CBSE Class 12 Accountancy Sample Paper 2021 Set D

Accountancy
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Read and download the CBSE Class 12 Accountancy Sample Paper 2021 Set D, 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 Organisations, Partnership Firms and Companies.
 
1 Name the asset that is not transferred to the debit side of Realisation Account, but brings certain amount of cash against its disposal at the time of the dissolution of the firm.
 
2 Under what circumstances premium for goodwill paid by the incoming partner is not recorded in the books of accounts.
Or
Why is General Reserve distributed among the old partners before new partner is admitted?
 
3 How are Not-For-Profit organizations organized?
Or
Income and Expenditure Account is prepared on Cash Basis of Accounting. Is the statement correct?
 
4 A and B were partners in a firm sharing profits in the ratio of 2:1. During the year ended 31-3-2018, A had withdrawn ` 50,000. Interest on drawings amounted to `1,500. Pass necessary journal entry for charging interest on drawings assuming that the capitals of the partners were fixed.
 
5 At what rate is interest payable on the amount remaining unpaid to the executor of deceased partner?
 
6 Differentiate between ‘Equity Share’ and ‘Debenture’ on the basis of risk involved.
Or
What is meant by ‘Employee Stock Option Plan’?
 
7 On April 1, 2018 an existing firm had assets of ` 5,00,000 including cash of ` 25,000. The partner’s capital accounts showed a balance of ` 3,50,000 and reserve constituted the rest. If the normal rate of return is 10% and the goodwill of the firm is valued at ` 1,32,000 at 4 year’s purchase of super profits, find the average profits of the firm.
 
8 Dhariwal Ltd. had issued 40,000, 11% Debentures of ` 100 each of which one-half are due for redemption on March 31st 2015. It was decided to invest the required amount towards Debenture Redemption Investment. The company has in its Debenture Redemption Reserve Account balance of ` 3,10,000. Record the necessary journal entries at the time of Redemption of Debentures.
 
9 Venus Ltd took over assets of ` 10,00,000 and liabilities of ` 1,80,000 of Cayns Ltd. for `7,60,000. Venus Ltd. issued 9% Debentures of ` 100 each at a discount of 5% in full satisfaction of the purchase consideration in favour of Cayns Ltd. Pass necessary journal entries in the books of Venus Ltd. for the above transactions.
Or
Haider Limited obtained a loan of ₹ 5,00,000 from State Bank of India @ 10 % interest. The company issued ₹ 7,50,000, 10 % debentures of ₹ 100/- each, in favor of State Bank of India as collateral security. Pass necessary journal entries for the above transactions:
(i). When company decided not to record the issue of 10 % Debentures as collateral security.
(ii). When company decided to record the issue of 10 % Debentures as collateral security.
 
10 During the year 2017-18 salaries paid amounted to ` 2,40,000. From the following information, show the salaries item in the Income and Expenditure Account for the year ending 31st March, 2018.

CBSE Class 12 Accountancy Sample Paper 2021 Set D 1

11 P, Q and R are sharing profits and losses in the ratio of 5:3:2. They decided to share future profits and losses in the ratio of 2:3:5 with effect from 1st April, 2018. They also decide to record the effect of the following revaluations without affecting the book value of the assets and liabilities by passing a single adjustment entry.

CBSE Class 12 Accountancy Sample Paper 2021 Set D 2

Pass necessary single adjustment entry.
 
12 A, B and C were partners in a firm sharing profits in 3:2:1 ratio. The firm closes its books on 31st March every year. B died on 12th June, 2011. On B’s death the goodwill of the firm was valued at ` 3,00,000. On B’s death his share in the profits of the firm till the time of his death was to be calculated on the basis of previous year’s profit which was `7,50,000. Calculate B’s share in the profit of the firm. Pass necessary journal entries for the treatment of goodwill and B’s share of profit at the time of his death
 
13 Following is the Receipts and Payments Account of an Entertainment Club for the period of April 1, 2016 to March 31, 2017.

CBSE Class 12 Accountancy Sample Paper 2021 Set D 3

Additional Information:
(i) Advance Subscription on 31st March, 2016 : ` 7,000
Subscription in arrear on 31st March, 2017 : `13,000
(ii) Locker Rent ` 3,050 was outstanding for the year 2015-16 and ` 1,500 for 2016-17.
(iii) Opening Stock of Printing and Stationery ` 2,000 and Closing Stock of Printing and Stationery is ` 3,000 for the year 2016-17.
(iv) On 1st april, 2016 other balances were as under :
Furniture ` 1,00,000
Sports Fund ` 15,000
(v) Depreciate Furniture @ 12.5% p.a. Prepare Income and Expenditure Account for the year ending 31st March, 2017.
 
14 Girija and Ganesh were partners in a firm sharing profits and losses in the ratio of 2:3. On 31st March, 2017 their Balance Sheet was as follows:

CBSE Class 12 Accountancy Sample Paper 2021 Set D 4

On the above date the firm was dissolved. The assets were realized and the liabilities were paid off as follows:
(a) Debtors of ` 6,000 were proved bad.
(b) Girija agreed to pay off her brother’s loan.
(c) One of the creditors for ` 10,000 was paid only ` 3,000 in full settlement of his account.
(d) Buildings were auctioned for ` 1,80,000 and the auctioneer’s commission amounted to ` 8,000.
(e) Ganesh took over part of stock at ` 4,000 (being 20% less than the book value). Balance of the stock was handed over to the remaining creditors in full settlement of their account.
(f) Investments realized ` 9,000 less.
(g) Realisation expenses amounted to ` 17,000 and were paid by Ganesh.
 
Prepare Realisation Account, Partners’ Capital Accounts and Bank Account


Please click on below link to download CBSE Class 12 Accountancy Sample Paper 2021 Set D

