Chapter No. 7 – Dissolution of a Partnership Firm – Solution – Class 12

Chapter No. 7 - Dissolution of a Partnership Firm - Solution - Class 12-min

Chapter No. 7 – Dissolution of a Partnership Firm – Solution – Class 12 of the all practical problems with the animation and videos. First, we will clarify the meaning of the term of Dissolution of a Partnership Firm shown as following: 

Meaning of Dissolution of a Partnership Firm: –

Dissolution of Partnership Firm means the discontinuation of the operation of the firm or Closing down or wound up the operation of the Partnership Firm. In this situation, all assets of the firm will be sold, all liabilities paid off and the balance of capital and current account will be adjusted with the available cash balance(if any).

According to Section 39 of the Indian Partnership Act, 1932: –

“Dissolution of the firm means dissolution of partnership among all the partners in the firm.” 

Methods of Dissolution of A Firm: – 

The methods by which a firm can be dissolved shown as following: –

  1. All Partners’ Mutual Agreement. 
  2. Compulsory Dissolution by Law. 
  3. Notice to all partners by one partner
  4. On some special events 
  5. By Court Order. 

Read the Full Article from the following link: –

Dissolution of a Partnership Firm – its Methods

Chapter No. 7 – Dissolution of a Partnership Firm – Solution – Class 12

Question No.01 Chapter No.7 T.S. Grewal 2 Book 2019 Solution min min 360x203 - Chapter No. 7 - Dissolution of a Partnership Firm - Solution - Class 12
Question 01 Chapter 7 of +2-A 1. Pass Journal entries in the following cases? a Expenses of realization 1,500. b Expenses ...
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Question No.02 Chapter No.7 T.S. Grewal 2 Book 2019 Solution min min 360x203 - Chapter No. 7 - Dissolution of a Partnership Firm - Solution - Class 12
Question 02 Chapter 7 of +2-A 2. Pass Journal entries for the following: a Realisation expenses of 15,000 were to be ...
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Question No.03 Chapter No.7 T.S. Grewal 2 Book 2019 Solution min min 360x203 - Chapter No. 7 - Dissolution of a Partnership Firm - Solution - Class 12
Question 03 Chapter 7 of +2-A 3. Pass Journal entries for the following: a Realisation expenses amounted to 10,000 were paid ...
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Question No.04 Chapter No.7 T.S. Grewal 2 Book 2019 Solution min min 360x203 - Chapter No. 7 - Dissolution of a Partnership Firm - Solution - Class 12
Question 04 Chapter 7 of +2-A 4. Record necessary Journal entries in the following cases: a Creditors worth 85,000 accepted 40,000 ...
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Question No.05 Chapter No.7 T.S. Grewal 2 Book 2019 Solution min min 360x203 - Chapter No. 7 - Dissolution of a Partnership Firm - Solution - Class 12
Question 05 Chapter 7 of +2-A 5. Pass Journal entries for the following at the time of dissolution of a firm: ...
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Question No.06 Chapter No.7 T.S. Grewal 2 Book 2019 Solution min min 360x203 - Chapter No. 7 - Dissolution of a Partnership Firm - Solution - Class 12
Question 06 Chapter 7 of +2-A 6. Pass Journal entries for the following transactions at the time of dissolution of the ...
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Question No.07 Chapter No.7 T.S. Grewal 2 Book 2019 Solution min min 360x203 - Chapter No. 7 - Dissolution of a Partnership Firm - Solution - Class 12
Question 07 Chapter 7 of +2-A 7.Pass necessary Journal entries for the following transactions on the dissolution of the firm P ...
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Question No.08 Chapter No.7 T.S. Grewal 2 Book 2019 Solution min min 360x203 - Chapter No. 7 - Dissolution of a Partnership Firm - Solution - Class 12
Question 08 Chapter 7 of +2-A 8. X, Y and Z are partners in a firm sharing profits in the ratio ...
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Question No.09 Chapter No.7 T.S. Grewal 2 Book 2019 Solution min min 360x203 - Chapter No. 7 - Dissolution of a Partnership Firm - Solution - Class 12
Question 09 Chapter 7 of +2-A 9. Pass necessary Journal entries to record the following unrecorded assets and liabilities in the ...
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Question No.10 Chapter No.7 T.S. Grewal 2 Book 2019 Solution min min 1 360x203 - Chapter No. 7 - Dissolution of a Partnership Firm - Solution - Class 12
