CUET UG 2023 Accountancy Question Paper (11-Jun-2023) (Shift 3)

Question 1

If the credit side of Receipt and Payment A/c is more than the debit side then the difference will be shown as:

Accepted Answer

Bank Overdraft

Answer

Commission

Answer

Bank Charges

Answer

Interest

Question 2

Match List - I with List - II. List IList II(A) Equity Share(I) Fixed Dividend(B) Preference Share(II) No hold over Assets(C) Secured Loan(III) Hold over Assets(D) Unsecured Loan(IV) Voting RightChoose the correct answer from the options given below:

Accepted Answer

(A)-(IV), (B)-(I), (C)-(III), (D)-(II)

Answer

(A)-(I), (B)-(II), (C)-(III), (D)-(IV)

Answer

(A)-(II), (B)-(I), (C)-(III), (D)-(IV)

Answer

(A)-(IV), (B)-(I), (C)-(II), (D)-(III)

Question 3

Calculate cash flow from financing activities of X Ltd. which is a financing company. Issue of shares = ₹1,00,000 Issue of bonus shares = ₹50,000 Dividend paid = ₹3,000 Interest paid = ₹5,000

Accepted Answer

₹85,000

Answer

₹90,000

Answer

₹1,35,000

Answer

₹95,000

Question 4

Where are amounts owed by customers for credit purchases found?

Accepted Answer

Accounts Receivable Subsidiary Ledger

Answer

Accounts Receivable Journal

Answer

General Ledger

Answer

Sales Journal

Question 5

Match List - I with List - II. List IList II(A) Share Capital(I) 10% debenture(B) Reserve and Surplus(II) Interest accrued and due(C) Non-Current Liability(III) Share forfeited account(D) Current Liability(IV) Capital Redemption ReserveChoose the correct answer from the options given below:

Accepted Answer

(A)-(III), (B)-(IV), (C)-(I), (D)-(II)

Answer

(A)-(II), (B)-(III), (C)-(IV), (D)-(I)

Answer

(A)-(II), (B)-(I), (C)-(III), (D)-(IV)

Answer

(A)-(III), (B)-(I), (C)-(IV), (D)-(II)

CUET UG 2023 Accountancy Question Paper (11-Jun-2023) (Shift 3)

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List I	List II
(A) Equity Share	(I) Fixed Dividend
(B) Preference Share	(II) No hold over Assets
(C) Secured Loan	(III) Hold over Assets
(D) Unsecured Loan	(IV) Voting Right

List I	List II
(A) Share Capital	(I) 10% debenture
(B) Reserve and Surplus	(II) Interest accrued and due
(C) Non-Current Liability	(III) Share forfeited account
(D) Current Liability	(IV) Capital Redemption Reserve