Prasanna

These Sample papers are part of CBSE Sample Papers for Class 12 Accountancy. Here we have given CBSE Sample Papers for Class 12 Accountancy Paper 5

CBSE Sample Papers for Class 12 Accountancy Paper 5

Students who are going to appear for CBSE Class 12 Examinations are advised to practice the CBSE sample papers given here which is designed as per the latest Syllabus and marking scheme as prescribed by the CBSE is given here. Paper 5 of Solved CBSE Sample Papers for Class 12 Accountancy is given below with free PDF download solutions.

Time: 3 Hours
Maximum Marks: 80

General Instructions:

(i) Please check that this paper contains 23 questions.
(ii) The paper contains two parts A and B.
(iii) Part A is compulsory for all.
(iv) Part B has two options—Option-1 Analysis of Financial Statements and Option-II Computerized Accounting.
(v) Attempt only one option of Part B.
(vi) All parts of a question should be attempted at one place.

PART – A
Partnership Firms and Company Accounts

Question 1.
Name the method of calculating interest on drawings of the partners if the different amounts are withdrawn on different dates.

Question 2.
Give the formula for calculation of goodwill by capitalization of average profit.

Question 3.
In the absence of any provision in the partnership deed, at what rate is working partner entitled for remuneration?

Question 4.
Identify the purpose of utilizing the security premium that would maximize the return to the shareholders.

Question 5.
What is meant by issue of shares for consideration other than cash? Give an example.

Question 6.
Is sleeping partner liable to the acts of other partners?

Question 7.
X, Y and Z are partners sharing profits in the ratio of 3 :2 :1. However, Z is guaranteed Rs 15,000 as his share of profits every year. Deficiency, if any, would be borne by the other partners. The profits for the year was Rs 75,000. Show the profit and loss appropriation account.

Question 8.
Madhu Ltd. issued 6,000,9% debentures of Rs 1,000 each on April 1,2012 redeemable at a premium of 8% after 10 years. According to the terms of prospectus, Rs 400 is payable on application and balance on allotment of debentures. Record necessary entries regarding issue of debentures.

Question 9.
D Ltd. had issued 60,000, 11% debentures of Rs 100 each which are due for redemption on march 31st 2015. It was decided to invest the required amount towards debenture redemption investment. The company has in its debenture redemption reserve account a balance of Rs 3,10,000. Record the necessary journal entries at the time of redemption of debentures.

Question 10.
(a) D. Ltd purchased machinery for Rs 9,00,000 and a motor van for Rs 6,00,000 from Z Ltd. on 1-1-2013. Rs 3,60,000 were paid immediately and the balance was paid by issue of 9,500 fully paid equity shares of Rs 100 each. Pass the necessary journal entries for recording the transactions in the books of D Ltd.
(b) D Ltd. decided to give free tablets worth Rs 4,00,000 to the disabled students of nearby schools. State the values involved in such decision.

Question 11.
Aslam and Bashir of Srinagar are partners in a firm engaged in the business of apple export They share profits and losses in the ratio of 3:2. They admit Simon of Mumbai into partnership in order to facilitate the export of apples. Aslam sacrifices 1/3 of his share and Bashir 1/4 of his share in favour of simon.
(a) Identify any two values which according to you motivated them to take Simon into partnership.
(b) Determine the sacrificing ratio and new profit sharing ratio.

Question 12.
Hari, Mohan and Sohan were partners in a firm sharing profits in 2 : 2 :1 ratio. The firm closes its books on 31st March every year. Mohan died on 24-08-2012, on Mohan’s death, the goodwill of the firm valued at Rs 75,000. The partnership deed provided that on the death of a partner, the share in the profits of the firm in the year of his death will be calculated on the basis of last years’ profit The profit of the firm for the year ended was Rs 2,00,000. Calculate Mohan’s share of profit till the time of his death and pass the necessary journal entries for his treatment of goodwill and his share of profit

Question 13.
Fill in the blanks:

Question 14.
A, B and C were partners. Their capitals were A -Rs 30,000, B-Rs 20,000 and C -Rs 10,000 respectively. According to the partnership deed, they were entitled to interest on capital at 5% P.a. In addition, B was also entitled to draw a salary of Rs 500 per month. C was entitled to a commission of 5% on the profits after charging the interest on capitals, but before charging the salary payable to B. The net profits for the year were Rs 30,000, distributed in the ratio of their capitals without providing for any of the above adjustments. The profits were to be shared in the ratio of 5 : 3 : 2. Pass the necessary adjustment entry showing the working dearly.

Question 15.
Ali and Nasir were partners in a firm sharing profits and losses in the ratio of 2:1 with capitals of Rs 40,000 and Rs 30,000 respectively. They decided to admit Yakub into partnership on conditions that he would bring Rs 20,000 as his capital and Rs 6,000 for his share of goodwill for 1/4th share of profits. Half of the amount of goodwill was withdrawn by the existing partners. The capital of the partners in the new firm were to be arranged in profit sharing ratio on the basis of Yakub’s capital and excess or defidt capital to be adjusted in cash. Show the capital accounts of the partners and the cash account.

Question 16.
Shyam Ltd. Invited applications for issuing 80,000 equity shares of Rs 10 each at a premium of Rs 40 per share.
The amount was payable as follows:
On application- Rs 35 per share (including Rs 30 premium) on allotment- Rs 8 per share (including Rs 4 premium) on first and final call – Balance.
Applications for 77,000 shares were received. Shares were allotted to all the applicants. Sundram, to whom 7000 shares were allotted failed to pay the allotment money. His shares were forfeited immediately after allotment Afterwards, the first and final call was made. Satyam, the holder of 500 shares failed to pay the first and final call. His share were also forfeited. Out of the forfeited shares, 1,000 shares were reissued at Rs 50 per share fully paid up. The reissued shares included all the shares of Satyam. Pass necessary journal entries for the above transactions in the books of Shyam Ltd.
OR
Jain Ltd. invited applications for issuing 70,000 equity shares of Rs 10 each at a premium of Rs 35 per share. The amount was payable as follows:
On application- Rs 15 (including Rs 12 premium)
On allotment- Rs 10 (including Rs 8 premium)
On first and final call — Balance
Applications for 65,000 shares were received and allotment was made to all the applicants. – A shareholder, Ram who was alloted 2,000 shares failed to pay the allotment money. His shares were forfeited immediately after allotment. Afterwards, the first and final call was made. Sohan, who had 3,000 shares, failed to pay the first and final call. His shares were also forfeited. Out of the forfeited shares, 4,000 shares were re-issued at Rs 50 per share fully paid up. The reissued shares included all the shares of Ram. Pass necessary journal entries for the above transactions in the books of Jain Ltd.
Answer 18.
In the books of Shyam Ltd.

Question 17.
Pass the necessary journal entries for the following transactions on the dissolution of the firm of James and Haider who were sharing profits and losses in the ratio of 2:1. The various assets (other than cash) and outside liabilities have been transferred to realisation account:
(i) James agreed to pay off his brother’s loan of Rs 10,000.
(ii) Debtors realised Rs 12,000.
(iii) Haider took over all investments of Rs 12,000.
(iv) Sundry creditors Rs 2,000 were paid at 5% discount.
(v) Realisation expenses amounted to Rs 2,000.
(vi) Loss on realisation was Rs 10,200.
OR
The balance sheet of X, Y and Z, who were sharing profits in the ratio of 5:3:2 as at march 31,2012:

X retired on March 31, 2012 and Y and Z decided to share profits in future in the ratio of 2 : 3 respectively. The other terms on retirement were as follows:
(i) Goodwill of the firm is to be valued of Rs 80,000
(ii) Fixed assets are to be valued at Rs 57,500.
(iii) Make a provision for doubtful debts at 5% on debtors.
(iv) A liability for claim, included in creditors for Rs 10,000 is settled at Rs 8,000.
The amount to be paid to X by Y and Z in such a way that their capitals are proportionate by to their profit sharing ratio and leave a balance of Rs 15,000 in the bank account. Prepare revaluation account and partners’ capital accounts.

PART – B
‘Analysis of Financial Statements’

Question 18.
Give an example of investing activity resulting into inflow of cash.

Question 19.
While preparing cash flow statement, the accountant of Ifratech Ltd. a manufacturing company showed interest on long term borrowings as operating activity. Was he correct in doing so? Give reason in support of your answer.

Question 20.
Under which head the following items will be placed in the balance sheet of the company as per schedule III Part I of companies Act 2013:
(i) Plant and machinery,
(ii) Provision for tax,
(iii) Loose tools and stores and spares,
(iv) Securities premium reserve,
(v) Cheque,
(vi) Softwares,
(vii) 6% debentures payable after three years,
(viii) mastheads and publishing titles.

Question 21.
From the details given below. Calculate inventory turnover ratio and operating ratio: Opening inventory Rs 28,000, closing inventory Rs 22,000, purchase Rs 40,000, revenue from operations Rs 80,000, carriage inwards Rs 4,000, employees benefit expenses Rs 4,000, depreciation Rs 2,000.

Question 22.
Prepare a common size income statement of Jayant Ltd. from the following information for the year ended 31st March 2015:

Question 23.
From the following information, Prepare a cash flow statement

Additional information: A machine costing Rs 3,000 (depreciation provided thereon Rs 400) was sold for Rs 2,800. Depreciation charged during the year was Rs 4,400. Debentures were issued on 1st april, 2014.

Answers

Answer 1.
Product method.

Answer 2.
Capitalised value of average profit

Goodwill = Capitalised value of average profit – Capital invested.

Answer 3.
A partner is not entitled to receive any remuneration if there is no partnership deed.

Answer 4.
Securities Premium amount can be utilised in issuing bonus shares to the shareholders to maximise the return to them.

Answer 5.
When shares are issued against the consideration payable for an asset purchased or for the redemption of any other security, such an issue is termed as ‘issue of shares for consideration other than cash’ i.e. a company issued its equity shares of Rs 10,00,000 against the payment of a machinery purchased.

Answer 6.
No, a sleeping partner is not liable for the act of others.

Answer 7.
Profit and loss appropriation A/c

Answer 8.
Books of Madhu Ltd.
Journal

Answer 9.
Books of Madhu Ltd.
Journal

Answer 10.
(a) Journal of D Ltd.

(b) (i) Helping the physically handicapped students.
(ii) Fulfilment of social responsibility towards society.

Answer 11.
(a) Two values involved are:
(i) Promotion of national integrity by admitting a partner from different area of the country.
(ii) Secularism.

Answer 12.

Answer 13.

Answer 14.
Working Notes

Answer 15.

Answer 16.

Answer 17.
Journal

Answer 18.
Sale of fixed Assets/Investment.

Answer 19.
He is wrong. It is a financing activity for a manufacturing company.

Answer 20.

Answer 21.
Cost of revenue from operations = Opening inventory + Purchase + Carriage inwards – Closing inventory
= 28,000 + 40,000 + 4,000 – 22,000 = 50,000

Answer 22.
Common size statement of Profit and Loss

Answer 23.

We hope the CBSE Sample Papers for Class 12 Accountancy Paper 5 help you. If you have any query regarding CBSE Sample Papers for Class 12 Accountancy Paper 5, drop a comment below and we will get back to you at the earliest.

These Sample papers are part of CBSE Sample Papers for Class 12 Accountancy. Here we have given CBSE Sample Papers for Class 12 Accountancy Paper 3

CBSE Sample Papers for Class 12 Accountancy Paper 3

Students who are going to appear for CBSE Class 12 Examinations are advised to practice the CBSE sample papers given here which is designed as per the latest Syllabus and marking scheme as prescribed by the CBSE is given here. Paper 3 of Solved CBSE Sample Papers for Class 12 Accountancy is given below with free PDF download solutions.

Time: 3 Hours
Maximum Marks: 80

General Instructions:

(i) Please check that this paper contains 23 questions.
(ii) The paper contains two parts A and B.
(iii) Part A is compulsory for all.
(iv) Part B has two options—Option-1 Analysis of Financial Statements and Option-II Computerized Accounting.
(v) Attempt only one option of Part B.
(vi) All parts of a question should be attempted at one place.

PART – A
Partnership Firms and Company Accounts

Question 1.
When does the capital account of a partner not show a debit balance in spite of regular losses incurred by the firm?

Question 2.
The balance sheet of a partnership firm had an investment fluctuation reserve of Rs 10,000. A new partner is admitted, value of investments is Rs 60,000 against its book value of Rs 70,000. What amount of the investment fluctuation reserve will be distributed among partners?

Question 3.
A, B and C are sharing profits is the ratio 5 : 4 :1. B retires on 1st January 2015 and his son Z is admitted into partnership in his place. The new profit sharing ratio of A, C and Z is 1:1:1. Do you think in spite of the fact that B’s son Z is admitted in his place, Goodwill will have to be valued? Give reason.

Question 4.
What is meant by private placement of shares?

Question 5.
Raman Industries purchased and installed anti-pollution machines to keep a check on environmental pollution. Highlight the value involved in this decision.

Question 6.
Why is Goodwill considered to be an intangible asset and not a fictitious asset?

Question 7.
A company issues 5,000 equity shares of Rs 10 each payable Rs 2 on application, Rs 3 on allotment and Rs 5 on call. All money was duly received except for the following: Ankur, a holder of 200 shares paid only the application money.
Bahadur, a holder of 300 shares paid the application and allotment money.
All the above shares were forfeited by the company after the call was made and later reissued at Rs 12 per share. Pass journal entries for forfeiture and reissue of shares.

Question 8.
The combined capital of X and Y is Rs 2,00,000 and the market rate of Interest is 12%. Annual salary to partners is Rs 5,000 each. The profits for the last three years were Rs 32,000, Rs 45,000 and Rs 55,000. Goodwill is to be valued at 2 years’ purchase of last three years average super profits. Calculate the goodwill of the firm.

Question 9.
Z Ltd. has an authorised capital of Rs 10,00,000 divided into equity shares of Rs 10 each. The company invited applications for 50,000 shares. Applications for 48,000 shares were received. All calls were made and duly received except the final call of Rs 3 per share on 1,000 shares. These shares on which the final call was not received were forfeited. Show how the share capital will appear in the balance sheet of the company as per schedule III part I of the Companies Act 2013. Also prepare notes to accounts for the same.

Question 10.
Nishant Ltd. was running a business of readymade garments. To expand further, it acquired assets of Rs 25,00,000 and took over creditors of Rs 5,00,000 from Ram Enterprises for a purchase consideration of Rs 24,00,000. In order to pay back to the society, it decided to distribute free garments to the inmates of the old age home on the eve of New year. It issued 20,000,9% Debentures of Rs 100 each at a premium of 20% to Ram Enterprises, to be redeemed at par after 5 years.
Pass the necessary journal entries for the above transactions and also identify the values which the company wants to communicate to the society.

Question 11.
(a) Radha and Rekha are Partners in a firm. Calculate interest on drawings for the year @ 12% per annum. Radha withdraws Rs 5,000 at the beginning of every alternate month and Rekha withdraws Rs 5,000 at the end of every quarter.
(b) What are the two main rights acquired by a new partner?

Question 12.
X, Y and Z are partners sharing profits and losses in the ratio of 3 : 2 :1. From 1st January 2015, they decided to share profits and losses equally.
The partnership deed provides that in the event of any change in the profit sharing ratio, the goodwill should be valued at two years’ purchase of the average profits of the preceding five years. The profits and losses for the proceeding year are 2010 profit Rs 90,000,2011 profit Rs 70,000, 2012 loss Rs 30,000,2013 profit Rs 50,000 and 2014 profit Rs 70,000.
It was realised that the following omission was made. A computer purchased on January 1st 2014 for Rs 25,000 was wrongly considered as revenue expenditure and debited to profit and loss account, on which depreciation is to be charged @ 20%.
Calculate value of goodwill after the above adjustment and give the necessary single adjusting entry to record the above arrangement

Question 13.
(a) R Ltd. Purchased machinery Rs 6,00,000 from Avinash Ltd. 20% of the amount was paid by accepting a bill of exchange and the balance was paid by issue of 10% debentures at a premium of 20%. Pass the necessary journal entries in the books of R Ltd.
(b) G Ltd. purchased 2,000 of its own 9% debentures of Rs 1,000 each at Rs 982 per debenture. The debentures were purchased with the purpose of cancellation.
Record the necessary journal entries in the books of the company.

Question 14.
Ali, Ahmed and Ahsan are partners in a firm. Their balance sheet as on 31st March, 2015 was as under:

Ahmed died on 30th June 2015. Under the terms of the deed, the executors of the deceased partner was entitled to the following:
(i) Amount standing to the credit of the partner’s capital account
(ii) Interest on capital at 12% P.a.
(iii) Share of goodwill on the basis of twice the average of past three years profit
(iv) The deceased partner will be entitled to his share of profit upto the date of death, calculated on the basis of previous years profits.
(v) There was a claim on workmen’s compensation of Rs 4,800.
(vi) Share of profit from the closing of the last financial year to the date of death calculated on last years profits.
Profits for the last three years were 2012-13 Rs 1,02,000,2013-14 Rs 1,10,400,2014-15 Rs 1,11,600. Ahmed’s executors was to be paid Rs 50,000 in two annual installments along with interest @ 6% per annum the balance to be paid immediately.
Prepare Ahmed’s capital A/c and his executors A/c till it is finally closed.

Question 15.
Sneha, Alka and Megha were partners sharing profits and losses in the ratio of their capitals. Their balance sheet as on 31st March, 2015 stood as under;

On the above date, Sneha retired.
Goodwill of the firm is valued at Rs 30,000 and is to be adjusted in the capital accounts of Alka and Megha, who decide to be equal partners in future.
Fill the missing information in the revaluation account, partners’ capital accounts and the balance sheet of the new firm after Sneha’s retirement

Question 16.
Following is the balance sheet of Rina and Pravita as on 31st march, 2014.

On the above date, the firm was dissolved on the following conditions:
(i) 5% of debtors proved bad, stock realised Rs 28,000, Goodwill – Nil, land and building realised 10% more than its book value.
(ii) Rina decided to take over the investments at its book value.
(iii) Creditors were payable after one month, but were paid immediately and the firm availed a discount of 5% per annum.
(iv) An unrecorded asset was taken over by Pravita at Rs 5,000.
(v) Realisation expenses of Rs 3,000 were paid by Rina.
Prepare necessary ledger accounts.
OR
Anand and Vishnu are partners sharing profits and losses in the ratio of 2:1. Their balance sheet as at 31st March, 2015 stood as follows:

On 1st April 2015, they admitted Krishna as a Partner. The new profit sharing ratio is agreed as 3 : 2 : 1.
Other adjustments are as under:
(i) Krishna is to bring Rs 90,000 as capital and it was decided that the capital of all partners shall be in proportion to their profit sharing ratio.
(ii) The goodwill of the firm is valued at Rs 1,20,000 and Krishna will contribute his share of goodwill in cash.
(iii) All debtors are good.
(iv) Depreciate furniture by 10%.
(v) Anand will pay off the bank overdraft.
(vi) Any deficiency or excess of capital will be adjusted through cash.
Prepare revaluation A/c, partners’ capital A/c and the balance sheet of the newly constituted firm.

Question 17.
Govind Ltd. invited applications for 40,000 equity shares of Rs 10 each payable Rs 3 on application, Rs 4 on allotment (including premium) and Rs 4 on first and final call. The issue was oversubscribed by 20,000 shares.
Allotment was made as under:
To applicants of 30,000 shares — 30,000 shares
To applicants of 5,000 shares — Nil
To balance applicants — 10/100 shares
Excess money received on application was adjusted against sums due on allotment and call. All money was duly received. Give journal entries to record the above transactions and show the balance sheet of the company.
OR
Ganpati Ltd. offered for public subscription 20,000 equity shares of Rs 100 each at Rs 110 per share. The amount were payable as follows:
On application – Rs 30 per share
On allotment – Rs 40 per share (including Rs 10 as premium)
On first and final call – Rs 40 per share
Applications for 24,000 shares were received and prorata allotment was made.
Kapil, an applicant for 240 shares, failed to pay the allotment and call money.
Binal, a holder of 300 shares failed to pay the first and final call
All these shares were forfeited.
Out of the forfeited shares, 300(the whole of Kapil’s share being included) were reissued @ 80 per share fully paid up. Journalise the above transactions.

PART – B
‘Analysis of Financial Statements’

Question 18.
Under which type of activity will you classify dividend received by a finance company while preparing cash flow statement.

Question 19.
State with reason whether ‘Discount received on making payment to suppliers would result in inflow, outflow or no flow of cash.

Question 20.
Under which main heads and sub heads of equity and liabilities are the following items shown in the balance sheet of a company as per schedule III.
(i) Unclaimed dividend,
(ii) Calls in arrears,
(iii) Interest accrued but not due on debentures and
(iv) Arrears of fixed cumulative preference dividends.

Question 21.
(a) From the following information, calculate the inventory turnover ratio.
Revenue from operations – Rs 2,00,000, gross profit 25% on cost, opening inventory is 1/3rd of the value of the closing inventory, closing inventory is 30% of revenue from operations.
(b) Net profit ratio of a company was 10%. Its indirect expenses were Rs 40,000 and its cash revenue from operations were Rs 1,50,000. The credit revenue from operations was 60% of the total revenue from operations. Calculate the gross profit ratio of the company.

Question 22.
Prepare a comparative statement of profit and loss from the following information:

Question 23.

Additional information:
(i) A machinery having a net book value of Rs 1,00,000 (Depreciation provided there on Rs 1,62,500) was sold at a loss of Rs 20,000.
(ii) Tax paid during the year Rs 75,000.

Answers

Answer 1.
When partners maintain fixed capital account, all adjustments including share of profit or loss is shown in their current account. Hence, the capital account of the partners will not be distributed and thus, will not show a debit balance in spite of regular losses.

Answer 2.
Nil. There is no excess amount in the investment fluctuation reserve account as the fall in the value of the investment is equal to the reserve.

Answer 3.
Goodwill will still have to be valued due to the re-constitution of the firm. The gaining partners will need to compensate the sacrificing partners.

Answer 4.
Private placement of shares means issue and allotment of shares to a selected group of persons privately and not to the general public. It is made by private companies.

