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Arrange the following steps of 'adjustment of old partners' capital on the basis of incoming partner's capital in a correct order.<br>1. Ascertain the present capital of the old partners.<br>2. Calculation of total capital of firm on the basis of new partner's capital.<br>3. Finding the surplus/deficit capital.<br>4. Determining the new capital of each partner.<br>Select the correct answer:

Correct Answer: 2, 4, 1, 3

Arrange the following steps of adjustment of capital (reconstitution of firm) incorrect order.
1. Calculation of total capital of new firm.
2. Finding out the surplus/deficiency in each of partner's capital account.
3. Calculation of adjusted old capitals of partners.
4. Finding out the new capitals of partners.
Select the correct answer:

Arrange the steps of adjustment of partner's capital on the admission of a new partner in sequence.
1. Calculate the adjusted capital of old partners.
2. Calculate the proportionate capital of a new partner.
3. All adjustments should be made.
4. Calculate the total capital of new firm.
Select the correct answer:

A', 'B' and 'C' are partners in a partnership firm named A, B & C. 'A' retires from the firm without giving any public notice. Thereafter, an existing creditor lends Rs. ten lakh to the firm on the basis of his knowledge that 'A', 'B' and 'C' are the three partners in the firm. This amount remains unpaid by the firm. The creditor wants to recover the unpaid loan amount from the firm.

A, B and C are partners in a firm. C retires and X admitted as a new partner. The firm did not give a public notice on the change but continued its business in its old firm name. Z, a customer of the firm, deals with the firm after the change and the firm becomes indebted to him:

Arrange the following in correct sequence in the event of dissolution of a partnership firm.
1. If surplus, it is distributed among the partners.
2. The assets of the firm are realised.
3. Amount realised is applied towards repayment of liabilities to outsiders and loan taken from partners.
4. Capital contributed by partners is repaid.
Select the correct answer:

Three cats are roaming in a zoo n such a way that when cat A takes 5 steps, B takes 6 steps and C takes 7 steps.But the 6 steps of A are equal to the 7 steps of B and 8 steps of C. what is the ratio of their speeds?

Given, below are the steps related to constructing a scale of 1:50 to show meters and decimeters and the maximum length is 5 meters. Arrange the steps i. Then divide the 1st part into 10 equal divisions ii. Determining the length of scale 1/50 x 500 cm = 10 cm iii. Determining R.F. here it is 1/50 iv. Draw a line 10 cm long and divide it to 5 equal parts

Arrange the following in correct sequence in the event of dissolution of a partnership firm.
1. Residue, if any, divided among the partners.
2. Paying to each partner for his capital.
3. Paying the debts of third party.
4. Paying to each partner for advances made by him.
Select the correct answer:

X and Y are partners in the firm. Their profit sharing ratio is 2 : 3. Rs. 10,000 goodwill is appearing in the books. Z becomes new partner in the firm for $${\frac{1}{5}^{{\text{th}}}}$$ share. His share of goodwill is calculated as Rs. 15,000. Amount of goodwill credited to old partners capital account will be

Give the correct sequence of cut order planning in a garment industry.
1. Determining volume, size ratios for marker making and spreading.
2. Examining incoming orders and piece goods availability.
3. Developing instructions for optimum fabric utilisation.
4. Determining whether there are available markers or new markers have to be made.
5. Releasing orders for marker making, spreading and cutting.