CA Inter Advanced Accounting PYQ September 2024: Question Paper and Solutions

How to Prepare for CA Intermediate Advanced Accounting

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Question directory and available solutions

19 indexed questions. Open a question to read its full statement and available answer.

1. Mr. Vikram took a loan of 6,00,000 carrying interest @ 10% p.a. on 1st August, 2023 to purchase raw material. He purchased 4000 units of raw…
2. Kay Ltd. sold goods of 22,00,000 to Mr. Ravi Kumar on 1st February, 2024 but at the request of the buyer, these goods were delivered on 10th April…
3. P Ltd. has 60% voting right in Q Ltd. Q Ltd. has 20% voting right in R Ltd. Also, P Ltd. directly enjoys voting right of 14% in R Ltd. R Ltd. is a…
4. A Machinery was given on 3 years lease by a dealer of the machinery for equal annual lease rentals to yield 20% profit margin on cost of the…
5. A Ltd. had 1,50,000 shares of common stock outstanding on 1 April, 2023. Additional 50,000 shares were issued on 1 November, 2023 and 32,000 shares…
6. Jay Ltd. submits the following data extracted from the Final Accounts as on 31 March, 2023: Equity Share Capital 50,000 Equity shares of 10 each…
7. "Fixed Asset held for sale" will be classified in the Balance Sheet as per Schedule III of the Companies Act as:
8. In the following cases, record Journal Entries for amortization in the books of Huge Ltd. for the year ended 31st March, 2024 with reference to…
9. Pendora Ltd. has given the following details in respect of employee benefit pension plan: Particulars Amount ₹ The fair value of plan assets as on…
10. Delta Ltd. is working on different projects those are likely to be completed within 3 years period. It recognizes revenue from these contracts on…
11. The following is the Trial Balance of Shivam Ltd as on 31st March, 2024 : Particulars Dr. (000) Particulars Cr. (000) Land at Cost 148 Equity Share…
12. On the basis of the following data, prepare Cash Flow Statement as per AS-3 for the year ended 31st March, 2024: Total Sales for the year were 380…
13. Aerodots Ltd. has the following capital structure as on 31.03.2024 : Particulars Amount (in thousands) Equity Share Capital (shares of 10 each) 600…
14. The following are the summarized Balance Sheets of Well Ltd. and Nice Ltd. as at 31st March, 2024 : Particulars Notes Nice Ltd. (₹ in '000) Well…
15. On 1st February, 2024, Best Ltd. acquired 80% Equity shares of Cool Ltd. for 14,80,000. On 31st March, 2024, Best Ltd. also acquired 25% Equity…
16. On 01.04.2023, Mr. Day has 25,000 shares of Squares Ltd. at a book value of 25 per share (nominal value of 10 each). Further information is as…
17. OR In determining the cost of inventories, it is appropriate to exclude certain costs and recognise them as expenses in the period in which they are…
18. The following scheme of reconstruction has been approved for Equity shareholders and Debenture holders of TP Ltd. (i) The Equity shareholders to…
19. Following is the information of Kullu Branch of M/s Best Enterprises of Shimla for the year ending 31st March 2023 : (1) Goods are invoiced to the…