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Class 12 Accountancy Previous Year Paper 2023 | Accountancy Class 12 - Commerce PDF Download

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 Page 1


  
67/1/1  JJ JJ Page 1 P.T.O.   
narjmWu àíZ-nÌ H$moS> >H$mo CÎma-nwpñVH$m Ho$ 
_wI-n¥ð >na Adí` {bIo§ & 
Candidates must write the Q.P. Code on 
the title page of the answer-book. 
Series 
E F1 G H / 1
 S E T~ 1 
     
   
 
 
Q.P. Code  
Roll No. 
 
 
 
boImemñÌ 
ACCOUNTANCY 
* 
: 3 : 80 
Time allowed : 3 hours Maximum Marks : 80 
 
N O T E :
(i) 
- 3 9
 Please check that this question paper contains 3 9 printed pages. 
(ii) 
- - -
-
 Q.P. Code given on the right hand side of the question paper should be written on the title 
page of the answer-book by the candidate. 
(iii) 
- 3 4 
 Please check that this question paper contains 3 4 questions.  
(iv) 
-
 Please write down the serial number of the question in the answer-book before attempting 
it. 
(v) 
- 15 -
10.15 10.15 10.30 -
-
 15 minute time has been allotted to read this question paper. The question paper  will  be 
 distributed at 10.15 a.m. From 10.15 a.m. to 10.30 a.m., the students will read the 
question paper only and will not write any answer on the answer-book during this period. 
67/1/1
 
Page 2


  
67/1/1  JJ JJ Page 1 P.T.O.   
narjmWu àíZ-nÌ H$moS> >H$mo CÎma-nwpñVH$m Ho$ 
_wI-n¥ð >na Adí` {bIo§ & 
Candidates must write the Q.P. Code on 
the title page of the answer-book. 
Series 
E F1 G H / 1
 S E T~ 1 
     
   
 
 
Q.P. Code  
Roll No. 
 
 
 
boImemñÌ 
ACCOUNTANCY 
* 
: 3 : 80 
Time allowed : 3 hours Maximum Marks : 80 
 
N O T E :
(i) 
- 3 9
 Please check that this question paper contains 3 9 printed pages. 
(ii) 
- - -
-
 Q.P. Code given on the right hand side of the question paper should be written on the title 
page of the answer-book by the candidate. 
(iii) 
- 3 4 
 Please check that this question paper contains 3 4 questions.  
(iv) 
-
 Please write down the serial number of the question in the answer-book before attempting 
it. 
(v) 
- 15 -
10.15 10.15 10.30 -
-
 15 minute time has been allotted to read this question paper. The question paper  will  be 
 distributed at 10.15 a.m. From 10.15 a.m. to 10.30 a.m., the students will read the 
question paper only and will not write any answer on the answer-book during this period. 
67/1/1
 
  
67/1/1  JJ JJ Page 2 
: 
: 
(i) 34  
(ii)  
(iii) 
(iv)  (1) (2)
(v) 1 16 27 30  
(vi) 17 20, 31 32  
(vii) 21, 22 33 
(viii) 23 26 34 
(ix) 7
2 1 2
^mJ> H$ 
(gmPoXmar \$_m] VWm H$ån{Z`m| Ho$ {bE boIm§H$Z) 
1. (i)  {hZm VWm ZrZm EH$ \$_© _| gmPoXma h¢ & 31 _mM©, 2022 H$mo g_mßV hþE df© _|, 
ZrZm Zo àË`oH$ _mh Ho$ àmaå^ _| < 10,000 à{V _mh H$m AmhaU {H$`m h¡ & 
AmhaU na ã`mO 6% dm{f©H$ Xa go à^m[aV {H$`m OmZm Wm & 
  31 _mM©, 2022 H$mo g_mßV hþE df© _| ZrZm Ho$ AmhaU na ã`mO hmoJm :    1 
(a) < 3,900 (b) < 325 
(c) < 3,600 (d) < 3,300  
 AWdm 
(ii) {d^m VWm Amem EH$ \$_© _| gmPoXma h¢ & 31 _mM©, 2022 H$mo g_mßV hþE df© _| 
Amem Zo àË`oH$ {V_mhr Ho$ AÝV _| < 1,000 H$m AmhaU {H$`m h¡ & AmhaU na 
ã`mO H$s JUZm H$s Am¡gV Ad{Y hmoJr :    1 
(a) 6 _mh   (b) 4
2
1
 _mh$  $  
(c) 7
2
1
 _mh  (d) 6
2
1
 _mh  
Page 3


  
67/1/1  JJ JJ Page 1 P.T.O.   
narjmWu àíZ-nÌ H$moS> >H$mo CÎma-nwpñVH$m Ho$ 
_wI-n¥ð >na Adí` {bIo§ & 
Candidates must write the Q.P. Code on 
the title page of the answer-book. 
Series 
E F1 G H / 1
 S E T~ 1 
     
   
 
 
Q.P. Code  
Roll No. 
 
