CBSE Class 12 Accountancy Worksheet Set H Solved

Read and download free pdf of CBSE Class 12 Accountancy Worksheet Set H Solved. Download printable Accountancy Class 12 Worksheets in pdf format, CBSE Class 12 Accountancy All Chapters Worksheet has been prepared as per the latest syllabus and exam pattern issued by CBSE, NCERT and KVS. Also download free pdf Accountancy Class 12 Assignments and practice them daily to get better marks in tests and exams for Class 12. Free chapter wise worksheets with answers have been designed by Class 12 teachers as per latest examination pattern

All Chapters Accountancy Worksheet for Class 12

Class 12 Accountancy students should refer to the following printable worksheet in Pdf in Class 12. This test paper with questions and solutions for Class 12 Accountancy will be very useful for tests and exams and help you to score better marks

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

More Study Material

CBSE Class 12 Accountancy All Chapters Worksheet

The above practice worksheet for All Chapters has been designed as per the current syllabus for Class 12 Accountancy released by CBSE. Students studying in Class 12 can easily download in Pdf format and practice the questions and answers given in the above practice worksheet for Class 12 Accountancy on a daily basis. All the latest practice worksheets with solutions have been developed for Accountancy by referring to the most important and regularly asked topics that the students should learn and practice to get better scores in their examinations. Studiestoday is the best portal for Printable Worksheets for Class 12 Accountancy students to get all the latest study material free of cost.

Worksheet for Accountancy CBSE Class 12 All Chapters

Teachers of studiestoday have referred to the NCERT book for Class 12 Accountancy to develop the Accountancy Class 12 worksheet. If you download the practice worksheet for the above chapter daily, you will get better scores in Class 12 exams this year as you will have stronger concepts. Daily questions practice of Accountancy printable worksheet and its study material will help students to have a stronger understanding of all concepts and also make them experts on all scoring topics. You can easily download and save all revision Worksheets for Class 12 Accountancy also from www.studiestoday.com without paying anything in Pdf format. After solving the questions given in the practice sheet which have been developed as per the latest course books also refer to the NCERT solutions for Class 12 Accountancy designed by our teachers

All Chapters worksheet Accountancy CBSE Class 12

All practice paper sheet given above for Class 12 Accountancy have been made as per the latest syllabus and books issued for the current academic year. The students of Class 12 can be assured that the answers have been also provided by our teachers for all test paper of Accountancy so that you are able to solve the problems and then compare your answers with the solutions provided by us. We have also provided a lot of MCQ questions for Class 12 Accountancy in the worksheet so that you can solve questions relating to all topics given in each chapter. All study material for Class 12 Accountancy students have been given on studiestoday.

All Chapters CBSE Class 12 Accountancy Worksheet

Regular printable worksheet practice helps to gain more practice in solving questions to obtain a more comprehensive understanding of All Chapters concepts. Practice worksheets play an important role in developing an understanding of All Chapters in CBSE Class 12. Students can download and save or print all the printable worksheets, assignments, and practice sheets of the above chapter in Class 12 Accountancy in Pdf format from studiestoday. You can print or read them online on your computer or mobile or any other device. After solving these you should also refer to Class 12 Accountancy MCQ Test for the same chapter.

Worksheet for CBSE Accountancy Class 12 All Chapters

CBSE Class 12 Accountancy best textbooks have been used for writing the problems given in the above worksheet. If you have tests coming up then you should revise all concepts relating to All Chapters and then take out a print of the above practice sheet and attempt all problems. We have also provided a lot of other Worksheets for Class 12 Accountancy which you can use to further make yourself better in Accountancy

Where can I download latest CBSE Practice worksheets for Class 12 Accountancy All Chapters

You can download the CBSE Practice worksheets for Class 12 Accountancy All Chapters for the latest session from StudiesToday.com

Can I download the Practice worksheets of Class 12 Accountancy All Chapters in Pdf

Yes, you can click on the links above and download chapter-wise Practice worksheets in PDFs for Class 12 for Accountancy All Chapters

Are the Class 12 Accountancy All Chapters Practice worksheets available for the latest session

Yes, the Practice worksheets issued for All Chapters Class 12 Accountancy have been made available here for the latest academic session

How can I download the All Chapters Class 12 Accountancy Practice worksheets

You can easily access the links above and download the Class 12 Practice worksheets Accountancy for All Chapters

Is there any charge for the Practice worksheets for Class 12 Accountancy All Chapters

There is no charge for the Practice worksheets for Class 12 CBSE Accountancy All Chapters you can download everything free

How can I improve my scores by solving questions given in Practice worksheets in All Chapters Class 12 Accountancy

Regular revision of practice worksheets given on studiestoday for Class 12 subject Accountancy All Chapters can help you to score better marks in exams

Are there any websites that offer free Practice test papers for Class 12 Accountancy All Chapters

Yes, studiestoday.com provides all the latest Class 12 Accountancy All Chapters test practice sheets with answers based on the latest books for the current academic session

Can test sheet papers for All Chapters Class 12 Accountancy be accessed on mobile devices

Yes, studiestoday provides worksheets in Pdf for All Chapters Class 12 Accountancy in mobile-friendly format and can be accessed on smartphones and tablets.

Are practice worksheets for Class 12 Accountancy All Chapters available in multiple languages

Yes, practice worksheets for Class 12 Accountancy All Chapters are available in multiple languages, including English, Hindi