CUET Accountancy - Das and Sinha are partners in a firm sharing profits in 4:1 ratio. They admitted Pal as a new partner for 1/4 share in the profits, which he acquired wholly from Das. Determine the new profit sharing ratio among Das, Sinha and Pal. | PYQs + Solutions

CUET Accountancy 2025 3 June Shift 2

Partnership

Medium

common

11:5:4

11:4:5

5:4:11

4:1:1:5

✅ Correct Option: 2

Related questions:

2 June Shift 2

Match List-I with List-II

List-I	List-II
(Types of goodwill)	(Treatment to done.)
(a) Existing Goodwill.	(I) no entry passed.
(B) Goodwill premium	(II) inferred from the capital arrangement.
(C) Goodwill paid privately.	(III) Written off.
(D) Hidden goodwill	(IV) credited to sacrificing partner.

Choose the correct answer from the options given below:

30 May Shift 2

At the time of admission of a new partner, general reserve appearing in the old balance sheet is transferred to:

22 May Shift 1

If, at the time of admission of a new partner, profit and loss account appears in the books, it will be transferred to:

CUET Accountancy 2025 3 June Shift 2 PYQs