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[ISC] Q. 5 Solution of Death of Partner TS Grewal ISC 2023-24 Edition

Question 5 of 21Chapter 5Class 12 · ISC✍ Vijay Adarsh

Step-by-step solution of Question 5, Chapter 5 Death of a Partner, TS Grewal Class 12 Accountancy 2023-24 for the ISC Board.

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Question 5

Charu, Tara and Rakhi were partners in a firm sharing profits in the ratio of 2 : 1 : 2. On 15th May, 2023, Charu died and the new profit-sharing ratio between Tara and Rakhi will be 4 : 11. On Charu’s death, goodwill of the new firm was valued at ₹ 90,000. Calculate gaining ratio and pass the necessary Journal entry for the treatment of goodwill on Charu’s death.

TS Grewal Class 12 Death of Partner Question 5

Solution

Solution of Q 5 Death of Partner TS Grewal 2023-24 part 1
Solution of Q 5 Death of Partner TS Grewal 2023-24 part 2
Stuck on this chapter?Watch it explained in the Class 12 Accounts video courseEvery chapter, step by step, by Vijay Adarsh (23 years teaching).Watch free demo
Solution of Q 5 Death of Partner TS Grewal 2023-24 part 3
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About this solution

This is Chapter 5 Death of a Partner of ISC 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 Guidelines Issued by the ISC Council. Just follow our presentation of solutions and score good marks in Accountancy Exam.

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