Read and download the CBSE Class 12 Accountancy Sample Paper 2014 Set I, 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.In the absence of a Partnership Deed how interest on capital is allowed to partners?
2. List out any two factors affecting goodwill
3. What journal entry will you pass when a partner agrees to pay the realization expenses on behalf of the firm ?
4. A and B share profits and losses in the ratio of 4:3. They admit C with 3/7th share, which he gets 2/7th from A and 1/7th from B. What is the new ratio ?
5. What is Calls-in-arrears ?
6. What is meant by ‘Under subscription of shares’?
7.Give the meaning of ‘Irredeemable debenture’.
8. A firm earns Rs.60,000 as its annual profits, the normal profits being 10%. The assets of the firm amount to Rs.7,20,000 (excluding goodwill) and Liabilities to Rs.2,40,000. Find out the value of goodwill by Capitalisation Method.
9. Show by means of journal entry, how you would record the following issue.
B Ltd issues 30,000; 10% Debentures of Rs.100 each at a discount of 5% to be repaid at par at the end of 5years.
10. X Ltd took over assets of Rs.7,00,000 and liabilities of Rs.60,000 of W Ltd for the purchase consideration of Rs.6,60,000. X Ltd paid the purchase consideration by issuing debentures of Rs.100 each at 10% premium. Give journal entries in the books of X Ltd.
11.Pass journal entries for the following transactions on the Dissolution of the firm of T and P after the various assets (other than Cash) and outside liabilities have been transferred to Realisation a/c:
(a) Bank loan Rs.34,000 was paid.
(b) Furniture worth Rs.70,000 was taken over by partner T at Rs.43,000.
(c) Partner P agreed to pay a creditor Rs.7,500
(d) Partner’s loan was paid off Rs.10,000
12.A and B are partners in a firm sharing profits and losses in the ratio of 3:2. They admit C into partnership for 1/5th share. C brings in Rs.30,000 as capital and Rs.10,000 as goodwill. At the time of admission of C, goodwill appears in the Balance sheet of A and B at Rs.3,000. The new ratio of the partners will be 5:3:2. Pass necessary entries.
Please click the below link to access CBSE Class 12 Accountancy Sample Paper 2014 Set I
Important Practice Resources for Class 12 Accountancy
How to download CBSE Class 12 Accountancy Sample Paper 2014 Set I in PDF?
Students can easily download the CBSE Class 12 Accountancy Sample Paper 2014 Set I 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 2014 Set I?
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 2014 Set I?
- Check Your Work: Match your answers with the solutions given by our teachers in the Accountancy Sample Paper PDF.
- Learn from Mistakes: Class 12 students should focus on the questions which you solved incorrectly and understand the error.
- 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.
- Continuous Practice: Solve multiple sets of Accountancy sample papers from studiestoday.com to build confidence before the CBSE exams.
You can download the complete PDF for CBSE Class 12 Accountancy Sample Paper 2014 Set I for free from StudiesToday.com. Our resources for Class 12 Accountancy are updated for the latest academic session and follow the official exam pattern.
Yes, CBSE Class 12 Accountancy Sample Paper 2014 Set I 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.
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 2014 Set I on your mobile device.