CUET QuestionsAccountancy

329 solved questions with detailed explanations

111

Q18. How would you treat Table Tennis match expenses of ₹40,000 (assuming that no other information is given):

CUET UGAccountancy
112

Q20. Which of the following will affect the Revaluation Gain or Loss at the time of reconstitution. A. Undervaluation of Building B. Overvaluation of Stock C. Valuation of Goodwill D. Reserve appearin

CUET UGAccountancy
113

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

CUET UGAccountancy
114

Q11. Which of the following are cash outflow from Operating Activities. A. Payment of Dividend B. Payment of employee benefit expenses C. Payment of taxes D. Purchase of Inventory from suppliers E. Pu

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115

Q.49. On Forfieture of 500 shares for non-payment of call money, what amount will be credited to Shares Forfeiture Account?

CUET UGAccountancy
116

Q2. From the following information, calculate cash flow from financing activities. Particulars 31 March 2021 31 March 2022 Proposed dividend ₹2,40,000 ₹3,00,000 If dividend payable was ₹30,000 on 31 M

CUET UGAccountancy
117

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
118

Q33. Match List I with List II - When the partner's capital is fixed. LIST - I A. Additional capital introduced B. Withdrawal of capital C. Drawings D. Salary payable to partner LIST - II I. Credit si

CUET UGAccountancy
119

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
120

Q21. The amount on any calls should not exceed ____ of face value of shares. (a) 10% of face value of share (b) 15% of face value of share (c) 25% of face value of share (d) 5% of face value of share

CUET UGAccountancy