A. पुराने लाभ अनुपात के आधार पर/On the basis of old profit sharing ratio
Step 1
Concept
Goodwill belongs to the old firm so the retiring partner gets it in the old ratio. Remember old ratio for entitlement.
Step 2
Why this answer is correct
The correct answer is A. पुराने लाभ अनुपात के आधार पर / On the basis of old profit sharing ratio. Goodwill belongs to the old firm so the retiring partner gets it in the old ratio. Remember old ratio for entitlement.
Step 3
Exam Tip
ख्याति पुरानी फर्म की कमाई से बनी होती है इसलिए हिस्सा पुराने लाभ अनुपात से मिलता है। परीक्षा में old ratio याद रखें।
The retiring partner's share is taken by the remaining partners. So they are called gaining partners.
Step 2
Why this answer is correct
The correct answer is A. लाभ प्राप्त करने वाले साझेदार / Gaining partners. The retiring partner's share is taken by the remaining partners. So they are called gaining partners.
Step 3
Exam Tip
सेवानिवृत्त साझेदार का हिस्सा शेष साझेदारों को मिलता है। इसी कारण उन्हें gaining partners कहा जाता है।
The partners who gain must compensate the retiring partner. Hence they are debited in the gaining ratio.
Step 2
Why this answer is correct
The correct answer is A. लाभ प्राप्ति अनुपात में / In gaining ratio. The partners who gain must compensate the retiring partner. Hence they are debited in the gaining ratio.
Step 3
Exam Tip
क्षतिपूर्ति वही साझेदार देते हैं जिन्हें लाभ हिस्सा मिलता है। इसलिए डेबिट gaining ratio में होता है।
A. सेवानिवृत्त साझेदार पूंजी खाता/Retiring partner's capital account
Step 1
Concept
The retiring partner's entitlement is credited to his capital account. Remember credit to retiring partner.
Step 2
Why this answer is correct
The correct answer is A. सेवानिवृत्त साझेदार पूंजी खाता / Retiring partner's capital account. The retiring partner's entitlement is credited to his capital account. Remember credit to retiring partner.
Step 3
Exam Tip
सेवानिवृत्त साझेदार का अधिकार उसके पूंजी खाते में जमा किया जाता है। परीक्षा में credit to retiring partner याद रखें।
The remaining partners are gaining the retiring partner's share. So (3:2) is the gaining ratio.
Step 2
Why this answer is correct
The correct answer is A. लाभ प्राप्ति अनुपात / Gaining ratio. The remaining partners are gaining the retiring partner's share. So (3:2) is the gaining ratio.
Step 3
Exam Tip
शेष साझेदार सेवानिवृत्त साझेदार का हिस्सा प्राप्त कर रहे हैं। इसलिए (3:2) gaining ratio है।
A. सेवानिवृत्त या मृत साझेदार/Retiring or deceased partner
Step 1
Concept
The goodwill share is added to the amount due to the retiring or deceased partner. It is his right.
Step 2
Why this answer is correct
The correct answer is A. सेवानिवृत्त या मृत साझेदार / Retiring or deceased partner. The goodwill share is added to the amount due to the retiring or deceased partner. It is his right.
Step 3
Exam Tip
ख्याति का हिस्सा सेवानिवृत्त या मृत साझेदार की देय राशि में जोड़ा जाता है। यह उसका अधिकार है।
A. मृत साझेदार के उत्तराधिकारी खाते में/Deceased partner's executor account
Step 1
Concept
The amount due to a deceased partner is payable to the executor. So goodwill share goes to the executor account.
Step 2
Why this answer is correct
The correct answer is A. मृत साझेदार के उत्तराधिकारी खाते में / Deceased partner's executor account. The amount due to a deceased partner is payable to the executor. So goodwill share goes to the executor account.
Step 3
Exam Tip
मृत साझेदार की राशि उसके उत्तराधिकारी खाते में देय होती है। इसलिए ख्याति हिस्सा executor account में जाता है।
A. भविष्य के लाभ में उसके छोड़े गए हिस्से की क्षतिपूर्ति/Compensation for his surrendered future profit share
Step 1
Concept
The retiring partner leaves future profits. Goodwill is fair compensation for that loss.
Step 2
Why this answer is correct
The correct answer is A. भविष्य के लाभ में उसके छोड़े गए हिस्से की क्षतिपूर्ति / Compensation for his surrendered future profit share. The retiring partner leaves future profits. Goodwill is fair compensation for that loss.
Step 3
Exam Tip
सेवानिवृत्त साझेदार भविष्य के लाभ से बाहर हो जाता है। ख्याति उसका उचित प्रतिफल है।
A. पुराने साझेदारों के पूंजी खाते/Old partners' capital accounts
Step 1
Concept
Old goodwill is written off among all old partners in the old ratio. Therefore capital accounts are debited.
Step 2
Why this answer is correct
The correct answer is A. पुराने साझेदारों के पूंजी खाते / Old partners' capital accounts. Old goodwill is written off among all old partners in the old ratio. Therefore capital accounts are debited.
Step 3
Exam Tip
पुरानी ख्याति पुराने लाभ अनुपात में सभी पुराने साझेदारों से लिखी जाती है। इसलिए पूंजी खाते डेबिट होते हैं।
A. उनके पुराने अनुपात के बराबर/Equal to their old ratio
Step 1
Concept
When the new ratio is not changed the remaining partners gain in the same ratio. So gaining ratio is like their old ratio.
Step 2
Why this answer is correct
The correct answer is A. उनके पुराने अनुपात के बराबर / Equal to their old ratio. When the new ratio is not changed the remaining partners gain in the same ratio. So gaining ratio is like their old ratio.
