Solution of Q 16 Retirement of Partner TS Grewal 2023-24 [CBSE]

Question 16 of 60Chapter 5Class 12 · CBSE✍ Vijay Adarsh

Step-by-step solution of Question 16, Chapter 5 Retirement of a Partner, TS Grewal Class 12 Accountancy 2023-24 for the CBSE Board.

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Question 16

Aman, Bimal and Deepak are partners sharing profits in the ratio of 2 : 3 : 5. The goodwill of the firm has been valued at ₹ 37,500. Aman retired. Bimal and Deepak decided to share profits equally in future. Calculate gain/sacrifice of Bimal and Deepak on Aman’s retirement and also pass necessary Journal entry for the treatment of goodwill.

Solution

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2 COMMENTS

Sawan Kumar October 25, 2026 At 2:45 pm
Good
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- CBSECommerce November 8, 2026 At 9:35 am
  ✔ Answered by Vijay Sir
  Thank you Sawan! 🙏 Keep practising.
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About this solution

This is Chapter 5 Retirement of 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.

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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