8:- Akhil, Sunil, and Parvesh are partners sharing profits in the ratio of 3 : 2 : 1. Opening balance of loan by Sunil account was Rs 300,000. Interest payable…
7 :- Bat and Ball are partners sharing the profits in the ratio of 2 : 3 with capitals of Rs 1,20,000 and Rs 60,000 respectively. On 1st October 2024,…
TS Grewal Solutions (2025 - 26) - Accounting for partnership firm - Fundamentals 1 :- In The absence of a Partnership Deed, State the provisions of the Partnership Act, 1932…
5 :- Harshad and Dhiman are in partnership since 1st April 2024. No Partnership agreement was made. They contributed Rs 4,00,000 and Rs 1,00,000 respectively as capitals. In addition, Harshad…
4 :- Barun, Tarun, and Shivam are partners in a firm and do not have a partnership Deed. Barun introduced further capital of Rs 5,00,000 on 1st October 2024. Whereas…
3 :- Following differences have arisen among P, Q and R. State who is correct in each case:(a) P used Rs 50,000 belonging to the firm and earned a profit…
TS Grewal Solutions (2025 - 26) - Accounting for partnership firm - Fundamentals 6. Sita and Geeta are partners in a firm sharing profits in the ratio of 3:2. They…
This page helps student to get solution of TS Grewal Volume 1 - Partnership for class 12. The volume has 7 chapters and all the practical problems are solved and…