Read and download CBSE Class 12 Accountancy Question Paper All India with Answers 2017 (2) 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 All India with Answers 2017 (2)
Accountancy Class 12 Question Paper
CBSE Class 12 Accountancy Question Paper All India with Answers 2017 (2). 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
(Accounting for Partnership Firms and Companies)
1. Durga and Naresh were partners in a firm. They wanted to admit five more members in the firm. List any two categories of individuals other than minors who cannot be admitted by them.
2. Z Ltd. forfeited 1000 equity shares of RS 10 each for the non-payment of the final call of RS 2 per share. Calculate the maximum amount of discount at which these shares can be reissued.
3. X Ltd. invited applications for issuing 1000, 9% debentures of RS 100 each at a discount of 6%. Applications for 1,200 debentures were received. Pro-rata allotment was made to all the applicants. Pass necessary Journal Entries for the issue of debentures assuming that the whole amount was payable with applications.
4. P and Q were partners in a firm sharing profits equally. Their fixed capitals were RS 1,00,000 and RS 50,000 respectively. The partnership deed provided for interest on capital at the rate of 10% per annum. For the year ended 31st march, 2016 the profits of the firm were distributed without providing interest on Capital. Pass necessary adjustment entry to rectify the error.
5. A and B were partners in a firm sharing profits and losses in the ratio of 5 : 3. They admitted C as a new partner. The new profit sharing ratio between A, B and C was 3 : 2 : 3. A surrendered 5 1 th of his share in favour of C. Calculate B's sacrifice.
6. Distinguish between "Fixed Capita‘ Account" and "Fluctuating Capital Account" on the basis of credit balance.
7. Ganesh Ltd. is registered with an authorised capital of RS 10,00,00,000 divided into equity shares of RS 10 each. Subscribed and fully paid up capital of the company was RS 6,00,00,000. For providing employment to the local youth and for the development of the tribal areas of Arunachal Pradesh the company decided to set up a hydro power plant there. The company also decided to open skill development centres in Itanagar, Pasighat and Tawang. To meet its new financial requirements, the company decided to issue 1,00,000 equity shares of RS 10 each and 1,00,000, 9% debentures of RS 100 each. The debentures were redeemable after five years at par. The issue of shares and debentures was fully subscribed. A shareholder holding 2,000 shares failed to pay the final call of RS 2 per share. Show the share capital in the Balance Sheet of the company as per the provisions of Schedule III of the Companies Act, 2013. Also identify any two values that the company wishes to propagate.
8. Disha Ltd. purchased machinery from Nisha Ltd. and paid to Nisha Ltd. as follows :
(i) By issuing 10,000, equity shares of RS 10 each at a premium of 10%.
(ii) By issuing 200, 9% debentures of RS 100 each at a discount of 10%.
(iii) Balance by accepting a bill of exchange of RS 50,000 payable after one month.
Pass necessary journal entries in the books of Disha Ltd. for the purchase of machinery and making payment to Nisha Ltd.
Please click the link below to download pdf file of CBSE Class 12 Accountancy Question Paper All India with Answers 2017 (2)
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 All India with Answers 2017 (2)
We hope you liked the above provided CBSE Class 12 Accountancy Question Paper All India with Answers 2017 (2). 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 All India with Answers 2017 (2) 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 All India with Answers 2017 (2) 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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