Download printable Accountancy Class 12 Worksheets in pdf format, CBSE Class 12 Accountancy Admission of A Partner Worksheet Set B has been prepared as per the latest syllabus and exam pattern issued by CBSE, NCERT and KVS. Also download free pdf Accountancy Class 12 Assignments and practice them daily to get better marks in tests and exams for Grade 12. Free chapter wise worksheets with answers have been designed by Standard 12 teachers as per latest examination pattern

## Worksheet for Class 12 Accountancy Part 1 Chapter 3 Reconstitution of a Partnership Firm Admission of a Partner

Class 12 Accountancy students should refer to the following printable worksheet in Pdf for Part 1 Chapter 3 Reconstitution of a Partnership Firm Admission of a Partner in Grade 12. This test paper with questions and solutions for Standard 12 Accountancy will be very useful for tests and exams and help you to score better marks

### Part 1 Chapter 3 Reconstitution of a Partnership Firm Admission of a Partner Class 12 Accountancy Worksheet Pdf

**Admission of a Partner**

^{th}share. Calculate the new profit sharing ratio and sacrificing ratio after R’s admission.

^{th}share. Afterwards W enters for 20%. Compute the profit sharing ratio of X, Y, Z and W after W’s admission

^{th}of his share in favour of C, a new partner. What is the new ratio?

^{th}of his share in favour of S. Find the new profit sharing ratio.

^{th}share of profits, which he takes 2/7

^{th}from D and1/7

^{th}from R. Calculate their new profit sharing ratio.

^{th}share of profits, which he takes 1/24th from A and 1/8th from B. Calculate the new profit sharing ratio.

^{th}share. A, B, C and D would share profits in future among themselves as 3:4:2:1. Calculate the new profit sharing ratio.

^{th}share in profits. Z would retain his original share. Find out new profit sharing ratio.

^{th}share of profits half of which was gifted by Ram and the remaining share was taken by Z equally from Ram and Sham. Calculate the new ratio.

^{th}share. Rahim acquires his share from Ram and Shyam in the ratio 2:3. The goodwill stands in the books at ₹.25,000. Rahim paid ₹.15,000 privately to Ram and Shyam as his share of goodwill. Journalise.

^{th}share of profit of which he acquires 1/6th from Amit and 1/12

^{th}from bablu. Goodwill of the firm is valued at ₹.8,400. Goodwill already appears in the books at ₹.5,000. Partners withdrew 40% of goodwill credited to them. Give journal entries.

^{st}April, 2017 they admit Singh as a new partner for 3/13th share in the profits. The new ratio will be 5:5:3. Singh contributed the following assets towards his capital and for his share of goodwill. Stock ₹.1,00,000, Debtors ₹.90,000, Land ₹.70,000, Plant and Machinery ₹.Rs.1,10,000. On the date of admission of Singh, the goodwill of the firm was valued at ₹.6,50,000. Journalise in the books of the firm.

^{st}2017 their Balance Sheet stood as follows

^{st}April, 2012 they agreed to admit Monika into partnership on the following terms.

**Please click on below link to download CBSE Class 12 Accountancy Admission of A Partner Worksheet Set B**

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