CUET 2026 May 13 Shift 1 Accountancy Question Paper is available for download here. NTA is conducting the CUET 2026 exam from 11th May to 31st May.
- CUET 2026 Accountancy exam consists of 50 questions for 250 marks to be attempted in 60 minutes.
- As per the marking scheme, 5 marks are awarded for each correct answer, and 1 mark is deducted for incorrect answer.
Candidates can download CUET 2026 May 13 Shift 1 Accountancy Question Paper with Answer Key and Solution PDF from links provided below.
CUET 2026 Accountancy May 13 Shift 1 Question Paper with Solution PDF
| CUET May 13 Shift 1 Accountancy Question Paper 2026 | Download PDF | Check Solutions |
In the books of a partnership firm maintaining fluctuating capital accounts, which of the following appropriations or adjustments would result in a credit to the Partners' Current Accounts?
On the basis of the following data, final payment to a partner on firm's dissolution will be: Debit balance of Capital Account of the partner was ₹ 50,000. Share of profit on realisation was ₹ 1,00,000. Firm's liability taken over by him was for ₹ 8,000.
On dissolution of a firm, an unrecovered furniture of book value ₹ 5,000 was taken by a partner for ₹ 4,300 against payment. Which Account will be debited and by how much amount?
Sarvesh, Sriniketan and Srinivas are partners in the ratio of 5 : 3 : 2. If Sriniketan’s share of profit at the end of the year amounted to ₹ 1,50,000, what will be Sarvesh’s share of profits?
Ram, Manohar and Joshi were partners in a firm. Joshi died on 28th February, 2018. His share of profit from the closure of the last accounting year till the date of death was to be calculated on the basis of the average of three completed years of profits before death. Profits for 2015, 2016 and 2017 were Rs. 8,000, Rs. 9,000, and Rs. 10,000 respectively. Firm follows calendar year as accounting year. Calculate Joshi’s share of profit till his death.
If a company fails to receive minimum subscription within 120 days from the date of issue of the prospectus, in how many days should company refund the amount of application money from the date of issue of Prospectus?
Minimum subscription is the minimum amount that, in the opinion of directors, must be raised to meet the needs of business operations of the company relating to:
A. the price of any property purchased, or to be purchased, which has to be met wholly or partly out of the proceeds of issue;
B. preliminary expenses payable by the company and any commission payable in connection with the issue of shares
C. working capital;
D. any other expenditure required for the usual conduct of business operations
Choose the correct answer from the options given below:
Astha Cranky Ltd. purchased assets of the value of ₹ 3,60,000 from Anand Ltd. and made the payment of purchase consideration by issuing 11% Debentures of ₹ 100 each at a discount of 10%. The number of debentures issued by Astha Cranky Ltd. were
Excess value of net assets over purchase consideration at the time of purchase of business is
Abhay, Boris and Chetan were partners in a firm sharing profits in the ratio of 5 : 3 : 2. Boris was guaranteed profit of ₹ 95,000. Any deficiency on account of this was to be borne by Abhay and Chetan equally. The firm earned a profit of ₹ 2,00,000 for the year ended 31st March, 2023. The amount given by Abhay to Boris as guaranteed amount will be:
CUET UG 2026 Exam Pattern
| Parameter | Details |
|---|---|
| Exam Name | Common University Entrance Test (CUET UG) 2026 |
| Conducting Body | National Testing Agency (NTA) |
| Exam Mode | Computer-Based Test (CBT) |
| Exam Duration | 60 minutes per test |
| Total Sections | 3 (Languages, Domain Subjects, General Test) |
| Question Type | Multiple Choice Questions (MCQs) |
| Questions per Test | 50 questions (all compulsory) |
| Marking Scheme | +5 for correct, -1 for incorrect |
| Maximum Marks | 250 marks per test |
| Maximum Subject Choices | 5 subjects in total |
| Syllabus Base | Class 12 NCERT (mainly for Domain Subjects) |
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