CUET-UG | Accountancy QBank
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Here we present you the Questions from the subject of Accountancy for your CUET-UG (Common University Entrance Test). Keep Solving questions to prepare better and improve your scores.
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#1. Following are essential elements of a partnership firm except:
#2. Current ratio of Vidur Pvt. Ltd. is 3 : 2. Accountant wants to maintain it at 2 : 1. Following options are available : [ (i) He can repay bills payable (ii) He can purchase goods on credit (iii) He can take short-term loan. ] Choose the correct option :
#3. Which of the following transactions will not result into flow of cash?
#4. Those preference shares which do not carry the right to receive arrears of dividend :
#5. At the time of change in profit sharing ratio, it is important to determine the _________ and ___________ of partners
#6. Depreciation on fixed assets was ` 2,00,000 for the year. How much amount for ‘Purchase of fixed assets’ will be shown in investing activity for cash flow statement prepared on 31st March, 2018 ?
#7. Pick the odd one out :
#8. Subscription received in advance during the current year is :
#9. HR Limited issued 10,000 equity shares @ ` 10 each at 10% premium. All shares were subscribed and amount was received. Identity the amount to be transferred to Securities Premium Reserve A/c.
#10. On the basis of the following data, how much final payment will be made to a partner on firm’s dissolution? [ Credit balance of capital account of the partner was ` 50,000. Share of loss on realisation amounted to ` 10,000. Firm’s liability taken over by him was for ` 8,000. ]
#11. At the time of issue of debentures, Debentures Account is :
#12. Debenture interest is paid as :
#13. Which of the following is not a part of Finance Cost (in Statement of Profit and Loss) ?
#14. The first stage of incorporating a company is :
#15. Payment of income tax is classified under :
#16. Pick the odd one out
#17. Cash Flow Statement is based upon :
