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Solution of Q 10 Admission of Partner TS Grewal 2022-23 [CBSE]

Question 10 of 86Chapter 5Class 12 · CBSE✍ Vijay Adarsh

Step-by-step solution of Question 10, Chapter 5 Admission of a Partner, TS Grewal Class 12 Accountancy 2022-23 for the CBSE Board.

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Question 10

Find New Profit-sharing Ratio:

  1. (i) R and T are partners in a firm sharing profits in the ratio of 3 : 2. S joins the firm. R surrenders 1/4th of his share and T 1/5th of his share in favour of S.
  2. (ii) A and B are partners. They admit C for 1/4th share. In future, the ratio between A and B would be 2 : 1.
  3. (iii) A and B are partners sharing profits and losses in the ratio of 3 : 2. They admit C for 1/5th share in the profit. C acquires 1/5th of his share from A and 4/5th share from B.
  4. (iv) A, B and C are partners in the ratio of 1/2 : 1/3 : 1/6. D joins the firm as a new partner for 1/6th share in profits. C would retain his original share.
  5. (v) A and B are equal partners. They admit C and D as partners with 1/5th and 1/6th share respectively.
  6. (vi) A and B are partners sharing profits in the ratio of 5 : 3. C is admitted for 3/10th share of profit half of which was gifted by A and the remaining share was taken by C equally from A and B.
TS Grewal Class 12 Admission of a Partner Question 10 part 1
TS Grewal Class 12 Admission of a Partner Question 10 part 2

Solution

Solution of Q 10 Admission of a Partner TS Grewal 2022-23 part 1
Solution of Q 10 Admission of a Partner TS Grewal 2022-23 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 10 Admission of a Partner TS Grewal 2022-23 part 3
Solution of Q 10 Admission of a Partner TS Grewal 2022-23 part 4
Solution of Q 10 Admission of a Partner TS Grewal 2022-23 part 5
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About this solution

This is Chapter 5 Admission of Partner of TS Grewal Edition 2022-23.

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 Accountancy Board Exam.

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