[ISC] Q. 66 Solution of Admission of Partner TS Grewal Accounts Class 12 (2023-24)

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Solution to Question number 66 of the Admission of partner chapter 3 of TS Grewal Book 2023-24 Edition ISC/CISCE Board?

Fateh, Vipin and Ishant are partners sharing profits and losses in the ratio of 3 : 2 : 1. Manoj is admitted as a new partner on 1st April, 2023 for 1/6th share and is to bring ₹ 1,25,000 as Capital. Following is Balance Sheet of the firm as at 31st March, 2023:

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Solution:-

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Anurag Pathak
Anurag Pathak

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