CBSE Class 12 Accountancy Sample Paper 2022 Set B Solved

Accountancy
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Read and download the CBSE Class 12 Accountancy Sample Paper 2022 Set B 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 Partnership Firms and Companies)
 
 
1) Anwar, Bharat and Christy are in partnership without partnership deed. On 1st January, 2017 Bharat has extended a loan of 12,00,000 to the firm. At the end of the year, the profit of the firm was only 15,000. Calculate the interest on loan payable to Bharat for the year ending 31st March, 2017. 
 
2) P,Q, R and S were partners of a firm. On 1st April, 2016, at the time of retirement of Q, the firm valued its goodwill at 2 years purchase of the average profits of last three years
as 50,000 when the profits of last three years were;
2014- 20,000, 2015- 25,000 and 2016- 30,000.
On 1st April, 2017, they admitted a new partner K and for that they revalued its goodwill at 2 years purchase of the average profits of last three years as 60,000. Calculate the profit earned by the firm as on 31st March 2017. 
 
3) A, B and C were partners. On 1st January, 2016, B died and his share of profit of 3/9 was acquired by A and C in the ratio of 2:1.After that their new ratio became 2:1. Find out the old ratio in which profits/losses were shared by A, B and C. 
 
4) State any one circumstance under which court can ask the firm to dissolve. 
 
5) Kiran Ltd. purchased an Asset worth 5,00,000 from Visesh Ltd. at a purchase consideration of 4,00,000. 1/5th of the amount was paid by cheque and balance amount was settled by issuing 10% debentures of 100 each at a premium of 25%. Calculate the number of debentures issued by Kiran Ltd.for the above-mentioned settlement. 
 
6) When a company forfeited its 1,000 shares after all the calls, the amount transferred to forfeiture account was 6,000. Company decided to reissue all these forfeited shares at maximum discount. At what price each share can be reissued. 
 
7) A and B are partners in a firm. A was to get a commission of 10% on the net profits before charging any commission. However, B was to get a commission of 10% on the net profits after charging all commissions. Fill in the missing figures in the following Profit and Loss Appropriation Account for the year ended 31st March, 2016.

CBSE Class 12 Accountancy Sample Paper 2022 Set B Solved 1

 
8) Madhav Ltd. issued 365, 9% debentures of 1,000 each on 4-3-2016. Pass necessary journal entries for the issue of debentures in the following situations:
(a) When debentures were issued at par redeemable at a premium of 10%.
(b) When debentures were issued at 6% discount, redeemable at 5% premium. 
 
9) Bhadra Ltd. invited application for public subscription of 5,000 shares of 10 each at a premium of 50%. The whole amount was payable on application. Company received application for 10,000 shares and the excess application money was refunded. Pass necessary journal entries for the issue of shares. 
 
10) X Ltd. was formed with a capital of 15,00,000 divided into equity shares of 10 each. Out of these 6,000 shares were issued to the vendors as fully paid as purchase consideration for a building acquired, 3,000 shares were issued to signatories to the Memorandum of Association as fully paid up. The directors offered 19,500 shares to the public and called up 6 per share and received the entire called up amount on shares allotted. Prepare a balance sheet showing share capital as per schedule III part I of the Companies Act, 2013 from the above transactions in the books of X Ltd. Also, prepare notes to account for the same.
 
11) M and D were partners sharing profits and losses in the ratio of 2:1.During the year, M has withdrawn 2,000 in the beginning of each month and D has withdrawn 5,000 at the end each month. Interest on drawing was charged at 6% p.a. After closing the books for the year ended 31st March, 2017, it was found that interest was charged on M’s drawings as withdrawal made at the end of each month and on D’s drawings as withdrawal made at the beginning of each month. Pass a single journal entry to rectify the above. Also, show your working clearly. 
 
12) Jain and Gupta are partners in a firm sharing profits and losses in the ratio of 2:3. Their balance sheet as at 31.03.2017 is as follows;

CBSE Class 12 Accountancy Sample Paper 2022 Set B Solved 2

The goodwill of the firm has been valued at 75,000, land 1,50,000 and Building 45,000. On 31st March, 2017, the partners decided to share profits equally with effect from April 1st 2017. You are required to record necessary journal entry to be made in the books of the firm on account of change in profit sharing ratio. 
 
13) Pass necessary journal entries for the following transactions on the dissolution of the firm of X and Y after the various assets (other than cash) and outside liabilities have been transferred to realisation account:
i) The firm had borrowed 50,000 from partner Y and he took over investment valued 60,000 in full payment of his loan.
ii) A creditor for 40,000 accepted a motor bike at Rs 15,000 and balance paid to him by cheque.
iii) A bill receivable of 60,000 discounted with the bank is dishonoured as drawee was declared insolvent and 40% is received from him.
iv) 500 shares of a company acquired at a cost of 10,000 had been written off from the books. These are now valued at 15 per share and were divided between the partners in 2:3.
v) Loan owed by X towards firm is 50,000. X agrees to make payment to the creditors 40,000 in settlement of his loan.
vi) There were other creditors amounting to 1,00,000. Out of these, creditors of 70,000 accepted stock worth 50,000 at 90% and cash 10,000 in full settlement of their claims. Remaining creditors were paid at a discount of 10%. 
 
14) P, Q and R were partners sharing profits in 4:3:2 ratio respectively. Their balance sheet as at 31.03.2017 was as follows:

CBSE Class 12 Accountancy Sample Paper 2022 Set B Solved 3

Q died on 12th June, 2017 and it was agreed that P and R will share future profits in the ratio of 5:4. The following was agreed upon:
(i) Goodwill is to be valued at 2 ½ years’ purchase of average profits of last three years. The average profits were 1,80,000.
(ii) Q’s share of profit till the date of his death will be calculated on the basis of average profits of last three years.
(iii) Claim on workmen’s compensation reserve was estimated at 10,000. P and R decided to provide scholarship in the name of Q from the coming years profit in loving memory of him to the best students of that village who are from financially backward family. In addition, the executor of Q decided to give half of the amount of Q’s capital account to nearby orphanage and with the balance amount he started a hotel to provide quality food at low cost to the villagers.
a) Prepare Q’s Capital account.
b) Also identify the values shown by P and R and the executor of Q. 
 
15) Mohit Ltd. issued 10,000, 12% Debentures of 100 each at a discount of 10% on 01-04- 2013, redeemable on 31-03-2017 at par. Company decided to write off the discount on issue of debentures equally in every year from 31-03-2014 to 31-03-2017.Assuming that Debentures are to be redeemed out of profits fully and Debenture Redemption Reserve has a balance of 3,60,000 on that date. Record necessary journal entries for the redemption of debentures. Also, prepare discount on issue of debenture account.


Please click on below link to download CBSE Class 12 Accountancy Sample Paper 2022 Set B Solved

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 2022 Set B Solved in PDF?

Students can easily download the CBSE Class 12 Accountancy Sample Paper 2022 Set B 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 Sample Paper 2022 Set B 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 Sample Paper 2022 Set B 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 Sample Paper 2022 Set B Solved?

You can download the complete PDF for CBSE Class 12 Accountancy Sample Paper 2022 Set B 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 Sample Paper 2022 Set B Solved?

Yes, CBSE Class 12 Accountancy Sample Paper 2022 Set B 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 Sample Paper 2022 Set B 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 Sample Paper 2022 Set B 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 Sample Paper 2022 Set B Solved on your mobile device.