CBSE Class 12 Accountancy Compartment Question Paper Solved 2020

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Access comprehensive previous year question papers for Class 12 Accountancy using the CBSE Class 12 Accountancy Compartment Question Paper Solved 2020. Designed to align with the 2026-27 CBSE academic guidelines, these solved papers help students assess their exam readiness and understand official marking schemes.

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Access the complete question paper PDF for Class 12 Accountancy below. Regular practice with these targeted exam papers builds familiarity with standard question patterns and helps secure higher marks in final evaluations.

PART A
(Accounting for Not-for-Profit Organizations, Partnership Firms and Companies)
 
1. The account which shows classified summary of transactions of a ‘Cash Book’ in a Not-for-Profit Organisation is called :
 
(A) Income and Expenditure A/c
 
(B) Receipts and Payments A/c
 
(C) Profit and Loss A/c
 
(D) Subscriptions A/c
 
2. Give the average period, in months, for charging interest on drawings of a fixed amount, withdrawn at the end of each quarter.
 
3. X, Y and Z are partners in a firm sharing profits and losses in the ratio of 6 : 4 : 1. X guaranteed a profit of < 15,000 to Z. The net profit for the year ending 31st March, 2019 was < 99,000. X’s share in the profit of the firm will be :
 
(A) < 30,000
 
(B) < 15,000
 
(C) < 48,000
 
(D) < 45,000
 
4. Average profit of a firm during the last few years is < 1,50,000. In similar business, the normal rate of return is 10% of the capital employed. Calculate the value of goodwill by capitalisation of super profit method if super profits of the firm are < 50,000. 
 
5. Goodwill is the value of ______________________ . 
 
6. A, B and C were partners in a firm sharing profits and losses in the ratio of 1/2: 1/3: 1/6  D was admitted in the firm for 1/6th share. C would retain his original share. Calculate the new profit sharing ratio.
 
7. State any one right acquired by a newly admitted partner. 
 
8. In the absence of any agreement, the rate of interest payable on the amount remaining unpaid to the executor of deceased partner is 
 
(A) 8% p.a.
 
(B) 6% p.a.
 
(C) 9% p.a.
 
(D) 12% p.a.
 
9. A, B and C were partners in a firm sharing profits and losses in the ratio of 2 : 2 : 1. On 25th February, 2019, B died. B’s share of profit till the date of his death was calculated at < 5,000.
Pass the necessary journal entry for the same in the books of the firm.
 
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Where can I download the official PDF for CBSE Class 12 Accountancy Compartment Question Paper Solved 2020?

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

Yes, the solutions for CBSE Class 12 Accountancy Compartment Question Paper Solved 2020 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.

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Can I access CBSE Class 12 Accountancy Compartment Question Paper Solved 2020 in different languages?

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