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NCERT Solutions for Class 12 Reconstitution of a Partnership Firm: Retirement/Death of a Partner

NCERT Solutions for Class 12 Reconstitution of a Partnership Firm: Retirement/Death of a Partner provide clear and step-by-step explanations of important partnership accounting concepts. This chapter covers key topics such as calculation of gaining ratio, treatment of goodwill, revaluation of assets and liabilities, adjustment of reserves and accumulated profits/losses, settlement of retiring/deceased partner’s dues, and preparation of revised balance sheet. Each solution is presented with proper formats and working notes according to the latest CBSE syllabus, making complex numerical problems easier to understand.

Reconstitution of a Partnership Firm: Retirement/Death of a Partner
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These solutions are highly useful for homework, revision, and board exam preparation, helping students improve conceptual clarity, accuracy, and confidence in solving partnership reconstitution problems. With detailed explanations and practical examples, students can easily understand both theoretical and numerical aspects of retirement or death of a partner. NCERT Solutions serve as a complete study resource to strengthen partnership accounting concepts and help students score high marks in Class 12 Accountancy board examinations.

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