CUET Accountancy 2025 30 May Shift 2 PYQs

Arrange the important steps in the correct sequence in the procedure of share issue:(A) Receipt of Applications(B) Allotment of Shares(C) Listing of Shares on the Stock Exchange(D) Issue of ProspectusChoose the correct answer from the options given below:

All assets (except cash/bank and fictitious assets) are transferred to the ................... side of ................... Account.

Arrange the following steps for calculating Goodwill under Capitalisation of Average Profits Method in correct sequence:(A). Ascertain the actual firm's capital (net assets) by deducting outside liabilities from the total assets.(B). Compute the value of goodwill by deducting net assets from the capitalised value of average profits.(C). Ascertain the average profits based on the past few years' performance.(D). Capitalize the average profits on the basis of the normal rate of return to ascertain the capitalised value of average profits.Choose the correct answer from the options given below:

The maximum amount of discount on the re-issue of forfeited shares will be:

If the partnership deed is silent on interest on capital, then: