CUET Accountancy - Arrange the following in correct sequence in the case of dissolution of a partnership. (A) Preparing a Bank account (B) Realizing assets and payments of liabilities. (C) Transferring of assets and liabilities in realization account. (D) Preparation of capital account of partners. Choose the correct answer from the options given below: 1. (A), (C), (B), (D) 2. (B), (C), (D), (A) 3. (B), (A), (D), (C) 4. (C), (B), (D), (A) | PYQs + Solutions

CUET Accountancy 2025 27 May Shift 1

Partnership

Medium

common

(A), (C), (B), (D)

(B), (C), (D), (A)

(B), (A), (D), (C)

(C), (B), (D), (A)

✅ Correct Option: 4

Related questions:

27 May Shift 2

Under which condition, dissolution of a Partnership Firm by Court may take place :-

29 May Shift 2

Match List-I with List-II

List-I	List-II
(A). Payment of loans due to partners	(i). Realisation A/c Dr To Bank A/c
(B). For settlement of partners' accounts, in case their capital account shows a debit balance.	(ii). Bank A/c Dr. To loan to partners A/c
(C). For settlement of loan by a firm to a partner:	(iii) Bank A/c Dr. To Partner's Capital A/c
(D). For settlement of any unrecorded liability	(iv) Partner's Loan A/c Dr. To Bank A/c

Choose the correct answer from the options given below:

3 June Shift 2

The following are the features of the Dissolution of Partnership:

(A) Assets and liabilities are revalued, and a new balance sheet is drawn.

(B) Economic relationships between partners continue, though in a changed form.

(D) The books of account are closed.

Choose the correct answer from the options given below:

CUET Accountancy 2025 27 May Shift 1 PYQs