# CBSE Class 12 Accountancy Question Paper Solved 2019 Set C

Read and download CBSE Class 12 Accountancy Question Paper Solved 2019 Set C 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 grade 12 which they need to improve to get better marks in Standard 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 2019

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 Grade 12 exams. Please download CBSE Class 12 Accountancy Question Paper Solved 2019 Set C

### Accountancy Class 12 Question Paper 2019

CBSE Class 12 Accountancy Question Paper Solved 2019 Set C. Students can download the last year board exams 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 Not-for-Profit Organizations, Partnership Firms and Companies)

1. What is meant by ‘Gaining Ratio’ on retirement of a partner ?

OR

P, Q and R were partners in a firm. On 31st March, 2018 R retired. The amount payable to R Rs. 2,17,000 was transferred to his loan account. R agreed to receive interest on this amount as per the provisions of Partnership Act, 1932. State the rate at which interest will be paid to R.

2. Atul and Neera were partners in a firm sharing profits in the ratio of 3 : 2. They admitted Mitali as a new partner. Goodwill of the firm was valued at Rs. 2,00,000. Mitali brings her share of goodwill premium of Rs. 20,000 in cash, which is entirely credited to Atul’s Capital Account. Calculate the new profit sharing ratio.

3. Chhavi and Neha were partners in a firm sharing profits and losses equally. Chhavi withdrew a fixed amount at the beginning of each quarter. Interest on drawings is charged @ 6% p.a. At the end of the year, interest on Chhavi’s drawings amounted to Rs. 900. Pass necessary journal entry for charging interest on drawings.

4. What is meant by ‘Issued Capital ?

OR

What is meant by ‘Employees Stock Option Plan’ ?

5. How are Specific donations treated while preparing final accounts of a ‘Not-For-Profit Organisation’ ?

OR

State the basis of accounting of preparing ‘Income and Expenditure Account’ of a Not- For-Profit Organisation.

6. State any two situations when a partnership firm can be compulsorily dissolved.

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