1 Capital Surplus Withdrawal questions from CUET Accountancy 2025 14 May Shift 1 with detailed answers and explanations. Free previous year questions and MCQs.
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Capital Surplus Withdrawal โ CUET Accountancy 2025 14 May Shift 1(1โ1 of 1)
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Q1mediummcqAccountancyCUET Accountancy 2025 14 May Shift 12026
A, B and C are partners in a firm sharing profits in the ratio of 3:2:1. D is admitted into the firm for 1/4 th share in profits, which he gets as 1/8 th from A and 1/8 th from B. The total capital of the firm is agreed upon as Rs.ย 1,20,000 and D is to bring in cash equivalent to 1/4 th of this amount as his capital. The capitals of other partners are also to be adjusted in the ratio of their respective shares in profits. The capitals of A, B and C after all adjustments are Rs.ย 40,000, Rs.ย 35,000 and Rs.ย 30,000 respectively.C will withdraw the capital amount after capital are adjusted in the ratio of their respective shares in profits. The amount is:
CUET Accountancy 2025 14 May Shift 1 Capital Surplus Withdrawal โ FAQ
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