Here you can find the solutions for Chapter 3 of T S Grewal Class 12 Accountancy book for the 2026-27 session. The chapter name is Change in Profit Sharing Ratio. All the questions are solved with working notes. All the solutions follow the latest CBSE/ICSE/State Boards curriculum (2026-2027).
This chapter covers the following topics — Calculation of Sacrificing Ratio and Gaining Ratio, Accounting for Goodwill at the time of change in profit sharing ratio, Accounting for reserves, accumulated profits and reserves at the time of Change in profit sharing ratio, Revaluation of Assets and Reassessment of Liabilities, Preparation of Balance Sheet at the time of Change in profit sharing ratio and Adjustment of Capital.
These in-depth solutions are perfect for both students and teachers. These solutions are also valuable for CA Foundation partnership accounts , and other professional courses like CS Foundation accounts and CMA Foundation accounts.
Q 11 to 20
Q 21 to 30
For solutions of other chapters of T S Grewal Class 12 2026-27 click here