CUET Questions — Accountancy

Q49. Final call will be made due on _______ shares.

Q37. A, B and C were partners in a firm on 31st March 2021. Mr. C died on 30th June 2021. Calculate the amount of profits of current year to be credited to his Capital Account on the basis of followin

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

Q12. This tool of Analysis of financial statement indicates the relationship between different items of a financial statement with a common item by expressing each item as a percentage of that common

Q17. Identify the term that indicate change in existing profit-sharing ratio among partners.

Q24. A, B and C are partners profits in the ratio of 4:3:2. A retired, B and C decided to take his share in the ratio of 3:2. Calculate B's gain. (a) 4/15 (b) 12/40 (c) 2/48 (d) 4/40

Q28. In case of dissolution of the firm, partner's capital account are closed through:

Q.28. Minimum subscription is the minimum amount that, in the opinion of directors, must be raised to meet the needs of business operations of the company relating to: (A) The price of any property pu

Q35. Identify the account statement that a Not- for -Profit organisation is not required to prepare.

Q11. Arrange following in a sequence to determine the residue available for Equity Shareholders of a company. A. Profit after Interest before Tax and Dividend B. Preference Dividend paid C. Profit aft

Q.15. From the following details, calculate net profit before tax: Net Profit after tax is Rs. 50,000; 15% Long-term debt 12,00,000; Tax rate 20%.

Q15. A, B, C were partners in a partnership firm their profit-sharing ratio was 5:3:2. B retires and the new profit-sharing ratio between A and C was 3:2. Calculate gaining ratio.

Q30. Identify the activity that results in cash flow from financing activities.

Q21. A and B share profits in the ratio of 3:4. They admitted C for 1/5th share in future profits with a guarantee that his share of profits shall be at least 30,000. In the above case, any deficiency

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

Q17. Book debts were 1,00,000 as given in the balance sheet as on 31st March, 2022. On 1st April, 2022 the partners decided to share profits equally instead of distributing the profits in their capita

Q.38. Arrange the following in a sequence, in which they will be utilize for the payment of losses: (A) Out of capital of partners. (B) Out of profits. (C) By the partners individually in their profit

Q.19. A and B are partners sharing profits in the ratio of 2:1. C is admitted into the firm for 1/4 share of profits. C brings in Rs. 20,000 in respect of his capital. The capitals of old partners A a

Q31. Solvency Ratios include: A. Debt-Equity Ratio B. Current Ratio C. Debt to capital employed Ratio D. Gross Profit Ratio E. Return on capital employed Choose the correct answer from the options giv

Q31. Solvency Ratios include: A. Debt-Equity Ratio B. Current Ratio C. Debt to capital employed Ratio D. Gross Profit Ratio E. Return on capital employed Choose the correct answer from the options giv