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Accountancy · 2024 · 1 mark
CBSE 2024 · Region 5 · Set 2 · Q3
Aditi, Sukriti and Niti were partners sharing profits in the ratio of 2 1 2: 1. Sukriti died on 30th June, 2023. Net profit for the year ended 31st…
Aditi, Sukriti and Niti were partners sharing profits in the ratio of $\displaystyle 2$ $\displaystyle 1$ $\displaystyle 2$ : 1. Sukriti died on 30th June, 2023. Net profit for the year ended 31st March, $\displaystyle 2023$ was ₹ $\displaystyle 4,50$,000. If the deceased partner's share of profit is to be calculated on the basis of previous year's profit, the amount of profit credited to Sukriti's Capital Account will be :
Pawan, a partner was appointed to look after the process of dissolution of firm for which he was allowed a remuneration of ₹ $\displaystyle 75$,000. Pawan agreed to bear the dissolution expenses. Actual dissolution expenses ₹ $\displaystyle 60,000$ were paid by Pawan. Pawan's capital account will be credited by :
Official answer
(a) → (B)
(b) → (A)
Marking-scheme solution
(B)
₹$\displaystyle 45,000$
OR
Q. (b) Pawan, a partner was appointed…..
Ans. (A) ₹$\displaystyle 75,000$
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CBSE Class 12 Accountancy past-paper question from the 2024 board exam, with the answer as CBSE’s own marking scheme gives it. Where our answers come from.