Read and download PDF of CBSE Class 12 Accountancy Sample Paper 2019 Solved Set D 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 2019 Solved Set D
Accountancy Class 12 Sample Paper
PART ‘A’
1. Rita, Sita and Teena are partners in a firm and do not have a partnership agreement. Teena had given a loan of Rs. 10,000 to the firm and expects an interest @ 10% for the loan. The other partners do not agree to this. Should Teena be given interest at the desired rate? Give reason.
2. X, Y & Z are partners. Y retires and the new profit sharing ratio is 2 : 1. Calculate the gaining ratio of X & Z.
3. State any two reasons for Dissolution of a Firm.
4. When is ‘Revaluation Account’ prepared?
5. State at least one way in which the amount of Securities Premium can be used by the Company.
6. What is meant by ‘Over Subscription’?
7. When is ‘Debenture Redemption Reserve’ created?
8. A, B and C are partners in a firm. When the Accounts were closed on 31st March, 2012, it was found that Interest on Capital was allowed @ 4% instead of 6%p.a. The capitals of partners were: A Rs.1,00,000 B Rs.80,000 C Rs.60,000 (3) Give the necessary adjusting entry with proper workings.
9. On 1st January, 2009 R Ltd has Rs. 25,00,000 as Debenture Redemption Reserve. The company has to redeem its 12% Debentures at the end of 2009 worth Rs.90,00,000. Pass journal entries to record the redemption of debentures.
10. Pass necessary journal entries of ‘Issue of debentures’ for the following:
(i) S Ltd issued 150, 15% Debentures of Rs 100 each at a discount of 10% redeemable at a premium of 10%.
(ii) J Ltd issued 600, 9% Debentures of Rs. 100 each at a premium of Rs 10 per Debenture, redeemable at par.
11. Anand and Sonu were childhood friends and colleagues in a company who were thinking of starting something of their own someday. On 1st Jan, 2011 they thought of starting a stationery depot for the financially backward children of their area. They also admitted Manoj a differently abled educated youth who was unemployed as a partner of their firm without any capital contribution. Sonu also approached Rohit Kaul from Jammu, who was also eager to start something of this sort having lot of funds at his disposal, and persuaded him to join them. The following terms where agreed upon:
i) Anand, Sonu and Rohit will contribute 30,000; 50,000 and 4,00,000 respectively as capital.
ii) Profit will be shared equally.
iii) Interest on capital will be allowed @ 5% p.a.
The Profits of the firm for the year ended 31st Dec 2011 were 50,000.
a) Identify any two values which according to you motivated them to start the partnership firm.
b) Prepare Profit & Loss Appropriation Account of the firm for the year ending 31st Dec 2011.
12. Archana, Bindu and Charu were partners sharing profits in the ratio of 3:2:1. Their
Balance Sheet as on 1st April 2010 was:
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Sample Paper Accountancy Class 12
We hope you liked the above provided CBSE Class 12 Accountancy Sample Paper 2019 Solved Set D. To get an understanding of the type of questions which were asked in exams, it is important for Class 12 students to refer to CBSE Class 12 Accountancy Sample Paper 2019 Solved Set D that we have provided above. 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. If you do CBSE Class 12 Accountancy Sample Paper 2019 Solved Set D for Class 12 Accountancy you will easily understand the way examination Sample Paper are set by teachers.
Class 12 Accountancy Sample Paper
The latest Sample Paper CBSE Class 12 Accountancy Sample Paper 2019 Solved Set D covers all the topics which have been suggested by CBSE in their Class 12 Accountancy syllabus for the current year. By doing CBSE Class 12 Accountancy Sample Paper 2019 Solved Set D 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.
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Accountancy Sample Paper Class 12 with Solutions
We have provided CBSE Class 12 Accountancy Sample Paper 2019 Solved Set D with solutions. You will be able to understand the type of answers which you should write in Class 12 Accountancy exams to score good marks. 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. This way you will be able to identify your weak areas and also understand how the teachers of Class 12 Accountancy set their questions in the exams.
CBSE Class 12 Accountancy Sample Paper with solutions
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