CBSE Class 12 Accountancy: Question Paper for 2019 (Term-II) | Toppers Answer Sheets for Class 12 PDF Download

 Page 1


     
 67/2/3 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 BVM/2  
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-3 
67/2/3
 
Page 2


     
 67/2/3 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 BVM/2  
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-3 
67/2/3
 
     
 67/2/3  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$ 
(Abm^H$mar g§JR>Zm|, gmPoXmar \$_m] VWm H$ån{Z`m| Ho$ {bE boIm§H$Z) 
PART A  
(Accounting for Not-for-Profit Organizations, Partnership Firms and 
Companies)  
 
1. EH$ Abm^H$mar g§JR>Z Ho$ _w»` CÔoí` H$m CëboI H$s{OE &    1 
AWdm 
EH$ Abm^H$mar g§JR>Z H$m {dÎmr` {ddaU V¡`ma H$aVo g_` ‘OrdZ gXñ`Vm ewëH$’ H$m 
{ZnQ>mZ H¡$go {H$`m OmVm h¡ ?  1  
State the main aim of a not-for-profit organisation.    
OR 
How is ‘Life membership fee’ treated while preparing the financial 
statements of a not-for-profit organisation ? 
Page 3


     
 67/2/3 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 BVM/2  
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-3 
67/2/3
 
     
 67/2/3  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$ 
(Abm^H$mar g§JR>Zm|, gmPoXmar \$_m] VWm H$ån{Z`m| Ho$ {bE boIm§H$Z) 
PART A  
(Accounting for Not-for-Profit Organizations, Partnership Firms and 
Companies)  
 
1. EH$ Abm^H$mar g§JR>Z Ho$ _w»` CÔoí` H$m CëboI H$s{OE &    1 
AWdm 
EH$ Abm^H$mar g§JR>Z H$m {dÎmr` {ddaU V¡`ma H$aVo g_` ‘OrdZ gXñ`Vm ewëH$’ H$m 
{ZnQ>mZ H¡$go {H$`m OmVm h¡ ?  1  
State the main aim of a not-for-profit organisation.    
OR 
How is ‘Life membership fee’ treated while preparing the financial 
statements of a not-for-profit organisation ? 
     
 67/2/3 3 P.T.O. 
2. {XZH$a, ZdrVm VWm dmUr gmPoXma Wo VWm 3 : 2 : 1 Ho$ AZwnmV _| bm^-hm{Z ~m±Q>Vo Wo &  
30 OyZ, 2017 H$mo ZdrVm H$s _¥Ë`w hmo JB© & ~rM H$s Ad{Y _| bm^ _| CgH$m ^mJ {dH«$` 
na AmYm[aV Wm Omo < 6,00,000 Wm & {nN>bo Mma dfm] _| {dH«$` na bm^ H$s Xa 10%  
Wr & \$_© AnZr nwñVH|$ à{V df© 31 _mM© H$mo ~§X H$aVr h¡ &  
 bm^ _| ZdrVm Ho$ ^mJ H$s JUZm H$s{OE &   1 
Dinkar, Navita and Vani were partners sharing profits and losses in the 
ratio of 3 : 2 : 1. Navita died on 30
th
 June, 2017. Her share of profit for 
the intervening period was based on the sales during that period, which 
were < 6,00,000. The rate of profit during the past four years had been 
10% on sales. The firm closes its books on 31
st
 March every year.  
Calculate Navita’s share of profit.      
3. H$s`m VWm brbm gmPoXma h¢ VWm 3 : 2 Ho$ AZwnmV _| bm^ ~m±Q>Vo h¢ & {H$aU H$mo bm^ Ho$ 
5
1
d| ^mJ Ho$ {bE EH$ Z`m gmPoXma ~Zm`m J`m Am¡a dh »`m{V àr{_`_ Ho$ AnZo ^mJ Ho$ 
{bE < 24,000 bmB©, {OgH$s H$s`m VWm brbm Ho$ ny±Or ImVm| Ho$ O_m _| H«$_e…  
< 18,000 VWm < 6,000 go IVm¡Zr H$a Xr JB© &  
 H$s`m, brbm VWm {H$aU Ho$ ZE bm^ {d^mOZ AZwnmV H$s JUZm H$s{OE &   1 
Kiya and Leela are partners sharing profits in the ratio of 3 : 2. Kiran was 
admitted as a new partner with 
5
1
th
 share in the profits and brought in  
< 24,000 as her share of goodwill premium that was credited to the capital 
accounts of Kiya and Leela respectively with < 18,000 and < 6,000.  
Calculate the new profit sharing ratio of Kiya, Leela and Kiran.   
4. ‘A§em| Ho$ {ZOr Am~§Q>Z’ H$m Š`m AW© h¡ ?  1 
   AWdm 
‘Ama{jV ny±Or’ H$m Š`m AW© h¡ ?   1  
What is meant by ‘Private Placement of Shares’ ?    
  OR 
What is meant by ‘Reserve Capital’ ?  
5. EH$ Z`m gmPoXma {Og gmPoXmar \$_© H$m gXñ` ~ZVm h¡, Cg_| Xmo à_wI A{YH$mam| H$m 
A{YJ«hU H$aVm h¡ & BZ_| go EH$ A{YH$ma H$m CëboI H$s{OE &    1 
AWdm 
{H$gr \$_© H$s »`m{V Ho$ _yë` H$mo ‘ì`dgm` H$s àH¥${V’ {H$g àH$ma à^m{dV H$aVr h¡ ? 1      
A new partner acquires two main rights in the partnership firm which he 
joins. State one of these rights.    
OR 
How does ‘Nature of business’ affect the value of goodwill of a firm ?      
Page 4


     
 67/2/3 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 BVM/2  
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-3 
67/2/3
 
     
 67/2/3  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$ 
(Abm^H$mar g§JR>Zm|, gmPoXmar \$_m] VWm H$ån{Z`m| Ho$ {bE boIm§H$Z) 
PART A  
(Accounting for Not-for-Profit Organizations, Partnership Firms and 
Companies)  
 
1. EH$ Abm^H$mar g§JR>Z Ho$ _w»` CÔoí` H$m CëboI H$s{OE &    1 
AWdm 
EH$ Abm^H$mar g§JR>Z H$m {dÎmr` {ddaU V¡`ma H$aVo g_` ‘OrdZ gXñ`Vm ewëH$’ H$m 
{ZnQ>mZ H¡$go {H$`m OmVm h¡ ?  1  
State the main aim of a not-for-profit organisation.    
OR 
How is ‘Life membership fee’ treated while preparing the financial 
statements of a not-for-profit organisation ? 
     
 67/2/3 3 P.T.O. 
2. {XZH$a, ZdrVm VWm dmUr gmPoXma Wo VWm 3 : 2 : 1 Ho$ AZwnmV _| bm^-hm{Z ~m±Q>Vo Wo &  
30 OyZ, 2017 H$mo ZdrVm H$s _¥Ë`w hmo JB© & ~rM H$s Ad{Y _| bm^ _| CgH$m ^mJ {dH«$` 
na AmYm[aV Wm Omo < 6,00,000 Wm & {nN>bo Mma dfm] _| {dH«$` na bm^ H$s Xa 10%  
Wr & \$_© AnZr nwñVH|$ à{V df© 31 _mM© H$mo ~§X H$aVr h¡ &  
 bm^ _| ZdrVm Ho$ ^mJ H$s JUZm H$s{OE &   1 
Dinkar, Navita and Vani were partners sharing profits and losses in the 
ratio of 3 : 2 : 1. Navita died on 30
th
 June, 2017. Her share of profit for 
the intervening period was based on the sales during that period, which 
were < 6,00,000. The rate of profit during the past four years had been 
10% on sales. The firm closes its books on 31
st
 March every year.  
Calculate Navita’s share of profit.      
3. H$s`m VWm brbm gmPoXma h¢ VWm 3 : 2 Ho$ AZwnmV _| bm^ ~m±Q>Vo h¢ & {H$aU H$mo bm^ Ho$ 
5
1
d| ^mJ Ho$ {bE EH$ Z`m gmPoXma ~Zm`m J`m Am¡a dh »`m{V àr{_`_ Ho$ AnZo ^mJ Ho$ 
{bE < 24,000 bmB©, {OgH$s H$s`m VWm brbm Ho$ ny±Or ImVm| Ho$ O_m _| H«$_e…  
< 18,000 VWm < 6,000 go IVm¡Zr H$a Xr JB© &  
 H$s`m, brbm VWm {H$aU Ho$ ZE bm^ {d^mOZ AZwnmV H$s JUZm H$s{OE &   1 
Kiya and Leela are partners sharing profits in the ratio of 3 : 2. Kiran was 
admitted as a new partner with 
5
1
th
 share in the profits and brought in  
< 24,000 as her share of goodwill premium that was credited to the capital 
accounts of Kiya and Leela respectively with < 18,000 and < 6,000.  
Calculate the new profit sharing ratio of Kiya, Leela and Kiran.   
4. ‘A§em| Ho$ {ZOr Am~§Q>Z’ H$m Š`m AW© h¡ ?  1 
   AWdm 
‘Ama{jV ny±Or’ H$m Š`m AW© h¡ ?   1  
What is meant by ‘Private Placement of Shares’ ?    
  OR 
What is meant by ‘Reserve Capital’ ?  
5. EH$ Z`m gmPoXma {Og gmPoXmar \$_© H$m gXñ` ~ZVm h¡, Cg_| Xmo à_wI A{YH$mam| H$m 
A{YJ«hU H$aVm h¡ & BZ_| go EH$ A{YH$ma H$m CëboI H$s{OE &    1 
AWdm 
{H$gr \$_© H$s »`m{V Ho$ _yë` H$mo ‘ì`dgm` H$s àH¥${V’ {H$g àH$ma à^m{dV H$aVr h¡ ? 1      
A new partner acquires two main rights in the partnership firm which he 
joins. State one of these rights.    
OR 
How does ‘Nature of business’ affect the value of goodwill of a firm ?      
     
 67/2/3  4 
6. I, J VWm K EH$ \$_© _| gmPoXma Wo VWm 1 : 4 : 5 Ho$ AZwnmV _| bm^-hm{Z ~m±Q>Vo Wo &  
31 _mM©, 2018 H$mo \$_© H$m {dKQ>Z hmo J`m VWm Cg {V{W H$mo \$_© H$m pñW{V {ddaU  
< 10,000 H$m EH$ G$U Xem© ahm Wm, {OgH$mo J Ho$ ^mB© V Zo {X`m Wm & J AnZo ^mB© Ho$ 
G$U H$m ^wJVmZ H$aZo Ho$ {bE gh_V hmo J`m &   
 \$_© Ho$ {dKQ>Z na Cn`w©º$ Ho$ {bE Amdí`H$ amoµOZm_Mm à{dpîQ> H$s{OE &  1 
B, C and D were partners in a firm sharing profits and losses in the ratio 
of 1 : 4 : 5. On 31
st
 March, 2018 the firm was dissolved and on that date 
the Balance Sheet of the firm showed a loan of < 10,000 given by C’s 
brother F. C agreed to pay his brother’s loan.  
Pass necessary journal entry for the above on the firm’s dissolution.   
 
 
7. H$, I, J VWm K EH$ \$_© _| gmPoXma Wo VWm bm^-hm{Z ~am~a ~m±Q>Vo Wo & L> H$mo EH$ ZE 
gmPoXma Ho$ ê$n _| bm^m| _| 
3
1
d| ^mJ Ho$ {bE \$_© _| àdoe {X`m Omo CgZo J VWm K go 
~am~a _mÌm _| àmßV {H$`m & L> Ho$ àdoe na \$_© H$s »`m{V H$m _yë`m§H$Z < 3,00,000  
Wm &  
 L> Ho$ àdoe na ZE bm^ {d^mOZ AZwnmV H$s JUZm H$s{OE & gmW hr L> Ho$ àdoe na 
Amdí`H$ amoµOZm_Mm à{dpîQ> H$s{OE, `h _mZVo hþE {H$ dh AnZo {hñgo H$s »`m{V amoH$‹S> 
_| bmZo _| Ag\$b ahm &   3 
A, B, C and D were partners in a firm sharing profits and losses equally. 
E was admitted as a new partner for rd
3
1
 share in the profits of the firm 
which he acquires equally from C and D. On E’s admission the goodwill of 
the firm was valued at < 3,00,000.  
Calculate the new profit sharing ratio on E’s admission. Also pass 
necessary journal entry on E’s admission, assuming that he failed to 
bring his share of goodwill in cash.   
Page 5


     
 67/2/3 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 BVM/2  
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-3 
67/2/3
 
     
 67/2/3  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$ 
(Abm^H$mar g§JR>Zm|, gmPoXmar \$_m] VWm H$ån{Z`m| Ho$ {bE boIm§H$Z) 
PART A  
(Accounting for Not-for-Profit Organizations, Partnership Firms and 
Companies)  
 
1. EH$ Abm^H$mar g§JR>Z Ho$ _w»` CÔoí` H$m CëboI H$s{OE &    1 
AWdm 
EH$ Abm^H$mar g§JR>Z H$m {dÎmr` {ddaU V¡`ma H$aVo g_` ‘OrdZ gXñ`Vm ewëH$’ H$m 
{ZnQ>mZ H¡$go {H$`m OmVm h¡ ?  1  
State the main aim of a not-for-profit organisation.    
OR 
How is ‘Life membership fee’ treated while preparing the financial 
statements of a not-for-profit organisation ? 
     
