[CBSE] Q. 75 solution of Fundamentals of Partnership Firms TS Grewal Book (2022-23)

Share your love

Solution of Question number 75 of the Fundamentals of partnership firm chapter TS Grewal Book CBSE 2022-23 Edition?

X, Y, and Z entered into a partnership on 1st October 2021 to share profits in the ratio of 4:3:3. X, personally guaranteed that Z’s share of profit after allowing interest on capital @ 10% p.a. would not be less than ₹ 8,000 in a year. Capital contributions were: X – ₹ 3,00,000, Y – ₹ 2,00,000, and Z – ₹ 1,50,000.

Profit for the year ended 31st March 2022 was ₹ 1,60,000. Prepare Profit and Loss Appropriation Account.

Solution:-

Note:- As partners started business on 1st October, thus interest on capital and guarantee to partners are provided only for six months from 1st October to 31st March.

Here is the list of all Solutions.

S.NQuestions
1.Question – 1
2.Question – 2
3.Question – 3
4.Question – 4
5.Question – 5
6.Question – 6
7.Question – 7
8.Question – 8
9.Question – 9
10.Question – 10
S.NQuestions
11.Question – 11
12.Question – 12
13.Question – 13
14.Question – 14
15.Question – 15
16.Question – 16
17.Question – 17
18.Question – 18
19.Question – 19
20.Question – 20
S.NQuestions
21.Question – 21
22.Question – 22
23.Question – 23
24.Question – 24
25.Question – 25
26.Question – 26
27.Question – 27
28.Question – 28
29.Question – 29
30.Question – 30
S.NQuestions
21.Question – 21
22.Question – 22
23.Question – 23
24.Question – 24
25.Question – 25
26.Question – 26
27.Question – 27
28.Question – 28
29.Question – 29
30.Question – 30
S.NQuestions
31.Question – 31
32.Question – 32
33.Question – 33
34.Question – 34
35.Question – 35
36.Question – 36
37.Question – 37
38.Question – 38
39.Question – 39
40.Question – 40
S.NQuestions
41.Question – 41
42.Question – 42
43.Question – 43
44.Question – 44
45.Question – 45
46.Question – 46
47.Question – 47
48.Question – 48
49.Question – 49
50.Question – 50
S.NQuestions
51.Question – 51
52.Question – 52
53.Question – 53
54.Question – 54
55.Question – 55
56.Question – 56
57.Question – 57
58.Question – 58
59.Question – 59
60.Question – 60
S.NQuestions
61.Question – 61
62.Question – 62
63.Question – 63
64.Question – 64
65.Question – 65
66.Question – 66
67.Question – 67
68.Question – 68
69.Question – 69
70.Question – 70
S.NQuestions
71.Question – 71
72.Question – 72
73.Question – 73
74.Question – 74
75.Question – 75
76.Question – 76
77.Question – 77
78.Question – 78
79.Question – 79
80.Question – 80
S.NQuestions
81.Question – 81
82.Question – 82
83.Question – 83
84.Question – 84
85.Question – 85
86.Question – 86
87.Question – 87
88.Question – 88
Share your love
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

Articles: 7061

Leave a Reply

Your email address will not be published. Required fields are marked *

x