CUET Accountancy - Naveen, Suresh and Tarun are partners sharing profits and losses in the ratio of 5:3:2. Tarun retires from the firm and his share was taken over by Naveen and suresh in the ratio 2:1. In such a case, the new share of profit will be . | PYQs + Solutions

CUET Accountancy 2025 2 June Shift 2

Partnership

Medium

common

11:17

19:11

11:19

11:12

✅ Correct Option: 2

Related questions:

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:

22 May Shift 1

At the time of retirement of a partner, undistributed profits appearing in the balance sheet of the old firm is transferred to the capital account of:

27 May Shift 1

Gobind, Hari and Pratap are partners. On retirement of Gobind, the goodwill already appears in the Balance Sheet at Rs. 24,000. The goodwill will be written-off -

CUET Accountancy 2025 2 June Shift 2 PYQs

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