CBSE Class 12 Accountancy Worksheet Set C Solved

Access the latest CBSE Class 12 Accountancy Worksheet Set C Solved. We have provided free printable Class 12 Accountancy worksheets in PDF format, specifically designed for All Chapters. These practice sets are prepared by expert teachers following the 2025-26 syllabus and exam patterns issued by CBSE, NCERT, and KVS.

All Chapters Accountancy Practice Worksheet for Class 12

Students should use these Class 12 Accountancy chapter-wise worksheets for daily practice to improve their conceptual understanding. This detailed test papers include important questions and solutions for All Chapters, to help you prepare for school tests and final examination. Regular practice of these Class 12 Accountancy questions will help improve your problem-solving speed and exam accuracy for the 2026 session.

Download Class 12 Accountancy All Chapters Worksheet PDF

1. Calculate interest on drawings of Mr. Shyam @ 10% p.a. for the year ended 31st March, 2018 if he withdrew ₹.6,000 in the middle of each quarter.
 
2. How does the factor ‘efficiency of management’ affect the Goodwill of a firm? 
 
3. What do you mean by Number of years purchase? 
 
4. X, Y and Z are partners in a firm. They admitted W their landlord as a partner in the firm. W brings sufficient amount of capital and goodwill premium for his share in the profits. W had given a loan of ₹.1,00,000 @ 10% p.a. interest to the partnership firm before he became the partner. Now the accountant of the frim is emphasizing that the interest on loan should be paid @ 6%p.a. Is he right in doing so? Give reason in support of your answer.
 
5. State any two circumstances, when need for valuation of goodwill of a firm may arise. 
 
6. A, B and C were partners. Their capitals were A - ₹.60,000; B - ₹.40,000 and C - ₹.20,000 respectively. According to the Partnership Deed, they were entitled to an interest on capital @ 5% p.a. in addition, B was also entitled to draw a salary of ₹.1,000 per month. C was entitled to a commission of 5% on the profits after charging interest on capital, but before charging the salary payable to B. The net profit for the year were ₹.60,000 distributed in the ratio of capitals without providing for any of the above adjustments. The profits were to be shared in the ratio of 5:3:2. Pass necessary adjustment entry showing the workings clearly.
 
OR
 
Ameena, Beena and Davina are partners in a firm. Their capital accounts stood at ₹.4,00,000; ₹.3,00,000 and ₹.2,00,000 respectively on 1st April 2018. They shared profits and losses in the ratio of 3:2:1 respectively. Partners are entitled to interest on capital @ 6% per annum and salary to Beena and Davina @ ₹.2,000 per month and ₹.3,000 per quarter respectively as per the provisions of Partnership Deed.
 
Beena’s share of profit including interest on capital but excluding salary is guaranteed at a minimum of ₹.41,000 p.a. Any deficiency arising on that account shall be met by Davina. Profit for the year ended 31st March 2019 amounted to ₹.1,56,000. Prepare Profit and Loss Appropriation Account.
 
7. X and Y are partners sharing profits and losses in the ratio of 3:2. They admit Z into partnership for 1/4th share in goodwill. Z brings in his share of goodwill in cash. Goodwill for this purpose is to be calculated at two years purchase of the average
normal profit of past three years. Profits of the last three years ended 31st March were:
2016- Profit ₹.1,00,000 (including profit on sale of assets ₹.10,000)
2017- Loss ₹.40,000 (including loss by fire ₹.60,000)
2018- Profit ₹.1,40,000 (including insurance claim received ₹.36,000 and interest on investments and Dividend received ₹.16,000)
Calculate value of goodwill.
 
OR
 
Average profit of the firm is ₹. 3,00,000. Total tangible assets in the firm are ₹.28,00,000 and outside liabilities are ₹.8,00,000. In the same type of business the normal rate of return in similar business is 10%. Find the value of goodwill by Capitalization of Super Profit Method.
 
8. Rohan and Mohan entered into partnership on 1st April, 2018 and contributed ₹.4,00,000 and ₹.3,00,000 respectively as their capitals. On 1st October, 2018 Rohan provided ₹.1,00,000 as loan to the firm. As per the provisions of the Partnership Deed:
a) 20% of profits before charging Interest on Drawings but after making appropriations to be transferred to General Reserve.
b) Interest on capital @ 12% p.a. and Interest on Drawings @ 10% p.a.
c) Rohan to get monthly salary of ₹.10,000 and Mohan to get salary of ₹.45,000 per quarter.
d) Rohan is entitled to a commission of 5% on sales. Sales for the year were ₹.7,00,000.
e) Profit and loss to be shared in the ratio of their capital contribution up to ₹.3,50,000 and above equally.
The profits for the year ended 31st March, 2019 before providing for any interest was ₹.9,22,000. The drawings of Rohan and Mohan were ₹.2,00,000 and ₹.2,50,000 respectively. Prepare necessary ledger accounts.
 
