Author: Amanpreet Kaur

Question 40 Chapter 7 of Class 12 Part – 1 2024 40. (Realisation A/c/Cash A/c/Capital A/c’s) The partnership between Read and Write was dissolved on 31-3-2017. On that date the respective credits to the capitals were Read Rs. 1,70,000 and Read More …

Question 39 Chapter 7 of Class 12 Part – 1 2024 39. (Realisation A/c) Sachin and Tarun were partners sharing profits and losses as to 2/3 and 1/3 respectively. On 31st December 2015 they dissolved the partnership firm when their Read More …

Question 38 Chapter 7 of Class 12 Part – 1 2024 38. (Memorandum Balance Sheet/Ledger Ales) A and B were partners in a business sharing profits and losses in the ratio of 3 :1 respectively. They decided to dissolve their Read More …

Question 37 Chapter 7 of Class 12 Part – 1 2024 37. (Journal/Realisation A/e/Partner’s Capital A/e) Prakash, Kiran and Rishabh are partners in a firm sharing profits and losses in the ratio of 3:21 Their Balance sheet an at 31 Read More …

Question 36 Chapter 7 of Class 12 Part – 1 2024 36. (Unrecorded Asset and Liability/Journal/Ledger A/c s) X, Y and Z are partners sharing profits in the proportion of 3: 2:1. They dissolved the firm on December 31, 2015. Read More …