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Provision for Tax… (Class 12 Accountancy SQP 2025-26, Q29b)

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AccountancyCBSE Class 12 · Sample paper, session 2025-26 · 1 mark · MCQ

CBSE Class 12 Accountancy sample paper 2025-26: question 29(b)

From the official CBSE sample question paper for 2025-26, section B-I, question 29(b), for 1 mark. Try it first; the hints and our step-by-step solution are below.

Q29(b) · 1 mark · MCQCash Flow Statement

Provision for Tax for the year ended March 31, 2025 and 31 March 2024 were ₹ 3,00,000 and ₹ 2,80,000 respectively. During the year Tax paid was ₹ 2,50,000. Determine the amount of Tax proposed during the year by the firm.

  1. (A)₹ 3,00,000
  2. (B)₹ 2,30,000
  3. (C)₹ 2,80,000
  4. (D)₹ 2,70,000

Source: official sample paper from cbseacademic.nic.in (PDF). See it in the full Sample paper 2025-26.

Hints

Open one hint at a time and try again before the next.

Hint 1

Draw up the Provision for Tax account.

Hint 2

Closing = opening + provided − paid.

Step-by-step solution

Each step shows the marks it earns, as an examiner would award them. Checked by an independent re-solve from the question paper.

  1. Provision for Tax A/c: opening ₹ 2,80,000 + provision made − tax paid ₹ 2,50,000 = closing ₹ 3,00,000.

  2. Provision made = 3,00,000 + 2,50,000 − 2,80,000 = ₹ 2,70,000. Option (D).

    1 mark

Answer: (D) ₹ 2,70,000

Where the marks are

  • Balances the provision account (1 mark)

Revise the chapter

Practise this chapterBoard-style questions from Cash Flow Statement, one at a time, marked against the answer key and marking points.Back to the full paperSample paper 2025-26: every question, by section.

The question is transcribed from the official paper; figures are described in words. The solution, hints and chapter tag are ours. Spotted an error? Write tosupport@questionbuddy.in.