[CBSE] Q. 10 Death of Partner Solution TS Grewal Class 12 (2023-24)

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Solution of Question number 10 of the Death of Partner Chapter of TS Grewal Book 2023-24 Edition CBSE Board.

Anil, Sunil and Hari were partners sharing profits equally. Suni died on 31st December 2022. In terms of the partnership deed, accounts were prepared for the period ended 31st December 2022 and net profit was determined at ₹ 6,00,000. Pass the Journal entry for the profit share of the partners.

[Ans.: Dr. Profit & Loss Appropriation A/c by ₹ 6,00,000; Cr. Anil’s Capital A/c by ₹ 2,00,000; Sunil’s Capital A/c by ₹ 2,00,000 and Hari’s Capital A/c by ₹ 2,00,000.]

Solution:-

Solutions of Death of Partner chapter 7 of TS Grewal Book class 12 Accountancy 2023-24 CBSE Board

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Anurag Pathak
Anurag Pathak

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