CUET QuestionsAccountancy

329 solved questions with detailed explanations

121

Q.48. On Forfieture of 500 shares for non-payment of call money, what amount will be credited to Shares Forfeiture Account?

CUET UGAccountancy
122

Q22. The Debentures that are payable on the expiry of the specific period either in lumpsum or in instalments during life time of the company are called:

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123

Q7. Select the correct sequence of accounting events for share capital; A. Receive application money B. Calls in advance C. Issue of prospectus D. Final call of share E. Allotment of share Choose the

CUET UGAccountancy
124

Q.42. What is the amount of T's deficiency in profits?

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125

Q48. Earning Per Share (EPS) will be: (a) 3 (b) 3.75 (c) 3.45 (d) ₹2.76

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126

Q48. Determine the amount to be transferred to Capital Reserve on reissue of Rahul's Shares

CUET UGAccountancy
127

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

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128

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

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129

Read the following information and answer the questions Q41-Q45: On 1st April 2013, a company made an issue of 10,000, 9% debentures of ₹100 each at 92 per debenture. The terms of issue provided for r

CUET UGAccountancy
130

Q18. Salary of a partner is shown in

CUET UGAccountancy