X and Y are partners sharing profits in the ratio of 4 : 3. Z is admitted for 1/5th share and he brings in Rs.1,40,000 as his share of goodwill in cash of which Rs.1,20,000 is credited to X and remaining amount to Y. New profit sharing ratio will be :

X and Y are partners sharing profits in the ratio of 3 : 2 . Z is admitted for 1//4th share in profit which he acquires equally from X and Y . The new ratio be

A and B are partners sharing profits in the ratio of 3:1. They admit C for 1/4 share in the future profits. The new profit sharing ratio will be:

A and B are in partnership sharing profits in the ratio of 3 : 2. They take C as a new partner. Goodwill of the firm is valued at Rs.3,00,000 and C brings Rs.30,000 as his share of goodwill in cash which is entirely credited to the Capital Account of A. New profit sharing ratio will be :

A and B are partners sharing profits and losses in the ratio of 2 : 5. They admit C on the condition that he will bring RS.14,000 as his share of goodwill to be disributed between A and B C's share in the future profit or losses will be 1/4th. What will be the new profit-sharing ratio and what amount of goodwill brought in by C will be received by A and B?

X, Y and Z are partners sharing profits in the ratio of 2 : 2 : 1. W is admitted as a new partner for (1)/(6)th share. Z will retain his share. Calculate new profit-sharing ratio.

X and Y are partners sharing profits in the ratio of 3 : 1. Z is admitted as a partner for which he pays RS.30,000 for goodwill in cash. X, Y and Z decide to share the future profits in equal porportion. You are required to pass a single Journal entry to give effect to the above arrangement.

X and Y are partners sharing profits in the ratio 2 : 3. They admitted Z for 1/5th share of profits, for which he paid Rs.1,20,000 against capital and Rs.60,000 as goodwill. Find the capital balances for each partner taking Z's capital as base capital.

X and Y are partners sharing profits in 5:3 ratio admitted Z for 1/10 share which he acquired equally for X and Y. Calculate new profit sharing ratio?

X and Y are partners sharing profits in the ratio of 3 : 2. They admitted P and Q as new partners. X surrendered 1/3rd of his share in favour of P and Y surrenderd 1/4th of his share in favour of Q. Calculate new profit-sharing ratio of X,Y,P and Q.