CBSE Guess > Papers > Question Papers > Class XII > 2004 > Accountancy > Compartmemt Delhi Set-II ACCOUNTANCY (Set II—Compartment Delhi) Except for the following questions, all the remaining questions have been asked in Set I. PART A - PARTNERSHIP AND COMPANY ACCOUNTS Q. 7. W.L.L Ltd. s registered with an authorised capital of Rs. 50,00,000 divided into 5,00,000 equality shares of Rs. 10each. The company offered 4,00,000 shares for subscription to the public, out of which 3,00,000 shares were subscribed for. Rs. 6 per share were called and received, except; call of Rs. 2 per share on 10,000 shares. Show the share capital of the company in its Balance Sheet as per the provisions of Schedule VI Part I of the Companies Act 1956. 4 Q. 8. On 31.3.2003 M Ltd. had Rs. 10,00,000 9% debentures due for redemption. The company had a balance of Rs. 4,60,000 in its Debentures Redemption Reserve Account. Q. 9. On 1.4.1998 X Ltd. issued 1,00,000 8% debentures of Rs. 100 each at a discount of 5% redeemable after 5 years at a premium of 10% by converting them Into equity shares of Rs. 100 each issued at a premium of 25%. Q. 12. (a) P Ltd. forfeited 900 equity shares of Rs. 10 each issued at a discount of 10% for the non-payment of final call of Ks. 2 per share. These shares were reissued at Ks. 13 per share as fully paid. Pass necessary journal entries. 3 PART B - ANALYSIS OF FINANCIAL STATEMENTS Q. 18. State any three advantages of Analysis of Financial Statements. 3 Q. 19. Prepare a common size Balance Sheet and comment on the financial position of G Ltd. and L Ltd. The Balance Sheets of G Ltd. and L Ltd. as at 31.3.2003 are given below: 3
CBSE 2004 Question Papers Class XII
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