Answer 5.
The value highlighted by the company is to protect the environment.

Answer 6.
Goodwill is not a fictitious asset because it has a realizable value. It is an intangible asset because it cannot be seen and touched.

Answer 7.
In the Books of a company

Answer 8.
Balance sheet of S Ltd. (An extract)

Answer 9.
Balance sheet of S Ltd. (An extract)

Answer 10.
In the books Nishant Ltd.

Value the company wants to communicate to the society are:
(i) Creating employment opportunity through expansion of business.
(ii) Fulfilling social responsibility by distributing readymade garments in old age home.

Answer 11.
(a) Calculation of Interest on Drawings:

(b) The two main rights acquired by a new partner are:
(i) Right to share the profit of the business.
(ii) Right over the assets of the firm.

Answer 12.

Answer 13.
(a) In the books of R. Ltd.

Answer 14.

Answer 15.

Answer 16.

Answer 17.
In the books of Govind Ltd.

Answer 18.
Dividend received by a finance company will be classified under operating activity.

Answer 19.
No flow. Receiving discount does not affect cash.

Answer 20.

Answer 21.

Answer 22.

Answer 23.

We hope the CBSE Sample Papers for Class 12 Accountancy Paper 3 help you. If you have any query regarding CBSE Sample Papers for Class 12 Accountancy Paper 3, drop a comment below and we will get back to you at the earliest.

These Sample papers are part of CBSE Sample Papers for Class 12 Accountancy. Here we have given CBSE Sample Papers for Class 12 Accountancy Paper 2

CBSE Sample Papers for Class 12 Accountancy Paper 2

Students who are going to appear for CBSE Class 12 Examinations are advised to practice the CBSE sample papers given here which is designed as per the latest Syllabus and marking scheme as prescribed by the CBSE is given here. Paper 2 of Solved CBSE Sample Papers for Class 12 Accountancy is given below with free PDF download solutions.

Time: 3 Hours
Maximum Marks: 80

General Instructions:

(i) Please check that this paper contains 23 questions.
(ii) The paper contains two parts A and B.
(iii) Part A is compulsory for all.
(iv) Part B has two options—Option-1 Analysis of Financial Statements and Option-II Computerized Accounting.
(v) Attempt only one option of Part B.
(vi) All parts of a question should be attempted at one place.

PART – A
Partnership Firms and Company Accounts

Question 1.
Name the accounts which are maintained for the partners’ when capitals of the partners are fixed.

Question 2.
What is meant by sacrificing ratio?

Question 3.
What is meant by paid up capital?

Question 4.
List any two items that need adjustment in the books of accounts of a firm at the time of admission of a partner.

Question 5.
What is meant by under subscription?

Question 6.
Identify situation, under which the court may order for dissolution of a partnership firm.

Question 7.
Mukesh and Ramesh are Partners sharing profits and losses in the ratio of 2:1 respectively. They admit Rakesh as Partner with 1/4th share is profits with guaranteed that his share of profit shall be at least Rs 55,000. The net profit of the firm for the year ending 31st March 2013 was Rs 1,60,000. Prepare profit and loss appropriation account

Question 8.
F. Ltd. issued Rs 7,00,000,12% debentures of Rs 100 each at a premium of 5% redeemable at a premium of 20%. Pass necessary Journal entries.

Question 9.
(a) K,L and Z are partners sharing profits in the ratio of 4 : 3 : 2 respectively.L retired and surrendered 1/9th of his share of profit to K and remaining in favour of Z. Calculate new profit sharing ratio of K and Z.
(b) Arun, Varun and Charan were partners sharing profits in the ratio of 1/2, 3/10 and 1/5 respectively. Varun retired from the firm and Arun and Charan decided to share future profits in 3:2 ratio. Calculate gaining ratio of Arun and Charan.

Question 10.
X Ltd. purchased a running business from G Ltd. for a sum of Rs 18,00,000 payable by issue of equity shares of Rs 100 each at a premium of Rs 20 per share. The assets and liabilities consisted of the following:
Plant Rs 3,50,000, Land Rs 6,00,000, stock Rs 4,50,000, and creditors Rs 1,00,000. Pass necessary Journal entries.

Question 11.
Hina and Neeraj were partners in a firm sharing profits in the ratio of 3 : 2. Their capitals were Rs 80,000 and Rs 50,000 respectively. They admitted Seema in the firm on 1st January, 2013 as a new partner for 1/5th share in the future profits. Seema brought Rs 60,000 as her capital. Calculate the value of Goodwill of the firm and record necessary journal entries on Seema’s admission.

Question 12.
B. Ltd was registered with an authorised capital of Rs 20,00,000 divided into equity shares of Rs 10 each. The company invited applications for the issue of 1,00,000 shares. Applications for 96,000 shares were received. All calls were made and were duly received except the final call of Rs 2 per share on 2,000 shares. All these shares were forfeited and later on re-issued at Rs 18,000 as fully paid.
(i) Show how share capital will appear in the balance sheet of B Ltd. as per schedule III of the companies Act 2013.
(ii) Also prepare notes to accounts for the same.

Question 13.
On 1-4-2013, NK Ltd. had 20,000,11% Debentures of Rs 100 each outstanding:
(i) On 1-4-2014, the company purchased in the open market 2,000 of its own debentures at Rs 102 each and cancelled the same immediately.
(ii) On 1-4-2015, the company redeemed at par debentures of Rs 8,00,000 by draw of a lot
(iii) On 28-2-2016, the remaining debentures were purchased for immediate cancellation for Rs 7,89,900.
Pass necessary joumal entries for the above transactions in the books of the company ignoring debenture redemption reserve and interest on debentures.

Question 14.
A, B and C were partners. They started business in one of the remote tribal areas of odisha. They were interested in the development of the tribal community by providing good education and health.
On 31st March, 2013 after making adjustments for profits and drawings, their capitals were A Rs 4,00,000, B Rs 3,00,000 and C Rs 2,00,000. The drawings of the partners were A Rs 4,000 per month, B Rs 3,000 per month and C Rs 2,000 per month. The profit of the firm for the year ended 31st march 2013 was Rs 6,00,000. Subsequently, it was found that the interest on capital @ 6% P.a due had been omitted. Showing your working notes clearly, pass necessary adjustment entry for the above. Also identify any two values highlighted in the above question.

Question 15.
Ram, Rahim and Robert were partners sharing profits in the ratio of 2 : 3 :1 respectively. The partnership deed provided that in case of death of a partner the deceased partner’s share of capital will be donated for the construction of a hospital in the tribal area. Due to ill health, robert died on 30th September, 2013. The balance sheet of Ram, Rahim and Robert on 31st March 2013 was as follows:

On the date of Robert’s death i.e. 30th September; 2013, the following was agreed upon:
(i) Goodwill is to be valued at two year’s purchase of average profit of last three completed years i.e. 2010-11 Rs 45,000,2011-12 Rs 90,000 and 2012-13 Rs 1,35,000.
(ii) Robert’s share of profit till the date of his death will be calculated on the basis of average profit of last three years.
(iii) Land was undervalued by Rs 25,000 and stock overvalued by Rs 8,000.
(iv) Provision for doubtful debts is to be made at 5% on debtors.
(v) Claim of workmen compensation estimated at Rs 5,000.
Prepare Robert’s capital account to be presented to his executor.
Also identify a value that Ram, Rahim and Robert wanted to communicate to the society.

Question 16.
W and R were partners in a firm sharing profits in the ratio of 3 : 2 respectively. On 31st march 2013, their balance sheet was as follows:

B was admitted as a new partner on the following conditions:
(i) B will get 4/15th share of profits.
(ii) B had to bring Rs 15,000 as his capital.
(iii) B would pay cash for his share of goodwill based on 21/2 years purchase of average profit of last 4 years.
(iv) The profits of the firm for the years ending 31st march 2010,2011,2012 and 2013 were Rs 10,000, Rs 7,000, Rs 8,500 and Rs 7,500 respectively.
(v) Stock was valued at Rs 10,000 and provision for doubtful debts was raised up to Rs 500.
(vi) Plant was revalued at Rs 20,000.
Prepare revaluation account, partners’ capital accounts and the balance sheet of he new firm.
OR
Kumar, Shyarii and Ratan were Partners in a firm sharing Profits in the ratio of 5 :3 : 2 respectively. They decided to dissolve the firm with effect from 1-4-2013. On that date, the balance sheet of the firm was as follows:

The dissolution resulted in the following:
(i) Plant of Rs 40,000 was taken over by Kumar at an agreed value of Rs 45,000 and remaining plant realised Rs 50,000.
(ii) Furniture realised Rs 40,000.
(iii) Motor van was taken over by Shyam for Rs 30,000.
(iv) Debtors realised Rs 1,000 less.
(v) Creditors for Rs 20,000 were untraceable and the remaining creditors were paid in full.
(vi) Realisation expenses amounted to Rs 5,000.
Prepare revaluation account, partners’ capital accounts and bank account of the firm.

Question 17.
Bhagwati Ltd. invited applications for issuing 2,00,000 equity shares of Rs 10 each. The amounts were payable as follows:
On application – Rs 3 per share
On allotment – Rs 5 per share
On first and final call – Rs 2 per share
Applications were received for 3,00,000 shares and pro-rata allotment was made to all the applicants. Money overpaid on application was adjusted towards allotment money. B, who was allotted 3,000 shares, failed to pay the first and final call money. His share were forfeited. Out of forfeited shares, 2,500 shares were reissued as full paid up @ Rs 8 per share. Pass necessary journal entries to record the above transactions.
OR
(a) A company forfeited 200 shares of Rs 20 each, Rs 15 per share called up on which Rs 10 per share had been paid. Directors reissued all the forfeited shares to B as Rs 15 per share paid up for a payment of Rs 10 each.
Give journal entries in the books of the company for forfeiture and reissue of shares.
(b) A Ltd. forfeited 100 equity shares of the face value of Rs 10 each, for the non payment of first call of Rs 2 per share. Rs 6 per share had already been called and paid. These shares were subsequently reissued as fully paid at the rate of Rs 7 per share.
Give journal entries in the books of the company for forfeiture and reissue of shares.

PART – B
“Financial Statement Analysis”

Question 18.
What is meant by cash flow statement?

Question 19.
Name any two tools of analysis of financial statements.

Question 20.
State under which major headings the following items will be presented in the balance sheet of a company as per schedule III of the companies Act 2013:
(i) Trade marks
(ii) Capital redemption reserve
(iii) Income received in advance
(iv) Stores and spares
(v) Office equipments
(vi) Current investments

Question 21.
From the following, calculate:
(a) Operating profit ratio
(b) Working capital turnover ratio
(i) Revenue from operations Rs 2,00,000
(ii) Gross profit Rs 75,000
(iii) Office expenses Rs 15,000
(iv) Selling expenses Rs 26,000
(v) interest on debentures Rs 5,000
(vi) Accidental losses Rs 12,000
(vii) Income from rent Rs 2,500
(viii) Commission received Rs 2,000
(ix) Current assets Rs 60,000
(x) Current liabilities Rs 10,000

Question 22.
On the basis of the following information extracted from the statement of profit and loss for the year ended 31st March, 2012 and 2013. Prepare a comparative statement of Profit and Loss:

Question 23.
Prepare a cash flow statement from the following balance sheet:


Additional information:
(i) An old machinery having book value of Rs 50,000 was sold for Rs 60,000.
(ii) Depreciation provided on machinery during the year was Rs 30,000.

Answer

Answer 1.
When capitals of the partners are fixed, two accounts viz. partner’s capital account and partner’s current account for each partner are maintained.

Answer 2.
The ratio in which the old partners have agreed to sacrifice their shares in the profit in favour of a new partner is called the sacrificing ratio

Answer 3.
Paid up capital is that part of called up capital which has actually been paid by the shareholders.

Answer 4.
At the time of admission of a partner, the two items that need adjustment are:
(i) Goodwill
(ii) Accumulated profits, reserve and losses.

Answer 5.
Shares are said to be under subscribed when the number of shares applied for by the public is less than the number Of shares offered by a company.

Answer 6.
On insolvency of all the partners, or all except one partner the court may order for dissolution of a partnership firm.

Answer 7.

Answer 8.
Journal of F Ltd.

Answer 9.
(a) Calculation of new ratio:

Answer 10.
In the books of X Ltd.

Answer 11.
I. Total capital of the new firm on the basis of Seema’s capital = 60,000 x 5 = 3,00,000.
II. Existing capital of the partners = 80,000 (Hina) + 50,000 (Neerja) + 60,000 (Seema) = 1,90,000.
III. Value of Goodwill of the firm = I – II = 3,00,000 -1,90,000 = 1,10,000
IV. Seema’s share in Goodwill = 1,10,000 x \(\frac { 1 }{ 5 }\) = 22,000

Answer 12.

Notes: Profit on reissue of shares i.e. Rs 18,000 – 4,000 = Rs 14,000
Capital Reserve has not been shown as only the share capital has been asked to be shown in the question.

Answer 13.
(i) Journal of NK Ltd.

Answer 14.
Working notes:

Values highlighted:
(i) Concern for development of tribal area.
(ii) Concern for the education, health and upliftment of tribal community.

Answer 15.

Answer 16.

Answer 17.
In the Books of Bhagwati Ltd.

Answer 18.
Cash flow statement refers to a statement that shows flows of cash and cash equivalents during a specified period of time.

Answer 19.
Tools of analysis of financial statements: (i) Ratio analysis, (ii) comparative statements.

Answer 20.

Answer 21.

Answer 22.

Answer 23.
Cash Flow Statement

We hope the CBSE Sample Papers for Class 12 Accountancy Paper 2 help you. If you have any query regarding CBSE Sample Papers for Class 12 Accountancy Paper 2, drop a comment below and we will get back to you at the earliest.

These Sample papers are part of CBSE Sample Papers for Class 12 Accountancy. Here we have given CBSE Sample Papers for Class 12 Accountancy Paper 1

CBSE Sample Papers for Class 12 Accountancy Paper 1

Students who are going to appear for CBSE Class 12 Examinations are advised to practice the CBSE sample papers given here which is designed as per the latest Syllabus and marking scheme as prescribed by the CBSE is given here. Paper 1 of Solved CBSE Sample Papers for Class 12 Accountancy is given below with free PDF download solutions.

Time: 3 Hours
Maximum Marks: 80

General Instructions:

(i) Please check that this paper contains 23 questions.
(ii) The paper contains two parts A and B.
(iii) Part A is compulsory for all.
(iv) Part B has two options—Option-1 Analysis of Financial Statements and Option-II Computerized Accounting.
(v) Attempt only one option of Part B.
(vi) All parts of a question should be attempted at one place.

PART – A
Partnership Firms and Company Accounts

Question 1.
X, Y and Z were partners sharing Profits in the ratio of 1/2, 3/10 and 1/5. X retired from the firm. Calculate the gaining ratio of the remaining partners.

Question 2.
State the rights acquired by a newly admitted Partner.

Question 3.
Distinguish between Dissolution of partnership and dissolution of partnership firm’ on the basis of Court’s intervention.

Question 4.
Give the meaning of reconstitution of a partnership firm.

Question 5.
A. Ltd. invited applications for issuing 10,00,000 equity shares of Rs 10 each. The Public applied for 8,55,000 shares. Can the company proceed for the allotment of shares? Give reason in support of your answer.

Question 6.
A. Ltd. Forfeited 100 equity shares of Rs 10 each issued at a premium of 20% for the non payment of final call of Rs 5 including premium. State the maximum amount of discount at which these shares can be reissued.

Question 7.
A and B were Partners in a firm sharing profits in the ratio of 3 : 2. Their capitals were Rs 2,00,000 and Rs 1,00,000 respectively. They admit C on 1st April 2014 as a new partner for 1/5 share in the future profits. C brought Rs 1,00,000 as his capital. Calculate the value of goodwill of the firm and record necessary journal entries for the above transaction on C’s admission.

Question 8.
Rohan Ltd. issued 6,000 10% Debentures of Rs 100 each on 1st April 2013. The issue was fully subscribed. According to the terms of issue, Interest on the debentures is payable half-yearly on 30th September and 31st March and the tax deducted at source is 10%.
Pass the necessary journal entries related to the debenture interest for the half-yearly ending on 31st March 2014 and transfer of interest on debentures to statement of profit and loss.

Question 9.
Simmi and Ginni decided to start a partnership firm to manufacture low cost bags as plastic bags were creating many environmental problems. They contributed capitals of Rs 2,00,000 and Rs 1,00,000 respectively on 1st April, 2013. For this, Simmi expressed his willingness to admit Sunny as a Partner without Capital, who is specially abled but a very creative and intelligent friend of his. Ginni agreed to this. The terms of partnership were as follows:
(i) New profit sharing ratio will be 2:2:1.
(ii) Interest on capital will be provided @ 10% P.a.
Due to shortage of capital, Simmi contributed Rs 50,000 on 30th September, 2013 and Ginni contributed Rs 20,000 on 1st January, 2014 as additional capital. The profit of the firm year ended 31st March 2014 was Rs 1,80,000.
(a) Identify any two values which the firm wants to communicate to the society.
(b) Prepare profit and loss appropriation account for the year ending 31st March 2014.

Question 10.
A company had Rs 10,00,000 12% debentures outstanding as on 1st April, 2015. During the year, company took a loan of Rs 4,00,000 from the state bank of India for which the company placed with the bank debentures for Rs 5,00,000 as collateral security. Pass Journal entries if any. Also, show how the debentures and bank loan will appear in the company’s balance sheet

Question 11.
P and Q are partners in a firm sharing profits in the ratio of 7:5. On April 1,2015 they admit R as a new partner for 176th share. R contributed the following assets towards his capital and for her share of goodwill. Stock Rs 80,000, Debtors Rs 60,000, Land Rs 2,20,000, Plant and machinery Rs 1,00,000. On the date of admission of R, the Goodwill of fire firm was valued at ? 6,00,000. Record necessary journal entries in the books of the firm on R’s admission and prepare R’s capital account

Question 12.
Seema Ltd. was formed with a nominal share capital of Rs 60,00,000 divided into 60,000 shares of Rs 100 each. The company offers 40,000 shares to the public payable. Rs 30 per share on application, Rs 30 per share on allotment and the balance on first and final call, applications were received for
38,000 shares. All money payable on allotment was duly received, except on 1,000 shares held by Y. First and final call was not made by the company. How would you show the share capital in the balance sheet of seema Ltd.? Also prepare notes to accounts for the same.

Question 13.
(a) Give Journal entries for forfeiture and reissue of shares. D Ltd. forfeited 4000 Shares of Rs 10 each, Rs 7 called up issued at a premium of 20% (to be paid at the time of allotment) for non payment of a first call of Rs 2 per share, out of these, 2500 shares were reissued as Rs 7 paid up for Rs 4 per share.
(b) Which value has been affected by forfeiting above mentioned 4000 shares just after first call Suggest a better alternative.

Question 14.
P, Q and R were partners in a firm having capitals of Rs 1,20,000, Rs 1,20/100 and Rs 1,60,000 respectively. Their current account balances were P: Rs 20,000, Q: Rs 10,000 and C: Rs 4,000 (Dr.). According to the partnership deed the partners were entitled to interest on capital @ 10% P.a. R being the working partner was also entitled to a salary of Rs 10,000 P.a. The profits were to be divided as follows:
(a) The first Rs 40,000 in the proportion to their capitals.
(b) Remaining profits to be shared equally.
The firm made a profit of Rs 3,12,000 before charging any of the above items. Prepare the profit and loss appropriation account and pass necessary journal entry for appropriation of profit

Question 15.
Mala, Neela and Kala were partners sharing profits in the ratio of 3:2:1. On 1-3-2014, their firm was dissolved. The assets were realised and liabilities were Paid off. The accountant prepared realisation account. Partners capital accounts and cash account, but forgot to post few amounts in these accounts.
You are required to complete these below given accounts by posting the correct amount

Question 16.
Z. Comp. Ltd, with an authorised capital of Rs 2,00,000 divided into 20,000 equity shares of Rs 10 each, issued the entire shares payable as follows:
Rs 5 on application (including Rs 2 as premium)
Rs 4 on allotment
Rs 3 on call
All share money is received in full with the exception of the allotment money on 200 shares and the call money on 500 shares (including 200 shares on which allotment money had not been paid). The above 500 shares are duly forfeited and 400 of these (including 200 shares on which allotment money had not been paid) are reissued at Rs 7 per share payable by the purchaser.
Make the necessary journal entries.
OR
A company issued 6,000 preference shares of Rs 10 each as fully paid to the vendors for the purchase of building : 20,000 equity shares of Rs 10 each were issued to the public of which, 18,000 were subscribed for During the first year Rs 6 per share were called up, payable Rs 3 on application, Rs 1 on allotment, Rs 1 on first call and Rs 1 on second call. The amounts received in respect of the equity shares were as follows:
on 16,000 equity shares, the full amount called
on 1,200 shares Rs 5 per share,
on 500 shares Rs 4 per share,
on 300 equity share Rs 3 per share.
The directors forfeited 800 equity shares on which less than Rs 5 per share had been paid. Show journal entries in the books of the company.

Question 17.
Pankaj, Naresh and Saurabh are Partners sharing profits in the ratio of 3 : 2 :1. Naresh retired from the firm due to his illness. On that date, the balance sheet of the firm was as follows:

Additional Information:
(i) Premises have appreciated by 20%, stock depreciated by 10% and provision for doubtful debts was to be made 5% on debtors. Further, provision for legal damages is to be made for Rs 1,200 and furniture to be brought up to Rs 45,000.
(ii) Goodwill of the firm be valued at Rs 42,000.
(iii) Rs 26,000 from Naresh’s capital account be transferred to his loan account and balance be paid through bank, if required, necessary loan may be obtained from bank.
(iv) New profit sharing ratio of Pankaj and Saurabh is decided to be 5 : 1. Give the necessary ledger accounts and balance sheet of the firm after Naresh’s retirement.
OR
L and m share profits of a business in the ratio of 5 : 3. They admit N into the firm for a fourth share in the profits to be contributed equally by L and M. On the date of admission, the balance sheet of L and M was as follows:

The terms of N’s admission were as follows:
(i) N will bring Rs 25,000 as his capital.
(ii) Goodwill of the firm is to be valued at 4 years purchase of the average super profits of the last three years.
Average profits of the last three years are Rs 20,000. While the normal profits that can be earned on the capital employed are Rs 12,000.
(iii) Furniture is to be revalued at Rs 24,000 and the value of stock to be reduced by 20%. Prepare revaluation account, partners capital accounts and the balance sheet of the firm after admission of N.

