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महाराष्ट्र राज्य शिक्षण मंडळएचएससी वाणिज्य (इंग्रजी माध्यम) इयत्ता १२ वी

New Ratio = Old Ratio + _____ Ratio - Book Keeping and Accountancy

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प्रश्न

New Ratio = Old Ratio + _____ Ratio

पर्याय

  • Gain

  • Capital

  • Sacrifice

  • Current

MCQ
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उत्तर

New Ratio = Old Ratio + Gain Ratio.

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पाठ 4: Reconstitution of Partnership (Retirement of Partner) - Exercise 4.1 (Objective Questions) [पृष्ठ १८२]

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बालभारती Book-Keeping and Accountancy [English] Standard 12 Maharashtra State Board
पाठ 4 Reconstitution of Partnership (Retirement of Partner)
Exercise 4.1 (Objective Questions) | Q (A) 5. | पृष्ठ १८२

व्हिडिओ ट्यूटोरियलVIEW ALL [1]

संबंधित प्रश्‍न

Select the most appropriate answer from the alternatives given below:

Gaining ratio is the ratio in which ______.


Gain ratio _______ Ratio less Old Ratio.


Apte, Bhate and Chitale are sharing `1/2, 3/10, "and" 1/5` if Apte retire their new ratio will be ______.


Write the Word/Term/Phrase which can substitute of the following statement:

The ratio in which the continuing partners are benefited due to the retirement of partner.


State whether the following statement is true or false with reason.

Gain ratio means New ratio minus Old ratio.


State whether the following statement is true or false with reason.

Retiring partner is called an outgoing partner.


State whether the following statement is true or false with reason.

On retirement of a partner, a sacrifice ratio is considered.


New Ratio (less) _________ = Gain ratio


A proportion in which the continuing partners get the share of retiring partner is known as ________ ratio.


What is meant by Retirement of a Partner?


What is Benefit Ratio?


What is New Ratio?


How is Gain Ratio calculated?


A, B and C are sharing profits and losses in the ratio of 1/2, 3/10, and 1/5 respectively. Find the new ratio of the remaining partners if A retires ______.


New Ratio (less) ______ = Gain ratio.


New Ratio (less) ____ = Gain ratio


New Ratio (less) ______ = Gain ratio


New Ratio (less) ______ = Gain ratio.


Aman, Bankim and Chitra are partners of a firm sharing profit and loss in the 3 : 3 : 2 ratio. Their firm Balance Sheet as on 31st March, 2023 is as under :

Balance Sheet as on 31st March, 2023
Liabilities Amount (₹) Amount (₹) Assets Amount (₹) Amount (₹)
Bills Payable   8,050 Cash   18,900
General Reserve   14,000 Debtors   43,750
Creditors   30,100 Investments   42,000
Capital Accounts:     Machinery   30,450
Aman 42,000 1,19,000 Furniture   22,050
Bankim 45,500 Equipment   14,000
Chitra 31,500      
    1,71,150     1,71,150

On 1st April 2023, Chitra retired from the firm on the following terms:

(1) Outstanding amount of retiring partner Chitra, be transferred to her loan account.

(2) Write off ₹ 1,750 as bad debts.

(3) ₹ 350 is now not payable to creditors.

(4) Assets are revalued as under:

Furniture ₹ 21,000
Machinery ₹ 28,000
Equipments ₹ 14,700

Pass necessary Journal entries in the books of firm.


On retirement of a partner, partnership deed is ______ changed.


Asha, Nimisha and Shital are partners sharing profits and losses in the ratio of 5 : 4 : 2. Shital retires. New ratio for Asha and Nimisha is 6 : 5. Calculate Gain ratio.


Given below is a Balance Sheet of A, B and C who were partners in a firm sharing profits and losses in the ratio 5 : 3 : 2.
Their Balance Sheet as on 31st March, 2023 was as follows :

Balance Sheet as on 31-03-2023
Liabilities Amount (₹) Assets Amount (₹)
Creditors 5,600 Cash 3,800
Bank Overdraft 4,850 Debtors 9,000
Reserve Fund 7,500 Stock 8,750
Capital A/c   Machinery 15,000
A 21,000 Land 35,000
B 18,500 Furniture 2,500
C 16,600    
  74,050   74,050

On 1st April, 2023 C retired on the following terms:

(1) Goodwill of the Firm will be raised in the books at ₹ 10,000.

(2) Stock be reduced by 10% and Furniture by 5% and Machinery by 11 %.

(3) R.B.D.D. be maintained at 5% on debtors.

(4) ₹ 100 to be written off from Creditors.

(5) Out of the amount due to C, ₹ 2,500 to be paid by cash and remaining amount to be transferred to his loan account.

Prepare Profit and Loss Adjustment Account, Partner's Capital A/c, Balance Sheet of new firm.


New Ratio (less) ______ = Gain ratio.


New Ratio (less) ______ = Gain ratio.


New Ratio (less) ______ = Gain ratio


New ratio (less) ______ = Gain ratio


New Ratio (less) _____ = Gain ratio


New Ratio (less) ______ = Gain ratio


New Ratio (less) ______ = Gain ratio


New Ratio (less) ______ = Gain ratio


New Ratio (less) _________ = Gain ratio


New Ratio (less) ______ = Gain ratio.


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