[ISC] Q. 67 Solution of Admission of Partner TS Grewal Accounts Class 12 (2023-24)

Solution to Question number 67 of the Admission of partner chapter 3 of TS Grewal Book 2023-24 Edition ISC/CISCE Board?

Arsh and Daksh are partners in a firm with profit sharing ratio as follows: 1/2 to Arsh, 1/3 to Daksh and 1/6 carried to a Reserve. They admit Sachi as a partner on 1st April, 2023. The Balance Sheet of the firm as at 31st March, was as follows:

Solution:-