CUET Accountancy - When a new partner is admitted, the increase in the value of the assets is debited to which account? | PYQs + Solutions

CUET Accountancy 2025 4 June Shift 2

Partnership

Easy

common

Assets account

Profit and Loss Adjustment account

Old partner's capital account

Profit and Loss account

✅ Correct Option: 1

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CUET Accountancy 2025 4 June Shift 2 PYQs

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