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[ISC] Q. 83 Solution of Admission of Partner TS Grewal ISC 2023-24 Edition

Question 83 of 89Chapter 3Class 12 · ISC✍ Vijay Adarsh

Step-by-step solution of Question 83, Chapter 3 Admission of a Partner, TS Grewal Class 12 Accountancy 2023-24 for the ISC Board.

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Question 83

James and Aryan are in partnership sharing profits and losses in the ratio of 3/5 : 2/5. The capitals of James and Aryan after adjustments are ₹ 2,40,000 and ₹ 1,80,000 respectively. They admit Shubham as partner who is to contribute sufficient capital to take 1/5th share of profits to be acquired equally from James and Aryan. Calculate the capital to be brought in by Shubham.

TS Grewal Class 12 Admission of Partner Question 83

Solution

Solution of Q 83 Admission of Partner TS Grewal 2023-24 part 1
Solution of Q 83 Admission of Partner TS Grewal 2023-24 part 2
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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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