Target Exam

CUET

Subject

-- Accountancy Part A

Chapter

Accounting for Partnership

Question:

Match List-I with List-II

List-I

List-II

(A) Operating activity

(I) Bank

(B) Investing activity

(II) Redemption of preference shares

(C) Financing activity

(III) Purchase of machinery

(D) Cash equivalents

(IV) Cash receipt from trade receivables.

Choose the correct answer from the options given below:

Options:

(A)-(I), (B)-(II), (C)-(III), (D)-(IV)

(A)-(I), (B)-(III), (C)-(II), (D)-(IV)

(A)-(IV), (B)-(III), (C)-(II), (D)-(I)

(A)-(III), (B)-(IV), (C)-(I), (D)-(II)

Correct Answer:

(A)-(IV), (B)-(III), (C)-(II), (D)-(I)

Explanation:

The correct answer is Option (3) → (A)-(IV), (B)-(III), (C)-(II), (D)-(I)

List-I

List-II

(A) Operating activity

(IV) Cash receipt from trade receivables.

(B) Investing activity

(III) Purchase of machinery

(C) Financing activity

(II) Redemption of preference shares

(D) Cash equivalents

(I) Bank