MP Board Class 12 Sample Paper 2026 Book Keeping and Accountancy

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Sample Question Paper for Practice Only
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Higher Secondary Examination-2026
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Subject-Accountancy
(Hindi & English Versions)
Total Questions Total Printed Time Maximum Marks
Pages
23 12 03:00 Hours 80

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(I) lHkh iz’u gy djuk vfuok;Z gaSA
(II) iz’u Øekad 1 ls 5 rd oLrqfu"B iz’u gSA izR;sd mi&iz’u ds fy, 1 vad
fu/kkZfjr gSA
(III) iz’u Øekad 6 ls 15] izR;sd iz’u 02 vad] 'kCn lhek 30 'kCnA
(IV) iz’u Øekad 16 ls 19] izR;sd iz’u 03 vad] 'kCn lhek 75 'kCnA
(V) iz’u Øekad 20 ls 23] izR;sd iz’u 04 vad] 'kCn lhek 120 'kCnA
(VI) iz’u Øekad 6 ls 23 rd vkarfjd fodYi fn, x, gSaA
(VII) la[;kRed iz’uksa esa 'kCn lhek dk ca/ku ugha gSA
Instructions:
I. All questions are compulsory.
II. Questions no.1 to 5 are objective type questions. Each sub-question
carries 1 mark.
III. Questions no. 6 to 15, each question 02 marks, word limit 30 words.
IV. Questions no. 16 to 19, each question 03 marks, word limit 75 words.
V. Questions no. 20 to 23, each question 04 marks, word limit 120 words.
VI. Questions no.6 to 23 have internal options
VII. There is no limit of words in numerical questions.

1

1- lgh fodYi pqudj fyf[k, & (1X6=6)
(I) vafdr gj eghus ds izFke fnu ₹1000 vkgfjr djrk gSA ;fn C;kt dh nj 12%
izfr o"kZ gS rks vkgj.k ij C;kt dh x.kuk fdrus ekg ds fy, gksxh &
(a) 6 ekg ds fy, (b) 6 ekg ds fy,

(c) 5 ekg ds fy, (d) 5 ekg ds fy,

(II) [;kfr gS&
(a) ,d py lEifRr (b) ,d vewrZ lEifRr
(c) ,d d`f=e lEifRr (d) ,d ewrZ lEifRr
(III) fuEufyf[kr esa ls fdls olwyh [kkrs esa varfjr fd;k tkrk gS &
(a) lk>snkj dk _.k ¼b½ vfoHkkftr ykHk
¼c½ cSad vfèkfod"kZ ¼d½ jksdM+
(IV) _.ki= ftudk gLrkarj.k dsoy lqiqnZxh ek= ls gks tkrk gS &
(a) okgd _.ki= ¼b½ ca/kd _.ki=
¼c½ jftLVMZ _.ki= ¼d½ lk/kkj.k _.ki=
(V) vkn'kZ rjy vuqikr gksuk pkfg, &
(a) 1:2 (b) 2:1
(c) 2:3 (d) 1:1
(VI) jksdM+ izokg fooj.k ds laca/k esa dkSu lk ys[kkadu izeki gS&
(a) AS-3 (b) AS-6
(c) AS-1 (d) AS-7
Select the correct answer of the following-
(I) Ankit withdraws ₹1,000 on the first day of every month. If the rate of
interest is 12% per annum, the interest on drawings will be calculated for —
(a) 6 months (b) 6½ months
(c) 5 months (d) 5½ months
(II) Goodwill is-
(a) A current Assets (b) An Intangible Assets
(c) A artificial Assets (d) A tangible assets

2

(III) Which of the following is transferred to the Realisation Account -
(a) Partner’s Loan (b) Undistributed Profit
(c) Bank Overdraft (d) Cash
(IV) Debentures can be transferred only after handed over —
(a) Bearer Debentures (b) Mortgage Debentures
(c) Registered Debentures (d) Ordinary Debentures
(V) Ideal liquid Ratio should be –
(a) 1:2 (b) 2:1
(c) 2:3 (d) 1:1
(VI) Which Accounting Standard (AS) is related to the Cash Flow Statement-
(a) AS-3 (b) AS-6
(c) AS-1 (d) AS-7
2. fjDr LFkkuksa dh iwfrZ dhft, - (1X6=6)
(I) lk>snkjh O;olk; esa lk>snkjksa dk nkf;Ro ------------------------------ gksrk gSA
(II) lk>snkj ds izos’k ij] foxr gkfu;ksa ds fy, -----------------lk>snkj mRrjnk;h ugha gksrk
gSA
(III) lsokfuo`Ùk lk>snkj dh iw¡th dks udn esa u pqdkdj mls -------------[kkrs esa cny ldrs
gSaA
(IV) _.ki= ij C;kt ds Hkqxrku dh vof/k-------------------- gSA
(V) dEiuh vf/kfu;e] 2013 ds vuqlkj vkfFkZd fpV~Bs dks vuqlwph --------------------ds vuqlkj
cuk;k tkrk gSA
(VI) ys[kkadu vuqikr ----------------------------- rF;ksa dh vogsyuk djrs gSaA

Fill in the blanks-

(I) In a partnership firm, the partners’ liability is --------------------.
(II) On the admission of a partner, the ---------------partner is not liable for in
past losses.
(III) The balance of a retiring partner’s capital account, if not paid in cash, can be
transferred to the ------------- account.
(IV) The period for payment of interest on debentures is --------------------.

3

(V) According to the Companies Act, 2013, Balance sheet is prepared according
to Schedule ------------------------.
(VI) The accounting ratio ignore the ------------------ facts.

3. lR;@vlR; esa mRrj fyf[k, & (1X6=6)
(I) ifjorZu’khy iwath i)fr esa pkyww [kkrk i`Fkd ls [kksyk tkrk gSA
(II) iqueZwY;kadu [kkrk lEifRr;ksa ds fodz; ij cuk;k tkrk gSA
(III) ,d vPNh QeZ [;kfr dks vifyf[kr dj nsrh gSA
(IV) tc lk>snkj vodk'k xzg.k djrk gS rks mls ml foÙkh; o"kZ ds lEiw.kZ ykHk esa
fgLlk feyrk gSA
(V) dEiuh _.ki=ksa dk fuxZeu jksdM+ ds vfrfjDr vU; izfrQy esa dj ldrh gSA
(VI) foRrh; fooj.k fo’ks"k ys[kkadu izFkkvksa ds vk/kkj ij rS;kj fd;s tkrs gSaA
Write answer the following in True/False -
(I) In the Fluctuating Capital Method, the current account is prepared
separately.
(II) A Revaluation Account is prepared at the time of selling assets.
(III) A good firm writes off Goodwill.
(IV) When a partner retires, he gets a share in entire profit of that financial year.
(V) A company can issue debentures for consideration other than cash.
(VI) Financial statements are prepared on the basis of special accounting
concepts.
4. lgh tksfM+;ka cukb, - (1X7=7)
(A) (B)
(I) lk>snkj lkewfgd #i esa (a) la;qDr ,oa i`Fkd #i ls gksrk gS
(II) izR;sd lk>snkj (b) vkarfjd izca/k laca/kh fu;e
(III) izR;sd lk>snkj dk nkf;Ro (c) vafdr ewY; ls 25% ls vf/kd ugha
(IV) Ikk"kZn lhek fu;e (d) QeZ
(V) Ikk"kZn varfuZ;e (e) fuxZfer iwath dk 90% ls de ugha
(VI) U;wure vfHknku (f) QeZ dk ,ts.V gksrk gS
(VII) ;kpuk jkf’k (g) daiuh dh vk/kkjf’kyk

4

Match the columns-
(A) (B)
(I) Partners collectively (a) Jointly and severally
(II) Each partner (b) Internal management rules
(III) Liability of each partner (c) Not more than 25% of the face value
(IV) Memorandum of Association (d) Firm
(V) Articles of Association (e) Not less than 90% of the issued capital
(VI) Minimum subscription (f) Is an Agent of the firm
(VII) Call money (g) Foundation of the company

5. ,d okD; esa mRrj fyf[k, & (1X7=7)
(I) [;kfr ds ewY;kadu dk vk/kkj D;k gS\
(II) okLrfod vkSlr ykHk dk lkekU; ykHk ij vkf/kD; D;k dgykrk gS\
(III) ys[kkadu izeki&10 dk fdlls lacaf/kr gS\
(IV) olwyh [kkrk fdl izd`fr dk gksrk gS\
(V) tc va'kksa dk fuxZeu vafdr ewY; ls vfèkd ewY; ij fd;k tkrk gS rks vkfèkD;
jkf'k D;k dgykrh gS\
(VI) jgfr;k dks dEiuh ds fpV~Bs ds fdl 'kh"kZd esa n’kkZ;k tkrk gS\
(VII) ysunkjksa dks Hkqxrku djus ls jksdM+ izokg ij D;k izHkko gksxk\

Write answer in one sentence -
(I) What is the basis of valuation of goodwill?
(II) What is the excess of actual average profit over normal profit called?
(III) Accounting Standard-10 is related to what?
(IV) What is the nature of realisation account?
(V) When shares are issued at a value higher than their face value, what is the
excess amount called?
(VI) In the company’s Balance sheet, under which heading is stok shown?
(VII) What will be the effect of payment to creditors on cash flow ?

