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CUET Accountancy 2025 13 May Shift 1 PYQs

Medium 50 Questions 180 min 50 marks

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Question No: 21Difficulty: easyMarks: 1mcq
Which of the following debentures do not have a specific charge on the assets of the company?
Question No: 22Difficulty: easyMarks: 1mcq
Arrange the steps for the public issue of shares in the correct chronological order:(A) Allotment of shares(B) Issue of Prospectus(C) Share first call(D) Receipt of ApplicationsChoose the correct answer from the options given below:
Question No: 23Difficulty: mediumMarks: 1mcq
Which statements are true about partnership operations under Indian framework?(A) Each partner carrying on the business is the principal as well as the agent for all the other partners.(B) A valid partnership can be formulated even without a written agreement between the partners.(C) Interest on partner's loan is to be given @ 12% p.a., if the deed is silent about the rate.(D) The maximum number of partners can be 50 in a firm.Choose the correct answer from the options given below:
Question No: 24Difficulty: mediumMarks: 1mcq
When realization expenses are paid by the firm on behalf of a partner, such expenses are debited to:
Question No: 25Difficulty: easyMarks: 1mcq
Match List-I with List-II:List-IList-II(A) Comparative Statements(I) These are the statements which indicate the relationship of different items of a financial statement with a common item by expressing each item as a percentage of that common item.(B) Common Size Statements(II) It is a technique of studying the operational results and financial position over a series of years.(C) Trend Analysis(III) It describes the significant relationship which exists between various items of a balance sheet and a statement of profit and loss of a firm.(D) Ratio Analysis(IV) These are the statements showing the profitability and financial position of a firm for different periods of time in a comparative form to give an idea about the position of two or more periods.Choose the correct answer from the options given below:

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