CUET Accountancy 2025 13 May Shift 1 PYQs

In the absence of any structural information regarding how the remaining partners acquire the share of a retiring or deceased partner, it is assumed that they will acquire it in their:

Which of the following statements are true-(A) The financial statements of a business enterprise include a cash flow statement.(B) Comparative statements are a form of horizontal analysis.(C) Ratio analysis helps a business in identifying problem areas.(D) Financial analysis is used only by creditors.Choose the correct answer from the options given below:

Arrange the following mathematical operations in the correct sequence order in which an electronic spreadsheet (MS Excel) processes equations from highest priority to lowest priority (PEMDAS/BODMAS):(A) * Multiplication(B) + Addition(C) ( ) Brackets(D) / DivisionChoose the correct answer from the options given below:

Match List-I with List-II:List-IList-II(A) Admission of a partner(I) Executor Accounts(B) Retirement of a partner(II) Sacrificing Ratio(C) Death of a partner(III) Realisation Account(D) Dissolution of a firm(IV) Gaining RatioChoose the correct answer from the options given below:

Arrange the sequential accounting processing steps required at the time of the death of a partner in the correct logical order:(A) Preparation of deceased partner's capital account(B) Ascertainment of new profit sharing ratio and gaining ratio(C) Preparation of revaluation account, if required(D) Settlement by making payment to the deceased partner's executorChoose the correct answer from the options given below: