1 Settlement of Accounts questions from CUET Accountancy 2025 13 May Shift 2 with detailed answers and explanations. Free previous year questions and MCQs.
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Settlement of Accounts โ CUET Accountancy 2025 13 May Shift 2(1โ1 of 1)
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Q1easymcqAccountancyCUET Accountancy 2025 13 May Shift 22026
Arrange the following in correct order in which assets of the firm can be used in their settlement upon dissolution.(A) Residue shall be divided between the partners in their profit sharing ratio.(B) In paying the partners proportionately what is due to him/her on account of capital.(C) In paying the partners proportionately what is due to him/her from the firm for advances/loans.(D) In paying the debts of the firm to the third parties.Choose the correct answer from the options given below:
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