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Will you please provide me solved Question paper of Maharashtra H.S.C Board for Commerce - Economics??? Maharashtra Board was set up in the year 1965 and since then the board has earned huge amount of respect. The economic paper is one of the toughest papers in the Commerce section Marks distribution: -The paper is of 100 marks -There are 20 marks objective questions and 16 marks short questions which are of 2 marks each. -The subjective part has four questions of 16 marks each and is composed of 2 set of long questions and 2 set of very long questions. ![]() ![]() ![]() ![]() ![]() Last edited by Aakashd; May 18th, 2019 at 08:03 PM. |
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As you want here I am sharing Maharashtra HSC Board solved Commerce Question Papers with you : Maharashtra HSC Board solved Commerce Question Papers Q.1. Attempt any THREE of the following sub-questions: [15] (A) Answer the following questions in only one sentence each: (5) (1) What is trial balance? (2) What is entrance fees? (3) What is qualified acceptance? (4) When is gain ratio required to be calculated? (5) What is the formula for calculating gross profit ratio? (B) Write a word/term/phrase as a substitute for each of the following statements: (5) (1) The assets which are not recorded in the books of accounts. (2) The excess of total assets over total liabilities. (3) The person in whose favour the bill is transferred. (4) The proportion in which the continuing partners are benefitted due to retirement of a partner. (5) The system of accounting normally suitable for a small business organization. (C) Select the most appropriate alternative from those given below and rewrite the statements: (5) (1) When shares are forfeited, share capital account is _______. (A) debited (B) credited (C) adjusted (D) none of these (2) A bill is drawn on 23rd October, 2016 payable after 3 months, the due date of the bill will be _______. (A) 25th January, 2017 (B) 26th January, 2017 (C) 24th January, 2017 (D) 25th January, 2016 (3) The capital balances are ascertained by preparing _______. (A) Statement of Affairs (B) Cash Account (C) Drawings Account (D) Debtors Account (4) If any unrecorded liability is paid on dissolution of the firm, _______ is debited. (A) Cash/Bank Account (B) Realization Account (C) Partners Capital Account (D) Partners Loan Account (5) Return outwards are deducted from _______. (A) purchases (B) sales (C) capital (D) debtors (D) State whether the following statements are True or False: (5) (1) Closing stock is always valued at market price. (2) Retirement of bill means payment of the bill before due date. (3) Share forfeited balance is transferred to Capital Reserve Account. (4) Gross profit depends upon net sales. (5) The inland bill which is drawn and payable in the same country. Maharashtra HSC Board solved Commerce Question Papers ![]() ![]() ![]() ![]()
__________________ Answered By StudyChaCha Member Last edited by shabnams; January 22nd, 2019 at 04:41 PM. |