CUET Accountancy - Which entries are correct in accordance with the manner prescribed in the revised Schedule III to the Companies Act, 2013- (A) The shareholders' funds are sub-classified as Share Capital, Reserves and Surplus & Money received against Share Warrants. (B) Reserves and Surplus include Revaluation Reserve. (C) Both tangible and intangible assets are current assets. (D) Deferred tax assets/liabilities are always non-current. Choose the correct answer from the options given below: | PYQs + Solutions

CUET Accountancy 2025 14 May Shift 2

Financial Statements

Medium

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

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

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

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

✅ Correct Option: 2

Related questions:

2 June Shift 2

Goods costing Rs.80,000/- were sold at a profit of 20% on sales. the amount of gross profit on this sales is.

24 May Shift 1

Match List-I with List-II

List-I	List-II
Expenses incurred to earn the income	Explanation
(A). Purchase of Stock-in-trade	(I). Expenses towards interest charges during the year on the borrowings
(B). Employees benefit expenses	(II). Diminution in the value of fixed assets
(C). Finance cost	(III). Purchases of goods for the purpose of trading
(D). Depreciation	(IV). Expenses incurred on employees towards salary, wages, leave encashment, staff welfare, etc

Choose the correct answer from the options given below:

14 May Shift 1

Calculate credit revenue from operations using following information:

Total revenue from operations : Rs 4,00,000, Cash received from operations are 25% of Credit revenue from operations.

CUET Accountancy 2025 14 May Shift 2 PYQs