# CBSE Class 12 Accountancy 2017 Sample Paper

Mar 28, 2017 15:15 IST

CBSE sample paper for class 12 Accountancy 2017 is available for download in PDF format. With this article students can download the complete sample paper for class 12 Accountancy 2017 along with hints and marking scheme of the same.

About CBSE Sample Paper for Class 12 Accountancy 2017 by CBSE Board:

CBSE class 12 Accountancy sample paper 2017 is released by CBSE along with marking scheme and hints. With the help of this CBSE sample paper, students of class 12 will get an idea about the latest examination pattern and the level of questions which can be asked in the coming CBSE class 12 Accountancy board exam 2017.

CBSE Class 12 Accountancy Question Paper (All India): 2016

Students must solve this sample paper and refer their solutions with the marking scheme to assess their preparation level of CBSE class 12 Accountancy board exam 2017. All the questions of CBSE sample paper for class 12 Accountancy are very important for the coming CBSE board exam 2017.

Some question from CBSE Sample Paper for Class 12 Accountancy 2017

 1. A, B and C are partners sharing profits and losses in the ratio of 5:3:2. C retired and his capital balance after adjustments regarding reserves, accumulated profits/ losses and gain/loss on revaluation was Rs. 2, 50, 000. C was paid Rs. 3, 00, 000 in full settlement. Afterwards D was admitted for 1/4th share. Calculate the amount of goodwill premium brought by D. 2. A and B were partners in a firm. They admitted C as a new partner for 20% share in the profits. After all adjustments regarding general reserve, goodwill, gain or loss on revaluation, the balances in capital accounts of A and B were Rs. 3, 85, 000 and Rs. 4, 15, 000 respectively. C brought proportionate capital so as to give him 20% share in the profits. Calculate the amount of capital to be brought by C. CBSE Class 12 Accountancy Syllabus 2017 3. A and B are partners. The net divisible profit as per Profit and Loss Appropriation A/c is Rs. 2, 50, 000. The total interest on partner’s drawing is Rs. 4,000. A’s salary is Rs. 4,000 per quarter and B’s salary is Rs. 40,000 per annum. Calculate the net profit/loss earned during this year. 4. ABC Ltd. purchased for cancellation its own 5,000, 9% Debentures of Rs. 100 each for Rs. 95 per debenture. Brokerage charges Rs.15, 000 were incurred. Calculate the amount to be transferred to capital reserve. 5. When can shares held by a shareholder be forfeited? 6. A partnership firm has 50 members. All the partners have agreed to admit Ram and Mohan as new partners. Can Ram and Mohan be admitted? Give reason in support of your answer.

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