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Accountancy · 2024 · 1 mark
CBSE 2024 · Region 4 · Set 2 · Q7
Which one of the following items is not dealt through Profit and Loss Appropriation Account ?ORAt the time of admission of a partner, the Balance Sheet of the firm showed a workmen compensation reserve of ₹ $\displaystyle 80$,000. The claim for workmen compensation was estimated at ₹ $\displaystyle 1,00$,000. The shortfall of ₹ $\displaystyle 20,000$ will be :
OR
At the time of admission of a partner, the Balance Sheet of the firm showed a workmen compensation reserve of ₹ $\displaystyle 80$,000. The claim for workmen compensation was estimated at ₹ $\displaystyle 1,00$,000. The shortfall of ₹ $\displaystyle 20,000$ will be :Official answer
From CBSE’s own marking scheme for this paper.
(a) → (C)
(b) → (A)
Marking-scheme solution
(C)
Rent paid to partners
Or
Q.(b) At the 5me of ……………………………………
Ans. (A) debited to Revalua-on Account
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CBSE Class 12 Accountancy past-paper question from the 2024board exam, with the answer as CBSE’s own marking scheme gives it. Where our answers come from.