[CBSE] Q. 10 Change in profit sharing ratio Solution TS Grewal Class 12 (2024-25)
Solution to Question number 10 of the Change in Profit sharing ratio chapter 4 of TS Grewal Book class 12 CBSE 2024-25 Edition.
Nidhi, Vidhi and Kavya are partners sharing profits and losses in the ratio of 2 : 2 : 1. From 1st April 2023, they decide to change the profit-sharing ratio. They pass the following adjustments entry for goodwill in the books:
| Date | Particulars | L.F. | Dr. (₹) | Cr. (₹) |
| 2023 April 1 | Nidhi’s Current A/c (₹ 2,00,000 ✕ 3/25) Dr. Kavya’s Current A/c (₹ 2,00,000 ✕ 2/25) Dr. To Vidhi’s Current A/c (₹ 2,00,000 ✕ 5/25) (Goodwill adjusted on change in profit sharing ratio) | 24,000 16,000 | 40,000 |
What will be the new profit-sharing ratio of partners assuming the capitals of partners are fixed?
[Ans.: New Profit sharing Ratio – 13 : 7 : 5]
Solution:-
Here is the list of all Solutions
| S.N | Questions |
| 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 |
| S.N | Questions |
| 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 |
| S.N | Questions |
| 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 |
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