HSC 12TH STANDARD ACCOUNTS MARCH 2019 BOARD PAPER SOLUTION.


HSC 12TH STANDARD ACCOUNTS MARCH 2019 BOARD PAPER SOLUTION.

Q. 1. Attempt any Three of the following sub – questions.

(A) Answer the following questions in only ‘one’ sentence each. (5)



(1) What is Balance Sheet?

Ans. A balance sheet is a statement showing financial position of the firm at a date.

(2) What is gain ratio or benefit ratio?

Ans. Ratio by which remaining partners are benefited on retirement of any partner is known as Gain ratio or benefit ratio.

(3) What is authorised capital?

Ans. The authorised capital of a company is the maximum amount of share capital for which shares can be issued by a company. The initial authorised capital of the Company is mentioned in the Memorandum of Association of the Company and is usually Rs. 1 lakh.

(4) Who is a drawer?

Ans. A person who draws the bill is known as drawer.

(5) What is Statement of Affairs?

Ans. Ans. A statement which is prepared under the single entry system on the basis of estimated balances of various assets and liabilities is called ‘Statement of Affairs’.


(B) Write a word / term / phrase as a substitute for each of the following statements: (5)

(1) An association of two or more persons to carry on business.

Ans. Partnership

(2) Payment of the bill before due date.

Ans. Retirement of the bill.

(3) The acknowledgement of debt under common seal of company.

Ans. Debenture.

(4) A bill which is drawn in India and payable in other country.

Ans. Foreign bill.

(5) Critical evaluation of financial statement to measure profitability.

Ans. ‘Analysis’ of financial statement

(C) Select the most appropriate alternative from those given below and rewrite the statements. (5)

(1) The interest on drawings is transferred to _________ side of the Profit and Loss Account.

(a) debit
(b) credit
(c) assets
(d) liability

(2) If any asset is taken over by a partner from the firm, __________ account will be debited.

(a) capital
(b) revaluation
(c)assets
(d) profit and loss adjustment.

(3) If goodwill is raised to the extent of retiring partner’s share, ________ account is to be debited.

(a) cash
(b) Goodwill
(c) all partners’ capital
(d) retiring partner’s capital

(4) _________ extra days are allowed over and above the period of the bill.

(a) Two
(b) Three
(c) Five
(d) Ten

(5) In the statement of Profit or Loss, interest on capital is ___________

(a) shown as addition
(b) shown as subtraction.
(c) ignored
(d) multiplied

(D) State whether the following statements are True or False: (5)

(1) ‘Not for Profit’ concerns concentrate their efforts on maximizing their profit.  False

(2) On dissolution of a firm, Cash or Bank account is closed automatically. True

(3) A bill can’t be deposited into a bank for collection. False

(4) A person to whom or as per his order, amount of bill is payable is a payee. True

(5) Analysis of financial statement is a tool but not a remedy. True

(E) FORMAT OF Bill of Exchange Solution: (5)


Q. 2. Single Entry Solution Click Here.

Q. 3. Admission of Partner Solution Click Here.

Q. 4. Bills of Exchange Solution Click Here.

Q. 5. Dissolution of Partnership Solution Click Here.

Q. 6. NPO Solution Click Here

Q. 7. Final Account Solution Video.





HSC MAHARASHTRA
ACCOUNTS
PROFORMA OF TRADING ACCOUNT: View | PDF Download
PROFORMA OF PROFIT & LOSS ACCOUNT: View | PDF Download
PROFORMA OF BALANCE SHEET: View | PDF Download
FINAL ACCOUNT ADJUSTMENTS: View | PDF Download
FINAL ACCOUNT: View | PDF Download
NPO : View | PDF Download
BILL OF EXCHANGE: View | PDF Download
FORMAT OF BILL: View | PDF Download
ADMISSION OF A PARTNER: View | PDF Download
DEATH OF PARTNER: View | PDF Download
ACCOUNTING FOR SHARES : View | PDF Download
ACCOUNTS BOARD PAPERS
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
ACCOUNTS BOARD PAPERS WITH SOLUTION
IMPORTANT PRACTICE PAPER FOR BOARD EXAM 2020


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
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

HSC BOARD QUESTION PAPER & SOLUTIONS-2019 (STD - XII)
Date
Subject
Question Papers
Solutions
2019-02-21
English
HSC Board English Question Paper Code A
HSC Board English Question Paper Code B
HSC Board English Question Paper Code C
HSC Board English Question Paper Code D
2019-02-25
Physics
HSC Board Physics Question Paper
2019-02-27
Chemistry
HSC Board Physics Question Paper
2019-03-02
Mathematics
HSC Board Mathematics Question Paper
2019-03-06
Biology
HSC Board Biology Question Paper
2019-03-18
Science Paper II
HSC Board Science Paper II Question Paper
2019-03-19
Computer Science Paper II
HSC Board Computer Science Paper II Question Paper

133 comments:

  1. Unknown06 March, 2019 16:17

    this is incomplete

    ReplyDelete
    Replies
    1. AMIN BUHARI06 March, 2019 19:29

      Solutions are updated every 30 min.