Question 10 Chapter 7 of +2-A 10. Aman and Harsh were partners in a firm. They decided to dissolve their firm ...
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Question No.11 Chapter No.7 T.S. Grewal 2 Book 2019 Solution min min 360x203 - Chapter No. 7 - Dissolution of a Partnership Firm - Solution - Class 12
Question 11 Chapter 7 of +2-A 11. Rohit, Kunal and Sarthak are partners in a firm. They decided to dissolve their ...
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Question No.12 Chapter No.7 T.S. Grewal 2 Book 2019 Solution min min 360x203 - Chapter No. 7 - Dissolution of a Partnership Firm - Solution - Class 12
Question 12 Chapter 7 of +2-A 12. Book Value of assets other than cash and bank transferred to Realization Account is ...
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Question No.13 Chapter No.7 T.S. Grewal 2 Book 2019 Solution min min 360x203 - Chapter No. 7 - Dissolution of a Partnership Firm - Solution - Class 12
Question 13 Chapter 7 of +2-A 13. Lal and Pal were partners in a firm sharing profits in the ratio of ...
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Question No.14 Chapter No.7 T.S. Grewal 2 Book 2019 Solution min min 360x203 - Chapter No. 7 - Dissolution of a Partnership Firm - Solution - Class 12
Question 14 Chapter 7 of +2-A 14. Pass the Journal entries for the following transactions on the dissolution of the firm ...
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Question No.15 Chapter No.7 T.S. Grewal 2 Book 2019 Solution min min 360x203 - Chapter No. 7 - Dissolution of a Partnership Firm - Solution - Class 12
Question 15 Chapter 7 of +2-A 15. What Journal entries would be passed for discharge of following unrecorded liabilities on the ...
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Question No.16 Chapter No.7 T.S. Grewal 2 Book 2019 Solution min min 360x203 - Chapter No. 7 - Dissolution of a Partnership Firm - Solution - Class 12
Question 16 Chapter 7 of +2-A 16. Pass necessary Journal entries on the dissolution of a firm in the following cases: ...
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Question No.17 Chapter No.7 T.S. Grewal 2 Book 2019 Solution min min 360x203 - Chapter No. 7 - Dissolution of a Partnership Firm - Solution - Class 12
Question 17 Chapter 7 of +2-A 17. Ramesh and Umesh were partners in firm sharing profits in the ratio of their ...
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Question No.18 Chapter No.7 T.S. Grewal 2 Book 2019 Solution min min 360x203 - Chapter No. 7 - Dissolution of a Partnership Firm - Solution - Class 12
Question 18 Chapter 7 of +2-A 18. Balance Sheet of a firm as at 31st March 2018, when it was decided ...
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Question No.19 Chapter No.7 T.S. Grewal 2 Book 2019 Solution min min 360x203 - Chapter No. 7 - Dissolution of a Partnership Firm - Solution - Class 12
Question 19 Chapter 7 of +2-A 19. Achal and Vishal were partners in firm sharing profits in the ratio of 3: ...
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Question No.20 Chapter No.7 T.S. Grewal 2 Book 2019 Solution min min 360x203 - Chapter No. 7 - Dissolution of a Partnership Firm - Solution - Class 12
Question 20 Chapter 7 of +2-A 20. Bale and Yale are equal partners of a firm. They decide to dissolve their ...
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Question No.21 Chapter No.7 T.S. Grewal 2 Book 2019 Solution min min 360x203 - Chapter No. 7 - Dissolution of a Partnership Firm - Solution - Class 12
Question 21 Chapter 7 of +2-A 21. Shilpa, Meena and Nanda decided to dissolve their partnership on 31st March, 2018. Their ...
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Question No.22 Chapter No.7 T.S. Grewal 2 Book 2019 Solution min min 360x203 - Chapter No. 7 - Dissolution of a Partnership Firm - Solution - Class 12
Question 22 Chapter 7 of +2-A 22. A and B are partners in a firm sharing profits and losses in the ...
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Question No.23 Chapter No.7 T.S. Grewal 2 Book 2019 Solution min min 360x203 - Chapter No. 7 - Dissolution of a Partnership Firm - Solution - Class 12
Question 23 Chapter 7 of +2-A 23. Balance Sheet of P, Q and R as at 31st March, 2018, who were ...
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Question No.24 Chapter No.7 T.S. Grewal 2 Book 2019 Solution min min 360x203 - Chapter No. 7 - Dissolution of a Partnership Firm - Solution - Class 12
