[CBSE] Q. 14 solution of Retirement of Partner TS Grewal Class 12 (2023-24)

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

Aparna, Manisha and Sonia are partners sharing profits in the ratio of 3 : 2 : 1. Manisha retired and goodwill of the firm is valued at ₹ 1,80,000. Aparna and Sonia decided to share future profits in the ratio of 3 : 2. Pass necessary Journal entries.

[Ans.: Gaining Ratio = 3 : 7; Dr. Aparna’s Capital A/c by ₹ 18,000 and Sonia’s Capital A/c by ₹ 42,000; Cr. Manisha’s Capital A/c by ₹ 60,000.]

Solution:-

Here is the list of all Solutions of Retirement of Partners of TS Grewal class 12 CBSE 2023-24.

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Anurag Pathak

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