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CBSE Class 12 Accountancy Sample Paper 2021 Set D
AccountancyPART A Accounting for Not-for-Profit Organisations, Partnership Firms and Companies. 1 Name the asset that is not transferred to the debit side of Realisation Account, but brings certain...
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CBSE Class 12 Accountancy Accounting For Companies Worksheet
AccountancyCompany Accounts - Accounting for Share Capital Meaning of company: A company is an organization formed by an association of persons through a process of law for undertaking (usually) a...
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CBSE Class 12 Accountancy Accounting For Not For Profit Organisation Worksheet
Accountancy1. How would you treat the following in books of a Not-For_Profit organization? (i) Cash received for Governor’s party fund—` 40,000, expenses incurred on the Governors party ` 36,800.(ii)...
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CBSE Class 12 Accountancy Accounting For Partnership Firms Worksheet Set A
AccountancyPartnership Meaning and Definition According to Section 4 of the Partnership Act 1932 “Partnership is the relation between persons who have agreed to share the profits of a business carried...
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AccountancyAccounting for partnership firms – Fundamentals1 and 3 Mark QuestionsQ1 Define partnership.Ans. When two or more persons enter into an agreement to carry on business and share its profit and...
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CBSE Class 12 Accountancy Accounting For Share Capital Worksheet
AccountancyCompany Account – Accounting For Share Capital 1 Mars Ltd. invited applications for 50,000 shares of `100 each at a premium of `10 per share payable as follows:On Application – `50 per...
View ArticleCBSE Class 12 Accountancy Fundamentals Partnership Worksheet Set A
AccountancyACCOUNTING FOR PARTNERSHIP FIRMS - FUNDAMENTALS 1 R and M, two partners, drew for their personal use Rs 1,20,000 and Rs 80,000. Interest is chargeable @6% p.a. on the drawings. What is the...
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CBSE Class 12 Accountancy Fundamentals Partnership Worksheet Set B
AccountancyACCOUNTING FOR PARTNERSHIP FIRMS -FUNDAMENTALS 1 In a partnership, partners are charged interest on drawings @15% p.a. During the year ended 31st March, 2018, a partner drew as follows. 2...
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AccountancyPartnership- Fundamental ALL questions are Compulsory. I. Following QUESTIONS are of 1 Mark . Q.1 X is a partner who used the stock of the firm worth Rs 10,000 and suffered a loss of Rs...
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CBSE Class 12 Accountancy Fundamentals Partnership Worksheet Set D
AccountancyAccounting for Partnership Firms - Fundamentals Interest on Drawings 1 Mr. A withdrew Rs.1,20,000 p.a @10% p.a. Calculate interest on drawing of Mr. A at the end of the financial year.(Ans....
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CBSE Class 12 Accountancy Fundamentals Worksheet Set A
AccountancyAccounting for PartnershipFirms - Fundamentals 1 In the absence of an agreement profit and loss are divided by partners in the ratio of:(a) Capital(b) Equally(c) Time devoted by each...
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CBSE Class 12 Accountancy Fundamentals Worksheet Set B
AccountancyInterest on Drawings 1 Mr. A withdrew Rs 1, 20,000 p.a. @10% p.a. Calculate interest on drawing of Mr. A at the end of the financial year(Ans Rs 6,000) 2 Mr. B withdrew Rs 1, 20,000 p.a....
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CBSE Class 12 Accountancy Goodwill Nature And Valuation Worksheet Set A
AccountancyGoodwill : Nature & Valuation Reference: Multiple Choice Questions 1 Goodwill is __________(a) Tangible asset(b) Intangible asset( c) Fictitious asset(d) both b & c 2 Goodwill of...
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CBSE Class 12 Accountancy Goodwill Nature And Valuation Worksheet Set B
Accountancy Goodwill : Nature & Valuation 1 Goodwill of a firm is valued at two years’ purchase of average profits of the last five years. The profits are 2017 Rs.80,000; 2016 Rs.60,000; 2015...
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Accountancy Goodwill Valuation I. Following QUESTIONS are of 3 Marks . 1 A business has earned average profits of 100000 during the last few years and the normal rate of return in similar business is...
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CBSE Class 12 Accountancy Issue And Redemption of Debentures Worksheet Set A
AccountancyCompany Account – Issue and Redemption of Debentures 1 Give the meaning of ‘Debentures issued as Collateral Security’. 2 X Ltd. issued 5,000; 10% Debentures of Rs 100 each payable Rs 40 on...
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CBSE Class 12 Accountancy Tools of Analysis Worksheet Set B
AccountancyPlease click on below link to download CBSE Class 12 Accountancy Tools of Analysis Worksheet Set B
View ArticleCBSE Class 12 Accountancy Worksheet Set A Solved
Accountancy1. How does the factor ‘efficiency of management’ affect the Goodwill of a firm? 2. Calculate interest on drawings of Mr. Shyam @ 10% p.a. for the year ended 31st March, 2018 if he withdrew...
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Accountancy1. State any two circumstances, when need for valuation of goodwill of a firm may arise. 2. Calculate interest on drawings of Mr.Soman @ 10%p.a. for the year ended 31st March, 2018 if he...
View ArticleCBSE Class 12 Accountancy Worksheet Set C Solved
Accountancy1. Calculate interest on drawings of Mr. Shyam @ 10% p.a. for the year ended 31st March, 2018 if he withdrew ₹.6,000 in the middle of each quarter. 2. How does the factor ‘efficiency of...
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