CBSE Class 12 Financial Accounting Question Paper 2019

CBSE Class 12 Financial Accounting Question Paper 2019. 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.

SECTION A

1. The profit and loss is distributed among the partners in ________ ratio if there is no agreement. (Fill in the blank.)

2. Partnership deed is

(i) an oral agreement

(ii) a written agreement

(iii) an affidavit

(Choose the correct option.)

3. State maximum number of partners in a firm doing business other than banking business.

4. Write the formula to calculate gaining ratio at the retirement of a partner.

5. State minimum number of members required to start a Public Limited Company.

6. What is meant by the term ‘Minimum Subscription’ of shares ?

7. Mention any one subhead under the head Non-current Assets in the Balance Sheet of a company.

8. Name any two parties interested in analysis of financial statements of a business house. 

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