CUET Accountancy 2025 27 May Shift 2 PYQs

Arrange the following events (in relation to the issue of shares) in a logical order.(A) Transfer to capital reserve.(B) Forfeiture of share.(C) Calls in arrears.(D) Re-issue of share.Choose the correct answer from the options given below:

At the time of admission of a new partner, for getting a right to share the assets of the partnership firm, the new partner at least will bring:

Which of the following statements are correct in relation to the issue of share capital for public subscription?(A) The application money should be at least 5% of the face value of the share.(B) Calls are to be made as per the provisions of the articles of association.(C) Where there is no articles of association of its own, the provisions of Table F (or Table A of earlier acts) will apply.(D) Calls need not be made on a uniform basis on all shares within the same class.Choose the correct answer from the options given below:

In the Journal Entry of forfeiture of shares issued at a premium, the Share Capital Account is:

A, B and C are partners in a firm. If C retires/dies, his capital account is credited with: