[ISC] Q. 9 solution of Dissolution of Partnership Firm Chapter TS Grewal Book Class 12 (2022-23)
Are you looking for the solution to Question number 9 of the Dissolution of Partnership Firm Chapter of TS Grewal Book 2022-23 Edition for the ISC Board?
Neha, Anita and Sonia were partners sharing profits and lossses in the ratio of 2 : 2 : 1. On 1st April, 2022, their Balance Sheet was as follows:
| Liabilities | ₹ | Assets | ₹ | |
| Capital A/cs: Neha Anita Sonia Reserve Creditors | 30,000 24,000 12,000 15,000 24,000 | Cash at Bank Debtors Less: PDD Stock Furniture Building Advertisement Suspense | 16,000 4,000 | 24,400 15,600 12,000 4,000 44,000 5,000 |
| 1,05,000 | 1,05,000 |
The firm was dissolved on that date. The assets realised were as follows:
| Debtors | ₹ 14,000 |
| Stock | ₹ 10,000 |
| Furniture | ₹ 2,000 |
| Building | ₹ 50,000 |
Creditors were settled for ₹ 22,000. It was noticed that a liability of ₹ 6,000 for damages existed which had to be paid. Realisation Expenses amounted to ₹ 2,000.
Prepare Realisation Account, Partner’s Capital Account and Bank Account to close the books of the firm.
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 |
| S.N | Solutions |
| 11 | Question – 11 |
| 12 | Question – 12 |
| 13 | Question – 13 |
| 14 | Question – 14 |
| 15 | Question – 15 |
| 16 | Question – 16 |
| 17 | Question – 17 |
| 18 | Question – 18 |
| 19 | Question – 19 |
| 20 | Question – 20 |
| S.N | Solutions |
| 21 | Question – 21 |
| 22 | Question – 22 |
| 23 | Question – 23 |
| 24 | Question – 24 |
| 25 | Question – 25 |
| 26 | Question – 26 |
| 27 | Question – 27 |
| 28 | Question – 28 |
| 29 | Question – 29 |
| 30 | Question – 30 |
| 31 | Question – 31 |
