CBSE Class 12 Accountancy Company Accounts Worksheet Set B

CBSE Class 12 Accountancy Worksheet - Company Accounts. CBSE issues sample papers every year for students for class 12 board exams. Students should solve the CBSE issued sample papers to understand the pattern of the question paper which will come in class 12 board exams this year. The sample papers have been provided with marking scheme. It’s always recommended to practice as many CBSE sample papers as possible before the board examinations. Sample papers should be always practiced in examination condition at home or school and the student should show the answers to teachers for checking or compare with the answers provided. Students can download the sample papers in pdf format free and score better marks in examinations. Refer to other links too for latest sample papers.

TOPIC – COMPANY ACCOUNTS

Q 1 Give the meaning of

(i) Redemption of debentures out of profits

(ii) Redemption of debentures out of capital

Q 2 list three modes of redemption of debentures.

Q 3 What does sec 117C of the company’s act state.

Q 4 What are the SEBI guidelines regarding DRR.

Q 5 Which co. are exempted by SEBI from the obligation of creating DRR.

Q 6 A co. redeemed 1200, 12% debentures of 100 each at par by converting them into:

(i) 10% preference shares of Rs 500 each issued at par.

(ii) Equity shares of Rs 10 each issued at a premium of Rs2.

(iii) Equity shares of Rs 10 each issued at a discount of RS 2

Q 7 A co. redeemed 2000, 12% debentures of 100 each at 120 by converting them into:

(i) 8% preference shares of Rs 200 each issued at par.

(ii) Equity shares of Rs 10 each issued at a premium of Rs2.

(iii) Equity shares of Rs 10 each issued at a discount of RS 2

Q 8 A co. redeemed 1000, 7 ½ % debentures of 100 each issued at a discount of 10% at 120 by converting them into:

(i) 8% preference shares of Rs 100 each issued at par.

(ii) Equity shares of Rs 10 each issued at a premium of Rs2.

(iii) Equity shares of Rs 10 each issued at a discount of RS 2

(iv) 10% debentures of Rs 200 each

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