CBSE Class 12 Accountancy 2026
630 questions · 1500 marks · every one with the board’s own marking-scheme answer.
Marks by chapter
Counted from the 630 questions listed below, as the 2026 papers print them. CBSE allocates marks per unit, not per chapter — this is what was observed, not an official CBSE weightage. Every year compared →
| Chapter | Marks | Share |
|---|---|---|
| Accounting for Share Capital67 questions | 234 | 15.6% |
| Reconstitution of a Partnership Firm – Admission of a Partner92 questions | 213 | 14.2% |
| Issue and Redemption of Debentures66 questions | 129 | 8.6% |
| Spreadsheet46 questions | 129 | 8.6% |
| Accounting for Partnership: Basic Concepts78 questions | 120 | 8.0% |
| Reconstitution of a Partnership Firm – Retirement/Death of a Partner57 questions | 120 | 8.0% |
| Cash Flow Statement45 questions | 120 | 8.0% |
| Dissolution of Partnership Firm30 questions | 84 | 5.6% |
| Overview of Computerised Accounting System42 questions | 81 | 5.4% |
| Accounting Ratios36 questions | 81 | 5.4% |
| Graphs and Charts for Business Data17 questions | 54 | 3.6% |
| Analysis of Financial Statements21 questions | 51 | 3.4% |
| Financial Statements of a Company18 questions | 48 | 3.2% |
| Using Computerised Accounting System15 questions | 36 | 2.4% |
630 questions from 2026
- Q1Arora and Gurmeet were partners in a firm sharing profits and losses in the ratio of 3: 2. Starting from 1st October,…1 mk
- Q1Dharam and Karan were partners in a firm sharing profits and losses in the ratio of 7: 3. On 1st April, 2025, they…1 mk
- Q1Anita and Priyal were partners in a firm sharing profits and losses in the ratio of 3: 2. On 1st April, 2024, their…1 mk
- Q16,000 shares of ₹ 25 each were forfeited for non-payment of final call money of ₹ 5 per share. The maximum discount…1 mk
- Q1The books of Mehul and Barkha showed that their capital employed on 31st March, 2025 was ₹ 6,00,000. If the normal…1 mk
- Q1Shiv, Riya and Rohit were partners in a firm. On 1st October, 2024 Rohit had given a loan of ₹ 2,00,000 to the firm, at…1 mk
- Q1Navya, Kartik and Saris were partners in a arm sharing profits and losses in the ratio of 4:3:1. Samir was given a…1 mk
- Q1Anup, Bharti and Manoj were partners in a firm sharing profits and losses in the ratio of 11: 8: 1. From 1st April,…1 mk
- Q1The books of Arya and Dev showed that their capital employed on 31st March, 2025 was ₹ 9,00,000. If the normal profits…1 mk
- Q1Sujata and Laxmi were partners in a firm sharing profits and losses in the ratio of 2: 1. On 1st April, 2025, they…1 mk
- Q1Munna and Sonu were partners in a firm sharing profits and losses in the ratio of 4: 1. Their fixed capitals were ₹…1 mk
- Q1The books of As fish and Vishesh showed that their capital employed on 31st March, 2025 was ₹ 4,00,000. If the normal…1 mk
- Q1Dilshad, Ajit and Deepna were partners in a firm sharing profits and losses in the ratio of 2:2:1. Their fixed capitals…1 mk
- Q1When capitals of the partners are fluctuating, then the adjustments for drawings, interest on drawings, interest on…1 mk
- Q1Reena and Teena were partners in a firm sharing profits and losses in the ratio of 2: 1. Teena withdrew ₹ 20,000 at the…1 mk
- Q2Anita and Priyal were partners in a firm sharing profits and losses in the ratio of 3: 2. On 1st April, 2024, their…1 mk
- Q2Nandita and Prabha were partners in a firm manufacturing furniture. They were sharing profits and losses in the ratio…1 mk
- Q2There are two statements Assertion and Reason (R): Assertion: Partnership Agreement becomes the basis of relationship…1 mk
- Q2Sujata and Laxmi were partners in a firm sharing profits and losses in the ratio of 2: 1. On 1st April, 2025, they…1 mk
- Q2In case of dissolution of a partnership firm, the losses, including deficiencies of capital, shall be paid first:1 mk
- Q2P, Q and R were partners in a firm sharing profits and losses in the ratio of 6: 5: 4. They admitted S as a new partner…1 mk
- Q2Universal Ltd. took over machinery of ₹ 3,30,000, furniture of ₹ 1,60,000 and liabilities of ₹ 80,000 from Amol Ltd.…1 mk
- Q2Assertion: Goodwill is an intangible asset. Reason (R): Goodwill is the value of the reputation of a firm in respect of…1 mk
- Q2Nigam Ltd. issued 40,000, 11% Debentures of 100 each at a certain rate T of discount. The debentures were to be…1 mk
- Q2There are two statements Assertion and Reason (R): Assertion: At the time of admission of a new partner in a…1 mk
- Q2Divya and Bholi were partners in a firm sharing profits and losses in the ratio of 3: 1. On 1st April, 2024, their…1 mk
- Q2Sakshi Ltd. forfeited 500 equity shares of ₹ 10 each, issued at a premium of ₹ 2 per share for non-payment of second…1 mk
- Q2Tula, Ram and Madhvi were partners in a arm. The partnership deed provided for interest on partners drawings @ 12% p.a.…1 mk
- Q2Assertion: In case of admission of a new partner in the partnership firm, there is a need to ascertain the new profit…1 mk
- Q2Sameer, Rajat and Aastha were partners in a firm sharing profits and losses in the ratio of 2:3:1. Rajat retired from…1 mk
- Q3Hira Ltd. invited applications for issuing 2,00,000 equity shares of ₹ 10 each at a premium of 10%. The whole amount…1 mk
- Q3If 600 shares of ₹ 10 each, issued at a premium of ₹ 1 per share are forfeited on which ₹ 8 per share (including…1 mk
- Q3On 31st March, 2025, the partnership between Hari and Om was dissolved. Hari was appointed to look after dissolution…1 mk
- Q3Ravi, Sunil and Amit were partners in a firm sharing profits and losses in the ratio of 4: 3: 5. On 1st April, 2025,…1 mk
- Q3Universal Ltd. took over machinery of 3,30,000, furniture of ₹ 1,60,000 and liabilities of ₹ 80,000 from Amol Ltd. for…1 mk
- Q3As per Companies Act 2013, the balance in Securities Premium Account cannot be utilized for: OR When the company issues…1 mk
- Q3Assertion: Goodwill is an intangible asset. Reason (R): Goodwill is the value of the reputation of a firm in respect of…1 mk
- Q3At the time of forfeiture of shares, 'Share Capital Account' is debited with:1 mk
- Q3Atul, Bajaj and Madan were partners in a firm sharing profits and losses in the ratio of 1: 2: 5. The partnership deed…1 mk
- Q3Lalita, Shivani and Madhuri were partners in a firm sharing profits and losses in the ratio of 3: 2: 1. Madhuri retired…1 mk
- Q3Amita, Shivani and Tarush were partners in a firm sharing profits and losses in the ratio of 4:3:2. Tarush's share of…1 mk
- Q3Merak Ltd. forfeited 6,000 equity shares of T 10 each for non-payment of final call of 3 per share. The minimum amount…1 mk
- Q3Lalita, Shivani and Madhuri were partners in a firm sharing profits and losses in the ratio of 3: 2: 1. Madhuri retired…1 mk
- Q3Persons who have entered into partnership with one another are collectively called: OR In the absence of partnership…1 mk
- Q3A portion of the uncalled capital reserved by a company to be called only in the event of winding up of the company is…1 mk
- Q4Guru and Prakash were partners in a firm sharing profits and losses th in the ratio of 7: 3. They admitted Anu as a new…1 mk
- Q4Sushil and Sapna were partners in a firm sharing profits and losses in the ratio of 3: 2. On 31st March, 2025, the firm…1 mk
- Q4As per Companies Act 2013, the balance in Securities Premium Account cannot be utilized for: OR When the company issues…1 mk
- Q4Dinesh, Siddharth and Naina were partners in a firm sharing profits and losses in the ratio of 5: 3: 2. On 31st March,…1 mk
- Q4Paramount Ltd. forfeited 2,000 equity shares of 100 each, 80 t called up, issued at a premium of 10%, for non-payment…1 mk
- Q4Dilshad, Ajit and Deepna were partners in a firm sharing profits and losses in the ratio of 2:2:1. Their fixed capitals…1 mk
- Q46,000 shares of 25 each were forfeited for non-payment of final T call money of 5 per share. The maximum discount that…1 mk
- Q4Tarun and Tej were partners in a firm sharing profits and losses in the ratio of 3: 2. On 1st April 2024, Tej had given…1 mk
- Q4Atul and Nisha were partners in a firm sharing profits and losses in the ratio of 4: 1. Their capitals were ₹ 1,20,000…1 mk
- Q4On 1st April, 2024 Vinar Ltd. issued ₹ 5,00,000, 9% debentures of 5 100 each at 10% discount. Interest is payable half…1 mk
- Q4Chaman and Vatika were partners in a firm sharing profits and losses in the ratio of 4: 5. They admitted Mohan as a new…1 mk
- Q4At the time of forfeiture of shares, 'Share Capital Account' is debited with:1 mk
- Q4When capitals of the partners are fluctuating, then the adjustments for drawings, interest on drawings, interest on…1 mk
- Q4Ankur and Angad were partners in a firm sharing profits and losses in the ratio of 8: 7. On 1st July, 2024, Angad…1 mk
- Q4Chaman and Vatika were partners in a firm sharing profits and losses in the ratio of 4: 5. They admitted Mohan as a new…1 mk
- Q5Mansi and Uma were partners in a firm and their capitals were 4,00,000 and ₹ 2,00,000 respectively. Normal rate of…1 mk
- Q5Chaman, Raman and Suman were partners in a firm sharing profits and losses in the ratio of 5: 3: 2. With effect from…1 mk
- Q5Yashoda and Devi were partners in a firm sharing profits and losses in the ratio of 3: 2. On 31st March, 2025, their…1 mk
- Q5Tanay and Ishaan were partners in a firm and their capitals were ₹ 4,00,000 and ₹ 1,00,000 respectively. Normal rate of…1 mk
- Q5Asha, Manan and Niyati were partners in a firm sharing profits and losses in the ratio of 3: 2: 1. With effect from 1st…1 mk
- Q5Soni and Kush were partners in a firm sharing profits and losses in the ratio of 4: 5. Hitesh was admitted as a new…1 mk
- Q5Bishan Ltd. acquired assets worth ₹ 12,60,000 and took over liabilities of ₹ 2,40,000 of Nimi Ltd. for a purchase…1 mk
- Q5Sid hi, Gyan and Gayatri were partners in a firm sharing profits and losses in the ratio of 3: 2: 2. On 31st March,…1 mk
- Q5Aashree and Manvi were partners in a firm and their capitals were ₹ 6,00,000 and ₹ 4,00,000 respectively. Normal rate…1 mk
- Q5Sid hi, Gyan and Gayatri were partners in a firm sharing profits and losses in the ratio of 3: 2: 2. On 31st March,…1 mk
- Q5Nigam Ltd. issued 40,000, 11% Debentures of 100 each at a certain rate t of discount. The debentures were to be…1 mk
- Q5debentures refer to those debentures where a charge is created on the assets of the company for the purpose of payment…1 mk
- Q5Xiom Ltd. issued 30,000, 12% debentures of ₹ 100 each at a certain rate of discount, redeemable at 10% premium after…1 mk
- Q5In case of dissolution of a partnership firm, the losses, including deficiencies of capital, shall be paid first:1 mk
- Q5Ravi, Sohan and Neena were partners in a firm sharing profits and losses in the ratio of 5: 3: 2. On 1st April 2025,…1 mk
- Q6Reserve capital is that portion of the capital that can be called only in the event of winding up of the company. OR…1 mk
- Q6A portion of the uncalled capital reserved by a company to be called only in the event of winding up of the company is…1 mk
- Q6Guru and Prakash were partners in a firm sharing profits and losses th in the ratio of 7: 3. They admitted Anu as a new…1 mk
- Q6On 31st March, 2025, the partnership between Hari and Om was dissolved. Hari was appointed to look after dissolution…1 mk
- Q6Nidhi and Kunal were partners in a firm sharing profits and losses in the ratio of 4: 1. Their capitals were ₹ 3,00,000…1 mk
- Q6Zubin, Nidhi and Reena were partners in a firm sharing profits and losses in the ratio of 2:1:2. The firm closes its…1 mk
- Q6Surya Ltd. issued 50,000 equity shares of ₹ 10 each. The amount was payable as follows: on Application - ₹ 3 per share…1 mk
- Q6A business earned an average profit of ₹ 2,00,000 during the last few years. The value of net assets of the business is…1 mk
- Q6On 1st April, 2024, Mobi Ltd. issued 3,000, 9% Debentures of ₹ 1,000 each at a premium of 5%. The total amount of…1 mk
- Q6Sudama, Sharma and Varun were partners in a firm sharing profits and losses in the ratio of 6: 4: 3. Sharma retired…1 mk
- Q6Which of the following is not correct about collateral security? OR 'A company is formed according to the provisions of…1 mk
- Q6Hira Ltd. invited applications for issuing 2,00,000 equity shares of ₹ 10 each at a premium of 10%. The whole amount…1 mk
- Q6Divya and Bholi were partners in a firm sharing profits and losses in the ratio of 3: 1. On 1st April, 2024, their…1 mk
- Q6Rohan and Meeta were partners in a firm sharing profits and losses in the ratio of 5: 4. Their capitals were ₹ 3,00,000…1 mk
- Q6Assertion •. The retiring partner or the executors of the deceased partner are entitled to their share of goodwill at…1 mk
- Q7Chandan, Ravi and Mahesh were partners in a firm sharing profits and losses in the ratio of 5: 4: 1. From 1st April,…1 mk
- Q7Dinesh, Siddharth and Naina were partners in a firm sharing profits and losses in the ratio of 5: 3: 2. On 31st March,…1 mk
- Q7Munna and Sonu were partners in a firm sharing profits and losses in the ratio of 4: 1. Their fixed capitals were ₹…1 mk
- Q7Xiom Ltd. issued 30,000, 12% debentures of ₹ 100 each at a certain rate of discount, redeemable at 10% premium after…1 mk
- Q7Dharam, Karam and Raman were partners in a firm sharing profits and losses in the ratio of 7: 8: 5. On 31st March,…1 mk
- Q7Anup, Bharti and Manoj were partners in a firm sharing profits and losses in the ratio of 11: 8: 1. From 1st April,…1 mk
- Q7Persons who have entered into partnership with one another are collectively called: OR In the absence of partnership…1 mk
- Q7Ankur and Angad were partners in a firm sharing profits and losses in the ratio of 8: 7. On 1st July, 2024, Angad…1 mk
- Q7Sushil and Sapna were partners in a firm sharing profits and losses in the ratio of 3: 2. On 31st March, 2025, the firm…1 mk
- Q7Atul and Nisha were partners in a firm sharing profits and losses in the i T ratio of 4: 1. Their capitals were ₹…1 mk
- Q7Sakshi Ltd. forfeited 500 equity shares of ₹ 10 each, issued at a premium of ₹ 2 per share for non-payment of second…1 mk
- Q7debentures refer to those debentures where a charge is created on the assets of the company for the purpose of payment…1 mk
- Q7Nandita and Prabha were partners in a firm manufacturing furniture. They were sharing profits and losses in the ratio…1 mk
- Q7Vani, Vanya and Ajay were partners in a firm sharing profits and losses in the ratio of 5:3:2. Vani retired and her…1 mk
- Q7John, Honey and Racob were partners in a firm sharing profits and losses equally. On 31st July, 2025 John died. His…1 mk
- Q8Devki and Neena were partners in a firm sharing profits and losses in the ratio of 4:3. Amar was admitted as a new…1 mk
- Q8Alok, Sarah and Aditya were partners in a firm sharing profits and losses in the ratio of 5: 3: 2. On 1st January, 2025…1 mk
- Q8Yashoda and Devi were partners in a firm sharing profits and losses in the ratio of 3: 2. On 31st March, 2025, their…1 mk
- Q8Nidhi and Kunal were partners in a firm sharing profits and losses in the ratio of 4: 1. Their capitals were ₹ 3,00,000…1 mk
- Q8Anish, Neha and Bindu were partners in a firm sharing profits and losses in the ratio of 4: 2: 1. On 1st October, 2024…1 mk
- Q8Asha, Manan and Niyati were partners in a firm sharing profits and losses in the ratio of 3: 2: 1. With effect from 1st…1 mk
- Q8Surya Ltd. issued 50,000 equity shares of ₹ 10 each. The amount was payable as follows: on Application - ₹ 3 per share…1 mk
- Q8Shiv, Riya and Rohit were partners in a firm. On 1st October, 2024 Rohit had given a loan ₹ 2,00,000 to the firm, at an…1 mk
- Q8Zubin, Nidhi and Reena were partners in a firm sharing profits and losses in the ratio of 2:1:2. The firm closes its…1 mk
- Q8Ankur and Angad were partners in a firm sharing profits and losses in the ratio of 8: 7. On 1st July, 2024, Angad…1 mk
- Q8Anup, Bharti and Manoj were partners in a firm sharing profits and losses in the ratio of 11: 8: 1. From 1st April,…1 mk
- Q8Naisha, Mansi and Aakash were partners in a firm sharing profits and losses in the ratio of 3: 2: 2. On 1st January,…1 mk
- Q8debentures refer to those debentures where a charge is created on the assets of the company for the purpose of payment…1 mk
- Q8Tula, Ram and Madhvi were partners in a arm. The partnership deed provided for interest on partners drawings @ 12% p.a.…1 mk
- Q8Divya and Bholi were partners in a firm sharing profits and losses in the ratio of 3: 1. On 1st April, 2024, their…1 mk
- Q9On 1st April, 2024, Mobi Ltd. issued 3,000, 9% Debentures of ₹ 1,000 each at a premium of 5%. The total amount of…1 mk
- Q9There are two statements Assertion and Reason (R): Assertion: Partnership Agreement becomes the basis of relationship…1 mk
- Q9Guru and Prakash were partners in a firm sharing profits and losses th in the ratio of 7: 3. They admitted Anu as a new…1 mk
- Q9Persons who have entered into partnership with one another are collectively called: OR In the absence of partnership…1 mk
- Q9Navya, Kartik and Saris were partners in a firm sharing profits and losses in the ratio of 4:3:1. Samir was given a…1 mk
- Q9P, Q and R were partners in a firm sharing profits and losses in the ratio of 6: 5: 4. They admitted S as a new partner…1 mk
- Q9A business earned an average profit of ₹ 2,00,000 during the last few years. The value of net assets of the business is…1 mk
- Q9Atul, Bajaj and Madan were partners in a firm sharing profits and losses in the ratio of 1: 2: 5. The partnership deed…1 mk
- Q9Dharam, Karam and Raman were partners in a firm sharing profits and losses in the ratio of 7: 8: 5. On 31 March, 2025,…1 mk
- Q9Arora and Gurmeet were partners in a firm sharing profits and losses in the ratio of 3: 2. Starting from 1st October,…1 mk
- Q9Sudama, Sharma and Varun were partners in a firm sharing profits and losses in the ratio of 6: 4: 3. Sharma retired…1 mk
- Q9Rohan and Meeta were partners in a firm sharing profits and losses in the ratio of 5: 4. Their capitals were ₹ 3,00,000…1 mk
- Q9Shiv, Riva and Rohit were partners in a firm. On 1st October, 2024 Rohit had given a loan of ₹ 2,00,000 to the firm, at…1 mk
- Q9Sameer, Rajat and Aastha were partners in a firm sharing profits and losses in the ratio of 2:3:1. Rajat retired from…1 mk
- Q9Dharam, Karam and Raman were partners in a firm sharing profits and losses in the ratio of 7: 8: 5. On 31st March,…1 mk
- Q10Asha, Manan and Niyati were partners in a firm sharing profits and losses in the ratio of 3: 2: 1. With effect from 1st…1 mk
- Q10Ravi, Sunil and Amit were partners in a firm sharing profits and losses in the ratio of 4: 3: 5. On 1st April, 2025,…1 mk
- Q10Munna and Sonu were partners in a firm sharing profits and losses in the ratio of 4: 1. Their fixed capitals were ₹…1 mk
- Q10Assertion: In case of admission of a new partner in the partnership firm, there is a need to ascertain the new profit…1 mk
- Q10There are two statements Assertion and Reason (R): Assertion: Partnership Agreement becomes the basis of relationship…1 mk
- Q10Chaman, Raman and Suman were partners in a firm sharing profits and losses in the ratio of 5: 3: 2. With effect from…1 mk
- Q10Ravi, Sohan and Neena were partners in a firm sharing profits and losses in the ratio of 5: 3: 2. On 1st April 2025,…1 mk
- Q10There are two statements Assertion and Reason (R): Assertion: At the time of admission of a new partner in a…1 mk
- Q10When capitals of the partners are fluctuating, then the adjustments for drawings, interest on drawings, interest on…1 mk
- Q10Reserve capital is that portion of the capital that can be called only in the event of winding up of the company. OR…1 mk
- Q10If 600 shares of ₹ 10 each, issued at a premium of ₹ 1 per share are forfeited on which ₹ 8 per share (including…1 mk
- Q10Sameer, Rajat and Aastha were partners in a firm sharing profits and losses in the ratio of 2:3:1. Rajat retired from…1 mk
- Q10Nidhi and Kunal were partners in a firm sharing profits and losses in the ratio of 4: 1. Their capitals were ₹ 3,00,000…1 mk
- Q10Nandita and Prabha were partners in a firm manufacturing furniture. They were sharing profits and losses in the ratio…1 mk
- Q10Amita, Shivani and Tarush were partners in a firm sharing profits and losses in the ratio of 4:3:2. Tarush's share of…1 mk
- Q11Dinesh, Siddharth and Naina were partners in a firm sharing profits and losses in the ratio of 5: 3: 2. On 31st March,…1 mk
- Q11John, Honey and Racob were partners in a firm sharing profits and losses equally. On 31st July, 2025 John died. His…1 mk
- Q11Paramount Ltd. forfeited 2,000 equity shares of 100 each, 80 T f called up, issued at a premium of 10%, for non-payment…1 mk
- Q11As per Companies Act 2013, the balance in Securities Premium Account cannot be utilized for: OR When the company issues…1 mk
- Q116,000 shares of 25 each were forfeited for non-payment of final T call money of 5 per share. The maximum discount that…1 mk
- Q11Sujata and Laxmi were partners in a firm sharing profits and losses in the ratio of 2: 1. On 1st April, 2025, they…1 mk
- Q11On 1st April, 2024 Vinar Ltd. issued ₹ 5,00,000, 9% debentures of 3 100 each at 10% discount. Interest is payable half…1 mk
- Q11On 1st April, 2024, Dina Ltd. issued 8,000, 9% debentures of ₹ 100 each at a discount of 6%. The total amount of…1 mk
- Q11Dharam and Karan were partners in a firm sharing profits and losses in the ratio of 7: 3. On 1st April, 2025, they…1 mk
- Q11A business earned an average profit of ₹ 2,00,000 during the last few years. The value of net assets of the business is…1 mk
- Q11Amita, Shivani and Tarush were partners in a firm sharing profits and losses in the ratio of 4:3:2. Tarush's share of…1 mk
- Q11Merak Ltd. forfeited 6,000 equity shares of T 10 each for non-payment of final call of 3 per share. The minimum amount…1 mk
- Q11Nigam Ltd. issued 40,000, 11% Debentures of 100 each at a certain rate T of discount. The debentures were to be…1 mk
- Q11On IS April, 2024, Kedar Ltd. issued 7,000, 8% debentures of ₹ 100 each at a discount of 10%. The total amount of…1 mk
- Q11On 1st April, 2024, Rajat Ltd. issued 6,000, 10% debentures of ₹ 100 each at a discount of 8%. The total amount of…1 mk
- Q12Dilshad, Ajit and Deepna were partners in a firm sharing profits and losses in the ratio of 2:2:1. Their fixed capitals…1 mk
- Q12On 1st April, 2024, DD Ltd. issued 2,000, 9% Debentures of t 50 each at a premium of 5%, redeemable at a premium of "f…1 mk
- Q12Bishan Ltd. acquired assets worth ₹ 12,60,000 and took over liabilities of ₹ 2,40,000 of Nimi Ltd. for a purchase…1 mk
- Q12Manas Ltd. issued 60,000, 10% Debentures of T 100 each at a premium of 8%, redeemable at a premium of 5%. 'Loss on…1 mk
- Q12Deep Ltd. issued 6,000, 9% Debentures of 500 each at 490 per T T debenture. 9% Debentures Account will be credited by:1 mk
- Q12Novelty Ltd. issued 3,000, 11% Debentures of 500 each at 450 per T t debenture. 11% Debentures Account will be credited…1 mk
- Q12Tarun and Tej were partners in a Firm sharing profits and losses in the ratio of 3: 2. On 1st April 2024, Tej had given…1 mk
- Q12On 1st April, 2024 Vinar Ltd. issued ₹ 5,00,000, 9% debentures of ₹ 100 each at 10% discount. Interest is payable half…1 mk
- Q12Delta Ltd. issued 5,000, 10% Debentures of 500 each at 450 per T T debenture. 10% Debentures Account will be credited…1 mk
- Q12Sakshi Ltd. forfeited 500 equity shares of ₹ 10 each, issued at a premium of ₹ 2 per share for non-payment of second…1 mk
- Q12On 1st April, 2024, MM Ltd. issued 4,000, 9% Debentures of 50 each at a premium of 5%, redeemable at a premium of 10…1 mk
- Q12Nishi Ltd. issued 80,000, 11% Debentures of T 100 each at a premium of 9%, redeemable at a premi um of 7%. 'Loss on…1 mk
- Q12On 1st April, 2024, EE Ltd. issued 3,000, 9% Debentures of t 50 each at a premium of 5%, redeemable at a premium of T…1 mk
- Q12Amik Ltd. issued 70,000, 9% Debentures of 100 each at a premium of T 5%, redeemable at a premium of 10%. 'Loss on Issue…1 mk
- Q12If 600 shares of ₹ 10 each, issued at a premium of ₹ 1 per share are forfeited on which ₹ 8 per share (including…1 mk
- Q13Arora and Gurmeet were partners in a firm sharing profits and losses in the ratio of 3: 2. Starting from 1st October,…1 mk
- Q13Sana Ltd. purchased assets of ₹ 19,00,000 from MN Ltd. Sana Ltd. issued 10% Debentures of 100 each at a discount of 5%…1 mk
- Q13Soni and Kush were partners in a firm sharing profits and losses in the ratio of 4: 5. Hitesh was admitted as a new…1 mk
- Q13In case of dissolution of a partnership firm, the losses, including deficiencies of capital, shall be paid first:1 mk
- Q13Mogra Ltd. purchased assets of ₹ 14,40,000 from DK Ltd. It issued 9% Debentures of 100 each at a discount of 4% in full…1 mk
- Q13Ravi, Sunil and Amit were partners in a firm sharing profits and losses in the ratio of 4: 3: 5. On 1st April, 2025,…1 mk
- Q13Tarun and Tej were partners in a firm sharing profits and losses in the ratio of 3: 2. On 1st April 2024, Tej had given…1 mk
- Q13Navya, Kartik and Saris were partners in a firm sharing profits and losses in the ratio of 4:3:1. Samir was given a…1 mk
- Q13Surya Ltd. issued 50,000 equity shares of ₹ 10 each. The amount was payable as follows: on Application - ₹ 3 per share…1 mk
- Q13Misha Ltd. purchased assets of ₹ 18,80,000 from Vibo Ltd. Misha Ltd. issued 11% Debentures of T 100 each at a discount…1 mk
- Q13Bishan Ltd. acquired assets worth ₹ 12,60,000 and took over liabilities of ₹ 2,40,000 of Nimi Ltd. for a purchase…1 mk
- Q13Reena and Teena were partners in a firm sharing profits and losses in the ratio of 2: 1. Teena withdrew ₹ 20,000 at the…1 mk
- Q13A portion of the uncalled capital reserved by a company to be called only in the event of winding up of the company is…1 mk
- Q13Universal Ltd. took over machinery of ₹ 3,30,000, furniture of 1,60,000 and liabilities of 80,000 from Amol Ltd. for a…1 mk
- Q13Reserve capital is that portion of the capital that can be called only in the event of winding up of the company. OR…1 mk
- Q14Atul, Bajaj and Madan were partners in a firm sharing profits and losses in the ratio of 1: 2: 5. The partnership deed…1 mk
- Q14Assertion.. The retiring partner or the executors of the deceased partner are entitled to their share of goodwill at…1 mk
- Q14Hira Ltd. invited applications for issuing 2,00,000 equity shares of ₹ 10 each at a premium of 10%. The whole amount…1 mk
- Q14Disha Ltd. purchased furniture worth ₹ 2,85,000 from Gupta Ltd. The purchase consideration was paid by issue of 7%…1 mk
- Q14Glaze Ltd. purchased land and building worth ₹ 3,84,000 from Sia Ltd. The purchase consideration was paid by issue of…1 mk
- Q14There are two statements Assertion and Reason (R): Assertion: At the time of admission of a new partner in a…1 mk
- Q14John, Honey and Racob were partners in a firm sharing profits and losses equally. On 31st July, 2025 John died. His…1 mk
- Q14On 31st March, 2025, the partnership between Hari and Om was dissolved. Hari was appointed to look after dissolution…1 mk
- Q14On 1st April, 2024, Mobi Ltd. issued 3,000, 9% Debentures of ₹ 1,000 each at a premium of 5%. The total amount of…1 mk
- Q14Devki and Neena were partners in a firm sharing profits and losses in the ratio of 4:3. Amar was admitted as a new…1 mk
- Q14White Ltd. purchased Plant and Machinery worth ₹ 3,96,000 from Nath Ltd. The purchase consideration was paid by issue…1 mk
- Q14At the time of forfeiture of shares, 'Share Capital Account' is debited with:1 mk
- Q14Which of the following is not correct about collateral security? OR 'A company is formed according to the provisions of…1 mk
- Q14Soni and Kush were partners in a firm sharing profits and losses in the ratio of 4: 5. Hitesh was admitted as a new…1 mk
- Q14Sid hi, Gyan and Gayatri were partners in a firm sharing profits and losses in the ratio of 3: 2: 2. On 31st March,…1 mk
- Q15Assertion '. The retiring partner or the executors of the deceased partner are entitled to their share of goodwill at…1 mk
- Q15Ravi, Sohan and Neena were partners in a firm sharing profits and losses in the ratio of 5: 3: 2. On 1st April 2025,…1 mk
- Q15Chandan, Ravi and Mahesh were partners in a firm sharing profits and losses in the ratio of 5: 4: 1. From 1st April,…1 mk
- Q15Paramount Ltd. forfeited 2,000 equity shares of 100 each, 80 T T called up, issued at a premium of 10%, for non-payment…1 mk
- Q15Merak Ltd. forfeited 6,000 equity shares of T 10 each for non-payment of final call of 3 per share. The minimum amount…1 mk
- Q15Sushil and Sapna were partners in a firm sharing profits and losses in the ratio of 3: 2. On 31st March, 2025, the firm…1 mk
- Q15Atul and Nisha were partners in a firm sharing profits and losses in the ratio of 4: 1. Their capitals were ₹ 1,20,000…1 mk
- Q15Which of the following is not correct about collateral security? OR 'A company is formed according to the provisions of…1 mk
- Q15Chaman and Vatika were partners in a firm sharing profits and losses in the ratio of 4: 5. They admitted Mohan as a new…1 mk
- Q15Reena and Teena were partners in a firm sharing profits and losses in the ratio of 2: 1. Teena withdrew 20,000 at the…1 mk
- Q15Xiom Ltd. issued 30,000, 12% debentures of ₹ 100 each at a certain rate of discount, redeemable at 10% premium after…1 mk
- Q15Assertion: In case of admission of a new partner in the partnership firm, there is a need to ascertain the new profit…1 mk
- Q15Vani, Vanya and Ajay were partners in a firm sharing profits and losses in the ratio of 5:3:2. Vani retired and her…1 mk
- Q15Sudama, Sharma and Varun were partners in a firm sharing profits and losses in the ratio of 6: 4: 3. Sharma retired…1 mk
- Q15Assertion: Goodwill is an intangible asset. Reason (R): Goodwill is the value of the reputation of a firm in respect of…1 mk
- Q16Anchal, Prabhat and Karan were partners in a firm sharing profits and losses in the ratio of 3: 2: 1. On 31st March,…1 mk
- Q16Tula, Ram and Madhvi were partners in a arm. The partnership deed provided for interest on partners drawings @ 12% p.a.…1 mk
- Q16Devki and Neena were partners in a firm sharing profits and losses in the ratio of 4:3. Amar was admitted as a new…1 mk
- Q16Chandan, Ravi and Mahesh were partners in a firm sharing profits and losses in the ratio of 5: 4: 1. From 1st April,…1 mk
- Q16Chaman, Raman and Suman were partners in a firm sharing profits and losses in the ratio of 5: 3: 2. With effect from…1 mk
- Q16P, Q and R were partners in a firm sharing profits and losses in the ratio of 6: 5: 4. They admitted S as a new partner…1 mk
- Q16Rohan and Meeta were partners in a firm sharing profits and losses in the ratio of 5: 4. Their capitals were ₹ 3,00,000…1 mk
- Q16Vani, Vanya and Ajay were partners in a firm sharing profits and losses in the ratio of 5:3:2. Vani retired and her…1 mk
- Q16Shaurya, Morya and Gaurav were partners in a firm sharing profits and losses in the ratio of 3: 2: 1. On 31st March,…1 mk
- Q16Dharam and Karan were partners in a firm sharing profits and losses in the ratio of 7: 3. On 1st April, 2025, they…1 mk
- Q16Anita and Priyal were partners in a firm sharing profits and losses in the ratio of 3: 2. On 1st April, 2024, their…1 mk
- Q16Yashoda and Devi were partners in a firm sharing profits and losses in the ratio of 3: 2. On 31st March, 2025, their…1 mk
- Q16Raha, Naveen and Vandana were partners in a firm sharing profits and losses equally. Naveen retired on 31st March,…1 mk
- Q16Lalita, Shivani and Madhuri were partners in a firm sharing profits and losses in the ratio of 3: 2: 1. Madhuri retired…1 mk
- Q16Zubin, Nidhi and Reena were partners in a firm sharing profits and losses in the ratio of 2:1:2. The firm closes its…1 mk
- Q17Namita, Narendra and Kunwar were partners in a firm sharing profits and losses in the ratio of 3: 1: 1. The firm closes…3 mk
- Q17Bose and Roy were partners in a firm sharing profits and losses in the ratio of 2:1. Bose withdrew the following…3 mk
- Q17Tanvi, Manvi and Noori were partners in a firm sharing profits and losses in the ratio of 5: 3: 2. On 1st April, 2025,…3 mk
- Q17Gupta and Veena were partners in a firm sharing profits and losses in the ratio of 2:1. Gupta withdrew the following…3 mk
- Q17Rosy, Golu and Sonu were partners in a firm sharing profits and losses equally. On 31st March, 2023, Sonu retired. On…3 mk
- Q17Average profit of a firm during the last few years is ₹ 4,00,000. In similar business, the normal rate of return is 10%…3 mk
- Q17Average profit of a firm during the last few years is ₹ 8,00,000. In similar business, the normal rate of return is 10%…3 mk
- Q17Namita, Narendra and Kunwar were partners in a firm sharing profits and losses in the ratio of 3: 1: 1. The firm closes…3 mk
- Q17Average profit of a firm during the last few years is ₹ 11,00,000. In similar business, the normal rate of return is…3 mk
- Q17Shubh, Vansh and Veer were partners in a firm sharing profits and losses equally. On 31st March, 2023, Vansh retired.…3 mk
- Q17Kiara Ltd. purchased assets worth 12,40,000 and took over liabilities of 3,40,000 of Amrex Ltd. for a purchase…3 mk
- Q17Nandini and Reva were partners in a firm sharing profits and losses in the ratio of 5:23. Nandini withdrew the…3 mk
- Q17Aarav, Karan and Meera were partners in a firm sharing profits and losses equally. On 31st March, 2023, Karan retired.…3 mk
- Q17Rani, Megha and Mahan were partners in a firm sharing profits and losses in the ratio of 2: 2: 1. On 1st April, 2025,…3 mk
- Q17Tara, Meera and Neera were partners in a firm sharing profits and losses equally. Their capitals on 1st April, 2025…3 mk
- Q18Raunak Cotton Ltd. purchased machinery of ₹ 6,80,000 from Heavy Machines Ltd. The Payment to Heavy Machines Ltd. was…3 mk
- Q18Raunak Cotton Ltd. purchased machinery of ₹ 6,80,000 from Heavy Machines Ltd. The Payment to Heavy Machines Ltd. was…3 mk
- Q18Aastha, Diya and Mohit were partners in a firm sharing profits and losses in the ratio of 5: 3: 2. On 31st March, 2025…3 mk
- Q18Naik, Vinay and Vibhuti were partners in a firm sharing profits and losses in the ratio of 4: 2: 3. On 31st March,…3 mk
- Q18Century Ltd. forfeited 5,000 shares of 100 each issued at 40% T premium for non-payment of allotment money of T 35 per…3 mk
- Q18Sultan, Singh and Tutsi were partners in a firm sharing profits and losses in the ratio of 9: 7: 4. Their fixed…3 mk
- Q18Sarita and Veena were partners in a firm sharing profits and losses in the ratio of 3:2. The balance in their capital…3 mk
- Q18Rohit, Ashish and Sameer entered into a partnership on 1st October, 2024 with capitals of 12,00,000; % 6,00,000 and…3 mk
- Q18Century Ltd. forfeited 5,000 shares of 100 each issued at 40% T premium for non-payment of allotment money of T 35 per…3 mk
- Q18Jatin, Karan and Sia were partners in a firm sharing profits and losses in the ratio of 2: 2: 1. On 31st March, 2025,…3 mk
- Q18Oasis Ltd. purchased building worth ₹ 12,00,000, machinery worth 1,90,000 and furniture worth ₹ 3,00,000 from Nitara…3 mk
- Q18Miraya Ltd. took over assets of ₹ 70,00,000 and liabilities of ₹ 12,00,000 of Vishal Ltd. for a purchase consideration…3 mk
- Q18Laxmi, Rani and Priya were partners in a firm sharing profits and losses in the ratio of 5: 7: 8. Their fixed capitals…3 mk
- Q18Sarita and Veena were partners in a firm sharing profits and losses in the ratio of 3:2. The balance in their capital…3 mk
- Q18Laxmi, Rani and Priya were partners in a firm sharing profits and losses in the ratio of 5: 7: 8. Their fixed capitals…3 mk
- Q19Miraya Ltd. took over assets of ₹ 70,00,000 and liabilities of ₹ 12,00,000 of Vishal Ltd. for a purchase consideration…3 mk
- Q19Sanjana and Mehul were partners in a firm sharing profits and losses in the ratio of 4: 1. From 1st April, 2025, they…3 mk
- Q19Raunak Cotton Ltd. purchased machinery of ₹ 6,80,000 from Heavy Machines Ltd. The Payment to Heavy Machines Ltd. was…3 mk
- Q19Miraya Ltd. took over assets of ₹ 70,00,000 and liabilities of ₹ 12,00,000 of Vishal Ltd. for a purchase consideration…3 mk
- Q19Oasis Ltd. purchased building worth ₹ 12,00,000, machinery worth ₹ 1,90,000 and furniture worth ₹ 3,00,000 from Nitara…3 mk
- Q19Sultan, Singh and Tulsi were partners in a firm sharing profits and losses in the ratio of 9: 7: 4. Their fixed…3 mk
- Q19Kiara Ltd. purchased assets worth ₹ 12,40,000 and took over liabilities of 3,40,000 of Amrex Ltd. for a purchase…3 mk
- Q19Kiara Ltd. purchased assets worth 12,40,000 and took over liabilities of 3,40,000 of Amrex Ltd. for a purchase…3 mk
- Q19Laxmi, Rani and Priya were partners in a firm sharing profits and losses in the ratio of 5: 7: 8. Their fixed capitals…3 mk
- Q19Namita, Narendra and Kunwar were partners in a firm sharing profits and losses in the ratio of 3: 1: 1. The firm closes…3 mk
- Q19Oasis Ltd. purchased building worth ₹ 12,00,000, machinery worth ₹ 1,90,000 and furniture worth ₹ 3,00,000 from Nitara…3 mk
- Q19Sakshi and Anumita were partners in a firm sharing profits and losses in the ratio of 2: 3. From 1st April, 2025, they…3 mk
- Q19Chaitanya and Divya were partners in a firm sharing profits and losses in the ratio of 2: 1. From 1st April 2025, they…3 mk
- Q19Sarita and Veena were partners in a firm sharing profits and losses in the ratio of 3:2. The balance in their capital…3 mk
- Q19Sultan, Singh and Tutsi were partners in a firm sharing profits and losses in the ratio of 9: 7: 4. Their fixed…3 mk
- Q20Century Ltd. forfeited 5,000 shares of 100 each issued at 40% t premium for non-payment of allotment money of T 35 per…3 mk
- Q20Nandini, Shweta and Hiren were partners in a firm sharing profits and losses in the ratio of 9: 7: 4. On 1st April,…3 mk
- Q20Average profits of a firm during the last few years were ₹ 3,20,000. The normal rate of return in a similar business is…3 mk
- Q20Average profits of a firm during the last few years were ₹ 80,000. The normal rate of return in a similar business is…3 mk
- Q20Anita, Gaurav and Suresh were partners in a firm sharing profits and losses in the ratio of 4: 3: 3. On 1st April,…3 mk
- Q20Shree and Hari were partners in a firm sharing profits and losses in the ratio of 2: 3. Their fixed capitals were ₹…3 mk
- Q20Dhruv and Seema were partners in a firm sharing profits and losses in the ratio of 2: 3. Their capitals were 18,00,000…3 mk
- Q20Diksha, Raj and Amit were partners in a firm sharing profits and losses in the ratio of 6: 3: 1. On 1st pril, 2025 Amit…3 mk
- Q20Rohit, Ashish and Sameer entered into a partnership on 1st October, 2024 with capitals of 12,00,000; ₹ 6,00,000 and ₹…3 mk
- Q20Rita and Mohit were partners in a firm sharing profits and losses in the ratio of 7: 3. Their capitals were ₹ 7,00,000…3 mk
- Q20Average profits of a firm during the last few years were ₹ 1,60,000. The normal rate of return in a similar business is…3 mk
- Q20Rohit, Ashish and Sameer entered into a partnership on 1st October, 2024 with capitals of ₹ 12,00,000; 6,00,000 and ₹…3 mk
