Choose the correct option from the following options to change the sentence beginning with ‘If ________’
Unless you are confident, you will not succeed.
The phrase "Unless you are confident" means that confidence is necessary for success. The correct transformation should retain the meaning while using "If ________". "If you have confidence" accurately rephrases "Unless you are confident," making option the correct choice.
It is the sound state of mind which we are looking for. (Identify the correct simple sentence from the given options and rewrite.)
Mahendra, Surendra and Narendra were partners sharing profits and losses in the ratio 5 : 3 : 2 respectively. Their Balance Sheet as on 31st March 2019 was as follows:
\[\begin{array}{|l|r|l|r|} \hline \text{Liabilities} & \text{Amount (₹)} & \text{Assets} & \text{Amount (₹)} \\ \hline \text{Capital Account:} & & \text{Stock} & 17{,}000 \\ \text{Mahendra} & 23{,}000 & \text{Furniture} & 18{,}000 \\ \text{Surendra} & 15{,}000 & \text{Land and Building} & 16{,}000 \\ \text{Narendra} & 12{,}000 & \text{Bank} & 37{,}000 \\ \text{Bills Payable} & 2{,}000 & & \\ \text{Creditors} & 8{,}000 & & \\ \text{Bank Loan} & 12{,}000 & & \\ \text{General Reserve} & 16{,}000 & & \\ \hline \text{Total} & 88{,}000 & \text{Total} & 88{,}000 \\ \hline \end{array}\]
Mr. Narendra died on 30th June 2019 and the following adjustments were agreed as per deed:
\[\begin{array}{rl} \bullet & \text{Stock, furniture, land and building are to be revalued at ₹ 16,700, ₹ 16,200 and ₹ 30,100 respectively.} \\ \bullet & \text{Narendra's share in goodwill is to be valued from the firm's goodwill, which was valued at 3 times the average profit of the last four years. The profits for the last four years were:} \\ & \quad \bullet \ \text{I year – ₹ 30,000} \\ & \quad \bullet \ \text{II year – ₹ 25,000} \\ & \quad \bullet \ \text{III year – ₹ 25,000} \\ & \quad \bullet \ \text{IV year – ₹ 40,000} \\ \bullet & \text{His profit up to the death is to be calculated on the basis of the profit of last year.} \\ \bullet & \text{Narendra was entitled to get a salary of ₹ 1,200 per month.} \\ \bullet & \text{Interest on capital at 10\% p.a. to be allowed.} \\ \bullet & \text{Narendra's drawing up to the date of his death was ₹ 900 per month.} \end{array}\]
Prepare:
\[\begin{array}{rl} \bullet & \text{(A) Narendra's Capital Account showing amount payable to his executor.} \\ \bullet & \text{(B) Give working notes for:} \\ & \quad \bullet \ \text{Share of goodwill due to Narendra} \\ & \quad \bullet \ \text{Share of profit due to Narendra} \end{array}\]