[CBSE] Q. 14 Solution of Admission of Partner TS Grewal Accounts Class 12 (2023-24)

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Solution to Question number 14 of the Admission of Partner chapter 5 of TS Grewal Book 2023-24 Edition CBSE Board?

Gautam and Yashica are partners sharing profits and losses in the ratio of 3 : 2. They admit Asma into partnership. Gautam gives 1/3rd of his share while Yashica gives 1/10th from his share to Asma. Calculate new profit-sharing ratio and sacrificing ratio.

[Ans.: New Profit Sharing Ratio – 4 : 3 : 2; Sacrificing Ratio – 2 : 1.]

Solution:-

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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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