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Class 12 · Accountancy

A B and C share in 4:3:5. C retires and his share is taken by A and B in 2:3. What will be the new ratio?

Class 12 · Accountancy

A B and C share in 5:3:2. C retires and his share is taken equally by A and B. What will be the new ratio of A and B?

Class 12 · Accountancy

A B and C share in 7:5:4. B retires and A and C take his share in their old mutual ratio. What will be the new ratio?

Class 12 · Accountancy

A B C and D have old ratio 3:2:4:1. C retires and no special information is given. What will be the new ratio of A B and D?

Class 12 · Accountancy

Why is gaining ratio important instead of new ratio in goodwill adjustment?

Class 12 · Accountancy

After reconstitution, the new profit-sharing shares of two partners are \(\frac{28}{50}\) and \(\frac{17}{50}\), respectively. What will be their new profit-sharing ratio?

Class 12 · Accountancy

After the retirement or death of a partner, the new ratio of the remaining partners is 44:31. What will be the new profit-sharing fractions of the first and second remaining partners, respectively?

Class 12 · Accountancy

If the sum of new shares of remaining partners is less than one what is the most correct conclusion?

Class 12 · Accountancy

A, B, C and D share profits in the ratio 9:4:2:1. When A retires, B, C and D acquire A’s profit share equally. What will be their new profit-sharing ratio?

Class 12 · Accountancy

A, B, C and D share profits in the ratio 6:4:3:2. When D retires, A, B and C acquire D’s share in the ratio 1:2:1. What will be their simplified new profit-sharing ratio?

Class 12 · Accountancy

A, B, C and D share profits in the ratio 4:5:6:3. A retires, and his share is acquired by B, C and D in the ratio 2:0:2. What will be the new profit-sharing ratio of B, C and D after A’s retirement?

Class 12 · Accountancy

A, B, C and D share profits in the ratio 7:5:4:2. After B’s death, A, C and D acquire B’s share in the ratio 3:1:1. What will be the new profit-sharing ratio?

Class 12 · Accountancy

A, B, C and D share profits in the ratio 6:5:4:3. When C retires, A, B and D acquire C’s share in the ratio 2:1:1. What is the simplified new profit-sharing ratio of A, B and D?

Class 12 · Accountancy

A, B, C and D share profits in the ratio 5:3:2:1. D retires, and A, B and C continue to share profits among themselves in their old ratio. What will be the new profit-sharing ratio?

Class 12 · Accountancy

At the time of a partner’s retirement, which expression identifies the gaining share of a continuing partner?

Class 12 · Accountancy

After a partner’s retirement, the new profit-sharing ratio of A and B is 12:11. If A’s old share in the profit was \(1/2\), what is A’s gaining share?

Class 12 · Accountancy

If new ratio is 5:3 and gaining ratio is 1:2 which statement is correct?

Class 12 · Accountancy

A, B and C share profits in the ratio 5:8:2. When B retires, the new profit-sharing ratio of A and C becomes 4:1. What is the gaining ratio of A and C?

Class 12 · Accountancy

A, B and C share profits in the ratio 5:8:2. When B retires, the new profit-sharing ratio of A and C becomes 4:1. What is C’s gaining share?

Class 12 · Accountancy

A, B and C share profits in the ratio 5:8:2. B retires, and the new profit-sharing ratio of A and C is fixed at 4:1. What is A’s gaining share?