CBSE Class 12 Accountancy Board Question Paper 2018 Set 03 Solved

Access and download CBSE Class 12 Accountancy Board Question Paper 2018 Set 03 Solved, carefully designed as per the latest 2026-27 examination guidelines issued by CBSE, NCERT, and KVS. These Class 12 Accountancy previous year question papers include detailed solutions, helping students to assess their performance and identify and improve key areas before the final exams.

Previous Year Papers: Class 12 Accountancy (CBSE)

Try these Class 12 Accountancy question papers to master the exam pattern and learn how marks are awarded. Practicing under exam conditions will make Class 12 students much faster and precise. Download the full CBSE Class 12 Accountancy Board Question Paper 2018 Set 03 Solved to evaluate your skills today.

Class 12 Accountancy Question Paper PDF Download

CBSE Class 12 Accountancy Board Question Paper Solved 2018 Set 3. Students can download the last year question papers using the link below. Free download of examination question papers with solutions. Last 10 year question papers should be practised to get better marks in examinations.

PART - A

1. Distinguish between ‘Dissolution of partnership’ and ‘Dissolution of partnership firm’ on the basis of settlement of assets and liabilities.

2. Is ‘Reserve Capital’ a part of ‘Unsubscribed Capital’ or ‘Uncalled Capital’ ?

3. Ritesh and Hitesh are childhood friends. Ritesh is a consultant whereas Hitesh is an architect. They contributed equal amounts and purchased a building for rs. 2 crores. After a year, they sold it for rs.3 crores and shared the profits equally. Are they doing the business in partnership ? Give reason in support of your answer.

4. Amit and Beena were partners in a firm sharing profits and losses in the ratio of 3 : 1. Chaman was admitted as a new partner for 61 th share in the profits. Chaman acquired 52 th of his share from Amit. How much share did Chaman acquire from Beena ?

5. Give the meaning of ‘Debentures issued as Collateral Security’.

6. Neetu, Meetu and Teetu were partners in a firm. On 1st January, 2018, Meetu retired. On Meetu’s retirement the goodwill of the firm was valued at rs.4,20,000.Pass necessary journal entry for the treatment of goodwill on Meetu’s retirement. 

7. NK Ltd., a truck manufacturing company, is registered with an authorised capital of Rs.1,00,00,000 divided into equity shares of Rs.100 each. The subscribed and paid up capital of the company is Rs.50,00,000. The company decided to open technical schools in the Jhalawar district of Rajasthan to train the specially abled children of the area. It is planning to provide them employment in its various production units and industries in the neighbourhood area.

8. What is meant by a ‘Share’ ? Give any two differences between ‘Preference Shares’ and ‘Equity Shares’.

9. Jayant, Kartik and Leena were partners in a firm sharing profits and losses in the ratio of 5 : 2 : 3. Kartik died and Jayant and Leena decided to continue the business. Their gaining ratio was 2 : 3. Calculate the new profit sharing ratio of Jayant and Leena.

Please click the link below to download pdf file of CBSE Class 12 Accountancy Board Question Paper Solved 2018 Set 3.


Download CBSE Question Papers: Class 12 Accountancy

Class 12 Accountancy Past Exam Papers & Resources

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FAQs

Where can I download the official PDF for CBSE Class 12 Accountancy Board Question Paper 2018 Set 03 Solved?

The CBSE Class 12 Accountancy Board Question Paper 2018 Set 03 Solved is available for download on StudiesToday.com. It includes complete set with all sections so that Class 12 students can practice with the exact same paper that came in the CBSE exams.

Are the solutions for CBSE Class 12 Accountancy Board Question Paper 2018 Set 03 Solved based on the official CBSE marking scheme?

Yes, the solutions for CBSE Class 12 Accountancy Board Question Paper 2018 Set 03 Solved are prepared by subject matter experts as per official marking scheme. Class 12 students will understand the structure of answers and 'step-marks' methodology Accountancy.

How does solving CBSE Class 12 Accountancy Board Question Paper 2018 Set 03 Solved help in preparing for the 2026 exams?

Solving previous year papers like CBSE Class 12 Accountancy Board Question Paper 2018 Set 03 Solved is important to understand repeat themes and question difficulty levels of Accountancy. It helps Class 12 students to test their time management skills too.

Can I access CBSE Class 12 Accountancy Board Question Paper 2018 Set 03 Solved in different languages?

Yes, where applicable, CBSE Class 12 Accountancy Board Question Paper 2018 Set 03 Solved is available in both English and Hindi mediums. All students from Class 12 can access Accountancy study material in their preferred language.

Is there a charge to download the CBSE Class 12 Accountancy solved papers?

No, all previous year question papers on StudiesToday, including CBSE Class 12 Accountancy Board Question Paper 2018 Set 03 Solved, are provided free of charge in mobile-friendly PDF.