CUET Questions — Accounting

Q5. The two basic measures of liquidity are:

Q20. Match List - I with List - II.

Q49. Number of debentures issued to Beta Ltd. is

Q50. Compute new capital of Babli:

Q4. The ideal ratio for Current Ratio and Quick Ratio respectively are:

Q42. Record journal entry relating to realisation expenses:

Q10. Rearrange the following items of "Shareholder's funds" in an order as prescribed by companies Act 2013 in Schedule III of Companies Act, 2013 A. Shares forfeited A/c B. Subscribed and fully paid

Q5. According to AS-26 on Intangible Assets. (A) Internally generated goodwill should not be recognised as an asset (B) Self-generated goodwill is accounted for in the books and shown as asset (C) Int

Q11. The journal entry for realisation of an unrecorded asset of 5,500 is:

Q43. Identify the amount received as Subscribed Capital.

Q38. Write the correct sequential order of various sub heads under Current Assets:

Q9. In the absence of partnership deed which of the following rule is followed:

Q7. Identify the item that is treated as non-cash, while preparing Cash Flow Statement as per AS-3, under indirect method.

Q16. Arrange the following items in correct order as per statement of Profit and Loss of a company:

Q36. From the following details calculate interest coverage ratio: Net profit after tax ₹1,20,000 10% long term Debt ₹20,00,000 And tax rate is 40% (a) 1.84 times (b) 1.5 times (c) 2 times (d) 1.8 tim

Q44. Identify the term that represent authorised capital which is not offered for public subscription.

Q3. A and B are partners their respective capitals are ₹50,000 and ₹30,000. Interest on capital is agreed @ 6% p.a. B is allowed an annual salary ₹2,500. Profit during the year prior to calculation of

Q45. Workman Compensation Reserve will be transferred to:

Q13. Where are the amounts owed by customers for credit purchases found?

Q31. Identify the admission feet that is paid only once by a person to become member of a Not-for-Profit Organisation.