Hello, can you give me the sample paper of accountancy of 12th class CBSE, plz provide me??

Hello buddy ,as per your demand I am providing you the sample paper of accountancy cbse board,hope so this may help you.

Sample paper of accountancy:

Q. Enumerate the two steps of calculation of goodwill according to Super Profit Method. 1
Solution :
1. Step 1: Calculate SP
SP = Actual Profit – Normal Profit
Goodwill = SP * yrs of purchase

Q. If Interest on capital, Salaries, profit on revaluation is credited to partner's capital account, what method is followed in preparation of capital account. 1
Solution:
Capital Account is fluctuating

Q. In case of insufficient profit, what would be the treatment of interest on capital? 1
Solution:
Interest on capital shall be the profits available distributed amongst the partner in ratio of interest on capital.

Q. Give one reason, which makes holding debentures better than holding shares. 1
Solution:
- Debentures give fixed rate of interest
- Debentures are secured
- Priority in repayment (anyone)

Q. What are zero coupon bonds? 1
Solution:
Zero coupon bonds do not carry a fixed rate of interest. The interest is actually the difference between the invested amount and the amount redeemed.

Q. Pass the necessary journal entries for following: 3
a) Rohan Ltd issued Rs 80,000, 9% debentures at par and redeemable at 10% premium.
b) B Ltd issued Rs 84,000, 9% debentures at a premium of 5% and redeemable at par.

Solution:
9. Bank A/c Dr 80000 0.5
To Debenture Application A/c 80000
Debenture Application A/c Dr 80000
Loss on issue of debenture A/c Dr 80000 1
To 9 % Debenture A/c 80000
To premium on Redemption
Of debenture A/c 8000
(Being debenture issued at par and Redeemable
at premium )

b Bank A/c Dr. 84,000 0.5
To Debenture Application A/c 84000
Debenture Application A/c 84000 1
To 9 % Debenture A/c 80000
To Security premium Reserve 4000
(Being Debenture issued at premium
and redeemable at par)

CBSE accountancy paper









More sample papers you can see as below:

Attached Files

CBSE accountancy paper.pdf (1.20 MB, 840 views)