Commerce Exam > Commerce Notes > Accountancy CUET UG Mock Test Series 2026 > CUET Accountancy Previous Year Paper 2024
CUET Accountancy Previous Year Paper 2024 | Accountancy CUET UG Mock Test Series 2026 - Commerce PDF Download
| Download, print and study this document offline |
Please wait while the PDF view is loading
Page 1
A
Test Booklet No. Test Booklet Code
(Do not open this Test Booklet until you are asked to do so)
Time Allowed : 60 minutes Maximum Marks : 200 Total Questions : 50 Number of questions to be answered : 40
Kindly read the Instructions given on this Page and Back Page carefully before attempting this Question Paper.
Important Instructions for the Candidates :
1. This Test Booklet contains 50 questions printed in English. Out of these, the candidate is required to answer any
40 questions. If a candidate answers more than 40 questions, the first 40 answered questions will be considered for
evaluation.
2. When you are given the OMR Answer Sheet, fill in your particulars on it carefully with blue/black ball point pen only.
3. Use only Blue/Black Ball Point Pen for marking responses.
4. The CODE for this Test Booklet is A. Make sure that the CODE printed on the OMR Answer Sheet is the same as that
on this Test Booklet. Also ensure that your Test Booklet No. and OMR Answer Sheet No. are exactly the same. In case
of discrepancy, the candidate should immediately report the matter to the Invigilator for replacement of both the Test
Booklet and the OMR Answer Sheet. No claim in this regard will be entertained after five minutes from the start of the
examination.
5. Before attempting the question paper kindly check that this Test Booklet has total 16 pages and OMR Answer Sheet
consists of one sheet. At the start of the examination within first five minutes, candidates are advised to ensure that all
pages of Test Booklet and OMR Answer Sheet are properly printed and they are not damaged in any manner.
6. Each question has four answer options. Out of these four options choose the MOST APPROPRIATE OPTION and
darken/blacken the corresponding circle on the OMR Answer Sheet with a Blue/Black Ball Point Pen.
7. Five (5) marks will be given for each correct answer. One (1) mark will be deducted for each incorrect answer. If more
than one circle is found darkened/blackened for a question, then it will be considered as an incorrect answer.
Unanswered questions will be given no mark.
P.T.O.
Name of the Candidate (in Capital Letters) : ___________________________________________________________________
Application Number (in figures) : ______________________________________________________________________________
Roll Number (in figures) : ___________________________________________________________________________________
Centre of Examination (in Capital Letters) : ___________________________________________________________________
Candidate’s Signature : ____________________________ Invigilator’s Signature : ___________________________________
Facsimile signature stamp of Centre Superintendent : __________________________________________________________
Subject : ACCOUNTANCY
Code : 301 E
Medium : English
Page 2
A
Test Booklet No. Test Booklet Code
(Do not open this Test Booklet until you are asked to do so)
Time Allowed : 60 minutes Maximum Marks : 200 Total Questions : 50 Number of questions to be answered : 40
Kindly read the Instructions given on this Page and Back Page carefully before attempting this Question Paper.
Important Instructions for the Candidates :
1. This Test Booklet contains 50 questions printed in English. Out of these, the candidate is required to answer any
40 questions. If a candidate answers more than 40 questions, the first 40 answered questions will be considered for
evaluation.
2. When you are given the OMR Answer Sheet, fill in your particulars on it carefully with blue/black ball point pen only.
3. Use only Blue/Black Ball Point Pen for marking responses.
4. The CODE for this Test Booklet is A. Make sure that the CODE printed on the OMR Answer Sheet is the same as that
on this Test Booklet. Also ensure that your Test Booklet No. and OMR Answer Sheet No. are exactly the same. In case
of discrepancy, the candidate should immediately report the matter to the Invigilator for replacement of both the Test
Booklet and the OMR Answer Sheet. No claim in this regard will be entertained after five minutes from the start of the
examination.
5. Before attempting the question paper kindly check that this Test Booklet has total 16 pages and OMR Answer Sheet
consists of one sheet. At the start of the examination within first five minutes, candidates are advised to ensure that all
pages of Test Booklet and OMR Answer Sheet are properly printed and they are not damaged in any manner.
6. Each question has four answer options. Out of these four options choose the MOST APPROPRIATE OPTION and
darken/blacken the corresponding circle on the OMR Answer Sheet with a Blue/Black Ball Point Pen.
7. Five (5) marks will be given for each correct answer. One (1) mark will be deducted for each incorrect answer. If more
than one circle is found darkened/blackened for a question, then it will be considered as an incorrect answer.
Unanswered questions will be given no mark.
