[CBSE] Q. 19 Solution of Retirement of Partner TS Grewal Class 12 (2023-24)
Solution to Question number 19 of the Retirement of Partner chapter 5 of TS Grewal Book 2023-24 Edition CBSE Board?
M, N and O are partners in a firm sharing profits in the ratio of 3 : 2 : 1. Goodwill has been valued at ₹ 60,000. On N’s retirement, M and O agree to share profits equally. Pass the necessary Journal entry for treatment of N’s share of goodwill.
[Ans.: Only O is gaining; Dr. O’s Capital A/c and Cr. N’s Capital A/c by ₹ 20,000.]
Solution:-
Here is the list of all Solutions of Retirement of Partners of TS Grewal class 12 CBSE 2023-24.
S.N | Questions |
1 | Question – 1 |
2 | Question – 2 |
3 | Question – 3 |
4 | Question – 4 |
5 | Question – 5 |
6 | Question – 6 |
7 | Question – 7 |
8 | Question – 8 |
9 | Question – 9 |
10 | Question – 10 |
S.N | Questions |
11 | Question – 11 |
12 | Question – 12 |
13 | Question – 13 |
14 | Question – 14 |
15 | Question – 15 |
16 | Question – 16 |
17 | Question – 17 |
18 | Question – 18 |
19 | Question – 19 |
20 | Question – 20 |
S.N | Questions |
21 | Question – 21 |
22 | Question – 22 |
23 | Question – 23 |
24 | Question – 24 |
25 | Question – 25 |
26 | Question – 26 |
27 | Question – 27 |
28 | Question – 28 |
29 | Question – 29 |
30 | Question – 30 |
S.N | Questions |
31 | Question – 31 |
32 | Question – 32 |
33 | Question – 33 |
34 | Question – 34 |
35 | Question – 35 |
36 | Question – 36 |
37 | Question – 37 |
38 | Question – 38 |
39 | Question – 39 |
40 | Question – 40 |