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Accountancy · 2026 · 1 mark
CBSE 2026 · Region 5 · Set 3 · Q1
Munna and Sonu were partners in a firm sharing profits and losses in the ratio of $\displaystyle 4$ : 1. Their fixed capitals were ₹ $\displaystyle 40,00,000$ and s $\displaystyle 30,00,000$ respectively. During the year ended 31st March, $\displaystyle 2025$, Munna withdrew $\displaystyle 50,000$ for personal use. Interest on drawings was to be charged @ $\displaystyle 6$% p.a. The journal entry for charging interest on Munna's drawings will be : Dr. Amount Cr. Amount Particulars ( ) ( )
Official answer
From CBSE’s own marking scheme for this paper.
(D)
Munna's Current A/c Dr. $\displaystyle 1,500$ To Interest on Drawings A/c $\displaystyle 1,500$
Marking-scheme solution
(D)
Particulars Dr. Amount(₹) Cr. Amount(₹)
(D)
Munna’s Current A/c Dr. $\displaystyle 1,500$
To Interest on Drawings A/c $\displaystyle 1,500$
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CBSE Class 12 Accountancy past-paper question from the 2026board exam, with the answer as CBSE’s own marking scheme gives it. Where our answers come from.