Commerce Exam > Commerce Notes > Crash Course of Accountancy - Class 12 > ACCOUNTANCY (Part-1)Paper
ACCOUNTANCY (Part-1)Paper | Crash Course of Accountancy - Class 12 - Commerce PDF Download
| Download, print and study this document offline |
Please wait while the PDF view is loading
Page 1
67/1 1 C/1
???? ??.
Roll No.
????????
ACCOUNTANCY
???????? ??? ? ???? ?????? ??? ? 80
Time allowed : 3 hours Maximum Marks : 80
Series : SGN/C ???? ??.
Code No.
67/1
? ????? ???? ?? ?? ?? ?? ???-?? ?? ????? ???? 24 ?? ?
? ???-?? ?? ?????? ??? ?? ???? ??? ?? ???? ???? ??? ??? ???-??????? ?? ???-???? ?? ???? ?
? ????? ???? ?? ?? ?? ?? ???-?? ?? 23 ??? ?? ?
? ????? ??? ?? ??? ????? ??? ???? ?? ????, ??? ?? ????? ???? ???? ?
? ?? ???-?? ??? ???? ?? ??? 15 ???? ?? ??? ???? ??? ?? ? ???-?? ?? ????? ?????? ?? 10.15
??? ???? ????? ? 10.15 ??? ?? 10.30 ??? ?? ??? ???? ???-?? ??? ????? ???? ?? ???? ??
?????? ?? ???-??????? ?? ????? ??? ??? ?????? ?
? Please check that this question paper contains 24 printed pages.
? Code number given on the right hand side of the question paper should be written on the
title page of the answer-book by the candidate.
? Please check that this question paper contains 23 questions.
? Please write down the Serial Number of the question before attempting it.
? 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.
??????? ???? ??? ???-??????? ?? ???-???
?? ???? ???? ?
Candidates must write the Code on
the title page of the answer-book.
SET – 1
Page 2
67/1 1 C/1
???? ??.
Roll No.
????????
ACCOUNTANCY
???????? ??? ? ???? ?????? ??? ? 80
Time allowed : 3 hours Maximum Marks : 80
Series : SGN/C ???? ??.
Code No.
67/1
? ????? ???? ?? ?? ?? ?? ???-?? ?? ????? ???? 24 ?? ?
? ???-?? ?? ?????? ??? ?? ???? ??? ?? ???? ???? ??? ??? ???-??????? ?? ???-???? ?? ???? ?
? ????? ???? ?? ?? ?? ?? ???-?? ?? 23 ??? ?? ?
? ????? ??? ?? ??? ????? ??? ???? ?? ????, ??? ?? ????? ???? ???? ?
? ?? ???-?? ??? ???? ?? ??? 15 ???? ?? ??? ???? ??? ?? ? ???-?? ?? ????? ?????? ?? 10.15
??? ???? ????? ? 10.15 ??? ?? 10.30 ??? ?? ??? ???? ???-?? ??? ????? ???? ?? ???? ??
?????? ?? ???-??????? ?? ????? ??? ??? ?????? ?
? Please check that this question paper contains 24 printed pages.
? Code number given on the right hand side of the question paper should be written on the
title page of the answer-book by the candidate.
? Please check that this question paper contains 23 questions.
? Please write down the Serial Number of the question before attempting it.
? 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.
??????? ???? ??? ???-??????? ?? ???-???
?? ???? ???? ?
Candidates must write the Code on
the title page of the answer-book.
SET – 1
67/1 2 C/1
?????? ????? ?
(i) ?? ???-?? ??? ????? ?? ???? ?? – ? ???? ? ?
(ii) ??? – ? ??? ?? ??? ??????? ?? ?
(iii) ??? – ? ?? ??? ????? ?? – ????? ??????? ?? ??????? ??? ??????? ??????? ?
(iv) ??? – ? ?? ???? ?? ?? ????? ?? ????? ?? ??? ????? ?
(v) ???? ??? ?? ??? ????? ?? ??? ?? ?? ???? ?? ???? ???? ????? ?
General Instructions :
(i) This question paper contains two parts A and B.
(ii) Part A is compulsory for all.
(iii) Part B has two options : Option – I Analysis of Financial Statements and Option – II
Computerized Accounting.
(iv) Attempt only one option of Part B.
(v) All parts of a question should be attempted at one place.
??? – ?
PART – A
(???????? ???? ??? ???????? ?? ??? ???????)
(Accounting for Partnership Firms and Companies)
1. ???? ??? ??? ??????? ?? ??? 4 : 1 ?? ?????? ?? ??? ?? ??????? ?? ??? ?? ? ???? ????? ????
` 90,000 ??? ` 70,000 ?? ? ??? ?? 1/3 ??? ?? ??? ??????? ???? ??? ??? ?? ???? ???? ? ????
???? ????? ?? ?? ?? ` 1,00,000 ???? ? ??? ?? ????? ?? ???? ????? ? 1
Vinay and Naman are partners sharing profit in the ratio of 4:1. Their capitals were
` 90,000 and ` 70,000 respectively. They admitted Prateek for 1/3 share in the profits.
Prateek brought ` 1,00,000 as his capital. Calculate the value of firm’s goodwill.
2. ??? ??????? ?? ??? ?? ??? ??????? ??? ?????? ?? ?????? ???? ?? ? 1
In which ratio do the remaining partners acquire the share of the deceased partner ?
3. ???????? ??? ?? ????? ?? ??? ?????-????? ?? ????? ?? ?? ????? ?? ??????? ?? ?? ?? ???
????????? ????? ????? ? 1
Give the journal entry for the treatment of partner’s loan appearing on the asset side of
the Balance Sheet, on dissolution of a partnership firm.
Page 3
67/1 1 C/1
???? ??.
Roll No.
????????
ACCOUNTANCY
???????? ??? ? ???? ?????? ??? ? 80
Time allowed : 3 hours Maximum Marks : 80
Series : SGN/C ???? ??.
Code No.
67/1
? ????? ???? ?? ?? ?? ?? ???-?? ?? ????? ???? 24 ?? ?
? ???-?? ?? ?????? ??? ?? ???? ??? ?? ???? ???? ??? ??? ???-??????? ?? ???-???? ?? ???? ?
? ????? ???? ?? ?? ?? ?? ???-?? ?? 23 ??? ?? ?
? ????? ??? ?? ??? ????? ??? ???? ?? ????, ??? ?? ????? ???? ???? ?
? ?? ???-?? ??? ???? ?? ??? 15 ???? ?? ??? ???? ??? ?? ? ???-?? ?? ????? ?????? ?? 10.15
??? ???? ????? ? 10.15 ??? ?? 10.30 ??? ?? ??? ???? ???-?? ??? ????? ???? ?? ???? ??
?????? ?? ???-??????? ?? ????? ??? ??? ?????? ?
? Please check that this question paper contains 24 printed pages.
? Code number given on the right hand side of the question paper should be written on the
title page of the answer-book by the candidate.
? Please check that this question paper contains 23 questions.
? Please write down the Serial Number of the question before attempting it.
? 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.
??????? ???? ??? ???-??????? ?? ???-???
?? ???? ???? ?
Candidates must write the Code on
the title page of the answer-book.
SET – 1
67/1 2 C/1
?????? ????? ?
(i) ?? ???-?? ??? ????? ?? ???? ?? – ? ???? ? ?
(ii) ??? – ? ??? ?? ??? ??????? ?? ?
(iii) ??? – ? ?? ??? ????? ?? – ????? ??????? ?? ??????? ??? ??????? ??????? ?
(iv) ??? – ? ?? ???? ?? ?? ????? ?? ????? ?? ??? ????? ?
(v) ???? ??? ?? ??? ????? ?? ??? ?? ?? ???? ?? ???? ???? ????? ?
General Instructions :
(i) This question paper contains two parts A and B.
(ii) Part A is compulsory for all.
(iii) Part B has two options : Option – I Analysis of Financial Statements and Option – II
Computerized Accounting.
(iv) Attempt only one option of Part B.
(v) All parts of a question should be attempted at one place.
??? – ?
PART – A
(???????? ???? ??? ???????? ?? ??? ???????)
(Accounting for Partnership Firms and Companies)
1. ???? ??? ??? ??????? ?? ??? 4 : 1 ?? ?????? ?? ??? ?? ??????? ?? ??? ?? ? ???? ????? ????
` 90,000 ??? ` 70,000 ?? ? ??? ?? 1/3 ??? ?? ??? ??????? ???? ??? ??? ?? ???? ???? ? ????
???? ????? ?? ?? ?? ` 1,00,000 ???? ? ??? ?? ????? ?? ???? ????? ? 1
Vinay and Naman are partners sharing profit in the ratio of 4:1. Their capitals were
` 90,000 and ` 70,000 respectively. They admitted Prateek for 1/3 share in the profits.
Prateek brought ` 1,00,000 as his capital. Calculate the value of firm’s goodwill.
2. ??? ??????? ?? ??? ?? ??? ??????? ??? ?????? ?? ?????? ???? ?? ? 1
In which ratio do the remaining partners acquire the share of the deceased partner ?
3. ???????? ??? ?? ????? ?? ??? ?????-????? ?? ????? ?? ?? ????? ?? ??????? ?? ?? ?? ???
????????? ????? ????? ? 1
Give the journal entry for the treatment of partner’s loan appearing on the asset side of
the Balance Sheet, on dissolution of a partnership firm.
67/1 3 C/1
4. ???, ???? ??? ???, ??????? ?? ??? ??? ??? ???? ??? 5 : 3 : 2 ?? ?????? ?? ?????? ?? ? ??? ??
????? ??? ???? ???? ???? ??? ??? ??? ??? ???? ?? 5 : 3 ?? ?????? ?? ?? ???? ? ??? ???
???? ?? ?????? ?????? ??? ????? ? 1
Aman, Yatin and Uma were partners and were sharing profits and losses in the ratio of
5 : 3 : 2. Uma retired and her share was taken over by Aman and Yatin 5 : 3 in ratio.
Calculate the gaining ratio of Aman and Yatin.
5. ?? ??????? ?? ???? ???? ?? ??? ?? ?? ???? ?????? ???? ???? ??? ?? ????? ? 1
Give two items which may appear on the debit side of a Partner’s Current Account.
6. ‘????? ?? ???? ??????’ ?? ??? ?????? ?? ? 1
What is meant by ‘Private Placement of Shares’ ?
7. ???? ??? ?????? ??????? ?? ??? ???-???? ?????-????? ?????? ?? ? ??? ?? ????? ?? ????? ??? ??
??? ??????? ????? ??? ??? ?? ?? ??????? ????? ? ?? ????? ?? ??? ??? ?? ????? ?? ????????
???????? ?? ??? ???? ?? ?? ?? ????? ?? ???? ?? ? 3
????? ?? ???? ?? ??? ?? ????? – ????? ???? ???? ?? ?? ?
??????? ???? (`) ???????? ???? (`)
????? ? ??????
75,000
???? – 90,000 ?????
15,000
?????? – 50,000
1,40,000
?????
30,000
????
20,000
????? ??????
20,000
??
25,000
?????
50,000
????? ??????
5,000
1,90,000 1,90,000
????? ?? ?????? ?? 12% ?????? ?? ? ????? ??? ???? ?? ??? ?? ????? ??? ` 30,000
?? ? ????? ?? ????? ?? ??? ?? ???? ????? ?
Page 4
67/1 1 C/1
???? ??.
Roll No.
????????
ACCOUNTANCY
???????? ??? ? ???? ?????? ??? ? 80
Time allowed : 3 hours Maximum Marks : 80
Series : SGN/C ???? ??.
Code No.
67/1
? ????? ???? ?? ?? ?? ?? ???-?? ?? ????? ???? 24 ?? ?
? ???-?? ?? ?????? ??? ?? ???? ??? ?? ???? ???? ??? ??? ???-??????? ?? ???-???? ?? ???? ?
? ????? ???? ?? ?? ?? ?? ???-?? ?? 23 ??? ?? ?
? ????? ??? ?? ??? ????? ??? ???? ?? ????, ??? ?? ????? ???? ???? ?
? ?? ???-?? ??? ???? ?? ??? 15 ???? ?? ??? ???? ??? ?? ? ???-?? ?? ????? ?????? ?? 10.15
??? ???? ????? ? 10.15 ??? ?? 10.30 ??? ?? ??? ???? ???-?? ??? ????? ???? ?? ???? ??
?????? ?? ???-??????? ?? ????? ??? ??? ?????? ?
? Please check that this question paper contains 24 printed pages.
? Code number given on the right hand side of the question paper should be written on the
title page of the answer-book by the candidate.
? Please check that this question paper contains 23 questions.
? Please write down the Serial Number of the question before attempting it.
? 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.
??????? ???? ??? ???-??????? ?? ???-???
?? ???? ???? ?
Candidates must write the Code on
the title page of the answer-book.
SET – 1
67/1 2 C/1
?????? ????? ?
(i) ?? ???-?? ??? ????? ?? ???? ?? – ? ???? ? ?
(ii) ??? – ? ??? ?? ??? ??????? ?? ?
(iii) ??? – ? ?? ??? ????? ?? – ????? ??????? ?? ??????? ??? ??????? ??????? ?
(iv) ??? – ? ?? ???? ?? ?? ????? ?? ????? ?? ??? ????? ?
