CUET Accountancy 2025 29 May Shift 2 PYQs

Himanshu withdrew Rs. 2,500 at the end of each month. The partnership deed provides for charging of interest on drawings @ 12% p.a. Calculate interest on Himanshu's drawings for the year ended March 31, 2017.

The account which is not used in journal entry of the forfeiture of shares is:

When drawings are made at the beginning of every month for the full year, interest on drawings is calculated for:

According to which section of the partnership Act 1932, the dissolution of a partnership between all the partners of a firm is called the dissolution of the firm?

When there's no Article of Association of its own, the following provision of table F (formerly Table A) will apply at the time of issue of shares...