Solution of Q 16 Death of a Partner TS Grewal 2023-24 [CBSE]
Step-by-step solution of Question 16, Chapter 6 Death of a Partner, TS Grewal Class 12 Accountancy 2023-24 for the CBSE Board.
Question 16
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. Share of profit or loss of the deceased partner from the beginning of the year up to the date of death was to be determined on the basis of last year’s profit. Last year’s loss was ₹ 2,00,000.
Pass necessary Journal entry to record Manoj’s share of profit/loss up to the date of death.
Solution
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About this solution
This is Chapter 6 Death of a Partner of TS Grewal Edition 2023-24.
Written by Vijay Adarsh, teaching commerce since 2003 to Class 11, Class 12, B.Com, CA, CS and CMA students.
We have solved all the practical questions in this book and explained them Step by Step in detail with clear working notes.
Also, we have followed the proper format and workings which are required as per CBSE Guidelines. Just follow our presentation of solutions and score good marks in Accountancy Board Exam.
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