CUET Accountancy - On dissolution of a firm, the amount of loan taken from partner by firm will be transferred to | PYQs + Solutions

CUET Accountancy 2025 2 June Shift 2

Partnership

Medium

common

Bank Account

Realisation Account

Partner's Current Account

Loan from Partner Account

✅ Correct Option: 1

Related questions:

15 May Shift 1

According to which section of the partnership Act 1932, the dissolution of a partnership between all the partners of a firm is called the dissolution of the firm?

16 May Shift 1

Realization profit of 55,980 to be distributed amongst partners is:

14 May Shift 1

Which of the following combination of statements are true about dissolution-

(A) A firm is compulsorily dissolved when a partner decide to retire.

(B) Dissolution of a partnership is different from dissolution of a firm.

(D) Dissolution of a firm necessarily involves dissolution of partnership.

Choose the correct answer from the options given below:

CUET Accountancy 2025 2 June Shift 2 PYQs

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