DK Goel Solutions Q 6 Chapter 3 Admission of a Partner Class 12 CBSE [2023-24]
Step-by-step solution of Question 6, Chapter 3 Admission of a Partner, DK Goel Class 12 Accountancy 2023-24 for the CBSE Board.
Question 6
X and Y are partners sharing profits and losses in the ratio of 3 : 2. They admit Z as a new partner who gets 1/5th share. Calculate the new profit sharing ratio in each of the following cases :
(i) If Z acquires his share from X and Y in their profit sharing ratio; (ii) If he acquires 3/20th from X and 1/20th from Y; (iii) If he acquires 1/10th from X and 1/10th from Y; (iv) If he acquires 1/20th from X and 3/20th from Y; (v) If he acquires his share entirely from X; (vi) If he acquires his share entirely from Y.
Solution
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About this solution
This is Chapter 3 Admission of a Partner of DK Goel For 2024 Examinations.
Written by Vijay Adarsh, teaching commerce since 2003 to Class 11, Class 12, B.Com, CA, CS and CMA students.
We have solved all the practical questions in this book and explained them Step by Step in detail with clear working notes.
Also, we have followed the proper format and workings which are required as per CBSE Guidelines. Just follow our presentation of solutions and score good marks in the Accountancy Board Exam.
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