CUET Questions — Accounting — CUET UG

Q5. At the time of admission of a partner following was the extract of Balance Sheet Investment ₹2,00,000 Investment Fluctuation reserve ₹40,000 (market value ₹6,00,000) What entry will be passed? (a)

Q30. Which of the following is not included in non current liabilities?

Q8. Cash Flow statement of an enterprise helps to ascertain (a) Liquidity (b) Solvency (c) Profitability (d) Turnover

Q11. Payment of income tax is classified under (a) Financing activity (b) Investing activity (c) Operating activity (d) Cash and cash equivalents

Q29. __________ is an extension of Profit & Loss A/c in case of partnership firm. (a) Revaluation A/c (b) Partner's Capital A/c (c) Profit & Loss appropriation A/c (d) Profit & Loss appropriation A/c

Q13. Arrange the following in correct order in the process of Issue and Forfeiture of shares:

Q3. Current account of each partner is debited by the amount of:

Q28. Identify the amount of net cash flow from financing activities on the basis of following Information:

Q28. Identify the basis on which Income and Expenditure Account is prepared by a Not-for-profit organisation (a) Accrual Basis (b) Cash Basis (c) Partial use of both Accrual as well as cash basis (d)

Q48. State the amount of Azad's share in Revaluation gain.

Q42. Select the alternatives that were available to the directors to deal with the type of subscription which arise in above case of Earn Limited in addition to the one used by them.

Q46. Current accounts of partners are reflected in books of accounts as per ____________ method.

Q17. State the accounting treatment of grant received by a Charitable Hospital:

Q43. Calculate amount paid to creditors:

Q8. Ravi and Kishan are partners sharing profits and losses in the ratio of 3: 2. They admitted Mohan as a new partner. Ravi surrendered 1/5th of his share and Kishan surrendered 1/4th of his share in

Q33. At the time of dissolution of partnership firm following accounts are prepared:

Q39. Match List - I with List - II.

Q6. Which of the following is not a limitation of Ratio Analysis?

Q50. Determine the amount which Company may ask from shareholders on calls. (a) ₹9,00,000 (b) ₹7,95,000 (c) 12,00,000 (d) ₹10,80,000

Q12. Identify the ratios that are calculated to measure the short-term solvency of the business.