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Category [CBSE] Fundamentals of Partnership Firm

[CBSE] Fundamentals of Partnership Firm 246 Questions

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The Partners of a firm, Alia, Bhanu, and Chand distributed the profits for the year ended 31st March 2017. ₹ 8,00,000 in the ratio of 3:3:2 without providing for the following adjustments:

13.06K viewsAnurag Pathak Changed status to publish April 18, 2026[CBSE] Fundamentals of Partnership Firm [CBSE] TS Grewal Solutions Accountancy Class 12th

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Paras, Pawan and Raman are partners sharing profits in the ratio of 3: 2: 1. Raman is guaranteed annual profit of 75,000

490 viewsAnurag Pathak Answered question April 18, 2026[CBSE] Fundamentals of Partnership Firm

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Aman, Raj and Suresh were partners in a firm sharing profits and losses in the ratio of 5: 3: 8. Suresh was guaranteed a minimum profit of 5,00,000 per year

536 viewsAnurag Pathak Answered question April 18, 2026[CBSE] Fundamentals of Partnership Firm

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Sonia and Shruti were partners in a firm sharing profits and losses in the ratio of 5 : 3. On 1st April, 2023, the balance in their Fixed Capital Accounts were ₹ 25,00,000 and ₹ 15,00,000, respectively

502 viewsAnurag Pathak Answered question April 18, 2026[CBSE] Fundamentals of Partnership Firm

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Parul and Rajul were partners in a firm, sharing profits and losses in the ratio of 5 : 3. The balance in their Fixed Capital Accounts on 1st April, 2023 were

514 viewsAnurag Pathak Answered question April 18, 2026[CBSE] Fundamentals of Partnership Firm

0 Votes 1 Ans

Nimrat and Maira are partners without a Partnership Deed sharing profits in the ratio of 2 : 1

452 viewsAnurag Pathak Answered question April 18, 2026[CBSE] Fundamentals of Partnership Firm

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Yadu, Vidu, and Radhu were partners in a firm sharing profits in the ratio of 4 : 3 : 3. Their fixed capitals on 1st April

13.96K viewsAnurag Pathak Changed status to publish April 17, 2026[CBSE] Fundamentals of Partnership Firm [CBSE] TS Grewal Solutions Accountancy Class 12th

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Ankit, Bhanu, and Charu are partners in a firm sharing profits and losses equally with a capital of ₹ 2,50,000

13.79K viewsAnurag Pathak Changed status to publish May 15, 2025[CBSE] Fundamentals of Partnership Firm [CBSE] TS Grewal Solutions Accountancy Class 12th

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Parul, Paresh, and Rahul are partners in a firm. The firm gave a loan to Rahul on 1st February 2022 of ₹ 6,00,000

12.73K viewsAnurag Pathak Changed status to publish May 7, 2025[CBSE] Fundamentals of Partnership Firm [CBSE] TS Grewal Solutions Accountancy Class 12th

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Atul, Jetha, and Tarak are partners sharing profits equally. Jetha was given a loan by the firm on 1st July 2022 of ₹ 6,00,000

11.54K viewsAnurag Pathak Changed status to publish May 6, 2025[CBSE] Fundamentals of Partnership Firm [CBSE] TS Grewal Solutions Accountancy Class 12th

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Bat and Ball are partners sharing the profits in the ratio of 2 : 3 with capitals of ₹ 1,20,000 and ₹ 60,000 respectively

8.81K viewsAnurag Pathak Changed status to publish April 27, 2025[CBSE] Fundamentals of Partnership Firm [CBSE] TS Grewal Solutions Accountancy Class 12th

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Sita and Geeta are partners in a firm sharing profits in the ratio of 3:2. They had given a loan to the firm of ₹ 30,000

7.77K viewsAnurag Pathak Changed status to publish April 26, 2025[CBSE] Fundamentals of Partnership Firm [CBSE] TS Grewal Solutions Accountancy Class 12th

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Reema and Seema are partners sharing profits equally. The Partnership Deed provides that both Reema and Seema will get a monthly salary of ₹ 15,000 each

