Double
Entry Book Keeping Ts Grewal Volume I 2021-2022 Solutions for Class 12
Commerce
Accountancy Chapter 5 - Admission Of A
Partner
Page No 5.86:
Question 11: Mahi and Rajat were in partnership sharing profits
and losses in the ratio of 4:3. They admitted Kripa as a new partner. Kripa
brought `60,000 as her share of goodwill premium which
was entirely credited to Mahi's Capital Account. On the date of admission,
goodwill of the firm was valued at `4,20,000.
Calculate the new profit-sharing ratio of Mahi, Rajat and Kripa. (CBSE 2020)
Answer:
Kripa brought `60,000 as her share of goodwill premium
share of Kripa = 60,000/4,20,000=1/7 given by Mahi
Remaing share of Mahi = 4/7-1/7=3/7
New Ratio of –
|
Mahi |
: |
Rajat |
: |
Kripa |
|
3/7 |
: |
3/7 |
: |
1/7 |
Page No 5.86:
Question 12:
Rakesh and Suresh are sharing profits in the ratio of 4 : 3. Zaheer joins and the new ratio among Rakesh, Suresh and Zaheer is 7 : 4 : 3. Find out the sacrificing ratio.
Answer:
|
|
Rakesh |
Suresh |
Zaheer |
|
OLD
RATION |
4 : |
3 |
|
|
NEW
RATIO |
7 : |
4 : |
3 |
Sacrificing Ratio = Old Ratio − Sacrificing Ratio
|
Rakesh’s |
=4/7-7/14 |
|
|||
|
|
=1/14 |
|
|||
|
Suresh’s |
=3/7-4/14 |
|
|||
|
|
=2/14 |
|
|||
|
|
Rakesh |
|
Suresh |
||
|
Sacrificing sharing ratio = |
1/14 |
: |
2/14 |
||
|
= |
1 |
: |
2 |
||
Page No 5.86:
Question 13:
Karim and Rehman are
partners sharing profits in the ratio of 3 : 2. Naval is admitted as a
partner. The new profit-sharing ratio among Karim, Rehman and
Naval is 4 : 3 : 2. Find out the sacrificing ratio.
Answer:
|
|
Karim |
Rehman |
Naval |
|
OLD
RATION |
3 : |
2 |
|
|
NEW
RATIO |
4 : |
3 : |
2 |
Sacrificing Share = Old Ratio − New Ratio
|
Karim’s |
=3/5-4/9 |
|
|||
|
|
=7/45 |
|
|||
|
Rehman’s |
=2/5-3/9 |
|
|||
|
|
=3/45 |
|
|||
|
|
Karim |
|
Rehman |
||
|
Sacrificing sharing ratio = |
7/45 |
: |
3/45 |
||
|
= |
7 |
: |
3 |
||
Page No 5.86:
Question 14:
A,
B
and C are partners sharing profits in the ratio of 4 : 3 : 2. D
is admitted for 1/3rd share in future profits. What is the sacrificing ratio?
Answer:
|
|
A |
|
B |
|
C |
|
OLD
RATIO = |
4 |
: |
3 |
: |
2 |
D is admitted for 1/3share of profit
Let the combined share of profit of A, B C and D be = 1
Combined share of A, B and C after D’s admission = 1 − D’s shares
=1-1/3
=2/3
New Ratio = Old
Ratio combined share of A, B and C
|
A’s |
=4/9×2/3 |
|
|
=8/27 |
|
B’s |
=3/9×2/3 |
|
|
=6/27 |
|
C’s |
=2/9×2/3 |
|
|
=4/27 |
Sacrificing Ratio = Old Ratio − New Ratio
|
A’s |
=4/9-8/27 |
|
|
|
|||||
|
|
=4/27 |
|
|
|
|||||
|
B’s |
=3/9-6/27 |
|
|
|
|||||
|
|
=3/27 |
|
|
|
|||||
|
C’s |
=2/7-4/27 |
|
|
|
|||||
|
|
=2/27 |
|
|
|
|||||
|
|
A |
|
B |
|
C |
||||
|
Sacrificing sharing ratio = |
4/27 |
: |
3/27 |
: |
2/27 |
||||
|
= |
4 |
: |
3 |
: |
2 |
||||
Page No 5.86:
Question 15:
A,
B, C and
D are in partnership sharing profits and losses in the ratio of 36 : 24 :
20 : 20 respectively. E joins the partnership for 20% share and A,
B, C and D in future would share profits among themselves as 3/10
: 4/10 : 2/10 : 1/10. Calculate new profit-sharing ratio after E's
admission .
Answer:
|
|
A |
|
B |
|
C |
|
D |
|
OLD
RATIO = |
36 |
: |
24 |
: |
20 |
: |
20 |
E is admitted for 20/100 share
Let combined share of profit of all partners after E’s admission = 1
Combined share of
A, B, C and D after E’s admission = 1 − E’s Share
=1-20/100
=80/100
New Ratio = Combined of A, B, C and D Agreed Share of A, B, C and D
|
A’s |
=80/100×3/10 |
|
|
|
|||||||||
|
|
=24/100 |
|
|
|
|||||||||
|
B’s |
=80/100×4/10 |
|
|
|
|||||||||
|
|
=32/100 |
|
|
|
|||||||||
|
C’s |
=80/100×2/10 |
|
|
|
|||||||||
|
|
=16/100 |
|
|
|
|||||||||
|
D’s |
=80/100×1/10 |
|
|
|
|||||||||
|
|
=8/100 |
|
|
|
|||||||||
|
|
A |
|
B |
|
C |
|
D |
|
E |
||||
|
New profit sharing ratio = |
24/100 |
: |
32/100 |
: |
16/100 |
: |
8/100 |
: |
20/100 |
||||
|
= |
6 |
: |
8 |
: |
4 |
: |
2 |
: |
5 |
||||
Click on Below link for more questions Of Volume-1 of 12th