CUET Accountancy - Determine Gain/Loss on Realisation. | PYQs + Solutions

CUET Accountancy

Partnership

Medium

Loss ₹ 2,40,000

Gain ₹ 24,000

Loss ₹ 1,70,000

Loss ₹ 2,10,000

✅ Correct Option: 1

Related questions:

15 May Shift 1

According to which section of the partnership Act 1932, the dissolution of a partnership between all the partners of a firm is called the dissolution of the firm?

4 June Shift 2

In case of dissolution of firm, the bank overdraft is transferred to:

26 May Shift 2

As per Section 48 of the Partnership Act 1932, which of the following will be utilized for payment of losses, including deficiencies of capital:

(A) Out of Profits

(B) Out of capital of Partners

(D) Creditors Assets

Choose the correct answer from the options given below:

CUET Accountancy PYQs

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