List of top Accountancy Questions on Capital Employed asked in CUET (UG)

Based on the above, answer the question. Amrita and Kalyani are partners sharing profits in the ratio of 3 : 2. They decided to expand the business by admitting Suraj as a new partner for 1/4th share. Suraj’s share of goodwill is valued at Rs 90,000 for which he compensated Amrita and Kalyani in the ratio 1 : 4. Following information is also provided:
  • Machinery : Rs 25,00,000
  • Land : Rs 10,00,000
  • Computer : Rs 2,50,000
  • Workmen compensation fund : Rs 5,30,000
Claim against workmen compensation is Rs 2,00,000 and goodwill appeared in the books at Rs 60,000.
What is Amrita’s share in the workmen compensation fund?
Net Capital Employed is equal to :
(A) Fixed Assets + Current Assets – Long term liabilities
(B) Non current Assets + Current Assets – Current liabilities
(C) Fixed Assets + Current Assets – Equity
(D) Equity + Debt
(E) Current Assets – Current liabilities
Choose the correct answer from the options given below :