CBSE Class 12 Accountancy Question Paper Delhi with Answers 2017 (2)

Read and download CBSE Class 12 Accountancy Question Paper Delhi with Answers 2017 (2) 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 Delhi with Answers 2017 (2)

Accountancy Class 12 Question Paper

CBSE Class 12 Accountancy Question Paper Delhi with Answers 2017 (2). 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. Gupta and Sharma were partners in a firm. They wanted to admit two more members in the firm. List the categories of individuals other than minors who cannot be admitted by them.

2. Y Ltd. invited applications for issuing 2000, 9% debentures of RS  100 each at a discount of 10%. The whole amount was payable at the time of application. Applications for 2400 debentures were received and pro-rata allotment was made to all the applicants. Pass necessary journal entries for the issue of debentures.

3. A and B were partners in a firm sharing profits and losses in the ratio of 4 : 3. They admitted C as a new partner. The new profit sharing ratio between A, B and C was 3 : 2 : 2. A surrendered ¼ of his share in favour of C. Calculate B’s Sacrifice.

4. P and Q were partners in a firm sharing profits equally. Their fixed capitals were RS 1,00,000 and RS 50,000 respectively. The partnership deed provided for interest on capital at the rate of 10% per annum. For the year ended 31st march, 2016 the profits of the firm were distributed without providing interest on Capital. Pass necessary adjustment entry to rectify the error.

5. X Ltd. invited applications for issuing 1000, 9% debentures of RS 100 each at a discount of 6%. Applications for 1,200 debentures were received. Pro-rata allotment was made to all the applicants. Pass necessary Journal Entries for the issue of debentures assuming that the whole amount was payable with applications.

6. Does partnership firm has a separate legal entity ? Give reason in support of your answer.

7. XXL Ltd. converted its 500, 9% debentures of RS 100 each issued at a discount of 8% into equity shares of RS 10 each issued at a premium of 25%. Discount on issue of debentures has not yet been written off. Showing your workings clearly pass necessary Journal Entries on conversion of 9% debentures into equity shares.

8. A, B, C and D were partners in a firm sharing profits in 3 : 3 : 3 : 1 ratio. On 31st January, 2017 D retired. A, B and C decided to share future profits in the ratio of 5 : 1 : 1. On D’s retirement the goodwill of the firm was valued at RS 4,90,000. Showing your working notes clearly pass necessary Journal Entry for the treatment of goodwill in the books of the firm on D’s retirement.

More Study Material

Previous Year Question Paper Accountancy Class 12

We hope you liked the above provided CBSE Class 12 Accountancy Question Paper Delhi with Answers 2017 (2). 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 Delhi with Answers 2017 (2) 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 Delhi with Answers 2017 (2) 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 Delhi with Answers 2017 (2) 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 Delhi with Answers 2017 (2) 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 Delhi with Answers 2017 (2) 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 Delhi with Answers 2017 (2) 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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