Central Board of Secondary Education
Class – XII (Year 2011)
Subject – Accountancy - (SET - 1)
(i) All questions are compulsory.
(ii) Marks for each question are indicated against it.
(iii) Use of Calculators is not permitted.
- What is the basis for preparing Receipt and Payment Account ?
- State meaning of sacrificing ration.
- Give the meaning of 'Issue of Debentures as a collateral security'?