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Samta, Mamta and Geeta… (Class 12 Accountancy 2026, Q4b)

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AccountancyCBSE Class 12 · Board exam 2026, set 67/5/1 · 1 mark · MCQ

CBSE Class 12 Accountancy 2026: question 4(b)

Set in the CBSE Class 12 board exam of 2026, paper 67/5/1, section A, question 4(b), for 1 mark. Try it first; the hints and our step-by-step solution are below.

Q4(b) · 1 mark · MCQReconstitution of a Partnership Firm – Retirement/Death of a Partner

Samta, Mamta and Geeta were partners in a firm sharing profits and losses in the ratio of 11 : 5 : 4. On 31st March, 2025 Samta died. On Samta's death, the goodwill of the firm was valued at ₹ 1,80,000. The necessary journal entry for the treatment of goodwill on Samta's death will be :

  1. (A)Samta's Capital A/c Dr. 99,000; To Mamta's Capital A/c 55,000; To Geeta's Capital A/c 44,000
  2. (B)Mamta's Capital A/c Dr. 1,00,000; Geeta's Capital A/c Dr. 80,000; To Samta's Capital A/c 1,80,000
  3. (C)Samta's Capital A/c Dr. 1,80,000; To Mamta's Capital A/c 1,00,000; To Geeta's Capital A/c 80,000
  4. (D)Mamta's Capital A/c Dr. 55,000; Geeta's Capital A/c Dr. 44,000; To Samta's Capital A/c 99,000

Source: official question paper from cbse.gov.in (PDF). See it in the full 2026 board paper, set 67/5/1.

Hints

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

Hint 1

Find the deceased partner's share of goodwill.

Hint 2

With no new ratio, the gaining ratio is the remaining partners' old ratio.

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. Samta's share of goodwill = 1,80,000 × 11/20 = ₹ 99,000. The gainers are Mamta and Geeta in their old ratio 5 : 4.

  2. Mamta pays 99,000 × 5/9 = ₹ 55,000 and Geeta ₹ 44,000; their capitals are debited and Samta's credited. Option (D).

    1 mark

Answer: (D) Mamta's Capital Dr. ₹ 55,000; Geeta's Capital Dr. ₹ 44,000; To Samta's Capital ₹ 99,000

Where the marks are

  • Deceased partner's share charged to gainers in gaining ratio (1 mark)

Revise the chapter

Practise this chapterBoard-style questions from Reconstitution of a Partnership Firm – Retirement/Death of a Partner, one at a time, marked against the answer key and marking points.Back to the full paper2026 board paper, set 67/5/1: 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.