List of top Questions asked in CBSE CLASS XII- 2026

Which of the following is not a feature of Tailored accounting software?
When an arithmetic expression or function is executed, the value produced is known as:
From the following information obtained from the books of 'Sawera Ltd.', calculate Cash from Operations:
Net Profit for the year ended 31st March, 2025 after charging depreciation of Rs.80,000 and after writing off goodwill Rs.2,000 was Rs.5,40,000.
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From the following information obtained from the books of 'Ajanta Ltd.', calculate Cash from Operations: Net Profit for the year ended 31st March, 2025 after charging depreciation of ₹ 80,000 and after writing off goodwill ₹ 10,500 was ₹ 4,90,000. Additional Information:
The following information was extracted from the Statement of Profit and Loss of Chaman Ltd. for the year ended 31st March, 2025:
Prepare a Comparative Statement of Profit and Loss.
From the following information, calculate 'Proprietary Ratio' and 'Debt-to-Equity Ratio':
Rao Ltd. forfeited 750 equity shares of ₹ 10 each for non-payment of first call of ₹ 3 per share (including premium of ₹ 1 per share). The second and final call of ₹ 3 per share was not yet made. Of the forfeited shares, 500 were re-issued for ₹ 2,500, ₹ 7 per share paid-up. Pass necessary journal entries for the above transactions in the books of Rao Ltd.
Lily Ltd. forfeited 2,000 equity shares of ₹ 10 each for non-payment of first and final call of ₹ 2 per share. 750 of the forfeited shares were reissued to Ashok for ₹ 10,000 as fully paid-up. The remaining shares were reissued to Sudha at ₹ 9 per share fully paid-up. Pass necessary journal entries for the above transactions in the books of Lily Ltd.
Namita, Narendra and Kunwar were partners in a firm sharing profits and losses in the ratio of 3 : 1 : 1. The firm closes its books on 31st March every year. Kunwar died on 30th September, 2025. His share in the profits of the firm from 1st April, 2025 to 30th September, 2025 was calculated as per the provisions of the partnership deed which amounted to ₹ 15,600. On the date of Kunwar's death, the Balance Sheet of the firm showed General Reserve of ₹ 40,000 and Profit and Loss Account (Dr.) ₹ 80,000. Pass necessary journal entries on Kunwar's death in the books of the firm.
Anita, Gaurav and Suresh were partners in a firm sharing profits and losses in the ratio of 4 : 3 : 3. On 1st April, 2025, Gaurav retired. On the date of Gaurav's retirement, there existed a balance of ₹ 1,50,000 in Workmen's Compensation Fund. Pass the necessary journal entries for treatment of Workmen's Compensation Fund on Gaurav's retirement in each of the following cases: (i) Claim on account of Workmen's Compensation was estimated at ₹ 2,00,000. (ii) Claim on account of Workmen's Compensation was estimated at ₹ 1,20,000. (iii) Claim on account of Workmen's Compensation was estimated at ₹ 1,50,000.
Pass necessary journal entries for issue of debentures for the following transactions: (i) AS Ltd. issued 60,000, 9% Debentures of ₹ 100 each at a premium of 10%, redeemable at a premium of 5%. (ii) WS Ltd. issued 30,000, 9% Debentures of ₹ 100 each at par, redeemable at a premium of 10%.
Jain and Gupta were partners in a firm sharing profits and losses in the ratio of 3 : 1. On 1st April, 2024, Agarwal was admitted as a new partner for 1/5th share in the profits of the firm with a minimum guaranteed amount of ₹ 75,000. Any deficiency arising out of this account will be borne by Jain and Gupta in the ratio of 1 : 3. During the year ended 31st March, 2025, the firm earned a net profit of ₹ 3,00,000. Prepare Profit and Loss Appropriation Account of Jain, Gupta and Agarwal for the year ended 31st March, 2025.
Annu, Bandhu, Sheelu and Golu were partners in a firm sharing profits and losses in the ratio of 4 : 3 : 2 : 1. On 1st April, 2025, they decided to share the future profits equally. For this purpose the goodwill of the firm was valued at ₹ 4,00,000. Calculate gain or sacrifice of the partners on change in profit sharing ratio and pass a single adjustment journal entry for the treatment of goodwill.
Ajanta Ltd. invited applications for issuing 30,000 equity shares of ₹ 10 each at a premium of ₹ 5 per share. The amount was payable as follows: On Application and Allotment – ₹ 10 per share (including premium)
On first and final call – Balance Applications for 50,000 shares were received. Applications for 10,000 shares were rejected and their application money was refunded. Pro-rata allotment was made to the remaining applicants. Excess money received with application was adjusted towards sums due on first and final call. Sonu, an applicant of 4,000 shares, paid his entire share money with application. Vedika, to whom 300 shares were allotted, failed to pay the first and final call. After giving her the mandatory notice, her shares were forfeited. Pass necessary journal entries for the above transactions in the books of Ajanta Ltd.
Kiara Ltd. purchased assets worth ₹ 12,40,000 and took over liabilities of ₹ 3,40,000 of Amrex Ltd. for a purchase consideration of ₹ 11,00,000. Kiara Ltd. paid half the amount by cheque. The balance amount was settled by issuing 9% debentures of ₹ 100 each at a premium of 10%.
Pass necessary journal entries for the above transactions in the books of Kiara Ltd.
On 1st April, 2024, Zara Ltd. issued 8,000, 9% Debentures of ₹ 100 each at a discount of 10%. The company had a balance of ₹ 50,000 in the Securities Premium Account on the same date.
Pass necessary journal entries for the issue of debentures and to write off discount on issue of debentures.
Aastha, Diya and Mohit were partners in a firm sharing profits and losses in the ratio of 5 : 3 : 2. On 31st March, 2025 their Balance Sheet was as follows: Balance Sheet of Aastha, Diya and Mohit as at 31st March, 2025
Aastha retired from the firm on the above date on the following terms:
  • [(i)] Goodwill of the firm was valued at ₹ 2,00,000 and the same was to be treated without opening goodwill account.
  • [(ii)] Revaluation of assets and reassessment of liabilities resulted in a loss of ₹ 60,000.
  • [(iii)] Amount payable to Aastha was transferred to her loan account.
Pass necessary journal entries for goodwill, general reserve and revaluation of assets and reassessment of liabilities on Aastha's retirement.
Briefly explain talent selection and talent transfer in the process of talent identification and talent development.
How can Mind Mapping help a design team during the Ideation phase?
What is a User Journey Map, and how does it help identify "pain points" for a consumer?
How do the Sustainable Development Goals (SDGs) act as a roadmap for modern innovators?
Differentiate between User Interface (UI) and User Experience (UX) in the context of mobile app design.
Why is Empathy considered the foundation of Human-Centric Design (HCD)?
Define the Point of View (POV) statement and explain its role in the ‘Define’ stage of design thinking.
What are the advantages of media convergence, and how has the internet changed the traditional mass communication model?