OR
 
Anita and Binita are partners sharing profits and losses in the ratio of 3:1. On 1st April, 2018 their Fixed capitals were Anita ₹.1,00,000 and Binita ₹.60,000. During the year ended 31st March, 2019 they earned a net profit of ₹.1,00,000. The terms of partnership are :
a) Interest on capital is to be allowed @ 6%p.a.
b) Anita will get a commission @ 2% on turnover.
c) Binita will get a salary of ₹.1,000 per month.
d) Binita will get commission of 5% on profits after deduction of all expenses including such commission. Partners drawings for the year were: Anita ₹.16,000 and Binita ₹.12,000. Turnover for the year was ₹.6,00,000.
After considering the above facts, you are required to prepare the necessary ledger accounts


Please click on below link to download CBSE Class 12 Accountancy Worksheet Set C Solved

Part 1 Chapter 01 Accounting for Partnership Basic Concepts
CBSE Class 12 Accountancy Accounting For Partnership Firms Worksheet Set A
CBSE Class 12 Accountancy Accounting For Partnership Firms Worksheet Set B
CBSE Class 12 Accountancy Fundamentals Partnership Worksheet Set A
CBSE Class 12 Accountancy Fundamentals Partnership Worksheet Set B
CBSE Class 12 Accountancy Fundamentals Partnership Worksheet Set C
CBSE Class 12 Accountancy Fundamentals Partnership Worksheet Set D
CBSE Class 12 Accountancy Fundamentals Worksheet Set A
CBSE Class 12 Accountancy Fundamentals Worksheet Set B
CBSE Class 12 Accountancy Partnership Volume Worksheet
Part 1 Chapter 02 Reconstitution of a Partnership Firm Admission of a Partner
CBSE Class 12 Accountancy Admission of A Partner Worksheet Set A
CBSE Class 12 Accountancy Admission of A Partner Worksheet Set B
CBSE Class 12 Accountancy Admission of A Partner Worksheet Set C
CBSE Class 12 Accountancy Change in Profit Sharing Worksheet Set A
CBSE Class 12 Accountancy Change in Profit Sharing Worksheet Set B
CBSE Class 12 Accountancy Change in Profit Sharing Worksheet Set C
CBSE Class 12 Accountancy Goodwill Nature And Valuation Worksheet Set A
CBSE Class 12 Accountancy Goodwill Nature And Valuation Worksheet Set B
CBSE Class 12 Accountancy Goodwill Nature And Valuation Worksheet Set C
Part 1 Chapter 03 Reconstitution of a Partnership Firm Retirement/Death of a Partner
CBSE Class 12 Accountancy Death of A Partner Worksheet Set A
CBSE Class 12 Accountancy Death of A Partner Worksheet Set B
CBSE Class 12 Accountancy Retirement of A Partner Worksheet Set A
CBSE Class 12 Accountancy Retirement of A Partner Worksheet Set B
CBSE Class 12 Accountancy Retirement of A Partner Worksheet Set C
CBSE Class 12 Accountancy Retirement of A Partner Worksheet Set D
CBSE Class 12 Accountancy Retirement or Death of a Partner Worksheet Set A
CBSE Class 12 Accountancy Retirement or Death of a Partner Worksheet Set B
Part 1 Chapter 04 Dissolution of Partnership Firm
CBSE Class 12 Accountancy Dissoultion of Partnership Firm Worksheet Set A
CBSE Class 12 Accountancy Dissoultion of Partnership Firm Worksheet Set B
CBSE Class 12 Accountancy Dissoultion of Partnership Firm Worksheet Set C
Part 2 Chapter 01 Accounting for Share Capital
CBSE Class 12 Accountancy Accounting For Companies Worksheet
CBSE Class 12 Accountancy Accounting For Share Capital Worksheet
Part 2 Chapter 02 Issue and Redemption of Debentures
CBSE Class 12 Accountancy Issue And Redemption of Debentures Worksheet Set A
CBSE Class 12 Accountancy Issue And Redemption of Debentures Worksheet Set B
CBSE Class 12 Accountancy Issue And Redemption of Debentures Worksheet Set C
Part 2 Chapter 03 Financial Statements of a Company
CBSE Class 12 Accountancy Financial Statements of A Company Worksheet
Part 2 Chapter 04 Analysis of Financial Statements
CBSE Class 12 Accountancy Analysis of Financial Statements Worksheet
CBSE Class 12 Accountancy Tools of Analysis Worksheet Set A
CBSE Class 12 Accountancy Tools of Analysis Worksheet Set B
Part 2 Chapter 05 Accounting Ratios
CBSE Class 12 Accountancy Ratio Analysis Worksheet Set A
CBSE Class 12 Accountancy Ratio Analysis Worksheet Set B
CBSE Class 12 Accountancy Ratio Analysis Worksheet Set C
Part 2 Chapter 06 Cash Flow Statement
CBSE Class 12 Accountancy Cash Flow Statement Worksheet Set A
CBSE Class 12 Accountancy Cash Flow Statement Worksheet Set B
CBSE Class 12 Accountancy Cash Flow Statement Worksheet Set C
z More Worksheets for Class 12 Accountancy
CBSE Class 12 Accountancy All Chapters Question Bank
CBSE Class 12 Accountancy All Chapters Worksheet
CBSE Class 12 Accountancy Worksheet Set A Solved
CBSE Class 12 Accountancy Worksheet Set B Solved
CBSE Class 12 Accountancy Worksheet Set C Solved
CBSE Class 12 Accountancy Worksheet Set D Solved
CBSE Class 12 Accountancy Worksheet Set E Solved
CBSE Class 12 Accountancy Worksheet Set F Solved
CBSE Class 12 Accountancy Worksheet Set G Solved
CBSE Class 12 Accountancy Worksheet Set H Solved
CBSE Class 12 Accountancy Worksheet Set I Solved
~ Class 12 Accountancy (Old Chapters)
CBSE Class 12 Accountancy Accounting For Not For Profit Organisation Worksheet
CBSE Class 12 Accountancy Not For Profit Organisation Worksheet Set A
CBSE Class 12 Accountancy Not For Profit Organisation Worksheet Set B