5

6. lk>snkjh lays[k ls D;k vk’k; gS \ 2
What is meant by partnership Deed?
vFkok /Or
Hkkjrh; lk>snkjh vf/kfu;e 1932 ds vuqlkj lk>snkjh dh ifjHkk"kk fyf[k,A
Write the definition of Partnership according to Partnership act 1932 .

7. vt; rFkk fot; 3%7 ds vuqikr esa ,d QeZ esa lk>snkj gSaA mUgksaus lat; dks Hkkx
ds fy, lk>snkj cuk;kA u;k vuqikr Kkr dhft,A 2
Ajay and Vijay are partners in a firm sharing profits in the ratio of 3 : 7. They
admitted Sanjay as a new partner for share in profit. Calculate the new profit-
sharing ratio.
vFkok /Or
jkuw ]Hkkuw vkSj 'kkuw leku vuqikr esa lk>snkj gSaA os Hkfo"; esa ykHk@gkfu 3:2:1 ds
vuqikr esa ckaVus dk fu.kZ; djrs gSaA ykHk çkfIr vkSj R;kx vuqikr dh x.kuk dhft,A
Ranu, Bhanu, and Shanu are partners sharing profits equally. They decide that
in the future, profits/losses will be shared in the ratio of 3 : 2 : 1. Calculate the
gaining and sacrificing ratio.

8. ,d lk>snkj dh QeZ ls fuo`fÙk ls D;k vk'k; gS \ 2
What is meant by retirement of a partner from firm ?

vFkok@Or
,d lk>snkj dk QeZ ls fu"dklu D;k gS \
What is Expulsion of a partner from firm ?

9- lk>snkjh fo?kVu ,oa QeZ ds fo?kVu esa dksbZ nks varj fyf[k,A 2
Write any two difference between dissolution of Partnership and dissolution of Firm.

vFkok@Or
olwyh [kkrk ,oa iquZewY;kadu [kkrk esa dksbZ nks varj fyf[k,A
Write any two difference between Realisation A/C and Revaluation A/c.

6

10- izfooj.k dh dksbZ nks fo’ks"krk,a fyf[k,A 2
Write any two characteristics of Prospectus.
vFkok@Or
futh dEiuh dh dksbZ nks fo’ks"krk,a fyf[k,A
Write any two characteristics of Private Company.
11-**dEiuh fo/kku }kjk fufeZr ,d d`f=e O;fDr gSA**Li"V dhft,A 2
“Company is an artificial person created by law.” Explain.
vFkok@Or
**lkoZeqnzk dEiuh ds izFkd vfLrRo dk izrhd gSA** Li"V dhft,A
“Common seal is a symbol of the separate existence of the company.'' Explain.

12- _.ki=/kkjh dh oS/kkfud fLFkfr fyf[k,A 2
Write the Legal Status of Debenture holder.
vFkok@Or
'kwU; dwiu nj _.ki= ls D;k vk’k; gS\
What is meant by Zero Coupon rate Debenture?
13- foRrh; fooj.kksa dh dksbZ nks fo’ks"krk,a fyf[k,A 2
Write any two characteristics of Financial Statement.
vFkok@Or
foRrh; fooj.kksa dh dksbZ nks lhek,a fyf[k,A
Write any two limitations of Financial Statement.
14- fuEufyf[kr lwpukvksa ls _.k lerk vuqikr Kkr dhft, & 2
va’k iwath ₹5,00,000
lkekU; lap; ₹2,00,000
12% _.ki= ₹3,50,000

From the following information, calculate the Debt-Equity ratio -
Share Capital ₹5,00,000
General Reserve ₹2,00,000
12% Debentures ₹3,50,000
vFkok@Or

7

fuEufyf[kr lwpukvksa ls pkyw vuqikr Kkr dhft, &
va’k iwath ₹5,00,000
nh?kZdkyhu _.k ₹2,50,000
pkyw nkf;Ro ₹2,50,000
LFkk;h lEifRr;ka ₹6,00,000
pkyw lEifRr;ka ₹4,00,000

