List of top Questions asked in CUET (UG)

on dissolution of partnership firm, unrecorded assets when taken over by a partner are shown in :

Reserves and Surplus includes:
(A) Statement of Profits and Loss (Credit Balance) 
(B) Reserve Capital 
(C) Securities Premium Reserve 
(D) Capital Redemption Reserve 
(E) Share Application Money Pending Allotment 
Choose the correct answer from the options given below:

Hem and Nem are partners in a firm Sharing Profits in the ratio of \( 3: 2\). Their Capitals were \(₹ 80,000\) and \(₹ 50,000\) respectively. They admitted Sam for \(\frac{1}{5}\) share and he brought \(₹ 60,000 \) as his Capital. Goodwill of the firm will be: 

Calculate Debt equity Ratio :
\(13\%\) Debentures \( ₹6,00,000\) 
Shareholders fund Z \(₹8,00,000\) 
Net Profit before tax \(₹3,51,000 \)
Current Liabilities \(₹1,60,000 \)

Cash flow from Financing Activities includes:
(A) Issue of Equity shares to promoters 
(B) Redemption of Preference shares at premium 
(C) Interest on debenture paid 
(D) Raising funds by issuing 9% Debentures 
(E) Payment for purchase of Equity shares 
Choose the correct answer from the options given below: 

Match LIST I with LIST II

LIST I		LIST II
A	Proceeds from Long term borrowings	I	Marketable Securities
B	Purchase of Raw Materials	II	Investing Activities
C	Purchase of New Equipments	III	Operating Activities
D	Purchase of New Equipments	IV	Financing Activities

Choose the correct answer from the options given below

Which of the following items will be recorded in Revaluation A/c.
(A) Capital brought in by New partner 
(B) Plant is to depreciated by \( 20\% \)
(C) \(60,000\) brought in by new Partner for Goodwill 
(D) Stock overvalued by \( 5,000 \)
(E) Unrecorded creditors to the extent of \(₹ 1,500 \)
Choose the correct answer from the options given below: 

Match LIST I with LIST II

LIST I		LIST II
A	Liquidity Ratio	I	To check ability to meet long term contractual obligations
B	Solvency Ratio	II	To analyse the earning capacity of Business
C	Activity Ratio	III	To measure the short term Solvency
D	Profitability Ratio	IV	To measure the speed at which the activities of the business are being performed

Choose the correct answer from the options given below

Arrange the following items in Correct order as per the Statement of Profit and Loss of a Company.
(A) Employee Benefit Expenses
(B)Finance Costs
(C) Depreciation and Amortisation
(D) Purchase of Stock in Trade
(E)Exceptional Items
Choose the correct answer from the options given below:

Match LIST I with LIST II

LIST I		LIST II
A	Goodwill written off	I	Credit side of Profit and Loss A/c
B	Partner's Salary	II	Debit side of Partner's Capital A/c
C	Bad Debts Recovered	III	Debit side of Profit and Loss A/c
D	Manager's Commission	IV	Credit side of Partner's Capital A/c

Choose the correct answer from the options given below

Ninza Ltd. forfeited \(1,200\) shares of \(₹ 10\) each, on which \(₹ 8 \) per share as called up and \(₹ 6\) per share was paid up. The amount with which share Capital Account will be debited at the time of forfeiture of Share will be:

The correct order of items in the Cash Flow Statement should be:
(A) Calculate Net Profit before Tax and Extraordinary items 
(B) Cash generated from operation 
(C) Net profit as per Balance sheet 
(D) Cash flow from Operating Activities 
(E) Calculating Operating Profit before working Capital Changes
 Choose the correct answer from the options given below: 

Arrange the following steps in correct order for calculation of Proportionate Capital of New Partner.
(A) Balancing the capital account of old partners 
(B) Calculation of Gain/Loss on Revaluation and transferring to Capital Account 
(C) Transferring Accumulated Profit to Capital account 
(D) Calculation of Proportionate Capital for New Partner 
(E) Adjustment for Goodwill in Partner's capital account 
Choose the correct answer from the options given below: 

Y and Z are partners in a firm. If W is admitted as a new partner, what will happen?

At the time of admission of a new partner, general reserve appearing in the old Balance Sheet is transferred to:

A series AC circuit has a resistance 8Ω and a reactance of 6Ω . The impedance of the circuit is:

A charge of 5 μC moves with a speed of $2 \times 10^6$ m/s along the positive y-axis. A magnetic field $\vec{B}$ of strength ($2\hat{i}+ \hat{k}$)T exists in space. The magnetic force acting on the charge is :

Ten capacitors each of 2 µF capacity were arranged in two rows such that first row contains 6 capacitors in series where as the rest were in second row. The equivalent capacitance of the network is:

The magnitude of electric current is increasing from A towards B. If there is any induced current in the loop as shown in the figure, its direction will be:

A coil having 'n' turns and resistance 'R'Ω is connected with a galvanometer of resistance '4R' Ω. What is the induced current in the circuit when this combination (coil+galvanometer) is moved in time t from a magnetic flux Φ1 to Φ2?

The circuits where transformers are used:

Six equal resistances are connected between points P, Q and R as shown in the figure. The net resistance will be maximum between:

The susceptibility ($X_m$) and permeability (μ) of a perfectly diamagnetic substance are:

The statement that is NOT true about induced emf is:

Which of the following statement is correct for a potentiometer ?