CUET QuestionsAccountancy

329 solved questions with detailed explanations

91

Q29. Arrange the following items as per vertical form of Balance Sheet of a company A. Trade Receivable B. Current investment C. Cash and Cash equivalents D. Inventories E. Short term loans and advanc

CUET UGAccountancy
92

Q14. Which of the following is false for Not-for-profit organisation?

CUET UGAccountancy
93

Q23. Which of the following option regarding issue and redemption of debenture is not possible in general?

CUET UGAccountancy
94

Q8. As per Companies Act-2013, Disclosure related to share capital is compulsory for a period of 5 years immediately preceding the date of Balance sheet: A. Number and class of shares bought back B. S

CUET UGAccountancy
95

Q.18. Asha, Deepa and Lata are partners in a firm sharing profits in the ratio of 3:2: 1. Deepa retires. After making all adjustments relating to revaluation, goodwill, Payment to Deepa and accumulate

CUET UGAccountancy
96

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

CUET UGAccountancy
97

Q11. A and B are partners sharing profits and losses in the ratio 3: 2. They admitted Z for 1/8 share. Z got this share as 1/16 from A and 1/16 from B. Calculate sacrificing ratio of A and B.

CUET UGAccountancy
98

Q15. State the sequence of payments in case of dissolution of a partnership firm: A. To pay outside liabilities of the business B. To pay partner's loan (if any) C. To utilise the amount in settlement

CUET UGAccountancy
99

Q.34. Match List-I with List-II List-1 (A) Compulsory Dissolution (B) Dissolution by notice (C) Dissolution by Court (D) Dissolution on certain contingencies List-II (I) Partner becomes insane (II) De

CUET UGAccountancy
100

Q.45. What is the amount of profit to be credited to V's Capital account?

CUET UGAccountancy