Official CBSE Exam Papers for Class 12 Accountancy
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Solved Previous Year Papers for Accountancy
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PART A
(Accounting for Partnership Firms and Companies)
1. (a) Atul, Beena and Sita were partners in a firm sharing profits and losses in the ratio of 8 : 7 : 5. Damini was admitted as a new partner for 1/5th share in the profits which she acquired entirely from atul. The new profit sharing ratio after damini's admission will be :
(A) 7 : 7 : 5 : 1
(B) 4 : 7 : 5 : 4
(C) 8 : 7 : 5 : 4
(D) 7 : 5 : 8 : 4
OR
(b) Rushil and Abheer were partners in a firm sharing profits and losses in the ratio of 4 : 3. They admitted Sunil as a new partner for 3/7th share in the profits of firm, which he acquired 2/7th share from Rushil and 1/7th share from Abheer. The new profit sharing ratio of Rushil, Abheer and Sunil will be :
(A) 4 : 3 : 3
(B) 2 : 1 : 3
(C) 2 : 2 : 3
(D) 4 : 3 : 1
Answer : b
Answer : c
2. Abhay, Boris and Chetan were partners in a firm sharing profits in the ratio of 5 : 3 : 2. Boris was guaranteed a profit of ₹ 95,000. Any deficiency on account of this was to be borne by Abhay and Chetan equally. The firm earned a profit of ₹ 2,00,000 for the year ended 31st March, 2023.
The amount given by Abhay to Boris as guaranteed amount will be :
(A) ₹ 17,500
(B) ₹ 35,000
(C) ₹ 25,000
(D) ₹ 10,000
Answer : a
3. Aavya, Mitansh and Praveen were partners in a firm. On 31st March, 2023, the firm was dissolved. Creditors took over furniture of book value of ₹ 50,000 at ₹ 45,000 in part settlement of their amount of ₹ 60,000. The balance amount was paid to them through cheque. The amount paid through cheque will be :
(A) ₹ 10,000
(B) ₹ 50,000
(C) ₹ 45,000
(D) ₹ 15,000
Answer : d
4. Piyush, Rajesh and Avinash were partners in a firm sharing profits and losses equally. Shiva was admitted as a new partner for an equal share.
Shiva brought his share of capital and premium for goodwill in cash. The premium for goodwill amount will be divided among :
(A) Old partners in old ratio
(B) New partners in new ratio
(C) New partners in sacrificing ratio
(D) Old partners in sacrificing ratio
Answer : a
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Past Exam Papers & Solutions for Class 12 Accountancy
Previous Year Question Papers: Class 12 Accountancy
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FAQs
The CBSE Class 12 Accountancy Question Paper 2024 Solved is available for download on StudiesToday.com. It includes complete set with all sections so that Class 12 students can practice with the exact same paper that came in the CBSE exams.
Yes, the solutions for CBSE Class 12 Accountancy Question Paper 2024 Solved are prepared by subject matter experts as per official marking scheme. Class 12 students will understand the structure of answers and 'step-marks' methodology Accountancy.
Solving previous year papers like CBSE Class 12 Accountancy Question Paper 2024 Solved is important to understand repeat themes and question difficulty levels of Accountancy. It helps Class 12 students to test their time management skills too.
Yes, where applicable, CBSE Class 12 Accountancy Question Paper 2024 Solved is available in both English and Hindi mediums. All students from Class 12 can access Accountancy study material in their preferred language.
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