Please provide 2015-16 ,2016-17 ,
2017-18 previous year All India board papers of English subject along with their solution
Answers
SECTION A1.Amit and Beena were partners in a firm sharing profits and losses in the ratio of 3 :1. Chaman was admitted as a new partner for 1th6share in the profits. Chaman acquired 2th5of his share from Amit. How much share did Chaman acquire from Beena?[1]2.Neetu, Meetu and Teetu were partners in a firm. On 1stJanuary, 2018, Meetu retired. On Meetu's retirement the goodwill of the firm was valued at `4,20,000. Pass necessary journal entry for the treatment of goodwill on Meetu's retirement.[1]3.Distinguish between 'Dissolution of partnership' and 'Dissolution of partnership firm' on the basis of settlement of assets and liabilities.[1]4.Ritesh and Hitesh are childhood friends. Ritesh is a consultant whereas Hitesh is an architect. They contributed equal amounts and purchased a building for `2 crores. After a year, they sold it for `3 crores and shared the profits equally. Are they doing the business in partnership? Give reason in support of your answer.[1]5.Is ‘Reserve Capital’ a part of ‘unsubscribed capital’ or ‘Uncalled Capital’?[1]6.Give the meaning of 'Debentures issued as Collateral Security'.[1]7.Jayant, Kartik and Leena were partners in a firm sharing profits and losses in the ratio of 5 : 2 : 3. Kartik died and Jayant and Leena decided to continue the business. Their gaining ratio was 2 : 3. Calculate the new profit sharing ratio of Jayant and Leela.[3]8.What is meant by a 'Share'? Give any two differences between 'Preference Shares' and 'Equity Shares'.[3]9.NK Ltd., a truck manufacturing company, is registered with an authorised capital of `1,00,00,000 divided into equity shares of `100 each. The subscribed and paid up capital of the company is `50,00,000. The company decided to open technical schools in the Jhalawar district of Rajasthan to train the specially abled children of the area. It is planning to provide them employment in its various production units and industries in the neighbourhood area. To meet the capital expenditure requirements of the project, the company offered 20,000 shares to the public for subscription. The shares were fully subscribed and paid. Present the share capital in the Balance Sheet of the company as per the provisions of Schedule III of the Companies Act, 2013. Also identify any two values that the company wants to communicate.[3]