CUET Accountancy Important Questions 2025 with Solutions

Overview: Accountancy, being one of the major commerce subjects in CUET, requires well-planned preparation. To help you prepare, the article provides CUET Accountancy important questions PDF based on the past 3 years trend analysis with previous year questions papers and difficulty level for efficient preparation.

Since Accountancy is one of the highest-scoring commerce subjects in the CUET exam, preparing for every type of question, such as concept-based or numerical-based, can help you get 250/250 marks. 

Since each correct answer gives you 5 marks, but the exam also has a negative marking of -1, so you must know the CUET Accountancy important questions that have been frequently asked in previous years and have higher chances of being asked in 2025 also.

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CUET Accountancy Important Questions 2025 

The type of questions asked in the CUET Accountancy exam based on CUET exam analysis is listed below: 

Definition-based	Figure-based
Concept-based	Case Study/Based on a Paragraph
Application-based	Statement/Assertion-Reasoning
Numerical	Match the Following

CUET Accountancy Important Questions and Answers PDF 2025 

• The PDF given below lists the frequently asked questions based on the 3 years trend analysis regarding the Accountancy exam. 
• Our subject matter experts have prepared these questions after analysing the CUET Accounts previous year question paper, sample papers and exam pattern.

Click on the button given below to download the important CUET Accountancy questions in PDF format: 

CUET Accountancy Important Questions PDF by Supergrads

Sample CUET Accountancy Important Questions and Answers from previous years

The type of questions that you will see in from the CUET accountancy syllabus are: 

1- A company reissued 1400 shares, which were forfeited by crediting the share forfeiture account by Rs.5600. 1000 of these shares were reissued at Rs. 8 per share. The amount transferred to the capital reserve will be 

1. Rs. 3000
2. Rs. 2000
3. Rs. 1000
4. Rs. Nil

Answer 2: Rs. 2000

2- The capitals of R, S and T are Rs. 2,00,000, Rs. 1,50,000 and Rs. 1,00,000 respectively. Profits are shared in the ratio of 3:2: 1. S retires based on the firm purchased by other partners, and then the new ratio between R and T is 3: 1. Find the capital of R and T.

1. Rs. 3,00,000 and Rs. 1,50,000
2. Rs. 1,92,500 and Rs. 90,000
3. Rs. 3,12,500 and Rs. 1,37,500
4. Rs. 1,72,500 and Rs. 92,500

Answer 3: Rs. 3,12,500 and Rs. 1,37,500

3- The Outstanding Share Option Account is shown under which heading per the balance sheet format prescribed in Schedule III of the Companies Act 2013?

1. Share Application Amount Pending Allotment
2. Shareholder reserve
3. Reserves and surplus
4. Share capital

Answer 3: Reserves and surplus

4- According to section 31(1)  _________, a new partner can be admitted only with the consent of all existing partners. 

1. Cooperatives  
2. Partnership Act, 1932
3. Companies Act 1956    
4. Joint Hindu Family

Answer 2: Partnership Act, 1932

5- Provision for depreciation is: 

1. A charge against the profit
2. An appropriation of the profit
3. Substitute for the repairs
4. writing off losses

Answer 1: A charge against the profit

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6- Current assets Rs. 4,00,0000 Current liabilities 30,00,000 Revenue from operation Rs. 80,00,000. Working capital turnover ratio: 

1. 2 times 
2. 8 times 
3. 6 times
4. 4 times 

Answer 2: 8 times

7- Capital employed in a business is Rs. 150000. Profit gained was Rs. 50000/- and the normal rate of profit is 20%. The amount of goodwill as per the capitalization method would be

1. Rs. 100000
2. Rs. 150000
3. Rs. 200000
4. Rs. 300000

Answer 1: Rs. 100000

Check: CUET Accountancy Important Topics 2025

8- Payment of honorarium to A person is to be accounted as

1. Capital Expenditure
2. Revenue Expenditure
3. Revenue income
4. Capital Income

Answer 2: Revenue Expenditure

9- The opening balance of a Specific Prize Fund was Rs.150000. During the year, donations received towards this fund amounted to Rs. 12000; the amount spent on prizes was Rs.18500 and interest received on prize fund investment was Rs. 6500. The closing balance of Prize Fund will be:

1. 170000
2. 156500
3. 155500
4. 150000

Answer 4: 150000

10- _____of Receipt and payment account records the receipts.

