Accounting Ratios
6 previous year questions.
High-Yield Trend
Chapter Questions 6 MCQs
Ekam and Akash were partners in a firm sharing profits in the ratio of 3 : 2. On 31st March, 2024 the Balance Sheet of the firm was as follows: 
The firm was dissolved and the assets and liabilities were settled as follows:
Land and Building was taken over by the creditors as full settlement.
Ekam accepted an unrecorded asset of ₹50,000 in full settlement of his loan.
Furniture was taken over by Akash for cash payment at 5% less than book value.
Debtors were collected by a debt collection agency at a cost of ₹10,000.
Bills Receivable realised ₹1,41,000.
Akash agreed to bear all realisation expenses. He was allowed ₹1,000 for this service. Actual realisation expenses of ₹2,000 were paid by Akash.
Prepare Realisation Account and Partners’ Capital Accounts.
About Accounting Ratios - PSEB-XII
Accounting Ratios is a vital chapter for PSEB-XII aspirants. Mastering the concepts covered in this chapter is essential for securing a top rank.
By rigorously practicing the previous year questions associated with this chapter, you can identify high-yield topics, understand the examiner's perspective, and boost your confidence during the actual exam.
Frequently Asked Questions
Why focus on Accounting Ratios PYQs?
Analyzing PYQs for this specific chapter reveals the most frequently tested concepts and the typical complexity of questions, allowing you to tailor your study plan efficiently.
How to best use this analysis?
Review the topic breakdown to see which sub-topics within Accounting Ratios carry the most weight. Then, tackle the questions iteratively to solidify your understanding.