CUET Questions — Accountancy

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.

Q36. A and B are partners in a firm sharing profit in 4:1 ratio. They admitted "C" as a new partner for 25% share in the profit, which he acquired wholly from A. Determine the new profit-sharing ratio

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

Q9. Securities Premium cannot be used:

Q42. Depreciation on furniture is:

Q20. Computerised Accounting System refers to: (a) Printing of Balance Sheet and Profit and Loss account using computer (b) Processing of accounting transaction through computer and producing records

Q38. Mr. A, B, C and D are Partners in a firm sharing profits in the ratio of 3:2:1:4. Mr A retired and his share is acquired by B and C in the ratio 3:2. Calculate new profit sharing ratio of partner

Q29. Kavi, Mani Vinayagam are partners in a firm sharing in the ratio of 2:1:1. Mani Retires. Kavi and Vinayagam decided to keep the capital of the firm at 1,20,000. The capital A/c of the partners sh

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