Previous CBSE Class 12th Board Accountancy exam papers

Give me you question paper for CBSE board of education class 12th accountancy subject examination in a PDF file format ?

[Harsh Pandit]

Here I am giving you question paper for CBSE board of education class 12th accountancy subject examination in a PDF file attached with it .

Part - A
1. When the partner capitals are fixed, where the drawings made by a partner will be
recorded?

2. State the ratio in which the partners share profits or losses on revaluation of assets
and liabilities, when there is a change in profit sharing ratio amongst existing
partners?

3. Name the account which is opened to credit the share of profit of the deceased
partner, till the time of his death to his capital account.

4. Give the journal entry to distribute ‘Workmen Compensation Reserve’ of Rs. 60,000
at the time of retirement of Sajjan, when there is no claim against it. The firm has
three partners Rajat, Sajjan and Kavita.
5. What is meant by securities premium?

6. What rate of interest the company pays on calls in advance if, it has not prepared its
own Articles of Association?

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

8. Mona, Nisha and Priyanka are partners in a firm. They contributed Rs. 50,000 each as
capital three years ago. At that time Priyanka agreed to look after the business as
Mona and Nisha were busy. The profits for the past three years were Rs. 15,000, Rs.
25,000 and Rs. 50,000 respectively. While going through the books of accounts
Mona noticed that the profit had been distributed in the ratio of 1:1:2. When she
enquired from Priyanka about this. Priyanka answered that since she looked after
the business she should get more profit. Mona disagreed and it was decided to
distribute profit equally retrospectively for the past three years.
i) You are required to make necessary corrections in the books of accounts of
Mona, Nisha and Priyanka by passing an adjustment entry.
ii) Identify the value which was not practiced by Priyanka while distributing
profits.

9. Pass the necessary journal entries for issue of 1,000, 7% Debentures of Rs. 100 each
in the following cases:
i) Issued at 5% premium redeemable at a premium of 10%
ii) Issued at discount of 5% redeemable at par.


CBSE Class 12th Board Accountancy exam papers