List of top Accountancy Questions asked in PSEB XII

Which chart is also known as scatter chart?
One or more cells selected is called:
Write any four limitations of Cash Flow Statement.
Command of __________ in Tally is used to delete a voucher. (Alt+D/Alt+C)
__________ is not a feature of computer. (Accuracy/Intelligence)
PMT Method is used to prepare ________ (Payroll statement/Loan repayment statement)
Write any four differences between Share and Debenture.
Give any two differences between Calls in Arrears and Calls in Advance.
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.
Write any two limitations of financial statements.
What are Convertible and Non-convertible Debentures?
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?
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?
Explain redemption of debentures by draw of lots.
Debenture holders are entitled to get __________. (dividend/interest)
For whom, analysis of financial statements is not significant?
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?
Cash Flow Statement is prepared on the basis of __________ issued by Institute of Chartered Accountants of India. (AS-3/AS-3 Revised)
Horizontal analysis is also known as __________ analysis. (static/dynamic)
What are the rules applicable in absence of partnership deed?
What adjustments are required to be made at the time of retirement of a partner?
Write any two differences between Fixed Capital Accounts and Fluctuating Capital Accounts.
Why are Reserves and Surplus distributed at the time of reconstitution of the firm?