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Class 12 CBSE Pre Board 2016 : Accountancy (The Navodaya Academy, Namakkal)

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Suman Devarapalli
The Navodaya Academy, Namakkal

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THE NAVODAYA ACADEMY SENIOR SECONDARY SCHOOL CBSE, NAMAKKAL PRE BOARD EXAM -7 (2015-2016) Class: XII Marks: 80 Subject: ACCOUNTANCY Time: 3 hours DATE: 055 Subject code: General Instructions: 1) This question paper contains two parts A and B. 2) Part A is compulsory for all. 3) Part B has two options-Financial statements Analysis and Computerized Accounting. 4) Attempt only one option of Part B. 5) All parts of a question should be attempted at one place. Please check that this question paper contains 23 questions. Please write down the serial number of the question before attempting it. 15 minutes time has been allotted to read the question paper PART-A: ACCOUNTING FOR PARTNERSHIP FIRM AND COMPANIES Q.1 Give the name of the compensation which is paid by a new Partner to sacrificing Partners for sacrificing their share of profits. [1] Q.2 Anand, Bhutan and Chadha sharing profits in ratio of 3:2:1. On 1st April 2007, they decided to share profits equal. Name the partners who are gaining on consequence of such change. [1]

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