CUET QuestionsAccountsCUET UG

47 solved questions with detailed explanations

1

Q36. Match List - I with List - II.

CUET UGAccounts
2

Q18. Which of the following is/are fact(s) related to cash flows from Operating Activities and Investing Activities?

CUET UGAccounts
3

Q50. What will be the rate of interest on calls in arrears if Articles of Association is silent?

CUET UGAccounts
4

Q13. Identify the tool of financial statement analysis that represent relationship between two accounting figures.

CUET UGAccounts
5

Q45. Select the amount that will be provided to Teesha as interest on her capital.

CUET UGAccounts
6

Q29. Identify that account from which loss on issue of debentures can be written off when securities Premium Reserve fall short.

CUET UGAccounts
7

Q14. The current ratio of a firm is 3: 1. Identify how the payment of current liability will affect it.

CUET UGAccounts
8

Q16. In the absence of partnership deed:

CUET UGAccounts
9

Q19. Identify the expense that is considered finance cost for a firm.

CUET UGAccounts
10

Q10. Identify the sub-head under which Debenture Redemption Reserve is shown in Balance Sheet of a Company as per Companies Act 2013.

CUET UGAccounts
11

Q43. Identify the account in which salary of Teesha will be transferred, when capitals are fixed.

CUET UGAccounts
12

Q22. Match List - I with List - II.

CUET UGAccounts
13

Q24. A firm's profit for the last three years are ₹1,00,000, ₹2,00,000 and ₹3,00,000. What is the value of Goodwill, if it is calculated on the basis of four year's purchase of the average profits of

CUET UGAccounts
14

Q9. Which of the following is/are fact(s) about dissolution of the partnership firm?

CUET UGAccounts
15

Q38. Identify a non-cash item out of the following, shown in Cash Flow Statement.

CUET UGAccounts
16

Q37. From the following information, calculate opening inventory:

CUET UGAccounts
17

Q48. Calculate the amount of arrear at allotment.

CUET UGAccounts
18

Q40. A and B share profits and losses in the ratio of 2 : 1. They admit C as partner with 1/4 share in profits with a guarantee that his share of profit shall be at least ₹50,000. The net profit of th

CUET UGAccounts
19

Q2. Rearrange the following items of "Equity and Liabilities" head of Balance Sheet in an order as prescribed in Companies Act 2013, Schedule III. (A) Current Liabilities (B) Shareholders' funds (C) S

CUET UGAccounts
20

Q25. While preparing Comparative Statements. What will be the percentage increase or decrease in revenue from operations if the amount in the year 2021-22 was ₹40,00,000 and the year 2020-21 was ₹50,0

CUET UGAccounts