CBSE Class 12 Accountancy Boards 2021 Sample Paper Solved

Accountancy
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Read and download PDF of CBSE Class 12 Accountancy Boards 2021 Sample Paper Solved designed as per the latest curriculum and examination pattern for Class 12 issued by CBSE, NCERT and KVS. The latest Class 12 Accountancy Sample Papers have been provided with solutions so that the students can solve these practice papers and then compare their answers. This will help them to identify mistakes and improvement areas in Accountancy Class 12 which they need to study more to get better marks in Class 12 exams. After solving these guess papers also refer to solved Class 12 Accountancy Question Papers available on our website to build strong understanding of the subject

Sample Paper for Class 12 Accountancy Pdf

Students can refer to the below Class 12 Accountancy Sample 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 2021 Sample Paper Solved

Accountancy Class 12 Sample Paper

Part- A
(Accounting for Not for Profit organizations, Partnership firms and Companies)
 
1 Which of the following items is not dealt through Profit and Loss Appropriation Account?
 
a. Interest on Partner’s Loan
 
b. Partner’s Salary
 
c. Interest on Partner’s Capital
 
d. Partner's Commission
 
2 For which of the following situations, the old profit sharing ratio of partners is used at the time of admission of a new partner?
 
a. When new partner brings only a part of his share of goodwill.
 
b. When new partner is not able to bring his share of goodwill.
 
c. When, at the time of admission, goodwill already appears in the balance sheet.
 
d. When new partner brings his share of goodwill in cash.
 
3 Reserve Capital is not a part of:
 
(a) Authorized Capital (b) Subscribed capital (c) Unsubscribed capital (d) Issued Share Capital
 
4 Sports Star Charitable club has income of ` 16,000 and ‘deficit’ debited to capital fund of ` 4,300 for the year 2019-20, then expenditure for the year 2019-20 is:
 
(A) ` 11,700 (B) ` 4,300 (C) ` 20,300 (D) None of these
 
5 At the time of dissolution of partnership firm, journal entry for the settlement of loan advanced by the firm to
 CBSE Class 12 Accountancy Boards 2021 Sample Paper Solved
6 A company forfeited 4,000 shares of `10 each on which application money of `3 has been paid. Out of these 2,000 shares were reissued as fully paid up and `4,000 has been transferred to capital reserve. Calculate the rate at which these shares were reissued.
a. `10 Per share
b. ` 9 Per share
c. `11 Per share
d. `8 Per share
 
7 On the basis of the following data, how much final payment will be made to a partner on firm’s dissolution? Credit balance of capital account of the partner was `50,000. Share of loss on realization amounted to `10,000. Firm’s liability taken over by him was for `8,000.
a. `32,000
b. `48,000
c. `40,000
d. `52,000
CBSE Class 12 Accountancy Boards 2021 Sample Paper Solved
 
9 Rex, Tex and Flex are partners in a firm in the ratio of 5:3:2. As per their partnership agreement, the share of deceased partner is to be calculated on the basis of profits and turnover of previous accounting year.
Tex expired on 31st December 2019. Turnover till the date of death was `18,00,000.
Their profits and turnover for the year 2018-19 amounted to `4,00,000 and `20,00,000 respectively.
An amount of `____________will be given to his executors as his share of profits till the date of death.
 
10 Retirement or death of a partner will create a situation for the continuing partners, which is known as:
A. Dissolution of Partnership
B. Dissolution of partnership firm
C. Winding up of business
D. None of the above
 
11 A, B and C are partners. C expired on 18th December 2019 and as per agreement surviving partners A and B directed the accountant to prepare financial statements as on 18th December 2019 and accordingly the share of profits of C (deceased partner) was calculated as `12,00,000. Which account will be debited to transfer C’s share of profits:
a. Profit and Loss Suspense Account.
b. Profit and loss Appropriation Account.
c. Profit and loss Account.
d. None of the above.
 
12 E, F and G are partners sharing profits in the ratio of 3:3:2. As per the partnership agreement, G is to get a minimum amount of `80,000 as his share of profits every year and any deficiency on this account is to be personally borne by E. The net profit for the year ended 31st March, 2020 amounted to `3,12 ,000. Calculate the amount of deficiency to be borne by E?
a. `1,000
b. `4,000
c. `8,000
 
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2025
CBSE Class 12 Accountancy Boards 2025 Sample Paper Solved
2023
CBSE Class 12 Accountancy Sample Paper with Marking Scheme 2023
2022
CBSE Class 12 Accountancy Sample Paper 2022 Set A Solved
CBSE Class 12 Accountancy Sample Paper 2022 Set B Solved
CBSE Class 12 Accountancy Sample Paper 2022 Set C Solved
CBSE Class 12 Accountancy Sample Paper 2022 Set D
CBSE Class 12 Accountancy Term 2 Sample Paper 2022 Set A Solved
2021
CBSE Class 12 Accountancy Boards 2021 Sample Paper Solved
CBSE Class 12 Accountancy Sample Paper 2021 Set A Solved
CBSE Class 12 Accountancy Sample Paper 2021 Set B Solved
CBSE Class 12 Accountancy Sample Paper 2021 Set C Solved
CBSE Class 12 Accountancy Sample Paper 2021 Set D
2020
CBSE Class 12 Accountancy Boards 2020 Sample Paper Solved
CBSE Class 12 Accountancy Sample Paper 2020 Solved Set A
CBSE Class 12 Accountancy Sample Paper 2020 Solved Set B
CBSE Class 12 Accountancy Sample Paper 2020 Solved Set C
CBSE Class 12 Accountancy Sample Paper 2020 Solved Set D
CBSE Class 12 Accountancy Sample Paper 2020 Solved Set E
2019
CBSE Class 12 Accountancy Sample Paper 2019 Set A
CBSE Class 12 Accountancy Sample Paper 2019 Set E
CBSE Class 12 Accountancy Sample Paper 2019 Set F
CBSE Class 12 Accountancy Sample Paper 2019 Solved
CBSE Class 12 Accountancy Sample Paper 2019 Solved Set B
CBSE Class 12 Accountancy Sample Paper 2019 Solved Set C
CBSE Class 12 Accountancy Sample Paper 2019 Solved Set D
2018
CBSE Class 12 Accountancy Sample Paper 2018 Set A
CBSE Class 12 Accountancy Sample Paper 2018 Set B
CBSE Class 12 Accountancy Sample Paper 2018 Set C
CBSE Class 12 Accountancy Sample Paper 2018 Set D
CBSE Class 12 Accountancy Sample Paper 2018 Set E
CBSE Class 12 Accountancy Sample Paper 2018 Set F
2017
CBSE Class 12 Accountancy Sample Paper 2017 Set A
CBSE Class 12 Accountancy Sample Paper 2017 Set B
CBSE Class 12 Accountancy Sample Paper 2017 Set C
CBSE Class 12 Accountancy Sample Paper 2017 Set D
CBSE Class 12 Accountancy Sample Paper 2017 Set E
CBSE Class 12 Accountancy Sample Paper 2017 Set F
2015
CBSE Class 12 Accountancy Sample Paper 2015 Set A
CBSE Class 12 Accountancy Sample Paper 2015 Set B
CBSE Class 12 Accountancy Sample Paper 2015 Set C
CBSE Class 12 Accountancy Sample Paper 2015 Set D
CBSE Class 12 Accountancy Sample Paper 2015 Set E
CBSE Class 12 Accountancy Sample Paper 2015 Set F
CBSE Class 12 Accountancy Sample Paper 2015 Set G
CBSE Class 12 Accountancy Sample Paper 2015 Set H
CBSE Class 12 Accountancy Sample Paper 2015 Set I
2014
CBSE Class 12 Accountancy Sample Paper 2014 Set A
CBSE Class 12 Accountancy Sample Paper 2014 Set B
CBSE Class 12 Accountancy Sample Paper 2014 Set C
CBSE Class 12 Accountancy Sample Paper 2014 Set D
CBSE Class 12 Accountancy Sample Paper 2014 Set E
CBSE Class 12 Accountancy Sample Paper 2014 Set F
CBSE Class 12 Accountancy Sample Paper 2014 Set G
CBSE Class 12 Accountancy Sample Paper 2014 Set H
CBSE Class 12 Accountancy Sample Paper 2014 Set I
CBSE Class 12 Accountancy Sample Paper with Marking Scheme 2014 Set A
CBSE Class 12 Accountancy Sample Paper with Marking Scheme 2014 Set B
CBSE Class 12 Accountancy Sample Paper with Marking Scheme 2014 Set C
2013
CBSE Class 12 Accountancy Sample Paper with Marking Scheme 2013 Set A
CBSE Class 12 Accountancy Sample Paper with Marking Scheme 2013 Set B
CBSE Class 12 Accountancy Sample Paper with Marking Scheme 2013 Set C
CBSE Class 12 Accountancy Sample Paper with Marking Scheme 2013 Set D
CBSE Class 12 Accountancy Sample Paper with Marking Scheme 2013 Set E
CBSE Class 12 Accountancy Sample Paper with Marking Scheme 2013 Set F
2010
CBSE Class 12 Accountancy Sample Paper 2010 Set G
CBSE Class 12 Accountancy Sample Paper with Marking Scheme 2010 Set A
CBSE Class 12 Accountancy Sample Paper with Marking Scheme 2010 Set B
CBSE Class 12 Accountancy Sample Paper with Marking Scheme 2010 Set C
CBSE Class 12 Accountancy Sample Paper with Marking Scheme 2010 Set D
CBSE Class 12 Accountancy Sample Paper with Marking Scheme 2010 Set E
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CBSE Class 12 Accountancy Boards 2021 Sample Paper Solved

We hope you liked the above provided CBSE Class 12 Accountancy Boards 2021 Sample Paper Solved. To get an understanding of the type of questions which were asked in exams, it is important for Class 12 students to understand the way sample Paper are set by teachers. Students can download the Sample Paper for Class 12 Accountancy which will be coming in the exams so that you can practise them and solve all types of questions that can be asked in exams. By doing CBSE Class 12 Accountancy Boards 2021 Sample Paper Solved you will understand the regular questions and MCQ questions for Class 12 Accountancy which are always asked. You can download CBSE Class 12 Accountancy Sample Paper and Class 12 Accountancy Question 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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