Accountancy exam questions

Code No.
: SS – 30 – ACCOUNTANCY
mPp ek/; fed i j h{kk, 2019

SENIOR SECONDARY EXAMINATION , 2019
y s[kk' kkL=k
ACCOUNTANCY
Time : 3 Hours 15 Minutes Maximum Marks :80
i j h{kkfFkZ
; ksadsfy; sl kekU; funsZ
' k%
General Instructions to the Examinees:
 i j h{kkFkhZl oZ
i zFke vi usi z'u i z=k i j ukeka
d vfuok; Z
r %fy[ ksa
A
Candidate must write first His / Her Roll No. on the Question Paper Compulsorily .
 l Hkh i z'u vfuok; ZgS

A
a
All Questions are Compulsory .
 i zR; sd i z'u dk mÙkj nh xbZmÙkj i q

fLr dk esagh fy[ ksa
A
Write the Answer to each question in the given answer-book only
 ft u i z'uksaesavkUr fj d [ k. M gS
] mu l Hkh dsmÙkj , d l kFk gh fy[ ksa
A
For the Questions having more than One Part , the answer to those Parts are to be Written together in
Continuity .
 i z'u i =k dsfgUnh , oava

xzst h : i kUr j esafdl h i zd kj dh =kq
fV @ vUr j @ foj ks/kkHkkl gksusi j fgUnh Hkk"kk ds
i z'u dksgh l gh ekusA
If there is any Error / Difference / Contradiction in Hindi and English Versions of the Question Paper ,
the Question of Hindi Version should be Treated Valid .
` Resonance Eduventures Ltd. CIN-U80302RJ2007PLC024029 ____________________________________________________Page 1

 ; g i z'u i =k nks[ k. M+
ksaesafoHkDr gS
: A r Fkk B .
This Question Paper Contains Two Sections : A and B .
.
Section Q. Nos. Marks Per Question
A 1 – 8 1
9 – 14 2
15 – 21 4
22 – 23 6
B 24 – 25 1
26 – 27 2
28 – 29 4
30 6
OR
24 – 25 1
26 – 27 2
28 – 29 4
30 6
 [ k. M+‘A’ l Hkh Nk=kksadsfy; svfuok; ZgS

A
Section “A” is Compulsory for All Candidates .
 [ k. M+‘B’dsnksHkkx gS
A i zR; sd Hkkx esal kr i z'u gS
A i j h{kkFkhZdksfdl h , d Hkkx dsl kr i z'uksadksgy dj uk gS
A
Section ‘B’ has Two Portions . Every portion has a Set of Seven (7) Questions . Candidate can
Attempt only a Set of Seven Questions of any One Portion .
 i z'u l a
[ ; k 22 ([ k. M+‘A’) r Fkk i z'u l a
[ ; k 30 ([ k. M+‘B’) esavkUr fj d fodYi gS
A
There are Internal Choices in Q. No. 22 (Section – A) and Q. No. 30 (Section – B) .

SECTION – A ([ k.M– A)
Q 1. Lkk>snkj h l a
y s[k dsvHkko esal k>snkj ksadsosru dk D; k i zko/kku gS\
What is the provision for salary to the partners , in the absence of Partnership Deed ?
[ 1 Mark ]
Sol. l k>snkj h l a
y s[k dsvHkko esa
] l k>snkj ksadksosru ughafn; k t k; sxkA’’’’’
Q 2. r : . kk , oaHkkouk 4 : 2 dsvuq
i kr esaykHk gkfu ck¡Vr h gq
; sl k>snkj gS us1/3rdfgLl sdsfy; si w
A mUgksa t k dksQeZ
esai zos'k fn; kA i w
t k vi uk fgLl k nksuksal s l eku vuq
i kr esai zkIr dj sxhA u; s ykHk gkfu vuq
i kr dh x. kuk
dhft ; sATaruna and Bhavna are partners with sharing profit and loss in the ratio of 4 : 2 . They admitted
Pooja into firm for 1/3rdshare . Pooja received her share equally from both . Calculate New Profit and
Loss Ratio .
[ 1 Mark ]
Sol.
1 1 1
Taruna’s Sacrifice = x =
3 2 6
1 1 1
Bhavna’s Sacrifice = x =
3 2 6
New Ratio = Old Ratio – Sacrifice
4 1 3
Taruna’s New = – =
6 6 6
2 1 1
Bhavna’s New = – =
6 6 6
1 2 2
Pooja’s Share = x =
3 2 6
New Ratio = 3 : 1 : 2
Q 3. eer k r Fkk euq5 : 3 dsvuq

i kr esaykHk foHkkt u dj r sgq
; s, d QeZesal k>snkj gS
A mUgksusaj s[kk dksu; k l k>snkj
cuk; kA mudk u; k ykHk gkfu vuq
i kr 4 : 2 : 1 fuf' pr fd; k x; k ] r kseer k , oaeuqdk R
; kx vuq
i kr Kkr
dhft ; sA Mamta and Manu are partners in a firm with sharing profits in the ratio of 5 : 3 . They entered
Rekha as New Partner . Their new profit-loss sharing ratio is decided 4 : 2 : 1 . Find out sacrifice ratio
of Mamta and Manu .
[ 1 Mark ]
Sol.
Sacrifice Ratio = Old Ratio – New Ratio
5 4 35 – 32 3
Mamta’s Sacrifice = – = =
8 7 56 56
3 2 21 – 16 5
Manu’s Sacrifice = – = =
8 7 56 56
Sacrifice Ratio = 3:5

Q 4. i zkfIr vuq
i kr , oaR; kx vuq
i kr esadksbZnksvUr j fyf[ k; sA
Write any TWO Difference between Gain Ratio and Sacrifice Ratio .
[ 1 Mark ]
Sol.
i zkfIr vuq
i kr , oaR; kx v uq
i kr esavUr j
Øñ l a vUr j dk vk/kkj i zkfIr vuq
i kr R; kx vuq
i kr
bl esa
' ks"kl k>snkj vodk' k xzg. k bl esa i q
j kus l k>snkj vi us ykHk dk
v FkZ dj usokysl k>snkj ; k er̀ l k>snkj fgLl k u; s l k>snkj ds i {k esaR; kx
1.
dsYkkHk dsHkkx dksi zkIr dj r sgS A dj r sgSA
fdl h l k>snkj dsvodk' k xzg. k dj us u; sl k>snkj dsi zos'k i j A
2.
x.kuk dk l e; vFkok eR̀; qi j A
Q 5. QeZdsl eki u l svki D; k l e>r sgS\

What do you mean by Dissolution of Firm ?
[ 1 Mark ]
Sol.
Hkkj r h; l k>snkj h vf/kfu; e , 1932 dh /kkj k 39 dsvuq
l kj Þfdl h QeZdsl eLr l k>snkj ksadse/; l k>snkj h
dk l ekIr gkst kuk ] QeZdk fo?kVu vFkok QeZdk l eki u dgykr k gS
Aß
Q 6. ; k' kqfyfeVsM usxks;y fyfeVsM l s̀ 6,00,000 esa, d e' khu [ kj hnh , oa; k' kqfyfeVsM us` 10ew
Y; okys50,000
l er k va
' kksadks 20 % i zhfe; e i j xks;y fyfeVsM dks Hkq
xr ku gsrqt kj h fd; sA va
' k t kj h dj us dh i zfof"V
nhft ; sA Yaashu Ltd. Purchased a machinery from Goyal Ltd. For ` 6,00,000 and Yaashu Ltd. Issued
50,000 Equity Shares @ ` 10 each at 20 % premium for payment to Goyal Ltd. Give entry for Issue of
Shares.
[ 1 Mark ]
Sol.
Premium Per Share = ` 10 x 20 % = ` 2 Per Share
JOURNAL of Yaashu Ltd.
Date Particular Dr. (`) Cr. (`)
Machinery A/c. Dr. 6,00,000
Date of
To Goyal Ltd. A/c. 6,00,000
Purchase
(Being Machinery Purchased from Gopal Ltd.)
Goyal Ltd. A/c. Dr. 6,00,000
Date of To Equity Share Capital A/c. 5,00,000
Issue To Securities Premium A/c. 1,00,000
(Being 50,000 Equity Shares @ ` 10 each
Issued at 20 % Premium)

Q 7. d`". kk fyfeVsM us20,000 va
' kksadkst kj h dj usgsrqi zfooj . k t kj h fd; kA30,000 va
' kksadsfy; svkosnu i zkIr gq
v kA
24,000 va
' kksadsvkosndksadks; Fkkuq
i kr ca
Vu fd; kA ; fn j kt 'sk dks400 va
' k vkoa
fVr fd; sgksr ksml ds} kj k
vkosfnr va
' kksa dh l a
[ ; k Kkr dj ksA Krishna Ltd. Issued Prospectus to issue 20,000 Shares .
Subscription received for 30,000 Shares . Pro-rata Allotment is made to Applicants of 24,000 Shares .
If 400 Shares were Allotted to Rajesh , calculate number of shares applied by him .
[ 1 Mark ]
Sol.
400
j kt s'k } kj k vkosfnr va
' kksadh l a
[;k = x 24,000 = 480 va
'k
20,000
Q 8. la
;q
Dr l kgl dk l eki u dc gksrk gS\
When Dissolution of the Joint Venture happens ?
[ 1 Mark ]
Sol.
fo' ks"k dk; Zi w
. kZgkst kusvFkok i w
oZfuf' pr vof/k dsl ekIr gkst kusdsl kFk gh l a
;q
Dr l kgl Hkh Lor %l ekIr
gkst kr k gS
A
Q 9. R , S r FkkT , d QeZes
a5 : 3 : 2 dsvuq A R 31stekpZ, 2018 dksvodk' k xzg. k dj r k
i kr esaykHk gkfu ck¡Vr sgS
gS
A bl fr fFk dksQeZdsfpësesal a
p; dk ' ks"k` 30,000 r Fkk ykHk gkfu [ kkr sdk MsfcV ' ks"k` 15,000FkkA
R dsvodk' k xz
g. k i j l a
fpr ykHkksa, oagkfu; ksadksvi fyf[ kr dj usgsrqt uZ
y i zfof"V; k¡ nhft ; sA
R , S and T are Partners in a firm , sharing Profits and Losses in ratio of 5 : 3 : 2 . R Retires from the
firm on 31stMarch , 2018 . The Balance Sheet of the Firm showed a Balance of Reserve ` 30,000 and
Dr. Balance of Profit and Loss Account ` 15,000 on that Date .
Make Journal Entries for Writing Off Accumulated Profits and Losses .
[ 2 Marks ]
Sol.
JOURNAL of Firm
Reserve A/c. Dr. 30,000
2018,
To R’s Capital A/c. 15,000
March 31
To S’s Capital A/c. 9,000
To T’s Capital A/c. 6,000
(Being Reserve Written Off in 5 : 3 : 2 Ratio)
R’s Capital A/c. Dr. 7,500
2018, S’s Capital A/c. Dr. 4,500
March 31 T’s Capital A/c. Dr. 3,000
To Profit and Loss A/c. 15,000
(Being Profit and Loss Debit Balance Written
Off in 5 : 3 : 2 Ratio)

Q 10. P , Q r Fkk R , d QeZes
al k>snkj gSt ks3 : 2 : 1 dsvuq
i kr esaykHk gkfu foHkkt u dj r sgS
A QeZdh i q
Lr dsa
i zfr o"kZ31stekpZdkscUn dh t kr h gS
A 1stt q A 31stekpZ, 2015 dks
y kbZ, 2015dksP QeZl svodk' k xzg. k dj r k gS
l ekIr xr ys[kko"kZesaQeZus` 2,40,000 ykHk dek; kA pkywo"kZesaykHk xr o"kZdh r q
y uk esa25 % vf/kd gksus
dh l a
Hkkouk gS
A vodk' k xzg. k dh fr fFk dkspkywo"kZdsykHk esaP dk fgLl k Kkr dhft ; sr Fkk P dksns; ykHk
dh i zfof"V dhft ; sA
P , Q and R are Partners in a Firm , Sharing Profits and Losses in the Ratio of 3 : 2 : 1 . P Retires
from the Firm on 1st July , 2015 . The Firm Closes its Books on 31st March each year . The Firm
Earned a Profit of ` 2,40,000 during the Previous Accounting Year ended on 31st March , 2015 .
It is estimated that Current Year’s Profit would be 25 % More than Previous Year .
Determine the Share of P on the Date of Retirement in the Current Year’s Profit . Also make Journal
Entry for Profit given to P .
[ 2 Marks ]
Sol.
pkywo"kZdk vi sf{kr ykHk = ` 2,40,000 + ` 60,000 (25 % of ` 2,40,000) = ` 3,00,000
3
1stvi z
y , 2015 l s1stt q
S y kbZ, 2015 r d dk ykHk = ` 3,00,000 x = ` 75,000
12
3
P dk pkywo"kZdsykH
k esafgLl k = ` 75,000 x = `37,500
6
JOURNAL of Firm
Profit and Loss Suspense A/c. Dr. 37,500
2015,
To P’s Capital A/c. 37,500
July 1
(Being Share in Current years Profit upto
Retirement given)
Q 11. X , Y r Fkk Z 3 : 3 : 2 dsvuq

i kr esaykHk ck¡Vr sgq
; sl k>snkj gS
A Z dsfuor̀ gksusi j l a
;q
Dr chek i kW
fyl h dk
l ei Z
. k ew
Y; ` 1,60,000 vka
d k x; kA i kW
fyl h [ kkr k Hkfo"; esai q
Lr dksaesaughafn[ kkuk gSr Fkk Hkfo"; esa' ks"k
l k>snkj ykHk cj kcj -cj kcj ck¡Vuk r ; dj r sgS
A
QeZdh i q
Lr dksaesavko' ; d t uZ
y i zfof"V@izfof"V; k¡ nhft ; s; fn i zhfe; e dksO
; ki kfj d [ kpZekuk t kr k gS
A
X , Y and Z are Partners sharing Profits in the Ratio of 3 : 3 : 2 . The Surrender Value of Joint Life
Policy is ` 1,60,000 on the Date of Retirement of Z . It is decided that Joint Life Policy will Not Appear
in the Balance Sheet . X and Y decide to Share Future Profits Equally .
Give necessary Journal Entries in the Books of the Firm, when Premium is Treated as Trade
Expenses.
[ 2 Marks ]

Sol.
2
Z dk l a
;q
Dr chek i kW
fyl h esafgLl k = ` 1,60,000 x = ` 40,000
8
Qk; nsdk vuq

i kr = u; k vuq
i kr – iq
j kuk vuq
i kr
1 3 4–3 1
X dk Qk; nk = – = =
2 8 8 8
1 3 4–3 1
Y dk Qk; nk= – = = = 1:1
2 8 8 8
JOURNAL of Firm
X’s Capital A/c. Dr. 20,000
Date of Y’s Capital A/c. Dr. 20,000
Retirement To Z’s Capital A/c. 40,000
(Being Share in Surrender Value given in
Gaining Ratio 1 : 1)
OR
JOURNAL of Firm
Joint Life Policy A/c. Dr. 1,60,0000
To X’s Capital A/c. 60,000
Date of To Y’s Capital A/c. 60,000
Retirement To Z’s Capital A/c. 40,000
(Building JLP A/c. Opened by Surrender
Value in Old Ratio 3 : 3 : 2)
X’s Capital A/c. Dr. 80,000
Date of Y’s Capital A/c. Dr. 80,000
Retirement To Joint Life Policy A/c. 1,60,000
(Being JLP A/c. Written Off in their New
Ratio 1 : 1)
Q 12. fLFkfr fooj . k dsÞl a

p; , oavkf/kD; ß ' kh"kZ
d dsvUr xZ
r fy[ kh t kusokyh pkj ensafyf[ k; sA
Write FOUR Items under the Head of “Reserves and Surplus” of Balance Sheet .
[ 2 Marks ]
Sol.
(i) (i w
¡t h l a
p; ) Capital Reserve
(ii) (i w
¡t h ' kks/ku l a
p; ) Capital Redemption Reserve
(iii) (i zfr Hkw

