CUET QuestionsAccountancy

329 solved questions with detailed explanations

101

Q22. Match List I with List II LIST I A. Employee benefit expenses B. Dividend received C. Loan raised D. Proceeds from earthquake disaster management LIST II I. Investing activity II. Operating activ

CUET UGAccountancy
102

Q9. The correct sequence of statement of profit or loss A. Other Income B. Total Expenses C. Revenue from Operations D. Profit before extraordinary items & tax E. Total Revenue Choose the correct answ

CUET UGAccountancy
103

Q38. Particulars: 01.04.14 amount (*), 31.03.15 amount (*) Creditor for medicines: 25,000, 17,000 Stock of medicines: 62,000, 54,000 Advance to supplier of medicine: 11,500, 18,200 Amount paid for pur

CUET UGAccountancy
104

Q5. If a creditor accepts an asset whose value is more than the amount due to him. A. He will pay excess amount B. He will not pay anything C. The excess amount will be credited to Realisation Account

CUET UGAccountancy
105

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
106

Q32. From the following, calculate cash flow from financing activities 8% Long term Loan Apr. 1, 2021 Apr. 1, 2022 2,00,000 2,50,000 On 1st Oct. 2021, the company repaid a loan of ₹1,00,000

CUET UGAccountancy
107

Q46. Record journal entry for forfeiture of Rahul's shares.

CUET UGAccountancy
108

Q14. Select out of the following that is not considered as one of the modes of reconstitution of a partnership firm.

CUET UGAccountancy
109

Q4. Identify that will lead to dissolution of partnership

CUET UGAccountancy
110

Q.5. The director of Priya polymer Limited resolved that 200 equity shares of Rs. 100 each be forfeited for non-payment of the second and final call of Rs. 30 per share. Out of these, 150 shares were

CUET UGAccountancy