[CBSE] Q. 21 Death of Partner Solution TS Grewal Class 12 (2024-25)

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Solution of Question number 21 of the Death of Partner Chapter of TS Grewal Book 2024-25 Edition CBSE Board.

Raman, Param and Karan were partners sharing profits and losses in the ratio of 3 : 2 : 1. Param died on 31st December, 2022. Accounts of the firm are closed on 31st March every year. Sales for the year ended 31st March, 2022 was ₹ 12,00,000 and sales for the nine months ended 31st December, 2022 was ₹ 6,00,000. Loss for the year ended 31st March, 2022 was ₹ 90,000. Calculate deceased partner’s share of profit/loss from the beginning of the accounting year up to 31st December, 2022.

[Ans.: Param’s Share of Loss – ₹ 15,000.]

Solution:-

Solutions of Death of Partner chapter 7 of TS Grewal Book class 12 Accountancy 2024-25 CBSE Board

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Anurag Pathak
Anurag Pathak

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