CUET Accountancy 2023 28 May Shift 1 PYQs - Free Mock Test (No Login)

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Sample Questions from this Test

1. Under which Sub-head do we show the Securities Premium in the Balance Sheet of a company?
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2. Lisa, Monika and Nisha are partners in a firm sharing profits and losses in the ratio of $2:2:1$. Their capital accounts stood at $\text{Rs. }50,000$, $\text{Rs. }50,000$ and $\text{Rs. }25,000$ respectively. Monika died and the balance in the general reserve on that date was $\text{Rs. }15,000$. If the goodwill of the firm is valued at $\text{Rs. }30,000$ and the profit on revaluation is $\text{Rs. }7,050$, what amount will be transferred to Monika's Executors Account?
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3. In MS Excel spreadsheet software, the shortcut key combination that toggles (collapses or expands) the ribbon is:
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Test Instructions

• The test contains 50 questions and a total of 50 marks.
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