CUET Accountancy 2022 20 Aug Shift 2 PYQs - Free Mock Test (No Login)

Extract of Receipt and Payment Account for the year ended on March 31, 2021 is given.Calculate the amount of Stationery to be shown in Income and Expenditure A/c.Payments for Stationery: Rs. $23,000$
Additional Information:

________ is the amount received as per the will of a deceased person.

From the following information of I Ltd., calculate Net Increase / Decrease in cash and cash equivalents during the year 2021-22.i) Cash flow from Operating Activities: Rs. $2,35,000$ ii) Cash used in investing Activities: Rs. $4,35,000$ iii) Cash flow from financing activities: Rs. $2,35,000$

Blue Prints Ltd. purchased a building worth Rs. $1,50,000$, Machinery worth Rs. $1,40,000$ and Furniture worth Rs. $10,000$ from XYZ Co. and took over its liabilities of Rs. $20,000$ for a purchase consideration of Rs. $3,15,000$.Calculate the Goodwill/Capital Reserve to be recorded by Blue Print Ltd.

The Directors of Tivoli Plastics Ltd. resolved that $200$ equity shares of Rs. $100$ each be Forfeited for non-payment of the second and final call of Rs. $30$ per share. Out of these, $150$ shares were reissued at Rs. $60$ per share as fully paid-up. How much amount will be transferred to Capital Reserve Account?