Question Description
X and Y are partners sharing profits in the ratio of 3 : 1. They admit Z as a partner who pays Rs. 4,000 as Goodwill the new profit sharing ratio being 2 : 1 : 1 among X, Y and Z respectively. The amount of goodwill will be credited to :a)X and Y as Rs. 3,000 and Rs. 1,000 respectively.b)X onlyc)Y only.d)None of the above.Correct answer is option 'B'. Can you explain this answer? 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 partners sharing profits in the ratio of 3 : 1. They admit Z as a partner who pays Rs. 4,000 as Goodwill the new profit sharing ratio being 2 : 1 : 1 among X, Y and Z respectively. The amount of goodwill will be credited to :a)X and Y as Rs. 3,000 and Rs. 1,000 respectively.b)X onlyc)Y only.d)None of the above.Correct answer is option 'B'. Can you explain this answer? covers all topics & solutions for CA Foundation 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for X and Y are partners sharing profits in the ratio of 3 : 1. They admit Z as a partner who pays Rs. 4,000 as Goodwill the new profit sharing ratio being 2 : 1 : 1 among X, Y and Z respectively. The amount of goodwill will be credited to :a)X and Y as Rs. 3,000 and Rs. 1,000 respectively.b)X onlyc)Y only.d)None of the above.Correct answer is option 'B'. Can you explain this answer?.

Solutions for X and Y are partners sharing profits in the ratio of 3 : 1. They admit Z as a partner who pays Rs. 4,000 as Goodwill the new profit sharing ratio being 2 : 1 : 1 among X, Y and Z respectively. The amount of goodwill will be credited to :a)X and Y as Rs. 3,000 and Rs. 1,000 respectively.b)X onlyc)Y only.d)None of the above.Correct answer is option 'B'. Can you explain this answer? in English & in Hindi are available as part of our courses for CA Foundation. Download more important topics, notes, lectures and mock test series for CA Foundation Exam by signing up for free.

Here you can find the meaning of X and Y are partners sharing profits in the ratio of 3 : 1. They admit Z as a partner who pays Rs. 4,000 as Goodwill the new profit sharing ratio being 2 : 1 : 1 among X, Y and Z respectively. The amount of goodwill will be credited to :a)X and Y as Rs. 3,000 and Rs. 1,000 respectively.b)X onlyc)Y only.d)None of the above.Correct answer is option 'B'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of X and Y are partners sharing profits in the ratio of 3 : 1. They admit Z as a partner who pays Rs. 4,000 as Goodwill the new profit sharing ratio being 2 : 1 : 1 among X, Y and Z respectively. The amount of goodwill will be credited to :a)X and Y as Rs. 3,000 and Rs. 1,000 respectively.b)X onlyc)Y only.d)None of the above.Correct answer is option 'B'. Can you explain this answer?, a detailed solution for X and Y are partners sharing profits in the ratio of 3 : 1. They admit Z as a partner who pays Rs. 4,000 as Goodwill the new profit sharing ratio being 2 : 1 : 1 among X, Y and Z respectively. The amount of goodwill will be credited to :a)X and Y as Rs. 3,000 and Rs. 1,000 respectively.b)X onlyc)Y only.d)None of the above.Correct answer is option 'B'. Can you explain this answer? has been provided alongside types of X and Y are partners sharing profits in the ratio of 3 : 1. They admit Z as a partner who pays Rs. 4,000 as Goodwill the new profit sharing ratio being 2 : 1 : 1 among X, Y and Z respectively. The amount of goodwill will be credited to :a)X and Y as Rs. 3,000 and Rs. 1,000 respectively.b)X onlyc)Y only.d)None of the above.Correct answer is option 'B'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice X and Y are partners sharing profits in the ratio of 3 : 1. They admit Z as a partner who pays Rs. 4,000 as Goodwill the new profit sharing ratio being 2 : 1 : 1 among X, Y and Z respectively. The amount of goodwill will be credited to :a)X and Y as Rs. 3,000 and Rs. 1,000 respectively.b)X onlyc)Y only.d)None of the above.Correct answer is option 'B'. Can you explain this answer? tests, examples and also practice CA Foundation tests.