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Accountancy · 2025 · 1 mark

CBSE 2025 · Region 6 · Set 3 · Q12

Ashok and Avinash were partners in a firm sharing profits and losses in the ratio of $\displaystyle 3$ : 2. On 1st April, $\displaystyle 2023$, their capitals were $\displaystyle 10,00,000$ and $\displaystyle 15,00,000$ respectively. After the accounts for the year ending 31st March, $\displaystyle 2024$ were prepared, it was discovered that interest on capital at the rate of $\displaystyle 10$% per annum, as provided for in the partnership deed, was not credited to the partner s' capital accounts before distribution of o $\displaystyle 1$ i crest on capital been duly provided, the firm's divisible profit would have :

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CBSE Class 12 Accountancy past-paper question from the 2025board exam, with the answer as CBSE’s own marking scheme gives it. Where our answers come from.

Ashok and Avinash were partners in a firm sharing profits and… — CBSE Class 12 Accountancy 2025 | SolveIt