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Admission Of A Partner

Class 12 Accountancy के इस tag से जुड़े questions। हर question के साथ chapter, topic, level और difficulty दी गई है।

AccountancyThe firm’s goodwill is ₹1,50,000 and the new partner receives a 1/5 share. What is his goodwill premium?Class 12Reconstitution - Admission of a PartnerGoodwill AccountingEasy AccountancyWhy is premium for goodwill not treated as normal income of the firm?Class 12Reconstitution - Admission of a PartnerGoodwill AccountingEasy AccountancyIn the entry for writing off old goodwill, on which side does the Goodwill Account appear?Class 12Reconstitution - Admission of a PartnerGoodwill AccountingEasy AccountancyOn the admission of a new partner, goodwill already appearing in the books at ₹36,000 is written off in the old partners’ old ratio of 2:1. What amount will be debited to the second partner’s capital account?Class 12Reconstitution - Admission of a PartnerGoodwill AccountingEasy AccountancyThe total goodwill of a firm is ₹96,000. A new partner is admitted for a 1/6 share. How much premium for goodwill should the new partner bring?Class 12Reconstitution - Admission of a PartnerGoodwill AccountingEasy AccountancyA firm’s total goodwill is ₹1,20,000. A new partner is admitted for a 1/6 share of the profits. What amount should the new partner bring in as a premium for goodwill?Class 12Reconstitution - Admission of a PartnerGoodwill AccountingEasy AccountancyA new partner is admitted for a 3/10 share of the profits. The old partners share profits in the ratio 7:3. If the first partner sacrifices 1/5 of the total profits, how much does the second partner sacrifice?Class 12Reconstitution - Admission of a PartnerNew Profit Sharing RatioExpert AccountancyA and B share profits in the ratio 15:10. C is admitted for a 1/5 share of the profits. This share is sacrificed by the old partners in their old ratio. What will be the simplified new profit-sharing ratio?Class 12Reconstitution - Admission of a PartnerNew Profit Sharing RatioHard AccountancyA and B share profits in the ratio 5:6. C is admitted as a partner with a 2/11 share of the profits. If B’s new profit-sharing share is 1/2, what is A’s new profit-sharing share?Class 12Reconstitution - Admission of a PartnerNew Profit Sharing RatioHard AccountancyA and B share profits in the ratio 7:5. C is admitted for a \(\frac{1}{6}\) share of the profits. A and B sacrifice this share in the ratio 4:1, respectively. What is B’s new share of profit?Class 12Reconstitution - Admission of a PartnerNew Profit Sharing RatioHard AccountancyA and B share profits in the ratio 7:5. C is admitted for a \(\frac{1}{6}\) share of the profits. A and B sacrifice this share in the ratio 4:1, respectively. What is A’s actual sacrifice?Class 12Reconstitution - Admission of a PartnerNew Profit Sharing RatioHard AccountancyKajal and Payal share profits in the ratio \(4:7\). Riya is admitted as a partner for a \(1/11\) share of the total profits. Kajal and Payal sacrifice Riya’s share in the ratio \(1:2\). What will be Payal’s new profit-sharing share?Class 12Reconstitution - Admission of a PartnerNew Profit Sharing RatioHard AccountancyA and B share profits in the ratio 5:3. The new partner C is given 1/8 of the profits. A and B sacrifice 1/16 and 1/16 of the profits, respectively. What is their sacrificing ratio?Class 12Reconstitution - Admission of a PartnerNew Profit Sharing RatioHard AccountancyA, B and C share profits in the ratio 4:4:2. D is admitted as a new partner for a 1/10 share of profits. D’s share is taken equally from A and C only. What is the new profit-sharing ratio?Class 12Reconstitution - Admission of a PartnerNew Profit Sharing RatioHard AccountancyA and B share profits in the ratio 11:9. C is admitted for a 1/5 share of profits, which is sacrificed by A and B in the ratio 3:2. What will be the new profit-sharing ratio?Class 12Reconstitution - Admission of a PartnerNew Profit Sharing RatioExpert AccountancyA and B share profits in the ratio 5:6. C is admitted for a \(\frac{2}{11}\) share of the profits. If A’s new share is \(\frac{4}{11}\), what will be B’s new share?Class 12Reconstitution - Admission of a PartnerNew Profit Sharing RatioExpert AccountancyA and B share profits in the ratio 5:6. C is admitted as a partner for a 3/11 share of the total profit. The remaining profit is divided between A and B in their old ratio. What will be the new profit-sharing ratio?Class 12Reconstitution - Admission of a PartnerNew Profit Sharing RatioExpert AccountancyA and B share profits in the ratio 3:4. C is admitted for a 2/7 share of the profits, and A and B sacrifice in the ratio 2:3. What is A’s new profit-sharing share?Class 12Reconstitution - Admission of a PartnerNew Profit Sharing RatioExpert AccountancyA and B share profits in the ratio 2:3. On C’s admission, C is given 1/5 of the total profit. If A’s share in the new profit-sharing ratio is 7/15, what is B’s new share?Class 12Reconstitution - Admission of a PartnerNew Profit Sharing RatioExpert AccountancyA and B share profits in the ratio 1:3. C is admitted for a 1/4 share of profits. If A makes no sacrifice, what is the new profit-sharing ratio of A, B and C?Class 12Reconstitution - Admission of a PartnerNew Profit Sharing RatioHard