CUET Accountancy - Which of the following indicate the situation of compulsory dissolution. | PYQs + Solutions

CUET Accountancy 2025 22 May Shift 2

Partnership

Medium

common

When a partner becomes insane.

On the death of a partner

When the business of the firm becomes illegal.

When a partner becomes permanently incapable of performing his duties as a partner

✅ Correct Option: 3

Related questions:

3 June Shift 2

The dissolution of partnership may take place in any of the following ways except:

3 June 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:

15 May Shift 1

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. A/c To loan to partners
(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 22 May Shift 2 PYQs