A and B are partners in the ratio of 3:2.
27 :- A and B are partners in the ratio of 3 : 2. The firm maintains Fluctuating Capital Accounts and the balance of the same as on 31st March,…
Question 26 (When interest on capital is an Appropriation of profits and profits are inadequate)
On 1st April, 2013, Jay and Vijay entered into a partnership for supplying laboratory equipments to government schools situated in remote and backward areas TS Grewal Solutions (2025 - 26)…
Question 23 to 25 (Fluctuating capital)
TS Grewal solutions : Accounting for partnership firms - Fundamentals 23 :- Anita and Ankita are partners sharing profits equally. Their capitals, maintained following Fluctuating Capital Accounts Method, as on…
Naresh and Sukesh are partners with capitals of Rs 3,00,000 each as on 31st March 2025
25:- Naresh and Sukesh are partners with Capitals of Rs 3,00,000 each as on 31st March, 2025. Naresh and withdrew Rs 50,000 against capital on 1st October 2024 and Rs…
Ashish and Aakash are partners sharing profits in the ratio of 3:2
24 :- Ashish and Aakash are partners sharing profits in the ratio of 3:2. Their capitals accounts have credit balances of Rs 5,00,000 and Rs 6,00,000 respectively as on 31st…
Arita and Ankita are partners sharing profits equally.
23:- Anita and Ankita are partners sharing profits equally. Their capitals, maintained following Fluctuating Capital Accounts Method, as on 1st April 2024 were Rs 5,00,000 and Rs 4,00,000 respectively. Partnership…
Question 20 to 22 (Fixed Capital)
TS Grewal Solutions (2025 - 26) - Accounting for partnership firm - Fundamentals 20 :- Amit and Sumit entered into a partnership on 1st April 2024 and invested Rs 1,50,000…
Simran and Reema are partners sharing profits in the ratio of 3:2
22 :- Simran and Reema are partners sharing profits in the ratio of 3 : 2. Their capitals as on 1st April, 2024 were Rs 2,00,000 each whereas Current Accounts…
Amit and Sumit entered into partnership on 1st April, 2024 and invested Rs 1,50,000 and Rs 2,50,000 respectively
20 :- Amit and Sumit entered into a partnership on 1st April 2024 and invested Rs 1,50,000 and Rs 2,50,000 respectively as capital. The Partnership Deed provided for interest on…
Question 14 to 19 (Profit and loss appropriation account)
TS Grewal Solutions (2025 - 26) - Accounting for partnership firm - Fundamentals 14 :- Vinod and Mohan are partners. Vinod’s Capital is Rs 1,00,000 and Mohan’s Capital is Rs…