Important Practice Resources for Class 12 Accountancy

All Chapters CBSE Class 12 Accountancy Worksheet

Students can use the All Chapters practice sheet provided above to prepare for their upcoming school tests. This solved questions and answers follow the latest CBSE syllabus for Class 12 Accountancy. You can easily download the PDF format and solve these questions every day to improve your marks. Our expert teachers have made these from the most important topics that are always asked in your exams to help you get more marks in exams.

NCERT Based Questions and Solutions for All Chapters

Our expert team has used the official NCERT book for Class 12 Accountancy to create this practice material for students. After solving the questions our teachers have also suggested to study the NCERT solutions  which will help you to understand the best way to solve problems in Accountancy. You can get all this study material for free on studiestoday.com.

Extra Practice for Accountancy

To get the best results in Class 12, students should try the Accountancy MCQ Test for this chapter. We have also provided printable assignments for Class 12 Accountancy on our website. Regular practice will help you feel more confident and get higher marks in CBSE examinations.

Where can I download the latest PDF for CBSE Class 12 Accountancy Worksheet Set C Solved?

You can download the teacher-verified PDF for CBSE Class 12 Accountancy Worksheet Set C Solved from StudiesToday.com. These practice sheets for Class 12 Accountancy are designed as per the latest CBSE academic session.

Are these Accountancy Class 12 worksheets based on the 2026 competency-based pattern?

Yes, our CBSE Class 12 Accountancy Worksheet Set C Solved includes a variety of questions like Case-based studies, Assertion-Reasoning, and MCQs as per the 50% competency-based weightage in the latest curriculum for Class 12.

Do you provide solved answers for CBSE Class 12 Accountancy Worksheet Set C Solved?

Yes, we have provided detailed solutions for CBSE Class 12 Accountancy Worksheet Set C Solved to help Class 12 and follow the official CBSE marking scheme.

How does solving CBSE Class 12 Accountancy Worksheet Set C Solved help in exam preparation?

Daily practice with these Accountancy worksheets helps in identifying understanding gaps. It also improves question solving speed and ensures that Class 12 students get more marks in CBSE exams.

Is there any charge for the Class 12 Accountancy practice test papers?

All our Class 12 Accountancy practice test papers and worksheets are available for free download in mobile-friendly PDF format. You can access CBSE Class 12 Accountancy Worksheet Set C Solved without any registration.