(v) ???? ??? ?? ??? ????? ?? ??? ?? ?? ???? ?? ???? ???? ????? ?
General Instructions :
(i) This question paper contains two parts A and B.
(ii) Part A is compulsory for all.
(iii) Part B has two options : Option – I Analysis of Financial Statements and Option – II
Computerized Accounting.
(iv) Attempt only one option of Part B.
(v) All parts of a question should be attempted at one place.
??? – ?
PART – A
(???????? ???? ??? ???????? ?? ??? ???????)
(Accounting for Partnership Firms and Companies)
1. ???? ??? ??? ??????? ?? ??? 4 : 1 ?? ?????? ?? ??? ?? ??????? ?? ??? ?? ? ???? ????? ????
` 90,000 ??? ` 70,000 ?? ? ??? ?? 1/3 ??? ?? ??? ??????? ???? ??? ??? ?? ???? ???? ? ????
???? ????? ?? ?? ?? ` 1,00,000 ???? ? ??? ?? ????? ?? ???? ????? ? 1
Vinay and Naman are partners sharing profit in the ratio of 4:1. Their capitals were
` 90,000 and ` 70,000 respectively. They admitted Prateek for 1/3 share in the profits.
Prateek brought ` 1,00,000 as his capital. Calculate the value of firm’s goodwill.
2. ??? ??????? ?? ??? ?? ??? ??????? ??? ?????? ?? ?????? ???? ?? ? 1
In which ratio do the remaining partners acquire the share of the deceased partner ?
3. ???????? ??? ?? ????? ?? ??? ?????-????? ?? ????? ?? ?? ????? ?? ??????? ?? ?? ?? ???
????????? ????? ????? ? 1
Give the journal entry for the treatment of partner’s loan appearing on the asset side of
the Balance Sheet, on dissolution of a partnership firm.
67/1 3 C/1
4. ???, ???? ??? ???, ??????? ?? ??? ??? ??? ???? ??? 5 : 3 : 2 ?? ?????? ?? ?????? ?? ? ??? ??
????? ??? ???? ???? ???? ??? ??? ??? ??? ???? ?? 5 : 3 ?? ?????? ?? ?? ???? ? ??? ???
???? ?? ?????? ?????? ??? ????? ? 1
Aman, Yatin and Uma were partners and were sharing profits and losses in the ratio of
5 : 3 : 2. Uma retired and her share was taken over by Aman and Yatin 5 : 3 in ratio.
Calculate the gaining ratio of Aman and Yatin.
5. ?? ??????? ?? ???? ???? ?? ??? ?? ?? ???? ?????? ???? ???? ??? ?? ????? ? 1
Give two items which may appear on the debit side of a Partner’s Current Account.
6. ‘????? ?? ???? ??????’ ?? ??? ?????? ?? ? 1
What is meant by ‘Private Placement of Shares’ ?
7. ???? ??? ?????? ??????? ?? ??? ???-???? ?????-????? ?????? ?? ? ??? ?? ????? ?? ????? ??? ??
??? ??????? ????? ??? ??? ?? ?? ??????? ????? ? ?? ????? ?? ??? ??? ?? ????? ?? ????????
???????? ?? ??? ???? ?? ?? ?? ????? ?? ???? ?? ? 3
????? ?? ???? ?? ??? ?? ????? – ????? ???? ???? ?? ?? ?
??????? ???? (`) ???????? ???? (`)
????? ? ??????
75,000
???? – 90,000 ?????
15,000
?????? – 50,000
1,40,000
?????
30,000
????
20,000
????? ??????
20,000
??
25,000
?????
50,000
????? ??????
5,000
1,90,000 1,90,000
????? ?? ?????? ?? 12% ?????? ?? ? ????? ??? ???? ?? ??? ?? ????? ??? ` 30,000
?? ? ????? ?? ????? ?? ??? ?? ???? ????? ?
67/1 4 C/1
Amit and Kartik are partners sharing profits and losses equally. They decided to admit
Saurabh for an equal share in the profits. For this purpose the goodwill of the firm was
to be valued at four years’ purchase of super profits.
The Balance Sheet of the firm on Saurabh’s admission was as follows :
Liabilities
Amount(`)
Assets
Amount(`)
Capitals :
Machinery 75,000
Amit 90,000
Furniture 15,000
Kartik 50,000 1,40,000 Stock 30,000
Reserve 20,000 Sundry Debtors 20,000
Loan 25,000 Cash 50,000
Sundry Creditors 5,000
1,90,000 1,90,000
The normal rate of return is 12% per annum. Average profit of the firm for the last
four years was ` 30,000. Calculate Saurabh’s share of goodwill.
8. ???????? ??????? ?? ` 10 ????? ?? 4,00,000 ???? ????? ??? ??-???? ?? ??????? ???? ? ???
??? ???? ?? ?????? ???? ???? ?? ???? ?? ? 3
?????? ?? – ` 3
?????? ?? – ` 2
??? ????? ?? ` 2
????? ????? ?? ` 3
?????? ???? ?? ?? ????? ??? ??? ??? ???????? ??? ???? ????? ?? ?????? ?? ???? ??? ? ???
??????? ???? ?? ??? ? 6,000 ????? ?? ?? ??????? ???? ??, ??? ????? ?? ???, ????? ????? ??
?????? ?? ???? ? ??? ??, ????? ??? 700 ??? ?? ??? ???? ?? ??? ????? ?? ?????? ??? ???? ?
??? ?? ????? ????? ?? ??? ??? ????? ?? ?????? ?? ???? ? ?????? ???? ?? ???? ?? ????? ??
??????? ?? ???????? ?? ??????? ??? ?? ???? ? ???? ????? ???? ???? ????????? ????????
????? ???? ?? ??? ? ?? ???????? ??? ???? ????? ?
Page 5
67/1 1 C/1
???? ??.
Roll No.
????????
ACCOUNTANCY
???????? ??? ? ???? ?????? ??? ? 80
Time allowed : 3 hours Maximum Marks : 80
Series : SGN/C ???? ??.
Code No.
67/1
? ????? ???? ?? ?? ?? ?? ???-?? ?? ????? ???? 24 ?? ?
? ???-?? ?? ?????? ??? ?? ???? ??? ?? ???? ???? ??? ??? ???-??????? ?? ???-???? ?? ???? ?
? ????? ???? ?? ?? ?? ?? ???-?? ?? 23 ??? ?? ?
? ????? ??? ?? ??? ????? ??? ???? ?? ????, ??? ?? ????? ???? ???? ?
? ?? ???-?? ??? ???? ?? ??? 15 ???? ?? ??? ???? ??? ?? ? ???-?? ?? ????? ?????? ?? 10.15
??? ???? ????? ? 10.15 ??? ?? 10.30 ??? ?? ??? ???? ???-?? ??? ????? ???? ?? ???? ??
?????? ?? ???-??????? ?? ????? ??? ??? ?????? ?
? Please check that this question paper contains 24 printed pages.
? Code number given on the right hand side of the question paper should be written on the
title page of the answer-book by the candidate.
? Please check that this question paper contains 23 questions.
? Please write down the Serial Number of the question before attempting it.
? 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.
??????? ???? ??? ???-??????? ?? ???-???
?? ???? ???? ?
Candidates must write the Code on
the title page of the answer-book.
SET – 1
67/1 2 C/1
?????? ????? ?
(i) ?? ???-?? ??? ????? ?? ???? ?? – ? ???? ? ?
(ii) ??? – ? ??? ?? ??? ??????? ?? ?
(iii) ??? – ? ?? ??? ????? ?? – ????? ??????? ?? ??????? ??? ??????? ??????? ?
(iv) ??? – ? ?? ???? ?? ?? ????? ?? ????? ?? ??? ????? ?
(v) ???? ??? ?? ??? ????? ?? ??? ?? ?? ???? ?? ???? ???? ????? ?
General Instructions :
(i) This question paper contains two parts A and B.
(ii) Part A is compulsory for all.
(iii) Part B has two options : Option – I Analysis of Financial Statements and Option – II
Computerized Accounting.
(iv) Attempt only one option of Part B.
(v) All parts of a question should be attempted at one place.
??? – ?
PART – A
(???????? ???? ??? ???????? ?? ??? ???????)
(Accounting for Partnership Firms and Companies)
1. ???? ??? ??? ??????? ?? ??? 4 : 1 ?? ?????? ?? ??? ?? ??????? ?? ??? ?? ? ???? ????? ????
` 90,000 ??? ` 70,000 ?? ? ??? ?? 1/3 ??? ?? ??? ??????? ???? ??? ??? ?? ???? ???? ? ????
???? ????? ?? ?? ?? ` 1,00,000 ???? ? ??? ?? ????? ?? ???? ????? ? 1
Vinay and Naman are partners sharing profit in the ratio of 4:1. Their capitals were
` 90,000 and ` 70,000 respectively. They admitted Prateek for 1/3 share in the profits.
