JAC Class 12 Model Question Paper 2025 Accountancy

2025

MODEL
PAPERS
JAC BOARD JHARKHAND
EXAM ACADEMIC
COUNCIL MODEL
PREPARATION QUESTION
PAPER 2025

JHARKHAND ACADEMIC COUNCIL

झारखण्ड शै क्षिक अनु संधान एवं प्रक्षशिण पररषद, रााँ ची , झारखण्ड
वाक्षषिक परीिा (Annual Examination)
2024-2025
मॉडल प्रश्न पत्र
किा – XII क्षवषय – लेखाशास्त्र समय – 3 घण्टा 15 क्षमनट पू णाांक – 80

Class-XII Subject- ACCOUNTANCY Time- 3 Hour 15 Minute Marks - 80
(Compulsory)
General Instructions / lkekU; funs'Z k :
1- This Question Booklet has two Parts & Part-A and Part-B.
bl ç'u&iqfLrdk esa nks Hkkx Hkkx&A rFkk Hkkx&B gSaA
2- Part-A is of MCQ Type having 30 marks and Part-B is of Subjective Type having 50
marks.
Hkkx&A esa 30 vad ds cgqfodYih; ç'u rFkk Hkkx&B esa 50 vad ds fo"k;fu"B ç'u gSaA
3- The candidate has to answer in the Answer Booklet which will be provided separately.
ijh{kkFkhZ dks vyx ls miyC/k djkbZ xbZ mÙkj&iqfLrdk esa mÙkj nsuk gSA
4- In Part-A There are 30 Multiple Choice Questions having four (4) options (A, B, C & D).
The candidate has to write the correct option in the Answer Booklet. All questions are
compulsory. Each question carries 1 mark- There is no negative marking for wrong answer.
Hkkx&A esa 30 cgqfodYih; ç'u gSa ftuds 4 fodYi ¼ A] B] C rFkk D½ gSaA ijh{kkFkhZ dks
mÙkj&iqfLrdk esa lgh mÙkj fy[kuk gSA lHkh ç'u vfuok;Z gSaA çR;sd ç'u 1 vad dk gSA
xyr mÙkj ds fy, dksbZ vad dkVk ugha tk,xkA
5- In Part-B There are three sections: Section-A, B & C.
This part is of Subjective Type having Very Short Answer, Short Answer & Long Answer
Type questions- Total number of questions is 22.

Section-A Question, Nos. 31-38 are Very Short Answer Type- Answer any 6 questions.
Each question carries 2 marks- Answer the questions in one sentence each.
Section-B Question Nos. 39-46 are Short Answer Type. Answer any 6 questions. Each
question carries 3 marks. Answer the questions in maximum 150 words each.
Section-C Question Nos. 47-52 are Long Answer Type. Answer any 4 questions. Each
question carries 5 marks. Answer the questions in maximum 250 words each.
Hkkx&B esa rhu [k.M [k.M&A] B rFkk C gSaA bl Hkkx esa vfr y?kq mÙkjh;] y?kq mÙkjh; rFkk
nh?kZ mÙkjh; çdkj ds fo"k;fu"B ç'u gSAa dqy ç'uksa dh la[;k 22 gSA
[k.M&A ç'u la[;k 31&38 vfr y?kq mÙkjh; gSAa fdUgha 6 ç'uksa ds mÙkj nsAa çR;sd

ç'u 2 vad dk gSA çR;sd ç'u dk mÙkj ,d okD; esa nhft,A
[k.M&B ç'u la[;k 39&46 y?kq mÙkjh; gSaA fdUgha 6 ç'uksa ds mÙkj nsaA çR;sd ç'u
3 vad dk gSA çR;sd ç'u dk mÙkj vf/kdre 150 'kCnksa esa nsaA

[k.M&C ç'u la[;k 47&52 nh?kZ mÙkjh; gSAa fdUgha 4 ç'uksa ds mÙkj nsAa çR;sd ç'u
5 vad dk gSA çR;sd ç'u dk mÙkj vf/kdre 250 'kCnksa esa nsaA
6- Candidates are required to answer in their own words as far as practicable.
ijh{kkFkhZ ;FkklaHko vius 'kCnksa esa gh mÙkj nsAa
Part – A ¼Hkkx &A½
(Multiple choice Type Questions)
¼cgqfodYih; iz’ u½
Question Nos. 1 to 30 are Multiple Choice Type. Each question has four options. Select the
correct option and write it in the Answer sheet- Each question carries I marks
ç'u la[;k 1 ls 30 rd cgqfodYih; çdkj gSA çR;sd ç'u ds pkj fodYi gSAa lgh
fodYi pqudj mÙkj iqfLrdk esa fy[ksAa çR;sd ç’u 1 vad dk gSA
Q1. lk>snkjh lays[k ds vHkko esa lk>snkj dks mlds }kjk QeZ dks nh xbZ vfxze jkf'k ij
C;kt fn;k tk,xkA
¼In the absence of a partnership deed, the allowable rate of interest on amount advanced by
the partner to the firm will be :)
¼A½ 5% okf"kZd dh nj ls ¼ at the rate of 5% p.a.½
¼B½ 6%- okf"kZd dh nj ls ¼ at the rate of 6% p.a.½
¼C½ 9% okf"kZd dh nj ls ¼at the hate of 9% p.a.½
¼D½ 12% okf"kZd dh nj ls ¼ at the late of 12% p.a-½
Q.2 lk>snkj dk QeZ ls lEcU/k gksrk gS
The relation of partner with the firm is that of:
¼A½ Lokeh dk ¼ An Owner½
¼B½ ,tsUV dk ¼ An Agent½
¼C½ Lokeh ,oZ ,tsUV dk ¼ Anowner and an Agent½
¼D½ çcU/kd dk ¼Manager½
Q.3 ;fn lk>snkjksa ds vkkgj.k dh frfFk u nh gqbZ gks rks fdrus le; dk C;kt yxk;k tkrk
gS:
¼If date of drawings of the partner's is not given in the question, interest is charged for how
much time½
¼A½ 1 ekg dk ¼ 1 month½ ¼B½ 6-5 ekg dk ¼6.5 month)

¼C½ 6 ekg dk ¼ 6 months½ ¼D½ 12 ekg dk ¼12 months½
Q.4 R;kx vuqikr ¼ Sacrificing Ratio½:
¼A½ New Ratio-old Ratio u;k vuqikr iqjkuk vuqikr

¼B½ Old Ratio - New Ratio iqjkuk vuqikr & u;k vuqikr
¼C½ Old Ratio-Gaining Ratio iqjkuk vuqikr & ykHk&çkfIr vuqikr
¼D½ Gaining Ratio &Old Ratio ykHk&çkfIr vuqikr&iqjkuk vuqikr
Q.5 O;olk; dh çflf) ds ekSfæd ewY; dks dgrs gSa
¼The monetary value of reputation of the business is called ½
¼A½ [;kfr ¼ goodwill½ ¼B½ cpr ¼Surplus½
¼C½ gkfu ¼Loss½ ¼D½ vk; ¼Income½
Q.6 u, lk>snkj ds }kjk [;kfr dh jkf'k nh tkrh gS
¼The amount of goodwill is paid by the new partner½:
¼A½ iwath ds Hkqxrku ds fy, ¼ for the payment of Capital½
¼B½ ykHk esa fgLlk ikus ds fy, ¼ For sharing the profit½
¼C½ lEiwfä Øe dls] ds fy, ¼ For purchase of assets½
¼D½ buesa ls dksbZ ugha ¼None of these½-
Q.7 iqueZwY;kadu [kkrk vFkok ykHk&gkfu lek;kstu [kkrk gS:
¼Revaluation Account or Profit and loss Adjustment A/C is a½
¼A½ okLrfod [kkrk ¼ Real Account½
¼B½ O;fäxr [kkrk ¼Personal Account½
¼C½ Hkkeek= [kkrk ¼ Nominal Account½
¼D½ buesa dksbZ ugha ¼ None of these½
Q.8 lk>snkj dh e`R;q ij vfUre Hkqxrku gksrk gS
¼On the death of a partner in a firm payment are made from½
¼A½ iw¡th [kkrs ls ¼ Capital A/c½
¼B½ pkyq [kkrs ls ¼ Current A/c½
¼C½ ç_.k [kkrs ls ¼Loan A/c½
¼D½ mÙkjkf/kdkfj;ksa ds [kkrksa ls ¼Executor's Ac½
Q.9 X] Y vkSj Z ] vkSj ds vuqikr esa ykHkksa dk foHkktu djrs gSaA Z dh e`R;q

gks tkrh gSA X vkSj Y dk u;k vuqikr gksxk ¼ X, Y and & share profits in the ratio of ]

and . Z die, New ratio of X and Y will be :½

¼A½ 3%2 ¼B½ 2:3
¼C½ 2:1 ¼D½ 1:2
Q.10 ykHk&çkfIr vuqikr dh xq.kuk dh tkrh gS ¼Gaining Ratio is calculated:½

¼A½ ços'k ds le; ¼ At the time of admission½
¼B½ vodk'k xzgu ds le; ¼ At the time of retirement½
¼C½ fo?kVu ds le; ¼ At the time of dissolution½
¼D½ buesa ls dksbZ ugha ¼ None of these½-

Q.11 lk>snkjh QeZ ds fo?kVu ij [kkrk [kksuk vkrk gS % ¼An account is opened at the time of
dissolution of Partnership Firm.½
¼A½ olwyh [kkrk ¼ Realisation A/c½
¼B½ iquewZY;kadu [kkrk ¼Revaluation A/c½
¼C½ ykHk&gkfu fu;kstu [kkrk ¼ P/L Appropriation A/c½
¼D½ buesa dksbZ ugha ¼ None of these½
Q.12 QeZ ds fo?kVu ij] lk>snkj ds _.k [kkrs dks gLrkUrfjr fd;k tkrk gS ¼ On
dissolution of a firm, Partner's Loan Account is transferred to ½%
¼A½ olwyh [kkrs esa ¼ Realisation A/c)
¼B½ lk>snkj ds iw¡th [kkrs esa ¼Partner's Capital A/c½
¼C½ jksdM+ [kkrs esa ¼ Cash A/c½
¼D½ buesa dksbZ ugha ¼ None of these½
Q.13 - la;qä iwt
¡ h dEiuh gS ¼ A Joint Stock Company is½:
¼A½ cS/kkfud —f=e O;fä ¼An artificial legal person½
¼B½ çk—frd O;fä ¼A natural person½
¼C½ lkekU; O;fä ¼ A general person½
¼D½ xSj&fuoklh Hkkjrh; ¼ None Resident Indian½
Q.14 Hkkjrh; dEiuh vf/kfu;e] 2013 ds vuqlkj dEiuh dk vkfFkZd fpV~ Bk cuk;k tkrk
gS
¼According to Indian Companies Act 2013] Balance Sheet of a company is prepared as per ½:
¼A½ vuqlwph Ⅲ dk Hkkx 2 ¼Part Ⅱ of Schedule III½
¼B½ vuqlwph Ⅲ dk Hkkx 1 ¼Part I of Schedule III½
¼C½ vuqlwph IV dk Hkkx 2 ¼ Part II of Schedule VI½
¼D½ vuqlwph VI dk ekx 1 ¼ Part I of Schedule IV)

Q.15 vnÙk ;kpuk ij vf/kdre C;kt ft;k vk ldrk gS:
¼Interest on calls in arrears can be charged maximum at½:
¼A½ 6%pa ¼B½ 10%pa. ¼C½ 5% pa. ¼D½ 12% pa.

Q.16 lafpr iw¡th dk vFkZ gS ¼ Reserve Capital means½:
¼A½ iw¡th lap; dk Hkkx ¼ The part of Capital Reserve½
¼B½ lafpr ykHk ¼ Accumulated Profit½
¼C½ iwath 'kks/ku lap; dk Hkkx ¼ The part of Capital Redemption Reserve½
¼D½ vHkkfpr iwath dk çkfFkZr Hkkx ¼ The part of Subscribed uncalled up Capital½

