School Assignments for Class 12 Accountancy: Part 1 Chapter 03 Reconstitution Of A Partnership Firm Retirement/Death Of A Partner
Access comprehensive school assignments for Part 1 Chapter 03 Reconstitution Of A Partnership Firm Retirement/Death Of A Partner using the CBSE Class 12 Accountancy Retirement and Death of Partner Questions. Designed to align with the 2026-27 CBSE academic guidelines, these practice sets help Class 12 Accountancy students reinforce core concepts and improve their problem-solving accuracy.
Practice Class 12 Accountancy Assignments: Part 1 Chapter 03 Reconstitution Of A Partnership Firm Retirement/Death Of A Partner
Navigate directly to the solved Accountancy assignments using the digital viewer below. Each practice set includes detailed step-by-step solutions, allowing students to instantly cross-check their work and identify areas requiring further revision.
MCQ Questions for NCERT Class 12 Accountancy Retirement And Death Of Partner
Question: As per section ------------ of the Indian Partnership Act, a retiring partner becomes entitled to profits after retirement if his dues remain unpaid
(a) Section 73
(b) Section 26
(c) Section 4
(d) Section 37
Answer: D
Question: P, Q and R were partners in a firm in the ratio of 5:4:3. They admit S for 1/7 share. It is agreed that Q would retain his original share. ----------- will be the sacrificing ratio between P and R.
(a) 5:4
(b) 1:1
(c) 5:3
(d) 4:3
Answer: C
Question: At the time of retirement, amount remaining in Investment Fluctuation Reserve after meeting the fall in value of Investment is:
(a) Credited in Sacrificing Ratio
(b) Credited in New Profit Sharing Ratio
(c) Credited in Old Profit Sharing Ratio
(d) Credited in Gaining Ratio
Answer: C
Question: Retiring partner is compensated for parting with the firm’s future profits in favour of remaining partners. The remaining partners contribute to such compensation amount in:
(a) Gaining Ratio
(b) Sacrificing Ratio
(c) Capital Ratio
(d) Profit Sharing Ratio
Answer: A
Important Questions for NCERT Class 12 Accountancy Retirement And Death Of Partner
Question: What ratio will be used for computation of the amount payable to the retiring partner for goodwill share by the continuing partner?
Answer:- Gaining Ratio
Question: When should the Profit and Loss Suspense Account be prepared?
Answer:- at the time of death for sharing the expected profit to executor
Question: Ram, Mohan and Sohan were partners sharing profits and losses in the ratio of 5:3:2. On 31st March, 2017 their Balance Sheet was as under:
Sohan died on 1st August, 2017. It was agreed that:
(i)Goodwill of the firm is to be valued at Rs..1,75,000
(ii)Machinery be valued at Rs. 1,40,000; Patents at Rs.40,000; Land at Rs.1,50,000 on this date
(iii)For the purpose of calculating Sohan’s share in the profit of 2017-18, the profits should be taken to have accrued on the same scale as in 2016-17, which were Rs.75,000
(iv)Sohan mentioned in his will that amount payable to his legal representatives should be used for welfare of the society Prepare Revaluation Account and Sohan’s Capital Account.
Answer:- Profit on revaluation will be
Ram 12500
Mohan 7500
Sohan 5000 25000
Sohan executors account (balancing figure of Sohan’s capital a/(c) 126000
Question: George, Reema and Sukhwinder are partners sharing profits in the ratio 5:2:1. Reema dies on 30th April, 2020. The profit for the year ending 31st December, 2019 wasRs. 63,000. Calculate Reema’s share of profit.
Answer: Rs. 7,000
Question: Kriti, Asma and Ayyar are partners sharing profits in the ratio 4:3:3. On Ayyar’s retirement, the value of firm’s goodwill was agreed at Rs. 30,000. Kriti and Asma agreed to share profits and losses in future in the ratio of 7:3 respectively. Give necessary journal entry in relation to goodwill, without opening its accounts.
Answer:-(i)Kriti’s Gain 3/10
(ii)Ayyar’s Share of Goodwill Rs.9,000
(iii)Kriti’s Capital A/c Dr. 9,000
To Ayyar’s Capital A/c 9,000
Question: Sumit, Salman and Cedric are partners sharing profits in the ratio of 4:3:2. Salman retires in the present financial year, what will be new ratio of Sumit and Cedric?
Answer:-4:2
Question: Ramesh, Toni and Roni are partners sharing profits in the ratio 3:2:1. Ramesh died on 10 April, 2020. The sales and profit of 2019 were Rs.3,00,000 and Rs.45,000 respectively. Sales from 1st January, 2020 to April 10 was Rs..1,20,000. Find share of Ramesh’s profit and pass necessary journal entry if:
(i)There is no change in profit sharing ratio of Toni and Roni.
(ii)Toni and Roni decided to share future profits in ratio 3:2.
Answer:- Ramesh’s share of profit 9,000
(i)Profit and Loss Suspense A/c Dr. 9,000
To Ramesh’s Capital A/c 9,000
(ii)Toni’s Capital A/c Dr. 4,800
Roni’s Capital A/c Dr. 4,200
To Ramesh’s Capital A/c 9,000
Question: Risha and Nisha were partners. The partnership deed provides:
(i)That the accounts be balanced on 31st December each year.
(ii)The profits be divided: Risha ½, Nisha 1/3 and 1/6 carried be Reserve A/c.
(iii)That in the event of death of a partner, her executors will be entitled to the following:
(a)The capital to her credit at the date of death based.
(b)Her proportion of profit to date of death based on the average profits of the last three completed years.
(c)Her share of goodwill based on three years’ purchase of the average profits for the three preceding completed years.
On 31st December, 2016, the Trial Balance was as under: 
The profits for the last 3 years were 2014- Rs.4,200; 2015-Rs.3,900 and 2016-Rs..4,500. Nisha died on 31st May, 2017.
Draw up the deceased Partner’s Capital Account
Answer:-a. Nisha’s share of Profit Rs.700
b. Nisha’s share of Goodwill Rs.5,040
c. Amount payable to Nisha’s Executor’s Rs. 77,740
Question: A, B and C were partners sharing profits in the ratio 3:2:1. C retired on 1st October, 2013 on which date capitals of A and B were Rs. 1,00,000 and Rs. 70,000 and C’s loan amounted to Rs. 40,000. The new firm earned a profit of Rs. 30,000 by the use of firms property as on 31st March, 2014.
(i)State which two options are available to C as per requirements u/s 37 of Indian Partnership Act, 1932
(ii)Which option should be opted by C and why?
Answer:- Option (i) Rs.1,200
Option (ii) Rs.5,714
Option(ii) should be opted by C as 5,714 is more than 1,200
Question: Write any three rights of a retiring partner?
Answer:- Any three of these:
1.Share in Reserves and Profits or Losses
2.Share in Revaluation of Assets and Reassessment of Liabilities
3.Share in Goodwill
4.Right to get back his Capital
Question: A, B and C were partners sharing profits in the ratio of 5:3:2. Their Balance Sheet as on 1st April, 2011 was as follows:
C retires on the above date and it was agreed that:
(i) C’s share of goodwill was Rs. 8,000
(ii) 5% provision for doubtful debts was to be made on debtors
(iii)Sundry creditors were valued Rs..4,000 more than the book value Pass necessary journal entries for the above trAnswer:actions on C’s retirement.
Answer:- Journal Entries
Revaluation A/c Dr. 4,800
To Provision for Doubtful Debts A/c 800
To Sundry Creditors A/c 4,000
A’s Capital A/c Dr. 2,400
B’s Capital A/c Dr. 1,440
C’s Capital A/c Dr. 960
To Revaluation A/c 4,800
A’s Capital A/c Dr. 5,000
B’s Capital A/c Dr. 3,000
To C’s Capital A/c 8,000
C’s Capital A/c Dr. 57,04
To C’s Loan A/c 57,040
Question: G, E and F were partners in a firm as on 31st March, 2017 was as follows
E died on 24th August, 2017. Partnership deed provides for the settlement of claims on the death of a partner in addition to his capital as under:
(i) The share of profit of deceased partner to be computed up to date of death on the basis of average profits of the past three years which was Rs. 80,000
(ii) His share on profits/losses on revaluation of assets and reassessment of liabilities which were as follows:
Land & Building were revalued at Rs. 94,000, Machinery at Rs. 38,000 and Stock at Rs. 5,000. A provision of 2.5% was to be made on debtors for bad and doubtful debts
(iii)The net amount payable to E’s executors was trAnswer:ferred to his Loan Account, to be paid later on Prepare Revaluation, Partners’ Capital Accounts. Any surplus or deficit to be trAnswer:ferred to Current Account of Partners.
Answer: a. - Profit on revaluation to be ransferred to partner’s capital account
E’s capital a/c 20790
F’s capital a/c 5940
G’s capital a/c 2970
a. Partner’s capital account balances
a. G’s capital a/c 76790
b. F’s capital a/c 10970
1. A, B and C are partners sharing profits in the ratio of 1/4:2/5:7/20. A retires and his share is taken up by B and C in the ratio of 1:2. Calculate the new ratio.
2. M, S and N are partners without any partnership deed. M retires. Calculate the future ratio of continuing partners if they agreed to acquire her share i) in the ratio of 5:3 ii) equally. Also mention their gaining ratio.
3. A,B,C and D are partners sharing profits in the ratio of 1:4:3:2. D retired and the goodwill is valued at Rs. 2,00,000. D's share of goodwill is to be adjusted into the capital accounts A,B and C who decide to share future profits in the ratio of 4:3:3.Pass necessary journal entry.
4. A and B are partners sharing profits in the ratio of A 3/6, B 2/6 and transfer to reserve 1/6. Their Balance sheet on 31st March, 2012 was as follows:
B retires on 1st April, 2012. The terms were:
(a) Goodwill is to be valued at Rs. 50,000
(b) Value of patents is to be increased by Rs. 3,000 but Plant was found over valued by Rs. 15,000.
(c) Provision for doubtful debts should be 5% on debtors and provision for discount should also be made on debtors and creditors at 3%.
(d) Out of insurance which was entirely debited to profit & loss Account Rs.870 be carried forward as unexpired insurance.
(e) Investments were revalued at Rs. 16,000.Half of these investments were taken over by B.
(f) There is a claim for workmen's compensation to the extent of Rs. 5,000.
B was paid off in full. A borrowed the necessary money from the bank on the security of plant and stock to pay off
B. Prepare Revaluation Account, Capital Accounts and the Balance sheet of A.
RETIREMENT AND DEATH OF A PARTNER
Question 1. A, B and C are partners sharing profits in the ratio of \(\frac{1}{4} : \frac{2}{5} : \frac{7}{20}\). A retires and his share is taken up by B and C in the ratio of 1:2. Calculate the new ratio.
Answer: Old ratio of A, B, and C = \(\frac{1}{4} : \frac{2}{5} : \frac{7}{20}\)
Making denominators equal (LCM = 20):
A = \(\frac{5}{20}\), B = \(\frac{8}{20}\), C = \(\frac{7}{20}\) or 5:8:7
A's share = \(\frac{5}{20}\)
A's share is taken by B and C in the ratio of 1:2.
B's gain = \(\frac{1}{3} \times \frac{5}{20} = \frac{5}{60}\)
C's gain = \(\frac{2}{3} \times \frac{5}{20} = \frac{10}{60}\)
New Share = Old Share + Gaining Share
B's new share = \(\frac{8}{20} + \frac{5}{60} = \frac{24 + 5}{60} = \frac{29}{60}\)
C's new share = \(\frac{7}{20} + \frac{10}{60} = \frac{21 + 10}{60} = \frac{31}{60}\)
New ratio of B and C = 29:31
In simple words: Add the portion gained from the retiring partner to each continuing partner's old share to get the new profit-sharing ratio.
Exam Tip: Always make the denominators equal before calculating shares, and verify that the sum of new shares equals 1.
Question 2. M, S and N are partners without any partnership deed. M retires. Calculate the future ratio of continuing partners if they agreed to acquire her share i) in the ratio of 5:3 ii) equally. Also mention their gaining ratio.
Answer: Since there is no partnership deed, profit-sharing ratio of M, S, and N is equal (1:1:1).
M retires, so her share is \(\frac{1}{3}\).
Case (i): Acquired in the ratio of 5:3.
S's gain = \(\frac{5}{8} \times \frac{1}{3} = \frac{5}{24}\)
N's gain = \(\frac{3}{8} \times \frac{1}{3} = \frac{3}{24}\)
Gaining ratio of S and N = 5:3
S's new share = \(\frac{1}{3} + \frac{5}{24} = \frac{8 + 5}{24} = \frac{13}{24}\)
N's new share = \(\frac{1}{3} + \frac{3}{24} = \frac{8 + 3}{24} = \frac{11}{24}\)
Future ratio = 13:11
Case (ii): Acquired equally.
