CUET Accountancy - When realization expenses are paid by the firm on behalf of a partner, such expenses are debited to: | PYQs + Solutions

CUET Accountancy 2025 13 May Shift 1

Partnership

Medium

Realisation Account

Partners capital account

Partners Loan account

Bank Account

✅ Correct Option: 2

Related questions:

30 May Shift 1

When a firm is dissolved, the Balance of Investment Account and Balance of Investment Fluctuation Fund Account, shown by Firm's Balance Sheet are transferred into _________and into _________respectively:-

15 May Shift 1

Match List-I with List-II

List-I	List-II
(A) Compulsory Dissolution	(I) Partner becomes insane
(B) Dissolution by notice	(II) Death of a partner
(C) Dissolution by Court	(III) Business become illegal
(D) Dissolution on certain contingencies	(IV) Partnership at will

Choose the correct answer from the options given below:

24 May Shift 1

Dissolution of a firm takes place on the happening of certain contingencies. Choose them from the following :

(A) By the death of a partner

(B) By the adjudication of a partner as an insolvent

(D) If constituted for a fixed term, by the expiry of that term

Choose the correct answer from the options given below:

CUET Accountancy 2025 13 May Shift 1 PYQs

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