CUET Questions — Accountancy — CUET UG

Q.27. Various accounting aspects involved on death of a partner are as follows: (A) Adjustment in respect of unrecorded assets and liabilities (B) Treatment of goodwill (C) Preparation of Realization

Q33. Calculate the Normal Rate of Return if normal profit is ₹30,000, Assets ₹5,30,000 and liabilities ₹30,000, while calculating the value of goodwill of the firm at the time of admission of a partne

Q33. State the order of steps required for valuation of goodwill by using super profit method. A. Calculate Normal Profit B. Calculate Average Profit C. Calculate Super Profit D. Calculate Goodwill E.

Q14. Match List I with List II LIST I A. Revenue from operation. B. Finance Cost C. Amortization Expenses D. Other Income LIST II I. Goodwill written off II. Sale of Services III. Profit sale of Inves

Q.4. A, B and C are partners in a firm. If D is admitted as a new partner, what will be its affect?

Q1. When a company reserves a portion of its uncalled capital to be called in the event of winding up, such uncalled capital is known as:-

Q.36. Arrange the following in the sequence in which they shall be applied in payment at the time of dissolution of a firm: (A) The debts of the firm to the third parties. (B) Partner proportionately

Read the following information and answer the questions Q46-Q50. A and B entered into partnership to supply stationery items without any terms and conditions. A contributed ₹1,00,000 as capital while

Q44. The total expenses on account of salary to be debited to Income and Expenditure A/c for the year 2016-17 was:

Q.32. Match List-I with List-II List-1 (A) Reserves and Surplus (B) Non-current Liabilities (C) Current Liabilities (D) Shareholder's Fund List-II (I) Share Options Outstanding Account (II) Long term

Q38. Mr. A, B, C and D are Partners in a firm sharing profits in the ratio of 3:2:1:4. Mr A retired and his share is acquired by B and C in the ratio 3:2. Calculate new profit sharing ratio of partner

Q28. In case of preparation of spreadsheet, when we apply the command of "Round down" in the value of -3.2469 as "= ROUND DOWN (-3.2469, 3)". What will the outcome of using the above command?

Q4. Mr. Kunal withdrew 10,000 per month at the end of each month from a firm for his personal use during the year ending March 31, 2022. What will be the interest on drawings if charged @8% p.a.? (a)

Q24. The surplus / deficit of Income and Expenditure Account of Not-for-Profit Organisation is transferred to:

Read the following information and answer the questions Q41-Q45: On 1st April 2013, a company made an issue of 10,000, 9% debentures of ₹100 each at 92 per debenture. The terms of issue provided for r

Q.14. Where is the address of the active cell displayed?

Q34. The profits of a firm for 5 years are as follows: Year Profits (*) 2012-13 20,000 2013-14 24,000 2014-15 30,000 2015-16 25,000 2016-17 18,000 Calculate Goodwill on the basis of 3 years purchase o

Q40. This key combination collapses the ribbon.

Q26. Identify the ratio, that represent one of the activity ratios.

Q32. From the following, calculate cash flow from financing activities 8% Long term Loan Apr. 1, 2021 Apr. 1, 2022 2,00,000 2,50,000 On 1st Oct. 2021, the company repaid a loan of ₹1,00,000