CUET Accountancy - Partner's current accounts are transferred to respective________ partner's accounts. | PYQs + Solutions

CUET Accountancy 2025 27 May Shift 1

Partnership

Easy

common

Loan

Capital

Current

Realisation

✅ Correct Option: 2

Related questions:

30 May Shift 1

All assets (except cash/bank and fictitious assets) are transferred to the__________ side of __________Account.

30 May Shift 1

Match List-I with List-II

List-I	List-II
(A) On dissolution of a firm, creditors is transferred to:	(I) Bank account is credited
(B) Unrecorded liabilities when paid:	(II) Realization Account
(C) When realization expenses are paid by the firm on behalf of a partner, such expenses are	(III) Bank account is debited.
(D) When unrecorded assets are sold	(IV) Partner's Capital Account

Choose the correct answer from the options given below:

24 May Shift 1

In case of dissolution of partnership firm, any liability assumed/paid by a partner is shown on ........?

CUET Accountancy 2025 27 May Shift 1 PYQs