CUET Questions — Accounting

Q31. Valuation of Goodwill does not arise in which of the following circumstances: (a) Admission of new partner (b) Retirement of a Partner (c) Death of a Partner (d) Dissolution of Partnership firm

Q17. D and M Ltd. forfeited 5,000 shares of ₹10 each for non-payment of final call of ₹3/- per shares. Out of these 2,000 shares were reissued @ ₹12/- per share as fully paid up. What is the maximum d

Q35. Goodwill brought by new partner is distributed among the existing partners in their (a) Old Ratio (b) New Ratio (c) Sacrificing Ratio (d) Gaining Rao

Q10. Identify the correct sequence for the following at the time of Issue of Shares. (A) Allotment of shares (B) Calls in arrears (C) Application money received (D) Forfeiture of shares (E) Reissue of

Q18. What is the correct sequence at the time of death of a partner?

Q35. From the following information calculate Price Earning ratio: 70,000 Equity Shares of ₹10 each - ₹7,00,000 Net profit after tax before dividend - ₹1,75,000 Market price of share ₹13 Dividend decl

Q19. Identify from the following, which excludes capital nature items?

Q39. Comparative Statements are also known as:

Q27. Identify the account in case of a Not-for-Profit Organisation that exclude the Capital receipts and Capital payments.

Q38. Accumulated losses are transferred to ____________ in the time of dissolution of firm.