[CBSE] Q. 16 Death of Partner Solution TS Grewal Class 12 (2023-24)
Solution of Question number 16 of the Death of Partner Chapter of TS Grewal Book 2023-24 Edition CBSE Board.
Manoj, Rakesh and Harsh were partners sharing profits in the ratio of 2 : 2 : 1. Manoj died on 30th June, 2022. Rakesh and Harsh decided to continue the business. Share of profit or loss of the deceased partner from the beginning of the year up to the date of death was to be determined on the basis of last year’s profit. Last year’s loss was ₹ 2,00,000.
Pass necessary Journal entry to record Manoj’s share of profit/loss up to the date of death.
[Ans.: Dr. Manoj’s Capital A/c & Cr. Profit & Loss Suspense A/c by ₹ 20,000.]
Solution:-
Solutions of Death of Partner chapter 7 of TS Grewal Book class 12 Accountancy 2023-24 CBSE Board
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| 11 | Question – 11 |
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| 31 | Question – 31 |
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| 37 | Question – 37 |
