1 Partners Capital Account questions from CUET Accountancy 2023 28 May Shift 1 with detailed answers and explanations. Free previous year questions and MCQs.
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Partners Capital Account โ CUET Accountancy 2023 28 May Shift 1(1โ1 of 1)
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Lisa, Monika and Nisha are partners in a firm sharing profits and losses in the ratio of 2:2:1. Their capital accounts stood at Rs.ย 50,000, Rs.ย 50,000 and Rs.ย 25,000 respectively. Monika died and the balance in the general reserve on that date was Rs.ย 15,000. If the goodwill of the firm is valued at Rs.ย 30,000 and the profit on revaluation is Rs.ย 7,050, what amount will be transferred to Monika's Executors Account?
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Our database has 1 Partners Capital Account questions from CUET Accountancy 2023 28 May Shift 1 covering 2026 to 2026.
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