Prateek brought ` 1,00,000 as his capital. Calculate the value of firm’s goodwill.
2. ??? ??????? ?? ??? ?? ??? ??????? ??? ?????? ?? ?????? ???? ?? ? 1
In which ratio do the remaining partners acquire the share of the deceased partner ?
3. ???????? ??? ?? ????? ?? ??? ?????-????? ?? ????? ?? ?? ????? ?? ??????? ?? ?? ?? ???
????????? ????? ????? ? 1
Give the journal entry for the treatment of partner’s loan appearing on the asset side of
the Balance Sheet, on dissolution of a partnership firm.
67/1 3 C/1
4. ???, ???? ??? ???, ??????? ?? ??? ??? ??? ???? ??? 5 : 3 : 2 ?? ?????? ?? ?????? ?? ? ??? ??
????? ??? ???? ???? ???? ??? ??? ??? ??? ???? ?? 5 : 3 ?? ?????? ?? ?? ???? ? ??? ???
???? ?? ?????? ?????? ??? ????? ? 1
Aman, Yatin and Uma were partners and were sharing profits and losses in the ratio of
5 : 3 : 2. Uma retired and her share was taken over by Aman and Yatin 5 : 3 in ratio.
Calculate the gaining ratio of Aman and Yatin.
5. ?? ??????? ?? ???? ???? ?? ??? ?? ?? ???? ?????? ???? ???? ??? ?? ????? ? 1
Give two items which may appear on the debit side of a Partner’s Current Account.
6. ‘????? ?? ???? ??????’ ?? ??? ?????? ?? ? 1
What is meant by ‘Private Placement of Shares’ ?
7. ???? ??? ?????? ??????? ?? ??? ???-???? ?????-????? ?????? ?? ? ??? ?? ????? ?? ????? ??? ??
??? ??????? ????? ??? ??? ?? ?? ??????? ????? ? ?? ????? ?? ??? ??? ?? ????? ?? ????????
???????? ?? ??? ???? ?? ?? ?? ????? ?? ???? ?? ? 3
????? ?? ???? ?? ??? ?? ????? – ????? ???? ???? ?? ?? ?
??????? ???? (`) ???????? ???? (`)
????? ? ??????
75,000
???? – 90,000 ?????
15,000
?????? – 50,000
1,40,000
?????
30,000
????
20,000
????? ??????
20,000
??
25,000
?????
50,000
????? ??????
5,000
1,90,000 1,90,000
????? ?? ?????? ?? 12% ?????? ?? ? ????? ??? ???? ?? ??? ?? ????? ??? ` 30,000
?? ? ????? ?? ????? ?? ??? ?? ???? ????? ?
67/1 4 C/1
Amit and Kartik are partners sharing profits and losses equally. They decided to admit
Saurabh for an equal share in the profits. For this purpose the goodwill of the firm was
to be valued at four years’ purchase of super profits.
The Balance Sheet of the firm on Saurabh’s admission was as follows :
Liabilities
Amount(`)
Assets
Amount(`)
Capitals :
Machinery 75,000
Amit 90,000
Furniture 15,000
Kartik 50,000 1,40,000 Stock 30,000
Reserve 20,000 Sundry Debtors 20,000
Loan 25,000 Cash 50,000
Sundry Creditors 5,000
1,90,000 1,90,000
The normal rate of return is 12% per annum. Average profit of the firm for the last
four years was ` 30,000. Calculate Saurabh’s share of goodwill.
8. ???????? ??????? ?? ` 10 ????? ?? 4,00,000 ???? ????? ??? ??-???? ?? ??????? ???? ? ???
??? ???? ?? ?????? ???? ???? ?? ???? ?? ? 3
?????? ?? – ` 3
?????? ?? – ` 2
??? ????? ?? ` 2
????? ????? ?? ` 3
?????? ???? ?? ?? ????? ??? ??? ??? ???????? ??? ???? ????? ?? ?????? ?? ???? ??? ? ???
??????? ???? ?? ??? ? 6,000 ????? ?? ?? ??????? ???? ??, ??? ????? ?? ???, ????? ????? ??
?????? ?? ???? ? ??? ??, ????? ??? 700 ??? ?? ??? ???? ?? ??? ????? ?? ?????? ??? ???? ?
??? ?? ????? ????? ?? ??? ??? ????? ?? ?????? ?? ???? ? ?????? ???? ?? ???? ?? ????? ??
??????? ?? ???????? ?? ??????? ??? ?? ???? ? ???? ????? ???? ???? ????????? ????????
