# 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 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 Compartment Question Paper Solved 2020

### Accountancy Class 12 Question Paper

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 Give the average period, in months, for charging interest on drawings of a fixed amount, withdrawn at the end of each quarter.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.

## More Study Material

### Previous Year Question Paper Accountancy Class 12

We hope you liked the above provided CBSE Class 12 Accountancy Compartment Question Paper Solved 2020. 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 Compartment Question Paper Solved 2020 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. If you do CBSE Class 12 Accountancy Compartment Question Paper Solved 2020 for Class 12 Accountancy you will easily understand the way examination question papers are set by teachers.

### Class 12 Accountancy Previous Year Question Papers

The past year question papers CBSE Class 12 Accountancy Compartment Question Paper Solved 2020 covers all the topics which have been suggested by CBSE in their Class 12 Accountancy syllabus for the current year. By doing all CBSE Class 12 Accountancy Compartment Question Paper Solved 2020 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.

We have provided links above of CBSE Class 12 Accountancy Compartment Question Paper Solved 2020 in Pdf format so that you can just click the links and easily download the papers with answers. On studiestoday, we have also provided a download and print option for all CBSE Class 12 Accountancy last year papers and Sample Papers for Class 12 Accountancy to make it more easy for students. You can download CBSE Class 12 Accountancy Previous Year Question Papers and Class 12 Accountancy Sample Papers in PDF absolutely free of cost.

#### Accountancy Previous Year Question Papers Class 12 with Solutions

We have provided CBSE Class 12 Accountancy Compartment Question Paper Solved 2020 with solutions. You will be able to understand the type of answers which you should write in Class 12 Accountancy exams to score good marks. 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. This way you will be able to identify your weak areas and also understand how the teachers of Class 12 Accountancy set their questions in the exams.

#### CBSE Class 12 Accountancy Previous Year Question Papers with solutions

We have provided the last 10 years Class 12 Accountancy Question Papers. Students who want to practice question papers from all previous years can easily get them on studiestoday. We are the leading website in India from which you can download all the latest Class 12 Accountancy study material for free as per the CBSE syllabus for Class 12 Accountancy for the current academic year.

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