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CBSE XII Sample / Mock 2012 : ACCOUNTANCY with Answers (Paper II)

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SAMPLE QUESTION PAPER ACCOUNTANCY Class - XII Set - II Time Allowed - 3 Hrs. Max. Marks - 80 General Instructions :1. This question paper contains three parts A, B and C. 2. Part A is compulsory for all candidates. 3. Candidates can attempt only one part of the remaining part B and C. 4. All parts of a question should be attempted at one place. Part A 1. Accounting for Not for Profit Organizations, Partnership Firms and Companies Name the account which shows the classified summary of transactions of a Cash Book in a not-for-profit organisation. (1) 2. List two items that may appear on the Credit side of a partner s fixed capital account.(1) 3. Give two circumstances in which sacrificing ratio may be applied. (1) 4. Name any two factors affecting goodwill of a partnership firm. (1) 5. What is the nature of Interest on Debentures? (1) 6. On the basis of following information, calculate the amount of stationery to be shown in Income and Expenditure Account for the year ended 31st March, 2007. (3) Rs. Stock of stationery on 1.4.2006 50,000 Stock of stationery on 31.3.2007 40,000 Amount paid for stationery during the year 2,00,000 Creditors for stationery on 1.4.2006 20,000 Creditors for stationery on 31.3.2007 10,000 7. State the exceptions to the creation of Debenture Redemption Reserve as per SEBI Guidelines. (3) 8. Akash Ltd. issued 1,00,000 shares of Rs. 10 each, payable as follows : Rs. 2 on application payable on 1st March, 2006; Rs. 3 on allotment payable on 1st May, 2006; Rs. 2 on first call payable on 1st August, 2006 and Rs. 3 on second and final call payable on 1st December, 2006. All these shares were subscribed for and amounts duly received. Akriti, who had 8,000 shares, paid the amount of both the calls alongwith allotment. 102

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Additional Info : CBSE Class XII Board Solved Sample / Mock Question Paper 2012 Accountancy with Answers
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