CUET Accountancy - At the time of dissolution of a Firm, the Loan from a Partner Account should be | PYQs + Solutions

CUET Accountancy 2025 27 May Shift 2

Partnership

Easy

common

Paid out separately

Transferred into Realization Account

Transferred into Partners' Capital Account

Transferred into Partners' Current Account

✅ Correct Option: 1

Related questions:

29 May Shift 2

Dissolution of a partnership firm may be ordered by the court on the following grounds:

(A) when a partner becomes insane.

(B) when a partner becomes permanently incapable of performing his duties as partner.

(D) when it is regarded just and equitable by the court.

Choose the correct answer from the options given below:

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Ram, a partner, has been assigned the responsibility for realization of assets and settlement of liability for which he will be given remuneration of ₹ 10,000. He has to bear all the realization expenses. Actual realization expenses are 12,000. Journal Entry will be

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In case of dissolution of a partnership firm, losses, including deficiencies of capital, shall be paid first out of ...............

CUET Accountancy 2025 27 May Shift 2 PYQs

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