CUET Accountancy 2025 22 May Shift 1 PYQs

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Sample Questions from this Test

1. Ram and Laxman started business on 1st Jan 2020 with a capital of $\text{Rs. }1,20,000$ and $\text{Rs. }80,000$ respectively. Ram introduced $\text{Rs. }50,000$ to the firm on 1st July 2020 as additional capital. If the rate of interest is $15\%\text{ p.a.}$, assuming that accounts are closed as per calendar year, then the Interest payable to Ram on Capital would be:
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2. The ratio in which the old partners agree to give their share of profit in favor of the incoming partner is called:
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3. When realisation expenses are paid by the firm on behalf of a partner, which among the following will be debited:
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