CUET Accountancy - All assets (except cash/bank and fictitious assets) are transferred to the__________ side of __________Account. | PYQs + Solutions | AfterBoards

CUET Accountancy 2025 30 May Shift 1 PYQs

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CUET Accountancy 2025 30 May Shift 1

Partnership

>

Easy

common

Debit/Capital

Credit/Capital

Realisation/Capital

Debit/Realization

✅ Correct Option: 4

Related questions:

24 May Shift 1

In case of dissolution of partnership firm, any liability assumed/paid by a partner is shown on ........?

27 May Shift 1

Match List-I with List-II

List-I	List-II
(A) Compulsory Dissolution	(I) A partner persistently commits breach of partnership agreement.
(B) Happening of contingencies	(II) Death of a partner
(C) Dissolution by Court	(III) According to contract between the partners.
(D) Dissolution by agreement	(IV) Business becomes illegal

Choose the correct answer from the options given below:

(A) - (IV), (B) - (I), (C) - (III), (D) - (II)
(A) - (II), (B) - (I), (C) - (IV), (D) - (III)
(A) - (IV), (B) - (II), (C) - (I), (D) - (III)
(A) - (III), (B) - (IV), (C) - (I), (D) - (II)

27 May Shift 2

In which of the following ways does dissolution of a firm take place?

(A) Dissolution by agreement

(B) Compulsory dissolution

(C) On the happening of certain contingencies

(D) Dissolution by notice

Choose the correct answer from the options given below: