CUET Accountancy Answer Key 2024 Unofficial

The National Testing Agency (NTA) conducted the CUET Accountancy exam today, May 17, during Shift 2B, from 5 pm to 6 pm. As the exam was in a computer-based test format, the questions were gathered from the candidates who participated. Subject experts will prepare the CUET Accountancy Unofficial Answer Key 2024 based on these memory-based questions. Candidates can use the CUET Accountancy answer key 2024 to evaluate their performance in the exam.

Additionally, the CUET Accountancy Question Paper Analysis 2024 is available here for candidates to review important details, including the difficulty level of the paper.

CUET Accountancy Question Paper 2024: Download PDFs

Here are a few questions from the May 17th, 2024 Accountancy paper:

1. The components of a Computerised Accounting System are
2. The Sales and Accounts Receivable Subsystem deals with
3. While preparing a cash flow statement, the purchase of goodwill is treated as
4. Kavita and Lalita are partners, sharing profits in a ratio of 2:1. They decide to admit Mohan for 1/4th share
5. The common fields used in the relationship between tables are called _________
6. On dissolution of a firm, bank overdraft is transferred to
7. Existing Profit and Loss Account in the Books of the firm will be shared/ borne by partners in the ratio
8. Which of the following would affect the Revaluation Account at the time of reconstitution of a partnership firm

The Unofficial CUET Question Paper 2024 PDF, based on memory-based questions from the CUET exam, will be provided below:

CUET Accountancy Answer Key 2024: Download PDFs

Here are the answers to the Accountancy paper questions:

1. The components of a Computerised Accounting System are
Answer: Data, People, Procedure, Hardware, Software

2. The Sales and Accounts Receivable Subsystem deals with
Answer: The recording of sales and the maintaining of sales ledger and receivables

3. While preparing a cash flow statement, the purchase of goodwill is treated as
Answer: Investing activity

4. Kavita and Lalita are partners, sharing profits in a ratio of 2:1. They decide to admit Mohan for 1/4th share
Answer: INR 4,000

5. The common fields used in the relationship between tables are called _________
Answer: Key fields

6. On dissolution of a firm, bank overdraft is transferred to
Answer: Realisation Account

7. Existing Profit and Loss Account in the Books of the firm will be shared/ borne by partners in the ratio
Answer: 5:3:2

8. Which of the following would affect the Revaluation Account at the time of reconstitution of a partnership firm
Answer: Increase in assets

It is important to note that the CUET Accountancy Unofficial Answer Key 2024 is based on memory-based questions. Therefore, candidates should not rely entirely on this answer key to estimate their marks and should wait for the official answer key to be released.

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