Q. 20 solution of Retirement of Partner Chapter TS Grewal Book Class 12 2021-22
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Question number 20 of the Retirement of Partner chapter is a practical one.
Solution of Question Number 20 of Retirement of Partner Chapter of TS Grewal Book 2021-22 Class 12
Question – 20
M, N, and O are partners in firm sharing profits in the ratio of 3:2:1. Goodwill has been valued at ₹ 60,000. On N’s retirement, M and O agree to share profits equally. Pass the necessary Journal entry for treatment of N’s share of goodwill.
Solution:-
S.N | Admission of Partner |
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 | Admission of Partner |
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 | Admission of Partner |
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 |
S.N | Admission of Partner |
31. | Question – 31 |
32. | Question – 32 |
33. | Question – 33 |
34. | Question – 34 |
35. | Question – 35 |
36. | Question – 36 |
37. | Question – 37 |
38. | Question – 38 |
39. | Question – 39 |
40. | Question – 40 |