Advertisement

Question 18 Chapter 5 of +2 Part-1 – USHA Publication 12 Class Part – 1

Question 18 Chapter 5 of +2- Part-
Q-18- CH-5 - Usha +2 Book 2018 - Solution

Advertisement

Question 18 Chapter 5 of +2-Part-1

Advertisement

18. (NPS) X , Y and Z are partners in 7:3:2. O is admitted . He gets 1/12 from X and 1/24 from Z . X also gave 2/12 to Z and Y gets 1/24 from Z . Find the new ratio.

We are providing a solution of Question 18 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. 18 from the flowing video by using time stamps of the video.

2. Check out the Solution of this question in Article Format:-

The solution of Question 18 Chapter 5 of +2 Part-1: – 

Advertisement-X

 Calculation of new Profit Sharing ratio

Old Profit Sharing ratio of X , Y and Z = 7:3:2

X’s Sacrifice=1toOand2toZ
1212
         
X’s new share=71+2
121212
 =4or8  
 1224  
       
 =1    
Z’s sacrifice for Y24 

Z’s Share = Old Share + Acquired from Z – ( Sacrifice for O Sacrifice for Y )

Z’s new share=221:1
121224 
X’s sacrifice for B=8 – 2  
24 
     
 =6  
  24 
Y’s new share=3+1
1224
     
 =7  
 24 
O’s share=1+1
1224
     
 =3  
 24 

Advertisement-Y

New Profit sharing ratio=8:7:6:3
24242424
         
New Profit sharing Ratio=8:7:6:3

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 Firm

Advertisement

Advertisement

error: Content is protected !!