Solution of Q 15 Death of a Partner TS Grewal 2022-23 [CBSE]
Step-by-step solution of Question 15, Chapter 7 Death of a Partner, TS Grewal Class 12 Accountancy 2022-23 for the CBSE Board.
Question 15
X, Y and Z were partners sharing profits and losses in the ratio of 3 : 2 : 1. Y died on 30th June, 2022. Profit from 1st April, 2022 to 30th June, 2022 was ₹ 3,60,000. X and Z decided to share future profits in the ratio of 3 : 2 with effect from 1st July, 2022.
Pass the necessary Journal entries to record Y’s share of profit up to the date of death.
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.
We have solved all the practical questions in this book and explained them Step by Step in detail with clear working notes.
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