H.S. 2nd YEAR
Unit wise previous years question papers 2015, 2016, 2017, 2018,
2019, 2020
Marking pattern
1 marks x 8 question = 8
2 marks x 5 question = 10
3 marks x 5 question = 15
5 marks x 7 question = 35
8 marks x 4 question = 32
PART - A
UNIT – 1
ACCOUNTING FOR NON TRADING ORGANISATION
MARKS –
2
1. Give two distinction between a
not for profit organization and a trading organization. 2019
1. Mention any three distinctions
between Receipts and Payments A/C and Income and Expenditure A/c. 2020
3. What is capital fund? 2017
4. State the meaning of not for
profit organization. 2016
MARKS –
3
1. Mention any three distinctions
between Receipts and Payments A/C and Income and Expenditure A/c. 2019, 2017,
2016
2. State three features of not
for profit organization. 2020, 2019, 2016,2015
3. Mention any three distinction
between Fund based Accounting and Non fund based accounting. 2018, 2016
4. What do you mean by Income and
Expenditure Account? 2018
5. State any three features of
Receipts and Payments account. 2017
6. Mention any three objectives of Receipts and Payments account. 2015
MARKS –
5
1. Explain in brief the treatment
of the following items in preparation of Income and Expenditure Account:
a. Subscription
b. Life Membership fees
c. General
Donation
d. Specific donation
e.
Legacy. 2019
2. What is the meaning of Fund
Based Accounting? Mention any three principles of fund based accounting. 2020,
2017
3. Explain the steps in
preparation of Income and Expenditure Account. 2018
UNIT – 2
ACCOUNTING FOR PARTNERSHIP
MARKS – 2
1. What is meant by super profit
in relation to valuation of goodwill? 2019
2. Mention any two methods of
valuation of Goodwill. 2017,2015
MARKS –
3
1. Explain the average profit
method of valuation of goodwill. 2019
2. Explain the super profit
method of valuation of goodwill. 2020
3. Mention any one method of
valuation of goodwill. 2017
4. Explain the capitalization
method of valuation of goodwill. 2016
MARKS –
5
1. What is partnership Deed?
Mention its four principal clauses. 2019
2. What is P/L appropriation
account? Why is it prepared? 2020
3. What is partnership Deed?
Mention any three distinction between Fixed and Fluctuating capital. 2018
MARKS –
8
1. What is goodwill? Mention four
factors affecting the goodwill of a firm. Mention three conditions when
valuation of goodwill becomes necessary. 2019
2a. Mention any three features of
partnership business.
2b. Mention five distinction
between Fixed and Fluctuating capital. 3+5=8. 2020
UNIT – 3
RECONSTITUTION OF PARTNERSHIP FIRM
MARKS –
2
1. Give two conditions under
which a partnership firm is dissolved. 2019, 2020
2. What is premium for goodwill.
2020
MARKS –
3
1. Write three objectives of
preparing Realization Account. 2019
2. What is gaining ratio? Give
two distinction between gaining ratio and sacrificing ratio. 2020, 2015
MARKS –
5
1. Distinguish between
Realization Account and Revaluation Account. 2019, 2017
2. What is dissolution of
partnership? How does it differ from dissolution of firm? 2020
3. What do you mean by
Dissolution of a partnership? State three grounds for Dissolution of
Partnership. 2018, 2016
4. How would you compute the
amount due to a retiring partner or the executors of a deceased partner? 2017,
2016
5. What are the causes of
retirement of a partner from a partnership firm? 2016
6. How are the accounts settled between partners on the dissolution of a partnership firm? 2015
MARKS –
8
1. Give journal entries for
dissolution of partnership firm. 2018
PART – B
UNIT – 1
ACCOUNTING FOR SHARE CAPITAL AND DEBENTURE
MARKS –
2
1. Mention any two features of a
debenture. 2019, 2017, 2015
2. What do you mean by Forfeiture
of Shares? 2018
3. Mention any two distinctions
between share and debenture. 2018, 2016
MARKS –
5
1. What is share forfeiture?
State the procedure of forfeiture of shares. 2019, 2016, 2015
2. Discuss the process for
allotment of shares of a company in case of oversubscription. 2019
3. What is share? Explain
different types of share. 2020
4. Explain the following items:
any two
a. Calls-in-advance
b. Under subscription.
c. Pro-rata
allotment of shares. 2020
5. Explain the terms
over-subscription and under-subscription of shares. 2018
6. What is preference share?
State the different types of preference shares. 2018
7. Explain the issue of shares at
par, at a discount and at a premium. 2017, 2015
MARKS –
8
1. Write short notes on:
a. Redemption of Debentures.
b. Loss on issue of Debentures.
c. Minimum Subscription. 2019, 2017
d.
Right Share 2016
2. Write short notes on:
a. Authorized Share capital. 2019,2017
b.
Calls in Arrear.
c. Pro-rata Allotment.
d. Preference share. 2019,2016
3a. Mention any three differences
between shares and debentures.
3b. Mention three uses of
securities premium
3c. What is authorized capital of
a company. 3+3+2=8. 2020
4. What is meant by Redemption of
Debenture? Explain different modes of redemption of debentures. 2020, 2017,
2015
5. Write short note on:
a. Re issue of forfeited share.
b.
Calls in arrears. 2016
c. Calls in advance 2016
d.
Reserve capital. 2x4=8. 2018, 2017
6. What is meant by debenture?
Explain the different types of debentures. 2018
7. What do you mean by debenture?
Explain any six points of distinction between shares and debenture. 2017
8. Give the accounting entries
for issue of debentures under different situations with imaginary figures. 2016
9. Give the accounting entries
relating to forfeiture and re-issue of shares with imaginary figure. 2016
UNIT – 2
ANALYSIS OF FINANCIAL STATEMENTS
MARKS – 2
1. Name any two items of current
assets. 2020
MARKS –
3
1. Mention three objectives of
preparing financial statements. 2019, 2018
2. What is comparative statement?
Mention two objectives of preparing comparative statements. 2019, 2018, 2016
3. What are contingent
liabilities? Mention any two items. 2019
4. Mention any three limitations
of Financial Statements. 2019,2018, 2017,2016
5. Mention three uses of
financial statements. 2020
6. What is a common size
statement? Mention its two uses. 2020, 2019, 2017
7. What are the items shown under
shareholders fund? 2020
8. Briefly explain the nature of
financial statements. 2018
9. Explain the meaning of
financial statements. 2017
10. What is trend analysis?
Mention its usefulness. 2017
11. Give three objectives of
financial statement analysis. 2016, 2015
12. Mention any three items that
can be shown under the heading Reserve & surplus in a company’s balance
sheet. 2016
MARKS –
5
1. Prepare the new format of the
balance sheet of a company with the major headings only. 2018, 2017, 2015
2.What do you mean by preliminary
expenses? Mention the items which are usually included in the list of
preliminary expenses. 2017
3. Distinguish between a
company’s balance sheet and balance sheet of a partnership firm. 2015
MARKS –
8
1. Who are the users of financial
statement? Explain the information they require from financial statements. 2015
UNIT – 3
RATIO ANALYSIS
MARKS –
3
1. Explain the meaning of ratio
analysis. 2018
MARKS –
5
1. What are profitability ratios?
What is the significance of gross profit and operating profit ratio. 2019
2. What is ratio analysis?
Mention any three uses of ratio analysis. 2020
3. Mention any five objectives of
ratio analysis. 2018
4. What do you mean by activity
ratios? Explain the method of calculating any one of activity ratios. 2017
5. Name any five ratios used for
analyzing the liquidity position of a firm. 2016
UNIT – 4
CASH FLOW STATEMENT
MARKS –
2
1. What is the meaning of cash
flow from investing activities? 2019
MARKS –
3
1. Explain the meaning of cash
flow from financial activities. 2018
2. Mention three sources of cash
flow as per AS-3 (Revised). 2017
MARKS –
5
1. What is cash flow Statement?
Explain its three limitations. 2019
2. What is meant by cash
equivalents? Mention any three objectives of preparing cash flow statements.
2020, 2017, 2016, 2015
3. Explain the terms:
a. Cash equivalents.
b. Cash
flow. 2018
4. Explain any five advantages of
cash flow statement. 2016
