[ISC] Q. 2 Solution of Admission of Partner TS Grewal ISC 2023-24 Edition
Step-by-step solution of Question 2, Chapter 3 Admission of a Partner, TS Grewal Class 12 Accountancy 2023-24 for the ISC Board.
Question 2
Lalit and Mukesh sharing profits in the ratio of 7 : 3 admit Ashok for 3/7th share in the firm which he gets 2/7th from Lalit and 1/7th from Mukesh. Calculate new profit-sharing 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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