A and B were partners sharing profits and losses as to 7/11 to A and 4/11 to B . They dissolved the partnership on 30th May , 2018 . As on the date their capitals were, A ₹ 7,000 and B ₹ 4,000 . There were also due on Loan A/c to A ₹ 4,500 and to B ₹ 750 . The other liabilities amounted to ₹ 5,000 . The assets proved to have been undervalued in the last Balance Sheet and actually realised ₹ 24,000 .
Prepare necessary accounts showing the final settlement between partners.

X and Y were partners sharing profits and losses in the ratio of 3 : 2 . They decided to dissolve the firm on 31st March , 2019 . On that date , their Capitals were X - ₹ 40,000 and Y - ₹ 30,000 . Creditors amounted to ₹ 24,000 . Assets were realised for ₹ 88,500 . Creditors of ₹ 16,000 were taken over by X at ₹ 14,000 . Remaining Creditors were paid at ₹ 7,500 . The cost of realisation came to ₹ 500 . Prepare necessary accounts .

A , B and C were partners sharing profits in the ratio of 5 : 3 : 2 . On 31st March , 2019 , A's Capital and B's Capital were ₹ 30,000 and ₹ 20,000 respectively but C owed ₹ 5,000 to the firm . The liabilities were ₹ 20,000 . The assets of the firm realised ₹ 50,000 . Prepare Realisation Account , Partner's Capital Accounts and Bank Account.

(Balance Sheet as at the Date of Dissolution not Given ) A and B , who were partners sharing profits and losses in the proportion of 4/7 and 3/7 respectively , decided to dissolve the partnership firm as at 31st March 2019 . At the date of the dissolution A's Capital was ₹ 1,25,030 and B's Capital was ₹ 2,070 . Creditors amounted to ₹ 23,150 and Cash ₹ 4,520 . Remaining assets realised ₹ 1, 24 , 910 and the expenses of dissolution were ₹ 1,860 . Both A and B were solvent . Prepare Balance Sheet of the firm as at the date of dissolution and also necessary accounts to close the books of the firm , showing final adjustment of cash between the partners.

A , B and C were partners sharing profit or loss in the ratio of 7:3:2 From jan 1, 2019 they decided to share or loss in the ratio of 8:4:3. Due to change in the profit-loss sharing ratio, B's gain or scirifice will be :

A , B and C were in partnership sharing profits and losses in the ratio of 2 : 2 : 1 . They decided to dissolve the partnership . On that date of dissolution . Sundry Assets (including cash ₹ 5,000) amounted to ₹ 88,000 , assets realised ₹ 80,000 (including an unrecorded asset which realised ₹ 4,000) . A contingent liability on account of bills discounted ₹ 8,000 was paid by the firm. The Capital Accounts of A , B and C showed a balance of ₹ 20,000 each. Prepare Realisation Account , Partner's Capital Accounts and Cash Account .

A, B and C were partners sharing profits and losses in the ratio of 7:3:2. From 1st January, 2019 they decided to share profits and losses in the ratio of 8:4:3. Goodwill is Rs1,20,000. In Adjustment entry for goodwill:

A and B are partners sharing profits and losses in the ratio of 3 : 2. C is admitted into partnership for (1)/(5) th share in profit. He pays Rs.1,00,000 as goodwill. The ratio of the partners A, B and C in the new firm would be 3 : 1 : 1. Goodwill will be credited to:

A, B and C were in partnership sharing profits in the ratio of 4 : 3 : 1. The partners agreed to share future profits in the ratio of 5 : 4 : 3. Calculate each partner's gain or sacrifice due to change in ratio.

Pradeep and Rajesh were partners in a firm sharing profits and losses in the ratio of 3 : 2 . They decided to dissolve their partnership firm on 31st March 2018 . Pradeep was deputed to realise the assets and to pay off the liabilities . He was paid ₹ 1,000 as commission for his services . The financial position of the firm on 31st March , 2018 was as follows : Following terms and conditions were agreed upon : (a) Pradeep agreed to pay off his wife loan . (b) Half of the debtors realised ₹ 12, 000 and remaining debtors were used to pay off 25% of the creditors. (c) Investment sold to Rajesh for ₹ 27,000 . (d) Building realised ₹ 1, 52, 000 . (e) Remaining creditors were to be paid after two months , they were paid immediately at 10% p.a discount . (f) Bills receivables were settled at a loss of ₹ 1,400 . (g) Realisation expenses amounted to ₹ 2,500. Prepare Realisation Account .