[CBSE] Q. 40 Solution of Admission of Partner TS Grewal Class 12 (2024-25)

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Solution to Question number 40 of the Admission of Partner chapter 5 of TS Grewal Book 2024-25 Edition CBSE Board?

Arun and Vijay are partners in a firm sharing profits & loss in the ratio of 3 : 2.

LiabilitiesAssets
Machinery2,00,000

If the value of machinery in the Balance Sheet is excess by 33 and 1/3%, find the value of machinery to be shown in the New Balance Sheet.

[Ans.: ₹ 1,50,000.]

Solution:-

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

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Anurag Pathak
Anurag Pathak

Anurag Pathak is an academic teacher. He has been teaching Accountancy and Economics for CBSE students for the last 18 years. In his guidance, thousands of students have secured good marks in their board exams and legacy is still going on. You can subscribe his Youtube channel for free lectures

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