Category [CBSE] TS Grewal Solutions [CBSE] TS Grewal Solutions 805 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(234)[CBSE] Issue of Debenture(58) Ask question Search Order By: ActiveClear Filter 0 Votes 1 Ans Creditors of ₹ 85,000 accepted ₹ 40,000 as cash and investment of ₹ 43,000, in full settlement of their claim. 2.25K viewsAnurag Pathak Changed status to publish July 27, 2023[CBSE] Dissolution of Partner[CBSE] TS Grewal Solutions 0 Votes 1 Ans Realisation expenses of ₹ 10,000 were to be borne by Mohan, a partner, but were paid by the firm. 4.48K viewsAnurag Pathak Changed status to publish July 27, 2023[CBSE] Dissolution of Partner[CBSE] TS Grewal Solutions 0 Votes 1 Ans Expenses of realisation ₹ 600 to be borne by the firm and are paid by Mohan, a partner. 3.88K viewsAnurag Pathak Changed status to publish July 27, 2023[CBSE] Dissolution of Partner[CBSE] TS Grewal Solutions 0 Votes 1 Ans Pass the Journal entry when an unrecorded liability of ₹ 15,000 is settled at ₹ 10,000 and paid by X, a partner on the dissolution of a firm? 3.48K viewsAnurag Pathak Changed status to publish July 27, 2023[CBSE] Dissolution of Partner[CBSE] TS Grewal Solutions 0 Votes 1 Ans Land and Building (Book Value) ₹ 1,60,000 sold for ₹ 3,00,000 through a broker who charged 2% commission on the deal. Journalise the transaction, at the time of dissolution of the firm. 4.02K viewsAnurag Pathak Changed status to publish July 27, 2023[CBSE] Dissolution of Partner[CBSE] TS Grewal Solutions 0 Votes 1 Ans Nisha, Kamal and Vijay has an automobile spare parts business. Due to strained relationship among the partners, they were unable to take collective decisions for the growth of business. 6.47K viewsAnurag Pathak Changed status to publish July 27, 2023[CBSE] Dissolution of Partner 0 Votes 1 Ans Ajay, Salil and Ravi were partners in a firm sharing profits in the ratio of 5 : 3 : 2. Ajay died on 20th February 2023. The Balance Sheet of the firm on that date was as follows: 6.05K viewsAnurag Pathak Changed status to publish July 26, 2023[CBSE] Death of Partner[CBSE] TS Grewal Solutions 0 Votes 1 Ans X, Y and Z were partners in a firm sharing profits in the ratio of 2 : 2 : 1. On 31st March, 2022, their Balance Sheet was as follows: 6.29K viewsAnurag Pathak Changed status to publish July 26, 2023[CBSE] Death of Partner[CBSE] TS Grewal Solutions 0 Votes 1 Ans The Balance Sheet of X, Y and Z as at 31st March, 2023 was: 5.94K viewsAnurag Pathak Changed status to publish July 26, 2023[CBSE] Death of Partner[CBSE] TS Grewal Solutions 0 Votes 1 Ans The Balance Sheet of A, B and C who were sharing profits in the ratio of 3 : 3 : 4 as at 31st March, 2019 was as follows: 6.93K viewsAnurag Pathak Changed status to publish July 26, 2023[CBSE] Death of Partner[CBSE] TS Grewal Solutions 0 Votes 1 Ans On 31st March, 2014, the Balance Sheet of Pooja, Qureshi and Ross, who were partners in a firm was as under: 5.79K viewsAnurag Pathak Changed status to publish July 26, 2023[CBSE] Death of Partner[CBSE] TS Grewal Solutions 0 Votes 1 Ans Shirish, Harit and Asha were partners in a firm sharing profits in the ratio of 5 : 4 : 1. Shirish died on 30th June, 2018. On this date, their Balance Sheet was follows: 7.60K viewsAnurag Pathak Changed status to publish July 26, 2023[CBSE] Death of Partner[CBSE] TS Grewal Solutions 0 Votes 1 Ans X and Y are partners. The Partnership Deed provides inter alia: 5.08K viewsAnurag Pathak Changed status to publish July 26, 2023[CBSE] Death of Partner[CBSE] TS Grewal Solutions 