UP Board Class 12 Accountancy Question Paper 2020

UPMSP Class 12 Accountancy Question Paper 2020

The Uttar Pradesh Madhyamik Shiksha Parishad (UPMSP), popularly known as the Board of High School and Intermediate Education Uttar Pradesh, administers the Class 12 Board Exams each year (BHSIEUP). The completion of higher education is recognized after the completion of UPMSP Class 12 Exams. They assist in the undergraduate admissions process for numerous universities and institutions.

The main subject for the Commerce stream of the UP Board’s 12th grade is Accountancy. Accountancy is essential for students who desire to take up a career in the trade industry. If students want to succeed in Class 12 Accountancy for the UP Board, they must plan and study for their board exams.  Students can prepare for their exams when they know the U.P. Board Exams’ format and marking criteria.

The 2020 Class 12 Accountancy UP Board Question Paper is available to students on  Extramarks website. The structure of the examination and its evaluation criteria are widely known. These exam questions were written using the format advised by the UPMSP Board. Exam practice questions let students evaluate their performance and level of preparation ahead of the exams. .

Besides the official website of UPMSP, the UP Board Class 12 Accountancy Question Paper 2020 is available on the official website of UPMSP and is also available on the Extramarks website.  Our website also offers UPMSP Sample Question Paper, UPMSP Previous Year Question Paper, UPMSP Syllabus and many other study materials. Extramarks believes in incorporating the best learning experiences through its own repository.To enjoy the maximum benefit of these resources, students just need to register themselves at Extramarks official website and stay ahead of the competition.

UPMSP Class 12 Accountancy Question Paper 2020

Students must be familiar with their previous year’s papers to perform well in exams. These papers were written in accordance with the latest syllabus and included the main concepts from each chapter. By comparing their preparation to the papers from the previous year, students can determine the courses that require slightly more effort and the ones which require a little less effort. Through Extramarks, students can access the UP Board Class 12 Accountancy Exam 2020.

UPMSP Class 12 Accountancy Question Paper 2020

About the Question Paper 

Accountancy & Bookkeeping is one of the main subjects in the Commerce stream. Candidates can achieve the highest marks by adhering to the preparation strategy and having strong problem-solving abilities. Only the paper is lengthy; the difficulty level of accountancy paper varies from easy to moderately difficult. As a result, in order to get high grades, students must stick to their study schedule and try to complete the entire syllabus before exams to revise sample papers.  You may consult Extramarks for well-structured sample papers for the Class 12th Exam in order to help applicants become familiar with the most recent exam format, course material, and marking methodology. The board sets the question papers for the 2021 board examination format much the same way. . Solving practice papers, sample papers, and previous year papers are essential for applicants taking the Class 12 board exams. This can greatly help you keep track of your readiness and make you aware of any areas that need further improvement.

Question Paper Pattern

There are three sections to the accounting question paper for the Class 12 Board Exam:

• Part A: Accounting for Partnership Firms, Companies, and Not-for-Profit Organisations.
• Part B: Financial Statement Analysis
• Part C: Project Work

The following are some major topics covered in the Question Papers:

• Characteristics of Index Numbers.
• Reconstitution of Partnership.
• Admission of a Partner, Retirement/Death of a partner.
• Change in Profit Sharing Ratio.
• Partnership Deed.
• Profit and Loss Appropriation Account.
• Past Adjustments and Guarantee of profits to a partner.
• Computation of Appropriation Items and Change Items.
• Maintenance of Capital Accounts of Partner.
• Valuation and Treatment of Goodwill.
• Introduction and New profit Sharing Ratio and Sacrificing Ratio.
• Treatment of Goodwill.
• Adjustment of Capital.
• Revaluation of Assets and Reassessment of liabilities.
• Reassessment of liabilities.
• Settlement of Amount Due to Retiring partner.
• Dissolution of Partnership.
• Accounting Treatment of Issue Shares.
• Issue and Redemption of Debentures.
• Financial Statements of a company.
• Tools of Financial Statements Analysis.
• Cash Flow Statement.

Advantages of UPMSP Class 12 Accountancy Question Paper 2020

One of the best strategies to ace the next Board Exam in 2021 is to refer to and solve UP Board Class 12 Previous Year Question Papers. Candidates taking the Class 12th Board exams should practise on the Past Year’s UP Board question papers to familiarise themselves with the anticipated exam format, difficulty level, time period, and marking scheme. .

The UP Board 12th Question Paper 2021 is typically created based on the exams from the previous year and the textbooks recommended by the UP Board. You can prepare for your higher secondary exam by downloading the most recent UP board 12th Class Accountancy sample papers, previous year question papers (PYQP), and model papers.

Importance of Board Exams

India’s educational systems, including primary and secondary, use a five-year curriculum. SSLC must be attained by the end of the secondary school’s academic year.

All students must have finished their formal education. Consider a student who decides to attend college after receiving their SSLC. In that case, they enrol in a course to help them prepare for a two-year university degree in their chosen specialisation. Pre-university is the term used to describe this course (PUC). A student may sign up for undergraduate programmes at a university after this semester.

After receiving their SSLC, students can enrol in an industrial training programme to acquire the specialised skills required for a technical career. The third option, which leads to an engineering degree, is a three-year polytechnic engineering diploma programme. After finishing SSLC, it is possible to enrol in vocational education courses. The Indian government currently mandates that SSLC graduates (or their equivalent) obtain passports for job considerations.

When India did not need birth or death registration, the SSLC certificate served as the primary form of identification. Anyone born before 1989 may still utilise a valid birth certificate to produce civil paperwork, including passports, according to the MEA website for the Indian Civil Authorities.