      Delete
    2. Unknown06 March, 2019 20:33

      How much time it will take to give whole paper solution

      Delete
    3. Unknown06 March, 2019 21:31

      Oooooo

      Delete
    4. Unknown06 March, 2019 22:06

      Sir dissolution NPO or final account ka tally amount sir final account ka tally amount 12,25,600 haina

      Delete
    5. Shy06 March, 2019 22:17

      Final account ka mera bhi yahi aa rha tha

      Delete
    6. Shy06 March, 2019 22:18

      Don't know about dissolution's and npo's

      Delete
    7. Unknown07 March, 2019 06:58

      npo tally nahi hua hai yaar,please upload solutions quicker

      Delete
    8. Unknown07 March, 2019 22:12

      Hmmm final a/c ka tally 1225600 hai
      Npo ka 1447100

      Delete
    9. Anonymous08 March, 2019 12:01

      Yes right

      Delete
    10. Unknown08 March, 2019 21:20

      Please upload Final account solution

      Delete
    11. Unknown01 May, 2019 20:49

      Please share final accounts solution

      Delete
  2. Anonymous06 March, 2019 16:34

    where are answers to other questions?

    ReplyDelete
    Replies
    1. AMIN BUHARI06 March, 2019 19:28

      Solutions are updated every 30 min.

      Delete
    2. Anonymous06 March, 2019 19:41

      oky sir thankyou

      Delete
    3. Unknown08 March, 2019 08:12

      Where is questions number 7

      Delete
    4. Unknown08 March, 2019 13:55

      Sir my bill of exchange problem has only 1 mistake that mistake is while preparing account of Sunil l written the balance b/d 42000 instead of 50000.Can you describe me how many marks will be reduced for this..I hope you will answer this question,Tha Th you.

      Delete
  3. Unknown06 March, 2019 17:33

    Where are the other answer?

    ReplyDelete
    Replies
    1. AMIN BUHARI06 March, 2019 19:29

      Solutions are updated every 30 min.

      Delete
    2. Unknown21 January, 2020 22:12

      There is recent update and the sum is wrong

      Delete
  4. Unknown06 March, 2019 19:08

    Sir please provide further solutions

    ReplyDelete
  5. Unknown06 March, 2019 19:22

    Sir please continue solution

    ReplyDelete
  6. Avinash Suthar06 March, 2019 20:21

    please give full solution of accounts todays paper

    ReplyDelete
  7. Anonymous06 March, 2019 20:25

    How much marks are deducted for not totaling the journal in shares

    ReplyDelete
  8. Unknown06 March, 2019 20:35

    Please provide further solutions

    ReplyDelete
  9. Unknown06 March, 2019 20:39

    Please upload full paper solution

    ReplyDelete
    Replies
    1. AMIN BUHARI06 March, 2019 21:24

      Bill of exchange solution updated.

      Delete
    2. Deep gattani08 March, 2019 21:55

      Sir how many marks are deducted for wrong totalling of shares problem?

      Delete
  10. Anonymous06 March, 2019 20:40

    Solution plzz...

    ReplyDelete
  11. Unknown06 March, 2019 20:58

    Answer of dissolution

    ReplyDelete
  12. Avinash Suthar06 March, 2019 21:00

    maths paper solution also required

    ReplyDelete
  13. Unknown06 March, 2019 21:01

    plzz provide mathematics solution(com.)

    ReplyDelete
  14. Anonymous06 March, 2019 21:11

    How much marks are deducted for not tallying the sum?

    ReplyDelete
  15. Unknown06 March, 2019 21:13

    All solutions are not given plzz provide full solutions

    ReplyDelete
    Replies
    1. AMIN BUHARI06 March, 2019 21:24

      Bill of exchange solution updated.

      Delete
    2. Shy06 March, 2019 22:25

      Sir plz update the remaining solution too

      Delete
  16. Unknown06 March, 2019 21:29

    लवकर पाठवा सगळी उत्तर

    ReplyDelete
  17. Unknown06 March, 2019 21:31

    Yaiiiiiiii bill of exchange is correct 😎😎😎

    ReplyDelete
  18. Shy06 March, 2019 21:37

    how many marks was there on entries and making of ledger For bills of exchange

    ReplyDelete
    Replies
    1. AMIN BUHARI07 March, 2019 10:21

      For Entries 8 Marks and for ledger 2 Marks.

