Day - 81 | Solution of Questions Admission of a Partner | Chapter No. 5 | Accounts class 12 | PSEB |

Day - 81 | Solution of Questions Admission of a Partner | Chapter No. 5 | Accounts class 12 | PSEB |

Teacher:- Mr. Sarbjit Singh Video Editor:- Mr. Kuljeet Singh & Ms. Alisha The Solution of practical problems of Admission of a Partner Chapter 5 Accounts Class 12 usha publication 0:00 Question No. 12: A and B are partners in a firm sharing profits and losses in the ratio of 3 : 2. C joins the firm for a quarter share in the future profits. Ascertain the future profit sharing ratio of partners in each of the following cases : 6:23 Question No.13 : Bat and Ball are partners in a 2:3 ratio. They admitted Wicket and Gloves as new partners. Bat sacrificed 1/4th of his share in favor of Wicket and Ball sacrificed ¼ from his share in favor of Gloves. 9:18 Question No.14 : L and M are partners sharing profits in the ratio of 4:3. N is admitted as a partner. The new profit sharing ratio among L, M, and N is 5:3:3. Find out the sacrifice ratio. 10:55 Question No.15 : X and Y are partners in a firm sharing profits and losses in the ratio of 3:2. They admitted Z into Partnership with 1/8th share in profits. It is decided that X and Y will share profits and losses in future in the ratio of 4:3. Calculate the new profit sharing ratio. 12:49 Question No.16 : (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 the Gaining and sacrifice ratio of old partners. 18:09 Question No.17 : X, Y, and Z are partners in the 5:3:2 ratio. They admitted A for 1/5 share. Y will retain his old share. Find out a new ratio. 21:35 Question No.18 : 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 2/12 to Z and Y gets 1/24 from Z . 25:32 Question No.19 : 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 1/3rd of his share in favour of Jain. Gupta surrendered 1/4th of his share in favour of Jain and Lal surrendered 1/5th of his share in favour of Jain. Calculate the new profit sharing ratio. 30:05 Question No.20: X and Y are partners in a 2:1 ratio. Z is admitted for ¼ share. He brings ₹ 50,000 as capital and Rs. ₹ 15,000 as the goodwill of his share. The goodwill is retained in the business pass journal entries. 32:13 Question No.21: Bhushan, Gobind, and Rajan are partners in the 5:3:2 ratio. Sahil is admitted for 1/10 share which he acquires equally from Bhushan and Rajan. Sahil brings Rs. 50,000 including his share of goodwill Rs. 10,000. 36:08 Question No.22: A, B, and C are partners in ratio 3 : 2 : 1. D is admitted for 1/6th share which sacrificed by A. D introduced cash ₹ 90,000 including ₹ 8,000 for goodwill. Pass journal entries and find out the new ratio. 38:57 Question No.23: A and B are partners in 3:2 ratio. They admitted C for 1/3 share. He brings ₹ 70,000 of which ₹ 40,000 in his capital and remaining amount in his goodwill. The old partners withdrew 50% of the share of goodwill. Google Play Store App Link: https://clppaige.page.link/EhJq App Store App link:- https://apps.apple.com/us/app/classpl... Download Classplus App and use our ORG Code:- vagce !--------Book Solution TS Grewal---------! T S Grewal Part - l (a) https://tutorstips.com/t-s-grewals-bo... T S Grewal Part - l (b) https://tutorstips.com/t-s-grewals-bo... T S Grewal Part - ll https://tutorstips.com/t-s-grewals-bo... !--------Book Solution PSEB---------! Usha Publication Part- l:- https://tutorstips.com/usha-publicati... Usha Publication Part- ll:- https://tutorstips.com/usha-publicati... Unimax Publication https://tutorstips.com/accountancy-un... !--------Our Website link---------! https://tutorstips.com/ https://tutorstips.in/ !--------Check Business Studies Playlist--------!    • Business Studies Class 12 CBSE PSEB ISC   !--------Check Financial Accounting Playlist--------!    • Financial Accounting Class 12 CBSE PSEB ICS   Facebook:-   / tutorstips   Instagram:-   / tutorstips   Twitter:-   / tutors_tips   LinkedIn:-   / tutorstips   WhatsApp:- +91 1882 359 783 Email - [email protected] Our partner https://www.freepik.com/ https://www.flaticon.com/ Thanks for all your love n support. class 12 accounts chapter 5,tutorstips,partnership chapter 5,accounts book solution class 12,unimax class 12 accounts book solutions,class 12 accounts class 12 solution,accounts class 12,Solution of Questions Admission of a Partner,Day - 81 | Solution of Questions Admission of a Partner | Chapter No. 5 | Accounts class 12 | PSEB |,admission of a partner,Admission of a Partner | Chapter No. 5,admission of partner class 12,practicle proble admission of partner #class12 #accounting #admissionofpartner