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Accountancy · 2023 · 1 mark
CBSE 2023 · Region 5 · Set 1 · Q5
On dissolution of the partnership firm of A, B and C, the accumulated profits of ₹ 40,000 will be transferred to which of the following account?
On dissolution of the partnership firm of A, B and C, the accumulated profits of ₹ $\displaystyle 40,000$ will be transferred to which of the following account ?
Official answer
(C)
Partners' Capital Accounts
Marking-scheme solution
(C)
– Partners’ Capital Accounts
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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.