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Solution of Q 43 Fundamentals of Partnership Firm TS Grewal 2022-23 [CBSE]

Question 43 of 88Chapter 2Class 12 · CBSE✍ Vijay Adarsh

Step-by-step solution of Question 43, Chapter 2 Accounting for Partnership Firms – Fundamentals, TS Grewal Class 12 Accountancy 2022-23 for the CBSE Board.

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Question 43

Calculate the amount of Manan’s monthly drawings for the year ended 31st March, 2022, in the following alternative cases when Partnership Deed allows interest on drawings @ 10% p.a.:

  1. (i) If interest on drawings is ₹1,950 and he withdrew a fixed amount in the beginning of each month.
  2. (ii) If interest on drawings is ₹2,400 and he withdrew a fixed amount in the middle of each month.
  3. (iii) If interest on drawings is ₹2,750 and he withdrew a fixed amount at the end of each month.
TS Grewal Class 12 Fundamentals of Partnership Firm Question 43

Solution

Solution of Q 43 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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