CUET Accountancy - Which of the following is not a feature of a company? | PYQs + Solutions

CUET Accountancy 2025 4 June Shift 2

Company Accounts

Easy

common

Separate legal entity

Common seal

Limited Liability

Unlimited Liability

✅ Correct Option: 4

Related questions:

4 June Shift 2

When journal entry for forfeiture of shares is recorded in the Company's Accounts Books, the Share Capital Account -

3 June Shift 2

What will be the journal entries when a call is due and the amount of the same is received?

27 May Shift 2

Identify the sequence of journal entries with regard to transfer of shares application money and allotment of shares:

(A) Share Allotment A/c Dr.

To Share Capital A/c

(B) Share Application A/c Dr.

To Share Capital A/c

To Share Allotment A/c

(D) Share Application A/c Dr.

To Bank A/c

Choose the correct answer from the options given below:

CUET Accountancy 2025 4 June Shift 2 PYQs