CUET Accountancy 2025 31 May Shift 1 PYQs

Money received in advance from shareholders before it is actually called-up by the directors is :

Arrange Categories of Share Capital into correct order-(A) Subscribed Capital(B) Authorised Capital(C) Issued Capital(D) Called up CapitalChoose the correct answer from the options given below:

Contents of the Partnership Deed does not include

Anshu and Nitu are partners sharing profits in the ratio of $3:2$. They admitted Jyoti as a new partner for $\frac{3}{10}$ share which she acquired $\frac{2}{10}$ from Anshu and $\frac{1}{10}$ from Nitu. The new profit sharing ratio of Anshu, Nitu and Jyoti.

State which of the following combination of statements are true about the Company-(A) A company is an artificial person.(B) Capital reserves are created from capital profits.(C) Shareholders of a company are liable for the acts of the company.(D) A company's shares are generally transferable.Choose the correct answer from the options given below: