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26th August 2014, 11:27 AM
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Join Date: Apr 2013
Re: CBSE 12th class Commerce Question Papers

Here I am giving you question paper for CBSE board of education class 12th Commerce examination in a PDF file attached with it

1. What is the basis for preparing Receipt and Payment Account? 1
2. Give the average period in months for charging interest on drawings
for the same amount withdrawn at the beginning of each quarter. 1
3. State the meaning of sacrificing ratio. 1
4. How does the nature of business affect the value of goodwill of a firm? 1
5. Give the meaning of 'Issue of Debentures as a collateral security'. 1

6. From the following information of a club, show the amounts of Prize
awarded & Prize Fund in the Financial Statements of the club for the
year ended on 31st March 2009 and 31st March 2010 : 3
Details ~
Prize Fund as on 1.4.2009 20,000
Prize Fund donations received during the
year 2009 - 2010 40,000
Prizes awarded during the year 2009 - 2010 69,000

7. Goodluck Ltd. purchased machinery costing ~ 10,00,000 from Fair Deals
Ltd. The company paid the price by issue of Equity shares of ~ 10 each at
a premium of 25%.
Pass necessary journal entries for the above tr~nsactions in the books

8. X Ltd. redeemed 1000,6% Debentures of ~ 100 each by converting
them into Equity shares of ~ 100 each. The 6% Debentures were
redeemable at a premium of 5% for which the Equity shares were
issued at a premium of 25%. Pass the necessary joumal entries for the
redemption of the above mentioned Debentures in the books of X Ltd. 3

CBSE 12th class Commerce Question Papers



Attached Files
File Type: pdf CBSE 12th class Commerce Question Papers.pdf (1.43 MB, 108 views)


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