[CBSE] Q. 34 Death of Partner Solution TS Grewal Class 12 (2026-27)

Solution of Question number 34 of the Death of Partner Chapter of TS Grewal Book 2026-27 Edition CBSE Board.

Ram, Mohan and Sohan were partners sharing profits and losses in the ratio of 5 : 3 : 2. On 31st March, 2025, their Balance Sheet was:

Liabilities	₹	Assets	₹
Ram Mohan Sohan	1,50,000 1,25,000 75,000	Land	1,25,000
Sundry Creditors	1,55,000	Patents	30,000
Workmen’s Compensation Reserve	30,000	Machinery	1,50,000
		Stock	1,90,000
		Cash at Bank	40,000
	5,35,000		5,35,000

Sohan died on 1st August, 2025. It was agreed that:

(i) Goodwill of the firm is to be valued at ₹ 1,75,000.

(ii) Machinery be valued at ₹ 1,40,000; Patents at ₹ 40,000; Land at ₹ 1,50,000 on this date.

(iii) For the purpose of calculating Sohan’s share in the profits of the year of death, profits should be taken to have accrued on the same scale as in previous year, which were ₹ 75,000.

Prepare Revaluation Account and Sohan’s Capital Account.

[Ans.: Profit on Revaluation – ₹ 25,000; Sohan’s share of Goodwill – ₹ 35,000; Sohan’s share of profit – ₹ 5,000; Amount payable to Sohan’s Executor’s – ₹ 1,26,000.]

Solution:-

Solutions of Death of Partner chapter 7 of TS Grewal Book class 12 Accountancy 2026-27 CBSE Board

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