S's gain = \(\frac{1}{2} \times \frac{1}{3} = \frac{1}{6}\)
N's gain = \(\frac{1}{2} \times \frac{1}{3} = \frac{1}{6}\)
Gaining ratio of S and N = 1:1
S's new share = \(\frac{1}{3} + \frac{1}{6} = \frac{2 + 1}{6} = \frac{3}{6}\) or \(\frac{1}{2}\)
N's new share = \(\frac{1}{3} + \frac{1}{6} = \frac{2 + 1}{6} = \frac{3}{6}\) or \(\frac{1}{2}\)
Future ratio = 1:1
In simple words: When no deed exists, share equally. The gaining ratio equals the agreed acquisition proportion.
Exam Tip: In the absence of a partnership agreement, profits and losses are shared equally under the Partnership Act 1932.
Question 3. A, B, C and D are partners sharing profits in the ratio of 1:4:3:2. D retired and the goodwill is valued at Rs. 2,00,000. D's share of goodwill is to be adjusted into the capital accounts A, B and C who decide to share future profits in the ratio of 4:3:3. Pass necessary journal entry.
Answer: Old ratio of A, B, C, D = 1:4:3:2 (Total = 10)
New ratio of A, B, C = 4:3:3 (Total = 10)
D's share = \(\frac{2}{10}\)
D's share of goodwill = Rs. \(2,00,000 \times \frac{2}{10} = \text{Rs. } 40,000\)
Calculation of Gaining/Sacrificing Ratio (New Share - Old Share):
A = \(\frac{4}{10} - \frac{1}{10} = +\frac{3}{10}\) (Gain)
B = \(\frac{3}{10} - \frac{4}{10} = -\frac{1}{10}\) (Sacrifice)
C = \(\frac{3}{10} - \frac{3}{10} = 0\) (Neither gain nor sacrifice)
Since B sacrifices, B must be credited along with D for his share of sacrifice.
B's share of goodwill = Rs. \(2,00,000 \times \frac{1}{10} = \text{Rs. } 20,000\)
A's capital account to be debited = Rs. \(2,00,000 \times \frac{3}{10} = \text{Rs. } 60,000\)
Journal Entry:
A's Capital A/c Dr. Rs. 60,000
To B's Capital A/c Rs. 20,000
To D's Capital A/c Rs. 40,000
(Being adjustment for goodwill on D's retirement)
In simple words: Partners who gain compensate both the retiring partner and any partner who sacrifices in the new profit-sharing arrangement.
Exam Tip: Always calculate individual partner gain or sacrifice. If a continuing partner sacrifices, credit their capital account with their proportionate share of goodwill.
Question 4. A and B are partners sharing profits in the ratio of A 3/6, B 2/6 and transfer to reserve 1/6. Their Balance sheet on 31st March, 2012 was as follows... B retires on 1st April, 2012. Prepare Revaluation Account, Capital Accounts and the Balance sheet of A.
Answer: Revaluation Account: Particulars & Amounts
Plant overvalued: Rs. 15,000 (Dr.)
Provision for doubtful debts (5% of 20,000 = 1,000 - 400 existing): Rs. 600 (Dr.)
Provision for discount on debtors (3% of 19,000): Rs. 570 (Dr.)
Provision for discount on creditors (3% of 10,000): Rs. 300 (Cr.)
Patents increased: Rs. 3,000 (Cr.)
Unexpired insurance: Rs. 870 (Cr.)
Investments revalued (20,000 to 16,000): Loss of Rs. 4,000 (Dr.)
Loss on Revaluation transferred to Capitals (A: 3/5, B: 2/5): Rs. 13,000 total loss.
Capital Accounts Summary: B's final balance paid off via bank loan secured against plant and stock.
Balance Sheet of A: Reflects adjusted asset and liability values, new capital for A, and the bank loan taken.
In simple words: Revalue all assets and liabilities, distribute accumulated reserves/profits, pay off the retiring partner, and draft the new balance sheet.
Exam Tip: Ensure all unrecorded assets, liabilities, and reserve adjustments are correctly passed through capital accounts before final settlement.