fr i zhfe; e l a
p; ) Securities Premium Reserve
(iv) (_ . ki =k ' kks/ku l a

p; ) Debenture Redemption Reserve

Q 13. j ksd M+r q
Y; dksl e>kb; sA Explain Cash Equivalents .
[ 2 Marks ]
Sol.
, sl svYi dkyhu vR; f/kd r j y fofu; ksx gS] ft Ugsar q
j Ur j ksd M+esai fj ofr Z
r fd; k t k l dr k gSr Fkk budsew
Y;
esai fj or Z
u dk t ksf[ ke ughadscj kcj gksrk gS
A fdl h Hkh fofu; ksx dksj ksd M+r q
Y; r Hkh ekuk t kr k gS] t cfd
bl dh i fj i Dor k vof/k de l sde vFkkZ
r ~i zkIr dj usdh fr fFk l sr hu ekg vFkok bl l sde gksA
Q 14. la
;q
Dr l kgl l EcU/kh O
; ogkj ksadk ys[kk j [ kusdh fof/k; k¡ cr kb; sA
State the Methods of Accounting for Joint Venture Transactions .
[ 2 Marks ]
Sol.
(i) la
;q
Dr l kgl dsfy; si F̀kd l sys[kk i q
Lr dsaj [ kuk A
(ii) la
;q
Dr l kgl dsfy; si F̀kd l sys[kk i q
Lr dsaughaj [ kuk %
o i zR; sd l kgl h } kj k dsoy Lo; adsysu-nsuksadk ys[kk dj ukA
o Lo; adsysu-nsuksadsl kFk gh vU; l kgfl ; ksadsysu-nsuksadk Hkh ys[kk dj ukA
Q 15. d s'k us 1stt uoj h , 2016 dksØe' k%` 2,000 r Fkk ` 20,000 dh i w
eukst r Fkk eq ¡t h dsl kFk l k>snkj h QeZ' kq
:
dhA 1stekpZ, 2016, dks eukst us `8,000 dh vfr fj Dr i w
¡t h yxkbZ
A ml h fnu eq
d s'k us vi uh i w
¡t h
j yh us1stt q
l s̀6,000fudkysA eq y kbZ, 2016 dks`30,000 dh i w
¡t h dsl kFk QeZesai zos'k fd; kA ml fnu eukst
r Fkk eq
d s'k Øe' k%̀12,000 r Fkk `10,000 dh vfr fj Dr i w
¡t h yxkr sgS
A ykHk gkfu i w
¡t h vuq
i kr esafoHkkft r fd; s
t kr sgS
A o"kZ2016 dsykHk `59,600FksA i w
j h x. kuk nsrsgq
; sykHk gkfu fu; kst u [ kkr k cukb; sA
Manoj and Mukesh started a Partnership Firm on 1st January , 2016 with a Capital of ` 2,000 and
` 20,000 respectively . On 1stMarch , 2016 , Manoj introduced Additional Capital of `8,000 . On that
day , Mukesh Withdrew `6,000 from His Capital . Murli entered in the Firm on 1stJuly , 2016 with a
Capital of `30,000 . On that day , Manoj and Mukesh introduced Additional Capital of `12,000 and
`10,000 respectively . Profit and Loss are Distributed in Capital Ratio . The Profits for the year 2016
were `59,600 . .
Prepare Profit and Loss Appropriation Account by giving detailed calculations .
[ 4 Marks ]
Sol.
Calculation of Effective Capital Ratio :
MANOJ :
st st
1 January , 2016 to 1 March , 2016 = ` 2,000 x 2 = ` 4,000
st st
1 March , 2016 to 1 July , 2016 = ` 10,000 x 4 = ` 40,000
st st
1 July , 2016 to 31 December , 2016 = ` 22,000 x 6 = ` 1,32,000
TOTAL ` 1,76,000

MUKESH :
1stJanuary , 2016 to 1st March , 2016 = ` 20,000 x 2 = ` 40,000
st st
1 March , 2016 to 1 July , 2016 = ` 14,000 x 4 = ` 56,000
st st
1 July , 2016 to 31 December , 2016 = `24,000 x 6 = ` 1,44,000
TOTAL `2,40,000
MURLI :
1st July , 2016 to 31st December , 2016 = ` 30,000 x 6 = ` 1,80,000
TOTAL `1,80,000
Capital Ratio : `1,76,000 : `2,40,000 : `1,80,000
44 : 60 : 45
Profit and Loss Appropriation Account
st
Dr. For the year ending 31 December , 2016 Cr.
Particulars (`) Particulars (`)
To Manoj’s Capital 17,600 By Profit for the Year. 59,600
(` 59,600 x 44/149)
To Mukesh’s Capital 24,000
(` 59,600 x 60/149)
To Murli’s Capital 18,000
(` 59,600 x 45/149)
59,600 59,600
Q 16. la
t uk r Fkk j a A 31stekpZ, 2015 dksl k>snkj ksadh i w
t uk , d QeZesal k>snkj gS ¡t h Øe' k%` 4,00,000 r Fkk `
2,00,000gSr Fkk ys
unkj ` 90,000 gSA bl h fr fFk dks QeZ ds l eki u i j l Ei fÙk; ksadk ol w
y h ew
Y; `
3,60,000 gSA ol w
y h [ kkr k cukb; sA
Sanjana and Rajana were Partners in a Firm . On 31st March , 2015 Capital of the Partners are
` 4,00,000 and ` 2,00,000 and Creditors worth ` 90,000 . Realizable Value of Assets is ` 3,60,000 on
the Same Date , at the Time of Dissolution of the Firm . Prepare Realization Account .
[ 4 Marks ]
Sol.
Note :Li "V l w
puk dsvHkko esal k>snkj ksadk ykHk gkfu vuq
i kr cj kcj ekuk x; kA
Memorandum Balance Sheet as at 31stMarch , 2015
Liabilities (`) Assets (`)
Sanjana’s Capital 4,00,000 Sundry Assets 6,90,000
Ranjana’s Capital 2,00,000 (Bal. Fig.)
Creditors 90,000
6,90,000 6,90,000

Dr. Realization Account Cr.
To Sundry Assets 6,90,000 By Creditors A/c. 90,000
To Cash A/c. 90,000 By Cash A/c. 3,60,000
(Creditors) (Assets Realized)
By Sanjana’s Capital A/c. 1,65,000
By Rajana’s Capital A/c.. 1,65,000
(3,30,000 x (1/2 : 1/2))
7,80,000 7,80,000
Q 17. j ksfgr vkS

j j kgq
y di M+
sdk Ø; foØ; dj usgsrql a
;q
Dr l kgl esai zos'k dj r sgSr Fkk ykHk-gkfu 3 : 2 dsvuq
i kr
esack¡Vus dk fu' p; dj r sgS
A j ksfgr us̀ 50,000 dsdi M+
s[ kj hnsr Fkk+ ` 500 HkkM+
k ; ` 100 chek O
; ; ; ` 400
xkM+
h HkkM+
k r Fkk ` 300 fofo/k O
; ; dspq
d k; sA j kgq
y us ` 30,000 dsdi M+
s[ kj hns, oa` 200 xksnke fdj k; k ;
` 100 chek i z
hfe; e r Fkk` 100 xkM+
h HkkM+
sdspq
d k; sA j ksfgr usdq
N di M+
k ` 60,000 esar Fkk j kgq
y us' k"sk
di M+
k ` 38,000 esacsp fn; kA.
j ksfgr dh i q
Lr dksaesal a
;q
Dr l kgl [ kkr k , oaj kgq
y dk [ kkr k cukb; sA
Rohit and Rahul entered in Joint Venture to Purchase and Sales of Cloth and Decide to Distribute
Profit or Loss in 3 : 2 Ratios . Rohit Purchased Cloth of ` 50,000 and Paid ` 500 Freight ; ` 100
Insurance Expenses ; ` 400 Carriage and ` 300 Sundry Expenses . Rahul Purchased Cloth of `
30,000 and Paid ` 200 Godown Rent ; ` 100 Insurance Premium and ` 100 Carriage .
Rohit Sold Part of the Cloth for Worth ` 60,000 and Rahul Sold the Remaining Cloth for ` 38,000 .
Prepare Joint Venture Account and Rahul’s Account in the Books of Rohit . [ 4 Marks ]
Sol.
In the Books of Rohit
Dr. Joint Venture Account Cr.
To Bank (Purchase) 50,000 By Bank A/c. (Sales) 60,000
To Bank (Expenses) 1,300 By Rahul’s A/c. (Sales) 38,000
To Rahul’s (Purchase) 30,000
To Rahul’s (Expenses) 400
To Profit and Loss A/c. 9,780
(16,300 x 3/5)
To Rahul’s A/c. 6,520
(16,300 x 2/5)
98,000 98,000
Dr. Rahul’s Account Cr.

To Joint Venture A/c. 38,000 By Joint Venture A/c. 30,000
By Joint Venture A/c. 400
By Joint Venture A/c. 6,520
By Bank A/c. (Bal. Fig.) 1,080
38,000 38,000

Q 18. fuEuka
fdr i j fVIi . kh fyf[ k; sA Write Notes on the following :
(i) l kekU; deh' ku Ordinary / General Commission
(ii) i fj ' kks/k deh' ku Del-Credere Commission .
[ 4 Marks ]
Sol.
(i) l kekU; deh' ku (Ordinary / General Commission) % i z"sk. kh dkseky dsfoØ; ew
Y; ; k cht d
ew
Y; i j fuf' pr nj l sdeh' ku fn; k t kr k gS
A ; g i zs"k. kh dsdk; Zdk i zfr Qy gS
A
(ii) i fj ' kks/k deh' ku (Del-Credere Commission) :; fn i zs"kd usi zs"k. kh dkseky dksm/kkj foØ; dj us
gsrqv/khdr̀ fd; k gS] r ks, sl h fLFkfr esaMw
cr _ . k dh l EHkkouk Hkh j gr h gS] ft l si zs"kd ogu dj r k
gS
A ; fn Mw
cr _ . k ogu dj us, oam/kkj j kf' k ol w
y dj usdk mÙkj nkf; Ro i zs"k. kh ysrk gSr ksbl dk; Z
gsrqi zs"kd } kj k i zs"k. kh dksvfr fj Dr deh' ku fn; k t kr k gS] ft l si fj ' kks/k deh' ku dgr sgS
A
bl dh x. kuk Li "V l w
puk dsvHkko esadq
y foØ; i j fuf' pr i zfr ' kr l sdh t kr h gS
A
Q 19. l k¡[ kyk VªsMl ZusouLi fr ?kh ds5,000 i hi s` 1,200 i zfr i hi k ykxr i j esl l Zes?kk VªsMl Zdkspkykuh i j Hkst s
r Fkk` 50,000 j sy HkkM+
k pq
d k; kA ekxZesa200 i hi spksjh gksx; s] ft l dsfy; schek dEi uh l s̀ 1,80,000 nkosds
i zkIr gq
; sA , t s.V us' ks"k eky dh l q
iq
nZ
xh yh r Fkk` 27,000 pq
a
xh r Fkk` 8,000 fcØh O
; ; dspq
d k; sA ml us4,250
i hi s@ ` 1,500 i zfr i hi k dh nj l scsp fn; sr Fkk fcØh i j ` 50 i zfr i hi k deh' ku ol w
y fd; kA vl kekU; gkfu
r Fkk fcuk fcdsLVkW
d dh j kf' k dh x. kuk dj r sgq
; si z"skd dh i q
Lr dksesai zs"k. k [ kkr k cukb; sA
Sankhla Traders Consinged 5,000 Vegetable Oil Tins @ ` 1,200 Per Tin at cost to M/s. Megha
Traders and Paid Railway Freight ` 50,000 . In course of Transit , 200 Tins was Theft . A sum of
` 1,80,000 is received from the Insurance Company as a Claim . Agent took delivery of remaining
goods and paid ` 27,000 for Octroi and ` 8,000 as Selling Expenses . He Sold 4,250 Tins @ ` 1,500
Per Tin and Charged ` 50 Per Tin as Commission on Sales .
Prepare Consignment Account in the Books of Consignor , with calculating amount of Unsold Stock
and Abnormal Loss .
[ 4 Marks ]
Sol.
Working Note :
1. Calculation of Abnormal Loss in Transit (200 Tins)
Cost = 200 Tins x` 1,200 = ` 2,40,000
Add :Non-Recurring Proportionate
Expenses of Sankhla Traders = ` 2,000
 50,000 
  200  ________________
 5,000 
Abnormal Loss = ` 2,42,000

