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Accountancy · 2023 · 1 mark
Dissolution of Partnership FirmAccounting Treatment on Dissolution of a Partnership Firm1 markvery short answer
CBSE 2023 · Region 4 · Set 1 · Q7
On dissolution of a partnership firm, furniture appearing in the Balance Sheet was ₹ $\displaystyle 2,00$,000. $\displaystyle 50$% of the furniture was taken over by a partner at ₹ $\displaystyle 65,000$ and balance $\displaystyle 50$% was sold at $\displaystyle 20$% less than the book value. The amount debited to bank account was :
Official answer
From CBSE’s own marking scheme for this paper.
(B)
₹ $\displaystyle 80,000$
Marking-scheme solution
(b)
₹$\displaystyle 80,000$
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CBSE Class 12 Accountancy past-paper question from the 2023board exam, with the answer as CBSE’s own marking scheme gives it. Where our answers come from.