CUET Accountancy 2025 15 May Shift 1 PYQs

While issuing the share capital for public subscription where there is no articles of association of its own, the following provisions of Table A will apply: (A) A period of one month must elapse between two calls.(B) The amount of call should not exceed 25% of the face value of the share.(C) A minimum of 7 days' notice is given to the shareholders to pay the amount.(D) Calls must be made on a uniform basis on all shares within the same class. Choose the correct answer from the options given below:

Gross profit ratio of a company was 25%, its credit revenue from operations was Rs. 20,00,000 and its cash revenue from operations was 20% of the total revenue from operations. If the indirect expenses of the company was Rs. 50,000. Calculate its net profit.

According to which section of the partnership Act 1932, the dissolution of a partnership between all the partners of a firm is called the dissolution of the firm?

Arrange the following regarding admission procedure in the correct sequence.(A) Giving share to the new partner.(B) Treatment of Goodwill(C) Calculating new profit sharing ratio & sacrificing ratio(D) Preparation of Revaluation A/c(E) Preparing Partner's Capital A/c and Balance SheetChoose the correct answer from the options given below:

Match List-I with List-IIList-IList-II(A) Cash Outflows from financing activities(I) Redemption of debentures(B) Cash Inflows from operating activities(II) Current Investment(C) Cash and cash equivalents(III) Cash from royalties, fees, commissions and other revenues(D) Cash Inflows from investing activities(IV) Cash receipt from disposal of fixed assets including intangiblesChoose the correct answer from the options given below: