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Accountancy · 2026 · 1 mark
CBSE 2026 · Region 2 · Set 1 · Q8
Zubin, Nidhi and Reena were partners in a firm sharing profits and losses in the ratio of 2:1:2. The firm closes its books on 2315 March every year.…
Zubin, Nidhi and Reena were partners in a firm sharing profits and losses in the ratio of $\displaystyle 2$:$\displaystyle 1$:2. The firm closes its books on $\displaystyle 2315$* March every year. On 31st July, $\displaystyle 2025$ Reena died. Her share in the profits of the firm from the last balance sheet till the date of death was to be calculated on the basis of previous year's profit. The profit of the firm for the year ended 31st March, $\displaystyle 2025$ was ₹ $\displaystyle 6,00$,000. Reena's share of profit till the date of her death was :
On the dissolution of the partnership firm of Puneet and Binny, an unrecorded asset of ₹ $\displaystyle 56,000$ was given to an unrecorded creditor of ₹ $\displaystyle 70,000$ in settlement of his claim of ₹ $\displaystyle 50,000$ and the balance was paid to him in cash. Realisation Account will be by .
Official answer
(a) → (D)
(b) → (A)
Marking-scheme solution
(D)
₹ $\displaystyle 80,000$
OR
Q. (b) On the dissolution of the partnership firm ……..
Ans. (A) debited, ₹ $\displaystyle 20,000$
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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.