Question 36 Accountancy 2026 Medium MCQ +4.00 marks

When a partner is admitted into a firm, the old partners' sacrifice is measured by:

A. New profit-sharing ratio B. Sacrificing ratio C. Gaining ratio D. Capital ratio

Click an option to submit your answer.

← Previous Next →

More CUET Accountancy 2026 questions to practise

Which of the following is a revenue expenditure?

The main purpose of providing depreciation is to:

A Bank Reconciliation Statement is prepared to reconcile:

Which account is prepared to find out gross profit or gross loss?

Which of these best defines 'accrued income'?

A 'Contingent Liability' is:

The Cash Flow Statement classifies cash flows into:

The ratio of net profit to net sales is called: