Read and download PDF of CBSE Class 12 Accountancy Sample Paper 2018 Set A 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 Sample Paper 2018 Set A
Accountancy Class 12 Sample Paper
Q.1 In the absence of partnership deed, interest on loan of a partner is allowed.
i) at 6% ii) at 8% per annum iii) at 6% per annum iv) none of these
Q.2 When partners’ capital accounts are fluctuating, which one of the following items will be written on the credit side of the partners’ capital account.
i) Interest on drawings ii) Partners’ share in the firms loss
iii) Salary to the partner iv) Drawings
Q.3 What is meant by reconstitution of a partnership firm?
Q.4 Goodwill of a firm of A and B is valued at Rs. 30,000. C is admitted for ¼ share.
What amount he will bring as goodwill?
Q.5 Kamini, Surekha and Vipin are partners sharing profits and losses in the ratio of 3:2:1. Kamini retired and on this day an unrecorded liability of Rs. 1,50,000 was found in the books. Kamini was of the opinion that she should not be debited for her share of the liability. Do you agree to her opinion? Give reason to support your opinion.
Q.6 On the death of a partner, his share in the profits of the firm till the date of his death is transferred to which account.
Q.7 Give one distinction between reconstitution of a firm and dissolution of a firm.
Q.8 How much amount will be paid to creditors of Rs. 25,000, if Rs. 5,000 of the creditors are not to be paid and the remaining creditors agreed to accept 5% less amount?
Q.9 Rahul and Simran are partners with capitals of Rs. 1,00,000 and Rs. 80,000 respectively on 1st April 2013 and their profit sharing ratio is 2:1. Interest on capital is agreed @ 12% p.a. Y is to be allowed an annual salary of Rs. 6,000. The profit for the year ended 31st March 2014 amounted to Rs. 50,000. Manager is entitled to a commission of 10% of the profits. Prepare profit and loss appropriation account.
Q.10 Ankesh, Bajaj and Chetan are partners in a firm sharing profits in the ratio of 4:3:1. Ankesh retires and his share is taken up by Bajaj and Chetan equally. Find the new profit sharing ratio and the gaining ratio.
Please click the link below to download CBSE Class 12 Accountancy Sample Paper 2018 Set A
CBSE Class 12 Accountancy Sample Paper 2018 Set A
We hope you liked the above provided CBSE Class 12 Accountancy Sample Paper 2018 Set A. 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 Sample Paper 2018 Set A 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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