List of top Questions asked in PSEB XII- 2025

Write any four limitations of Cash Flow Statement.

Write any four differences between Share and Debenture.

__________ is not a feature of computer. (Accuracy/Intelligence)

Command of __________ in Tally is used to delete a voucher. (Alt+D/Alt+C)

PMT Method is used to prepare ________ (Payroll statement/Loan repayment statement)

One or more cells selected is called:

A firm has a current ratio of 3.5 : 1 and a quick ratio of 2 : 1. Assuming inventory at ₹96,000, find out total current assets and total current liabilities.

Give any two differences between Calls in Arrears and Calls in Advance.

What are Convertible and Non-convertible Debentures?

Write any two limitations of financial statements.

A company purchased machinery for ₹18,00,000 and in consideration issued shares at 20% premium. What will be the face value of shares issued?

For whom, analysis of financial statements is not significant?

What is Capital Reserve?

Explain redemption of debentures by draw of lots.

Harsh Ltd., a financing company, obtained loans and advances of ₹10,00,000 for the year @ 12% per annum. In which activity will it be included while preparing the Cash Flow Statement?

Debenture holders are entitled to get __________. (dividend/interest)

Horizontal analysis is also known as __________ analysis. (static/dynamic)

Cash Flow Statement is prepared on the basis of __________ issued by Institute of Chartered Accountants of India. (AS-3/AS-3 Revised)

A company purchased machinery for ₹18,00,000 and in consideration issued shares at 20% premium. What will be the face value of shares issued?

For whom, analysis of financial statements is not significant?

Write any two differences between Fixed Capital Accounts and Fluctuating Capital Accounts.

Write any two factors affecting Goodwill.

Why are Reserves and Surplus distributed at the time of reconstitution of the firm?

How can a partner retire from the firm?

What are the rules applicable in absence of partnership deed?