X and Y are partners in a firm sharing profit in the ratio of 3 : 2. Their Balance Sheet as at 3...

X, Y and Z are partners in a firm sharing profits in the ratio 4 : 3 : 2. Their Balance Sheet as at 31-3-2016 showed a debit balance of Profit & Loss A/c Rs. 1,80,000. From 1-4-2016 they will share profits equally. In the necessary journal entry to give effect to the above arrangement when X, Y and Z decided not to close the Profit & Loss Account :

X, Y and Z are partners in a firm sharing profits in the ratio 4:3:2. Their Balance Sheet as at 31-3-2019 showed a debit balance of Profit & Loss A/c Rs1,80,000. From 1-4-2019 they will share profits equally. In the necessary journal entry to give effect to the above arrangement when X, Y and Z decided not to close the Profit & Loss Account:

Pradeep and Dhanraj were partners in a firm sharing profits in the ratio of 3:1. Their Balance Sheet on 31st March, 2019 was: They admitted Leander as a new partner on this date. New profit-sharing ratio is agreed as 3:2:3. Leander brings in proportionate capital after the following adjustments: (a) Leander bringsRs 16,000 as his share of goodwill. (b) Provision for Doubtful Debts is to be reduced byRs 2,000. (c) There is an Old Printer valued atRs 2,400. It does not appear in the books of the firm. It is now to be recorded. (d) Patents are valueless. Prepare Revaluation Account, Capital Accounts and opening Balance Sheet of Pradeep, Dhanraj and Leander.

B and N are partners in a firm sharing profits in the ratio of 3 : 2. They admit S as a partner for 1/4th share in the profits. S acquires his share from B and N in the ratio of 2 : 1. The new profit-sharing ratio will be :

X and Y are partners in a firm sharing profits in the ratio of 5 : 3. They admitted Z as a new partner. The new profit sharing ratio will be 4 : 3 : 2. The firm's goodwill on Z's admission was valued at Rs.1,26,000. But Z could not bring any amount of goodwill in Cash. Credit will be given to :

M and J are partners in a firm sharing profits in the ratio of 3 : 2. They admit R as a new partner. The new profit-sharing ratio between M, J and R will be 5 : 3 : 2, R brought in RS.25,000 for his share of premium for goodwill. Pass necessary Journal entries for the treatment of goodwill.

A and B are partners in a firm sharing profits in the ratio of 3 : 2 . They decided to share profits in the ratio of 3 : 4 w.e.f., April 1, 2016. On that date there was journal entry assuming that partners decide to distribute the profits.

Ram and Shyam are partners in a firm sharing profits in the ratio of 3:2. They admit Ghanshyam as a new partner. Ram surrenders 1//4 of his share and Shyam 1//3 of his share in favour of Ghanshyam. Calculate new profit sharing ratio of Ram. Shyam and Ghanshyam.