P.T.O.
Name of the Candidate (in Capital Letters) : ___________________________________________________________________
Application Number (in figures) : ______________________________________________________________________________
Roll Number (in figures) : ___________________________________________________________________________________
Centre of Examination (in Capital Letters) : ___________________________________________________________________
Candidate’s Signature : ____________________________ Invigilator’s Signature : ___________________________________
Facsimile signature stamp of Centre Superintendent : __________________________________________________________
Subject : ACCOUNTANCY
Code : 301 E
Medium : English
301 E/A ( 2 )
SPACE FOR ROUGH WORK
1. Match List-I with List-II.
List-I
(Name of account to be debited or
credited, when shares are forfeited)
List-II
(Amount to be debited or credited)
(A) Share Capital Account (I) Debited with amount not received
(B) Share Forfeited Account (II) Credited with amount not received
(C) Calls-in-arrears Account (III) Credited with amount received towards share capital
(D) Securities Premium Account (IV) Debited with amount called up
Choose the correct answer from the options given below :
(1) (A) - (I), (B) - (II), (C) - (III), (D) - (IV)
(2) (A) - (IV), (B) - (III), (C) - (II), (D) - (I)
(3) (A) - (I), (B) - (II), (C) - (IV), (D) - (III)
(4) (A) - (III), (B) - (IV), (C) - (I), (D) - (II)
2. 400 shares of ? 50 each issued at par were forfeited for non-payment of final call of ? 10 per share. These
shares were reissued at ? 45 per share as fully paid-up. The amount transferred to capital reserve is :
(1) ? 15,000 (2) ? 14,000
(3) ? 16,000 (4) ? 13,000
3. When debentures are issued at premium and redeemed at premium, the journal entry will have the
following combination :
(A) Discount on issue of debentures account is credited
(B) Loss on issue of debentures account is debited
(C) Security premium account is credited
(D) Premium on redemption of debentures account is credited
Choose the correct answer from the options given below :
(1) (A), (B) and (D) only (2) (A), (B) and (C) only
(3) (A), (B), (C) and (D) (4) (B), (C) and (D) only
Page 3
A
Test Booklet No. Test Booklet Code
(Do not open this Test Booklet until you are asked to do so)
Time Allowed : 60 minutes Maximum Marks : 200 Total Questions : 50 Number of questions to be answered : 40
Kindly read the Instructions given on this Page and Back Page carefully before attempting this Question Paper.
Important Instructions for the Candidates :
1. This Test Booklet contains 50 questions printed in English. Out of these, the candidate is required to answer any
40 questions. If a candidate answers more than 40 questions, the first 40 answered questions will be considered for
evaluation.
2. When you are given the OMR Answer Sheet, fill in your particulars on it carefully with blue/black ball point pen only.
3. Use only Blue/Black Ball Point Pen for marking responses.
4. The CODE for this Test Booklet is A. Make sure that the CODE printed on the OMR Answer Sheet is the same as that
on this Test Booklet. Also ensure that your Test Booklet No. and OMR Answer Sheet No. are exactly the same. In case
of discrepancy, the candidate should immediately report the matter to the Invigilator for replacement of both the Test
Booklet and the OMR Answer Sheet. No claim in this regard will be entertained after five minutes from the start of the
examination.
5. Before attempting the question paper kindly check that this Test Booklet has total 16 pages and OMR Answer Sheet
consists of one sheet. At the start of the examination within first five minutes, candidates are advised to ensure that all
pages of Test Booklet and OMR Answer Sheet are properly printed and they are not damaged in any manner.
6. Each question has four answer options. Out of these four options choose the MOST APPROPRIATE OPTION and
darken/blacken the corresponding circle on the OMR Answer Sheet with a Blue/Black Ball Point Pen.
7. Five (5) marks will be given for each correct answer. One (1) mark will be deducted for each incorrect answer. If more
than one circle is found darkened/blackened for a question, then it will be considered as an incorrect answer.
Unanswered questions will be given no mark.
P.T.O.
Name of the Candidate (in Capital Letters) : ___________________________________________________________________
Application Number (in figures) : ______________________________________________________________________________
Roll Number (in figures) : ___________________________________________________________________________________
Centre of Examination (in Capital Letters) : ___________________________________________________________________
Candidate’s Signature : ____________________________ Invigilator’s Signature : ___________________________________
Facsimile signature stamp of Centre Superintendent : __________________________________________________________
Subject : ACCOUNTANCY
Code : 301 E
Medium : English
301 E/A ( 2 )
SPACE FOR ROUGH WORK
1. Match List-I with List-II.
List-I
(Name of account to be debited or
credited, when shares are forfeited)
List-II
(Amount to be debited or credited)
(A) Share Capital Account (I) Debited with amount not received
(B) Share Forfeited Account (II) Credited with amount not received
(C) Calls-in-arrears Account (III) Credited with amount received towards share capital
(D) Securities Premium Account (IV) Debited with amount called up
Choose the correct answer from the options given below :
(1) (A) - (I), (B) - (II), (C) - (III), (D) - (IV)
(2) (A) - (IV), (B) - (III), (C) - (II), (D) - (I)
(3) (A) - (I), (B) - (II), (C) - (IV), (D) - (III)
(4) (A) - (III), (B) - (IV), (C) - (I), (D) - (II)
2. 400 shares of ? 50 each issued at par were forfeited for non-payment of final call of ? 10 per share. These
shares were reissued at ? 45 per share as fully paid-up. The amount transferred to capital reserve is :
(1) ? 15,000 (2) ? 14,000
(3) ? 16,000 (4) ? 13,000
3. When debentures are issued at premium and redeemed at premium, the journal entry will have the
following combination :
(A) Discount on issue of debentures account is credited
(B) Loss on issue of debentures account is debited
(C) Security premium account is credited
(D) Premium on redemption of debentures account is credited
Choose the correct answer from the options given below :
(1) (A), (B) and (D) only (2) (A), (B) and (C) only
(3) (A), (B), (C) and (D) (4) (B), (C) and (D) only
301 E/A ( 3 )
SPACE FOR ROUGH WORK
4. Arrange the following in the correct sequence in the context of debenture.
(A) Payment to debenture-holders
(B) Creation of DRR
(C) Issue of debentures
(D) Redemption becomes due
Choose the correct answer from the options given below :
(1) (A), (B), (C), (D) (2) (A), (C), (B), (D)
(3) (B), (A), (D), (C) (4) (C), (B), (D), (A)
5. If a delay occurs beyond 8 days in refunding the subscription amount, failing to gather the minimum
subscription, from the date of closure of the subscription list, the company shall be liable for interest at the
rate of :
(1) 15% (2) 12%
(3) 6% (4) Prevailing in State Bank of India
6. A company can accept calls in advance, if authorised by :
(1) Shareholders (2) Board of Directors
(3) Articles of Association (4) Memorandum of Association
7. A, B and C are partners sharing profits in the ratio of 3 : 2 : 1. C died on 1
st
July, 2023. On this date, final
accounts were prepared to ascertain profits for the period. It resulted in a profit of ? 1,75,000 to the firm. To
give effect to the above :
(1) Profit and Loss Account will be debited.
(2) Profit and Loss Appropriation Account will be debited.
(3) Profit and Loss Account will be credited.
(4) Profit and Loss Appropriation Account will be credited.
8. On the date of admission of a partner there was a balance of ? 45,000 in the account of machinery. It
was found undervalued by 10%. The value of machinery will appear in the new Balance Sheet at :
(1) ? 49,500 (2) ? 50,000
(3) ? 40,000 (4) ? 40,500
Page 4
A
Test Booklet No. Test Booklet Code
(Do not open this Test Booklet until you are asked to do so)
Time Allowed : 60 minutes Maximum Marks : 200 Total Questions : 50 Number of questions to be answered : 40
Kindly read the Instructions given on this Page and Back Page carefully before attempting this Question Paper.
Important Instructions for the Candidates :
1. This Test Booklet contains 50 questions printed in English. Out of these, the candidate is required to answer any
40 questions. If a candidate answers more than 40 questions, the first 40 answered questions will be considered for
evaluation.
2. When you are given the OMR Answer Sheet, fill in your particulars on it carefully with blue/black ball point pen only.
3. Use only Blue/Black Ball Point Pen for marking responses.
4. The CODE for this Test Booklet is A. Make sure that the CODE printed on the OMR Answer Sheet is the same as that
on this Test Booklet. Also ensure that your Test Booklet No. and OMR Answer Sheet No. are exactly the same. In case
of discrepancy, the candidate should immediately report the matter to the Invigilator for replacement of both the Test
Booklet and the OMR Answer Sheet. No claim in this regard will be entertained after five minutes from the start of the
examination.
5. Before attempting the question paper kindly check that this Test Booklet has total 16 pages and OMR Answer Sheet
consists of one sheet. At the start of the examination within first five minutes, candidates are advised to ensure that all
pages of Test Booklet and OMR Answer Sheet are properly printed and they are not damaged in any manner.
6. Each question has four answer options. Out of these four options choose the MOST APPROPRIATE OPTION and
darken/blacken the corresponding circle on the OMR Answer Sheet with a Blue/Black Ball Point Pen.
7. Five (5) marks will be given for each correct answer. One (1) mark will be deducted for each incorrect answer. If more
than one circle is found darkened/blackened for a question, then it will be considered as an incorrect answer.
Unanswered questions will be given no mark.
P.T.O.
Name of the Candidate (in Capital Letters) : ___________________________________________________________________
Application Number (in figures) : ______________________________________________________________________________
Roll Number (in figures) : ___________________________________________________________________________________
Centre of Examination (in Capital Letters) : ___________________________________________________________________
Candidate’s Signature : ____________________________ Invigilator’s Signature : ___________________________________
Facsimile signature stamp of Centre Superintendent : __________________________________________________________
Subject : ACCOUNTANCY
Code : 301 E
Medium : English
301 E/A ( 2 )
SPACE FOR ROUGH WORK
1. Match List-I with List-II.
List-I
(Name of account to be debited or
credited, when shares are forfeited)
List-II
(Amount to be debited or credited)
(A) Share Capital Account (I) Debited with amount not received
(B) Share Forfeited Account (II) Credited with amount not received
(C) Calls-in-arrears Account (III) Credited with amount received towards share capital
(D) Securities Premium Account (IV) Debited with amount called up
Choose the correct answer from the options given below :
(1) (A) - (I), (B) - (II), (C) - (III), (D) - (IV)
(2) (A) - (IV), (B) - (III), (C) - (II), (D) - (I)
(3) (A) - (I), (B) - (II), (C) - (IV), (D) - (III)
(4) (A) - (III), (B) - (IV), (C) - (I), (D) - (II)
2. 400 shares of ? 50 each issued at par were forfeited for non-payment of final call of ? 10 per share. These
shares were reissued at ? 45 per share as fully paid-up. The amount transferred to capital reserve is :
(1) ? 15,000 (2) ? 14,000
(3) ? 16,000 (4) ? 13,000
3. When debentures are issued at premium and redeemed at premium, the journal entry will have the
following combination :
(A) Discount on issue of debentures account is credited
(B) Loss on issue of debentures account is debited
(C) Security premium account is credited
(D) Premium on redemption of debentures account is credited
Choose the correct answer from the options given below :
(1) (A), (B) and (D) only (2) (A), (B) and (C) only
(3) (A), (B), (C) and (D) (4) (B), (C) and (D) only
301 E/A ( 3 )
SPACE FOR ROUGH WORK
4. Arrange the following in the correct sequence in the context of debenture.
(A) Payment to debenture-holders
(B) Creation of DRR
(C) Issue of debentures
(D) Redemption becomes due
Choose the correct answer from the options given below :
(1) (A), (B), (C), (D) (2) (A), (C), (B), (D)
(3) (B), (A), (D), (C) (4) (C), (B), (D), (A)
5. If a delay occurs beyond 8 days in refunding the subscription amount, failing to gather the minimum
subscription, from the date of closure of the subscription list, the company shall be liable for interest at the
rate of :
(1) 15% (2) 12%
(3) 6% (4) Prevailing in State Bank of India
6. A company can accept calls in advance, if authorised by :
(1) Shareholders (2) Board of Directors
(3) Articles of Association (4) Memorandum of Association
7. A, B and C are partners sharing profits in the ratio of 3 : 2 : 1. C died on 1
st
July, 2023. On this date, final
accounts were prepared to ascertain profits for the period. It resulted in a profit of ? 1,75,000 to the firm. To
give effect to the above :
(1) Profit and Loss Account will be debited.
(2) Profit and Loss Appropriation Account will be debited.
(3) Profit and Loss Account will be credited.
(4) Profit and Loss Appropriation Account will be credited.
8. On the date of admission of a partner there was a balance of ? 45,000 in the account of machinery. It
was found undervalued by 10%. The value of machinery will appear in the new Balance Sheet at :
(1) ? 49,500 (2) ? 50,000
(3) ? 40,000 (4) ? 40,500
301 E/A ( 4 )
SPACE FOR ROUGH WORK
9. Dividend received is
(1) Operating activity
(2) Financing activity
(3) Investing activity
(4) Cash and cash equivalents
10. A partnership can have maximum 50 partners. This limit has been set by the :
(1) Indian Partnership Act, 1932
(2) State Government
(3) Indian Contract Act, 1872
(4) Central Government
11. Which of the following is an example of sequential code ?
(1) Using Code “CL001” for “Accounts of XYZ Ltd”.
(2) Using Code “100-199” for “Dealers of Small Pumps”.
(3) Using Code “SJ” for “Sales Journals”.
(4) Using Code “HQ” for “Headquarters”.
12. If there is no claim against Workmen Compensation Reserve, it is _________________ at the time of
admission of a partner.
Fill in the blank with the correct answer from the options given below.
(1) debited to old partners' capital account.
(2) credited to all partners' capital accounts.
(3) credited to old partners' capital accounts.
(4) debited to all partners' capital accounts.
13. A, B and C are partners sharing profits in the ratio of 3 : 3 : 4. They decide to share the future profits
equally. The sacrifice or gain of partners are :
(1) A gains 1/30; B gains 1/30; C sacrifices 2/30
(2) A gains 2/30; B gains 1/30; C sacrifices 3/30
(3) A sacrifices 1/30; B gains 3/30; C sacrifices 2/30
(4) A gains 2/30; B gains 3/30; C sacrifices 5/30
Page 5
A
Test Booklet No. Test Booklet Code
(Do not open this Test Booklet until you are asked to do so)
Time Allowed : 60 minutes Maximum Marks : 200 Total Questions : 50 Number of questions to be answered : 40
Kindly read the Instructions given on this Page and Back Page carefully before attempting this Question Paper.
Important Instructions for the Candidates :
1. This Test Booklet contains 50 questions printed in English. Out of these, the candidate is required to answer any
40 questions. If a candidate answers more than 40 questions, the first 40 answered questions will be considered for
evaluation.
2. When you are given the OMR Answer Sheet, fill in your particulars on it carefully with blue/black ball point pen only.
3. Use only Blue/Black Ball Point Pen for marking responses.
4. The CODE for this Test Booklet is A. Make sure that the CODE printed on the OMR Answer Sheet is the same as that
on this Test Booklet. Also ensure that your Test Booklet No. and OMR Answer Sheet No. are exactly the same. In case
of discrepancy, the candidate should immediately report the matter to the Invigilator for replacement of both the Test
Booklet and the OMR Answer Sheet. No claim in this regard will be entertained after five minutes from the start of the
examination.
5. Before attempting the question paper kindly check that this Test Booklet has total 16 pages and OMR Answer Sheet
consists of one sheet. At the start of the examination within first five minutes, candidates are advised to ensure that all
pages of Test Booklet and OMR Answer Sheet are properly printed and they are not damaged in any manner.
6. Each question has four answer options. Out of these four options choose the MOST APPROPRIATE OPTION and
darken/blacken the corresponding circle on the OMR Answer Sheet with a Blue/Black Ball Point Pen.
7. Five (5) marks will be given for each correct answer. One (1) mark will be deducted for each incorrect answer. If more
than one circle is found darkened/blackened for a question, then it will be considered as an incorrect answer.
Unanswered questions will be given no mark.
P.T.O.
Name of the Candidate (in Capital Letters) : ___________________________________________________________________
Application Number (in figures) : ______________________________________________________________________________
Roll Number (in figures) : ___________________________________________________________________________________
Centre of Examination (in Capital Letters) : ___________________________________________________________________
Candidate’s Signature : ____________________________ Invigilator’s Signature : ___________________________________
Facsimile signature stamp of Centre Superintendent : __________________________________________________________
Subject : ACCOUNTANCY
Code : 301 E
Medium : English
301 E/A ( 2 )
SPACE FOR ROUGH WORK
1. Match List-I with List-II.
List-I
(Name of account to be debited or
credited, when shares are forfeited)
List-II
(Amount to be debited or credited)
(A) Share Capital Account (I) Debited with amount not received
(B) Share Forfeited Account (II) Credited with amount not received
(C) Calls-in-arrears Account (III) Credited with amount received towards share capital
(D) Securities Premium Account (IV) Debited with amount called up
Choose the correct answer from the options given below :
(1) (A) - (I), (B) - (II), (C) - (III), (D) - (IV)
(2) (A) - (IV), (B) - (III), (C) - (II), (D) - (I)
(3) (A) - (I), (B) - (II), (C) - (IV), (D) - (III)
(4) (A) - (III), (B) - (IV), (C) - (I), (D) - (II)
2. 400 shares of ? 50 each issued at par were forfeited for non-payment of final call of ? 10 per share. These
shares were reissued at ? 45 per share as fully paid-up. The amount transferred to capital reserve is :
(1) ? 15,000 (2) ? 14,000
(3) ? 16,000 (4) ? 13,000
3. When debentures are issued at premium and redeemed at premium, the journal entry will have the
following combination :
(A) Discount on issue of debentures account is credited
(B) Loss on issue of debentures account is debited
(C) Security premium account is credited
(D) Premium on redemption of debentures account is credited
Choose the correct answer from the options given below :
(1) (A), (B) and (D) only (2) (A), (B) and (C) only
(3) (A), (B), (C) and (D) (4) (B), (C) and (D) only
301 E/A ( 3 )
SPACE FOR ROUGH WORK
4. Arrange the following in the correct sequence in the context of debenture.
(A) Payment to debenture-holders
(B) Creation of DRR
(C) Issue of debentures
(D) Redemption becomes due
Choose the correct answer from the options given below :
(1) (A), (B), (C), (D) (2) (A), (C), (B), (D)
(3) (B), (A), (D), (C) (4) (C), (B), (D), (A)
5. If a delay occurs beyond 8 days in refunding the subscription amount, failing to gather the minimum
subscription, from the date of closure of the subscription list, the company shall be liable for interest at the
rate of :
(1) 15% (2) 12%
(3) 6% (4) Prevailing in State Bank of India
6. A company can accept calls in advance, if authorised by :
(1) Shareholders (2) Board of Directors
(3) Articles of Association (4) Memorandum of Association
7. A, B and C are partners sharing profits in the ratio of 3 : 2 : 1. C died on 1
st
July, 2023. On this date, final
accounts were prepared to ascertain profits for the period. It resulted in a profit of ? 1,75,000 to the firm. To
give effect to the above :
(1) Profit and Loss Account will be debited.
(2) Profit and Loss Appropriation Account will be debited.
(3) Profit and Loss Account will be credited.
(4) Profit and Loss Appropriation Account will be credited.
8. On the date of admission of a partner there was a balance of ? 45,000 in the account of machinery. It
was found undervalued by 10%. The value of machinery will appear in the new Balance Sheet at :
(1) ? 49,500 (2) ? 50,000
(3) ? 40,000 (4) ? 40,500
301 E/A ( 4 )
SPACE FOR ROUGH WORK
9. Dividend received is
(1) Operating activity
(2) Financing activity
(3) Investing activity
(4) Cash and cash equivalents
10. A partnership can have maximum 50 partners. This limit has been set by the :
(1) Indian Partnership Act, 1932
(2) State Government
(3) Indian Contract Act, 1872
(4) Central Government
11. Which of the following is an example of sequential code ?
(1) Using Code “CL001” for “Accounts of XYZ Ltd”.
(2) Using Code “100-199” for “Dealers of Small Pumps”.
(3) Using Code “SJ” for “Sales Journals”.
(4) Using Code “HQ” for “Headquarters”.
12. If there is no claim against Workmen Compensation Reserve, it is _________________ at the time of
admission of a partner.
Fill in the blank with the correct answer from the options given below.
(1) debited to old partners' capital account.
(2) credited to all partners' capital accounts.
(3) credited to old partners' capital accounts.
(4) debited to all partners' capital accounts.
13. A, B and C are partners sharing profits in the ratio of 3 : 3 : 4. They decide to share the future profits
equally. The sacrifice or gain of partners are :
(1) A gains 1/30; B gains 1/30; C sacrifices 2/30
(2) A gains 2/30; B gains 1/30; C sacrifices 3/30
(3) A sacrifices 1/30; B gains 3/30; C sacrifices 2/30
(4) A gains 2/30; B gains 3/30; C sacrifices 5/30
301 E/A ( 5 )
SPACE FOR ROUGH WORK
14. Match List-I with List-II.
List-I
(Equal amount of drawings made)
List-II
(Number of month for which interest calculated)
(A) At the end of each half year (I) 4.5 months
(B) At the beginning of each quarter (II) 6.5 months
(C) At the beginning of each month (III) 7.5 months
(D) At the end of each quarter (IV) 3 months
Choose the correct answer from the options given below :
(1) (A) - (I), (B) - (II), (C) - (III), (D) - (IV)
(2) (A) - (I), (B) - (III), (C) - (II), (D) - (IV)
(3) (A) - (IV), (B) - (II), (C) - (I), (D) - (III)
(4) (A) - (IV), (B) - (III), (C) - (II), (D) - (I)
15. Kavita and Lalita are partners, sharing profits in the ratio of 2 : 1. They decide to admit Mohan for
1/4
th
share in future profits with a guaranteed amount of ? 25,000. Both Kavita and Lalita undertake to
meet the liability arising due to the guaranteed amount to Mohan in their respective profit sharing ratio. The
firm earned profits of ? 76,000 for the year 2022–23. The deficiency borne by Kavita is :
(1) ? 4,000 (2) ? 2,000 (3) ? 6,000 (4) ? 4,500
16. Anshu and Nitu are partners, sharing profits in the ratio of 3 : 2. They admitted Jyoti as a new partner for
3/10 share which she acquired 2/10 from Anshu and 1/10 from Nitu. Calculate the new profit sharing ratio
of Anshu, Nitu and Jyoti.