      Delete
  19. Shy06 March, 2019 21:43

    Maths solution is also required

    ReplyDelete
  20. Unknown06 March, 2019 21:54

    Plzz upload bills of exchange ans sir

    ReplyDelete
  21. Unknown06 March, 2019 21:59

    Plzz upload all solutions

    ReplyDelete
  22. Unknown06 March, 2019 22:25

    Sir is it right if we had written "Accepted"word like this inspite of writing like this "ACCEPTED"

    ReplyDelete
  23. Unknown06 March, 2019 22:33

    How much time will it take to give whole solution

    ReplyDelete
    Replies
    1. AMIN BUHARI07 March, 2019 10:23

      Solutions are updated please check again.

      Delete
  24. manas sawant06 March, 2019 22:33

    Sir can you please tell how many Marks are distributed among journal and ledger of Bill of exchange according to the marking scheme ????

    ReplyDelete
  25. Unknown06 March, 2019 22:41

    Sir,please upload the marking system of NPO and Single Entry System.

    ReplyDelete
  26. Unknown06 March, 2019 22:43

    What if the opening and closing capital balance in Single Entry system is incorrect and the other postings are correctly done

    ReplyDelete
  27. Anonymous07 March, 2019 00:12

    Final account 1225600 is correct

    ReplyDelete
  28. Sanket shetye07 March, 2019 01:48

    Dissolution Me 6 entry barabr ho to kitna marks milega

    ReplyDelete
  29. Anonymous07 March, 2019 07:53

    Final accounts mai gross profit tk correct hai...bs 1 adjustment galt hui h...toh kitne marks cut honge...

    ReplyDelete
  30. Unknown07 March, 2019 08:03

    Send issue of shares,npo,final alc also,Q1.E solution also

    ReplyDelete
  31. Anonymous07 March, 2019 08:10

    Pls upload maths paper solutions also

    ReplyDelete
  32. Unknown07 March, 2019 08:45

    Please send the solution for npo and final account

    ReplyDelete
  33. Anonymous07 March, 2019 09:27

    Please send the solution for final account

    ReplyDelete
  34. Ridhi07 March, 2019 09:36

    Sir in npo if we write interest on investment of bldg fund in income it will be okk

    ReplyDelete
    Replies
    1. manas sawant07 March, 2019 10:16

      Same doubt ....plzzz answer

      Delete
    2. Unknown07 March, 2019 12:21

      No it will not work it must b added to building fund...

      Delete
    3. Unknown07 March, 2019 22:39

      No because the main object of building fund investment is to earn income which will increase the amount of building fund

      Delete
  35. Unknown07 March, 2019 10:00

    Can i get soljsolu for retirement

    ReplyDelete
  36. Unknown07 March, 2019 10:01

    SoluSolut

    ReplyDelete
  37. Unknown07 March, 2019 10:01

    I got 1232440 tally amount of final accoacco

    ReplyDelete
  38. Unknowm07 March, 2019 10:17

    Shit dude NPO mai 18000 liability mai add karne ke bajaye income mai likh diya.. fir bhi tally hogya

    ReplyDelete
    Replies
    1. AMIN BUHARI07 March, 2019 10:25

      Yes the Problem will tally. But for your mistake one mark will be reduced.

      Delete
  39. Web shows07 March, 2019 10:27

    Plz provide the answers of companies account too i.e Q. No. 5

    ReplyDelete
  40. Unknown07 March, 2019 10:39

    Sir Q5 Q6 or Q7 solutions please

    ReplyDelete
  41. Unknown07 March, 2019 10:45

    Final account solution

    ReplyDelete
  42. Unknown07 March, 2019 10:46

    How many marks are deducted if one entry in bill of exchange is wrong

    ReplyDelete
  43. Unknown07 March, 2019 11:06

    Sir aapne bill of exchange ka format wrong banaya hai Q1.E kyuki aapne payee ka name nhi daala hai aapne aisa likha hai pay to me or my order

    ReplyDelete
  44. Unknown07 March, 2019 11:07

    final a/c solution??

    ReplyDelete
  45. Unknown07 March, 2019 11:21

    Specimen of boe have payee tooo!!!

    ReplyDelete
  46. Unknown07 March, 2019 11:34

    Where is share ac plz update fast

    ReplyDelete
  47. Unknown07 March, 2019 11:52

    Yup ... I agree ke aapne Q.1E ka ans. Wrong likha h kyunki aapne payee ka naam nhi dala h

    ReplyDelete
  48. Unknown07 March, 2019 11:54

    FINAL a/c ans. Plzzz

    ReplyDelete
  49. Unknown07 March, 2019 13:25

    Give final account solutions

    ReplyDelete
  50. Anonymous07 March, 2019 13:41

    Your npo answer is wrong even though the tally amount is correct. And the stock of sports material is 48000 only. There is no need of changing it.

