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…
CUET UG 2025 — Accountancy Partnership
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. To loan to partners A/c |
| (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:
Held on 29 May 2025 · Verified 13 Jul 2026.
Options
- A
(A) - (IV), (B) - (III), (C) - (II), (D) - (I)
- B
(A) - (IV), (B) - (II), (C) - (III), (D) - (I)
- C
(A) - (III), (B) - (II), (C) - (IV), (D) - (I)
- D
(A) - (III), (B) - (IV), (C) - (I), (D) - (II)
Did you get this right?
Sign in to track your attempts and accuracy.
Your note
Sign in to keep a private note on this question. Nothing you write is ever public.
CUET UG Partnership in other years
More CUET UG Partnership questions
Match List-I with List-II | List-I | List-II | |---|---| | (A) Sacrificing ratio | (I) Dissolution of Partnership | | (B) Gaining Ratio | (II) Admission of a New Partner | | (C) Executors Account | (III) Retirement of a Partner | | (D) Realisation Account | (IV) Death of a Partner | Choose the correct answer from the options given below:
When drawings are made at the beginning of every month for the full year, interest on drawings is calculated for
Match List-I with List-II | List-I | List-II | |---|---| | Revaluation of assets and reassessment of liabilities at the time of admission of a new partner | Journal Entry | | (A) For increase in the value of an asset | (I) Revaluation A/c Dr. To Asset A/c | | (B) For reduction in the amount of a liability | (II) Revaluation A/c Dr. To Liability A/c | | (C) For reduction in the value of an asset | (III) Asset A/c Dr. To Revaluation A/c | | (D) For appreciation in the amount of a liability | (IV) Liability A/c Dr. To Revaluation A/c | Choose the correct answer from the options given below:
When realization expenses are paid by the firm on behalf of a partner, such expenses are debited to:
The profits for the five years of a firm are as follows – year 2013 Rs. 4,00,000;year 2014 Rs. 3,98,000; year 2015 Rs. 4,50,000; year 2016 Rs. 4,45,000 and year 2017 Rs. 5,00,000. Calculate the goodwill of the firm on the basis of a 4-year purchase of 5 years average profits:
Other Accountancy topics for CUET UG
Keep practicing Partnership
Work through every CUET UG Partnership PYQ, year by year.