Uttarakhand Board Class 12 Question Paper 2023 for Accountancy

Uttarakhand Board
Question Paper
CLASS 12

da =i. gBd gEif aft rilerr : rs
Roll No,
No. of printed pages : 15
13.2 43.2 (rcxl
2o23
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ACCOUNTANCY (THEORYI
vrrq,3qodl IEqFo.: tO
Time:3Hours] tMax.Marks: g0
fr{$ ' (i) q6 qsT-qr{ ft{ qTrit d Ar* t , 'o', 'q' 3f{ 'rrt
Directions: This question paper is divided into three parts r 'A', 'B' and 'c,.
(ii) t{rIT '6' ssft q$EnFfqf b ftTs o#lErd tt
Part'A' is compulsory for all candidates.
(iii) qrrs' srt< 'rr' fr t 6t$ r<D qrrr 56 o-<rr tt
Any one part from parts 'B' and ,C' is to be attempted.
(iv) nrd ag FNffu 3i6 s{b rrq-q gifrd fir
Marks allotted to the questions are mentioned against them.
(v) rd6 ssq 61 €qH$-6 ufut trqr Hgfud r+t frtser
Read each question carefully and answer to the point.
(vi) sqq riwr 1 deII eo egffio srq f;t fq qsii * !r+6. q*rs b sf,{ ii qR fu6eq
fr$ w f;t vft k6-s 3rufr nrcgkor tt ftrfuur
Question No. 1 & 20 are multiple choice questions" Four options are
given in answer of each paft of these questions. Write correct option in
your answer book.
(vii) $H q$T-w{ C grrq q* ot$ P{o.N Tfr * dQTrfr 6ftw qqjis 3ridk6 froro rcrq
fror rrqr dr tS qgti fr bro cry fr6N or fi r.r< ftfrur
Th€re is no overall choice in this question paper, however, an internal
choice has been provided in few questions. Attempt only one of the
given choices in such questions.

tlI I P.T.O.

qFI -'tF'(fufqTrg)
Part-'A' (AccountancY)

(6) FIEift{Rrd it * 6t{ sr tk dmo.rfr dn-dq
or scrr<ur t? 1

t
(i)fuTq(ii)gTbHoI.Fd(iii)sqrmEfi(iv)erffio3,IgdTdI
WhichofthefollowingisanexampleofNon-profitorganisation?
(i) CorPorations (ii) Audit Firms
(iv) Public HosPitals
(iii) Insurance ComPanies
1

(s) 3Trq 3f{ qq srdT qrsr€ltt: gfir-a orm t-
(iii) qId dril/eTfr (iv) eriRrro/wa
(i) G tlq (ii) (-fr frRr
generally indicates-
Income and expenditure account
(i) Cash Balance (ii) CaPitat Fund
(iv) SurPlus/Deficit
(iii), Net Profit / Loss
srdT t-
1

(rr) Eqfr srA fr dTlI d 6rfr 6f 6'€T<R-d fuqT
qra dr (ii) sTffi e [fi qre dT
(i) dTr{-6Tfr
lart 61 (iv) {+t t 6t$ qfr
(iii) wrfr
Profit&LossofRealisationAccountistransfenredto-
(i)ProfitandLossAccount(ii)TheCapitalAccountofthePartners
(iv) None of these
(iii) Goodwill Account
ar s6-dr t-
1

(q) ffi TA qTfdr dr Hr$rartr C eFqfrd Bor
(i)ffiwgrfdR6qEqfrt(ii)qtftg<IrqTffifrsdqfrt
(iv) g+t t 6t$ Tfr
(iii) d-fld qrfdlt fr s6qfr t
into a partnership-
A new partner may be admitted
partner
(i) With the consent of any one
(ii) With the consent of all old partners
partners
(iii) With the consent of majority of
(iv) None of these

12 |
432 (IGx)

(s) iln ftd rr$ 3ivii b gq' Frfqq b qq 3iqr ilur srt b ttq 61 rffr<Rd mq frqr
arcn t- 1

(i) mn+ erH frnwr d (ii) [fi riffi qrar dr
(iii) qFlr<r duq sraT 6'l (iv) r+t t ot$ Tfr
Balance of forfeited shares account after re-issue of forfeited shares is
transferred to-
(i) Statement of profit & loss (ii) capital Reserve Account
(iii) General Reserve Account (iv) None of these
(a) xurraqrt 6)e d - 1

(i) m.q$ & qrf,6 (ii) o-qfi b qrfro.
(iii) o.sft & Ar{R (iv) m-qfi & rsa;5
Debentureholders are the-
(i) Customers of the company (ii) Owners of the company
(iii) Creditors of the company (iv) Managers of the company

*c = qqf,dwrz t + ffdEfrftdw6erilbvqeJEq,3T?ffir:anrcq'3tfuTorr€ 3rq-ft
ffi{ gkol tt ft{fus-
Note : In Question No, 2to 4, mark'True'or'False'against the given statements
and write them in your answer book-

2 6;t&51 116 t{ Enffi detT tt 1

College is a non profit organisation.

3 mftil 3{t{ g.rdTT srdl tr6 qq srar tt 1

Receipts and Payments account is an expenditure account.

4 uno fr frfrd Hrffi fr agqfr df tt 1

Limited partnership is not allowed in India.

5 Hlqrq drrr q{ Erffikd drtr 6T 3irRrdq mr ororor dl
What is called the excess of actual profit over normal profit?
6 elffi m-d S frqffi q{, €ftrd drt{ 3ltr dqq 6T rffirilipr fos srt ii fuqr srdr t? 1

On dissolution of partnership firm, accumulated profits and reserves are
transferred to which account?

7. ufiq ritT qre d dtqfi b 3nFt6 fri t fus qa teftSl b sr;ilfu dqfqr srcTr t? 1

Under which head of company's balance sheet, the calls-in-advance account is
shown?

432(rcx) I3l

[P.r.o.

8 3Trrrq sil€rq rsrfr E @ ele fr 6t$ d srqq ftrfusl 2

Write any two differences between Receipt and Payment account and Cash
book.

9 Hffi b o.i$ dr frqrr ildrri dI rrrffi @ fr rdqfufr ii arldr& f;l z
Give any two rules of partnership which apply in the absence of partnership
deed.

10. qRildqqhd {fr Ed enfr H C oH a 3rtr{ ftRsst 2

Write any two differences between fluctuating capital and fixed capital.

11. 3isil Bi zurErit C dir$ d orq< ftRqst 2

Write any two differences between shares and debentures.

L2. q{ afiq 6'r frE{ {trfl b sTrErR T{ 3nrrr dpfl sil€rt qrar *cn< dBg - 4

$IITII :
at qrq Es < 2,400, dqt 6'r fr{rqr srw nfh ( 140; fi.sr vf6 ( 700; ffiFrFT.Ia t Hw
{rfrr < 1,500; ftFri)rii t qrw rEna r 720. r}vr gc6' < 600, 6FT < 1200.
W,
rr$ryd 7 fi4; aTg drq 7 240; ttr{ < 1200; EtIr$ den ts{ srqfi t 360; d?ilrm 116 6'r llrrFr
{ 1,020; dfidx fr qsffi { 816; frgd qq r 480; furrqr 3t{ 6-{ < 600.
rltd : d{ b srfr ti grffi itrq < 300 derT 3Tqrqil il<r < 500 erTl rEtrfi s( < 200 Ers drrr;rT
tt
@ qrd 1 s{-dft 2021 < 1,116;
t6$ dT-fr sr frsry{ 2021 < 3,s16.
Prepare a Receipt and Payment Account of Doon Club from the following
information-
Receiots :
subscriptions Received t 2,4oo; Rent of Room ( 140; Games fees t 700;
Receipts from canteen { 1,500; Interest on Investment 7 72O; Entrance Fees -
t 600; Donation < 1,200.
(rcx) I4l

432

I

Pavments :
Repairs 7 t44; Petty expenses 7 240; Salaries t 1,200; Printing and Stationery
t 360; Canteen Stores { 1,020; Wages of guard ( 816; Electric charges ( 480;
Rent and taxes < 600.
Note : There were outstanding salary < 300 and accrued subscription ( 500 at
the end of the year. Furniture is to be depreciated by < 200.
Cash Balance 1st January, 2O2L < 1,116.
Cash Balance 31st Decembeq 2O2L < 3,516.

13. 1rq st{ drs z ' 3 b srdqta C mn+ or frrnrq o<i 6u rrrffi it dl *tFT dl Hrfdr b
sq fi t'dqr frlqr drf,r tt *dlq b qeT ti {rq 3Tqi R b 117 6I sp16-taT t 3ik mt{ 3Tqi
H b 1/3 oI tqFI tnkTT tt mnr fuTrffi oI;T{IT 3rdqrd f,rd dtssl 4

Ram and Mohan have been in paftnership sharing profits in the ratio of 7 : 3.
Sohan is admitted as a paftner. Ram surrenders L/7 of his share and Mohan
surrenders L/3 of his share in favour of Sohan. Find the new profit sharing ratio.

3neril / oR
Ti rrBil{ b qivr rr srfr b tei-oq fr ARrs frftrqt dI il,t{ dftrst
Discuss various methods of accounting for goodwill on admission of a new
paftner.

L4. < 10 qfr3iqrErd 10,000 $rrfrr3ivii tifrHfra < 1,00,000 dd-SEd {-Sdre n fro o.rq*
t +,000 sisit 6r Frdqq fur ffi{ q{ qfr 3iqr < 1 sfl-ifr q{, < 2 sikia tR, < 3 qelq qfiT
T{ 3t{ tN 3{Ferq uilErqr q{ tq frr mft eiqil 6T grriflq Bftrf,d fro rrqr tt rq t{-Htb ftru
tffnq'il sfdfrrci fiBut 4

A Ltd. Company with registered capital of { 1,00,000 divided into 10,000 equity
shares of { 10 each, issued 4000 shares payable as{ 1 pershare on application,
{ 2 on allotment, ( 3 on first call and the balance on final call. All ppyments were
duly received. Pass journal entries for above transactions.

3ferdlr / oR
432 (rGX) tsl I P.r.o.

I

'[dfRr6r( eiar' ffir tl BRrs ror< b ggfftrdr< sisil 6T wfq frfru,
What is a 'Preference Share'? Describe the different types of preference shares.

1s. pftilFr&trrq6lrd6< lodr& 1,000 3isrFFfFkTHt rrqt< s3{rtfrtr{, <4 3ildeq
trr q6Tqr foq wr+ ud 3rFdq frr b < 3 g6'r =rfr qrfit qRunrssq 3sb 3isil 5-1 5<ur 6-{

ftrqrl p frft& frt T€-d\ fr srrqq{6 il+d sfdM atBst 4

p Ltd. issued 1,000 shares of ( 10 each to Ram. Ram paid { 3 per share on
application,T 4 on allotment, but failed to pay t 3 per share on first and final call.
Consequently his shares were forfeited. Pass necessary journal entries In the
books of P Ltd.

16. FrrqftTfud 3lim.dt t, 3il-sd trTtit fi E#drtT frfu arr reqrfr fi rrurqr dBu- b

(i) ErwE6 st(rd mTt{ : { 80,000
(ii) gFfl-q rerq d zR : LOo/o
(iii) ga vwffi (wrft dr d-96{l : ( 10,00,000
(iv) d@ drfud : ( 4,00,000
From the figures given below, calculate goodwill according to the capitalisation

of Average Profits Method-
(i) Actual Average Profits : ( 80,000
(ii) Normal rate of return : lOo/o
(iii) Total Assets (excluding goodwill) : { 10,00,000
(iv) Outside liabilities : { 4,00,000

STerdr / oR
wrfr fr srd€rrurT 6r Eufq frBs 3flr f,sb Tgt6T fi fdFtg fdRrdi o'r ww otfrut
Describe the concept of goodwill and explain the various methods of its evaluation.

