CUET Accountancy 2025 15 May Shift 1 PYQs

The need for Codification is :

A trader carries an average inventory of Rs. 40,000. His inventory turnover ratio is 8 times. If he sells goods at a profit of 20% on Revenue from operations, find out the gross profit.

Dividend paid by a company to its shareholder is classified as which type of activity under cash flow statement?

Match List-I with List-IIList-IList-II(A) Reserves and Surplus(I) Share Options Outstanding Account(B) Non-current Liabilities(II) Long term provisions(C) Current Liabilities(III) Short-term borrowing(D) Shareholder's Fund(IV) Calls in arrearChoose the correct answer from the options given below:

Match List-I with List-IIList-IList-II(A) Payment of loans due to partners(I) Realisation A/c Dr To Bank A/c(B) For settlement of partners' accounts, in case their capital account shows a debit balance(II) Bank A/c Dr. To loan to partners(C) For settlement of loan by a firm to a partner(III) Bank A/c Dr. To Partner's Capital A/c(D) For settlement of any unrecorded liability(IV) Partner's Loan A/c Dr. To Bank A/cChoose the correct answer from the options given below: