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Bihar Board Class 12 Accountancy Model Paper: BSEB exams for 2024 have begun for Class 12 students. As per the released official datesheet, the Class 12 Accountancy exam is scheduled to be on February 10, 2024, in the 1st shift. As only a few days are left until the final exam, it becomes crucial for students to revise all chapters thoroughly and practice a sufficient number of questions. Thus, students are advised to practice model papers to get an idea of the exam pattern and marking scheme.

Model papers are considered an important resource for last-minute revision, as through solving model papers, students can not only develop an efficient time management strategy for the final exam but can also identify their areas of strength and weakness.

In this article, we have provided the latest model paper for BSEB Class 12 Accountancy. Students can also check the last-minute revision tips for performing at their best in the final exam.

Bihar Board Class 12 Accountancy Model Paper 2024

BSEB Class 12 students of Accountancy can get here the latest model paper for class 12 Accountancy.  

Subject: Accountancy 

Subject Code: 220

Time :- 3 Hours 15 minutes

Total Marks – 100

Instructions for the Candidates :-

  • The question booklet is divided into two sections : Section-A and Section-B.
  • In Section-A, there are 100 objective type questions, out of which any 35 questions are to be answered. If more than 50 questions are answered, then only the first 35 will be evaluated. Each question carries 1 mark. For answering these, darken the circle with a blue /black ball pen against the correct option on the OMR Answer Sheet provided to you. Do not use Whitener/liquid / blade / nail etc., on the OMR Answer Sheet, otherwise the result will be treated invalid.
  • In Section-B, there are 30 Short answer type questions, each carries 2 marks, out of which any 15 questions are to be answered. Apart from these, there are 8 long answer type questions, each carrying 5 marks, out of which 4 questions are to be answered.
  • Use of any type of electronic appliance is strictly prohibited.

Section-A (Objective Type Questions)

Q.1.Income and expenses related to the prize fund is shown in :- 

(A) Income and expenditure A/C

(B) Asset side of the Balance-sheet 

(C) Liability side of the Balance-sheet 

(D) Cash Account

Q.2. Income and Expenditure Account records transaction of :- 

(A) Capital Nature 

(B) Revenue Nature 

(C) (A) and (B) both 

(D) None of these

Q.3. Which of the following is not an Income ? 

(A) Subscription 

(B) Donation 

(C) Sale of ticket 

(D) Endowment Fund 

Q.4.In the “not-for-profit organisation”, excess of expenditure over income is called : – 

(A) Loss 

(B) Profit

(C) Deficit 

(D) Surplus

Q.5. Which of the following is not a not for profit organization? 

(A) College 

(B) Sports Club 

(C) Maruti Udyog 

(D) Hospital

Q.6. All items of Revenue nature are shown in :- 

(A) Income & Expenditure A/C 

(B) Balance-sheet 

(C) (A) and (B) both 

(D) None of these 

Q.7. Subscriptions received in advance by a club are shown on which side of the Balance-sheet ? 

(A) Assets Side 

(B) Liabilities Side 

(C) Debit Side 

(D) Credit Side

Q.8. Balance of Income and Expenditure Account shows : – 

(A) Cash in hand 

(B) Capital fund 

(C) Net-profit 

(D) Surplus/Deficit

View and download the complete PDF of BSEB Class 12 Accountancy Model Paper using the direct link given below: 

Last-Minute Revision Tips for the BSEB Class 12 Accountancy Board Exam 2024

Students appearing for the BSEB Class 12 Accountancy exam in 2024 can check here for some tips for last-minute revision.

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