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CBSE Class 12 Pre Board 2020 : Accountancy (Kendriya Vidyalaya (KV), Lucknow Region)

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KENDRIYA VIDYALAYA SANGATHAN LUCKNOW REGION PRE-BOARD EXAMINATION 2019-20 CLASS XII ACCOUNTANCY TIME : 3 Hrs. M.M.:-80 General Instructions : i. This question paper contains two parts A and B. ii. Both the parts are compulsory for all. iii. All parts of a question should be attempted at one place. iv. All the workings should be the part of your answer. PART A (ACCOUNTING FOR NOT-FOR-PROFIT ORGANISATIONS, PARTNERSHIP FIRMS AND COMPANIES) 1. A, B and C are partners sharing profits and losses in the ratio 6 : 3 : 3, they agreed to take D, as new partner with 1/8th Share of profits. The new profit sharing ratio will be: a. 14 : 7 : 7 : 4 b. 1 : 1 : 1 : 1 c. 12 : 27 : 36 : 42 d. 12 : 36 : 27 : 42. (1) 2. Donation can be a. General donation b. Specific donation c. Both a & b d. None of the above. (1) 3. Goodwill is valued with a purpose to compensate ________________ partner(s) by the ________________ partners. (1) 4. Radhey and Shyam were partners in a firm. They wanted to admit five more members in a firm. List any two categories of individuals other than minors who cannot be admitted by them. 5. The old profit sharing ratio among R ,S (1) and T were 2:2:1. The new profit sharing after S s retirement is 3:2. The gaining ratio of R and T is a. 3:2 b. 2:1 c. 1:1 d. 2:3 (1)

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