Solution of Question 15 of Change in Profit sharing ratio DK Goel Class 12 CBSE (2024-25) On April 1st 2024, an existing firm had assets of ₹ 5,00,000 including cash of ₹ 20,000. the firm had a General Reserve of…
Solution of Question 14 of Change in Profit sharing ratio DK Goel Class 12 CBSE (2024-25) A and B are partners. They admit C for 1/4th share in profits. For this purpose goodwill is to be valued at three year’s…
Solution of Question 13 of Change in Profit sharing ratio DK Goel Class 12 CBSE (2024-25) Find out the capital employed from the following information: Normal rate of return: 12% Profits:2021-22 80,000 2022-23 1,30,000 2023-24 1,56,000 Goodwill valued at 3…
Solution of Question 12 of Change in Profit sharing ratio DK Goel Class 12 CBSE (2024-25) The capital of the firm of Anuj and Benu is ₹ 10,00,000 and the market rate of interest is 15%. Annual salary to the…
Solution of Question 11 of Change in Profit sharing ratio DK Goel Class 12 CBSE (2024-25) Capital invested in a firm is ₹ 3,00,000. Normal rate of return is 10%. Average profits of the firm are ₹ 41,000 (after an…
