1 New Partner Capital questions from CUET Accountancy 2025 14 May Shift 1 with detailed answers and explanations. Free previous year questions and MCQs.
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New Partner Capital โ CUET Accountancy 2025 14 May Shift 1(1โ1 of 1)
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Q1easymcqAccountancyCUET 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.D will bring in cash as his capital:
CUET Accountancy 2025 14 May Shift 1 New Partner Capital โ FAQ
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Our database has 1 New Partner Capital questions from CUET Accountancy 2025 14 May Shift 1 covering 2026 to 2026.
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