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Dissolution of partnership firm, sum no 7,

13 Dec 2020 7:12 pm

Saiesh, Sumit and Hemant were in partnership sharing Profits and Losses in the ratio 2:2:1. – Book Keeping and Accountancy

[6] Dissolution of Partnership Firm – Practical problem – (Balbharati Book Keeping and Accountancy 12th Board Exam)

Practical problem | Q 7 | Page 247

Saiesh, Sumit, and Hemant were in partnership sharing Profits and Losses in the ratio 2:2:1. They decided to dissolve their partnership firm on 31st March 2019 and their Balance Sheet on that date stood as;

Balance Sheets as on 31st March 2019

SOLUTIONS


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