CBSE Class 12 Accountancy Boards 2020 Question Paper Solved Set H

Read and download CBSE Class 12 Accountancy Boards 2020 Question Paper Solved Set H 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 grade 12 which they need to improve to get better marks in Standard 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

Question Paper for Class 12 Accountancy 2020 Pdf

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 Grade 12 exams. Please download CBSE Class 12 Accountancy Boards 2020 Question Paper Solved Set H

Accountancy Class 12 Question Paper 2020

PART – A
(Accounting for Not-for-profit-organizations,
Partnership Firms and Companies)
1. Capital Reserve is created out of ______ profits.
 
2. Avya, Divya and Kavya were equal partners. They decided to change the profit sharing ratio to 4 : 3 : 2. For this purpose the goodwill of the firm was valued at ` 90,000.
The journal entry for the treatment of Goodwill on change in profit sharing ratio will be :
             Particular                                       Debit           Credit
                                                               Amt. (₹)       Amt. (₹)
(a) Kavya’s Capital A/c. Dr. 10,000
               To Avya’s Capital A/c. 10,000
(b) Divya’s Capital A/c. Dr. 10,000
               To Avya’s Capital A/c. 10,000
(c) Avya’s Capital A/c. Dr. 90,000
               To Kavya’s Capital A/c. 90,000
(d) Avya’s Capital A/c. Dr. 10,000
               To Kavya’s Capital A/c. 10,000
 
3. Mohit, Shobhit and Rohit are partners sharing profits and losses in the ratio 2 : 1 : 1. Rohit is guaranteed a profit of ₹14,000. The firm incurred a profit of ₹20,000 during the year. Calculate the amount of deficiency borne by Mohit and Shobhit.
 
4. Which of the following is not a purpose for which the Securities Premium amount can be used ?
(a) Issuing fully paid bonus shares to shareholders.
(b) Issuing partly paid up bonus shares to shareholders.
(c) Writing off preliminary expenses of the company.
(d) In purchasing its own shares (buy back)
 
5. Tangible Assets of the firm are ₹ 14,00,000 and outside liabilities are`₹ 4,00,000. Profit of the firm is ₹ 1,50,000 and normal rate of return is
10%. The amount of Capital employed will be
(a) ₹ 10,00,000           (b) ₹ 1,00,000
(c) ₹ 50,000                (d) ₹ 20,000 
 
6. Income and Expenditure Account records :
(a) Receipts and Payments of Revenue and Capital nature both.
(b) Income and Expenditure of Revenue nature only.
(c) Expenditure of Capital nature only.
(d) Receipts of Revenue nature only.
 
7. When the business of the firm becomes illegal, the way of dissolution of the firm is ________.
 
8. Amla, Bimla and Kavita were partners sharing profits and losses in the ratio of 4 : 3 : 1. Bimla retires and gives her share of profit to Amla for ` 3,600 and to Kavita for ` 3,000. The gaining ratio of Amla and Kavita will be :
(a) 4 : 5                    (b) 2 : 1
(c) 6 : 5                    (d) 4 : 1
Please click on below link to download CBSE Class 12 Accountancy Boards 2020 Question Paper Solved Set H.
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)

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