[ISC] Q. 17 Retirement of Partner TS Grewal Solution Class 12 (2024-25)
Solution to Question number 17 of the Retirement of Partner Chapter of TS Grewal Book ISC Board 2024-25 session.
Kapil, Angad and Gush are partners sharing profits in the ratio of 1 : 2 : 3. Gush retires and his capital, after making adjustments for reserves and profits on revaluation stands at ₹ 2,70,000. Kapil and Angad agreed to pay him ₹ 3,00,000 in full settlement of his claim. Record necessary Journal entry for the treatment of goodwill if new profit-sharing ratio is decided at 1 : 3.

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Working Notes


Here is the list of all solutions of Retirement of Partners TS grewal ISC class 12 (2024-25)
| S.N | Solutions |
| 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 | Solutions |
| 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 | Solutions |
| 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 |
