CUET Accountancy 2025 27 May Shift 1 PYQs

Gobind, Hari and Pratap are partners. On the retirement of Gobind, goodwill already appears in the Balance Sheet at $\text{Rs. }24,000$. This existing goodwill will be written-off by:

Lalit, Pankaj and Rahul are partners sharing profits in the ratio of $4:3:3$. After all adjustments on Lalit's retirement with respect to general reserve, goodwill, and revaluation etc., the balances in their capital accounts stood at $\text{Rs. }70,000$, $\text{Rs. }60,000$ and $\text{Rs. }50,000$ respectively. It was decided that the amount payable to Lalit will be brought by Pankaj and Rahul in such a way as to make their capitals proportionate to their new profit sharing ratio. After Lalit's retirement, the new profit sharing ratio between Pankaj and Rahul is $1:1$. The new capital of the firm will be:

In the case of a dissolution of a firm, accumulated losses are transferred to:

Unrecorded assets when taken over by a partner are shown on the:

When a new partner brings his share of goodwill in cash, the amount is credited to: