CBSE Class 12 Question Paper 2014 (Available): Check Previous Year Question Paper with Solution PDF (2023-2012)

CBSE CLASS XII 2014 Questions

• 1.

  If \[ A = \begin{bmatrix} 1 & 2 & 0 \\ -2 & -1 & -2 \\ 0 & -1 & 1 \end{bmatrix} \] then find \( A^{-1} \). Hence, solve the system of linear equations: \[ x - 2y = 10, \] \[ 2x - y - z = 8, \] \[ -2y + z = 7. \]

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• 2.

  Your school will be conducting the annual ‘Student Council Elections’. As school Director, write a notice informing students of the same. Remember to include eligibility, last date of form submission and details of the election procedure. Put your notice in a box.

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• 3.

  On $31^{\text {st }}$ March, 2024, following is the Balance Sheet of Bhavik Limited :

  Bhavik Ltd.

  Balance Sheet as at $31^{\text {st }}$ March 2024

  I. Equity and Liabilities :

  Particulars	Note No.	$31-3-2024$ (₹)	$31-3-2023$ (₹)
  1. Shareholders funds
  (a) Share Capital		12,00,000	10,00,000
  (b) Reserves and Surplus	1	4,00,000	3,00,000
  2. Non-current liabilities
  Long-term borrowings	2	6,00,000	10,00,000
  3. Current Liabilities		5,00,000	1,00,000
  (a) Trade Payables	3	3,00,000	4,00,000
  (b) Short-term provisions
  Total		30,00,000	28,00,000

  II. Assets :

  1. Non-current Assets
  (a) Property, Plant and Equipment and Intangible Assets
  Property plant and equipment	4	19,00,000	15,00,000
  (b) Non-current Investments		3,00,000	4,00,000
  2. Current Assets
  (a) Inventories		4,50,000	3,50,000
  (b) Trade Receivables		2,50,000	4,50,000
  (c) Cash and Cash Equivalents		1,00,000	1,00,000
  Total		30,00,000	28,00,000

  Notes to Accounts :

  Note	Particulars	$31-3-2024$ (₹)	$31-3-2023$ (₹)
  No.
  1.	Reserves and Surplus i.e. Balance in Statement of Profit and Loss	4,00,000	3,00,000
  2.	Long-term borrowings
  	10% Debentures	6,00,000	10,00,000
  3.	Short-term provisions
  	Provision for tax	3,00,000	4,00,000
  4.	Property plant and equipment
  	Plant and Machinery	21,50,000	16,00,000
  	Less : Accumulated Depreciation	2,50,000	1,00,000
  	19,00,000	15,00,000

  Additional Information :

  • During the year, a piece of machinery costing ₹ 8,00,000 with accumulated depreciation of ₹ 50,000 was sold for ₹ 6,50,000.
  • Debentures were redeemed on $31^{\text {st }}$ March, 2024.

  Calculate :

  1. Cash flows from Investing Activities
  2. Cash flows from Financing Activities

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• 4.

  Why does Charley say, “He (Sam) certainly can’t go back to his old business”? (The Third Level)

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• 5.

  Abhay and Sujoy entered into partnership on 1st April, 2024 with capitals of \u20b9 80,00,000 and \u20b9 60,00,000 respectively. The partners decided to share profits in the ratio of their capital contribution. They withdrew \u20b9 6,00,000 and \u20b9 4,00,000 respectively during the year. The partners were charged interest on drawings @ 10% per annum as per the provisions of the partnership deed. Abhay\u2019s share of profit was guaranteed by Sujoy at a minimum of \u20b9 3,50,000 per annum. The profit of the firm for the year ended 31st March, 2024 amounted to \u20b9 6,50,000. Prepare Profit and Loss Appropriation Account of the firm for the year ended 31st March, 2024.

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