- Q20Sudhir and Rajeev were partners in a firm sharing profits and losses in the ratio of 4: 3. Their partnership deed…3 mk
- Q20Aditya and Anand were partners in a firm sharing profits and losses in the ratio of 4: 1. The partnership deed provided…3 mk
- Q20Akash and Mita were partners in a firm sharing profits and losses in the ratio of 5: 3. Their capitals were ₹ 9,00,000…3 mk
- Q21Pass necessary journal entries in the books of Mitali Ltd. for issue of debentures in the following cases: (i) Issued…4 mk
- Q21On 1st April, 2024 Divya Ltd. invited applications for issuing 10,000, 8% debentures of ₹ 10 each at a discount of 6%.…4 mk
- Q21Pass necessary journal entries in the books of Mitali Ltd. for issue of debentures in the following cases: (i) Issued…4 mk
- Q21On 1st April, 2024, Smaran Ltd. issued 60,000, 11% Debentures of 100 t each at a premium of 10%, redeemable at par…4 mk
- Q21On 1st April, 2024 Bhumika Ltd. issued 500, 9% debentures of ₹ 500 each at a discount of 10% redeemable at a premium of…4 mk
- Q21Pass necessary journal entries for issue of debentures for the following transactions: (i) KL Ltd. issued 80,000, 9%…4 mk
- Q21Pass the necessary journal entries for the following transactions on the dissolution of the partnership firm of Arjuna…4 mk
- Q21Pass necessary journal entries for issue of debentures for the following transactions: (i) AB Ltd. issued 30,000, 10%…4 mk
- Q21Pass necessary journal entries for issue of debentures for the following transactions: (i) AB Ltd. issued 30,000, 10%…4 mk
- Q21Pass necessary journal entries for issue of debentures for the following transactions: (i) AS Ltd. issued 60,000, 9%…4 mk
- Q21Pass necessary journal entries for issue of debentures for the following transactions: (i) AB Ltd. issued 30,000, 10%…4 mk
- Q21Pass necessary journal entries for the issue of debentures for the following transactions: (i) XS Ltd. issued 40,000,…4 mk
- Q21On 1st April, 2024, Kavita Ltd. issued 40,000, 9% Debentures of t 100 each at a premium of 8%, redeemable at par after…4 mk
- Q21On 1st April 2024, Yash Ltd. invited applications for issuing 20,000, 9% debentures of ₹ 100 each at a discount of 6%.…4 mk
- Q21On 1st April, 2024, Deendayal Ltd. issued 80,000, 10% Debentures of t 100 each at a premium of 9%, redeemable at par…4 mk
- Q22Kiran, Raveena and Hina were partners in a firm sharing profits and losses in the ratio of 5: 3: 2. The firm closes its…4 mk
- Q22Jain and Gupta were partners in a firm sharing profits and losses in the ratio of 3: 1. On 1st April, 2024, Agarwal was…4 mk
- Q22Anmol, Kapeesh and Meera were partners in a firm sharing profits and losses in the ratio of 4: 3: 3. The firm closes…4 mk
- Q22Anmol, Kapeesh and Meera were partners in a firm sharing profits and losses in the ratio of 4: 3: 3. The firm closes…4 mk
- Q22Raman, Daman and Vikram were partners in a firm sharing profits and losses in the ratio of 5: 4: 1. On 31st March,…4 mk
- Q22Kiran, Raveena and Hint were partners in a firm sharing profits and losses in the ratio of 5: 3: 2. The firm closes its…4 mk
- Q22Vikas, Saurav and Govind were partners in a firm sharing profits and losses in the ratio of 2: 3: 5. On 31st March,…4 mk
- Q22Jain and Gupta were partners in a firm sharing profits and losses in the ratio of 3: 1. On 1st April, 2024, Agarwal was…4 mk
- Q22Kiran, Raveena and Hina were partners in a firm sharing profits and losses in the ratio of 5: 3: 2. The firm closes its…4 mk
- Q22Pass the necessary journal entries for the following transactions on the dissolution of the partnership firm of Arjuna…4 mk
- Q22Pass the necessary journal entries for the following transactions on the dissolution of the partnership firm of Arjuna…4 mk
- Q22Pass necessary journal entries in the books of Mitali Ltd. for issue of debentures in the following cases: (i) Issued…4 mk
- Q22Jain and Gupta were partners in a firm sharing profits and losses in the ratio of 3: 1. On 1st April, 2024, Agarwal was…4 mk
- Q22Namrata, Bhavi and Surbhi were partners in a firm sharing profits and losses in the ratio of 5: 3: 2. On 31st March,…4 mk
- Q22Anmol, Kapeesh and Meera were partners in a firm sharing profits and losses in the ratio of 4: 3: 3. The firm closes…4 mk
- Q23Asha and Indra were partners in a firm sharing profits and losses in the ratio of 3: 2. Their Balance Sheet on 31st…6 mk
- Q23Ajanta Ltd. invited applications for issuing 30,000 equity shares of T 10 each at a premium of 5 per share. The amount…6 mk
- Q23T 23. Diwan Ltd. was registered with an authorised capital of 1,00,00,000, divided into 1,00,000 equity shares of 100…6 mk
- Q23Astha Ltd. invited applications for issuing 1,00,000 equity shares of 10 each. The amount per share was payable as…6 mk
- Q23Rad fey Ltd. has an authorized capital of ₹ 50,00,000 divided into equity shares of ₹ 100 each. The company invited…6 mk
- Q23Seema and Raveena were partners in a firm sharing profits and losses in the ratio of 11: 9. On 3151 March, 2025, their…6 mk
- Q23Shanta Ltd. has an authorized capital of ₹ 30,00,000 divided into equity shares of ₹ 100 each. The company invited…6 mk
- Q23Anand and Bir were partners in a firm sharing profits and losses in the ratio of 3: 2. On 31st March, 2025, their…6 mk
- Q23Suvan and Shivam were partners in a firm sharing profits and losses in the ratio of 3: 7. On 31st March, 2025, their…6 mk
- Q23Suvasita Ltd. has an authorized capital of ₹ 40,00,000 divided into equity shares of ₹ 100 each. The company invited…6 mk
- Q23Bright Motors Ltd. was registered with an authorised capital of s 10,00,00,000 divided into equity shares of 2 100…6 mk
- Q23Madhav Ltd. invited applications for issuing 4,00,000 equity shares of 10 each at a premium of 4 per share. The amount…6 mk
- Q23Arjun and Kavya were partners in a firm sharing profits and losses in the ratio of 3: 2. Their Balance Sheet as at 31st…6 mk
- Q23Sophia and Lalit were partners in a firm sharing profits and losses equally. Their firm was dissolved on 31st March,…6 mk
- Q23Ravneet and Mar meet were partners in a firm sharing profits and losses in the ratio of 7: 3. On 31st March, 2025,…6 mk
- Q24Sanjay and Vijay were partners in a firm sharing profits and losses in the ratio of 4: 3. On 1st April, 2025 they…6 mk
- Q24Maya Ltd. was registered with an authorised capital of ₹ 30,00,000 divided into shares of ₹ 10 each. On 1st April,…6 mk
- Q24Ajanta Ltd. invited applications for issuing 30,000 equity shares of T 10 each at a premium of 5 per share. The amount…6 mk
- Q24Arjun and Kavya were partners in a firm sharing profits and losses in the ratio of 3: 2. Their Balance Sheet as at 31st…6 mk
- Q24Mohit, Anisha and Shivam were partners in a firm sharing profits and losses in the ratio of 4:3:2. On 30th September,…6 mk
- Q24Astha Ltd. invited applications for issuing 1,00,000 equity shares of 10 each. The amount per share was payable as…6 mk
- Q24Astha Ltd. was registered with an authorised capital of ₹ 20,00,000 divided into shares of ₹ 10 each. On 1st April,…6 mk
- Q24Dharma Ltd. was registered with an authorised capital of ₹ 30,00,000 divided into 3,00,000 equity shares of ₹ 10 each.…6 mk
- Q24Amish, Bindu and Chandni were partners in a firm sharing profits and losses in the ratio of 2:2:1. Amish died on 31st…6 mk
- Q24Generic Pharma Ltd. invited applications for using 3,00,000 equity shares of ₹ 10 each at a premium of ₹ 6 per share.…6 mk
- Q24Promil, Kamlesh and Ritika were partners in a firm sharing profits and losses in the ratio of 5: 3: 2. From 1st April,…6 mk
- Q24Asha and Indra were partners in a firm sharing profits and losses in the ratio of 3: 2. Their Balance Sheet on 31st…6 mk
- Q24Diksha Ltd. was registered with an authorised capital of ₹ 40,00,000 divided into shares of 10 each. On 1st April,…6 mk
- Q24Bright Motors Ltd. was registered with an authorised capital of ₹ 10,00,00,000 divided into equity shares of T 100…6 mk
- Q24Gautama, Kunal and Abhay were partners in a firm sharing profits and losses in the ratio of 3:2:2. On 315 July, 2023,…6 mk
- Q25Dharma Ltd. was registered with an authorised capital of ₹ 30,00,000 divided into 3,00,000 equity shares of ₹ 10 each.…6 mk
- Q25Bright Motors Ltd. was registered with an authorised capital of 10,00,00,000 divided into equity shares of 100 each.…6 mk
- Q25Anand and Bir were partners in a firm sharing profits and losses in the ratio of 3: 2. On 31st March, 2025, their…6 mk
- Q25Madhav Ltd. invited applications for issuing 4,00,000 equity shares of 10 each at a premium of 4 per share. The amount…6 mk
- Q25Pass necessary journal entries for forfeiture and reissue of forfeited shares in the following cases: (i) Sanya Ltd.…6 mk
- Q25Pass necessary journal entries for forfeiture and reissue of forfeited shares in the following cases: (i) Sanya Ltd.…6 mk
- Q25Diwan Ltd. was registered with an authorised capital of ₹ 1,00,00,000, divided into 1,00,000 equity shares of T 100…6 mk
- Q25Sophia and Lalit were partners in a firm sharing profits and losses equally. Their firm was dissolved on 31st March,…6 mk
- Q25Ajanta Ltd. invited applications for issuing 30,000 equity shares of T 10 each at a premium of 5 per share. The amount…6 mk
- Q25Sanjay and Vijay were partners in a firm sharing profits and losses in the ratio of 4: 3. On 1st April, 2025 they…6 mk
- Q25Mitali and Kazan were partners in a firm sharing profits and losses in the ratio of 3:2. Their Balance Sheet as on 31st…6 mk
- Q25Astha Ltd. invited applications for issuing 1,00,000 equity shares of 10 each. The amount per share was payable as…6 mk
- Q25Promil, Kamlesh and Ritika were partners in a firm sharing profits and losses in the ratio of 5: 3: 2. From 1st April,…6 mk
