Q. 8 solution of Dissolution of Partnership Firm Chapter TS Grewal Book Class 12 2021-22

Are you looking for the solution of Question number 8 of the Dissolution of Partnership Firm Chapter of TS Grewal Book 2021-22 Edition for the 2021-22 session?

Question number 8 of the Dissolution of Partnership Firm chapter is a practical one.

Solution of Question Number 8 of Dissolution of Partnership Firm Chapter of TS Grewal Book 2021-22 Class 12

Question – 8

Pass necessary Journal entries for the following transactions on the dissolution of the firm of P and Q after the various assets (other than cash) and outside liabilities have been transferred to Realisation Account:

a) Bank Loan ₹12,000 was paid.

b) Stock worth ₹16,000 was taken over by partner Q.

c) Partner P paid a creditor ₹4,000.

d) An asset not appearing in the book of account realised ₹1,200

e) Expenses of realisation ₹2,000 were paid by partner Q.

f) Profit on realisation ₹36,000 was distributed between P and Q in 5:4 ratio.

Solution:-

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S.N	Link to Solution
1.	Question – 1
2.	Question – 2
3.	Question – 3
4.	Question – 4
5.	Question – 5
6.	Question – 6
7.	Question – 7
8.	Question – 8
9.	Question – 9
10.	Question – 10

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11.	Question – 11
12.	Question – 12
13.	Question – 13
14.	Question – 14
15.	Question – 15
16.	Question – 16
17.	Question – 17
18.	Question – 18
19.	Question – 19
20.	Question – 20

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22.	Question – 22
23.	Question – 23
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25.	Question – 25
26.	Question – 26
27.	Question – 27
28.	Question – 28
29.	Question – 29
30.	Question – 30

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33.	Question – 33
34.	Question – 34
35.	Question – 35
36.	Question – 36
37.	Question – 37
38.	Question – 38
39.	Question – 39
40.	Question – 40