Solution of Q 11 Retirement of Partner TS Grewal 2022-23 [CBSE]
Step-by-step solution of Question 11, Chapter 6 Retirement of a Partner, TS Grewal Class 12 Accountancy 2022-23 for the CBSE Board.
Question 11
Om, Ram and Shanti are partners in a firm sharing profits and losses in the ratio of 4 : 3 : 2. Ram retires from the firm. Calculate new profit-sharing ratio of Om and Shanti in the following circumstances:
- (a) If Ram gives his share to Om and Shanti in the original ratio of Om and Shanti.
- (b) If Ram gives his share to Om and Shanti in equal proportion.
- (c) If Ram gives his share to Om and Shanti in the ratio of 3 : 1.
- (d) If Ram gives his share to Om only.

Solution


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About this solution
This is Chapter 6 Retirement 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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