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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.
रोजकीर्द नोंद
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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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