Accountancy · Class 12 Commerce

Himachal Hpbose Class 12 Accountancy — Real Previous-Year Papers

with complete answers

Real previous-year board papers, year by year — the official exam pattern, the full question paper, and every question solved the concept-first way. Distinct from the chapter-wise textbook bank.

2024–2024
Years of papers: 1
Total Papers: 1
Real Board Papers: 0
Sample papers: 31
Real-paper Q & A: 0
Sample-paper Q & A

Real board-paper questions available, by year

—2026Paper not available

—2025Paper not available

31 Q2024complete

—2023Paper not available

—2022Paper not available

—2021Exam cancelled (COVID-19)

—2020Paper not available

2026 — Paper not available: The board held this year’s commerce examination, but no verified question paper for this subject is available from the sources we check. We publish only a paper we can verify against a real printed original — it will appear here once it is.

2025 — Paper not available: The board held this year’s commerce examination, but no verified question paper for this subject is available from the sources we check. We publish only a paper we can verify against a real printed original — it will appear here once it is.

2023 — Paper not available: The board held this year’s commerce examination, but no verified question paper for this subject is available from the sources we check. We publish only a paper we can verify against a real printed original — it will appear here once it is.

2022 — Paper not available: The board held this year’s commerce examination, but no verified question paper for this subject is available from the sources we check. We publish only a paper we can verify against a real printed original — it will appear here once it is.

2021 — Exam cancelled (COVID-19): This Class-12 board examination was cancelled due to COVID-19; results were computed from an internal assessment/formula instead of a written paper. No annual question paper was conducted that year, so none exists to publish.

2020 — Paper not available: The board held this year’s commerce examination, but no verified question paper for this subject is available from the sources we check. We publish only a paper we can verify against a real printed original — it will appear here once it is.

HPBOSE Himachal Plus Two Class 12 (Commerce) 2024 · Set ANNUAL

Real board examination

This paper has 5 questions on a topic removed in CBSE’s 2023-24 syllabus update (each marked Not in syllabus). It’s kept for historical accuracy — the exam really asked it that year — but isn’t in the current syllabus and doesn’t count toward a concept’s importance. Switch to to focus on what’s still examinable.

About this paper

The real Class-12 board examination held in 2024. Every question below is solved the concept-first way. Sample papers are labelled honestly — never shown as a past exam.

Total marks: —
Questions: —
Duration: —
Sections: —

The marks / questions / duration above are the official exam pattern. We currently have 31 of this paper’s questions, with 31 fully solved. Questions we couldn’t yet extract or verify are held — never shown as complete.

The question paper

The questions we hold for this paper, laid out by section. Solutions are on the Answers tab.

Board Examination

Accountancy

HPBOSE Himachal Plus Two Class 12 (Commerce) 2024 · Set ANNUAL

Series/Set: ANNUALRoll No. ________

Time Allowed: —Maximum Marks: —

Section A

Q1.

Receipts and payments account shows-

(a) a debit balance
(b) a credit balance
(c) surplus or deficit
(d) capital fund

⚠ This question is not in the current syllabus — Not-for-Profit Organisation accounts (Receipts and Payments Account) are not listed in the current HP Class-12 Accountan

[1]

Q2.

Payment of honorarium to secretary is treated as-

(a) Capital expense
(b) revenue expense
(c) cash expense
(d) none of the above

⚠ This question is not in the current syllabus — Not-for-Profit Organisation accounting (honorarium) is not in the current HP Class-12 chapter menu; mapped to the closes

[1]

Q3.

Rate of interest on partners loan in the absence of partnership deed is-

(a) 7%
(b) 9%
(c) 6%
(d) 5%

[1]

Q4.

Recording of an unrecorded liability on the reconstitution of a partnership firm will be-

(a) a gain to the existing partners
(b) a loss to the existing partners
(c) neither gain nor a loss to the existing partners
(d) none of the above

[1]

Q5.

If the new partner brings his share of goodwill in cash, it will be shared by old partners in which ratio?

(a) new profit sharing ratio
(b) sacrificing ratio
(c) gaining ratio
(d) old profit sharing ratio

[1]

Q6.

Revaluation account is a-

(a) Real account
(b) nominal account
(c) personal account
(d) Capital account

[1]

Page 1 of 5

Q7.

The amount of shares issued to promoters for their services will be debited to- (a) To Goodwill account (b) To promoters account (c) To profit and loss account (d) none of the above

[1]

Q8.

Shareholders get from the company- (a) interest (b) profit (c) dividend (d) commission

[1]

Q9.

Debenture holders are the- (a) customer of the company (b) owner of the company (c) manager of the company (d) creditors of the company

[1]

Q10.

