[ISC] Q. 81 Solution of Admission of Partner TS Grewal Accounts Class 12 (2024-25)

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Solution to Question number 81 of the Admission of partner chapter 3 of TS Grewal Book 2024-25 Edition ISC/CISCE Board.

Arup and Rama are partners in a firm sharing profits in 2 : 1. They admitted Santanu for 1/4th share in profits on 1st April, 2024, Santanu was to bring ₹ 30,000 as capital and capital of Arup and Rama were to be adjusted in the profit sharing ratio on the basis of santanu’s capital. The Balance Sheet of Arup and Rama as at 31st March, 2024 (before Santanu’s admission) was as follows:

Solution:-

Here is the list of all Solutions of Admission of Partners of TS Grewal class 12 ISC Board 2024-25.

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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

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