Ultimate Book of Accountancy Class 12 Part A Solutions - Retirement You can buy this text book from here: http://amzn.to/2s2YSxN Practical Problems Solution 1: (a) New share when X retires = 2:1 New share when Y retires = 2:1 New share when Z retires = 1:1 (b) Rohan's share 5/20 this share is taken by Sandeep and Mukesh equally 5/20 x 1/2 = 5/40 OR 1/8 New share of … [Read more...]