3 Journal Entry questions from CUET Accountancy 2025 27 May Shift 2 with detailed answers and explanations. Free previous year questions and MCQs.
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Years:2026 (3)
Journal Entry โ CUET Accountancy 2025 27 May Shift 2(1โ3 of 3)
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Q1mediummcqAccountancyCUET Accountancy 2025 27 May Shift 22026
K, N and P are partners sharing profits and losses in the ratio of 4:3:2. N retires and the goodwill is valued at Rs. 72,000. K and P decided to share future profits and losses in the ratio of 5:3. Identify the correct journal entry in this scenario.
Q2mediummcqAccountancyCUET Accountancy 2025 27 May Shift 22026
In case a deceased partner's share of profit is calculated during the intervening period, the following Journal Entry will be passed:
Q3mediummcqAccountancyCUET Accountancy 2025 27 May Shift 22026
Which Journal Entry will be recorded for realization of an unrecorded asset at the time of dissolution of a Partnership Firm?