Sample Paper – 2009
Class – XII
Subject – AccountancyTime Allowed: 3 hours M.M.:80
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General instructions:
a) This question paper is divided into two parts i.e Part- A and Part- B.
(b) All questions are compulsory. Attempt all parts of a question at one place only.
c) Marks are indicated against each question.
(d) Show all the working notes very clearly.
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PART- A |
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Q.1 |
Why and by whom is an ‘Income and Expenditure Account is prepared? |
(1) |
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Q.2 |
State any two items that may appear on debit side when capitals are fixed. |
(1) |
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Q.3 |
How are accumulated profits and losses adjusted at the time of admission of a partner? Give journal entry. |
(1) |
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Q.4 |
What do you mean by ‘Super Profit’? |
(1) |
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Q.5 |
What do you mean by debentures issued as collateral security? |
(1) |
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Q.6 |
On the basis of the following information, calculate the amount of stationery to be shown in the Income and Expenditure A/c for the year ended 31st March, 2007. Rs. Stock of stationery as on 1-04-2006 1,00,000 Stock of stationery as on 31-03-2007 80,000 Amount paid for stationery during the year 4,00,000 Creditors as on 1-04-2006 40,000 Creditors as on 31-03-2007 20,000 |
(3) |
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Q.7 |
State the conditions under which shares can be issued at discount. |
(3) |
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Q.8 |
A limited company issued 1,000 equity shares of Rs.100 each as fully paid up in consideration of the purchase of plant and machinery worth Rs.99,000. Make entries in the books of the company. |
(3 |
- English 2002
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