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

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CUET Accountancy 27 May Shift 1

Unrecorded assets when taken over by a partner are shown on:

CUET Accountancy 3 June Shift 2

According to Section ______ of the partnership Act 1932, the dissolution of partnership between all the partners of a firm is called the dissolution of the firm.

CUET Accountancy 22 May Shift 1

In case of the dissolution of a firm, the firm ceases to conduct business and has to settle its accounts. Losses, including deficiencies of capital, shall be paid in the following manner and order:

(A) Out of capital of partners.

(B) By the partners individually in their profit sharing ratio.

Choose the correct answer from the options given below:

CUET Accountancy 2025 27 May Shift 1 PYQs

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