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Rajinder and Surinder are partners in a ...

Rajinder and Surinder are partners in a firm sharing profits in the ratio of 4:1. On April 15, 2017 they admit Narender as a new partner. On that date there was a balance of Rs. 20,000 in general reserve and a debit balance of Rs. 10,000 in the profit and loss account of the firm. Pass necessary journal entries regarding adjustment of a accumulate a profit or loss.

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NCERT-RECONSTITUTION OF A PARTNERSHIP FIRMADMISSION OF A PARTNER -Numerical Questions
  1. Rajinder and Surinder are partners in a firm sharing profits in the ra...

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  2. A and B were partners in a firm sharing profits and losses in the rati...

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  3. A,B,C were partners in a firm sharing profits in 3:2:1 ratio. They adm...

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  4. X and Y are partners sharing profits in 5:3 ratio admitted Z for 1/10 ...

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  5. A,B and C are partners sharing profits in 2:2:1 ratio admitted D for 1...

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  6. P and Q are partners sharing profits in 2:1 ratio. They admitted R int...

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  7. A,B and C are partners sharing profits in 3:2:2 ratio. They admitted D...

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  8. A and B were partners in a firm sharing profits in 3:2 ratio. They adm...

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  9. A,B and C were partners in a firm sharing profits in 3:3:2 ratio. They...

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  10. Radha and Rukmani are partners in a firm sharing profits in 3:2 ratio....

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  11. Singh, Gupta and Khan are partners in a firm sharing profits in 3:2:3 ...

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  12. Sandeep and Navdeep are partners in a firm sharing profits in 5:3 rati...

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  13. Rao and Swami are partners in a firm sharing profits and losses in 3:2...

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  14. Compute the value of goodwill on the basis of four years purchase of t...

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  15. Capital employed in a business is Rs. 2,00,000. The normal rate of ret...

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  16. The books of Ram and Bharti showed that the capital employed on 31.12....

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  17. Rajan and Rajani are partners in a firm. Their capitals were Rajan Rs....

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  18. A business has earned average profits of Rs. 1,00,000 during the last ...

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  19. Verma and Sharma are partners in a firm sharing profits and losses in ...

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  20. A and B are partners in a firm sharing profits and lossess in the rati...

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  21. Arti and Bharti are partners in a firm sharing profits in 3:2 ratio. T...

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