From the following information, calculate the current ratio -
Share Capital ₹5,00,000
Long-term Loans ₹2,50,000
Current Liabilities ₹2,50,000
Fixed Assets ₹6,00,000
Current Assets ₹4,00,000
15- xSj jksdM+ ensa D;k gSa\ 2
What is Non cash Item?
vFkok@Or
jksdM+ rqY; ls D;k rkRi;Z gS\
What is meant by Cash Equivalent?
16- fdlh lk>snkj dh e`R;q ij mlds mRrjkf/kdkjh dks ns; jkf'k dh x.kuk fdl çdkj dh
tkrh gS \ 3
On the death of a partner, how is the amount due to the deceased partner’s
legal executor calculated?
अथवा (Or)
,d lk>snkj dk QeZ ls vyx gksus ds dksà rhu dkj.k fyf[k,A
Write any three reason for the retirement of a partner from the firm.
17. jke fyfeVsM us ,d va'kèkkjh ds ₹10 okys iw.kZ;kfpr 50 va'kksa dks tIr dj fy;kA
va'kèkkjh us vkosnu ij ₹3 çfr va'k rks ns fn, Fks ysfdu vkoaVu ds ₹3 çfr va'k o vafre
;kpuk ds ₹4 çfr va'k ugÈ ns ldkA va'kks ds gj.k dh iath çfof"V dhft,A 3
Ram Limited forfeited 50 fully called shares of ₹10 each of a shareholder.
The shareholder had paid ₹3 per share on application but could not pay ₹3
per share on allotment and ₹4 per share on the final call. Prepare the journal
entry for the forfeiture of shares.

8

अथवा (Or)

bUnkSj ds veu fyfeVsM us ₹6,00,000 dk ,d Hkou] Hkqou VªsMlZ ls [kjhnkA mUgksaus
₹1,00,000 udn fn, vkSj 'ks"k jkf'k ds fy, ₹100 okys 5000 lerk va'k iw.kZ nÙk

fuxZfer fd,A daiuh dh cgh esa tuZy çfof"V;ka dhft,A
Aman Ltd. Indore purchased a building worth ₹6,00,000 from Bhuvan
Traders. Company paid ₹1,00,000 in cash, and for the balance amount, issued
5,000 equity shares of ₹100 each, fully paid up. Pass the necessary journal
entries in the books of the company.

18- Lusgk fyfeVsM us ₹1]000 okys 1]000 _.ki= ₹100 izhfe;e ij tkjh fd,A ₹200
vkosnu ij rFkk ₹300 vkoaVu izhfe;e lfgr ,oa 'ks"k ;kpuk ij ns; gSaA lHkh jkf’k;ka
;Fkkle; izkIr gks x;haA dEiuh dh iqLrdksa esa vko’;d iath izfof"V;ka dhft,A 3
Sneha Limited issued 1,000 Debenture of ₹1,000 each at a premium of ₹100 per share.
Amount Payable as ₹200 on application, ₹300 (including premium) on
allotment, and the balance on the final call. All amounts were duly received.
Pass the necessary journal entries in the books of the company.
अथवा (Or)

izkph fyfeVsM us 100 okys 6%] 8000 _.ki= 10% cV~Vs ij tkjh fd,A 40 vkosnu
ij ,oa 'ks"k vkoaVu ij ns; FksA lHkh jkf’k;ka ;Fkkle; izkIr gks x;haA dEiuh dh
iqLrdksa esa vko’;d iath izfof"V;ka dhft,A
Prachi Limited issued 8000,6% debenture of ₹100 each at a discount of 10%
share. Amount Payable as ₹40 on application, and the balance on allotment.
All amounts were duly received. Pass the necessary journal entries in the
books of the company.

19- foRrh; fooj.kksa ds dksbZ rhu mn~ns’; fyf[k,A 3
Write any three objectives of Financial Statement.
अथवा (Or)

daiuh vfèkfu;e 2013 ds vuqlkj daiuh ds fpës ds lerk ,oa nkf;Ro i{k ds çeq[k
'kh"kZdksa ds uke fyf[k,A
Write the major headings of the “Equity and Liabilities” side of the company’s
balance sheet as per company’s Act 2013.

