CUET Accountancy - Which account is debited for Realisation expenses paid? | PYQs + Solutions

CUET Accountancy 2025 30 May Shift 2

Partnership

Easy

common

Realisation Account

Bank Account

Revaluation Account

Realisation expense Account

✅ Correct Option: 1

Related questions:

3 June Shift 1

A firm is dissolved compulsorily in the following cases:

(A) when all the partners or all but one partner, become insolvent, rendering them incompetent to sign a contract

(B) when the business of the firm becomes illegal

(D) when some event has taken place which makes it unlawful for the partners to carry on the business of the firm in partnership

Choose the correct answer from the options given below:

16 May Shift 1

Match List-I with List-II

List-I	List-II
(A) Increase in assets at the time of retirement	(I) Debit side of Realisation Account
(B) Asset taken over by the partner at the time of dissolution of the firm	(II) Credit side of Revaluation Account
(C) Unrecorded Liability at the time of admission of the partner	(III) Credit side of Realisation Account
(D) Remuneration paid for realization of assets	(IV) Debit side of Revaluation Account

Choose the correct answer from the options given below:

27 May Shift 2

Romesh took over Investments at Rs.8,100 which is 10% less then its book value. The book value of the investment was ____

CUET Accountancy 2025 30 May Shift 2 PYQs