CUET 2026 May 19 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 19 Shift 1 Accountancy Question Paper with Answer Key and Solution PDF from links provided below.

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CUET 2026 Accountancy May 19 Shift 1 Question Paper with Solution PDF

CUET May 19 Shift 1 Accountancy Question Paper 2026 Download PDF Check Solutions

Question 1:

A company invited applications for 1,00,000 shares but received applications for 1,50,000 shares. Shares were allotted on a pro-rata basis to applicants of 1,20,000 shares. How many shares were refused outright?

  • (A) 20,000
  • (B) 30,000
  • (C) 50,000
  • (D) 1,20,000
View Solution
Question 2:

XYZ Ltd. forfeited 500 shares of ₹10 each issued at par for non-payment of final call ₹2 per share. How much amount was forfeited?

  • (A) ₹1,000
  • (B) ₹4,000
  • (C) ₹5,000
  • (D) ₹2,500
View Solution
Question 3:

400 forfeited shares were reissued at ₹9 per share fully paid-up. Face value of each share was ₹10. What is the amount of discount on reissue?

  • (A) ₹200
  • (B) ₹400
  • (C) ₹800
  • (D) ₹1,000
View Solution
Question 4:

Debentures issued as consideration other than cash are generally issued to:

  • (A) Employees
  • (B) Promoters
  • (C) Vendors
  • (D) Government
View Solution
Question 5:

A company purchased machinery worth ₹5,00,000 and issued 12% debentures of ₹100 each at par to the vendor. How many debentures were issued?

  • (A) 4,000
  • (B) 5,000
  • (C) 6,000
  • (D) 50,000
View Solution
Question 6:

Which of the following is shown under “Current Liabilities” in the Balance Sheet?

  • (A) Goodwill
  • (B) Bills Payable
  • (C) Machinery
  • (D) Investments
View Solution

Question 7:

Match the following:

List I List II
A. Share Forfeiture Account I. Capital Profit
B. Securities Premium II. Capital Reserve
C. Reissue of Forfeited Shares III. Share Capital
  • (A) A-I, B-II, C-III
  • (B) A-II, B-III, C-I
  • (C) A-III, B-II, C-I
  • (D) A-I, B-III, C-II
View Solution
Question 8:

Which of the following is NOT a feature of partnership?

  • (A) Mutual agency
  • (B) Separate legal entity
  • (C) Profit sharing
  • (D) Agreement between persons
View Solution
Question 9:

Interest on Drawings is:

  • (A) Expense for firm
  • (B) Income for firm
  • (C) Liability for firm
  • (D) Asset for firm
View Solution
Question 10:

When shares are allotted on pro-rata basis, excess application money is generally adjusted towards:

  • (A) Final Call
  • (B) Share Capital
  • (C) Allotment Money
  • (D) Dividend
View Solution

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)

CUET UG 2026 Paper Analysis