Скачать или смотреть Cbse board exam Paper 2025 | Hidden Goodwill on admission| Guarantee of Profit to a Partner

Cbse board exam Paper 2025 | Hidden Goodwill on admission| Guarantee of Profit to a Partner

moksh and pran were partners in a firm sharing profits and losses in the ratio of 1:2. their capitals were ₹500000 and ₹300000 respectively. they admitted tushar as a new partner on 1st April,2024 for 14th share in future profits. tushar brought ₹400000 as his share of capital. the goodwill of the firm on tushar's admission will be:

(a) ₹1600000 (b) ₹400000 (c) ₹800000 (d) ₹1200000.


vidhi, manas and ansh were partners sharing profits and losses in the ratio of 2:3:5. ansh was given a guarantee that his share of profits in any given year would not be less than ₹120000. deficiency, if any, would be borne by vidhi and manas equally. profits for the year ended 31st March, 2024 amounted to ₹200000.
pass necessary Journal entries in the books of the firm for division of profits.