Solution of Q 5 Death of a Partner TS Grewal 2022-23 [CBSE]
Step-by-step solution of Question 5, Chapter 7 Death of a Partner, TS Grewal Class 12 Accountancy 2022-23 for the CBSE Board.
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Question 5
- (a) W, X, Y and Z are partners sharing profits and losses in the ratio of 1/3, 1/6, 1/3 and 1/6 respectively. Y died and W, X and Z decide to share the profits and losses equally in future. Calculate gaining ratio.
- (b) A, B and C are partners sharing profits and losses in the ratio of 4 : 3 : 2. C died. A takes 4/9 of C’s share and balance is taken by B. Calculate the new profit-sharing ratio and gaining ratio.
Solution
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About this solution
This is Chapter 7 Death of a 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.
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