CUET Accountancy - If there are some accumulated losses in the form of a debit balance of profit and loss account appearing in the balance sheet of the firm, it should be transferred to: | PYQs + Solutions

CUET Accountancy 2025 30 May Shift 2

Partnership

Medium

common

The old partners' capital accounts.

The new partners' capital accounts.

All partners' capital accounts.

Not to any partners' capital accounts.

✅ Correct Option: 1

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Which combination of statements is true about partnership-

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Choose the correct answer from the options given below:

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CUET Accountancy 2025 30 May Shift 2 PYQs