Amrit, Bhanu and Charu were partners in a firm sharing
56 :- Amrit, Bhanu and Charu were partners in a firm sharing profits equally. Bhanu retired on 30th September 2023. Profit till the date of retirement was to be estimated…
Posted inRetirement of a partner TS Grewal Vol - 1
Ashok, Bhaskar and Chaman were in partnership sharing
38 :- Ashok, Bhaskar and Chaman were in partnership sharing profits and losses equally. ‘Bhaskar’ retires from the firm. After adjustments, his capital account shows a credit balance of Rs…
Posted inRetirement of a partner TS Grewal Vol - 1
Alfa, Beta and Gama are in a partnership sharing profits in the ratio
31 :- Alfa, Beta and Gama are in a partnership sharing profits in the ratio of 5:3:2. Their balance sheet on 1st April 2025, the day Beta decided to retire from…