1. Credit Side
2. Debit Side
3. Expenditure Side
4. None of these

Answer 2: Debit Side 

CUET Accountancy Important Questions: Part 2

11. The funds raised by Non-Profit organisations are ______ to capital fund or general fund

1. Debited
2. Credited
3. Transferred
4. Accumulated

Answer 2: Credited

12- Which Of the Following is Incorrect?

• Capital fund is calculated as Assets-Liabilities
• Receipt and Payment Account is the summary of cash and bank transactions
• The sale of scrap is a Capital Expenditure and is to be recorded In the Income and expenditure account
• Receipts and payment accounts do not show that any non-cash item like depreciation

Answer 3: The sale of scrap is a Capital Expenditure and is to be recorded In the Income and expenditure account

13- At the time of admission of a partner, reduction in the value of an asset will be debited to:

1. Cash A/c
2. Partner’s Capital A/c
3. Realisation A/c
4. Revaluation A/c

Answer 4: Revaluation A/c

14.   If a creditor accepts an asset whose value is more than the amount due to him.

• He will pay the excess amount
• He will not pay anything
• The excess amount will be credited to the Realisation Account
• The excess amount is debited to the Realisation account
• The excess amount is debited to the Bank account

Choose the correct answer from the options given below

1. A, C and E only
2. A, B and C only
3. B, C and D only
4. C, D and E only

Answer 1: A, C and E only

15. A and B are partners sharing profits and losses in the ratio 3 : 2. They admitted Z for share. Z got this share as 1/16 from A and 1/16 from B. Calculate the sacrificing ratio of A and B.

1. 3: 2
2. 1: 1
3. 43: 27
4. 2: 1

Answer 2) 1: 1

CUET Accountancy Important Questions: Part 3

16. A and B are partners entered into the partnership on 01.10.2020 with a capital of 2,00,000 and 1,00,000, respectively. Interest on capital is to be provided @ 10% p.a. as per the Partnership deed, but it is silent about profit sharing Ratio. Profit for the year ended 31.03.2021 is 16,000 before providing the above.
B's Share of profit/loss will be:

1. Profit = 500
2. Profit = 1,000
3. Loss = 7,000
4. Loss = 14,000

Answer 1: Profit = 500

17. Yogesh is a partner in a firm. He withdrew ₹ 2,000 per month on the last day of every month during the year ended 31st March 2023. If interest on drawings is charged @ 9% p.a., the interest charged will be:

1. 2,160
2. 990
3. 1,080
4. 1,170

Answer 2: 990

18. The credit balance of the Current Account is shown on which side of the Balance sheet:

1. Both the side
2. None of these sides
3. Liabilities side
4.  Assets side

Answer 3: Liabilities side

19. Which items are not debited to the partners' capital account?

1. General Reserve
2. Drawings
3. Loss on revaluation
4. Advertisement suspense

Answer 1: General Reserve

20. X Ltd. purchased a building for ₹ 60,00,000, payable as 20% in Cash and balance by allotment of 8% debentures of ₹ 500 each at a premium of 20%. The number of debentures issued will be:

1. 8,000
2. 10,000
3. 12,000
4. 9,600

Answer 1: 8,000

Benefits of CUET Accountancy Important Questions 2025?

You can improve your understanding of the subject by practising the CUET Accountancy question paper pdf questions in-depth. It offers numerous other benefits:

• It allows you to become acquainted with the difficulty of the question.
• Every kind of question that will be asked on the real CUET exam can be extensively practiced.
• You can quickly create a strong CUET study plan that will help you get better scores on the test by analyzing the questions and answers.
• The PDF on CUET Accountancy important questions is essential for regular practice and revision. 

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Key Takeaways 

To score 250/250, experts recommend referring to the top CUET Accountancy important questions and answers. 

• All the questions will be multiple-choice questions (MCQ) only. 
• Since -1 for each incorrect answer will be deducted from your final score, so focus on accuracy more. 
• The highest number of questions (10-12) are expected from Unit 1: Reconstitution of Partnership. 
• Strengthen your fundamentals with the help of NCERT books, exemplars and recommended CUET preparation books.