Friday, November 16, 2018

CBSE PORTAL : (Download) CBSE Class-12 2016-17 Sample Paper (Accountancy)

CBSE PORTAL : (Download) CBSE Class-12 2016-17 Sample Paper (Accountancy)

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(Download) CBSE Class-12 2016-17 Sample Paper (Accountancy)

Posted: 16 Nov 2018 04:08 AM PST

(Download) CBSE Class-12 2016-17 Sample Paper (Accountancy)

Time allowed – Three hours Maximum Marks: 80

General Instructions:

1) This question paper contains two parts A and B.
2) Part A is compulsory for all.
3) Part B has two options – Financial Statements Analysis and Computerized Accounting.
4) Attempt only one option of Part B.
5) All parts of a question should be attempted at one place.

PART A: ACCOUNTING FOR PARTNERSHIP FIRMS AND COMPANIES

Q1. A, B and C are partners sharing profits and losses in the ratio of 5:3:2. C retired and his capital balance after adjustments regarding reserves, accumulated profits/ losses and gain/loss on revaluation was `2,50,000. C was paid `3,00,000 in full settlement. Afterwards D was admitted for 1/4th share. Calculate the amount of goodwill premium brought by D.

Sol: Goodwill share of C= `3,00,000-`2,50,000= `50,000
Firm's Goodwill = 50,000x10/2= `2,50,000
D's share in Goodwill= `2,50,000x1/4= `62,500

Q2. A and B were partners in a firm. They admitted C as a new partner for 20% share in the profits. After all adjustments regarding general reserve, goodwill, gain or loss on revaluation, the balances in capital accounts of A and B were `3,85,000 and `4,15,000 respectively. C brought proportionate capital so as to give him 20% share in the profits. Calculate the amount of capital to be brought by C.

Sol: Combined capital of A and B = `3,85,000+`4,15,000= `8,00,000
C's share=1/5th of total capital
Remaining share= 1-1/5 =4/5
4/5= `8,00,000
C's capital= `8,00,000x5/4x1/5= `2,00,000

Q3. A and B are partners. The net divisible profit as per Profit and Loss Appropriation A/c is `2,50,000. The total interest on partner's drawing is `4,000. A's salary is `4,000 per quarter and B's salary is `40,000 per annum. Calculate the net profit/loss earned during this year.

Sol. Net Profit during the year=Divisible profits + Salary to partners – Interest on Drawings = 2,50,000+16,000+40,000-4000= `3,02,000

Q4. ABC Ltd. purchased for cancellation its own 5,000, 9% Debentures of `100 each for `95 per debenture.
Brokerage charges `15,000 were incurred. Calculate the amount to be transferred to capital reserve.
Amount paid for 5,000 Debentures=4,75,000+15,000= `4,90,000
The nominal value of debentures to be redeemed/cancelled= `5,00,000
Amount of profit on redemption to be transferred to capital reserve= `5,00,000--`4,90,000= `10,000

Q5. When can shares held by a shareholder be forfeited?

Answer: Shares held by a shareholder can be forfeited for the non-payment of call money due.

Q6. A partnership firm has 50 members. All the partners have agreed to admit Ram and Mohan as new partners. Can Ram and Mohan be admitted? Give reason in support of your answer.

Answer: No, Ram and Mohan can't be admitted as partners.

Reason--- As per the Companies Miscellaneous Rules, 2014 the Maximum number of partners in a partnership firm can be 50.

Q7. Explain with an imaginary example how issue of debenture as collateral security is shown in the balance sheet of a company when it is recorded in the books of accounts.

A Ltd. obtained Loan of 1,00,000 from Indian Bank and issued 1200, 10% Debentures of `100 each as Collateral security. The company recorded the issue of debentures as collateral security by opening 'Debenture Suspense Account.' Present the issue of debentures in the Balance Sheet of the company.

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(Download) CBSE Class-10 2016-17 Sample Paper (Assamese)

Posted: 16 Nov 2018 04:08 AM PST

CBSE Class-10 Exam 2018 : All India Scheme Question Paper-Tamang

Posted: 16 Nov 2018 01:51 AM PST

CBSE Class-10 Exam 2018 : All India Scheme
Question Paper-Tamang

Subject :Tamang

Time allowed : 3 hours

Maximum Marks : 80

General Instructions :

  • Please check that this question paper contains 5 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 8 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. 

The question paper is divided into six section :
Section A :
Reading comprehension : 15 Marks
Section B : (i) Essay Writing 12 Marks
(ii) Letter Writing 08 Marks
(iii) Translation 05 Marks
Section C : Applied Grammar 15 Marks
Section D : Literature 12 Marks
Section E : Poetry 10 Marks
Section F : Play 03 Marks
 

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Courtesy: CBSE

(Download) CBSE: Class XII Bhutia Question Paper - 2018

Posted: 16 Nov 2018 01:50 AM PST

Question Papers For Board Examinations 2018

Class – XII

Subject – Bhutia

Subject :- Bhutia

Class : XII

Year : 2018

General Instructions :

  • Please check that this question paper contains 6 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 14 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.

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Courtesy: CBSE