WebFrom the following particulars, calculate new profft-sharing ratio of the partners:, , a)Shiv,Mohan and Hari were partners in a firm sharing profits in the ratio of 5:5:4.Mohan … WebThe drawings of the deceased partner up to the date of death amounted to Rs. 10,000. Interest on capital is to be allowed at 12% per annum. Surviving partners agreed that Rs. …
12th Ts grewal 2024-2024 Question 26 to 30 Retirement of A …
WebPage 2 of 5 8. Punit, Ramit and Akshit were partners sharing profits equally. Akshit retired on 1st April, 2024. Punit and Ramit decided to continue the business and share profits in … WebNov 26, 2024 · 13th â ‹Q13 On 31st March 2015 the Balance sheet of Punit, Rahul and Seema was as ... It was agreed between her executors and the remaining partners that : (i) Goodwill be valued at 2 years' purchase of the average profits of the previous five years which were 2010-11 : Rs. 30,000; 2011-12 Rs. 26,000; 2012-13; Rs. 24,000 ... bucket list world
Q. 25 solution of Retirement of Partner Chapter TS Grewal Book …
WebThe profits 40,000 for the year ended 31st March, 2024 were divided between the partners without allowing interest on capital @ 5% p.a. and commission to Akshara @ 1,000 per quarter. The drawings of the partners during the year were : Puneet * 2,500 per month. Akshara * 10,000 per quarter. WebThey were sharing Profit and loss in the ratio 5:3:2. Seema died on October 1, 2015. It was agreed between her executors and the remaining partners that: i. Goodwill be valued at 2 years’ purchase of the average profits of the previous five years, which were: 2010-11: 30,000; 2011-12: 26,000; 2012-13: 24,000; 2013-14: 30,000 and WebDownload now. of 110. Objective Questions Multiple Choice Questions 1, Name the partner who lend: reputation to the firm and share a interest, {a) Ostensible partner (c) Nominal partner s merely the does not () Partner by estoppel (4) Dormant partner - In the absence of partnership deed or the Partnership being silent, the Partnership Act, 1932 ... exterior window washing kit