Sonu and Sandeep are partners in the ratio of 3 : 2. They admit Neeraj for \( \frac{1}{3} \) share in profits. Neeraj brings Rs. 30,000 for his capital but fails to bring his share of goodwill in cash. The goodwill of the firm is valued at Rs. 9,000. Give necessary journal entries.
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Solution and Explanation
Goodwill of the firm is Rs. 9,000. Neeraj's share of goodwill equals \( \frac{1}{3} \times 9,000 = 3,000 \). Since Neeraj does not bring his share of goodwill in cash, his capital account is debited for Rs. 3,000 and credited to Sonu and Sandeep in the old ratio of 3 : 2. Neeraj brings Rs. 30,000 as capital which is credited normally. The firm does not raise goodwill account; instead, goodwill is adjusted through partners' capital accounts. Journal entries are given below.
Journal Entries:
Top Questions on Partnership Accounting
- Rajan and Rohit are partners in a partnership firm sharing profits and losses equally. You are required to prepare the Profit and Loss Account for the year ended 31st March 2020 and the Balance Sheet as on that date with the help of the following information: Trial Balance as on 31st March 2020 \[ \begin{array}{|c|c|c|} \hline Debit Balances & Amount (₹) & Credit Balances & Amount (₹)
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Questions Asked in MPBSE Class XII Board exam
निम्नलिखित में से किसी एक विषय पर निबंध लिखिए:
(i) पर्यावरण की सुरक्षा
(ii) दुखों की उपयोगिता
(iii) विद्यार्थी और अनुशासन
(iv) राष्ट्रीय एकता और अखंडता
(v) इंटरनेट का दैनिक जीवन में अनुपयोगपरीक्षा की तैयारी की जानकारी देते हुए पिता को पत्र लिखिए।
द्वनि विस्तारक यंत्रों पर प्रतिबंध लगाने हेतु जिला सचिव महोदय को प्रार्थना पत्र लिखिए।
निम्नलिखित गद्यांश की संदर्भ-प्रसंग सहित व्याख्या कीजिए: गद्यांश: पैसा पावर है। पर उसके स्वभाव में आस-पास सालों तक जमा न जमा हो तो क्या वह ताकत पावर है! पैसे को देखने के लिए बैंक-हिसाब सीट, पर माल-असबाब, मकान-कोठी तो अनदेखे भी दीखते हैं। पैसे के उस 'पेसींग पावर' के प्रयोग में ही पावर का खेल है।
निम्नलिखित गद्यांश की संदर्भ-प्रसंग सहित व्याख्या कीजिए: गद्यांश: एक बार वह 'डांग' देखने श्यामनगर शेला गया। पहलवानों की कुस्ती और डांव-पेच देखकर उससे नहीं रहा गया। जवानी की मस्ती और होल की ललकारती हुई आवाज़ ने उसकी नसों में बिजली उत्पन्न कर दी। उसने बिना कुछ सोचे-समझे दंगल में 'शेर के बच्चों' को चुनौति दे दी।