- Q25Arjun and Kavya were partners in a firm sharing profits and losses in the ratio of 3: 2. Their Balance Sheet as at 31st…6 mk
- Q25Generic Pharma Ltd. invited applications for using 3,00,000 equity shares of ₹ 10 each at a premium of ₹ 6 per share.…6 mk
- Q26Madhav Ltd. invited applications for issuing 4,00,000 equity shares of 10 each at a premium of 4 per share. The amount…6 mk
- Q26Mitali and Karan were partners in a firm sharing profits and losses in the ratio of 3:2. Their Balance Sheet as on 315…6 mk
- Q26Diwan Ltd. was registered with an authorised capital of ₹ 1,00,00,000, divided into 1,00,000 equity shares of T 100…6 mk
- Q26Saket and Suveni were partners in a firm sharing profits and losses in the ratio of 3: 2. Their Balance Sheet as at…6 mk
- Q26Asha and Indra were partners in a firm sharing profits and losses in the ratio of 3: 2. Their Balance Sheet on 31st…6 mk
- Q26Mitali and Kazan were partners in a firm sharing profits and losses in the ratio of 3:2. Their Balance Sheet as on 313…6 mk
- Q26Dharma Ltd. was registered with an authorised capital of ₹ 30,00,000 divided into 3,00,000 equity shares of ₹ 10 each.…6 mk
- Q26Anand and Bir were partners in a firm sharing profits and losses in the ratio of 3: 2. On 31st March, 2025, their…6 mk
- Q26Pass necessary journal entries for forfeiture and reissue of forfeited shares in the following cases: (i) Sanya Ltd.…6 mk
- Q26Arhan and Kanak were partners in a firm sharing profits and losses in the ratio of 3: 2. Their Balance Sheet as at 31st…6 mk
- Q26Promil, Kamlesh and Ritika were partners in a firm sharing profits and losses in the ratio of 5: 3: 2. From 1st April,…6 mk
- Q26Sanjay and Vijay were partners in a firm sharing profits and losses in the ratio of 4: 3. On 1st April, 2025 they…6 mk
- Q26Generic Pharma Ltd. invited applications for using 3,00,000 equity shares of ₹ 10 each at a premium of ₹ 6 per share.…6 mk
- Q26Sophia and Lalit were partners in a firm sharing profits and losses equally. Their firm was dissolved on 31st March,…6 mk
- Q26Jhalak and Arsh were partners in a firm sharing profits and losses equally. Their Balance Sheet as at 31st March, 2025…6 mk
- Q27During the year ended 31st March, 2025, H.P. Ltd. paid an interim dividend of 50,00,000. From the following, choose the…1 mk
- Q27Statement - I: In case of non-financial enterprises, receipts of interest and dividend are classified as financing…1 mk
- Q27Statement I: Operating activities are the activities that constitute the primary or main activities of an enterprise.…1 mk
- Q27The accounting software which satisfies the requirement of large business organisations with multiusers and…1 mk
- Q27Which of the following is not a feature of 'Generic' Computerised Accounting Software? OR Identify what will be…1 mk
- Q27Fixed Asset Accounting sub-system generates information about: OR A column chart can be changed to a pie chart because:…1 mk
- Q27In common size income statement, each item is expressed as a percentage of. OR The statements which are useful both in…1 mk
- Q27How is navigation conducted from the first to the last cell in a cluster of data in a column by skipping all the cells…1 mk
- Q27Statement I: Quick Credit Ltd., a finance company, paid interest on borrowings amounting to ₹ 80,000. This will be…1 mk
- Q27It is a widely accepted security control. It uses binary encoding format of storage to offer access to database. It is…1 mk
- Q27Statement - I: In case of non-financial enterprises, receipts of interest and dividend are classified as financing…1 mk
- Q27Statement-I: Cash equivalents mean short term highly liquid investments that are readily convertible into known amounts…1 mk
- Q27Which of the following is a financial statement of a company? OR Which of the following is not a Solvency Ratio?1 mk
- Q27What will be displayed on the screen when Excel does not recognise the text or formula?1 mk
- Q27The Current Ratio of Megh Raj Ltd. is 1 5: 1. Which of the following transactions will reduce the ratio?1 mk
- Q27Which of the following transactions is NOT a cash flow from investing activity? OR Which of the following transactions…1 mk
- Q27Which of the following is not a feature of Tailored accounting software? OR When an arithmetic expression or function…1 mk
- Q27NAME? Error indicates: OR Which of the following statements best describes the purpose of a data vault in an accounting…1 mk
- Q27Which type of software package is suitable for an organization where the volume of accounting transaction is very low…1 mk
- Q27Statement I: In case of non-financial enterprises, payment of interest and dividend are classified as financing…1 mk
- Q27The encryption of data facilitates: OR How many columns exist on Excel 2006 worksheet?1 mk
- Q27From the following information obtained from the books of accounts of Amanda Ltd., calculate 'Quick Ratio' of the…1 mk
- Q27The Debt-Equity Ratio of a company is 2: 1. Which of the following transactions will increase the Debt-Equity Ratio?1 mk
- Q27What is the outcome of an arithmetic expression or function called? OR What value of range look up in VLOOKUP ( ) and…1 mk
- Q27Which financial function calculates the lump-sum amount for series of future payments?1 mk
- Q27Mainly the components of computer are: OR Which of the following is not a part of equity and liability group of…1 mk
- Q27Which of the following statements are correct? I. A low current ratio endangers the business and puts it at risk of…1 mk
- Q27Which chart element details the data values and categories below the chart:1 mk
- Q27'Computerised Accounting System enables changing the volume of data processing in accordance with the size and growth…1 mk
- Q27The process of identifying the financial strengths and weaknesses of the firm by properly establishing relationships…1 mk
- Q28The encryption of data facilitates: OR How many columns exist on Excel 2006 worksheet?1 mk
- Q28The quick ratio of Theta Ltd. is 0.8:1. Which of the following transactions will result in decrease in this ratio?1 mk
- Q28Which chart element details the data values and categories below the chart:1 mk
- Q28Purchase of marketable securities or short term investments are not considered for the preparation of cash flow…1 mk
- Q28In common size income statement, each item is expressed as a percentage of OR The statements which are useful both in…1 mk
- Q28provides additional information about a data marker to identify the details of data point in a data series.1 mk
- Q28Which of the following is not a feature of 'Generic' Computerised Accounting Software? OR Identify what will be…1 mk
- Q28During the year ended 31st March, 2025, H.P. Ltd. paid an interim dividend of 50,00,000. From the following, choose the…1 mk
- Q28Which of the following statements are correct? I. A low current ratio endangers the business and puts it at risk of…1 mk
- Q28The Current Ratio of Megh Raj Ltd. is 1 5: 1. Which of the following transactions will reduce the ratio?1 mk
- Q28The PMT function in MS Excel is used to:1 mk
- Q28Statement I: In case of non-financial enterprises, payment of interest and dividend are classified as financing…1 mk
- Q28How is navigation conducted from the first to the last cell in a cluster of data in a column by skipping all the cells…1 mk
- Q28Which of the following are 'investing activities' for preparation of Cash Flow Statement? (i) Payment of taxes (ii)…1 mk
- Q28Mainly the components of computer are: OR Which of the following is not a part of equity and liability group of…1 mk
- Q28Which of the following is not contained on formula tab on Excel ribbon?1 mk
- Q28The following information is obtained from the books of Devdutt Ltd.: Working capital ₹ 4,00,000 Trade Payables 50,000…1 mk
- Q28It is a widely accepted security control. It uses binary encoding format of storage to offer access to database. It is…1 mk
- Q28The following information was obtained about the cash flows of XYZ Ltd. for the year ended 31st March, 2025: Cash…1 mk
- Q28Which of the following transaction will affect the 'Gross Profit Ratio' of a company: (i) Revenue from operations ₹…1 mk
- Q28A1: E2 refers to:1 mk
- Q28Purchase of marketable securities or short term investments are not considered for the preparation of cash flow…1 mk
- Q28Which of the following are 'investing activities' for preparation of Cash Flow Statement? (i) Payment of taxes (ii)…1 mk
- Q28The Debt-Equity Ratio of a company is 2: 1. Which of the following transactions will increase the Debt-Equity Ratio?1 mk
- Q28Which financial function calculates the lump-sum amount for series of future payments?1 mk
- Q28Statement-I: Cash equivalents mean short term highly liquid investments that are readily convertible into known amounts…1 mk
- Q28Which of the following is not a feature of Tailored accounting software? OR When an arithmetic expression or function…1 mk
- Q28What is the outcome of an arithmetic expression or function called? OR What value of range look up in VLOOKUP ( ) and…1 mk
- Q28Fixed Asset Accounting sub-system generates information about: OR A column chart can be changed to a pie chart because:…1 mk
- Q28Depreciation is generated from which of the following accounting sub- system:1 mk
- Q29Statement-I: Cash equivalents mean short term highly liquid investments that are readily convertible into known amounts…1 mk
- Q29Which of the following transaction will affect the 'Gross Profit Ratio' of a company: (i) Revenue from operations ₹…1 mk
- Q29During the year ended 31st March, 2025, H.P. Ltd. paid an interim dividend of 50,00,000. From the following, choose the…1 mk
- Q29Which type of software package is suitable for an organization where the volume of accounting transaction is very low…1 mk
- Q29How is navigation conducted from the first to the last cell in a cluster of data in a column by skipping all the cells…1 mk
- Q29The quick ratio of Theta Ltd. is 0.8:1. Which of the following transactions will result in decrease in this ratio?1 mk
- Q29Which of the following are 'investing activities' for preparation of Cash Flow Statement? (i) Payment of taxes (ii)…1 mk
- Q29NAME? Error indicates: OR Which of the following statements best describes the purpose of a data vault in an accounting…1 mk
- Q29Statement I: Quick Credit Ltd., a finance company, paid interest on borrowings amounting to ₹ 80,000. This will be…1 mk
- Q29Which of the following transaction will affect the 'Gross Profit Ratio' of a company: (i) Revenue from operations ₹…1 mk
- Q29The following information is obtained from the books of Devdutt Ltd.: Working capital - ₹ 4,00,000 Trade Payables…1 mk
- Q29The Debt-Equity Ratio of a company is 2: 1. Which of the following transactions will increase the Debt-Equity Ratio?1 mk
- Q29Statement I: Operating activities are the activities that constitute the primary or main activities of an enterprise.…1 mk
- Q29provides additional information about a data marker to identify the details of data point in a data series.1 mk
- Q29Which of the following transactions is NOT a cash flow from investing activity? OR Which of the following transactions…1 mk
- Q29The encryption of data facilitates: OR How many columns exist on Excel 2006 worksheet 71 mk
- Q29A1: E2 refers to:1 mk
- Q29Which of the following is not contained on formula tab on Excel ribbon?1 mk
- Q29The accounting software which satisfies the requirement of large business organisations with multiusers and…1 mk
- Q29The following information was obtained about the cash flows of XYZ Ltd. for the year ended 31st March, 2025: Cash…1 mk
- Q29Depreciation is generated from which of the following accounting sub- system:1 mk
- Q29What will be displayed on the screen when Excel does not recognise the text or formula?1 mk
- Q29'Computerised Accounting System enables changing the volume of data processing in accordance with the size and growth…1 mk
- Q29The Current Ratio of Megh Raj Ltd. is 1 5: 1. Which of the following transactions will reduce the ratio?1 mk
- Q29It is a widely accepted security control. It uses binary encoding format of storage to offer access to database. It is…1 mk
- Q29From the following information obtained from the books of accounts of Amanda Ltd., calculate 'Quick Ratio' of the…1 mk
- Q29Purchase of marketable securities or short term investments are not considered for the preparation of cash flow…1 mk
- Q29The PMT function in MS Excel is used to:1 mk
- Q29Which financial function calculates the lump-sum amount for series of future payments?1 mk
- Q29Which chart element details the data values and categories below the chart:1 mk
- Q30Which of the following is not a feature of 'Generic' Computerised Accounting Software? OR Identify what will be…1 mk
- Q30The accounting software which satisfies the requirement of large business organisations with multiusers and…1 mk
- Q30The following information was obtained about the cash flows of XYZ Ltd. for the year ended 31st March, 2025: Cash…1 mk
- Q30Which of the following is a financial statement of a company? OR Which of the following is not a Solvency Ratio?1 mk
- Q30Fixed Asset Accounting sub-system generates information about: OR A column chart can be changed to a pie chart because:…1 mk
- Q30The following information is obtained from the books of Devdutt Ltd.: Working capital ₹ 4,00,000 Trade Payables 50,000…1 mk
- Q30Statement - I: In case of non-financial enterprises, receipts of interest and dividend are classified as financing…1 mk
- Q30Which type of software package is suitable for an organization where the volume of accounting transaction is very low…1 mk
- Q30The process of identifying the financial strengths and weaknesses of the firm by properly establishing relationships…1 mk
- Q30Which of the following statements are correct? I. A low current ratio endangers the business and puts it at risk of…1 mk
- Q30The quick ratio of Theta Ltd. is 0.8:1. Which of the following transactions will result in decrease in this ratio?1 mk
- Q30From the following information obtained from the books of accounts of Amanda Ltd., calculate 'Quick Ratio' of the…1 mk
- Q30Which of the following transactions is NOT a cash flow from investing activity? OR Which of the following transactions…1 mk
- Q30What will be displayed on the screen when Excel does not recognise the text or formula?1 mk
- Q30In common size income statement, each item is expressed as a percentage of. OR The statements which are useful both in…1 mk
- Q30Statement I: Quick Credit Ltd., a finance company, paid interest on borrowings amounting to ₹ 80,000. This will be…1 mk
- Q30Mainly the components of computer are: OR Which of the following is not a part of equity and liability group of…1 mk
- Q30Which of the following is not contained on formula tab on Excel ribbon?1 mk
- Q30NAME? Error indicates: OR Which of the following statements best describes the purpose of a data vault in an accounting…1 mk
- Q30A1: E2 refers to:1 mk
- Q30The process of identifying the financial strengths and weaknesses of the firm by properly establishing relationships…1 mk
- Q30Which of the following is a financial statement of a company? OR Which of the following is not a Solvency Ratio?1 mk
- Q30Statement I: Operating activities are the activities that constitute the primary or main activities of an enterprise.…1 mk
- Q30provides additional information about a data marker to identify the details of data point in a data series.1 mk
- Q30'Computerised Accounting System enables changing the volume of data processing in accordance with the size and growth…1 mk
- Q30Statement I: In case of non-financial enterprises, payment of interest and dividend are classified as financing…1 mk
- Q30The PMT function in MS Excel is used to:1 mk
- Q30Which of the following is not a feature of Tailored accounting software? OR When an arithmetic expression or function…1 mk
- Q30What is the outcome of an arithmetic expression or function called? OR What value of range look up in VLOOKUP ( ) and…1 mk
- Q30Depreciation is generated from which of the following accounting sub- system:1 mk
- Q31Classify the following items under major heads and subheads (if any) in the Balance Sheet of the company as per…3 mk
- Q31The following information was extracted from the Statement of Profit and Loss of Chaman Ltd. for the year ended 31st…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 are the three categories in which accounting entries can be classified while entering them in vouchers?3 mk
- Q31Explain Sequential codes and Block codes with the help of example.3 mk
- Q31What are the three categories in which entries can be classified while making voucher entry?3 mk
- Q31Classify the following items under major heads and sub-heads (if any) in the Balance Sheet of a 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…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
- Q31The following information was extracted from the Statement of Profit and Loss of Chaman Ltd. for the year ended 31st…3 mk
- Q31What are 'Radar Charts'? What purpose do they serve?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
- Q31State any three advantages and three limitations 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 are 'Radar Charts'? What purpose do they serve?3 mk
- Q31Classify the following items under major heads and sub-heads (if any) in the Balance Sheet of a company as per…3 mk
- Q31State any three limitations of Computerised Accounting System.3 mk
- Q31What is meant by codification? Explain the meaning of mnemonic codes with the help of an example.3 mk
- Q31What are the three categories in which entries can be classified while making voucher entry?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 any three features of Computerized Accounting System.3 mk
- Q31Under which major head and sub-heads (if any) will the following items be presented in the Balance Sheet of a company…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 cell reference, absolute cell reference and relative cell reference?3 mk
- Q31What is meant by cell reference, absolute cell reference and relative cell reference?3 mk
- Q31From the following Balance sheets of Royal Sugar Mills Ltd. as at 31st March, 2024 and 2025, prepare a Comparative…3 mk
- Q31Classify the following items under the main heads and sub-heads (if any) of the Company's Balance Sheet according to…3 mk
- Q31What is meant by codification? Explain the meaning of mnemonic codes with the help of an example.3 mk
- Q31What is a 'Radar Chart'? What purpose does it serve?3 mk
- Q31Explain Sequential codes and Block codes with the help of example.3 mk
- Q32From the following Balance Sheets of Bijoy Ltd. as at 31st March 2024 and 2025, prepare a Comparative Balance sheet:…3 mk
- Q32What is meant by cell reference, absolute cell reference and relative cell reference?3 mk
- Q32From the following information of CK Ltd,, prepare a Common Size Statement of Profit and Loss for the year ended 31st…3 mk
- Q32State any three limitations of Computerised Accounting System.3 mk
- Q32The following information was extracted from the Statement of Profit and Loss of Chaman Ltd. for the year ended 31st…3 mk
- Q32Under which major head and sub-heads (if any) will the following items be presented in the Balance Sheet of a company…3 mk
- Q32What are the three categories in which accounting entries can be classified while entering them in vouchers?3 mk
- Q32State any three limitations of Computerised Accounting System.3 mk
