[CBSE] Q. 32 Solution of Admission of Partner TS Grewal Class 12 (2024-25)

Solution to Question number 32 of the Admission of Partner chapter 5 of TS Grewal Book 2024-25 Edition CBSE Board?

A and b are partners sharing profits in the ratio of 2 : 1. They admit C for 1/4th share in profits. C brings in ₹ 30,000 for his capital and ₹ 8,000 out of his share of ₹ 10,000 for goodwill. Before admission, goodwill existed in the books at ₹ 18,000. Pass Journal entries to give effect to the above arrangement.

[Ans.: (I) Dr. A’s Capital A/c by ₹ 12,000 and B’s Capital A/c by ₹ 6,000; Cr. Goodwill A/c by ₹ 18,000. (ii) Dr. Bank A/c by ₹ 38,000; Cr. C’s Capital A/c by ₹ 30,000 and Premium for Goodwill A/c by ₹ 8,000. (iii) Dr. Premium for Goodwill A/c by ₹ 8,000 and C’s Current A/c by ₹ 2,000; Cr. A’s Capital A/c by ₹ 6,667 and B’s Capital A/c by ₹ 3,333.]

Solution:-

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

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
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10	Question – 10

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11	Question – 11
12	Question – 12
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16	Question – 16
17	Question – 17
18	Question – 18
19	Question – 19
20	Question – 20

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21	Question – 21
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30	Question – 30

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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

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41	Question – 41
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43	Question – 43
44	Question – 44
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46	Question – 46
47	Question – 47
48	Question – 48
49	Question – 49
50	Question – 50

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51	Question – 51
52	Question – 52
53	Question – 53
54	Question – 54
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56	Question – 56
57	Question – 57
58	Question – 58
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60	Question – 60

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61	Question – 61
62	Question – 62
63	Question – 63
64	Question – 64
65	Question – 65
66	Question – 66
67	Question – 67
68	Question – 68
69	Question – 69
70	Question – 70

S.N	Questions
71	Question – 71
72	Question – 72
73	Question – 73
74	Question – 74
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76	Question – 76
77	Question – 77
78	Question – 78