JMI Class XII Accountancy Sample Question Paper 2020 Download Free PDF
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JMI Class XII Accountancy Question Paper 2020 Download Pdf
Jamia Millia Islamia (JMI) 2020 Class XII Accountancy Sample Question paper Free Download PDF is available in www.oldquestionpapers.net which has been provided by many students this JMI 2020 paper is available for all the students in FREE and also JMI Class XII Accountancy Question paper 2020 fully solved JMI with answer keys and solution.
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SAMPLE QUESTIONS
Q1. Ruchi Ltd issued 42,000, 7% Debentures of 100 each on 1st April, 2011, redeemable at a premium of 8% on 31St March 2015. The Company decided to create required Debenture Redemption Reserve on 31st March 2014. The company invested the funds as required by law in a fixed deposit with State Bank of India on 1st April, 2014 earning interest @10% per annum. Tax was deducted at source by the bank on interest @10% per annum. Pass necessary Journal Entries regarding issue and redemption of debentures.
Q2. ABC Ltd was a cloth manufacturing company located in Delhi. Being a socially aware organisation they wanted to set up a manufacturing plant in a backward area of Kashmir to provide employment to the local people. On July 17, 2014 a flood had hit the entire state of Jammu & Kashmir causing massive destruction and loss. The company wanted to help the people, so they decided to raise the funds through issuing 50,000 Equity shares of 50 each to set up the plant in the rural area of Kashmir.
Q3. The Goodwill of X ltd. increased from 2, 00,000 in 2013-14 to 3, 50,000 in 2014-15. What will be its treatment while preparing Cash Flow Statement for the year ended 31st March 2015?
Q4. Mudra Ltd. is in the process of preparing its Balance Sheet as per Schedule III, Part I of the Companies Act, 2013 and provides its true and fair view of the financial position.
- a) Under which head and sub-head will the company show ‘Stores and Spares’ in its Balance Sheet?
- b) What is the accounting treatment of ‘Stores and Spares’ when the Company will calculate its Inventory Turnover Ratio?
- c) The management of Mudra Ltd. want to analyse its Financial Statements. State any two objectives of such analysis.
- d) Identify the value being followed by Mudra Ltd.
Q5. While navigating in the workbook, which of the following commands is used to move to the beginning of the Current row:
- a. [ ctrl] + [home]
- b. [page Up]
- c. [Home]
- d. [ctrl] + [Back space]
Class XII Accountancy 2015-2016
Senior Secondary School (Morning Shift) Subject Wise
- Download Sample Question Paper 2015-2016 Class XII Accountancy
- Download Sample Question Paper 2015-2016 Class XII Biology
- Download Sample Question Paper 2015-2016 Class XII Business Studies
- Download Sample Question Paper 2015-2016 Class XII Chemistry
- Download Sample Question Paper 2015-2016 Class XII Computer Science
- Download Sample Question Paper 2015-2016 Class XII Economics
- Download Sample Question Paper 2015-2016 Class XII English
- Download Sample Question Paper 2015-2016 Class XII Geography
- Download Sample Question Paper 2015-2016 Class XII Hindi
- Download Sample Question Paper 2015-2016 Class XII History
- Download Sample Question Paper 2015-2016 Class XII Math
- Download Sample Question Paper 2015-2016 Class XII Multimedia and Web Technology
- Download Sample Question Paper 2015-2016 Class XII Physics
- Download Sample Question Paper 2015-2016 Class XII Political Science
- Download Sample Question Paper 2015-2016 Class XII Sociology
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