CUET Accountancy - The order to be followed in preparation of realization account is. (A) Realization of the assets. (B) Transfer assets and liabilities to realization account. (C) Ascertainment of profit or loss on realization. (D) Payment of liabilities. Choose the correct answer from the options given below: | PYQs + Solutions

CUET Accountancy 2025 2 June Shift 2

Partnership

Easy

common

(A), (B), (C), (D)

(A), (B), (D), (C)

(B), (A), (D), (C)

(C), (B), (D), (A)

✅ Correct Option: 3

Related questions:

27 May Shift 1

Arrange the following in correct sequence in the case of dissolution of a partnership.

(A) Preparing a Bank account

(B) Realizing assets and payments of liabilities.

(D) Preparation of capital account of partners.

Choose the correct answer from the options given below:

30 May Shift 2

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

22 May Shift 2

When realisation expenses are paid by the firm on behalf of a partner, such expenses are debited to

CUET Accountancy 2025 2 June Shift 2 PYQs