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CBSE Class 12 Sample / Model Paper 2023 : Accountancy

9 pages, 87 questions, 1 questions with responses, 1 total responses,

Dk Saraff
St. Helen's School, Howrah

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SAMPLE PAPER ACCOUNTANCY CLASS: - XII SET-1, (2022-23) Time: 3 Hrs MM:80 General Instructions: (i) This question paper contains 34 questions. All questions are compulsory. (ii) This question paper is divided into two parts, Part A and B. (iii) Part-A is compulsory for all candidates. (iv) Part-B. Analysis of Financial Statements. (v) Question 1 to 16 and 27 to 30 carries 1 mark each. (vi) Questions 17 to 20, 31 and 32 carries 3 marks each. (viii) Questions from 21, 22 and 33 carries 4 marks each. (ix) Questions from 23 to 26 and 34 carries 6 marks each. There is no overall choice. However, an internal choice has been provided in 7 questions of one mark, 2 questions of three marks, 1 question of four marks and 2 questions of six mark Q No. Part A - Accounting for Partnership Firms and Companies Marks 1. Aman, Nitin and Shubham are partners sharing profits in the ratio of 2:2:1. Nitin retired and his share is taken by Shubham only. Calculate new profit sharing ratio of Aman and Shubham. 1 (a) 2 : 6 (c) 1:1 2 There are two statements marked as Assertion (A) and Reason (R.). Read the statement and choose the appropriate option from the options given below: Assertion (A): Loan from spouse of a partner is considered as external liability. Reason (R): It is shown on the debit side of Realisation. (a) Both A and R are true and R is the correct explanation of A (c) A is true but R is false 3 (b) 2:3 (d) 2:1 (a) Both A and R are true but R is not the correct explanation of A (d) A is false but R is true Abha Ltd forfeited 7000 equity shares of Rs. 100 each issued at a premium of 10%, for non-payment of first and final call of 40 per share. The maximum amount of discount at which these shares can be reissued will be: (a) 2,80,000 (c) 4,90,000 1 (b) 3,50,000 (d) None of these OR 1 1

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