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Solution of Q 46 Admission of Partner TS Grewal 2022-23 [CBSE]

Question 46 of 86Chapter 5Class 12 · CBSE✍ Vijay Adarsh

Step-by-step solution of Question 46, Chapter 5 Admission of a Partner, TS Grewal Class 12 Accountancy 2022-23 for the CBSE Board.

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Question 46

X and Y are partners in a firm sharing profits in the ratio of 3 : 2. They admitted Z as a partner and fixed new profit-sharing ratio as 3 : 2 : 1. At the time of admission of Z, Debtors and Provision for Doubtful Debts existed at ₹ 50,000 and ₹ 5,000 respectively. All debtors are good. Pass the necessary Journal entries.

TS Grewal Class 12 Admission of a Partner Question 46

Solution

Solution of Q 46 Admission of a Partner TS Grewal 2022-23
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About this solution

This is Chapter 5 Admission of Partner of TS Grewal Edition 2022-23.

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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