CUET Accountancy 2022 23 Aug Shift 2 PYQs - Free Mock Test & Without Login

As per Receipts and Payments Account for the year ended on March 31, 2020, subscriptions received were Rs. $2,50,000$, subscriptions outstanding on 1-04-2019 Rs. $50,000$, Subscriptions received in advance as on 31-3-2020 are Rs. $30,000$. Subscriptions for the year 2019-20 will be:

At the time of admission of a new partner general reserve appearing in the old balance sheet is transferred to _______

Match List I with List IILIST I: Basis of DebentureA. TenureB. Interest rate point of viewC. SecurityD. BearerLIST II: Types of DebentureI. Zero coupon rateII. IrredemableIII. RegistrationIV. SecuredChoose the correct answer from the options given below:

On retirement of a partner, the retiring partner's capital account will be credited with _____

Journal entry to be passed for unrecorded assets for preparing Revaluation A/C at the time of Retirement of a partner will be ____