Om and Shiv are partners in a firm sharing profits equally.
| Liabilities | ₹ | Assets | ₹ |
| Debtors 1,50,000 Less: Provisoin for Doubtful Debts 15,000 |
1,35,000 |
Solution :
Q. 50 Class 12 – Solution of Admission of Partner TS Grewal (2026-27) [CBSE] Explained
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M Meenakshi
Worked as a lecturer , educator
I am a M. Com Gold Medalist from Osmania University in 1999. And a UGC NET Qualified in June 1999.
My passion and interest are in the areas of Accountancy & Financial Management. Over the last ~20 years, I have been teaching students (predominantly in Class XI, XII – All Boards and B. Com Students across Universities.