[CBSE] Q. 34 Solution of Admission of Partner TS Grewal Class 12 (2024-25)
Solution to Question number 34 of the Admission of Partner chapter 5 of TS Grewal Book 2024-25 Edition CBSE Board?
A, B and C are in partnership sharing profits in the ratio of 5 : 4 : 1. Two new partners D and E are admitted and the new profit sharing ratio is 3 : 4 : 2 : 2 : 1. D is to pay ₹ 90,000 for his share of Goodwill but E is unable to bring his share of goodwill. Both the new partners introduced ₹ 1,20,000 each as their capital. You are required to pass the necessary Journal entries.
[Ans.: (I) Sacrificing Ratio between A and B = 15 : 4. Since C is gaining 4/60th share in the profits, he will also compensate A and B proportionately (i.e., ₹ 5,40,000 × 4/60 = ₹ 36,000). (ii) For Adjustment of Goodwill: Dr. C’s Capital A/c by ₹ 36,000; E’s Current A/c by ₹ 45,000 and Premium for Goodwill A/c by ₹ 90,000; Cr. A’s Capital A/c by ₹ 1,35,000 and B’s Capital A/c by ₹ 36,000.]
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 |
| 9 | Question – 9 |
| 10 | Question – 10 |
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| 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 |
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| 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 |
| 37 | Question – 37 |
| 38 | Question – 38 |
| 39 | Question – 39 |
| 40 | Question – 40 |
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| 41 | Question – 41 |
| 42 | Question – 42 |
| 43 | Question – 43 |
| 44 | Question – 44 |
| 45 | Question – 45 |
| 46 | Question – 46 |
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| 49 | Question – 49 |
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| 51 | Question – 51 |
| 52 | Question – 52 |
| 53 | Question – 53 |
| 54 | Question – 54 |
| 55 | Question – 55 |
| 56 | Question – 56 |
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| 58 | Question – 58 |
| 59 | Question – 59 |
| 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 |
| 75 | Question – 75 |
| 76 | Question – 76 |
| 77 | Question – 77 |
| 78 | Question – 78 |
