[ISC] Q. 11 Solution of Admission of Partner TS Grewal ISC 2023-24 Edition
Step-by-step solution of Question 11, Chapter 3 Admission of a Partner, TS Grewal Class 12 Accountancy 2023-24 for the ISC Board.
Question 11
Avtar, Sahil and Satvir are partners sharing profits and losses in the ratio of 9 : 6 : 5. Vijay is admitted as a partner for 1/4th share in future profits and losses. Sahil sacrifices 1/10th from his share in favour of Vijay and rest of the sacrifice was made by Avtar and Satvir in the ratio of 2 : 1. Calculate new profit-sharing ratio and sacrificing ratio.

Solution






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About this solution
This is Chapter 3 Admission of a Partner of ISC 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 Guidelines Issued by the ISC Council. Just follow our presentation of solutions and score good marks in Accountancy Exam.


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