[CBSE] Q. 48 solution of Retirement of Partner TS Grewal Class 12 (2026-27)

Solution to Question number 48 of the Retirement of Partner chapter 5 of TS Grewal Book 2026-27 Edition CBSE Board.

N, S and B were partners in a firm sharing profits and losses in proportion of 1/2, 1/6 and 1/3 respectively. The Balance Sheet of the firm as at 31st March, 2017 was as follows:

Solution:-