[CBSE] Q. 74 solution of Fundamentals of Partnership Firms TS Grewal Book 2022-23 Edition

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Solution of Question number 74 of the Fundamentals of partnership firm chapter TS Grewal Book CBSE 2022-23 Edition?

A, B, and C were in partnership sharing profits and losses in the ratio of 4 : 2 : 1. It was provided that C’s share in profit for a year would not be less than ₹ 75,000. Profit for the year ended 31st Mach, 2023 is ₹ 3,15,000. You are required to show the appropriation among the partners, Profit and Loss Appropriation account is not required.

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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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