[CBSE] DK Goel Q. 53 Change in Profit Sharing Ratio Solutions Class 12 (2024-25)
Solution of Question 53 of Change in Profit sharing ratio DK Goel Class 12 CBSE (2024-25)
X, Y and Z are partners sharing profits in the ratio of 5 : 4 : 1. It is now agreed that they will share future profits in the ratio of 3 : 3 : 4. Goodwill is valued at ₹ 1,00,000. You are required to pass a single journal entry for the treatment of goodwill.
[Ans. Debit Z by ₹ 30,000 and Credit X and Y by ₹ 20,000 and ₹ 10,000 respectively.]
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 | |
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| 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 | |
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| 21 | Question – 21 | |
| 22 | Question – 22 | |
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| 25 | Question – 25 | |
| 26 | Question – 26 | |
| 27 | Question – 27 | |
| 28 | Question – 28 | |
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| 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 |
