CUET Accountancy - Net Amount of installment payable at the end of 2nd year to Kabir is | PYQs + Solutions

CUET Accountancy 2025 15 May Shift 2

Partnership

Medium

Rs. 25,000

Rs. 34,000

Rs. 31,000

Rs. 37,000

✅ Correct Option: 2

Related questions:

15 May Shift 1

Asha, Deepa and Lata are partners in a firm sharing profits in the ratio of 3 : 2 : 1. Deepa retires. After making all adjustments relating to revaluation, goodwill, Payment to Deepa and accumulated profit etc., the capital accounts of Asha and Lata showed a credit balance of Rs. 1,60,000 and Rs. 80,000 respectively. It was decided to adjust the capitals of Asha and Lata in their new profit sharing ratio. You are required to calculate the new capitals of the partners i.e Asha and Lata.

15 May Shift 2

L, N and T are partners sharing profits in the ratio of 5:3:2. If N retires, the gaining ratio of L & T would be.......

13 May Shift 1

In the absence of any information regarding the acquisition of shares in profit of the retiring/deceased partner by the remaining partners, it is assumed that they will acquire his share in:

CUET Accountancy 2025 15 May Shift 2 PYQs

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