CUET UG 2025 — Accountancy Financial Statements
Which of the following is not the nature of financial statements-
Held on 31 May 2025 · Verified 13 Jul 2026.
The original cost or historical cost is the basis of recording transactions.
It cannot be expressed in monetary terms.
Certain accounting conventions are followed while preparing financial statements.
Financial statements are prepared on certain basic assumptions
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Profit before interest and tax-
Match List-I with List-II | List-I | List-II | |---|---| | (A) SHAREHOLDERS FUND | (I) Non-current investments | | (B) CURRENT LIABILITIES | (II) Reserves and Surplus | | (C) CURRENT ASSET | (III) Trade Payables | | (D) FIXED ASSET | (IV) Inventories | Choose the correct answer from the options given below:
Auditor issues Annual report of company refering to___.
If the net profits earned during the year is Rs. 50,000 and the amount of debtors at the beginning and the end of the year is Rs. 10,000 and Rs. 20,000 respectively, then the cash from operating activities will be equal to:
Cash advances and loans made by financial enterprises are usually classified as ___________ activity.
Work through every CUET UG Financial Statements PYQ, year by year.