????? ???? ?? ??? ? ?? ???????? ??? ???? ????? ?
67/1 5 C/1
(???????? ????. ?? ????)
???? ????? ??? ????? ??? ???? (`) ??? ???? (`)
???? ??? ??? ????? ???? ???
8,00,000
……….……….……….
8,00,000
(4,00,000 ?????? ?? ` 2 ??? ??? ???
????? ???? ???)
??? ???? ???
………..
….……….……….………. ???
………..
???? ??? ??? ????? ????
………..
……….……….……….……….
(……….……….……….……….)
………..
???? ??? ????? ??? ????? ????? ???? ???
………..
???? ??? ????? ????
………..
(4,00,000 ????? ?? ` 3 ??? ??? ?? ?? ??
????? ????? ???)
??? ???? ???
………..
……….……….……….………. ???
………..
???? ??? ????? ??? ????? ????? ????
………..
……….……….……….……….
………..
(……….……….……….……….
……….……….……….……….)
Navnirman Ltd. issued 4,00,000 equity shares of ` 10 each at par. The amount per
share was payable as follows :
` 3 on application; ` 2 on allotment; ` 2 on first call and ` 3 on final call. The issue
was fully subscribed and the shares were allotted fully to all the applicants. All calls
were made. Mahi, a shareholder holding 6,000 shares paid the final call money along
with the first call. Shrey holding 700 shares did not pay the first call on the due date.
Shrey paid the first call along with the final call. The accountant of the company had
correctly passed the entries till receipt of allotment money. After that the following
entries were left incomplete by him. Complete these entries.
Read More
|
79 docs|41 tests
|
FAQs on ACCOUNTANCY (Part-1)Paper - Crash Course of Accountancy - Class 12 - Commerce
| 1. What is accountancy? |  |
Ans. Accountancy is the practice of recording, classifying, analyzing, and interpreting the financial transactions of a business. It involves tasks such as preparing financial statements, calculating taxes, and providing financial advice to help businesses make informed decisions.
| 2. What are the career prospects in accountancy? | |
Ans. Accountancy offers a wide range of career prospects. Some common career options include becoming a Chartered Accountant, Certified Public Accountant, Financial Analyst, Auditor, Tax Consultant, or Management Accountant. These professions can lead to opportunities in various industries and sectors, both in the public and private sectors.
| 3. What skills are required to excel in accountancy? | |
Ans. To excel in accountancy, one needs strong numerical and analytical skills. Attention to detail, problem-solving abilities, and proficiency in accounting software are also essential. Additionally, good communication and interpersonal skills are important to effectively collaborate with clients and colleagues.
| 4. What are the different types of accounting? | |
Ans. There are several types of accounting, including financial accounting, management accounting, tax accounting, and auditing. Financial accounting focuses on preparing financial statements for external stakeholders, while management accounting provides information for internal decision-making. Tax accounting deals with tax-related matters, and auditing involves examining financial records for accuracy and compliance.
| 5. How can I pursue a career in accountancy? | |
Ans. To pursue a career in accountancy, one typically needs to obtain a relevant degree in accounting or a related field. This is often followed by acquiring professional certifications such as Chartered Accountant (CA), Certified Public Accountant (CPA), or Certified Management Accountant (CMA), depending on the jurisdiction. Gaining practical experience through internships or entry-level positions can also be beneficial for career advancement.
Related Exams
About this Document
|
4.86/5 Rating |
|
Dec 04, 2024 Last updated |
Document Description: ACCOUNTANCY (Part-1)Paper for Commerce 2024 is part of Crash Course of Accountancy - Class 12 preparation.
The notes and questions for ACCOUNTANCY (Part-1)Paper have been prepared according to the Commerce exam syllabus. Information about ACCOUNTANCY (Part-1)Paper covers topics
like and ACCOUNTANCY (Part-1)Paper Example, for Commerce 2024 Exam. Find important definitions, questions, notes, meanings, examples, exercises and tests below for ACCOUNTANCY (Part-1)Paper.
Introduction of ACCOUNTANCY (Part-1)Paper in English is available as part of our Crash Course of Accountancy - Class 12
for Commerce & ACCOUNTANCY (Part-1)Paper in Hindi for Crash Course of Accountancy - Class 12 course.
