CUET QuestionsAccountancy

329 solved questions with detailed explanations

51

Direction (Q46. to Q50.) Read the following information carefully and answer the question. The Balance Sheet of ABC Ltd as at 31 March 2022:- Liabilities Share capital: Equity (₹. 10): 4,00,000 12% pr

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52

Q5. Select the partner(s) who will compensate the deceased partner for the share of goodwill at the time of death.

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Q12. Calculate cash flow from financing activities. 01.04.2016 (*) Long Term Loans: 2,00,000 31.03.2017 (*) Long Term Loans: 2,50,000 During the year company repaid a loan of ₹1,00,000. (a) 1,50,000 (

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54

Q.7. Rana, Sana and Kamana are partners, sharing profits in the ratio 4:3:2. Rana retires; Sana and Kamana decided to share profits in the future in the ratio of 5:3. The Gaining Ratio of Sana and Kam

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55

Q9. Match List I with List II LIST I A. Only Capital A/c exist B. Capital account balance remain unchanged C. Fresh/additional capital brought in by partner D. Permanent withdrawal LIST II I. Credited

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Q4. Match List I with List II LIST I A. Summaries of different operational activity of different period B. Identify the cash from operating financing and investing activities C. Identify the significa

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57

Q45. Tuition fee to be credited to Income and Expenditure account is:

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Q17. Identify the term that indicate change in existing profit-sharing ratio among partners.

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59

Q26. From the following particulars, Determine Cash flows from Investing Activities. Purchased (*) Sold (*) Machinery 3,50,000 2,75,000 Land and Building 4,50,000 3,00,000 Additional Information: A p

CUET UGAccountancy
60

Q20. Match List I with List II LIST I A. Current Investments B. Deferred Tax Assets (net) C. Trade payables D. Long term Borrowings LIST II I. Non-Current Liabilities II. Current Assets III. Non-Curre

CUET UGAccountancy
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