Solution of Question Number 6 of the Fundamentals of partnership firm DK Goel CBSE Board (2024-25) Q. 6 X and Y are partners with capitals of ₹ 1,00,000 and ₹ 80,000 respectively on 1st April, 2022 and their profit sharing…
Solution of Question Number 7 of the Fundamentals of partnership firm DK Goel CBSE Board (2024-25) Asha and Lata are partners sharing profits in the ratio of 1 : 2. Asha is entitled to a salary of ₹ 2,00,000 p.a.…
Solution of Question Number 5 of the Fundamentals of partnership firm DK Goel CBSE Board (2024-25) Q. 5 (A). On 1st April, 2023 A and B commenced business with Capitals of ₹ 6,00,000 and ₹ 2,00,000 respectively. On 31st March,…
Solution of Question Number 4 of the Fundamentals of partnership firm DK Goel CBSE Board (2024-25) X, Y and Z are partners in a firm. Their Capitals as on April 1, 2022 were ₹ 5,00,000; ₹ 4,00,000 and ₹ 3,00,000…
Solution of Question Number 3 of the Fundamentals of partnership firm DK Goel CBSE Board (2024-25) Girish and Satish are partners in a firm. Their Capitals on April 1, 2023 were ₹ 5,60,000 and ₹ 4,75,000 respectively. On August 1,…
Solution of Question Number 2 of the Fundamentals of partnership firm DK Goel CBSE Board (2024-25) X and Y are partners sharing profits in the ratio of 2 : 1. The undermentioned trial balance was extracted from their books as…
Solution of Question Number 1 of the Fundamentals of partnership firm DK Goel CBSE Board (2024-25) X and Y are partners in a firm. They do not have any partnership deed. What should be done in the following cases:- (a)…
Solution of Question number 28 Journal TS Grewal class 11 ISC 2024-25. Pass Journal entries in the books of Puneet, Delhi for the following: (i) Received an order from karan & Co. for supply of goods of ₹ 50,000. (ii)…
Solution of Question number 26 Journal TS Grewal class 11 ISC 2024-25. Mittal Cycles purchased 100 cycles from Hero Cycles, Ludhiana (Punjab) @ 1,200 per cycle. Hero Cycles allows 10% Trade Discount and 3% Cash Discount if payment is made…
Solution of Question number 27 Journal TS Grewal class 11 ISC 2024-25. Oswal Woolen Mills, Amritsar (Punjab) sold shawls to Gupta Shawls, Jaipur as per details: Sold 100 shawls @ ₹ 200 per shawl on 4th January, 2022. Trade Discount…
Solution of Question number 25 Journal TS Grewal class 11 ISC 2024-25. Pass Journal entries to record the following transactions in the books of Subasis Sarkar, Kolkata: (i) Purchased from Kamal Banerjee, Kolkata as per details: (a) List Price ₹…
Solution of Question number 24 Journal TS Grewal class 11 ISC 2024-25. Journalise the following transactions of Pradeep in his books: (i) M. Sudarshan owes ₹ 2,850 and pays ₹ 2,775 in settlement. (ii) M/s Agarkar & Co. who owed…
Solution of Question number 23 Journal TS Grewal class 11 ISC 2024-25. On 1st April, 2023, the position of Murari Bros. was as follows: Stock ₹ 2,88,000; Bills Payable ₹ 48,000; Cash at Bank ₹ 2,16,000; Plant and Machinery ₹…
Solution of Question number 22 Journal TS Grewal class 11 ISC 2024-25. On 1st April, 2023, the position of Rahman was as follows: Cash in Hand ₹ 11,200; Cash at Bank ₹ 2,57,600; Bills Receivable ₹ 68,800; Jai Ram (Dr.)…
Solution of Question number 21 Journal TS Grewal class 11 ISC 2024-25. Journalise the following transactions: 2022(a) Shyam became insolvent. A first and final compensation of 75 paise in a rupee was received from his official receiver. He owed a…
