ADMISSION OF A PARTNER

Objective Type Questions

IMPORTANT JOURNAL ENTRIES (6 ENTRIES) 

TEXTUAL QUESTIONS. 

PROBLEM NO. 1 RAJKUMAR, RAJENDRA KUMAR

PROBLEM NO. 2 SURESH AND RAMESH

PROBLEM NO. 3 SNEHAL AND MEENAL

PROBLEM NO. 4 HARISH GIRISH SHIRISH

PROBLEM NO. 5 KESHAV MADHAV UDDHAV

PROBLEM NO. 6 RAJ DEV MANOJ

PROBLEM NO. 7 DHIRAJ NIRAJ SURAJ

PROBLEM NO. 8 VAIBHAV VILAS

PROBLEM NO. 9 MANOJ RAHUL AMIT

PROBLEM NO. 10 RAMAKANT SHYAMKANT

MARCH 2019 LATEST BOARD PAPER SOLUTION

Ganga, Yamuna are partners sharing profits and losses in 3:2 respectively. Their position on 31. 3. 2013 [July 2017 Board Problem Solution.].

Ram and Madan were Partners sharing profits and Losses equally. [March 2017 Board Problem Solution]

Following is the balance sheet of Harish and Girish: [July 2016 Board Problem Solution]

Rani and Geeta are partners sharing profits and losses 3:2 respectively. Their position on 31st March, 2013 was as follows. [March 2016 Board Problem Solution]

Akash and Suraj are partners in a firm sharing profits and losses in the ratio 3:2. Their balance sheet as on 31st March, 2013 was as follows. [March 2015 Board Problem Solution]

Anil and Sunil were partners sharing profits and losses in the ratio of 2:1 respectively. [October 2014 Board Problem Solution]

Mrs. Shehal and Mrs. Meenal are equal partners in a business. Their balance sheet is as follows. [March 2014 Board Problem Solution]

1. Manoj and Rahul are equal partners in a business. Their Balance Sheet as on 31st March, 2013 stood as under.

2. Vaibhav and Vikas were partners sharing profit and losses in the ratio of 2:3 respectively. Their Balance Sheet as on 31st March, 2012 was as follows:

3.   Mrs. Shehal and Mrs. Meenal are equal partners in a business. Their balance sheet is as follows.

4.   The Balance Sheet of Ramakant and Shyamkant who shared the profits in the ratio of 2:1 is as under:

5.  Snehal and Meenal are equal partners in a business. Their Balance Sheet is as follows:

6.  Suresh and Ramesh are partners in a business sharing profits and Losses in the ratio of 2:1 respectively. Their Balance Sheet as on 31st March, 2013 is as follows:

7.  Following is the balance sheet of Harish and Girish:

8.  Keshav and Madhav were partners sharing profits and losses in the ratio of 2:3.

9.  Raj and Dev are partners sharing profits and losses 3:2 respectively. Their position on 31 st March, 2011 is as follows:

10.   Following is the Balance Sheet of Dhiraj and Niraj who shared profits and losses equally:

11.  The Balance Sheet of Rajkumar and Rajendra kumar as on 31st March, 2012 is set out below, they share profits and losses in the ratio of 2:1.  

12. The following is the Balance Sheet of the firm Sangam Traders as on 31st March, 2012. Ganga and Yamuna are the partners of the firm who share profits and losses in the ratio of 3 : 2 respectively.

13. Veena and Leela of Udgir are equal partners in a business. Their Balance Sheet as on 31st March, 2012 stood as under.

14. Raja and Rani were partners sharing profits and losses in proportion of their capitals. Their Balance Sheet on 31st March, 2012 was as under: Balance Sheet as on 31st March, 2012.

15. The following is the Balance Sheet of Shubha and Leena of Aurangabad who share profits in the ration 3:2 respectively as on 31.03.2012. [Ans.]

16. Madhu and Amar are partners in a firm sharing profits and losses in the proportion of 3/5 and 2/5 respectively. Their Balance Sheet as on 31st March, 2012 was as follows: [Ans. ]

17. Manish and Nitin are partners in a firm sharing Profits and Losses in the ratio of 3:1. Their Balance Sheet as on 31st March, 2012 was as follows:   [Ans]

18.  the balance sheet of Shrihas and Madan as on 31st March, 2012 is set out below, they share profits and losses in the ratio of 2:1.

19. Nandkishor and Nandlal are in partnership sharing profits and losses in the proportion of ¾ and ¼ respectively. Their Balance Sheet as on 31st March, 2014 was as under.

20. Ranade and Kanade were partners and shared the profits in the ratio of 3/5 th and 2/5th. On 31st March, 2014 their Balance Sheet was as follows.

21. Amar and Akbar are the partners in a business sharing profits and losses in the ratio 3:2 respectively. Their Balance Sheet as on 31st March, 2012 stood as under.

22.  The following is the Balance Sheet of M/s Sukhadeo and Hanumant on 31st March, 2012. They share profits and losses in the proportion of 3/5 and 2/5 respectively.

23. Sharad and Pankaj sharing profits in proportion of 3/5 and 2/5 respectively admit Nilesh into partnership on 1st April 2012 giving him ¼ share in profits on his agreeing to bring Rs. 10000 as capital. The old Partners guarantee the assets and liabilities as per the Balance Sheet given below.

24.  The following is the Balance Sheet of Ram and Laxman who share profits in the ratio 3:2 respectively as on 31st March, 2012.

25. Mr. Baba and Mr. Kaka were in partnership sharing profits and losses in the proportion of 3:2 respectively. Their Balance Sheet as on 31st March, 2012 stood as follows:

26. Amol and Abhijeet share Profits and Losses in the ratio of 3:2 in partnership firm. Their Balance Sheet as on 31st March, 2012 was as under.

27. Rajan & Padam are equal partners in a business. Their Balance Sheet as on 31st March, 2012 stood as under.

28. Ram, Shyam and Bharat were partners sharing profits and losses in the ration of 2:3:3 respectively. Their Balance Sheet on 31st March, 2012 was as follows.

29.  Admission of Partner Sum No. 7 Amar Akbar and Anthony