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X and Y are partner's sharing profit and losses in the ratio of 2:1 . Their capital on 31st march,2014 was ₹ 105000 & ₹ 75000 respectively. Z was admitted as a new partner on April 1st,2014. for 1/5th share. He contributes ₹20000 as goodwill. He brings his capital in profit sharing ratio. what will be his share of capital?
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X and Y are partner's sharing profit and losses in the ratio of 2:1 . ...
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X and Y are partner's sharing profit and losses in the ratio of 2:1 . ...
Capital of X and Y =105000 +75000= 180000Remaining share =1-1/5= 4/5 180000×5/4. (reciprocal of remaining share)=225000. C's share :225000×1/5=45000?
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X and Y are partner's sharing profit and losses in the ratio of 2:1 . Their capital on 31st march,2014 was ₹ 105000 & ₹ 75000 respectively. Z was admitted as a new partner on April 1st,2014. for 1/5th share. He contributes ₹20000 as goodwill. He brings his capital in profit sharing ratio. what will be his share of capital?
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X and Y are partner's sharing profit and losses in the ratio of 2:1 . Their capital on 31st march,2014 was ₹ 105000 & ₹ 75000 respectively. Z was admitted as a new partner on April 1st,2014. for 1/5th share. He contributes ₹20000 as goodwill. He brings his capital in profit sharing ratio. what will be his share of capital? for CA Foundation 2024 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about X and Y are partner's sharing profit and losses in the ratio of 2:1 . Their capital on 31st march,2014 was ₹ 105000 & ₹ 75000 respectively. Z was admitted as a new partner on April 1st,2014. for 1/5th share. He contributes ₹20000 as goodwill. He brings his capital in profit sharing ratio. what will be his share of capital? covers all topics & solutions for CA Foundation 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for X and Y are partner's sharing profit and losses in the ratio of 2:1 . Their capital on 31st march,2014 was ₹ 105000 & ₹ 75000 respectively. Z was admitted as a new partner on April 1st,2014. for 1/5th share. He contributes ₹20000 as goodwill. He brings his capital in profit sharing ratio. what will be his share of capital?.
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