Question
X and Y are partners in 3:2 ratio. Z is admitted and
brings ₹1,00,000 as capital and ₹20,000 as goodwill. Goodwill is not to be retained in books. Old partners share goodwill in their old ratio. Pass the necessary adjustment.Solution
Goodwill paid = ₹20,000. Shared in 3:2 → X = 12,000, Y = 8,000. Not retained in books → credited to old partners’ capital accounts.
By which year did the Indian Railways set a target of becoming a net-zero carbon emitter?
Which of the following states is least likely to be among the top five contributors (installed renewable capacity) toward India’s renewable targets (i...
A 100 mL solution having 0.01 moles of NaOH dissolved in it. The pH of the solution is:
Which of the following statements related to the United Nations Development Program (UNDP) partnership with Deendayal Antyodaya Yojana - National Urban ...
Which of the following countries emerged as the top three for Foreign Direct Investment (FDI) equity inflows into India in descending order during the f...
Tata Steel Ltd has planned capital expenditure (capex) of Rs ________ crore for 2022-23.
What does ‘P’ denote in PRAN a unique number provided under PFRDA?
At present how many DRTs are in function?
What is the target of the repeated India Logistics Policy?
Mudumalai National Park is located in which state of India?