CUET Accountancy - Arrange the following in a sequence, in which they will be utilize for the payment of losses: (A) Out of capital of partners. (B) Out of profits. (C) By the partners individually in their profit sharing ratio. Choose the correct answer from the options given below: | PYQs + Solutions

CUET Accountancy 2025 15 May Shift 1

Partnership

Medium

(A), (B), (C)

(A), (C), (B)

(B), (A), (C)

(B), (C), (A)

✅ Correct Option: 3

Related questions:

26 May Shift 2

Neha contributed Rs. 30,000 and Saloni Rs. 90,000 as capital. What will be Saloni's share in profits if the partnership agreement is silent?

3 June Shift 2

Which of the following is the feature of Fixed Capital Method in Partnership Accounts:-

16 May Shift 1

There is a need for valuation of goodwill under which of the following cases

(A) Admission of new partner

(B) Retirement of a partner

(D) Amalgamation of partnership firms.

Choose the correct answer from the options given below:

CUET Accountancy 2025 15 May Shift 1 PYQs