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Accountancy · 2024 · 1 mark
CBSE 2024 · Region 4 · Set 1 · Q14
Which one of the following items is not dealt through Profit and Loss Appropriation Account?
Which one of the following items is not dealt through Profit and Loss Appropriation Account ?
At the time of admission of a partner, the Balanee 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
(a) → (C)
(b) → (A)
Marking-scheme solution
(C)
Rent paid to partners
Or
Q.(b) At the time of ……………………………………
Ans. (A) debited to Revaluation Account
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CBSE Class 12 Accountancy past-paper question from the 2024 board exam, with the answer as CBSE’s own marking scheme gives it. Where our answers come from.