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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 7: 3: 5. Their fixed capitals were ₹ 10,00,000, ₹…
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
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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.