Accountancy Class 12 Fundamental of Partnership

Neeraj and Surya are partners sharing profits and losses in the ratio of 2:1

54:- Neeraj and Surya are partners sharing profits and losses in the ratio of 2:1. Their capitals are Rs 4,00,000 and Rs 2,00,000 respectively. Neeraj is entitled to interest on…

Accountancy Class 12 Fundamental of Partnership

Question 51 to 53 (Transfer of profits to reserve)

TS Grewal Solutions (2025 - 26) - Accounting for partnership firm - Fundamentals 51 :- Amit, Binita, and Charu are the three partners. On 1st April 2024, their capitals stood…

Accountancy Class 12 Fundamental of Partnership

Ali and Bahadur are partners in a firm sharing profits and losses as Ali 70% and Bahadur 30%

53 :- Ali and Bahadur are partners in a firm sharing profits and losses as Ali 70% and Bahadur 30%. Their respective capitals as at 1st April 2024, stands as Ali…

Accountancy Class 12 Fundamental of Partnership

Sajal and Kajal are partners sharing profits and losses in the ratio of 2:1

52:- Sajal and Kajal are partners sharing profits and losses in the ratio of 2:1. On 1st April, 2024 their capitals were: Sajal – Rs 5,00,000 and Kajal – Rs 4,00,000Prepare…

Accountancy Fundamental of Partnership TS Grewal Vol - 1

Amit, Binita and Charu are three partners

51 :- Amit, Binita, and Charu are the three partners. On 1st April, 2024, their capitals stood as: Amit Rs 1,00,000, Binita Rs 2,00,000, and Charu Rs 3,00,000. It was…

Accountancy Class 12 Fundamental of Partnership

Question 47 to 50 (Profit and Loss Appropriation Account)

TS Grewal Solutions (2025 - 26) - Accounting for partnership firm - Fundamentals 47 :- Amit and Vijay started a partnership business on 1st April, 2024. Capital invested by them were…

Accountancy Class 12 Fundamental of Partnership

Yadu, Vidu and Radhu were partners in a firm sharing profits in the ratio of 4:3:3

50 :- Yadu, Vidu and Radhu were partners in a firm sharing profits in the ratio of 4:3:3. Their fixed capitals on 1st April, 2018 were Rs 9,00,000 , 5,00,000 and…

Accountancy Class 12 Fundamental of Partnership

A and B are partners sharing profits and losses in the ratio of 3:1

48 :- A and B are partners sharing profits and losses in the ratio of 3 : 1. On 1st April 2024, their capitals were: A - Rs 5,00,000 and…

Accountancy Class 12 Fundamental of Partnership

Amit and Vijay started a partnership business on 1st April, 2024

47 :- Amit and Vijay started a partnership business on 1st April 2024. Capital invested by them were Rs 2,00,000 and Rs 1,50,000 respectively. The partnership deed provided as follows: Interest…

Accountancy Class 12 Fundamental of Partnership

Question 42 to 46 (Calculation of interest on Partner’s drawings, Amount of Drawings and Rate of interest on drawings)

TS Grewal Solutions (2025 - 26) - Accounting for partnership firm - Fundamentals 42 :- B and C are partners sharing profits equally. C regularly withdrew Rs 5,000 per month…