CBSE Class 12 Accountancy 2024
630 questions · 1500 marks · every one with the board’s own marking-scheme answer.
What 2024 actually asked, chapter by chapter
Marks we counted in the 2024 papers themselves. CBSE allocates marks per unit, not per chapter — this is what was observed, not an official CBSE weightage.
| Chapter | Marks | Share |
|---|---|---|
| Accounting for Share Capital90 questions | 216 | 14.4% |
| Reconstitution of a Partnership Firm – Admission of a Partner88 questions | 205 | 13.7% |
| Issue and Redemption of Debentures51 questions | 150 | 10.0% |
| Spreadsheet43 questions | 144 | 9.6% |
| Reconstitution of a Partnership Firm – Retirement/Death of a Partner42 questions | 117 | 7.8% |
| Cash Flow Statement43 questions | 113 | 7.5% |
| Accounting for Partnership: Basic Concepts86 questions | 110 | 7.3% |
| Dissolution of Partnership Firm33 questions | 102 | 6.8% |
| Overview of Computerised Accounting System48 questions | 90 | 6.0% |
| Analysis of Financial Statements30 questions | 75 | 5.0% |
| Accounting Ratios32 questions | 67 | 4.5% |
| Graphs and Charts for Business Data26 questions | 54 | 3.6% |
| Financial Statements of a Company15 questions | 45 | 3.0% |
| Using Computerised Accounting System3 questions | 12 | 0.8% |
All 630 questions from 2024
- Q1If a share of ₹ 100 on which ₹ 70 has been paid is forfeited, then at which minimum price can it be re-issued? OR If a…1 mk
- Q1Assertion: In partnership firm, the private assets of the partners can also be used to pay off the firm's debts. Reason…1 mk
- Q1Atul, Beena and Sita were partners in a firm sharing profits and losses in the ratio of 8: 7: 5. Damini was admitted as…1 mk
- Q1A partnership firm has 45 partners. It wants to admit 7 more partners into partnership. Only more partners can be…1 mk
- Q1Ridhima and Kavita were partners sharing profits and losses in the ratio of 3: 2. Their fixed capitals were ₹ 1,50,000…1 mk
- Q1Dan, Elf and Furhan were partners in a firm sharing profits in the ratio of 5: 3: 2. With effect from 1st April, 2023,…1 mk
- Q1Assertion: When the shares are forfeited, share capital account is debited with the amount called up and credited to…1 mk
- Q1Arnav Ltd. purchased assets worth ₹ 24,00,000. It issued 9% debentures of ₹ 100 each at a discount of 4% for payment of…1 mk
- Q1Alfa Ltd. offered for public subscription 50,000 equity shares of ₹ 10 each at ₹ 110 per share. The entire amount was…1 mk
- Q1Bhim, Arjun and Nakul were partners in a firm sharing profits and losses in the ratio of 4: 3: 3. With effect from 1st…1 mk
- Q1Assertion: In a partnership firm, at the time of admission, the new partner brings in an agreed amount of capital…1 mk
- Q1Kanha, Resham and Nisha were partners in a firm. Nisha had given a loan of ₹ 1,00,000 to the firm @ 10% p.a. The…1 mk
- Q1Shrikant and Ajay were partners in a firm sharing profits and losses in the ratio of 5: 3. Shrikant withdrew ₹ 10,000…1 mk
- Q1Piyush, Rajesh and Avinash were partners in a firm sharing profits and losses equally. Shiva was admitted as a new…1 mk
- Q1If vendors are issued fully paid shares of ₹ 1,25,000 in purchase consideration of net assets of ₹ 1,50,000, the…1 mk
- Q2Money received in advance from shareholders before it is actually called up by the directors is: OR An offer of…1 mk
- Q2Seema and Laksh were partners in a firm sharing profits and losses in the ratio of 2: 1. Their capitals were ₹ 2,00,000…1 mk
- Q2Which of the following items cannot be recorded in the capital account of partners if the capital accounts of partners…1 mk
- Q2Lexa Ltd. issued 50,000 equity shares of ₹ 10 each at a premium of ₹ 2 per share. The amount was payable as follows: On…1 mk
- Q2Riva, Rita and Renu were partners in a firm. On 31st March, 2023 Renu retired. The amount payable to Renu ₹ 2,17,000…1 mk
- Q2Kew al Ltd. purchased sundry assets from Ganpati Ltd. for ₹ 28,60,000. The amount was paid by issuing fully paid shares…1 mk
- Q2Gupta and Sharma are partners in a firm sharing profit in the ratio of 4:1. They admitted Preeti as a new partner for…1 mk
- Q2Abhay, Boris and Chetan were partners in a firm sharing profits in the ratio of 5: 3: 2. Boris was guaranteed a profit…1 mk
- Q2Minimum subscription for allotment of shares as per Securities and Exchange Board of India (SEBI) guidelines cannot be…1 mk
- Q2Assertion: Securities Premium cannot be utilized for writing off loss on sale of a fixed asset. Reason (R): Securities…1 mk
- Q2Alex, Benn and Cole were partners in a firm sharing profits and losses in 1th the ratio of 5: 3: 2. They admitted Dona…1 mk
- Q2A, B and C were partners in a firm sharing profits and losses in the ratio 1 1 1... 1th of -: -: -. D was admitted in…1 mk
- Q2Misha Ltd. issued 6,000, 8% Debentures of ₹ 100 each at ₹ 96 per debenture. 8% Debentures Account will be credited by:1 mk
- Q2At the time of dissolution of a firm, the total assets were ₹ 6,00,000 and outside liabilities were ₹ 2,40,000. If…1 mk
- Q2Gupta and Sharma are partners in a firm sharing profit in the ratio of 4:1. They admitted Preeti as a new partner for…1 mk
- Q3Aditi, Sukriti and Niti were partners sharing profits in the ratio of 2 1 2: 1. Sukriti died on 30th June, 2023. Net…1 mk
- Q3On the dissolution of a partnership firm there were debtors of ₹ 34,000. Debtors of ₹ 1,000 became bad and 60% was…1 mk
- Q3Assertion: Interest on bearer debentures is paid to a person who produces the interest coupon attached to such…1 mk
- Q3Ashu and Basu are partners sharing profits and losses in the ratio of 1th 2: 1. Chetan is admitted as a new partner…1 mk
- Q3Lata, Mehu and Namita were partners in a firm sharing profits and losses in the ratio of 3: 2: 1. They decided to…1 mk
- Q3Aditya, Vishesh and Nimesh were partners in a firm sharing profits and losses equally. Aditya died on 1st July, 2023.…1 mk
- Q3Aavya, Mitansh and Praveen were partners in a firm. On 31st March, 2023, the firm was dissolved. Creditors took over…1 mk
- Q3Kew al Ltd. purchased sundry assets from Ganpati Ltd. for ₹ 28,60,000. The amount was paid by issuing fully paid shares…1 mk
- Q3Bhim, Arjun and Nakul were partners in a firm sharing profits and losses in the ratio of 4: 3: 3. With effect from 1st…1 mk
- Q3If all the forfeited shares are reissued, the balance, if any, left in the Forfeited Shares Account is transferred to:…1 mk
- Q3Aavya, Mitansh and Praveen were partners in a firm. On 31st March, 2023, the firm was dissolved. Creditors took over…1 mk
- Q3Alfa Ltd. offered for public subscription 50,000 equity shares of ₹ 10 each at ₹ 110 per share. The entire amount was…1 mk
- Q3Assertion: The court does not intervene when dissolution of partnership takes place. Reason (R): Dissolution of…1 mk
- Q3Xeno Ltd. issued 25,000 equity shares of ₹ 10 each. The amount was payable as follows: On Application ₹ 4 per share On…1 mk
- Q3KLB Ltd. forfeited 3,000 shares of 10 each, ₹ 8 per share called up for non-payment of first call of ₹ 2 per share. All…1 mk
- Q4Atul, Beena and Sita were partners in a firm sharing profits and losses in the ratio of 8: 7: 5. Damini was admitted as…1 mk
- Q4The debentures which do not carry a specific rate of interest are called:1 mk
- Q4Assertion: In partnership firm, the private assets of the partners can also be used to pay off the firm's debts. Reason…1 mk
- Q4Nominal/Authorised share capital is: OR The debentures which do not have a specific charge on the assets of the company…1 mk
- Q4Lexa Ltd. issued 50,000 equity shares of ₹ 10 each at a premium of ₹ 2 per share. The amount was payable as follows: On…1 mk
- Q4Sarita Ltd. forfeited 100 shares of ₹ 10 each, ₹ 8 called up issued at a premium of ₹ 2 per share to Ramesh for…1 mk
- Q4Piyush, Rajesh and Avinash were partners in a firm sharing profits and losses equally. Shiva was admitted as a new…1 mk
- Q4Manas and Ranvir are partners in a firm having capital balances of ₹ 1,20,000 and ₹ 80,000 respectively. Sanju is…1 mk
- Q4On 1st January, 2023, Abhishek, a partner, advanced a loan of ₹ 3,00,000 to the firm. In the absence of a partnership…1 mk
- Q4Aarav Ltd. issued 10,000, 9% debentures of ₹ 100 each at a premium of 50/1, redeemable at a premium of 10%. Loss on…1 mk
- Q4Geeta and Hari were partners in a firm sharing profits and losses in the 1th ratio of 3: 2. Krish was admitted as a new…1 mk
- Q4Vishnu and Mishu are partners in a firm. Mishu draws a fixed amount at the end of every quarter. Interest on drawings…1 mk
- Q4If vendors are issued fully paid shares of ₹ 1,25,000 in purchase consideration of net assets of ₹ 1,50,000, the…1 mk
- Q4Atul, Beena and Sita were partners in a firm sharing profits and losses in the ratio of 8: 7: 5. Damini was admitted as…1 mk
- Q4Vishant Ltd. invited applications for issuing 6,000 equity shares of ₹ 10 each at 10% premium. The issue was fully…1 mk
- Q5Alex, Benn and Cole were partners in a firm sharing profits and losses in 1th the ratio of 5: 3: 2. They admitted Dona…1 mk
- Q5Vishant Ltd. invited applications for issuing 6,000 equity shares of ₹ 10 each at 10% premium. The issue was fully…1 mk
- Q5Keshav and Hitesh are partners sharing profits and losses in the ratio of 3: 2. On 31st March, 2023 after division of…1 mk
- Q5Kishore and Bimal are partners in a firm sharing profits and losses in the ratio of 4: 3. Nand is admitted as a new…1 mk
- Q5On 1st January, 2023, Abhishek, a partner, advanced a loan of ₹ 3,00,000 to the firm. In the absence of a partnership…1 mk
- Q5Manu, Sonu and Rahul were partners in a firm sharing profits and losses in the ratio of 4: 3: 2. With effect from 1st…1 mk
- Q5Minimum subscription for allotment of shares as per Securities and Exchange Board of India (SEBI) guidelines cannot be…1 mk
