CUET Accountancy Company Accounts > Debentures PYQs

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CUET Accountancy

Q1:

CUET Accountancy 4 June Shift 2

Company Accounts

Easy

Common

Q1:

Registered debentures

First debentures

Bearer debentures

Unsecured Debentures

Correct Answer

Option 3

Correct Answer

Explanation →

Q2:

CUET Accountancy 4 June Shift 2

Company Accounts

Easy

Common

Q2:

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

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

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

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

Correct Answer

Option 2

Correct Answer

Explanation →

Q3:

CUET Accountancy 4 June Shift 2

Company Accounts

Medium

Common

Q3:

(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 →

Q4:

CUET Accountancy 3 June Shift 2

Company Accounts

Medium

Common

Q4:

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

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

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

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

Correct Answer

Option 2

Correct Answer

Explanation →

Q5:

CUET Accountancy 3 June Shift 2

Company Accounts

Medium

Common

Q5:

Zero Coupon Debenture

Secured Debentures

Redeemable Debentures

Non-convertible Debentures

Correct Answer

Option 1

Correct Answer

Explanation →

Q6:

CUET Accountancy 3 June Shift 2

Company Accounts

Easy

Common

Q6:

Other current assets

Short term loans and advances.

Long term loans and advances

Other current liabilities.

Correct Answer

Option 1

Correct Answer

Explanation →

Q7:

CUET Accountancy 3 June Shift 1

Company Accounts

Medium

Common

Q7:

(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 →

Q8:

CUET Accountancy 3 June Shift 1

Company Accounts

Easy

Common

Q8:

Long term borrowings

Short term loans and advances.

Long term loans and advances

Other current liabilities.

Correct Answer

Option 1

Correct Answer

Explanation →

Q9:

CUET Accountancy 3 June Shift 1

Company Accounts

Easy

Common

Q9:

Specific Coupon Rate Debentures

Secured Debentures

Bearer Debentures

Redeemable Debentures

Correct Answer

Option 3

Correct Answer

Explanation →

Q10:

CUET Accountancy 3 June Shift 1

Company Accounts

Easy

Common

Q10:

Statement of profit and loss

Debentures applications and allotment account

Loss on issue of debentures account

Statement of cash flow

Correct Answer

Option 3

Correct Answer

Explanation →

Q11:

CUET Accountancy 2 June Shift 2

Company Accounts

Medium

Common

Q11:

Rs. 20,000

Rs. 15,000

Rs. 19,000

Rs. 12,000

Correct Answer

Option 1

Correct Answer

Explanation →

Q12:

CUET Accountancy 2 June Shift 2

Company Accounts

Medium

Common

Q12:

Deduction from debenture.

A commitment.

Trade payables.

Debenture redemption reserve.

Correct Answer

Option 1

Correct Answer

Explanation →

Q13:

CUET Accountancy 2 June Shift 2

Company Accounts

Medium

Common

Q13:

Amount of Discount on issue of Debentures cannot be debited into Loss on issue of Debentures Account.

Amount of Discount on issue of Debentures can be debited into Loss on issue of Debentures Account.

Amount of Premium on Redemption of Debentures can be debited into Discount on issue of Debentures Account.

Amount of Discount on issue of Debentures can be debited into Premium on Redemption of Debentures Account.

Correct Answer

Option 2

Correct Answer

Explanation →

Q14:

CUET Accountancy 2 June Shift 2

Company Accounts

Medium

Common

Q14:

Other current assets

Short term loans and advances.

Long term loans and advances

Other current liabilities.

Correct Answer

Option 1

Correct Answer

Explanation →

Q15:

CUET Accountancy 31 May Shift 1

Company Accounts

Medium

Common

Q15:

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

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

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

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

Correct Answer

Option 3

Correct Answer

Explanation →

Q16:

CUET Accountancy 31 May Shift 1

Company Accounts

Medium

Common

Q16:

(A) and (D) only

(B) and (C) only

(B) and (D) only

Correct Answer

Option 4

Correct Answer

Explanation →

Q17:

CUET Accountancy 31 May Shift 1

Company Accounts

Easy

Common

Q17:

Registered debentures

First debentures

Bearer debentures

Unsecured Debentures

Correct Answer

Option 3

Correct Answer

Explanation →

Q18:

CUET Accountancy 30 May Shift 2

Company Accounts

Medium

Common

Q18:

Rs. 1,22,000

Rs. 50,000

Rs. 72,000

No interest will be paid.

Correct Answer

Option 3

Correct Answer

Explanation →

Q19:

CUET Accountancy 30 May Shift 2

Company Accounts

Easy

Common

Q19:

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

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

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

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

Correct Answer

Option 2

Correct Answer

Explanation →

Q20:

CUET Accountancy 30 May Shift 2

Company Accounts

Easy

Common

Q20:

Non-Convertible Debentures

Unsecured Debentures

Registered Debentures

Irredeemable Debentures

Correct Answer

Option 4

Correct Answer

Explanation →

Q21:

CUET Accountancy 30 May Shift 1

Company Accounts

Easy

Common

Q21:

3,200 debentures

1,900 Debentures

1,800 Debentures

2,200 debentures

Correct Answer

Option 4

Correct Answer

Explanation →

Q22:

CUET Accountancy 30 May Shift 1

Company Accounts

Medium

Common

Q22:

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

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

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

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

Correct Answer

Option 2

Correct Answer

Explanation →

Q23:

CUET Accountancy 30 May Shift 1

Company Accounts

Easy

Common

Q23:

Non-Convertible Debentures

Unsecured Debentures

Registered Debentures

Irredeemable Debentures

Correct Answer

Option 4

Correct Answer

Explanation →

Q24:

CUET Accountancy 30 May Shift 1

Company Accounts

Easy

Common

Q24:

(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 →

Q25:

CUET Accountancy 29 May Shift 2

Company Accounts

Easy

Common

Q25:

Non-Convertible Debenture

Un-Secured Debentures

Non-Transferable Debentures

Irredeemable Debentures

Correct Answer

Option 3

Correct Answer

Explanation →

Q26:

CUET Accountancy 27 May Shift 2

Company Accounts

Medium

Common

Q26:

Rs.20,000.

Rs.15,000.

Rs.19,000.

Rs.12,000.

Correct Answer

Option 1

Correct Answer

Explanation →

Q27:

CUET Accountancy 27 May Shift 1

Company Accounts

Easy

Common

Q27:

Issue of Debenture at Par

Issue of Debenture at capital

Issue of Debentures at premium

Issue of Debentures at discount

Correct Answer

Option 2

Correct Answer

Explanation →

Q28:

CUET Accountancy 27 May Shift 1

Company Accounts

Medium

Common

Q28:

(B) and (D) only

(A) and (D) only

(A) and (B) only

Correct Answer

Option 1

Correct Answer

Explanation →

Q29:

CUET Accountancy 27 May Shift 1

Company Accounts

Medium

Common

Q29:

Rs. 4,00,000

Rs. 5,60,000

Rs. 4,40,000

Rs. 6,00,000

Correct Answer

Option 2

Correct Answer

Explanation →

Q30:

CUET Accountancy 27 May Shift 1

Company Accounts

Easy

Common

Q30:

2(3)

3(2)

30(2)

2(30)

Correct Answer

Option 4

Correct Answer

Explanation →

Q31:

CUET Accountancy 26 May Shift 2

Company Accounts

Easy

Common

Q31:

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

(A) - (II), (B) - (III), (C) - (IV), (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 →

Q32:

CUET Accountancy 26 May Shift 2

Company Accounts

Easy

Common

Q32:

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

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

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

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

Correct Answer

Option 1

Correct Answer

Explanation →

Q33:

CUET Accountancy 26 May Shift 2

Company Accounts

Easy

Common

Q33:

1,000

3,000

2,000

1,500

Correct Answer

Option 2

Correct Answer

Explanation →

Q34:

CUET Accountancy 26 May Shift 2

Company Accounts

Easy

Common

Q34:

Statement of profit and loss.

Debentures applications and allotment account.

Loss on issue of debentures account

Debenture Redemption Reserve

Correct Answer

Option 3

Correct Answer

Explanation →

Q35:

CUET Accountancy 26 May Shift 2

Company Accounts

Easy

Common

Q35:

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

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

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

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

Correct Answer

Option 3

Correct Answer

Explanation →

Q36:

CUET Accountancy 24 May Shift 1

Company Accounts

Easy

Common

Q36:

2,00,000

1,00,000

1,20,000

2,20,000

Correct Answer

Option 1

Correct Answer

Explanation →

Q37:

CUET Accountancy 24 May Shift 1

Company Accounts

Medium

Common

Q37:

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

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

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

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

Correct Answer

Option 1

Correct Answer

Explanation →

Q38:

CUET Accountancy 24 May Shift 1

Company Accounts

Easy

Common

Q38:

(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 1

Correct Answer

Explanation →

Q39:

CUET Accountancy 24 May Shift 1

Company Accounts

Easy

Common

Q39:

First debenture

Registered debenture

Bearer debenture

Mortgage debenture

Correct Answer

Option 3

Correct Answer

Explanation →

Q40:

CUET Accountancy 22 May Shift 2

Company Accounts

Easy

Common

Q40:

Perpetual Debentures

Redeemable Debentures

Zero coupon rate debentures

Specific coupon rate debentures

Correct Answer

Option 2

Correct Answer

Explanation →

Q41:

CUET Accountancy 22 May Shift 2

Company Accounts

Medium

Common

Q41:

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

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

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

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

Correct Answer

Option 3

Correct Answer

Explanation →

Q42:

CUET Accountancy 22 May Shift 2

Company Accounts

Easy

Common

Q42:

(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 →

Q43:

CUET Accountancy 16 May Shift 1

Company Accounts

Easy

Q43:

(A) and (C) only

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

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

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

Correct Answer

Option 1

Correct Answer

Explanation →

Q44:

CUET Accountancy 15 May Shift 2

Company Accounts

Medium

Q44:

They are not to be immediately converted

They are to be immediately converted

Shareholder opts for redemption in cash

Not recited approval from SEBI

Correct Answer

Option 2

Correct Answer

Explanation →

Q45:

CUET Accountancy 15 May Shift 2

Company Accounts

Medium

Q45:

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

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

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

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

Correct Answer

Option 3

Correct Answer

Explanation →

Q46:

CUET Accountancy 15 May Shift 2

Company Accounts

Medium

Q46:

Shareholder A/c Dr.

To Discount on issue of Debentures A/c

Capital reserve A/c Dr.

To Discount on issue of Debentures A/c

Securities Premium Reserve A/c./Statement of Profit and Loss Dr.

To Discount on Issue of Debentures A/c.

Share forfeiture A/c Dr.

To Discount on issue of Debentures A/c

Correct Answer

Option 3

Correct Answer

Explanation →

Q47:

CUET Accountancy 15 May Shift 1

Company Accounts

Easy

Q47:

1100 debentures

1200 debentures

1225 debentures

1960 debentures

Correct Answer

Option 3

Correct Answer

Explanation →

Q48:

CUET Accountancy 15 May Shift 1

Company Accounts

Easy

Q48:

Rs.5,000

Rs.10,000

Rs.15,000

Rs.20,000

Correct Answer

Option 2

Correct Answer

Explanation →

Q49:

CUET Accountancy 15 May Shift 1

Company Accounts

Medium

Q49:

10%

15%

20%

Correct Answer

Option 1

Correct Answer

Explanation →

Q50:

CUET Accountancy 15 May Shift 1

Company Accounts

Medium

Q50:

15%

20%

10%

Correct Answer

Option 4

Correct Answer

Explanation →

Q51:

CUET Accountancy 14 May Shift 2

Company Accounts

Easy

Q51:

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

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

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

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

Correct Answer

Option 3

Correct Answer

Explanation →

Q52:

CUET Accountancy 14 May Shift 2

Company Accounts

Medium

Q52:

Issued at par and redeemable at par

Issued at a premium and redeemable at par

Issued at par and redeemable at a premium

Issued at a discount and redeemable at a discount

Correct Answer

Option 4

Correct Answer

Explanation →

Q53:

CUET Accountancy 14 May Shift 2

Company Accounts

Medium

Q53:

Goodwill Rs 35,000

Capital reserve Rs 35,000

Goodwill Rs 25,000

Capital reserve Rs 25,000

Correct Answer

Option 1

Correct Answer

Explanation →

Q54:

CUET Accountancy 14 May Shift 2

Company Accounts

Medium

Q54:

3,000

3,150

3,300

3,500

Correct Answer

Option 2

Correct Answer

Explanation →

Q55:

CUET Accountancy 14 May Shift 2

Company Accounts

Medium

Q55:

Debited by Rs 3,00,000

Debited by Rs 3,15,000

Credited by Rs 3,00,000

Credited by Rs 3,15,000

Correct Answer

Option 2,4

Correct Answer

Explanation →

Q56:

CUET Accountancy 14 May Shift 2

Company Accounts

Easy

Q56:

2,500

2,800

3,000

3,150

Correct Answer

Option 3

Correct Answer

Explanation →

Q57:

CUET Accountancy 14 May Shift 1

Company Accounts

Medium

Q57:

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

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

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

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

Correct Answer

Option 4

Correct Answer

Explanation →

Q58:

CUET Accountancy 14 May Shift 1

Company Accounts

Easy

Q58:

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

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

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

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

Correct Answer

Option 1

Correct Answer

Explanation →

Q59:

CUET Accountancy 13 May Shift 2

Company Accounts

Easy

Q59:

Statement of profit and loss

Debentures applications and allotment account

Loss on issue of debentures account

Capital Account

Correct Answer

Option 3

Correct Answer

Explanation →

Q60:

CUET Accountancy 13 May Shift 2

Company Accounts

Easy

Q60:

15%

10%

Correct Answer

Option 3

Correct Answer

Explanation →

Q61:

CUET Accountancy 13 May Shift 2

Company Accounts

Medium

Q61:

Convertible Debentures

Perpetual Debentures

Zero Coupon Rate Debentures

Specific Coupon Rate Debentures

Correct Answer

Option 3

Correct Answer

Explanation →

Q62:

CUET Accountancy 13 May Shift 2

Company Accounts

Easy

Q62:

Rs. 15000

Rs. 10,000

Rs. 25,000

Rs. 30,000

Correct Answer

Option 1

Correct Answer

Explanation →

Q63:

CUET Accountancy 13 May Shift 1

Company Accounts

Easy

Q63:

Debts

Reserves

Non-performing assets

Correct Answer

Option 3

Correct Answer

Explanation →

Q64:

CUET Accountancy 13 May Shift 1

Company Accounts

Medium

Q64:

(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 →

Q65:

CUET Accountancy 13 May Shift 1

Company Accounts

Easy

Q65:

Redeemable

Unsecured

Specific coupon rate

Zero coupon rate

Correct Answer

Option 2

Correct Answer

Explanation →

Q66:

CUET Accountancy 13 May Shift 1

Company Accounts

Easy

Q66:

30,000

28,800

32,000

28,000

Correct Answer

Option 1

Correct Answer

Explanation →

Q67:

CUET Accountancy 2024 Slot 1

Company Accounts

Medium

Q67:

(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 →

Q68:

CUET Accountancy 2024 Slot 1

Company Accounts

Medium

Q68:

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

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

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

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

Correct Answer

Option 4

Correct Answer

Explanation →

CUET Accountancy Company Accounts > Debentures PYQs

Filter & Analyse PYQs (Topic-Wise) →

No login required. No pop-ups. We have all previous-year questions with solutions for free!