 
 
boImemñÌ 
ACCOUNTANCY 
* 
: 3 : 80 
Time allowed : 3 hours Maximum Marks : 80 
 
N O T E :
(i) 
- 3 9
 Please check that this question paper contains 3 9 printed pages. 
(ii) 
- - -
-
 Q.P. Code given on the right hand side of the question paper should be written on the title 
page of the answer-book by the candidate. 
(iii) 
- 3 4 
 Please check that this question paper contains 3 4 questions.  
(iv) 
-
 Please write down the serial number of the question in the answer-book before attempting 
it. 
(v) 
- 15 -
10.15 10.15 10.30 -
-
 15 minute time has been allotted to read this question paper. The question paper  will  be 
 distributed at 10.15 a.m. From 10.15 a.m. to 10.30 a.m., the students will read the 
question paper only and will not write any answer on the answer-book during this period. 
67/1/1
 
  
67/1/1  JJ JJ Page 2 
: 
: 
(i) 34  
(ii)  
(iii) 
(iv)  (1) (2)
(v) 1 16 27 30  
(vi) 17 20, 31 32  
(vii) 21, 22 33 
(viii) 23 26 34 
(ix) 7
2 1 2
^mJ> H$ 
(gmPoXmar \$_m] VWm H$ån{Z`m| Ho$ {bE boIm§H$Z) 
1. (i)  {hZm VWm ZrZm EH$ \$_© _| gmPoXma h¢ & 31 _mM©, 2022 H$mo g_mßV hþE df© _|, 
ZrZm Zo àË`oH$ _mh Ho$ àmaå^ _| < 10,000 à{V _mh H$m AmhaU {H$`m h¡ & 
AmhaU na ã`mO 6% dm{f©H$ Xa go à^m[aV {H$`m OmZm Wm & 
  31 _mM©, 2022 H$mo g_mßV hþE df© _| ZrZm Ho$ AmhaU na ã`mO hmoJm :    1 
(a) < 3,900 (b) < 325 
(c) < 3,600 (d) < 3,300  
 AWdm 
(ii) {d^m VWm Amem EH$ \$_© _| gmPoXma h¢ & 31 _mM©, 2022 H$mo g_mßV hþE df© _| 
Amem Zo àË`oH$ {V_mhr Ho$ AÝV _| < 1,000 H$m AmhaU {H$`m h¡ & AmhaU na 
ã`mO H$s JUZm H$s Am¡gV Ad{Y hmoJr :    1 
(a) 6 _mh   (b) 4
2
1
 _mh$  $  
(c) 7
2
1
 _mh  (d) 6
2
1
 _mh  
  
67/1/1  JJ JJ Page 3 P.T.O.   
General Instructions : 
Read the following instructions very carefully and strictly follow them : 
(i) This question paper contains 34 questions. All questions are compulsory. 
(ii) This question paper is divided into two parts  Part A and Part B. 
(iii) Part A is compulsory for all candidates.  
(iv) Part B has two options i.e. (1) Analysis of Financial Statements, and  
(2) Computerised Accounting. Candidates must attempt only one of the given 
options as per the subject opted in Part B. 
(v) Questions no. 1 to 16 and 27 to 30 carry 1 mark each. 
(vi) Questions no. 17 to 20, 31 and 32 carry 3 marks each. 
(vii) Questions no. 21, 22 and 33 carry 4 marks each. 
(viii) Questions no. 23 to 26 and 34 carry 6 marks each. 
(ix) 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 marks.  
PART A  
(Accounting for Partnership Firms and Companies)  
1. (i) Hina and Neena are partners in a firm. Neena withdrew < 10,000 
per month at the beginning of each month during the year ended 
31
st
 March, 2022. Interest on drawings was to be charged @ 6% per 
annum. 
  
st
 March, 2022 
will be : 1 
(a) < 3,900 (b) < 325 
(c) < 3,600 (d) < 3,300 
 OR 
(ii) Vibha and Asha are partners in a firm. Asha withdrew < 1,000 at 
the end of each quarter during the year ended 31
st
 March, 2022. 
Interest on drawings will be calculated for an average period of  :  1 
(a) 6 months  (b) 4
2
1
 months  
(c) 7
2
1
 months (d) 6
2
1
 months 
Page 4


  
67/1/1  JJ JJ Page 1 P.T.O.   
narjmWu àíZ-nÌ H$moS> >H$mo CÎma-nwpñVH$m Ho$ 
_wI-n¥ð >na Adí` {bIo§ & 
Candidates must write the Q.P. Code on 
the title page of the answer-book. 
Series 
E F1 G H / 1
 S E T~ 1 
     
   
 
 
Q.P. Code  
Roll No. 
 
 
 
boImemñÌ 
ACCOUNTANCY 
* 
: 3 : 80 
Time allowed : 3 hours Maximum Marks : 80 
 
N O T E :
(i) 
- 3 9
 Please check that this question paper contains 3 9 printed pages. 
(ii) 
- - -
-
 Q.P. Code given on the right hand side of the question paper should be written on the title 
page of the answer-book by the candidate. 
(iii) 
- 3 4 
 Please check that this question paper contains 3 4 questions.  
(iv) 
-
 Please write down the serial number of the question in the answer-book before attempting 
it. 
(v) 
- 15 -
10.15 10.15 10.30 -
-
 15 minute time has been allotted to read this question paper. The question paper  will  be 
 distributed at 10.15 a.m. From 10.15 a.m. to 10.30 a.m., the students will read the 
question paper only and will not write any answer on the answer-book during this period. 
67/1/1
 
  
67/1/1  JJ JJ Page 2 
: 
: 
(i) 34  
(ii)  
(iii) 
(iv)  (1) (2)
(v) 1 16 27 30  
(vi) 17 20, 31 32  
(vii) 21, 22 33 
(viii) 23 26 34 
(ix) 7
2 1 2
^mJ> H$ 
(gmPoXmar \$_m] VWm H$ån{Z`m| Ho$ {bE boIm§H$Z) 
1. (i)  {hZm VWm ZrZm EH$ \$_© _| gmPoXma h¢ & 31 _mM©, 2022 H$mo g_mßV hþE df© _|, 
ZrZm Zo àË`oH$ _mh Ho$ àmaå^ _| < 10,000 à{V _mh H$m AmhaU {H$`m h¡ & 
AmhaU na ã`mO 6% dm{f©H$ Xa go à^m[aV {H$`m OmZm Wm & 
  31 _mM©, 2022 H$mo g_mßV hþE df© _| ZrZm Ho$ AmhaU na ã`mO hmoJm :    1 
(a) < 3,900 (b) < 325 
(c) < 3,600 (d) < 3,300  
 AWdm 
(ii) {d^m VWm Amem EH$ \$_© _| gmPoXma h¢ & 31 _mM©, 2022 H$mo g_mßV hþE df© _| 
Amem Zo àË`oH$ {V_mhr Ho$ AÝV _| < 1,000 H$m AmhaU {H$`m h¡ & AmhaU na 
ã`mO H$s JUZm H$s Am¡gV Ad{Y hmoJr :    1 
(a) 6 _mh   (b) 4
2
1
 _mh$  $  
(c) 7
2
1
 _mh  (d) 6
2
1
 _mh  
  
67/1/1  JJ JJ Page 3 P.T.O.   
General Instructions : 
Read the following instructions very carefully and strictly follow them : 
(i) This question paper contains 34 questions. All questions are compulsory. 
(ii) This question paper is divided into two parts  Part A and Part B. 
(iii) Part A is compulsory for all candidates.  
(iv) Part B has two options i.e. (1) Analysis of Financial Statements, and  
(2) Computerised Accounting. Candidates must attempt only one of the given 
options as per the subject opted in Part B. 
(v) Questions no. 1 to 16 and 27 to 30 carry 1 mark each. 
(vi) Questions no. 17 to 20, 31 and 32 carry 3 marks each. 
(vii) Questions no. 21, 22 and 33 carry 4 marks each. 
(viii) Questions no. 23 to 26 and 34 carry 6 marks each. 
(ix) 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 marks.  
PART A  
(Accounting for Partnership Firms and Companies)  
1. (i) Hina and Neena are partners in a firm. Neena withdrew < 10,000 
per month at the beginning of each month during the year ended 
31
st
 March, 2022. Interest on drawings was to be charged @ 6% per 
annum. 
  
