CUET Accountancy 2025 2 June Shift 2 PYQs

Calls in arrears are shown in the balance sheet as:

Match List-I with List-II:List-I(A) Authorized capital(B) Issued capital(C) Subscribed capital(D) Paid up capitalList-II(I) Mentioned in Prospectus.(II) Mentioned In Memorandum Of Association.(III) Called up capital $-$ calls in arrears.(IV) Capital for which application is received.Choose the correct answer from the options given below:

R Ltd purchased a building from X Infra for $\text{Rs. }6,00,000$ and the payment is to be made by the issue of shares for $\text{Rs. }100$ each at a premium of $20\%$. Calculate the number of shares to be issued.

Section 49 of the Indian Partnership Act, 1932 deals with:

Match List-I with List-II:List-I (Accounting standards / Section of Act)List-II (Issues)(A) AS-3(I) Settlement Of Accounts.(B) AS-26(II) Firm's debt and private debt(C) Section 48 of the Indian partnership Act(III) Cash flow statement.(D) Section 49 of the Indian partnership Act(IV) Treatment of goodwill.Choose the correct answer from the options given below: