CBSE Class 12 Accountancy Sample Paper with Marking Scheme 2014 Set B

Read and download the CBSE Class 12 Accountancy Sample Paper with Marking Scheme 2014 Set B, 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

1. State the basis of accounting, on which a Receipts and Payments account is prepared in case of a not for profit organization.

2. What is meant by “Unlimited liability of a Partner” ?

3. State the need for treatment of Good will on admission of a Partner.

4. What are Preliminary expenses?

5. How does the factor “location” affect the goodwill of a firm?

6. From the following information, calculate the amount of subscriptions outstanding for the year 2008-09.

A club has 250 members each paying an annual subscription of Rs. 1,000. The Receipts & Payments account for the year showed a sum of Rs. 2,65,000 received  as subscriptions. The following additional information is provided.

                                                                                       Rs.

Subscriptions Outstanding on 31st March, 2008                 40,000

Subscriptions Received in advance on 31st March, 2009     30,000
 
Subscriptions Received in advance on 31st March, 2008     12,000
 
7. S.S.S. Ltd., has a paid up share capital of Rs. 60,00,000 and a balance of Rs.15,00,000 in the Securities Premium Account. The company management do not want to carryover this balance. State the ‘purposes for which this balance can be utilized.
 
8. DN Ltd., issued 50,000 shares of Rs. 10 each at a discount of 10% payable as Rs. 2 per share on application, Rs. 3 on allotment and Rs. 2 each on first and final call. Applications were received for 70,000 shares. It was decided that (a) refuse allotment to the applicants for 10,000 shares (b) allot 20,000 shares to Mohan who had applied for similar number and (c) allot the remaining shares on pro-rata basis. Mohan failed to pay the allotment money and Sohan who belonged the category ‘c’ and was allotted 3,0,00 shares paid both the calls with allotment. Calculate the amount received on allotment.
 
9. A, B & C were partners. Their capitals were Rs. 30,000; Rs. 20,000 and Rs.10,000 respectively, According to the partnership deed they were entitled to an interest on capital at 5% p.a. In addition B was also entitled to draw a salary of
Rs. 500 per month. C was entitled to a commission of 5% on the profits after charging the interest on capital, but before charging the salary payable to B. The net profits for the year were Rs. 30,000, distributed in the ratio of their capitals
without providing for any of the above adjustments. The profits were to be shared in the ratio of 2:2: 1. Pass the necessary adjustment entry showing the workings clearly.
 
10. A, Band C were partners sharing profits in the ratio of 6:4:5. Their capitals were A Rs. 1,00,000, B - Rs. 80,000 and C - Rs. 60,000. On 1st April 2009, B retired from the firm and the new profit sharing ratio between A and C was decided as 11 :4. On B’s retirement the goodwill of the firm was’ valued at Rs. 1,80,000. Showing your calculations clearly’ pass necessary journal entry for the treatment of-goodwill on B’s retirement.
 
11. X Ltd., had Rs. 8,00,000, 9% debentures due to be redeemed out of profits on 1st Oct, 2009 ,at a premium of 5%. The company had a :Debenture, Redemption Reserve of Rs. 4,14,000. Pass necessary journal entries at the time of redemption.



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How to download CBSE Class 12 Accountancy Sample Paper with Marking Scheme 2014 Set B in PDF?

Students can easily download the CBSE Class 12 Accountancy Sample Paper with Marking Scheme 2014 Set B 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 with Marking Scheme 2014 Set B?

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 with Marking Scheme 2014 Set B?

  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 with Marking Scheme 2014 Set B?

You can download the complete PDF for CBSE Class 12 Accountancy Sample Paper with Marking Scheme 2014 Set B 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 with Marking Scheme 2014 Set B?

Yes, CBSE Class 12 Accountancy Sample Paper with Marking Scheme 2014 Set B 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 with Marking Scheme 2014 Set B 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 with Marking Scheme 2014 Set B 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 with Marking Scheme 2014 Set B on your mobile device.