Download CBSE Class 12 Accountancy Sample Papers
Review targeted exam resources with the CBSE Class 12 Accountancy Sample Paper 2017 Set 03. Built according to official CBSE standards for the 2026-27 academic year, these downloadable Class 12 Accountancy sample papers support effective revision and performance tracking.
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View or download the dedicated CBSE Class 12 Accountancy Sample Paper 2017 Set 03 resource below. Engaging with these sample papers under timed conditions ensures continuous academic progress and mastery of the 2026-27 exam format.
Q.1. What is meant by Partnership?
Q.2. Would a ‘charitable dispensary’ run by 8 members be deemed a partnership firm?Give reason in support of your answer.
Q.3. What is meant by number of years of purchase at the time of valuation of goodwill?
Q.4. State the ratio in which partners share profits and losses on revaluation of assets and liabilities, when there is a change in profit sharing ratio amongst the existing partners?
Q.5. Why is general reserve distributed amongst old partners before a new partner is admitted?
Q.6. A, B, C, and D are partners in the ratio of 4:3:2:1. A retires and his share is acquired by B and C in the ratio of 2:1. Calculate new ratio.
Q.7. In case of dissolution of a firm, which liabilities are to be paid first?
Q.8. A firm has debtors of Rs. 20,000 and provision for doubtful debts Rs. 500. During the course of dissolution of firm, debtors realized 90%. How much amount realized from debtors will be shown in Realisation Account and on which side?
Q.9. A and B started a partnership firm on 1st April, 2013 with a capital of Rs. 2,00,000 and Rs. 1,50,000 respectively. On 1st July, 2013 they further introduced capital of Rs. 50,000 and Rs. 30,000 respectively. B, however, withdrew Rs. 20,000 out of his capital on 1st February, 2014.Compute interest on capital of partners for the year ending 31st March, 2014 assuming rate of interest on capital as 8% p.a.
Q.10. Arun, Varun and Kapil are partners sharing profits in the ratio of 3:2:1. Kapil met with an accident two months ago and now he showed his inability to devote full time in the business. Arun and Varun decided that medical expenses of Kapil be borne by the firm and exempted him from devoting full time till he is completely fit. Identify the values involved in this decision.
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Download CBSE Sample Papers: Class 12 Accountancy
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Access structured sample papers for Class 12 Accountancy. Solving the CBSE Class 12 Accountancy Sample Paper 2017 Set 03 provided above helps students understand official exam blueprints and tackle anticipated question formats with confidence.
Key Advantages of Solving CBSE Class 12 Accountancy Sample Paper 2017 Set 03
- Original Practice Material: Access unique questions for Accountancy designed to challenge your understanding.
- Self-Assessment: Evaluate scores per set to pinpoint weak zones in Class 12 Accountancy.
- Exam Completion Skills: Routine problem sets train you to manage test duration efficiently without stress.
Steps to Follow After Completing CBSE Class 12 Accountancy Sample Paper 2017 Set 03
- Self-Evaluation: Score your answers using official guidance to track your academic progress.
- Mistake Correction: Class 12 pupils must re-solve questions answered incorrectly to master the correct method.
- Continuous Practice: Take additional Accountancy sample modules online to maximize preparedness for CBSE evaluations.
FAQs
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Yes, CBSE Class 12 Accountancy Sample Paper 2017 Set 03 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.
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.
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