Guru Nanak Dev, the founder of Sikhism in the 15th century, emphasized a spiritual path based on devotion, equality, and social justice. His teachings laid the foundation for a new religious tradition that rejected ritualism and caste hierarchy.
Guru Nanak preached belief in a single, formless, eternal God who is the creator of all. He rejected idol worship and emphasized direct connection with the divine through meditation (Naam Simran).
He strongly opposed the caste system and promoted equality regardless of caste, gender, or religion. His practice of Langar (community kitchen) reflected this belief.
Guru Nanak emphasized earning one’s livelihood through honest means and discouraged idleness and dishonesty.
He encouraged his followers to share their earnings and serve others, especially the needy.
He criticized empty rituals and blind faith, advocating a life of devotion, truth, and service instead.
Guru Nanak’s teachings focused on a life of simplicity, devotion, and service to humanity. His spiritual and social messages continue to influence millions across the world.
Simar, Tanvi, and Umara were partners in a firm sharing profits and losses in the ratio of 5 : 6 : 9. On 31st March, 2024, their Balance Sheet was as follows:
| Liabilities | Amount (₹) | Assets | Amount (₹) |
| Capitals: | Fixed Assets | 25,00,000 | |
| Simar | 13,00,000 | Stock | 10,00,000 |
| Tanvi | 12,00,000 | Debtors | 8,00,000 |
| Umara | 14,00,000 | Cash | 7,00,000 |
| General Reserve | 7,00,000 | Profit and Loss A/c | 2,00,000 |
| Trade Payables | 6,00,000 | ||
| Total | 52,00,000 | Total | 52,00,000 |
Umara died on 30th June, 2024. The partnership deed provided for the following on the death of a partner:
Simar, Tanvi and Umara were partners in a firm sharing profits and losses in the ratio of 5:6:9. On 31st March, 2024 their Balance Sheet was as follows:

Umara died on 30th June, 2024. The partnership deed provided for the following on the death of a partner:
| S. No. | Particulars | Amount (in ₹ crore) |
|---|---|---|
| (i) | Operating Surplus | 3,740 |
| (ii) | Increase in unsold stock | 600 |
| (iii) | Sales | 10,625 |
| (iv) | Purchase of raw materials | 2,625 |
| (v) | Consumption of fixed capital | 500 |
| (vi) | Subsidies | 400 |
| (vii) | Indirect taxes | 1,200 |