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CUET Accountancy 2026 PYQs24 May Shift 1. Free, no login required.

Company Accounts

past year questions, CUET Accountancy 2026 24 May Shift 1

Share Capital

past year questions, Company Accounts, CUET Accountancy 2026 24 May Shift 1

Easy

common

Match List-I with List-II

List-IList-II
(A) A company is formed according to the provisions of Law enforced from time to time.(I) Common Seal
(B) A company can hold and deal with any type of property.(II) Body Corporate
(C) The company continues to exist irrespective of the changes in its membership.(III) Separate Legal Entity
(D) The company cannot sign its name by itself.(IV) Perpetual Succession

Choose the correct answer from the options given below:

Solution

✅ Correct Option: 3

Incorporation under law makes a company a body corporate (II). Holding property in its own name reflects separate legal entity (III). Existence unaffected by change in members is perpetual succession (IV). Since a company cannot sign itself, it acts through its common seal (I).

Related questions:

2023: 20 June Shift 2

The process of receiving minimum subscription of 90% of the entire issue must be completed within ______ days from date of issue of prospectus

2025: 3 June Shift 1

Match List-I with List-II

List–IList–II
(A) Calls in Arrears(I) Shares are taken back by the company as shareholders failed to pay one or more installments, viz. allotment money and/or call money.
(B) Calls in Advance(II) This is a situation where the number of shares applied for is less than the number for which applications have been invited for subscription.
(C) Forfeiture of Shares(III) This is the amount which any shareholder fails to pay on allotment or on any of the calls.
(D) Under Subscription(IV) Table 'F' of the Companies Act provides for the payment of interest on this call at a rate not exceeding 12% per annum.

Choose the correct answer from the options given below:

2022: 23 Aug Shift 2

The portion of capital which the company does not issue to the public is known as :

2025: 22 May Shift 1

Which of the following will be credited for the excess amount received along with allotment money from the shareholders?

2026: 6 June Shift 1

A share of Rs. 100 issued at Rs. 110 on which Rs. 70 (including premium) has been received is forfeited. What is the amount per share that will be transferred to capital reserve if share is reissued at Rs. 70 fully paid-up?

2025: 3 June Shift 1

Match List-I with List-II

List-IList-II
(A) For the amount of calls received in advance(I) Calls in Advance A/c   Dr.
       To Particular Call A/c
(B) Interest on Calls in Advance is due(II) Sundry Shareholder's A/c   Dr.
       To Bank A/c
(C) The amount of 'Calls in Advance' is adjusted(III) Bank A/c   Dr.
       To Calls in Advance A/c
(D) Interest on Calls in Advance, For Interest Paid(IV) Interest on Calls in Advance A/c   Dr.
       To Sundry Shareholder's A/c

Choose the correct answer from the options given below:

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CUET Accountancy Past Year Questions (Topic-Wise)