Under which headings live stock's is shown in the balance sheet- (a) Investments (b) loan and advances (c) miscellaneous expenditures (d) fixed assets

[1]

Q11.

Stock turnover ratio is- (a) financial ratio (b) activity ratio (c) solvency ratio (d) profit ability ratio

[1]

Q12.

Cash flow from operating activity is- (a) cash receipts from debtors (b) purchase of machinery (c) proceeds from long term borrowings (d) bank overdraft

[1]

Section B

Q1.

Mr. Ram is a partner in a firm. He draws Rs. 3000 from the firm in the beginning of every month. Interest on drawings is to be charged at the rate of 9% per annum. Calculate interest on drawings for the year 2022.

[2]

Q2.

What is meant by donations?

⚠ This question is not in the current syllabus — Not-for-Profit Organisation accounting (donations) is not in the current HP Class-12 chapter menu; mapped to the closest

[2]

Q3.

Is admission of a new partner meant reconstitution of partnership firm?

[2]

Page 2 of 5

Q4.

Jitendra and Dharmendra are partners in a firm sharing profit and losses in the ratio of 4:3. They admit Hema Malini in partnership for 1/5 share of profits. Calculate new profit sharing ratio.

[2]

Q5.

What is share capital?

[2]

Q6.

What is meant deep discount Bond?

[2]

Q7.

What is the difference between shares and debentures?

[2]

Q8.

A firm earned a profit of Rs 50000 on the capital of Rs. 400000. Normal rate of return is 12%. Calculate the value of goodwill at 3 year purchase of super profit.

[3]

Q9.

Distinguish between reserve capital and capital reserve.

[3]

Q10.

On 31st March 2022 India Limited redeemed rupees 50000, 12% debentures out of profits. Journalise the transactions.

[3]

Page 3 of 5

Q11.

From the following particulars prepare a Receipts and Payment account of a club for the year 2022: cash balance first January 2022 Rs 4000, entry Fees received Rs 400, subscription received Rs 800, last years arrears Rs 80, rent paid Rs 1060, purchase of cricket balls Rs 525, purchase of cricket bats Rs 580, miscellaneous expenses Rs 10, purchase of stationery Rs 5 and salary paid Rs 1100.

⚠ This question is not in the current syllabus — Not-for-Profit Organisation accounts (Receipts and Payments Account) are not in the current HP Class-12 chapter menu; ma

[4]

Q12.

(OR) What do you mean by income and expenditure account? Mention its main features.

⚠ This question is not in the current syllabus — Not-for-Profit Organisation accounts (Income and Expenditure Account) are not in the current HP Class-12 chapter menu; m

[4]

Q13.

ABC Limited issued 1000 shares of rupees 10 each to Ram at a premium of Rs 5 per share. Ram had paid rupees 3 per share on application and Rs 8 (including premium) on allotment but could not pay rupees 2 on first call and rupees 2 on final call. The director forfeited his shares and reissued to Jaggu as rupees 8 for fully paid. Pass necessary journal entries.

[4]

Q14.

Ram, Balram and Subham are partners in a firm, sharing profits and losses in the ratio of 3:2:1. Their balance sheet on 31st March 2021 was as follows: Balance Sheet as on 31st March 2021 Equity and liabilities: Creditors Rs 12600 Reserve fund 6000 Ram's capital Rs 10000 Balram's capital 10000 Suman's capital 10000 Total 48600 Assets: Cash in hand 11600 Cash in hand 1000 Stock 7000 Debtor 9000 Plant Machinery 6000 Building 14000 Total 48600 On that date Suman retires from the firm and amount due to him is paid in cash. It is agreed to adjust the values of assets as follows: 1. to provide a reserve of 5% on debtors for doubtful; 2. to depreciate stock 5% and machinery by 10%; 3. building to be revalued Rs. 15100. Show the revaluation account and the partners capital accounts and prepare the balance sheet of the firm.

[5]

Section C

Q1.

Describe important objectives of analysis of financial statements.

[2]

Page 4 of 5

Q2.

What do you mean by comparative study of financial statements?

[2]

Q3.

Write any two advantages of preparing cash flow statement.

[2]

Q4.

Quick ratio 1.5:1, current assets Rs. 100000, current liabilities Rs. 40000. Calculate the value of stock.

[3]

Q5.

From the following information prepare a cash flow statement. Particulars: (a) Opening cash balance Rs. 15000 (b) Closing cash balance Rs. 17000 (c) Decrease in stock Rs. 8000 (d) Increase in Bill's payable Rs. 12000 (e) Sale of fixed assets Rs. 30000 (f) Repayment of long term loan Rs. 50000 Net profit for the year Rs. 2000.

[3]

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