X, Y and Z are partners sharing the profits in the ratio of 6:3:1. Y retires from the firm and his share is taken up by X and Z in the ratio of 3:2. The new profit sharing ratio of X and Z will be

If information provided in the case study is used, the sacrifice or gain of Sonam share of goodwill will be :

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:

A, B and C are partners in a firm. If C retires/dies, his capital account is credited with:

L, N and T are partners sharing profits in the ratio of 5:3:2. If N retires, the gaining ratio of L & T would be.......

On the death of a partner, his share of loss in the firm from the last balance sheet till the date of his death is transferred to:

On the death of a partner, the deceased partner's capital account will not be credited with :-