Self Studies
Selfstudy
Selfstudy

Retirement or D...

TIME LEFT -
  • Question 1
    1 / -0

    A & B are equal partners.They admit C and D as partners with 1/5th and 1/6th share respectively. What is the profit sharing ratio of all the partners?

  • Question 2
    1 / -0

    A, B & C partners in a firm sharing profits and losses in the ratio of 4:3:2. B decided to retire from the firm B gives his share to A only. What is the gain ratio?

  • Question 3
    1 / -0

    N & Z are partners sharing profits and losses in the ratio 5:3. They admitted S and agreed to give him 3/10th of the profit. What is the new ratio after S's admission?

  • Question 4
    1 / -0

    A & B are partners sharing profits in the ratio 5:3, they admitted C giving him 3/10th share of profit. If C requires 1/5 from A and 1/10 from B, new sharing ratio will be:

  • Question 5
    1 / -0

    N, S & Z are partners. They withdraw a fixed sum of Rs. $$2,000$$ per month as follows:
    N draws at the beginning of each month, S withdraws at the middle of each month and Z withdraws at the end of each month. Rate of interest on drawings is $$8\%$$ p.a. Interest on drawings for the $$3$$ partners respectively will be.

  • Question 6
    1 / -0

    A and B are partners sharing profits in the ratio of $$7 : 3$$. A surrenders $$1/7$$th of his share and B surrenders $$1/3$$rd of his share in favour of C, a new partner. The new profit sharing ratio and sacrificing ratio will be _________. 

  • Question 7
    1 / -0

    A, B & C share profits and losses in the ratio of $$1:1:1$$. B retired from business and his share is purchased by A & C in $$40:60$$ ratio. New profit sharing ratio between A & C would be ________.

  • Question 8
    1 / -0

    A, B and C are partners in the ratio of $$3: 2: 1$$. W is admitted with a $$1/6$$th share in profits. C would retain his original share. The new profit sharing ratio will be ______. 

  • Question 9
    1 / -0

    A and B are partners sharing profits in the ratio of $$3: 2$$. They admit C who takes $$2/7$$th from A and $$1/7$$th from B. The new profit sharing ratio will be _______. 

  • Question 10
    1 / -0

    Accumulated profits/losses & reserves are shared by the old partners in their ________.

Submit Test
Self Studies
User
Question Analysis
  • Answered - 0

  • Unanswered - 10

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
Submit Test
Self Studies Get latest Exam Updates
& Study Material Alerts!
No, Thanks
Self Studies
Click on Allow to receive notifications
Allow Notification
Self Studies
Self Studies Self Studies
To enable notifications follow this 2 steps:
  • First Click on Secure Icon Self Studies
  • Second click on the toggle icon
Allow Notification
Get latest Exam Updates & FREE Study Material Alerts!
Self Studies ×
Open Now