CUET QuestionsAccountancy

329 solved questions with detailed explanations

21

Q15. Match List I with List II List - I A. Sacrificing Ratio B. New Ratio C. Gaining Ratio D. Value of goodwill List - II I. New Ratio - Old Ratio II. Old Ratio - New Ratio III. Old ratio + Gaining Ra

CUET UGAccountancy
22

Q22. Correct sequences of activities involved in case of admission of a partner is- A. Calculation of New and Sacrificing ratios B. Preparing of Revaluation account C. Preparation of partner's Capital

CUET UGAccountancy
23

Q.25. Dividend paid by a company to its shareholder is classified as which type of activity under cash flow statment?

CUET UGAccountancy
24

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

CUET UGAccountancy
25

Q4. "The alpha characters from left to right" in a worksheet is known as _______.

CUET UGAccountancy
26

Q.46. What amount will be credited to Equity Share Application Account on February 10, 2024?

CUET UGAccountancy
27

Q49. Identify the ratio in which shares are issued on Pro-rata basis

CUET UGAccountancy
28

Q3. Select the correct statements from the following. A. Preference Share Capital is a part of Share Capital. B. Preference Share Capital is a part of Non-Current Liability. C. Preference Share Capita

CUET UGAccountancy
29

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
30

Q27. When unrecorded liabilities are paid off by partners, these liabilities are shown in:

CUET UGAccountancy