- Q32State any three advantages and three limitations of Computerised Accounting System.3 mk
- Q32Explain Sequential codes and Block codes with the help of example.3 mk
- Q32From the following information, prepare a comparative statement of profit and loss of Nexa Ltd. for the year ended 31"…3 mk
- Q32From the following information, prepare a Common Size Statement of Profit and Loss of AG Ltd. for the year ended 31st…3 mk
- Q32Under which major head and sub-heads (if any) will the following items be presented in the Balance Sheet of a company…3 mk
- Q32From the following information of GV Ltd., prepare a Comparative Statement of Profit and Loss for the years ended 31st…3 mk
- Q32Explain any three features of Computerized Accounting System.3 mk
- Q32What are the three categories in which accounting entries can be classified while entering them in vouchers?3 mk
- Q32State any three advantages and three limitations of Computerised Accounting System.3 mk
- Q32What is a 'Radar Chart'? What purpose does it serve?3 mk
- Q32What is meant by codification? Explain the meaning of mnemonic codes with the help of an example.3 mk
- Q32From the following information, prepare a Comparative Statement of Profit and Loss of AX Ltd. for the year ended 31st…3 mk
- Q32What is a 'Radar Chart'? What purpose does it serve?3 mk
- Q32From the following information, prepare a Comparative Statement of Profit and Loss of YX Ltd. for the year ended 31st…3 mk
- Q32Classify the following items under major heads and sub-heads (if any) in. the Balance Sheet of the company as per…3 mk
- Q32Explain any three features of Computerized Accounting System.3 mk
- Q32What are the three categories in which entries can be classified while making voucher entry?3 mk
- Q32From the following information of Kumar Ltd. prepare a Comparative Statement of Profit and Loss for the years ended…3 mk
- Q32From the following information of Dholakia Ltd., prepare a Comparative Statement of Profit and Loss for the year ended…3 mk
- Q32What are 'Radar Charts'? What purpose do they serve?3 mk
- Q32From the following Balance sheets of Royal Sugar Mills Ltd. as at 31st March, 2024 and 2025, prepare a Comparative…3 mk
- Q32From the following balance sheet of Benkley Ltd., prepare a Comparative Balance Sheet: Balance Sheet of Berkley Ltd. as…3 mk
- Q33List the necessary information to be filled by a user on company creation screen. OR What is a Chart/Graph? Explain its…4 mk
- Q33From the following information, calculate 'Interest Coverage Ratio': Shareholders' funds 30,00,000 8% Long-term debt…4 mk
- Q33List the necessary information to be filled by a user on company creation screen. OR What is a Chart/Graph? Explain its…4 mk
- Q33From the following information, calculate 'Interest Coverage Ratio': Shareholders' funds 30,00,000 8% Long-term debt…4 mk
- Q33(i) Calculate Revenue from Operations from the following information: Average inventory 1,20,000 Inventory turnover…4 mk
- Q33What are the options available to select 'Minimum' and 'Maximum' type while changing conditional format? OR The…4 mk
- Q33'Net Asset Turno ve r' ratio of a company is 2 times. State with reason whether the following transactions will…4 mk
- Q33The following information has been obtained from the books of Naval Ltd. Trade receivables turnover ratio of the…4 mk
- Q33What is Text Manipulation Function? Explain its syntax. OR Write the steps to change format of selected chart element.4 mk
- Q33The following information has been obtained from the books of Naval Ltd. Trade receivables turnover ratio of the…4 mk
- Q33What are the options available to select 'Minimum' and 'Maximum' type while changing conditional format? OR The…4 mk
- Q33What is Text Manipulation Function? Explain its syntax. OR Write the steps to change format of selected chart element.4 mk
- Q33From the following information, calculate: (i) Current ratio and (ii) Debt to capital employed ratio Information? Total…4 mk
- Q33Explain any two ways in which Computerized Accounting System safeguards the secrecy of business data. OR Name the table…4 mk
- Q33Give the meaning of the following: (i) Cell reference (ii) Relative cell reference (iii) Absolute cell reference (iv)…4 mk
- Q33The following information has been obtained from the books of Naval Ltd. Trade receivables turnover ratio of the…4 mk
- Q33Explain any two ways in which Computerized Accounting System safeguards the secrecy of business data. OR Name the table…4 mk
- Q33What are the options available to select 'Minimum' and 'Maximum' type while changing conditional format? OR The…4 mk
- Q33From the following information, calculate: (i) Current ratio and (ii) Debt to capital employed ratio Information? Total…4 mk
- Q33Give the meaning of the following: (i) Cell reference (ii) Relative cell reference (iii) Absolute cell reference (iv)…4 mk
- Q33From the following information, calculate 'Interest Coverage Ratio': Shareholders' funds 30,00,000 8% Long-term debt…4 mk
- Q33(i) Calculate Revenue from Operations from the following information: Average inventory 1,20,000 Inventory turnover…4 mk
- Q33What is Text Manipulation Function? Explain its syntax. OR Write the steps to change format of selected chart element.4 mk
- Q33'Net Asset Turno ver ratio of a company is 2 times. State with reason ' whether the following transactions will…4 mk
- Q33From the following information, calculate: (i) Current ratio and (ii) Debt to capital employed ratio Information? Total…4 mk
- Q33Give the meaning of the following: (i) Cell reference (ii) Relative cell reference (iii) Absolute cell reference (iv)…4 mk
- Q33List the necessary information to be filled by a user on company creation screen. OR What is a Chart/Graph? Explain its…4 mk
- Q33'Net Asset Turno ve r' ratio of a company is 2 times. State with reason whether the following transactions will…4 mk
- Q33Explain any two ways in which Computerized Accounting System safeguards the secrecy of business data. OR Name the table…4 mk
- Q33(i) Calculate Revenue from Operations from the following information: Average inventory 1,20,000 Inventory turnover…4 mk
- Q34How will you combine multiple cells into one in MS-Excel? What steps will you follow to reverse the process? Explain.6 mk
- Q34Which functions can be used as an alternative to the 'IF' function for elaborate tests and why? Explain its various…6 mk
- Q34From the following Balance Sheet of Rama Ltd. as at 31" March, 2025, calculate cash flows from Investing Activities and…6 mk
- Q34'In MS Excel, charts can be formatted and customised to make them more attractive and meaningful.' Explain the…6 mk
- Q34From the following information obtained from the books of 'Severe Ltd.', calculate Cash from Operations: Net Profit for…6 mk
- Q34From the following information obtained from the books of 'Informatics India Ltd.', calculate 'Cash from Operations':…6 mk
- Q34From the following information, calculate Cash Flows from Investing Activities: Particulars 31.03.2025 31.03.2024 ( ) (…6 mk
- Q34From the following information, calculate Cash Flows from Investing Activities: Particulars 31.03.2025 31.03.2024 ( ) (…6 mk
- Q34What is data formatting? What tools are used to format a data? Explain.6 mk
- Q34SUM (EZE3) will give an error while using spreadsheet. Identify the error and state the various steps to correct this…6 mk
- Q34From the following Balance Sheet of Rama Ltd. as at 31st March, 2025, calculate cash flows from Investing Activities…6 mk
- Q34Using the Formula tab and dialog box, write the formula to create 'I 9 function F on the given spreadsheet, where the…6 mk
- Q34JC Ltd. earned a net profit of ₹ 50,000 after providing depreciation of 2n 20,000 on fixed assets and a transfer of ₹…6 mk
- Q34JC Ltd. earned a net profit of ₹ 50,000 after providing depreciation of ₹ 20,000 on fixed assets and a transfer of ₹…6 mk
- Q34Which error occur when a column is not wide enough or a negative date or time is used? State the various steps to…6 mk
- Q34From the following information obtained from the books of 'Ajanta Ltd.', calculate Cash from Operations: Net Profit for…6 mk
- Q34From the following information, calculate Cash Flows from Investing Activities: Particulars 31.03.2025 31.03.2024 ( ) (…6 mk
- Q34For the year ended 31st March 2025, Sons Ltd. made a profit of ₹ 4,00,000 after charging depreciation of ₹ 75,000 on…6 mk
- Q34A user wishes to change a 'Text Option' as an element of chart. State how can this be done.6 mk
- Q34For the year ending 31st March, 2025 Gavi Ltd. made a profit of ₹ 8,00,000 after charging depreciation of ₹ 50,000 on…6 mk
- Q34State the steps to create a 'Pie Chart' using Excel.6 mk
- Q34Explain various options available to a user to change the shape outline of a chart element to improve its visual…6 mk
- Q34What is 'I-ILOOKUP'? How it is different from 'VLOOKUP'? Explain its syntax.6 mk
- Q34From the following Balance Sheet of Rama Ltd. as at 31st March, 2025, calculate cash flows from Investing Activities…6 mk
- Q34What is 'VLOOK'? Explain it with its syntax.6 mk
- Q34A company wants to present its sales data for last five years in a graphical form using MS Excel. As a student of…6 mk
- Q34Name the error which will be displayed when a given number is divided by zero e.g. 25/0. State the reasons and the…6 mk
- Q34Explain various options available to change the alignment of the text in the cells.6 mk
- Q34JC Ltd. earned a net profit of ₹ 50,000 after providing depreciation of ₹ 20,000 on fixed assets and a transfer of ₹…6 mk
- Q34For the year ended 31st March 2025, Sons Ltd. made a profit of ₹ 4,00,000 after charging depreciation of ₹ 75,000 on…6 mk
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