Approach To Solving UPMSP Class 12 Accountancy Question Paper 2020

• Conceptual clarity: Students studying Commerce in the 12th grade have Accounting as the main subject. Make sure you understand the material completely when studying for the exam. Students who are thinking about a career in Trade should therefore pay more attention. Rather than just memorising the key concepts and information, grasp in-depth knowledge and understanding of the subject. 
• Use acronyms and mnemonic devices to help you remember Accountancy terminology and other crucial concepts. Your grade will improve significantly if you correctly use this strategy in your answers.
• Before starting the UP Board Biology Class 12 Question Papers, finish all required readings and revise the entire syllabus as soon as possible. The UP Board also provides exam practice questions. If you finish practice examinations and question papers from previous years, your confidence will increase, and your ability to judge how well you are prepared will improve. It also makes “Time Management” easier which is one of the crucial aspects of students taking board exams.
• Statements and balance sheets are frequently used in Accountancy textbook topics. Make sure to put a lot of practice into labelling and preparing them thoroughly.
• The UP Board uses the NCERT curriculum. The examination was based on the NCERT textbook. If you want to do well in the MCQ section, take notes while carefully studying the NCERT Textbook. You might use different reference books for more practice.
• Questions with one or two marks are referred to as short answers.  Go through the keywords, and definitions from the NCERT textbook to be confident in it. 
• Longer answers to questions are worth five marks.  Read the instructions regarding the number of words to explain your answer. . As you group your answers into points, carefully underline the keywords and subheadings. Exceeding the word limit may not fetch you more marks, write concise answers and address the question properly.
• Provide answers to each question in accordance with the guidelines given. Eliminate any unnecessary information to make the answers bogus. . But be sure to stick to the word limit.
•  It’s good to be aware of the fact that the exam format and substance may change due to the COVID-19 pandemic. . To keep abreast of the latest changes, visit the UP Board’s official website.

Benefits Of Solving UPMSP Class 12 Accountancy Question Paper 2020

The following are the advantages of solving the UPMSP Class 12 Accountancy Question Paper 2020:

• Taking the mock exam for the 12th grade that the UP Board gives will give students an idea of the exam question paper pattern and a sample of the questions that could be expected in the exam. .
• Students can get exam practice questions to determine whether they are prepared for the UPMSP 12th-grade board exam. They will have ample time to focus on the areas that require development.
• The UP board question papers for the 12th grade include the majority of exam questions. The UP Board Exam would subsequently accept a sample exam or the exam from the previous year.
• By studying and practising the UP Board Past Years’ Exams, students will be able to comprehend the key concepts of the Class 12 syllabus and reinforce those concepts and ideas to ace the exam.
• Students should aim to finish the UP Board 12th question papers within the allotted time in order to manage their time well throughout the exam.
• If you go through the study resources you used to be ready for your board examinations, your performance in Class 12 will definitely improve. Therefore, students must revise the past years papers after completing their syllabus to be absolutely confident of their preparation and get 100% result in their exams. 

How To Go About Solving UPMSP Class 12 Accountancy Question Paper 2020

Before taking the board exam, students must be familiar with the format and weightage of the Class 12 Accountancy Exam. It would be beneficial if you first understand the syllabus before preparing for the Mock Class 12 Accountancy Exam of the Uttar Pradesh Board. By rehearsing these exam questions, students can improve their weak points. Students can comprehend each subject and the exam questions by consistently taking practice exams to assess their preparedness for the exam.

It is unnecessary to arrive at an answer using any particular approach to pass the MCQs section. There is only one right solution for each question, which must be proven. Before submitting an MCQ, students may still need to give their answers some serious thought, even in the rare cases where the questions are written in simple  English. If students wish to ace the MCQs, they should stick to their Accountancy Textbooks rather than relying on other study materials.

One or two lines should be all that is required for a brief answer. Answers must be short and precise. The key objective is to address the question completely. These questions demand a more comprehensive answer. Before answering, make sure you’ve read the entire question paper. . Long answers may have subheadings, and each one requires a different answer.Therefore read carefully and then answer the questions.

Before moving on to easier topics, it is necessary to cover all challenging ones. Students should have adequate time to study and prepare if they want to ace the Class 12 Accountancy UP Board Exams.

Where can students find UPMSP Class 12 Accountancy Question Paper 2020?

Students can access Past Year Papers and UP Board Solved Board Papers on Extramarks website. Thanks to these papers, you will gain the additional benefit of being able to familiarise yourself with the syllabus and exam format thoroughly.  A collection of solved question papers is an essential part of exam preparation because it helps candidates understand the types of questions on the exam and serves as the best revision technique to ace the exams.

The board has designed the question format for the UP Board sample papers for Business Studies, Accountancy, Economics, Mathematics 1 and Mathematics 2 to help students do better in competitive exams. You will have access to the Accountancy 12th Board Model Question Paper 2021 and other subjects to crack the exams with flying colours. .

In order to become familiar with the types of questions that will be asked on the final exam and perform well in the exam, students taking the UP Board exams should diligently study and frequently complete practise papers and previous year’s question papers to get excellent results.

Register with Extramarks to receive the PYQP solved sample papers, guess papers, exam syllabus, exam pattern, UP board question papers, and other relevant material on the UP Board exam, along with all the most recent updates and crucial alerts.

The UPMSP Question Paper 2021 must be studied by students. Once you have finished the curriculum, you can begin practising these papers. Additionally, we advise those taking the 12th Board Exam to confirm the timing of their Higher Secondary (HSC) exam in 2021. As a result, acquire the UP 12th Accountancy Previous Paper Question Paper and the solutions from the Extramarks official website to begin your preparation without any further delay.