CUET QuestionsAccountancy

329 solved questions with detailed explanations

181

Q49. Final call will be made due on _______ shares.

CUET UGAccountancy
182

Q37. A, B and C were partners in a firm on 31st March 2021. Mr. C died on 30th June 2021. Calculate the amount of profits of current year to be credited to his Capital Account on the basis of followin

CUET UGAccountancy
183

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
184

Q12. This tool of Analysis of financial statement indicates the relationship between different items of a financial statement with a common item by expressing each item as a percentage of that common

CUET UGAccountancy
185

Q17. Identify the term that indicate change in existing profit-sharing ratio among partners.

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186

Q24. A, B and C are partners profits in the ratio of 4:3:2. A retired, B and C decided to take his share in the ratio of 3:2. Calculate B's gain. (a) 4/15 (b) 12/40 (c) 2/48 (d) 4/40

CUET UGAccountancy
187

Q28. In case of dissolution of the firm, partner's capital account are closed through:

CUET UGAccountancy
188

Q.28. Minimum subscription is the minimum amount that, in the opinion of directors, must be raised to meet the needs of business operations of the company relating to: (A) The price of any property pu

CUET UGAccountancy
189

Q35. Identify the account statement that a Not- for -Profit organisation is not required to prepare.

CUET UGAccountancy
190

Q11. Arrange following in a sequence to determine the residue available for Equity Shareholders of a company. A. Profit after Interest before Tax and Dividend B. Preference Dividend paid C. Profit aft

CUET UGAccountancy