[ISC] Q. 71 Solution of Admission of Partner TS Grewal Accounts Class 12 (2024-25)

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Solution to Question number 71 of the Admission of partner chapter 3 of TS Grewal Book 2024-25 Edition ISC/CISCE Board.

Fateh, Vipin and Ishant are partners sharing profits and losses in the ratio of 3 : 2 : 1. Manoj is admitted as a new partner on 1st April, 2023 for 1/6th share and is to bring ₹ 1,25,000 as Capital. Following is Balance Sheet of the firm as at 31st March, 2023:

Solution:-

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

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Anurag Pathak
Anurag Pathak

Anurag Pathak is an academic teacher. He has been teaching Accountancy and Economics for CBSE students for the last 18 years. In his guidance, thousands of students have secured good marks in their board exams and legacy is still going on. You can subscribe his Youtube channel for free lectures

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