- Q5Bhim, Arjun and Nakul were partners in a firm sharing profits and losses in the ratio of 4: 3: 3. With effect from 1st…1 mk
- Q5Ridhima and Kavita were partners sharing profits and losses in the ratio of 3: 2. Their fixed capitals were ₹ 1,50,000…1 mk
- Q5Riva, Rita and Renu were partners in a firm. On 31st March, 2023 Renu retired. The amount payable to Renu ₹ 2,17,000…1 mk
- Q5Ridhima and Kavita were partners sharing profits and losses in the ratio of 3: 2. Their fixed capitals were ₹ 1,50,000…1 mk
- Q5Assertion: Under the fixed capital method, partners' capital accounts always show a credit balance. Reason (R): Under…1 mk
- Q5Abhay, Boris and Chetan were partners in a firm sharing profits in the ratio of 5: 3: 2. Boris was guaranteed a profit…1 mk
- Q5Alfa Ltd. invited applications for 50,000 equity shares of ₹ 10 each at a premium of 30%. The whole amount was payable…1 mk
- Q5The debentures which do not carry a specific rate of interest are called:1 mk
- Q6Maharaja Ltd. took over assets of ₹ 15,00,000 and liabilities of ₹ 2,00,000 of Dolphin Ltd. for an agreed purchase…1 mk
- Q6On dissolution of a partnership firm, if realisation expenses are paid by the firm on behalf of a partner, then such…1 mk
- Q6Keshav and Hitesh are partners sharing profits and losses in the ratio of 3: 2. On 31st March, 2023 after division of…1 mk
- Q6Assertion: Each partner is a principal as well as an agent for all the other partners. Reason (R): As per the…1 mk
- Q6As per the provisions of Companies Act, 2013 Securities Premium cannot be utilized for:1 mk
- Q6Assertion: The court does not intervene when dissolution of partnership takes place. Reason (R): Dissolution of…1 mk
- Q6Assertion: Partner cur Q' 1-ent accounts maintained under ' Fixed Capital Method may show a debit or a credit balance.…1 mk
- Q6As per the provisions of Companies Act, 2013 Securities Premium cannot be utilized for 11 mk
- Q6Assertion: Irredeemable debentures are also known as perpetual debentures. Reason (R): The company does not give any…1 mk
- Q6Assertion: When the shares are forfeited, share capital account is debited with the amount called up and credited to…1 mk
- Q6Aarav Ltd. issued 10,000, 9% debentures of ₹ 100 each at a premium of 50/, redeemable at a premium of 10%. Loss on…1 mk
- Q6At the time of dissolution of a firm, the total assets were ₹ 6,00,000 and outside liabilities were ₹ 2,40,000. If…1 mk
- Q6Assertion: Each partner is a principal as well as an agent for all the other partners. Reason (R): As per the…1 mk
- Q6KLB Ltd. forfeited 3,000 shares of 10 each, ₹ 8 per share called up for non-payment of first call of ₹ 2 per share. All…1 mk
- Q6Vanya and Aanya were partners in a firm sharing profit and losses in the ratio of 3:2. Their capital were ₹ 5,00,000…1 mk
- Q7On 1st April, 2022, Mega Ltd. issued 30,000, 10% Debentures of ₹ 100 each at a discount of 10%. The total amount of…1 mk
- Q7Abha and Babita were partners in a clay toy making firm sharing profits in the ratio of 2: 1. On 1st April, 2023, their…1 mk
- Q7Vishant Ltd. invited applications for issuing 6,000 equity shares of ₹ 10 each at 10% premium. The issue was fully…1 mk
- Q7Isha and Manish were partners in a firm sharing profits and losses in the ratio of 3: 2. With effect from 1st April,…1 mk
- Q7Abha and Babita were partners in a clay toy making firm sharing profits in the ratio of 2: 1. On 1st April, 2023, their…1 mk
- Q7Assertion: Securities Premium cannot be utilized for writing off loss on sale of a fixed asset. Reason (R): Securities…1 mk
- Q7Richa, Sheena and Tapti were partners in a firm sharing profits and losses in the ratio of 3: 2: 1. The partnership…1 mk
- Q7Which one of the following items is not dealt through Profit and Loss Appropriation Account? OR At the time of…1 mk
- Q7Richa, Sheena and Tapti were partners in a firm sharing profits and losses in the ratio of 3: 2: 1. The partnership…1 mk
- Q7Nominal/Authorised share capital is: OR The debentures which do not have a specific charge on the assets of the company…1 mk
- Q7Richa, Sheena and Tapti were partners in a firm sharing profits and losses in the ratio of 3: 2: 1. The partnership…1 mk
- Q7Assertion: Interest on bearer debentures is paid to a person who produces the interest coupon attached to such…1 mk
- Q7Abha and Babita were partners in a clay toy making firm sharing profits in the ratio of 2: 1. On 1st April, 2023, their…1 mk
- Q7Misha Ltd. issued 6,000, 8% Debentures of ₹ 100 each at ₹ 96 per debenture. 8% Debentures Account will be credited by:1 mk
- Q7Isha and Manish were partners in a firm sharing profits and losses in the ratio of 3: 2. With effect from 1st April,…1 mk
- Q8Richa, Sheena and Tapti were partners in a firm sharing profits and losses in the ratio of 3: 2: 1. The partnership…1 mk
- Q8Abha and Babita were partners in a clay toy making firm sharing profits in the ratio of 2: 1. On 1st April, 2023, their…1 mk
- Q8Arnav Ltd. purchased assets worth ₹ 24,00,000. It issued 9% debentures of ₹ 100 each at a discount of 4% for payment of…1 mk
- Q8Abha and Babita were partners in a clay toy making firm sharing profits in the ratio of 2: 1. On 1st April, 2023, their…1 mk
- Q8Abha and Babita were partners in a clay toy making firm sharing profits in the ratio of 2: 1. On 1st April, 2023, their…1 mk
- Q8Richa, Sheena and Tapti were partners in a firm sharing profits and losses in the ratio of 3: 2: 1. The partnership…1 mk
- Q8Kriti, Hina and Nidhi were partners sharing profits in the ratio of 3: 2: 1. Nidhi retired. On the date of her…1 mk
- Q8Kishore and Bimal are partners in a firm sharing profits and losses in the ratio of 4: 3. Nand is admitted as a new…1 mk
- Q8Aditya, Vishesh and Nimesh were partners in a firm sharing profits and losses equally. Aditya died on 1st July, 2023.…1 mk
- Q8Aarav Ltd. issued 10,000, 9% debentures of ₹ 100 each at a premium of 50/1, redeemable at a premium of 10%. Loss on…1 mk
- Q8Ashu and Basu are partners sharing profits and losses in the ratio of 1th 2: 1. Chetan is admitted as a new partner…1 mk
- Q8Which one of the following items is not dealt through Profit and Loss Appropriation Account? OR At the time of…1 mk
- Q8Richa, Sheena and Tapti were partners in a firm sharing profits and losses in the ratio of 3: 2: 1. The partnership…1 mk
- Q8If a share of ₹ 100 on which ₹ 70 has been paid is forfeited, then at which minimum price can it be re-issued? OR If a…1 mk
- Q8Maki, Ruhi and Ginni are partners in a firm sharing profits and losses in the ratio of 6: 4: 1. Maki guaranteed a…1 mk
- Q9Alfa Ltd. offered for public subscription 50,000 equity shares of ₹ 10 each at ₹ 110 per share. The entire amount was…1 mk
- Q9Dan, Elf and Furhan were partners in a firm sharing profits in the ratio of 5: 3: 2. With effect from 1st April, 2023,…1 mk
- Q9If a share of ₹ 100 on which ₹ 70 has been paid is forfeited, then at which minimum price can it be re-issued? OR If a…1 mk
- Q9Nicku, Mala and Ritu were partners in a firm sharing profits in the ratio of 5: 3: 2. Nicku died on 30th September,…1 mk
- Q9Gupta and Sharma are partners in a firm sharing profit in the ratio of 4:1. They admitted Preeti as a new partner for…1 mk
- Q9Hema and Tara were partners in a firm sharing profits and losses in the ratio of 2: 3. They admitted Ojas as a new…1 mk
- Q9On dissolution of a partnership firm, if realisation expenses are paid by the firm on behalf of a partner, then such…1 mk
- Q9Riya, Rita and Renu were partners in a firm. On 31st March, 2023 Renu retired. The amount payable to Renu ₹ 2,17,000…1 mk
- Q9Vishnu and Mishu are partners in a firm. Mishu draws a fixed amount at the end of every quarter. Interest on drawings…1 mk
- Q9Abhay, Boris and Chetan were partners in a firm sharing profits in the ratio of 5: 3: 2. Boris was guaranteed a profit…1 mk
- Q9Assertion: The court does not intervene when dissolution of partnership takes place. Reason (R): Dissolution of…1 mk
- Q9Kriti, Hina and Nidhi were partners sharing profits in the ratio of 3: 2: 1. Nidhi retired. On the date of her…1 mk
- Q9On 1st April, 2022, Mega Ltd. issued 30,000, 10% Debentures of ₹ 100 each at a discount of 10%. The total amount of…1 mk
- Q9Alfa Ltd. invited applications for 50,000 equity shares of ₹ 10 each at a premium of 30%. The whole amount was payable…1 mk
- Q9Sarita Ltd. forfeited 100 shares of ₹ 10 each, ₹ 8 called up issued at a premium of ₹ 2 per share to Ramesh for…1 mk
- Q10Aditi and Saurabh were partners in a firm sharing profits and losses in the ratio of 2:1. On 1st April, 2022 their…1 mk
- Q10On 1st April, 2022, Mega Ltd. issued 30,000, 10% Debentures of ₹ 100 each at a discount of 10%. The total amount of…1 mk
- Q10Piyush, Rajesh and Avinash were partners in a firm sharing profits and losses equally. Shiva was admitted as a new…1 mk
- Q10Manas and Ranvir are partners in a firm having capital balances of ₹ 1,20,000 and ₹ 80,000 respectively. Sanju is…1 mk
- Q10Assertion: Securities Premium cannot be utilized for writing off loss on sale of a fixed asset. Reason (R): Securities…1 mk
- Q10Lata, Mehu and Namita were partners in a firm sharing profits and losses in the ratio of 3: 2: 1. They decided to…1 mk
- Q10Shrikant and Ajay were partners in a firm sharing profits and losses in the ratio of 5: 3. Shrikant withdrew ₹ 10,000…1 mk
- Q10Assertion: In partnership firm, the private assets of the partners can also be used to pay off the firm's debts. Reason…1 mk
- Q10Assertion: When the shares are forfeited, share capital account is debited with the amount called up and credited to…1 mk
- Q10Reserve capital is that part of capital which cannot be called except at the time of winding up of the company.1 mk
- Q10Keshav and Hitesh are partners sharing profits and losses in the ratio of 3: 2. On 31st March, 2023 after division of…1 mk
- Q10Aditi and Saurabh were partners in a firm sharing profits and losses in the ratio of 211. On 1st April, 2022 their…1 mk
- Q10A share of ₹ 100 on which ₹ 80 is received is forfeited for non-payment of final call of ₹ 20. The minimum price at…1 mk
- Q10Maharaja Ltd. took over assets of ₹ 15,00,000 and liabilities of ₹ 2,00,000 of Dolphin Ltd. for an agreed purchase…1 mk
- Q10Aditi and Saurabh were partners in a firm sharing profits and losses in the ratio of 2:1. On 1st April, 2022 their…1 mk
- Q11Nicku, Mala and Ritu were partners in a firm sharing profits in the ratio of 5: 3: 2. Nicku died on 30th September,…1 mk
- Q11Aditi and Saurabh were partners in a firm sharing profits and losses in the ratio of 2:1. On 1st April, 2022 their…1 mk
- Q11Aditi, Sukriti and Niti were partners sharing profits in the ratio of 2: 2: 1. Sukriti died on 30th June, 2023. Net…1 mk
- Q11Hema and Tara were partners in a firm sharing profits and losses in the ratio of 2: 3. They admitted Ojas as a new…1 mk
- Q11At the time of dissolution of a firm, the total assets were ₹ 6,00,000 and outside liabilities were ₹ 2,40,000. If…1 mk
- Q11Aditi and Saurabh were partners in a firm sharing profits and losses in the ratio of 211. On 1st April, 2022 their…1 mk
- Q11Lexa Ltd. issued 50,000 equity shares of ₹ 10 each at a premium of ₹ 2 per share. The amount was payable as follows: On…1 mk
- Q11Misha Ltd. issued 6,000, 8% Debentures of ₹ 100 each at ₹ 96 per debenture. 8% Debentures Account will be credited by:1 mk
- Q11Xeno Ltd. issued 25,000 equity shares of ₹ 10 each. The amount was payable as follows: On Application ₹ 4 per share On…1 mk
- Q11Assertion: Each partner is a principal as well as an agent for all the other partners. Reason (R): As per the…1 mk
- Q11Maki, Ruhi and Ginni are partners in a firm sharing profits and losses in the ratio of 6: 4: 1. Maki guaranteed a…1 mk
- Q11Aditi and Saurabh were partners in a firm sharing profits and losses in the ratio of 2:1. On 1st April, 2022 their…1 mk
- Q11Anju, Divya and Bobby were partners in a firm sharing profits and losses in the ratio of 3: 2: 1. Bobby retired. The…1 mk
- Q11Which of the following items cannot be recorded in the capital account of partners if the capital accounts of partners…1 mk
- Q11Keshav and Hitesh are partners sharing profits and losses in the ratio of 3: 2. On 31st March, 2023 after division of…1 mk
- Q12Keshav and Hitesh are partners sharing profits and losses in the ratio of 3: 2. On 31st March, 2023 after division of…1 mk
- Q12A partnership firm has 45 partners. It wants to admit 7 more partners into partnership. Only more partners can be…1 mk
- Q12Assertion: Under the fixed capital method, partners' capital accounts always show a credit balance. Reason (R): Under…1 mk
- Q12Assertion: Irredeemable debentures are also known as perpetual debentures. Reason (R): The company does not give any…1 mk
- Q12Kew al Ltd. purchased sundry assets from Ganpati Ltd. for ₹ 28,60,000. The amount was paid by issuing fully paid shares…1 mk
- Q12Lata, Mehu and Namita were partners in a firm sharing profits and losses in the ratio of 3: 2: 1. They decided to…1 mk
- Q12Minimum subscription for allotment of shares as per Securities and Exchange Board of India (SEBI) guidelines cannot be…1 mk
- Q12Shrikant and Ajay were partners in a firm sharing profits and losses in the ratio of 5: 3. Shrikant withdrew ₹ 10,000…1 mk
- Q12Nominal/Authorised share capital is: OR The debentures which do not have a specific charge on the assets of the company…1 mk
- Q12Vishnu and Mishu are partners in a firm. Mishu draws a fixed amount at the end of every quarter. Interest on drawings…1 mk
- Q12Reserve capital is that part of capital which cannot be called except at the time of winding up of the company.1 mk
- Q12Which of the following items cannot be recorded in the capital account of partners if the capital accounts of partners…1 mk
- Q12Assertion: In a partnership firm, at the time of admission, the new partner brings in an agreed amount of capital…1 mk
- Q12Alfa Ltd. invited applications for 50,000 equity shares of ₹ 10 each at a premium of 30%. The whole amount was payable…1 mk
- Q12Vanya and Aanya were partners in a firm sharing profit and losses in the ratio of 3:2. Their capital were ₹ 5,00,000…1 mk
- Q13On 1st January, 2023, Abhishek, a partner, advanced a loan of ₹ 3,00,000 to the firm. In the absence of a partnership…1 mk
- Q13Seema and Laksh were partners in a firm sharing profits and losses in the ratio of 2: 1. Their capitals were ₹ 2,00,000…1 mk
- Q13KLB Ltd. forfeited 3,000 shares of 10 each, ₹ 8 per share called up for non-payment of first call of ₹ 2 per share. All…1 mk
- Q13Manu, Sonu and Rahul were partners in a firm sharing profits and losses in the ratio of 4: 3: 2. With effect from 1st…1 mk
- Q13On the dissolution of a partnership firm there were debtors of ₹ 34,000. Debtors of ₹ 1,000 became bad and 60% was…1 mk
- Q13Money received in advance from shareholders before it is actually called up by the directors is: OR An offer of…1 mk
- Q13Keshav and Hitesh are partners sharing profits and losses in the ratio of 3: 2. On 31st March, 2023 after division of…1 mk
- Q13Kanha, Resham and Nisha were partners in a firm. Nisha had given a loan of ₹ 1,00,000 to the firm @ 10% p.a. The…1 mk
- Q13A share of ₹ 100 on which ₹ 80 is received is forfeited for non-payment of final call of ₹ 20. The minimum price at…1 mk
- Q13Vanya and Aanya were partners in a firm sharing profit and losses in the ratio of 3:2. Their capital were ₹ 5,00,000…1 mk
- Q13Manas and Ranvir are partners in a firm having capital balances of ₹ 1,20,000 and ₹ 80,000 respectively. Sanju is…1 mk
- Q13Sarita Ltd. forfeited 100 shares of ₹ 10 each, ₹ 8 called up issued at a premium of ₹ 2 per share to Ramesh for…1 mk
- Q13Xeno Ltd. issued 25,000 equity shares of ₹ 10 each. The amount was payable as follows: On Application ₹ 4 per share On…1 mk
- Q13Maharaja Ltd. took over assets of ₹ 15,00,000 and liabilities of ₹ 2,00,000 of Dolphin Ltd. for an agreed purchase…1 mk
- Q13Kriti, Hina and Nidhi were partners sharing profits in the ratio of 3: 2: 1. Nidhi retired. On the date of her…1 mk
- Q14On the dissolution of a partnership firm there were debtors of ₹ 34,000. Debtors of ₹ 1,000 became bad and 60% was…1 mk
- Q14A, B and C were partners in a firm sharing profits and losses in the ratio 111... 1th.. of -: -: -. D was admitted in…1 mk
- Q14Anju, Divya and Bobby were partners in a firm sharing profits and losses in the ratio of 3: 2: 1. Bobby retired. The…1 mk
- Q14Assertion: Interest on bearer debentures is paid to a person who produces the interest coupon attached to such…1 mk
- Q14Reserve capital is that part of capital which cannot be called except at the time of winding up of the company.1 mk
- Q14Vivek and Nisha were partners in a firm sharing profits and losses in the ratio of 3: 2. On 1st April, 2022, their…1 mk
- Q14A partnership firm has 45 partners. It wants to admit 7 more partners into partnership. Only more partners can be…1 mk
- Q14Vivek and Nisha were partners in a firm sharing profits and losses in the ratio of 3: 2. On 1st April, 2022, their…1 mk
- Q14Assertion: Partners' current accounts maintained under 'Fixed Capital Method' may show a debit or a credit balance.…1 mk
- Q14Isha and Manish were partners in a firm sharing profits and losses in the ratio of 3: 2. With effect from 1st April,…1 mk
- Q14The debentures which do not carry a specific rate of interest are called:1 mk
- Q14A share of ₹ 100 on which ₹ 80 is received is forfeited for non-payment of final call of ₹ 20. The minimum price at…1 mk
- Q14Which one of the following items is not dealt through Profit and Loss Appropriation Account? OR At the time of…1 mk
- Q14Geeta and Hari were partners in a firm sharing profits and losses in the 1th ratio of 3: 2. Krish was admitted as a new…1 mk
- Q14Vivek and Nisha were partners in a firm sharing profits and losses in the ratio of 3: 2. On 1st April, 2022, their…1 mk
- Q15Aditya, Vishesh and Nimesh were partners in a firm sharing profits and losses equally. Aditya died on 1st July, 2023.…1 mk
- Q15Assertion: Partners' current accounts maintained under 'Fixed Capital Method' may show a debit or a credit balance.…1 mk
- Q15As per the provisions of Companies Act, 2013 Securities Premium cannot be utilized for:1 mk
- Q15A, B and C were partners in a firm sharing profits and losses in the ratio 1 1 1... 1th.. of §: g: E. D was admitted in…1 mk
- Q15Nicku, Mala and Ritu were partners in a firm sharing profits in the ratio of 5: 3: 2. Nicku died on 30th September,…1 mk
- Q15Vivek and Nisha were partners in a firm sharing profits and losses in the ratio of 3: 2. On 1st April, 2022, their…1 mk
- Q15Assertion: Irredeemable debentures are also known as perpetual debentures. Reason (R): The company does not give any…1 mk
- Q15Aavya, Mitansh and Praveen were partners in a firm. On 31st March, 2023, the firm was dissolved. Creditors took over…1 mk
- Q15Vivek and Nisha were partners in a firm sharing profits and losses in the ratio of 3: 2. On 1st April, 2022, their…1 mk
- Q15Arnav Ltd. purchased assets worth ₹ 24,00,000. It issued 9% debentures of ₹ 100 each at a discount of 4% for payment of…1 mk
- Q15If all the forfeited shares are reissued, the balance, if any, left in the Forfeited Shares Account is transferred to:…1 mk
- Q15Dan, Elf and Furhan were partners in a firm sharing profits in the ratio of 5: 3: 2. With effect from 1st April, 2023,…1 mk
- Q15Maki, Ruhi and Ginni are partners in a firm sharing profits and losses in the ratio of 6: 4: 1. Maki guaranteed a…1 mk
- Q15Vivek and Nisha were partners in a firm sharing profits and losses in the ratio of 3: 2. On 1st April, 2022, their…1 mk
- Q15Seema and Laksh were partners in a firm sharing profits and losses in the ratio of 2: 1. Their capitals were ₹ 2,00,000…1 mk
- Q16Aditi, Sukriti and Niti were partners sharing profits in the ratio of 2: 2 1 1. Sukriti died on 30th June, 2023. Net…1 mk
- Q16Kishore and Bimal are partners in a firm sharing profits and losses in the ratio of 4: 3. Nand is admitted as a new…1 mk
- Q16Assertion: Under the fixed capital method, partners' capital accounts always show a credit balance. Reason (R): Under…1 mk
- Q16Anju, Divya and Bobby were partners in a firm sharing profits and losses in the ratio of 3: 2: 1. Bobby retired. The…1 mk
- Q16Money received in advance from shareholders before it is actually called up by the directors is: OR An offer of…1 mk
- Q16Geeta and Hari were partners in a firm sharing profits and losses in the 1th ratio of 3: 2. Krish was admitted as a new…1 mk
- Q16Kanha, Resham and Nisha were partners in a firm. Nisha had given a loan of ₹ 1,00,000 to the firm @ 10% p.a. The…1 mk
- Q16Hema and Tara were partners in a firm sharing profits and losses in the ratio of 2: 3. They admitted Ojas as a new…1 mk
- Q16Alex, Benn and Cole were partners in a firm sharing profits and losses in 1th the ratio of 5: 3: 2. They admitted Dona…1 mk
- Q16Ashu and Basu are partners sharing profits and losses in the ratio of 1th 2: 1. Chetan is admitted as a new partner…1 mk
- Q16If vendors are issued fully paid shares of ₹ 1,25,000 in purchase consideration of net assets of ₹ 1,50,000, the…1 mk
- Q16Manu, Sonu and Rahul were partners in a firm sharing profits and losses in the ratio of 4: 3: 2. With effect from 1st…1 mk
- Q16If all the forfeited shares are reissued, the balance, if any, left in the Forfeited Shares Account is transferred to:…1 mk
- Q16Assertion: In a partnership firm, at the time of admission, the new partner brings in an agreed amount of capital…1 mk
- Q16On dissolution of a partnership firm, if realisation expenses are paid by the firm on behalf of a partner, then such…1 mk
- Q17Anmol, Badal and Cheenu were partners in a firm sharing profits and losses in the ratio of 5: 4: 3. Badal retired.…3 mk
- Q17Priti Ltd. purchased assets worth ₹ 5,40,000 and took over liabilities of ₹ 1,20,000 of Payal Ltd. for a purchase…3 mk
- Q17Alisha, Bobby and Pooja were partners in a firm sharing profits and losses in the ratio of 5: 3: 2. Pooja died on 30th…3 mk
- Q17Sangeet, Anju and Shiva were partners in a firm sharing profits and losses in the ratio of 3: 4: 5. Sangeet died on…3 mk
- Q17Anvi, Vani and Kazan were partners in a firm sharing profits in the ratio of 2: 2: 1. Their fixed capitals were ₹…3 mk
- Q17Akshay, Baljeet and Cizan were partners in a firm sharing profits and losses in the ratio of 2: 3: 3. Akshay retired.…3 mk
- Q17Reeha, nee nu and Sara were partners in a partnership firm sharing profits and losses in the ratio of 2:2:1. With…3 mk
- Q17Asha, Nisha and Hit en were partners in a firm sharing profits and losses in the ratio of2: 2: 1. Their fixed capitals…3 mk
- Q17Aaria, Beenu and Clara were partners in a firm sharing profits and losses in the ratio of 4: 3: 3. On 30th June, 2023,…3 mk
- Q17Anand, Rid hi and Shy am were partners in a firm sharing profits and losses in the ratio of2: 2: 1. Their fixed…3 mk
- Q17Mehak, Ambush and Anshu were partners in a firm sharing profits and losses in the ratio of 5:3:2. With effect from 1st…3 mk
- Q17Aamir, Bashir and Chirag were partners in a firm sharing profits and losses in the ratio of 3: 3: 2. Chirag retired.…3 mk
- Q17Prateek, Charu and Sirima were partners in a firm sharing profits in the ratio of 3: 2: 1. Prateek retired from the…3 mk
- Q17Prateek, Charu and Sirima were partners in a firm sharing profits in the ratio of 3: 2: 1. Prateek retired from the…3 mk
- Q17Nita, Mita and Kazan were partners in a firm sharing profits and losses in the ratio of 4:3:3. With effect from 1st…3 mk
- Q18Mahesh Ltd. purchased Plant and Machinery from Ish Ltd. for ₹ 4,50,000. ₹ 50,000 was paid by cheque to Ish Ltd. and the…3 mk
- Q18Mahesh Ltd. purchased Plant and Machinery from Ish Ltd. for ₹ 4,50,000. ₹ 50,000 was paid by cheque to Ish Ltd. and the…3 mk
- Q18Mahesh, Ramesh and Naresh were partners in a firm sharing profits in the ratio of 5: 3: 2. From 1st April, 2023, they…3 mk
- Q18Mahesh, Ramesh and Naresh were partners in a firm sharing profits in the ratio of 5: 3: 2. From 1st April, 2023, they…3 mk
- Q18Rishi and Suman were partners in a firm. Their capitals were: Rishi ₹ 1,20,000 and Suman ₹ 80,000. The normal rate of…3 mk
- Q18Chavi Ltd. purchased machinery from Neo Ltd. It was agreed that the purchase consideration will be paid by issuing…3 mk
- Q18Aayush and Krish are partners sharing profits and losses equally. They decided to admit Vanish for an equal share in…3 mk
- Q18Pearl and Ruby were partners in a firm with a combined capital of ₹ 2,50,000. The normal rate of return was 10%. The…3 mk
- Q18Norah and Mallika were partners in a firm with a combined capital of ₹ 2,00,000. The normal rate of return was 10%. The…3 mk
- Q18Soham, Ashish, Vishesh and Rashi were partners in a firm sharing profits and losses in the ratio of 4: 3: 2: 1. With…3 mk
- Q18The average profit for the last five years of a firm was ₹ 20,000. The normal rate of return in a similar business is…3 mk
- Q18Anu, Manu, Sonu and Rohan were partners in a firm sharing profits and losses in the ratio of 1: 2: 1: 2. With effect…3 mk
- Q18The average profit for last five years of a firm of Suman and Dhawan was ₹ 6,00,000. The normal rate of return in a…3 mk
- Q18Madhu, Raj, Atul and Prachi were partners in a firm sharing profit and losses in the ratio of 3: 2: 4: 1. With effect…3 mk
- Q18Pran and Ron were partners in a firm with a combined capital of ₹ 3,00,000. The normal rate of return was 15%. The…3 mk
- Q19Sumi Ltd. acquired assets of ₹ 8,00,000 and took over sundry creditors of ₹ 2,00,000 from Pandora Ltd. for a purchase…3 mk
- Q19Chavi Ltd. purchased machinery from Neo Ltd. It was agreed that the purchase consideration will be paid by issuing…3 mk
- Q19Mahesh Ltd. purchased Plant and Machinery from Ish Ltd. for ₹ 4,50,000. ₹ 50,000 was paid by cheque to Ish Ltd. and the…3 mk
- Q19Aayush and Krish are partners sharing profits and losses equally. They decided to admit Vanish for an equal share in…3 mk
- Q19Sunrise Ltd. acquired assets of ₹ 3,60,000 and took over creditors of ₹ 1,00,000 from Moonlight Ltd. for an agreed…3 mk
- Q19Mohan, Suhaan and Adit were partners in a firm sharing profits and losses in the ratio of 3: 2: 1. Their fixed capitals…3 mk
- Q19Misha and Prisha were partners in a firm sharing profits and losses in the ratio of 3: 2. On 1st April, 2022, their…3 mk
- Q19Prateek, Charu and Sirima were partners in a firm sharing profits in the ratio of 3: 2: 1. Prateek retired from the…3 mk
- Q19Sunrise Ltd. acquired assets of ₹ 3,60,000 and took over creditors of ₹ 1,00,000 from Moonlight Ltd. for an agreed…3 mk
- Q19Mahesh, Ramesh and Naresh were partners in a firm sharing profits in the ratio of 5: 3: 2. From 1st April, 2023, they…3 mk
- Q19Priti Ltd. purchased assets worth ₹ 5,40,000 and took over liabilities of ₹ 1,20,000 of Payal Ltd. for a purchase…3 mk
- Q19Priti Ltd. purchased assets worth ₹ 5,40,000 and took over liabilities of ₹ 1,20,000 of Payal Ltd. for a purchase…3 mk
- Q19Chavi Ltd. purchased machinery from Neo Ltd. It was agreed that the purchase consideration will be paid by issuing…3 mk
- Q19Aayush and Krish are partners sharing profits and losses equally. They decided to admit Vanish for an equal share in…3 mk
- Q19Sumi Ltd. acquired assets of ₹ 8,00,000 and took over sundry creditors of ₹ 2,00,000 from Pandora Ltd. for a purchase…3 mk
- Q20Sunny and Rohan were partners in a firm sharing profits and losses in the ratio of 2: 1. Their books showed that the…3 mk
- Q20Misha and Prisha were partners in a firm sharing profits and losses in the ratio of 3: 2. On 1st April, 2022, their…3 mk
- Q20On 1st April, 2023, the books of the firm of Kashish and Sagar showed assets of ₹ 9,00,000 including cash of ₹ 32,000…3 mk
- Q20Piya and Rosa were partners in a firm sharing profits and losses in the ratio of 3:5. Their fixed capitals were ₹…3 mk
- Q20Misha and Prisha were partners in a firm sharing profits and losses in the ratio of 3: 2. On 1st April, 2022, their…3 mk
- Q20Mohan, Suhaan and Adit were partners in a firm sharing profits and losses in the ratio of 3: 2: 1. Their fixed capitals…3 mk
- Q20Sumi Ltd. acquired assets of ₹ 8,00,000 and took over sundry creditors of ₹ 2,00,000 from Pandora Ltd. for a purchase…3 mk
- Q20A business earned an average profit of ₹ 4,00,000 during the last few years. The normal rate of profit in the similar…3 mk
- Q20Sunrise Ltd. acquired assets of ₹ 3,60,000 and took over creditors of ₹ 1,00,000 from Moonlight Ltd. for an agreed…3 mk
- Q20On 1st April, 2023, the books of a partnership firm showed assets of ₹ 5,00,000 including cash of ₹ 23,000 and bank…3 mk
- Q20Maira and Shreya were partners in a firm. They earned an average profit of ₹ 2,00,000 during the last few years. The…3 mk
- Q20Atul and Gita were partners in a firm sharing profits and losses in the ratio of 3:2. Their fixed capitals were ₹…3 mk
- Q20On 1st April, 2023, a partnership firm had assets of ₹ 2,00,000 including cash of ₹ 6,000 and bank balance of ₹ 14,000.…3 mk
- Q20Mohan, Suhaan and Adit were partners in a firm sharing profits and losses in the ratio of 3: 2: 1. Their fixed capitals…3 mk
