CUET Accountancy 2025 24 May Shift 1 PYQs

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Sample Questions from this Test

1. By virtue of which section of the Indian Partnership Act 1932, partnership is defined as 'the relation between persons who have agreed to share the profits of a business carried on by all or any of them acting for all'.
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2. The Partnership Deed usually contains the following details:(A) Amount of capital to be contributed by each partner(B) The accounting period of the firm(C) Profit and loss sharing ratio(D) The rights, duties and liabilities of each partnerChoose the correct answer from the options given below:
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3. On retirement or death of a partner, the remaining partners who have gained due to change in the profit sharing ratio should compensate the:
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Test Instructions

• The test contains 55 questions and a total of 55 marks.
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