Access and download CBSE Class 12 Accountancy Question Paper 2016 Set 02, carefully designed as per the latest 2026-27 examination guidelines issued by CBSE, NCERT, and KVS. These Class 12 Accountancy previous year question papers include detailed solutions, helping students to assess their performance and identify and improve key areas before the final exams.
CBSE Class 12 Accountancy Exam Question Papers
Practicing these Class 12 Accountancy question papers is the best way to understand the actual exam pattern and marking scheme. By solving these papers under timed conditions, Class 12 students can improve their speed and accuracy. Download the full CBSE Class 12 Accountancy Question Paper 2016 Set 02 to begin your self-assessment today.
Download Class 12 Accountancy Exam Paper with Answers
CBSE Class 12 Accountancy Question Paper 2016 Set 2. The 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.
Accountancy
1. On 28.2.2016 the first call of RS 2 per share became due on 50,000 equity shares alloted by Kumar Ltd. Komal a holder of 1000 shares did not pay the first call money. Kovil a holder of 750 shares paid the second and final call of RS 4 per share alongwith the first call.
2. Distinguish between 'Dissolution of partnership' and 'Dissolution of partnership firm' on the basis of 'Economic Relationship'.
3. State the provisions of Companies Act, 2013 for the creation of 'Debenture Redemption Reserve'.
4.Tom and Harry were partners in a firm sharing profits in the ratio of 5 : 3. During the year ended 31.3.2015 Tom had withdrawn RS 40,000. Interest on his drawings amounted to RS 2,000.
5. A group of 40 people wants to form a partnership firm. They want your advice regarding the maximum number of persons that can be there in a partnership firm and the name of the Act under whose provisions it is given.
6. P, Q and R were partners in a firm sharing profits in the ratio of 3 : 2 : 1. They admitted S as a new partner for 1/8 th share in the profits which he acquired 1/16th from P and 1/16th from Q.
Calculate new profit sharing ratio of P, Q, R and S.
7.To provide employment to the youth and to develop Baramula district of Jammu and Kashmir, Jyoti Power Ltd. decided to setup a power plant. For raising funds the company decided to issue 8,50,000 equity shares of RS 10 each at a premium of RS 3 per share. The whole amount was payable on application. Applications for 20,00,000 shares were received. Applications for 3,00,000 shares were rejected and shares were alloted to the remaining applicants on pro - rata basis. Pass necessary journal entries for the above transactions in the books of the company and identify any two values which the company wants to propagate.
8. .K Ltd. took over the assets of RS 15,00,000 and liabilities of RS 5,00,000 of P Ltd. for a purchase consideration of RS 13,68,500. RS 25,500 were paid by issuing a promissory note in favour of P Ltd. payable after two months and the balance was paid by issue of equity shares of RS 100 each at a premium of 25.
Pass necessary journal entries for the above transactions in the books of K Ltd.
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Free study material for Accountancy
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Understanding Exam Patterns with CBSE Class 12 Accountancy Question Paper 2016 Set 02
Exam preparation for Class 12 students requires solving the CBSE Class 12 Accountancy Question Paper 2016 Set 02 provided above. Easily download these past papers for Class 12 Accountancy available in PDF format for the last 10 years. Regular drills on real past papers build absolute familiarity with question styles, helping you ace both descriptive prompts and MCQ tests.
Master Marking Schemes and Time Management
Solving the CBSE Class 12 Accountancy Question Paper 2016 Set 02 routinely drives better grades in Class 12 Accountancy. Gain clear insight into the exact marking scheme and structural layouts implemented by the CBSE. Practicing under timed home conditions builds crucial pacing skills, helping you successfully complete your Accountancy examination before time runs out.
Offline Revision & Comprehensive Study Material
Storing the CBSE Class 12 Accountancy Question Paper 2016 Set 02 as a digital copy enables flexible, offline revision anytime. The resource is perfect for tackling complex numericals and learning ideal answer structures. Always verify your completed answers against our expert answer keys. Maximize your preparation by pairing these papers with our official Class 12 Accountancy sample papers and interactive MCQ tests.
FAQs
The CBSE Class 12 Accountancy Question Paper 2016 Set 02 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 2016 Set 02 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 2016 Set 02 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 2016 Set 02 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 2016 Set 02, are provided free of charge in mobile-friendly PDF.