CUET-UG SERIES Accountancy
Capital Employed
2 previous year questions.
Volume: 2 Ques
Yield: Medium
High-Yield Trend
2
2023 Chapter Questions 2 MCQs
01
PYQ 2023
medium
accountancy ID: cuet-ug-
Based on the above, answer the question. Amrita and Kalyani are partners sharing profits in the ratio of 3 : 2. They decided to expand the business by admitting Suraj as a new partner for 1/4th share. Surajβs share of goodwill is valued at Rs 90,000 for which he compensated Amrita and Kalyani in the ratio 1 : 4. Following information is also provided:
What is Amritaβs share in the workmen compensation fund?
- Machinery : Rs 25,00,000
- Land : Rs 10,00,000
- Computer : Rs 2,50,000
- Workmen compensation fund : Rs 5,30,000
What is Amritaβs share in the workmen compensation fund?
1
Rs 3,00,000
2
Rs 1,80,000
3
Rs 1,20,000
4
Rs 1,00,000
02
PYQ 2023
medium
accountancy ID: cuet-ug-
Net Capital Employed is equal to :
(A) Fixed Assets + Current Assets β Long term liabilities
(B) Non current Assets + Current Assets β Current liabilities
(C) Fixed Assets + Current Assets β Equity
(D) Equity + Debt
(E) Current Assets β Current liabilities
Choose the correct answer from the options given below :
(A) Fixed Assets + Current Assets β Long term liabilities
(B) Non current Assets + Current Assets β Current liabilities
(C) Fixed Assets + Current Assets β Equity
(D) Equity + Debt
(E) Current Assets β Current liabilities
Choose the correct answer from the options given below :
1
(A) and (B) only
2
(B) and (D) only
3
(C) and (D) only
4
(A) and (D) only