Board of Secondary Education, Madhya Pradesh, Bhopal
Higher Secondary Examination Session 2026-27
Marking Scheme (अंक योजना)
Class: 12th
Subject: Accountancy (लेखाशास्त्र)
Maximum Marks: 80
Time: 3:00 Hours
| S.No. | Prescribed Parts, Chapters & Core Framework | Allocated Marks |
|---|---|---|
| PART-1: Partnership Accounting (साझेदारी लेखांकन) | ||
| 1 | Chapter 1: Partnership Accounts – Basic Concepts Nature of partnership, Partnership Deed, special aspects of partnership accounts, maintenance of capital accounts of partners, distribution of profit among partners, guarantee of profit to a partner, past adjustments. | 12 |
| 2 | Chapter 2: Reconstitution of a Partnership Firm – Admission of a Partner Modes of reconstitution of a partnership firm, admission of a new partner, new profit sharing ratio, sacrificing ratio, goodwill, adjustment for accumulated profits and losses, revaluation of assets and reassessment of liabilities, adjustment of capitals, change in profit sharing ratio among existing partners. | 12 |
| 3 | Chapter 3: Reconstitution of a Partnership Firm – Retirement / Death of a Partner Ascertaining the amount due to retiring/deceased partner, new profit sharing ratio, gaining ratio, treatment of goodwill, adjustment for revaluation of assets and liabilities, adjustment of accumulated profits and losses, disposal of amount due to retiring partner, adjustment of partners’ capitals, death of a partner. | 08 |
| 4 | Chapter 4: Dissolution of a Partnership Firm Dissolution of partnership, dissolution of a firm, settlement of accounts, accounting treatment. | 04 |
| PART-2: Company Accounts & Financial Statement Analysis (कंपनी खाते एवं वित्तीय विवरण विश्लेषण) | ||
| 5 | Chapter 1: Accounting for Share Capital Features of a company, types of companies, share capital of a company, categories and nature of shares, issue of shares, accounting treatment, forfeiture of shares. | 16 |
| 6 | Chapter 2: Issue of Debentures Meaning of debenture, distinction between shares and debentures, types of debentures, issue of debentures, over-subscription, issue of debentures for consideration other than cash, issue of debentures as a collateral security, terms of issue of debentures, interest on debentures, writing off discount/loss on issue of debentures. | 08 |
| 7 | Chapter 3: Financial Statements of a Company Meaning of financial statements, nature of financial statements, objectives of financial statements, types of financial statements, utility and importance of financial statements, limitations of financial statements. | 08 |
| 8 | Chapter 4: Accounting Ratios Meaning of accounting ratios, objectives of ratio analysis, advantages of ratio analysis, limitations of ratio analysis, types of ratios, liquidity ratios, solvency ratios, activity (or turnover) ratios, profitability ratios. | 04 |
| 9 | Chapter 5: Cash Flow Statement Objectives of cash flow statement, benefits of cash flow statement, cash and cash equivalents, cash flows, classification of activities for the preparation of cash flow statement, calculation of cash flows from operating activities, calculation of cash flows from investing and financing activities, preparation of cash flow statement. | 08 |
| Grand Total: | 80 | |
Examination Evaluation Metrics & Question Structure:
Questions 1 to 5 will comprise 32 Objective Type Questions. Each question carries 01 Mark.
Question No. 1 – Multiple Choice Questions (MCQs): 06 Marks
Question No. 2 – Fill in the Blanks: 06 Marks
Question No. 3 – True / False Statements: 06 Marks
Question No. 4 – Match the Following Pairs: 07 Marks
Question No. 5 – Single-word / One-sentence Answers: 07 Marks
Questions 6 to 15: Total 10 short answer conceptual/numerical problems. Each question carries 02 Marks.
Questions 16 to 19: Total 04 multi-step evaluation / accounting entries problems. Each question carries 03 Marks.
Questions 20 to 23: Total 04 comprehensive conceptual or lengthy ledger/balance sheet problems. Each question carries 04 Marks.