[ISC] Q. 4 Solution of Admission of Partner TS Grewal Accounts Class 12 (2023-24)

Share your love

Solution to Question number 4 of the Admission of partner chapter 3 of TS Grewal Book 2023-24 Edition ISC/CISCE Board.

Red and White are two partners sharing profits and losses equally. They admit Black as a new partner for 25% share. In future, profit-sharing ratio between Red and White will be 3 : 2. Determine new profit sharing ratio.

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 for free lectures

Articles: 6553

Leave a Reply

Your email address will not be published.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

x