- Q20Rajesh and Anu were partners in a firm sharing profits and losses in the ratio of 1:2. Their fixed capitals were ₹…3 mk
- Q21Madhav, Raghav and Purav were partners in a firm sharing profits and losses in the ratio of 3: 1: 1. Their Balance…4 mk
- Q21Aditi, Renu and Varsha were partners in a firm sharing profits and losses in the ratio of 3: 2: 5. On 31st March, 2023…4 mk
- Q21Shivalik Limited was registered with an authorized capital of ₹ 10,00,000 divided into equity shares of ₹ 10 each. It…4 mk
- Q21Ron it Ltd. was registered with an authorised capital of ₹ 75,00,000 divided into 75,000 equity shares of ₹ 100 each.…4 mk
- Q21Shri Ganga Ltd. was registered with an authorised capital of ₹ 7,00,000 divided into equity shares of ₹ 10 each. It…4 mk
- Q21Archana, Vandana and Arti were partners in a firm sharing profits and losses in the ratio of 5: 3: 2. Their Balance…4 mk
- Q21On 1st April 2023, Khyati Ltd. was formed with an authorised capital of ₹ 20,00,000 divided into 2,00,000 equity shares…4 mk
- Q21Ram, Ravi and Rohan were partners sharing profits in the ratio of 2:3:1. On 31st March, 2023, their Balance Sheet was…4 mk
- Q21RR Ltd. was registered with an authorised capital of ₹ 8,00,000 divided into 80,000 equity shares of ₹ 10 each. The…4 mk
- Q21Ron it Ltd. was registered with an authorised capital of ₹ 75,00,000 divided into 75,000 equity shares of ₹ 100 each.…4 mk
- Q21Madhav, Raghav and Purav were partners in a firm sharing profits and losses in the ratio of 3: 1: 1. Their Balance…4 mk
- Q21Aditi, Renu and Varsha were partners in a firm sharing profits and losses in the ratio of 3: 2: 5. On 31st March, 2023…4 mk
- Q21Frank, George and Hemant were partners in a firm sharing profits in the ratio of 5: 3: 2. They decided to change their…4 mk
- Q21Shri Ganga Ltd. was registered with an authorised capital of ₹ 7,00,000 divided into equity shares of ₹ 10 each. It…4 mk
- Q21Shivalik Limited was registered with an authorized capital of ₹ 10,00,000 divided into equity shares of ₹ 10 each. It…4 mk
- Q22RR Ltd. was registered with an authorised capital of ₹ 8,00,000 divided into 80,000 equity shares of ₹ 10 each. The…4 mk
- Q22RR Ltd. was registered with an authorised capital of ₹ 8,00,000 divided into 80,000 equity shares of ₹ 10 each. The…4 mk
- Q22Ram, Ravi and Rohan were partners sharing profits in the ratio of 2:3:1. On 31st March, 2023, their Balance Sheet was…4 mk
- Q22Shri Ganga Ltd. was registered with an authorised capital of ₹ 7,00,000 divided into equity shares of ₹ 10 each. It…4 mk
- Q22Archana, Vandana and Arti were partners in a firm sharing profits and losses in the ratio of 5: 3: 2. Their Balance…4 mk
- Q22Frank, George and Hemant were partners in a firm sharing profits in the ratio of 5: 3: 2. They decided to change their…4 mk
- Q22Ram, Ravi and Rohan were partners sharing profits in the ratio of 2:3:1. On 31st March, 2023, their Balance Sheet was…4 mk
- Q22Ron it Ltd. was registered with an authorised capital of ₹ 75,00,000 divided into 75,000 equity shares of ₹ 100 each.…4 mk
- Q22Frank, George and Hemant were partners in a firm sharing profits in the ratio of 5: 3: 2. They decided to change their…4 mk
- Q22Shivalik Limited was registered with an authorized capital of ₹ 10,00,000 divided into equity shares of ₹ 10 each. It…4 mk
- Q22Madhav, Raghav and Purav were partners in a firm sharing profits and losses in the ratio of 3: 1: 1. Their Balance…4 mk
- Q22On 1st April 2023, Khyati Ltd. was formed with an authorised capital of ₹ 20,00,000 divided into 2,00,000 equity shares…4 mk
- Q22Archana, Vandana and Arti were partners in a firm sharing profits and losses in the ratio of 5: 3: 2. Their Balance…4 mk
- Q22Aditi, Renu and Varsha were partners in a firm sharing profits and losses in the ratio of 3: 2: 5. On 31st March, 2023…4 mk
- Q22On 1st April 2023, Khyati Ltd. was formed with an authorised capital of ₹ 20,00,000 divided into 2,00,000 equity shares…4 mk
- Q23Murari Ltd. invited applications for issuing 80,000 equity shares of ₹ 10 each at a premium of ₹ 4 per share. The…6 mk
- Q23Pass necessary journal entries for issue of debentures for the following transactions: (i) Kajal Ltd. issued 30,000,…6 mk
- Q23David, Eden and Flora were partners in a firm sharing profits and losses in the ratio of 2: 2: 1. On 31st March, 2023,…6 mk
- Q23Pass necessary journal entries for issue of debentures for the following transactions: (i) Hero Ltd. issued 20,000, 11%…6 mk
- Q23Lazal Ltd. invited applications for issuing 2,00,000 equity shares of ₹ 10 each, at 20% premium. Amount per share was…6 mk
- Q23Lazal Ltd. invited applications for issuing 2,00,000 equity shares of ₹ 10 each, at 20% premium. Amount per share was…6 mk
- Q23Murari Ltd. invited applications for issuing 80,000 equity shares of ₹ 10 each at a premium of ₹ 4 per share. The…6 mk
- Q23Azhar, Sumit and Robit were partners in a firm sharing profits and losses in the ratio of 3: 1: 1. Their Balance Sheet…6 mk
- Q23Rishan, Suzane and Tapti were partners in a firm sharing profits and losses equally. On 31st March, 2023 their Balance…6 mk
- Q23Gagan, Harsh and Ishan were partners in a firm sharing profits and losses in the ratio of 2: 2: 1. Their Balance Sheet…6 mk
- Q23Pass necessary journal entries for issue of debentures for the following transactions: (i) Suhavo Ltd. issued 10,000,…6 mk
- Q23Jatin, Kartik and Lakhan were partners in a firm sharing profits and losses in the ratio of 7: 5: 3. Their Balance…6 mk
- Q23Anikesh and Bhavesh are partners in a firm sharing profits in the ratio of 7:3. Their Balance Sheet as on 31st March,…6 mk
- Q23Abhay, Bikram and Chris were partners in a firm sharing profits and losses equally. They decided to dissolve their…6 mk
- Q23Arnav, Bhavi and Chavi were in partnership sharing profits and losses in the ratio of 3: 2: 1. On 31st March, 2023,…6 mk
- Q24Nandu, Bandu and Chandu were partners in a firm. On 31st March, 2023 they decided to dissolve the firm. Pass necessary…6 mk
- Q24On 1st April, 2022, Zubian Ltd. issued ₹ 10,00,000, 7% Debentures of ₹ 100 each at a premium of 6%, redeemable at a…6 mk
- Q24Pass the necessary journal entries for the following transactions on the dissolution of the partnership firm of Manish…6 mk
- Q24On 1st April, 2022, Helloix Ltd. issued 10,000, 7% Debentures of ₹ 500 each at a premium of 10%, redeemable at a…6 mk
- Q24On 1st April, 2022, Bellfont Ltd. issued 5,000, 7% Debentures of ₹ 500 each at a premium of 5%, redeemable at a premium…6 mk
- Q24Murari Ltd. invited applications for issuing 80,000 equity shares of ₹ 10 each at a premium of ₹ 4 per share. The…6 mk
- Q24Lazal Ltd. invited applications for issuing 2,00,000 equity shares of ₹ 10 each, at 20% premium. Amount per share was…6 mk
- Q24Anikesh and Bhavesh are partners in a firm sharing profits in the ratio of 7:3. Their Balance Sheet as on 31st March,…6 mk
- Q24Anikesh and Bhavesh are partners in a firm sharing profits in the ratio of 7:3. Their Balance Sheet as on 31st March,…6 mk
- Q24On 1st April, 2022, Zoltas Ltd. issued 20,000 7% Debentures of ₹ 100 each at a discount of 5%, redeemable at par after…6 mk
- Q24On 1st April, 2022, Centafit Ltd. issued 2,000, 7% Debentures of ₹ 500 each at a premium of 10%, redeemable at a…6 mk
- Q24On 1st April, 2022, Ahilaan Ltd. issued 10,000, 9% Debentures of ₹ 100 each at a premium of 7%, redeemable at a premium…6 mk
- Q24Arnav, Bhavi and Chavi were in partnership sharing profits and losses in the ratio of 3: 2: 1. On 31st March, 2023,…6 mk
- Q24Arnav, Bhavi and Chavi were in partnership sharing profits and losses in the ratio of 3: 2: 1. On 31st March, 2023,…6 mk
- Q24Pass the necessary journal entries for the following transactions on the dissolution of the partnership firm of Sharma…6 mk
- Q25Pass the necessary journal entries for the following transactions on the dissolution of the firm of Abhay and Mansi…6 mk
- Q25Shubhi and Revanshi were partners in a firm sharing profits and losses in the ratio of 3: 2. Their Balance Sheet as at…6 mk
- Q25Pass necessary journal entries for forfeiture and reissue of shares in the following cases: (i) Neon Ltd. forfeited…6 mk
- Q25Pass the necessary journal entries for the following transactions on the dissolution of the firm of Rad ha and Sud ha…6 mk
- Q25Pass necessary journal entries for forfeiture and reissue of shares in the following cases: (i) Star Ltd. forfeited…6 mk
- Q25Pass necessary journal entries for forfeiture and reissue of shares in the following cases: (i) Neon Ltd. forfeited…6 mk
- Q25Sarah and Varsha were partners in a firm sharing profits and losses in the ratio of 3: 2. Their Balance Sheet as at…6 mk
- Q25Pass the necessary journal entries for the following transactions on the dissolution of the partnership firm of Mohit…6 mk
- Q25Qumtan Ltd. invited applications for issuing 1,00,000 equity shares of ₹ 10 each at a premium of ₹ 6 per share. The…6 mk
- Q25Pass the necessary journal entries for the following transactions on dissolution of the firm of Avyan and Shruti after…6 mk
- Q25Pass the necessary journal entries for the following transactions on the dissolution of the firm of Sud ha and Shiva…6 mk
- Q25Sanju and Manju were partners in a firm sharing profits and losses in the ratio of 3: 2. Their Balance Sheet on 31st…6 mk
- Q25Sanju and Manju were partners in a firm sharing profits and losses in the ratio of 3: 2. Their Balance Sheet on 31st…6 mk
- Q25Pass the necessary journal entries for the following transactions on the dissolution of the partnership firm of Tina…6 mk
- Q25Qumtan Ltd. invited applications for issuing 1,00,000 equity shares of ₹ 10 each at a premium of ₹ 6 per share. The…6 mk
