CUET Accountancy 2025 2 June Shift 2 PYQs

When realization expenses are paid by a partner on behalf of the firm, which account will be credited?

A and B are partners in a firm sharing profits in the ratio of $3:2$. They admit C as a partner for a $\frac{1}{3}$ share. The sacrificing ratio between A and B is:

To secure the right to receive a share in the future profits of a partnership firm, a newly admitted partner must bring:

A company issues $\text{Rs. }1,00,000$, $9\%$ debentures of $\text{Rs. }100$ each at a discount of $15\%$, but redeemable at a premium of $5\%$. The total amount debited to the 'Loss on Issue of Debentures Account' is:

Debenture Suspense Account is presented in the balance sheet as: