Free step-by-step Accountancy solutions · Class 11 & 12 · CBSE & ISC📚 Books & Courses▶ YouTube📱 Get the app
TS GrewalDK GoelNotesMCQSample PapersSyllabusCareer

Solution of Q 32 Admission of Partner TS Grewal 2023-24 [CBSE]

Question 32 of 86Chapter 4Class 12 · CBSE✍ Vijay Adarsh

Step-by-step solution of Question 32, Chapter 4 Admission of a Partner, TS Grewal Class 12 Accountancy 2023-24 for the CBSE Board.

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

Question 32

On the admission of Rao, goodwill of Murty and Shah is valued at ₹ 30,000. Rao is to get 1/4th share of profits. Previously Murty and Shah shared profits in the ratio of 3 : 2. Rao is unable to bring amount of goodwill. Give Journal entries in the books of Murty and Shah when: (a) Goodwill does not exist in the books; and (b) Goodwill exists in the books at ₹ 10,000.

TS Grewal Class 12 Admission of a Partner Question 32

Solution

Solution of Q 32 Admission of a Partner TS Grewal 2023-24 part 1
Solution of Q 32 Admission of a Partner TS Grewal 2023-24 part 2
🤔 Doubt in this solution? Ask Vijay Sir below ↓✓Check your preparation for this chapterAdmission of a Partner · MCQs with answers · Class 12Take the MCQ test →

12th Accounts Revision Book

Stuck on this question? Ask Vijay Sir

Be the first to ask on this question.
LEAVE A REPLY

Ask your doubtFree. Vijay Sir replies here and you get an email when he does.

0 / 1500

🔒 No spam. Your email is never shown.

All questions of Chapter 4

1234567891011121314151617181920212223242526272829303132333435363738394041424344454647484950515253545556575859606162636465666768697071727374757677787980818283848586

Orange = this question · Grey = already opened.

About this solution

This is Chapter 4 Admission of Partner of 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 CBSE Guidelines. Just follow our presentation of solutions and score good marks in Accountancy Board Exam.

Get free help