Accountancy 67/4/1 is a question paper designed for students preparing for their accounting exams. It includes a variety of questions covering key topics in accountancy, such as financial statements, partnership accounting, and computerized accounting. This paper is essential for students aiming to excel in their accountancy assessments. It provides a comprehensive review of concepts and practical applications relevant to the curriculum. Ideal for students in their second year of study, this question paper aids in exam preparation and understanding of core accounting principles.

Key Points

  • Includes multiple-choice questions on financial statements and partnerships
  • Covers short answer questions related to accounting principles
  • Features long answer questions for in-depth understanding of topics
  • Designed for second-year accountancy students preparing for exams
rosey princess
39 pages
Language:Hindi
Type:Past Paper
Accounting
rosey princess
39 pages
Language:Hindi
Type:Past Paper
Accounting
46
/ 39
67/4/1 # 1 # P.T.O.
- -
-
Candidates must write the Q.P. Code
on the title page of the answer-book.
Series : W4YXZ
SET ~ 1
-
Q.P. Code
Roll No.
ACCOUNTANCY
3 80
Time allowed : 3 hours Maximum Marks : 80
(I)
-
39
Please check that this question paper contains 39 printed pages.
(II)
- - - -
Q.P.
Code given on the right hand side of the question paper should be
written on the title page of the answer-book by the candidate.
(III)
-
34
Please check that this question paper contains 34 questions.
(IV)
, -
Please write down the Serial Number of the question in the
answer-book at the given place before attempting it.
(V)
-
15
-
10.15 10.15 10.30
-
-
15 minute time has been allotted to read this question paper. The
question paper will be distributed at 10.15 a.m. From 10.15 a.m. to
10.30 a.m., the candidates will read the question paper only and will not
write any answer on the answer-book during this period.
67/4/1
#
67/4/1 # 2 #
(i)
-
34
(ii)
-
(iii)
(iv)
I :
II :
(v)
1 16 27 30
1
(vi)
17 20 31 32
-
3
(vii)
21, 22 33
- -I
4
(viii)
23 26 34
- -II
6
(ix)
- ,
1.
5 : 3
-
2,50,000 2,00,000
1
(A) 2,00,000
(B) 4,50,000
(C) 12,50,000
(D) 10,00,000
67/4/1 # 3 # P.T.O.
General Instructions :
Read the following instructions carefully and follow them :
(i) This question paper contains 34 questions. All questions are compulsory.
(ii) This question paper is divided into two parts Part A and Part B.
(iii) Part A is compulsory for all candidates.
(iv) Part B has two options. Candidates have to attempt only one of the given
options.
Option I : Analysis of Financial Statements
Option II : Computerised Accounting
(v) Questions number 1 to 16 (Part A) and Questions number 27 to 30 (Part B) are
multiple choice questions. Each question carries 1 mark.
(vi) Questions number 17 to 20 (Part A) and Questions number 31 and 32 (Part B)
are short answer type questions. Each question carries 3 marks.
(vii) Questions number 21, 22 (Part A) and Question number 33 (Part B) are Long
answer type-I questions. Each question carries 4 marks.
(viii) Questions number 23 to 26 (Part A) and Question number 34 (Part B) are Long
answer type-II questions. Each question carries 6 marks.
(ix) There is no overall choice. However, an internal choice has been provided in few
questions in each of the parts.
PART A
(Accounting for Partnership Firms and Companies)
1. Ram and Shyam were partners in a firm sharing profits and losses in the
ratio of 5 : 3. Mohan was admitted as a new partner for
th
share in the
profits of the firm. Mohan brought 2,50,000 as his share of capital and
2,00,000 as his share of goodwill premium. The value of the firm
goodwill was : 1
(A) 2,00,000
(B) 4,50,000
(C) 12,50,000
(D) 10,00,000
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End of Document
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FAQs

what is Accountancy 67/4/1 Question Paper about

The Accountancy 67/4/1 Question Paper covers various topics related to accounting principles and practices.

  • It includes questions on partnership accounting.
  • It addresses financial statements and their analysis.
  • It also features multiple-choice questions and long-answer questions.

what topics are covered in the Accountancy 67/4/1 Question Paper

The Accountancy 67/4/1 Question Paper encompasses a range of essential accounting topics.

  • Partnership accounting and profit-sharing ratios.
  • Analysis of financial statements and performance ratios.
  • Computerized accounting systems and their applications.

how to prepare for the Accountancy 67/4/1 Question Paper

To effectively prepare for the Accountancy 67/4/1 Question Paper, focus on key areas of the syllabus.

  • Review partnership accounting principles and calculations.
  • Practice financial statement analysis and interpretation.
  • Familiarize yourself with computerized accounting software.

what are the key formulas for Accountancy 67/4/1 Question Paper

Key formulas for the Accountancy 67/4/1 Question Paper include essential accounting calculations.

  • Profit Sharing Ratio: Total profit shared according to the agreed ratio.
  • Current Ratio: Current Assets / Current Liabilities.
  • Return on Investment: (Net Profit / Investment) x 100.

what are some tips for answering the Accountancy 67/4/1 Question Paper

Here are some effective tips for answering the Accountancy 67/4/1 Question Paper.

  • Read each question carefully to understand what is being asked.
  • Manage your time wisely, allocating time to each section.
  • Show all workings in calculations to earn partial credit.

how many questions are in the Accountancy 67/4/1 Question Paper

The Accountancy 67/4/1 Question Paper contains a total of 34 questions.

  • It includes multiple-choice questions, short answer questions, and long answer questions.
  • All questions are compulsory, ensuring a comprehensive assessment of knowledge.

what is the structure of the Accountancy 67/4/1 Question Paper

The structure of the Accountancy 67/4/1 Question Paper is designed to evaluate various aspects of accounting knowledge.

  • Part A focuses on accounting for partnership firms and companies.
  • Part B includes options for analysis of financial statements or computerized accounting.

what types of questions are in the Accountancy 67/4/1 Question Paper

The types of questions in the Accountancy 67/4/1 Question Paper vary to test different skills.

  • Multiple-choice questions to assess basic understanding.
  • Short answer questions for concise explanations.
  • Long answer questions requiring detailed calculations and explanations.

what are common mistakes in the Accountancy 67/4/1 Question Paper

Common mistakes made in the Accountancy 67/4/1 Question Paper can hinder performance.

  • Not reading questions thoroughly, leading to misunderstandings.
  • Failing to show calculations in detail, resulting in lost marks.
  • Misapplying accounting principles in practical problems.

how is the Accountancy 67/4/1 Question Paper graded

The grading of the Accountancy 67/4/1 Question Paper is based on a marking scheme.

  • Multiple-choice questions typically carry one mark each.
  • Short answer questions may be worth three marks each.
  • Long answer questions can range from four to six marks depending on complexity.