# CBSE Class 12 Accountancy Question Paper Solved 2019 Set L

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

### Accountancy Class 12 Question Paper

CBSE Class 12 Accountancy Question Paper Solved 2019 Set L. 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 ‘Issue of Debentures as Collateral Security’ ?

OR

State the provision of the Companies Act, 2013 for the creation of Debenture Redemption Reserve.

2. Distinguish between ‘Reconstitution of Partnership’ and ‘Dissolution of Partnership Firm’ on the basis of ‘Closure of books’.

OR

State the basis of calculating the amount of profit payable to the legal representative of a deceased partner in the year of death.

3. Dev withdrew Rs. 10,000 on 15th day of every month. Interest on drawings was to be charged @ 12% per annum. Calculate interest on Dev’s drawings.

4. A and B were partners in a firm sharing profits in the ratio of 3 : 2. C and D were admitted as new partners. A sacrificed 1/4 th of his share in favour of C and B sacrificed 50% of his share in favour of D. Calculate the new profit sharing ratio of A, B, C and D.

5. Differentiate between ‘Receipts and Payments Account’ and ‘Income and Expenditure Account’ on the basis of ‘Period’.

OR

What is meant by ‘Life membership fees’ ?

6. Distinguish between ‘Dissolution of partnership’ and ‘Dissolution of partnership firm’ on the basis of settlement of assets and liabilities.

7. What is meant by ‘over-subscription’ of shares ? With the help of an example, briefly explain the alternatives available for allotment of shares in case of over-subscription.

OR

What is meant by ‘Forfeiture of shares’ ? When does ‘gain on forfeited shares’ arise and when is it transferred to capital reserve ?

8. A, B and C were partners in a firm sharing profits in the ratio of 2 : 1 : 1. On 1st April, 2018 they admitted D as a new partner. D brought Rs. 2,00,000 for his capital and Rs.24,000 for his share of goodwill premium. The new profit sharing ratio between A, B, C and D will be 1 : 2 : 1 : 1.

## More Study Material

### Previous Year Question Paper Accountancy Class 12

We hope you liked the above provided CBSE Class 12 Accountancy Question Paper Solved 2019 Set L. 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 Solved 2019 Set L 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 Solved 2019 Set L 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 Solved 2019 Set L 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 Solved 2019 Set L 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 Solved 2019 Set L 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 Solved 2019 Set L 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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Yes, you can click on the links above and download Question Papers in PDFs for Class 12 for Accountancy. Click on above link to download CBSE Class 12 Accountancy Question Paper Solved 2019 Set L

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Yes, the CBSE Class 12 Accountancy Question Paper Solved 2019 Set L issued for Class 12 Accountancy have been made available here for latest academic session

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