CBSE Class 12 Accountancy Term 2 Sample Paper 2022 Set A Solved

Read and download the CBSE Class 12 Accountancy Term 2 Sample Paper 2022 Set A Solved, designed by expert teachers according to the latest 2025-26 curriculum and examination pattern issued by CBSE, NCERT, and KVS. These Class 12 Accountancy sample papers include detailed step-by-step solutions, helping students to practice and evaluate their performance against the most recent marking schemes.

Solved Sample Paper for Class 12 Accountancy PDF

Our Class 12 Accountancy model papers are important for understanding the weightage of different chapters and the difficulty level of expected questions. By solving these guess papers Class 12 students can identify weak areas and improve time management. We also suggest referring to our Class 12 Accountancy Question Papers of previous years to further strengthen your exam preparation.

Class 12 Accountancy Sample Paper with Solutions

Part A
(Accounting for Not-for-Profit organizations, Partnership firms and Companies)
 

2 Marks Questions


Question : Following information has been provided by M/s Achyut Health Care.
You are required to calculate the amount of medicines consumed during the year 2020-21: 
Acc
 
Answer :
 
Acc-1
 
Question : Distinguish between ‘Dissolution of Partnership’ and ‘Dissolution of Partnership Firm’ based on:
(i) Settlement of assets and liabilities
(ii) Economic relationship 
Answer :

Acc-2


 
 
Question : Suresh, Ramesh and Tushar were partners of a firm sharing profits in the ratio of 6:5:4. Ramesh retired and his capital after making adjustments on account of reserves, revaluation of assets and reassessment of liabilities stood at ₹ 2,50,400. Suresh and Tushar agreed to pay him ₹ 2,90,000 in full settlement of his claim.
Pass necessary journal entry for the treatment of goodwill. Show workings clearly. 
Answer :
Acc-3


Working Note:
Ramesh’s share of Goodwill= ₹2,90,000 - ₹2,50,400 = ₹39,600 
 

3 Marks Questions

Question : From the following information given by Modern Dance Academy, calculate the amount of Subscription received during the year 2020-21.
(i) Subscription credited to Income & Expenditure A/c for the year ending 31st March ,2021 amounted to ₹3,00,000 and each member is required to pay an annual subscription of ₹ 3,000.
(ii)Subscription in arrears as on 1st April 2020 amounted to ₹ 16,000.
(iii) During the year 2020-21, 10 members made partial payment of ₹26,000 towards subscription, 8 members failed to pay the subscription amount and 5 members paid the subscription amount for the year2021-22.
(iv) During the year 2019-20, 12 members paid the subscription amount for the year 2020-21.
OR
Following information is given by Alchemy Medical College, Library department for the year 2020-21.
Acc-

Show the accounting treatment of the above-mentioned items in the Balance Sheet of the Alchemy Medical College as at 31st March,2021. 
Answer :
Acc-4
Acc-5
 
Working Note:

Interest on Books and Journals Investments = 4,00,000 x 7/100 = 28,000
Accrued Interest = 28,000 – 13,000= 15,000  
 
 
Question : Harihar, Hemang and Harit were partners with fixed capitals of ₹3,00,000, ₹ 2,00,000 & ₹ 1,00,000 respectively. They shared profits in the ratio of their fixed capitals. Harit died on 31st May, 2020, whereas the firm closes its books of accounts on 31st March every year. According to their partnership deed, Harit’s representatives would be entitled to get share in the interim profits of the firm on the basis of sales. Sales and profit for the year 2019-20 amounted to ₹8,00,000 and ₹2,40,000 respectively and sales from 1st April, 2020 to 31st May 2020 amounted to ₹ 1,50,000. The rate of profit to sales remained constant during these two years. You are required to:
(i) Calculate Harit’s share in profit.
(ii) Pass journal entry to record Harit’s share in profit. 
Answer :
(i) Ratio of Profit to sales= 2,40,000/8,00,000 X 100 = 30% 
Profit upto the date of death= 1,50,000 X 30% = ₹45,000 
Profit sharing Ratio = 3:2:1
Harit’s Share of Profit = 45,000 X 1/6 = ₹7,500 
Alternative: Harit’s Share of Profit = 2,40,000/8,00,000 X 1,50,000 X 1/6=₹7,500
 Acc-6 


