[CBSE] Q. 16 Solution of Retirement of Partner TS Grewal Class 12 (2024-25)

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Solution to Question number 16 of the Retirement of Partner chapter 5 of TS Grewal Book 2024-25 Edition CBSE Board.

Aman, Bimal and Deepak are partners sharing profits in the ratio of 2 : 3 : 5. The goodwill of the firm has been valued at ₹ 37,500. Aman retired, Bimal and Deepak decided to share profits equally in future. Calculate gain/sacrifice of Bimal and Deepak on Aman’s retirement and also pass necessary Journal entry for the treatment of goodwill.

[Ans.: Bimal alone gains. Dr. Bimal’s Capital A/c and Cr. Aman’s Capital Aa/c by ₹ 7,500.]

Solution:-

Here is the list of all Solutions of Retirement of Partners of TS Grewal class 12 CBSE 2024-25.

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