CUET Accountancy

Q1:

CUET Accountancy 4 June Shift 2

Company Accounts

Easy

Common

Q1:

Registered debentures

First debentures

Bearer debentures

Unsecured Debentures

Correct Answer

Option 3

Correct Answer

Explanation →

Q2:

CUET Accountancy 4 June Shift 2

Company Accounts

Easy

Common

Q2:

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

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

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

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

Correct Answer

Option 2

Correct Answer

Explanation →

Q3:

CUET Accountancy 4 June Shift 2

Company Accounts

Medium

Common

Q3:

(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 →

Q4:

CUET Accountancy 3 June Shift 2

Company Accounts

Medium

Common

Q4:

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

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

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

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

Correct Answer

Option 2

Correct Answer

Explanation →

Q5:

CUET Accountancy 3 June Shift 2

Company Accounts

Medium

Common

Q5:

Zero Coupon Debenture

Secured Debentures

Redeemable Debentures

Non-convertible Debentures

Correct Answer

Option 1

Correct Answer

Explanation →

Q6:

CUET Accountancy 3 June Shift 2

Company Accounts

Easy

Common

Q6:

Other current assets

Short term loans and advances.

Long term loans and advances

Other current liabilities.

Correct Answer

Option 1

Correct Answer

Explanation →

Q7:

CUET Accountancy 3 June Shift 1

Company Accounts

Medium

Common

Q7:

(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 →

Q8:

CUET Accountancy 3 June Shift 1

Company Accounts

Easy

Common

Q8:

Long term borrowings

Short term loans and advances.

Long term loans and advances

Other current liabilities.

Correct Answer

Option 1

Correct Answer

Explanation →

Q9:

CUET Accountancy 3 June Shift 1

Company Accounts

Easy

Common

Q9:

Specific Coupon Rate Debentures

Secured Debentures

Bearer Debentures

Redeemable Debentures

Correct Answer

Option 3

Correct Answer

Explanation →

Q10:

CUET Accountancy 3 June Shift 1

Company Accounts

Easy

Common

Q10:

Statement of profit and loss

Debentures applications and allotment account

Loss on issue of debentures account

Statement of cash flow

Correct Answer

Option 3

Correct Answer

Explanation →

Q11:

CUET Accountancy 2 June Shift 2

Company Accounts

Medium

Common

Q11:

Rs. 20,000

Rs. 15,000

Rs. 19,000

Rs. 12,000

Correct Answer

Option 1

Correct Answer

Explanation →

Q12:

CUET Accountancy 2 June Shift 2

Company Accounts

Medium

Common

Q12:

Deduction from debenture.

A commitment.

Trade payables.

Debenture redemption reserve.

Correct Answer

Option 1

Correct Answer

Explanation →

Q13:

CUET Accountancy 2 June Shift 2

Company Accounts

Medium

Common

Q13:

Amount of Discount on issue of Debentures cannot be debited into Loss on issue of Debentures Account.

Amount of Discount on issue of Debentures can be debited into Loss on issue of Debentures Account.

Amount of Premium on Redemption of Debentures can be debited into Discount on issue of Debentures Account.

Amount of Discount on issue of Debentures can be debited into Premium on Redemption of Debentures Account.

Correct Answer

Option 2

Correct Answer

Explanation →

Q14:

CUET Accountancy 2 June Shift 2

Company Accounts

Medium

Common

Q14:

Other current assets

Short term loans and advances.

Long term loans and advances

Other current liabilities.

