# CBSE Class 12 Accountancy Question Paper 2006 (2)

Read and download CBSE Class 12 Accountancy Question Paper 2006 (2) 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

## Accountancy Question Paper Class 12 2006

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 Question Paper 2006 (2)

### Accountancy Class 12 Question Paper 2006

CBSE Class 12 Accountancy Question Paper 2006 (2). Students can download the last year question papers using the link below. Free download of examination question papers with solutions.Last 10 year question papers should be practised to get better marks in examinations.

PART - A

Q. 1. How would you calculate interest on drawings of equal amounts drawn on the 1st day of every month?

Q. 2. What is meant by Calls in Advance?

Q. 3. What is meant by forfeiture of shares?

Q. 4. What does an Irredeemable Debenture mean?

Q. 5. On March 31, 2005 after the close of books of accounts, the capital accounts of A, B and C stood at Rs. 24,000; Rs. 20,000 and Rs. 12,000 respectively. The profit for the year Rs. 36,000 was distributed equally. Subsequently it was discovered that interest on capital @ 5% p.a. had been omitted. The profit sharing ratio was 2: 2: 1. Pass an adjustment journal entry.

Q. 6. Mona Ltd. acquired assets of Rs. 50 lakhs and took over creditors of Rs. 5 lakhs from Ram Enterprises. Mona Ltd. issued 8% Debentures of Rs. 100 each at a premium of 25% as purchase consideration. Record necessary journal entries in the books of Mona Ltd .

Q. 7.i. A and B are partners in a firm sharing profits in the ratio of 3: 2. C is admitted as a partner. A and B surrender 1/2 of their respective share in favour of C. Find the new profit sharing ratio and also the sacrificing ratio.

ii. C is to bring his share of premium for goodwill in cash. The goodwill of the firm is estimated at Rs. 40,000. Pass necessary entries for the record of goodwill in the above case.

Q. 8. The partnership between M and N was dissolved on March 3, 2005. Their capitals on that date were Rs. 1, 70, 000 and Rs. 30,000 respectively. Rs. 1, 00,000 was owed by the firm to M, and N owed to the firm Rs. 50,000. Creditors on that date were Rs. 3, 00, 000. The assets realised Rs. 5, 80,000 exclusive of what was owed by N. Find the profit or loss on realisation.

Q. 9. Y Ltd. forfeited 1,500 shares of Rs. 10 each (Rs. 7 called up) for the non- payment of the allotment money of Rs. 4 per share including Re. 1 as premium. Of these 1,000 shares were re-issued to Mat Rs. 6 per share as Rs. 7 called up. Journalise the above transactions in the books of Y Ltd.

Q. 10. Z Ltd. issued 12% debentures of Rs. 100 each valued at Rs. 4, 00,000 at a discount of 6%,repayable at par in equal proportions at the end of the 2nd, 4th and 6th year. Calculate the amount of discount to be written off at the end of each year and prepare Discount on Issue of Debentures Account.

Q. 11. A Ltd. issued 20,000 equity shares of Rs. 10 each at a discount of Re. 1 payable as Rs. 3 on application, Rs. 3 on allotment (after discount) and Rs. 3 on call. The issue was oversubscribed to the extent of 15,000 shares, and the allotment was done as follows:

i. Applicants of 5,000 shares were given full allotment,

ii. Other applicants of shares were allotted shares on a pro-rata basis. The excess application money received was to be adjusted against allotment only. All moneys due were received with the exception of the call money on 600 shares. Pass necessary journal entries to record the above transactions.

Q. 12. Rohit Ltd. purchased for cancellation 1000 of its own 8% debentures of Rs. 250 each at Rs. 200 per debenture. The Board of Directors have also decided to transfer the required amount to Debenture Redemption Reserve Account. Journalise the transactions in the books of Rohit Ltd.

Please click the link below to download pdf file of CBSE Class 12 Accountancy Question Paper 2006 (2)

## Tags:

Click to View or Download pdf file
Click for more Accountancy Study Material
 CBSE Class 12 Accountancy Question Paper 2021 Set A Solved CBSE Class 12 Accountancy Question Paper 2021 Set B Solved CBSE Class 12 Accountancy Question Paper 2021 Set C Solved CBSE Class 12 Accountancy Question Paper 2021 Set D Solved
 CBSE Class 12 Accountancy Boards 2020 Question Paper Solved Set A CBSE Class 12 Accountancy Boards 2020 Question Paper Solved Set B CBSE Class 12 Accountancy Boards 2020 Question Paper Solved Set C CBSE Class 12 Accountancy Boards 2020 Question Paper Solved Set D CBSE Class 12 Accountancy Boards 2020 Question Paper Solved Set E CBSE Class 12 Accountancy Boards 2020 Question Paper Solved Set F CBSE Class 12 Accountancy Boards 2020 Question Paper Solved Set G CBSE Class 12 Accountancy Boards 2020 Question Paper Solved Set H CBSE Class 12 Accountancy Boards 2020 Question Paper Solved Set I CBSE Class 12 Accountancy Boards 2020 Question Paper Solved Set J CBSE Class 12 Accountancy Compartment Question Paper Solved 2020 CBSE Class 12 Accountancy Question Paper 2020 Set A CBSE Class 12 Accountancy Question Paper 2020 Set B
 CBSE Class 12 Accountancy Question Paper Solved 2019 Set A CBSE Class 12 Accountancy Question Paper Solved 2019 Set B CBSE Class 12 Accountancy Question Paper Solved 2019 Set C CBSE Class 12 Accountancy Question Paper Solved 2019 Set D CBSE Class 12 Accountancy Question Paper Solved 2019 Set E CBSE Class 12 Accountancy Question Paper Solved 2019 Set F CBSE Class 12 Accountancy Question Paper Solved 2019 Set G CBSE Class 12 Accountancy Question Paper Solved 2019 Set H CBSE Class 12 Accountancy Question Paper Solved 2019 Set I CBSE Class 12 Accountancy Question Paper Solved 2019 Set J CBSE Class 12 Accountancy Question Paper Solved 2019 Set K CBSE Class 12 Accountancy Question Paper Solved 2019 Set L CBSE Class 12 Accountancy Question Paper Solved 2019 Set M CBSE Class 12 Accountancy Question Paper Solved 2019 Set N CBSE Class 12 Accountancy Question Paper Solved 2019 Set O
 CBSE Class 12 Accountancy Board Question Paper Solved 2018 Set 1 CBSE Class 12 Accountancy Board Question Paper Solved 2018 Set 2 CBSE Class 12 Accountancy Board Question Paper Solved 2018 Set 3 CBSE Class 12 Accountancy Compartment Question Paper Solved 2018 Set 1 CBSE Class 12 Accountancy Compartment Question Paper Solved 2018 Set 2 CBSE Class 12 Accountancy Compartment Question Paper Solved 2018 Set 3
 CBSE Class 12 Accountancy Question Paper All India with Answers 2017 (1) CBSE Class 12 Accountancy Question Paper All India with Answers 2017 (2) CBSE Class 12 Accountancy Question Paper All India with Answers 2017 (3) CBSE Class 12 Accountancy Question Paper Delhi with Answers 2017 (1) CBSE Class 12 Accountancy Question Paper Delhi with Answers 2017 (2) CBSE Class 12 Accountancy Question Paper Delhi with Answers 2017 (3) CBSE Class 12 Accountancy Question Paper Foreign with Answers 2017 (1) CBSE Class 12 Accountancy Question Paper Foreign with Answers 2017 (2) CBSE Class 12 Accountancy Question Paper Foreign with Answers 2017 (3)
 CBSE Class 12 Accountancy Question Paper 2016 Set 1 CBSE Class 12 Accountancy Question Paper 2016 Set 1 Delhi CBSE Class 12 Accountancy Question Paper 2016 Set 1 Foreign CBSE Class 12 Accountancy Question Paper 2016 Set 2 CBSE Class 12 Accountancy Question Paper 2016 Set 2 Delhi CBSE Class 12 Accountancy Question Paper 2016 Set 2 Foreign CBSE Class 12 Accountancy Question Paper 2016 Set 3 CBSE Class 12 Accountancy Question Paper 2016 Set 3 Delhi CBSE Class 12 Accountancy Question Paper 2016 Set 3 Foreign
 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)
 CBSE Class 12 Accountancy Question Paper 2014 Set 1 - Delhi CBSE Class 12 Accountancy Question Paper 2014 Set 1 - Foreign CBSE Class 12 Accountancy Question Paper 2014 Set 1 - Outside Delhi CBSE Class 12 Accountancy Question Paper 2014 Set 2 - Delhi CBSE Class 12 Accountancy Question Paper 2014 Set 2 - Foreign CBSE Class 12 Accountancy Question Paper 2014 Set 2 - Outside Delhi CBSE Class 12 Accountancy Question Paper 2014 Set 3 - Delhi CBSE Class 12 Accountancy Question Paper 2014 Set 3 - Foreign CBSE Class 12 Accountancy Question Paper 2014 Set 3 - Outside Delhi CBSE Class 12 Accountancy Question Paper SA1 2014 (1) CBSE Class 12 Accountancy Question Paper SA1 2014 (2) CBSE Class 12 Accountancy Question Paper SA1 2014 (3) CBSE Class 12 Accountancy Question Paper SA2 2014
 CBSE Class 12 Accountancy Question Paper - Delhi 2013 (1) CBSE Class 12 Accountancy Question Paper - Delhi 2013 (2) CBSE Class 12 Accountancy Question Paper - Delhi 2013 (3) CBSE Class 12 Accountancy Question Paper - Foreign 2013 (1) CBSE Class 12 Accountancy Question Paper - Foreign 2013 (2) CBSE Class 12 Accountancy Question Paper - Foreign 2013 (3) CBSE Class 12 Accountancy Question Paper - Outside Delhi 2013 (1) CBSE Class 12 Accountancy Question Paper - Outside Delhi 2013 (2) CBSE Class 12 Accountancy Question Paper - Outside Delhi 2013 (3) CBSE Class 12 Accountancy Question paper 2013 CBSE Class 12 Accountancy Question Paper SA1 2013 CBSE Class 12 Accountancy Question Paper SA2 2013
 CBSE Class 12 Accountancy Question Paper 2012 CBSE Class 12 Accountancy Question Paper SA1 2012 (1) CBSE Class 12 Accountancy Question Paper SA1 2012 (2)
 Accountancy Question paper 2008 CBSE Class 12 Accountancy Question Paper 2008 CBSE Class 12 Accounts Question Paper 2008 CBSE Class 12 Accounts Question Paper 2008 Answers(2) CBSE Class 12 Accounts Question Paper 2008(2)
 CBSE Class 12 Accountancy Question Paper 2007 (1) CBSE Class 12 Accountancy Question Paper 2007 (2) CBSE Class 12 Accountancy Question Paper 2007 (3)
 CBSE Class 12 Accountancy Question Paper 2006 (1) CBSE Class 12 Accountancy Question Paper 2006 (2) CBSE Class 12 Accountancy Question Paper 2006 (3) CBSE Class 12 Accountancy Question Paper 2006 (4)
 CBSE Class 12 Accountancy Question Paper 2005 (1) CBSE Class 12 Accountancy Question Paper 2005 (2)
 CBSE Class XII Accountancy Question Paper 1 CBSE Class XII Accountancy Question Paper 2 CBSE Class XII Accountancy Question Paper 3 CBSE Class XII Accountancy Question Paper 4 CBSE Class XII Accountancy Question Paper 2009
 CBSE Class 12 Accountancy Question Paper 2022 Set A Solved CBSE Class 12 Accountancy Question Paper 2022 Set B Solved CBSE Class 12 Accountancy Question Paper 2022 Set C Solved CBSE Class 12 Accountancy Question Paper 2022 Set D Solved

