[CBSE] Q. 29 Change in profit sharing ratio Solution TS Grewal Class 12 (2023-24)
Are you looking for the solution to Question number 29 of the Change in Profit sharing ratio chapter 4 of TS Grewal Book class 12 CBSE 2023-24 Edition?
Question number 29 of Chapter 4 change in profit sharing ratio is a practical one.
Question – 29
Rajesh and Mahesh are partners in a firm sharing profit in the ratio of 3 : 2. Their Balance Sheet as at 31st March 2023 was as follows:

Goodwill of the firm is valued at ₹ 36,000 and the building at ₹ 90,000 on 31st March 2023. The partners decide to share profits equally with effect from 1st April 2023.
Pass the necessary accounting entries without affecting the existing figure of the building.
Solution:-



Here is the list of all 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 |