Parul, Paresh and Rahul are partners in a firm
13 :- Parul, Paresh, and Rahul are partners in a firm. The firm gave a loan to Rahul on 1st February, 2025 of Rs 6,00,000. Interest was agreed to be…
Atul, Jetha and Tarak are partners sharing profits equally
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…
Ankit, Bhanu and Charu are partners in a firm sharing profits and losses equally with capital of Rs 2,50,000 each
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…
Nirmal and Pawan are partners sharing profits in the ratio of 3:2
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…
Akhil and Bimal are partners sharing profits in the ratio of 3:2.
9 :- Akhil and Bimal are partners sharing profits in the ratio of 3 : 2. Akhil gave a loan to the firm of Rs 1,00,000 on 1st January 2025.…
Akhil, Sunil and Parvesh are partners sharing profits in the ratio of 3:2:1
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…
Bat and ball are partners sharing profits in the ratio of 3:2:1
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,…
Question 1 to 5 (Partnership deed)
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…
Harshad and Dhiman are in partnership since 1st April 2024
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…
Barun, Tarun and Shivam are partners in a firm and do not have a partnership deed.
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…