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…
CUET UG 2025 — Accountancy Partnership
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:
Held on 24 May 2025 · Verified 13 Jul 2026.
Options
- A
(A) - (I), (B) - (II), (C) - (III), (D) - (IV)
- B
(A) - (I), (B) - (III), (C) - (II), (D) - (IV)
- C
(A) - (I), (B) - (II), (C) - (IV), (D) - (III)
- D
(A) - (III), (B) - (IV), (C) - (I), (D) - (II)
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CUET UG Partnership in other years
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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:
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