[ISC] Q. 21 Retirement of Partner TS Grewal Solution Class 12 (2024-25)
Solution to Question number 21 of the Retirement of Partner Chapter of TS Grewal Book ISC Board 2024-25 session.
Bimal, Brij and Ajay are partners in a firm sharing profits and losses in the ratio of 3 : 2 : 1. Ajay retires from the firm on 1st April, 2023 and on the date of Ajay’s retirement, following balances existed in the books of the firm:
(i) General Reserve ₹ 60,000; Profit & Loss Account (Dr.) ₹ 30,000.
(ii) Workmen Compensation Reserve ₹ 24,000 against which no liability existed.
(iii) Employees’s Provident Fund ₹ 1,00,000.
Pass necessary Journal entries for the adjustment of these items on Ajay’s retirement.
Solution
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 |
| S.N | Solutions |
| 31 | Question – 31 |
| 32 | Question – 32 |
| 33 | Question – 33 |
| 34 | Question – 34 |
| 35 | Question – 35 |
| 36 | Question – 36 |
| 37 | Question – 37 |
| 38 | Question – 38 |
| 39 | Question – 39 |
| 40 | Question – 40 |
