Solution of Q 21 Death of a Partner TS Grewal 2023-24 [CBSE]
Step-by-step solution of Question 21, Chapter 6 Death of a Partner, TS Grewal Class 12 Accountancy 2023-24 for the CBSE Board.
Question 21
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. Sales for the year ended 31st March, 2022 was ₹ 12,00,000 and sales for the nine months ended 31st December, 2022 was ₹ 6,00,000. Loss for the year ended 31st March, 2022 was ₹ 90,000. Calculate deceased partner’s share of profit/loss from the beginning of the accounting year up to 31st December, 2022.
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.
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