P, Q and S are partners in a firm sharing profit and losses in the ratio of 3:2:1. They agreed to admit R as a partner with 1/6th share in profits of the firm. The following Journal entries were passed on his admission. Arrange them in sequence

(A)

Date	Particulars	L.F.	Dr. Amount	Cr. Amount
	P's Capital A/c Dr.		5,400
	Q's Capital A/c Dr.		3,600
	S's Capital A/c Dr.		1,800
	To Goodwill A/c			10,800
	(Being existing goodwill ₹ 10,800 written off in old profit sharing ratio)

(B)

Date	Particulars	L.F.	Dr. Amount	Cr. Amount
	Cash A/c Dr.		64,800
	To R's Capital A/c			60,000
	To Premium for Goodwill A/c			4,800
	(Being R brought capital ₹ 60000 and his share of goodwill Rs. 4800)

(C)

Date	Particulars	L.F.	Dr. Amount	Cr. Amount
	P's Capital A/c Dr.		2,400
	Q's Capital A/c Dr.		1,600
	S's Capital A/c Dr.		800
	To Cash A/c			4,800
	(Being share of goodwill withdrawn by old partners )

(D)

Date	Particulars	L.F.	Dr. Amount	Cr. Amount
	Premium for Goodwill A/c Dr.		4,800
	To P's Capital A/c			2,400
	To Q's Capital A/c			1,600
	To S's Capital A/c			800
	(Being goodwill brought by R distributed in sacrificing ratio)

Find the correct sequence :

Anshu and Nitu are partners, sharing profits in the ratio of 3:2. They admitted Jyoti as a new partner for 3/10 share which she acquired 2/10 from Anshu and 1/10 from Nitu. Calculate the new profit sharing ratio of Anshu, Nitu and Jyoti.

What would be the effect of the line "All Debtors are good.

Ranjan and Anjan were Partners in a firm sharing profits and losses in 3:2. they admitted Sanjan for 1/4 share of profit on 1 Jan 2024.

Goodwill of the firm will be valued at 3 years purchase of average profit of last 4 years which were

2024: Rs. 80,000

2023: Rs. 1,40,000.

2022: Rs. 2,00,000

2021: Rs. 1,60,000

The goodwill of the reconstituted firm will be

Choose the correct sequence of steps related to admission of a new partner.

(A) Prepare Revaluation Account.

(B) Prepare Balance Sheet.

(C) Calculation of sacrificing ratio.

(D) Prepare Partners' Capital Account.

Choose the correct answer from the options given below:

Which of the following would affect the Revaluation Account at the time of admission of a partner?

A partner is admitted and the following steps are to be followed while calculating his share of goodwill. Arrange them in a sequence.

(A) Calculate new partner's share of goodwill

(B) Calculate total capital of the newly constituted firm

(C) Calculate actual capital of all the partners

(D) Calculate goodwill of the firm