CBSE Class 12 2023 Business Administration Question Paper Set 4 - 357 with Answer Key pdf is available for download here. The exam was conducted by Central Board of Secondary Education on March 25, 2023. The question paper comprised a total of 24 questions divided among 2 sections.
| CBSE Official PDF | CD PDF | CD PDF with Solutions |
|---|---|---|
| Download official PDF 3.70 MB | Download Collegedunia PDF 0.24 MB | – |
An electron is revolving around a proton in a circular orbit of radius $r$. Using classical physics, prove that the ratio of value of the angular momentum and the value of magnetic moment of electron revolving in the orbit is a constant.
Anuj, Divij and Shilpa were partners in a firm sharing profits and losses in the ratio of 2:1:2. Their Balance Sheet as at 31st March, 2023 was as follows:
Balance Sheet of Anuj, Divij and Shilpa as at 31st March, 2023
| Liabilities | Amount (Rs) | Assets | Amount (Rs) |
|---|---|---|---|
| Capitals: | Land & Building | 8,00,000 | |
| Anuj 3,00,000 | Furniture | 2,40,000 | |
| Divij 4,00,000 | Stock | 1,20,000 | |
| Shilpa 5,00,000 | 12,00,000 | Debtors | 1,70,000 |
| Bills Payable | 60,000 | Cash | 50,000 |
| Creditors | 1,20,000 | ||
| 13,80,000 | 13,80,000 |
Anuj retired on the above date on the following terms:
(i) Anuj's share of goodwill was valued at Rs 90,000 and the same was to be treated without opening goodwill account.
(ii) Revaluation of assets and reassessment of liabilities resulted in a gain of Rs 25,000.
(iii) Amount due to Anuj was transferred to his loan account, to be paid in two equal yearly instalments plus interest @ 12% p.a. on the unpaid balance starting from 31st March, 2024.
Prepare Partners' Capital Accounts and Anuj's Loan Account till it is fully discharged.
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