432 (rGX)

161

d

L7. 1 3Tfd, 2020 dr A d B 6'1 3TrFr6 fusr Frq66" tl t mnr-arfr mr frqrsn 3, 2 b 3rdqla
froqtdt 6

arfrd €ffi{rfrT wfrdi €r+<tRT

(
=

fdfr€r tr{dg 1 5,000 litFT 18,000

Kfr sii < wrod Ed wt=rt 1 5,000

A 20,000 s-€I 12,000

B 25,000 45,000 t{flT 1 0,000

tr6$ 5,000

60,000 60,000

sm ftrfU d c ol FrH qd q< rrrffi C risr ftrn rrqr-
(i) il625,000 <ffrbsqit fudelr 1/5 mrr+bHbfru to,ooo <wTftbvqii
nfint
(ii) nuTftrqi o;r nerm fr-n gsr -
rttri 25,000 (; ww E qffi 12,000 t; 1s-€t 12,000 <; trar< 9,500 < ttftrtl zuil
b or<urt
(iii) ?16 fl?I pn fo qrd qrfu b irisftr d try afud 1,500 < ot *, H 5ro f q€f ftrqr
.rqr tt
sqtm b AEi6q fu snor+o Atr{ sri deII C b rnqr b qn o'r enf[r6 fogT qflEsl
On 1st April, 2O2O the Balance Sheet of A and B is following. They share profits
and losses in the ratio 3:2 .

Liabilities Amount Assets Amount

Sundry creditors 15,000 Building 18,000
Capital A/cs Plant & Machinery 15,000
A 20,000 Stock 12,000
B 25,000 45,000 Debtors 10,000
Cash 5,000

60,000 60, 000

432 (rGX) t71 lP.T.O.

3

C was admitted in the partnership on that date
under following circumstances :
(i) He will give ( 25,000 as capital and will bring <
10,000 as goodwill for u5
share of Profit.
(ii) Assets are evaluated as follows :
( ( 12,000; Debtors
Building ( 25,000; Plant & Machinery 12,000; stock
< 9500 (due to doubtful debts)'
(iii) It is known that there is a liability for goods received for { 1'500'
which is

not written in the books.
prepare necessary ledger accounts & also give Balance sheet after the
admission of C.

18. B au < 100 Erd 100 srrdr 3iqr dt < 50 fr qerq Eq 3TFilq
ql.rqr
6r Uftilq =rfr frf t r<q
6-{ ftTs rrs $, c dl < 70 qfr ffi WIo' To.dr
qlri W ga'frrffro ftne rrs f;r tpr sf{
gq,fipfw b & & tffi{rq-dr sfdFd ftBer
B's 100 forfeited equity shares of ( 100 each for non-payment
of first and final
(
call of ( 50 are re-issued to C for 70 per share fully
paid. Give the journal

entries for recording forfeiture and reissue'

STerrfr / oR
6qS d 3isr H t 3{FI nII sryt f;a zra ffi tTritfr Bffifu fr sr s6ft ta
ffi t
q-6,r frluur sr ffiFdr t?
3TrEr6 fugr fr 3isr tS dr fus
many classes it can
what do you mean by share capital of a company? In how
balance sheet?
be divided? How is share capital shown in a company's

19 ffiC HrsSH ftfrts drr *qwr qil€Iq 6tq < 16,000 t,q-tsil < 20,000 (qrqqr') Friqr 6'I
d'T qlr€Iq a,{t
drild, tr tei 5wo) t ?[urT, < 50,000 t 3fu 1olo di a< < 10,000 Turw't

b 3tqq t < sa fi e< t < tz,ooo lqrqqrr) Ffisr 6;1 tqr 3@ 11qqElti
rrqrt d'r trsr d'-{i
qfi frfur'
b ft{s 3TM tg1 956;1 d e-trgt (g.ra 3t{ ffifr €qH
q{ ''6
at ( 16'000'
The Debenture Redemption Fund of Export Industries Ltd'
stood
stood in the
represented by < 20,000 (nominal) investments' The debentures
books at ( 50,000 and the company sold < 12,000
(nominal) investments at (
a premium of 1olo' You
84 for the purpose of redeeming < 10,000 debentures at
transactions'
are required to show the ledger accounts to record the above
(Ignore interest and brokerage)'
t8l

