CUET Accountancy - Treatment of construction of pavilion is | PYQs + Solutions

CUET Accountancy 2022 16 July Shift 2

Financial Statements

Medium

Added to general or capital fund and also shown on assets side of Balance sheet.

shown only on assets side of Balance sheet

Added to only capital fund

debited to Income and expenditure account

✅ Correct Option: 1

Related questions:

16 May Shift 1

Fixed deposit for the term of five years will come under which of the following?

8 Aug Shift 2

Which one of the following items will be added in debit balance of cash book in the preparation of bank reconciliation statement?

11 June Shift 3

Identify the correct sequence of different items to be shown in a Balance-Sheet of a company.

(A) Trade payable

(B) Non-Current Investments

(D) Intangible Assets

(E) Long term borrowing

Choose the correct answer from the options given below :

CUET Accountancy 2022 16 July Shift 2 PYQs