CUET Accountancy 2025 24 May Shift 1 PYQs

According to 'Table F' of Schedule I of Companies Act 2013, interest on calls-in-arrears is charged at a maximum rate of:

If the partnership deed is silent, at what rate, the interest would be charged on the drawings made by the partner:

Ram, Karan and Shyam are partners. On retirement of Ram, the goodwill already appears in the Balance Sheet at $\text{Rs. }32,000$. This existing goodwill will be written-off:

Dissolution of a firm takes place on the happening of certain contingencies under Section 42 of the Indian Partnership Act. Choose them from the following:(A) By the death of a partner(B) By the adjudication of a partner as an insolvent(C) When the business of the firm becomes illegal(D) If constituted for a fixed term, by the expiry of that termChoose the correct answer from the options given below:

The balance of the share forfeiture account is shown in the balance sheet under: