CBSE Class 12 Accountancy: Question Paper for 2018 (Term-II) | Toppers Answer Sheets for Class 12 PDF Download

 Page 1


67/1 1 P.T.O. 
narjmWu H$moS >H$mo CÎma-nwpñVH$m Ho$ _wI-n¥ð 
>na Adí` {bIo§ & 
Candidates must write the Code on the 
title page of the answer-book. 
 
 Series SGN  
H$moS> Z§.      
 
 
Code No. 
amob Z§. 
Roll No. 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
boImemñÌ 
ACCOUNTANCY 
{ZYm©[aV g_` : 3 KÊQ>o    A{YH$V_ A§H$ : 80 
Time allowed : 3 hours Maximum Marks : 80 
 
? H¥$n`m Om±M H$a b| {H$ Bg àíZ-nÌ _o§ _w{ÐV n¥ð> 27 h¢ & 
? àíZ-nÌ _| Xm{hZo hmW H$s Amoa {XE JE H$moS >Zå~a H$mo N>mÌ CÎma-nwpñVH$m Ho$ _wI-n¥ð> na 
{bI| & 
? H¥$n`m Om±M H$a b| {H$ Bg àíZ-nÌ _| 23 àíZ h¢ & 
? H¥$n`m àíZ H$m CÎma {bIZm ewê$ H$aZo go nhbo, àíZ H$m H«$_m§H$ Adí` {bI| & 
? Bg  àíZ-nÌ  H$mo n‹T>Zo Ho$ {bE 15 {_ZQ >H$m g_` {X`m J`m h¡ &  àíZ-nÌ H$m {dVaU nydm©• 
_| 10.15 ~Oo {H$`m OmEJm &  10.15 ~Oo go 10.30 ~Oo VH$ N>mÌ Ho$db àíZ-nÌ H$mo n‹T>|Jo 
Am¡a Bg Ad{Y Ho$ Xm¡amZ do CÎma-nwpñVH$m na H$moB© CÎma Zht {bI|Jo & 
? Please check that this question paper contains 27 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. 
SET-1 
67/1
 
Page 2


67/1 1 P.T.O. 
narjmWu H$moS >H$mo CÎma-nwpñVH$m Ho$ _wI-n¥ð 
>na Adí` {bIo§ & 
Candidates must write the Code on the 
title page of the answer-book. 
 
 Series SGN  
H$moS> Z§.      
 
 
Code No. 
amob Z§. 
Roll No. 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
boImemñÌ 
ACCOUNTANCY 
{ZYm©[aV g_` : 3 KÊQ>o    A{YH$V_ A§H$ : 80 
Time allowed : 3 hours Maximum Marks : 80 
 
? H¥$n`m Om±M H$a b| {H$ Bg àíZ-nÌ _o§ _w{ÐV n¥ð> 27 h¢ & 
? àíZ-nÌ _| Xm{hZo hmW H$s Amoa {XE JE H$moS >Zå~a H$mo N>mÌ CÎma-nwpñVH$m Ho$ _wI-n¥ð> na 
{bI| & 
? H¥$n`m Om±M H$a b| {H$ Bg àíZ-nÌ _| 23 àíZ h¢ & 
? H¥$n`m àíZ H$m CÎma {bIZm ewê$ H$aZo go nhbo, àíZ H$m H«$_m§H$ Adí` {bI| & 
? Bg  àíZ-nÌ  H$mo n‹T>Zo Ho$ {bE 15 {_ZQ >H$m g_` {X`m J`m h¡ &  àíZ-nÌ H$m {dVaU nydm©• 
_| 10.15 ~Oo {H$`m OmEJm &  10.15 ~Oo go 10.30 ~Oo VH$ N>mÌ Ho$db àíZ-nÌ H$mo n‹T>|Jo 
Am¡a Bg Ad{Y Ho$ Xm¡amZ do CÎma-nwpñVH$m na H$moB© CÎma Zht {bI|Jo & 
? Please check that this question paper contains 27 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. 
SET-1 
67/1
 
67/1 2 
gm_mÝ` {ZX}e : 
(i) `h àíZ-nÌ Xmo IÊS>m| _| {d^º$ h¡ – H$ Am¡a I & 
(ii) IÊS> H$ g^r Ho$ {bE A{Zdm`© h¡ & 
(iii) IÊS> I Ho$ Xmo {dH$ën h¢ - {dÎmr` {ddaUm| H$m {díbofU VWm A{^H${bÌ boIm§H$Z & 
(iv) IÊS> I go Ho$db EH$ hr {dH$ën Ho$ àíZm| Ho$ CÎma {b{IE & 
(v) {H$gr àíZ Ho$ g^r IÊS>m| Ho$ CÎma EH$ hr ñWmZ na {bIo OmZo Mm{hE & 
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 – Analysis of Financial Statements and 
Computerised Accounting.  
(iv) Attempt only one option of Part B. 
(v) All parts of a question should be attempted at one place. 
IÊS> H$ 
(gmPoXmar \$_m] VWm H$ån{Z`m| Ho$ {bE boIm§H$Z) 
PART A 
(Accounting for Partnership Firms and Companies) 
1. A{_V VWm ~rZm EH$ \$_© Ho$ gmPoXma Wo VWm 3 : 1 Ho$ AZwnmV _| bm^-hm{Z ~m±Q>Vo Wo & 
CÝhm|Zo bm^ Ho$ 
6
1
 ^mJ Ho$ {bE M_Z H$mo EH$ Z`m gmPoXma ~Zm`m & M_Z Zo AnZo ^mJ 
H$m 
5
2
 ^mJ A{_V go àmá  {H$`m &  
 M_Z Zo ~rZm go {H$VZm ^mJ àmá {H$`m ? 1 
Amit and Beena were partners in a firm sharing profits and losses in the 
ratio of 3 : 1. Chaman was admitted as a new partner for 
6
1
th
 share in 
the profits. Chaman acquired 
5
2
th
 of his share from Amit.  
How much share did Chaman acquire from Beena ? 
2. ZrVy, _rVy VWm Q>rQy> EH$ \$_© Ho$ gmPoXma Wo &  1 OZdar, 2018 H$mo _rVy Zo AdH$me J«hU 
{H$`m & _rVy Ho$ AdH$me J«hU H$aZo na \$_© H$s »`m{V H$m _yë`m§H$Z < 4,20,000 {H$`m 
J`m & 
 _rVy Ho$ AdH$me J«hU H$aZo na »`m{V Ho$ boIm§H$Z Ho$ {bE Amdí`H$ amoµOZm_Mm à{dpîQ> 
H$s{OE & 1 
Neetu, Meetu and Teetu were partners in a firm. On 1
st
 January, 2018, 
Meetu retired. On Meetu’s retirement the goodwill of the firm was valued 
at < 4,20,000. 
Pass necessary journal entry for the treatment of goodwill on Meetu’s 
retirement. 
Page 3


67/1 1 P.T.O. 
narjmWu H$moS >H$mo CÎma-nwpñVH$m Ho$ _wI-n¥ð 
>na Adí` {bIo§ & 
Candidates must write the Code on the 
title page of the answer-book. 
 
 Series SGN  
H$moS> Z§.      
 
 
Code No. 
amob Z§. 
Roll No. 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
boImemñÌ 
ACCOUNTANCY 
{ZYm©[aV g_` : 3 KÊQ>o    A{YH$V_ A§H$ : 80 
Time allowed : 3 hours Maximum Marks : 80 
 
? H¥$n`m Om±M H$a b| {H$ Bg àíZ-nÌ _o§ _w{ÐV n¥ð> 27 h¢ & 
? àíZ-nÌ _| Xm{hZo hmW H$s Amoa {XE JE H$moS >Zå~a H$mo N>mÌ CÎma-nwpñVH$m Ho$ _wI-n¥ð> na 
{bI| & 
? H¥$n`m Om±M H$a b| {H$ Bg àíZ-nÌ _| 23 àíZ h¢ & 
? H¥$n`m àíZ H$m CÎma {bIZm ewê$ H$aZo go nhbo, àíZ H$m H«$_m§H$ Adí` {bI| & 
? Bg  àíZ-nÌ  H$mo n‹T>Zo Ho$ {bE 15 {_ZQ >H$m g_` {X`m J`m h¡ &  àíZ-nÌ H$m {dVaU nydm©• 
_| 10.15 ~Oo {H$`m OmEJm &  10.15 ~Oo go 10.30 ~Oo VH$ N>mÌ Ho$db àíZ-nÌ H$mo n‹T>|Jo 
Am¡a Bg Ad{Y Ho$ Xm¡amZ do CÎma-nwpñVH$m na H$moB© CÎma Zht {bI|Jo & 
? Please check that this question paper contains 27 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. 
SET-1 
67/1
 
67/1 2 
gm_mÝ` {ZX}e : 
(i) `h àíZ-nÌ Xmo IÊS>m| _| {d^º$ h¡ – H$ Am¡a I & 
(ii) IÊS> H$ g^r Ho$ {bE A{Zdm`© h¡ & 
(iii) IÊS> I Ho$ Xmo {dH$ën h¢ - {dÎmr` {ddaUm| H$m {díbofU VWm A{^H${bÌ boIm§H$Z & 
(iv) IÊS> I go Ho$db EH$ hr {dH$ën Ho$ àíZm| Ho$ CÎma {b{IE & 
(v) {H$gr àíZ Ho$ g^r IÊS>m| Ho$ CÎma EH$ hr ñWmZ na {bIo OmZo Mm{hE & 
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 – Analysis of Financial Statements and 
Computerised Accounting.  
(iv) Attempt only one option of Part B. 
(v) All parts of a question should be attempted at one place. 
IÊS> H$ 
(gmPoXmar \$_m] VWm H$ån{Z`m| Ho$ {bE boIm§H$Z) 
PART A 
(Accounting for Partnership Firms and Companies) 
1. A{_V VWm ~rZm EH$ \$_© Ho$ gmPoXma Wo VWm 3 : 1 Ho$ AZwnmV _| bm^-hm{Z ~m±Q>Vo Wo & 
CÝhm|Zo bm^ Ho$ 
6
1
 ^mJ Ho$ {bE M_Z H$mo EH$ Z`m gmPoXma ~Zm`m & M_Z Zo AnZo ^mJ 
H$m 
5
2
 ^mJ A{_V go àmá  {H$`m &  
 M_Z Zo ~rZm go {H$VZm ^mJ àmá {H$`m ? 1 
Amit and Beena were partners in a firm sharing profits and losses in the 
ratio of 3 : 1. Chaman was admitted as a new partner for 
6
1
th
 share in 
the profits. Chaman acquired 
5
2
th
 of his share from Amit.  
How much share did Chaman acquire from Beena ? 
2. ZrVy, _rVy VWm Q>rQy> EH$ \$_© Ho$ gmPoXma Wo &  1 OZdar, 2018 H$mo _rVy Zo AdH$me J«hU 
{H$`m & _rVy Ho$ AdH$me J«hU H$aZo na \$_© H$s »`m{V H$m _yë`m§H$Z < 4,20,000 {H$`m 
J`m & 
 _rVy Ho$ AdH$me J«hU H$aZo na »`m{V Ho$ boIm§H$Z Ho$ {bE Amdí`H$ amoµOZm_Mm à{dpîQ> 
H$s{OE & 1 
Neetu, Meetu and Teetu were partners in a firm. On 1
st
 January, 2018, 
Meetu retired. On Meetu’s retirement the goodwill of the firm was valued 
at < 4,20,000. 
Pass necessary journal entry for the treatment of goodwill on Meetu’s 
retirement. 
67/1 3 P.T.O. 
3. n[agån{Îm`m| VWm Xo`VmAm| Ho$ {ZnQ>mZ Ho$ AmYma na ‘gmPoXmar Ho$ {dKQ>Z’ VWm ‘gmPoXmar 
\$_© Ho$ {dKQ>Z’ _| AÝV^©oX H$s{OE & 1 
Distinguish between ‘Dissolution of partnership’ and ‘Dissolution of 
partnership firm’ on the basis of settlement of assets and liabilities. 
4. [aVoe VWm {hVoe ~MnZ Ho$ XmoñV h¢ & [aVoe EH$ nam_e©XmVm h¡ O~{H$ {hVoe EH$ dmñVwH$ma 
h¡ & CÝhm|Zo ~am~a am{e H$m A§eXmZ H$aHo$ < 2 H$amo‹S> _| EH$ ^dZ IarXm & EH$ df© 
níMmV² CÝhm|Zo Cgo < 3 H$amo‹S> _| ~oM {X`m Am¡a bm^m| H$mo ~am~a-~am~a ~m±Q> {b`m & Š`m 
do gmPoXmar _| ì`dgm` H$a aho h¢ ? AnZo CÎma Ho$ g_W©Z _| H$maU Xr{OE & 1 
Ritesh and Hitesh are childhood friends. Ritesh is a consultant whereas 
Hitesh is an architect. They contributed equal amounts and purchased a 
building for < 2 crores. After a year, they sold it for < 3 crores and 
shared the profits equally. Are they doing the business in partnership ? 
Give reason in support of your answer. 
5. Š`m ‘g§{MV ny±Or’, ‘A-A{^XÎm ny±Or’ AWdm ‘A`m{MV ny±Or’ H$m ^mJ h¡ ?  1 
Is ‘Reserve Capital’ a part of ‘Unsubscribed Capital’ or ‘Uncalled  
Capital’ ? 
6. ‘G$UnÌm| H$m g§nmpíd©H$ à{V^y{V Ho$ ê$n _| {ZJ©_Z’ H$m AW© ~VmBE & 1 
Give the meaning of ‘Debentures issued as Collateral Security’. 
7. O`ÝV, H$m{V©H$ VWm brZm EH$ \$_© Ho$ gmPoXma Wo VWm 5 : 2 : 3 Ho$ AZwnmV _| bm^-hm{Z 
~m±Q>Vo Wo &  H$m{V©H$ H$m XohmÝV hmo J`m VWm O`ÝV Ed§ brZm Zo ì`dgm` H$mo Mmby aIZo H$m 
{ZU©` {H$`m & CZH$m A{Ybm^ AZwnmV 2 : 3 Wm & 
 O`ÝV VWm brZm Ho$ ZE bm^ gh^mOZ AZwnmV H$s JUZm H$s{OE & 3 
Jayant, Kartik and Leena were partners in a firm sharing profits and 
losses in the ratio of 5 : 2 : 3. Kartik died and Jayant and Leena decided 
to continue the business. Their gaining ratio was 2 : 3. 
Calculate the new profit sharing ratio of Jayant and Leena. 
 
8. ‘A§e’ H$m Š`m AW© h¡ ? ‘nydm©{YH$mar A§em|’ d ‘g_Vm A§em|’ _| H$moB© Xmo A§Va Xr{OE & 3 
What is meant by a ‘Share’ ? Give any two differences between 
‘Preference Shares’ and ‘Equity Shares’. 
Page 4


67/1 1 P.T.O. 
narjmWu H$moS >H$mo CÎma-nwpñVH$m Ho$ _wI-n¥ð 
>na Adí` {bIo§ & 
Candidates must write the Code on the 
title page of the answer-book. 
 
 Series SGN  
H$moS> Z§.      
 
 
Code No. 
amob Z§. 
Roll No. 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
boImemñÌ 
ACCOUNTANCY 
{ZYm©[aV g_` : 3 KÊQ>o    A{YH$V_ A§H$ : 80 
Time allowed : 3 hours Maximum Marks : 80 
 
? H¥$n`m Om±M H$a b| {H$ Bg àíZ-nÌ _o§ _w{ÐV n¥ð> 27 h¢ & 
? àíZ-nÌ _| Xm{hZo hmW H$s Amoa {XE JE H$moS >Zå~a H$mo N>mÌ CÎma-nwpñVH$m Ho$ _wI-n¥ð> na 
{bI| & 
? H¥$n`m Om±M H$a b| {H$ Bg àíZ-nÌ _| 23 àíZ h¢ & 
? H¥$n`m àíZ H$m CÎma {bIZm ewê$ H$aZo go nhbo, àíZ H$m H«$_m§H$ Adí` {bI| & 
? Bg  àíZ-nÌ  H$mo n‹T>Zo Ho$ {bE 15 {_ZQ >H$m g_` {X`m J`m h¡ &  àíZ-nÌ H$m {dVaU nydm©• 
_| 10.15 ~Oo {H$`m OmEJm &  10.15 ~Oo go 10.30 ~Oo VH$ N>mÌ Ho$db àíZ-nÌ H$mo n‹T>|Jo 
Am¡a Bg Ad{Y Ho$ Xm¡amZ do CÎma-nwpñVH$m na H$moB© CÎma Zht {bI|Jo & 
? Please check that this question paper contains 27 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. 
SET-1 
67/1
 
67/1 2 
gm_mÝ` {ZX}e : 
(i) `h àíZ-nÌ Xmo IÊS>m| _| {d^º$ h¡ – H$ Am¡a I & 
(ii) IÊS> H$ g^r Ho$ {bE A{Zdm`© h¡ & 
(iii) IÊS> I Ho$ Xmo {dH$ën h¢ - {dÎmr` {ddaUm| H$m {díbofU VWm A{^H${bÌ boIm§H$Z & 
(iv) IÊS> I go Ho$db EH$ hr {dH$ën Ho$ àíZm| Ho$ CÎma {b{IE & 
(v) {H$gr àíZ Ho$ g^r IÊS>m| Ho$ CÎma EH$ hr ñWmZ na {bIo OmZo Mm{hE & 
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 – Analysis of Financial Statements and 
Computerised Accounting.  
(iv) Attempt only one option of Part B. 
(v) All parts of a question should be attempted at one place. 
IÊS> H$ 
(gmPoXmar \$_m] VWm H$ån{Z`m| Ho$ {bE boIm§H$Z) 
PART A 
(Accounting for Partnership Firms and Companies) 
1. A{_V VWm ~rZm EH$ \$_© Ho$ gmPoXma Wo VWm 3 : 1 Ho$ AZwnmV _| bm^-hm{Z ~m±Q>Vo Wo & 
CÝhm|Zo bm^ Ho$ 
6
1
 ^mJ Ho$ {bE M_Z H$mo EH$ Z`m gmPoXma ~Zm`m & M_Z Zo AnZo ^mJ 
H$m 
5
2
 ^mJ A{_V go àmá  {H$`m &  
 M_Z Zo ~rZm go {H$VZm ^mJ àmá {H$`m ? 1 
Amit and Beena were partners in a firm sharing profits and losses in the 
ratio of 3 : 1. Chaman was admitted as a new partner for 
6
1
th
 share in 
the profits. Chaman acquired 
5
2
th
 of his share from Amit.  
How much share did Chaman acquire from Beena ? 
2. ZrVy, _rVy VWm Q>rQy> EH$ \$_© Ho$ gmPoXma Wo &  1 OZdar, 2018 H$mo _rVy Zo AdH$me J«hU 
{H$`m & _rVy Ho$ AdH$me J«hU H$aZo na \$_© H$s »`m{V H$m _yë`m§H$Z < 4,20,000 {H$`m 
J`m & 
 _rVy Ho$ AdH$me J«hU H$aZo na »`m{V Ho$ boIm§H$Z Ho$ {bE Amdí`H$ amoµOZm_Mm à{dpîQ> 
H$s{OE & 1 
Neetu, Meetu and Teetu were partners in a firm. On 1
st
 January, 2018, 
Meetu retired. On Meetu’s retirement the goodwill of the firm was valued 
at < 4,20,000. 
Pass necessary journal entry for the treatment of goodwill on Meetu’s 
retirement. 
67/1 3 P.T.O. 
3. n[agån{Îm`m| VWm Xo`VmAm| Ho$ {ZnQ>mZ Ho$ AmYma na ‘gmPoXmar Ho$ {dKQ>Z’ VWm ‘gmPoXmar 
\$_© Ho$ {dKQ>Z’ _| AÝV^©oX H$s{OE & 1 
Distinguish between ‘Dissolution of partnership’ and ‘Dissolution of 
partnership firm’ on the basis of settlement of assets and liabilities. 
4. [aVoe VWm {hVoe ~MnZ Ho$ XmoñV h¢ & [aVoe EH$ nam_e©XmVm h¡ O~{H$ {hVoe EH$ dmñVwH$ma 
h¡ & CÝhm|Zo ~am~a am{e H$m A§eXmZ H$aHo$ < 2 H$amo‹S> _| EH$ ^dZ IarXm & EH$ df© 
níMmV² CÝhm|Zo Cgo < 3 H$amo‹S> _| ~oM {X`m Am¡a bm^m| H$mo ~am~a-~am~a ~m±Q> {b`m & Š`m 
do gmPoXmar _| ì`dgm` H$a aho h¢ ? AnZo CÎma Ho$ g_W©Z _| H$maU Xr{OE & 1 
Ritesh and Hitesh are childhood friends. Ritesh is a consultant whereas 
Hitesh is an architect. They contributed equal amounts and purchased a 
building for < 2 crores. After a year, they sold it for < 3 crores and 
shared the profits equally. Are they doing the business in partnership ? 
Give reason in support of your answer. 
5. Š`m ‘g§{MV ny±Or’, ‘A-A{^XÎm ny±Or’ AWdm ‘A`m{MV ny±Or’ H$m ^mJ h¡ ?  1 
Is ‘Reserve Capital’ a part of ‘Unsubscribed Capital’ or ‘Uncalled  
Capital’ ? 
6. ‘G$UnÌm| H$m g§nmpíd©H$ à{V^y{V Ho$ ê$n _| {ZJ©_Z’ H$m AW© ~VmBE & 1 
Give the meaning of ‘Debentures issued as Collateral Security’. 
7. O`ÝV, H$m{V©H$ VWm brZm EH$ \$_© Ho$ gmPoXma Wo VWm 5 : 2 : 3 Ho$ AZwnmV _| bm^-hm{Z 
~m±Q>Vo Wo &  H$m{V©H$ H$m XohmÝV hmo J`m VWm O`ÝV Ed§ brZm Zo ì`dgm` H$mo Mmby aIZo H$m 
{ZU©` {H$`m & CZH$m A{Ybm^ AZwnmV 2 : 3 Wm & 
 O`ÝV VWm brZm Ho$ ZE bm^ gh^mOZ AZwnmV H$s JUZm H$s{OE & 3 
Jayant, Kartik and Leena were partners in a firm sharing profits and 
losses in the ratio of 5 : 2 : 3. Kartik died and Jayant and Leena decided 
to continue the business. Their gaining ratio was 2 : 3. 
Calculate the new profit sharing ratio of Jayant and Leena. 
 
8. ‘A§e’ H$m Š`m AW© h¡ ? ‘nydm©{YH$mar A§em|’ d ‘g_Vm A§em|’ _| H$moB© Xmo A§Va Xr{OE & 3 
What is meant by a ‘Share’ ? Give any two differences between 
‘Preference Shares’ and ‘Equity Shares’. 
67/1 4 
9. EH$ Q´>H$ {d{Z_m©U H$ånZr EZ.Ho$. {b{_Q>oS> < 1,00,00,000  H$s A{YH¥$V n±yOr Ho$ gmW 
n§OrH¥$V h¡ Omo < 100 àË`oH$ Ho$ g_Vm A§em| _| {d^º$ h¡ & H$ånZr H$s A{^XÎm VWm àXÎm 
ny±Or < 50,00,000 h¡ & H$ånZr Zo amOñWmZ Ho$ Pmbmdm‹S> {Obo _| {d{eîQ> `mo½`Vm dmbo 
~ƒm| H$mo à{ejU XooZo Ho$ {bE VH$ZrH$s {dÚmb` ImobZo H$m {ZU©` {b`m & `h BZH$mo 
AnZr {d{^Þ {d{Z_m©U BH$mB`m| _| VWm Amgnmg Ho$ joÌ Ho$ CÚmoJm| _| amoµOJma CnbãY 
H$amZo H$s `moOZm ~Zm ahr h¡ & 
 Bg n[a`moOZm H$s ny±OrJV Amdí`H$VmAm| H$mo nyam H$aZo Ho$ {bE H$ånZr Zo OZVm H$mo {ZJ©_Z 
hoVw 20,000 A§em| H$m àñVmd {H$`m & g^r A§e nyU© ê$n go A{^XÎm VWm nyU© àXÎm hmo JE & 
 H$ånZr A{Y{Z`_, 2013 H$s AZwgyMr III Ho$ àmdYmZm| Ho$ AZwgma H$ånZr Ho$ pñW{V {ddaU 
_| A§e ny±Or H$mo àX{e©V H$s{OE & 
 Eogo {H$Ýht Xmo _yë`m| H$s nhMmZ ^r H$s{OE {OZH$mo H$ånZr gåào{fV H$aZm MmhVr h¡ & 3 
NK Ltd., a truck manufacturing company, is registered with an 
authorised capital of < 1,00,00,000 divided into equity shares of < 100 
each. The subscribed and paid up capital of the company is < 50,00,000. 
The company decided to open technical schools in the Jhalawar district of 
Rajasthan to train the specially abled children of the area. It is planning 
to provide them employment in its various production units and 
industries in the neighbourhood area. 
To meet the capital expenditure requirements of the project, the company 
offered 20,000 shares to the public for subscription. The shares were fully 
subscribed and paid. 
Present the share capital in the Balance Sheet of the company as per the 
provisions of Schedule III of the Companies Act, 2013. 
Also identify any two values that the company wants to communicate. 
Page 5


67/1 1 P.T.O. 
narjmWu H$moS >H$mo CÎma-nwpñVH$m Ho$ _wI-n¥ð 
>na Adí` {bIo§ & 
Candidates must write the Code on the 
title page of the answer-book. 
 
 Series SGN  
H$moS> Z§.      
 
 
Code No. 
amob Z§. 
Roll No. 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
boImemñÌ 
ACCOUNTANCY 
{ZYm©[aV g_` : 3 KÊQ>o    A{YH$V_ A§H$ : 80 
Time allowed : 3 hours Maximum Marks : 80 
 
? H¥$n`m Om±M H$a b| {H$ Bg àíZ-nÌ _o§ _w{ÐV n¥ð> 27 h¢ & 
? àíZ-nÌ _| Xm{hZo hmW H$s Amoa {XE JE H$moS >Zå~a H$mo N>mÌ CÎma-nwpñVH$m Ho$ _wI-n¥ð> na 
{bI| & 
? H¥$n`m Om±M H$a b| {H$ Bg àíZ-nÌ _| 23 àíZ h¢ & 
? H¥$n`m àíZ H$m CÎma {bIZm ewê$ H$aZo go nhbo, àíZ H$m H«$_m§H$ Adí` {bI| & 
? Bg  àíZ-nÌ  H$mo n‹T>Zo Ho$ {bE 15 {_ZQ >H$m g_` {X`m J`m h¡ &  àíZ-nÌ H$m {dVaU nydm©• 
_| 10.15 ~Oo {H$`m OmEJm &  10.15 ~Oo go 10.30 ~Oo VH$ N>mÌ Ho$db àíZ-nÌ H$mo n‹T>|Jo 
Am¡a Bg Ad{Y Ho$ Xm¡amZ do CÎma-nwpñVH$m na H$moB© CÎma Zht {bI|Jo & 
? Please check that this question paper contains 27 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. 
SET-1 
67/1
 
67/1 2 
gm_mÝ` {ZX}e : 
(i) `h àíZ-nÌ Xmo IÊS>m| _| {d^º$ h¡ – H$ Am¡a I & 
(ii) IÊS> H$ g^r Ho$ {bE A{Zdm`© h¡ & 
(iii) IÊS> I Ho$ Xmo {dH$ën h¢ - {dÎmr` {ddaUm| H$m {díbofU VWm A{^H${bÌ boIm§H$Z & 
(iv) IÊS> I go Ho$db EH$ hr {dH$ën Ho$ àíZm| Ho$ CÎma {b{IE & 
(v) {H$gr àíZ Ho$ g^r IÊS>m| Ho$ CÎma EH$ hr ñWmZ na {bIo OmZo Mm{hE & 
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 – Analysis of Financial Statements and 
Computerised Accounting.  
(iv) Attempt only one option of Part B. 
(v) All parts of a question should be attempted at one place. 
IÊS> H$ 
(gmPoXmar \$_m] VWm H$ån{Z`m| Ho$ {bE boIm§H$Z) 
PART A 
(Accounting for Partnership Firms and Companies) 
1. A{_V VWm ~rZm EH$ \$_© Ho$ gmPoXma Wo VWm 3 : 1 Ho$ AZwnmV _| bm^-hm{Z ~m±Q>Vo Wo & 
CÝhm|Zo bm^ Ho$ 
6
1
 ^mJ Ho$ {bE M_Z H$mo EH$ Z`m gmPoXma ~Zm`m & M_Z Zo AnZo ^mJ 
H$m 
5
2
 ^mJ A{_V go àmá  {H$`m &  
 M_Z Zo ~rZm go {H$VZm ^mJ àmá {H$`m ? 1 
Amit and Beena were partners in a firm sharing profits and losses in the 
ratio of 3 : 1. Chaman was admitted as a new partner for 
6
1
th
 share in 
the profits. Chaman acquired 
5
2
th
 of his share from Amit.  
How much share did Chaman acquire from Beena ? 
2. ZrVy, _rVy VWm Q>rQy> EH$ \$_© Ho$ gmPoXma Wo &  1 OZdar, 2018 H$mo _rVy Zo AdH$me J«hU 
{H$`m & _rVy Ho$ AdH$me J«hU H$aZo na \$_© H$s »`m{V H$m _yë`m§H$Z < 4,20,000 {H$`m 
J`m & 
 _rVy Ho$ AdH$me J«hU H$aZo na »`m{V Ho$ boIm§H$Z Ho$ {bE Amdí`H$ amoµOZm_Mm à{dpîQ> 
H$s{OE & 1 
Neetu, Meetu and Teetu were partners in a firm. On 1
st
 January, 2018, 
Meetu retired. On Meetu’s retirement the goodwill of the firm was valued 
at < 4,20,000. 
Pass necessary journal entry for the treatment of goodwill on Meetu’s 
retirement. 
67/1 3 P.T.O. 
3. n[agån{Îm`m| VWm Xo`VmAm| Ho$ {ZnQ>mZ Ho$ AmYma na ‘gmPoXmar Ho$ {dKQ>Z’ VWm ‘gmPoXmar 
\$_© Ho$ {dKQ>Z’ _| AÝV^©oX H$s{OE & 1 
Distinguish between ‘Dissolution of partnership’ and ‘Dissolution of 
partnership firm’ on the basis of settlement of assets and liabilities. 
4. [aVoe VWm {hVoe ~MnZ Ho$ XmoñV h¢ & [aVoe EH$ nam_e©XmVm h¡ O~{H$ {hVoe EH$ dmñVwH$ma 
h¡ & CÝhm|Zo ~am~a am{e H$m A§eXmZ H$aHo$ < 2 H$amo‹S> _| EH$ ^dZ IarXm & EH$ df© 
níMmV² CÝhm|Zo Cgo < 3 H$amo‹S> _| ~oM {X`m Am¡a bm^m| H$mo ~am~a-~am~a ~m±Q> {b`m & Š`m 
do gmPoXmar _| ì`dgm` H$a aho h¢ ? AnZo CÎma Ho$ g_W©Z _| H$maU Xr{OE & 1 
Ritesh and Hitesh are childhood friends. Ritesh is a consultant whereas 
Hitesh is an architect. They contributed equal amounts and purchased a 
building for < 2 crores. After a year, they sold it for < 3 crores and 
shared the profits equally. Are they doing the business in partnership ? 
Give reason in support of your answer. 
5. Š`m ‘g§{MV ny±Or’, ‘A-A{^XÎm ny±Or’ AWdm ‘A`m{MV ny±Or’ H$m ^mJ h¡ ?  1 
Is ‘Reserve Capital’ a part of ‘Unsubscribed Capital’ or ‘Uncalled  
Capital’ ? 
6. ‘G$UnÌm| H$m g§nmpíd©H$ à{V^y{V Ho$ ê$n _| {ZJ©_Z’ H$m AW© ~VmBE & 1 
Give the meaning of ‘Debentures issued as Collateral Security’. 
7. O`ÝV, H$m{V©H$ VWm brZm EH$ \$_© Ho$ gmPoXma Wo VWm 5 : 2 : 3 Ho$ AZwnmV _| bm^-hm{Z 
~m±Q>Vo Wo &  H$m{V©H$ H$m XohmÝV hmo J`m VWm O`ÝV Ed§ brZm Zo ì`dgm` H$mo Mmby aIZo H$m 
{ZU©` {H$`m & CZH$m A{Ybm^ AZwnmV 2 : 3 Wm & 
 O`ÝV VWm brZm Ho$ ZE bm^ gh^mOZ AZwnmV H$s JUZm H$s{OE & 3 
Jayant, Kartik and Leena were partners in a firm sharing profits and 
losses in the ratio of 5 : 2 : 3. Kartik died and Jayant and Leena decided 
to continue the business. Their gaining ratio was 2 : 3. 
Calculate the new profit sharing ratio of Jayant and Leena. 
 