10.09K viewsAnurag Pathak Changed status to publish April 11, 2025[CBSE] Fundamentals of Partnership Firm [CBSE] TS Grewal Solutions Accountancy Class 12th

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Pranav, Karan and Rahim were partners sharing profits in the ratio of 3 : 2 : 1. Their capitals were ₹ 5,00,00, ₹ 3,00,000, and ₹ 2,00,000 respectively

15.14K viewsAnurag Pathak Changed status to publish April 10, 2025[CBSE] Fundamentals of Partnership Firm [CBSE] TS Grewal Solutions Accountancy Class 12th

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Anand, Ridhi, and Shyam were partners in a firm sharing profits and losses in the ratio of 2 : 2 : 1. Their fixed capitals were ₹ 1,00,000, 60,000, and 40,000, respectively

4.26K viewsAnurag Pathak Answered question April 5, 2025[CBSE] Fundamentals of Partnership Firm

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On 31st March, 2023, the capitals of Raghav and Diya stood at ₹ 4,00,000 and ₹ 3,00,000 respectively, after the necessary adjustment in respect of

4.66K viewsAnurag Pathak Answered question April 5, 2025[CBSE] Fundamentals of Partnership Firm

0 Votes 1 Ans

Mohan, Suhaan and Adit were partners in a firm sharing profits and losses in the ratio of 3 : 2 : 1. Their fixed capitals were: ₹ 2,00,000; ₹ 1,00,000 and ₹ 1,00,000 respectively

4.83K viewsAnurag Pathak Answered question April 5, 2025[CBSE] Fundamentals of Partnership Firm

0 Votes 1 Ans

Atul and Gita were partners in a firm sharing profits and losses in the ratio of 3 : 2. Their fixed capitals were ₹ 4,00,000 and ₹ 2,00,000, respectively

4.07K viewsAnurag Pathak Answered question April 5, 2025[CBSE] Fundamentals of Partnership Firm

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Neeraj and Surya are partners sharing profits and losses in the ratio of 2 : 1. Their capitals are ₹ 4,00,000 and ₹ 2,00,000 respectively

4.14K viewsAnurag Pathak Answered question April 5, 2025[CBSE] Fundamentals of Partnership Firm

0 Votes 1 Ans

Sumit and Namit are partners sharing profits in the ratio of 3 : 2. They contribute ₹ 1,00,000 and ₹ 50,000 respectively towards capital. Compute interest on capital and show distribution of profit in the following cases:

3.98K viewsAnurag Pathak Answered question April 5, 2025[CBSE] Fundamentals of Partnership Firm

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Vinod and Mohan are partners sharing profits and losses in the ratio of 4 : 3. From the following Balance sheet, Calculate interest on Capital @ 6% p.a

3.72K viewsAnurag Pathak Answered question April 5, 2025[CBSE] Fundamentals of Partnership Firm

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Lalan and Balan were partners in a firm sharing profits in the ratio of 3:2. Their fixed capital on 1st April 2022 was: Lalan ₹ 10,00,000 and Balan ₹ 20,00,000

7.96K viewsAnurag Pathak Changed status to publish June 13, 2024[CBSE] Fundamentals of Partnership Firm Accountancy Class 12th

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Kamal and Kapil are partners having fixed capitals of ₹ 5,00,000 each as on 31st March 2022

9.13K viewsAnurag Pathak Changed status to publish June 8, 2024[CBSE] Fundamentals of Partnership Firm [CBSE] TS Grewal Solutions Accountancy Class 12th

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Ram, Mohan and Sohan sharing profits and losses equally have capitals ₹ 1,20,000; ₹ 90,000 and ₹ 60,000. For the year ended 31st March

5.22K viewsAnurag Pathak Changed status to publish April 20, 2024[CBSE] Fundamentals of Partnership Firm [ISC} TS Grewal Solutions Accountancy Class 12th

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Xen, Sam, and Tim are partners in a firm. For the year ended 31st March 2022, the profit of the firm ₹ 12,00,000 was distributed equally among them, without giving effect to the following terms of the partnership deed:

11.91K viewsAnurag Pathak Changed status to publish April 11, 2024[CBSE] Fundamentals of Partnership Firm [CBSE] TS Grewal Solutions Accountancy Class 12th

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