[ISC] Q. 69 Solution of Admission of Partner TS Grewal Accounts Class 12 (2023-24)

Anurag Pathak
July 16, 2023
[ISC] Admission of Partner TS Grewal class 12 (2023-24)

Solution to Question number 69 of the Admission of partner chapter 3 of TS Grewal Book 2023-24 Edition ISC/CISCE Board?

Amit, Brajesh and Kant are partners sharing profits and losses in the ratio of 3 : 2 : 1. Hari is admitted as a new partner on 1st April, 2023 for 1/4th share and is to pay ₹ 2,50,000 as capital. Following is the Balance Sheet of the firm as at 31st March, 2023.

Solution:-

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