Category: Chapter No. 6 – Partnership Accounts – V (Retirement and Death of A Partner)

Question 61 Chapter 6 of +2 Part-1 – USHA Publication 12 Class Part – 1

Shubham Sharma
Question 61 Chapter 6 of +2- Part

Question 61 Chapter 6 of +2-Part-1 61. (Revaluation A/c/Capital A/c Executor A/c/B/S) The balance sheet of A , B & C is given at 31-3-2017 : Liabilities Rs.  Assets  Rs.  Capital A/c     Cash at bank 17,000 A 25,000 Debtors                     Read More …

Question 60 Chapter 6 of +2 Part-1 – USHA Publication 12 Class Part – 1

Shubham Sharma
Question 60 Chapter 6 of +2- Part

Question 60 Chapter 6 of +2-Part-1 60. (Journal Entries/Executor’s A/c) Bansal , Gupta and Goyal were partners, sharing profits and losses equally. Following was their Balance Sheet as on 31 March, 2018 Liabilities  Rs. Assets  Rs.  Creditors  4,000 Cash at Read More …

Question 57 Chapter 6 of +2 Part-1 – USHA Publication 12 Class Part – 1

Shubham Sharma
Question 57 Chapter 6 of +2- Part

Question 57 Chapter 6 of +2-Part-1 57. (Journal Entries/Deceased Partner’s Executor A/c) A, B and Care partners sharing profits and loss in the ratio of 3:2 1 respectively. On 31st December, 2017 their balance sheet was as under : Liabilities  Read More …

Question 56 Chapter 6 of +2 Part-1 – USHA Publication 12 Class Part – 1

Shubham Sharma
Question 56 Chapter 6 of +2- Part

Question 56 Chapter 6 of +2-Part-1 56. (Journal Entries/Amount due to executors of deceased Partner) Following is the balance sheet of Black, Brown, and White as of 31st December 2018 Liabilities  Rs. Assets  Rs.  Capital A/c    Plant & Machinery  Read More …