Read CBSE Class 12 Accountancy Question Paper 2006 Set 04 below. Find downloadable Class 12 Accountancy previous year question papers complete with answers, aligned with the 2026-27 assessment patterns of CBSE, NCERT, and KVS. Reviewing these sets helps every Class 12 learner check their readiness for upcoming exams.
CBSE Class 12 Accountancy Exam Question Papers
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Download Class 12 Accountancy Exam Paper with Answers
CBSE Class 12 Accountancy Question Paper 2006 (4). 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. Give the meaning of partnership deed.
Q. 2. What is meant by ‘private placement’ of shares?
Q. 3. Jay Ltd. issued 10,000, 8% debentures of Rs. 100 each at a premium of 10% redeemable at a premium of 2% after 5 years.Pass necessary journal entries for the issue of 8% debentures.
Q. 4. Ghosh Ltd. made the second and final call on its 50,000 equity shares @ Rs.2 per share on 1.1.2006. The whole amount was received on 15.1.2006 except on 100 shares allotted to Venkat.Pass necessary journal entry for the call money due and received by opening ‘calls-in-arrears account’.
Q. 5. Suman and Poonam were partners in a firm sharing profits in 3: 2 ratios. From 1.3.2006 they decided to change it to 3: 1. For this purpose the goodwill of the firm was valued at Rs. 1, 20,000.
Pass the necessary journal entry for the treatment of goodwill.
Q. 6.(i). A, B and C were partners sharing profits in the ratio of 5 : 3 : 2. B retires on 1.1.2006 with A and C agreeing to share the profits in future in the ratio of 6: 4. Find the gain ratio.
ii. On 1.3.2006 A and C admitted D into the partnership, their profit sharing ratio being 5 : 4 : 3 respectively. Assuming before admission the profit sharing ratio of A and C was equal, find the sacrifice ratio.
Q. 7. Sagar and Santa were partners in a firm sharing profits in 3: 2 ratios. On, 28.2.2006 their firm was dissolved. On that date the balances in their capital accounts were Sagar Rs. 20,000 (Cr.), Santa Rs. 5,000 (Dr.). There was a debit balance of Rs. 15,000 in the profit and loss account. The general reserve account had a balance of Rs. 30,000. Dissolution resulted into a gain of Rs. 75,000.You are required to prepare the capital accounts of the partners at the time of dissolution assuming that the necessary cash was paid to or brought in by the partners for final settlement as the case may be.
Q. 8. X Ltd. forfeited 150 shares of Rs. 20 each issued at a premium of Rs. 5 per share for the non-payment of the second and final call of Rs. 7 per share. 100of these shares were reissued @ Rs 21 per share fully paid. Journalise the above transactions regarding the forfeiture and reissue.
Q. 9. J.B. Ltd. issued Rs. 10, 00,000, 6% debentures at a premium of 4% redeem able at a premium of 5% after four years. The debentures were issued on 1.1.2001. Pass the journal entries at the time of issue and redemption of debentures.
Q. 10. Thandak Refrigerators Ltd. had an outstanding balance of 5,000, 6% debentures of Rs. 100 each redeemable at a premium of 10%. According to the terms of redemption, the company redeemed 10% of these debentures by converting them into 8% preference shares of Rs. 100 each issued at a premium of 10%. Calculate the number of shares to be issued on conversion and record journal entries for the redemption in the books of the company.
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Past Exam Papers & Solutions for Class 12 Accountancy
Last 10 Years Question Papers for Class 12 Accountancy
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Making use of the CBSE Class 12 Accountancy Question Paper 2006 Set 04 regularly optimizes your final Class 12 Accountancy score. These files outline the critical marking scheme and evaluation layout established by the CBSE. Attempting them under strict exam environments trains your pacing, guaranteeing you can finish the Accountancy exam duration efficiently.
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FAQs
The CBSE Class 12 Accountancy Question Paper 2006 Set 04 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.
Yes, the solutions for CBSE Class 12 Accountancy Question Paper 2006 Set 04 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.
Solving previous year papers like CBSE Class 12 Accountancy Question Paper 2006 Set 04 is important to understand repeat themes and question difficulty levels of Accountancy. It helps Class 12 students to test their time management skills too.
Yes, where applicable, CBSE Class 12 Accountancy Question Paper 2006 Set 04 is available in both English and Hindi mediums. All students from Class 12 can access Accountancy study material in their preferred language.
No, all previous year question papers on StudiesToday, including CBSE Class 12 Accountancy Question Paper 2006 Set 04, are provided free of charge in mobile-friendly PDF.