Question 5. Following is the Balance sheet of A, B and C as on 31st march, 2011. They shared profits in the ratio of 2:2:1... B retires on 1st April, 2011 on the following terms... Prepare the revaluation Account, Capital Account and the new Balance sheet.
Answer: Revaluation Account Summary:
Stock overvalued by Rs. 20,000 (Dr.)
Land & Building undervalued by Rs. 1,00,000 (Cr.)
Provision for doubtful debts increased to Rs. 30,000 (Dr. 5,000)
Sundry creditors written back Rs. 40,000 (Cr.)
Unrecorded computer Rs. 50,000 less depreciation for 6 months (Rs. 5,000) = Net Rs. 45,000 (Cr.)
Net Profit on Revaluation = Rs. 1,20,000 (distributed to A, B, C in 2:2:1 ratio: A: 48,000, B: 48,000, C: 24,000).
Capital Accounts & Balance Sheet prepared accordingly with B's balance transferred to loan or adjusted.
In simple words: Account for all asset/liability adjustments, unrecorded items, and goodwill adjustments to settle the retiring partner.
Exam Tip: Do not forget to charge depreciation on unrecorded assets from the date of purchase to the date of balance sheet.
Question 6. On 31st March, 2013, the balance sheet of P, Q and R, who were sharing profits in proportion to their capitals stood as follows... Q retires and the following readjustments of the assets and liabilities have been agreed upon... Prepare necessary accounts and the balance sheet of the firm of P and R. Also prepare Q's loan till it is finally settled.
Answer: Capitals of P, Q, R = 30,000 : 30,000 : 15,000 = 2:2:1.
Revaluation Account, Capital Accounts, New Balance Sheet of P and R, and Q's Loan Account with annual installments and 8% interest prepared systematically.
In simple words: Revalue assets/liabilities, determine Q's total claim, pay the cash portion, transfer the rest to Q's loan account, and adjust remaining partners' capitals.
Exam Tip: Maintain Q's loan account carefully by adding yearly interest and deducting installment payments.
Question 7. A, B and C were partners in a firm whose Balance sheet as on 31st march, 2012 was as below... B retired on that date and in this connection it was decided to make the following adjustments... Give journal entries to record the above and draft the balance sheet of the new firm.
Answer: Revaluation, adjustments for stock, furniture, doubtful debts, outstanding rent, goodwill, capital readjustment in 5:3 ratio, and bringing in sufficient cash to leave Rs. 1,000 balance in bank completed.
In simple words: Record all revaluations, adjust goodwill, bring in/take out cash to maintain desired bank balance and new capital proportions.
Exam Tip: Balance cash account carefully after paying off the retiring partner and maintaining the required closing bank balance.
Question 8. A, B and C are sharing profits in the ratio of 3:2:1. C dies on 30th june, 2011. Accounts are closed on 31st march, every year. Sales for the year ending 31st march, 2011 amounted to Rs.6,00,000. Sales from 1st April, 2011 to 30th june, 2011 amounted to Rs.2,40,000. The profit for the year ending 31st march, 2011 amounted to Rs.30,000. Calculate the deceased partner's share in the current year's profits.
Answer: Rate of profit on sales for previous year = \(\frac{\text{Profit}}{\text{Sales}} \times 100 = \frac{30,000}{6,00,000} \times 100 = 5\%\)
Sales for the current period (1st April, 2011 to 30th June, 2011) = Rs. \(2,40,000\)
Estimated profit for current period = \(2,40,000 \times \frac{5}{100} = \text{Rs. } 12,000\)
C's share in profit = \(12,000 \times \frac{1}{6} = \text{Rs. } 2,000\)
In simple words: Calculate the previous year's profit percentage on sales, apply it to current sales up to the date of death, and multiply by the deceased partner's profit share.
Exam Tip: Check the time period carefully (April 1 to June 30 is 3 months, but here sales for that exact period are already given).
Question 9. A, B and C were carrying on business with the following assets with effect from 1st april, 2011... B died on 30th september, 2011. His son claimed his father's interest in the firm. Prepare B's Personal Account.
Answer: Total Capital = Furniture (18,000) + Machine (72,000) + Cash (10,000) + Debtors (20,000) = Rs. \(1,20,000\)
B's capital share (3/10) = Rs. \(36,000\)
Interest on capital for 6 months @ 5% p.a. = \(36,000 \times \frac{5}{100} \times \frac{6}{12} = \text{Rs. } 900\)
Drawings: Rs. 600 per month for 6 months = Rs. \(3,600\)
Interest on drawings @ 6% p.a. for average period (2.5 months) = \(3,600 \times \frac{6}{100} \times \frac{2.5}{12} = \text{Rs. } 45\)
Life Policy and Goodwill adjustments calculated and posted to B's Personal/Executor Account.
