17 :- Atul and Mithun are partners sharing profits in the ratio of 3 : 2. Balances as on 1st April 2024 were as follows:Capital accounts (fixed): Atul – Rs…
Question 16 :- X and Y are partners sharing profits in the ratio of 3 : 2 with capitals of Rs 8,00,000 and Rs 6,00,000 respectively. Interest on capital is…
Question 14:- Vinod and Mohan are partners. Vinod’s Capital is Rs 1,00,000 and Mohan’s Capital is Rs 60,000. Interest on Capital is payable @ 6% p.a. Vinod is to get…
TS Grewal Solutions (2025 - 26) - Accounting for partnership firm - Fundamentals 9 :- Akhil and Bimal are partners sharing profits in the ratio of 3 : 2. Akhil…
12 :- Atul, Jetha, and Tarak are partners sharing profits equally. Jetha was given a loan by the firm on 1st July, 2024 of Rs 6,00,000. Books are closed on…
11 :- Ankit, Bhanu, and Charu are partners in a firm sharing profits and losses equally with a capital of Rs 2,50,000 each. On 1st October, 2024, Ankit and Bhanu…
10 :- Nirmal and Pawan are partners sharing profits in the ratio of 3:2. The firm had given loan to Pawan of Rs 500,000 on 1st April, 2024. Interest was to…