Following differences have arisen among P, Q and R. State who is correct in each case:
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…
Mahesh, Ramesh and Suresh are partners in a firm
2 :- Mahesh, Ramesh, and Suresh are partners in a firm. They do not have a Partnership Deed. At the end of the first year of the Business, they faced…
Sita and Geeta are partners in a firm sharing profits in the ratio of 3:2
6 :- Sita and Geeta are partners in a firm sharing profits in the ratio of 3:2. They had given loan to the firm of Rs 30,000 in their profit-sharing…
Question 6 to 8 (Interest on loan by partner to the firm)
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…
In the absence of partnership deed, State the provisions of the partnership act, 1932 relating to
1 :- In The absence of a Partnership Deed, State the provisions of the Partnership Act, 1932 relating to: a) Salaries of Partnersb) Interest on partner’s capitalsc) Interest on loan…
TS Grewal Volume 1 Solutions 2025 – 26 Chapter 1 – Accouting for partnership firms – Fundamentals
Question 1 to 5 (Partnership Deed)Question 6 to 8 (Interest on loan by partner to the firm)Question 9 to 13 (Interest on Loan to the firm by Partner and Loan…