Solution 42 of Admission of a Partner TS Grewal Edition 2025

Solution 42 of Admission of a Partner TS Grewal Edition 2025 @sethsaccountancytricks

Arun and vijay are partners in a firm sharing profit and loss in the ratio of 3:2.,
Balance sheet (extract)
Liabilities ₹ Assets ₹
200000

If the value of machinery in the balance sheet is excess by 33/3℅, find the value of machinery to be shown in the new balance sheet.

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