st
 March, 2022 
will be : 1 
(a) < 3,900 (b) < 325 
(c) < 3,600 (d) < 3,300 
 OR 
(ii) Vibha and Asha are partners in a firm. Asha withdrew < 1,000 at 
the end of each quarter during the year ended 31
st
 March, 2022. 
Interest on drawings will be calculated for an average period of  :  1 
(a) 6 months  (b) 4
2
1
 months  
(c) 7
2
1
 months (d) 6
2
1
 months 
  
67/1/1  JJ JJ Page 4 
2. A_Z Am¡a M_Z EH$ \$_© _| gmPoXma h¢ & A_Z Zo 1 OwbmB©, 2021 H$mo \$_© H$mo  
< 6,00,000 H$m G$U {X`m & CZH$m H$moB© gmPoXmar g§boI Zht Wm & 31 _mM©, 2022 H$mo 
A_Z G$U na {_bZo dmbo ã`mO H$s {ZåZ am{e H$m hH$Xma Wm :      1 
(a) < 36,000 (b) < 18,000 
(c) < 9,000 (d) < 27,000 
3. (i)  A{jVm {b{_Q>oS> Zo < 4,70,000 H$s ewÕ n[agån{Îm`m| Ho$ H«$` _yë` Ho$ ~Xbo  
< 5,00,000 Ho$ nyU© àXÎm A§em| H$m {ZJ©_Z {H$`m & < 30,000 Ho$ eof H$s IVm¡Zr 
__________ ImVo Ho$ _________ _| H$s OmEJr &  $ 1 
(a) »`m{V, Zm_ nj   
(b) ny±Or g§M`, Zm_ nj 
(c) ny±Or g§M`, O_m nj 
(d) gm_mÝ` g§M`, O_m nj 
 AWdm 
(ii) _mBam {b{_Q>oS> Zo gw^d {b{_Q>oS> H$s < 12,00,000 H$s n[agån{Îm`m| VWm  
< 4,00,000 H$s Xo`VmAm| H$s < 9,00,000 Ho$ H«$` _yë` na A{YJ«hU H$aZo H$s 
gh_{V Xr >& _yë` H$m ^wJVmZ < 100 àË`oH$ Ho$ 11% G$UnÌm| H$m 10% ~Å>o na 
{ZJ©_Z H$aHo$ Xo` Wm & {ZJ©{_V {H$E JE G$UnÌm| H$s g§»`m hmoJr :   1 
(a) 9,000 (b) 10,000 
(c) 8,000 (d) 11,000  
4 
5 
 H${dVm, ny± : < 6,00,000,  
< 4,00,000 VWm < 2,00,000 Wt & ny±Or na 10% dm{f©H$ Xa go ã¶mO XoZo Ho$ níMmV² 
bm^m| H$m {d^mOZ {ZåZ àH$ma go Wm :  
 H${dVm 
3
1
 ^mJ, g{dVm 
2
1
 
6
1
 ^mJ & H${dVm Zo ì¶{º$JV ê$n go Jma§Q>r Xr 
{H$ ny±Or na ã¶mO à^m[aV H$aZo Ho$  
< 1,00,000 ht hmoJm & 
 ny±Or na ã¶mO àXmZ H$aZo go nyd© 31 , 2022  df©  
< 3,00,000 Wm & 
Page 5


  
67/1/1  JJ JJ Page 1 P.T.O.   
narjmWu àíZ-nÌ H$moS> >H$mo CÎma-nwpñVH$m Ho$ 
_wI-n¥ð >na Adí` {bIo§ & 
Candidates must write the Q.P. Code on 
the title page of the answer-book. 
Series 
E F1 G H / 1
 S E T~ 1 
     
   
 
 
Q.P. Code  
Roll No. 
 
 
 
boImemñÌ 
ACCOUNTANCY 
* 
: 3 : 80 
Time allowed : 3 hours Maximum Marks : 80 
 
N O T E :
(i) 
- 3 9
 Please check that this question paper contains 3 9 printed pages. 
(ii) 
- - -
-
 Q.P. Code given on the right hand side of the question paper should be written on the title 
page of the answer-book by the candidate. 
(iii) 
- 3 4 
 Please check that this question paper contains 3 4 questions.  
(iv) 
-
 Please write down the serial number of the question in the answer-book before attempting 
it. 
(v) 
- 15 -
10.15 10.15 10.30 -
-
 15 minute time has been allotted to read this question paper. The question paper  will  be 
 distributed at 10.15 a.m. From 10.15 a.m. to 10.30 a.m., the students will read the 
question paper only and will not write any answer on the answer-book during this period. 
67/1/1
 
  
67/1/1  JJ JJ Page 2 
: 
: 
(i) 34  
(ii)  
(iii) 
(iv)  (1) (2)
(v) 1 16 27 30  
(vi) 17 20, 31 32  
(vii) 21, 22 33 
(viii) 23 26 34 
(ix) 7
2 1 2
^mJ> H$ 
(gmPoXmar \$_m] VWm H$ån{Z`m| Ho$ {bE boIm§H$Z) 
1. (i)  {hZm VWm ZrZm EH$ \$_© _| gmPoXma h¢ & 31 _mM©, 2022 H$mo g_mßV hþE df© _|, 
ZrZm Zo àË`oH$ _mh Ho$ àmaå^ _| < 10,000 à{V _mh H$m AmhaU {H$`m h¡ & 
AmhaU na ã`mO 6% dm{f©H$ Xa go à^m[aV {H$`m OmZm Wm & 
  31 _mM©, 2022 H$mo g_mßV hþE df© _| ZrZm Ho$ AmhaU na ã`mO hmoJm :    1 
(a) < 3,900 (b) < 325 
(c) < 3,600 (d) < 3,300  
 AWdm 
(ii) {d^m VWm Amem EH$ \$_© _| gmPoXma h¢ & 31 _mM©, 2022 H$mo g_mßV hþE df© _| 
Amem Zo àË`oH$ {V_mhr Ho$ AÝV _| < 1,000 H$m AmhaU {H$`m h¡ & AmhaU na 
ã`mO H$s JUZm H$s Am¡gV Ad{Y hmoJr :    1 
(a) 6 _mh   (b) 4
2
1
 _mh$  $  
(c) 7
2
1
 _mh  (d) 6
2
1
 _mh  
  
67/1/1  JJ JJ Page 3 P.T.O.   
General Instructions : 
Read the following instructions very carefully and strictly follow them : 
(i) This question paper contains 34 questions. All questions are compulsory. 
(ii) This question paper is divided into two parts  Part A and Part B. 
(iii) Part A is compulsory for all candidates.  
(iv) Part B has two options i.e. (1) Analysis of Financial Statements, and  
(2) Computerised Accounting. Candidates must attempt only one of the given 
options as per the subject opted in Part B. 
(v) Questions no. 1 to 16 and 27 to 30 carry 1 mark each. 
(vi) Questions no. 17 to 20, 31 and 32 carry 3 marks each. 
(vii) Questions no. 21, 22 and 33 carry 4 marks each. 
(viii) Questions no. 23 to 26 and 34 carry 6 marks each. 
(ix) 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 marks.  
PART A  
(Accounting for Partnership Firms and Companies)  
1. (i) Hina and Neena are partners in a firm. Neena withdrew < 10,000 
per month at the beginning of each month during the year ended 
31
st
 March, 2022. Interest on drawings was to be charged @ 6% per 
annum. 
  
st
 March, 2022 
will be : 1 
(a) < 3,900 (b) < 325 
(c) < 3,600 (d) < 3,300 
 OR 
(ii) Vibha and Asha are partners in a firm. Asha withdrew < 1,000 at 
the end of each quarter during the year ended 31
st
 March, 2022. 
Interest on drawings will be calculated for an average period of  :  1 
(a) 6 months  (b) 4
2
1
 months  
(c) 7
2
1
 months (d) 6
2
1
 months 
  
