CUET Accountancy 2024 Slot 1 PYQs

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ACC

Q1:

CUET Accountancy 2024 Slot 1

Accountancy

Easy

Q1:

Partnership

Not for profit organisation

Companies

Cooperatives

Correct Answer

Option 2

Correct Answer

Explanation →

Q2:

CUET Accountancy 2024 Slot 1

Accountancy

Easy

Q2:

Sale of goods

Sale of periodicals

Subscription from members

Sale of assets

Correct Answer

Option 3

Correct Answer

Explanation →

Q3:

CUET Accountancy 2024 Slot 1

Accountancy

Easy

Q3:

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

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

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

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

Correct Answer

Option 4

Correct Answer

Explanation →

Q4:

CUET Accountancy 2024 Slot 1

Accountancy

Easy

Q4:

Increase in assets

Drawings against capital

Interest on capital

Partner's salary

Correct Answer

Option 1

Correct Answer

Explanation →

Q5:

CUET Accountancy 2024 Slot 1

Accountancy

Easy

Q5:

(C), (B), (A), (D)

(A), (C), (B), (D)

(B), (A), (D), (C)

(C), (B), (D), (A)

Correct Answer

Option 1

Correct Answer

Explanation →

Q6:

CUET Accountancy 2024 Slot 1

Accountancy

Easy

Q6:

to manipulate the accounts to show a better picture of the financial position than the actual one

to show excessive depreciation

to avoid tax

to reduce tax

Correct Answer

Option 1

Correct Answer

Explanation →

Q7:

CUET Accountancy 2024 Slot 1

Accountancy

Easy

Q7:

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

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

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

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

Correct Answer

Option 3

Correct Answer

Explanation →

Q8:

CUET Accountancy 2024 Slot 1

Accountancy

Easy

Q8:

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

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

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

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

Correct Answer

Option 3

Correct Answer

Explanation →

Q9:

CUET Accountancy 2024 Slot 1

Accountancy

Easy

Q9:

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

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

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

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

Correct Answer

Option 4

Correct Answer

Explanation →

Q10:

CUET Accountancy 2024 Slot 1

Accountancy

Easy

Q10:

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

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

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

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

Correct Answer

Option 3

Correct Answer

Explanation →

Q11:

CUET Accountancy 2024 Slot 1

Accountancy

Easy

Q11:

Investing activity and outflow ₹ 3,50,000

Investing activity and inflow ₹ 3,50,000

Investing activity and no flow

Operating activity and outflow ₹ 3,50,000

Correct Answer

Option 1

Correct Answer

Explanation →

Q12:

CUET Accountancy 2024 Slot 1

Accountancy

Easy

Q12:

(A), (B), (C), (D)

(D), (A), (C), (B)

(B), (A), (D), (C)

(C), (B), (D), (A)

Correct Answer

Option 2

Correct Answer

Explanation →

Q13:

CUET Accountancy 2024 Slot 1

Accountancy

Medium

Q13:

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

(A) and (C) only

(A) and (D) only

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

Correct Answer

Option 2

Correct Answer

Explanation →

Q14:

CUET Accountancy 2024 Slot 1

Accountancy

Easy

Q14:

number of shares applied for is equal to the number of shares issued

number of shares applied for is more than the number of shares issued

number of shares applied for is less than the number of shares issued

face value of the share is less than the issue price of the share

Correct Answer

Option 2

Correct Answer

Explanation →

Q15:

CUET Accountancy 2024 Slot 1

Accountancy

Medium

Q15:

₹ 15,000

₹ 14,000

₹ 16,000

₹ 13,000

Correct Answer

Option 2

Correct Answer

Explanation →

Q16:

CUET Accountancy 2024 Slot 1

Accountancy

Medium

Q16:

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

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

(A), (B), (C) and (D)

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

Correct Answer

Option 4

Correct Answer

Explanation →

Q17:

CUET Accountancy 2024 Slot 1

Accountancy

Medium

Q17:

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

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

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

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

Correct Answer

Option 2

Correct Answer

Explanation →

Q18:

CUET Accountancy 2024 Slot 1

Accountancy

Medium

Q18:

(A), (B), (C), (D)

(A), (C), (B), (D)

(B), (A), (D), (C)

(C), (B), (D), (A)

Correct Answer

Option 4

Correct Answer

Explanation →

Q19:

CUET Accountancy 2024 Slot 1

Accountancy

Hard

Q19:

15%

12%

Prevailing in State Bank of India

Correct Answer

Option 1

Correct Answer

Explanation →

Q20:

CUET Accountancy 2024 Slot 1

Accountancy

Easy

Q20:

Shareholders

Board of Directors

Articles of Association

Memorandum of Association

Correct Answer

Option 3

Correct Answer

Explanation →

Q21:

CUET Accountancy 2024 Slot 1

Accountancy

Easy

Q21:

Profit and Loss Account will be debited

Profit and Loss Appropriation Account will be debited

Profit and Loss Account will be credited

Profit and Loss Appropriation Account will be credited

Correct Answer

Option 2

Correct Answer

Explanation →

Q22:

CUET Accountancy 2024 Slot 1

Accountancy

Medium

Q22:

₹ 49,500

₹ 50,000

₹ 40,000

₹ 40,500

Correct Answer

Option 2

Correct Answer

Explanation →

Q23:

CUET Accountancy 2024 Slot 1

Accountancy

Easy

Q23:

Operating activity

Financing activity

Investing activity

Cash and cash equivalents

Correct Answer

Option 3

Correct Answer

Explanation →

Q24:

CUET Accountancy 2024 Slot 1

Accountancy

Hard

Q24:

Indian Partnership Act, 1932

State Government

Indian Contract Act, 1872

Central Government

Correct Answer

Option 4

Correct Answer

Explanation →

Q25:

CUET Accountancy 2024 Slot 1

Accountancy

Medium

Q25:

Using Code 'CL001' for 'Accounts of XYZ Ltd'

Using Code '100-199' for 'Dealers of Small Pumps'

Using Code 'SJ' for 'Sales Journals'

Using Code 'HQ' for 'Headquarters'

Correct Answer

Option 2

Correct Answer

Explanation →

Q26:

CUET Accountancy 2024 Slot 1

Accountancy

Easy

Q26:

debited to old partners' capital account

credited to all partners' capital accounts

credited to old partners' capital accounts

debited to all partners' capital accounts

Correct Answer

Option 3

Correct Answer

Explanation →

Q27:

CUET Accountancy 2024 Slot 1

Accountancy

Easy

Q27:

A gains 1/30; B gains 1/30; C sacrifices 2/30

A gains 2/30; B gains 1/30; C sacrifices 3/30

A sacrifices 1/30; B gains 3/30; C sacrifices 2/30

A gains 2/30; B gains 3/30; C sacrifices 5/30

Correct Answer

Option 1

Correct Answer

Explanation →

Q28:

CUET Accountancy 2024 Slot 1

Accountancy

Medium

Q28:

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

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

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

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

Correct Answer

Option 4

Correct Answer

Explanation →

Q29:

CUET Accountancy 2024 Slot 1

Accountancy

Medium

Q29:

₹ 4,000

₹ 2,000

₹ 6,000

₹ 4,500

Correct Answer

Option 1

Correct Answer

Explanation →

Q30:

CUET Accountancy 2024 Slot 1

Accountancy

Easy

Q30:

4:3:3

3:4:3

3:3:4

3:2:1

Correct Answer

Option 1

Correct Answer

Explanation →

Q31:

CUET Accountancy 2024 Slot 1

Accountancy

Easy

Q31:

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

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

(A), (B), (C) and (D)

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

Correct Answer

Option 2

Correct Answer

Explanation →

Q32:

CUET Accountancy 2024 Slot 1

Accountancy

Easy

Q32:

Operating activity

Financing activity

Investing activity

Extraordinary item

Correct Answer

Option 3

Correct Answer

Explanation →

Q33:

CUET Accountancy 2024 Slot 1

Accountancy

Easy

Q33:

Data, Report, Ledger, Hardware, Software

Data, People, Procedure, Hardware, Software

People, Procedure, Ledger, Data, Chart of Accounts

Data, Coding, Procedure, Rules, Output

Correct Answer

Option 2

Correct Answer

Explanation →

Q34:

CUET Accountancy 2024 Slot 1

Accountancy

Easy

Q34:

the recording of Sales, maintaining of Sales Ledger and Receivables

the preparation of Budget for the coming financial year

the preparation of Profit and Loss Account, Balance Sheet and Cash Flow Statement

the purchase and payment to creditors

Correct Answer

Option 1

Correct Answer

Explanation →

Q35:

