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प्रश्न
Atul and Neera were partners in firm sharing profits in the ratio of 3: 2. They admitted Mitali as a new partner. Goodwill of the firm was valued at ₹ 2,00,000. Mitali brings her share of a goodwill premium of ₹ 20,000 in cash, which is entirely credited to Atul's Capital Account. Calculate the new profit sharing ratio.
उत्तर
Revalued Goodwill of the firm on Mitali’s admission = ₹ 2,00,000
Premium for Goodwill brought in cash by Mitali = ₹ 20,000
So, Mitali’s share in future profit of the firm = `(20,000)/(2,00,000) = (1)/(10)`
Atul’s Account has only been credited by the premium brought in by Mitali
So, Atul’s Sacrificing Share = Profit Share of Mitali = `(1)/(10)`
New Profit Share of Atul = Old Profit Share – Sacrificing Share
New Profit Share of Atul = `(3)/(5) - (1)/(10) = (5)/(10)`
Hence,
| Atul | Neera | Mitali | |||
| New Profit Sharing Ratio | `(5)/(10)` | `(2)/(5)` | `(1)/(10)` | ||
| OR | `(5)/(10)` | `(4)/(10)` | `(1)/(10)` | ||
| OR | 5 | : | 4 | : | 1 |
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संबंधित प्रश्न
P and Q are partners sharing profits in 2:1 ratio. They admitted R into partnership giving him 1/5 share which he acquired from P and Q in 1:2 ratio. Calculate new profit sharing ratio?
From the following particulars, calculate new profit-sharing ratio of the partners:
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Following was agreed among the partners on B's retirement:
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Pass necessary Journal entries for the adjustment of these items on Z's retirement.
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|
Liabilities |
Amount (₹) |
Assets |
Amount (₹) |
||
| Creditors |
21,000 |
Cash at Bank | 5,750 | ||
| Workmen Compensation Reserve |
12,000 |
Debtors |
40,000 |
|
|
| Investments Fluctuation Reserve |
6,000 |
Less: Provision for Doubtful Debts |
2,000 |
38,000 |
|
| Capital A/cs: | Stock | 30,000 | |||
| X | 68,000 | Investment (Market Value ₹ 17,600) | 15,000 | ||
| Y |
32,000 |
|
Patents | 10,000 | |
| Z |
21,000 |
1,21,000 |
Machinery |
50,000 |
|
| Goodwill | 6,000 | ||||
| Advertisement Expenditure | 5,250 | ||||
|
1,60,000 |
1,60,000 |
||||
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| Capital A/cs: | Land and Building | 4,00,000 | |||
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| 16,00,000 | 16,00,000 | ||||
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| 8,70,000 | 8,70,000 | ||||
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|
Liabilities |
₹ |
Assets |
₹ |
||
|
Trade Creditors |
40,000 |
Building |
2,00,000 |
||
|
General Reserve |
45,000 |
Plant and Machinery |
80,000 |
||
|
Capital A/cs: |
Stock | 35,000 | |||
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1,95,000 |
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|||
|
4,80,000 |
4,80,000 |
||||
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Assets | Amount (₹) |
||
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