432 (IGx)

a

qFI -'s' (ftSq fut 6T ftqdqur)
Palt-'B' (Analysis of Financial Statements)

20. (6',) dqitftrd tsto-q rrilq-3 b srgwr* fuK sqfrrit b mq dr qt.Tr arar t - 1

(i) qfrnil{ frqr (ii) frFrdm{ frqT
(iii) ftftn{ Brqr (iv) 3qtrtr C t oH rA
According to AS-3 (Revised), purchase of fixed assets is treated as :

(i) Operating activity (ii) Investing activity

(iii) Financing activity (iv) None of the above

(q) ff{ffirT 3TWrd tt sFqfud qfr +dr t- 1

(i) @ (ii) t6 tq
(iii) t{ffi (iv) retffil
Quick ratio does not include :

(i) Cash (ii) Bank Balance

(iii) Debtors (iv) Inventories

*9, sqq d!ffi 21 delr 22 tt frt rru oprt'ib vqe 'trer 3TerEI 'trtr64' 3tfud ffi 3+ 3Tq-S

ffir gko ti ftTftqe-
ilote In Question No. 2L &.22, mark 'True' or 'False' against the given statements

and write them in your answer book-
t

2L. tlog rqra frfiTr, @ rsmr 6T str koe tt 1

Cash-flow statement is a substitute of Cash account.

432 (rcx) tel lP.r.o.

22 Err{, vo6 crd uq arfrrm or snaef srdqrfr e'1 tt 1

Ideal ratio of current assets and current liabilities is 2:1.

23. tos rqr6 fur{q b ot$ d rrrftr e-andt 2

Give any two uses of Cash Flow Statement

24. Freifud qil{r t @ qor6 fu{rrr +q-K o1tsu- 4

sRfrffi fu tq 15,ooo

srfuq G 9rq 17,ooo

td.o, it o.fi 8,ooo

aiT kd d Ek 12,ooo

Rnft ngTfr{ii of kfi 3o,ooo

Ad grdRr b zur * U..oo 5o,ooo

E{ b fre f,H 2,ooo

From the following information, prepare a cash flow statement-

Opening Cash Balance 1 5,000

Closing Cash Balance 1 7,000

Decrease in Stock 8,000

Increase in Bills Payable 12,000

Sales of Fixed Assets 30,000

Repayment of Long-term Loan 50,000

Net Profit for the year 2,000

432 (rcx) [10]

a

2s. qrsfr fr. & qS zozt e frfrq 3IFrdRdt t FrH <bq-eri6 ftrS rr$ d '

rrtfrro ffi-€I 65 000

ES &. at<rq mq 3,40,000

dS b d<rq F*f,q 4,00,000

3rFffi ffi€I 50,000

a$ zozt b frs q$fr fr. mr ffi-{I 3qvrd s6 dBut 4

The following inventory data has been taken from the financial records of Maruti
Ltd. for 2021:
(
Inventory Opening 65,000
Purchases during the year 3,40,000
Sales during the year 4,00,000
Closing Inventory 50,000
Calculate Inventory ratio of Maruti Ltd. for the year 202L.

26. ercr mr<qltsm b 3IRrMt t frH Hri6 st frffiry{, 2022 dt ffq ffi rr$ d'

trrc 25,000

t{tr{ (gd) 12,000

ffi-{I 8,000

gtrdrf, qq 2,000

Arffi 12,000

tq frrd 3,000

ffi 53,000

Fq 34,000

oo ErqS 750

rm qilfl b smn< q< Frrq d rrurqr frfrs- 6

(3T) o.rdq?rf, gS srgqrd
(d) il{d 3{-{qrd
(q) w-*r sffid

432 (rcx) [ 11 ] I P.T.O.

