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Solution of Q 45 Fundamentals of Partnership Firm TS Grewal 2023-24 [CBSE]

Question 45 of 95Chapter 1Class 12 · CBSE✍ Vijay Adarsh

Step-by-step solution of Question 45, Chapter 1 Accounting for Partnership Firms – Fundamentals, TS Grewal Class 12 Accountancy 2023-24 for the CBSE Board.

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Question 45

The capital accounts of Tisha and Divya showed credit balances of ₹10,00,000 and ₹7,50,000 respectively after taking into account drawings and net profit of ₹5,00,000. The drawings of the partners during the year ended 31st March, 2024 were:

  1. (i) Tisha withdrew ₹25,000 at the end of each quarter.
  2. (ii) Divya’s drawings were:
TS Grewal Class 12 Fundamentals of Partnership Firm Question 45

Solution

Solution of Q 45 Fundamentals of Partnership Firm TS Grewal 2023-24 part 1
Solution of Q 45 Fundamentals of Partnership Firm TS Grewal 2023-24 part 2
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About this solution

This is Chapter 1 Accounting for Partnership Firms – Fundamentals 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.

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