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Retirement or D...

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  • Question 1
    1 / -0

    Which of the following is effect of the retirement of a partner?

  • Question 2
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    Outgoing partner is not entitled to take _______

  • Question 3
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    Retirement or death of a partner will create a situation for the continuing partners, which is known as:

  • Question 4
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    When the New ratio is deducted with Old Ratio we get:

  • Question 5
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    How can a partner get retirement from the partnership firm?

  • Question 6
    1 / -0

    How sacrificing ratio is differ from gaining ratio on the basis of mode of calculation

  • Question 7
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    Why there is need to calculate New profit share ratio

  • Question 8
    1 / -0

    X, Y and Z are partners sharing profits in the ratio of 1/2, 2/5 and 1/10. What will be the new ratio of X and Y after the retirement of Z.

  • Question 9
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    Gaining Ratio is Applicable for:

  • Question 10
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    Which of the following is calculated at the time of Retirement of a Partner?

  • Question 11
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    A , B and C are partners in a firm sharing profits in the ratio of 5 : 3 : 2. C died on 31st March 2010. What will be the new ratio of A and B:

  • Question 12
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    Goodwill Given in the old Balance Sheet will be:

  • Question 13
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    Except outgoing partner, which other partner can be credited at the time of settlement of goodwill amount?

  • Question 14
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    New Ratio – Old Ratio = ?

  • Question 15
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    Why is outgoing partner entitled to a share of goodwill of the firm

  • Question 16
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    Goodwill given in the balance sheet is debited to the partners at the time of retirement in:

  • Question 17
    1 / -0

    New Profit sharing Ratio after retirement of a partner, can be calculated as:

  • Question 18
    1 / -0

    Gaining ratio is the ratio in which continuing partners have ______ the share from the outgoing partner

  • Question 19
    1 / -0

    X, Y and Z are partners sharing Profits and Losses in the ratio of 8 : 7 : 5. Z retires and his share is taken equally by X and Y. Find the new profit sharing ratio.

  • Question 20
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    L, M and N are partners sharing ratio 3:2:1. M died and N the son of M is of the opinion that the rightful owner of his father’s share of profit and the profit of the firm be shared between L and N equally. L does not agree to settle the dispute because there is partnership deed which is showing old profit sharing ratio 3:2:1.

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