CUET Questions — Accounts — CUET UG

Q27. On dissolution of partnership firm, an investment of ₹30,000 was found to be unrecorded in the books. The same was accepted by a creditor in full settlement of his dues of ₹32,000. The accounting

Q33. A, B and C were partners sharing profits and losses in the ratio of 5:3:2. They admitted D into partnership for 1/6th share in profits, half (1/2) of which was given by A and the remaining half w

Q28. One of the following is not an Item of appropriation.

Q17. From the following statements, select the ones which relate to Income and Expenditure A/c:

Q6. Avtar Ltd. invited application for 80,000 shares of ₹10 each payable 5/-. on Application, 3/- on allotment and 2/- on call. Public had applied for 2,50,000 shares out of which application for 30,0

Q35. The order of payment/receipt of cash on dissolution of partnership firm is:

Q4. A, B and C are partners sharing profits and losses in the ratio of 4: 3:2. B retires and the goodwill is valued at ₹1,08,000. A and C decided to share future profits and losses in the ratio of 5:

Q39. Steps in the preparation of Income and Expenditure account are:

Q41. Determine the amount of interest on drawing to be charged from Ritik.

Q42. Identify the written agreement entered by Teesha and Ritik, containing terms of the agreement.