TSBSE Class 12 Commerce Question Paper 2019

Key Features of The TSBSE Commerce Exam 2019

Class 12 Commerce Paper is of two parts, namely, Part-A and B.

Part-A is the theoretical part carrying 80 marks, and Part-B is of 20 marks. 

It is divided into seven sections, namely, A, B, C, D, E, F, and G. 

Let’s look at the weightage of each section:

Part - A

Part- B - Calculation Part

Solved Class 12 Commerce Question Paper 2019

Our highly-experienced faculties have solved some important questions to help you understand the types of questions that may appear in the upcoming board exams.

Q1: Calculate the Depreciation Under the SLM (straight-Line Method) from the Following Data

A man purchased a second-hand washing machine for Rs. 98,000 and spent Rs. 30,000 on its repairing and installation. Its estimated useful life is 5 years. After 5 years, its estimated residual value is Rs. 76,000.

Solution: 

Given:- Cost of washing machine = Rs. 98,000 + Rs. 30,000 = Rs. 1,28,000

Scrap Value of machine = Rs. 76,000

We know that Amount of depreciation = (Cost of the machine - Scrap value of machine)/(Life in years)….(a)

Now, putting the values in equation (a), we get,

= (1,28,000 - 76,000)/5= 10,4000

2. The Rate of Depreciation is given by

(Amount of depreciation/Cost of machine) x 100 

Rate of depreciation of a washing machine = (10,400/1,28,000) x 100 = 8.125%

Q2: Manoj and Dheeraj Are Partners Sharing Profits/losses in the Ratio of 2:1. Chirag is Admitted for 1/6th Share. Manoj and Dheeraj Decide to Share Equally in the Future.

Solutions: 

Remaining share = 1 - Chirag’s share 

= 1 - 1/6 = 5/6 

Since Manoj and Dheeraj will share equally, so their ratio is 1:1

Now, we have the following result:

Now, the profit-sharing ratio between Manoj, Dheeraj, and Chirag become: 

1/3: 1/6: 1/6 = 2:1: 1

Q3: Write the Categories of Share Capital.

Ans: 

Share capital is part of the Capital of a company that comes from shares.

Share Capital of a company/firm is categorized into the following:

1. Registered capital or Authorized or Nominal Capital

2. Issued Capital

3. Subscribed Capital

4. Called-up Capital

5. Uncalled Capital

6. Paid-up Capital

7. Reserve Capital

Q4: What Do You Mean by a Single Entry System?

Ans: 

•  The single entry system of accounting is a form of bookkeeping. 

• It is a simple approach in which the company’s financial transactions are recorded as a single entry in a log. 

• This record focuses on the results of the business enterprise, which is visible in the statement of income of the company.

• A single entry system is an incomplete or unscientific method of recording transactions because, in this type of system, users merely record the date, amount, and name of each transaction.

Salient Features of Solved TSBSE Commerce PYQP By Vedantu

The advantages of going through the TSBSE Commerce solved papers are given below:

1. The papers solved by our subject experts help students in continuous practice.

2. Papers cover all the topics of the syllabus.

3. Previous years’ question papers prepared by our subject experts are well-formulated to make students confident in their preparation.

4. Our subject experts consistently update the solutions as per the latest TSBSE syllabus.

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