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CUET Accountancy 2022 20 July Shift 1 PYQs - Free Mock Test (No Login)

Medium 50 Questions 180 min 50 marks

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Question No: 16Difficulty: mediumMarks: 1mcq
Calculate Current Ratio from the following given information.Liquid Ratio Current Liabilities Rs. 1,80,000Prepaid Expenses Rs. 20,000Inventory Rs. 47,250
Question No: 17Difficulty: mediumMarks: 1mcq
Payment made for stationary during the year 2021 - 22 is Rs. 46,000.Stock of stationary as on 1-4-2021 Rs. 8,000Stock of stationary as on 31-3-2022 Rs. 6,000Advance for stationary as on 1-4-2021 Rs. 18,000Advance for stationary as on 31-3-2022 Rs. 5,000What will be the amount of stationary consumed during the year 2021 - 22?
Question No: 18Difficulty: easyMarks: 1mcq
The closing balance of Receipts and Payments Account depicts _________.
Question No: 19Difficulty: easyMarks: 1mcq
Income and Expenditure Account is prepared on (a)_________ basis, while Receipts and Payments Account is prepared on (b)_________ basis.
Question No: 20Difficulty: easyMarks: 1mcq
Match List - I with List - II
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