State the reason why a partner’s wife loan is transferred to Realisation A/c? Post category:Accountancy Reading time:1 mins read SOLUTION Wife Loan is an outside liability. Please Share This Share this content Opens in a new window X Opens in a new window Facebook Opens in a new window Pinterest Opens in a new window LinkedIn Opens in a new window Viber Opens in a new window VK Opens in a new window Reddit Opens in a new window Tumblr Opens in a new window Viadeo Opens in a new window WhatsApp Read more articles Previous PostWhat entry is passed when an asset is given to a Creditor in full settlement of his dues? Next PostWhy partner’s loan is not transferred to Realisation A/c? You Might Also Like Why is Realisation Account prepared? September 27, 2022 For which of the following situations, the old profit-sharing ratio of partners is used at the time of admission of a new partner? (a) When new partner brings only a part of his share of goodwill. (b) When new partner is not able to bring his share of goodwill. (c) When, at the lime of admission, goodwill already appears in the balance sheet. (d) When new partner brings his share of goodwill in cash. (C.B.S.E. Sample Paper2020) October 8, 2022 From the following particulars, calculate new profit-sharing ratio of the partners: (a) Shiv, Mohan and Hari were partners in a firm sharing profits in the ratio of 5 : 5 : 4. Mohan retired and his share was divided equally between Shiv and Hari. (b) P, Q and R were partners sharing profits in the ratio of 5 : 4 : 1. P retires from the firm. August 3, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.
For which of the following situations, the old profit-sharing ratio of partners is used at the time of admission of a new partner? (a) When new partner brings only a part of his share of goodwill. (b) When new partner is not able to bring his share of goodwill. (c) When, at the lime of admission, goodwill already appears in the balance sheet. (d) When new partner brings his share of goodwill in cash. (C.B.S.E. Sample Paper2020) October 8, 2022
From the following particulars, calculate new profit-sharing ratio of the partners: (a) Shiv, Mohan and Hari were partners in a firm sharing profits in the ratio of 5 : 5 : 4. Mohan retired and his share was divided equally between Shiv and Hari. (b) P, Q and R were partners sharing profits in the ratio of 5 : 4 : 1. P retires from the firm. August 3, 2022
