CBSE Class 12 Accountancy Boards 2020 Question Paper Set 06 Solved

Accountancy
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Read CBSE Class 12 Accountancy Boards 2020 Question Paper Set 06 Solved below. Find downloadable Class 12 Accountancy previous year question papers complete with answers, aligned with the 2026-27 assessment patterns of CBSE, NCERT, and KVS. Reviewing these sets helps every Class 12 learner check their readiness for upcoming exams.

Practice Papers for Class 12 Accountancy

Check out these Class 12 Accountancy question papers to get familiar with actual test rules and scoring systems. Solving these papers regularly sharpens your time management and problem-solving accuracy. Access the complete CBSE Class 12 Accountancy Boards 2020 Question Paper Set 06 Solved to practice at home.

Accountancy Question Papers for Class 12 (2026-27)

ACCOUNTANCY
1. Subscribed capital is : 1
(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.
 
2. Niyati and Aisha were partners in a firm sharing profit and losses in the ratio of 4 : 3. They admitted Bina as a new partner. Niyati sacrificed 1/4 th from her share and Aisha sacrificed 1/7 th from her share in favour of Bina.
 
Bina’s share in the profits of the firm will be :
(A) 2/7
(B) 10/49
(C) 11/28
(D) 7/16
 
3. Which of the following statements is true for Receipts and Payments Account ?
(A) It is prepared on accrual basis.
(B) It records receipts and payments of revenue nature only.
(C) Depreciation is debited to this account.
(D) Receipts and payments may relate to current, preceding or succeeding periods.
 
4. When debentures are issued at discount and are redeemable at premium, the amount of discount and premium on redemption is debited to __________ account.
 
5. Nitin, Varun and Asha were partners in a firm sharing profit and losses in the ratio of 7 : 2 : 1. Asha died on 30th November, 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 her death. Profit of the firm for the years ending 31st March, 2018 and 31st March, 2019 were ₹ 36,000 and ₹ 84,000 respectively. The firm closes its books on 31st March every year. Asha’s share of profit till the date of her death will be :
(A) ₹ 16,000
(B) ₹ 4,000
(C) ₹ 8,000
(D) ₹ 12,000
 
6. 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.
 
7. 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.
 
8. Senco Ltd. issued 5,000, 8% Debentures of ₹ 100 each at par, redeemable after four years at a premium of 10%. The minimum amount invested in Debenture Redemption Investments will be :
(A) ₹ 75,000
(B) ₹ 82,500
(C) ₹ 1,25,000
(D) ₹ 1,37,500
 
9. Fill in the blanks for the transaction ‘Interest on drawings’ ₹ 4,000.
                                             Journal
Date                 Particulars                    L.F.          Dr.            Cr.
                                                                          ₹              ₹
...................................... Dr.                          4,000
                    To .............................                                4,000
(Being Interest on drawings charged)
 
10. Unique Club had a Prize Fund of ₹ 9,00,000 on 1st April, 2018. It incurred expenses on prizes amounting to ₹ 9,10,000 during the year.
The balance of Prize Fund in the Balance Sheet as on 31st March, 2019 will be :
(A) ₹ 10,000
(B) (₹ 10,000)
(C) ₹ 9,00,000
(D) Zero
Please click on below link to download CBSE Class 12 Accountancy Boards 2020 Question Paper Solved Set F.

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CBSE Class 12 Accountancy Boards 2020 Question Paper Set 06 Solved & Previous Year Question Papers for Class 12 Accountancy

Download CBSE Class 12 Accountancy Boards 2020 Question Paper Set 06 Solved for Class 12 Accountancy

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 Set 06 Solved 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.

Why Practice Class 12 Accountancy Question Papers?

Regularly practicing CBSE Class 12 Accountancy Boards 2020 Question Paper Set 06 Solved 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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Storing the CBSE Class 12 Accountancy Boards 2020 Question Paper Set 06 Solved as a digital copy enables flexible, offline revision anytime. The resource is perfect for tackling complex numericals and learning ideal answer structures. Always verify your completed answers against our expert answer keys. Maximize your preparation by pairing these papers with our official Class 12 Accountancy sample papers and interactive MCQ tests.

FAQs

Where can I download the official PDF for CBSE Class 12 Accountancy Boards 2020 Question Paper Set 06 Solved?

The CBSE Class 12 Accountancy Boards 2020 Question Paper Set 06 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 Boards 2020 Question Paper Set 06 Solved based on the official CBSE marking scheme?

Yes, the solutions for CBSE Class 12 Accountancy Boards 2020 Question Paper Set 06 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 Boards 2020 Question Paper Set 06 Solved help in preparing for the 2026 exams?

Solving previous year papers like CBSE Class 12 Accountancy Boards 2020 Question Paper Set 06 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 Boards 2020 Question Paper Set 06 Solved in different languages?

Yes, where applicable, CBSE Class 12 Accountancy Boards 2020 Question Paper Set 06 Solved is available in both English and Hindi mediums. All students from Class 12 can access Accountancy study material in their preferred language.

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No, all previous year question papers on StudiesToday, including CBSE Class 12 Accountancy Boards 2020 Question Paper Set 06 Solved, are provided free of charge in mobile-friendly PDF.