Q.17 - dEiuh esa fuf'pr nj ls ykHkka'k fdldks fn;k tkrk gS\
¼To whom dividend is given at a fixed rate in a company?½:
¼A½ lerk va'k/kkfj;ksa dks ¼To Equity shareholders½
¼B½ iwokZf/kdkj va'k/kkfj;ksa dks ¼ To Preference shareholders½
¼Š½ lerk rFkk iwokZf/kdkj nksuksa va'k&/kkfj;ksa dks ¼ Borth Equity and Preference Shacholders½
¼D½ _.ki=/kkfj;ksa dks ¼ To Debentureholder½
Q.18 ,d futh dEiuh esa lnL;ksa dh vf/kdre la[;k gksrh gS
¼Maximum number of members in a private Company is½:
¼ A½ 7 ¼B½ 50 ¼C½ 200 ¼D½ 20
Q.19 _.ki= gS ¼ Debentius is½ :
¼A½ v_.k dk çek.k&i= ¼ Loan Certificate½ ¼B½ udn dk çek.k&i= ¼ Cash Certificate½
¼C½ lk[k dk çek.k&i= ¼ Credit Certificate½ ¼D½ iw¡th dk çek.k&i= ¼ Capital Certificati½
Q.20 _.k i=/kkjh gksrs gS ¼ Debenture holders are½:
¼A½ dEiuh ds Lokeh ¼Owners of the Company½
¼B½ dEiuh ds xzkgd ¼ Customers of the Company½
¼C½ dEiuh ds çorZd ¼ Promoters of the Company½
¼D½ dEiuh ds ysulj ¼ Creditors of the Company½
Q.21 u, SEBI fn'kk&funs'Z kksa ds vuqlkj _.ki= 'kks/ku ls iwoZ _.ki= fuxZeu ds-------------
ds cjkcj jkf'k dks ^_.ki= 'kks/ku lap ;* esa gLrkarj.k djuk vfuok;Z gS
¼As per new SEBI Guide Lines an amount equal to...................of the debenture issue- must be
transferred to Debenture Redemption Reserve before redemption begins.)
¼A½ 50% ¼B½ 80% ¼C½ 25% ¼D½ buesa dksbZ ugha ¼ None of these½
Q.22 foÙkh; fooj.k çnf'kZr djrs gSa
¼Financial Statement disclose½:

¼A½ xq.kkRed lwpuk ¼Qualitative Information½
¼B½ ekSfæd lwpuk ¼ Monetary Information½

¼C½ vekSfæd lwpuk ¼ Non-Monelary Information½
¼D½ buesa dksbZ ugha ¼None of these½
Q.23 foÙkh; fo'ys"k.k ds fy, vf/kdka'kr: ç;ksx fd, tkus okus midj.k gS
¼The most commonly used tools for financial analysis are ½:
¼A½ rqyukRed fooj.k ¼ Comparative Statement½
¼B½ leku vkdkj ds fooj.k ¼ Common Size Statement½
¼C½ ys[kkadu vuqikr ¼ Accounting Ratios½
¼D½ mi;Zqä lHkh ¼All of the above½
Q.24 vkn'kZ 'kh?kz vuqikr gS ¼ Ideal Quick Ratio is½:
¼A½ 1:1 ¼B½ 1:2 ¼C½ 1:3 ¼D½ 2:1
Q.25 fuEufyf[kr esa ls dkSu lh rjy laifÙk gS\ (Which of the following is liquid assets)?
¼A½ Hkwfe ¼Land½ ¼B½ Hkou ¼Building½
¼C½ jgfr;k ¼Stock½ ¼D½ nsunkj ¼Debtors½
Q.26 LVkWd vkorZ vuqikr gS ¼ Stock turnover Ratio is½:
¼A½ rjyrk vuqikr ¼Liquidity Ratio½ ¼B½ ykHkiznkrk vuqikr ¼Profitability Ratio½
¼C½ fu”iknu vuqikr ¼Activity Ratio½ ¼D½ pkyw vuqikr ¼Current Ratio½
Q.27 jksdM+&çokg fooj.k lacfa /kr gS
¼Cash Flow Statement is related to):
¼4½ AS&3 ¼B½ AS&6 ¼C½ AS&9 ¼D½ AS&12
Q.28 fuEufyf[kr esa ls dkSu&lk en jksdM+ rqY; gS\
¼which of the following- item is considered as Cash Equivalents\½
¼A½ cSad vf/kfud"kZ ¼ Bank Overdraft½ ¼B½ nsunkj ¼Debtors½
¼C½ O;kikfjd i= ¼ Commercial lapais½ ¼D½ fofue; i= ¼ Bills of Exchange½
Q.29 fuEu esa ls lapkyu laca/kh fØ;kvksa ls jksdM+ çokg dk mnkgj.k dkSu&lk gS \-
¼Which of the following is an example of cash flow from Operating Activities\½
¼A½ va'kksa dk fuxZeu ¼ Issue of shares½ ¼B½ e'khujh dk Øe ¼ Purchase of Machinery½
¼C½ fofu;ksxksa dk Øe ¼ Purchase of Investment½
¼D½ LVkWd dk udn Øe ¼ Purchase of Inventory for Cash½
Q.30 udn fcØh gS ¼ Cash Sales is a½:

