CUET Questions — Accountancy

Q20. Arrange the following in the context of dissolution of partnership firm. A. Payment of loan from Partners B. Payment of secured outsider's liabilities C. Realisation of assets into cash D. Settle

Q.17. Gross profit ratio of a company was 25%. Its credit revenue from operations was Rs. 20,00,000 and its cash revenue from operations was 20% of the total revenue from operations. If the indirect e

Q24. The surplus / deficit of Income and Expenditure Account of Not-for-Profit Organisation is transferred to:

Q44. Calculate the balance of Bank A/C of the firm before dissolution?

Q12. Arrange the following in the context of Statement of Profit and Loss. A. Other income B. Expenses C. Total Revenue D. Revenue from operation E. Profit before tax and extra-ordinary item Choose th

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

Q1. How the following items of prize fund will be shown in balance sheet: Details Amt. Dr. Amt. Cr. Prize fund ₹80,000 Prize fund Investment ₹80,000 Income from prize fund investment ₹8,000 Prizes awa

Q8. As per Companies Act-2013, Disclosure related to share capital is compulsory for a period of 5 years immediately preceding the date of Balance sheet: A. Number and class of shares bought back B. S

Q7. Select the correct sequence of accounting events for share capital; A. Receive application money B. Calls in advance C. Issue of prospectus D. Final call of share E. Allotment of share Choose the

Q38. A newly admitted partner has the right to -