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CUET Accountancy 2022 8 Aug Shift 2 PYQs - Free Mock Test (No Login)

Medium 50 Questions 180 min 50 marks

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Question No: 21Difficulty: hardMarks: 1mcq
Bajaj Sales Ltd. issues equity shares of Rs. each to the public. The amount is payable as,On application Rs. per shareOn allotment Rs. per shareOn first call Rs. per shareOn final call Rs. per shareAll money has been received on shares. Only one shareholder, who has shares could not pay allotment money and his shares have been forfeited before making first call. Forfeited shares have been re-issued at Rs. fully paid-up. What is the amount of capital reserve?
Question No: 22Difficulty: hardMarks: 1mcq
A company has to redeem redeemable preference shares of the value of Rs. at a premium of for which the company has issued equity shares of Rs. each at a premium of . The amount to be transferred to capital redemption reserve account would be:
Question No: 23Difficulty: mediumMarks: 1mcq
When own debentures are cancelled, any profit on cancellation is transferred to:
Question No: 24Difficulty: easyMarks: 1mcq
At the time a new partner is admitted, revaluation of assets and liabilities is made for the:
Question No: 25Difficulty: hardMarks: 1mcq
Which one of the following items will be added in debit balance of cash book in the preparation of bank reconciliation statement?

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