ISC Class 12 Accountancy Question Paper 2020

Accountancy is a major subject in the career of the commerce students. The students strive very hard to score good marks in this important paper. They study the paper with various Accountancy books, learning and revising the chapter, solving various model test papers and so forth. The students should solve the previous year question papers as this will help the students to study the subject more methodically with sufficient practice.

The board judges the performance of the students in their Class 12 examination. Hence, they make the question paper accordingly. For this, the students must understand the type and pattern of question paper prepared by the board to score good marks in the exam. The students complain about the complexities of this subject. Hence, we ensure the total preparation of the students by providing this question previous year question paper. Students must include solving this previous year question paper of 2020 at the time of their revision for the upcoming HS exams. 

We will further analyse the Accountancy question paper of 2020, set by the ISC board.

Question Paper Pattern

1. The question paper has 2 sections.

2. In Section A – There are questions from 1 to 9, they are both brief as well as major questions, marks ranging from 4 to 12.

3. In Section B – there are both optional and mandatory questions ranging from 4 to 12 marks again.

Study Checklist

1. Students should be conceptually clear about each chapter in the Accountancy. 

2. They must practise the sums regularly from various solution papers. 

3. The students should refer to the previous year question papers, and other model test papers to solve the numerical. 

4. The students should also practice the sums with limited time to gain speed in solving the sums. 

5. They should also revise the sums and chapters.

6. With the revision of the chapters, they should also take up the solution of the previous year question papers.

7. If they face any difficulty with the solution, they should consult the same with Vedantu’s teachers or mentors. 

Preparation Checklist

1. A confident and willful mentality is required to be maintained by the students before appearing for their HS exams. 

2. The students must know the Question Pattern thoroughly so that they can gather confidence, like one mentioned here in 2020.

3. The practice is required in Accountancy, to be confident in solving any type of questions with any type of pattern in the examination hall.

4. The students should test themselves in solving the question and judge their competence with the answers given in the guidebook.

The 2020 Question Paper for the ISC Class 12 Accountancy is Available for a Free Download at Vedantu.

Accountancy is one of the most important subjects for the students of the commerce stream. The subject of Accountancy teaches the students the fundamentals of Accounting, which is going to help their future endeavours in the field of Accounting.

Now, to master the subject of Accounts for Class 12 of ISC students are required to do as much practice as possible, because Accountancy is a practical subject. But also, it does not in any sense mean that there is no need for the theory in the Accounts. As a matter of fact, it is the theory which students are supposed to implement practically while solving the questions of Accountancy.

Therefore, after going through all the theories of the subject, practice becomes the most important aspect of the subject, and hence Vedantu provides the complete question paper for the Class 12 Accountancy ISC 2020.

Advantages of Solving Question Paper for Accountancy 2020.

For the subject of Accountancy practice is a must. Students are required to solve as many questions of the chapters as possible because Accounts require speed and accuracy, these two things only come with practice. But solving only the questions of the exercise which is given at the end of each of the chapters is not going to help you. Well, it is one hundred percent important to solve those questions without a miss, but the point is that exam questions come from all the chapters at once.

Therefore, students must have good practice of switching between the chapters in the exam. So, let's look at it in this way, while solving the questions from the exercise, say for instance, “Ratio Analysis”, you are solving the questions from that chapter only, and you already know it. But in the exam all the questions come in a different order, for instance, one question is from “Ratio analysis”, and the next may come from “Joint stocks company Accounts”, so students of ISC Class 12 have to switch between these two chapters.

Therefore, students are required to have that type of practice already, and the question paper that Vedantu provides for the ISC Class 12 Accountancy provides that type of practice. In a nutshell, solving the question papers helps the students in the following manner:

• It helps the students in understanding the exam pattern.

• It helps the students from the anxiety of the exam.

• It boosts the confidence of the students for the exam.

• It helps the students in measuring their understanding of Accountancy, and then to improve accordingly.

Also, if you are looking for the commerce question paper for the ISC Class 12, you can find it here: ISC Class 12 Commerce Question Paper 2019 Vedantu

Question Pattern of the ISC Class 12, 2020 Accountancy Question Paper

The maximum marks for the exam are 80, and the question paper has to be solved in 3 hours. The question paper is divided into three sections, which are section A, Section B, and Section C.

Section A has a total of 8 questions which are divided into two parts. All the questions from part 1 are compulsory while for part 2, students are required to solve only 4 questions.

In section B, the student is given three questions. And in section C, again 3 questions are given. From these two sections, students are required to answer only two questions either from section B, or section C.

Overview of the Question Paper of the ISC Class 12, 2020, Accountancy.

Section A

• The first question is theoretical questions, which students are required to answer briefly.

• Question 2 requires the students to calculate goodwill, and from the retirement of the partner.

• Question 3 is from the joint-stock Accounts.

• Question 4 and 5 requires the students to pass journal entries.

• Question 6 requires the students to make a profit and loss appropriation account, and Partner’s Capital Accounts.

• Question 7 requires the students to prepare a Balance Sheet and pass Journal Entry.

• Question 8 requires the students to show relevant items.
  

Section B

• Question 9 has three questions A, B, and C 7 marks for each question.

• Question 10 requires the students to prepare a cash flow statement.

• Question 11 is from Ratio and Analysis.
  

Section C

• The three questions in this section are from the spreadsheet.