Q3 Retirement of a Partner TS Grewal Solutions Class 12 Accountancy 2024-25

Welcome to CommerceNinja’s solutions for TS Grewal’s Class 12 Retirement of a Partner For the session 2024-25.

Our expertly crafted notes break down complex cash flow concepts into clear, manageable steps, ensuring you grasp both preparation and interpretation.

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Q3. R, S and M are partners sharing profits in the ratio of 2/5, 2/5, and 1/5. M decides to retire from the business and his share is taken by R and S in the ratio of 1 : 2. Calculate the new profit-sharing ratio.

SOLUTION:

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More TS Grewal Class 12 Accountancy Solutions for Retirement of a Partner

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