1 Fixed Capital questions from CUET Accountancy 16 July Shift 2 with detailed answers and explanations. Free previous year questions and MCQs.
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Years:2026 (1)
Fixed Capital — CUET Accountancy 16 July Shift 2(1–1 of 1)
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Q1mediummcqCUET AccountancyCUET Accountancy 16 July Shift 22026
A firm which maintains fixed capital accounts had two partners, Vimla and Kamla, sharing profits in the ratio 1:1. The firm credited the partners with profit without allowing interest on Capital, which is allowed in the deed. Choose the correct option to pass a journal entry for the past adjustment if the Interest on capital is ₹2,000 for Vimla and ₹3,000 for Kamla.
CUET Accountancy 16 July Shift 2 Fixed Capital — FAQ
How many Fixed Capital questions come in CUET Accountancy 16 July Shift 2?▼
Our database has 1 Fixed Capital questions from CUET Accountancy 16 July Shift 2 covering 2026 to 2026.
What difficulty are CUET Accountancy 16 July Shift 2 Fixed Capital questions?▼
The 1 CUET Accountancy 16 July Shift 2 Fixed Capital questions include 0 easy, 1 medium and 0 hard level questions.
Where can I find more Fixed Capital questions for other exams?▼
Visit /tag/fixed-capital to see all Fixed Capital questions across all exams including CUET Accountancy 2025 2 June Shift 2, CUET Accountancy 2025 13 May Shift 2.