CBSE Class 12 Accountancy Boards 2020 Question Paper Solved Set F

Read and download CBSE Class 12 Accountancy Boards 2020 Question Paper Solved Set F designed as per the latest question paper pattern and Class 12 examination guidelines issued by CBSE, NCERT and KVS. The past year Question Papers for Class 12 Accountancy have been provided with solutions which will help students to assess their performance and find out topics in Accountancy Class 12 which they need to improve to get better marks in Class 12 exams. After solving these last year papers also refer to solved Sample Papers for Class 12 Accountancy available on our website to build strong understanding of the subject

Accountancy Question Paper Class 12

Students can refer to the below Class 12 Accountancy Question Paper designed to help students understand the pattern of questions that will be asked in Class 12 exams. Please download CBSE Class 12 Accountancy Boards 2020 Question Paper Solved Set F

Accountancy Class 12 Question Paper

ACCOUNTANCY
1. Subscribed capital is : 1
(A) That part of authorised capital which is issued to the public for subscription.
(B) That part of issued capital which has been actually subscribed by the public.
(C) That part of subscribed capital which has been called up on the shares.
(D) That part of subscribed capital which has not yet been called up on the shares.
 
2. Niyati and Aisha were partners in a firm sharing profit and losses in the ratio of 4 : 3. They admitted Bina as a new partner. Niyati sacrificed 1/4 th from her share and Aisha sacrificed 1/7 th from her share in favour of Bina.
 
Bina’s share in the profits of the firm will be :
(A) 2/7
(B) 10/49
(C) 11/28
(D) 7/16
 
3. Which of the following statements is true for Receipts and Payments Account ?
(A) It is prepared on accrual basis.
(B) It records receipts and payments of revenue nature only.
(C) Depreciation is debited to this account.
(D) Receipts and payments may relate to current, preceding or succeeding periods.
 
4. When debentures are issued at discount and are redeemable at premium, the amount of discount and premium on redemption is debited to __________ account.
 
5. Nitin, Varun and Asha were partners in a firm sharing profit and losses in the ratio of 7 : 2 : 1. Asha died on 30th November, 2019. According to the partnership agreement, her share of profits from the closure of last accounting year till the date of her death was to be calculated on the basis of aggregate profits of two completed years before her death. Profit of the firm for the years ending 31st March, 2018 and 31st March, 2019 were ₹ 36,000 and ₹ 84,000 respectively. The firm closes its books on 31st March every year. Asha’s share of profit till the date of her death will be :
(A) ₹ 16,000
(B) ₹ 4,000
(C) ₹ 8,000
(D) ₹ 12,000
 
6. Excess value of net assets over purchase consideration at the time of purchase of business is :
(A) Credited to the Capital Reserve.
(B) Debited to the Goodwill Account.
(C) Credited to the General Reserve Account.
(D) Credited to the Vendor’s Account.
 
7. First call amount received in advance from the shareholders before it is actually called up by the directors is :
(A) Debited to calls-in-advance account.
(B) Credited to share allotment account.
(C) Debited to first call account.
(D) Credited to calls-in-advance account.
 
8. Senco Ltd. issued 5,000, 8% Debentures of ₹ 100 each at par, redeemable after four years at a premium of 10%. The minimum amount invested in Debenture Redemption Investments will be :
(A) ₹ 75,000
(B) ₹ 82,500
(C) ₹ 1,25,000
(D) ₹ 1,37,500
 
9. Fill in the blanks for the transaction ‘Interest on drawings’ ₹ 4,000.
                                             Journal
Date                 Particulars                    L.F.          Dr.            Cr.
                                                                          ₹              ₹
...................................... Dr.                          4,000
                    To .............................                                4,000
(Being Interest on drawings charged)
 
10. Unique Club had a Prize Fund of ₹ 9,00,000 on 1st April, 2018. It incurred expenses on prizes amounting to ₹ 9,10,000 during the year.
The balance of Prize Fund in the Balance Sheet as on 31st March, 2019 will be :
(A) ₹ 10,000
(B) (₹ 10,000)
(C) ₹ 9,00,000
(D) Zero
Please click on below link to download CBSE Class 12 Accountancy Boards 2020 Question Paper Solved Set F.
2015
CBSE Class 12 Accountancy Question Paper 2015 (Delhi Set 1) with Answers (Compartment)
CBSE Class 12 Accountancy Question Paper 2015 Delhi Set 1 with Answers (Reval)
CBSE Class 12 Accountancy Question Paper 2015 (Delhi Set 2) with Answers (Compartment)
CBSE Class 12 Accountancy Question Paper 2015 Delhi Set 2 with Answers (Reval)
CBSE Class 12 Accountancy Question Paper 2015 (Delhi Set 3) with Answers (Compartment)
CBSE Class 12 Accountancy Question Paper 2015 Delhi Set 3 with Answers (Reval)
CBSE Class 12 Accountancy Question Paper 2015 Foreign Set 1 with Answers (Reval)
CBSE Class 12 Accountancy Question Paper 2015 Foreign Set 2 with Answers (Reval)
CBSE Class 12 Accountancy Question Paper 2015 Foreign Set 3 with Answers (Reval)
CBSE Class 12 Accountancy Question Paper 2015 (Outside Delhi Set 1) with Answers (Compartment)
CBSE Class 12 Accountancy Question Paper 2015 Outside Delhi Set 1 with Answers (Reval)
CBSE Class 12 Accountancy Question Paper 2015 (Outside Delhi Set 2) with Answers (Compartment)
CBSE Class 12 Accountancy Question Paper 2015 Outside Delhi Set 2 with Answers (Reval)
CBSE Class 12 Accountancy Question Paper 2015 (Outside Delhi Set 3) with Answers (Compartment)
CBSE Class 12 Accountancy Question Paper 2015 Outside Delhi Set 3 with Answers (Reval)
CBSE Class 12 Accountancy (Urdu) Question Paper 2015 (Delhi Set 1) (Compartment)
CBSE Class 12 Accountancy (Urdu) Question Paper 2015 (Delhi Set 2) (Compartment)
CBSE Class 12 Accountancy (Urdu) Question Paper 2015 (Delhi Set 3) (Compartment)

CBSE Class 12 Accountancy Boards 2020 Question Paper Solved Set F

We hope you liked the above provided CBSE Class 12 Accountancy Boards 2020 Question Paper Solved Set F. To get an understanding of the type of questions which were asked in previous year exams, it is important for Class 12 students to refer to CBSE Class 12 Accountancy Boards 2020 Question Paper Solved Set F that we have provided above. Students can download all the Question Papers for Class 12 Accountancy which were issued in the exams so that you can practise them and solve all types of questions which have been asked till now. By doing all CBSE Class 12 Accountancy Boards 2020 Question Paper Solved Set F PYP (previous year papers) you will understand the regular questions and MCQ questions for Class 12 Accountancy which are always asked and learn them so that you can get full marks in those questions. You can download CBSE Class 12 Accountancy Previous Year Question Papers and Class 12 Accountancy Sample Papers in PDF. You should attempt all the last year question paper for Class 12 and Class 12 Accountancy MCQ Test in examination conditions at home and then compare their answers with the solutions provided by our teachers.
 

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