1 Payment Priority questions from CUET Accountancy 2025 15 May Shift 1 with detailed answers and explanations. Free previous year questions and MCQs.
๐
1
Questions
๐ข
1
Easy
๐ก
0
Medium
๐ด
0
Hard
Years:2026 (1)
Payment Priority โ CUET Accountancy 2025 15 May Shift 1(1โ1 of 1)
Filter:
Q1easymcqCUET AccountancyCUET Accountancy 2025 15 May Shift 12026
Arrange the following in the sequence in which they shall be applied in payment at the time of dissolution of a firm:(A) The debts of the firm to the third parties.(B) Partner proportionately what is due to him/her from the firm for advances as distinguished from capital (i.e. partner's loan).(C) Each partner proportionately what is due to him on account of capital.(D) Divided among the partners in their profit sharing ratio.Choose the correct answer from the options given below: