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Assertion (A)… (Class 12 Accountancy SQP 2025-26, Q1b)

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AccountancyCBSE Class 12 · Sample paper, session 2025-26 · 1 mark · Assertion-reason

CBSE Class 12 Accountancy sample paper 2025-26: question 1(b)

From the official CBSE sample question paper for 2025-26, section A, question 1(b), for 1 mark. Try it first; the hints and our step-by-step solution are below.

Q1(b) · 1 mark · Assertion-reasonCompetency-basedAccounting for Partnership: Basic Concepts

Assertion (A) :- Fluctuating Capital Account can show debit balance.
Reason (R) :- Losses and Drawings can be more than Capital Balance.

  1. (A)Both A and R are correct and R is the correct explanation of A
  2. (B)Both A and R are correct but R is not the correct explanation of A
  3. (C)A is correct but R is incorrect
  4. (D)Both A and R are incorrect.

Source: official sample paper from cbseacademic.nic.in (PDF). See it in the full Sample paper 2025-26.

Hints

Open one hint at a time and try again before the next.

Hint 1

Where are drawings and losses recorded when capitals are fluctuating?

Hint 2

What happens to a balance when debits exceed credits?

Step-by-step solution

Each step shows the marks it earns, as an examiner would award them. Checked by an independent re-solve from the question paper.

  1. Under the fluctuating capital method, drawings, interest on drawings and share of loss are all debited to the capital account itself.

  2. If these debits exceed the capital and credits, the account shows a debit balance. So the Assertion is true and the Reason explains it. Option (A).

    1 mark

Answer: (A) Both A and R are correct and R is the correct explanation of A

Where the marks are

  • Recognises that debits (losses, drawings) can exceed credits in a fluctuating capital account (1 mark)

Revise the chapter

Practise this chapterBoard-style questions from Accounting for Partnership: Basic Concepts, one at a time, marked against the answer key and marking points.Back to the full paperSample paper 2025-26: every question, by section.

The question is transcribed from the official paper; figures are described in words. The solution, hints and chapter tag are ours. Spotted an error? Write tosupport@questionbuddy.in.