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Class 12 · Accountancy · Easy
→Kamal and Nirmal share profits in the ratio 4:3. Payal is admitted for a 1/7 share, which is given by the old partners in their old ratio. What is Payal's part in the final ratio?
Class 12 · Accountancy · Easy
→Ajay and Vijay share profits in the ratio 3:1. Sanjay is admitted for a 1/8 share. If Ajay sacrifices 1/16 and Vijay sacrifices 1/16, what is the new ratio?
Class 12 · Accountancy · Easy
→Priya and Riya share profits in (2:3). Siya is admitted for (1/10) share. If Priya and Riya sacrifice for Siya in (1:2) then what is the new ratio?
Class 12 · Accountancy · Easy
→Meera and Neelam share profits in the ratio 5:4. Om is admitted for a 1/9 share, which is given by them in their old ratio. What is the new ratio?
Class 12 · Accountancy · Easy
→Jay and Karan share profits in (3:2). Leela is admitted for (1/5) share. If Leela takes the whole share from Jay then what will be Karan's new share?
Class 12 · Accountancy · Easy
→Geeta and Harish share profits equally. Ira is admitted as a partner for \(\frac{1}{6}\) of the profits. If Ira’s share is sacrificed equally by both old partners, what will be Geeta’s new share of profit?
Class 12 · Accountancy · Easy
→Deepak and Isha share profits in the ratio of 3:1. Falgun is admitted for a 1/4 share of profits, which is contributed by both partners in their old ratio. What will be Deepak’s new profit-sharing share?
Class 12 · Accountancy · Easy
→Neeraj and Pankaj share profits in (4:1). Queen is admitted for (1/5) share. If Queen's share is taken from Pankaj then what is the new ratio?
Class 12 · Accountancy · Easy
→Kapil and Lalit share profits in (2:1). Manoj is admitted for (1/3) share which is given equally by both old partners. What is the new ratio?
Class 12 · Accountancy · Easy
→Anshu and Binu share profits in the ratio 7:5. Charu is admitted as a partner for a 1/6 share of profits. If Anshu and Binu surrender Charu’s share in their old ratio, what will be the new profit-sharing ratio?
Class 12 · Accountancy · Easy
→Rohit and Mohit share profits in (5:3). Sohit is admitted for (1/4) share which is taken from Rohit only. What is the new ratio?
Class 12 · Accountancy · Easy
→Reena and Seema share profits equally. Meena is admitted for (1/4) share. If Meena gets her share equally from both old partners then what is the new ratio?
Class 12 · Accountancy · Easy
→Aman and Bharat share profits in old ratio (3:2). Chetan is admitted for (1/5) share. If Chetan gets his share from the old partners in old ratio then what is the new profit sharing ratio?
Class 12 · Accountancy · Hard
→If an examination question specifies the capitalization method for goodwill but a student applies the average profit method, what is the main error?
Class 12 · Accountancy · Hard
→If abnormal loss is not added back while calculating maintainable profit, what will be the effect on goodwill?
Class 12 · Accountancy · Hard
→If goodwill adjustment is to be made through current accounts instead of capital accounts, what does this mean?
Class 12 · Accountancy · Hard
→If the partnership agreement clearly states that a new partner's goodwill will be shared equally among the old partners, what treatment should be followed?
Class 12 · Accountancy · Hard
→If a firm's goodwill is based only on temporary fashion demand, what care is needed in its valuation?
Class 12 · Accountancy · Hard
→If the deceased partner’s share of goodwill is ₹180000 and the continuing partners’ gaining ratio is 5:4, what is the burden of the first continuing partner?
Class 12 · Accountancy · Medium
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