NCERT Solutions for Class 12 Accountancy I Chapter 4 Reconstitution of a Partnership Firm Retirement/Death of a Partner – Here are all the NCERT solutions for Class 12 Accountancy I Chapter 4. This solution contains questions, answers, images, explanations of the complete chapter 4 titled Reconstitution of a Partnership Firm Retirement/Death of a Partner taught in Class 12. If you are a student of Class 12 who is using NCERT Textbook to study Accountancy I, then you must come across chapter 4 Reconstitution of a Partnership Firm Retirement/Death of a Partner. After you have studied lesson, you must be looking for answers of its questions. Here you can get complete NCERT Solutions for Class 12 Accountancy I Chapter 4 Reconstitution of a Partnership Firm Retirement/Death of a Partner.
NCERT Solutions Class 12 Accountancy Chapter 4 Reconstitution of a Partnership Firm – Retirement/Death of a Partner
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Class | 12 |
Subject | Accountancy |
Book | Accountancy Not For Profit Organisation And Partnership Accounts |
Chapter Number | 4 |
Chapter Name |
Reconstitution of a Partnership Firm – Retirement/Death of a Partner |
NCERT Solutions Class 12 Accountancy chapter 4 Reconstitution of a Partnership Firm – Retirement/Death of a Partner
Class 12, Accountancy chapter 4, Reconstitution of a Partnership Firm – Retirement/Death of a Partner solutions are given below in PDF format. You can view them online or download PDF file for future use.
Reconstitution of a Partnership Firm – Retirement/Death of a Partner
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Question & Answer
Q.1: Distinguish between Gaining Ratio and Sacrificing Ratio in terms of:
(1). Meaning
(2). Effect on Partner’s Share of Profit
(3). Mode of calculation
(4). When to calculate
Ans : Missing
Q.2: Anita, Jaya and Nisha are partners sharing profits and losses in the ratio of 1 : 1 : 1 Jaya retires from the firm. Anita and Nisha decided to share the profit in future in the ratio 4:3. Calculate the gaining ratio.
Ans : Missing
Q.3: Azad, Vijay and Amit are partners sharing profits and losses in the proportion of 1 1 , 4 8 and 10 16 . Calculate the new profit sharing ratio between continuing partners if (a) Azad retires; (b) Vijay retires; (c) Amit retires.
Ans : Missing
Q.4: Calculate the gaining ratio in each of the above situations.
Ans : Missing
Q.5: Anu, Prabha and Milli are partners. Anu retires. Calculate the future profit sharing ratio of continuing partners and gaining ratio if they agree to acquire her share : (a) in the ratio of 5:3; (b) equally.
Ans : Missing
NCERT / CBSE Book for Class 12 Accountancy
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- Click here for NCERT Book for Class 12 Accountancy
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