Question 02 Chapter 4 of +2 Part-1 – USHA Publication 12 Class Part – 1

Question 02 Chapter 4 of +2- Part-

Question 02 Chapter 4 of +2-Part-1

2. (NPS/ Sacrifice and Gain) A, B and C are partners in 2:1:3 ratio. The new ratio will be 5:3:2. Calculate the gain or sacrifice of each partner on the change in profit ratio.

 

The solution of Question 02 Chapter 4 of +2 Part-1: – 

Old Ratio of A, B & C = 2: 1 : 3
New Ratio of A, B & C = 5 : 3: 2

 

Calculate the Sacrificing or Gaining Ratio of Partners

Sacrificing or Gaining Ratio = Old Ratio – New Ratio

A’s Gain = 2 5
6 10
  = 10 – 15
  30
  = -5 (Gain)
  30

 

B’s Gain = 1 3
6 10
  = 5 – 9
  30
  = -4 (Gain)
  03

 

 

C’s Sacrifice = 3 2
6 10
  = 15 – 6
  30
  = 9 (Sacrifice)
  03

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Also, Check out the solved question of previous Chapters: –

Usha Publication – Accountancy PSEB (Class 12) – Volume I – Solution

Chapter No. 1 – Accounting Not for Profit Organisations

Chapter No. 2 – Partnership Accounts – I

Chapter No. 3 – Partnership Accounts – II (Introduction)

Chapter No. 4 – Partnership Accounts – III (Goodwill: Nature and Valuation)

Chapter No. 5 – Partnership Accounts – IV (Reconstitution of Partnership)

Chapter No. 6 – Partnership Accounts – V (Admission of A Partner)

Chapter No. 7 – Partnership Accounts – VI (Retirement and Death of A Partner)

Chapter No. 8 – Company Accounts (Share Capital)

Chapter No. 9 – Company Accounts (Issue of Debentures)

Chapter No. 10 – Company Accounts (Redemption of Debentures)

Usha Publication – Accountancy PSEB (Class 12) – Volume II – Solution

Chapter No. 1 – Financial Statements of a Company (Balance Sheet Only)

Chapter No. 2 – Techniques of Financial Statement Analysis

Chapter No. 3 – Ratio Analysis 

Chapter No. 4 – Cash Flow Statement

Check out T.S. Grewal +2 Book 2020@ Official Website of Sultan Chand Publication

2 Book 1 min - Question 02 Chapter 4 of +2 Part-1 - USHA Publication  12 Class Part - 1
Vol. I: Accounting for Not-for-Profit Organizations and Partnership Firms

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