IPCC Accounting Paper-A brief Analysis

excuse me!!!

1/3 rd share means 1/3*3/5 4m amit nd

1/4th of  sumit share means 1/4*2/5 

hence da total ratio of puneet comes to 1/5+1/10=3/10

so new share of amiot is 3/5-1/5=2/5

new share of sumit is 2/5-1/10=3/10

    pls correct me if am wrong!!!!!

yeah!!dis is the correct one dude!!

Originally posted by : Bhavin Pathak-The One Man Army
	lets do the calculation * Puneet takes 1/3rd from Amit 3/5 = 3/5-1/3=(9-5)/15=4/5 * Puneet takes 1/4th from Sumit 2/5= 2/5-1/4=(8-5)/20=3/20 * Puneet's own share 1/3+1/4=(3+4)/12=7/12 Now you can see there is not uniformity in fractions so we have to multiply this with some numbers Amit = 4/5 x 4/4 = 16/60 Sumit = 3/20 x 3/3 = 9/60 Puneet= 7/12 x 5/5 = 35/60 Therefore new PSR = 16:9:35

did ur balance sheet tally...???

Calculation is to be done as said by ankit...

N i guess der is sum MIstake in NPO..

B'coz no1 got d ans...

hi,

can anyone tell me the answer for the question on amalgation, ie  th number of equity shares in purchase consideration???

183,750 equity shatres of rs.10 each,8paid up

new ratio is 4:3:3 hi hai

Hey the no.of equity shares for cosideration is 183750 only dude... Can anyone say in q.2 the cash absconded adjustment.. I adjusted in pand l a/c.. .Is that right or not ?? Pls do reply

hmm
i too got 4:3:3

 

well thanx for such analysis...

peace...!!!

Guys i really had to ask something. How in the world do u find time to put up such a big discussion for a exam which is already over ?? and i guess most of u are attempting exams till may !!! Shocked with such wastage of precious time  !!!!

Regards

Pravesh Jain

Hey Bhavin, I saw d paper and i dont think the psr question is tricky.Dont go by formulaes. It is logical that If one partner on admission wanted some % of profits  ,old partners have to sacrifice their part of profits equal to the % he wants multiplied by  their old psr. 

hey bhavin ratio is 4:3:3 

well analysed and well written

cheers

the new ratio is 4 : 3 : 3 

do refer the question, it states of and not from the old ratio. 

paper bahut hi easy