2. Calculation of Unsold Stock :
= (5,000 Tins – 200 Tins Abnormal Loss – 4,250 Tins Sold)
= 550 Tins
Cost = 550 Tins x` 1,200 = ` 6,60,000.00
Add : Non-Recurring Proportionate Expenses
of Sankhla Traders
 50,000 
  550  = ` 5,500.00
 5,000 
Add : Non-Recurring Proportionate Expenses
Of Megha Traders
 27,000 
  550  = `3,093.75
 4,800 
__________________
Unsold Stock = `6,68,593.75
In the Books of Sankhla Traders
Dr. Consignment Account Cr.
To Goods Sent on Consignment 60,00,000.00 By Megha Traders (Sales) 63,75,000.00
A/c.(5,000 Tins x 1,200) (4,250 Tins x 1,500)
To Cash A/c. (Expenses) 50,000.00 By Abnormal Loss 2,42,000.00
To Megha Traders (Expenses) (W. N. 1)
Octroi 27,000 By Unsold Stock A/c. 6,68,593.75
Selling Expenses 8,000 35,000.00 (W. N. 2)
To Megha Traders 2,12,500.00
(Commission)
(4,250 Tins x 50)
To Profit and Loss A/c. 9,88,093.75
(Bal. Fig.)
72,85,593.75 72,85,593.75
Q 20. fuEuka pukvksal s31stekpZ, 2010 dksl ekIr gksusokyso"kZdk i zkfIr , oaHkq
fdr l w xr ku [ kkr k cukb; sA
Prepare Receipts and Payments Account for the year ending 31stMarch , 2010 from the following
information ;
Particulars Amount (`)
Cash-in-Hand (Opening) (i zkj fEHkd j ksd M+' ks"k) 40,000
Donation Received (nku i zkIr fd; k) 2,00,000
Subscription Received (pUnk i zkIr fd; k) 4,00,000
Paid for Electricity Bill (fct yh fcyksadk Hkq

xr ku fd; k) 80,000
Rent ` 4,000 Per Month . Actually Paid for 11 Months during the year
(fdj k; k ` 4,000 ekfl d] o"kZdsnkS
j ku 11 ekg dk Hkq
xr ku fd; k )
Purchases of Computer in Cash (dEI; w
Vj udn esaØ; fd; k) 2,00,000
Honorarium Paid (ekuns; Hkq
xr ku) 76,000
Purchases of Machinery from Ram(j ke l se' khuj h [ kj hnh) 1,00,0000
[ 4 Marks ]

Sol.
Note :
j ke l se' khuj h [ kj hnh ] m/kkj ysu-nsu gS
A vr %i zkfIr , oaHkq
xr ku [ kkr sesaughavk; sxkA
Receipts and Payment Account
For the year ended 31stMarch , 2010
To Balance b/d. 40,000 By Paid for Electricity Bill 80,000
To Donations 2,00,000 By Rent Paid 44,000
To Subscriptions 4,00,000 (4,000 x 11 Months)
By Computers 2,00,000
By Honororium 76,000
By Balance c/d. 2,40,000
(Bal. Fig.)
6,40,000 6,40,000
Q 21. fuEuka
fdr enksadksvk; -O
; ; [ kkr s, oafpësesan' kkZ
b; sA
Show the following Items in Income and Expenditure Account and Balance Sheet :
Amount Received from Legacy (ol h; r l si zkIr j kf' k) 50,000
Subscription Received in Current Year (pkywo"kZesai zkIr pUnk) 25,000
Outstanding Subscription of Current Year (pkywo"kZdk cdk; k pUnk) 5,000
Entrance Fees ` 20,000, (50 % Part should be Capitalized)

i zos'k ' kq
Yd ` 20,000 , (50i zfr ' kr fgLl k i w
¡t hxr ekuk t k; s)
Life Membership Fees(vkt hou l nL; r k ' kq
Yd) 40,000
General Donation Received(l kekU

; nku i zkIr fd; k) 2,500
[ 4 Marks ]
Sol.
Income and Expenditure Account
Dr. For the year ended ______________ Cr.
Expenditure (`) Income (`)
By Subscription 25,000
Add : Current year
Outstanding 5,000 30,000
By Entrance Fees 10,000
(20,000 x 50 %)
By Donations 2,500

Balance Sheet as at _______________
Capital Fund xxxx Outstanding Subscription 5,000
Add : Legacy 50,000
Add : Entrance Fees 10,000 60,000
(20,000 x 50 %)
Life Membership Fees 40,000
Q22. l ksuwr Fkk eksuwØe' k%3 : 2 dsvuq

i kr esaykHk ck¡Vr sgq A 31stekpZ, 2012 dksmudk fpëk fuEu
; sl k>snkj gS
i zd kj gS%:Sonu and Monu are in Partnership , Sharing Profits in the Ratio of 3 : 2 . Their Balance
Sheet as on 31stMarch , 2012 was as follows :
st
Balance Sheet as at 31 March , 2012
Creditors 7,500 Cash(j ks
d M+
) 9,750
(ysunkj ) unkj )
Debtors(ns
General Reserve 4,500
15,000
(l kekU; l a
p; ) Less : Provision 6,000 9,000
Profit and Loss Account 3,000 (?kVk; s% vk; kst u)
(ykHk gkfu [ kkr k) Stock(LVkW
d) 22,500
Partners’ Capital A/c.:
Furniture(QuhZ
pj ) 9,750
(l k>snkj ksadsi w
¡t h [ kkr s)
Goodwill([ ; kfr ) 9,000
Sonu (l ks
uw)30,000
Monu (eks
uw)15,000 45,000
60,000 60,000
osVksuwdks 1stvi zS
y , 2012 l s 1/3rdHkkx dsfy; sbu ' kr ksZ
ai j i zos'k nsrsgSfd og vi usfgLl sdh [ ; kfr d s
fy; sO
; ki kj esaj de dk Hkq
xr ku dj sar Fkk br uh i ; kZ
Ir i ¡twh y k; sft l l sfd ml subZQeZdh dq
y iw
¡t h dk
1/3rdfgLl k i z
kIr gkst k; sA QeZdh [ ; kfr dk ew
Y; ka
d u xr r hu o"kksZ
adsvkS
l r ykHk dsnksxq
usdsvk/kkj i j
dj r sgq
; sl ek; ksft r fd; k t kr k gS
A bu o"kksZ
adsykHk Øe' k%̀ 15,000 ; ` 8,300 (gkfu)r Fkk `25,000 gS
A vkxs
; g Hkh r ; fd; k t kr k gSfd Mw
cr _ . k vk; kst u dks`2,000 r d ?kVk; k t k; s, LVkW
d dk i q
uZ
ew
Y; ka
d u`30,000
i j fd; k t k; s, QuhZ
pj dks̀7,500 r d ?kVk; k t k; sr Fkk cdk; k [ kpZ`2,000 , oavft Z
r vk; `500 i q
Lr dksaesa
yk; st k; sA
st rd
They decided to Admit Tonu on 1 April , 2012 for 1/3 Share with the terms that He has to pay cash
into the business for his Share of Goodwill and Sufficient Capital to give him a 1/3rd Share of the Total
Capital of the New Firm . The Goodwill of the Firm is adjusted by valuing it at two years purchases of
the average profits of the last three years . Profit or Loss for these years being :` 15,000 ; ` 8,300
(Loss) and `25,000 .

