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Accountancy · 2024 · 1 mark
CBSE 2024 · Region 3 · Set 3 · Q10
Lata, Mehu and Namita were partners in a firm sharing profits and losses in the ratio of 3: 2: 1. They decided to dissolve the firm on 31st March,…
Lata, Mehu and Namita were partners in a firm sharing profits and losses in the ratio of $\displaystyle 3$ : $\displaystyle 2$ : 1. They decided to dissolve the firm on 31st March, 2023. Creditors took over stock of book value of ₹ $\displaystyle 80,000$ at $\displaystyle 80$%, in part settlement of their amount of ₹ $\displaystyle 90$,000. The balance amount was paid to the creditors by cheque. The amount paid by cheque to the creditors will be :
Sanya, Sarthak and Nitya were partners in a firm sharing profits and losses in the ratio of $\displaystyle 4$ : $\displaystyle 3$ : 1. They decided to dissolve the firm on 31st March, 2023. On this date, the firm had debtors amounting to ₹ $\displaystyle 3,00,000$ and provision for doubtful debts of ₹ $\displaystyle 30$,000. On dissolution, debtors for ₹ $\displaystyle 20,000$ proved bad and the remaining debtors realised $\displaystyle 90$%. Amount realised from the debtors will be :
Official answer
(a) → (A)
(b) → (D)
Marking-scheme solution
(A)
-- ₹$\displaystyle 26,000$
OR
(b)
Q. Sanya, Sarthak and Nitya ………………………….
Ans. (D) -- ₹$\displaystyle 2,52,000$
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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.