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प्रश्न
Apte, Bhate and Chitale are sharing `1/2, 3/10, "and" 1/5` if Apte retire their new ratio will be ______.
पर्याय
5: 2
3: 2
5: 3
2: 5
उत्तर
Apte, Bhate, and Chitale are sharing 1/2, 3/10, and 1/5 if Apte retires their new ratio will be 3: 2.
APPEARS IN
संबंधित प्रश्न
Select the most appropriate answer from the alternatives given below:
Gaining ratio is the ratio in which ______.
Write the word/phrase/term/ which can substitute of the following statement:
The ratio which is obtained by deducting the Old Ratio from New Ratio.
New Ratio (less) _________ = Gain ratio
A proportion in which the continuing partners get the share of retiring partner is known as ________ ratio.
What is Benefit Ratio?
What is New 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.
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.
On retirement of a partner, partnership deed is ______ changed.
Asha, Nimisha and Shital are partners sharing profits and losses in the ratio of 5 : 4 : 2. Shital retires. New ratio for Asha and Nimisha is 6 : 5. Calculate Gain ratio.
Given below is a Balance Sheet of A, B and C who were partners in a firm sharing profits and losses in the ratio 5 : 3 : 2.
Their Balance Sheet as on 31st March, 2023 was as follows :
| Balance Sheet as on 31-03-2023 | |||
| Liabilities | Amount (₹) | Assets | Amount (₹) |
| Creditors | 5,600 | Cash | 3,800 |
| Bank Overdraft | 4,850 | Debtors | 9,000 |
| Reserve Fund | 7,500 | Stock | 8,750 |
| Capital A/c | Machinery | 15,000 | |
| A | 21,000 | Land | 35,000 |
| B | 18,500 | Furniture | 2,500 |
| C | 16,600 | ||
| 74,050 | 74,050 | ||
On 1st April, 2023 C retired on the following terms:
(1) Goodwill of the Firm will be raised in the books at ₹ 10,000.
(2) Stock be reduced by 10% and Furniture by 5% and Machinery by 11 %.
(3) R.B.D.D. be maintained at 5% on debtors.
(4) ₹ 100 to be written off from Creditors.
(5) Out of the amount due to C, ₹ 2,500 to be paid by cash and remaining amount to be transferred to his loan account.
Prepare Profit and Loss Adjustment Account, Partner's Capital A/c, Balance Sheet of new 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
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.
