From the above information, calculate share of Deepali's sacrifice or gain : Option 1: 1/10 Sacrifice Option 2: 1/10 Gain Option 3: 4/10 Sacrifice Option 4: 4/10 Gain

The answer is '1/10 Sacrifice'. View full solution:

CUET Accountancy - From the above information, calculate share of Deepali's sacrifice or gain : | PYQs + Solutions

CUET Accountancy 2023 11 June Shift 3

Partnership

Medium

1/10 Sacrifice

1/10 Gain

4/10 Sacrifice

4/10 Gain

✅ Correct Option: 1

Related questions:

24 May Shift 1

In case there is no information regarding the acquisition of a share in profit of the retiring/deceased partner by the remaining partners, the assumption is that they will acquire his/her share in the:

14 May Shift 1

Which combination of statements are correct about Death of a partner-

(A) Ascertainment of new profit sharing ratio and gaining ratio

(B) Preparation of Realization Account

(D) Adjustment of capital, if required

Choose the correct answer from the options given below:

29 May Shift 2

Match List-I with List-II

List-I	List-II
(Name of ratios.)	(used for)
(A) old ratio.	(I)distribution of premium for goodwill.
(B) new ratio.	(II) for adjustment of goodwill in death of partner.
(C) sacrificing ratio.	(III) sharing revaluation profits.
(D) gaining ratio.	(IV) sharing future profits.

Choose the correct answer from the options given below:

CUET Accountancy 2023 11 June Shift 3 PYQs

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