[CBSE] Q. 107 DK Goel Fundamentals of Partnership [2024-25]

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Solution of Question Number 107 of the Fundamentals of partnership firm DK Goel CBSE Board (2024-25).

X, Y and Z are partners sharing profits and losses in the ratio of 3 : 2 : 1 with a minimum profit of ₹ 1,00,000 for Z . the profits for the year ended March 31, 2023 amounted to ₹ 4,80,000. Pass necessary journal entries in the books of the firm.

[Ans. Share of Profits X ₹ 2,28,000; Y ₹ 1,52,000 and Z ₹ 1,00,000]

Solution:-

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60Question – 60(A), 60(B), 60 (C)
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Anurag Pathak
Anurag Pathak

Anurag Pathak is an academic teacher. He has been teaching Accountancy and Economics for CBSE students for the last 18 years. In his guidance, thousands of students have secured good marks in their board exams and legacy is still going on. You can subscribe his Youtube channel for free lectures

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