[CBSE] Q. 35 Dissolution of Partnership Firm Solution TS Grewal Class 12 2024-25

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Solution to Question number 35 of the Dissolution of Partnership Firm Chapter of TS Grewal Book 2024-25 Edition for the CBSE Board.

Yogesh and Naresh were partners sharing profits equally. They dissolved the firm on 1st April, 2023. Naresh was assigned the responsibility to realise the assets and pay the liabilities at a remuneration of ₹ 10,000 including expenses. Balance Sheet of the firm as on that date was as follows:

Solution:-

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