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[ISC] Q. 23 Solution of Admission of Partner TS Grewal ISC 2023-24 Edition

Question 23 of 89Chapter 3Class 12 · ISC✍ Vijay Adarsh

Step-by-step solution of Question 23, Chapter 3 Admission of a Partner, TS Grewal Class 12 Accountancy 2023-24 for the ISC Board.

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Question 23

Seerat and Manbir are partners in a firm sharing profits and losses in the ratio of 3 : 2. A new partner Anya is admitted. Seerat surrenders 1/5th of her share and Manbir 2/5th of his share in favour of Anya. For the purpose of Anya’s admission, goodwill of the firm is valued at ₹ 75,000 and Anya brings her share of goodwill in cash which is retained in the firm’s books. Journalise the above transactions.

TS Grewal Class 12 Admission of Partner Question 23

Solution

Solution of Q 23 Admission of Partner TS Grewal 2023-24 part 1
Solution of Q 23 Admission of Partner TS Grewal 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 23 Admission of Partner TS Grewal 2023-24 part 3
Solution of Q 23 Admission of Partner TS Grewal 2023-24 part 4
Solution of Q 23 Admission of Partner TS Grewal 2023-24 part 5
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Solution of Q 23 Admission of Partner TS Grewal 2023-24 part 6
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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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