Chapter No. 2 – Accounting for Partnership Firms – Fundamentals – Book Solution

Chapter No. 2 – Accounting for Partnership Firms – Fundamentals - Book Solution-min
Chapter No. 2 – Accounting for Partnership Firms – Fundamentals - Book Solution-min

The Partnership is one of the type of business in which two or more persons/business make a formal agreement between them of sharing business ownership, profits/Losses, responsibilities and duties of the business. They also help each other in all operational activities of the business i.e. Decision making, Forecasting and increasing number of partners etc. 

In the Partnerships, the share of ownership will be distributed to the new partner as per the current market valuation of the business. The Market valuation includes a number of factors i.e. the market share of the product, customer loyalty and many more. \

For Examples: –

  • Ides and Vodafone 
  • Reliance Jio and Facebook. 
  • Red bull and Go Pro
  • Maruti Suzuki

Chapter No. 2 – Accounting for Partnership Firms – Fundamentals – Book Solution

Question 3 Chapter 2 of +2-A
Question 8 Chapter 2 of +2-A
Question 13 Chapter 2 of +2-A
Question 18 Chapter 2 of +2-A
Question 23 Chapter 2 of +2-A
Question 28 Chapter 2 of +2-A
Question 33 Chapter 2 of +2-A
Question 38 Chapter 2 of +2-A
Question 43 Chapter 2 of +2-A
Question 48 Chapter 2 of +2-A
Question 53 Chapter 2 of +2-A
Question 55 Chapter 2 of +2-A
Question 60 Chapter 2 of +2-A
Question 65 Chapter 2 of +2-A
Question 70 Chapter 2 of +2-A
Question 75 Chapter 2 of +2-A
Question 80 Chapter 2 of +2-A
Question 85 Chapter 2 of +2-A
Question 90 Chapter 2 of +2-A

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