Accountancy worksheet

1. SUBJECT – ACCOUNTANCY
CLASS- XII
CHAPTER- ADMISSION OF A PARTNER
WORSHEET NO.12
1. A,B and C are partners in a firm sharing profitin the ratio of 3:2:2 .
They admitted D as a new partner for 4/7 profit. D acquired his
share2/7 from A , 1/7 from B and 1/7 from C. Calculate the new
profit sharing ratio
2. A and B are partner in a firm sharing profitin the ratio of 7:3. C is
admitted as a new partner. A sacrifices 2/7th
of his sharein favour
of C and B 1/7th
of his sharein favour of C. Calculate the new
profit sharing ratio between A,B and C.
3. Arun , Bhushan and Chetan are partners in a firm sharing profits in
the ratio of 3:2:3. They decide to admit Shahzad as a partner. Arun
surrendered 1/3rd
, Bhushan surrendered 1/4th
and Chetan
surrendered 1/5th
of his shares in favour of Shazad. Calculate the
new profitsharing ratio.
4. A, B and C are partners sharing profits in the ratio of 5:3:2. They
admitted D into partnership. The new profit sharing ratio is
3:2:2:3. Calculate the sacrificing ratio.
5. Anil and Sunil are partners sharing profits and losses in the ratio of
3:2. They admitted Charan as a new partner from 1st
April2020.
Anil gives 1/3rd
of his sharewhile Sunil gives 1/10th
of his shareto
Charan . Calculate the sacrificing ratios and the new ratios.