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CUET Accountancy 2022 23 Aug Shift 2 PYQs - Free Mock Test & Without Login
Medium 50 Questions 180 min 50 marks
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180 min · 50 marks · Full test mode with leaderboard
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Question No: 41Difficulty: mediumMarks: 1mcq
Case studyA and B were partners in a partnership firm. Due to the ill health of B they decided to dissolve the firm. The position of Assets and Liabilities on the date of dissolution was:
It was agreed that following transactions will take place :A. A wanted to start the business in sole proprietorship So he took Building and Furniture at less than book value.B. All the debtors proved good except a person C who did not pay Rs. .Due to the ill health of B, they decided to dissolve the firm. It comes under ____ form of dissolution.
It was agreed that following transactions will take place :A. A wanted to start the business in sole proprietorship So he took Building and Furniture at less than book value.B. All the debtors proved good except a person C who did not pay Rs. .Due to the ill health of B, they decided to dissolve the firm. It comes under ____ form of dissolution.
Question No: 42Difficulty: easyMarks: 1mcq
Case studyA and B were partners in a partnership firm. Due to the ill health of B they decided to dissolve the firm. The position of Assets and Liabilities on the date of dissolution was:
It was agreed that following transactions will take place :A. A wanted to start the business in sole proprietorship So he took Building and Furniture at less than book value.B. All the debtors proved good except a person C who did not pay Rs. .The amount recovered from the debtors is:
It was agreed that following transactions will take place :A. A wanted to start the business in sole proprietorship So he took Building and Furniture at less than book value.B. All the debtors proved good except a person C who did not pay Rs. .The amount recovered from the debtors is:
Question No: 43Difficulty: mediumMarks: 1mcq
Case studyA and B were partners in a partnership firm. Due to the ill health of B they decided to dissolve the firm. The position of Assets and Liabilities on the date of dissolution was:
It was agreed that following transactions will take place :A. A wanted to start the business in sole proprietorship So he took Building and Furniture at less than book value.B. All the debtors proved good except a person C who did not pay Rs. .Following items appear on the Debit side of Realisation A/C except :A. Transfer of AssetsB. Payment of liabilitiesC. ProvisionsD. Realisation expensesE. Asset taken over by partnerChoose the correct answer from the options given below:
It was agreed that following transactions will take place :A. A wanted to start the business in sole proprietorship So he took Building and Furniture at less than book value.B. All the debtors proved good except a person C who did not pay Rs. .Following items appear on the Debit side of Realisation A/C except :A. Transfer of AssetsB. Payment of liabilitiesC. ProvisionsD. Realisation expensesE. Asset taken over by partnerChoose the correct answer from the options given below:
Question No: 44Difficulty: easyMarks: 1mcq
Case studyA and B were partners in a partnership firm. Due to the ill health of B they decided to dissolve the firm. The position of Assets and Liabilities on the date of dissolution was:
It was agreed that following transactions will take place :A. A wanted to start the business in sole proprietorship So he took Building and Furniture at less than book value.B. All the debtors proved good except a person C who did not pay Rs. .The treatment of Goodwill appearing in the balance sheet will be:
It was agreed that following transactions will take place :A. A wanted to start the business in sole proprietorship So he took Building and Furniture at less than book value.B. All the debtors proved good except a person C who did not pay Rs. .The treatment of Goodwill appearing in the balance sheet will be:
Question No: 45Difficulty: easyMarks: 1mcq
Case study: A and B were partners in a partnership firm. Due to the ill health of B they decided to dissolve the firm. The position of Assets and Liabilities on the date of dissolution was:
It was agreed that following transactions will take place :A. A wanted to start the business in sole proprietorship So he took Building and Furniture at less than book value.B. All the debtors proved good except a person C who did not pay Rs. .The accumulated profits and reserve are transferred to:
It was agreed that following transactions will take place :A. A wanted to start the business in sole proprietorship So he took Building and Furniture at less than book value.B. All the debtors proved good except a person C who did not pay Rs. .The accumulated profits and reserve are transferred to:
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