Correct Answer

Option 1

Correct Answer

Explanation →

Q15:

CUET Accountancy 31 May Shift 1

Company Accounts

Medium

Common

Q15:

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

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

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

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

Correct Answer

Option 3

Correct Answer

Explanation →

Q16:

CUET Accountancy 31 May Shift 1

Company Accounts

Medium

Common

Q16:

(A) and (D) only

(B) and (C) only

(B) and (D) only

Correct Answer

Option 4

Correct Answer

Explanation →

Q17:

CUET Accountancy 31 May Shift 1

Company Accounts

Easy

Common

Q17:

Registered debentures

First debentures

Bearer debentures

Unsecured Debentures

Correct Answer

Option 3

Correct Answer

Explanation →

Q18:

CUET Accountancy 30 May Shift 2

Company Accounts

Medium

Common

Q18:

Rs. 1,22,000

Rs. 50,000

Rs. 72,000

No interest will be paid.

Correct Answer

Option 3

Correct Answer

Explanation →

Q19:

CUET Accountancy 30 May Shift 2

Company Accounts

Easy

Common

Q19:

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

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

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

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

Correct Answer

Option 2

Correct Answer

Explanation →

Q20:

CUET Accountancy 30 May Shift 2

Company Accounts

Easy

Common

Q20:

Non-Convertible Debentures

Unsecured Debentures

Registered Debentures

Irredeemable Debentures

Correct Answer

Option 4

Correct Answer

Explanation →

Q21:

CUET Accountancy 30 May Shift 1

Company Accounts

Easy

Common

Q21:

3,200 debentures

1,900 Debentures

1,800 Debentures

2,200 debentures

Correct Answer

Option 4

Correct Answer

Explanation →

Q22:

CUET Accountancy 30 May Shift 1

Company Accounts

Medium

Common

Q22:

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

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

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

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

Correct Answer

Option 2

Correct Answer

Explanation →

Q23:

CUET Accountancy 30 May Shift 1

Company Accounts

Easy

Common

Q23:

Non-Convertible Debentures

Unsecured Debentures

Registered Debentures

Irredeemable Debentures

Correct Answer

Option 4

Correct Answer

Explanation →

Q24:

CUET Accountancy 30 May Shift 1

Company Accounts

Easy

Common

Q24:

(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 →

Q25:

CUET Accountancy 29 May Shift 2

Company Accounts

Easy

Common

Q25:

Non-Convertible Debenture

Un-Secured Debentures

Non-Transferable Debentures

Irredeemable Debentures

Correct Answer

Option 3

Correct Answer

Explanation →

Q26:

CUET Accountancy 27 May Shift 2

Company Accounts

Medium

Common

Q26:

Rs.20,000.

Rs.15,000.

Rs.19,000.

Rs.12,000.

Correct Answer

Option 1

Correct Answer

Explanation →

Q27:

CUET Accountancy 27 May Shift 1

Company Accounts

Easy

Common

Q27:

Issue of Debenture at Par

Issue of Debenture at capital

Issue of Debentures at premium

Issue of Debentures at discount

Correct Answer

Option 2

Correct Answer

Explanation →

Q28:

CUET Accountancy 27 May Shift 1

Company Accounts

Medium

Common

Q28:

(B) and (D) only

(A) and (D) only

(A) and (B) only

Correct Answer

Option 1

Correct Answer

Explanation →

Q29:

CUET Accountancy 27 May Shift 1

Company Accounts

Medium

Common

Q29:

Rs. 4,00,000

Rs. 5,60,000

Rs. 4,40,000

Rs. 6,00,000

Correct Answer

Option 2

Correct Answer

Explanation →

Q30:

CUET Accountancy 27 May Shift 1

Company Accounts

Easy

Common

Q30:

2(3)

3(2)

30(2)

2(30)

Correct Answer

Option 4

Correct Answer

Explanation →

Q31:

CUET Accountancy 26 May Shift 2

Company Accounts

Easy

Common

Q31:

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

(A) - (II), (B) - (III), (C) - (IV), (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 →

Q32:

CUET Accountancy 26 May Shift 2

Company Accounts

Easy

Common

Q32:

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

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

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

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

Correct Answer

Option 1

Correct Answer

Explanation →

Q33:

CUET Accountancy 26 May Shift 2

Company Accounts

Easy

Common

Q33:

1,000

3,000

2,000

1,500

Correct Answer

Option 2

Correct Answer

Explanation →

Q34:

CUET Accountancy 26 May Shift 2

Company Accounts

Easy

Common

Q34:

Statement of profit and loss.

