CUET Accountancy - Stock at the time of dissolution was appearing in books at Rs 50,000. Half of the stock was sold at a discount of 20% and the remaining was taken over by one of the partners at a 10% discount. What amount was received in cash at the time of realization of stock. | PYQs + Solutions

CUET Accountancy 2025 29 May Shift 2

Partnership

Medium

common

Rs 25,000

Rs 20,000

Rs 22,500

Rs 45,000

✅ Correct Option: 2

Related questions:

27 May Shift 2

Which Journal Entry will be recorded for realization of unrecorded asset at the time of dissolution of a Partnership Firm.

26 May Shift 2

Match List-I with List-II

List-I	List-II
(A) Dissolution of firm by agreement	(I) When a partner becomes insane
(B) Compulsory dissolution of firm	(II) With the consent of all partners
(C) Dissolution of firm by notice	(III) When business of a firm becomes illegal
(D) Dissolution of firm by Court	(IV) At the request of any one partner

Choose the correct answer from the options given below:

27 May Shift 2

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

CUET Accountancy 2025 29 May Shift 2 PYQs