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प्रश्न
Gain ratio _______ Ratio less Old Ratio.
पर्याय
New
Equal
Capital
Sacrifice
उत्तर
Gain ratio New Ratio less Old Ratio.
APPEARS IN
संबंधित प्रश्न
Select the most appropriate answer from the alternatives given below:
Gaining ratio is the ratio in which ______.
State whether the following statement is true or false with reason.
On retirement of a partner, a sacrifice ratio is considered.
New Ratio (less) _________ = Gain ratio
What is meant by Retirement of a Partner?
What is Benefit Ratio?
How is Gain Ratio calculated?
A, B and C are sharing profits and losses in the ratio of 1/2, 3/10, and 1/5 respectively. Find the new ratio of the remaining partners if A retires ______.
New Ratio (less) ______ = Gain ratio.
New Ratio (less) ____ = Gain ratio
New Ratio (less) ______ = Gain ratio.
Aman, Bankim and Chitra are partners of a firm sharing profit and loss in the 3 : 3 : 2 ratio. Their firm Balance Sheet as on 31st March, 2023 is as under :
| Balance Sheet as on 31st March, 2023 | |||||
| Liabilities | Amount (₹) | Amount (₹) | Assets | Amount (₹) | Amount (₹) |
| Bills Payable | 8,050 | Cash | 18,900 | ||
| General Reserve | 14,000 | Debtors | 43,750 | ||
| Creditors | 30,100 | Investments | 42,000 | ||
| Capital Accounts: | Machinery | 30,450 | |||
| Aman | 42,000 | 1,19,000 | Furniture | 22,050 | |
| Bankim | 45,500 | Equipment | 14,000 | ||
| Chitra | 31,500 | ||||
| 1,71,150 | 1,71,150 | ||||
On 1st April 2023, Chitra retired from the firm on the following terms:
(1) Outstanding amount of retiring partner Chitra, be transferred to her loan account.
(2) Write off ₹ 1,750 as bad debts.
(3) ₹ 350 is now not payable to creditors.
(4) Assets are revalued as under:
| Furniture | ₹ 21,000 |
| Machinery | ₹ 28,000 |
| Equipments | ₹ 14,700 |
Pass necessary Journal entries in the books of firm.
Amar, Asit and Mohit are partners in a firm sharing profits and losses in the proportion 3 : 1 : 1 respectively. Their Balance Sheet as on 31st March, 2023 is as shown below:
| Balance Sheet as on 31st March, 2023 | |||
| Liabilities | Amount (₹) | Assets | Amount (₹) |
| Creditors | 80,000 | Bank | 25,000 |
| General Reserve | 1,00,000 | Debtors | 1,20,000 |
| Bills Payable | 50,000 | Livestock | 1,00,000 |
| Capital Accounts: | Building | 1,50,00 | |
| Amar | 2,50,000 | Plant and Machinery | 70,000 |
| Asit | 2,00,000 | Motor Truck | 2,00,000 |
| Mo hit | 1,00,000 | Goodwill | 1,15,000 |
| 7,80,000 | 7,80,000 | ||
On 1st April, 2023 Mohit retired and the following adjustments have been agreed upon:
(I) Goodwill was revalued on ₹ 1,00,000.
(2) Assets and Liabilities were revalued as follows:"
Debtors ₹ 1,00,000, Livestock ₹ 90,000, Building ₹ 2,50,000, Plant and Machinery ₹ 60,000, Motor truck ₹ 1,90,000 and Creditors ₹ 60,000.
(3) Amar and Asit contributed additional capital through Net Banking of ₹ 1,00,000 and ₹ 50,000 respectively.
(4) Balance of Mohit's Capital Account is transferred to his Loan Account. Give Journal entries in the books of new firm
Find the odd one:
New Ratio (less) ______ = Gain ratio.
New Ratio (less) ______ = Gain ratio.
New Ratio (less) ______ = Gain ratio
New ratio (less) ______ = Gain ratio
New Ratio (less) _____ = Gain ratio
New Ratio (less) ______ = Gain ratio
New Ratio (less) ______ = Gain ratio
New Ratio (less) ______ = Gain ratio
New Ratio (less) _________ = Gain ratio
New Ratio (less) ______ = Gain ratio.
