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# Question 17 Chapter 5 of +2 Part-1 – USHA Publication 12 Class Part – 1

Q-17 - CH-5 - Usha +2 Book 2018 - Solution

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Question 17 Chapter 5 of +2-Part-1

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17.(New Ratio) X, Y, and Z are partners in the 5:3:3 ratio. They admitted A for 1/5 share. Y will retain his old share. Find out a new ratio.

We are providing a solution of Question 17 Chapter 5 of +2 Part-1 in two formats. one is in Video format and another is in article format. Check out both formats as follows:

### 1. Check out the Solution of this question in Video Format:-

The video consists solution of question numbers from 12 to 23 Chapter no. 5 class 12 of Usha publication. To check the direct solution of question no. 17 from the flowing video by using time stamps of the video.

Day - 81 | Solution of Questions Admission of a Partner | Chapter No. 5 | Accounts class 12 | PSEB |

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## The solution of Question 17 Chapter 5 of +2 Part-1: –

Calculation of new Profit Sharing ratio

 Share of profit acquired by A = 1 5
 Y‘s share to remain the same. i.e = 3 10

So sacrifice for A has been made by X and Z only in their relative ratio i.e. 5:2

 X’s sacrifice for A = 5 x 1 7 5 = 1 7
 Z’s sacrifice for A = 1 X 2 5 7 = 2 35

New Share = Old Share – Sacrificed Share

 X’s new share = 5 – 1 10 7 = 25 70

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 Z’s new share = 2 – 2 10 35 = 10 70
 New Profit sharing Ratio = 25 : 3 : 10 : 1 70 10 70 5 = 25 : 21 : 10 : 14 70 70 70 70 New Profit sharing Ratio = 25 : 21 : 10 : 14

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## Check Out the Solution of all questions of this chapter:

The solution to all questions of Chapter No. 5 – Partnership Accounts – IV (Admission of A Partner) Class 12 Usha Publication – 2024 is shown as follows, click on the image of the question to get the solution.

Question 05 Chapter 5 of +2 Part-1 – USHA Publication 12 Class Part – 1

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Question 11 Chapter 5 of +2 Part-1 – USHA Publication 12 Class Part – 1

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Question 17 Chapter 5 of +2 Part-1 – USHA Publication 12 Class Part – 1

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Question 23 Chapter 5 of +2 Part-1 – USHA Publication 12 Class Part – 1

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Question 29 Chapter 5 of +2 Part-1 – USHA Publication 12 Class Part – 1

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Question 35 Chapter 5 of Class 12 Part – 1 – USHA Publication

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Question 41 Chapter 5 of +2 Part-1 – USHA Publication 12 Class Part – 1

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Question 46 Chapter 5 of +2 Part-1 – USHA Publication

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Question 52 Chapter 5 of +2 Part-1 – USHA Publication

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Question 58 Chapter 5 of +2 Part-1 – USHA Publication 12 Class Part – 1

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Question 64 Chapter 5 of +2 Part-1 – USHA Publication 12 Class Part – 1

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### Download a PDF of Chapter No. 5 – Partnership Accounts – IV (Admission of A Partner):

If you want to download a PDF of this chapter then you can do it. Check out our PDF file on our Store page.

## Chapter-Wise Solution of Usha Publication Accountancy – Part 1 Class 12 – Session 2024-25 as per the PSEB curriculum

Check out Solutions to all questions of the every chapter shown as under. The Solution of Accountancy – Part 1 Class 12 – Session 2024-25 is provided as per the new book published by Usha Publication.

Chapter No. 1 – Accounting Not-for-Profit Organisations (Deleted from the Syllabus)

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Chapter No. 2 – Partnership Accounts – I (Introduction)

Chapter No. 3 – Partnership Accounts – II (Goodwill: Nature and Valuation)

Chapter No. 4 – Partnership Accounts – III (Reconstitution of Partnership)

Chapter No. 5 – Partnership Accounts – IV (Admission of A Partner)

Chapter No. 6 – Partnership Accounts – V (Retirement and Death of A Partner)

Chapter No. 7 – Partnership Accounts – VI (Dissolution of Partnership Firm)

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## Check out Part 2 of both books.

In Class 12th the accountancy has 2 books i.e. Part 1 and Part 2. The Books related to the Part 1 are shown above. but If you want to know more about Part 2, you can check it out from the following links. We have provided the links to both books i.e. Accountancy Part 2 by Usha Publication and Advanced Accountancy Part 2 by Unimax Publication.

1. Accountancy – Part 2 Class 12 – Session 2024-25 By Usha Publication

2. Advanced Accountancy Part 2 Class 12 by Unimax Publication

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