Question 24 Chapter 7 of +2-A 24. Vnod, Vijay and Venkat are partners sharing profits and losses in the ratio of ...
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Question No.25 Chapter No.7 T.S. Grewal 2 Book 2019 Solution min min 360x203 - Chapter No. 7 - Dissolution of a Partnership Firm - Solution - Class 12
Question 25 Chapter 7 of +2-A 25. P, Q and R were partners in firm sharing profits and losses in the ...
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Question No.26 Chapter No.7 T.S. Grewal 2 Book 2019 Solution min min 360x203 - Chapter No. 7 - Dissolution of a Partnership Firm - Solution - Class 12
Question 26 Chapter 7 of +2-A 26. Ashu and Harish are partners sharing profits and losses as 3: 2. They decided ...
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Question No.27 Chapter No.7 T.S. Grewal 2 Book 2019 Solution min min 360x203 - Chapter No. 7 - Dissolution of a Partnership Firm - Solution - Class 12
Question 27 Chapter 7 of +2-A 27. A, B and C were equal partners. On 31st March 2018, their Balance Sheet ...
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Question No.28 Chapter No.7 T.S. Grewal 2 Book 2019 Solution min min 360x203 - Chapter No. 7 - Dissolution of a Partnership Firm - Solution - Class 12
Question 28 Chapter 7 of +2-A 28. A, B and C are in partnership sharing profits and losses in the proportions ...
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Question No.29 Chapter No.7 T.S. Grewal 2 Book 2019 Solution min min 1 360x203 - Chapter No. 7 - Dissolution of a Partnership Firm - Solution - Class 12
Question 29 Chapter 7 of +2-A 29. A and B are partners in a firm sharing profits and losses in the ...
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Question No.30 Chapter No.7 T.S. Grewal 2 Book 2019 Solution min min 360x203 - Chapter No. 7 - Dissolution of a Partnership Firm - Solution - Class 12
Question 30 Chapter 7 of +2-A 30. Ashok, Babu and Chetan are in partnership sharing profit in the proportion of 1/2, ...
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Question No.31 Chapter No.7 T.S. Grewal 2 Book 2019 Solution min min 360x203 - Chapter No. 7 - Dissolution of a Partnership Firm - Solution - Class 12
Question 31 Chapter 7 of +2-A 31. X, Y and Z carrying on business as merchants and sharing profits and losses ...
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Question No.32 Chapter No.7 T.S. Grewal 2 Book 2019 Solution min min 360x203 - Chapter No. 7 - Dissolution of a Partnership Firm - Solution - Class 12
Question 32 Chapter 7 of +2-A 32. Mrs Rita Chowdhary and Miss Sobha are partners in a firm, Fancy Garments Exports, ...
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Question No.33 Chapter No.7 T.S. Grewal 2 Book 2019 Solution min min 360x203 - Chapter No. 7 - Dissolution of a Partnership Firm - Solution - Class 12
Question 33 Chapter 7 of +2-A 33. Following is the Balance Sheet of Arvind and Balbir as at 31st March 2018: ...
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Question No.34 Chapter No.7 T.S. Grewal 2 Book 2019 Solution min min 360x203 - Chapter No. 7 - Dissolution of a Partnership Firm - Solution - Class 12
Question 34 Chapter 7 of +2-A 34. Anju, Manju and Sanju were partners in firm sharing profits in the ratio of ...
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Question No.35 Chapter No.7 T.S. Grewal 2 Book 2019 Solution min min 360x203 - Chapter No. 7 - Dissolution of a Partnership Firm - Solution - Class 12
Question 35 Chapter 7 of +2-A 35. A, B and C were in partnership sharing profits in the ratio of 7: ...
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Question No.36 Chapter No.7 T.S. Grewal 2 Book 2019 Solution min min 360x203 - Chapter No. 7 - Dissolution of a Partnership Firm - Solution - Class 12
Question 36 Chapter 7 of +2-A 36. Following is the Balance Sheet of Vishnu, Sanjiv and Sudhir as at 31st March ...
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Question No.37 Chapter No.7 T.S. Grewal 2 Book 2019 Solution min min 360x203 - Chapter No. 7 - Dissolution of a Partnership Firm - Solution - Class 12
Question 37 Chapter 7 of +2-A 37. A B and C were partners sharing profits in the ratio of 2: 2: ...
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Question No.38 Chapter No.7 T.S. Grewal 2 Book 2019 Solution min min 360x203 - Chapter No. 7 - Dissolution of a Partnership Firm - Solution - Class 12
