ferger- i a 3. 4, 5. 6. 1. Soe areas Sy AAT We TT Sample Question Paper for Practice only BRR Tevet Wet —2024 Higher Secondary Examination — 2024 fase — crear Subject Accountancy (Hindi & English Versions) Total Question Total Printed Time ‘Maximum Marks Pages 23 uw 3 hours 80 walt vest set wee aiferaret B1 wea pais 1 8 5 aw avgfers wear Bi ufs aegis 01 sie B1 west & sie wee zeae me FI wea Baie 6 FT 15, velw vest 2 siw, ea elem 30 eee! peat sais 16 BF 19, wee ver 3 sie, eee wht 75 ez wea Baie 20 F 23, weds wea 4 sie, oe elem 120 ee! wea Bae 6 J 23 cH wih A siche faacw B1 dears veal H ere after ar deat ad B1 Instructions- m1 1. All questions are compulsory to solve. 2 Questions no.1 to 5 are objective type questions. Each objective carries 01 mark. Marks of each question are given before the question, Question no. 6 to 15, each question 02 marks, word limit 30 words Question no. 16 to 19, each question 03 marks, word limit 75 words. Question no, 20 to 23, each equation 04 marks, word limit 120 words. 6. Question no. 6 to 23 have internal options. 7. There is no limit of words in numerical questions. ual fresco geez fafa! Select the correct answer of the following, 1x6=6 1. Gaga & ava 4H wer ae Ra wa wT we era Rar wat Be 3h. de uferaf a. se uferat a. ox ufrat =. sxuferant In the absence of agreement, interest is given on loan by the partner- ad% P.A. b5% PLA. €.6% P.A. d.8%P.A, hitps://www.mphoardontine.comw2 2. argent aera Gene fee wiren- at aiferaret & a, thos a. sige: aiftraref & < statagers & Preparation of partnership deed is- a. compulsory b. optional . partly compulsory d.un-necessary 3. aden orengqua 4 uRada uz afer ar faarort dar 8 a. yoga a. ware our a a aqua 7 = tht 3 aqua a At the time of change in profit sharing ratio, the reserve are distributed in- a. previous ratio equal ratio new ratio d. capital ratio 4, eh waa a ania fas A fea offs } arcofa Rear oven- 3 are, ziftrea a, fer ere a. sit dott 3. dee ud sniffer Under which heading of balance sheet is capital reserve shown - a. current liabilities 1b, miscellaneous expenditure c. share capital d. reserve and surplus 5. once weet argue ata aw? he ht Boia z 22 Ideal liquid ratio should be? a2 b.24 eld 22 6. Yes vars fear G cider A ster a Aetiwar waa 3? 3h ASS. a. AS6 a ASA ZAST Cash flow statement is related to which accounting standard ? a, AS-3. b. AS-6 c, AS-1 d. AS-7, Rear zeralt at yRF aera Fill in the blanks 81 1, aed wat or cole .. ‘The registration of partnership firm is hitps://www.mphoardontine.com 1x6=6m3 2. aaa aaa 4 agent or after In partnership, the liability of partner is eat BI 3. wmf Us .. wanted BI Goodwill is an asset. 4. Grafgaier aren we aren 1 Revaluation account is a account. 5. oar afer 2013 & aigare Ref Rawr a sah 3 agar aan at 1 As per Companies Act 2013 the balance sheet is prepared according. to schedule 6. ta four at fas & .. afte a cefer ora &1 Bills payable is shown in the heading of balance sheet. weysracr # stae afore Answer the following in true or false 1x6=6 1, ardent wat HF ardent aifferrt 1986 ay ar 31 ‘The provision of partnership act 1986 is applicable in partnership firm. 2. mrt wits er sist, eat Usare BS aargurd wr sie 1 Gaining ratio is a part of sacrificing partner's ratio. 3. Yerfeaioa erat usaf & ea uz aaa B1 Revaluation account is prepared on sale of assets. 4. BGR Coan 3:2:1 3 aqua # ager 81 Bhrga sar aA car Car aa sigur 3:1 ator A, B, Care partner in the ratio of 3:2:1 respectively, B retires. The new ratio of A &C will be 3:1 5. wa & faueat six ardent & fauer # arg sine adt 21 There is no difference between the dissolution of firm and dissolution of partnership. 6. rer faust at ary weufer ofits a fare ort 31 Bills receivables are shown under the heading of current assets. hitps://www.mpoardontine.comwa wét citgten carga x77 1. Gfaa ie a defra ary 2. aieit ar stert bude a anfirer aét 3. unis afta Brew tgftare afer 4. sHfer srfBreter dwarf ar Beret 5. em Wat uy sierra e. shez yafftrar sir 6. Fa Ustergt fear at srereret 7. moet & ois we wat —g anguits anion h, faecfter faazor Match the columns A B 1. Reserved capital a. Capital gain 2. Redemption of shares b. No right in management 3. Memorandum of association _c. Capital loss 4. Over subscription 4. Winding up of company 5. Premium on debentures e. Redeemable preference shares 6 Debenture holder f. Base of the company 7. Discount on issue of debenture _g, Proportionate allotment h, Financial Statement U5 Ue wa & see df Answer the following in one word. 1x7=7 1. tet war ferrar sift oe vieat acca war 3, sa HT wad BP What is called the capital a/c of which the closing balance changes every year? 2. wale & apse ar seme wT BP What is the basis of valuation of goodwill? 3. ade at Rafa & Reet ve oreo at fares Write one reason for retirement of a partner. 4. an & ware & ore ue arsart w faucet wecrat F? Dissolution of firm due to expiry of time is called? 5. eect & ort at fas S dar AF ofc H fears nen FP In which heading of balance sheet profit of the company shown according to schedule, hitps://www.mppoardontine.comm6 wT m8 m9 6. feet faa far ue aaa af onftle Refer at wae ae art faa ar amy afore | Name the statement which discloses the financial position of a business on a particular date. 1. “meat Fura tes” Ber Th Reensit wr tog ware BP What type of activity of cash flow is receipt of cash from customers? aaah deer J aM sae &? 2 What is partnership deed? fea amert at a fadwant carga Describe two characteristics of partnership. amen & fag & an sneer &? 2 what is meant by retirement of partner? feta A, BaRC 21% agua & omy af faonfoa wet aet user F ay arora argurer a arora wie ae CRgar star Z A, Band C are partners sharing profit in the ratio of 2:1:1. Calculate new profit and loss ratio if ¢ retires. wagid ae wa & faucet F an sneer 7 2 What is meant by dissolution of firm by agreement. fea wa ord & aa Asa ot cach wa a wnaiaha adt fea ora Fe? Name the accounts which are not transferred to the realisation account. aftr dot fea wet 2? 2 What is authorized capital? feta sift area B ora ear wag BI What do you understand by calls in advance? hitps://www.mpboardontine.comw.10 aaa sit at arg a fadtwart agai 2 Mention any two characteristics of equity share. sera sieit ar aaryea uz Roofs A aa sel 3? What is meant by issue of share at par ? ve wauelt J 50,000 water sig 10%. ufa sit at ae a ord Pealeaqef afr ander wa & Ber ura gsi awa ad FH anagem vfafte aiferw | 2 A company issued 50,000 equity share at the rate of Rs. 10 each. Full amount of these shares received with application. Pass necessary journal entry. fea fear Mier ar sueiior Rafer orf & feu fea or wea FP (@g a) For what purpose the security premium can be used? (any two) aie & ser F one an wast BP 2 What do you understand by forfeiture of share? tera an sem foal oe sit aeé uz gaiinteia feat on wad Be aff af ar Rew aye uz? Can forfeited share be re issued at discount? if so, at what price? ara fares a acre J 90,0008. at weft aitA, ferrer arava 100 B wet 11% FET UTD feroferay are fsa oa sage atest at piafte ante 2 Bharat limited purchased a machinery from Bajaj for Rs. 90,000 purchase consideration is paid by issuing 11% debenture Rs. 100 each Give necessary journal entry, 3tera URacaefter am ws aT oP What are convertible debentures? hitps://www.mppoardontine.comwa wis fret yeensit A ar waa squid sid anferds 2 siergpit 1,00,0008, ara tar 40,0003. 11% SRO 70,0008. From the following information calculate the debt equity ratio. Share capital Rs, 1,00,000 General reserve Rs. 40,000 11% debenture Rs. 70,000 fea argue feeder & at sucht wergh State any two uses of ratio analysis, Yes ger & aa sie F? 2 What is meant by cash equivalent. feta area feensii A aa snes 3? What is meant by operating activities? p. Qa Rio af & ve aR 4 user 21 a wart aqua J creer diet 81 31 fare 2022 BH A wena gu fe 1 aah 2023 & garner & wren Ro1/5 oar Son) age wea B Re wey Bl AT 6.0008, a ater vfafte Aerts 3 P,Q, R have been in business for ten years. They have shared profit-loss equally. On 31* Dec. 2022 they agree that R will take a 1/5 share of profits from 1 January 2023, because of old age. Partners agree that the goodwill should be valued at Rs 6,000. Give journal entry. sera ware arat ud sifrenat Hf siaz aargus Write difference between normal profit and super profit. hitps://www.mphoardontine.comW17 a aga a ata A wae siffrer ura sa FP What are the main rights acquired by a new partner? arerar sift a age ager & ot wag: Fa 2d sigur A ore Renieer aa Si sar freer sa veHrR B- 3.2 Ankit and Rahul are partners sharing profit in the ratio of = and = respectively, Their balance sheet is as follows: ager Balance Sheet aified Liabilities Amount ‘waufeed Assets Amount aaa Creditors 25,000 | aes Cash 5,000 tot wre Capital A/c 1,15,000 | az Debtor 25,000 sifeet Ankit - 80,000 Were-WaA Reserve 5,000 20,000 