Retirement or D...

$$Z$$ is admitted to a firm for $$1/4^{th}$$ share in the profit, for which he brings in Rs.$$10,000$$ towards premium for goodwill. It will be taken by the old partners in ____________ .

If the incoming partner is to bring in premium for goodwill in cash and also balance exist, in the goodwill Account, then this Goodwill Account is written off among the old partners in _________ .

'Samta Limited invited applications for issuing $$6,750$$ equity shares of $$Rs 10$$ each. The amount was payable as follows :  On application - $$Rs 3$$ per share 
On allotment - $$Rs 5$$ per share
On first and final call - $$Rs 2$$ per share 
The issue was fully subscribed. Subhash applied for $$250$$ shares and paid his entire share money with application. Moti applied for $$175$$ shares and paid allotment money also with application. The amount received with applications was :

X,Y and Z are partner sharing profits in the ratio of $$5:3:2$$. If $$Y$$ retires then the new ratio will be______.

_________ is calculated when a partner retires from the firm.

Which method is useful when the actual profit is less than normal profit?

The formula of super profit is ____________.

a) A retiring partner will be held liable for the debts incurred by the firm after his retirement.
b) He must give public notice to that effect

The formula of average profit method is __________.

'Dogs' is applicable in case of professional services like ______________.