12th accounts chapter 3 practical problems solutions | Practical Problems NO. 2

  Chapter .3

Admission of Partner

Books Page No. 162

Practical Problems NO. 2

2.Amalendu’s and Sameer share profits and losses in the ratio 3:2 respectively Their balance sheet as on 31st March 2017 was as under.

 On 1st April 2017 they admit Paresh into partnership. The term being that:

1. He shall pay ₹ 16,000 as his share of Goodwill 50% amount of Goodwill shall be withdrawn by the old partners.

2. He shall have to bring in ₹ 20,000 as his Capital for 1/4 share in future profits.

3. For the purpose of Paresh’s admission it was agreed that the assets would be revalued as follows.

A) Land and Building is to be valued at ₹ 60,000

B) Plant and Machinery to be valued at ₹16,000

C) Stock valued at ₹ 20,000 and Furniture and Fixtures at ₹ 4,000

D) A Provision of 5% on Debtors would be made for Doubtful Debts.

Pass The necessary Journal Entries in the Books of a New Firm.

ANS:

Telegram Group

Mumbai Univeersity :- https://t.me/mumbaiuniversityidol

Suraj Patel Education :- https://t.me/surajpateleducation

S.S.C EXAM:-    https://t.me/joinchat/wIOptdUxh8A3YWU1

F.Y.J.C EXAM :- https://t.me/FYJCexam

S.Y.J.C EXAM :- https://t.me/SYJCexam

F.Y EXAM :- https://t.me/fyexam

S.Y EXAM :- https://t.me/syexam

T.Y EXAM :- https://t.me/tyexam

M.Com Part 1 EXAM :- https://t.me/McomPart1Exam

M.Com Part 2 EXAM :- https://t.me/McomPart2Exam

M.A EXAM :- https://t.me/mastudentsexam 

YouTube Channel 

https://www.youtube.com/channel/UCv8JIY58xfWHUIXVu9wxNHw

• admission of partner 12th commerce practical problems solutions
• admission of partner solved problems pdf
• 12th accounts chapter 1 practical problems solutions
• 12th account practical problems solutions
• admission of partner 12th commerce questions and answers
• admission of partner 12th commerce solutions (2022)
• 12th commerce book keeping & accountancy solutions
• admission of partner 12th commerce solutions dk goel
• 12th bk chapter 1 practical problems
• admission of a partner problems and solutions pdf
• admission of partner 12th commerce solutions
• admission of partner practical problems solutions
• admission of partner 12th commerce pdf
• accountancy class 12 admission of a partner important questions with solution
• admission of partner 12th commerce notes
• admission of partner 12th commerce solutions dk goel
• admission of partner questions
  

More 12 STD Chapter .3 Admission of Partner

Practical Problems link

 

Practical Problems. 1

https://www.surajpateleducation.com/2022/11/admission-of-partner-12th-commerce.html

 

Practical Problems. 2

https://www.surajpateleducation.com/2022/11/12th-accounts-chapter-3-practical.html

 

Practical Problems. 3

https://www.surajpateleducation.com/2022/11/admission-of-partner-12th-commerce_2.html

 

Practical Problems. 4

https://www.surajpateleducation.com/2022/11/12th-commerce-book-keeping-accountancy.html

 

Practical Problems. 5

https://www.surajpateleducation.com/2022/11/accountancy-class-12-admission-of.html

 

Practical Problems. 6

https://www.surajpateleducation.com/2022/11/accountancy-class-12-admission-of_10.html

 

Practical Problems. 7

https://www.surajpateleducation.com/2022/11/important-questions-of-admission-of.html

 

Practical Problems. 8

https://www.surajpateleducation.com/2022/11/solutions-class-12-admission-of-partner.html

 

Practical Problems. 9

https://www.surajpateleducation.com/2022/11/admission-of-partner-12th-commerce-book.html

 

Practical Problems. 10

https://www.surajpateleducation.com/2022/11/12th-commerce-bk-admission-of-partner.html

 

 

12 STD Partnership Final Accounts

Illustrations Problems Link

 

Illustrations No.1

https://www.surajpateleducation.com/2022/08/introduction-to-partnership-and.html

 

Illustrations No.2

https://www.surajpateleducation.com/2022/08/introduction-to-partnership-and_16.html

 

Illustrations No.3

https://www.surajpateleducation.com/2022/08/introduction-to-partnership-and_45.html

 

Illustrations No.4

https://www.surajpateleducation.com/2022/08/introduction-to-partnership-and_23.html

 

Illustrations No.5

https://www.surajpateleducation.com/2022/08/introduction-to-partnership-and_37.html