CBSE Class 12 Accountancy Sample Paper SA2 2015 (1)
Sample Papers are the very important for every student. The sample papers should be practiced to gain extra marks in examinations. The sample papers have been prepared based on summative assessment1 and summative assessment 2 pattern. The sample papers have been prepared based on pattern of last year examinations and as per latest changes in the syllabus. Students, teachers and parents can download all CBSE educational material and very well prepared worksheets from this website. All CBSE educational material is developed by our panel of teachers, have also been submitted by CBSE teachers and students.
ACCOUNTANCY
Time : 3 hrs. M.M. : 80
1. On what occasions sacrificing ratio is used? (1)
2. How will you deal with Profit and Loss A/c appearing on the assets side of Balance
Sheet? (1)
3. What is the purpose to calculate the gaining ratio? (1)
4. How will you compute the amount payable to a deceased partner (died partner)? (1)
5. If a key partner of a partnership firm dies then what value the other partners should
display apart from accounting and legal procedures? (1)
6. Name the asset which is not transferred to the debit side of Realization A/c but can
bring certain amount of cash against its disposal. (1)
7. What is meant by dissolution of partnership? (1)
8. What is right Issue? (1)
9. Can a company issue debentures convertible into equity shares without the approval
of SEBI? (1)
10. Can a company redeem its debentures out of capital? State the rule related to it. (1)
11. The Managing Director/ Chairman of Shara Group of Companies reacted to SEBI he is
not done anything which leads to contempt of court of Supreme Court of India for
not paying the money as per court order as his company has not sufficient money.
Elaborate the issue and show which values are affected. (3)
12. Abhinav and Kartikey are partners in a firm. They decided to admit Abhishek as a
partner with
5
1
share in the profit of the firm. Abhishek brings Rs 1,50,000 as his
share of capital. The value of total assets of the firm is Rs 8,00,000 and its liabilities
are valued Rs 2,00,000 on that date. Give the necessary entry to record goodwill at
the time of Abhishek’s admission. Also your working note. (3)
13. State the provisions of Section 78 of Company Act, 1956. (3)
14. Poorva and Ashwati are equal partners in a firm. The firm has the assets Rs 2,50,000
and liabilities Rs 50,000. Normal rate return is 15%. They decided to admit Aayushi
for
4
1
share in profits of firm. Calculate the amount of goodwill she is required to
bring. Goodwill is to valued 2 years purchases of super profit the profits earned by
the firm is Rs 60,000
Please click the below link to access CBSE Class 12 Accountancy Sample Paper SA2 2015 (1)