CBSE sample paper or model paper for Class 12 Accountancy 2017 board exam is available here. Students can download the complete sample paper or model paper from the link given below.
About Class 12 Accountancy Model Paper or Sample Paper
This paper is developed by experienced teachers of CBSE School. The questions of this paper are from complete CBSE Class 12 Accountancy syllabus.
This paper is also based on latest examination pattern and all the questions of this paper are important for coming CBSE Class 12 Accountancy board exam 2017. This 80 marks paper is to be attempted within 3 hours.
General guidelines to solve this paper
Time: 3 hours Maximum Marks: 80
This question paper contains two parts A & B.
Both parts are compulsory.
All parts of a question should be attempted at one place.
Show your working clearly wherever necessary.
Marks are indicated against each question.
Some randomly selected questions from this sample paper
Q. X and Y jointly purchased a building and contributed capital equally to convert the building into a hotel. They let it out on rent of`Rs.2, 00, 000 p. a. and share the rental income equally. State giving reason whether X and Y are partners.
Q. On dissolution of a firm, out of the proceeds received from the sale of assets, who will be paid first of all?
Q. A Ltd. allotted its 40,000 shares on pro rata basis, in the ratio 2 : 3. When allotment money Rs. 5 per share called by the company one shareholder allotted 4,000 shares paid first & final cal Rs. 2 per share with allotment money. Calculate amount received on allotment.
Q. X Ltd. sold its 200 own debentures Rs. 100 each at Rs. 19,000 after two months of its purchase as investment and incurred loss of Rs. 4.50 per debenture. Pass necessary journal entry for transferring loss on sale in the books of X Ltd.
Q. State any two usage of balance in Securities Premium Reserve Account available to a company.
Q. What do you understand by ‘Private Placement of Shar-es’?
Q. AKU Ltd. issued 8% Debentures of Rs.10,00,000 on 1st April, 2010, redeemable at a premium of 10% in two equal annual instalments starting from 31st March, 2015. The company decided to create required Debenture Redemption Reserve on 31st March, 2014. The company invested the funds as required by law in a ‘10% Fixed Deposit’ with PNB. Tax was deducted at source by the bank on interest @ 10% p.a. Pass necessary journal entries regarding issue and till the last redemption of debentures.
Q. State how qualitative aspects are ignored in Financial Statements Analysis.
Q. Rent of a Building received by a Real Estate enterprise is classified under which kind of activity while preparing a Cash Flow Statement.
Q. How are the following items shown while preparing the Balance Sheet of a company
(a) Publishing Title
(b) Storesand Spares
(c) Provision for Bad debts
(d) Calls in Advance
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