CUET Questions — Accounts
47 solved questions with detailed explanations
Q32. State the accounting treatment of Endowment Fund in financial statement of a public hospital.
Q20. Codification of accounts is required for the purpose of:
Q23. Match List - I with List - II.
Q21. With the help of following information of a company, calculate Cash Flow from Financing Activities
Q5. Identify the option, of which cash and cash equivalent comprises as per AS-3, in addition to cash in hand, from the following?
Q34. Match List - I with List - II.
Q47. Calculate the amount received at the time of allotment:
Q8. A company issued 2,500, 9% Debentures of ₹100 each to public, on 1st April 2021; 3,500 8% debentures of ₹100 each to vendor on 1st July, 2021 and on the same date 5,000 7%, Debentures of ₹100 each
Q44. Determine the share of Ritik in divisible profits.
Q31. Arrange following with regard to determination of Goodwill share of new partner based on hidden Goodwill determination.
Q27. On dissolution of partnership firm, an investment of ₹30,000 was found to be unrecorded in the books. The same was accepted by a creditor in full settlement of his dues of ₹32,000. The accounting
Q33. A, B and C were partners sharing profits and losses in the ratio of 5:3:2. They admitted D into partnership for 1/6th share in profits, half (1/2) of which was given by A and the remaining half w
Q28. One of the following is not an Item of appropriation.
Q17. From the following statements, select the ones which relate to Income and Expenditure A/c:
Q6. Avtar Ltd. invited application for 80,000 shares of ₹10 each payable 5/-. on Application, 3/- on allotment and 2/- on call. Public had applied for 2,50,000 shares out of which application for 30,0
Q35. The order of payment/receipt of cash on dissolution of partnership firm is:
Q4. A, B and C are partners sharing profits and losses in the ratio of 4: 3:2. B retires and the goodwill is valued at ₹1,08,000. A and C decided to share future profits and losses in the ratio of 5:
Q39. Steps in the preparation of Income and Expenditure account are:
Q41. Determine the amount of interest on drawing to be charged from Ritik.
Q42. Identify the written agreement entered by Teesha and Ritik, containing terms of the agreement.