List of top Accountancy Questions asked in MPBSE Class XII Board

Write the main head and subhead of following items : (i) Creditors
 (ii) Patent
 (iii) Stock 

Find out current ratio from the following: 
Bank Overdraft ₹ 2,00,000,       Cash ₹ 1,50,000,        Outstanding expenses ₹ 1,00,000,       Stock ₹ 1,50,000

Describe the provisions applicable in the absence of partnership deed on the following basis: (i) Profit - Loss distribution (ii) Remuneration (of partners) (iii) Interest on loan given by a partner (iv) Interest on drawings
What is partnership deed? Explain.
Pass journal entries for the revaluation of the following:
(i) Value of building increased by ₹ 40,000.
(ii) Value of stock decreased by ₹ 10,000.
(iii) Creditors are reduced by ₹ 5,000.
Write any two objectives of accounting ratios.
Write any two benefits of accounting ratios.
Find out Gross Profit Ratio from the following:
Revenue from Operations = ₹ 1,00,000
Cost of Revenue from Operations = ₹ 65,000
Write any two limitations of financial statements.
Write any two characteristics of financial statements.