(1) 4 : 3 : 3 (2) 3 : 4 : 3 (3) 3 : 3 : 4 (4) 3 : 2 : 1
17. The journal entry for treatment of goodwill, when a new partner brings his share of goodwill in cash and
one of the old partners gains, involves the following :
(A) Gaining Partner’s Capital Account is debited
(B) Premium for Goodwill Account is debited
(C) Sacrificing Partner’s Capital Account is credited
(D) Gaining Partner’s Capital Account is credited
Choose the correct answer from the options given below :
(1) (A), (B) and (D) only (2) (A), (B) and (C) only
(3) (A), (B), (C) and (D) (4) (B), (C) and (D) only
Read More
|
3 docs|77 tests
|
FAQs on CUET Accountancy Previous Year Paper 2024 - Accountancy CUET UG Mock Test Series 2026 - Commerce
| 1. What is the CUET Exam and its significance for students? |  |
Ans. The CUET (Common University Entrance Test) is a national-level entrance examination in India, primarily aimed at students seeking admission to undergraduate programs in various central universities. Its significance lies in providing a standardized assessment method, allowing students from diverse educational backgrounds to compete for limited slots in prestigious institutions. The exam evaluates students' knowledge and skills in various subjects, including Accountancy, which is crucial for those pursuing commerce-related courses.
| 2. What topics are generally covered in the CUET Accountancy exam? | |
Ans. The CUET Accountancy exam typically covers a range of topics essential for understanding financial principles and practices. Key areas include the fundamentals of accounting, financial statements, accounting for partnerships and companies, cost accounting, and budgeting. Students are also expected to understand various accounting concepts, conventions, and the accounting cycle, which are critical for success in the exam.
| 3. How can students effectively prepare for the CUET Accountancy exam? | |
Ans. Effective preparation for the CUET Accountancy exam involves several strategies. Students should start by reviewing the syllabus thoroughly and understanding the exam pattern. Creating a study schedule that allocates time for each topic can help ensure comprehensive coverage. Utilizing previous year papers, mock tests, and revision notes can enhance understanding and retention. Additionally, seeking help from teachers or peers and participating in study groups can provide clarity on complex topics.
| 4. Are there any specific books or resources recommended for CUET Accountancy preparation? | |
Ans. Yes, several books and resources are recommended for CUET Accountancy preparation. Popular textbooks include "Accountancy" by T.S. Grewal and "Financial Accounting" by P.C. Tulsian. Additionally, reference books by authors like R. S. N. Pillai and V. Bhagavathi provide in-depth insights. Students are also encouraged to use online platforms that offer video lectures, quizzes, and practice papers tailored to CUET. Previous year question papers can also be invaluable in understanding the exam's format and frequently tested concepts.
| 5. What is the scoring system for the CUET Accountancy exam? | |
Ans. The CUET Accountancy exam follows a specific scoring system where each correct answer typically earns a set number of points, while incorrect answers may incur negative marking. The total score is calculated based on the number of correct answers, with penalties applied for wrong answers, encouraging students to answer only when confident. It is crucial for students to understand the scoring system to strategize their attempts effectively during the exam.
About this Document
4.87/5
Rating
Sep 27, 2025
Last updated
Related Exams
Document Description: CUET Accountancy Previous Year Paper 2024 for Commerce 2025 is part of Accountancy CUET UG Mock Test Series 2026 preparation.
The notes and questions for CUET Accountancy Previous Year Paper 2024 have been prepared according to the Commerce exam syllabus. Information about CUET Accountancy Previous Year Paper 2024 covers topics
like and CUET Accountancy Previous Year Paper 2024 Example, for Commerce 2025 Exam. Find important definitions, questions, notes, meanings, examples, exercises and tests below for CUET Accountancy Previous Year Paper 2024.
Introduction of CUET Accountancy Previous Year Paper 2024 in English is available as part of our Accountancy CUET UG Mock Test Series 2026
for Commerce & CUET Accountancy Previous Year Paper 2024 in Hindi for Accountancy CUET UG Mock Test Series 2026 course.
