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Page 1
CBSE XII | Accountancy
All India Board Paper Set 1 – 2019 Solution
CBSE
Class XII Accountancy
All India Board Paper Set 1– 2019 Solution
SECTION A
1. Answer :
Journal
Date Particulars L.F. Debit (`) Credit (`)
Partner’s Capital A/c …Dr.
To Partner’s Loan A/c
(Being balance in Partner’s Loan
transferred to Partner’s Capital in the
event of dissolution of the firm)
2. Answer :
When a partner is newly admitted into the partnership, the new partner gets the
following rights:
i. Right to share the future profits of the firm, and
ii. Right to share in the assets of the firm
OR
When the nature of the business is such that there is high demand for the product, then the
profits will be high and therefore a good value for goodwill.
3. Answer :
Not for Profit Organisations are set-up with general or specific objectives of rendering services
and enhancing the welfare of general or a particular group of people.
OR
‘Life membership fee’ is accounted as a Capital Receipt and therefore, added to Capital Fund on
the liabilities side of the Balance Sheet.
4. Answer :
Kiran’s share in Goodwill Premium = ` 24, 000 and such Goodwill is to be credited to the
sacrificing partners in the sacrificing ratio.
Therefore,
Kiya’s Share = ` 18, 000
Leela’s Share = ` 6, 000
Calculation of Sacrificing Ratio:
3 1 3
Kiya’s Sactifice
4 5 20
1 1 1
Leela's Sacrifice = =
4 5 20
? ? ?
?
Page 2
CBSE XII | Accountancy
All India Board Paper Set 1 – 2019 Solution
CBSE
Class XII Accountancy
All India Board Paper Set 1– 2019 Solution
SECTION A
1. Answer :
Journal
Date Particulars L.F. Debit (`) Credit (`)
Partner’s Capital A/c …Dr.
To Partner’s Loan A/c
(Being balance in Partner’s Loan
transferred to Partner’s Capital in the
event of dissolution of the firm)
2. Answer :
When a partner is newly admitted into the partnership, the new partner gets the
following rights:
i. Right to share the future profits of the firm, and
ii. Right to share in the assets of the firm
OR
When the nature of the business is such that there is high demand for the product, then the
profits will be high and therefore a good value for goodwill.
3. Answer :
Not for Profit Organisations are set-up with general or specific objectives of rendering services
and enhancing the welfare of general or a particular group of people.
OR
‘Life membership fee’ is accounted as a Capital Receipt and therefore, added to Capital Fund on
the liabilities side of the Balance Sheet.
4. Answer :
Kiran’s share in Goodwill Premium = ` 24, 000 and such Goodwill is to be credited to the
sacrificing partners in the sacrificing ratio.
Therefore,
Kiya’s Share = ` 18, 000
Leela’s Share = ` 6, 000
Calculation of Sacrificing Ratio:
3 1 3
Kiya’s Sactifice
4 5 20
1 1 1
Leela's Sacrifice = =
4 5 20
? ? ?
?
CBSE XII | Accountancy
All India Board Paper Set 1 – 2019 Solution
Therefore,
3 3 12 3 9
Kiya’s New Share
52
1 4 4
Kira
0 20 20
2 1 8 1 7
Leela's New S
n's
har
New Sh
e = = =
5 20
a
20 2
re =
5 4 20
0
?
? ? ? ?
?
?
??
From the above, New Profit Sharing Ratio between Kiya, Leela and Kiran is 9:7:4
5. Answer :
Profit = Sales Percentage of Profit on Sales
Therefore,
Profit till June 2017 = Sales till June 2017 10%
Profit till June 2017 = 6,00,000 10%
Profit = 60,000
Therefore, Navita's Share in Profit = 60,
?
?
?
2
000 20,000
6
??
6. Answer :
As per Section 42 of the Companies Act, 2013, Private Placement means any offer of the
securities or invitation to subscribe securities to a select group of persons by a company (other
than by way of public offer) through issue of private placement offer letter and which satisfies
the conditions specified in this section.
