[CBSE] Q. 14 DK Goel Fundamentals of Partnership [2024-25]

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Solution of Question Number 14 of the Fundamentals of partnership firm DK Goel CBSE Board (2024-25)

A, B and C are partners sharing the profits and losses in the ratio of 2 : 3 : 5. On 1st July, 2023, A and B granted loans of ₹ 2,00,000 and ₹ 1,00,000 respectively to the firm. Show the distribution of profits/losses for the year ended 31st March, 2024, in the following cases:

Case (a) If the profits before interest for the year amounted to ₹ 7,500.

Case (b) If the loss before interest for the year amounted to ₹ 7,500.

[Ans.]

Case (a) Share of Loss A ₹ 1,200; B ₹ 1,800 and C ₹ 3,000;

Case (b) Share of Loss A ₹ 4,200; B ₹ 6,300 and C ₹ 10,500;]

Solution:-

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1Question – 1
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60Question – 60(A), 60(B), 60 (C)
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110Question – 110
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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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