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

For computing Goodwill by capitalisation of Average Profit method, the following sequence would be followed:A. Capitalise the average profit on the basis of Normal Rate of ReturnB. Ascertain the firm's Capital - Total Assets - Outside LiabilitiesC. Ascertain the average profits based on past years' performanceD. Compute the volume of GoodwillChoose the correct answer from the options given below:

Earning Capacity of a Company is measured by:

Separate disclosure of cash flows from ________ activities is important because they represent the extent to which expenditure have been made for resources intended to generate future income and cash flows:

In common size statement, if revenue from operations are Rs. $23,00,000$ and other incomes are Rs. $3,00,000$, then the percentage of 'Total Revenue from Operations' to 'Revenue from operations' will be:

Which A/c is credited for transfer of interest on Debenture Redemption Fund Investment?