Are you looking for the solution to Question number 33 page 2.87 of the Fundamentals of partnership firm chapter TS Grewal Book 2021 Edition for 2021-22 session
Question number 33 at the page number 2.87 of Accounting for Partnership Firms – Fundamentals is of a theoretical one.
Solution of Question number 33 of Accounting for Partnership Firms – Fundamentals TS Grewal Book 2021 Edition
Here is the solution of it.
Question number 33
A, B C and D are partners is a firm sharing profits in the ration of 4 : 3 : 2 : 1. It earned ne profit of ₹ 180000 for the year ended 31st March, 2021. As per the partnership Deed, they are to charge a commission @ 20% of the profit after charging such commission which they will share as 2 : 3 : 2 : 3.