Official CBSE Practice Papers for Class 12 Accountancy
Review targeted exam resources with the CBSE Class 12 Accountancy Sample Paper 2015 Set 04. Built according to official CBSE standards for the 2026-27 academic year, these downloadable Class 12 Accountancy sample papers support effective revision and performance tracking.
Solved Model Papers for Accountancy
Access the complete sample paper PDF for Class 12 Accountancy below. Regular practice with these targeted mock exams builds familiarity with expected question patterns and chapter weightage to help secure higher marks.
PART A – ACCOUNTANCY FOR PARTNERSHIP
1. What is the minimum amount of the discount at which forfeited shares can be re-issued?
2. What is the procedure of treatment of losses in case of dissolution of the firm under section 48?
3. Name the method of redemption of debenture which does not involve outflow of cash.
4. A and B are partners. C is admitted for ¼ share. What is the ratio in which A and B will sacrifice their share in favour of C?
5. How the Debenture Redemption Reserve Account is closed?
6. If equal amount is drawn at the end of each quarter, for what period the interest or total drawings will be calculated?
7. If a retiring partner is not paid immediately on retirement, how should his account be shown in subsequent balance sheet?
8. Pass journal entries for the following transactions in the books of Jai Hind Ltd.
a) Redeemed 800, 12% Debentures of Rs 100 each by converting them in shares of Rs 100 each issued at 25% premium.
b) Company had a balance of 6,00,000, 12% debentures. Out of these 25% debentures were redeemed by draw of lots at a premium of 25%.
9. Ravi and Kishan were partners in a firm sharing profits in the ratio of 5:3 their fixed capitals on 1.4.2010 were Ravi Rs. 60,000 and Kishan Rs. 80,000 they agreed to allow interest on Capital @12% per annum and to charge on drawing @15% per annum. The profit of the firm for the year ended 31.3.2011 before all the above adjustments were Rs. 12,600. The drawing made by Ravi were Rs. 2,000 and by Kishan Rs. 4,000 during the year. Prepare Profit and Loss appropriation Account of Ravi and Kishan. Show your calculations clearly. The Interest on Capital will be allowed even if the firm incurs losses. (3)
10. Lara Ltd. Issued 2,000, 9% Debentures of Rs. 100 each, payable as follows:
On Application Rs. 20
On Allotment Rs. 20
On First Call Rs. 30
On Final Call Rs. 30
The public applied for 2,400 debentures. Applications for 1,800 debentures were accepted in full.Applications for 400 debentures were allotted 200 debentures and applications for 200 debentures were rejected. Pass the necessary journal entries.
11. Javed and Salim were partners in a jewellery business in the ratio of 4:3. But due to lack of creative designing in the Jewellery they were not earning the profits according to their investments. Nikhil suggested to take Om as a partner as he has done the latest jewellery designing course and was good in designing. But they were afraid that due to not having sufficient profit Om will not join their business
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Free study material for Accountancy
Download CBSE Sample Papers: Class 12 Accountancy
Access Sample Papers for Class 12 Accountancy
Access structured sample papers for Class 12 Accountancy. Solving the CBSE Class 12 Accountancy Sample Paper 2015 Set 04 provided above helps students understand official exam blueprints and tackle anticipated question formats with confidence.
Key Advantages of Solving CBSE Class 12 Accountancy Sample Paper 2015 Set 04
- Original Practice Material: Access unique questions for Accountancy designed to challenge your understanding.
- Self-Assessment: Evaluate scores per set to pinpoint weak zones in Class 12 Accountancy.
- Exam Completion Skills: Routine problem sets train you to manage test duration efficiently without stress.
How to Analyze Your Performance in CBSE Class 12 Accountancy Sample Paper 2015 Set 04
- Verify Answers: Compare your responses against professional teacher solutions provided in the sample paper keys.
- Error Analysis: Class 12 learners must review incorrect answers carefully to understand underlying mistakes.
- Concept Reinforcement: Consult the official NCERT book for Class 12 Accountancy when stuck before re-attempting problems.
FAQs
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Yes, CBSE Class 12 Accountancy Sample Paper 2015 Set 04 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.
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