 67/2/3 3 P.T.O. 
2. {XZH$a, ZdrVm VWm dmUr gmPoXma Wo VWm 3 : 2 : 1 Ho$ AZwnmV _| bm^-hm{Z ~m±Q>Vo Wo &  
30 OyZ, 2017 H$mo ZdrVm H$s _¥Ë`w hmo JB© & ~rM H$s Ad{Y _| bm^ _| CgH$m ^mJ {dH«$` 
na AmYm[aV Wm Omo < 6,00,000 Wm & {nN>bo Mma dfm] _| {dH«$` na bm^ H$s Xa 10%  
Wr & \$_© AnZr nwñVH|$ à{V df© 31 _mM© H$mo ~§X H$aVr h¡ &  
 bm^ _| ZdrVm Ho$ ^mJ H$s JUZm H$s{OE &   1 
Dinkar, Navita and Vani were partners sharing profits and losses in the 
ratio of 3 : 2 : 1. Navita died on 30
th
 June, 2017. Her share of profit for 
the intervening period was based on the sales during that period, which 
were < 6,00,000. The rate of profit during the past four years had been 
10% on sales. The firm closes its books on 31
st
 March every year.  
Calculate Navita’s share of profit.      
3. H$s`m VWm brbm gmPoXma h¢ VWm 3 : 2 Ho$ AZwnmV _| bm^ ~m±Q>Vo h¢ & {H$aU H$mo bm^ Ho$ 
5
1
d| ^mJ Ho$ {bE EH$ Z`m gmPoXma ~Zm`m J`m Am¡a dh »`m{V àr{_`_ Ho$ AnZo ^mJ Ho$ 
{bE < 24,000 bmB©, {OgH$s H$s`m VWm brbm Ho$ ny±Or ImVm| Ho$ O_m _| H«$_e…  
< 18,000 VWm < 6,000 go IVm¡Zr H$a Xr JB© &  
 H$s`m, brbm VWm {H$aU Ho$ ZE bm^ {d^mOZ AZwnmV H$s JUZm H$s{OE &   1 
Kiya and Leela are partners sharing profits in the ratio of 3 : 2. Kiran was 
admitted as a new partner with 
5
1
th
 share in the profits and brought in  
< 24,000 as her share of goodwill premium that was credited to the capital 
accounts of Kiya and Leela respectively with < 18,000 and < 6,000.  
Calculate the new profit sharing ratio of Kiya, Leela and Kiran.   
4. ‘A§em| Ho$ {ZOr Am~§Q>Z’ H$m Š`m AW© h¡ ?  1 
   AWdm 
‘Ama{jV ny±Or’ H$m Š`m AW© h¡ ?   1  
What is meant by ‘Private Placement of Shares’ ?    
  OR 
What is meant by ‘Reserve Capital’ ?  
5. EH$ Z`m gmPoXma {Og gmPoXmar \$_© H$m gXñ` ~ZVm h¡, Cg_| Xmo à_wI A{YH$mam| H$m 
A{YJ«hU H$aVm h¡ & BZ_| go EH$ A{YH$ma H$m CëboI H$s{OE &    1 
AWdm 
{H$gr \$_© H$s »`m{V Ho$ _yë` H$mo ‘ì`dgm` H$s àH¥${V’ {H$g àH$ma à^m{dV H$aVr h¡ ? 1      
A new partner acquires two main rights in the partnership firm which he 
joins. State one of these rights.    
OR 
How does ‘Nature of business’ affect the value of goodwill of a firm ?      
     
 67/2/3  4 
6. I, J VWm K EH$ \$_© _| gmPoXma Wo VWm 1 : 4 : 5 Ho$ AZwnmV _| bm^-hm{Z ~m±Q>Vo Wo &  
31 _mM©, 2018 H$mo \$_© H$m {dKQ>Z hmo J`m VWm Cg {V{W H$mo \$_© H$m pñW{V {ddaU  
< 10,000 H$m EH$ G$U Xem© ahm Wm, {OgH$mo J Ho$ ^mB© V Zo {X`m Wm & J AnZo ^mB© Ho$ 
G$U H$m ^wJVmZ H$aZo Ho$ {bE gh_V hmo J`m &   
 \$_© Ho$ {dKQ>Z na Cn`w©º$ Ho$ {bE Amdí`H$ amoµOZm_Mm à{dpîQ> H$s{OE &  1 
B, C and D were partners in a firm sharing profits and losses in the ratio 
of 1 : 4 : 5. On 31
st
 March, 2018 the firm was dissolved and on that date 
the Balance Sheet of the firm showed a loan of < 10,000 given by C’s 
brother F. C agreed to pay his brother’s loan.  
Pass necessary journal entry for the above on the firm’s dissolution.   
 
 
7. H$, I, J VWm K EH$ \$_© _| gmPoXma Wo VWm bm^-hm{Z ~am~a ~m±Q>Vo Wo & L> H$mo EH$ ZE 
gmPoXma Ho$ ê$n _| bm^m| _| 
3
1
d| ^mJ Ho$ {bE \$_© _| àdoe {X`m Omo CgZo J VWm K go 
~am~a _mÌm _| àmßV {H$`m & L> Ho$ àdoe na \$_© H$s »`m{V H$m _yë`m§H$Z < 3,00,000  
Wm &  
 L> Ho$ àdoe na ZE bm^ {d^mOZ AZwnmV H$s JUZm H$s{OE & gmW hr L> Ho$ àdoe na 
Amdí`H$ amoµOZm_Mm à{dpîQ> H$s{OE, `h _mZVo hþE {H$ dh AnZo {hñgo H$s »`m{V amoH$‹S> 
_| bmZo _| Ag\$b ahm &   3 
A, B, C and D were partners in a firm sharing profits and losses equally. 
E was admitted as a new partner for rd
3
1
 share in the profits of the firm 
which he acquires equally from C and D. On E’s admission the goodwill of 
the firm was valued at < 3,00,000.  
Calculate the new profit sharing ratio on E’s admission. Also pass 
necessary journal entry on E’s admission, assuming that he failed to 
bring his share of goodwill in cash.   
     
