P, Q and R have been sharing profits ratio 4:2:1. Q retires P and R takes Q's shares equally. Calculate new profit Sharing ratio and gaining ratio.

X, Y and Z are partners Sharing profits in the rat_io 2:3:5. Goodwill appearing in he books at Rs. 50,000. X retires on the day of x retirement goodwill is valued at Rs. 45000. Y and Z decided to share future profits equally. Pass the journal entries.

X, Y and Z are partners ratio 5:3:2 Goodwill not appear in the books of Rs. 1,00,000.X retires, Y and Z share of profit equally in future. You are required to make adjustment. Pass entry,

P, Q, R ratio is 2:3:5 Goodwill appears in their books at the value of Rs. 60,000; P retires at the time good will of Rs. 30,000. Pass the necessary journal entries.

A, B and C were partners ratio 6:4:5. B retires new profit sharing ratio A  and C 11:4. B's retirement value of goodwill is Rs. 1.80,000 pass entry.

X, Y and Z are partners sharing ratioof 2:3:5. Value of tbe goodwill of Rs. 50,000. X retires, and that day the value of good will is Rs. 45,000. X and Z decided to share future profits equally. Pass the entry.

S, T and U were partners with firm sharing ratio of 1:2:2 on 15.2.2017. S died and new profit sharing ratio of T and U was 3:2. On S's death the goodwill of the firm was valued at 60,000. Calculate gaining ratio. Pass the journal entry.