[CBSE] Q. 36 Solution of Retirement of Partner TS Grewal Class 12 (2024-25)

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Solution to Question number 36 of the Retirement of Partner chapter 5 of TS Grewal Book 2024-25 Edition CBSE Board.

Ashok, Bhaskar and Chaman were in partnership sharing profits and losses equally. ‘Bhaskar’ retires from the firm. After adjustments, his Capital Account shows a credit balance of ₹ 3,00,000 as on 1st April, 2019. Balance due to ‘Bhaskar’ is to be paid in three equal annual instalments along with interest @ 10% p.a. Prepare Bhaskar’s Loan Account until he is paid the amount due to him. The firm closes its books on 31st March every year.

Solution:-

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

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53Question – 53
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55Question – 55
56Question – 56
57Question – 57
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Anurag Pathak
Anurag Pathak

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