It was further agreed that the Provision for Bad Debts be Reduced to `2,000 , that the Stock be
Revalued at `30,000 , that the Furniture be Reduced to `7,500 and Outstanding Expenses `2,000
and Accrued Income `500 to be Brought into Books .
QeZdh i q
Lr dksaesai q
uZ
ew
Y; ka
d u [ kkr k , oal k>snkj ksadsi w
¡t h [ kkr scukb; sA
Prepare : Revaluation Account and Partners’ Capital Account in the Books of the Firm .
OR
A , B r Fkk C l k>s
nkj h esaO s 31stekpZ, 2015 dksQeZdk fpëk fuEu i zd kj Fkk %
; ol k; dj j gsFkA
The Partners A , B and C were carrying on Business . The Balance Sheet of the Firm as at
31stMarch , 2015 was as under :
Balance Sheet as at 31stMarch , 2015
unkj )
Creditors(ys 13,500 Cash in Hand 5,900
General Reserve 12,000 (gLr xr j ksd M+
)
(l kekU; l a
p; ) unkj )
Debtors (ns 8,000
a
d _ . k)
Bank Loan(cS 5,000 Stock(LVkW
d) 11,600
Partners’ Capital A/cs. : kou)
Building(H 23,000
(l k>snkj i w
¡t h [ kkr s) Goodwill([ ; kfr ) 15,000
A 15,000
B 10,000
C 8,000 33,000
63,500 63,500
1stvi z
S
y , 2015 dks B vodk' k xzg. k dj r k gSr Fkk ml l e; fuEu fu. kZ
; fy; sx; s%
B Retires on 1stApril , 2015 . The following decisions were taken at that time :
(i) Hkou dk ew Y; `7,000 l sc<+ kuk gS
A. Value of Building is Increased by ` 7,000 .
(ii) fofo/k nsuknkj ksai j 5 % dh nj l sl a
fnX/k _ . kksadsfy; svk; kst u dj uk gS
A
Provision for Bad Debts @ 5 % is made on Sundry Debtors .
(iii) QeZdh [ ; kfr dk ew Y; ka
d u ` 18,000 i j fd; k x; kA ; g Hkh fu' p; fd; k x; k fd B dsvodk' k xzg. k
i ' pkr ~ys[kk i q
Lr dksaesa[ ; kfr ughafn[ kkbZt k; sxhA Goodwill is Valued at ` 18,000 and it is also
Committed that after Retirement of B , it will not be Shown in the Books .
(iv) ` 5,000 B dksr qj Ur Hkq
xr ku r Fkk ' ks"k ml ds_ . k [ kkr sesagLr ka
r fj r dj fn; st k; sA Payment of `
5,000 is made to B Immediately and Balance is Transferred to His Loan Account .
QeZdh i q
Lr dksaesai q
uZ
ew
Y; ka
d u [ kkr k ] l k>snkj ksadsi w
¡t h [ kkr sr Fkk fpëk cukb; sA
Prepare :
Revaluation Account , Partners’ Capital Accounts and Balance Sheet in the Books of the Firm .
[ 6 Marks ]
Sol. Working Note :
1. Valuation of Firm’s Goodwill :
` 15,000  ( ` 8,300 )  ` 25,000
Average Profit =
3
` 31,700
= = ` 10,567
3

Goodwill = Average Profit x 2 Times
= ` 10,567 x 2 = ` 21,134
Premium for Goodwill = ` 21,134 x (1/3)= ` 7,045
2. Calculation of Capital of Tonu :

Total Adjusted Capital of Sonu and Monu
= ` 37,977 + ` 20,318 = ` 58,295
Assume Total Profit = 1 Remaining Profit = 1 – (1/3) = (2/3)
New Capital of Firm = ` 58,295 x (3/2) =` 87,443
Tonu’s Capital = ` 87,443 x (1/2)= ` 29,148
Dr. Revaluation Account Cr.

To Furniture A/c. 2,250 By Provision for Bad Debts 4,000
To Outstanding Expenses 2,000 By Stock A/c. 7,500
To Sonu’s Capital A/c. 4,650 By Accrued Income A/c. 500
(7,750 x (3/5))
To Monu’s Capital A/c. 3,100
(7,750 x (2/5))
12,000 12,000
Dr. Partners’ Capital Account Cr.

