CBSE Class 12 Accountancy Boards 2020 Sample Paper Solved

Read and download the CBSE Class 12 Accountancy Boards 2020 Sample Paper 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

CBSE Class 12 Accountancy Boards 2020 Sample Paper Solved. CBSE has recently released the class 12 sample papers for subject Accountancy. These suggested sample papers are released every year by CBSE ahead of the class 12 board exams so that the students can understand the pattern of question paper and type of questions which is expected to come in the Class 12 board exams. Students can refer to the attached question paper along with marking scheme to understand what they can expect in the board exams in 2020. Its always better to solve the question paper first and then refer to provided answers. 

PART A
(Accounting for Not-for-Profit Organizations, Partnership Firms and Companies)

1 How are the following items presented in financial statements of a Not-for- Profit organisation:-
(a) Tournament Fund- 80,000
(b) Tournament expenses-14,000
 
2 At what rate is interest payable on the amount remaining unpaid to the executor of deceased partner, in absence of any agreement among partners, when (s)he opts for interest and not share of profit.
(a) 12% p.a.
(b) 8% p.a.
(c) 6% p.a.
(d) 7.5%p.a.
 
3 State the order of payment of the following, in case of dissolution of partnership firm.
i. to each partner proportionately what is due to him/her from the firm for advances as distinguished from capital (i.e. partner’ loan);
ii. to each partner proportionately what is due to him on account of capital; and
iii. for the debts of the firm to the third parties;
 
4 A and B are partners in a firm having a capital of ₹ 54,000 and ₹ 36,000 respectively. They admitted C for 1/3rd share in the profits C brought proportionate amount of capital. The Capital
brought in by C would be:
a) ₹ 90,000
b) ₹ 45,000
c) ₹ 5,400
d) ₹ 36,00
 
5 Amit, a partner in a partnership firm withdrew ₹ 7,000 in the beginning of each quarter. For how many months would interest on drawings be charged?
 
6 Ankit, Unnati and Aryan are partners sharing profits in the ratio of 5:3:2. They decided to share future profits in the ratio of 2:3:5 with effect from 1st April,2018. They had the following balance in their balance sheet, passing necessary Journal Entry:
      Particulars                                                   Amount(₹)
Profit and loss Account                                       (Dr) 60,500
 
7 A and B are partners in a firm. They admit C as a partner with 1/5th share in the profits of the firm. C brings ₹ 4,00,000 as his share of capital. Calculate the value of C’s share of Goodwill on the basis of his capital, given that the combined capital of A and B after all adjustments is ₹ 10,00,000
 
8 Riyansh, Garv and Kavleen were partners in a firm sharing profit and loss in the ratio of 8:7:5. On 2nd November 2018, Kavleen died. Kalveen’s share of profits till the date of her death was calculated at₹ 9,375. Pass the necessary journal entry.
 
9 A and B are partners in a firm sharing profits and losses in the ratio of 3:2.On 1st April, 2019 they decided to admit C their new ratio is decided to be equal. Pass the necessary journal entry to distribute Investment Fluctuation Reserve of₹ 60,000 at the time of C’s admission, when Investment appear in the books at₹ 2,10,000 and its market value is ₹1,90,000.
 
10 ‘Complete the following statement’
When a liability is discharged by a partner, at the time of dissolution, Capital Account is credited because
 

Please refer to link below to download CBSE Class 12 Accountancy Boards 2020 Sample Paper Solved


How to download CBSE Class 12 Accountancy Boards 2020 Sample Paper Solved in PDF?

Students can easily download the CBSE Class 12 Accountancy Boards 2020 Sample Paper 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 Boards 2020 Sample Paper 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 Boards 2020 Sample Paper 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 Boards 2020 Sample Paper Solved?

You can download the complete PDF for CBSE Class 12 Accountancy Boards 2020 Sample Paper 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 Boards 2020 Sample Paper Solved?

Yes, CBSE Class 12 Accountancy Boards 2020 Sample Paper 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 Boards 2020 Sample Paper 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 Boards 2020 Sample Paper 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 Boards 2020 Sample Paper Solved on your mobile device.