Question 38 Chapter 7 of +2-A 38. Krishna and Arjun are partners in a firm. They share profits in the ratio ...
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Question No.39 Chapter No.7 T.S. Grewal 2 Book 2019 Solution min min 360x203 - Chapter No. 7 - Dissolution of a Partnership Firm - Solution - Class 12
Question 39 Chapter 7 of +2-A 39. There are two partners X and Y in a firm and their capitals are ...
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Question No.40 Chapter No.7 T.S. Grewal 2 Book 2019 Solution min min 360x203 - Chapter No. 7 - Dissolution of a Partnership Firm - Solution - Class 12
Question 40 Chapter 7 of +2-A 40. A, B and C were partners sharing profits int he ratio of 5 : ...
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Question No.41 Chapter No.7 T.S. Grewal 2 Book 2019 Solution min min 360x203 - Chapter No. 7 - Dissolution of a Partnership Firm - Solution - Class 12
Question 41 Chapter 7 of +2-A 40. A and B were partners sharing profits and losses as to 7/11th to A ...
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Question No.42 Chapter No.7 T.S. Grewal 2 Book 2019 Solution min min 360x203 - Chapter No. 7 - Dissolution of a Partnership Firm - Solution - Class 12
Question 42 Chapter 7 of +2-A 41. A and B dissolve their partnership . Their position as at 31st March , ...
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Question No.43 Chapter No.7 T.S. Grewal 2 Book 2019 Solution min min 360x203 - Chapter No. 7 - Dissolution of a Partnership Firm - Solution - Class 12
Question 43 Chapter 7 of +2-A 43. Ashok and Kishore were in partnership sharing profits in the ratio of 3: 1 ...
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Question No.44 Chapter No.7 T.S. Grewal 2 Book 2019 Solution min min 360x203 - Chapter No. 7 - Dissolution of a Partnership Firm - Solution - Class 12
Question 44 Chapter 7 of +2-A 44. X, Y and Z entered into a partnership and contributed 9,000; 6,000 and 3,000 ...
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Question No.45 Chapter No.7 T.S. Grewal 2 Book 2019 Solution min min 360x203 - Chapter No. 7 - Dissolution of a Partnership Firm - Solution - Class 12
Question 45 Chapter 7 of +2-A 45. A, B and C started business on 1st April, 2016 with capitals of 1,00,000; ...
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Question No.46 Chapter No.7 T.S. Grewal 2 Book 2019 Solution min min 360x203 - Chapter No. 7 - Dissolution of a Partnership Firm - Solution - Class 12
Question 46 Chapter 7 of +2-A 46. A, B and C were in partnership sharing profits and losses in the ratio ...
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Question No.47 Chapter No.7 T.S. Grewal 2 Book 2019 Solution min min 360x203 - Chapter No. 7 - Dissolution of a Partnership Firm - Solution - Class 12
Question 47 Chapter 7 of +2-A 47. On 1st April, 2017 , A , B and C commenced business in partnership ...
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Question No.48 Chapter No.7 T.S. Grewal 2 Book 2019 Solution min min 360x203 - Chapter No. 7 - Dissolution of a Partnership Firm - Solution - Class 12
Question 48 Chapter 7 of +2-A 48. The partnership between A and B was dissolved on 31st March, 2018. On that ...
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Question No.49 Chapter No.7 T.S. Grewal 2 Book 2019 Solution min min 360x203 - Chapter No. 7 - Dissolution of a Partnership Firm - Solution - Class 12
Question 49 Chapter 7 of +2-A 49. X and Y were partners sharing profits and losses in the ratio of 3: ...
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Question No.50 Chapter No.7 T.S. Grewal 2 Book 2019 Solution min min 1 360x203 - Chapter No. 7 - Dissolution of a Partnership Firm - Solution - Class 12
Question 50 Chapter 7 of +2-A 50. P, Q and R are three partners sharing profits and losses in the ratio ...
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Question No.51 Chapter No.7 T.S. Grewal 2 Book 2019 Solution min min 360x203 - Chapter No. 7 - Dissolution of a Partnership Firm - Solution - Class 12
Question 51 Chapter 7 of +2-A 51. X, Y and Z entered into partnership on 1st April, 2016. They contributed capital ...
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Check out T.S. Grewal Book Keeping +2 @ Official Website of Sultan Chand Publication

2 Book 1 min - Chapter No. 7 - Dissolution of a Partnership Firm - Solution - Class 12
T.S. Grewal’s Double Entry Book Keeping +2 (Vol. I: Accounting for Not-for-Profit Organizations and Partnership Firms)