Mannu and Shristi are partners in a firm sharing profits in the ratio of 3:2
71 :- Mannu and Shrishti are partners in a firm sharing profits in the ratio of 3 : 2. Following information is of the firm as on 31st March 2025:…
Piya and Bina are partners in a firm sharing profits and losses in the ratio of 3:2
70 :- Piya and Bina are partners in a firm sharing profits and losses in the ratio of 3 : 2. Following was the Balance Sheet of the firm as…
Mudit, Sudhir and Uday are partners in a firm sharing profits in the ratio of 3:1:1
69 :- Mudit, Sudhir, and Uday are partners in a firm sharing profits in the ratio of 3 : 1 : 1. Their fixed capital balances are Rs 4,00,000, ₹Rs…
Mohan, Vijay and Anil are partners, the balances of capital accounts being Rs 30,000, Rs 25,000 and Rs 20,000 respectively
68 :- Mohan, Vijay and Anil are partners, the balances of capital accounts being Rs 30,000, Rs 25,000 and Rs 20,000 respectively. In arriving at these amounts profits for the…
Question 67 to 72 (Adjustments for incorrect appropriations in the past)
TS Grewal Solutions (2025 - 26) - Accounting for partnership firm - Fundamentals 67 :- On 31st March, 2025, after the closing of the accounts, Capital accounts of P, Q and…
Pranav, Karan and Rahim were partners sharing profits in the ratio of 3:2:1
66:- Pranav, Karan and Rahim were partners sharing profits in the ratio of 3:2:1. Their capitals were Rs 5,00,000, Rs 3,00,000 and Rs 2,00,000 respectively as on 1st April 2024. According…
A, B and C were partners
65 :- A, B and C were partners. Their fixed capitals were Rs 60,000, Rs 40,000 and Rs 20,000 respectively. Their profit-sharing ratio was 2:2:1. According to the partnership deed,…
Mita and Usha are partners in a firm sharing profits in the ratio of 2:3
64:- Mita and Usha are partners in a firm sharing profits in the ratio of 2:3. Their capital accounts as on 1st April, 2015 showed balances of Rs 1,40,000 and Rs…
Simrat and Bir are partners in a firm sharing profits and losses in the ratio of 3:2
63:- Simrat and Bir are partners in a firm sharing profits and losses in the ratio of 3:2. On 31st March, 2025 after closing the books of account, their capital accounts…
Question 62 to 66 (Adjustments for incorrect appropriations in the past)
TS Grewal Solutions (2025 - 26) - Accounting for partnership firm - Fundamentals 62:- Ram, Mohan and Sohan were partners sharing profits in the ratio of 2:1:1. Ram withdrew Rs…