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…
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…