Question 1 :
A,B, C and D are four partners in a firm sharing profits and loss in the ratio of 18:15:18:3, D retires from the firm and his share of profit is purchased by the remaining partners A,B and C as 1/54,1/54 and 1/54.<br/>What is the gaining ratio remaining partners?
Question 2 :
X,Y and Z are partner sharing profits in the ratio of $5:3:2$. If $Y$ retires then the new ratio will be______.
Question 3 :
Profit or loss on revaluation of assets and liabilities is transferred to __________.
Question 4 :
X,Y and Z are partner sharing profits in the ratio of $5:3:2$. If $Y$ retires then the new ratio will be______.
Question 5 :
On the admission of a new partner, the decrease in the value of assets is debited to:<br/>
Question 6 :
Goodwill brought in by an incoming partner in cash for joining a partnership firm is taken away by the old partners in their ______. 
Question 8 :
X and Y are sharing profits in the ratio of 2: 1. They admitted Z into the firm with 1/4 shares in profits for which he brings 15,000 as his share of capital. The partners decide to have their capitals according to the new profit sharing ratio. As a result, the adjusted capital of Y will be:
Question 9 :
A and B are partners sharing profits in the ratio of <span class="MathJax_Preview"></span><span class="MathJax"><span class="math"><span><span class="mrow"><span class="mn">2<span class="mo">:</span><span class="mn">1</span></span></span></span></span><span class="MJX_Assistive_MathML">2:1</span></span>. C is admitted for $1/5$th share. The new profit sharing ratio will be _________.<br/>
Question 10 :
X and Y share profit and losses in the ratio of $4:3$ they admit Z in the firm it $3/7$ share which he gets $2/7$ from X and $1/7$ from C. The new profit sharing ratio will be __________ .
Question 11 :
A and B are partners sharing the profit in the ratio of 3 : 2 they take C as the new partner, who brings in 25,000 against capital and 10,000 against goodwill. New profit sharing ratio is 1 : 1 : 1. In what ratio will this amount be shared among the old partners A and B?
Question 12 :
$X, Y, Z$ are sharing profits in the ratio of $6 : 5 : 3$. A is admitted into partnership for $1/8th$ share. The sacrificing ratio of $X, Y$ and $Z$ is :
Question 13 :
A and B are partners sharing profits and losses in the ratio of 5 : 3. They admit C. It is decided that the profit sharing ratio between A, B and C will be 25: 15: 9. The sacrificing ratio will be ______. <br/>
Question 14 :
Decreased in liability at the time of retirement of a partner is _________.
Question 15 :
X, Y and Z are partners sharing profits & losses in the ratio of 4/9:1/3:2/9 respectively. Y retires and surrenders 13/72nd from his share in favour of X and the remaining In support of Z. The gaining ratio will be ______. 
Question 16 :
Decrease in liability at the time of retirement of partner is ________.
Question 17 :
Increase in liability at the time of retirement of partner is _______.
Question 18 :
A, B & C partners in a firm sharing profits losses in the ratio of 4:3:2. B decided to retire from the firm. B gives his share to A & C in ratio of 3:1. What is the gain ratio?
Question 19 :
Increase in assets at the time of retirement of partner is _______.
Question 20 :
A,B & Care partners sharing profits losses in the ration of $4:3:2$. B decided to retire form the firm. Calculate the new profit sharing ratio of A & C if gives his share to A & C in ratio of $3:1$.
Question 21 :
X, Y & Z are partners sharing profits and losses in the ratio of 3:2:1. Y retired from the firm. New profit sharing ratio between X & Z is 5:3. What is the gain ratio of the partners X & Z?
Question 23 :
A,B and C are sharing profit and loss in the ratio of 4:3:2,B retires and remaining partner agree to share profit in the ratio of 5:3 and decides not to raise goodwill a/c. Goodwill of the firm is valued at Rs.72,000. What would be the adjustment entry________.
Question 24 :
A, B & C partners in a firm sharing profits losses in the ratio of 4:3:2. B decided to retire from the firm. Calculate the new profit sharing ratio of A & C if B gives his share to A & C in the original ratio of A & C.
Question 25 :
There are three partners P,Q and R sharing profit and loss in the ratio of 4:5:3. Q retires, and the remaining partners agreed to share profit and loss in future in the ratio of 7:8. What is the gaining ratio of the old partners?