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Accountancy · 2025 · 1 mark
Accounting for Partnership: Basic ConceptsDistribution of Profit among Partners1 markassertion reason
CBSE 2025 · Region 4 · Set 1 · Q6
Assertion (A): Partners' solar is debited to Profit and Loss Appropriation Account and not to Profit and Loss Account. Reason (R): Partners' solar is…
Assertion (A) : Partners' solar is debited to Profit and Loss Appropriation Account and not to Profit and Loss Account. Reason (R) : Partners' solar is an approp riation of profit, it is not a charge against profits. Choose the correct option from the following :
Official answer
(A)
Both Assertion (A) and Reason (R) are correct and Reason (R) is the correct explanation of Assertion (A)
Marking-scheme solution
(A)
-- Both Assertion (A) and Reason (R) are correct and Reason (R) is the correct
explanation of Assertion (A).
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CBSE Class 12 Accountancy past-paper question from the 2025 board exam, with the answer as CBSE’s own marking scheme gives it. Where our answers come from.