[ISC] Q. 19 Solution of Admission of Partner TS Grewal Accounts Class 12 (2024-25)

Share your love

Solution to Question number 19 of the Admission of partner chapter 3 of TS Grewal Book 2024-25 Edition ISC/CISCE Board.

Emmie and Florence are partners sharing profits and losses in the ratio of 4 : 1. Glen is admitted as a partner for which he pays ₹ 10,000 as premium for goodwill and in future Emmie, Florence and Glen decide to share profits and losses in the ratio of 2 : 1 : 1 respectively.

commerceschool.in

Pass necessary Journal entries in the books of the firm.

commerceschool.in

Solution:-

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 and can download the Android & ios app for free lectures.

Articles: 6540

Related Posts

Leave a Reply

Your email address will not be published.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

Trending now

[CBSE] TS Grewal Solutions Class 12 [2023-24] Accounts[ISC] TS Grewal Solutions Accounts class 12 (2022-23)[CBSE] TS Grewal Solutions Class 12 (2022-23) AccountsTS Grewal Solutions Class 12 Accountancy 2021-22 Edition
x