HSC ACCOUNTS MARCH 2018 BOARD QUESTION PAPER

HSC ACCOUNTS MARCH 2018 BOARD QUESTION PAPER
Q 1. A. Answer:


1. Trial Balance is a list of all debit and credit balances of ledger accounts.

2. Entrance fees is the fees paid by the person who intends to become members of ‘not for profit concern’.

3. Qualified acceptance is a type of acceptance in which drawee makes changes in the conditions mentioned in the bill.

4. Gain ratio is required to be calculated in case of retirement of partner, when goodwill is raised equal to share of retiring partner and written off.

5.
B. Answers:

(1) Unrecorded assets

(2) Capital

(3) Endorsee

(4) Gain ratio

(5) Single Entry System


(C) Answers:

(1) Debited

(2) 25th January, 2017

(3) Statement of Affairs.

(4) Realization Account.

(5) Purchases.


(D) Answers.

(1) False.

(2) True

(3) True

(4) True

(5) True




Q. 2. Single Entry Solution: For Solution Click Here






Book-keeping and Accountancy 12th Standard 

HSC Maharashtra State Board. Latest Syllabus.

Chapter 1: Introduction to Partnership and Partnership Final Accounts

Chapter 2: Accounts of ‘Not for Profit’ Concerns

Chapter 3: Reconstitution of Partnership (Admission of Partner)

Chapter 4: Reconstitution of Partnership (Retirement of Partner)

Chapter 5: Reconstitution of Partnership (Death of Partner)

Chapter 6: Dissolution of Partnership Firm

Chapter 7: Bills of Exchange

Chapter 8: Company Accounts - Issue of Shares

Chapter 9: Analysis of Financial Statements

Chapter 10: Computer In Accounting

 

ACCOUNTS BOARD PAPERS

HSC Accounts March 2020 Board Paper With Solution

MARCH 2014 : View | PDF Download

OCTOBER 2014 View | PDF Download

MARCH 2015 View | PDF Download

JULY 2015 View | PDF Download

MARCH 2016 View | PDF Download

JULY 2016 View | PDF Download

JULY 2017 View | PDF Download

MARCH 2017 View | PDF Download

MARCH 2018 View | PDF Download

JULY 2018 View | PDF Download

MARCH 2019 View | PDF Download

MARCH 2020 View | PDF Download


50 comments:

  1. How closing stock became 70,000

    ReplyDelete
    Replies
    1. Market prices =84000=20%
      Cost price = ???=100%
      100×84000
      ------ = 70000
      120

      Delete
    2. 84,000
      _______ × 100 =70,000
      120

      Delete
    3. 84000×100÷120 =70000 this is the correct solution of calculating closing stock

      Delete
  2. Replies
    1. Closing stock price is 20% higher than the original cost so 84000x120
      _____
      100

      Delete
  3. Market price of ₹.84000 (20%) depricate
    100+20=120
    84000×100÷12 = 70000 (closing stock)

    ReplyDelete
  4. How we got the amount of depreciation of machinery And what should we do of the second adjustment machinery??

    ReplyDelete
    Replies
    1. Machinery is given 90000.But in adjustment it is given that machinery includes purchase of machinery for Rs.40000 on 1st January,2016.
      So,in the asset side you have to show,
      Machinery=50000
      (+) Purchase =40000
      Therefore, 50000*10/100 + 40000*3/12*10/100.

      Delete
  5. I didn't understood the machinery's Adjustment

    ReplyDelete
    Replies
    1. Machinery adjustment mein kya diya hai Machinery include purachase of machinery for ₹40000 on 1st jan 2016.. jo new machinery purchase kiye the 1st jan ko woh machinery me include hua hai toh phir old machinery 50000 pe pure saal ka nikalenge aur new machinery 40000 pe 3 mahine ka nikalenge 1st jan 2016 ke hisaab se

      Delete
  6. I didn't understood the salaries adjustment . How 3600 came?

    ReplyDelete
    Replies
    1. 18000 10 month ka hai toh 2 mahina o/s hai 18000 ko 10 se divide karke ek mahine ka nikalke fir usko 2 mahine ka
      kardenge aaajayega 3600 o/s

      Delete
    2. Thank you ..for this adjustment... Its really helpful for us

      Delete
    3. See first you depreciation on half yrr amount 50000into 10and divided by 100.than you get answers 5000

      And second think is 40000into 3and divided by 12 than you get answers 1000 the total is 6000 fine

      Delete
  7. This comment has been removed by the author.

    ReplyDelete
  8. Sir 5 adj. me machinery 40000 purchase se less hogi and asset me machinery add hogi ??

    ReplyDelete
    Replies
    1. Nhi.....5th adjustment mein kya diya machinery includes purchase of machinery for ₹40000 on 1jan 2016 .....machinery jo prchase kiye the 1stjan ko woh include ho chuki hai toh old machinery 50000 pe pure year ka depriciate karenge aur jo new machinery hai 40000 ki uspe 3 month ka depriciate karna hai

      Delete
  9. How is goodwill calculated in the sum of admission

    ReplyDelete
    Replies
    1. 144000/- Is a goodwill of total firm. The new partner is admitted for 1/4th share...so
      144000/4
      =36000
      36000/3 (Old partners ratio)
      =12000/-
      Thus, 12000×2= meena
      12000/- heena

      Delete
  10. How the goodwill is calculated ?

