CUET Accountancy 2025 3 June Shift 1 PYQs

Reserve and surplus are shown under the _________________________ in the balance sheet of a company.

Match List-I with List-IIList–IList–II(A) Authorized capital(I) Mentioned in Prospectus.(B) Issued capital.(II) Mentioned in Memorandum of Association.(C) Subscribed capital.(III) called up capital–calls in arrears.(D) Paid up capital.(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.

On dissolution of a partnership firm, the bills payable is transferred to :

The journal entries recorded for revaluation of assets and reassessment of liabilities are given here, find the correct :(A) For increase in the value of an assetAsset A/c Dr.To Revaluation A/c(B) For reduction in the value of an assetRevaluation A/c Dr.Asset A/c(C) For increase in the amount of a liabilityLiability A/c Dr.To Revaluation A/c(D) For recording in the amount of a unrecorded liabilityRevaluation A/c Dr.To Liability A/cChoose the correct answer from the options given below: