CBSE Class 12 Accountancy | 67/4/1 2025 PYQ | Q26(a) | 6 Marks | Admission of Partner | Reval & PCA скачать в хорошем качестве

CBSE Class 12 Accountancy | 67/4/1 2025 PYQ | Q26(a) | 6 Marks | Admission of Partner | Reval & PCA

For Online Tuition Call - +91 77385 78377 Or WhatsApp - https://wa.me/917738578377 School: 9th to 12th Std (CBSE, ISC, ICSE, HSC, IGCSE, IB, A-Level, Cambridge, Edexcel) Undergraduate: BBA, BMS, BCOM, BA, LLB Post-Graduate: MBA, MMS, MCOM 📊 Accounting 📉 Economics 💰 Finance ⚖️ Law 🏢 Business Management Playlists:- 2025    • CBSE 12th Accountancy Sample Paper SQP 202...      • CBSE Accountancy 2025 Set 1 67/1/1 PYP Sol...      • CBSE Accountancy 2025 67/2/1 PYP Solutions      • CBSE Accountancy PYQ 2025 67/4/1   2024    • CBSE Accountancy PYQ 2024 67/1/1   26. (a) Atharv and Anmol were partners in a firm sharing profits and losses in the ratio of 5 : 2. Their Balance Sheet as at 31st March, 2024 was as follows : Balance Sheet items (listed one below the other) Liabilities Capitals : Atharv ₹ 8,00,000 Anmol ₹ 4,00,000 General Reserve ₹ 3,50,000 Creditors ₹ 9,10,000 Total ₹ 24,60,000 Assets Fixed Assets ₹ 14,00,000 Stock ₹ 4,90,000 Debtors ₹ 5,60,000 Cash ₹ 10,000 Total ₹ 24,60,000 On 1st April, 2024, Surya was admitted as a new partner for 2/7th share in the profits of the firm on the following terms : (i) The new profit sharing ratio between Atharv, Anmol and Surya will be 4 : 1 : 2. (ii) Fixed Assets were to be reduced by 10%. (iii) Stock was sold at ₹ 4,20,000. (iv) Surya shall bring ₹ 3,00,000 as capital and ₹ 2,00,000 for his share of goodwill premium in cash. (v) Capital accounts of old partners be adjusted on the basis of Surya’s capital in the business, actual cash to be paid off to, or brought in by the old partners, as the case may be. Prepare Revaluation Account and Partners’ Capital Accounts. (6 marks)