The following data are being taken from the records of Tata Corporation as on
31st December, 2022-

Cash 25,000
Debtors (Net) 12,000
Inventory 8,000
Prepaid Expenses 2,000

Creditors 12,000

Bills Payable 3,000

Sales 53,000

Purchases 34,000

Purchase Returns 750

On the basis of above information, compute the following:

(a) Working Capital Ratio
(b) Quick Ratio
(c) Inventory Turnover

qrrl-'r[' ( gtFffifrr{ dsioql

Part-'C' (Computerised Accou nting)

zo. (6) 6qR b t5 srdr-{uii 61 66t d, 1

(i) ffi{R (ii) erdtnr
(iii) 6q6{ fi.'nq (iv) t6r
Physical components of a computer is called:

(i) Software (ii) Hardware
(iii) Computer Programme (iv) Data

432 (rcx) ltz I

a

(s) srerifl rdRI sunft t: 1

(i) rr$fur rdfr (ii) Ftrqr il6fu
(iii) #r+* qsfr (iv) w{-* if t dr$ T&
Database Management sYstem is a:

(i) Hardware system (ii) Information technique
(iii) Software system (iv) None of the above

q)6 : qqq {gar 21 aen 22 t ftA rru 6er+ b $q-{q'ser 3TeFII'3NreI' 3iBa 6{ s+ 3I(rS
rnr gko,r ii ftfus t

Note : In euestion No. 2L &22, mark 'True' orE!se'. against the given statements
and write them in Your answer book'

zt. o.tr{6{ Flfrrq< Bqpii dt try to.w fr o< soar tt 1

computer can perform millions of operations in one second.

22. 6u{-R d s!fi gE dtft *t 1

Computer have intelligence of their own.

23. FWFffi tffid ffiI t? 2

What is electronic sPreadsheet?

24. {13nd ffid b erq v< gffiF--o ffid u1 3qdFI oG & ot$ ar< ETrt{ ildr{tt 4
Write any four advantages of using electronic spreadsheet in place of manual

spreadsheet

2s. 6qc,{ d qr< 5w fttrr.neit ait mrEut 4

Explain four main features of computer.

432 (rcx) t13 I lP.T.O.

{

26. (6) ffi sqrq fr. +o qMi 61frgtr 6-{t d, ffi til{ iina tar, ffi qrTr, T6rq

fu-{rqT qril den qTFQr eft{ffi trflT HFqfrd dt T,l-flq b Fmftfua Frqq d,

trdid rrsmr 6Tl b frE ncftfua srdr 6r sq w uds C arq\rr o€ 6u try.q.tfr.
C qw ftfut
q?ilq fu-{rqr qrrT : < 1s,000 Am n+-r ffiF < 3000, < 25,000 na tm ilF < 5000,

< 4o,ooo no *ar t 3Tftr6 q{ < 9ooo.
qT$ erftUffi t+rr , go trq 6T eo sfrsrf, d r< * ABq qrdq < 4000. 3

M/S Shyam Ltd. employs 40 persons whose salary comprises basic pay,

dearness allowance, house rent allowance and city compensatory allowance.

The following are the rules that govern the payment:

Write the queries in SQL using the following data in MS-Access to compute

the allowances.
House Rent Allowance : < 3000 upto a basic pay of t 15,000, { 5000 upto

basic pay of < 25,000, < 9,000 for basic pay above < 40,000

City compensatory allowance : @20o/o of basic pay subject to a minimum

of ( 4000.

(s) Fmftfua qf,qr b'sntm qr qrk6 sei drffi6 qrf, 6{ fr rrurqr ag ffi hq-dT

:
frftqu !
uuTfrEffi{rEr < 4ooo

ffii 61 Er+{Tfrr
qTfuo, < 2oo
ffit 61 +qr 48

432 (rcx) 114 l

t

write spreadsheet formula to find out monthly and annual rate of interest
on the basis of following informations:
Loan Amount < 4000

Term of Loan 4 Years

Amount of Monthly Instalments < 200

Number of Instalments 48

*****

432 (rcx) I15 I

d