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Accountancy · 2025 · 1 mark
Accounting for Partnership: Basic ConceptsSpecial Aspects of Partnership Accounts1 markassertion reason
CBSE 2025 · Region 6 · Set 1 · Q3
There are two statements Assertion (A) and Reason (R) : Assertion (A) : Partnership is the result of an agreement between two or more persons to do business and share its profits and losses. Reason (R) : Partnership agreement should always be in written form. Choose the correct alternative from the following :
Official answer
From CBSE’s own marking scheme for this paper.
(C)
Assertion (A) is correct, but Reason (R) is incorrect
Marking-scheme solution
(C)
Assertion(A) is correct, but Reason(R) is incorrect.
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CBSE Class 12 Accountancy past-paper question from the 2025board exam, with the answer as CBSE’s own marking scheme gives it. Where our answers come from.