[CBSE] Q. 27 Solution of Dissolution of Partnership Firm Chapter TS Grewal Class 12 (2023-24)
Solution to Question number 27 of the Dissolution of Partnership Firm Chapter of TS Grewal Book 2023-24 Edition for the CBSE Board?
Mike and Ajay are partners sharing profits and losses in ratio of the capitals. They decided to dissolve their firm on 31st March, 2022, the date on which the Balance Sheet stood as under:
Solution:-
Here is the list of solutions
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 |
Your solutions are very accurate most of times I am grateful for you solutions but I want point down a mistake in the realisation a/c of this question (no. 27) in workmen compensation reserve you have written 40,000 instead of 1,00,000 I’ll expect that you change that mistake of yours and correct it as soon as possible in the end thanks for all your solutions.
wcr is transferred upto the claim paid in realisation accounts. solution is correct.
The WCR is transferred to the credit of Realisation account only up to the claim. As claim is only 40,000. the WCR will also be transferred up to only ₹ 40,000. rest ₹ 60,000 will be distributed among partner’s in old ratio.