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X, a partner was… (Class 12 Accountancy SQP 2025-26, Q9)

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

CBSE Class 12 Accountancy sample paper 2025-26: question 9

From the official CBSE sample question paper for 2025-26, section A, question 9, for 1 mark. Try it first; the hints and our step-by-step solution are below.

Q9 · 1 mark · MCQDissolution of Partnership Firm

X, a partner was assigned to look after the dissolution process and was allowed remuneration of ₹ 15,000. Actual realisation expenses amounted to ₹ 20,000, being paid by another partner Y. By what amount Realisation account will be debited for the above-mentioned information?

  1. (A)₹ 20,000
  2. (B)₹ 35,000
  3. (C)₹ 5,000
  4. (D)₹ 15,000

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

Is the partner's remuneration a cost of realisation?

Hint 2

Who paid the actual expenses: the partner who gets remuneration or someone else?

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. Remuneration allowed to X for doing the dissolution is a realisation expense: Realisation A/c Dr. ₹ 15,000 to X's Capital A/c.

  2. The actual expenses of ₹ 20,000 were not borne by X but paid by partner Y, so they are also debited to Realisation A/c (credited to Y's Capital). Total debit = ₹ 15,000 + ₹ 20,000 = ₹ 35,000. Option (B).

    1 mark

Answer: (B) ₹ 35,000

Where the marks are

  • Debits both the remuneration and the expenses paid by Y (1 mark)

Revise the chapter

Practise this chapterBoard-style questions from Dissolution of Partnership Firm, 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.