 67/2/3 5 P.T.O. 
8. ‘Oo EZ {b{_Q>oS>’ < 100 àË`oH$ Ho$ 2,00,000 g_Vm A§em| H$s A{YH¥$V ny±Or Ho$ gmW 
n§OrH¥$V Wr & H$ånZr Zo OZVm H$mo A{^XmZ Ho$ {bE 1,00,000 A§e àñVm{dV {H$E & 
1,50,000 A§em| Ho$ {bE AmdoXZ àmßV hþE VWm g^r AmdoXH$m| H$mo AmZwnm{VH$ AmYma na 
Am~§Q>Z H$a {X`m J`m & Xÿgar Am¡a A§{V_ `mMZm na < 4,000 H$mo N>mo‹S>H$a g^r `mMZmE± 
_m±J br JBª VWm àmßV hmo JBª & Xÿgar Am¡a A§{V_ `mMZm na Xo` am{e < 20 à{V A§e  
Wr &  
 H$ånZr A{Y{Z`_, 2013 H$s AZwgyMr III, ^mJ I Ho$ AZwgma A§e ny±Or H$mo H$ånZr Ho$ 
pñW{V {ddaU _| àñVwV H$s{OE &     3      
‘JN Ltd.’ were registered with an authorised capital of 2,00,000 equity 
shares of < 100 each. The company offered to the public for subscription 
1,00,000 shares. Applications for 1,50,000 shares were received and 
allotment was made to all the applicants on pro-rata basis. All calls were 
made and were duly received except the second and final call of < 4,000. 
The amount payable on second and final call was < 20 per share. 
Present the Share Capital in the Balance Sheet of the company as per 
Schedule III, Part I of the Companies Act, 2013.       
 
9. ‘`y µO¡S> {b{_Q>oS>’ Zo EëH$ _erZ {b{_Q>oS> go < 6,90,000 _| g§`§Ì VWm _erZar H$m H«$` 
{H$`m & EëH$ {b{_Q>oS> H$mo ^wJVmZ < 90,000 Ho$ EH$ S´>mâQ>, Omo VrZ _mh níMmV² Xo` Wm, 
H$mo ñdrH$ma H$aHo$ VWm eof H$m ^wJVmZ < 100 àË`oH$ Ho$ 6% G$UnÌm| H$mo 20% Ho$ ~Å>>o 
na {ZJ©{_V H$aHo$ {H$`m J`m &  
 Cn`w©º$ boZXoZm| Ho$ {bE ‘`y µO¡S> {b{_Q>oS>’ H$s nwñVH$m| _| Amdí`H$ amoµOZm_Mm à{dpîQ>`m± 
H$s{OE &   3 
AWdm 
‘µO¡S> Ho$ {b{_Q>oS>’ Zo < 100 àË`oH$ Ho$ < 4,00,000, 9% G$UnÌm| H$m {ZJ©_Z 5% Ho$ ~Å>o 
na {H$`m {OZH$m emoYZ 10% Ho$ àr{_`_ na H$aZm h¡ &  
Cn`w©º$ boZXoZm| Ho$ {bE ‘µO¡S> Ho$ {b{_Q>oS>’ H$s nwñVH$m| _| Amdí`H$ amoµOZm_Mm à{dpîQ>`m± 
H$s{OE &      3