Download more important topics related with notes, lectures and mock test series for Commerce
Exam by signing up for free. Commerce: ACCOUNTANCY (Part-1)Paper | Crash Course of Accountancy - Class 12 - Commerce
Description
Full syllabus notes, lecture & questions for ACCOUNTANCY (Part-1)Paper | Crash Course of Accountancy - Class 12 - Commerce - Commerce | Plus excerises question with solution to help you revise complete syllabus for Crash Course of Accountancy - Class 12 | Best notes, free PDF download
Information about ACCOUNTANCY (Part-1)Paper
In this doc you can find the meaning of ACCOUNTANCY (Part-1)Paper defined & explained in the simplest way possible. Besides explaining types of
ACCOUNTANCY (Part-1)Paper theory, EduRev gives you an ample number of questions to practice ACCOUNTANCY (Part-1)Paper tests, examples and also practice Commerce
tests
|
Explore Courses for Commerce exam
|
|
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
Related Searches
Viva Questions
,Exam
,Important questions
,past year papers
,study material
,ACCOUNTANCY (Part-1)Paper | Crash Course of Accountancy - Class 12 - Commerce
,MCQs
,mock tests for examination
,ACCOUNTANCY (Part-1)Paper | Crash Course of Accountancy - Class 12 - Commerce
,Extra Questions
,Previous Year Questions with Solutions
,Free
,Objective type Questions
,ppt
,Semester Notes
,ACCOUNTANCY (Part-1)Paper | Crash Course of Accountancy - Class 12 - Commerce
,Sample Paper
,Summary
,shortcuts and tricks
,practice quizzes
,video lectures
;
Additional Information about ACCOUNTANCY (Part-1)Paper for Commerce Preparation
ACCOUNTANCY (Part-1)Paper Free PDF Download
The ACCOUNTANCY (Part-1)Paper is an invaluable resource that delves deep into the core of the Commerce exam.
These study notes are curated by experts and cover all the essential topics and concepts, making your preparation more efficient and effective.
With the help of these notes, you can grasp complex subjects quickly, revise important points easily,
and reinforce your understanding of key concepts. The study notes are presented in a concise and easy-to-understand manner,
allowing you to optimize your learning process. Whether you're looking for best-recommended books, sample papers, study material,
or toppers' notes, this PDF has got you covered. Download the ACCOUNTANCY (Part-1)Paper now and kickstart your journey towards success in the Commerce exam.
Importance of ACCOUNTANCY (Part-1)Paper
The importance of ACCOUNTANCY (Part-1)Paper cannot be overstated, especially for Commerce aspirants.
This document holds the key to success in the Commerce exam.
It offers a detailed understanding of the concept, providing invaluable insights into the topic.
By knowing the concepts well in advance, students can plan their preparation effectively.
Utilize this indispensable guide for a well-rounded preparation and achieve your desired results.
ACCOUNTANCY (Part-1)Paper Notes
ACCOUNTANCY (Part-1)Paper Notes offer in-depth insights into the specific topic to help you master it with ease.
This comprehensive document covers all aspects related to ACCOUNTANCY (Part-1)Paper.
It includes detailed information about the exam syllabus, recommended books, and study materials for a well-rounded preparation.
Practice papers and question papers enable you to assess your progress effectively.
Additionally, the paper analysis provides valuable tips for tackling the exam strategically.
Access to Toppers' notes gives you an edge in understanding complex concepts.
Whether you're a beginner or aiming for advanced proficiency, ACCOUNTANCY (Part-1)Paper Notes on EduRev are your ultimate resource for success.
ACCOUNTANCY (Part-1)Paper Commerce Questions
The "ACCOUNTANCY (Part-1)Paper Commerce Questions" guide is a valuable resource for all aspiring students preparing for the
Commerce exam. It focuses on providing a wide range of practice questions to help students gauge
their understanding of the exam topics. These questions cover the entire syllabus, ensuring comprehensive preparation.
The guide includes previous years' question papers for students to familiarize themselves with the exam's format and difficulty level.
Additionally, it offers subject-specific question banks, allowing students to focus on weak areas and improve their performance.
Study ACCOUNTANCY (Part-1)Paper on the App
Students of Commerce can study ACCOUNTANCY (Part-1)Paper alongwith tests & analysis from the EduRev app,
which will help them while preparing for their exam. Apart from the ACCOUNTANCY (Part-1)Paper,
students can also utilize the EduRev App for other study materials such as previous year question papers, syllabus, important questions, etc.
The EduRev App will make your learning easier as you can access it from anywhere you want.
The content of ACCOUNTANCY (Part-1)Paper is prepared as per the latest Commerce syllabus.
|
© EduRev
|
Education Revolution
|
Follow Us
|
Signup to see your scores
go up within 7 days!
Access 1000+ FREE Docs, Videos and Tests
Takes less than 10 seconds to signup