Category: Chapter No. 5 – Partnership Accounts – IV Admission of a Partner

Question 24 Chapter 5 of Class 12 Part – 1 Usha Publication 24.(Goodwill partially withdrawn )Behari and Punjabi are partners in ratio 2:3 . Haryanvi is admitted for 1/3 share . He brings cash Rs. 50,000 for capital and goodwill Read More …

Question 23 Chapter 5 of Class 12 Part – 1 Usha Publication 23.(Goodwill partially withdrawn )A and B are partners in 3:2 ratio. They admitted C for 1/3 share. He brings Rs. 70,000 of which Rs. 40,000 in his capital Read More …

Question 22 Chapter 5 of Class 12 Part – 1 Usha Publication 22.( NPS/Goodwill brought in cash )A, B, and C are partners in ratio 3:2:1. D is admitted for 1/6 share which sacrificed by a. D introduced cash Rs. Read More …

Question 21 Chapter 5 of Class 12 Part – 1 Usha Publication 21.( NPS/Goodwill brought in cash )Bhushan, Gobin, and Rajan are partners in the 5:3:2 ratio. Sahil is admitted for 1/10 share which he acquires equally from Bhushan and Read More …

Question 20 Chapter 5 of Class 12 Part – 1 Usha Publication 20.( Goodwill brought in cash ) X and Y are partners in a 2:1 ratio. Z is admitted for ¼ share. He brings Rs. 50,000 as capital and Read More …

Question 19 Chapter 5 of Class 12 Part – 1 Usha Publication 19. (NPS ) Singh, Gupta and Lal are partners in a firm, sharing profits in the ratio of 3:2:3. They admitted Jain as a new partner. Singh surrendered Read More …

Question 18 Chapter 5 of Class 12 Part – 1 Usha Publication 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 Read More …

Question 17 Chapter 5 of Class 12 Part – 1 Usha Publication 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 Read More …

Question 16 Chapter 5 of Class 12 Part – 1 Usha Publication 16. (Different cases of NPS) (i)Singh and Pandit are partners in a 4:1 ratio. They admitted Maulavi as a partner. The net profit ratio is 5:3:2. Find out Read More …