Q. 28 solution of Fundamentals of Partnership Firms TS Grewal Book 2021-22 Edition

Are you looking for the solution to Question number 28 page 2.87 of the Fundamentals of partnership firm chapter TS Grewal Book 2021 Edition for 2021-22 session

Question number 28 at the page number 2.87 of Accounting for Partnership Firms – Fundamentals is of a theoretical one.

Solution of Question number 28 of Accounting for Partnership Firms – Fundamentals TS Grewal Book 2021 Edition

Here is the solution of it.

As Firm maintains, its accounts on Fluctuating Capital Method. So, in order to calculate opening capital of partners. additional capital, drawing out of profit and out of capital and profit would be used.