sct.edu.orSalalah - ELearningO d. 9:7:4Fon 4Which of the following Is not a reason for the dissolution by the court?atBredO a. The business cannot be carried on except at a lossad out ofO b. Transfer whole interest of a partner Is transferred to a third partyO C. Partner becomes insaneo d Admisslon of new partnertionstion 5Accumulated Reserve on admission of a partner can be divided using?yetworedO a. Sacrificing RatioO b. New Profit Sharing RatioOC Old Profit Sharing Ratiood Gaining Ratiarkod out ofFlagestionJegtion 6X, Y, 7 are partners sharing profits inthe futio of 5:3.2Z retires and the ratio botween X and Y is 32. Find out tihe gaining ratio?yatnsweredO a. V 1/2Ob 32Oc. 3/6 25farked out ofPFlogquestionQuanton 7bue nwhica eireumetcinces the s tine pattner muy decide toretire from the firm?AFR 40)ALLF2F3F4FSF10144%243 r5 07VDIFHIctV)BYARD2

Since there are multiple questions, we will solve only first for you. To get the remaining questions…

on 4 Which of the following Is not a reason for the dissolution by the court? at ared O a The business cannot be carried on except at a loss ad out of O b. Transter whole interest of a partner is transferred to a third party O C. Partner becomes insane o d Admission of new portner tion

on 4 Which of the following Is not a reason for the dissolution by the court? at ared O a The business cannot be carried on except at a loss ad out of O b. Transter whole interest of a partner is transferred to a third party O C. Partner becomes insane o d Admission of new portner tion

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Question

sct.edu.or
Salalah - ELearning
O d. 9:7:4
Fon 4
Which of the following Is not a reason for the dissolution by the court?
at
Bred
O a. The business cannot be carried on except at a loss
ad out of
O b. Transfer whole interest of a partner Is transferred to a third party
O C. Partner becomes insane
o d Admisslon of new partner
tion
stion 5
Accumulated Reserve on admission of a partner can be divided using?
yet
wored
O a. Sacrificing Ratio
O b. New Profit Sharing Ratio
OC Old Profit Sharing Ratio
od Gaining Ratia
rkod out of
Flag
estion
Jegtion 6
X, Y, 7 are partners sharing profits inthe futio of 5:3.2Z retires and the ratio botween X and Y is 32. Find out tihe gaining ratio?
yat
nswered
O a. V 1/2
Ob 32
Oc. 3/6 25
farked out of
PFlog
question
Quanton 7
bue nwhica eireumetcinces the s tine pattner muy decide toretire from the firm?
AFR 40)
ALL
F2
F3
F4
FS
F10
144
%24
3 r
5 0
7V
DI
F
HI
ct
V)
BY
AR
D2

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