CUET Accountancy - Which of the following account / statement is prepared to distribute the profit or loss among partners | PYQs + Solutions

CUET Accountancy 2025 3 June Shift 2

Partnership

Easy

common

Profit and Loss Appropriation A/c

Profit and Loss Adjustment A/c

Profit and Loss A/c

Balance Sheet

✅ Correct Option: 1

Related questions:

22 May Shift 2

For distribution of profits among the partners, the following account is debited to the partners:

24 May Shift 1

By virtue of which section of the Indian Partnership Act 1932, partnership is defined as 'the relation between persons who have agreed to share the profits of a business carried on by all or any of them acting for all'.

15 May Shift 1

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

CUET Accountancy 2025 3 June Shift 2 PYQs

Keyboard Shortcuts