[ISC] Q. 23 solution of Fundamentals of Partnership Firms TS Grewal Book ISC 2022-23 Edition
Are you looking for the solution of Question number 23 of the Fundamentals of partnership Accounts (Firm) chapter TS Grewal Book 2022-23 Edition ISC Board?
Question number 23 of Partnership Accounts – Fundamentals is a theoretical one of TS Grewal Book ISC Board 2022-23.
Solution of Question number 23 of Partnership Accounts – Fundamentals TS Grewal Book ISC 2022-23 Edition
Question – 23
Solution:-
Case – I
Interest will not be paid on capital because Partnership Deed is silent on interest on capital. profit ₹ 50,000 will be distributed in profit sharing ratio, i.e., the share of profit: Bala – ₹ 30,000, Ranjan – ₹ 20,000.
Case – 2
Loss ₹ 50,000 will be distributed in profit sharing ratio because interest on capital is an appropriation of profit and the firm has incurred loss, i.e., Share of Loss: Bala – ₹ 30,000; Rajan – ₹ 20,000.
Case – 3
Case – 4
Case – 5
Case – 6
Here is the list of all 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 |
| S.N | Solutions |
| 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 |
| S.N | Solutions |
| 41. | Question – 41 |
| 42. | Question – 42 |
| 43. | Question – 43 |
| 44. | Question – 44 |
| 45. | Question – 45 |
| 46. | Question – 46 |
| 47. | Question – 47 |
| 48. | Question – 48 |
| 49. | Question – 49 |
| 50. | Question – 50 |
| S.N | Solutions |
| 51. | Question – 51 |
| 52. | Question – 52 |
| 53. | Question – 53 |
| 54. | Question – 54 |
| 55. | Question – 55 |
| 56. | Question – 56 |
| 57. | Question – 57 |
| 58. | Question – 58 |
| 59. | Question – 59 |
| 60. | Question – 60 |
| S.N | Solutions |
| 61. | Question – 61 |
| 62. | Question – 62 |
| 63. | Question – 63 |
| 64. | Question – 64 |
| 65. | Question – 65 |
| 66. | Question – 66 |
| 67. | Question – 67 |
| 68. | Question – 68 |
| 69. | Question – 69 |
| 70. | Question – 70 |
| S.N | Solutions |
| 71. | Question – 71 |
| 72. | Question – 72 |
| 73. | Question – 73 |
| 74. | Question – 74 |
| 75. | Question – 75 |
| 76. | Question – 76 |
| 77. | Question – 77 |
| 78. | Question – 78 |
