Matching Type MCQs of Admission of Partner Class 12

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Looking for important Matching type MCQs with answers of Admission of partner chapter of Accountancy class 12 CBSE, ISCE and other state Board.

We have compiled important Matching Type Multiple Choice Questions with answers of admission of partner of volume 2 accountancy class 12

Matching Type Multiple Choice Questions with answers of admission of partner chapter class 12

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Match the columns (at the time of admission of partners situations)

Column – IColumn – II
A – Increase in liabilitiesi) – Credit – Revaluation Account
B – Bad debts recoveredii) – Credit – Partner’s Capital Account
C – Accumulated lossesiii) – Debit – Revaluation Account
D – Profit and loss (Cr)iv) Debit – Partner’s Capital Account

a) A – iii), B – i), C – ii), D – iv)
b) A – i), B – iii), C – iv), D – ii)
c) A – i), B – iii), C – ii), D – iv)
d) A – iii), B – i), C – iv), D – ii)

Ans – d)

Match the column for situations at the time of admission of new partners.

Column – IColumn – II
A – Future Profitsi) Old Ratio
B – General Reserveii) New Ratio
C – Employee provident Fundiii) Sacrificing Ratio
D – Goodwill of incoming partneriv) Not distributed

a) A – i), B – ii), C – iii), D – iv)
b) A – i), B – ii), C – iv), D – iii)
c) A – ii), B – i), C – iv), D – iii)
d) A – ii), B – i), C – iii), D – iv)

Ans – c)

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Anurag Pathak
Anurag Pathak

Anurag Pathak is an academic teacher. He has been teaching Accountancy and Economics for CBSE students for the last 18 years. In his guidance, thousands of students have secured good marks in their board exams and legacy is still going on. You can subscribe his youtube channel and can download the Android & ios app for free lectures.

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