[CBSE] Q. 8 Death of Partner Solution TS Grewal Class 12 (2023-24)

Solution of Question number 8 of the Death of Partner Chapter of TS Grewal Book 2023-24 Edition CBSE Board.

P, Q and R were partners in a firm sharing profits in the ratio of 3 : 2 : 1. P dies and the new profit sharing ratio of Q and R was agreed to be equal. On P’s death, goodwill of the firm was valued at ₹ 60,000.

Pass the necessary entries for the treatment of goodwill under the following conditions:

(a) When Goodwill Account is raised and written off.

(b) When Goodwill Account is raised with P’s share of goodwill and written off.

(c) When Goodwill is adjusted without opening Goodwill Account.

Solution:-

Solutions of Death of Partner chapter 7 of TS Grewal Book class 12 Accountancy 2023-24 CBSE Board

S.N	Questions
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.N	Questions
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.N	Questions
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.N	Questions
31	Question – 31
32	Question – 32
33	Question – 33
34	Question – 34
35	Question – 35
36	Question – 36
37	Question – 37