- Q26Pass journal entries relating to issue of debentures in the books of Star Ltd. in each of the following cases: (i)…6 mk
- Q26Pass Journal entries relating to issue of debentures in the books of Unicorn Ltd. in each of the following cases: (i)…6 mk
- Q26Sanju and Manju were partners in a firm sharing profits and losses in the ratio of 3: 2. Their Balance Sheet on 31st…6 mk
- Q26Pass necessary journal entries for forfeiture and reissue of shares in the following cases: (i) Neon Ltd. forfeited…6 mk
- Q26Pass necessary journal entries for forfeiture and reissue of shares in the following cases: (i) Star Ltd. forfeited…6 mk
- Q26Shubhi and Revanshi were partners in a firm sharing profits and losses in the ratio of 3: 2. Their Balance Sheet as at…6 mk
- Q26Pass necessary journal entries for forfeiture and reissue of shares in the following cases: (i) Star Ltd. forfeited…6 mk
- Q26Pass necessary journal entries relating to issue of debentures and to write off discount/loss on issue of debentures in…6 mk
- Q26Pass necessary journal entries relating to issue of debentures and to write off discount/loss on issue of debentures in…6 mk
- Q26Pass Journal entries relating to issue of debentures in the books of No vex Ltd. in each of following cases: (i) Issued…6 mk
- Q26Sarah and Varsha were partners in a firm sharing profits and losses in the ratio of 3: 2. Their Balance Sheet as at…6 mk
- Q26Sarah and Varsha were partners in a firm sharing profits and losses in the ratio of 3: 2. Their Balance Sheet as at…6 mk
- Q26Pass necessary journal entries relating to issue of debentures and to write off discount/loss on issue of debentures in…6 mk
- Q26Qumtan Ltd. invited applications for issuing 1,00,000 equity shares of ₹ 10 each at a premium of ₹ 6 per share. The…6 mk
- Q26Shubhi and Revanshi were partners in a firm sharing profits and losses in the ratio of 3: 2. Their Balance Sheet as at…6 mk
- Q27How are 'absolute cell references' and 'mixed reference' identified in Excel 'P1 mk
- Q27The Quick Ratio of a company is 1: 2. Which of the following transactions will result in an increase in this ratio?1 mk
- Q27Depreciation is generated from which of the following Accounting information system? OR Which type of software package…1 mk
- Q27Shy am Sunder Ltd. is a financing company. Under which of the following activity will the amount of 'Interest paid on…1 mk
- Q27Which of the following type of software suffers from the limitation of low secrecy level and software being prone to…1 mk
- Q27Excel considers which of the following group of mathematical operations of equal importance 9 OR How many rows are…1 mk
- Q27'Paid ₹ 5,00,000 to acquire shares in Neligare Industries and received a dividend of ₹ 30,000 after acquisition. ' This…1 mk
- Q27Which of the following is not a tool of Analysis of Financial Statements?1 mk
- Q27Codes Dealer Type 100 199 Cycle tyres 200 299 Cycle seats From the following, identify the type of code used by a…1 mk
- Q27'Data, people, and software are five pillars of a Computerised Accounting System (CAS)'. Which of the pillars of CAS…1 mk
- Q27Which of the following tools of 'Analysis of Financial Statements' indicate the trend and direction of financial…1 mk
- Q27From the following, identify a 'Data label' as a chart element: OR How many logical values can be entered into a…1 mk
- Q27The process of comparing input data with some unknown data is called:1 mk
- Q27Which chart has depth axis?1 mk
- Q27The tool of 'Analysis of Financial Statements' which helps to assess the profitability, solvency and efficiency of an…1 mk
- Q27How is navigation conducted from the first to the last filled cells of clusters when moving one cell at a time in a row?1 mk
- Q27The Debt-Equity Ratio of a company is 3: 2. Which of the following transactions will result in increase in this ratio?1 mk
- Q27Purchased (?) Sold R) Investments 2,00,000 1,80,000 Goodwill 3,00,000 From the above information, 'Cash flows from…1 mk
- Q27Identify the type of software which is suited for large and medium organisations and can be linked to other information…1 mk
- Q27Which of the following is not an objective of 'Analysis of Financial Stat ements'? OR is also known as Acid-Test Ratio.1 mk
- Q27'Paid ₹ 5,00,000 to acquire shares in Neligare Industries and received a dividend of ₹ 30,000 after acquisition. ' This…1 mk
- Q27"A value or function or an arithmetic expression is recorded in1 mk
- Q27The transaction 'Acquisition of machinery by issue of equity shares of ₹ 5,00,00,000 ' will result in: OR The…1 mk
- Q27Statement I: Financing activities relate to long term funds or capital of an enterprise. Statement II: Separate…1 mk
- Q27Which Date and Time function returns value of today's date with time? OR What is the outcome of an arithmetic…1 mk
- Q27How many categories of data can be plotted on a pie chart in Excel software?1 mk
- Q27Which of the following transaction will result in flow of cash?1 mk
- Q27Data,,, Hardware and Software are five pillars of Computerised Accounting System (CAS). From the following, which two…1 mk
- Q27Analysis of Financial Statements is useful and significant to different users. Which of the following users is…1 mk
- Q27Which of the following transactions will result in cash flows from operating activities? OR 'Dividend paid by a finance…1 mk
- Q28Which of the following is not an objective of 'Analysis of Financial Statements'? OR is also known as Acid-Test Ratio.1 mk
- Q28Identify whi1 mk
- Q28Name the Accounting Information sub-system which deals with receipt and payment of cash and electronic funds transfer:…1 mk
- Q28Which of the following transactions will result in cash flows from operating activities? OR 'Dividend paid by a finance…1 mk
- Q28Statement I: Issue of fully paid bonus shares out of Securities Premium Account will result in inflow of cash.…1 mk
- Q28Shy am Sunder Ltd. is a financing company. Under which of the following activity will the amount of 'Interest paid on…1 mk
- Q28'A piece of information shown in a graph which is assigned to the data series' is known as: OR 'LABELS in Excel means:1 mk
- Q28In a graph, the area bounded by different axes is known as: OR Which of the following is not contained on formula tab…1 mk
- Q28How is navigation conducted from the first to the last filled cells of clusters when moving one cell at a time in a row?1 mk
- Q28Which Date and Time function returns value of today's date with time? OR What is the outcome of an arithmetic…1 mk
- Q28Purchased (?) Sold c) Investments 2,00,000 1,80,000 Goodwill 3,00,000 From the above information, 'Cash flows from…1 mk
- Q28Codes Dealer Type 100 199 Cycle tyres 200 299 Cycle seats From the following, identify the type of code used by a…1 mk
- Q28The transaction 'Acquisition of machinery by issue of equity shares of ₹ 5,00,00,000 ' will result in: OR The…1 mk
- Q28Total Assets - ₹ 3,00,000 Non-current Assets - ₹ 2,60,000 Non-current Liabilities - 5 80,000 Shareholders Funds - ₹…1 mk
- Q28Which of the following is not a limitation of computerised accounting system? OR To safeguard assets and optimize the…1 mk
- Q28"A value or function or an arithmetic expression is recorded in1 mk
- Q28How many categories of data can be plotted on a pie chart in Excel software?1 mk
- Q28Which of the following tools of 'Analysis of Financial Statements' indicate the trend and direction of financial…1 mk
- Q28How are 'absolute cell references' and 'mixed reference' identified in Excel 'P1 mk
- Q28Which of the following is not a tool of Analysis of Financial Statements?1 mk
- Q28Current Ratio of Super Ltd. is 2: 1. Which of the following transactions will result in decrease in this ratio?1 mk
- Q28Depreciation is generated from which of the following Accounting information system? OR Which type of software package…1 mk
- Q28Analysis of Financial Statements is useful and significant to different users. Which of the following users is…1 mk
- Q28'Sales and Accounts Receivable Sub system' - of Accounting Information System deals with which of the following? OR A…1 mk
- Q28Statement I: Issue of Debentures will result in inflow of cash. Statement II: Issue of Debentures to the vendors for…1 mk
- Q28Quick ratio of Megamart Ltd. is 1.5:l. Which of the following transactions will result in decrease in this ratio?1 mk
- Q28From the following, identify a 'Data label' as a chart element: OR How many logical values can be entered into a…1 mk
- Q28Statement I: Financing activities relate to long term funds or capital of an enterprise. Statement II: Separate…1 mk
- Q28Excel considers which of the following group of mathematical operations of equal importance 9 OR How many rows are…1 mk
- Q28The process of comparing input data with some unknown data is called:1 mk
- Q29Name the Accounting Information sub-system which deals with receipt and payment of cash and electronic funds transfer:…1 mk
- Q29The tool of 'Analysis of Financial Statements' which helps to assess the profitability, solvency and efficiency of an…1 mk
- Q29Which of the followi fig tools of ' A alyss of Financial Statements' indicate the trend and direction of financial…1 mk
- Q29Current Ratio of Super Ltd. is 2: 1. Which of the following transactions will result in decrease in this ratio?1 mk
- Q29The Quick Ratio of a company is 1: 2. Which of the following transactions will result in an increase in this ratio?1 mk
- Q29Which of the following type of software suffers from the limitation of low secrecy level and software being prone to…1 mk
- Q29'A piece of information shown in a graph which is assigned to the data series' is known as: OR 'LABELS in Excel means:1 mk
- Q29In a graph, the area bounded by different axes is known as: OR Which of the following is not contained on formula tab…1 mk
