CUET Accountancy 2025 15 May Shift 2 PYQs

Questions

Duration

180 min

Total Marks

Negative

Test Sections

Section	Questions	Marks/Q
Comprehension Passage Questions 41 to 45@DESC: Read the paragraph below carefully and answer the following questions.Preeti, Kabir and Shershah are partners in a firm. Kabir retires from the firm. On his date of retirement, Rs. 1,00,000 became due to him. Preeti and Shershah promised to pay him in four yearly equal installments plus interest @ 12% p.a. on the unpaid balance every year at the end of the year, to which he agreed.@DURATION: 0@MAX_ATTEMPT: 0	—	—
Comparative Balance Sheet Case Study Questions 46 to 50@DESC: Use the comparative balance sheet statement of Amrit Limited given below to answer the following five questions. All figures are in Rs. Lakhs.Comparative Balance Sheet of Amrit Limited as at March 31, 2023 and March 31, 2024ParticularsMarch 31, 2023March 31, 2024Absolute Increase (+) or Decrease (–)Percentage Increase (+) or Decrease (–)I. Equity and LiabilitiesShareholders’ FundsShare capital15205……Reserves and surplus14……(1)(7.14)Non-current liabilitiesLong-term borrowings……19318.75Current liabilitiesTrade payables23150Total4755817.02II. AssetsNon-current assetsFixed assetsTangible assets15……533.33Intangible assets1619318.75Current assetsInventories1413(1)(7.14)Cash and Cash Equivalents231……Total4755817.02@DURATION: 0@MAX_ATTEMPT: 0	—	—

Sample Questions from this Test

Convertible debentures cannot be issued at a discount if:

Accounting treatment for a partnership firm is similar to that of a sole proprietorship business except the following aspects:(A) Distribution of Profit and Loss among the partners(B) Dissolution of Partnership Firm(C) Raising Capital through public offering(D) Adjustments for Wrong Appropriation of Profits in the PastChoose the correct answer from the options given below:

In which of the following cases can a court order the dissolution of a partnership firm?

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Test Instructions

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