The profit on Realisation is 50000. X, Y, and Z are partners in a firm sharing profits 2:1:1. The capital ratio is 1:1:2. The profit on realisation transferred to X is ?

30000

No worries! We‘ve got your back. Try BYJU‘S free classes today!

20000

No worries! We‘ve got your back. Try BYJU‘S free classes today!

25000

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

2500

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Open in App

Solution

The correct option is C
25000

The profit on realisation transferred to X is

=2/4 * 50,000

=25,000

Suggest Corrections

Similar questions

General reserve shows a balance of 30,000. The profit sharing ratio of X, Y and Z is 3:2: 1. The capital ratio is 2:3:1. The amount transferred to realisation A/c is -

Realisation profit is 6,000 and profit sharing ratio of Harsha, Manisha and Kushagr is 3:2:1. The amount to be transferred to Kushagr's capital account is -