OR
Reserve Capital is a part of Subscribed Capital remaining uncalled that a company resolves, by a
Special Resolution, not to call except in the event of winding up of the company. Such number of
shares are shown as “Subscribed but not fully paid-up”.
7. Answer :
Goodwill of the firm = Super Profit Number of Years Purchase
Using the information given,
1,00,000 = Super Profit 4
1,00,000
Super Profit = 25,000
4
Super Profit = Average Profit - Normal Profit
25,000
?
?
?
= 80,000 - Normal Profit
Normal Profit = 55,000
Also, Normal Profit = Capital Employed Normal Rate of Return
Therefore,
100
Capital Employed by the firm = 55,000 5,50,000
10
?
??
Page 3
CBSE XII | Accountancy
All India Board Paper Set 1 – 2019 Solution
CBSE
Class XII Accountancy
All India Board Paper Set 1– 2019 Solution
SECTION A
1. Answer :
Journal
Date Particulars L.F. Debit (`) Credit (`)
Partner’s Capital A/c …Dr.
To Partner’s Loan A/c
(Being balance in Partner’s Loan
transferred to Partner’s Capital in the
event of dissolution of the firm)
2. Answer :
When a partner is newly admitted into the partnership, the new partner gets the
following rights:
i. Right to share the future profits of the firm, and
ii. Right to share in the assets of the firm
OR
When the nature of the business is such that there is high demand for the product, then the
profits will be high and therefore a good value for goodwill.
3. Answer :
Not for Profit Organisations are set-up with general or specific objectives of rendering services
and enhancing the welfare of general or a particular group of people.
OR
‘Life membership fee’ is accounted as a Capital Receipt and therefore, added to Capital Fund on
the liabilities side of the Balance Sheet.
4. Answer :
Kiran’s share in Goodwill Premium = ` 24, 000 and such Goodwill is to be credited to the
sacrificing partners in the sacrificing ratio.
Therefore,
Kiya’s Share = ` 18, 000
Leela’s Share = ` 6, 000
Calculation of Sacrificing Ratio:
3 1 3
Kiya’s Sactifice
4 5 20
1 1 1
Leela's Sacrifice = =
4 5 20
? ? ?
?
CBSE XII | Accountancy
All India Board Paper Set 1 – 2019 Solution
Therefore,
3 3 12 3 9
Kiya’s New Share
52
1 4 4
Kira
0 20 20
2 1 8 1 7
Leela's New S
n's
har
New Sh
e = = =
5 20
a
20 2
re =
5 4 20
0
?
? ? ? ?
?
?
??
From the above, New Profit Sharing Ratio between Kiya, Leela and Kiran is 9:7:4
5. Answer :
Profit = Sales Percentage of Profit on Sales
Therefore,
Profit till June 2017 = Sales till June 2017 10%
Profit till June 2017 = 6,00,000 10%
Profit = 60,000
Therefore, Navita's Share in Profit = 60,
?
?
?
2
000 20,000
6
??
6. Answer :
As per Section 42 of the Companies Act, 2013, Private Placement means any offer of the
securities or invitation to subscribe securities to a select group of persons by a company (other
than by way of public offer) through issue of private placement offer letter and which satisfies
the conditions specified in this section.
OR
Reserve Capital is a part of Subscribed Capital remaining uncalled that a company resolves, by a
Special Resolution, not to call except in the event of winding up of the company. Such number of
shares are shown as “Subscribed but not fully paid-up”.
7. Answer :
Goodwill of the firm = Super Profit Number of Years Purchase
Using the information given,
1,00,000 = Super Profit 4
1,00,000
Super Profit = 25,000
4
Super Profit = Average Profit - Normal Profit
25,000
?
?
?
= 80,000 - Normal Profit
Normal Profit = 55,000
Also, Normal Profit = Capital Employed Normal Rate of Return
Therefore,
100
Capital Employed by the firm = 55,000 5,50,000
10
?
??
CBSE XII | Accountancy
All India Board Paper Set 1 – 2019 Solution
8. Answer :
In the Books of UZ Ltd.
Journal
Date Particulars L.F. Debit (`) Credit (`)
Plant and Machinery A/c …Dr.
To Elk Machine Ltd.
(Being asset purchased on credit from Elk
Machine Ltd. recorded in the books)
6,90,000
6,90,000
Elk Machine Ltd. …Dr.
Discount on Issue of Debentures A/c …Dr.
To 6% Debentures A/c
To Bills Payable A/c
(Being vendor paid for asset, partly through
draft and balance by issuing debentures at
discount)
6,90,000
1,50,000
7,50,000
90,000
Workings:
i. Computation of number of debentures issued for asset purchased:
Purchase Consideration - Draft
Number of Debentures =
Face Value - Discount
6,90,000 90,000
Number of Debentures =
100 20
Therefore,
Number of Debentures 7,500 Debentures
?
?
?
OR
In the Books of ZK Ltd.
Journal
Date Particulars L.F. Debit (`) Credit (`)
Bank A/c …Dr.
To Debenture Application & Allotment A/c
(Being application money received from
debenture holders @5% discount)
3,80,000
3,80,000
Debenture Application & Allotment A/c …Dr.
Discount on Issue of Debentures A/c …Dr.
Loss on Issue of Debentures A/c …Dr.
To 9% Debentures A/c
To Premium on Redemption of Debentures A/c
(Being 9% Debentures issued @5% discount and
repayable at 10% premium)
3,80,000
20,000
40,000
4,00,000
40,000
9. Answer :
In the Books of Willow Ltd.
Balance Sheet as at 31
st
March, 2018 (Extract)
Particulars Note No. (`)
EQUITY & LIABILITIES
1. Shareholder’s Funds
(a) Share Capital
1
7,44,000
7,44,000
Page 4
CBSE XII | Accountancy
All India Board Paper Set 1 – 2019 Solution
CBSE
Class XII Accountancy
All India Board Paper Set 1– 2019 Solution
SECTION A
1. Answer :
Journal
Date Particulars L.F. Debit (`) Credit (`)
Partner’s Capital A/c …Dr.
To Partner’s Loan A/c
(Being balance in Partner’s Loan
transferred to Partner’s Capital in the
event of dissolution of the firm)
2. Answer :
When a partner is newly admitted into the partnership, the new partner gets the
following rights:
i. Right to share the future profits of the firm, and
ii. Right to share in the assets of the firm
OR
When the nature of the business is such that there is high demand for the product, then the
profits will be high and therefore a good value for goodwill.
3. Answer :
Not for Profit Organisations are set-up with general or specific objectives of rendering services
and enhancing the welfare of general or a particular group of people.
OR
‘Life membership fee’ is accounted as a Capital Receipt and therefore, added to Capital Fund on
the liabilities side of the Balance Sheet.
4. Answer :
Kiran’s share in Goodwill Premium = ` 24, 000 and such Goodwill is to be credited to the
sacrificing partners in the sacrificing ratio.
Therefore,
Kiya’s Share = ` 18, 000
Leela’s Share = ` 6, 000
Calculation of Sacrificing Ratio:
3 1 3
Kiya’s Sactifice
4 5 20
1 1 1
Leela's Sacrifice = =
4 5 20
? ? ?
?
CBSE XII | Accountancy
All India Board Paper Set 1 – 2019 Solution
Therefore,
3 3 12 3 9
Kiya’s New Share
52
1 4 4
Kira
0 20 20
2 1 8 1 7
Leela's New S
n's
har
New Sh
e = = =
5 20
a
20 2
re =
5 4 20
0
?
? ? ? ?
?
?
??
From the above, New Profit Sharing Ratio between Kiya, Leela and Kiran is 9:7:4
5. Answer :
Profit = Sales Percentage of Profit on Sales
Therefore,
Profit till June 2017 = Sales till June 2017 10%
Profit till June 2017 = 6,00,000 10%
Profit = 60,000
Therefore, Navita's Share in Profit = 60,
?
?
?
2
000 20,000
6
??
6. Answer :
As per Section 42 of the Companies Act, 2013, Private Placement means any offer of the
securities or invitation to subscribe securities to a select group of persons by a company (other
than by way of public offer) through issue of private placement offer letter and which satisfies
the conditions specified in this section.
OR
Reserve Capital is a part of Subscribed Capital remaining uncalled that a company resolves, by a
Special Resolution, not to call except in the event of winding up of the company. Such number of
shares are shown as “Subscribed but not fully paid-up”.
7. Answer :
Goodwill of the firm = Super Profit Number of Years Purchase
Using the information given,
1,00,000 = Super Profit 4
1,00,000
Super Profit = 25,000
4
Super Profit = Average Profit - Normal Profit
25,000
?
?
?
= 80,000 - Normal Profit
Normal Profit = 55,000
Also, Normal Profit = Capital Employed Normal Rate of Return
Therefore,
100
Capital Employed by the firm = 55,000 5,50,000
10
?
??
CBSE XII | Accountancy
All India Board Paper Set 1 – 2019 Solution
8. Answer :
In the Books of UZ Ltd.
Journal
Date Particulars L.F. Debit (`) Credit (`)
Plant and Machinery A/c …Dr.
To Elk Machine Ltd.
(Being asset purchased on credit from Elk
Machine Ltd. recorded in the books)
6,90,000
6,90,000
Elk Machine Ltd. …Dr.
Discount on Issue of Debentures A/c …Dr.
To 6% Debentures A/c
To Bills Payable A/c
(Being vendor paid for asset, partly through
draft and balance by issuing debentures at
discount)
6,90,000
1,50,000
7,50,000
90,000
Workings:
i. Computation of number of debentures issued for asset purchased:
Purchase Consideration - Draft
Number of Debentures =
Face Value - Discount
6,90,000 90,000
Number of Debentures =
100 20
Therefore,
Number of Debentures 7,500 Debentures
?
?
?
OR
In the Books of ZK Ltd.
Journal
Date Particulars L.F. Debit (`) Credit (`)
Bank A/c …Dr.
To Debenture Application & Allotment A/c
(Being application money received from
debenture holders @5% discount)
3,80,000
3,80,000
Debenture Application & Allotment A/c …Dr.
Discount on Issue of Debentures A/c …Dr.
Loss on Issue of Debentures A/c …Dr.
To 9% Debentures A/c
To Premium on Redemption of Debentures A/c
(Being 9% Debentures issued @5% discount and
repayable at 10% premium)
3,80,000
20,000
40,000
4,00,000
40,000
9. Answer :
In the Books of Willow Ltd.
Balance Sheet as at 31
st
March, 2018 (Extract)
Particulars Note No. (`)
EQUITY & LIABILITIES
1. Shareholder’s Funds
(a) Share Capital
1
7,44,000
7,44,000
CBSE XII | Accountancy
All India Board Paper Set 1 – 2019 Solution
Notes to Accounts
Note
No.
Particulars (`)
1 Share Capital
Authorised Capital
1,00,000 Equity Shares of Rs.10 each
Issued Capital
80,000 Equity Shares of Rs.10 each
Subscribed Capital
Subscribed and fully paid up
72,000 Shares of Rs.10 each
Subscribed but not fully paid up
3,000 Shares of Rs.10 each 30,000
Less: Calls in arrears (3000 × 2) (6,000)
10,00,000
8,00,000
7,20,000
24,000
7,44,000
10. Answer :
Subscriptions received during the year 2017-18
Particulars Amount
(`)
Subscription due for 2017-18 (1,250 × 150)
Add: Outstanding at the beginning of the year
Less: Advance at the beginning of the year
Less: Outstanding at the end of the year (45 × 150)
Add: Advance at the end of the year (46 × 150)
1,87,500
15,000
(3,000)
(6,750)
6,900
Total amount of Subscriptions to be debited to the Receipts and Payments A/c 1,99,650
11. Answer :
In the books of Hari, Kunal & Uma
Journal
Date Particulars L.F. Debit (`) Credit (`)
Profit & Loss A/c …Dr.
