CUET Questions — Accounts

Q11. Securities Premium Reserve can be used for the following purposes:

Q1. On dissolution of a firm of A and B, Mrs. A's loan will be transferred to:

Q26. Radhika, Sadhika and Kanika are partners sharing profits in the ratio of 4:3:2. Radhika retires; Sadhika and Kanika decided to share profits in future in the ratio of 5:3. Calculate gaining ratio

Q30. If goodwill already exists in the books of the firm at the time of admission of a partner then it will be dealt in the following manner.

Q49. Calculate the amount received in final call that includes arrear also.

Q46. Calculate the amount adjusted in share allotment account.

Q12. Calls in advance is shown as __________ in the Company's Balance Sheet.