CUET Accountancy - Opening capital balances of partners will be calculated by using which of the following formula :- | PYQs + Solutions

CUET Accountancy 2025 24 May Shift 1

Partnership

Medium

common

Closing Capital + Addition to the Capital + Withdrawal of Capital - interest on Capital + Drawings + interest on drawings + Share of Loss + Share of Profit

Closing Capital + Addition to the Capital + Withdrawal of Capital - interest on Capital + Drawings + interest on drawings - Share of Loss - Share of Profit

Closing Capital + Addition to the Capital + Withdrawal of Capital - interest on Capital + Drawings + interest on drawings + Share of Loss - Share of Profit

Closing Capital + Addition to the Capital + Withdrawal of Capital - interest on Capital + Drawings + interest on drawings - Share of Loss + Share of Profit

✅ Correct Option: 3

CUET Accountancy 2025 24 May Shift 1 PYQs

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