CBSE Class 12 Accountancy Worksheet Set H Solved

Access the latest CBSE Class 12 Accountancy Worksheet Set H 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. What is dissolution of a firm? 
 
2. List any two items which are not transferred to Realisation Account 
 
3. The Balance Sheet of Sanjay, Rajan and Kavi who were sharing profits in the ratio of 4:2:4 as on 31st March, 2014 was as follows:
 
Balance Sheet as at 31st March, 2014

CBSE Class 12 Accountancy Worksheet Set H Solved 1

Sanjay died on 31st July, 2014. The Partnership Deed provided for the following on the death of a partner:
(i)Goodwill of the firm be valued at two years’ purchase of average profits for the last three years.
(ii)Sanjay’s share of profit or loss till the date of his death was to be calculated on the basis of sales. Sales for the year ended 31st March, 2014 amounted to Rs.4,50,000 and that from 1st April to 31st July, 2014 to Rs.2,70,000. The profit for the year ended 31st March, 2014 was calculated as Rs.1,25,000.
(iii)Interest on capital was to be provided @ 5% p.a.
(iv)The average profit of the last three years were Rs.55,000. Prepare Sanjay’s Capital Account to be rendered to his executor.
 
4. On 31st March, 2018 the Balance Sheet of Anant, Binoy and Charan sharing profits and losses in the proportion to their capitals, stood as follows

CBSE Class 12 Accountancy Worksheet Set H Solved 2

Binoy retires from the firm on 1st April, 2018 and the remaining partners decide to carry on the partnership. Following adjustments of assets and liabilities have been agreed upon before the ascertainment of the amount payable to Binoy.
(i)That out of Fire Insurance Premium paid during the year Rs.10,000 be carried forward as unexpired.
(ii)Provision for doubtful debts be brought up to 5% of debtors.
(iii)Provision of Rs.15,000 be made for repairs.
(iv)Land and Building be appreciated by 10%.
(v)Machinery be decreased by 5%.
(vi)Goodwill of the entire firm be fixed at Rs.1,80,000 and Binoy’s share of the same be adjusted in the accounts of Anant and Charan who share the future profits in the proportion of 3/4th and 1/4th respectively.
(vii)Binoy be paid Rs.50,000 in cash and the balance be transferred to his Loan Account. Prepare Revaluation A/c and Capital Accounts of Partners
 
5. Xavier, Yash and Zayn were partners sharing profits in the ratio of 2:2:1. The Balance Sheet as at 31st March, 2018 when they dissolved the firm was as follows:

CBSE Class 12 Accountancy Worksheet Set H Solved 3

It was agreed that :
(i)Xavier to take over furniture at Rs.8,000 and debtors amounted to Rs.1,20,000 at Rs.1,17,200 and the creditors of Rs.16,000 were to be paid by him at this figure.
(ii)Yash is to take over all stock for Rs.17,000 and some sundry assets at Rs.72,000 (being 10% less than the book value)
(iii)Zayn to take over remaining sundry assets at 80% of the book value and assume the responsibility of discharge of loan together with accrued interest of Rs.2,300.
(iv)The expenses of realization were Rs.2,700. The remaining debtors were sold to a debt collecting agency at 50% of the value.
Prepare Realisation Account, Partners’ Capital Account and Cash Account to close the books of the firm.


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

Part 2 Chapter 03 Financial Statements of a Company
CBSE Class 12 Accountancy Financial Statements of A Company Worksheet

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 H Solved?

You can download the teacher-verified PDF for CBSE Class 12 Accountancy Worksheet Set H 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 H 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 H Solved?

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

How does solving CBSE Class 12 Accountancy Worksheet Set H 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 H Solved without any registration.