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Accountancy · 2026 · 1 mark
CBSE 2026 · Region 5 · Set 1 · Q16
Raha, Naveen and Vandana were partners in a firm sharing profits and losses equally. Naveen retired on 31st March, 2025. The balance in his capital…
Raha, Naveen and Vandana were partners in a firm sharing profits and losses equally. Naveen retired on 31st March, 2025. The balance in his capital account after making the necessary adjustments on account of reserves and revaluation of assets and reassessment of liabilities was $\displaystyle 1,27$,000. Naveen was paid $\displaystyle 1,50,000$ in full settlement of his claim. The value of goodwill of the firm on the date of Naveen's retirement was :
Official answer
(C)
₹ $\displaystyle 69,000$
Marking-scheme solution
(C)
₹ $\displaystyle 69,000$
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CBSE Class 12 Accountancy past-paper question from the 2026 board exam, with the answer as CBSE’s own marking scheme gives it. Where our answers come from.