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Ramesh and Suresh are partners sharing p...

Ramesh and Suresh are partners sharing profits in the ratio of 2 : 1 respectively. Ramesh Capital is Rs.1,02,000 and Suresh Capital is Rs.73,000. They admit Mahesh and agree to give him 1/5th share in future profit. Mahesh brings Rs.14,000 as his share of goodwill. He agrees to contribute capital in the new profit sharing ratio. How much capital will be brought by Mahesh?

A

Rs.43,750

B

Rs.45,000

C

Rs.47,250

D

Rs.48,000

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DK GOEL-ADMISSION OF A PARTNER -MCQ Treatment of Goodwill :
  1. When a new partner brings goodwill in Cash, it is credited to :

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  2. If the incoming partner brings the amount of goodwill in Cash and also...

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  3. If, at the time of admission, the revaluation A/c shows a profit, it s...

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  4. Revaluation Account or Profit and Loss Adjustment A/c is a

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  5. In case of admission of a partner, the entry for unrecorded investment...

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  6. When the balance sheet is prepared after the new partnership agreement...

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  7. Goodwill of a firm of A and B is valued at Rs. 30,000. Goodwill is app...

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  8. A and B are partners of a partnership firm sharing profits in the rati...

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  9. X and Y are partners sharing profits in the ratio 5 : 3. They admitted...

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  10. Ramesh and Suresh are partners sharing profits in the ratio of 2 : 1 r...

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  11. A and B are partners in a firm having a capital of ₹ 54,000 and ₹ 36,0...

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  12. A and B are in partnership sharing profits in the ratio of 3 : 2. They...

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  13. X and Y are partners sharing profits in the ratio of 4 : 3. Z is admit...

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  14. A and B are partners sharing profits in the ratio of 2 : 3. Their Bala...

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  15. A, B and C are partners sharing profits in ratio of 3 : 2 : 1. They ag...

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  16. X and Y are partners sharing profits in the ratio 2 : 3. They admitted...

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  17. A, B, C and D are partners. A and B share 2/3rd of profits equally and...

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  18. Sacrificing ratio is used to distribute ………. In case of admisstion of ...

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  19. X and Y are partners in a firm with capital of Rs.1,80,000 and Rs.2,00...

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  20. A and B are partners profits and losses in the ratio of 5 : 3. On admi...

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