Download more important topics related with notes, lectures and mock test series for Commerce
Exam by signing up for free. Commerce: CUET Accountancy Previous Year Paper 2024 | Accountancy CUET UG Mock Test Series 2026 - Commerce
Description
Full syllabus notes, lecture & questions for CUET Accountancy Previous Year Paper 2024 | Accountancy CUET UG Mock Test Series 2026 - Commerce - Commerce | Plus excerises question with solution to help you revise complete syllabus for Accountancy CUET UG Mock Test Series 2026 | Best notes, free PDF download
Information about CUET Accountancy Previous Year Paper 2024
In this doc you can find the meaning of CUET Accountancy Previous Year Paper 2024 defined & explained in the simplest way possible. Besides explaining types of
CUET Accountancy Previous Year Paper 2024 theory, EduRev gives you an ample number of questions to practice CUET Accountancy Previous Year Paper 2024 tests, examples and also practice Commerce
tests
Related Searches
practice quizzes
,video lectures
,Important questions
,past year papers
,Objective type Questions
,Exam
,MCQs
,shortcuts and tricks
,Summary
,Extra Questions
,Free
,Viva Questions
,ppt
,Sample Paper
,CUET Accountancy Previous Year Paper 2024 | Accountancy CUET UG Mock Test Series 2026 - Commerce
,Previous Year Questions with Solutions
,study material
,CUET Accountancy Previous Year Paper 2024 | Accountancy CUET UG Mock Test Series 2026 - Commerce
,Semester Notes
,CUET Accountancy Previous Year Paper 2024 | Accountancy CUET UG Mock Test Series 2026 - Commerce
,mock tests for examination
;
Additional Information about CUET Accountancy Previous Year Paper 2024 for Commerce Preparation
CUET Accountancy Previous Year Paper 2024 Free PDF Download
The CUET Accountancy Previous Year Paper 2024 is an invaluable resource that delves deep into the core of the Commerce exam.
These study notes are curated by experts and cover all the essential topics and concepts, making your preparation more efficient and effective.
With the help of these notes, you can grasp complex subjects quickly, revise important points easily,
and reinforce your understanding of key concepts. The study notes are presented in a concise and easy-to-understand manner,
allowing you to optimize your learning process. Whether you're looking for best-recommended books, sample papers, study material,
or toppers' notes, this PDF has got you covered. Download the CUET Accountancy Previous Year Paper 2024 now and kickstart your journey towards success in the Commerce exam.
Importance of CUET Accountancy Previous Year Paper 2024
The importance of CUET Accountancy Previous Year Paper 2024 cannot be overstated, especially for Commerce aspirants.
This document holds the key to success in the Commerce exam.
It offers a detailed understanding of the concept, providing invaluable insights into the topic.
By knowing the concepts well in advance, students can plan their preparation effectively.
Utilize this indispensable guide for a well-rounded preparation and achieve your desired results.
CUET Accountancy Previous Year Paper 2024 Notes
CUET Accountancy Previous Year Paper 2024 Notes offer in-depth insights into the specific topic to help you master it with ease.
This comprehensive document covers all aspects related to CUET Accountancy Previous Year Paper 2024.
It includes detailed information about the exam syllabus, recommended books, and study materials for a well-rounded preparation.
Practice papers and question papers enable you to assess your progress effectively.
Additionally, the paper analysis provides valuable tips for tackling the exam strategically.
Access to Toppers' notes gives you an edge in understanding complex concepts.
Whether you're a beginner or aiming for advanced proficiency, CUET Accountancy Previous Year Paper 2024 Notes on EduRev are your ultimate resource for success.
CUET Accountancy Previous Year Paper 2024 Commerce Questions
The "CUET Accountancy Previous Year Paper 2024 Commerce Questions" guide is a valuable resource for all aspiring students preparing for the
Commerce exam. It focuses on providing a wide range of practice questions to help students gauge
their understanding of the exam topics. These questions cover the entire syllabus, ensuring comprehensive preparation.
The guide includes previous years' question papers for students to familiarize themselves with the exam's format and difficulty level.
Additionally, it offers subject-specific question banks, allowing students to focus on weak areas and improve their performance.
Study CUET Accountancy Previous Year Paper 2024 on the App
Students of Commerce can study CUET Accountancy Previous Year Paper 2024 alongwith tests & analysis from the EduRev app,
which will help them while preparing for their exam. Apart from the CUET Accountancy Previous Year Paper 2024,
students can also utilize the EduRev App for other study materials such as previous year question papers, syllabus, important questions, etc.
The EduRev App will make your learning easier as you can access it from anywhere you want.
The content of CUET Accountancy Previous Year Paper 2024 is prepared as per the latest Commerce syllabus.
|
© EduRev
|
Education Revolution
|
|
Signup to see your scores
go up
within 7 days!
within 7 days!
Takes less than 10 seconds to signup