Question : If the total assets of a firm are Rs.24,00,000 and the total liabilities are Rs.4,80,000 what will be the capitals of P, Q and R if they share profits in the ratio of their capitals and the profit sharing ratio is 1: 2: 3?

Option 1: P 4,80,000; Q3,20,000; R 1,60,000

Option 2: P 3,20,000; Q 6,40,000; R 9,60,000

Option 3: P 2,00,000; Q 4,00,000; R 6,00,000

Option 4: P 6,00,000; Q 4,00,000; R 2,00,000

Question : If the total assets of a firm are Rs.24,00,000 and the total liabilities are Rs.4,80,000 what will be the capitals of P, Q and R if they share profits in the ratio of their capitals and the profit sharing ratio is 1: 2: 3?

Option 1: P 4,80,000; Q3,20,000; R 1,60,000

Option 2: P 3,20,000; Q 6,40,000; R 9,60,000

Option 3: P 2,00,000; Q 4,00,000; R 6,00,000

Option 4: P 6,00,000; Q 4,00,000; R 2,00,000

Question : A, B and C are partners sharing profits and losses in the ratio of 3:2:2. They admitted D into the partnership for the 1/4th share and for this, he brings Rs 7,00,000, as capital. If capitals are to be proportionate to profit sharing ratio, the respective capitals of the partners will be:

Option 1: 6,00,000: 6,00,000: 3,00,000: 7,00,000

Option 2: 9,00,000: 6,00,000: 6,00,000: 7,00,000

Option 3: 3,00,000: 3,00,000: 3,00,000: 3,00,000

Option 4: 3,00,000: 4,00,000: 8,00,000: 7,00,000

Question : Equity Share Capital Rs.4,00,000; General Reserve Rs.2,40,000;Debentures Rs.3,20,000; Current Liabilities Rs.80,000
On the above information find out the Debt-Equity Ratio.

Option 1: 1:2

Option 2: 1:3

Option 3: 1:4

Option 4: None of the above

Question : P, Q and R are three partners sharing profits in the ratio of 3: 2: 1. Goodwill appears in the Balance Sheet at a value of Rs. 60,000. Q retires. P and R decided to share future profits in the ratio of 3: 2, amount payable to Q will be ....

Option 1: Rs.12,000

Option 2: Rs.6,000

Option 3: Rs.18,000

Option 4: Rs.13,333