- Q29Quick ratio of Megamart Ltd. is 1.5:l. Which of the following transactions will result in decrease in this ratio?1 mk
- Q29Which of the following is not a limitation of computerised accounting system °? OR To safeguard assets and optimize the…1 mk
- Q29Identify which of the following transactions w ill result in 'Cash Inflow From Operating Activities':1 mk
- Q29Current Ratio of Super Ltd. is 2: 1. Which of the following transactions will result in decrease in this ratio?1 mk
- Q29Which chart has depth axis?1 mk
- Q29The Debt-Equity Ratio of a company is 3: 2. Which of the following transactions will result in increase in this ratio?1 mk
- Q29Total Assets ₹ 3,00,000 Non-current Assets ₹ 2,60,000 Non-current Liabilities -? 80,000 Shareholders Funds - ₹ 2,00,000…1 mk
- Q29Shy am Sunder Ltd. is a financing company. Under which of the following activity will the amount of 'Interest paid on…1 mk
- Q29Statement I: Issue of Debentures will result in inflow of cash. Statement II: Issue of Debentures to the vendors for…1 mk
- Q29'Data, people, and software are five pillars of a Computerised Accounting System (CAS)'. Which of the pillars of CAS…1 mk
- Q29How is navigation conducted from the first to the last filled cells of clusters when moving one cell at a time in a row?1 mk
- Q29"A value or function or an arithmetic expression is recorded in1 mk
- Q29Data,,, Hardware and Software are five pillars of Computerised Accounting System (CAS). From the following, which two…1 mk
- Q29Statement I: 'Issue of fully paid bonus shares out of Securities Premium Account' will result in inflow of cash.…1 mk
- Q29How many categories of data can be plotted on a pie chart in Excel software?1 mk
- Q29Statement I: Financing activities relate to long term funds or capital of an enterprise. Statement II: Separate…1 mk
- Q29How are 'absolute cell references' and 'mixed reference' identified in Excel 'P1 mk
- Q29Analysis of Financial Statements is useful and significant to different users. Which of the following users is…1 mk
- Q29'Sales and Accounts Receivable Sub system' - of Accounting Information System deals with which of the following? OR A…1 mk
- Q29Identify the type of software which is suited for large and medium organisations and can be linked to other information…1 mk
- Q29The process of comparing input data with some unknown data is called:1 mk
- Q29Which of the following is not a tool of Analysis of Financial Statements?1 mk
- Q30'Data, people, and software are five pillars of a Computerised Accounting System (CAS)'. Which of the pillars of CAS…1 mk
- Q30'A piece of information shown in a graph which is assigned to the data series' is known as: OR 'LABELS in Excel means:1 mk
- Q30Name the Accounting Information sub-system which deals with receipt and payment of cash and electronic funds transfer:…1 mk
- Q30Which of the following is not a limitation of computerised accounting system? OR To safeguard assets and optimize the…1 mk
- Q30'Paid ₹ 5,00,000 to acquire shares in Neligare Industries and received a dividend of ₹ 30,000 after acquisition. ' This…1 mk
- Q30Excel considers which of the following group of mathematical operations of equal importance 9 OR How many rows are…1 mk
- Q30The tool of 'Analysis of Financial Statements' which helps to assess the profitability, solvency and efficiency of an…1 mk
- Q30Identify which of the following transactions will re suit in 'Cash Inflow From Operating Activities':1 mk
- Q30Depreciation is generated from which of the following Accounting information system? OR Which type of software package…1 mk
- Q30Data,,, Hardware and Software are five pillars of Computerised Accounting System (CAS). From the following, which two…1 mk
- Q30Identify the type of software which is suited for large and medium organisations and can be linked to other information…1 mk
- Q30Which of the following type of software suffers from the limitation of low secrecy level and software being prone to…1 mk
- Q30Total Assets - ₹ 3,00,000 Non-current Assets - ₹ 2,60,000 Non-current Liabilities -? 80,000 Shareholders Funds - ₹…1 mk
- Q30Statement I: Issue of Debentures will result in inflow of cash. Statement II: Issue of Debentures to the vendors for…1 mk
- Q30Codes Dealer Type 100 199 Cycle tyres 200 299 Cycle seats From the following, identify the type of code used by a…1 mk
- Q30Which of the following transaction will result in flow of cash?1 mk
- Q30'Sales and Accounts Receivable Sub system' - of Accounting Information System deals with which of the following? OR A…1 mk
- Q30Which of the following is not an objective of 'Analysis of Financial Statements'? OR is also known as Acid-Test Ratio.1 mk
- Q30Purchased (?) Sold R) Investments 2,00,000 1,80,000 Goodwill 3,00,000 From the above information, 'Cash flows from…1 mk
- Q30Which chart has depth axis?1 mk
- Q30Quick ratio of Megamart Ltd. is 1.5:l. Which of the following transactions will result in decrease in this ratio?1 mk
- Q30The Debt-Equity Ratio of a company is 3: 2. Which of the following transactions will result in increase in this ratio?1 mk
- Q30In a graph, the area bounded by different axes is known as: OR Which of the following is not contained on formula tab…1 mk
- Q30Statement I: 'Issue of fully paid bonus shares out of Securities Premium Account' will result in inflow of cash.…1 mk
- Q30Which of the following transactions will result in cash flows from operating activities? OR 'Dividend paid by a finance…1 mk
- Q30Which Date and Time function returns value of today's date with time? OR What is the outcome of an arithmetic…1 mk
- Q30The Quick Ratio of a company is 1: 2. Which of the following transactions will result in an increase of this ratio?1 mk
- Q30Which of the following transaction will result in flow of cash?1 mk
- Q30From the following, identify a 'Data label' as a oh art element: OR How many logical values can be entered into a…1 mk
- Q30equity shares of ₹ 5,00,00,000 OR classified under which of the following:1 mk
- Q31Explain 'Transparency and Control' and 'Accuracy and Speed as features ' of Computerised Accounting System.3 mk
- Q31Explain various 'Data tables' used in 'Pivot Table.3 mk
- Q31Give the meaning of the terms 'Transaction', 'Data item' and 'Information'.3 mk
- Q31Classify the following items under major heads and sub-heads (if any) in the Balance Sheet of the company as per…3 mk
- Q31Classify the following items under major heads and sub-heads (if any) in the Balance Sheet of the company as per…3 mk
- Q31Classify the following items under Major Heads and Sub-Heads (if any) in the Balance Sheet of a company as per Schedule…3 mk
- Q31How can a DIV/0! error be corrected?3 mk
- Q31Classify the following items under major heads and sub-heads (if any) in the Balance Sheet of a company as per Schedule…3 mk
- Q31Under which Major Heads and Sub-Heads (if any) will the following items be presented in the Balance Sheet of a company…3 mk
- Q31Explain 'Sequential Codes' and 'Block Codes' with examples.3 mk
- Q31How to use 'Mark Common Formula Error' in Excel? Explain.3 mk
- Q31Classify the following items under major heads and sub-heads (if any) in the Balance Sheet of the company as per…3 mk
- Q31How can a DIV/0! error be corrected?3 mk
- Q31Classify the following items under major heads and sub-heads (if any) in the Balance Sheet of the company as per…3 mk
- Q31Under which major heads and sub-heads will the following items be placed in the balance sheet of the company as per…3 mk
- Q31charts.3 mk
- Q31State the parameters of Excel's PMT function. What is the use of this function?3 mk
- Q31Classify the following items under major heads and sub-heads (if any) in the Balance Sheet of the company as per…3 mk
- Q31Under which major heads and sub-heads will the following items be placed in the Balance Sheet of the company as per…3 mk
- Q31Explain 'Transparency and Control' and 'Accuracy and Speed' as features of Computerised Accounting System.3 mk
- Q31Classify the following items under major heads and sub-heads (if any) in the Balance Sheet of the company as per…3 mk
- Q31What is meant by 'resizing of chart'? How can it be done? Explain.3 mk
- Q31Classify the following items under major heads and sub-heads (if any) in the Balance Sheet of the company as per…3 mk
- Q31Explain the advantages of using a chart.3 mk
- Q31How can text format of a chart be changed? Explain.3 mk
- Q31Under which major heads and sub-heads will the following items be placed in the Balance Sheet of the company as per…3 mk
- Q31Explain the advantages of using charts.3 mk
- Q31Classify the following items under major heads and sub-heads (if any) in the Balance Sheet of the company as per…3 mk
- Q31How to use 'Mark Common Formula Error' in Excel? Explain.3 mk
- Q31Under which Major Heads and Sub-Heads (if any) will the following items be presented in the Balance Sheet of a company…3 mk
- Q32Explain 'Sequential Codes' and 'Block Codes' with examples.3 mk
- Q32Explai n the 'Block Codes' and 'Mnemonic Codes' with the help of an example.3 mk
- Q32The average inventory of AB Ltd. is ₹ 1,00,000 and the inventory turnover ratio is 6 times. Calculate the amount of…3 mk
- Q32Explain 'Sequential Codes' and 'Block Codes' with the help of an example.3 mk
- Q32How to use 'Mark Common Formula Error' in Excel? Explain.3 mk
- Q32From the given information, calculate: Current Ratio Return on Capital Employed Amount Particulars ( < ) Liquid Assets…3 mk
- Q32Explain 'Sequential Code' and 'Mnemonic Code' with the help of an example.3 mk
- Q32State the parameters of Excel's 'PMT' function. What is the use of this function? Explain.3 mk
