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Partnership Accounting

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

AccountancyA, B and C share profits in the ratio 5:4:1. When C retires, the new profit-sharing ratio of A and B becomes 2:3. What is B’s gaining share?Class 12Reconstitution - Retirement or Death of a PartnerNew RatiosHard AccountancyA, B, and C are partners sharing profits in the ratio 3:1:6. C retires, and the new profit-sharing ratio of A and B becomes 2:1. What is A’s gain in share?Class 12Reconstitution - Retirement or Death of a PartnerNew RatiosMedium AccountancyA, B and C share profits in the ratio 5:3:2. C retires, and the new ratio of A and B is fixed at 10:6. What is the simplified new ratio of A and B?Class 12Reconstitution - Retirement or Death of a PartnerNew RatiosMedium AccountancyA, B and C share profits in the ratio 3:3:4. When C retires, the new profit-sharing ratio of A and B becomes 2:1. What will be the gaining ratio of A and B?Class 12Reconstitution - Retirement or Death of a PartnerNew RatiosEasy AccountancyAfter the death of a partner, among whom are the firm’s future profits generally distributed?Class 12Reconstitution - Retirement or Death of a PartnerNew RatiosEasy AccountancyA, B and C share profits in the ratio 4:3:3. After C retires, the new profit-sharing ratio of A and B becomes 5:4. What is B’s gaining share?Class 12Reconstitution - Retirement or Death of a PartnerNew RatiosEasy AccountancyA, B and C share profits in the ratio 2 : 3 : 1. A dies, and no new agreement is made. What will be the new profit-sharing ratio of B and C?Class 12Reconstitution - Retirement or Death of a PartnerNew RatiosEasy AccountancyA, B and C share profits in the ratio 2:3:5. After C retires, the new profit-sharing ratio of A and B becomes 1:1. Which statement is correct?Class 12Reconstitution - Retirement or Death of a PartnerNew RatiosMedium AccountancyAfter the retirement or death of a partner, what does a gaining ratio of 0:1 mean?Class 12Reconstitution - Retirement or Death of a PartnerNew RatiosEasy AccountancyA, B and C share profits in the ratio 6:4:5. B dies, and no new agreement is made. What will be the new profit-sharing ratio of A and C?Class 12Reconstitution - Retirement or Death of a PartnerNew RatiosEasy AccountancyA, B and C share profits in the ratio 3:5:2. After C retires, the new profit-sharing ratio of A and B becomes 2:3. What is A’s gaining share?Class 12Reconstitution - Retirement or Death of a PartnerNew RatiosEasy AccountancyIf A’s old share is \(\frac{3}{8}\) and new share is \(\frac{5}{8}\), what is A’s gaining share?Class 12Reconstitution - Retirement or Death of a PartnerNew RatiosEasy AccountancyThe old profit-sharing ratio of A, B and C is 6:3:1. C retires, and the new profit-sharing ratio of A and B becomes 7:3. What is the gaining ratio of A and B?Class 12Reconstitution - Retirement or Death of a PartnerNew RatiosMedium AccountancyA, B and C share profits in the ratio 4:4:2. When C retires, the new profit-sharing ratio of A and B becomes 5:5. What is the gaining ratio of A and B?Class 12Reconstitution - Retirement or Death of a PartnerNew RatiosMedium AccountancyA, B and C share profits in the ratio 2:5:3. A retires, and B and C acquire A’s share in the ratio 3:2, respectively. What will be the new profit-sharing ratio of B and C?Class 12Reconstitution - Retirement or Death of a PartnerNew RatiosMedium AccountancyA, B and C share profits in the ratio 2:3:5. C retires, and A and B acquire C’s share in the ratio 1:4. What will be the new profit-sharing ratio of A and B?Class 12Reconstitution - Retirement or Death of a PartnerNew RatiosMedium AccountancyAfter a partner retires, what should be the sum of the new profit-sharing ratios of the remaining partners?Class 12Reconstitution - Retirement or Death of a PartnerNew RatiosEasy AccountancyA and B share profits and losses in the ratio of 9:4. The Contingency Reserve is ₹78,000, whereas the actual liability is ₹91,000. What amount of the additional loss will be debited to B’s account?Class 12Reconstitution - Admission of a PartnerReservesExpert AccountancyAt the time of admission of a new partner, the Bad Debts Reserve is ₹42,000 and actual bad debts amount to ₹18,000. The remaining amount is to be distributed among the old partners in the ratio of 6:4. How much will be credited to the second old partner?Class 12Reconstitution - Admission of a PartnerReservesExpert AccountancyWhat is the basic accounting basis for distributing reserves when a new partner is admitted?Class 12Reconstitution - Admission of a PartnerReservesEasy