Match List-I with List-II Option 1: (A) - (I), (B) - (II), (C) - (III), (D) - (IV) Option 2: (A) - (I), (B) - (III), (C) - (II), (D) - (IV) Option 3: (A) - (IV), (B) - (III), (C) - (II), (D) - (I) Option 4: (A) - (III), (B) - (IV), (C) - (I), (D) - (II)

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

CUET Accountancy - Match List-I with List-II | PYQs + Solutions

CUET Accountancy

Partnership

Easy

(A) - (I), (B) - (II), (C) - (III), (D) - (IV)

(A) - (I), (B) - (III), (C) - (II), (D) - (IV)

(A) - (IV), (B) - (III), (C) - (II), (D) - (I)

(A) - (III), (B) - (IV), (C) - (I), (D) - (II)

✅ Correct Option: 3

Related questions:

30 May Shift 1

In the Proforma of Partner's Capital Account under the Fluctuating capital Method, the Credit side includes the following items:

(A) Balance b/d (in case of credit opening balance)

(B) Salaries

(D) Profit and Loss Appropriation (for share of profit)

Choose the correct answer from the options given below:

27 May Shift 2

Which of the following statements relates to Fixed Capital Method?

(A) The capitals of the partners shall remain fixed unless additional capital is introduced or capital is withdrawn.

(B) All items like share of profit or loss, interest on capital, drawings, interest on drawings, etc. are recorded in Partner's Current Account.

(D) The partners' current account may show a debit or a credit balance.

Choose the correct answer from the options given below:

30 May Shift 1

Which among the following is NOT true about the Partnership?