Step 3
Exam Tip
जब नया अनुपात नहीं बदला जाता तो शेष साझेदार उसी अनुपात में लाभ पाते हैं। इसलिए gaining ratio उनके पुराने अनुपात जैसा होता है।
A. सेवानिवृत्त साझेदार या मृत साझेदार का उत्तराधिकारी/Retiring partner or deceased partner's executor
Step 1
Concept
The outgoing partner has the right to goodwill. So he or his executor is credited.
Step 2
Why this answer is correct
The correct answer is A. सेवानिवृत्त साझेदार या मृत साझेदार का उत्तराधिकारी / Retiring partner or deceased partner's executor. The outgoing partner has the right to goodwill. So he or his executor is credited.
Step 3
Exam Tip
ख्याति का अधिकार बाहर जाने वाले साझेदार का होता है। इसलिए उसे या उसके उत्तराधिकारी को credit दिया जाता है।
A. सेवानिवृत्त साझेदार का पुराना लाभ हिस्सा/Retiring partner's old profit share
Step 1
Concept
The goodwill claim depends on the old profit share. This is the key exam point.
Step 2
Why this answer is correct
The correct answer is A. सेवानिवृत्त साझेदार का पुराना लाभ हिस्सा / Retiring partner's old profit share. The goodwill claim depends on the old profit share. This is the key exam point.
Step 3
Exam Tip
ख्याति दावा पुराने लाभ हिस्से पर निर्भर करता है। यही परीक्षा का मुख्य बिंदु है।
A. विलेख के अनुसार कार्य करना चाहिए/Follow the deed
Step 1
Concept
The partnership deed is the agreement of partners. If given in the question give it priority.
Step 2
Why this answer is correct
The correct answer is A. विलेख के अनुसार कार्य करना चाहिए / Follow the deed. The partnership deed is the agreement of partners. If given in the question give it priority.
Step 3
Exam Tip
साझेदारी विलेख साझेदारों का समझौता होता है। प्रश्न में deed दी हो तो उसे प्राथमिकता दें।
A. क्योंकि वह फर्म की प्रतिष्ठा बनाने में भागीदार था/Because he was part of building the firm's reputation
Step 1
Concept
Goodwill is linked with reputation and extra earning capacity. The retiring partner contributed to it.
Step 2
Why this answer is correct
The correct answer is A. क्योंकि वह फर्म की प्रतिष्ठा बनाने में भागीदार था / Because he was part of building the firm's reputation. Goodwill is linked with reputation and extra earning capacity. The retiring partner contributed to it.
Step 3
Exam Tip
ख्याति फर्म की प्रतिष्ठा और अतिरिक्त लाभ क्षमता से जुड़ी है। सेवानिवृत्त साझेदार ने इसमें योगदान दिया होता है।
A. लाभ प्राप्त करने वाले साझेदारों के पूंजी खाते/Gaining partners' capital accounts
Step 1
Concept
The remaining partners gain the deceased partner's share. Therefore their capital accounts are debited.
Step 2
Why this answer is correct
The correct answer is A. लाभ प्राप्त करने वाले साझेदारों के पूंजी खाते / Gaining partners' capital accounts. The remaining partners gain the deceased partner's share. Therefore their capital accounts are debited.
Step 3
Exam Tip
मृत साझेदार का हिस्सा शेष साझेदार प्राप्त करते हैं। इसलिए उनका पूंजी खाता डेबिट होता है।
A. लाभ पाने वाले साझेदार भुगतान का भार उठाते हैं/Partners who gain bear the payment burden
Step 1
Concept
Partners who take extra profit share bear the compensation burden. This is the basic logic.
Step 2
Why this answer is correct
The correct answer is A. लाभ पाने वाले साझेदार भुगतान का भार उठाते हैं / Partners who gain bear the payment burden. Partners who take extra profit share bear the compensation burden. This is the basic logic.
Step 3
Exam Tip
जो साझेदार लाभ हिस्सा लेते हैं वही क्षतिपूर्ति का भार उठाते हैं। यह basic logic है।
A. बाहर जाने वाले साझेदार को उसकी ख्याति हिस्सेदारी की क्षतिपूर्ति देना/Compensating the outgoing partner for his goodwill share
Step 1
Concept
Goodwill settlement means adjusting the outgoing partner's right. Treat it as a compensation adjustment in exams.
Step 2
Why this answer is correct
The correct answer is A. बाहर जाने वाले साझेदार को उसकी ख्याति हिस्सेदारी की क्षतिपूर्ति देना / Compensating the outgoing partner for his goodwill share. Goodwill settlement means adjusting the outgoing partner's right. Treat it as a compensation adjustment in exams.
Step 3
Exam Tip
ख्याति निपटान का अर्थ बाहर जाने वाले साझेदार के अधिकार को समायोजित करना है। परीक्षा में इसे compensation adjustment मानें।
A. नहीं पूंजी खातों में समायोजन पर्याप्त है/No adjustment through capital accounts is enough
Step 1
Concept
When adjustment is made through capital accounts immediate cash payment is not necessary. In exams keep cash payment and capital adjustment separate.
Step 2
Why this answer is correct
The correct answer is A. नहीं पूंजी खातों में समायोजन पर्याप्त है / No adjustment through capital accounts is enough. When adjustment is made through capital accounts immediate cash payment is not necessary. In exams keep cash payment and capital adjustment separate.
Step 3
Exam Tip
पूंजी खातों में समायोजन होने पर तुरंत नकद देना जरूरी नहीं होता। परीक्षा में cash payment और capital adjustment को अलग रखें।