¼A½ ifjpkyu fØ;k,¡ ¼ Operating Activities½
¼B½ fofu;kstu fØ;k,¡ ¼ Investing Activities½
¼C½ foÙkh; fØ;k,¡ ¼ financing Activities½

¼D½ buesa ls dksbZ ugha ¼ None of these½-
PART-B ¼Hkkx&c½
¼ Subjective Type ½ ¼fo"k;fu"B ç'u½
Section-A ¼[k.M&A½
¼ Very short answer type questions ½
¼vfr y?kq mÙkjh; ç'u½
Answer any Six questions- Answer the questions in one sentence each-
fdUgh N% ç'uksa ds mÙkj nsAa çR;sd ç'u dk mÙkj ,d okD; esa nhft,A
Q.31 ykHk&gkfu fofu;kstu [kkrk D;k gS\
What is Profit and Loss Appropriation Account\
Q.32 vf/kykHk dk lw= nsAa
Give the formula of Super Profit.
Q.33 iquewZY;kadu [kkrk D;k gS\
What is Revaluation Account\
Q.34 dksbZ ,d ifjfLFkfr crkb;s ftuds vUrxZr lk>snkjh QeZ dks fo?kfVr gqvk ekuk
tkrk gSA
State any one circumstance under which, partners tics is deemed to have been disserved.
Q.35 va'k rFkk gS\
What do you mean by Share?
Q.36 _.k&i=ksa ds 'kks/ku ls D;k vk'k; gS\
What is mean by Redemption of Debentures\
Q.37 pkyw vuqikr dk lw= nhft,A
Give the formula of Current Ratio.
Q.38 What is meant by Cash Equivalents\
jksdM+ lerqY; ls D;k vk'k; gS\
Section B
¼[k.M -B ½ ¼ Short answer type questions)
¼y?kq mÙkjh; ç'u½
Answer any Six questions- Answer the questions in maximum 150 words each.
fdUgh N% iz’uksa ds mÙkj nsaA çR;sd ç'u dk mÙkj vf/kdre 150 'kCnksa esa nsaA
Q.39 R;kx vuqikr vkSj çkfIr ykHk vuqikr esa dksbZ rhu varj crk,¡A

Tell any three distractions between Sacrificing Ratio and Gaining Ratio.
Q.40 va'kksa ds gj.k rFkk iqu% fuxZeu ij dkSu&lh çfof"V;k¡ dh tkrh gS \
what entries are passed in case of forfeiting and re-issue of shares\

Q.41 ,d QeZ dh [;kfr fiNys ik¡p o"kksZa ds vkSlr ykHk ds rhu o"khZ; Øe ds vk/kkj ij
ewY;kafdr dh tkrh gSA 31 ekpZ dks lekIr gksus okys o"kksZa ds uke fuEu çdkj gS%
Goodwill of a firm is valued at three year's purchase of the average profits of the last five
years. The profit of each year ending 31st March are as under;
2020 ₹10]000 Profit ¼ykHk½
2021& ₹15]000 Profit ¼ykHk½
2022 ₹4]000 Profit ¼ykHk½
2023 ₹ 5]000 Loss ¼gkfu½
2024& ₹ 6]000 Profit ¼ykHk½
Calculate the value of goodwill
[;kfr dk ewY; Kkr djsaA
Q.42 A] B, vkSj C ] rFkk esa ykHk ck¡Vrs gq, lk>snkj gSA D dks Hkkx ds fy, u,
lk>sokj ds :i esa QeZ esa ços'k fn;k x;kA lk>snkjksa ds u, ykHk&foHkktu vuqikr Kkr
dhft,A
B and C are partners in proportion of , and respectively. D the firm as a new- partner I
was admitted in with 6 th Share- Calculate the new profit sharing ratio of the partners.
Q.43 X fy- us 100#- okys 4]000] 8%] _.ki= 10% çhfe;e ij fuxZfer fd;s ftu
ij 20:- vkosnu ij ,oa 'ks"k çhfe;e lfgr vkcaVu ij ns; FksA 500 #- _.k ds
fuxZeu ij O;; gq,A dEiuh dh iqLrdksa esa tuZy ds vko';d ys[ks djsAa
X Ltd. issued 4,000, 8% debentures of ₹100 each at a premium of 10%- payable 20 on
application and the balance with premium on allotment- Expenses on issue of debentures
were ₹500 Pass necessary Journal entries in the books of X Ltd. Company.
Q.44 fuEu fyf[kr lwpuk ls leku vkdkj dk ykHk&gkfu fooj.k cukb,%
From the following information] prepare a Common - size Statement of Profit & loss:
Note No. 31-3-2023 31-3-2023

