Category [CBSE] TS Grewal Solutions [CBSE] TS Grewal Solutions 804 Questions 11 Sub Categories[CBSE] Admission of Partner(141)[CBSE] Comparative and Common Size Statement(27)[CBSE] Death of Partner(41)[CBSE] Dissolution of Partner(55)[CBSE] Fundamentals of Partnership Firm(241)[CBSE] Issue of Debenture(58) Ask question Search Order By: ActiveClear Filter 0 Votes 1 Ans A, B and C were partners, sharing profits and losses in the ratio of 2 : 2 : 1. B retired on 31st March, 2023. on the date of his retirement, some of the assets and liabilities appeared in the books as follows: Creditors ₹ 70,000; Building ₹ 1,00,000; Plant and Machinery ₹ 40,000; Stock of Raw Materials ₹ 20,000; Stock of Finished Goods ₹ 30,000 and Debtors ₹ 20,000. 6.60K viewsAnurag Pathak Changed status to publish June 13, 2025[CBSE] TS Grewal SolutionsAccountancy Class 12thRetirement of Partner 0 Votes 1 Ans Ankit, Bhanu, and Charu are partners in a firm sharing profits and losses equally with a capital of ₹ 2,50,000 9.08K viewsAnurag Pathak Changed status to publish May 15, 2025[CBSE] Fundamentals of Partnership Firm[CBSE] TS Grewal SolutionsAccountancy Class 12th 0 Votes 1 Ans Parul, Paresh, and Rahul are partners in a firm. The firm gave a loan to Rahul on 1st February 2022 of ₹ 6,00,000 9.18K viewsAnurag Pathak Changed status to publish May 7, 2025[CBSE] Fundamentals of Partnership Firm[CBSE] TS Grewal SolutionsAccountancy Class 12th 0 Votes 1 Ans 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 8.25K viewsAnurag Pathak Changed status to publish May 6, 2025[CBSE] Fundamentals of Partnership Firm[CBSE] TS Grewal SolutionsAccountancy Class 12th 0 Votes 1 Ans Bat and Ball are partners sharing the profits in the ratio of 2 : 3 with capitals of ₹ 1,20,000 and ₹ 60,000 respectively 5.32K viewsAnurag Pathak Changed status to publish April 27, 2025[CBSE] Fundamentals of Partnership Firm[CBSE] TS Grewal SolutionsAccountancy Class 12th 0 Votes 1 Ans 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 4.65K viewsAnurag Pathak Changed status to publish April 26, 2025[CBSE] Fundamentals of Partnership Firm[CBSE] TS Grewal SolutionsAccountancy Class 12th 0 Votes 1 Ans Barun, Tarun, and Shivam are partners in a firm and do not have a partnership Deed. Barun introduced further capital of ₹ 5,00,000 on 1st October 2022. Whereas Shivam took a loan of ₹ 50,000 from the firm on 1st October 2022. Disputes have arisen among them on the following: 3.91K viewsAnurag Pathak Changed status to publish April 26, 2025[CBSE] TS Grewal SolutionsAccountancy Class 12th 0 Votes 1 Ans The following difference has arisen among P, Q, and R. State who is correct in each case: 2.63K viewsAnurag Pathak Changed status to publish April 25, 2025[CBSE] TS Grewal SolutionsAccountancy Class 12th 0 Votes 1 Ans Mahesh, Ramesh, and Suresh are partners in a firm. They do not have a Partnership Deed. At the end of the first year of the Business, they faced the following problems: 2.70K viewsAnurag Pathak Changed status to publish April 25, 2025[CBSE] TS Grewal SolutionsAccountancy Class 12th 0 Votes 1 Ans In The absence of a Partnership Deed, State the provisions of the Partnership Act, 1932 relating to: 2.21K viewsAnurag Pathak Changed status to publish April 25, 2025[CBSE] TS Grewal SolutionsAccountancy Class 12th 0 Votes 1 Ans 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 6.11K viewsAnurag Pathak Changed status to publish April 11, 2025[CBSE] Fundamentals of Partnership Firm[CBSE] TS Grewal SolutionsAccountancy Class 12th 0 Votes 1 Ans 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 11.32K viewsAnurag Pathak Changed status to publish April 10, 2025[CBSE] Fundamentals of Partnership Firm[CBSE] TS Grewal SolutionsAccountancy Class 12th 0 Votes 1 Ans 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 1.01K viewsAnurag Pathak Answered question April 5, 2025[CBSE] Fundamentals of Partnership Firm 0 Votes 1 Ans 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 1.03K 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 1.16K 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 949 viewsAnurag Pathak Answered question April 5, 2025[CBSE] Fundamentals of Partnership Firm 0 Votes 1 Ans 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 1.06K 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: 1.01K viewsAnurag Pathak Answered question April 5, 2025[CBSE] Fundamentals of Partnership Firm 0 Votes 1 Ans 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 1.01K viewsAnurag Pathak Answered question April 5, 2025[CBSE] Fundamentals of Partnership Firm 0 Votes 1 Ans X and Y share profits in the ratio of 5 : 3. Their Balance Sheet as at 31st March, 2023 was: 7.75K viewsAnurag Pathak Changed status to publish January 23, 2025[CBSE] Admission of Partner[CBSE] TS Grewal SolutionsAccountancy Class 12th 0 Votes 1 Ans A, B and C were partners in a firm. A died on 31st March, 2018 and the Balance Sheet of the firm on that date was as under: 9.55K viewsAnurag Pathak Changed status to publish January 23, 2025[CBSE] Death of Partner[CBSE] TS Grewal Solutions 0 Votes 1 Ans From the following information, prepare a Common-Size Balance Sheet Share Capital ₹ 32,00,000 Reserve and Surplus ₹ 8,00,000 1.16K viewsAnurag Pathak Changed status to publish January 14, 2025[CBSE] Comparative and Common Size Statement 0 Votes 0 Ans Prepare Common-Size Balance Sheet and comment on the financial position of Sun Ltd. and Star Ltd. The Balance Sheets of Sun Ltd. and Star Ltd. as at 31st March, 2024 are: 948 viewsAnurag Pathak Changed status to publish January 14, 2025[CBSE] Comparative and Common Size Statement 0 Votes 1 Ans From the following information, prepare a Common-Size Balance Sheet Shareholder’s Funds ₹ 5,40,000 1.15K viewsAnurag Pathak Answered question January 14, 2025[CBSE] Comparative and Common Size Statement 0 Votes 1 Ans Prepare Common-Size Statement of Profit & Loss from the following Statement of Profit & Loss Revenue from Operations (Net Sales) ₹ 14,00,000 1.30K viewsAnurag Pathak Changed status to publish January 14, 2025[CBSE] Comparative and Common Size Statement 1 2 3 … 42 43 Next » Question and answer is powered by anspress.net