9

20- jke rFkk eksgu nks lk>snkj gSa tks ykHk&gkfu 5%2 esa ckaVrs gSaA lk>snkjh lays[k ds vuqlkj
iwath ij 5% C;kt rFkk jke dks ₹500 izfrekg osru nsus dk izko/kku gSA jke dh iwath
₹50,000 ,oa eksgu dh iwath ₹30,000 gSA o"kZ esa jke us ₹5,000 rFkk eksgu us ₹8,000 dk

vkgj.k fd;kA 31 ekpZ 2024 dks lekIr gksus okys o"kZ dk 'kq) ykHk ₹45,000 iwath ij C;kt
,oa osru nsus ds iwoZ FkkA YkkHk gkfu fu;kstu [kkrk cukb,A 4
Ram and Mohan are partners sharing profits and losses in the ratio of 5 : 2.
According to the partnership deed Interest on capital is allowed at 5% per
annum. Ram is entitled to a salary of ₹500 per month. Rama’s capital is
₹50,000 and Mohan’s capital is ₹30,000 . During the year Rama withdrew
₹5,000 and Mohan withdrew ₹8,000 The net profit for the year ended 31st
March 2024 was ₹45,000, before charging interest on capital and salary.
Prepare the Profit and Loss Appropriation Account.
vFkok@ Or
v]c ,oa l 4%3%3 ds vuqikr esa ,d QeZ esa lk>snkj gSaA mudh iwath dze’k% ₹3]00]000]
₹2]00]000 ,oa ₹1]50]000 gSA *v* us *l* dks O;fDrxr #i ls ;g xkj.Vh nh fd 5 %
okf"kZd C;kt yxkus ,oa iwath ij C;kt yxkus ds ckn *l* dk ykHk dk fgLlk fdlh
o"kZ ₹40]000 ls de ugha gksxkA 31 ekpZ 2024 dks lekIr gksus okys o"kZ dk YkkHk
₹1]60]000 FkkA ykHk gkfu fu;kstu [kkrk cukb,A
A, B, and C are partners in a firm sharing profits and losses in the ratio of
4 : 3 : 3.Their capitals are ₹3,00,000, ₹2,00,000, and ₹1,50,000 respectively.
A’s however, personally guaranteed that C’s share of profit after charging
interest on capital @ 5% p.a. would not be less than₹40,000 in any year. The
net profit for the year ended 31st March 2024 was ₹1,60,000. Prepare the
Profit and Loss Appropriation Account.

21- R;kx vuqikr ,oa izkfIr vuqikr esa dksbZ pkj varj fyf[k,A 4
Write any four Difference between Sacrificing ratio and Gaining ratio.

vFkok /Or

10

1 tuojh 2023 dks [;kfr dk ewY;kadu foxr pkj o"kks± ds vkSlr ykHk ds 2-5 o"kÊ; Ø;
ds vkèkkj ij dhft,A foxr pkj o"kks± ds ykHk&gkfu fuEukuqlkj gSa &
o"kZ ykHk@gkfu
2019 ₹20,000 (gkfu)
2020 ₹30,000 (ykHk)
2021 ₹38,000 (ykHk )
2022 ₹32,000 (ykHk)
Calculate the value of Goodwill on 1 January 2023 at 2.5 years' purchase of
average profit of last four year’s profit. Profit and loss for the last four years
are as follows -
(Year) (Profit and loss)
2019 ₹20,000 (loss)
2020 ₹30,000 (profit)
2021 ₹38,000 (profit)
2022 ₹32,000 (profit)
22- lerk va'k ,oa iwokZfèkdkj va'k esa dksà pkj varj fyf[k,A 4
Write any four difference between Equity share and Preference share.
vFkok /Or
va’k ,oa va’k Lda/k esa dksbZ pkj varj fyf[k,A
Write any four difference between share and share stock.
23- fuEufyf[kr lwpukvksa ls lapkyu laca/kh fdz;kvksa ls jksdM+ izokg Kkr dhft,& 4

fooj.k 31 ekpZ 2023 31 ekpZ 2024

ykHk gkfu [kkrk ₹1,20,000 ₹1,80,000

izkI; foi= ₹80,000 ₹1,08,000

ewY; gzkl ₹1,80,000 ₹1,92,000

ns; fdjk;k ₹9,600 ₹24,000

iwoZnRr chek ₹8,400 ₹7,200

[;kfr ₹1,20,000 ₹96,000

nsunkj ₹80,000 ₹1,08,000

11

From the following information, prepare the Cash Flow Statement relating to
Operating Activities -

Particulars 31 March 2023 31 March 2024

Profit and Loss Account ₹1,20,000 ₹1,80,000

Bills of Receivable ₹80,000 ₹1,08,000

Depreciation ₹1,80,000 ₹1,92,000

Outstanding Rent ₹9,600 ₹24,000

Prepaid Insurance ₹8,400 ₹7,200

Goodwill ₹1,20,000 ₹96,000

Creditors ₹80,000 ₹1,08,000

vFkok /Or
jksdM+ izokg fooj.k cukus ds dksbZ pkj mn~ns’; fyf[k,A
Write any four objectives of preparing Cash Flow Statement.

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12