[CBSE] Q. 3 Dissolution of Partnership Firm Solution TS Grewal Class 12 (2026-27)

Solution to Question number 3 of the Dissolution of Partnership Firm Chapter of TS Grewal Book (2026-27) Edition for the CBSE Board.

What Journal entry will be passed when the unrecorded furniture of ₹ 20,000 is taken by X a partner at ₹ 15,000 on the dissolution of the firm?

[Ans. Dr. X’s Capital A/c and Cr. Realisation A/c by ₹ 15,000.]

Solution:-