CUET-UG SERIES Accountancy
Balance Sheet Statement
16 previous year questions.
Volume: 16 Ques
Yield: Medium
High-Yield Trend
2
2025 2
2024 9
2023 3
2022 Chapter Questions 16 MCQs
01
PYQ 2022
medium
accountancy ID: cuet-ug-
If a partner retires in the middle of the year his/her share of profit from the date of last balance sheet till the date of retirement will be transferred to :
1
Profit & Loss A/C credit side
2
Profit & Loss suspense A/C debit side
3
Retiring partners capital A/C debit side
4
Profit & Loss suspense A/C credit side
02
PYQ 2022
medium
accountancy ID: cuet-ug-
What is the correct sequence of types of capital in company's Balance sheet while preparing notes to accounts.
A. Issued Capital
B. Subscribed and fully paid up capital
C. Share forfeited Balance
D. Authorised Capital
E. Subscribed but not fully paid up capital
Choose the correct answer from the options given below:
A. Issued Capital
B. Subscribed and fully paid up capital
C. Share forfeited Balance
D. Authorised Capital
E. Subscribed but not fully paid up capital
Choose the correct answer from the options given below:
1
C. B, D, E, A
2
D, A, B, E, C
3
A, B, C, D, E
4
B. A, D, E, C
03
PYQ 2022
medium
accountancy ID: cuet-ug-
While preparing common-size Balance sheet, each item of Balance sheet is expressed as % of
1
Non-current assets
2
Current assets
3
Non-current liabilities
4
Total assets or total liability
04
PYQ 2023
medium
accountancy ID: cuet-ug-
At the time of admission of a new partner, general reserve appearing in the old Balance Sheet is transferred to:
1
old partners in old Profit Sharing Ratio
2
old partners in new Profit Sharing Ratio
3
old partners in new Profit Sharing Ratio
4
all partners in the new Profit Sharing Ratio
05
PYQ 2023
medium
accountancy ID: cuet-ug-
Match LIST I with LIST II
Choose the correct answer from the options given below
LIST I | LIST II | ||
| A | Gain on sale of sports material | I | Liability side of Balance Sheet |
| B | Donation for Library | II | Income side of Income and Expenditure A/c |
| C | Grass seeds purchased | III | Assets side of Balance Sheet |
| D | Accrued Subscription | IV | Expenditure side of Income and Expenditure A/c |
1
(A)-(II), (B)-(I), (C)-(IV), (D)-(III)
2
(A)-(I), (B)-(II), (C)-(III), (D)-(IV)
3
(A)-(II), (B)-(III), (C)-(I), (D)-(IV)
4
(A)-(I), (B)-(II),(C)-(IV), (D)-(III)
06
PYQ 2023
medium
accountancy ID: cuet-ug-
Under which Sub head we show the Security Premium in Balance Sheet ?
1
Reserve and Surplus
2
Share Capital
3
Equity Share Capital
4
Shares and Liabilities
07
PYQ 2023
medium
accountancy ID: cuet-ug-
Aradya Ltd. had debt equity ratio of 2.5 : 1. State which of the following transaction will not affect the Debt Equity Ratio :
1
Purchase of Rs 12,00,000 machinery by taking bank loan of Rs 12,00,000
2
Rs 2,00,000 paid to creditors
3
Conversion of Rs 1,00,000 debentures into Equity shares of Rs 100 each
4
Sale of furniture (book value of Rs 5,00,000) for Rs 5,50,000
08
PYQ 2023
medium
accountancy ID: cuet-ug-
At the time of admission of a new partner, general reserve appearing in the old Balance Sheet is transformed to :-
1
All partner's Capital accounts
2
New partner's Capital account
3
Old partner's Capital accounts
4
Sacrificing Partner's Capital accounts
09
PYQ 2023
medium
accountancy ID: cuet-ug-
Book value of stock . However the stock is found overvalued by The amount will be:
1
Debited to Revaluation A/c
2
Credited to Revaluation A/c
3
Debited to Partner's capital A/c
4
Credited to Partner's capital A/c
10
PYQ 2023
medium
accountancy ID: cuet-ug-
Balance sheet provides information about financial position of the enterprise:
1
At a point of time
2
Over a period of time
3
For a period of time
4
For a period of quarter
11
PYQ 2023
medium
accountancy ID: cuet-ug-
Balance of Share Forfeiture account is shown in the Balance Sheet under the item:-
1
Current Liabilities and Provisions
2
Reserve and Surplus
3
Share Capital
4
Unsecured Loans
12
PYQ 2023
medium
accountancy ID: cuet-ug-
An annual report is furnished by a company to its :
1
Directors
2
Auditors
3
Shareholders
4
Management
13
PYQ 2024
medium
accountancy ID: cuet-ug-
Pari, Param, and Prizleen are partners sharing profits and losses in the ratio of 5:3:2. Param retires. Her share is taken by Pari and Prizleen in the ratio of 2:1. Calculate the new profit sharing ratio of Pari and Prizleen.
1
7:3
2
3:7
3
5:2
4
2:1
14
PYQ 2024
medium
accountancy ID: cuet-ug-
Identify the correct order of showing the following current assets in the Balance Sheet of a company:
(A) Other current assets
(B) Inventories
(C) Current Investments
(D) Trade receivables
(E) Cash and Cash Equivalents
Choose the correct answer from the options given below:
(A) Other current assets
(B) Inventories
(C) Current Investments
(D) Trade receivables
(E) Cash and Cash Equivalents
Choose the correct answer from the options given below:
1
(A), (B), (C), (D), (E)
2
(B), (C), (D), (E), (A)
3
(C), (B), (D), (E), (A)
4
(D), (E), (A), (B), (C)
15
PYQ 2025
medium
accountancy ID: cuet-ug-
Match List-I with List-II:
Choose the correct answer from the options given below:
1
(A) - (I), (B) - (II), (C) - (III), (D) - (IV)
2
(A) - (I), (B) - (III), (C) - (II), (D) - (IV)
3
(A) - (IV), (B) - (II), (C) - (III), (D) - (I)
4
(A) - (III), (B) - (IV), (C) - (I), (D) - (II)
16
PYQ 2025
medium
accountancy ID: cuet-ug-
Correct sequence of Balance Sheet
A. Short term Loans and Advances
B. Deferred tax liability (Net)
C. Shareholders Fund
D. Capital (work in-progress)
E. Current Liabilities
Choose the correct Option:
A. Short term Loans and Advances
B. Deferred tax liability (Net)
C. Shareholders Fund
D. Capital (work in-progress)
E. Current Liabilities
Choose the correct Option:
1
C, B, A, E and D
2
C, B, D, E and A
3
C, B, D, A and E
4
C, B, E, D and A
About Balance Sheet Statement - CUET-UG
Balance Sheet Statement is a vital chapter for CUET-UG aspirants. Mastering the concepts covered in this chapter is essential for securing a top rank.
By rigorously practicing the previous year questions associated with this chapter, you can identify high-yield topics, understand the examiner's perspective, and boost your confidence during the actual exam.
Frequently Asked Questions
Why focus on Balance Sheet Statement PYQs?
Analyzing PYQs for this specific chapter reveals the most frequently tested concepts and the typical complexity of questions, allowing you to tailor your study plan efficiently.
How to best use this analysis?
Review the topic breakdown to see which sub-topics within Balance Sheet Statement carry the most weight. Then, tackle the questions iteratively to solidify your understanding.