Revenue from 20]00]000 30]00]000
Operation
¼lapkyu ls vk;½
17]00]000 25]00]000
Expenses ¼O;;½
Other Incomes
¼vU; vk;½ 2]00]000 4]00]000

Income Tax
¼vk;dj½ 35% 40%

Interest on drawings is to be charged @ 15% p.a. Calculate interest on partner's drawings.
Q.45 fuEu fn, x, vk¡dM+kas ls LVkWd vkorZ vuqikr dh x.kuk dhft,!
Calculate inventory turnover ratio from the data given below :-
₹
Inventory at the beginning of the year ¼o"kZ ds çkjaHk esa jgfr;k½ 20]000
Inventory at the end of the year ¼o"kZ ds var esa jgfr;k½ 10]000
Purchases ¼Ø;½ 50]000
Carriage Inwards ¼xkM+h HkkM+k½ 5]000
Revenue from Operations ¼or Sale½ lapkyu ls vk; ¼;k foØ;½ 100,000

Q.46 A] B] vkSj C ,d QeZ esa lk>snkj gSAa vkidks lwfpr fd;k tkrk gS fd :

A, B, and C are partners in a firm- You are informed that:

¼i½ A us QeZ ls çR;sd ekg ds çkjaHk esa 2000#- fudkys A

A draws ₹ 2000 form the firm in the beginning of every month.

¼ii½ B us QeZ ls çR;sd ekg ds vUr esa 2000 # fudkysA

B draws 2000 from the firm at the end of every month.

¼iii½ C us QeZ ls çR;sd ekg ds e/; esa 2000 # fudkysA

C draws ₹ 2000 from the firm at the middle of every month.

vkgj.k ij 15% okf"kZd nj ls C;kt yxk;k tkrk gSA lk>snkjksa ds vkgj.k ij C;kt Kkr
dhft,A-

Section-C ¼[k.M& C½
¼ Long answer type questions ½
¼nh?kZ mÙkjh; ç'u½
Answer any four questions. Answer the questions in maximum 250 words.
fdUgh pkj ç'uksa dk mÙkj nsAa çR;sd ç'u dk mÙkj vf/kdre 250 'kCnksa esa nsaA

Q.47 31 ekpZ] 2024 dks A] B rFkk C dk fuEukafdr fpV~B k Fkk ykHk gkfu vuqikr 3:2:
FkkA

The following was the Balance Sheet of A, B and C who share profits and losses as 3:2:1 as
at 31st March’ 2024:
Liabilities ¼nf;Ro½ # Assets ¼lEifÙk½ #

Bills Payable ¼ns; foi=½ 24-000 Building ¼Hkou½ 68]000
Creditors ¼ysunkj½ 20]000 Plant ¼la;a=½ 36]000
General Reserve ¼lkekU; lap;½ 8]000 Stork ¼jgfr;k½ 48]000
Capital ¼iw¡th½: 1]20]000 Debtors ¼nsunkj½ 16]000
A; 60]000 1]72]000 Cash ¼jksdM+½ & 4-000
B: 40]000 172]000
C: 20]000
bl frfFk ij A fuEu 'krksZa ij vodk'k xzg.k djrk gS:
A retires on that date on the following terms:
¼i½ QeZ dh [;kfr dk ewY;kadu 12]000 # fd;k tk,A
The goodwill of the firm is to be valued at 12]000&
¼ii½ LVkWd rFkk Hkou esa 4% o`f) djuh gSA
Stock and Building are to be appreciated by 7%
¼iii½ la;a= dks 10% ºzkflr fd;k tkuk gSA
Plant to be depreciated by 10%
vkidh ¼a½ iquewZY;kadu [kkrk rFkk ¼ b½ lk>snkjksa ds iw¡th [kkrs rS;kj djus gSA
You are required to prepare (a) Revaluation A/c and (b) Partner's Capital A/c.
Q.48 X fy- us 10# okys 30]000 va'k tkjh fd;s ftudk Hkqxrku fuEu çdkj gksuk gS:
X Ltd. issued 30,000 shares of ₹ 10 each payable as under;
vkosnu ij ¼On Application½ ₹3
vkcaVu ij ¼On Allotment½ ₹3
çFke ;kpuk ij ¼ On first call) ₹2
vafre ;kpuk ij ¼ On Final call½ ₹2
v'kksd] ftldks 500 va'k vkoafVr fd, x, Fks] og nksuksa ;kpukvksa dh jkf'k nsus esa vleFkZ
jgkA mlds va'kksa dk gj.k dj fy;k x;k vkSj ckn esa gfj dks 9 : çfr va'k ij] iw.kZnÙk
esa iqu% fuxZeu dj fn;kA dEiuh ds tuZy esa vko';d çfof"V;k¡¡ cukb,A
Ashok, who had been allotted 500 shares failed to pay both Calls. His shares were forfeited
and re-issued at 9 per share to Hari, as fully paid-up. Make necessary entries in the books of

