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:

27 May Shift 1

Sameer and Yasmin are partners with capitals of Rs 15,00,000 and Rs 10,00,000 respectively. They agreed to share profits in the ratio of 3:2. The books are closed on March 31, every year. They admit Ravi on October 1, 2019 in the partnership, who bring Rs 12,00,000 as capital and Sameer also introduced additional capital Rs 3,00,000 on that date. Interest on partner's capital is provided @5% p.a. The amount of interest on the capital of Sameer for the year 2019-20 is-

22 May Shift 2

Goodwill can also be ascertained by capitalising the super profit directly under which method?

14 May Shift 1

Required capitals of all partners is:

CUET Accountancy PYQs

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