Free Accountancy Questions for CUET-UG

Leave a Comment / Blog / By

CUET-UG | Accountancy QBank

Welcome Learners !!

ScholarWorm welcomes all of his Aspirants who are dreaming to achieve their desired career goal in life. 
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.

Instructions for Question Paper :-

1. The Test Paper is AI generated. 

2.The AI bot creates a set of 20 Questions from the pool of  questions that is being updated regularly by our expert faculties.

3. Only 1 SET is available per User per Day in free Question Banks. Come Back tomorrow for New SET.

Note :- Number of Questions and Timer is not customizable in Free QBanks.

Results

-
Share your score!
Tweet your score!
Share to other

#1. Saurabh, Shirin and Somesh are partners in a firm sharing profits and losses in the ratio of 3 : 2 : 1. Somesh retires and the new profit sharing ratio between Saurabh and Shirin in 3 : 2. The gaining ratio between Saurabh and Shirin will be :

#2. At the time of issue of debentures, Debentures Account is :

#3. Which of the following is not an activity ratio ?

#4. Pick the odd one out :

#5. 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 :

#6. Bishan and Sudha were partners in a firm sharing profits and losses in the ratio of 5 : 3. Alena was admitted as a new partner. It was decided that the new profit sharing ratio of Bishan, Sudha and Alena will be 10 : 6 : 5. The sacrificing ratio of Bishan and Sudha will be

#7. The first stage of incorporating a company is :

#8. The account which is prepared on dissolution of a partnership firm :

#9. Pick the odd one out:

#10. On dissolution of a firm, a liability taken over by a partner is credited to :

#11. The loss on issue of Debentures is written–off from:

#12. Jaipur Club has a prize fund of ` 6,00,000. It incurs expenses on prizes amounting to ` 5,20,000. The expenses should be :

#13. Pick the odd one out

#14. Which of the following is not a part of Finance Cost (in Statement of Profit and Loss) ?

#15. The Journal Entry to acquire an asset from vendor will be :

#16. Which of the following does not result in the change in the profit sharing ratio?

#17. Payment of income tax is classified under :

#18. Those preference shares which do not carry the right to receive arrears of dividend :

#19. Subscription of shares should not be less than_________ % of the issued shares.

#20. The persons who have entered into partnership are individually known as :

Finish

Explore More

Leave a Comment

Your email address will not be published. Required fields are marked *

Scroll to Top