[ISC] Q. 17 Solution of Admission of Partner TS Grewal Accounts Class 12 (2024-25)
Solution to Question number 17 of the Admission of partner chapter 3 of TS Grewal Book 2024-25 Edition ISC/CISCE Board.
Piyush and Deepika are partners in a firm sharing profits and losses in the ratio of 3 : 2. They admit Seema as a partner for 1/5th share. Seema takes her share from Piyush and Deepika in the ratio of 2 : 3. Goodwill of the firm has been valued at ₹ 50,000. Seema paid ₹ 10,000 privately to Piyush and Deepika as her share of goodwill. What will be the Journal entry in the books of the firm?
Solution:-
No Entry is passed for Privately paid premium for goodwill
Here is the list of all Solutions of Admission of Partners of TS Grewal class 12 ISC Board 2024-25.
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| 1 | Question – 1 |
| 2 | Question – 2 |
| 3 | Question – 3 |
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| 11 | Question – 11 |
| 12 | Question – 12 |
| 13 | Question – 13 |
| 14 | Question – 14 |
| 15 | Question – 15 |
| 16 | Question – 16 |
| 17 | Question – 17 |
| 18 | Question – 18 |
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| 41 | Question – 41 |
| 42 | Question – 42 |
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| 71 | Question – 71 |
| 72 | Question – 72 |
| 73 | Question – 73 |
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| 75 | Question – 75 |
| 76 | Question – 76 |
| 77 | Question – 77 |
| 78 | Question – 78 |
| 79 | Question – 79 |
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| 81 | Question – 81 |
| 82 | Question – 82 |
| 83 | Question – 83 |
| 84 | Question – 84 |
| 85 | Question – 85 |
| 86 | Question – 86 |
| 87 | Question – 87 |
| 88 | Question – 88 |
| 89 | Question – 89 |
