[CBSE] Q. 47 Solution of Admission of Partner TS Grewal Class 12 (2024-25)

Solution to Question number 47 of the Admission of Partner chapter 5 of TS Grewal Book 2024-25 Edition CBSE Board?

Om and Shiv are partners in a firm sharing profits equally.

Liabilities	₹	Assets	₹
		Debtors 1,50,000 Less: Provisoin for Doubtful Debts 15,000	1,35,000

An amount of ₹ 12,000 due from Mohan, a debtor, is to be written off as no longer receivable. Provision for Doubtful Debts on remaining debtors is to be maintained at the current rate.

What amount of Provisoin for Doubtful Debts should be credited to maintain its current rate?

[Ans.: ₹ 10,800]

Solution:-

Here is the list of all Solutions of Admission of Partners of TS Grewal class 12 CBSE 2024-25.

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