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Category [ISC} TS Grewal Solutions

[ISC} TS Grewal Solutions 233 Questions

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Amrit and Kamal started business on 1st April, 2023 with capitals of ₹ 10,00,000 and ₹ 5,00,000 respectively. Kamal withdrew ₹ 12,000 in the middle of each month

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Firoz and Asim started business on 1st June, 2023 with capitals of ₹ 5,00,000 and ₹ 2,50,000 respectively. Firoz withdrew ₹ 12,000 at the end of each month

8 viewsAnurag Pathak Changed status to publish 2 hours ago[ISC] Fundamentals of Partnership

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Pawan and Param started business on 1st July, 2023 with capitals of ₹ 3,00,000 and ₹ 2,00,000 respectively. Pawan withdrew ₹ 18,000 per quarter at the end

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Raman and Karan are in partnership from 1st April, 2023 with capitals of ₹ 10,00,000 each. Raman withdrew equal amount at the middle of every month starting

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Raj and Kiran are in partnership from 1st June, 2023 with capitals of ₹ 6,00,000 and ₹ 4,00,000 respectively. Raj withdrew same amount in the beginning of

7 viewsAnurag Pathak Changed status to publish 3 hours ago[ISC] Fundamentals of Partnership

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Ramesh and Pradeep are in partnership from 1st July, 2023 with capitals, Ramesh ₹ 3,00,000 and Pradeep ₹ 2,00,000

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Amar and Nimrat are partners in a firm, Amar withdraws ₹ 5,000 in the beginning of the month starting from 1st April, 2023 for 6 months

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Ranjan and Pankaj are partners having balances in current accounts as on 1st April, 2023 as Ranjan ₹ 3,00,000 and Pankaj as ₹ 2,00,000 (Debit)

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Amrik and Avtar are partners having capitals as on 1st April, 2023 as Amrik – ₹ 2,40,000 and Avtar as ₹ 1,20,000 (Debit). On 1st September

24 viewsAnurag Pathak Changed status to publish 23 hours ago[ISC] Fundamentals of Partnership

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Nimrat and Deep are partners having capitals as on 1st April, 2023 as Nimrat – ₹ 4,80,000 and Deep as ₹ 1,00,000 (Debit)

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From the following Balance Sheet of Sujata and Swati, Calculate interest on capital @ 5% p.a. for the year ended 31st March 2023:

1.57K viewsAnurag Pathak Changed status to publish 2 days ago[ISC] Fundamentals of Partnership [ISC} TS Grewal Solutions Accountancy Class 12th

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Arun and Barun started business on 1st April, 2023. From the following Balance Sheet of Arun and Barun and Additional information, Calculate interest on capital @ 6% p.a

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Karman, Harman and Shravan were sharing profits and losses in the ratio of 5 : 3 : 2. They introduced capitals in their profit sharing ratio

34 viewsAnurag Pathak Changed status to publish 2 days ago[ISC] Fundamentals of Partnership

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Kashish, Amit and Kaushal started a firm on 1st October, 2024 sharing profits and losses in the ratio of 3 : 2 : 1. They introduced capitals in their profit sharing ratio

28 viewsAnurag Pathak Changed status to publish 2 days ago[ISC] Fundamentals of Partnership

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Chirag and Ashish were partners sharing profits in the ratio of 3 : 2. Their capitals as on 1st April, 2023 were ₹ 5,00,000 and ₹ 4,00,000 respectively

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Pass the Journal entries in the books of G & Co, for the following Firm took property of Amrit, a partner at a monthly rent of ₹ 20,000 w.e.f 1st June

34 viewsAnurag Pathak Changed status to publish 2 days ago[ISC] Fundamentals of Partnership

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Kashish and Harish are partners in a firm sharing profits in the ratio of 3 : 2 with capitals of ₹ 5,00,000 each. Kashish was given loan of ₹ 2,00,000 on 1st October

26 viewsAnurag Pathak Changed status to publish 2 days ago[ISC] Fundamentals of Partnership

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Kabir, Krish and Harsh are partners in a firm. Kabir and Harsh had opening credit balance in their Loan Accounts of ₹ 4,80,000 each

26 viewsAnurag Pathak Changed status to publish 2 days ago[ISC] Fundamentals of Partnership

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Yogesh, Naresh and Mahesh are partners sharing profits and losses equally. Yogesh and Mahesh had opening credit balance in their Loan Accounts of ₹ 3,00,000 each

25 viewsAnurag Pathak Changed status to publish 2 days ago[ISC] Fundamentals of Partnership

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Puneet and Sahil are partners sharing profits and losses equally. They had opening credit balance in their Loan Accounts of ₹ 9,00,000 each

21 viewsAnurag Pathak Changed status to publish 2 days ago[ISC] Fundamentals of Partnership

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