Question 13 Chapter 6 of +2 Part-1 – USHA Publication 12 Class Part – 1

Question 13 Chapter 6 of +2- Part
Q-13 - CH-6 - Usha +2 Book 2018 - Solution

Question 13 Chapter 6 of +2-Part-1

13.( Goodwill does not Exists in Books) A, B and Care partners in a firm sharing profits and losses in the ratio of 3:2:1. C retires from the firm and A and B decide to continue the business of the firm and share profits and losses in the old ratio. Goodwill of the firm is valued at Rs. 12,000 What will be the entries in the books of the firm.

The solution of Question 13 Chapter 6 of +2 Part-1: –

Day - 124 | Solution of Questions 11 to 17 Retirement of a Partner Chapter 6 Accounts class 12 PSEB

Journal
Date   Particulars
L.F. Debit Credit
a) A’s capital A/c Dr.   1,200  
  B’s capital A/c Dr.   800  
  To C’s capital A/c       2,000
  (Being goodwill debited to capital A/c of continuing partners in gaining ratio )      
         

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The solution to all questions of Chapter No. 6 – Partnership Accounts – V (Retirement and Death of A Partner) Class 12 Usha Publication – 2024 is shown as follows, click on the image of the question to get the solution.

Question 04 Chapter 6 of +2 Part-1 – USHA Publication 12 Class Part – 1

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Question 14 Chapter 6 of +2 Part-1 – USHA Publication 12 Class Part – 1

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Question 24 Chapter 6 of +2 Part-1 – USHA Publication 12 Class Part – 1

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Question 34 Chapter 6 of +2 Part-1 – USHA Publication 12 Class Part – 1

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Question 47 Chapter 6 of +2 Part-1 – USHA Publication 12 Class Part – 1

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

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Chapter-Wise Solution of Usha Publication Accountancy – Part 1 Class 12 – Session 2024-25 as per the PSEB curriculum

Check out Solutions to all questions of the every chapter shown as under. The Solution of Accountancy – Part 1 Class 12 – Session 2024-25 is provided as per the new book published by Usha Publication.

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Chapter No. 1 – Accounting Not-for-Profit Organisations (Deleted from the Syllabus)

Chapter No. 2 – Partnership Accounts – I (Introduction)

Chapter No. 3 – Partnership Accounts – II (Goodwill: Nature and Valuation)

Chapter No. 4 – Partnership Accounts – III (Reconstitution of Partnership)

Chapter No. 5 – Partnership Accounts – IV (Admission of A Partner)

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

Chapter No. 7 – Partnership Accounts – VI (Dissolution of Partnership Firm)

Also, Check out our Comprehensive Chapter-wise solution of Advanced Accountancy Part 1 Class 12 by Unimax Publication

Check out Part 2 of both books.

In Class 12th the accountancy has 2 books i.e. Part 1 and Part 2. The Books related to the Part 1 are shown above. but If you want to know more about Part 2, you can check it out from the following links. We have provided the links to both books i.e. Accountancy Part 2 by Usha Publication and Advanced Accountancy Part 2 by Unimax Publication.

1. Accountancy – Part 2 Class 12 – Session 2024-25 By Usha Publication

2. Advanced Accountancy Part 2 Class 12 by Unimax Publication

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