✓ Board-verified
Accountancy · 2025 · 1 mark
CBSE 2025 · Region 5 · Set 2 · Q7
Manoj, Dilip and Rajinder were partners in a firm sharing profits and losses in the ratio of $\displaystyle 7$ : $\displaystyle 3$ : 5. Their fixed capitals were ₹ $\displaystyle 10,00,000$, ₹ $\displaystyle 8,00,000$ and ₹ $\displaystyle 6,00,000$, respectively. The partnership deed provided for i interest on partners' drawings @$\displaystyle 1$'2.% p.a. Which of the following accounts will be debited for charging interest on partners' drawings ?
Marking-scheme solution
Partners’ Current A/c
Practice Accounting for Partnership: Basic Concepts →All Accounting for Partnership: Basic Concepts questions
More from Accounting for Partnership: Basic Concepts
- Anita and Priyal were partners in a firm sharing profits and losses in the ratio of 3: 2. On 1st April, 2024,…2026
- Reema, Meesha and Shikha were partners in a partnership firm sharing profits and losses in the ratio of 8: 7:…2025
- Anuj and Kartik were partners in a firm sharing profits and losses in the ratio of 5: 4. Anuj withdrew ₹…2025
- Monika, Bhoomika and Kamolika are partners sharing profits in the ratio of 6: 4: 1. Kamolika is guaranteed a…2023
- Richa, Sheena and Tapti were partners in a firm sharing profits and losses in the ratio of 3: 2: 1. The…2024
- Radhika, Mehar and Shubha were partners in a firm sharing profits and losses in the ratio of 9: 8: 7. If…2025
- Sun and Moon were partners in a firm sharing profits and losses equally. Their fixed capitals were ₹ 5,00,000…2025
- Nandita and Prabha were partners in a firm manufacturing furniture. They were sharing profits and losses in…2026
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.