The Deceased Partner's Capital Account includes the following amount/balances: Option 1: (A), (B), (D) and (E) only Option 2: (A), (B), (C) and (D) only Option 3: (A), (B) and (C) only Option 4: (A), (B), (C) and (E) only

The answer is '(A), (B), (C) and (D) only'. View full solution:

CUET Accountancy - The Deceased Partner's Capital Account includes the following amount/balances: | PYQs + Solutions

CUET Accountancy

Partnership

Medium

(A), (B), (D) and (E) only

(A), (B), (C) and (D) only

(A), (B) and (C) only

(A), (B), (C) and (E) only

✅ Correct Option: 2

Related questions:

3 June Shift 1

Naveen, Suresh and Tarun are partners, sharing profits and losses in the ratio of 5:3:2. Suresh retires from the firm and his share was acquired by Naveen and Tarun in the ratio of 2:1. Calculate the new share of profit :

29 May Shift 2

Match List-I with List-II

List-I	List-II
(Name of ratios.)	(used for)
(A) old ratio.	(I)distribution of premium for goodwill.
(B) new ratio.	(II) for adjustment of goodwill in death of partner.
(C) sacrificing ratio.	(III) sharing revaluation profits.
(D) gaining ratio.	(IV) sharing future profits.

Choose the correct answer from the options given below:

29 May Shift 2

On R's retirement, the amount payable to him after all adjustments, work out to be Rs. 60,000 but the remaining partners P and Q agreed to pay him Rs. 75,000 in full settlement of his claim. Identify the term which represent Rs. 15,000 extra, that is paid to R.

CUET Accountancy PYQs

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