PART – B
“Financial Statement Analysis”

Question 18.
Assuming that the debt equity Ratio is 1:2, state giving reason, whether the ratio will improve, decline or will have no change in case equity shares are issued for cash.

Question 19.
Mention the net amount of source or use of cash when a fixed assets (having book value of Rs 15,000) is sold at a loss of Rs 5,000.

Question 20.
Show the major headings with two sub headings each into which the assets side of company’s is balance sheet is organised and presented.

Question 21.
Prepare the common size income statement from the following information:

Question 22.
A company’s stock turnover is 5 times. Stock at the end is Rs 20,000 more than that at the beginning. Sales are Rs 8,00,000. Rate of gross profit on cost 1/4. Current liabilities Rs 2,40,000. Acid test ratio 0.75. Calculate current ratio.

Question 23.
The balance sheet of Kedar Ltd. as on 31st December 2010 and 31st December 2011 were as follows:-

Additional information:
(i) Rs 50,000 depreciation has been charged on plant and machinery during the year 2011.
(ii) A piece of machinery costing Rs 12,000 (book value Rs 5,000) was sold at 60% profit on book value. Prepare cash flow statement.

Answers

Answer 1.
Profit sharing ratio of X : Y : Z = \(\frac { 1 }{ 2 } :\frac { 3 }{ 10 } :\frac { 1 }{ 5 } \) = 5 : 3 : 2
Gaining ratio of Y and Z = 3 : 2
Gaining ratio will be the same as the old ratio which existed between Y and Z i.e. 3 : 2, since Y and Z gains in their old Ratio, unless agreed otherwise.

Answer 2.
Rights acquired by a newly admitted partner:
(a) Right to Share profits with other old partners in agreed ratio.
(b) Right to Share in the assets of the business.

Answer 3.
In dissolution of partnership, the court need not intervene as partnership can be dissolved by mutual agreement and in dissolution of partnership firm, A firm can be dissolved by the order of court.

Answer 4.
Reconstitution of a partnership firm means any change in the existing agreement of partnership. As a result, the existing agreement comes to an end and a new agreement comes into existence, though, the firm continues.

Answer 5.
The company can Proceed for allotment of shares because it is presumed that it is not a case of first allotment of shares.
In case of first allotment of shares, no allotment can be made unless the amount stated in the prospectus as the minimum subscription has been subscribed to.

Answer 6.
Amount received on application and allotment = 7 x 100 = Rs 700
These shares can be reissued up to a discount of Rs 7 per share or Rs 700

Answer 7.
Working Notes:
Total capital of firm based on C’s capital = 1,00,000 x 5 = 5,00,000
Combined capital of A, B and C = 2,00,000 + 1,00,000 + 1,00,000 = 4,00,000
Hidden goodwill of firm = 5,00,000 – 4,00,000 = 1,00,000
C’s share in goodwill = 1,00,000 x \(\frac { 1 }{ 5 }\) = 20,000

Answer 8.
Books of Rohan Ltd.

Answer 9.
(a) Values, the firm wants to communicate to the society:
(i) Harmony among partners being from different walks of life.
(ii) Helping and caring thoughts for specially abled people.
(b) Profit and loss appropriation account for the year ended 31st March 2014

Answer 10.
Journal

Answer 11.
Journal

Answer 12.
Journal

Answer 13.
Journal of D Ltd.


(b) (i) Value affected by forfeiting the shares just after first call is the investors confidence and stimulus for applying in the public issue of companies.
(ii) Better alternative would have been giving him ample time to make the payment of first Call together with second call and then forfeit the shares after giving due notice.

Answer 14.
Profit and Loss Appropriation Account

Answer 15.

Answer 16.
Journal

Answer 17.

Answer 18.
Ratio will decline because with the issue of equity shares, shareholders funds increase whereas debt remains the same which will lead to decrease in Debt equity ratio.

Answer 19.
Net amount of source Rs 10,000.

Answer 20.
Balance Sheet

Answer 21.

Answer 22.

Answer 23.
Cash Flow Statement

We hope the CBSE Sample Papers for Class 12 Accountancy Paper 1 help you. If you have any query regarding CBSE Sample Papers for Class 12 Accountancy Paper 1, drop a comment below and we will get back to you at the earliest.

These Sample papers are part of CBSE Sample Papers for Class 12 Geography. Here we have given CBSE Sample Papers for Class 12 Geography Paper 7

CBSE Sample Papers for Class 12 Geography Paper 7

Students who are going to appear for CBSE Class 12 Examinations are advised to practice the CBSE sample papers given here which is designed as per the latest Syllabus and marking scheme as prescribed by the CBSE is given here. Paper 7 of Solved CBSE Sample Paper for Class 12 Geography is given below with free PDF download solutions.

Time: 3 Hours
Maximum Marks: 70

General Instructions:

• There are 22 questions in all.
• All questions are compulsory.
• Question numbers 1-7 are very short answer questions carrying 1 mark each. Answer to each of these questions should not exceed 40 words.
• Question numbers 8-13 are short answer questions carrying 3 marks each. Out of which one question is a value based question. Answer to each of these questions should not exceed 80-100 words.
• Question numbers 14-20 are long answer questions carrying 5 marks each. Answer to each of these questions should not exceed 150 words.
• Question numbers 21 and 22 are related to identification or locating and labeling of geographical features on maps carrying 5 marks each.
• Outline maps of the World and India provided to you must be attached within your answer book.
• Use of templates or stencils for drawing outline maps is allowed.

Questions

Question 1.
What is the basic goal of development?

Question 2.
Which country has the lowest sex ratio in the world?

Question 3.
Name two activities on which the earliest human beings were dependent for their sustenance.

Question 4.
Name the navigational canal that serves as a gateway of Commerce for both the continents of Asia and Europe.

Question 5.
Name any two states of India where Green Revolution strategy of agricultural development has largely been successful.

Question 6.
Which port is confronted with the problem of silt accumulation in the Hugh River?

Question 7.
Which plant was located on the basis of proximity to raw materials?

Question 8.
Explain any three characteristics of collective farming in the world.

Question 9.
Describe the main features of Addis Ababa, the capital city of Ethiopia.

Question 10.
Jute is a fibre crop grown in India. Discuss.

Question 11.
Study the following map carefully and answer the questions that follows.

(i) Name the state in which this steel plant is located.
(ii) Name one source each of coal and iron-ore for this plant.
(iii) Mention the source of water for this plant.

Question 12.
Define the term ‘Cio-energy’. Mention any four points of significance of Bio-energy.

Question 13.
In the rural areas, male selective out-migration leaving their wives behind puts extra physical as well mental pressure on the women. By which human values such social problems can be minimised or resolved?

Question 14.
Discuss the important characteristics of the economic activities of hunting and gathering practised in the world.

Question 15.
What is the importance of dairy farming? Why is it mainly practised near urban and industrial centres of the world? Explain.

Question 16.
Name any two countries through which river Rhine flows. Mention two cities between which this river is navigable. Explain the economic significance of River Rhine.

