Maharashtra HSC board commerce solved question paper

Can you provide me the previous year question paper for Class 12th Commerce - Book Keeping/ Accounts paper – of Maharashtra State Board of Secondary & Higher Secondary Education?

[sumit]

The previous year question paper for Class 12th Commerce - Book Keeping/ Accounts paper – of Maharashtra State Board of Secondary & Higher Secondary Education is as follows:


Q.1. Attempt any THREE of the following sub‐questions: [15]

(A) Answer the following questions in ‘one’ sentence each: (5)
(1) Which statement is prepared under single entry system to ascertain profit?
(2) What is ‘capital deficiency’?
(3) What do you mean by ‘non‐recurring expenses’?
(4) How is gain ratio calculated?
(5) What is ‘retirement of a bill of exchange’?

(B) Write a word/term/phrase as a substitute for each of the following statements: (5)
(1) The amount which is not recoverable from the debtors.
(2) A person on whom a bill is drawn.
(3) The ratio measuring the relationship between gross profit and net sales.
(4) Winding up of partnership business.
(5) Officer appointed by the Central Government for noting of dishonour of a bill.

(C) Select the most appropriate alternative from those given below and rewrite the statements: (5)

(1) _______ is an intangible asset.
(A) Goodwill (B) Stock
(C) Building (D) Cash

(2) _______ is an acknowledgement of debt under common seal of a company.
(A) Share (B) Debenture
(C) Cheque (D) Bond

(3) When closing capital is greater than opening capital, it denotes _______.
(A) profit (B) loss
(C) no profit, no loss (D) asset

(4) Cash proceeds from the issue of debentures is a _______ activity.
(A) operating (B) trading
(C) financial (D) non‐financial

(5) _______ is a person to whom the amount on a bill is payable.
(A) Drawer (B) Drawee
(C) Payee (D) Endorser

(D) State whether the following statements are True or False: (5)
(1) Not for profit concerns do not have profit motive.
(2) Bank account is debited when a bill is sent to the bank for collection.
(3) A new partner is admitted in the firm for getting additional capital and skill.
(4) Closing stock is always valued at market price.
(5) Shares are always issued at par.



Question Paper Class 12th Commerce - Book Keeping Accounts paper – Maharashtra State Board of Secondary & Higher Secondary Education