Debentures applications and allotment account.

Loss on issue of debentures account

Debenture Redemption Reserve

Correct Answer

Option 3

Correct Answer

Explanation →

Q35:

CUET Accountancy 26 May Shift 2

Company Accounts

Easy

Common

Q35:

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

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

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

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

Correct Answer

Option 3

Correct Answer

Explanation →

Q36:

CUET Accountancy 24 May Shift 1

Company Accounts

Easy

Common

Q36:

2,00,000

1,00,000

1,20,000

2,20,000

Correct Answer

Option 1

Correct Answer

Explanation →

Q37:

CUET Accountancy 24 May Shift 1

Company Accounts

Medium

Common

Q37:

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

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

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

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

Correct Answer

Option 1

Correct Answer

Explanation →

Q38:

CUET Accountancy 24 May Shift 1

Company Accounts

Easy

Common

Q38:

(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 1

Correct Answer

Explanation →

Q39:

CUET Accountancy 24 May Shift 1

Company Accounts

Easy

Common

Q39:

First debenture

Registered debenture

Bearer debenture

Mortgage debenture

Correct Answer

Option 3

Correct Answer

Explanation →

Q40:

CUET Accountancy 22 May Shift 2

Company Accounts

Easy

Common

Q40:

Perpetual Debentures

Redeemable Debentures

Zero coupon rate debentures

Specific coupon rate debentures

Correct Answer

Option 2

Correct Answer

Explanation →

Q41:

CUET Accountancy 22 May Shift 2

Company Accounts

Medium

Common

Q41:

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

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

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

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

Correct Answer

Option 3

Correct Answer

Explanation →

Q42:

CUET Accountancy 22 May Shift 2

Company Accounts

Easy

Common

Q42:

(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 →

Q43:

CUET Accountancy 16 May Shift 1

Company Accounts

Easy

Q43:

(A) and (C) only

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

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

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

Correct Answer

Option 1

Correct Answer

Explanation →

Q44:

CUET Accountancy 15 May Shift 2

Company Accounts

Medium

Q44:

They are not to be immediately converted

They are to be immediately converted

Shareholder opts for redemption in cash

Not recited approval from SEBI

Correct Answer

Option 2

Correct Answer

Explanation →

Q45:

CUET Accountancy 15 May Shift 2

Company Accounts

Medium

Q45:

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

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

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

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

Correct Answer

Option 3

Correct Answer

Explanation →

Q46:

CUET Accountancy 15 May Shift 2

Company Accounts

Medium

Q46:

Shareholder A/c Dr.

To Discount on issue of Debentures A/c

Capital reserve A/c Dr.

To Discount on issue of Debentures A/c

Securities Premium Reserve A/c./Statement of Profit and Loss Dr.

To Discount on Issue of Debentures A/c.

Share forfeiture A/c Dr.

To Discount on issue of Debentures A/c

Correct Answer

Option 3

Correct Answer

Explanation →

Q47:

CUET Accountancy 15 May Shift 1

Company Accounts

Easy

Q47:

1100 debentures

1200 debentures

1225 debentures

1960 debentures

Correct Answer

Option 3

Correct Answer

Explanation →

Q48:

CUET Accountancy 15 May Shift 1

Company Accounts

Easy

Q48:

Rs.5,000

Rs.10,000

Rs.15,000

Rs.20,000

Correct Answer

Option 2

Correct Answer

Explanation →

Q49:

CUET Accountancy 15 May Shift 1

Company Accounts

Medium

Q49:

10%

15%

20%

Correct Answer

Option 1

Correct Answer

Explanation →

Q50:

CUET Accountancy 15 May Shift 1

Company Accounts

Medium

Q50:

