Match List I with List II | LIST I | LIST II | |---|---| | A. Loss on Revaluation | I. Credited to old partners in old ratio | | B. Profit on Revaluation | II. Debited to profit and loss suspense A/C | | C. Premium brought by new partner | III. Credited to old partners in sacrificing ratio | | D. On the death of a partner, profit till the date of death is Rs. 2,000 | IV. Debited to old partners in the old ratio | Choose the correct answer from the options given below:

Question

Option 1: A-I, B-IV, C-III, D-II

Option 2: A-IV, B-I, C-III, D-II

Option 3: A-II, B-I, C-IV, D-III

Option 4: A-III, B-II, C-IV, D-I

AfterBoards · Accepted Answer

The answer is 'A-IV, B-I, C-III, D-II'. View full solution:

CUET Accountancy 2023 29 May Shift 2 PYQs

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