Yadu, Madhu and Vidu are partners, sharing profit and losses in the ratio of 2:2:1. Their fixed capitals on April 01,2018 were: Yadu Rs. 5,00,000,…
CUET UG 2025 — Accountancy Partnership
Yadu, Madhu and Vidu are partners, sharing profit and losses in the ratio of 2:2:1. Their fixed capitals on April 01,2018 were:
Yadu Rs. 5,00,000, Madhu Rs. 4,00,000 and Vidu is 3,50,000. As per a partnership deed, partners are entitled to interest on capital of @5% p.a. and Yadu has to be paid a salary of Rs. 2000 per month. The net loss of the firm as per profit and loss account for the year ending March 31, 2019, amounted to Rs. 75,000. On the basis of the profit and loss appropriation account, Partners' distribution of loss would be:
Held on 4 Jun 2025 · Verified 13 Jul 2026.
Options
- A
Yadu Rs. 30,000 Madhu Rs. 30,000 Vidu Rs. 15,000
- B
Yadu Rs. 25,000 Madhu Rs. 25,000 Vidu Rs. 25,000
- C
Yadu Rs. 39,600 Madhu Rs. 39,600 Vidu Rs. 19,800
- D
Yadu Rs. 35,000 Madhu Rs. 25,000 Vidu Rs. 15,000
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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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