CUET Questions — Accounting
120 solved questions with detailed explanations
Q27. In case of change in profit sharing ratio among partners in a firm, the Stock Account stood at ₹55,000 in the Balance Sheet of the old firm and at the time of reconstitution, it was observed that
Q6. Gobind, Hari and Pratap are partners. On the retirement of Gobind, the goodwill already appears in the books at ₹24,000. The goodwill will be written off (a) By debiting all the partner capital ac
Q2. Match List - I with List - II. List - I (A) Debenture Suspense Account (B) Current maturities of Debts (C) Discount on Issue of Debentures (D) Interest on Debentures written off List - II (I) Stat
Q2. Calculate interest on drawings if an amount of ₹7,500 is withdrawn at the end of bimonthly for the year. Rate of interest on drawing is 8% p.a.
Q31. Match List - I with List - II.
Q40. Himanshi and Nisha are partners in a firm sharing profit in the ratio of 3: 2. There capital were ₹80,000 and ₹50,000 Respectively. They admitted Shikha on Jan 1, 2023 as a new partner for 1/5 sh
Q15. A sports club sold used sports material like balls, net, bats etc. It is usually shown in:
Q36. Arrange following categories of Share Capital in a sequence.
Q18. In case the net profits made during the year by a company are ₹50,000 and bills payable have increased by ₹10,000 during the year then the cash flow from operating activities for the company will
Q23. Which of the following are facts about Debentures?