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PU COM Entry Accounting Partnership Accounts MCQs Test 1
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PU COM Entry Accounting Partnership Accounts MCQs Test 1

Practice PU COM 2026 Entry Test Accounting MCQs from Partnership Accounts. Get instant results with Explanation.
Practice Quiz 1 for "Partnership Accounts" (Accounting). Total 10 MCQs available, split into 1 quizzes. Start with the fundamentals and build a strong base. Mastering these concepts is essential for securing a high percentile in PU COM.
General10 MCQs
1. What is a partnership?
2. What is the written agreement between partners called?
3. What are capital accounts in partnerships?
4. What is the proportion in which partners share profits?
5. What do old partners do when a new partner is admitted?
General10 MCQs
6. What is the intangible value of a business called?
7. What is a retiring partner paid?
8. What is the termination of a partnership called?
9. What happens to the surplus on dissolution?
10. How is interest on partners' capital calculated?

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Punjab University Entry Test PU-COM

Conducting Body: University of The Punjab (PU)
Frequency: Bi-Annual | Time: 80 Minutes
Negative Marking: No

⚡ Test Pattern (Total: 100 MCQs):

Merit Formula: Merit Formula: Intermediat 50% Matric 25% PU M Entry Test 25%

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