Question : Vedesh Ltd. purchased a running business of Vibhu Enterprises for a sum of ₹ 12,00,000. Vedesh Ltd. paid ₹ 60,000 by drawing a promissory note in favour of Vibhu Enterprises., ₹1,90,000 through bank draft and balance by issue of 8% debentures of ₹ 100 each at a discount of 5%. The assets and liabilities of Vibhu Enterprises consisted of Fixed Assets valued at ₹ 17,30,000 and Trade Payables at ₹ 3,20,000.
You are required to pass necessary journal entries in the books of Vedesh Ltd.
OR
Youth Ltd. took a loan of ₹ 15,00,000 from State Bank of India against the security of tangible assets. In addition to principal security, it issued 10,000 11% debentures of ₹ 100 each as collateral security.
Pass necessary journal entries for the above transactions, if the company decided to record the issue of 11% debentures as collateral security and show the presentation in the Balance Sheet of Youth Ltd. 
Answer :
Acc-7
 
Working Note:
Number of Debentures issued = 9,50,000 / 95 = 10,000
 
Acc-8

 

 

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How to download CBSE Class 12 Accountancy Term 2 Sample Paper 2022 Set A Solved in PDF?

Students can easily download the CBSE Class 12 Accountancy Term 2 Sample Paper 2022 Set A Solved from our website to prepare for their upcoming examinations. To score high marks, it is important for Class 12 students to understand the exaact pattern as per which teachers design the question papers. We strongly suggest that you practice these latest sample papers for Accountancy and solve different types of questions that are expected to come this year. You can downloadin PDF format so that you can practice offline. We also recommend that Class 12 students solve these papers actual exam conditions at home.

Why should you solve CBSE Class 12 Accountancy Term 2 Sample Paper 2022 Set A Solved?

Practicing these model papers has several benefits for Class 12 students:

  • New Question Bank: This set has fresh questions for Accountancy which are different from previous years.
  • Exam Pattern Knowledge: Solving more sets will help you to understand the weightage of each chapter in Class 12 and also the type of questions asked.
  • Identify Weak Areas: Comparing your score in each set to find out topics in Class 12 Accountancy for which you need hard work.
  • Speed and Accuracy: Attempting MCQ questions and long-form problems for Class 12 Accountancy makes you faster and better and you will be able to finish your exam on time.

What should you do after solving CBSE Class 12 Accountancy Term 2 Sample Paper 2022 Set A Solved?

  1. Check Your Work: Match your answers with the solutions given by our teachers in the Accountancy Sample Paper PDF.
  2. Learn from Mistakes: Class 12 students should focus on the questions which you solved incorrectly and understand the error.
  3. Revision: If you find a question difficult you shoul refer to NCERT book for Class 12 Accountancy to understand concepts and then try the question again.
  4. Continuous Practice: Solve multiple sets of Accountancy sample papers from studiestoday.com to build confidence before the CBSE exams.
Where can I download the PDF for CBSE Class 12 Accountancy Term 2 Sample Paper 2022 Set A Solved?

You can download the complete PDF for CBSE Class 12 Accountancy Term 2 Sample Paper 2022 Set A Solved for free from StudiesToday.com. Our resources for Class 12 Accountancy are updated for the latest academic session and follow the official exam pattern.

Are solutions provided for CBSE Class 12 Accountancy Term 2 Sample Paper 2022 Set A Solved?

Yes, CBSE Class 12 Accountancy Term 2 Sample Paper 2022 Set A Solved comes with detailed, teacher-verified solutions. We have provided step-by-step answers for Accountancy to help students of Class 12 understand correct methodology and marking scheme.

How can practicing CBSE Class 12 Accountancy Term 2 Sample Paper 2022 Set A Solved help in exam preparation?

Practicing this Accountancy paper helps in time management and identifying important topics. For Class 12, solving mock papers is the best way to gain confidence and reduce exam-day anxiety.

Is the CBSE Class 12 Accountancy Term 2 Sample Paper 2022 Set A Solved accessible on mobile and tablets?

Yes, all our study materials for Class 12 Accountancy are provided in a mobile-friendly PDF format. You can easily download CBSE Class 12 Accountancy Term 2 Sample Paper 2022 Set A Solved on your mobile device.