- Q32From the following information of Ajanta Ltd., calculate 'Inventory Turnover Ratio':? Opening inventory 19,000 Closing…3 mk
- Q32How can a DIV/0! error be corrected?3 mk
- Q32From the given information, calculate: Trade Receivables Turnover Ratio Current Ratio Amount Particulars ( < ) Credit…3 mk
- Q32Explain various 'Data tables' used in 'Pivot Table.3 mk
- Q32From the following information, calculate 'Return on Investment': Particulars (<) Total Assets 22,00,000 10% Debentures…3 mk
- Q32State any three limitations of Computerised Accounting System.3 mk
- Q32From the following information, calculate 'Proprietary Ratio': Particulars (<) Creditors 3,50,000 Bills Payable…3 mk
- Q32State the parameters of Excel's PMT function. What is the use of this function?3 mk
- Q32Explain 'Transparency and Control' and 'Accuracy and Speed' as features of Computerised Accounting System.3 mk
- Q32State the pa rameters of Excel's PMT function. What is the use of this function?3 mk
- Q32Explain 'Sequential Codes' and 'Block Codes' with examples.3 mk
- Q32Explain various 'Data tables' used in 'Pivot Table.3 mk
- Q32C Accuracy and Speed as features of Computerised Accounting System.3 mk
- Q32Calculate current ratio from the following information:? Equity share capital 8,00,000 Inventories 1,00,000 Trade…3 mk
- Q32Calculate 'Quick Ratio' and 'Debt - Equity Ratio' from the following information: < Total Debt 8,00,000 Inventory…3 mk
- Q32From the following information, calculate Working Capital Turnover Ratio: Gross Profit Ratio 25% Gross Profit? 5,00,000…3 mk
- Q32From the following information calculate 'Gross Profit Ratio': < Revenue from operations 10,00,000 Purchases 3,00,000…3 mk
- Q32A business has a current ratio of 3:1 and quick ratio of 1.2: 1. If working capital is ₹ 1,80,000, calculate total…3 mk
- Q32From the following information, calculate 'Total Assets to Debt Ratio' Particulars (<) Current Assets 8,00,000 Current…3 mk
- Q32From the given information, calculate: Quick Ratio Inventory Turnover Ratio Amount Particulars ( < ) Current Assets…3 mk
- Q32Calculate 'Operating Profit Ratio' from the following information: Revenue from operations ₹ 10,00,000 Gross profit 25%…3 mk
- Q32Calculate the 'Inventory Turnover Ratio' from the following information: Revenue from operations ₹ 15,00,000 Gross…3 mk
- Q33Explain 'Password Security' and 'Data Audit' as security features of Computerised Accounting System. OR What is Data…4 mk
- Q33Explain 'Password Security' and 'Data A udit' as security features of Computerised Accounting System. OR What is Data…4 mk
- Q33Prepare a Common Size Balance Sheet of X Ltd. from the following information: Balance Sheet ofX Ltd. as on 315 March,…4 mk
- Q33From the following information, prepare Comparative Statement of Profit and Loss for the year ended 31st March, 2023:…4 mk
- Q33State any four advantages of Computerised Accounting System. OR Computerised Accounting System.4 mk
- Q33State any four advantages of Computerised Accounting System. OR Explain 'Password security' and 'Data audit' as…4 mk
- Q33From the given Balance Sheet of Geox Ltd., prepare Common Size Balance Sheet: Balance Sheet of Geox Ltd. as at 31st…4 mk
- Q33Explain 'Password Security' and 'Data Audit' as security features of Computerised Accounting System. OR What is Data…4 mk
- Q33From the given Balance Sheet of Geox Ltd., prepare Common Size Balance Sheet: Balance Sheet of Geox Ltd. as at 31st…4 mk
- Q33State why do you need to change a chart? How can it be changed? Why is it said that changing a column chart to a pie…4 mk
- Q33From the following Balance Sheet of Hira Ltd. as at 31st March, 2023, prepare Comparative Balance Sheet: Balance Sheet…4 mk
- Q33List the points of nomenclature used in Excel for charts/graphs. OR Explain the steps to define 'Print area' using…4 mk
- Q33What is meant by Accounting Cycle? List its basic phases. OR What is 'data formatting'? What tools are used to format a…4 mk
- Q33State why do you need to change a chart? How can it be changed? Why is it said that changing a column chart to a pie…4 mk
- Q33From the following Balance Sheet of Hira Ltd. as at 31st March, 2023, prepare Comparative Balance Sheet: Balance Sheet…4 mk
- Q33From the following Statement of Profit and Loss of Shikha Ltd., prepare Comparative Statement of Profit and Loss for…4 mk
- Q33From the following Statement of Profit and Loss of Shikha Ltd., prepare Comparative Statement of Profit and Loss for…4 mk
- Q33From the following Statement of Profit and Loss of Shikha Ltd., prepare Comparative Statement of Profit and Loss for…4 mk
- Q33From the following information, prepare Comparative Statement of Profit and Loss for the year ended 31st March, 2023:…4 mk
- Q33What is meant by Accounting Cycle? List its basic phases. OR What is 'data formatting'? What tools are used to format a…4 mk
- Q33List the points of nomenclature used in Excel for charts/graphs. OR Explain the steps to define 'Print area' using…4 mk
- Q33From the given Balance Sheet of Geox Ltd., prepare Common Size Balance Sheet: Balance Sheet of Geox Ltd. as at 31st…4 mk
- Q33What is meant by Accounting Cycle? List its basic phases. OR What is 'data formatting'? What tools are used to format a…4 mk
- Q33Prepare a Common Size Balance Sheet of X Ltd. from the following information: Balance Sheet ofX Ltd. as on 315 Mareh,…4 mk
- Q33Prepare a Common Size Balance Sheet of X Ltd. from the following information: Balance Sheet ofX Ltd. as on 315 Mareh,…4 mk
- Q33From the following information, prepare Comparative Statement of Profit and Loss for the year ended 31st March, 2023:…4 mk
- Q33State why do you need to change a chart? How can it be changed? Why is it said that changing a column chart to a pie…4 mk
- Q33State any four advantages of Computerised Accounting System. OR Explain 'Password security' and 'Data audit' as…4 mk
- Q33List the points of nomenclature used in Excel for charts/graphs. OR Explain the steps to define 'Print area' using…4 mk
- Q33From the following Balance Sheet of Hira Ltd. as at 31st March, 2023, prepare Comparative Balance Sheet: Balance Sheet…4 mk
- Q34Explain the two syntax f6 mk
- Q34QQ Cut.11 v Wrap Text iCaliba'i I. Copy v Paste I u~ v -v A Merge 81 Center v v 1) format Painter E Clipboard re Font I…6 mk
- Q34Calculate ' Cash F lows from Investing Activities' from the following information: 31st March, 2023 31st March, 2022…6 mk
- Q34iCalibfi 11 'A A' I ® ' Wrap Text % Copy v Paste I Ll v; E Merge 8z Center v 'X Format Painter Clipboard Font B19 v 1v…6 mk
- Q34Home Calibri 'e Wrap Text 425 Copy Paste I u~. Y v Merge 81 Center v v 4 liormat Painter Clipboard Vi Font Alignment 5;…6 mk
- Q34Explain the two syntax forms of 'Lookup' function.6 mk
- Q34Write the steps to create 'I ' f function using formula tab and dialogue box on a given spreadsheet where the total…6 mk
- Q34From the following Balance Sheet of Yogita Ltd., calculate 'Cash flows from Investing Activities' and 'Cash flows from…6 mk
- Q34Write the steps to create f 'I ' function using formula tab and dialogue box on a given spreadsheet where the total…6 mk
- Q34Following is the Balance Sheet of Bharat Gas Ltd. as at 31.3.2023: Balance Sheet of Bharat Gas Ltd. as at 31.3.2023…6 mk
- Q34xi E < ~ C" = 34. HOME INSERT PAGE LAYOUT FORMUIAS DATA REVIEW "EW X Tell me what yo " Q QQ cm Ciiii U 11 v K A' EE…6 mk
- Q34.a. H; m Calibri mr 'H v A A' I §» Wrap Text......... P " ~~ %€0py ' aste I U v v E Merge 8£ Center v v ~§ Format…6 mk
- Q34From the following Balance Sheet of Yogita Ltd., calculate 'Cash flows from Investing Activities' and 'Cash flows from…6 mk
- Q34Explain the two syntax forms of 'Lookup' function.6 mk
- Q34From the following Balance Sheet of Nishant Ltd. as at 31st March, 2023, calculate 'Cash Flows From Operating…6 mk
- Q34From the following Balance Sheet of Nishant Ltd. as at 31st March, 2023, calculate 'Cash Flows From Operating…6 mk
- Q34Amount Particulars (<) Surplus i.e. Balance in Statement 6,28,000 of Profit and Loss Provision for Tax 1,50,000…6 mk
- Q34From the following Balance Sheet of Nishant Ltd. as at 31st March, 2023, calculate 'Cash Flows From Operating…6 mk
- Q34From the following information, calculate 'Cash Flow s From Operating Activities': Amount Particulars (<) Surplus i.e.…6 mk
- Q34Calculate Cash Flows from Investing Activities from the following information: 31st March, 2023 31st March, 2022…6 mk
- Q34Write the steps to create 'I ' f function using formula tab and dialogue box on a given spreadsheet where the total…6 mk
- Q34From the following information, calculate 'Cash Flows From Operating Activities': Amount Particulars (<) Surplus i.e.…6 mk
- Q34xi E 5' <- ~ = 34. HOME INSERT PAGE LAVOUT FORMUIAS DATA REVIEW VIEW X Tell me what yo "E 3£,cur Calibri Y 11 A A' E E…6 mk
- Q34Following is the Balance Sheet of Bharat Gas Ltd. as at 31.3.2023: Balance Sheet of Bharat Gas Ltd. as at 31.3.2023…6 mk
- Q34....... 31, Cut Calibri Tb 1 v A' A' ®' ' §"'Wrap Text Paste Copy ' I c - A' cl-nslll -» ¢-n.nu q-» B U., v 1.ua-n-n…6 mk
- Q34Calculate ' Cash F lows from Investing Activities' from the following information: 31st March, 2023 31st March, 2022…6 mk
- Q34From the following Balance Sheet of Yogita Ltd., calculate 'Cash flows from Investing Activities' and 'Cash flows from…6 mk
- Q34xi E <- = 34. HOME INSERT PAGE LAVOUT FORMUIAS DATA REVIEW VIEW X Tell me what yo M QQ cm Calibii 11 A A' -; l I V/'…6 mk
- Q34@- 5.11-... Calibri 'g 11 v A A' v it' Wrap Text......... " %€0py v Paste I U v v v A v E Merge 8£ Center v v Format…6 mk
- Q34Following is the Balance Sheet of Bharat Gas Ltd. as at 31.3.2023: Balance Sheet of Bharat Gas Ltd. as at 31.3.2023…6 mk
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