CUET Accountancy - In case of dissolution of firm, the bank overdraft is transferred to: | PYQs + Solutions

CUET Accountancy 2025 4 June Shift 2

Partnership

Easy

common

Bank Account

Partners' capital account

Realisation account

Partners' current account

✅ Correct Option: 3

Related questions:

29 May Shift 2

Dissolution of a partnership firm may be ordered by the court on the following grounds:

(A) when a partner becomes insane.

(B) when a partner becomes permanently incapable of performing his duties as partner.

(D) when it is regarded just and equitable by the court.

Choose the correct answer from the options given below:

13 May Shift 1

The assets of the firm, including any sum contributed by the partners to make deficiencies of capital, shall be applied first for paying ...........

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:

CUET Accountancy 2025 4 June Shift 2 PYQs