| CLASS-12 ACCOUNTANCY (TS Grewal 2025-26 Solutions) |
|---|
Accounting for Partnership firm Vol-1
1. Accounting of Partnership Firms FundamentalsSolution – 2. Mahesh, Ramesh and Suresh are partners in a firm. They do not have a Partnership Deed. At the end of the first year of the business, they… 2. GoodwillAverage Profit Method:- Q1. Goodwill is to be valued at three year purchase of four year average profit. Profit of the firm for last four years ending 31st March, were:… 3. Change in Profit-Sharing RatioSacrificing and Gaining Share:- Q1. Om and Shyam are sharing profits and losses equally. With effect from 1st April, 2025, they agree to share profits in the ratio of 4:3…. |
|---|
Company Accounts Vol-2
Analysis of Financial Statement Vol-3