CBSE Class 12 Accountancy Sample Paper 2020 Solved Set C

Read and download PDF of CBSE Class 12 Accountancy Sample Paper 2020 Solved Set C designed as per the latest curriculum and examination pattern for Class 12 issued by CBSE, NCERT and KVS. The latest Class 12 Accountancy Sample Papers have been provided with solutions so that the students can solve these practice papers and then compare their answers. This will help them to identify mistakes and improvement areas in Accountancy Class 12 which they need to study more to get better marks in Class 12 exams. After solving these guess papers also refer to solved Class 12 Accountancy Question Papers available on our website to build strong understanding of the subject

Sample Paper for Class 12 Accountancy Pdf

Students can refer to the below Class 12 Accountancy Sample Paper designed to help students understand the pattern of questions that will be asked in Class 12 exams. Please download CBSE Class 12 Accountancy Sample Paper 2020 Solved Set C

Accountancy Class 12 Sample Paper

CBSE Class 12 Accountancy Sample Paper 2020 Solved Set C. It’s always recommended to practice as many sample papers as possible before the examinations. Students can download the sample papers and also question papers of previous years to practice and score better marks in examinations. Refer to other links too for more sample papers.

 

1 Can paid up capital of a company be more than the issued capital? Give reasons.

2 What is the maximum discount permissible at time of reissue of forfeited shares if shares were originally issued at par?

3 Credit balance of partner’s current a/c is shown on which side of the balance sheet?

4 In which account interest on partner’s loan is debited and why?

5 XYZ Ltd. has a paid – up share capital of Rs. 60,00,000 and a balance of Rs. 15,00,000 in the Securities Premium Reserve account. The company management does not want to carry over this balance. State any one purpose for which this balance can be utilisied.

6 Provision for depreciation Rs. 3,10,000; Employees Provident Fund Rs. 58,000 and Provision for discount on debtors Rs. 12,000 has been transferred to the credit side of realisation a/c. For which item the payment is to be made by the firm?

7 What do you understand by reserve capital?

8 X and Y are partners sharing profits and losses in the ratio 5:3. They admitted Z for 1/5th share in profits, for which he paid Rs.60,000 as capital and Rs. 30,000 against goodwill. Find the capital balance for each partner taking Z’s capital as base capital.

9 A , B and C are partners sharing profits and losses in the ratio of 5:3:2. On 1st April 2013, B retires with A and C agreeing the share profits in future in the ratio of 3:2

(i) Find the gaining ratio

(ii) B’s share after making adjustments for reserves and profits on revaluation amounts to Rs.37,000 but he is paid Rs. 40,000. Identify the item for which he is paid Rs.3,000 more. Also pass a journal entry for same.

10 State any three conditions that must be fulfilled by a company to issue shares at a discount.

11 What Journal entries would be passed for the following transactions on the dissolution of a partnership firm, after transferring assets (other than cash) and third party liabilities to the Realisation a/c?

(i) Z, an old customer, whose account for Rs. 10,000 was written off as bad in the previous year, paid 60%.

(ii) Expenses of realisation Rs. 9,400 were borne by Khan, a partner. Khan used firm’s cash for paying these expenses.

(iii) Bank Overdraft transferred to Realisation a/c at Rs. 20,000 was taken over by Moshim, a partner including Rs. 1,000 as interest.

12 A and B are equal partners. They decided to admit C for 1/3rd share. A surrendered 1/3rd of his share in favour of C and B gave 1/6th from his share in favour of C.

The following information is given :

(i) Average capital employed Rs. 1,00,000 

 

Please click the link below to download CBSE Class 12 Accountancy Sample Paper 2020 Solved Set C 

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Sample Paper Accountancy Class 12

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Class 12 Accountancy Sample Paper

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Accountancy Sample Paper Class 12 with Solutions

We have provided CBSE Class 12 Accountancy Sample Paper 2020 Solved Set C with solutions. You will be able to understand the type of answers which you should write in Class 12 Accountancy exams to score good marks. You should attempt all the last year question paper for Class 12 and Class 12 Accountancy MCQ Test in examination conditions at home and then compare their answers with the solutions provided by our teachers. This way you will be able to identify your weak areas and also understand how the teachers of Class 12 Accountancy set their questions in the exams.

CBSE Class 12 Accountancy Sample Paper with solutions

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