Rupal, Shanu and Trisha were partners in a firm sharing profits and losses in the ratio of 4:3:1. Their Balance Sheet as at 31st March, 2024 was as follows:
(i) Trisha's share of profit was entirely taken by Shanu.
(ii) Fixed assets were found to be undervalued by Rs 2,40,000.
(iii) Stock was revalued at Rs 2,00,000.
(iv) Goodwill of the firm was valued at Rs 8,00,000 on Trisha's retirement.
(v) The total capital of the new firm was fixed at Rs 16,00,000 which was adjusted according to the new profit sharing ratio of the partners. For this necessary cash was paid off or brought in by the partners as the case may be.
Prepare Revaluation Account and Partners' Capital Accounts.
Given below is the list of the different methods of integration that are useful in simplifying integration problems:
If f(x) and g(x) are two functions and their product is to be integrated, then the formula to integrate f(x).g(x) using by parts method is:
∫f(x).g(x) dx = f(x) ∫g(x) dx − ∫(f′(x) [ ∫g(x) dx)]dx + C
Here f(x) is the first function and g(x) is the second function.
The formula to integrate rational functions of the form f(x)/g(x) is:
∫[f(x)/g(x)]dx = ∫[p(x)/q(x)]dx + ∫[r(x)/s(x)]dx
where
f(x)/g(x) = p(x)/q(x) + r(x)/s(x) and
g(x) = q(x).s(x)
Hence the formula for integration using the substitution method becomes:
∫g(f(x)) dx = ∫g(u)/h(u) du
This method of integration is used when the integration is of the form ∫g'(f(x)) f'(x) dx. In this case, the integral is given by,
∫g'(f(x)) f'(x) dx = g(f(x)) + C