WEF Rahul-35,000 FEAT Stock 35,000 ‘at Machinery 45,000 eet Building 35,000 1,40,000 1,40,000 sedi srart at ferser feRact erdf uz argent & yaer fee 1, adel BI Fest 15,0008. A agra FI 2. at Bi FET 10,0008, F aaa V1 3. HHA 20,0008. wate & tori 4, sara iat Aoray rer wea B fer ware Yor Ra referer rar wars They admitted Aman into partnership on the following terms: i The value of building to be increased by Rs. 15,000 ii, The value of plant to be increased by Rs. 10,000 iii, Aman will give Rs. 20,000 as premium for goodwill iv, Aman will bring sufficient capital for getting = share in the profit. Prepare revaluation a/c. hitps://www.mpgoardontine.comwis tom fas + 100%. Te 4,000 6% aT ua Prffera fet) ondcar Ut We 10%. aided We 308 en area we 60s. uf wT at ae a uRr aoarg1 weft uBref ser weer ure a ag) wea a qerat F oda & aa afer 3 Sanjay Ltd, issued 4,000, 6% debentures of Rs. 100 each, payable Rs. 10 on application, Rs. 30 on allotment and Rs. 60 per debenture on call. Assuming that all the moneys were duly received. Draw up necessary journal entries in the books of the company, ‘rear sigt ud aavr war Hf slag ee afore Make difference between share and debentures? W.19 Ve weet S feds S waar ud afer var at siz freer faa Hel or ary fibai-feoet ofitat a aaffeg west 3 1. ef sheet ater 2. ROU aileray TT 3. FET OH 4. ta fous How would you classify the following items in equity and liability of a company’s balance sheet? i, Capital redemption fund ii, Debenture sinking fund iii, Debenture iv. Bills payable tera faceter faedtror ait fafreat cepeftest ar avfer atfere Is ate) Describe the different techniques of financial analysis. (any three) 20 wer sty Wer s:3 3 agua HF ono Romane wat gu ue wt HF ager #1 sac tet wae: 3,00,000% wd 2,00,000% efi aent vce F wan & 4 1. det ue coor 1 2%aife &t a a Breen acl 2. Ge B ge ama w 5% salterat Pree afec) af a oar 1,23,000 %&. em! qraterfer fervor wat aatgvt hitps://www.mpgoardontine.comw21 v.22 Mahesh and Ramesh were partners in a firm sharing profits in the ratio of 5:3. Their capitals were Rs. 3,00,000 and Rs. 2,00,000 respectively. The partnership deed provided that: i, Interest on capital should be allowed @12% per annum. ii, A commission of 5% of net profit should be allowed to Ramesh. The profit for the year was Rs. 1,23,000. Prepare profit and loss appropriation account. Fea wart Yoh emer vd ufadasfter Yet een a siaz argv Differentiate between fixed capital a/c and fluctuating capital a/c. zara, 31 anf 2010at wal & ger & oem ga Ra sab doh wre @ MV 20,0008. ai we waren at orl fe seer apr 5,0008 a aie fect # fer craton aret afr we sxemet sora aI! weet feed 31 arf 2020 a & ag eft site sroneft yorarea uf af a1 ard ey fed oti wal G yeaal Haat wr a wren zeta 4 Rajat a partner in a firm retired on 31*' March 2019. On that day the balance of his capital account was Rs. 20,000. It is arranged that this will be paid by annual installment of Rs. 5000 each interest being charged on the outstanding balance at 5%. The first installment on 31% march 2020 and subsequent payments were made on 31 march each year show Rajat’s loan A/c in the books of the firm. 3tera fae ade ah ta af & goa A After eet Gt weer! Discuss the different methods of payments of amount due to a retired partner. Ue art J 3000 Baar sit 10 & ae 20 wftera wif oe feraffera feoe1 arqot fora ure 200 sist a, A am vfs sir at ae F aia arrar a aPr ar aprarat aét Piso sie sad sist an mer we fern rer watt afta sie at 12m ofa sir at az a ya Pie we fren wen eer a sad ya: Prof Y wcifra ofafteet afew 4 hitps://www.mappardontine.comw.23 A company issued 3000 equity shares of Rs. 10 each at a premium of 20%. The final call of Rs. 3 was not paid by Anuj who holds 200 shares and his shares were forfeited. All forfeited shares were reissued at Rs. 12 per share. Journalise the forfeiture and reissue of shares. area altar sist & ret verdt @ aarersa1 Explain the various types of preference shares. frsafeaat aaensit & facie feensit A tees vars at ore aifere— From the following information calculate cash flow statement from financing activities. 4 s ‘rf areffer FROT-Long term Loans (1.4.2022) 3,00,000 ‘Sef aorefler FHT -Long term loans (31.3.2023) 3,75,000 av & daa aeret 4 1,50,000 & & aa ar garaforanat fer! During the year the company repaid a loan of Rs. 1,50,000. sire eg vars fra a etene sansa Explain the limitation of cash flow statement. hitps://www.maoardontine.com