# CBSE Class 12 Accountancy Question Paper 2015 Delhi Set 3 with Answers (Reval)

Read and download CBSE Class 12 Accountancy Question Paper 2015 Delhi Set 3 with Answers (Reval) 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 Question Paper 2015 Delhi Set 3 with Answers (Reval)

### Accountancy Class 12 Question Paper

CBSE Class 12 Accountancy Question Paper 2015 Delhi Set 3 with Answers (Reval). 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

(Accounting for Partnership Firms and Companies)

1. On the retirement of Hari from the firm of ‘Hari, Ram and Sharma’ the balance-sheet showed a debit balance of ` 12,000 in the profit and loss account. For calculating the amount payable to Hari this balance will be transferred

(a) to the credit of the capital accounts of Hari, Ram and Sharma equally

(b) to the debit of the capital accounts of Hari, Ram and Sharma equally

(c) to the debit of the capital accounts of Ram and Sharma equally

(d) to the credit of the capital accounts of Ram and Sharma equally

2. Kumar, Verma and Naresh were partners in a firm sharing profit & loss in the ratio of 3 : 2 : 2. On 23rd January, 2015 Verma died. Verma’s share of profit till the date of his death was calculated at Rs.2,350. Pass necessary journal entry for the same in the books of the firm.

3. Give the meaning of forfeiture of shares.

4. Joy Ltd. issued 1,00,000 equity shares of  Rs.10 each. The amount was payable as follows :

On application – Rs.3 per share.

On allotment – Rs.4 per share.

On 1st and final call – balance

Applications for 95,000 shares were received and shares were allotted to all the applicants. Sonam to whom 500 shares were allotted failed to pay allotment money and Gautam paid his entire amount due including the amount due on first and final call on the 750 shares allotted to him along with allotment. The amount received on allotment was

(a) Rs. 3,80,000

(b) Rs. 3,78,000

(c) Rs.3,80,250

(d) Rs.4,00,250

5. In the absence of partnership deed the profits of a firm are divided among the partners :

(a) In the ratio of capital

(b) Equally

(c) In the ratio of time devoted for the firm’s business

(d) According to the managerial abilities of the partners

6. A, B, C and D were partners in a firm sharing profits in the ratio of 4 : 3 : 2 : 1. On 1-1-2015 they admitted E as a new partner for 1 10 share in the profits. E brought Rs.10,000 for his share of goodwill premium which was correctly recorded in the books by the accountant. The accountant showed goodwill at Rs.1,00,000 in the books. Was the accountant correct in doing so ? Give reason in support of your answer.

7. Securities premium can also be utilized for three other purposes besides (i) ‘Issuing fully paid bonus shares’ and (ii) ‘Buy back of shares’. State those purposes.

8. On 1-4-2013 Jay and Vijay, entered into partnership for supplying laboratory equipments to government schools situated in remote and backward areas. They contributed capitals of Rs.80,000 and Rs.50,000 respectively and agreed to share the profits in the ratio of 3 : 2. The partnership deed provided that interest on capital shall be allowed at 9% per annum. During the year the firm earned a profit of Rs.7,800. Showing your calculations clearly, prepare ‘Profit and Loss Appropriation Account’ of Jay and Vijay for the year ended 31-3-2014.

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### Previous Year Question Paper Accountancy Class 12

We hope you liked the above provided CBSE Class 12 Accountancy Question Paper 2015 Delhi Set 3 with Answers (Reval). 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 Question Paper 2015 Delhi Set 3 with Answers (Reval) 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 Question Paper 2015 Delhi Set 3 with Answers (Reval) 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 Question Paper 2015 Delhi Set 3 with Answers (Reval) 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 Question Paper 2015 Delhi Set 3 with Answers (Reval) 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 Question Paper 2015 Delhi Set 3 with Answers (Reval) 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 Question Paper 2015 Delhi Set 3 with Answers (Reval) 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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