CUET 2025 Accountancy Question Paper & Answer Key PDF Available: Exam Analysis & Memory Based Questions

May 30, Shift 2

Q: Ravi and Mohit are partners sharing profits in the ratio 4:1. They decide to share future profits equally. Calculate the gaining ratio.

Q: Sonal and Isha share profits equally. They admit Tina for 1/5th share with a guaranteed profit of ₹30,000. The firm earns ₹1,20,000. Calculate deficiency borne by Sonal.

Q: If the firm has General Reserve of ₹60,000 at the time of a new partner's admission, how is it distributed between the old partners Ravi and Sahil if they share profits 3:2?

Q: Net profit = ₹80,000, Normal Rate of Return = 10%, Capital Employed = ₹6,50,000. Calculate goodwill using capitalisation method.

Q: Arrange the following steps in correct order during admission:

(A) Revaluation of assets & liabilities

(B) Adjustment of reserves

(C) Calculation of sacrificing ratio

(D) Adjustment of capital

Q: A, B, and C shared profits 3:2:1. C died on August 1, 2023. Profit for the year is ₹1,20,000. How much share of profit is to be credited to C’s capital account (till August)?

Q: A company forfeited 300 shares of ₹10 each, ₹8 called up for non-payment of final call of ₹2. These were reissued at ₹9 as fully paid-up. Amount transferred to capital reserve?

Q: Revenue from Operations = ₹9,00,000; Debtors = ₹75,000. Calculate Trade Receivables Turnover Ratio.

May 22, Shift 2

Q: Aman and Rohit are partners sharing profits in 3:2. Interest on capital @ 10% was omitted. Their capitals were ₹60,000 and ₹40,000. Find the adjustment entry.

Q: According to the Indian Partnership Act, 1932, which section deals with registration of partnership firms?

Q: Goodwill is considered as:

(A) Tangible Asset (B) Fictitious Asset (C) Current Asset (D) Intangible Asset

Q: Match the column:

List-I: (A) Average Profit Method (B) Super Profit (C) Capitalisation of Super Profit (D) Capitalisation Method

List-II: (I) Capital Employed × Normal Rate of Return (II) Average Profit – Normal Profit (III) Super Profit × Number of Years' Purchase (IV) Super Profit / Normal Rate

Q: The minimum subscription must be received within how many days from the closure of the issue?

Q: When shares are issued at premium, the premium is shown under:

Q: The formula for Debt-Equity Ratio is:

Q: Which of the following is used to uniquely identify records in a table?

May 16

Q: The maximum number of partners in a partnership firm, as per the Companies Act, 2013 is:

Q: Which of the following is not a component of a Computerised Accounting System?

Q: The process of window dressing is done to:

Q: A machine originally bought for ₹1,00,000 is sold for ₹85,000 after depreciation of ₹20,000. What is the gain/loss?

May 15

Q: Aman and Bijoy are partners in a firm sharing profits in 3:2 ratio. They admitted Kabir for 3/10 share, which he acquired 2/10 from Aman and 1/10 from Bijoy. What is the new profit-sharing ratio?

Q: If a partner dies on July 1, profits till that date are shown in:

Q: On dissolution, assets worth ₹9,00,000 were realised at 80%. How much is realised?

Q: Premium on redemption of debentures is recorded by:

Q: A company can accept calls in advance only if:

Q: Window dressing refers to:

Q: A company acquired machinery worth ₹3,50,000 via cheque. In Cash Flow Statement, this is:

May 14

Q: P and Q are partners sharing profits in a 5:3 ratio. They allow interest on capital at 6% p.a. If P’s capital is ₹1,20,000, what is the interest credited to his capital account?

Q: R and S are partners in a 4:1 ratio. T is admitted and gets 1/5 share, equally from both. Find the new ratio.

Q: On the death of a partner, his capital account is credited with:

Q: If unrecorded assets are taken over by a partner, the entry will be:

Q: 600 shares of ₹10 each were issued at 20% premium. Final call of ₹3 not received on 100 shares. What is the forfeiture amount?

Q: Purchase of land using a cheque is classified as: (Cash Flow Statement question)

May 13

Q: Aman and Riya share profits in the ratio 5:3. They admitted Kunal for 1/4 share, which he took equally from both. Calculate the new ratio.

Q: A machinery worth ₹75,000 was undervalued by 10%. What will be its new value in the Balance Sheet?

Q: A firm earned ₹90,000 profit. Mohit is guaranteed ₹40,000 for his 1/4th share. How much deficiency will others bear in 3:1 ratio?

Case Study:

ABC & Co. had 3 partners: Alok, Bhavya, and Chirag, sharing profits in 4:3:3. The firm dissolved on 31 March 2024. Assets worth ₹9,00,000 were realized at 80%, creditors of ₹70,000 were paid, and an unrecorded liability of ₹20,000 was settled for ₹15,000. Realisation expenses ₹25,000 were borne by Alok.

Q: Find the amount realized from assets.
Q: What journal entry is made for realisation expenses paid by Alok?
Q: The unrecorded liability settled at lesser value causes:

Ratio & Partnership

Q: A firm has current assets ₹2,50,000 and current liabilities ₹1,00,000. Find current ratio.

Q: If a partner is given salary and commission, how are these shown in the accounts?

Mode of Examination

Computer Based Test Mode

Exam Duration

60 minutes

Types of Questions

Multiple-choice questions

Number of Questions

50 (all compulsory)

CUET Total Marks

250

Marking Scheme

+5 for every correct answer

-1 for every incorrect answer

0 for unanswered questions

• Partnership:
  • Gaining Ratio
  • Sacrificing Ratio
  • Admission (Distribute Profit/Loss, Reserve)
  • Change in Profit Sharing Ratio
• Fundamental
  • Sequence Based (More Weightage)
  • Match the Column
  • Interest on Drawings (Direct Question)
• Goodwill:
  • Average Profit, Normal Profit
  • Capitalisation Method
  • Sequence-Based Questions (How to calculate in a particular method)
• Retirement & Death:
  • Gaining Ratio
• Dissolution:
  • No Question
• Share Capital:
  • Theory-based questions
  • Numerical Questions
  • Match the Column (Consideration other than Cash)
• Debentures:
  • Purchase of Business
• Financial Statement Analysis:
  • Sequence Based (Balance Sheet Format, Current Asset, Current Liability)
• Accounting Ratio (3 questions)
• Cash Flow Statement (1 question):
  • Numerical Question (Investing Acitivity)
• No Case Study

• Partnership (Accounting, Reconstitution, & Dissolution) (10-15 questions)
  • Past Adjustment (Numerical)
  • Sections
  • Goodwill (Theory)
  • Formula-based Match the Column
• Accounting for Share and Debenture Capital (18-20 questions)
  • Detailed theory-based questions
• Analysis of Financial Statements (8-10 questions)
• Ratio Analysis (4-5 questions)
• Computerized Accounting System (8-10 questions)

• Direct Questions
• Theory-Based Questions
• Optional Question between Unit V and optional Unit V

• Act Based (1-2 questions)
• Case studies- Dissolution and Shares (2 questions)
• Match the following from Ratios (1 question)
• Computerised Accounting (2-3 questions) 
• Financial Statement
• Cash Flow Statement
• Final Accounts
• Accounting Ratio, Redressal, Reconstitution of Partnership (numerical-based questions)
• Adjustments in Profit & Loss
• Capital Gain/Loss

• Accounting for Partnership (2-3 questions)
  • Partnership Deed
• Admission of Partner (Case-Study) (5 questions)
• Reconstitution and Dissolution of Partnership (12-13 questions)
• Accounting for Share and Debenture Capital (10-11 questions)
  • Case-Study (Issue of Shares: Forfeiture and Reissue) (5 questions)
• Analysis of Financial Statement (2-3 questions)
• Ratio Analysis (2 questions)
• Computerized Accounting System (5 questions)
• Cash Flow Statement (1 question)

May 14

• Accounting for Partnership (3-4 questions)
• Reconstitution of Partnership (8 questions from change in profit sharing ratio and admission; 4 questions from retirement and death)
• Dissolution of Partnership (2-3 questions)
• Accounting for Share & Debenture Capital (7 questions were from Share Capital and 3 from Debentures)
• Analysis of Financial Statement (3-4 questions)
• Ratio Analysis (3-4 questions)
• Computerised Accounting System (2-3 questions)
• Cash Flow Statement (3-4 questions)

May 13

• Numerical-based questions (30 questions) (Time-consuming)
• Theory-based questions (20 questions)
• Case-Study based questions (10 questions)
  • Ratio
  • Partnership
  • Assertion-based (7-8 questions)
• Assertion Reasoning (4-5 questions) (more than previous year)

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