CUET Questions — Accountancy

Q22. Match List I with List II LIST I A. Employee benefit expenses B. Dividend received C. Loan raised D. Proceeds from earthquake disaster management LIST II I. Investing activity II. Operating activ

Q9. The correct sequence of statement of profit or loss A. Other Income B. Total Expenses C. Revenue from Operations D. Profit before extraordinary items & tax E. Total Revenue Choose the correct answ

Q38. Particulars: 01.04.14 amount (*), 31.03.15 amount (*) Creditor for medicines: 25,000, 17,000 Stock of medicines: 62,000, 54,000 Advance to supplier of medicine: 11,500, 18,200 Amount paid for pur

Q5. If a creditor accepts an asset whose value is more than the amount due to him. A. He will pay excess amount B. He will not pay anything C. The excess amount will be credited to Realisation Account

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

Q32. From the following, calculate cash flow from financing activities 8% Long term Loan Apr. 1, 2021 Apr. 1, 2022 2,00,000 2,50,000 On 1st Oct. 2021, the company repaid a loan of ₹1,00,000

Q46. Record journal entry for forfeiture of Rahul's shares.

Q14. Select out of the following that is not considered as one of the modes of reconstitution of a partnership firm.

Q4. Identify that will lead to dissolution of partnership

Q.5. The director of Priya polymer Limited resolved that 200 equity shares of Rs. 100 each be forfeited for non-payment of the second and final call of Rs. 30 per share. Out of these, 150 shares were

Q18. How would you treat Table Tennis match expenses of ₹40,000 (assuming that no other information is given):

Q20. Which of the following will affect the Revaluation Gain or Loss at the time of reconstitution. A. Undervaluation of Building B. Overvaluation of Stock C. Valuation of Goodwill D. Reserve appearin

Q22. Match List I with List II LIST I (Types of Ratio) A. Current Ratio B. Proprietary Ratio C. Inventory Turnover Ratio D. Earning Per Share LIST II (Categorisation) I. Profitability Ratio II. Solven

Q11. Which of the following are cash outflow from Operating Activities. A. Payment of Dividend B. Payment of employee benefit expenses C. Payment of taxes D. Purchase of Inventory from suppliers E. Pu

Q.49. On Forfieture of 500 shares for non-payment of call money, what amount will be credited to Shares Forfeiture Account?

Q2. From the following information, calculate cash flow from financing activities. Particulars 31 March 2021 31 March 2022 Proposed dividend ₹2,40,000 ₹3,00,000 If dividend payable was ₹30,000 on 31 M

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

Q33. Match List I with List II - When the partner's capital is fixed. LIST - I A. Additional capital introduced B. Withdrawal of capital C. Drawings D. Salary payable to partner LIST - II I. Credit si

Q9. The correct sequence of statement of profit or loss A. Other Income B. Total Expenses C. Revenue from Operations D. Profit before extraordinary items & tax E. Total Revenue Choose the correct answ

Q21. The amount on any calls should not exceed ____ of face value of shares. (a) 10% of face value of share (b) 15% of face value of share (c) 25% of face value of share (d) 5% of face value of share