In simple words: Credit B's account with capital, interest on capital, share of goodwill, and policy surrender value; debit drawings and interest on drawings to find the final amount due.
Exam Tip: Calculate interest on drawings for an average of 2.5 months when drawings are made at the beginning of each month for 6 months.
Question 10. A, B and S are partners sharing profits in the proportion of 3:2:1 and their balance sheet on march 31, 2003 stood as follows... B died on june 12, 2003 and according to the deed of the said partnership her executors are entitled to be paid as under... Pass the necessary journal entries and write the account of the executors of B.
Answer: B's Capital = Rs. \(12,000\)
Interest on capital up to June 12, 2003 (73 days) @ 10% p.a. = \(12,000 \times \frac{10}{100} \times \frac{73}{365} = \text{Rs. } 240\)
Reserve fund share (\(12,000 \times \frac{2}{6}\)) = Rs. \(4,000\)
Profit share based on sales (10% on sales for intervening period - assuming required sales data or standard calculation) and Goodwill based on average profits of 2001 (8,200), 2002 (9,000), 2003 (9,800) calculated and credited.
Investments sold at par (Rs. 13,250) and executors paid out.
In simple words: Compile all dues (capital, interest, reserves, profit share, goodwill) into B's Executor Account and record the final payout after selling investments.
Exam Tip: Always calculate exact days for time-based interest using 365 days in a year unless specified otherwise.
Free study material for Accountancy
Download Practice Assignments: Class 12 Accountancy Part 1 Chapter 03 Reconstitution Of A Partnership Firm Retirement/Death Of A Partner
Revision Assignment: Part 1 Chapter 03 Reconstitution Of A Partnership Firm Retirement/Death Of A Partner (CBSE)
Explore reliable practice questions for Part 1 Chapter 03 Reconstitution Of A Partnership Firm Retirement/Death Of A Partner tailored for Class 12 learners. Use these structured worksheets to evaluate preparedness and strengthen core problem-solving skills.
Maximize Exam Scores with Chapter Practice Sets
- Exam Alignment: Questions strictly follow contemporary CBSE sample papers and grading schemes.
- Comprehensive Coverage: Features objective drills, case studies, and structured descriptive problems for Part 1 Chapter 03 Reconstitution Of A Partnership Firm Retirement/Death Of A Partner.
- Pacing & Precision: Regular problem-solving builds critical calculation speed and test-taking accuracy.
Effective Strategy for Class 12 Accountancy Assignments
- Concept Foundation: Review the NCERT book for Class 12 Accountancy thoroughly before diving into assignment tasks.
- Self-Evaluation: Solve exercises independently before inspecting professional answer guides.
- Progress Monitoring: Note down complex formulas or concepts, clearing them up using available online practice aids.
FAQs
You can download free PDF assignments for Class 12 Accountancy Part 1 Chapter 03 Reconstitution Of A Partnership Firm Retirement/Death Of A Partner from StudiesToday.com. These practice sheets have been updated for the 2026-27 session covering all concepts from latest NCERT textbook.
Yes, our teachers have given solutions for all questions in the Class 12 Accountancy Part 1 Chapter 03 Reconstitution Of A Partnership Firm Retirement/Death Of A Partner assignments. This will help you to understand step-by-step methodology to get full marks in school tests and exams.
Yes. These assignments are designed as per the latest CBSE syllabus for 2026. We have included huge variety of question formats such as MCQs, Case-study based questions and important diagram-based problems found in Part 1 Chapter 03 Reconstitution Of A Partnership Firm Retirement/Death Of A Partner.
Practicing topicw wise assignments will help Class 12 students understand every sub-topic of Part 1 Chapter 03 Reconstitution Of A Partnership Firm Retirement/Death Of A Partner. Daily practice will improve speed, accuracy and answering competency-based questions.
Yes, all printable assignments for Class 12 Accountancy Part 1 Chapter 03 Reconstitution Of A Partnership Firm Retirement/Death Of A Partner are available for free download in mobile-friendly PDF format.