Free step-by-step Accountancy solutions · Class 11 & 12 · CBSE & ISC📚 Books & Courses▶ YouTube📱 Get the app
TS GrewalDK GoelNotesMCQSample PapersSyllabusCareer

DK Goel Solutions Q 24 Chapter 3 Admission of a Partner Class 12 CBSE [2023-24]

Question 24 of 91Chapter 3Class 12 · CBSE✍ Vijay Adarsh

Step-by-step solution of Question 24, Chapter 3 Admission of a Partner, DK Goel Class 12 Accountancy 2023-24 for the CBSE Board.

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

Question 24

K and Y were partners in a firm sharing profits in 3 : 2 ratio. They admitted Z as a new partner for 1/3rd share in the profits of the firm. Z acquired his share from K and Y in 2 : 3 ratio. Z brought ₹ 80,000 for his capital and ₹ 30,000 for his 1/3rd share as premium. Calculate the new profit sharing ratio of K, Y and Z and pass necessary journal entries for the above transactions in the books of the firm.

DK Goel Class 12 Admission of a Partner Question 24

Solution

Solution of Q 24 Admission of a Partner DK Goel 2023-24 part 1
Solution of Q 24 Admission of a Partner DK Goel 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 24 Admission of a Partner DK Goel 2023-24 part 3
Solution of Q 24 Admission of a Partner DK Goel 2023-24 part 4
🤔 Doubt in this solution? Ask Vijay Sir below ↓✓Check your preparation for this chapterAdmission of a Partner · MCQs with answers · Class 12Take the MCQ test →

12th Accounts Revision Book

Stuck on this question? Ask Vijay Sir

Be the first to ask on this question.
LEAVE A REPLY

Ask your doubtFree. Vijay Sir replies here and you get an email when he does.

0 / 1500

🔒 No spam. Your email is never shown.

All questions of Chapter 3

12345678910111213141516171819202122232425262728293031323334353637383940414243444546474849505152535455565758596061626364656667686970717273747576777879808182838485868788899091

Orange = this question · Grey = already opened.

About this solution

This is Chapter 3 Admission of a Partner of DK Goel For 2024 Examinations.

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 the Accountancy Board Exam.

Get free help