CUET Accountancy - As per Receipts and Payments Account for the year ended on March 31, 2020, subscriptions received were Rs. 2,50,000 subscriptions outstanding on 1-04-2019 Rs. 50,000, Subscriptions received in advance as on 31-3-2020 are Rs. 30,000. Subscriptions for the year 2019-20 will be: | PYQs + Solutions

CUET Accountancy 2022 30 Aug Shift 2

Partnership

Medium

Rs. 2,30,000

Rs. 1,50,000

Rs. 2,40,000

Rs. 1,70,000

✅ Correct Option: 4

Related questions:

14 May Shift 1

In case partner's capital is fixed, then where interest on drawings charged will be shown?

20 Aug Shift 2

How will you deal with the following items while preparing for the Bombay Women Cricket Club, its Income and Expenditure Account for the year ending 31st March 2021, and its Balance Sheet, on the same date : Donation for the Pavilion construction Rs. 12,25,000, Expenditure incurred Rs. 10,80,000, Total estimate Rs. 25,00,000.

11 June Shift 3

Arrange the following in sequence of the final Accounts for a Partnership firm.

(A) Profit and Loss Account

(B) Partner's Capital Account

(D) Balance Sheet

(E) Profit and Loss Appropriation Account

Choose the correct answer from the options given below :

CUET Accountancy 2022 30 Aug Shift 2 PYQs

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