CUET Accountancy 2024 Slot 1

Accountancy

Easy

Q35:

Joint fields

Main fields

Table fields

Key fields

Correct Answer

Option 4

Correct Answer

Explanation →

Q36:

CUET Accountancy 2024 Slot 1

Accountancy

Medium

Q36:

Bank Account

Realisation Account

Partners' Capital Account

Partners' Loan Account

Correct Answer

Option 2

Correct Answer

Explanation →

Q37:

CUET Accountancy 2024 Slot 1

Accountancy

Medium

Q37:

(A), (B), (C), (D)

(A), (C), (B), (D)

(B), (A), (D), (C)

(C), (B), (D), (A)

Correct Answer

Option 4

Correct Answer

Explanation →

Q38:

CUET Accountancy 2024 Slot 1

Accountancy

Easy

Q38:

(C), (B), (A), (D), (E)

(B), (C), (A), (D), (E)

(C), (B), (A), (E), (D)

(B), (C), (A), (E), (D)

Correct Answer

Option 3

Correct Answer

Explanation →

Q39:

CUET Accountancy 2024 Slot 1

Accountancy

Medium

Q39:

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

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

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

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

Correct Answer

Option 2

Correct Answer

Explanation →

Q40:

CUET Accountancy 2024 Slot 1

Accountancy

Easy

Q40:

(E), (C), (D), (A), (B)

(E), (A), (D), (B), (C)

(E), (A), (B), (C), (D)

(A), (B), (C), (D), (E)

Correct Answer

Option 3

Correct Answer

Explanation →

Q41:

CUET Accountancy 2024 Slot 1

Accountancy

Easy

Q41:

8.18 times

8.23 : 1

8.18%

8.81 : 1

Correct Answer

Option 1

Correct Answer

Explanation →

Q42:

CUET Accountancy 2024 Slot 1

Accountancy

Easy

Q42:

30 days

60 days

45 days

15 days

Correct Answer

Option 3

Correct Answer

Explanation →

Q43:

CUET Accountancy 2024 Slot 1

Accountancy

Easy

Q43:

29.6 times

2.96 times

29.60%

2.69 : 1

Correct Answer

Option 2

Correct Answer

Explanation →

Q44:

CUET Accountancy 2024 Slot 1

Accountancy

Easy

Q44:

123 days

121 days

132 days

133 days

Correct Answer

Option 1

Correct Answer

Explanation →

Q45:

CUET Accountancy 2024 Slot 1

Accountancy

Easy

Q45:

Liquidity Ratio

Solvency Ratio

Activity Ratio

Profitability Ratio

Correct Answer

Option 3

Correct Answer

Explanation →

Q46:

CUET Accountancy 2024 Slot 1

Accountancy

Easy

Q46:

Dissolution by Agreement

On the happening of certain contingencies

Dissolution by Notice

Compulsory Dissolution

Correct Answer

Option 1

Correct Answer

Explanation →

Q47:

CUET Accountancy 2024 Slot 1

Accountancy

Medium

Q47:

(Cr.) ₹ 90,000

(Dr.) ₹ 90,000

(Cr.) ₹ 1,30,000

(Dr.) ₹ 1,30,000

Correct Answer

Option 2

Correct Answer

Explanation →

Q48:

CUET Accountancy 2024 Slot 1

Accountancy

Medium

Q48:

Loss ₹ 2,40,000

Gain ₹ 24,000

Loss ₹ 1,70,000

Loss ₹ 2,10,000

Correct Answer

Option 1

Correct Answer

Explanation →

Q49:

CUET Accountancy 2024 Slot 1

Accountancy

Easy

Q49:

Realisation A/c Dr.

To Cash A/c

Realisation A/c Dr.

To G's Capital A/c

G's Capital A/c Dr.

To Realisation A/c

Cash A/c Dr.

To Realisation A/c

Correct Answer

Option 2

Correct Answer

Explanation →

Q50:

CUET Accountancy 2024 Slot 1

Accountancy

Easy

Q50:

5 : 3 : 2

Equal Ratio

4 : 3 : 2

Ratio of closing capital claims

Correct Answer

Option 1

Correct Answer

Explanation →

CUET Accountancy 2024 Slot 1 slot-1 - Past Year Questions (Free PDF Download)

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