Solution to Question number 12 page of the Goodwill Chapter 2 TS Grewal Book CBSE Board 2024-25 Edition. Atul and Bipul had a firm in which they had invested ₹ 50,000. On average, the profits were ₹ 16,000. The normal…
Solution to Question number 11 page of the Goodwill Chapter 2 TS Grewal Book CBSE Board 2024-25 Edition. The Capital of the firm of Anuj and Benu is ₹ 10,00,000 and the market rate of interest is 15%. The annual…
Solution to Question number 10 page of the Goodwill chapter 2 TS Grewal Book CBSE Board 2024-25 Edition. Raman and Daman are partners sharing profits in the ratio of 60 : 40 and for the last four years they have…
Solution to Question number 9 page of the Goodwill Chapter 2 TS Grewal Book CBSE Board 2024-25 Edition. Profits of a firm for the year ended 31st March for the last five years were: Year Ended Profits (₹) 31st March,…
Solution to Question number 8 page of the Goodwill chapter 2 TS Grewal Book CBSE Board 2024-25 Edition. Sumit purchased Amit’s business on 1st April 2024. Goodwill was decided to be valued at two years’ purchase of average normal profit…
Solution to Question number 7 page of the Goodwill chapter 2 TS Grewal Book CBSE Board 2024-25 Edition. Abhay, Babu, and Charu are partners sharing profits and losses equally. They agree to admit Daman for an equal share of profits.…
Solution to Question number 6 page of the Goodwill Chapter 2 TS Grewal Book CBSE Board 2024-25 Edition Tarang purchased Jyoti’s business with effect from 1st April 2024. Profits shown by Jyoti’s Business for the last three financial years ended…
Solution to Question number 5 page of the Goodwill chapter 2 TS Grewal Book CBSE Board 2024-25 Edition. Madhu and Vidhi are partners sharing profits in the ratio of 3 : 2. They decided to admit Manu as a partner…
Solution to Question number 4 page of the Goodwill Chapter 2 TS Grewal Book CBSE Board 2024-25 Edition. Asin and Shreyas were partners sharing profits and losses in the ratio of 2 : 1. They admitted Shyam as a partner…
Solution to Question number 3 page of the Goodwill chapter 2 TS Grewal Book CBSE Board 2024-25 Edition. Purav and Purvi are partners in a firm sharing profits and losses in the ratio of 2 : 1. They admit Parv…
Solution to Question number 2 page of the Goodwill chapter 2 TS Grewal Book CBSE Board 2024-25 Edition. Profits for the five years ending 31st March are as follows: Year 2020 – ₹ 4,00,000; Year 2021 – ₹ 3,98,000; Year…
Solution to Question number 1 page of the Goodwill chapter 2 TS Grewal Book CBSE Board 2024-25 Edition. Goodwill is to be valued at three years’ purchase of four years’ average profit. Profits of the firm for the last four…
Solution of Question number 97 of the Fundamentals of partnership firm chapter TS Grewal Book CBSE 2024-25 Edition. Xen, Sam, and Tim are partners in a firm. For the year ended 31st March 2024, the profit of the firm ₹…
Solution of Question number 96of the Fundamentals of partnership firm chapter TS Grewal Book CBSE 2024-25 Edition. Three Chartered Accountants Abhijit, Baljit, and Charanjit form a partnership, profits being shared in the ratio of 3:2:1 subject to the following: a)…
Solution of Question number 95 of the Fundamentals of partnership firm chapter TS Grewal Book CBSE 2024-25 Edition. Ankur, Bhavna, and Disha are partners in a firm. On 1st April 2023, the balances in their capital accounts stood at ₹…