15%

20%

10%

Correct Answer

Option 4

Correct Answer

Explanation →

Q51:

CUET Accountancy 14 May Shift 2

Company Accounts

Easy

Q51:

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

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

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

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

Correct Answer

Option 3

Correct Answer

Explanation →

Q52:

CUET Accountancy 14 May Shift 2

Company Accounts

Medium

Q52:

Issued at par and redeemable at par

Issued at a premium and redeemable at par

Issued at par and redeemable at a premium

Issued at a discount and redeemable at a discount

Correct Answer

Option 4

Correct Answer

Explanation →

Q53:

CUET Accountancy 14 May Shift 2

Company Accounts

Medium

Q53:

Goodwill Rs 35,000

Capital reserve Rs 35,000

Goodwill Rs 25,000

Capital reserve Rs 25,000

Correct Answer

Option 1

Correct Answer

Explanation →

Q54:

CUET Accountancy 14 May Shift 2

Company Accounts

Medium

Q54:

3,000

3,150

3,300

3,500

Correct Answer

Option 2

Correct Answer

Explanation →

Q55:

CUET Accountancy 14 May Shift 2

Company Accounts

Medium

Q55:

Debited by Rs 3,00,000

Debited by Rs 3,15,000

Credited by Rs 3,00,000

Credited by Rs 3,15,000

Correct Answer

Option 2,4

Correct Answer

Explanation →

Q56:

CUET Accountancy 14 May Shift 2

Company Accounts

Easy

Q56:

2,500

2,800

3,000

3,150

Correct Answer

Option 3

Correct Answer

Explanation →

Q57:

CUET Accountancy 14 May Shift 1

Company Accounts

Medium

Q57:

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

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

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

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

Correct Answer

Option 4

Correct Answer

Explanation →

Q58:

CUET Accountancy 14 May Shift 1

Company Accounts

Easy

Q58:

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

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

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

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

Correct Answer

Option 1

Correct Answer

Explanation →

Q59:

CUET Accountancy 13 May Shift 2

Company Accounts

Easy

Q59:

Statement of profit and loss

Debentures applications and allotment account

Loss on issue of debentures account

Capital Account

Correct Answer

Option 3

Correct Answer

Explanation →

Q60:

CUET Accountancy 13 May Shift 2

Company Accounts

Easy

Q60:

15%

10%

Correct Answer

Option 3

Correct Answer

Explanation →

Q61:

CUET Accountancy 13 May Shift 2

Company Accounts

Medium

Q61:

Convertible Debentures

Perpetual Debentures

Zero Coupon Rate Debentures

Specific Coupon Rate Debentures

Correct Answer

Option 3

Correct Answer

Explanation →

Q62:

CUET Accountancy 13 May Shift 2

Company Accounts

Easy

Q62:

Rs. 15000

Rs. 10,000

Rs. 25,000

Rs. 30,000

Correct Answer

Option 1

Correct Answer

Explanation →

Q63:

CUET Accountancy 13 May Shift 1

Company Accounts

Easy

Q63:

Debts

Reserves

Non-performing assets

Correct Answer

Option 3

Correct Answer

Explanation →

Q64:

CUET Accountancy 13 May Shift 1

Company Accounts

Medium

Q64:

(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 →

Q65:

CUET Accountancy 13 May Shift 1

Company Accounts

Easy

Q65:

Redeemable

Unsecured

Specific coupon rate

Zero coupon rate

Correct Answer

Option 2

Correct Answer

Explanation →

Q66:

CUET Accountancy 13 May Shift 1

Company Accounts

Easy

Q66:

30,000

28,800

32,000

28,000

Correct Answer

Option 1

Correct Answer

Explanation →

Q67:

CUET Accountancy 2024 Slot 1

Company Accounts

Medium

Q67:

(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 →

Q68:

CUET Accountancy 2024 Slot 1

Company Accounts

Medium

Q68:

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

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

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

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

Correct Answer

Option 4

Correct Answer

Explanation →