XYZ HIGH SCHOOL
HEALTH CLUB
July 5, 2025
INTERACTIVE SESSION ON HEALTH AND SAFETY GUIDELINES
Dear Students of Classes IX-XII,
The Health Club is organizing an interactive session on "Health and Safety Guidelines" to empower students with essential knowledge about maintaining health and safety in school and at home.
Session Details:
Session Highlights:
Registration Information:
To register, please:
For queries, contact Health Club members or email healthclub@xyzschool.edu
Your health is your wealth! Don't miss this valuable learning opportunity.
Sincerely,
Rahul Verma
President, Health Club
XYZ High School
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.