CUET QuestionsAccountancy

329 solved questions with detailed explanations

141

Q.13. Which analysis is a judgemental process which aims to estimate current and past financial positions and the results of the operation of an enterprise, with primary objective of determining the b

CUET UGAccountancy
142

Q34. The profits of a firm for 5 years are as follows: Year Profits (*) 2012-13 20,000 2013-14 24,000 2014-15 30,000 2015-16 25,000 2016-17 18,000 Calculate Goodwill on the basis of 3 years purchase o

CUET UGAccountancy
143

Q.39. The important steps in the procedure of share issue are: (A) The company issues the prospectus to the public. (B) The company has to get minimum subscription within 120 days from the date of the

CUET UGAccountancy
144

Q39. Ram, a partner, died on 31st March, 2022. His share of loss was 10,000. Following journal entry will be passed in the books of Account to record the above adjustment.

CUET UGAccountancy
145

Q13. Profit and loss Appropriation A/c includes: A. Interest on capital B. Interest on drawing C. Partner's salary D. Rent to partners E. Interest on outsider's loan Choose the correct answer from the

CUET UGAccountancy
146

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
147

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
148

Q10. Match List I with List II List - I A. Dissolution of Agreement B. Dissolution by Court C. Compulsory dissolution D. On happening of certain Contingencies List - II I. When a partner becomes insan

CUET UGAccountancy
149

Q34. Match List I with List II LIST I A. Liquidity Ratio B. Solvency Ratio C. Activity Ratio D. Profitability Ratio LIST II I. Operating Ratio II. Working Capital Turnover Ratio III. Quick Ratio IV. I

CUET UGAccountancy
150

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
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