CUET Accountancy - In the case of dissolution of a partnership firm, the accumulated profits and reserves are transferred to : | PYQs + Solutions

CUET Accountancy 2025 31 May Shift 1

Partnership

Easy

common

Realization Account

Partners' Capital Accounts

Bank Account

Partner Loan Account

✅ Correct Option: 2

Related questions:

29 May Shift 2

Match List-I with List-II

List-I	List-II
(A). Payment of loans due to partners	(i). Realisation A/c Dr To Bank A/c
(B). For settlement of partners' accounts, in case their capital account shows a debit balance.	(ii). Bank A/c Dr. To loan to partners A/c
(C). For settlement of loan by a firm to a partner:	(iii) Bank A/c Dr. To Partner's Capital A/c
(D). For settlement of any unrecorded liability	(iv) Partner's Loan A/c Dr. To Bank A/c

Choose the correct answer from the options given below:

30 May Shift 1

On the dissolution of a firm, the Creditors are transferred to :

2 June Shift 2

Unrecorded Debtors, are realised at the time of dissolution of a Partnership Firm, will be shown in:

CUET Accountancy 2025 31 May Shift 1 PYQs