CBSE Class 12 Accountancy Compartment Question Paper Solved 2020

Read and download CBSE Class 12 Accountancy Compartment Question Paper Solved 2020 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 Compartment Question Paper Solved 2020

Accountancy Class 12 Question Paper 2020

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 Give the average period, in months, for charging interest on drawings of a fixed amount, withdrawn at the end of each quarter.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.
 
Please click on below link to download CBSE Class 12 Accountancy Compartment Question Paper Solved 2020.
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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