company.
Q.49 Z fy- us 1 vçSy] 2020 dks 100 # okys 42]000] 7% _.ki= 10% çhfe;e
ij fuxZfer fd, ftudk 'kks/ku 31 ekpZ] 2024 dks 100 okys lerk va'kksa esa 5%
çhfe;e ij ifjorZu djds gksuk gSA _.ki=ksa ds fuxZeu rFkk 'kks/ku dh çfof"V;k¡ dhft,A

X Ltd. issued 42,000, 7% debentures of ₹100 each at a premium of 10% on 1st April 2020
redeemable by conversion of debentures into shares of 10 each at a premium of 5%. On 31st
March 2024. Record necessary entries for issue and redemption of debentures.
Q.50 [;kfr D;k gS\ [;kfr ds ewY;kadu dh fdUgh nks fof/k;ksa dk o.kZu djsaA
What is Goodwill ? Explain any two methods of valuation of goodwill.
Q. 51 A] B vkSj C lk>snkj gS tks ykHk&gkfu dks cjkcj&cjkcj ck¡Vrs gSaA mUgksaus 31 March
2024 dh QeZ dks fo?kfVr fd;k ftl rkjh[k dks mudh fLFkfr&fooj.k fuEu Fkk\
A, B and C are partners sharing- profits and losses equally. They dissolved the firm on 31st
March 2024 on which date their Balance Sheet was as under:-
Liabilities ¼nkf;Ro½ # Assets ¼lEifÙk½ #
iw¡th [kkrk ¼ Capital A/c½ vpy lEifÙk;ksa ¼ Fixed Assets½ 100]000
A: 30]000 pkyw lEifÙk;k¡ ¼ Current Assets½ 40]000
B: 30]000 90]000 jksdM+ ¼Cash½ 10]000
C: 30]000 60]000
Creditors ¼ysunkj½ 150]000 150]000
lHkh lEifÙk;ksa ls iqLrdh; ewY; ls 10% de çkIr gq,A ysunkjksa dks iw.kZ Hkqxrku dj
fn;k x;k] olwyh ds O;; 500 #- gq, rFkk ,d lEHkkO; nkf;Ro ftlds fy, çko/kku ugha
fd;k x;k Fkk] 500 #- pqdk;k x;kA QeZ dh iqLrdksa esa olwyh [kkrk cukb;sA
All the assets realised 10% less than book value. Creditors were paid in full. Expenses of
realisation amounted to 500₹ and a contingent liability for which no provision was made paid
at: 500- Prepare Realisation Account in the books firm.

Q-52 nks o"kksaZ ds fy, ÛX Ltd. ds fpV~Bs fuEufyf[kr gSA jksdM+ çokg forj.k rS;kj dhft,%&
Following are the Balance Sheets of X Ltd. for two years. Prepare Cash Flow Statement:
Particulars ¼forj.k½ 31st March 2023 31st March 2024
i- Equity and Liabilities ¼lerk ₹ ₹
rFkk ns;rk,¡½
Share Capital ¼va'k iw¡th½ 200]000 250]000
10]000 25]000
Statement of P/L ¼ykHk&gkfu fooj.k½
70]000 45]000
Trade Payables ¼O;kikfjd nsurk,¡½¡
2]80]000 3]18]000
50-000 66]000
ii- Assets ¼lEifÙk;k¡½ 80000 90]000
Land ¼Hkwfe½ 120]000 1]15]000
Stock ¼LVkWd ½ 30]000 47]000
Trade receivables ¼O;kikfjd çkI;rk,¡½ 2]80]000 3]18]000
Cash ¼jksd M+½

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