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TS GREWAL-MCQ-Multiple Choice Questions (MCQs)
- A,B and C are partners sharing profits in the ratio of 5 : 3 : 2 . The...
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- Sacrificing Ratio is
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- Gaining Ratio is
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- Any change in the relationship of existing partners which result in an...
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- AB & Co. has 50 partners . It wanted to admit a new partner , Can it d...
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- The ratio in which old partners agree to surrender their shares in pro...
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- If the adjustment in the values of assets and liabilities at the time ...
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- X and Y are partners sharing profits in the ratio of 3 : 2. Z is admit...
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- New partner can be admitted into partnership
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- On the admission of a new partner
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- When a new partner brings his share of goodwill in cash , the amount i...
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- When a new partner does not bring his share of goodwill in cash , the...
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- If , at the time of admission , balance appears in the profit and loss...
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- If at the time of admission there is an unrecorded liability , it is
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- In the absence of an agreement as to who contribute to new partner's s...
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- X and Y are partners in a firm . Their capital accounts show credit b...
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- In case of admission of a partner, the entry for unrecorded investment...
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- When Revaluation Account is opened and the balance sheet is prepared ...
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- Goodwill of a firm of A and B is valued at Rs. 30,000. Goodwill is app...
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- Which of the following statement is correct?
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