Q. 23 solution of Retirement of Partner Chapter TS Grewal Book Class 12 2021-22

Are you looking for the solution of Question number 23 of the Retirement of Partner Chapter of TS Grewal Book 2021-22 Edition for the 2021-22 session?

Question number 23 of the Retirement of Partner chapter is a practical one.

Solution of Question Number 23 of Retirement of Partner Chapter of TS Grewal Book 2021-22 Class 12

Question – 23

Sangeeta, Saroj, and Shanti are partners sharing profits and losses in the ratio of 5:3:2. Shanti retired and on the date of her retirement, the following adjustments were agreed upon:

a) The value of furniture is to be increased by ₹ 12,000

b) The value of the stock to be decreased by ₹ 10,000.

c) Machinery of the book value of ₹ 50,000 is to be reduced by 10%.

Solution:-

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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 and can download the Android & ios app for free lectures.

Articles: 2015

1. Abhi

Sir , All amounts sum Will be 23,000 bhut you show sum of All amounts 32,000.

• Anurag Pathak

You are right, I’ll correct it

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