CUET Accountancy - Current liabilities include : (A) Trade receivables (B) Unclaimed dividend (C) Interest accrued but not due on loan (D) Acceptances (E) 12% debentures redeemable after four years Choose the correct answer from the options given below : | PYQs + Solutions

CUET Accountancy 2023 28 May Shift 1

Financial Statements

Medium

(A), (B) and (C) only

(B), (C) and (D) only

(A), (C) and (D) only

(A), (B) and (D) only

✅ Correct Option: 2

Related questions:

11 June Shift 3

Arrange the following items of statement of profit and Loss in a sequence.

(A) Total Revenue

(B) Revenue from Operations

(D) Expenses

(E) Profit Before Tax

Choose the correct answer from the options given below :

27 May Shift 2

The balance sheet provides information about the financial position of an enterprise:

29 May Shift 2

Identify the salient features of Income and Expenditure account from the following:

A. It is prepared on accrual basis.

B. It includes both revenue as well as capital items.

C. It is prepared after taking into account the additional information regarding outstanding/prepaid expenses and depreciation etc.

D. Its result is surplus or deficit.

E. It is prepared with the help of Receipts and Payments Account.

Choose the correct answer from the options given below:

CUET Accountancy 2023 28 May Shift 1 PYQs