WebNov 14, 2024 · A and B are partners in a firm sharing profits in the ratio of 4 : 1 . They decided to share future profits in the ratio of 3 : 2 w.e.f. 1st April,2024 . On that day, Profit and Loss Account showed a debit balance of ₹ 1,00,000.Pass journal entry to give effect to the above. Solution: Question 13. WebVijay’s new profit sharing ratio =2/5 -1/10 =3/10. Therefore, the profit sharing ratio between three partners. 5/10 : 3/10 : 2/10. or 5:3:2. New profit sharing ratio of Ajit, Vijay and Rahul will be 5:3:2. The above mentioned is the concept that is explained in detail about New Profit Sharing Ratio for the Class 12 Commerce students.
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WebNov 14, 2024 · Top-100 CAT Quantitative Suitability questions with solutions PDF. Most important Quant questions for CAT 2024 with excellent explanations covering complete important syllabus. WebQ. X, Y and Z are partners in a firm sharing profits and losses in the ratio of 5: 3: 2. Their fixed capitals were R s. 3, 00, 000; R s. 2, 00, 000 and R s. 1, 00, 000 respectively. For the year ended 31st March, 2024, interest on capital was credited to them @ 10 % p.a. instead of 8 % p.a. Showing your working notes clearly, pass necessary ... irene day hospital
Ram, Mohan and Sohan sharing profits and losses equally have …
WebKnow all about Shyam Century Ferrous Ltd. share price and read why Shyam ... market performance & latest news on NDTV Profit. ... Price To Earnings (P/E) Ratio: 64.82: Book Value Per Share (₹) 4.71: WebApr 10, 2024 · Partnership Profit-Sharing Ratio Problems. 1. X and Y are two partners sharing profits in the ratio of 3:1. Z is admitted for 1/8th share of profits. Calculate the … WebNov 15, 2024 · This SHYC page provides a table containing critical financial ratios such as P/E Ratio, EPS, ROI, and others. irene dowd obituary