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Question 09 Chapter 6 of +2 Part-1 – USHA Publication 12 Class Part – 1

Question 09 Chapter 6 of +2- Part-
Q-9 - CH-6 - Usha +2 Book 2018 - Solution

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Question 09 Chapter 6 of +2-Part-1

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9. (Share of Retiring Partner given in Proportionate to Remaining Partners) W, X, Y and 1Z are partners in 4: 5:6:5 ratio respectively. X and Z retires. X Share is taken by W and Y in 2: 1 , where as 25% of Z share is given to W and 75% is given to Y. Find out new ratio

The solution of Question 09 Chapter 6 of +2 Part-1: –

Calculation of new Profit Sharing ratio

Ratio = WXYZ=4:5:6:5
20202020

X share 5/20 goes to W & Y in ratio 2 : 1

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W gets=5x2
203
     
 =10  
 60  
Y gets=5x1
203
     
 =5  
 60  

Z’s share 5/20 goes to W & Y in 25 % & 75 % ratio

W gets=5x1
204
     
 =5  
 80  
Y gets=5x3
204
     
 =15  
 80  

New share
W = Old share + Received from X + Received from Z

 =4+10+5=103
206080240

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Y=6+5+15=137
206080240

Comment if you have any questions.


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

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

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

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

+2 Book 1-min
Vol. I: Accounting for Not-for-Profit Organizations and Partnership Firm

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