CBSE Class 12 Accountancy Boards 2020 Question Paper Solved Set D

Access and download CBSE Class 12 Accountancy Boards 2020 Question Paper Solved Set D, carefully designed as per the latest 2025-26 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.

Solved Accountancy Question Papers for Class 12

Practicing these Class 12 Accountancy question papers is the best way to understand the actual exam pattern and marking scheme. By solving these papers under timed conditions, Class 12 students can improve their speed and accuracy. Download the full CBSE Class 12 Accountancy Boards 2020 Question Paper Solved Set D to begin your self-assessment today.

Accountancy Class 12 Question Paper PDF with Solutions

ACCOUNTANCY
1. Puneet and Deepak were in partnership sharing profits and losses in the ratio of 2 : 1. They admitted Manya as a new partner. Manya brought ₹ 1,00,000 as her share of goodwill premium, which was entirely credited to Puneet’s capital account. On the date of admission, goodwill of the firm was valued at ₹ 3,00,000. Calculate the new profit sharing ratio of Puneet, Deepak and Manya.
 
2. Which of the following is a capital receipt ?
(A) Subscriptions
(B) Sale of used sports material
(C) Endowment fund
(D) Entrance fees
 
3. Subscribed capital is : 
(A) That part of authorised capital which is issued to the public for subscription.
(B) That part of issued capital which has been actually subscribed by the public.
(C) That part of subscribed capital which has been called up on the shares.
(D) That part of subscribed capital which has not yet been called up on the shares.
 
4. Ashok and Sudha were partners in a firm sharing profits and losses in the ratio of 3 : 1. They admitted Bani as a new partner. Ashok sacrificed 1/4th of his share and Sudha sacrificed 1/4th of her share is favour of Bani.
Bani’s share in the profits of the firm will be :
(A) 5/8
(B) 1/8
(C) 1/4
(D) 7/16
 
5. Which of the following statements is not true for Receipts and Payments Account ?
(A) It is a summary of the Cash Book.
(B) It records receipts and payments of revenue nature only.
(C) The receipts and payments may relate to current, preceding, or succeeding accounting periods.
(D) Depreciation is not shown in it.
 
6. That part of the subscribed capital which has not yet been called is known as ___________ .
 
7. Rajat, Mishi and Tanvi were partners in a firm sharing profits and losses in the ratio of 5 : 3 : 2. Tanvi died on 31st October, 2019. According to the partnership agreement, her share of profits from the closure of last accounting year till the date of her death was to be calculated on the basis of aggregate profits of two completed years before death. Profits of the firm for the years ending 31st March, 2018 and 31st March, 2019 were ₹ 57,000 and ₹ 63,000 respectively. The firm closes its books on
31st March every year. Tanvi’s share of profits till the date of her death will be :
(A) ₹ 24,000
(B) ₹ 7,000
(C) ₹ 14,000
(D) ₹ 12,000
 
8. Excess value of net assets over purchase consideration at the time of purchase of business is :
(A) Credited to the Capital Reserve.
(B) Debited to the Goodwill Account.
(C) Credited to the General Reserve Account.
(D) Credited to the Vendor’s Account.
 
9. First call amount received in advance from the shareholders before it is actually called up by the directors is :
(A) Debited to calls-in-advance account.
(B) Credited to share allotment account.
(C) Debited to first call account.
(D) Credited to calls-in-advance account.
 
10. Premier Ltd. issued 2,000, 9% Debentures of ₹ 100 each at par, redeemable after five years at a premium of 10%. The minimum amount invested in Debenture Redemption Investments will be : 1
(A) ₹ 30,000
(B) ₹ 33,000
(C) ₹ 50,000
(D) ₹ 2,00,000
Please click on below link to download CBSE Class 12 Accountancy Boards 2020 Question Paper Solved Set D.
2015
CBSE Class 12 Accountancy Question Paper 2015 (Delhi Set 1) with Answers (Compartment)
CBSE Class 12 Accountancy Question Paper 2015 Delhi Set 1 with Answers (Reval)
CBSE Class 12 Accountancy Question Paper 2015 (Delhi Set 2) with Answers (Compartment)
CBSE Class 12 Accountancy Question Paper 2015 Delhi Set 2 with Answers (Reval)
CBSE Class 12 Accountancy Question Paper 2015 (Delhi Set 3) with Answers (Compartment)
CBSE Class 12 Accountancy Question Paper 2015 Delhi Set 3 with Answers (Reval)
CBSE Class 12 Accountancy Question Paper 2015 Foreign Set 1 with Answers (Reval)
CBSE Class 12 Accountancy Question Paper 2015 Foreign Set 2 with Answers (Reval)
CBSE Class 12 Accountancy Question Paper 2015 Foreign Set 3 with Answers (Reval)
CBSE Class 12 Accountancy Question Paper 2015 (Outside Delhi Set 1) with Answers (Compartment)
CBSE Class 12 Accountancy Question Paper 2015 Outside Delhi Set 1 with Answers (Reval)
CBSE Class 12 Accountancy Question Paper 2015 (Outside Delhi Set 2) with Answers (Compartment)
CBSE Class 12 Accountancy Question Paper 2015 Outside Delhi Set 2 with Answers (Reval)
CBSE Class 12 Accountancy Question Paper 2015 (Outside Delhi Set 3) with Answers (Compartment)
CBSE Class 12 Accountancy Question Paper 2015 Outside Delhi Set 3 with Answers (Reval)
CBSE Class 12 Accountancy (Urdu) Question Paper 2015 (Delhi Set 1) (Compartment)
CBSE Class 12 Accountancy (Urdu) Question Paper 2015 (Delhi Set 2) (Compartment)
CBSE Class 12 Accountancy (Urdu) Question Paper 2015 (Delhi Set 3) (Compartment)

CBSE Class 12 Accountancy Boards 2020 Question Paper Solved Set D

To understand the types of questions asked in past examinations, it is very important for Class 12 students to solve the CBSE Class 12 Accountancy Boards 2020 Question Paper Solved Set D provided above. You can easily download these past papers for Class 12 Accountancy in PDF format for the last 10 years. By practicing these actual exam questions you will gain an understanding of the difficulty level and the variety of topics covered over the years. By solving these Previous Year Papers (PYPs) you will understand both descriptive and MCQ questions in your final tests.

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Regularly practicing CBSE Class 12 Accountancy Boards 2020 Question Paper Solved Set D is the best way to improve your score in Class 12 Accountancy. These papers will give you details of the marking scheme and the paper structure used by the CBSE. By regularly attempting these under actual exam conditions at home, you can slowly improve your time management skills, which will help you to complete your Accountancy paper within the allowed duration.

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