CUET Questions — Accountancy

Q10. Vikas and Rahul are partners who shares profits in the ratio of 2:3. They admitted Sunil as a partner for th share in future profits who brings 37,500 as his share of Goodwill. Half of which is w

Q17. Balance of Share Forfeiture account is shown in the Balance Sheet under the item: -

Read the following information and answer the questions Q41-Q45: On 1st April 2013, a company made an issue of 10,000, 9% debentures of ₹100 each at 92 per debenture. The terms of issue provided for r

Q.33. Match List-I with List-II List-1 (A) Cash Outflows from financing activities (B) Cash Inflows from operating activities (C) Cash and cash equivalents (D) Cash Inflows from investing activities L

Q.12. The need for Codification is :

Q6. Calculate the Cash Flow from investing activities from the following particulars: Machine at cost 1.4.2016 (*): 5,00,000 31.03.2017 (*): 9,00,000 Accumulated depreciation 1.4.2016 (*): 3,00,000 31

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

Q27. When unrecorded liabilities are paid off by partners, these liabilities are shown in:

Q35. Consider the following facts about the categories of Share Capital A. Nominal Capital is that part of Authorised Capital which is actually issued to the public B. Issue Capital is a part of Regis

Q37. The Journal entry for payment of unrecorded liability at the time of admission of partner is: (a) Unrecorded liability A/c Dr XXX To Revaluation A/c XXX (b) Unrecorded liability A/c Dr XXX To Cas