CBSE Class 12 Accountancy Boards 2020 Question Paper Solved Set G

Accountancy
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Read and download CBSE Class 12 Accountancy Boards 2020 Question Paper Solved Set G 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 G

Accountancy Class 12 Question Paper

PART – A
(Accounting for Not-for-Profit Organizations, Partnership Firms and Companies)
 
1. When a company plans to redeem its debentures out of profits, it should transfer minimum ______ % of the face value of the outstanding debentures to Debenture Redemption Reserve out of surplus available for payment of dividend.
 
2. _______ capital accounts always show a credit balance.
 
3. In the case of retirement, if full or part of the amount payable to the retiring partner still remains to be paid, and there is no agreement among the partners then retiring partner will get
(i) Interest @ 6% p.a on the Balance amount.
(ii) Share of profit earned proportionate to his amount outstanding to total capital of the firm.
(iii) Interest @ 9% p.a. on the balance amount.
 
Which out of the following is correct ?
(a) (i)                     (b) (ii)
(c) (iii)                    (d) Have a choice to get either (i) or (ii)
 
4. The following information has been extracted from the financial statements of a not-for-profit-organization for the year ended 31st March, 2019.
                             Particulars                                                Amount (`₹)
Opening balance of Match Fund                                                  5,00,000
Sale of Match tickets                                                                 3,75,000
Donation for Match Fund received during the year                       1,24,000
Match expenses                                                                        10,00,000
 
Which of the following statements is correct for the presentation of the above items in the financial statements of the not-for-profit-organization ?
 
(a) Negative Balance of Match fund ₹1,000 will be shown on the liabilities side of the Balance sheet as at 31st March, 2019.
(b) Opening Balance of Match Fund ₹ 5,00,000 will be shown on the liabilities side of Balance Sheet as at 1-4-2018.
(c) Negative balance of match fund, ₹ 1,000 will be shown on the expenditure side of the Income and Expenditure Account for the year ended 31-3-2019.
(d) Both (b) and (c).
 
5. Anita and Babita were partners sharing profits and losses in the ratio of 3 : 1. Savita was admitted for 1/5th share in the profits. Savita was unable to bring her share of goodwill premium in cash. The journal entry recorded for goodwill premium is given below :
     Date                 Particular                     LF      Debit            Credit
                                                                        Amt. (₹)       Amt. (₹)
              Savita’s Current A/c. Dr.                       24,000
              To Anita’s Capital A/c.                                              8,000
              To Babita’s Capital A/c.                                            16,000
             (Being adjustment of goodwill
              premium on Savita’s Admission)
The new profit sharing ratio of Anita, Babita and Savita, will be
(a) 41 : 7 : 12                  (b) 13 : 12 : 10
(c) 3 : 1 : 1                      (d) 5 : 3 : 2 1
 
6. Amla, Bimla and Kavita were partners sharing profits and losses in the ratio of 4 : 3 : 1. Bimla retires and gives her share of profit to Amla for ₹ 3,600 and to Kavita for ₹ 3,000. The gaining ratio of Amla and Kavita will be :
(a) 4 : 5                            (b) 2 : 1
(c) 6 : 5                            (d) 4 : 1 1
 
7. Capital Reserve is created out of ______ profits.
Please click on below link to download CBSE Class 12 Accountancy Boards 2020 Question Paper Solved Set G.
2022
CBSE Class 12 Accountancy Question Paper 2022 Set A Solved
CBSE Class 12 Accountancy Question Paper 2022 Set B Solved
CBSE Class 12 Accountancy Question Paper 2022 Set C Solved
CBSE Class 12 Accountancy Question Paper 2022 Set D Solved
2021
CBSE Class 12 Accountancy Question Paper 2021 Set A Solved
CBSE Class 12 Accountancy Question Paper 2021 Set B Solved
CBSE Class 12 Accountancy Question Paper 2021 Set C Solved
CBSE Class 12 Accountancy Question Paper 2021 Set D Solved
2020
CBSE Class 12 Accountancy Boards 2020 Question Paper Solved Set A
CBSE Class 12 Accountancy Boards 2020 Question Paper Solved Set B
CBSE Class 12 Accountancy Boards 2020 Question Paper Solved Set C
CBSE Class 12 Accountancy Boards 2020 Question Paper Solved Set D
CBSE Class 12 Accountancy Boards 2020 Question Paper Solved Set E
CBSE Class 12 Accountancy Boards 2020 Question Paper Solved Set F
CBSE Class 12 Accountancy Boards 2020 Question Paper Solved Set G
CBSE Class 12 Accountancy Boards 2020 Question Paper Solved Set H
CBSE Class 12 Accountancy Boards 2020 Question Paper Solved Set I
CBSE Class 12 Accountancy Boards 2020 Question Paper Solved Set J
CBSE Class 12 Accountancy Compartment Question Paper Solved 2020
CBSE Class 12 Accountancy Question Paper 2020 Set A
CBSE Class 12 Accountancy Question Paper 2020 Set B
2019
CBSE Class 12 Accountancy Question Paper Solved 2019 Set A
CBSE Class 12 Accountancy Question Paper Solved 2019 Set B
CBSE Class 12 Accountancy Question Paper Solved 2019 Set C
CBSE Class 12 Accountancy Question Paper Solved 2019 Set D
CBSE Class 12 Accountancy Question Paper Solved 2019 Set E
CBSE Class 12 Accountancy Question Paper Solved 2019 Set F
CBSE Class 12 Accountancy Question Paper Solved 2019 Set G
CBSE Class 12 Accountancy Question Paper Solved 2019 Set H
CBSE Class 12 Accountancy Question Paper Solved 2019 Set I
CBSE Class 12 Accountancy Question Paper Solved 2019 Set J
CBSE Class 12 Accountancy Question Paper Solved 2019 Set K
CBSE Class 12 Accountancy Question Paper Solved 2019 Set L
CBSE Class 12 Accountancy Question Paper Solved 2019 Set M
CBSE Class 12 Accountancy Question Paper Solved 2019 Set N
CBSE Class 12 Accountancy Question Paper Solved 2019 Set O
2018
CBSE Class 12 Accountancy Board Question Paper Solved 2018 Set 1
CBSE Class 12 Accountancy Board Question Paper Solved 2018 Set 2
CBSE Class 12 Accountancy Board Question Paper Solved 2018 Set 3
CBSE Class 12 Accountancy Compartment Question Paper Solved 2018 Set 1
CBSE Class 12 Accountancy Compartment Question Paper Solved 2018 Set 2
CBSE Class 12 Accountancy Compartment Question Paper Solved 2018 Set 3
2017
CBSE Class 12 Accountancy Question Paper All India with Answers 2017 (1)
CBSE Class 12 Accountancy Question Paper All India with Answers 2017 (2)
CBSE Class 12 Accountancy Question Paper All India with Answers 2017 (3)
CBSE Class 12 Accountancy Question Paper Delhi with Answers 2017 (1)
CBSE Class 12 Accountancy Question Paper Delhi with Answers 2017 (2)
CBSE Class 12 Accountancy Question Paper Delhi with Answers 2017 (3)
CBSE Class 12 Accountancy Question Paper Foreign with Answers 2017 (1)
CBSE Class 12 Accountancy Question Paper Foreign with Answers 2017 (2)
CBSE Class 12 Accountancy Question Paper Foreign with Answers 2017 (3)
2016
CBSE Class 12 Accountancy Question Paper 2016 Set 1
CBSE Class 12 Accountancy Question Paper 2016 Set 1 Delhi
CBSE Class 12 Accountancy Question Paper 2016 Set 1 Foreign
CBSE Class 12 Accountancy Question Paper 2016 Set 2
CBSE Class 12 Accountancy Question Paper 2016 Set 2 Delhi
CBSE Class 12 Accountancy Question Paper 2016 Set 2 Foreign
CBSE Class 12 Accountancy Question Paper 2016 Set 3
CBSE Class 12 Accountancy Question Paper 2016 Set 3 Delhi
CBSE Class 12 Accountancy Question Paper 2016 Set 3 Foreign
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)
2014
CBSE Class 12 Accountancy Question Paper 2014 Set 1 - Delhi
CBSE Class 12 Accountancy Question Paper 2014 Set 1 - Foreign
CBSE Class 12 Accountancy Question Paper 2014 Set 1 - Outside Delhi
CBSE Class 12 Accountancy Question Paper 2014 Set 2 - Delhi
CBSE Class 12 Accountancy Question Paper 2014 Set 2 - Foreign
CBSE Class 12 Accountancy Question Paper 2014 Set 2 - Outside Delhi
CBSE Class 12 Accountancy Question Paper 2014 Set 3 - Delhi
CBSE Class 12 Accountancy Question Paper 2014 Set 3 - Foreign
CBSE Class 12 Accountancy Question Paper 2014 Set 3 - Outside Delhi
CBSE Class 12 Accountancy Question Paper SA1 2014 (1)
CBSE Class 12 Accountancy Question Paper SA1 2014 (2)
CBSE Class 12 Accountancy Question Paper SA1 2014 (3)
CBSE Class 12 Accountancy Question Paper SA2 2014
2013
CBSE Class 12 Accountancy Question Paper - Delhi 2013 (1)
CBSE Class 12 Accountancy Question Paper - Delhi 2013 (2)
CBSE Class 12 Accountancy Question Paper - Delhi 2013 (3)
CBSE Class 12 Accountancy Question Paper - Foreign 2013 (1)
CBSE Class 12 Accountancy Question Paper - Foreign 2013 (2)
CBSE Class 12 Accountancy Question Paper - Foreign 2013 (3)
CBSE Class 12 Accountancy Question Paper - Outside Delhi 2013 (1)
CBSE Class 12 Accountancy Question Paper - Outside Delhi 2013 (2)
CBSE Class 12 Accountancy Question Paper - Outside Delhi 2013 (3)
CBSE Class 12 Accountancy Question paper 2013
CBSE Class 12 Accountancy Question Paper SA1 2013
CBSE Class 12 Accountancy Question Paper SA2 2013
2012
CBSE Class 12 Accountancy Question Paper 2012
CBSE Class 12 Accountancy Question Paper SA1 2012 (1)
CBSE Class 12 Accountancy Question Paper SA1 2012 (2)
2011
CBSE Class 12 Accountancy Question paper 2011
2010
CBSE Class 12 Accountancy Question Paper SA1 2010 (1)
2009
CBSE Class 12 Accountancy Question paper 2009
2008
Accountancy Question paper 2008
CBSE Class 12 Accountancy Question Paper 2008
CBSE Class 12 Accounts Question Paper 2008
CBSE Class 12 Accounts Question Paper 2008 Answers(2)
CBSE Class 12 Accounts Question Paper 2008(2)
2007
CBSE Class 12 Accountancy Question Paper 2007 (1)
CBSE Class 12 Accountancy Question Paper 2007 (2)
CBSE Class 12 Accountancy Question Paper 2007 (3)
2006
CBSE Class 12 Accountancy Question Paper 2006 (1)
CBSE Class 12 Accountancy Question Paper 2006 (2)
CBSE Class 12 Accountancy Question Paper 2006 (3)
CBSE Class 12 Accountancy Question Paper 2006 (4)
2005
CBSE Class 12 Accountancy Question Paper 2005 (1)
CBSE Class 12 Accountancy Question Paper 2005 (2)
* More Question Papers
CBSE Class XII Accountancy Question Paper 1
CBSE Class XII Accountancy Question Paper 2
CBSE Class XII Accountancy Question Paper 3
CBSE Class XII Accountancy Question Paper 4
CBSE Class XII Accountancy Question Paper 2009
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Previous Year Question Paper Class 12 Accountancy

CBSE Class 12 Accountancy Boards 2020 Question Paper Solved Set G

We hope you liked the above provided CBSE Class 12 Accountancy Boards 2020 Question Paper Solved Set G. 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 G 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 G 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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