Divay, Yasmin and Fatima are partners in a firm, sharing profits and losses in 11 : 7 : 2 respec...

Kabir and Farid are partners in a firm sharing profits and losses in the ratio of 7 : 3. Kabir surrenders 2/10th from his share and Farid surrenders 1/10th from his share in fovour of Jyoti, the new partner. Calculate new profit-sharing ratio and sacring ratio and sacrificing ratio.

X, Y and Z are partners in a firm sharing profits and losses in the ratio of 5:3:2. The partners decide to share future profits and losses in the ratio of 3:2:1. Each partner's gain or sacrifice due to change in the ratio will be :

Jaya, Kirti, Ekta and Shewata are partners in a firm sharing profits and losses in the ratio of 2 : 1 : 2: 1 . On Jaya's retirement, the goodwill of the firm is valued at Rs. 36,000. Kirti, Ekta and Shweta decided to share future profits equally. Record the necessary journal entry for the treatment of goodwill without opening 'Goodwill Account'.

(Old Partners Sacrifice Fraction of their Shares in Favour of New Partner). A and B are partners in a firm sharing profits and losses in the ration of 3:2 A surrenders (1)/(5)th of his share, whereas B surrenders (2)/(5)th of his share in favour of C, the new partner. Calculate new profit-sharing ratio.

A, B and C were partners in a firm sharing profits and losses in the ratio of 3:2:1. The partners decide to share future profits and losses in ratio of 2:2:1. Each partner's gain or sacrifice due to change in ratio will be :

A, B and C were partners in a firm sharing profits and losses in the ratio of 4,3:2 the partners dec ide to share future profits and losses in the ratio of 2:2:1. Each partner's gain or sacrifice due to change in the ratio will be :

(When Premium for Goodwill is paid privately). X and Y are partners in a firm sharing profits and losses in the ratio 3:2. They admit Z as partner for 1/4th share. Z paid RS 80,000 directly to X and Y as his share of goodwill. Pass the necessary Journal entry in the books of firm.

(Dissolution of firm ). Ashish and Neha were partners in a firm sharing profits and losses in the ratio of 4 : 3 . They decided to dissolve the firm on 1st May , 2014 . From the information given below , complete Realisation Account , Partner's Capital Accounts and Bank Account :

A, B and C were partners in a firm sharing profits and losses in the ratio of 3 : 2 : 1. The partners decide to share future profits and losses in the ratio of 2 : 2 : 1. Indicate each partner's gain or sacrifice due to change in ratio.