CBSE Class 12 Accountancy Question Paper 2016 Set 3

Read and download CBSE Class 12 Accountancy Question Paper 2016 Set 3 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 2016 Set 3

Accountancy Class 12 Question Paper

CBSE Class 12 Accountancy Question Paper 2016 Set 3. 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.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 During the year ended  31.3.2015 Tom had withdrawn RS  40,000.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.

Pass necessary journal entry for charging interest on drawings assuming that the capitals of the  partners were fluctuating.             

2.State  the provisions  of Companies  Act,  2013 for the creation  of 'Debenture Redemption Reserve'.

3.Distinguish between 'Dissolution of partnership' and 'Dissolution of partnership firm' on the basis  of 'Economic Relationship'.

4 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.

Pass  the  necessary  journal  entry  for the  amount  received  by  opening calls - in - arrears  and calls - in - advance account in the books of the company.

5.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.

6.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.

7.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.

8. 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.

9. On 2.3.2016 L and B Ltd. issued 635, 9 debentures of RS  500 each. Pass necessary  journal  entries  for the  issue  of debentures  in  the  followingsituations :

(a) When debentures  were issued  at 5    discount,  redeemable  at 10 premium.

(b)When debentures  were issued  at 12    premium,  redeemable  at 6 premium

10. State any three circumstances other than (i) death of a partner, (ii) admission of a partner and (iii) retirement of a partner when need for valuation of goodwill of a firm may arise.

Please click below link CBSE Class 12 Accountancy Question Paper 2016 Set 3

2015
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)

More Study Material

Previous Year Question Paper Accountancy Class 12

We hope you liked the above provided CBSE Class 12 Accountancy Question Paper 2016 Set 3. 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 2016 Set 3 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 2016 Set 3 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 2016 Set 3 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 2016 Set 3 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.

Class 12 Accountancy Model Question Paper Pdf Download

We have provided links above of CBSE Class 12 Accountancy Question Paper 2016 Set 3 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 2016 Set 3 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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