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ExamTest.live has 1+ Application Account questions with detailed explanations, covering easy, medium, and hard difficulty levels.

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Which exams ask Application Account questions?

Application Account questions appear in CUET Accountancy and other competitive exams.

Application Account Questions, MCQs & PYQs — Practice Free | ExamTest.live

About Application Account — practice questions, PYQs & concepts

Application Account is a frequently-tested topic on CUET Accountancy. ExamTest.live currently lists 1 Application Account questions spanning previous-year papers from 2026 to 2026, each with worked solutions and a step-by-step explanation. Use the filters on this page to focus on a specific exam, difficulty level or year — every answer key is free, no sign-up required.

Application Account weight in competitive exams

Across our Application Account question bank, the largest sources are CUET Accountancy (1). Click any exam chip above to drill down to that exam-specific question set.

How to use this page

Start easy: 1 easy Application Account questions are available — build fluency before moving up.
Target weak years: Use the year filter to focus on the most recent 2026 paper or older PYQs you have not attempted.
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On January 1, 2024, the Director of X Ltd. issued for public subscription 50,000 equity shares of Rs. 10 each at Rs. 12 per share payable, Rs. 5 on application (including premium), Rs. 4 on allotment and the balance on call on May 01, 2024. The issue was closed on February 10, 2024 by which date applications for 70,000 shares were received. Of the cash received Rs. 40,000 was returned and Rs. 60,000 was applied to the amount due on allotment, the balance of which was paid on February 16, 2024. All the shareholders paid the call due on May 01, 2024 with the exception of an allottee of 500 shares. These shares were forfeited on September 29, 2024 and reissued as fully paid at Rs. 8 per share on November 01, 2024. The company, as a matter of policy, does not maintain a calls-in-arrears account.What amount will be credited to Equity Share Application Account on February 10, 2024?

Frequently Asked Questions

How many Application Account questions are on ExamTest.live?▼

We have 1 Application Account questions spread across 1 pages, covering easy, medium, and hard difficulty levels with detailed explanations.

Are Application Account MCQs free?▼

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Which exams include Application Account questions?▼

Application Account questions are commonly asked in CUET Accountancy. You can filter by exam using the links above.

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Start with easy questions to build confidence, then tackle medium and hard ones. Use the filter buttons to sort by difficulty. Reveal the answer only after attempting each question, and read the explanation thoroughly.