[CBSE] Q. 42 Dissolution of Partnership Firm Solution TS Grewal Class 12 2024-25

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Solution to Question number 42 of the Dissolution of Partnership Firm Chapter of TS Grewal Book 2024-25 Edition for the CBSE Board.

A, B and C were partners sharing profits in the ratio of 5 : 3 : 2. On 31st March, 2023, A’s Capital and B’s Capital were ₹ 30,000 and ₹ 20,000 respectively but C owed ₹ 5,000 to the firm. The liabilities were ₹ 20,000. The assets of the firm realised ₹ 50,000. Prepare Realisation Account, Partner’s Capital Accounts and Bank Account.

[Ans.: C will pay ₹ 8,000 A will get ₹ 22,500 and B ₹ 15,500.]

Solution:-

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Anurag Pathak

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