CBSE Sample paper class XII Accountancy 2008 4


JAWAHAR NAVODAYA VIDYALAYA, DIST-ANGUL(ORISSA)

2ND UNIT TEST(JULY-2007)

ACCOUNTANCY-XI

Time Allowed-1HR. Maximum Marks-25

Answer all questions

1. What shall be the amount of capital if cash is Rs.5,000; Furniture Rs.12,000; Stock Rs.30,000

and creditors Rs.6,000 ? (1)

2. Nominal Accounts are related to which items ? (1)

3. Explain the types of Accounts. (3)

4. What do you mean by Accounting Standard ? Give any two examples of it. (3)

5. How is Revenue of an organization recognized ? (3)

6. Explain the following concepts:

a) Dual Aspect Concept

b) Business Entity Concept

c) Accounting Period Concept

d) Going Concern Concept (4)

7. Explain the Modern Rules of Debit and Credit. (4)

8. Prepare an accounting equation from the following:

a) Mr. X started business with cash Rs.1,00,000

b) Purchased furniture for cash Rs.5,000

c) Purchased goods on credit Rs.30,000

d) Paid salaries Rs.6,000

e) Paid cash to creditors Rs.20,000

f) Rent outstanding Rs.1,000 (6)

==========ooo==========

 

iCBSE India