CUET Accountancy 2025 3 June Shift 1 PYQs

Partner's current accounts are transferred to respective Partners' _____________________.

Match List-I with List-IIList-IList-II(A) For the amount of calls received in advance(I) Calls in Advance A/c Dr.To Particular Call A/c(B) Interest on Calls in Advance is due(II) Sundry Shareholder's A/c Dr.To Bank A/c(C) The amount of 'Calls in Advance' is adjusted(III) Bank A/c Dr.To Calls in Advance A/c(D) Interest on Calls in Advance, For Interest Paid(IV) Interest on Calls in Advance A/c Dr.To Sundry Shareholder's A/cChoose the correct answer from the options given below:

When debentures are issued at par and are redeemable at a premium, the loss on such issue is debited to :

Naveen and Ghanshyam are partners in a firm sharing profits in the ratio of $3:2$. They admitted Daniel as a new partner for $\frac{1}{4}$ share. The new profit sharing ratio between Naveen and Ghanshyam will be $2:1$. Calculate the New profit sharing ratio of Naveen, Ghanshyam and Daniel :

Interest on calls in arrears is charged according to "Table F" at :