[CBSE] DK Goel Q. 30 Change in Profit Sharing Ratio Solutions Class 12 (2024-25)
Solution of Question 30 of Change in Profit sharing ratio DK Goel Class 12 CBSE (2024-25)
A, B and C are partners sharing profits equally. From 1st April, 2022, they decided to share profits in the ratio of 3 : 4 : 5. On that date, Profit and Loss Account showed a credit balance of ₹ 90,000. Partners do not want to distribute the Profit and Loss Account balance but prefer to record the change by an adjustment entry. You are required to give the adjusting entry.
[Ans. Debit C and Credit A by ₹ 7,500.]
Solution:-
Here are the solutions of Change in Profit Sharing ratio chapter of DK Goel Class 12 CBSE (2024-25)
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1 | Question – 1 | |
2 | Question – 2 | |
3 | Question – 3 | |
4 | Question – 4 | |
5 | Question – 5 | |
6 | Question – 6 | |
7 | Question – 7 | |
8 | Question – 8 | |
9 | Question – 9 | |
10 | Question – 10 |
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11 | Question – 11 | |
12 | Question – 12 | |
13 | Question – 13 | |
14 | Question – 14 | |
15 | Question – 15 | |
16 | Question – 16 | |
17 | Question – 17 | |
18 | Question – 18 | |
19 | Question – 19 | |
20 | Question – 20 |
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21 | Question – 21 | |
22 | Question – 22 | |
23 | Question – 23 | |
24 | Question – 24 | |
25 | Question – 25 | |
26 | Question – 26 | |
27 | Question – 27 | |
28 | Question – 28 | |
29 | Question – 29 | |
30 | Question – 30 |
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31 | Question – 31 | |
32 | Question – 32 | |
33 | Question – 33 | |
34 | Question – 34 | |
35 | Question – 35 | |
36 | Question – 36 | |
37 | Question – 37 | |
38 | Question – 38 | |
39 | Question – 39 | |
40 | Question – 40 |