CBSE Class 12 Accountancy Question Paper 2014 Set 2 - Outside Delhi

CBSE Class 12 Accountancy Question Paper 2014 Set 2 - Outside Delhi. 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. 

1. What is meant by issue of debentures as collateral security ? 

2. D Ltd. invited applications for issuing 10,00,000 equity shares of Rs.10 each. The public applied for 8,55,000 shares. Can the company proceed for the allotment of shares ? Give reason in support of your answer. 

3.Distinguish between Dissolution of partnership and Dissolution of partnership firm on the basis of Court’s intervention. 

4.Give the meaning of Reconstitution of a partnership firm. 

5.State the rights acquired by a newly admitted partner. 

6. A Ltd. forfeited 100 equity shares of Rs.10 each issued at a premium of 20% for the non-payment of final call of Rs. 5 including premium. State the maximum amount of discount at which these shares can be re-issued. 

7. 10 .Pass necessary journal entries in the following cases : 

(i) Sunrise Ltd. converted 500, 9% debentures of Rs. 100 each issued at a discount of 10% into equity shares of Rs.100 each issued at a premium of 25%. 

(ii) Britannia Ltd. redeemed 3,000, 12% debentures of Rs.100 each which were issued at a discount of Rs.10 per debenture by converting them into equity shares of Rs.100 each, Rs.90 paid up.

Please click the link below to download pdf file of CBSE Class 12 Accountancy Question Paper 2014 Set 2 - Outside Delhi