Change in Profi...

X, Y and Z are partners sharing profits in the ratio of 4:3:2. The partners have decided to share future profits in the ratio of 3:1:1. Find out the gainer partner.

What will you do, when Investment (cost) is given ₹200000 and Investment fluctuation reserves is given ₹18000.

Who is a sacrificing partner:

General Reserve cannot be ______

What should be the amount of compensation if the partners of the firm decide to change their profit share ratio:

P and Q are sharing profit and losses equally .With effects from current year they decided to share profits in the ratio of 4:3.Calculate individual partner’s gain and Sacrifice

Which of the following is written off by the old partners?

What is gaining ratio:

X, Y and Z are sharing profits and losses in the ratio of 5:3:2. Who will be debited and who will be credited, when they have decided to share profits equally in future?

A,B and C who are presently sharing profit and losses in the ratio of 5:3:2, decide to share future profits and losses in the ratio of 2:3:5 with effect from 1st April 2012.Balance sheet shows land and building of 100000.What should be accounting g treatment if it decide it valued at ` 125000.By what amount revolution account should be credited in