CBSE Class 12 Accountancy Boards 2020 Question Paper Solved Set E

Read and download CBSE Class 12 Accountancy Boards 2020 Question Paper Solved Set E designed as per the latest question paper pattern and Class 12 examination guidelines issued by CBSE, NCERT and KVS. The past year Question Papers for Class 12 Accountancy have been provided with solutions which will help students to assess their performance and find out topics in Accountancy Class 12 which they need to improve to get better marks in Class 12 exams. After solving these last year papers also refer to solved Sample Papers for Class 12 Accountancy available on our website to build strong understanding of the subject

Accountancy Question Paper Class 12

Students can refer to the below Class 12 Accountancy Question Paper designed to help students understand the pattern of questions that will be asked in Class 12 exams. Please download CBSE Class 12 Accountancy Boards 2020 Question Paper Solved Set E

Accountancy Class 12 Question Paper

ACCOUNTANCY
1. Riva, Meetu and Asha were partners in a firm sharing profit and losses in the ratio of 1 : 2 : 3. Meetu died on 31st July, 2019. According to the partnership agreement, her share of profit 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 her death. Profits of the firm for the years ending 31st March, 2018 and 31st March, 2019 were ₹ 46,000 and ₹ 44,000 respectively. The firm closes its books on
31st March every year. Meetu’s share of profit till the date of her death will be :
(A) ₹ 20,000
(B) ₹ 5,000
(C) ₹ 10,000
(D) ₹ 45,000
 
2. 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.
 
3. 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.
 
4. Supreme Ltd. issued 1,000, 11% 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 :
(A) ₹ 25,000
(B) ₹ 27,500
(C) ₹ 16,500
(D) ₹ 15,000
 
5. Fill in the blanks for the transaction ‘Interest on drawings’ ₹ 4,000. 1
                                          Journal
Date             Particulars                    L.F.       Dr.         Cr.
                                                                   ₹           ₹
          ......................... Dr.                       4,000
         To .............................                                  4,000
    (Being Interest on drawings charged)
 
6. On 1st April, 2018, Queens Club had a Prize Fund of ₹ 4,00,000. During the year it incurred expenses on prizes amounting to ₹ 4,30,000. The balance of Prize Fund in the Balance Sheet as on 31st March, 2019 will be :
(A) ₹ 30,000
(B) ₹ 4,00,000
(C) (₹ 30,000)
(D) Zero
Please click on below link to download CBSE Class 12 Accountancy Boards 2020 Question Paper Solved Set E.
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 E

We hope you liked the above provided CBSE Class 12 Accountancy Boards 2020 Question Paper Solved Set E. To get an understanding of the type of questions which were asked in previous year exams, it is important for Class 12 students to refer to CBSE Class 12 Accountancy Boards 2020 Question Paper Solved Set E that we have provided above. Students can download all the Question Papers for Class 12 Accountancy which were issued in the exams so that you can practise them and solve all types of questions which have been asked till now. By doing all CBSE Class 12 Accountancy Boards 2020 Question Paper Solved Set E PYP (previous year papers) you will understand the regular questions and MCQ questions for Class 12 Accountancy which are always asked and learn them so that you can get full marks in those questions. You can download CBSE Class 12 Accountancy Previous Year Question Papers and Class 12 Accountancy Sample Papers in PDF. You should attempt all the last year question paper for Class 12 and Class 12 Accountancy MCQ Test in examination conditions at home and then compare their answers with the solutions provided by our teachers.
 

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