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

When a company issues shares in the open market and the amount is payable in instalments, what is the chronological sequence of structural amounts demanded/processed by the company? A. Money received on callsB. Money due on callsC. Allotment money receivedD. Application money transferred to Share Capital A/cE. Allotment money due Choose the correct answer from the options given below:

Identify the ratio out of the following options which is not computed for evaluating the long-term solvency of a business.

Match List I with List II regarding corporate accounting classifications under Schedule III of the Companies Act, 2013:List IA. Current Maturities of long term DebtB. Securities PremiumC. Outstanding salariesD. Premium on Redemption of DebenturesList III. Other Non-Current LiabilitiesII. Short term BorrowingIII. Other Current LiabilityIV. Reserves and SurplusChoose the correct answer from the options given below:

Identify the specific term that indicates the excess of operating Expenditure over Income in the case of a Not-for-Profit Organisation.

Identify those debentures out of the following options on which no explicit interest will be paid or provided by the company.