Question 17.
Explain the five types of urban settlements of the world classified on the basis of size, functions and services available.

Question 18.
What do you understand by non-metallic minerals? Discuss mica as non-metallic minerals. In which areas of India it is produced?

Question 19.
There are various factors and conditions responsible for having different types of rural settlements in India. Explain with examples.

Question 20.
“Inspite of numerous rivers in India, inland water ways are poorly developed.” Discuss its causes

Question 21.
Identify the five geographical features shown on the given political outline map of the world as A, B, C, D and E and write their correct names on the lines marked near them with the help of the following information.
(A) A mega city
(B) An International Airport
(C) A major seaport
(D Largest country of the continent
(E) An area having highest density of population

Question 22.
Locate and label the following five features with appropriate symbols on the given political outline map of India.
(i) An oil refinery situated in Andhra Pradesh.
(ii) An International airport of Gujarat.
(iii) The leading producer state of Jowar

Answers

Answer 1.
The basic goal of development is to create conditions where people can live meaningful lives.

Answer 2.
United Arab Emirates.

Answer 3.
Hunting and Gathering.

Answer 4.
Suez Canal.

Answer 5.
Punjab, Haryana and Uttar Pradesh.

Answer 6.
Kolkata

Answer 7.
Rourkela Steel Plant

Answer 8.
(i) Collective farming was introduced in erstwhile Soviet Union to improve upon the inefficiency of the previous methods of agriculture and to boost agricultural production for self sufficiency.
(ii) The farmers used-to pool in all their resources like land, livestock and labour. They were allowed to retain very small plots to grow crops in order to meet their daily requirements.
(iii) Yearly targets were set by the government and the produce was sold to the state at fixed prices. Produce in excess of the fixed amount was distributed among the members or sold in the market.

Answer 9.
(i) Adis Ababa is a new city which was established in 1878. The whole city is located on a hill-valley topography. Its road pattern bears the influence of the local topography. The roads radiate from the govt headquarter Piazza, Arat, and Amist Kilo roundabouts.
(ii) Mercato has markets which grew with time and is supposed to be the largest market between Cairo and Johannesburg.
(iii) A multi-faculty university, a medical college, a number of good schools make Addis Ababa, an educational centre. It is a terminal station for Djibouti-Adis Ababa rail route. Bole airport is a relatively new airport.

Answer 10.
(i) Jute is used for making coarse cloth, bags, sacks and decorative items. It is a cash crop in West Bengal and adjoining eastern parts of the country.
(ii) India lost large jute growing areas to East Pakistan during partition. India produces about three fifth of jute production of the world. West Bengal accounts for about three fourth of the production in the country.
(iii) Bihar and Assam are other jute growing areas. Being concentrated in few states it accounts for only about 0.5 percent of total cropped area in the country.

Answer 11.
(i) Chhatisgarh
(ii) Coal comes from-Korba and Iron ore- from Dalli-Rajhara.
(iii) Water comes from ‘Tanduladam’.

Answer 12.
(a) Bio-energy refers to energy derived from biological products which includes agricultural It residues.
(b) (i) Bio-energy is a potential source of energy conversion.
(ii) It can be converted into electrical energy, heat energy or gas for cooking.
(iii) It will also process the waste and garbage and produce energy.
(iv) It will improve economic life of rural areas in developing countries; reduce environmental pollution, enhance self-reliance and reduce pressure on fuel wood.

Answer 13.
(i) Social Awakening.
(ii) Respect and equality.
(iii) Women empowerment.

Answer 14.
(i) The earliest human beings depended on their immediate environment for their sustenance.
They subsisted on animals which they hunted and the edible plants which they gathered ‘ from forests in the vicinity.
(ii) Primitive societies depended on wild animals. People located in very cold and extremely hot climates survived on hunting.
(iii) The early hunters used primitive tools made of stones, twigs or arrow, the number of animals killed was limited.
(iv) Gathering is practised in regions with harsh climatic condition. It involves primitive : societies. They exploit both plants and animals to satisfy their needs for food, shelter and clothing.
(v) Such activity requires a small amount of capital investment and operates at very low level k of technology. The yield per person is very low and little or no surplus is produced.

Answer 15.
(a) Dairy farming is capital intensive. It is the most developed form of keeping milch animals. It provides milk, butter, cheese etc.
(b) (i) It is practised near the markets-urban areas and industrial centres.
(ii) They provide neighbourhood market for fresh milk and others dairy products.
(iii) Urban centres provide its transportation facility to send another parts where they are in need in very less time.
(iv) In urban or near urban, refrigeration, pasteurisation and other preservation process have increased the duration of storage of various diary products.

Answer 16.
(a) The Rhine flows through Germany and the Netherlands.
(b) River Rhine is navigable for 700 km from Rotterdam to Basel.
(c) (i) It flows through a rich coal field and the whole basin has become a prosperous manufacturing area.
(ii) Dusseldorf is the Rhine port for this region. Huge tonnage moves along the stretch south of Ruhr. This water way is the world’s most heavily used.
(iii) It connects the industrial areas of Switzerland, Germany, France, Belgium and Netherlands with the North Atlantic Sea Route.

Answer 17.
(i) Administrative Towns: Such towns are the national capitals; house the administrative offices of central governments, as-Canberra, New Delhi.
(ii) Industrial Towns: Towns which are rich in industries are known as industrial towns- Pittsburg, Jamshedpur, Kanpur.
(iii) Commercial Towns: The towns which are famous for their commercialised activities worldwide are Mumbai, London, Singapore, Shanghai.
(iv) Transport Towns: The towns which are the major centres of transport facilities that to be provided all around. Singapore, Baghdad, Cairo, New York.
(v) Cultural Towns: Places of pilgrimage, such as Jerusalem, Mecca, Jagannath Puri, and Varanasi are considered cultural towns. These centres are of great religious importance.

Answer 18.
(a) Non-metallic minerals are either organic in origin such as fossil fuels also known as mineral fuels, which are derived from the buried animal and plant life as coal and petroleum. Mica, limestone and graphite, they are inorganic metallic minerals in origin.
(b) (i) Mica is mainly used in the electrical and electronic industries. It can be split into a
very thin sheets which are tough and flexible.
(c) (i) High quality mica is obtained in Jharkhand, which is in a belt extending over a distance
about 150 km in length and about 22 km in width in lower Hazaribagh plateau.
(ii) Nellore district of Andhra Pradesh produces the best quality mica. In Rajasthan its belt extends for about 320 kms from Jaipur to Bhilwara and around Udaipur.
(iii) Mica deposits also occur in Mysore and Hasan districts of Karnataka. In Tamil Nadu- Coimbatore, Tiruchirapalli, Madurai and Kanyakumari are the main areas where mica is found.
Other than these areas, others are Alleppy in Kerala, Ratnagiri in Maharashtra, Purulia and Bankura in West Bengal.

Answer 19.
(a) Physical Features:
(i) Nature of Terrain
(ii) Altitude,
(iii) climate
(iv) Availability of water
(b) Cultural and Ethnic factors:
(i) Social structure,
(ii) Caste and religion
(c) Security factors: Defence against thefts and robberies.

Answer 20.
(i) Seasonal fluctuations in the volume of water level of most rivers.
(ii) Higher silting in the rivers is a threatening problem.
(iii) Make the reduction in water level due to diversion of water through canals etc for irrigation.
(iv) Lack of mechanised vessels and undulating topography.
(v) A great competition of roads, railways in the regards of convenience, to be provided the passengers as well as traders.

Answer 21.

Answer 22.

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