## Latest NCERT & CBSE News

Read the latest news and announcements from NCERT and CBSE below. Important updates relating to your studies which will help you to keep yourself updated with latest happenings in school level education. Keep yourself updated with all latest news and also read articles from teachers which will help you to improve your studies, increase motivation level and promote faster learning

### Pariksha Pe Charcha 2022

The 5th edition of Pariskhas Pe Charcha the unique interactive program of Hon’ble Prime Minister with students teaches and parents will be held through virtual mode in February, 2022. In order to select participants who will be featured in Pariksha Pe Charcha programme...

### Celebration of Matribhasha Diwas Mother Language day

UNESCO has declared 21st February of every year to be celebrated as International Mother Language day to promote dissemination of Mother Language of all, create awareness of linguistic and cultural traditions and diversity across the world and to inspire solidarity...

### All India Children Educational Audio Video Festival

The Central Institute of Educational Technology (CIET), a constituent unit of National Council of Educational Research and Training (NCERT), is inviting entries for the 26th All India Children’s Educational Audio Video Festival (AICEAVF). This festival showcases the...

### CBSE Reading Challenge

The acquisition of 21st century competencies of communication, critical and creative thinking and the ability to locate, understand and reflect on various kinds of information has become more crucial for our learners. It is well accepted that Reading Literacy is not...

### National Youth Day and Birth Anniversary of Swami Vivekananda

Ministry of Education, Govt. of India vide D.O No. 12-4/2021-IS.4 dated 04.01.2022 intimated that 12 January 2022 will be celebrated as “National Youth Day” and “Birth Anniversary of Swami Vivekananda”.   All Schools affiliated to CBSE may celebrate 12 January 2022 as...

### Online courses for classes XI and XII offered by NCERT

Ministry of Education (MoE), Government of India has launched a platform for offering Massive Open Online Courses (MOOCs) that is popularly known as SWAYAM (Study Webs of Active learning for Young Aspiring Minds) on 9 th July, 2017. NCERT now offers online courses for...