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Accountancy · 2023 · 1 mark

CBSE 2023 · Region 3 · Set 3 · Q1

Mehak and Ravish were partners in a firm. On dissolution of the firm, the loan given by Mehak to the firm was ₹ 30,000, by Ravish was ₹ 15,000, and…

Mehak and Ravish were partners in a firm. On dissolution of the firm, the loan given by Mehak to the firm was ₹ $\displaystyle 30,000$, by Ravish was ₹ $\displaystyle 15,000$, and by Mrs. Ravish was ₹ $\displaystyle 10$,000. The first payment will be made for :
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CBSE Class 12 Accountancy past-paper question from the 2023 board exam, with the answer as CBSE’s own marking scheme gives it. Where our answers come from.