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Solution of Q 45 Admission of Partner TS Grewal 2022-23 [CBSE]

Question 45 of 86Chapter 5Class 12 · CBSE✍ Vijay Adarsh

Step-by-step solution of Question 45, Chapter 5 Admission of a Partner, TS Grewal Class 12 Accountancy 2022-23 for the CBSE Board.

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Question 45

Pass entries in firm’s Journal for the following on admission of a partner:

  1. (i) Unrecorded Investments of ₹ 20,000 are to be accounted.
  2. (ii) Unrecorded liability towards suppliers for ₹ 5,000 is to be accounted.
  3. (iii) An item of ₹ 1,600 included in Sundry Creditors is not likely to be claimed and hence should be written back.
TS Grewal Class 12 Admission of a Partner Question 45

Solution

Solution of Q 45 Admission of a Partner TS Grewal 2022-23
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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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