CUET Accountancy 2025 22 May Shift 2 PYQs

Which of the following are shown under capital account in case capital of partner's are fixed?

(A) Fresh capital introduced

(B) Permanent capital withdrawn

(C) Interest on capital

(D) Amount of capital brought down from the previous year

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Match List-I with List-II

List–I (Events)	List–II (Result)
(A) Profit share	(I) Gaining ratio.
(B) Admission of Partners	(II) Different concept
(C) Retirement of a partner.	(III) Equally among partners
(D) Dissolution of firm and partnership.	(IV) Sacrifice ratio.

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Which combination of statements is true about partnership-

(A) Valid partnership can be formulated even without a written agreement between the partners.

(B) Methods of settlement of disputes among the partners can't be part of the partnership deed.

(C) If the deed is silent, interest at the rate of 6% p.a. would be charged on the drawings made by the partner.

(D) Each partner carrying on the business is the principal as well as the agent for all the other partners.

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