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List of top Accountancy Questions on Partnership Accounts asked in Bihar Board XII

What is Joint Life Policy?
  • Bihar Board XII - 2025
  • Bihar Board XII
  • Accountancy
  • Partnership Accounts
Which of the following assets is compulsorily revalued at the time of admission of a new partner?
  • Bihar Board XII - 2025
  • Bihar Board XII
  • Accountancy
  • Partnership Accounts
For the firm, interest on partner’s drawings is a/an:
  • Bihar Board XII - 2025
  • Bihar Board XII
  • Accountancy
  • Partnership Accounts
On death of a partner, the firm gets for joint life policy taken for all partners:
  • Bihar Board XII - 2025
  • Bihar Board XII
  • Accountancy
  • Partnership Accounts
In the absence of partnership deed, partners are not entitled to get
  • Bihar Board XII - 2025
  • Bihar Board XII
  • Accountancy
  • Partnership Accounts