    ReplyDelete
  11. What will be the 1st and 2nd effect in machinery aaj

    ReplyDelete
  12. 8%Debentureka effect kha hoga or kese calculated krege

    ReplyDelete
    Replies
    1. Second wala effect P and L A/c Main hoga
      Aur usse calculate main hame 8 % dentures main add karne hoge

      Delete
  13. You guys did the best work for us jai omtex classes

    ReplyDelete
  14. How is current account amount camed

    ReplyDelete
    Replies
    1. If current account is given then we have to directly write our capital balance to libality side and after it.after closing partner current account you have to write result value as current amount on libality side.

      Delete
  15. How machinery became 6000???

    ReplyDelete
  16. 144000÷4=36000
    2-24000
    1-12000

    ReplyDelete
  17. how come machinery deprication came 6000 it must 9000 and how to do 5 adjustment

    ReplyDelete
  18. closing stock is 84000 as given , if 35% given what answer would be?

    ReplyDelete
  19. I am not understanding last adjustment

    ReplyDelete
  20. Agar telly nhi krenge toh kitna marks cut hoga ???

    ReplyDelete
  21. One given answer plzz tell me

    ReplyDelete
  22. Thanks i have solved without any of the solution there was calculations mistake which Nedd to come here

    ReplyDelete
  23. In single entry ( depreciation on machinery on 30,000 for 6 months) what a answer and how calculate this ???

    ReplyDelete

PDF FILE TO YOUR EMAIL IMMEDIATELY PURCHASE NOTES & PAPER SOLUTION. @ Rs. 50/- each (GST extra)

HINDI ENTIRE PAPER SOLUTION

MARATHI PAPER SOLUTION

SSC MATHS I PAPER SOLUTION

SSC MATHS II PAPER SOLUTION

SSC SCIENCE I PAPER SOLUTION

SSC SCIENCE II PAPER SOLUTION

SSC ENGLISH PAPER SOLUTION

SSC & HSC ENGLISH WRITING SKILL

HSC ACCOUNTS NOTES

HSC OCM NOTES

HSC ECONOMICS NOTES

HSC SECRETARIAL PRACTICE NOTES

2019 Board Paper Solution

HSC ENGLISH SET A 2019 21st February, 2019

HSC ENGLISH SET B 2019 21st February, 2019

HSC ENGLISH SET C 2019 21st February, 2019

HSC ENGLISH SET D 2019 21st February, 2019

SECRETARIAL PRACTICE (S.P) 2019 25th February, 2019

HSC XII PHYSICS 2019 25th February, 2019

CHEMISTRY XII HSC SOLUTION 27th, February, 2019

OCM PAPER SOLUTION 2019 27th, February, 2019

HSC MATHS PAPER SOLUTION COMMERCE, 2nd March, 2019

HSC MATHS PAPER SOLUTION SCIENCE 2nd, March, 2019

SSC ENGLISH STD 10 5TH MARCH, 2019.

HSC XII ACCOUNTS 2019 6th March, 2019

HSC XII BIOLOGY 2019 6TH March, 2019

HSC XII ECONOMICS 9Th March 2019

SSC Maths I March 2019 Solution 10th Standard11th, March, 2019

SSC MATHS II MARCH 2019 SOLUTION 10TH STD.13th March, 2019

SSC SCIENCE I MARCH 2019 SOLUTION 10TH STD. 15th March, 2019.

SSC SCIENCE II MARCH 2019 SOLUTION 10TH STD. 18th March, 2019.

SSC SOCIAL SCIENCE I MARCH 2019 SOLUTION20th March, 2019

SSC SOCIAL SCIENCE II MARCH 2019 SOLUTION, 22nd March, 2019

XII CBSE - BOARD - MARCH - 2019 ENGLISH - QP + SOLUTIONS, 2nd March, 2019


BUY FROM PLAY STORE

DOWNLOAD OUR APP


HOW TO PURCHASE OUR NOTES?



S.P. Important Questions For Board Exam 2020


O.C.M. Important Questions for Board Exam. 2020


Economics Important Questions for Board Exam 2020


Chemistry Important Question Bank for board exam 2020


Physics – Section I- Important Question Bank for Maharashtra Board HSC Examination


Physics – Section II – Science- Important Question Bank for Maharashtra Board HSC 2020 Examination


MUST REMEMBER THINGS on the day of Exam


Are you prepared? for English Grammar in Board Exam.


Paper Presentation In Board Exam


How to Score Good Marks in SSC Board Exams


Tips To Score More Than 90% Marks In 12th Board Exam


How to write English exams?


How to prepare for board exam when less time is left


How to memorise what you learn for board exam


No. 1 Simple Hack, you can try out, in preparing for Board Exam

How to Study for CBSE Class 10 Board Exams Subject Wise Tips?

JEE Main 2020 Registration Process – Exam Pattern & Important Dates

NEET UG 2020 Registration Process Exam Pattern & Important Dates

How can One Prepare for two Competitive Exams at the same time?

8 Proven Tips to Handle Anxiety before Exams!