67/1/1  JJ JJ Page 4 
2. A_Z Am¡a M_Z EH$ \$_© _| gmPoXma h¢ & A_Z Zo 1 OwbmB©, 2021 H$mo \$_© H$mo  
< 6,00,000 H$m G$U {X`m & CZH$m H$moB© gmPoXmar g§boI Zht Wm & 31 _mM©, 2022 H$mo 
A_Z G$U na {_bZo dmbo ã`mO H$s {ZåZ am{e H$m hH$Xma Wm :      1 
(a) < 36,000 (b) < 18,000 
(c) < 9,000 (d) < 27,000 
3. (i)  A{jVm {b{_Q>oS> Zo < 4,70,000 H$s ewÕ n[agån{Îm`m| Ho$ H«$` _yë` Ho$ ~Xbo  
< 5,00,000 Ho$ nyU© àXÎm A§em| H$m {ZJ©_Z {H$`m & < 30,000 Ho$ eof H$s IVm¡Zr 
__________ ImVo Ho$ _________ _| H$s OmEJr &  $ 1 
(a) »`m{V, Zm_ nj   
(b) ny±Or g§M`, Zm_ nj 
(c) ny±Or g§M`, O_m nj 
(d) gm_mÝ` g§M`, O_m nj 
 AWdm 
(ii) _mBam {b{_Q>oS> Zo gw^d {b{_Q>oS> H$s < 12,00,000 H$s n[agån{Îm`m| VWm  
< 4,00,000 H$s Xo`VmAm| H$s < 9,00,000 Ho$ H«$` _yë` na A{YJ«hU H$aZo H$s 
gh_{V Xr >& _yë` H$m ^wJVmZ < 100 àË`oH$ Ho$ 11% G$UnÌm| H$m 10% ~Å>o na 
{ZJ©_Z H$aHo$ Xo` Wm & {ZJ©{_V {H$E JE G$UnÌm| H$s g§»`m hmoJr :   1 
(a) 9,000 (b) 10,000 
(c) 8,000 (d) 11,000  
4 
5 
 H${dVm, ny± : < 6,00,000,  
< 4,00,000 VWm < 2,00,000 Wt & ny±Or na 10% dm{f©H$ Xa go ã¶mO XoZo Ho$ níMmV² 
bm^m| H$m {d^mOZ {ZåZ àH$ma go Wm :  
 H${dVm 
3
1
 ^mJ, g{dVm 
2
1
 
6
1
 ^mJ & H${dVm Zo ì¶{º$JV ê$n go Jma§Q>r Xr 
{H$ ny±Or na ã¶mO à^m[aV H$aZo Ho$  
< 1,00,000 ht hmoJm & 
 ny±Or na ã¶mO àXmZ H$aZo go nyd© 31 , 2022  df©  
< 3,00,000 Wm & 
  
67/1/1  JJ JJ Page 5 P.T.O.   
2. Aman and Chaman are partners in a firm. On 1
st
 July, 2021 Aman 
advanced a loan of < 6,00,000 to the firm. There is no partnership deed. 
On 31
st
 March, 2022, Aman was entitled to get the following amount as 
interest on loan : 1 
(a) < 36,000 (b) < 18,000 
(c) < 9,000 (d) < 27,000 
3. (i) Akshita Ltd. issued fully paid shares of < 5,00,000 in purchase 
consideration of net assets of < 4,70,000. The balance of < 30,000 
will be ______ to _______ account. 1 
(a) debited, Goodwill  
(b) debited, Capital Reserve 
(c) credited, Capital  Reserve 
(d) credited, General Reserve 
 OR 
(ii) Maira Ltd. took over assets of < 12,00,000 and liabilities of  
< 4,00,000 of Subav Ltd. for an agreed purchase consideration of  
< 9,00,000. The amount was payable by issue of 11% debentures of 
< 100 each at 10% discount. The number of debentures issued will 
be :   1 
(a) 9,000 (b) 10,000 
(c) 8,000 (d) 11,000 
Read the following hypothetical situation and answer questions number  
4 and 5 on the basis of the given information :  
 Kavita, Savita and Madhu were partners in a firm with capitals of  
< 6,00,000, < 4,00,000 and < 2,00,000 respectively. After providing 
interest on capital @ 10% p.a., the profits are divisible as follows :  
 Kavita 
3
1
, Savita 
2
1
 and Madhu 
6
1
. Kavita personally guaranteed that 
less than < 1,00,000 in any year.  
 The profit for the year ending 31
st
 March, 2022 amounted to < 3,00,000 
before providing interest on capital. 
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