Question

Retirement or death of a partner dk goel solution

Answer 1

Answer:

DK Goel Accountancy Class 12 Solutions Chapter 4 Retirement or Death of a Partner which is outlined by expert Accountancy teachers from the latest version of DK Goel Accountancy Class 12 textbook solutions. We at BYJU’S provide DK Goel Solutions to assist students to comprehend all the theories in particular. Learn more concepts in Accountancy, however, the concepts of Admission of a partner, Accounting Ratios and Cash Flow Statement (As per AS – 3 Revised) is required.

Explanation:

Solution: B’s share will be divided between A and C in the ratio of 1:1.

 

Awillgain12of412=212

 

Hence,A′snewshare=512+212=712

 

Cwillgain12of412=212

 

Hence,C′snewshare=312+212=512

 

NewRatio=A712:C512or7:5

Answer 2

provide help with, I would encourage you to check with your teacher/professor for additional help.