Advertisement

Question 10 Chapter 4 of Class 12 Part – 1 VK Publication

Question 10 Chapter 4 of Class 12 Part - 1 VK Publication
Question 10 Chapter 4 of Class 12 Part - 1 VK Publication

Advertisement

Question 10 Chapter 4 of Class 12 Part – 1

Advertisement

10. Amla and Kamla are partners in a firm sharing profits in the ratio of 4:1. They admitted Bimla as a new partner for 1/4th share in the profit, which she acquired wholly from Amla. Determine new profit-sharing ratio of partners

The solution of Question 10 Chapter 4 of Class 12 Part – 1: –

Share Sacrificed = Old Share – New Share

New Share of Amla = Old Share – Share Sacrificed in favour of Bimla=41
54
 =16-5
20
 =11 
  20 

New Ratio of Amla, Kamla and Bimla = 11:4:5

Advertisement-X

Thanks, Please Like and share with your friends  

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 Firms

Advertisement

Advertisement

error: Content is protected !!