CUET QuestionsAccountancy

329 solved questions with detailed explanations

71

Q6. Securities premium cannot be used:

CUET UGAccountancy
72

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
73

Q25. Given below is the financial information of a NPO Mahamaya Sports Club for the year ending 31-03-2022. Particulars ₹ Match Expenses 32,000 Match Fund 16,000 Donation for Match Fund 10,000 Sale of

CUET UGAccountancy
74

Q42. Select the realisable value of Intangible Assets from the following.

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75

Q33. State the order of steps required for valuation of goodwill by using super profit method. A. Calculate Normal Profit B. Calculate Average Profit C. Calculate Super Profit D. Calculate Goodwill E.

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76

Q.1. Which of the following indicate limitation of Financial analysis:

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77

Q34. The profits of a firm for 5 years are as follows: Year Profits (*) 2012-13 20,000 2013-14 24,000 2014-15 30,000 2015-16 25,000 2016-17 18,000 Calculate Goodwill on the basis of 3 years purchase o

CUET UGAccountancy
78

Q8. Which of the following items are part of Intangible non-current Assets: (A) Patents (B) Furniture (C) Statement of Profit & Loss A/c (Dr) (D) Goodwill (E) Trademark Choose the correct answer from

CUET UGAccountancy
79

Q45. Loan taken by A Ltd from Punjab National Bank will be classified under following head. (a) Shareholders' fund (b) Current Liabilities (c) Non-current Liabilities (d) Non-current Assets

CUET UGAccountancy
80

Q16. A and B are partners sharing profits in the ratio of 2:1. C is admitted for the 1/4th share of profits, who brings ₹20,000 as capital. After all adjustments related to goodwill, revaluation of as

CUET UGAccountancy