Question 21 to 24 (Accounting of Reserves, Accumulated Profits and Losses)
21 :- Bootstrap and Davy Jones partners sharing profits in the ratio of 2 : 1. On 31st March, 2025, their Balance Sheet showed General Reserve of Rs 60,000. It was…
Question 17 to 20 (Accounting of Reserves, Accumulated Profits and Losses)
17 :- A, B and C who are sharing profits and losses in the ratio of 5 : 3 : 2 decide to share future profits in the ratio of…
Question 12 to 16 (Accounting of Reserves, Accumulated Profits and Losses)
12 :- Nitya and Anand are partners in a firm sharing profits and losses equally. With effect from 1st April 2025, they decided to share future profits in the ratio…
Question 6 to 10 (Accounting of goodwill)
6 :- Asha, Nisha, and Disha shared profits and losses in the ratio of 3 : 2 : 1 respectively. With effect from 1st April 2025, they agreed to share…
X, Y and Z are partners sharing profits equally
7 :- X, Y and Z are partners sharing profits equally. They decided that in future Z will get 1/5th share in profits. On the day of change, Firm’s goodwill is…
Question 1 to 4 (Sacrificing and Gaining share)
1 :- Om and Shyam are sharing profits and losses equally. With effect from 1st April 2025, they agree to share profits in the ratio of 4:3. Calculate individual partner’s gain…
Posted inAccountancy Class 12 Textbook Solutions
TS Grewal Solution – Volume 1 – Partnership
This page helps student to get solution of TS Grewal Volume 1 - Partnership for class 12. The volume has 7 chapters and all the practical problems are solved and…