11-17-2022, 10:20 AM
Download official sample question paper with answer key for CBSE class 12 Board exam 2023 of Accountancy.
Some sample questions from CBSE XII th Accountancy Model Paper 2023
1. Lala Ltd. and Bala Ltd. use different accounting policies for inventory valuation.
These variations leave a big question mark on the cross-sectional analysis and
comparison of these two firms was not possible.
Identify the limitation of Ratio Analysis highlighted in the above situation. Also
explain any two other limitations of Ratio Analysis apart from the identified
above.
2.Classify the following items under Major heads and Sub-head (if any) in the Balance Sheet of a Company as per schedule III of the Companies Act 2013.
(i)Â Â Â Current maturities of long term debts
(ii)Â Â Â Furniture and Fixtures
(iii)Â Â Â Provision for Warranties
(iv)Â Â Â Income received in advance
(v)Â Â Â Capital Advances
(vi)Â Â Â Advances recoverable in cash within the operation cycle
(i)Â Â Â Current maturities of long term debts
(ii)Â Â Â Furniture and Fixtures
(iii)Â Â Â Provision for Warranties
(iv)Â Â Â Income received in advance
(v)Â Â Â Capital Advances
(vi)Â Â Â Advances recoverable in cash within the operation cycle
3.Which function results can be displayed in Auto Calculate?
(a)Â Â Â SUM and AVERAGE
(b)Â Â Â MAX and LOOK
©Â Â Â LABEL and AVERAGE
(d)Â Â Â MIN and BLANK
4. State the features of Computerised Accounting System.
(a)Â Â Â SUM and AVERAGE
(b)Â Â Â MAX and LOOK
©Â Â Â LABEL and AVERAGE
(d)Â Â Â MIN and BLANK
4. State the features of Computerised Accounting System.
5. Describe two basic methods of charging depreciation. Differentiate between both of
them.
Detailed +2 Accountancy question paper can be had from the below link.
them.
Detailed +2 Accountancy question paper can be had from the below link.