CUET Accountancy 2023 29 May Shift 2 PYQs - Free Mock Test (No Login)

Select out of the following that primary structural driver that leads to the need of codification within a database or computerised accounting framework.

Identify that account to which share of profit of a deceased partner is debited from the date of the last Balance Sheet to the date of his/her death (assuming no change in profit sharing ratio of remaining partners).

In which of the following cases is the claim legally valid if the partnership agreement/deed is completely silent?

According to Section 68 of the Companies Act, 2013, a company can buy back its own shares when which of the following conditions is satisfied?

On 1st July 2022, Centaur Ltd. issued $\text{Rs. }25,00,000$, $8\%$ debentures of $\text{Rs. }100$ each as collateral security to First Level Bank against loan dues of $\text{Rs. }20,00,000$. How much net liability amount on account of this transaction will be shown in the main final figures of the Balance Sheet?