Read and download CBSE Class 12 Accountancy Question Paper 2015 Foreign 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 Foreign Set 3 with Answers (Reval)
Accountancy Class 12 Question Paper
CBSE Class 12 Accountancy Question Paper 2015 Foreign 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. ‘Samta Limited’ invited applications for issuing 6,750 equity shares of Rs.10 each. The amount was payable as follows :
On application – Rs.3 per share
On allotment – Rs.5 per share
On first and final call – Rs. 2 per share
The issue was fully subscribed. Subhash applied for 250 shares and paid his entire share money with application. Moti applied for 175 shares and paid allotment money also with application. The amount received with applications was :
(a) Rs.16,750
(b) Rs.16,000
(c) Rs.19,250
(d) Rs. 22,875
2. Give the meaning of forfeiture of shares.
3. Deepak, Farukh and Lilly were partners in a firm sharing profits in the ratio of 3 : 2 : 1. On 28.2.2015 Farukh retired from the firm. On Farukh’s retirement there was a balance of Rs.12,000 in Workmen’s Compensation Reserve which was no more required. On Farukh’s retirement this amount will be :
(a) Debited to the Capital accounts of all the partners in their profit sharing ratio.
(b) Credited to the Capital accounts of all the partners in their profit sharing ratio.
(c) Credited to the Capital accounts of Deepak and Lilly in their profit sharing ratio.
(d) Credited to the Capital account of Farukh.
4. Anurag and Bhawana entered into partnership on 1.4.2014. On 1.1.2015 they admitted Monika as a new partner for th 10 3 share in the profits which she acquired equally from Anurag and Bhawana. The new profit sharing ratio of Anurag, Bhawana and Monika was 4 : 3 : 3. Calculate the profit sharing ratio of Anurag and Bhawana at the time of forming the partnership.
5. Kamal and Vimal were partners in a firm sharing profits in the ratio of 3 : 2. Ghosh was admitted as a new partner for 1⁄5 share in the profits. On Ghosh’s admission the Balance Sheet of the firm showed a credit balance of Rs.10,000 in its Profit and Loss Account which was debited by the accountant of the firm in the accounts of Kamal and Vimal. Did the accountant give correct treatment to the balance of Profit and Loss Account ? If ‘yes’ give the reason and if ‘not’ give the correct treatment.
6. In the absence of partnership agreement, interest on drawings of a partner is charged :
(i) at 6% per annum.
(ii) at 9% per annum.
(iii) at 12% per annum.
(iv) no interest is charged.
Please click the link below to download pdf file of CBSE Class 12 Accountancy Question Paper 2015 Foreign Set 3 with Answers (Reval)
| 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) |
| 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 2015 Foreign Set 3 with Answers (Reval)
We hope you liked the above provided CBSE Class 12 Accountancy Question Paper 2015 Foreign 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 Foreign 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. By doing all CBSE Class 12 Accountancy Question Paper 2015 Foreign 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. You can download CBSE Class 12 Accountancy Previous Year Question Papers and Class 12 Accountancy Sample Papers in PDF. 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.
Importance of solving CBSE Class 12 Accountancy Question Paper 2015 Foreign Set 3 with Answers (Reval)
By regularly practicing CBSE Class 12 Accountancy Question Paper 2015 Foreign Set 3 with Answers (Reval) students will be able to improve marks in Class 12 Accountancy exams. These question papers provide a very clear idea about the exam and paper structure, marking scheme, and frequently asked questions by teachers. By solving CBSE Class 12 Accountancy Question Paper 2015 Foreign Set 3 with Answers (Reval), students can improve their time management skills and also learn to answer Accountancy questions correctly within the Class 12 exam duration. Apart from learning concepts and solving the CBSE Class 12 Accountancy Question Paper will help you to boost your practical experience and also build confidence to face the actual examination.
Benefits of downloading CBSE Class 12 Accountancy Question Papers in PDF
Downloading the CBSE Class 12 Accountancy Question Paper 2015 Foreign Set 3 with Answers (Reval) in PDF format will help you to read these papers anytime and anywhere. These question papers with answers act as a reliable tool to revise key concepts, practice numerical problems, and understand the correct approach to answer each question. By attempting the CBSE Class 12 Accountancy Question Paper 2015 Foreign Set 3 with Answers (Reval), you can assess your preparation level and identify weak areas on which you have to focus upon. Along with these question papers our teachers say that you should solve Sample Papers for Class 12 Accountancy to improve overall preparation.
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