CUET Accountancy - The liability of partners is | PYQs + Solutions

CUET Accountancy 2025 2 June Shift 2

Partnership

Easy

common

Limited to the value of shares held

Limited to amount of investment

Limited to the amount of guarantee

Unlimited

✅ Correct Option: 4

Related questions:

31 May Shift 1

Saloni and Srishti are partners in a firm. Their capital accounts as on April 01, 2019 showed a balance of Rs. 2,00,000 and Rs. 3,00,000 respectively. On July 01, 2019 Saloni introduced additional capital of Rs. 50,000 and Srishti, Rs. 60,000. On October 01, 2019 Saloni withdrew Rs. 30,000, and on January 01, 2020 Srishti withdrew Rs. 15,000 from their capitals. Interest is allowed @ 8% p.a. Calculate interest payable on capital to Saloni during the financial year 2019–2020.

22 May Shift 1

Which of the following statement is incorrect?

15 May Shift 1

In which ratio the deficiency of T will be borne by A & V.

CUET Accountancy 2025 2 June Shift 2 PYQs

Keyboard Shortcuts