CUET Accountancy - At the time of admission of a partner, undistributed profits appearing in the balance sheet of the old firm is transferred to the capital account of: | PYQs + Solutions

CUET Accountancy 2025 30 May Shift 2

Partnership

Easy

common

old partners in old profit sharing ratio

all the partner in the new profit sharing ratio

old partners in new profit sharing ratio

old partner in the sacrificing ratio

✅ Correct Option: 1

Related questions:

31 May Shift 1

Rohit and Mohit are partners in a firm sharing profits in the ratio of 5:3. They admit Bijoy as a new partner for 1/7th share in the profits. The new profit sharing ratio will be 4:2:1. The sacrificing ratio of Rohit and Mohit is-

2 June Shift 2

Match List-I with List-II

List-I	List-II
(Types of goodwill)	(Treatment to done.)
(a) Existing Goodwill.	(I) no entry passed.
(B) Goodwill premium	(II) inferred from the capital arrangement.
(C) Goodwill paid privately.	(III) Written off.
(D) Hidden goodwill	(IV) credited to sacrificing partner.

Choose the correct answer from the options given below:

3 June Shift 2

Which among the following is NOT true for New Profit Sharing Ratio:

CUET Accountancy 2025 30 May Shift 2 PYQs

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