Trending ▼   ResFinder  

CBSE Class 12 Pre Board 2020 : Accountancy - Prelim 1 (Delhi Public School (DPS), Jammu)

8 pages, 62 questions, 0 questions with responses, 0 total responses,    0    0
CBSE 12 Pre Boards
  
+Fave Message
 Home > cbse12_pre_boards >   F Also featured on: School Page cbse12

Formatting page ...

Delhi Public School, Jammu Assignment for Pre-Board Examination (2019-20) Subject: Accountancy Class: XII M.M:-80 Max. Time: 3 Hrs. General Instructions: 1. 2. 3. 4. 5. This question paper contains two Parts A and B. Both Part A and B are compulsory. All parts of a question should be attempted at one place. Marks are indicated against each question. All workings are a part of the answer. PART A ACCOUNTING FOR PARTNERSHIP FIRMS AND COMPANIES 1. Show how Building Fund will be dealt with in the financial statements of Delhi Football Association: Balance of Building Fund Rs.10,00,000 Donation Received for Building Rs.12,00,000 Expenditure Incurred on the Construction of sports room Rs.9,00,000 1 2. Match the following: Group A Group B i) Dissolution of Firm a)Appear in Balance Sheet ii) Credit Balance in Realisation A/c b) Realization A/c iii) Reserve Fund for Distribution c)Gain on Realization 1 3. X and Y are partners in a firm not having a partnership deed. X spends twice the time that Y devotes to business. X claims that he should get a salary of Rs.10,000 per month for his extra time spent. Y does not want to give salary. State who is correct and why? 1 st 4. Ajay, Bhawna and Shreya were partners sharing profits in the ratio of 2:2:1. On 1 July, 2019 Shreya died. The books of accounts are closed on 31st March every year. Sale for the year 2018-19 was Rs.5,00,000 and that from 1st April to 30th June 2019 was Rs.1,40,000. The rate of profit during the past three years had been 20% on sales which it is to be the basis to calculate Shreya s share of profit. Calculate Shreya s share of profit till the date of her death and pass necessary journal entry. 1 5. Give the journal entry to distribute Workmen Compensation Reserve of Rs.50,000 at the time of admission of Z, when there is no claim against it. The firm has two partners X and Y. 1 6. X, Y and Z are partners sharing profits in the ratio of 3:2:1. Y retired from the firm. New profit sharing ratio is decided to be 5:1. For the adjustment of goodwill, accountant has calculated Gaining Ratio as 2:3. Is he correct? 1 7. On death of a partner, his share of goodwill will be contributed equally by continuing partners, if .. 1 8. Pass the Journal Entry to distribute goodwill of Rs.1,00,000 brought by Anil, a new partner as his share, which he gains equally from Samay and Suraj. 1 9. Capital that a Company decides to call at the time of winding up is termed as . 1 10. Profit & Loss Appropriation Account is prepared to give effect to: a) Partnership Act, 1932 b) Partnership Act, 1932 and Partnership Deed c) Partnership Deed d) Partnership Deed and other Agreements 1

Formatting page ...

Formatting page ...

Formatting page ...

Formatting page ...

Formatting page ...

Formatting page ...

Formatting page ...

 

  Print intermediate debugging step

Show debugging info


 


Tags : cbse pre boards, prelims 2015 - 2016, preliminary examinations, central board of secondary education, india schools, free question paper with answers, twelfth standard, xiith std, board exams, mock, model, sample, specimen, past, free guess papers.india, delhi, outside delhi, foreign, cbse class xii, cbse 12, 12th standard, cbse papers, cbse sample papers, cbse books, portal for cbse india, cbse question bank, cbse question papers with answers, pre board exam papers, cbse model test papers, solved board question papers of cbse last year, previous years solved question papers, free online cbse solved question paper, cbse syllabus, india cbse board sample questions papers, last 10 years cbse questions papers, cbse important questions, specimen / mock papers.  

© 2010 - 2021 ResPaper. Terms of ServiceContact Us Advertise with us

 

ICSE Q&A - Ask and Answer
cbse12_pre_boards chat