To Hari’s Capital A/c
To Kunal’s Capital A/c
To Uma’s Capital A/c
(Being accumulated profit distributed in the old
profit sharing ratio of the partners)
75,000
37,500
22,500
15,000
Kunal’s Capital A/c …Dr.
Uma’s Capital A/c …Dr.
To Hari’s Capital A/c
(Being adjustment made for goodwill through
partners’ capital account)
60,000
30,000
90,000
Investment Fluctuation Fund A/c ...Dr.
To Investments A/c
(Being Investments brought down to their market
value)
15,000
15,000
Page 5
CBSE XII | Accountancy
All India Board Paper Set 1 – 2019 Solution
CBSE
Class XII Accountancy
All India Board Paper Set 1– 2019 Solution
SECTION A
1. Answer :
Journal
Date Particulars L.F. Debit (`) Credit (`)
Partner’s Capital A/c …Dr.
To Partner’s Loan A/c
(Being balance in Partner’s Loan
transferred to Partner’s Capital in the
event of dissolution of the firm)
2. Answer :
When a partner is newly admitted into the partnership, the new partner gets the
following rights:
i. Right to share the future profits of the firm, and
ii. Right to share in the assets of the firm
OR
When the nature of the business is such that there is high demand for the product, then the
profits will be high and therefore a good value for goodwill.
3. Answer :
Not for Profit Organisations are set-up with general or specific objectives of rendering services
and enhancing the welfare of general or a particular group of people.
OR
‘Life membership fee’ is accounted as a Capital Receipt and therefore, added to Capital Fund on
the liabilities side of the Balance Sheet.
4. Answer :
Kiran’s share in Goodwill Premium = ` 24, 000 and such Goodwill is to be credited to the
sacrificing partners in the sacrificing ratio.
Therefore,
Kiya’s Share = ` 18, 000
Leela’s Share = ` 6, 000
Calculation of Sacrificing Ratio:
3 1 3
Kiya’s Sactifice
4 5 20
1 1 1
Leela's Sacrifice = =
4 5 20
? ? ?
?
CBSE XII | Accountancy
All India Board Paper Set 1 – 2019 Solution
Therefore,
3 3 12 3 9
Kiya’s New Share
52
1 4 4
Kira
0 20 20
2 1 8 1 7
Leela's New S
n's
har
New Sh
e = = =
5 20
a
20 2
re =
5 4 20
0
?
? ? ? ?
?
?
??
From the above, New Profit Sharing Ratio between Kiya, Leela and Kiran is 9:7:4
5. Answer :
Profit = Sales Percentage of Profit on Sales
Therefore,
Profit till June 2017 = Sales till June 2017 10%
Profit till June 2017 = 6,00,000 10%
Profit = 60,000
Therefore, Navita's Share in Profit = 60,
?
?
?
2
000 20,000
6
??
6. Answer :
As per Section 42 of the Companies Act, 2013, Private Placement means any offer of the
securities or invitation to subscribe securities to a select group of persons by a company (other
than by way of public offer) through issue of private placement offer letter and which satisfies
the conditions specified in this section.
OR
Reserve Capital is a part of Subscribed Capital remaining uncalled that a company resolves, by a
Special Resolution, not to call except in the event of winding up of the company. Such number of
shares are shown as “Subscribed but not fully paid-up”.
7. Answer :
Goodwill of the firm = Super Profit Number of Years Purchase
Using the information given,
1,00,000 = Super Profit 4
1,00,000
Super Profit = 25,000
4
Super Profit = Average Profit - Normal Profit
25,000
?
?
?
= 80,000 - Normal Profit
Normal Profit = 55,000
Also, Normal Profit = Capital Employed Normal Rate of Return
Therefore,
100
Capital Employed by the firm = 55,000 5,50,000
10
?
??
CBSE XII | Accountancy
All India Board Paper Set 1 – 2019 Solution
8. Answer :
In the Books of UZ Ltd.
Journal
Date Particulars L.F. Debit (`) Credit (`)
Plant and Machinery A/c …Dr.
To Elk Machine Ltd.