0 Votes 1 Ans The Balance Sheet of Sadhu, Raja and Karan who were sharing profits in the ratio of 4 : 2 : 4 as at 31st March, 2023 was as follows: 7.13K viewsAnurag Pathak Changed status to publish July 26, 2023[CBSE] Death of Partner[CBSE] TS Grewal Solutions 0 Votes 1 Ans Karim, Saleem and Raheem were partners in a firm sharing profits and losses in the ratio of 3 : 4 : 3. The firm closes its books on 31st March every year. 6.35K viewsAnurag Pathak Changed status to publish July 26, 2023[CBSE] Death of Partner[CBSE] TS Grewal Solutions 0 Votes 1 Ans Iqbal and kamal are in partnership sharing profits and losses in 3 : 2. Kamal died three months after the date of the last Balance Sheet. 5.81K viewsAnurag Pathak Changed status to publish July 26, 2023[CBSE] Death of Partner[CBSE] TS Grewal Solutions 0 Votes 1 Ans X, Y and Z were partners in a firm sharing profits in the ratio of 4 : 3 : 1. The firm closes its books on 31st March every year. On 1st February, 2023. 4.47K viewsAnurag Pathak Changed status to publish July 26, 2023[CBSE] Death of Partner[CBSE] TS Grewal Solutions 0 Votes 1 Ans Abha, Beena and Chanda were partners in a firm sharing profits and losses in the ratio of 5 : 3 : 2. Abha died on 1st July, 2023. 6.15K viewsAnurag Pathak Changed status to publish July 26, 2023[CBSE] Death of Partner[CBSE] TS Grewal Solutions 0 Votes 1 Ans Akhil, Bikram and Charu were partners sharing profits and losses in the ratio of 3 : 2 : 1. Bikram died on 30th september, 2022 4.56K viewsAnurag Pathak Changed status to publish July 26, 2023[CBSE] Death of Partner[CBSE] TS Grewal Solutions 0 Votes 1 Ans Raman, Param and Karan were partners sharing profits and losses in the ratio of 3 : 2 : 1. Param died on 31st December, 2022. Accounts of the firm are closed on 31st March every year. 5.55K viewsAnurag Pathak Changed status to publish July 26, 2023[CBSE] Death of Partner[CBSE] TS Grewal Solutions 0 Votes 1 Ans Ajay, Bhawna and Shreya were partners sharing profits in the ratio of 2 : 2 : 1. On 1st July, 2022 Shreya died. The books of accounts are closed on 31st March every yer. Sales for the year 2021-22 ₹ 5,00,000 and that from 1st April to 30th June, 2022 were ₹ 1,40,000. 4.72K viewsAnurag Pathak Changed status to publish July 26, 2023[CBSE] Death of Partner[CBSE] TS Grewal Solutions 0 Votes 1 Ans A, B and C were partners sharing profits and losses in the ratio of 2 : 2 : 1. C died on 30th June, 2023. 4.26K viewsAnurag Pathak Changed status to publish July 26, 2023[CBSE] Death of Partner[CBSE] TS Grewal Solutions 0 Votes 1 Ans X, Y and Z were partners in a firm. Z died on 31st May, 2022. His share of profit from the closure of the last accounting year till the date of death was to be calculated on the basis of the average of three completed years of profits before death. 4.47K viewsAnurag Pathak Changed status to publish July 26, 2023[CBSE] Death of Partner[CBSE] TS Grewal Solutions 0 Votes 1 Ans Manoj, Rakesh and Harsh were partners sharing profits in the ratio of 2 : 2 : 1. Manoj died on 30th June, 2022. Rakesh and Harsh decided to continue the business. 3.51K viewsAnurag Pathak Changed status to publish July 26, 2023[CBSE] Death of Partner[CBSE] TS Grewal Solutions 0 Votes 1 Ans Radha, Tina and Reeta were partners sharing profits equally. Reeta died on 31st July 2022. 3.84K viewsAnurag Pathak Changed status to publish July 26, 2023[CBSE] Death of Partner[CBSE] TS Grewal Solutions « Previous 1 2 … 22 23 24 25 26 … 41 42 Next » Question and answer is powered by anspress.net
