Category [CBSE] TS Grewal Solutions [CBSE] TS Grewal Solutions 803 Questions 11 Sub Categories[CBSE] Admission of Partner(149)[CBSE] Comparative and Common Size Statement(27)[CBSE] Death of Partner(49)[CBSE] Dissolution of Partner(55)[CBSE] Fundamentals of Partnership Firm(246)[CBSE] Issue of Debenture(58) Ask question Search Order By: ActiveClear Filter 0 Votes 1 Ans Sunny and Ujjwal were partners in a firm sharing profits and losses in the ratio of 3:2. On 1st April, 2024, Timmy was admitted as a new partner for a 1/5th share in profits which he acquired equally from Sunny and Ujjwal 919 viewsAnurag Pathak Answered question May 9, 2026[CBSE] Admission of Partner 0 Votes 1 Ans Aruna and Karuna were partners in a firm sharing profits and losses in the ratio of 3:2. They admitted Varuna as a partner for 3/7th share of the profit and the new profit-sharing ratio will be 2 : 2 : 3 892 viewsAnurag Pathak Answered question May 8, 2026[CBSE] Admission of Partner 0 Votes 1 Ans Sana and Rajesh were partners in a firm sharing profits and losses in the ratio of 4 : 3. They admitted Sonu into partnership for 1/5th share in the profits of the firm 857 viewsAnurag Pathak Answered question May 8, 2026[CBSE] Admission of Partner 0 Votes 1 Ans Rajan and Mukul are partners sharing profits and losses in the ratio of 4: 1. They admit Mayank and decide that the profit-sharing ratio between Mukul and Mayank be the same as existing between Rajan and Mukul 969 viewsAnurag Pathak Answered question May 8, 2026[CBSE] Admission of Partner 0 Votes 1 Ans 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: 13.78K viewsAnurag Pathak Changed status to publish April 18, 2026[CBSE] Fundamentals of Partnership Firm[CBSE] TS Grewal SolutionsAccountancy Class 12th 0 Votes 1 Ans Paras, Pawan and Raman are partners sharing profits in the ratio of 3: 2: 1. Raman is guaranteed annual profit of 75,000 1.03K viewsAnurag Pathak Answered question April 18, 2026[CBSE] Fundamentals of Partnership Firm 0 Votes 1 Ans 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 1.13K viewsAnurag Pathak Answered question April 18, 2026[CBSE] Fundamentals of Partnership Firm 0 Votes 1 Ans 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 981 viewsAnurag Pathak Answered question April 18, 2026[CBSE] Fundamentals of Partnership Firm 0 Votes 1 Ans 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 1.02K viewsAnurag Pathak Answered question April 18, 2026[CBSE] Fundamentals of Partnership Firm 0 Votes 1 Ans Yadu, Vidu, and Radhu were partners in a firm sharing profits in the ratio of 4 : 3 : 3. Their fixed capitals on 1st April 14.52K viewsAnurag Pathak Changed status to publish April 17, 2026[CBSE] Fundamentals of Partnership Firm[CBSE] TS Grewal SolutionsAccountancy Class 12th 0 Votes 1 Ans A, B and C were partners in a firm sharing profits in the ratio of 3 : 2 : 1. Their Balance Sheet as on 31st March, 2015 was as follows: 11.02K viewsAnurag Pathak Changed status to publish February 14, 2026[CBSE] TS Grewal SolutionsAccountancy Class 12thChange in Profit Sharing Ratio 0 Votes 1 Ans Vimal and Nirmal are partners in a firm sharing profits and losses in the ratio of 5 : 3. They admit Kailash into the firm on 1st April 2023, when their Balance Sheet was as follows: 16.35K viewsAnurag Pathak Changed status to publish February 14, 2026[CBSE] Admission of Partner[CBSE] TS Grewal SolutionsAccountancy Class 12th 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. 10.22K 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 14.36K 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 13.19K 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 11.97K viewsAnurag Pathak Changed status to publish May 6, 2025[CBSE] Fundamentals of Partnership Firm[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: 5.47K 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: 5.41K 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 10.66K 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 15.72K 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 4.74K 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 5.19K 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 5.31K 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 4.61K 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 4.60K viewsAnurag Pathak Answered question April 5, 2025[CBSE] Fundamentals of Partnership Firm « Previous 1 2 3 4 … 42 43 Next » Question and answer is powered by anspress.net