X and Y share profits and losses in the ratio of 2 1 They take Z as a partner and the new profit sharing ratio becomes 3 2 1 Z brings Rs 9,000 as a premium for goodwill The full value of goodwill will be A B C D Rs 9, 000 Rs 36, 000 Rs 54, 000 Rs 48,000 X and Y share profits and losses in the rati...

Correct option is C Z is dmitted for 16th share of good ...

X and Y share profits and losses in the ratio of 2: 1. They take Z...

Fantastic news! We've Found the answer you've been seeking!

Question:

Related Book For answer-question

Statistics for the Behavioral Sciences

ISBN: 978-1111830991

9th edition

Authors: Frederick J Gravetter, Larry B. Wallnau

See More Books

Posted Date: Dec 31, 2020 11:02 PM

See More Questions

If you deposit $4,000 at the end of each year for the next 20 years into an account paying 10.1 percent interest, how much money will you have in the account in 20 years? How much will you have if...
A bond pays $100 at the end of each year for five years, plus an additional $1,000 when the bond matures at the end of five years. What is the most you would be willing to pay for this bond if your...
The Retained Earnings balance at the end of last year was $50,000. In June of this year, well after last years books were closed, it was found that a mistake had been made in computing depreciation...
Evaluate the Branding and Positioning Strategy of Cineplex and suggest future directions to pursue to make the business model more solid, more profitable, and less prone to competitive matching or...
Imagine six points in a plane, no three of which lie on a straight line. In how many ways can the six points be used as vertices to form two triangles? (Hint: Number the points 1 through 6. Call one...
(a) Use Excel to prepare an appropriate type of chart (bar, line, pie, scatter) to display the following data. Modify the default colors, fonts, etc., as you judge appropriate to make the display...
The shape of the temperature-entropy diagram for the Carnot cycle is a (a) Rectangle (b) Rhombus (c) Trapezoid (d) Circle.
Brandlin Company of Anaheim, California, sells parts to a foreign customer on December 1, 2015, with payment of 16,000 korunas to be received on March 1, 2016. Brandlin enters into a forward contract...
Markus is the annuitant under two spousal RRSPs: one held at a bank and one held at a credit union. His common-law partner, Wendy, is the contributor to each plan. On February 14th of last year,...
Which series has the highest beta. BraveNewCoin Liquid Index for Bitcoin 1D BNC Trading Brave Ne Yellow Green Blue Orange
The function int order Integers(int v[]) shall take as input an array of three integer numbers. The program shall output the greatest number among the elements of the array. The program shall order...
Partners Mark and Dickens have capital balances in a partnership of $158000 and $233000, respectively. They agree to share profits and losses as follows: Mark Dickens As salaries $40700 $49000 As...
Whitman Company has just completed its first year of operations. The company's absorption costing income statement for the year follows: Whitman Company Income Statement Sales (39,000 units x $44.10...
Presented below are selected account balances for Novak Co. as of December 31, 2025. Acco Inventory 12/31/25 $60,870 Cost of Goods Sold $227,386 Que Acco Common Stock 73,930 Selling Expenses 16,313...
Vinitpaul has the following information: AGI for 2023 Withholding for 2023 Total tax for 2022 Total tax for 2023 Required: $ 155,000 $ 26,100 $ 30,400 $ 30,197 a. How much must Vinitpaul pay in...
MacroApps Corporation's disclosure notes for the year ending June 30, 2020, included the following regarding its $0.00000625 par common stock: Employee Stock Purchase Plan-We have an ESPP for all...
Let u = (-3, -1, 2) and v = (1, -9,-3). Find u . v. Answer:
Controls can be identified based on their function. The functions are preventive, detective, and corrective. A. True B. False
Some people like to pour beer gently down the side of the glass to preserve bubbles. Others splash it down the center to release the bubbles into a foamy head and free the aromas. Champagne, however...
For the following set of scores, find the value of each expression: a. (X b. (X2 c. ( (X + 1) d. ((X + 1)2 X 4 6 0 3 2
In a distribution of scores, X = 64 corresponds to z = 1.00, and X = 67 corresponds to z = 2.00. Find the mean and standard deviation for the distribution?
Using data from a random sample of elementary schools, a researcher regresses average test scores on the fraction of students who qualify for reduced-price meals. The regression indicates a negative...
In the study of cigarette demand in this chapter, suppose we used as an instrument the number of trees per capita in the state. Is this instrument relevant? Is it exogenous? Is it a valid instrument?
In the demand curve model of Equation (12.3), is $\ln \left(P_{i}^{\text {butter }} ight)$ positively or negatively correlated with the error, $u_{i}$ ? If $\beta_{1}$ is estimated by OLS,...

X and Y share profits and losses in the ratio of 2: 1. They take Z...

Question:

Expert Answer:

Correct option is C Z is dmitted for 16th share of good... View the full answer

Statistics for the Behavioral Sciences

Students also viewed these accounting questions