CUET Accountancy - Executor account is prepared on | PYQs + Solutions

CUET Accountancy 2025 29 May Shift 2

Partnership

Easy

common

Admission of partner,

Retirement of partner.

Changes in profit sharing ratio,

Death of a partner.

✅ Correct Option: 4

Related questions:

13 May Shift 2

P, Q and R share profits equally. At the time of P's retirement, goodwill appears in the books at Rs. 3000. P will be debited with _____ amount for Goodwill share.

27 May Shift 2

The ratio in which the contributing partners have acquired the share from the retiring/deceased partner is called:

14 May Shift 2

Arrange the following steps involved in various accounting aspects of retirement/death of a partner in a sequence -

(A) Settlement of the amounts due to retired/deceased partner

(B) Ascertainment of new profit sharing ratio and gaining ratio

(D) Revaluation of assets and liabilities

Choose the correct answer from the options given below:

CUET Accountancy 2025 29 May Shift 2 PYQs

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