[ISC] Q. 30 solution of Dissolution of Partnership Firm Chapter TS Grewal Book Class 12 (2022-23)
Are you looking for the solution to Question number 30 of the Dissolution of Partnership Firm Chapter of TS Grewal Book 2022-23 Edition for the ISC Board?
The firm of Akhil and Bikram was dissolved on 31st March, 2022. On that date, their Capitals were: Akhil ₹ 1,70,000 and Bikram ₹ 30,000. Bikram owed ₹ 20,000 to the firm; ₹ 1,00,000 were owed by the firm to Akhil and ₹ 2,00,000 were due to the Trade Creditors. Profits and losses were shared in the proportions of 2/3 to Akhil and 1/3 to Bikram.
The assets realised ₹ 4,50,000 excluding ₹ 20,000 borrowed by Bikram. The liabilities were settled at book values.
Prepare Realisation Account, Capital Accounts of the partners and Cash Account.
Solution:-
Here is the list of solutions
| 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 |
