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Solution of Q 13 Fundamentals of Partnership Firm TS Grewal 2022-23 [CBSE]

Question 13 of 88Chapter 2Class 12 · CBSE✍ Vijay Adarsh

Step-by-step solution of Question 13, Chapter 2 Accounting for Partnership Firms – Fundamentals, TS Grewal Class 12 Accountancy 2022-23 for the CBSE Board.

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Question 13

Vinod and Mohan are partners. Vinod’s Capital is ₹1,00,000 and Mohan’s Capital is ₹60,000. Interest on capital is payable @ 6% p.a. Vinod is to get salary of ₹3,000 per month. Net Profit for the year is ₹80,000. Prepare Profit & Loss Appropriation Account.

TS Grewal Class 12 Fundamentals of Partnership Firm Question 13

Solution

Solution of Q 13 Fundamentals of Partnership Firm TS Grewal 2022-23
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About this solution

This is Chapter 2 Accounting for Partnership Firms – Fundamentals 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.

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