CUET Accountancy 2025 16 May Shift 1 PYQs

Match List-I with List-II:List-IList-II(A) Meaning of Dissolution(I) Section 49 of the Partnership Act, 1932(B) Application of Assets(II) Section 39 of the Partnership Act, 1932(C) Private Debts Vs Firm's Debts(III) Section 4 of the Partnership Act, 1932(D) Nature of Partnership(IV) Section 48 of the Partnership Act, 1932Choose the correct answer from the options given below:

Profit after interest and tax is ₹ $1,60,000$.$10\%$ Long-term borrowing is ₹ $20,00,000$.Rate of Tax is $20\%$.Profit before interest and tax will be:

Which of the below-mentioned methods are considered while valuing goodwill?(A) Average Profits Method(B) Super Profits Method(C) Piecemeal Distribution Method(D) Capitalization MethodChoose the correct answer from the options given below:

Under which method is the "Number of Years' Purchase" not considered for goodwill valuation?

If nothing is specifically mentioned in the partnership deed, the amount due to a retiring partner is transferred to which of the following accounts?