# CBSE Class 12 Accountancy Question Paper Solved 2019 Set F

Read and download CBSE Class 12 Accountancy Question Paper Solved 2019 Set F 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 F

### Accountancy Class 12 Question Paper 2019

CBSE Class 12 Accountancy Question Paper Solved 2019 Set F. 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 ‘Private Placement of Shares’ ?

OR

What is meant by ‘Reserve Capital’ ?

2. Kiya and Leela are partners sharing profits in the ratio of 3 : 2. Kiran was admitted as a new partner with 1/5 th share in the profits and brought in Rs. 24,000 as her share of goodwill premium that was credited to the capital accounts of Kiya and Leela respectively with Rs.18,000 and Rs. 6,000. Calculate the new profit sharing ratio of Kiya, Leela and Kiran.

3. Dinkar, Navita and Vani were partners sharing profits and losses in the ratio of 3 : 2 : 1. Navita died on 30th June, 2017. Her share of profit for the intervening period was based on the sales during that period, which were RS. 6,00,000. The rate of profit during the past four years had been 10% on sales. The firm closes its books on 31st March every year. Calculate Navita’s share of profit.

4. State the main aim of a not-for-profit organisation.

OR

How is ‘Life membership fee’ treated while preparing the financial statements of a not-for-profit organisation ?

5. A new partner acquires two main rights in the partnership firm which he joins. State one of these rights.

OR

How does ‘Nature of business’ affect the value of goodwill of a firm ?

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