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ISC Class XII Sample / Model Paper 2024 : Accounts

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ACCOUNTS 2 ---------------------------------------------------------------------------------------------------Maximum Marks: 80 Time Allowed: Three hours This paper has been made by strict efforts of our teachers and has a copyright by Obsession.ltd. Students do not share thesepaper with anyone as these are authenticated according to board s requirements 2024. SECTION A (60 Marks) Answer all questions. Question 1 In subparts (i) to (iv) choose the correct options and in subparts (v) to (x) answer the questions as instructed. (i) At the time of admission of a partner, recording of an unrecorded asset by the firm leads to: (a) loss to the old partners. (ii) (b) gain to the old partners. (c) gain to all the partners. (d) loss to all the partners. At the time of dissolution of a firm, its Balance Sheet showed debtors of 60,000 and provision for doubtful debts of 2,000. What is the amount realised from the debtors, if 5,000 of the debtors prove bad and the remaining debtors are realised at a discount of 20%? (a) 42,400 (b) 46,400 (c) 48,000 (d) 44,000 ---------------------------------------------------------------------------------------------------------------- OBSESSION BY SHUBHAM JAGDISH [1] [1]

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