[CBSE] Q. 46 Dissolution of Partnership Firm Solution TS Grewal Class 12 2024-25
Solution to Question number 46 of the Dissolution of Partnership Firm Chapter of TS Grewal Book 2024-25 Edition for the CBSE Board.
The partnership between A and B was dissolved on 31st March, 2023. On that date the respective credits to the capitals were A – ₹ 1,70,000 and B – ₹ 30,000. ₹ 20,000 were owed by B to the firm; ₹ 1,00,000 were owed by the firm to A and ₹ 2,00,000 were due to the Trade Creditors. Profits and losses were shared in the proportions of 2/3 to A, 1/3 to B. The assets represented by the above stated net liabilities realised ₹ 4,50,000 exclusive of ₹ 20,000 owed by B. The liabilities were settled at book figures. Prepare Realisation Account, Partner’s Capital Accounts and Cash Account showing the distribution to the partners.
[Ans.: Loss on Realisation – ₹ 30,000.]
Solution:=
Here is the list of solutions
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| 1 | Question – 1 |
| 2 | Question – 2 |
| 3 | Question – 3 |
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| 11 | Question – 11 |
| 12 | Question – 12 |
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| 15 | Question – 15 |
| 16 | Question – 16 |
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| 18 | Question – 18 |
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| 31 | Question – 31 |
| 32 | Question – 32 |
| 33 | Question – 33 |
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| 37 | Question – 37 |
| 38 | Question – 38 |
| 39 | Question – 39 |
| 40 | Question – 40 |
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| 41 | Question – 41 |
| 42 | Question – 42 |
| 43 | Question – 43 |
| 44 | Question – 44 |
| 45 | Question – 45 |
| 46 | Question – 46 |
| 47 | Question – 47 |
| 48 | Question – 48 |
