Advertisements
Advertisements
प्रश्न
Aadish and Pratham are partners sharing profits and losses in the ratio of 2 : 1. They admitted Tanay as a partner and the new profit sharing ratio was 2 : 1 : 1. Tanay contributed ₹ 1,50,000 as capital.
It was decided to readjust the capitals on the basis of Tanay’s Capital. The capitals of Aadish and Pratham after all adjustments for goodwill and revaluation were ₹ 2,50,000 and ₹ 1,00,000 respectively.
However, at the time of admission, they realise that the profit for the previous year ₹ 90,000 was distributed equally instead of the profit-sharing ratio.
You are required to calculate the amount to be introduced or withdrawn by Aadish and Pratham so that the capitals are in proportion to the new profit-sharing ratio.
Advertisements
उत्तर
| Aadish (₹) | Pratham (₹) | |
|---|---|---|
| Profit distributed wrongly in 1 : 1 | Dr. 45,000 | Dr. 45,000 |
| Profit to be distributed in 2 : 1 | Cr. 60,000 | Cr. 30,000 |
| Net Effect | Cr. 15,000 | Dr. 15,000 |
Final adjusted capital of both the partners
(after rectification of error in profit distribution)
Aadish \[₹2,50,000 + ₹15,000 \text{ (past adjustment)} = ₹2,65,000\], and
Pratham $₹1,00,000 - ₹15,000 \text{ (past adjustment)} = ₹85,000$
Based on Tanay’s Capital, total capital in the firm should be:
$$1,50,000 \times \frac{4}{1} = ₹ 6,00,000$$
Capital according to new PSR of 2 : 1 : 1 should be:
Aadish $= \frac{2}{4} \text{ of } 6,00,000 = ₹3,00,000$
Pratham $= \frac{1}{4} \text{ of } 6,00,000 = ₹1,50,000$
Capital to be contributed by:
Aadish $= 3,00,000 - 2,65,000 = ₹35,000$
Pratham $= 1,50,000 - 85,000 = ₹65,000$
