Accountancy Question Paper 67 5 3 is designed for 2nd PU students preparing for their accountancy exams. It includes a variety of questions covering key accounting principles, financial statements, and partnership accounting. This question paper is essential for students looking to practice and enhance their understanding of accountancy concepts. It serves as a valuable resource for revision and exam preparation, ensuring students are well-equipped for their assessments.

Key Points

  • Includes multiple choice and long answer questions on partnership accounting
  • Covers financial statements and analysis relevant to 2nd PU curriculum
  • Designed for students preparing for accountancy exams
  • Provides practice for various accounting principles and calculations
rosey princess
39 pages
Language:English
Type:Past Paper
Accounting
rosey princess
39 pages
Language:English
Type:Past Paper
Accounting
49
/ 39
67/5/3 [
] 1 P.T.O.
Candidates must write the Q.P. Code on
the title page of the answer-book.
Series :
PRQ5S
SET~3
Q.P. Code
Roll No.
ACCOUNTANCY
:
NOTE
:
(I)
3
9
(I)
Please check that this question paper
contains 39 printed pages.
(II)
(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
(III)
Please check that this question paper
contains 34 questions.
(IV)
,
(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
(V)
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.
67/5/3
67/5/3 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.
4 : 1
40,00,000 30,00,000
31
,
2025
50,000 6%
1
(
)
(
)
(A)
1,500
1,500
(B)
1,500
1,500
(C)
1,500
1,500
(D)
1,500
1,500
67/5/3 [
] 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. Munna and Sonu were partners in a firm sharing profits and losses in the
ratio of 4 : 1. Their fixed capitals were
40,00,000 and
30,00,000
respectively. During the year ended 31
st
March, 2025, Munna withdrew
50,000 for personal use. Interest on drawings was to be charged @ 6% p.a.
1
Particulars
Dr. Amount
(
)
Cr. Amount
(
)
(A)
Interest on Drawings A/c Dr.
1,500
1,500
(B)
Dr.
1,500
To Interest on Drawings A/c 1,500
(C)
Interest on Drawings A/c Dr.
1,500
1,500
(D)
Dr.
1,500
To Interest on Drawings A/c
1,500
/ 39
End of Document
49

Figures

Accountancy Question Paper 67 5 3 - 2nd PU — Series :

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FAQs

what is Accountancy Question Paper 67 5 3 - 2nd PU about

The Accountancy Question Paper 67 5 3 - 2nd PU is a comprehensive assessment designed for students studying accountancy in their second pre-university course.

  • It covers various topics in accountancy including financial statements, partnership accounts, and company accounts.
  • The paper consists of multiple-choice questions, short answer questions, and long answer questions.
  • It is structured to evaluate students' understanding and application of accounting principles.

what topics are covered in Accountancy Question Paper 67 5 3 - 2nd PU

The Accountancy Question Paper 67 5 3 - 2nd PU includes a range of topics crucial for understanding accountancy.

  • Partnership accounts and their treatment in financial statements.
  • Company accounts, including share capital and debentures.
  • Financial analysis and the preparation of profit and loss accounts.
  • Accounting principles and their practical applications.

how to prepare for Accountancy Question Paper 67 5 3 - 2nd PU

Preparing for the Accountancy Question Paper 67 5 3 - 2nd PU requires a structured approach to studying the material.

  • Review the syllabus and focus on key topics such as financial statements and partnership accounts.
  • Practice previous years' question papers to familiarize yourself with the format and types of questions.
  • Utilize study guides and resources that cover important accounting concepts and principles.
  • Engage in group study sessions to discuss complex topics and clarify doubts.

what are the important formulas for Accountancy Question Paper 67 5 3 - 2nd PU

Important formulas for the Accountancy Question Paper 67 5 3 - 2nd PU include key accounting equations and calculations.

  • Accounting Equation: Assets = Liabilities + Equity
  • Net Profit: Total Revenue - Total Expenses
  • Gross Profit: Sales - Cost of Goods Sold
  • Interest on Drawings: Amount Withdrawn x Interest Rate

what are the key tips for solving Accountancy Question Paper 67 5 3 - 2nd PU

To effectively solve the Accountancy Question Paper 67 5 3 - 2nd PU, consider the following key tips.

  • Read each question carefully to understand what is being asked.
  • Manage your time efficiently, allocating specific time to each section.
  • Start with questions you find easier to build confidence.
  • Double-check your calculations and ensure all parts of the question are answered.

what is the marking scheme for Accountancy Question Paper 67 5 3 - 2nd PU

The marking scheme for Accountancy Question Paper 67 5 3 - 2nd PU is structured to evaluate different types of questions.

  • Multiple Choice Questions (MCQs) typically carry 1 mark each.
  • Short Answer Questions are usually worth 3 marks.
  • Long Answer Questions are divided into two types, with type I generally worth 4 marks and type II worth 6 marks.

how to analyze financial statements in Accountancy Question Paper 67 5 3 - 2nd PU

Analyzing financial statements in the context of Accountancy Question Paper 67 5 3 - 2nd PU involves several key steps.

  • Identify the components of the financial statements, such as the balance sheet and income statement.
  • Calculate key ratios like liquidity ratios, profitability ratios, and solvency ratios.
  • Compare the current year's performance with previous years to identify trends.
  • Understand the implications of the numbers and what they indicate about the financial health of the entity.