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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