(Being asset purchased on credit from Elk
Machine Ltd. recorded in the books)
6,90,000
6,90,000
Elk Machine Ltd. …Dr.
Discount on Issue of Debentures A/c …Dr.
To 6% Debentures A/c
To Bills Payable A/c
(Being vendor paid for asset, partly through
draft and balance by issuing debentures at
discount)
6,90,000
1,50,000
7,50,000
90,000
Workings:
i. Computation of number of debentures issued for asset purchased:
Purchase Consideration - Draft
Number of Debentures =
Face Value - Discount
6,90,000 90,000
Number of Debentures =
100 20
Therefore,
Number of Debentures 7,500 Debentures
?
?
?
OR
In the Books of ZK Ltd.
Journal
Date Particulars L.F. Debit (`) Credit (`)
Bank A/c …Dr.
To Debenture Application & Allotment A/c
(Being application money received from
debenture holders @5% discount)
3,80,000
3,80,000
Debenture Application & Allotment A/c …Dr.
Discount on Issue of Debentures A/c …Dr.
Loss on Issue of Debentures A/c …Dr.
To 9% Debentures A/c
To Premium on Redemption of Debentures A/c
(Being 9% Debentures issued @5% discount and
repayable at 10% premium)
3,80,000
20,000
40,000
4,00,000
40,000
9. Answer :
In the Books of Willow Ltd.
Balance Sheet as at 31
st
March, 2018 (Extract)
Particulars Note No. (`)
EQUITY & LIABILITIES
1. Shareholder’s Funds
(a) Share Capital
1
7,44,000
7,44,000
CBSE XII | Accountancy
All India Board Paper Set 1 – 2019 Solution
Notes to Accounts
Note
No.
Particulars (`)
1 Share Capital
Authorised Capital
1,00,000 Equity Shares of Rs.10 each
Issued Capital
80,000 Equity Shares of Rs.10 each
Subscribed Capital
Subscribed and fully paid up
72,000 Shares of Rs.10 each
Subscribed but not fully paid up
3,000 Shares of Rs.10 each 30,000
Less: Calls in arrears (3000 × 2) (6,000)
10,00,000
8,00,000
7,20,000
24,000
7,44,000
10. Answer :
Subscriptions received during the year 2017-18
Particulars Amount
(`)
Subscription due for 2017-18 (1,250 × 150)
Add: Outstanding at the beginning of the year
Less: Advance at the beginning of the year
Less: Outstanding at the end of the year (45 × 150)
Add: Advance at the end of the year (46 × 150)
1,87,500
15,000
(3,000)
(6,750)
6,900
Total amount of Subscriptions to be debited to the Receipts and Payments A/c 1,99,650
11. Answer :
In the books of Hari, Kunal & Uma
Journal
Date Particulars L.F. Debit (`) Credit (`)
Profit & Loss A/c …Dr.
To Hari’s Capital A/c
To Kunal’s Capital A/c
To Uma’s Capital A/c
(Being accumulated profit distributed in the old
profit sharing ratio of the partners)
75,000
37,500
22,500
15,000
Kunal’s Capital A/c …Dr.
Uma’s Capital A/c …Dr.
To Hari’s Capital A/c
(Being adjustment made for goodwill through
partners’ capital account)
60,000
30,000
90,000
Investment Fluctuation Fund A/c ...Dr.
To Investments A/c
(Being Investments brought down to their market
value)
15,000
15,000
CBSE XII | Accountancy
All India Board Paper Set 1 – 2019 Solution
Revaluation A/c …Dr.
To Stock A/c
(Being depreciation in stock recorded in the
Revaluation Account)
5,000
5,000
Hari’s Capital A/c …Dr.
Kunal’s Capital A/c …Dr.
Uma’s Capital A/c …Dr.
To Revaluation A/c
(Being loss on revaluation distributed among the
partners in their old profit sharing ratio)
2,500
1,500
1,000
5,000
12. Answer :
In the books of Meera, Sarthak and Rohit
Dr. Sarthak’s Capital Account Cr.
