[CBSE] Q 11, 12 DK Goel Admission of a Partner Solutions Class 12 (2026-27)

Here are the solutions of Question number 9, 10 of Admission of a Partner chapter 3 of DK Goel Class 12 CBSE (2026-27)

Q. 11. P and Q share profits in 3 : 2. On 1st April, 2022, they admit R and S with 1/4 and 1/5 share respectively. The profit of the firm for the year ended 31st March 2023 amounted to ₹ 2,00,000. Prepare necessary journal entries for the distribution of profit.

[Ans. Share of Profit ₹ 66,000, ₹ 44,000; ₹ 50,000 and ₹ 40,000 respectively.]

Hint. New Ratios 33 : 22 : 25 : 20

Solution:-

Q. 12 (A), Saurabh and Gaurav are equal partners. They admit Chunmun as a partner in their firm and the new ratio of all the three has been decided upon as 4 : 3 : 2. Find the sacrificing ratio.

[Ans. 1 : 3.]

Solution:-

Q. 12 (B). A, B and C share profit and losses in the ratio of 3 : 2 : 1. Upon admission of D, they agreed to share as follows:

(i) 4 : 4 : 2 : 2

(ii) 2 : 4 : 2 : 3

Calculate sacrificing ratios.

[Ans. (i) Only A sacrifices = 1/6; (ii) Only A sacrifices = 2/6.]

Solution:-