8. ‘A§e’ H$m Š`m AW© h¡ ? ‘nydm©{YH$mar A§em|’ d ‘g_Vm A§em|’ _| H$moB© Xmo A§Va Xr{OE & 3 
What is meant by a ‘Share’ ? Give any two differences between 
‘Preference Shares’ and ‘Equity Shares’. 
67/1 4 
9. EH$ Q´>H$ {d{Z_m©U H$ånZr EZ.Ho$. {b{_Q>oS> < 1,00,00,000  H$s A{YH¥$V n±yOr Ho$ gmW 
n§OrH¥$V h¡ Omo < 100 àË`oH$ Ho$ g_Vm A§em| _| {d^º$ h¡ & H$ånZr H$s A{^XÎm VWm àXÎm 
ny±Or < 50,00,000 h¡ & H$ånZr Zo amOñWmZ Ho$ Pmbmdm‹S> {Obo _| {d{eîQ> `mo½`Vm dmbo 
~ƒm| H$mo à{ejU XooZo Ho$ {bE VH$ZrH$s {dÚmb` ImobZo H$m {ZU©` {b`m & `h BZH$mo 
AnZr {d{^Þ {d{Z_m©U BH$mB`m| _| VWm Amgnmg Ho$ joÌ Ho$ CÚmoJm| _| amoµOJma CnbãY 
H$amZo H$s `moOZm ~Zm ahr h¡ & 
 Bg n[a`moOZm H$s ny±OrJV Amdí`H$VmAm| H$mo nyam H$aZo Ho$ {bE H$ånZr Zo OZVm H$mo {ZJ©_Z 
hoVw 20,000 A§em| H$m àñVmd {H$`m & g^r A§e nyU© ê$n go A{^XÎm VWm nyU© àXÎm hmo JE & 
 H$ånZr A{Y{Z`_, 2013 H$s AZwgyMr III Ho$ àmdYmZm| Ho$ AZwgma H$ånZr Ho$ pñW{V {ddaU 
_| A§e ny±Or H$mo àX{e©V H$s{OE & 
 Eogo {H$Ýht Xmo _yë`m| H$s nhMmZ ^r H$s{OE {OZH$mo H$ånZr gåào{fV H$aZm MmhVr h¡ & 3 
NK Ltd., a truck manufacturing company, is registered with an 
authorised capital of < 1,00,00,000 divided into equity shares of < 100 
each. The subscribed and paid up capital of the company is < 50,00,000. 
The company decided to open technical schools in the Jhalawar district of 
Rajasthan to train the specially abled children of the area. It is planning 
to provide them employment in its various production units and 
industries in the neighbourhood area. 
To meet the capital expenditure requirements of the project, the company 
offered 20,000 shares to the public for subscription. The shares were fully 
subscribed and paid. 
Present the share capital in the Balance Sheet of the company as per the 
provisions of Schedule III of the Companies Act, 2013. 
Also identify any two values that the company wants to communicate. 
67/1 5 P.T.O. 
10. dr.Ho$. {b{_Q>oS> H$s nwñVH$m| _| [aº$ N>mo‹S>r JB© {ZåZ{b{IV amoµOZm_Mm à{dpîQ>`m| H$mo nyam H$s{OE : 3 
dr.Ho$. {b{_Q>oS>  
amoµOZm_Mm 
{V{W {ddaU 
~.n¥.
g§. 
Zm_ am{e 
< 
O_m am{e 
< 
2018 
........................................  Zm_ 
 ..........  
\$adar 01      ........................................   .......... 
 
(ñd`§ Ho$ 500, < 100 àË`oH$ Ho$ 9% 
G$UnÌm| H$m H«$` < 97 àË`oH$ na 
VwaÝV aÔ H$aZo hoVw {H$`m J`m) 
   
\$adar 01 ........................................  Zm_ 
 ..........  
 
     ........................................ 
     ........................................ 
  
.......... 
.......... 
 (ñd`§ Ho$ G$UnÌm| H$mo aÔ {H$`m J`m)    
.......... ........................................  Zm_ 
 ..........  
 
      ........................................ 
(.............................................) 
  
.......... 
 
Complete the following journal entries left blank in the books of VK Ltd. : 
VK Ltd. 
Journal 
Date Particulars L.F. 
Debit 
Amount 
< 
Credit 
Amount 
< 
2018 
...............................    Dr  ..........  
February 01      ...............................   .......... 
 
(Purchased own 500, 9% 
debentures of < 100 each at 
< 97 each for immediate 
cancellation) 
   
February 01 ...............................    Dr  ..........  
 
     ............................... 
     ............................... 
  
.......... 
.......... 
 (Cancelled own debentures)    
.......... ...............................    Dr  ..........  
 
     ............................... 
(...................................) 
  
..........