    ReplyDelete
  51. nikhatlove19807 March, 2019 13:44

    Final Account Solution please.

    ReplyDelete
  52. Anonymous07 March, 2019 14:43

    how many marks will i score if i get 4 journal entries right in bills of exchange?

    ReplyDelete
  53. Sahil07 March, 2019 14:51

    Sir i did only the subscription entry wrong how much marks will i get other adjustment i had done correctly

    ReplyDelete
  54. Anonymous07 March, 2019 15:03

    Give the solution of shares question

    ReplyDelete
  55. Unknown07 March, 2019 15:04

    Sir please upload final account solution

    ReplyDelete
  56. Unknowm07 March, 2019 15:40

    Final account solution please

    ReplyDelete
  57. Anonymous07 March, 2019 15:52

    Can interest on building fund investment be considered as revenue income ??

    ReplyDelete
  58. Unknown07 March, 2019 17:19

    Final account's answer please

    ReplyDelete
  59. Unknown07 March, 2019 17:21

    Sir Q7 baki hai

    ReplyDelete
  60. Anonymous07 March, 2019 17:23

    sir my bad debts entry is wrong and balance sheet is not tallied in final accounts how much marks will be deducted

    ReplyDelete
  61. Unknown07 March, 2019 17:29

    Shares ka answer please dalona

    ReplyDelete
  62. Unknown07 March, 2019 20:10

    When will you post final A/c's answer?

    ReplyDelete
  63. Unknown07 March, 2019 21:12

    Ans in O word me 'foreign bill of exchange' aisa chalta kya

    ReplyDelete
  64. Shivanand kotgire07 March, 2019 21:15

    Sir answer in one word or phrase me 3rd ka 'debentures of company' to chalta kya

    ReplyDelete
    Replies
    1. Unknown07 March, 2019 22:29

      Yess and i write debenture certificate

      Delete
  65. Unknown07 March, 2019 22:07

    Sir in admission how many marks will cut if I had directly transfers the remaining balance of Harsha and Varsha to their loans account without doing capital adjustment but my and has tallied

    ReplyDelete
    Replies
    1. Unknown08 March, 2019 01:12

      You will get full if u have attempted !

      Delete
  66. Unknown07 March, 2019 22:26

    Sir maths paper ka solution bhi upload kro na plz

    ReplyDelete
  67. Unknown07 March, 2019 22:33

    Sir in 5th one word i write comparative financial statement
    Toh 1 marks pure kat jaayenge

    ReplyDelete
  68. Unknown07 March, 2019 22:33

    Sir in 5th one word i write comparative financial statement
    Toh 1 marks pure kat jaayenge

    ReplyDelete
  69. Unknown07 March, 2019 23:07

    Give answer for shares and also what was to be done for the interest on investment of builfibu fund?

    ReplyDelete
  70. Unknown07 March, 2019 23:09

    Where is final a/c solution

    ReplyDelete
  71. Unknown08 March, 2019 12:11

    Final a/c solution

    ReplyDelete
  72. Unknown08 March, 2019 12:22

    Final a/c solution plz sir

    ReplyDelete
  73. Unknown08 March, 2019 14:27

    Please final a/c solution....

    ReplyDelete
  74. Unknowm08 March, 2019 18:58

    Final account solution

    ReplyDelete
  75. Unknown08 March, 2019 22:13

    Final account solution please

    ReplyDelete
  76. Unknown11 March, 2019 11:01

    Issue of share ka solution please and Q. No. 7

    ReplyDelete
  77. Shrinivas kamtam14 March, 2019 18:20

    Pls tell me balance sheet total for final accounts

    ReplyDelete
  78. Unknown15 March, 2019 14:02

    Retirement solution??

    ReplyDelete
  79. Unknown16 March, 2019 10:40

    Where is Q7

    ReplyDelete
  80. Unknown27 March, 2019 14:37

    final accounts solution

    ReplyDelete
  81. Unknown30 May, 2019 12:35

    There is no final accounts solution ???

    ReplyDelete
  82. Unknown17 June, 2019 15:53

    This is incomplete
    What about the Q. 4 E ?

    ReplyDelete
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    ReplyDelete
  84. Piyush Quicker24 December, 2019 20:03

    I would rather like an only have solution of final accounts of this year rather than solution video.

    ReplyDelete
  85. Unknown27 December, 2019 20:40

    Please give retirement solution

    ReplyDelete
  86. Unknown18 January, 2020 16:13

    Sir retirement 2019 march paper solutions do na plzzz

    ReplyDelete

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