CUET Accountancy - Which of the following would affect the Revaluation Account at the time of admission of a partner? | PYQs + Solutions

CUET Accountancy

Partnership

Easy

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

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

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

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

✅ Correct Option: 3

Related questions:

3 June Shift 1

Match List-I with List-II

List–I	List–II
(A) Existing Goodwill	(I) no entry passed.
(B) Goodwill premium	(II) Calculated on the basis of capital of partners.
(C) Goodwill paid privately	(III) Written off.
(D) Hidden goodwill	(IV) credited to sacrificing partner.

Choose the correct answer from the options given below:

13 May Shift 2

Which of the following factors leads to a higher goodwill for firms?

(A) Firms having long term contracts for supply of materials

(B) Firms with efficient management

(D) Firms which do not have competitive advantages

Choose the correct answer from the options given below:

27 May Shift 1

Arrange in correct sequence at a time of admission of partner-

(A) Adjustments of capital accounts.

(B) Valuation of goodwill

Choose the correct answer from the options given below:

CUET Accountancy PYQs