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Old Profit Sharing Ratio

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

AccountancyOn the dissolution of a partnership firm, in which ratio is the reserve fund generally distributed among the partners?Class 12Dissolution of a Partnership FirmClosing the BusinessHard AccountancyAt the dissolution of a firm, in what ratio is the reserve fund generally distributed among the partners’ capital accounts?Class 12Dissolution of a Partnership FirmClosing the BusinessHard AccountancyAt the time of dissolution, which ratio is mainly used to distribute the profit or loss arising from realisation?Class 12Dissolution of a Partnership FirmClosing the BusinessMedium AccountancyAt the time of dissolution of a firm, in which ratio are accumulated losses transferred to the partners’ capital accounts?Class 12Dissolution of a Partnership FirmClosing the BusinessMedium AccountancyOn what basis is a deceased partner’s share of revaluation profit determined?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareHard AccountancyOn the basis of which profit-sharing ratio is the deceased partner’s share of revaluation profit up to the date of death calculated?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareHard AccountancyOn what basis is the deceased partner’s share of the profit arising from revaluation at the date of death added?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareHard AccountancyWhy is the deceased partner entitled to a share of the revaluation profit?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareEasy AccountancyThe existing goodwill is ₹1,50,000, and the old profit-sharing ratio of the three partners is 2:3:5. When the existing goodwill is written off, by what amount will the second partner’s capital account be debited?Class 12Reconstitution - Retirement or Death of a PartnerGoodwill SettlementHard AccountancyGoodwill appearing in the old books is ₹1,20,000. A, B and C share profits in the old ratio of 4 : 3 : 5. When the goodwill is written off, by how much will C’s Capital Account be debited?Class 12Reconstitution - Retirement or Death of a PartnerGoodwill SettlementHard AccountancyGoodwill of ₹72,000 appears in the old books. Partners A, B and C share profits in the old ratio of 7:3:2. When the goodwill is written off, by how much will B’s Capital Account be debited?Class 12Reconstitution - Retirement or Death of a PartnerGoodwill SettlementHard AccountancyGoodwill appearing in the books is ₹99,000 and the partners’ old profit-sharing ratio is 2:4:3. When the goodwill is written off in the old ratio, what amount will be debited to Partner C’s account?Class 12Reconstitution - Retirement or Death of a PartnerGoodwill SettlementMedium AccountancyIf the old profit-sharing ratio of A, B and C is \(2:2:1\) and C retires, what fraction of the firm's goodwill is due to C?Class 12Reconstitution - Retirement or Death of a PartnerGoodwill SettlementEasy AccountancyWhen previously recorded goodwill is written off on the reconstitution of a partnership, which accounts are debited?Class 12Reconstitution - Retirement or Death of a PartnerGoodwill SettlementEasy AccountancyThe goodwill recorded in the books is ₹30,000, and the old partners A and B share profits in the ratio of 2:1. When the goodwill is written off from the books, what amount will be debited to A’s Capital Account?Class 12Reconstitution - Retirement or Death of a PartnerGoodwill SettlementEasy AccountancyThe firm's total goodwill is ₹60,000 and the retiring partner's old share is 1/3. What is the value of that partner's share of goodwill?Class 12Reconstitution - Retirement or Death of a PartnerGoodwill SettlementEasy AccountancyA, B and C share profits in the ratio 1:2:3. On the admission of a new partner, the Capital Reserve is ₹90,000 and the Profit and Loss Account has a debit balance of ₹12,000. What net amount will be credited to C’s account?Class 12Reconstitution - Admission of a PartnerReservesExpert AccountancyA and B share profits and losses in the ratio of 6:4. The Profit and Loss Account has a credit balance of ₹70,000, while the accumulated loss is ₹90,000. What will be the net effect on A at the time of reconstitution?Class 12Reconstitution - Admission of a PartnerReservesExpert AccountancyAt the time of admission of a new partner, the Bad Debts Reserve is ₹72,000 and actual bad debts are found to be ₹42,000. The old partners share profits in the ratio of 4:5. How much of the remaining Bad Debts Reserve will be credited to the second partner’s Capital Account after adjusting the bad debts?Class 12Reconstitution - Admission of a PartnerReservesExpert AccountancyAt the time of admission of a new partner, the General Reserve is ₹1,26,000 and the Profit and Loss Account has a debit balance of ₹54,000. If these two items are adjusted among the old partners in the ratio of 3:2:1, what amount will be credited net to the first partner’s capital account?Class 12Reconstitution - Admission of a PartnerReservesExpert