[CBSE] Q. 12 Death of Partner Solution TS Grewal Class 12 (2024-25)

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Solution of Question number 12 of the Death of Partner Chapter of TS Grewal Book 2024-25 Edition CBSE Board.

A, B and C are partners sharing profits and losses in the ratio of 3 : 2 : 1. B died on 30th June, 2022, For the year ended 31st March, 2023, proportionate profits of 2022 is to be taken into consideration. During the year ended 31st March, 2023, bad debts of ₹ 2,000 had to be adjusted. Profit for the year ended 31st March, 2022 was ₹ 14,000 before adjustment of bad debts. Calculate B’s share of profit till the date of his death.

[Ans.: B’s Share of Profit – ₹ 1,000.]

Solution:-

Solution:-

Solutions of Death of Partner chapter 7 of TS Grewal Book class 12 Accountancy 2024-25 CBSE Board

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Anurag Pathak

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