CUET Questions — Accounting — CUET UG

Q49. State journal entry to be passed of treatment of general reserve.

Q28. At the time of Revaluation of Assets and Liabilities during admission of partner.

Q26. Arrange in correct sequence with respect to the issue of shares by company. A. Allotment of shares B. Forfeiture of shares C. Application of shares received by the company D. Reissue of shares E.

Q45. The value of machinery given to creditor in full settlement of their claim will be: (a) Debited to creditor account by ₹70,000 (b) Credited to Realisation account by ₹70,000 (c) Debited to Cash/b

Q37. Which account is to be debited to transfer the share of deceased partner for the intervening period:

Q12. Jaron, a partner in IT Travels withdrew same amount of money at the end of each quarter, for his personal use. The firm charged ₹465 as interest on his drawings. Interest on drawings is to be cha

Q41. Identify the subscription related to Earn Limited in above case.

Q47. In the case Bharat Limited the shares have been: (a) Fully subscribed (b) Over subscribed (c) Under subscribed (d) Partly subscribed

Q9. The following is an extract of a Balance Sheet: Goodwill Land and building 31 March 23 (₹) 6,00,000 15,00,000 31 March 22 (₹) 4,00,000 10,00,000 Additional Information: Goodwill amortised, during

Q46. The Nominal Capital of the Bharat Ltd. Is (a) ₹30,00,000 (b) 27,00,000 (c) ₹50,00,000 (d) ₹26,50,000