Class 12 · Accountancy · CBSE Board · 2016–2025

Financial Statements of a Company — Class 12 Accountancy PYQs

29 questions from this chapter, asked in 8 Class 12 exams between 2016–2025 — every question paper set included, duplicates removed.

29questions
8Class 12 exams
2016–2025years covered
1 / 2 / 3 / 4mark values asked

Questions asked per year

Practice questions first 10 of 29 — free

Q120253 marks

Classify the following items under major heads and sub-heads (if any) in the Balance Sheet of the company as per Schedule-III, Part-I of the Companies Act, 2013 :
(i) Bills payable
(ii) Loose Tools
(iii) Copyrights

Q220253 marks

Classify the following items under major heads and sub-heads (if any) in the Balance Sheet of the company as per Schedule-III, Part-I of the Companies Act, 2013 :
(i) Calls in advance
(ii) Licences and Franchise
(iii) Prepaid Insurance

Q320253 marks

Classify the following items under major heads and sub-heads (if any) in the Balance Sheet of the company as per Schedule-III, Part-I of the Companies Act, 2013 :
(i) Computer software
(ii) Outstanding salary
(iii) Work in progress

Q420253 marks

Classify the following items under major heads and sub-heads (if any) in the Balance Sheet of the company as per Schedule-III, Part-I of the Companies Act, 2013 :
(i) Outstanding Salaries
(ii) Trademarks
(iii) Loose tools

Q5MCQ20243 marks

Classify the following items under major heads and sub-heads (if any) in the Balance Sheet of the company as per Schedule III, Part I of the Companies Act, 2013 :

(A)Long Term Loans from Bank
(B)Loose Tools
(C)Outstanding Expenses
Q6MCQ20243 marks

Classify the following items under major heads and sub-heads (if any) in the Balance Sheet of the company as per Schedule III Part I of the Companies Act, 2013 :

(A)Patents
(B)Unpaid dividend
(C)Prepaid Expenses
Q7MCQ20243 marks

Classify the following items under major heads and sub-heads (if any) in the Balance Sheet of the company as per Schedule III, Part I of the Companies Act, 2013 :

(A)Cheques in hand
(B)Marketable Securities
(C)Trademarks
Q820243 marks

Classify the following items under major heads and sub-heads (if any) in the Balance Sheet of a company as per Schedule III, Part I of the Companies Act, 2013 :
(i) Calls in advance
(ii) Mining rights
(iii) Loose tools

Q920243 marks

Classify the following items under major heads and sub-heads (if any) in the Balance Sheet of the company as per Schedule III, Part I of the Companies Act, 2013 :
(i) Unclaimed dividend
(ii) Raw materials
(iii) Capital Work-in-Progress

Q1020243 marks

Classify the following items under major heads and sub-heads (if any) in the Balance Sheet of the company as per Schedule III, Part I of the Companies Act, 2013 :
(i) Livestock
(ii) Accrued incomes
(iii) Unpaid dividend

Why practise Financial Statements of a Company PYQs?

Financial Statements of a Company has appeared in 8 Class 12 Accountancy exams we track between 2016–2025, with questions worth 1, 2, 3, 4 marks. CBSE Board examiners consistently reuse concepts and question patterns from this topic — practising its previous year questions is the most reliable way to know exactly what to expect in your exam.

Other Accountancy chapters

Financial Statements of a Company — Class 12 Accountancy PYQs (2016–2025) | Padhify