CBSE Class 12 Accountancy Sample Paper SA2 2014 (2)

Scroll down for PDF

CBSE Class 12 Accountancy Sample Paper SA2 2014 (2).Sample Papers are the very important for every student. The sample papers should be practiced to gain extra marks in examinations. The sample papers have been prepared based on summative assessment1 and summative assessment 2 pattern. The sample papers have been prepared based on pattern of last year examinations and as per latest changes in the syllabus. Students, teachers and parents can download all CBSE educational material and very well prepared worksheets from this website.  All CBSE educational material is developed by our panel of teachers, have also been submitted by CBSE teachers and students. 

1. Permanent withdrawal of cash, closing Balance. 

2. At the time of admission of a new partner for distributing goodwill brought in by him For adjusting goodwill in the case of change in the profit sharing ratio of the existing partners. 

3. Location, Nature of the business.

4. Differences based on i) Meaning ii) Purpose iii) Time iv) Contents v) Preparation of account. 

5. Correct meaning of minimum subscription. 

6. 6% (3)

7. The debentures which cannot be converted into shares are known as non convertible debentures.

8. Shyam’s Current a/c Dr 200

Mohan’s Current a/c Dr 400

To Ram’s Current a/c 600 

9. Bank a/c Dr 10,500

To Debenture application and allotment a/c 10,500

Debenture application and allotment a/c Dr 10,500

Loss on issue of Debenture a/c Dr. 1,000

To 8% Debenture a/c 10,000

To Securities Premium a/c 500

To Premium on Redemption of Debenture a/c 1,000 (3)

10. Correct entry carries 3 marks.

11. Bank a/c Dr. 1,60,000

To C’s Capital a/c 1,60,000

C’s Capital a/c Dr. 50,000

To A’s Capital a/c 25,000

To B’s Capital a/c 25,000

12. A) Realisation a/c Dr. 3,000

To Bank a/c 3,000

b) Partner’s Loan a/c Dr. 10,000

To Bank a/c 10,000

c) Bank a/c Dr. 1,25,000

To Realisation a/c 1,25,000

Please click the below link to access CBSE Class 12 Accountancy Sample Paper SA2 2014 (2).


Click on the text For more study material for Accountancy please click here - Accountancy

Latest NCERT & CBSE News

Read the latest news and announcements from NCERT and CBSE below. Important updates relating to your studies which will help you to keep yourself updated with latest happenings in school level education. Keep yourself updated with all latest news and also read articles from teachers which will help you to improve your studies, increase motivation level and promote faster learning

Requirements for admissions in CBSE affiliated Schools

CBSE gives an advanced form of education. They try to indulge students in interactions and teach application based subjects along with some others. Due to this preponderance of parents, they tend to admit their children in CBSE affiliated schools. General conditions...

Simple tips to Excel in Examinations

We are entering the last quarter of the Academic Session. With examinations just around the corner, I am sure all of us are carrying a mixed bag of Stress, Excitement, and Anxieties!! So, first and foremost- Let’s be Positive and Futuristic! It’s most important to...

CBSE to conduct a voluntary test for class 11th and 12th

Nowadays students have the liberty to choose the field they seem to fit in. A few years back the problem was parents who burdened children with their own choices. On the other side, now students along with their parent's support are free to choose their field. Not any...

CBSE Circular Aryabhatta Ganit Challenge

For students with a keen interest in mathematics are now provided with a better opportunity to explore their knowledge. CBSE has announced to conduct an exam for the purpose of generating interest in maths among students. It is a trial to clarify the myth that...

How to crack a competitive examination

“How I crack a competitive examination” is a frequently asked question by today’s students. Cracking a competitive exam is a challenging task. Attaining a huge amount of study and solving several complex problems in a limited amount of time is a huge task. Competitive...

Error in the evaluation of answer sheets in CBSE

The education board has witnessed many events where invigilators are being suspended for allotting wrong marks to the students.  This has affected students mainly of classes X and XII in the 2019 CBSE Board Exams. The central board of secondary education has taken...

Studies Today