{"id":131913,"date":"2023-02-22T12:43:54","date_gmt":"2023-02-22T07:13:54","guid":{"rendered":"https:\/\/www.mapsofindia.com\/my-india\/?p=131913"},"modified":"2023-02-22T12:43:54","modified_gmt":"2023-02-22T07:13:54","slug":"samiksha-arshiya-and-divya-were-partners-in-a-firm-sharing-profits-and-losses-in-the-ratio-of-5-3-2-with-effect-from-1st-april-2022-they-agreed-to-share","status":"publish","type":"post","link":"https:\/\/www.mapsofindia.com\/my-india\/education\/samiksha-arshiya-and-divya-were-partners-in-a-firm-sharing-profits-and-losses-in-the-ratio-of-5-3-2-with-effect-from-1st-april-2022-they-agreed-to-share","title":{"rendered":"Samiksha, Arshiya and Divya were partners in a firm sharing profits and losses in the ratio of 5: 3: 2. With effect from 1st April 2022, they agreed to share&#8230;&#8230;&#8230;&#8230;"},"content":{"rendered":"<h3>These are the options for the Question : Samiksha,\u00a0 Arshiya and Divya were partners in a firm sharing profits and losses<br \/>\nin the ratio of 5: 3: 2. With effect from 1st April 2022, they agreed to share future profits and losses in the ratio of 2: 5: 3. Their Balance Sheet showed a debit balance of \u20b9 50,000 in the Profit and Loss Account and a balance of \u20b9<br \/>\n40,000 in the Investment Fluctuation Fund. The market value of an investment is \u20b930,000 against the book value of \u20b950,000. Partners have decided, not to show revised valued in the balance sheet and to pass an adjusting entry for it.<br \/>\nWhich of the following is the correct treatment of the above?<\/h3>\n<h4>a) Samiksha\u2019s Capital A\/c. Dr.<br \/>\nTo Arshiya\u2019s Capital A\/c.<br \/>\nTo Divya\u2019s Capital A\/c<br \/>\n9,000<br \/>\n6,000<br \/>\n3,000<br \/>\nb) Arshiya\u2019s Capital A\/c. Dr.<br \/>\nTo Samiksha\u2019s Capital A\/c.<br \/>\nTo Divya\u2019s Capital A\/c.<br \/>\n5,000<br \/>\n2,000<br \/>\n3,000<br \/>\nc) Arshiya\u2019s Capital A\/c. Dr.<br \/>\nDivya\u2019s Capital A\/c. Dr.<br \/>\nTo Samiksha\u2019s Capital A\/c<br \/>\n2,000<br \/>\n1,000<br \/>\n3,000<br \/>\nd) Arshiya\u2019s Capital A\/c. Dr.<br \/>\nDivya\u2019s Capital A\/c. Dr.<br \/>\nTo Samiksha\u2019s Capital A\/c<br \/>\n6,000<br \/>\n3,000<br \/>\n9,000<\/h4>\n<p>&nbsp;<\/p>\n<p>The correct answer is \u2013<\/p>\n<p>a) Samiksha\u2019s Capital A\/c. Dr.<br \/>\nTo Arshiya\u2019s Capital A\/c.<br \/>\nTo Divya\u2019s Capital A\/c<br \/>\n9,000<br \/>\n6,000<br \/>\n3,000<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>These are the options for the Question : Samiksha,\u00a0 Arshiya and Divya were partners in a firm sharing profits and losses in the ratio of 5: 3: 2. With effect from 1st April 2022, they agreed to share future profits and losses in the ratio of 2: 5: 3. Their Balance Sheet showed a debit [&hellip;]<\/p>\n","protected":false},"author":21842,"featured_media":131888,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":{"0":"post-131913","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-education"},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.mapsofindia.com\/my-india\/wp-json\/wp\/v2\/posts\/131913","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.mapsofindia.com\/my-india\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.mapsofindia.com\/my-india\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.mapsofindia.com\/my-india\/wp-json\/wp\/v2\/users\/21842"}],"replies":[{"embeddable":true,"href":"https:\/\/www.mapsofindia.com\/my-india\/wp-json\/wp\/v2\/comments?post=131913"}],"version-history":[{"count":1,"href":"https:\/\/www.mapsofindia.com\/my-india\/wp-json\/wp\/v2\/posts\/131913\/revisions"}],"predecessor-version":[{"id":131927,"href":"https:\/\/www.mapsofindia.com\/my-india\/wp-json\/wp\/v2\/posts\/131913\/revisions\/131927"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.mapsofindia.com\/my-india\/wp-json\/wp\/v2\/media\/131888"}],"wp:attachment":[{"href":"https:\/\/www.mapsofindia.com\/my-india\/wp-json\/wp\/v2\/media?parent=131913"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.mapsofindia.com\/my-india\/wp-json\/wp\/v2\/categories?post=131913"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.mapsofindia.com\/my-india\/wp-json\/wp\/v2\/tags?post=131913"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}