Read and download CBSE Class 12 Accountancy Question Paper 2007 (3) 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 Question Paper 2007 (3)
Accountancy Class 12 Question Paper
CBSE Class 12 Accountancy Question Paper 2007 (3). Students can download the last year question papers using the link below. Free download of examination question papers with solutions.Last 10 year question papers should be practised to get better marks in examinations.
PART-A
1.List any four essential features of partnership.
2. Give the meaning of ‘Reserve Capital’.
3. What is meant by ‘Preferential Allotment of Shares’ ?
4. Define a ‘Debenture’.
5. A, B and C were partners in a firm sharing profits in 2 : 3 : 5 ratio. A was guaranteed a minimum profit of Rs. 1,00,000. Any deficiency on this account was to be borne by C.The net profit of the firm for the year ended 31.3.2006 was Rs. 4,50,000. Prepare Profit and Loss Appropriation Account of A, B and C for the year ended 31.3.2006.
6. A Ltd. issued 10,000 7% debentures of Rs. 100 each. Pass the necessary journal entries for issue of debentures in the following cases :
(a) When debentures are issued at par and are redeemable at 5% premium.
(b) When debentures are issued at 5% premium and are redeemable at par.
(c) When debentures are issued at 5% premium and are redeemable at 5% premium.
7. X, Y and Z are partners in a firm sharing profits in the ratio of 4 : 3 : 3. They admitted P as a new partner. X, Y and Z each surrendered l/3rd of his share in favour of P.
Calculate the new profit sharing ratio of X, Y, Z and P.
8. P, Q and R were partners in a firm sharing profits in 7 : 8 : 5 ratio. Their firm was dissolved on 28.2.2007. After transfer of assets (other than cash) and outsider’s liabilities to ‘Realisation Account’, the following transactions took place :
(i) Debtors with Rs. 9,000 paid Rs. 8,900 in full settlement of their claim.
(ii) Creditors Rs. 6,000 were paid Rs. 5,500 in full settlement of their claim.
(iii) Expenses of realisation Rs. 900 were paid by P.
(iv) Loss on realisation was Rs. 15,000.
Pass necessary journal entries for the above transactions in the books of P, Q and R.
9. Dhyey Ltd. redeemed Rs. 30,00,000, 8% debentures issued at a premium of 5% as follows. Rs. 12,00,000, 8% debentures were converted into equity shares of Rs. 100 each issued at a premium of Rs. 25 per share and the balance by converting them into 8% preference shares of Rs. 100 each issued at a discount of Rs. 10 per share.
Pass necessary journal entries in the books of the company. Show your workings clearly.
Please click the link below to download pdf file of CBSE Class 12 Accountancy Question Paper 2007 (3).
| 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) |
| CBSE Class 12 Accountancy Question Paper 2007 (1) |
| CBSE Class 12 Accountancy Question Paper 2007 (2) |
| CBSE Class 12 Accountancy Question Paper 2007 (3) |
CBSE Class 12 Accountancy Question Paper 2007 (3)
We hope you liked the above provided CBSE Class 12 Accountancy Question Paper 2007 (3). 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 Question Paper 2007 (3) 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 Question Paper 2007 (3) 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.
Importance of solving CBSE Class 12 Accountancy Question Paper 2007 (3)
By regularly practicing CBSE Class 12 Accountancy Question Paper 2007 (3) students will be able to improve marks in Class 12 Accountancy exams. These question papers provide a very clear idea about the exam and paper structure, marking scheme, and frequently asked questions by teachers. By solving CBSE Class 12 Accountancy Question Paper 2007 (3), students can improve their time management skills and also learn to answer Accountancy questions correctly within the Class 12 exam duration. Apart from learning concepts and solving the CBSE Class 12 Accountancy Question Paper will help you to boost your practical experience and also build confidence to face the actual examination.
Benefits of downloading CBSE Class 12 Accountancy Question Papers in PDF
Downloading the CBSE Class 12 Accountancy Question Paper 2007 (3) in PDF format will help you to read these papers anytime and anywhere. These question papers with answers act as a reliable tool to revise key concepts, practice numerical problems, and understand the correct approach to answer each question. By attempting the CBSE Class 12 Accountancy Question Paper 2007 (3), you can assess your preparation level and identify weak areas on which you have to focus upon. Along with these question papers our teachers say that you should solve Sample Papers for Class 12 Accountancy to improve overall preparation.
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