हिंदी

Amit, Archit and Akshat are partners in a firm in the ratio of 3 : 2 : 1. On 1st April, 2026 they decided to share the profits in future in the ratio of 7 : 5 : 4. On this date General Reserve

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प्रश्न

Amit, Archit and Akshat are partners in a firm in the ratio of 3 : 2 : 1. On 1st April, 2026 they decided to share the profits in future in the ratio of 7 : 5 : 4. On this date General Reserve is ₹ 38,000 and profit on revaluation of assets and liabilities being ₹ 34,000. It was decided that adjustment should be made without altering the figures in the Balance Sheet. Make adjustment by one single journal entry.

रोजनामा प्रविष्टि
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उत्तर

Journal Entry
Date Particulars L.F. Dr. ₹ Cr. ₹
  Akshat’s Capital A/c   ...Dr.   6,000  
     To Amit’s Capital A/c     4,500
     To Archit’s Capital A/c     1,500
(Being adjustment made for General Reserve and profit on revaluation due to change in profit-sharing ratio, without altering the Balance Sheet figures.)      

Old profit-sharing ratio:

Amit : Archit : Akshat = 3 : 2 : 1

New profit-sharing ratio:

Amit : Archit : Akshat = 7 : 5 : 4

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अध्याय 2: Change in Profit Sharing Ratio among the Existing Partners - PRACTICAL QUESTIONS [पृष्ठ २.८७]

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डी. के. गोएल Accountancy Part A Volume 1 and 2 [English] Class 12
अध्याय 2 Change in Profit Sharing Ratio among the Existing Partners
PRACTICAL QUESTIONS | Q 48. | पृष्ठ २.८७
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