Date Particulars (`) Date Particulars (`)
2018
June 15
To Sarthak’s
Executor’s A/c
6,58,750
2018
Apr.
01
By Balance b/d
By Contingency Reserve
By Meera’s Capital A/c
By Rohit’s Capital A/c
By Profit & Loss Suspense A/c
By Interest on Capital Account
3,50,000
40,000
1,60,000
80,000
20,000
8,750
6,58,750 6,58,750
Working Notes:
i. Calculation of Goodwill:
Goodwill of the firm = Average Profit No. of years purchase, where
2,20,000 2,60,000 2,00,000 1,20,000 8,00,000
Average Profit = = 2,00,000
44
Therefore,
Goodwill of the firm = 2,00,000 3 = 6,00,00
?
???
?
? 0
2
Sarthak's Share of Goodwill = 6,00,000 2, 40,000
5
2
Sarthak's Share to be given by Meera = 2,40,000 1,60,000
3
1
Sarthak's Share to be given by Rohit = 2,40,000 80,000
3
??
??
??
ii. Calculation of Profit till the date of death:
2,20,000 + 2,60,000 4,80,000
Average Profit = = 2,40,000
22
2.5
Profit till date of death = 2,40,000 = 50,000
12
2
Sarthak's Share in Profit = 50,000 20,000
5
?
?
??
iii. Calculation of Interest on Capital:
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FAQs on CBSE Accountancy Past year paper All India (Solution) - 2019, Class 12 - Additional Study Material for Commerce
| 1. What is the format of the CBSE Accountancy exam for Class 12 Commerce? |  |
Ans. The CBSE Accountancy exam for Class 12 Commerce follows a fixed format. It consists of a total of 80 marks, divided into two sections - Part A and Part B. Part A carries 40 marks and includes multiple-choice questions, short-answer questions, and case-based questions. Part B carries 40 marks and consists of long-answer questions. It is important to understand and prepare for the different types of questions in order to score well in the exam.
| 2. How can I access the CBSE Accountancy Past Year Paper with Solutions for All India 2019? | |
Ans. The CBSE Accountancy Past Year Paper with Solutions for All India 2019 can be accessed through various online platforms. One can search for it on educational websites, CBSE official websites, or even on popular search engines like Google. These papers are often available in PDF format and can be downloaded for free. It is advisable to solve these papers and refer to the solutions to get a better understanding of the exam pattern and marking scheme.
| 3. What are the key topics covered in the CBSE Accountancy exam for Class 12 Commerce? | |
Ans. The CBSE Accountancy exam for Class 12 Commerce covers a wide range of topics. Some of the key topics include Financial Statements Analysis, Cash Flow Statement, Partnership Accounts, Company Accounts, Accounting Ratios, and Financial Statement Analysis. It is important for students to have a strong understanding of these topics and practice solving relevant questions to perform well in the exam.
| 4. How should I prepare for the CBSE Accountancy exam for Class 12 Commerce? | |
Ans. To prepare for the CBSE Accountancy exam for Class 12 Commerce, it is important to have a systematic study plan. Start by understanding the syllabus and exam pattern. Make a list of topics and prioritize them based on their weightage in the exam. Study each topic thoroughly, referring to textbooks, study guides, and online resources. Practice solving previous year papers and sample papers to get familiar with the exam format. Additionally, seek help from teachers or join coaching classes if needed.
| 5. Are there any specific tips for scoring well in the CBSE Accountancy exam for Class 12 Commerce? | |
Ans. Yes, there are a few tips that can help in scoring well in the CBSE Accountancy exam for Class 12 Commerce. Firstly, practice solving numerical problems as they carry significant weightage in the exam. Understand the concepts and formulas thoroughly to solve these problems accurately. Secondly, focus on presentation and neatness while writing the answers. Use proper headings, subheadings, and underline important points to make your answer sheet look organized. Lastly, manage your time effectively during the exam and attempt all questions to maximize your score.
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Document Description: CBSE Accountancy Past year paper All India (Solution) - 2019, Class 12 for Commerce 2024 is part of Additional Study Material for Commerce preparation.
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