CUET Accountancy 2025 29 May Shift 2 PYQs

Dissolution of a partnership firm may be ordered by the court on the following grounds:(A) when a partner becomes insane.(B) when a partner becomes permanently incapable of performing his duties as partner.(C) when a partner acts in good faith(D) when it is regarded just and equitable by the court.Choose the correct answer from the options given below:

After forfeiture of share, the amount transferred to capital reserve is:

Which is not a type of Debenture :-

In case of over subscription, the directors may:(A) Accept some applications in full and reject excessive applications.(B) They can make pro-rata allotment to all.(C) They can adopt a combination of the above two alternatives.(D) They can make preferential allotment to some applicants.Choose the correct option:

In a Journal Entry of Forfeiture of Shares, Share Capital Account will be :-