[CBSE] Q. 80 solution of Fundamentals of Partnership Firms TS Grewal Book 2023-24 Edition

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Are you looking for the solution of Question number 80 of the Fundamentals of partnership firm chapter TS Grewal Book CBSE 2023-24 Edition?

Question number 80 of Accounting for Partnership Firms – Fundamentals is a theoretical one.

Solution of Question number 80 of Accounting for Partnership Firms – Fundamentals TS Grewal Book CBSE 2023-24 Edition

Q. 80

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

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