Practice CUET Accountancy Mock Test Online

Unit I: Accounting for Partnership 

• Nature of Partnership Firm: Partnership deed (meaning, importance). 

• Final Accounts of Partnership: Fixed v/s Fluctuating capital, 

• Division of profit among partners, Profit and Loss Appropriation account. 

Unit II: Reconstitution of Partnership 

• Changes in profit sharing ratio among the existing partners – Sacrificing ratio and Gaining ratio. 

• Accounting for Revaluation of Assets and Liabilities and Distribution of reserves and accumulated profits. 

• Goodwill: Nature, Factors affecting and Methods of valuation: Average profit, Super profit, Multiplier and Capitalisation methods. 

• Admission of a Partner: Effect of admission of partner, Change in profit sharing ratio, accounting treatment for goodwill, Revaluation of assets and liabilities, Reserves (accumulated profits) and adjustment of capitals. 

• Retirement/Death of a Partner: Change in profit sharing ratio, accounting treatment of goodwill, revaluation of assets and liabilities, Adjustment of accumulated profits (Reserves). 

Unit III: Dissolution of Partnership Firm 

• Meaning, Settlement of accounts: Preparation of realisation account and related accounts (excluding piecemeal distribution, sale to a company and insolvency of a Partner)

Unit IV: Company Accounts: Accounting for Share and Debenture 

• Share Capital: Meaning, Nature and Types 

• Accounting for Share Capital: Issue and Allotment of Equity and Preference Shares; Over subscription and under subscription; Issue at par, premium and at discount; Calls in advance, Calls in arrears, Issue of shares for consideration other than cash. 

• Forfeiture of Shares: Accounting treatment, Re-issue of forfeited shares. 

• Presentation of shares and Debentures Capital in company’s balance sheet. 

• Issue of Debenture – At par, premium and discount; Issue of debentures for consideration other than cash. 

Unit V: Analysis of Financial Statements 

• Financial Statements of a Company: Preparation of simple financial statements of a company in the prescribed form with major headings only. 

• Financial Analysis: Meaning, Significance and Purpose, Limitations. 

• Tools for Financial Analysis: Comparative statements, Common size statements. 

• Accounting Ratios: Meaning and Objectives and types: Liquidity Ratio, Solvency Ratio, Activity Ratio, Profitability Ratio 

• Cash Flow Statement: Meaning and Objectives, Preparation, Adjustments related to depreciation, dividend and tax, sale, and purchase of non-current assets (as per revised standard issued by ICAI).

Optional to Unit V 

Unit V: Computerised Accounting System 

• Overview of Computerised Accounting System 

• Concept and Types of Computerised Accounting System (CAS), 

• Features of a Computerised Accounting System, Advantages, limitations 

• Structure of a Computerised Accounting System: chart of accounts, Codification and Hierarchy of account heads. 

• Accounting Applications of Electronic Spreadsheet 

• Features offered by Electronic Spreadsheet. Applications of Electronic Spreadsheet in generating accounting information, preparing depreciation schedule, loan repayment schedule, payroll accounting. 

• Graphs and Charts in electronic spreadsheet

1. Helps you understand the exact exam pattern: Mock tests show you the type of questions asked in CUET. This reduces confusion and helps you know what to expect on exam day.

2. Highlight your weak and strong areas: Instead of studying everything blindly, mock tests reveal which topics need more revision. This saves time and makes your preparation smarter.

3. Improves your speed and accuracy: Every subject in CUET requires quick thinking. Mock tests train you to solve questions faster without making careless mistakes.

4. Builds confidence: When you regularly solve mock tests. You stop overthinking and feel more relaxed because you’ve practiced the same pattern many times and feel confidence.

5. Helps you manage time effectively: Mock tests show you how much time to spend on each question or section. This prevents last-minute panic and incomplete attempts.

6. Teaches you the right exam strategy: You learn what to attempt first, when to skip, and how to maximize marks. A good strategy can boost your score more than extra studying.

7. Reduces exam-day mistakes: Mock tests help you identify common mistakes and tricky areas. This way, you avoid silly errors and score higher.

1. Start with a Full Mock to Know Your Level: Take one complete mock test without preparing first. This will show you your natural strengths and weaknesses.

2. Analyse Your Mistakes Carefully: Don’t just check your score; examine why you got a question wrong. This helps you address the root issue.

3. Focus More on Weak Topics: Identify the topics you find difficult and give them extra practice before your next mock.

4. Practise Under Real-Time Conditions: Always use a timer. This teaches you time management and helps reduce exam pressure.

5. Review Solutions After Every Test: Read explanations for both correct and incorrect answers. This strengthens your understanding and improves accuracy.

6. Track Your Progress Weekly: Monitor if your score and accuracy are improving with each attempt. If they aren’t, adjust your study plan.

7. Build Your Own Exam Strategy: Mock tests help you figure out what to try first, what to skip, and how to score the most on exam day.

1. Real CUET Difficulty Level: Dubuddy mock tests reflect the actual CUET Accountancy difficulty. You will know where you stand and what to expect on exam day.

2. Exact NTA-like Interface: You will practice on the same type of screen, layout, and navigation as the real CUET. This makes the exam day familiar and less stressful.

3. Detailed Performance Analytics: Receive clear insights on accuracy, speed, strengths, and weak areas. This helps you concentrate on what needs improvement.

4. Solutions With Explanations: Each question comes with straightforward, easy-to-understand explanations. This allows you to learn from your mistakes right away.

5. Integrated PYQ → Mock Test Flow: Begin with previous year questions to build confidence, then move on to full-length mocks. All are arranged in an organised manner.

1. Result Summary: You can quickly see your score, percentile, accuracy and time taken in a clear layout, so you don’t have to search for details.

2. Understand Your Mistakes Quickly: Your correct, incorrect, and unattempted questions are displayed clearly. This helps you understand where you lost marks.

3. See Your Improvement Over Time: A simple graph shows how your performance changes with each try. You can actually see your progress.

4. Know Your Strong & Weak Areas: Each topic, like passages, vocabulary, or homophones, has its own accuracy and a label for “weak” or “strong.” This makes it easy to know what to focus on.

5. Compare Yourself With Others: You can check how your performance stacks up against other students. This gives you a clear idea of where you stand.

6. Retry & Learn Easily: With one click, you can retake the test or view the solutions. Everything is designed to make learning simple and stress-free.

1. Initial Preparation Phase (3-6 Months Before Exam): 
For students just beginning their preparation, the focus should be on building a strong foundation in the syllabus. During this stage, mock tests should be less frequent maybe once every two weeks after finishing a subject or major topic.

2. Middle Phase (2-3 Months Out): 
Once you understand the syllabus, increase your mock test frequency. Start taking tests weekly. This stage focuses on consolidating knowledge and improving speed.

3. Final Preparation Phase (Last 1 Month): 
As the CUET approaches, aim for a more intense mock schedule. Consider taking two or more mocks a week. This phase enhances the entire exam experience, helping you build confidence for the actual test.

4. Last Few Days before the Exam: 
In the final days before the CUET, strike a balance. Keep taking mocks but leave time for revision. This is not the time to learn new concepts; instead, focus on reinforcing what you've studied and refining your test-taking strategies.