CUET Questions — Accounting — CUET UG
120 solved questions with detailed explanations
Q25. Identify the correct sequence for the categories of share capital:
Q32. Consider the following facts with regard to Cash Flow Statement and identify the correct statements. A. Proceeds from sale of land will appear under Investing Activities B. Decrease in value of I
Q10. At the time of change in profit sharing ratio, existing goodwill is written off among the partners in:
Q20. Match List - I with List - II.
Q47. Which of the following is not a factor affecting value of goodwill?
Q29. Calculate current ratio when: Total asset ₹ 3,00,000 Fixed asset ₹ 1,60,000 Investment ₹ 1,00,000 Non-current Liabilities ₹ 80,000 Shareholders fund ₹ 2,00,000
Q37. A and B are partners sharing profits in the ratio 4:3. They admit C as a partner. C gets 25% of A's share and 1/3rd from B. Calculate new profit-sharing ratio (a) 4:3:1 (b) 10:2:9 (c) 9:2:10 (d)
Q26. A and B are partners in a partnership firm, sharing profits in 3: 2 ratio. They agreed to admit new partner C. A sacrifices from his share and B sacrifices - from his share. Calculate new profit-
Q12. When Debentures are issued as collateral security to obtain loan from a bank, identify the account that is debited for recording the entry of issue of such debentures (a) Bank A/c (b) Bank Loan A
Q41. Calculate amount realised from plant: