solutions class 12 admission of a partner | Practical Problems NO. 8

Chapter .3

Admission of Partner

Books Page No. 165

Practical Problems NO. 8

8. The Balance Sheet of Sahil and Nikhil who share profits in the ratio of 3:2 as on 31st March, 2017

 Varad admitted on 1St April 2017 on the following terms :

1. Varad was to pay 1,00,000 for his share of capital.

2. He was also to pay 40,000 as his share of goodwill.

3. The new profit sharing ratio was 3:2:3

4. Old partners decided to revalue the assets as follows:

Building 1,00,000, Furniture- 48,000, Debtors - 38,000 (in view of likely bad debts)

5. It was found that there was a liability for 3,000 for goods in March 2017 but recorded on 2nd April 2017 .

You are required to prepare :

a) Profit and Loss adjustment accounts

b) Capital accounts of the partners

c) Balance sheet after the admission of Varad.

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