In a partnership firm, A, B and C are partners with a ratio of 3:2:1 having capitals of Rs. 40,000, Rs. 35,000 and Rs. 30,000 respectively. They admitted D into the firm for 1/4 share in profits, which she gets 1/8 from A and 1/8 from B. They agreed upon capital of the new firm to be Rs. 1,20,000 and D is to bring her share of capital in cash. The capital of other partners are to be adjusted in the ratio of their respective shares in profits. Arrange the following amount of new capital of partners, A, B, C and D respectively, in their correct sequence.

(A) Rs. 20,000

(B) Rs. 25,000

(C) Rs. 30,000

(D) Rs. 45,000

Choose the correct answer from the options given below:

Kavita and Lalita are partners, sharing profits in the ratio of 2:1. They decide to admit Mohan for 1/4th share in profits with a guaranteed amount of ₹ 25,000. Both Kavita and Lalita undertake to meet the liability arising due to the guaranteed amount to Mohan in their respective profit sharing ratio. The firm earned profits of ₹ 76,000 for the year 2022-23. The deficiency borne by Kavita is:

On the admission of a new partner increase in the value of assets is debited to:

A newly admitted partner has a right to:

Arrange the following steps which involve the Super Profits Method of valuation of goodwill in the correct sequence:

(A) Calculate the average profit.

(B) Calculate the normal profit on the firm's capital on the basis of the normal rate of return.

(C) Calculate goodwill by multiplying the super profits by the given number of years' purchase

(D) Calculate the super profits by deducting normal profit from the average profits.

Choose the correct answer from the options given below:

C will withdraw the capital amount after capital are adjusted in the ratio of their respective shares in profits. The amount is:

In a partnership, admission of a new partner is followed by retirement within two months but revaluation did not occur at either of the event. What is the most significant risk?