Advertisements
Advertisements
प्रश्न
A, B and C are partners sharing profits in the ratio of 2 : 2 : 1. D is admitted as a new partner for 1/6th share. C will retain his original share. Calculate the new profit-sharing ratio and sacrificing ratio.
उत्तर
Calculation of New Profit Sharing Ratio
A : B : C = 2 : 2 : 1 (Old Ratio)
D is admitted for `1/6`th share while C will continue to retain his original share `(1/5)`
Remaining Share = 1 - `1/6 - 1/5 = [ 30 - 5 - 6]/30 = 19/30`
This remaining share will be shared by A and B in the ratio of 2 : 2 (Old Ratio)*
A's New Share = `19/30 xx 2/4 = 38/120`
B's New Share = `19/30 xx 2/4 = 38/120`
C's New Share = `1/5 xx 24/24 = 24/120`
D's New Share = `1/6 xx 20/20 = 20/120`
A : B : C : D = 38 : 38 : 24 : 20 = 19 : 19 : 12 : 10
*Since nothing is mentioned about the sacrifice made by the existing partners, it is assumed that A and B sacrifice in their old ratio.
Calculation of Sacrificing Ratio :
Sacrificing Ratio = Old Ratio - New Ratio
A's Sacrificing Share = `2/5 - 19/60 = [24 - 19]/60 = 5/60`
B's Sacrificing Share = `2/5 - 19/60 = [24 - 19]/60 = 5/60`
A : B = 5 : 5 or 1 : 1.
APPEARS IN
संबंधित प्रश्न
What is sacrificing ratio? Why is it calculated?
On what occasions sacrificing ratio is used?
Sandeep and Navdeep are partners in a firm sharing profits in 5:3 ratio. They admit C into the firm and the new profit sharing ratio was agreed at 4:2:1. Calculate the sacrificing ratio?
Rao and Swami are partners in a firm sharing profits and losses in 3:2 ratio. They admit Ravi as a new partner for 1/8 share in the profits. The new profit sharing ratio between Rao and Swami is 4:3. Calculate new profit sharing ratio and sacrificing ratio?
A and B were partners in a firm sharing profits and losses in the ratio of 3 : 2. They admitted C as a new partner for 3/7th share in the profit and the new profit-sharing ratio will be 2 : 2 : 3. C brought ₹ 2,00,000 as his capital and ₹ 1,50,000 as premium for goodwill. Half of their share of premium was withdrawn by A and B from the firm. Calculate sacrificing ratio and pass necessary Journal entries for the above transactions in the books of the firm.
X and Y are partners sharing profits in the ratio of 3 : 1. Z is admitted as a partner for which he pays ₹ 30,000 for goodwill in cash. X, Y and Z decide to share the future profits in equal proportion. You are required to pass a single Journal entry to give effect to the above arrangement.
A and B are sharing profits and losses equally. With effect from 1st April, 2019, they agree to share profits in the ratio of 4 : 3. Calculate individual partner's gain or sacrifice due to the change in ratio.
X, Y and Z are sharing profits and losses in the ratio of 5 : 3 : 2. With effect from 1st April, 2019, they decide to share profits and losses in the ratio of 5 : 2 : 3. Calculate each partner's gain or sacrifice due to the change in ratio.
Rakesh and Suresh are sharing profits in the ratio of 4 : 3. Zaheer joins and the new ratio among Rakesh, Suresh and Zaheer is 7 : 4 : 3. Find out the sacrificing ratio.
A and B are partners sharing profits in the ratio of 3 : 2. C is admitted as a partner. The new profit-sharing ratio among A, B and C is 4 : 3 : 2. Find out the sacrificing ratio.
A, B and C are partners sharing profits in the ratio of 4 : 3 : 2. D is admitted for 1/3rd share in future profits. What is the sacrificing ratio?
P and Q are partners sharing profits in the ratio of 3 : 2. They admit R into partnership who acquires 1/5th of his share from P and 4/25th share from Q. Calculate New Profit-sharing Ratio and Sacrificing Ratio.
Share of goodwill brought in by new partner in cash is shared by old partners in:
Sacrifice Ratio = ____________
Change in profit-sharing ratio of existing partners results in:
