CBSE Term 2 Sample Question Paper for Class 12 – Accountancy
Sample Question papers for Accountancy of Class 12 Exam are important enough for students to practice answer writing style. Accountancy is one of the most popular subjects in CBSE Examination Board. Every student works a fear towards exams. The Sample Questionnaire appears to be a way to overcome that fear. Class 12 Exam syllabus is much longer. Model Q&A is created based on the complete syllabus. And based on this question and answer, the students get an idea of how they will prepare for the exam. Experts prepare this Sample Question paper according to the syllabus. Stay involved in the previous year question paper. Seeing the Q&A of it gives the students a special idea on the division of marks. These ideas increase students’ Class 12 in Accountancy.
CBSE Term 2 Sample Question Paper Class 12 Exam Accountancy
Board | Central Board of Secondary Education 2022 (CBSE Term 2) |
Class | 12th |
Subject | Accountancy |
Part A
(Accounting for Not-for-Profit organizations, Partnership firms and Companies)
1.) Following information has been provided by M/s Achyut Health Care. You are required to calculate the amount of medicines consumed during the year 2020-21:
2.) Distinguish between ‘Dissolution of Partnership’ and ‘Dissolution of Partnership Firm’ based on: (i) Settlement of assets and liabilities (ii) Economic relationship
3.) Suresh, Ramesh and Tushar were partners of a firm sharing profits in the ratio of 6:5:4. Ramesh retired and his capital after making adjustments on account of reserves, revaluation of assets and reassessment of liabilities stood at ₹ 2,50,400. Suresh and Tushar agreed to pay him ₹ 2,90,000 in full settlement of his claim. Pass necessary journal entry for the treatment of goodwill. Show workings clearly.
4.) From the following information given by Modern Dance Academy, calculate the amount of Subscription received during the year 2020- 21.
(i) Subscription credited to Income & Expenditure A/c for the year ending 31st March, 2021 amounted to ₹3,00,000 and each member is required to pay an annual subscription of ₹ 3,000.
(ii)Subscription in arrears as on 1st April 2020 amounted to ₹ 16,000.
(iii) During the year 2020-21, 10 members made partial payment of ₹26,000 towards subscription, 8 members failed to pay the subscription amount and 5 members paid the subscription amount for the year2021-22.
(iv) During the year 2019-20, 12 members paid the subscription amount for the year 2020-21.
Accountancy-SQP_Term2
For Answer Key – Click Below