Sample Question Paper Accountancy solution 2025 

1. Select the correct answer of the following-
(6×1)

Answer:
I. (a) As Owners and Agent, 
II. (d) an artificial asset,
III. (c) Gaining ratio,
IV. (a) Capital Profit,
V.  (c) Position Statement,
VI. (d) 1:1

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Q 2. Fill in the blanks-.   (6×1)

Answer:
I. Contract.
II. Helps.
III. Convertible
IV. Liabilities (Share Capital)
V. Financing
VI. Current

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Q 3. Answer the following in True/False-
(6×1)

Answer:
I.  False  
II.  True  
III.  False  
IV.  True  
V.  True  
VI.  True.

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Q 4. Matche the columns-   (7×1)

Answer:
I.   (d). Fixed Capital
II.  (e). Compensation
III. (f).  Executor of deceased partner
IV.  (g). Sundry Creditors
V.  (c). Creditors
VI. (b). Fully paid.

VII (a) Winding up.

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Q5. Write answer in one sentence.        (7×1)

Answer:
I. 50.   
II. Goodwill.  
III.  Article of Association.  
IV.  Re - issue of shares 
V. Reserve and Surplus.  
VI. Operating Activities.   
VII.  Share issue at Premium.

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Sample Question Paper 2025 Accountancy 12th.

Sample Question Paper 2025 Accountancy 12th with Solution.

1. Select the correct answer of the following-
(6×1)
I. The relationship of partners with the firm is-
(a) As owner and Agent
(b) As Servant
(d) As monopolist
(c) As manager

II. Goodwill is-
(a) A Current asset
(b) A fixed Asset
(d) An artificial Asset
(c) A tangible Asset

III. When old ratio is deducted from new ratio, it is called-
(a) Sacrificing Ratio
(b) Equal Ratio
(c) Gaining Ratio
(d) Loss Ratio

IV. Security premium is-
(a) Capital Profit
(b) Revenue Profit
(c) Capital Loss
(d) Revenue Loss

V. The balance sheet is called-
(a) Assets Statement
(b) Liabilities Statement
(c) Position Statement
(d) Income Statement

VI. Ideal liquid Ratio should be-
(a) 1:2
(b) 2:1
(c) 2:3
(d) 1:1

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Q 2. Fill in the blanks-.   (6×1)

I. To be a partner of a firm, the person must have ability of ...........
II. Goodwill is ......... to earn profit.
Ⅲ. The debentures which can be converted into shares are called....... debentures.
IV. The balance of share forfeited A/C is shown in ......... side of the balance sheet.
V. Cash received from the issue of of shares is ........ activity.
VI. The bank overdraft is treated as ........ liability.

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Q 3. Answer the following in True/False-
(6×1)

I. In the absence of partnership agreement, the profit is shared in capital ratio.
II. Registration of partnership is not compulsory.
III. Revaluation account is prepared when the assets are sold.
IV. On dissolution of firm, payment made to creditors is debited to realisation account.
V. A private company doesn't issue a prospectus.
VI. Depreciation is a non-cash item.

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Q 4. Match the columns-.          (7×1)
                   (A).                                            (B)
I. Current Account.                     (a) Winding up Of Company
II. Sacrificing Partner.                (b) Fully Paid
III. Part Amount of Reserve.    (c) Creditors Turnover Ratio
IV. Trade Payable.                      (d) Fixed Capital Method
V. Credit Purchase.                   (e) Compensation
VI. Debenture Stock                 (f) Executor Of Deceased Partner
VII. Reserve Capital.                (g) Sundry Creditors

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Q5. Write answer in one sentence.        (7×1)
I. What is the maximum number of members a partnership firm can have?
II. Accounting standard -10 is related to?
III. The document which is related with internal management of a company is called?
IV. Sale of forfeited share is called?
V. Under which heading profit of company is shown in the balance sheet?
VI. What type of activity of cash flow is receipt of cash from customers?
VII. Issue of shares at a price higher than its face value is called?

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Q 6. What is partnership Deed?   (2)
OR
What is meant by Firm?

Q 7. Mention any two reasons for the retirement of a partner.         (2)
OR
What is meant by internal fund?

Q 8. Explain the Realisation account.  (2)
OR
Which accounts are prepared on dissolution of firm.

Q 9. What is meant by minimum subscription?                                (2)
OR
What is Authorized capital?

Q 10.  A company issued 15,000 equity shares of 100 each to the public. All amounts have been received in lump-sum. Pass the necessary journal entries in the books of company.                 (2)
OR
What is stock?

Q 11. What is meant by Surrender of Shares. OR.                      (2)
What is meant by Forfeiture of shares?

Q 12. Write any two difference between Current ratio and Liquid ratio?      (2)
OR
Calculate net profit ratio-
Net Profit.        ₹ 12,80,000
Sales.                ₹.     80,000
Sales Return.    ₹.    80,000

Q 13.  What are Non cash item?      (2)
OR
What is meant by cash outflow?

14. What are meant by convertible debentures?                                (2)
OR
Ravi trades purchased furniture costing ₹ 2,20,000. It was agreed that the purchase consideration be paid by issue of 10% debentures of  ₹ 100 each. Give necessary journal entries in the books of Ravi traders.

Q 15. What is meant by calls in Arrears?   (2)
OR. 
Write the meaning of calls in advance?

Q 16. Write any three causes of origin of goodwill.                                   (3)
OR
Jay, Vijay and Sanjay are partners sharing of profit in the ratio of 3:2:1. The Partner agreed to share future profit in the ratio of 4:3:1. Find out the share of gain and sacrifice of each partner as a result of this change.

Q 17.  Hemant and Jayant are partners sharing profit and losses in the ratio of 3:2. They agreed to admit Ajay into partnership on 1 January 2023 and give him ¼ share of profit which he acquire equally from Hemant and Jayant. Ajay brings ₹ 20,000 as capital and ₹ 8,000 as goodwill. Pass necessary journal entries.          (3)
OR
Why is a new person admitted to partnership firm as a partner? Write any three reasons?

Q 18. Write any three difference between Shares and Debentures.        (3)
OR
Anant limited issued 8,000, 6% Debentures of ₹ 100 each at a discount of 10%, payable ₹ 40 on application and balance on allotment. Pass necessary journal entries in the books of company.

Q 19. Show how the following items will.   appear in a company's balance sheet-. (3)
land and building.             ₹ 15,00,000
Goodwill.                               ₹ 3,75,000
Marketable securities.          ₹ 75,000
Cash.                                      ₹ 1,95,000
Trade Receivables.                ₹  20,000
OR
Write the major headings of the "Equity and Liabilities" side of the company's balance sheet as per company's Act 2013.

Q 20. The net average profit of Yash Ltd. is ₹ 1,68,000 per year. Capital invested is ₹ 10,00,000. Rate of return is 12%. Remuneration of partners is ₹ 24,000, Calculate goodwill by capitalisation of super profit method.               (4)
OR
Write the Difference between Sacrificing ratio and Gaining ratio.

Q 21. Write the procedure of forfeiture of Share.      ( 4)
OR
Paras, Vikas and Nitin are partners in a firm sharing profits in the ratio of 3:2:1. Vikas retires on 31 Dec 2023.On this day the balances of Capital Accounts were ₹6,000, ₹5,000 and ₹ 4,000. Goodwill is valued at ₹ 4,500 which will not appear in the books. On the basis of revaluation, machine and stocks are reduced by ₹ 1,200 and ₹ 800 respectively. Provision of ₹ 280 is made for doubtful debts. The creditors are reduced by ₹ 600 and the patents of which the book value was ₹ 300 became valueless. Prepare profit and loss adjustment account and partner's Capital Account.

Q 22.  Write the procedure of forfeiture of shares.        (4)
OR
A company issued 2,000 equity shares of ₹ 10 each at a premium of 10%. The final call of ₹ 2 was not paid by A, Who holds 200 shares and his shares were forfeited, Half of the forfeited shares were reissued at ₹ 8 fully paid up. Give journal entries for the forfeiture and reissue of shares.

Q 23. Explain the method of calculating "Cash flow from operating activities" under indirect method.        ( 4)
OR
Calculate cash flow from operating activities from the following information-

Particulars.             31-03-2022 (₹) 31-03-2023 (₹)

Surplus in Profit and Loss 2,40,000  2,20,000
Debtors.                                 1,24,000  1,00,000
Outstanding Rent.                   84,000.    48,000
Goodwill.                               1,52,000. 1,60,000
Prepaid Insurance.                   8,000.    16,000
Creditors.                                 76,000.    52,000

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Model Question Paper 2025 12th Business Studies with answer.

Model Question Paper 2025 Class 12th Business Studies With Answer.

Q1. Select the correct answer of the following-

(I) Henry Fayol was a-

(a) Social Scientist

(b) Mining Engineer

(c) Accountant

(d) Production Engineer

(II) Topographical conditions of country are related to-

(a) Economic Environment

(b) Physical Environment

(c) Legal Environment

(d) Cultural Environment

(III) Objectives should be-

(a) Ideal

(b) Rigid

(c) Realistic

(d) One Sided

(IV) Which of the following does not follow the scalar chain-

(a) Functional Structure

(c) Formal organisation

(b) Divisional Structure

(d) Informal organisation

(V) Staffing Relates to-

(a) Political aspect

(b) Economic aspect

(c) Social aspect

(d) Human aspect

(VI) The First step in controlling process is-

(a) Preparing the budget

(b) Setting up of standards

(c) Measuring of performance

(d) Finding the deviation

Answer: I. (a) Mining Engineer, II. (b) Physical Environment, III. (c) Realistic, IV. (d) Informal Organization, V. (d) Human Factor, VI. (b) Setting up Standard.

Q 2. Fill in the blanks-

(I) Principles of management are based on ......

(II) Standing plan is of....... nature.

(III) Decentralisation lessens the workload of ........ Executives.

(IV) The recruitment in educational institution is called .........

(V) Controlling helps in minimising the ...........

(VI) Financial management is a part of ..........management.

Answer: I. Fundamental Truth, II. Non - recurring,  III. Senior , IV. Campus Selection, V. Deviation, VI. General Management

Q 3. Answer the following in True/False-

(I) In the capital structure working capital is included.

(II) The arrangement of fixed assets is made from long term funds.

(III) Controlling is applicable on all management levels.

(IV) "On the Job training" is provided by supervisors and senior worker of enterprise.

(V) Marketing management is customer oriented.

(VI) Price does not affect the profit of business enterprise.

Answer: I. False  II. True  III. True  IV. True  V. True VI. False

Q 4. Match the columns-
                        A.                                                 B           

(I) Top Level Management.                                 (a) Followers

(II) Lower Level Management.                          (b) Monetary Motivation

(III) Essence of Management is called.          (c) Oral

(IV) To Provide support in the decisions of directorate.                                                           (d) Policy Making

(V) Bonus.                                                           (e) Coordination.

(VI) Informal communication.                      (f) Supervision.

(VII) Leadership                                               (g) Middle level management.

Answer: I. (d),  II. (f) III. (e),  IV. (g) V. (b) VI. (c)  VII. Followers

Q 5. Answer the following in one word/sentence-

(1) What does an apprentice get during the training period?

(II) Who controls the financial activities of an undertaking?

(III) Which capital is used to purchase raw material?

(IV) Which policy is created for various process of marketing?

(V) Which technique is used for increasing current sales?

(VI) How many levels are there in consumers forum?

(VII) In which commission the hearing for value of more than 10 crores rupees in done under the Consumer Protection Act, 2019?

Answer: I. Stipend II. Financial Manager. III. Working Capital. IV. Marketing Strategy V. Sales Promotion VI. Three  VII. National Commission.

Q 6.  Write the functions of management (Any two)

or

"Management is a science." Explain.

Q 7.Write the importance of coordination. (Any two).

Or

Write the functions of Top Level Management. (Any two).

Q 8.  Write the main characteristics of globalization. (Any two)

Or 

What is meant by liberalisation?

Q 9. Explain the dimensions of business environment. (Any two)

Or

Write the advantages of demonetization. (Any two)

Q 10. Define Planning.

or

"Planning is a continuous process." Explain.

Q 11. Write any two characteristics of functional organization.

Or

Write any two characteristics of divisional structure of organization.

Q 12. Write any two advantages of formal organization.

Or

Write the importance of delegation of authority. (Any two)

 Q 13. What is the purpose of Branding?

Or

 Explain any two elements of Marketing Mix.

Q 14.   Describe any two problems of consumers.

Or

What is "Eco-Mark"scheme?

Q 15.  Explain the ways of consumer protection. (Any two)

Or

Explain the District Consumer Forum.

Q 16.  Differentiate between Delegation of Authority and Decentralisation.

Or

Explain the steps involved in the process of organization.

 Q 17. State in brief various styles of leadership.

Or

Describe the important forms of non-monetary motivation.

Q 18. Explain in brief the process of controlling.

Or

State the objectives of controlling.

Q 18. Describe the importance of financial planning. 

or  

Explain the factors affecting dividend decision.

Q 20. Explain any four principles of scientific management given by F.W.Taylor.

Or

Explain the nature of principles of management.

Q 21. Differentiate between objectives and policy.

Or

Explain the limitations of planning.

Q 22.  Explain the stages of staffing process.

Or

Distinguish between training and development.

Q 23.  Explain the functions of Marketing. 

Or

What is meant by packaging? Explain its importance.