CUET QuestionsAccountancyCUET UG

329 solved questions with detailed explanations

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Q15. Match List I with List II List - I A. Sacrificing Ratio B. New Ratio C. Gaining Ratio D. Value of goodwill List - II I. New Ratio - Old Ratio II. Old Ratio - New Ratio III. Old ratio + Gaining Ra

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Q22. Correct sequences of activities involved in case of admission of a partner is- A. Calculation of New and Sacrificing ratios B. Preparing of Revaluation account C. Preparation of partner's Capital

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Q.25. Dividend paid by a company to its shareholder is classified as which type of activity under cash flow statment?

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Q29. Kavi, Mani Vinayagam are partners in a firm sharing in the ratio of 2:1:1. Mani Retires. Kavi and Vinayagam decided to keep the capital of the firm at 1,20,000. The capital A/c of the partners sh

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Q4. "The alpha characters from left to right" in a worksheet is known as _______.

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Q.46. What amount will be credited to Equity Share Application Account on February 10, 2024?

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Q49. Identify the ratio in which shares are issued on Pro-rata basis

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Q3. Select the correct statements from the following. A. Preference Share Capital is a part of Share Capital. B. Preference Share Capital is a part of Non-Current Liability. C. Preference Share Capita

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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

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Q27. When unrecorded liabilities are paid off by partners, these liabilities are shown in:

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Q22. Match List I with List II LIST I (Types of Ratio) A. Current Ratio B. Proprietary Ratio C. Inventory Turnover Ratio D. Earning Per Share LIST II (Categorisation) I. Profitability Ratio II. Solven

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Q4. Match List I with List II LIST I A. Summaries of different operational activity of different period B. Identify the cash from operating financing and investing activities C. Identify the significa

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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

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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

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Q.22. If a company issue Rs. 1,00,000, 9% debentures of Rs. 100 each at discount of 5% but redeemable at premium of 5% then what amount will be debited to Loss on Issue of Debentures Account?

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Q.6. A business has earned average profits of Rs. 1,00,000 during the last few years and the normal rate of return in a similar business is 25%. Ascertain the value of goodwill by capitalisation of av

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Q2. From the following information, calculate cash flow from financing activities. Particulars 31 March 2021 31 March 2022 Proposed dividend ₹2,40,000 ₹3,00,000 If dividend payable was ₹30,000 on 31 M

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Q23. The following steps have been adopted for comparative statement analysis of financial statement of a company: A. Calculate the percentage change in individual items B. Draw interpretation and con

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Q41. Loss on sale of furniture is

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Q21. The following are the items appearing in Equities and Liabilities side of Balance Sheet (A) Deferred tax Assets (Net) (B) Reserve and Surplus (C) Deferred tax Liabilities (Net) (D) Long term borr

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