2025
CBSE Class 12 Accountancy 2025 Sample Paper Solved Set 1
CBSE Class 12 Accountancy 2025 Sample Paper Solved Set 2
CBSE Class 12 Accountancy 2025 Sample Paper Solved Set 3
CBSE Class 12 Accountancy 2025 Sample Paper Solved Set 4
CBSE Class 12 Accountancy 2025 Sample Paper Solved Set 5
CBSE Class 12 Accountancy 2025 Sample Paper Solved Set 6
CBSE Class 12 Accountancy 2025 Sample Paper Solved Set 7
CBSE Class 12 Accountancy Boards 2025 Sample Paper Solved
2023
CBSE Class 12 Accountancy Sample Paper with Marking Scheme 2023
2022
CBSE Class 12 Accountancy Sample Paper 2022 Set A Solved
CBSE Class 12 Accountancy Sample Paper 2022 Set B Solved
CBSE Class 12 Accountancy Sample Paper 2022 Set C Solved
CBSE Class 12 Accountancy Sample Paper 2022 Set D
CBSE Class 12 Accountancy Term 2 Sample Paper 2022 Set A Solved
2021
CBSE Class 12 Accountancy Boards 2021 Sample Paper Solved
CBSE Class 12 Accountancy Sample Paper 2021 Set A Solved
CBSE Class 12 Accountancy Sample Paper 2021 Set B Solved
CBSE Class 12 Accountancy Sample Paper 2021 Set C Solved
CBSE Class 12 Accountancy Sample Paper 2021 Set D
2020
CBSE Class 12 Accountancy Boards 2020 Sample Paper Solved
CBSE Class 12 Accountancy Sample Paper 2020 Solved Set A
CBSE Class 12 Accountancy Sample Paper 2020 Solved Set B
CBSE Class 12 Accountancy Sample Paper 2020 Solved Set C
CBSE Class 12 Accountancy Sample Paper 2020 Solved Set D
CBSE Class 12 Accountancy Sample Paper 2020 Solved Set E
2019
CBSE Class 12 Accountancy Sample Paper 2019 Set A
CBSE Class 12 Accountancy Sample Paper 2019 Set E
CBSE Class 12 Accountancy Sample Paper 2019 Set F
CBSE Class 12 Accountancy Sample Paper 2019 Solved
CBSE Class 12 Accountancy Sample Paper 2019 Solved Set B
CBSE Class 12 Accountancy Sample Paper 2019 Solved Set C
CBSE Class 12 Accountancy Sample Paper 2019 Solved Set D
2018
CBSE Class 12 Accountancy Sample Paper 2018 Set A
CBSE Class 12 Accountancy Sample Paper 2018 Set B
CBSE Class 12 Accountancy Sample Paper 2018 Set C
CBSE Class 12 Accountancy Sample Paper 2018 Set D
CBSE Class 12 Accountancy Sample Paper 2018 Set E
CBSE Class 12 Accountancy Sample Paper 2018 Set F
2017
CBSE Class 12 Accountancy Sample Paper 2017 Set A
CBSE Class 12 Accountancy Sample Paper 2017 Set B
CBSE Class 12 Accountancy Sample Paper 2017 Set C
CBSE Class 12 Accountancy Sample Paper 2017 Set D
CBSE Class 12 Accountancy Sample Paper 2017 Set E
CBSE Class 12 Accountancy Sample Paper 2017 Set F
2015
CBSE Class 12 Accountancy Sample Paper 2015 Set A
CBSE Class 12 Accountancy Sample Paper 2015 Set B
CBSE Class 12 Accountancy Sample Paper 2015 Set C
CBSE Class 12 Accountancy Sample Paper 2015 Set D
CBSE Class 12 Accountancy Sample Paper 2015 Set E
CBSE Class 12 Accountancy Sample Paper 2015 Set F
CBSE Class 12 Accountancy Sample Paper 2015 Set G
CBSE Class 12 Accountancy Sample Paper 2015 Set H
CBSE Class 12 Accountancy Sample Paper 2015 Set I
2014
CBSE Class 12 Accountancy Sample Paper 2014 Set A
CBSE Class 12 Accountancy Sample Paper 2014 Set B
CBSE Class 12 Accountancy Sample Paper 2014 Set C
CBSE Class 12 Accountancy Sample Paper 2014 Set D
CBSE Class 12 Accountancy Sample Paper 2014 Set E
CBSE Class 12 Accountancy Sample Paper 2014 Set F
CBSE Class 12 Accountancy Sample Paper 2014 Set G
CBSE Class 12 Accountancy Sample Paper 2014 Set H
CBSE Class 12 Accountancy Sample Paper 2014 Set I
CBSE Class 12 Accountancy Sample Paper with Marking Scheme 2014 Set A
CBSE Class 12 Accountancy Sample Paper with Marking Scheme 2014 Set B
CBSE Class 12 Accountancy Sample Paper with Marking Scheme 2014 Set C
2013
CBSE Class 12 Accountancy Sample Paper with Marking Scheme 2013 Set A
CBSE Class 12 Accountancy Sample Paper with Marking Scheme 2013 Set B
CBSE Class 12 Accountancy Sample Paper with Marking Scheme 2013 Set C
CBSE Class 12 Accountancy Sample Paper with Marking Scheme 2013 Set D
CBSE Class 12 Accountancy Sample Paper with Marking Scheme 2013 Set E
CBSE Class 12 Accountancy Sample Paper with Marking Scheme 2013 Set F
2010
CBSE Class 12 Accountancy Sample Paper 2010 Set G
CBSE Class 12 Accountancy Sample Paper with Marking Scheme 2010 Set A
CBSE Class 12 Accountancy Sample Paper with Marking Scheme 2010 Set B
CBSE Class 12 Accountancy Sample Paper with Marking Scheme 2010 Set C
CBSE Class 12 Accountancy Sample Paper with Marking Scheme 2010 Set D
CBSE Class 12 Accountancy Sample Paper with Marking Scheme 2010 Set E

Important Practice Resources for Class 12 Accountancy

How to download CBSE Class 12 Accountancy Sample Paper 2021 Set D in PDF?

Students can easily download the CBSE Class 12 Accountancy Sample Paper 2021 Set D 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 Sample Paper 2021 Set D?

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 Sample Paper 2021 Set D?

  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 Sample Paper 2021 Set D?

You can download the complete PDF for CBSE Class 12 Accountancy Sample Paper 2021 Set D 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 Sample Paper 2021 Set D?

Yes, CBSE Class 12 Accountancy Sample Paper 2021 Set D 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 Sample Paper 2021 Set D 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 Sample Paper 2021 Set D 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 Sample Paper 2021 Set D on your mobile device.