Particulars Sonu Monu Tonu Particulars Sonu Monu Tonu
(`) (`) (`) (`) (`) (`)
To Goodwill A/c. 5,400 3,600 –– By Balance b/d. 30,000 15,000 ––

 9,000  3 : 2  By Premium for
 5 
 Goodwill 4,227 2,818 ––
To Balance c/d. 37,977 20,318 ––  7,045  3 : 2 
 5 

By Revaluation A/c. 4,650 3,100 ––
By Gen. Reserve
A/c. 2,700 1,800 ––
 4,500  3 : 2 
 5 

By Profit & Loss
A/c. 1,800 1,200 ––
 3,000  3 : 2 
 5 

43,377 23,918 –– 43,377 23,918 ––
To Balance c/d. 37,977 20,318 29,148 By Balance b/d. 37,977 20,318 ––

(Bal. Fig) By Cash A/c. –– –– 29,148
(W. N.)
37,977 20,318 29,148 37,977 20,318 29,148

OR
Working Note :
1. B’s Share of Goodwill = ` 18,000 x (1/3) = ` 6,000
New and Gaining Ratio = A : C
1 : 1
Dr. Revaluation Account Cr.

To Provision for Doubtful Debts 400 By Building A/c. 7,000
(` 8,000 x 5 %)
To A’s Capital A/c. 2,200
(` 6,600 x 1/3)
To B’s Capital A/c. 2,200
(` 6,600 x 1/3)
To C’s Capital A/c. 2,200
(` 6,600 x 1/3)
7,000 7,000
Dr. Partners’ Capital Account Cr.

Particulars A B C Particulars A B C
(`) (`) (`) (`) (`) (`)
To Goodwill A/c. 5,000 5,000 5,000 By Balance b/d. 15,000 10,000 8,000
 1 : 1 : 1 By A’s Capital A/c. –– 3,000 ––

15,000  
 3  By C’s Capital A/c. –– 3,000 ––
To B’s Capital A/c. 3,000 –– 3,000  1 : 1

 6,000  
To Cash A/c. –– 5,000 ––  2 
By Revaluation A/c. 2,200 2,200 2,200

To B’s Loan A/c. –– 12,200 ––
By General Reserve 4,000 4,000 4,000
(Bal. Fig.)
To Balance c/d. 13,200 –– 6,200 A/c.
(Bal. Fig.)  1 : 1 : 1
12,000  
 3 
21,200 22,200 14,200 21,200 22,200 14,200
Balance Sheet as at 1stApril , 2015

Creditors 13,500 Cash in Hand 900
Bank Loan 5,000 Debtors 8,000
B’s Loan 12,200 Less : P.B.D. 400 7,600
Partners’ Capital A/cs. : Stock 11,600
A 13,200 Building 30,000
C 6,200 19,400
50,100 50,100

Q 23. fgekU'kqfyfeVsM us ` 10,00,000 ds9 % _ . ki =kksadk fuxZ
eu fuEu i zd kj l sfd; k :
Himanshu Ltd. Issued 9 % Debentures of ` 10,00,000 as follows :
(i) ` 5,00,000 ds9 % _ . ki =kks
adks10 % cêsi j udn dsfy; sA
9 % Debentures of ` 5,00,000 at 10 % Discount for Cash .
(ii) Lusgk fyfeVsM l s ` 2,25,000 esae' khu Ø; dh ] ml dsi zfr Qy Lo: i ml dks` 2,50,000 va
fdr
ew
Y; ds 9 % _ . ki =k fuxZ
fer fd; sA
A Machine of ` 2,25,000 Purchased from Sneha Ltd. For the consideration of it , 9 %
Debentures were Issued with a Nominal Value of ` 2,50,000 ..
(iii) cS
a
d l s ` 1,25,000 dk _ . k fy; kA l Ei kfÜO
kZ
d i zfr Hkw
fr ds: i esacS
a
d dsi kl ` 2,50,000 ds9 %
_ . ki =k t ek dj k; sATaken a Loan of ` 1,25,000 from Bank and Deposited to the Bank , 9
% Debentures of ` 2,50,000 as Collateral Security .
fgekU'kqfyfeVsM dh i q
Lr dksaesat uZ
y i zfof"V; k¡ nhft ; sA
Give Journal Entries in the Books of Himanshu Ltd.
[ 6 Marks ]
Sol.
JOURNAL OF Himanshu Ltd.
Bank A/c. Dr. 4,50,000
(i)
Discount on Issue of Debentures A/c. Dr. 50,000
To 9 % Debentures A/c.. 5,00,000
(Being 9 % Debentures Issued for Cash at
10 % Discount)
Machine A/c. Dr. 2,25,000
(ii) To Sneha Ltd. A/c. 2,25,000
(Being Machine Purchased from Sneha Ltd.)
Sneha Ltd. A/c. Dr. 2,25,000
Discount on Issue of Debentures A/c. Dr. 25,000
To 9 % Debentures A/c.. 2,50,000
(Being 9 % Debentures Issued to Sneha Ltd.
at Discount)
Bank A/c. Dr. 1,25,000
To Bank Loan A/c. 1,25,000
(iii) (Being Bank Loan Taken)
Debentures Suspense A/c. Dr. 2,50,000
To 9 % Debentures A/c. 2,50,000
(Being 9 % Debentures Issued as Collateral
Security)

SECTION – B ([ k.M– B)
[ k. M B dsnksHkkx gS
A i zR; sd Hkkx esal kr i z'u gS
A i j h{kkfFkZ
; ksadksfdl h , d Hkkx dsl kr i z'uksa
dksgy dj uk gS
A
Section B has Two Portions . Every Portion has a Set of SEVEN Questions . Candidates can
Attempt any Set of SEVEN Questions of any ONE Portion .
Q 24. i zof̀r vuq

i kr Kkr dj usdk l w
=k fyf[ k; sA
Write the formula for Calculating Trend Ratio .
[ 1 Mark ]
Sol.
ml en dhpkywo" kZdhj kf' k
i zof̀r vuq
i kr (Trend Ratio) = x 100
ml en dhvk/kkj o" kZdhj kf' k
Q 25. ; fn i zkj fEHkd LVkW

d ` 20,000 ; ' kq
) Ø; ` 50,000 ; i zR; {k O
; ; ` 5,000gS
r Fkk va
fr e LVkW
d ` 22,500 , gksr ks
cspsx; seky dh ykxr Kkr dj ksA If Opening Stock ` 20,000 ; Net Purchase ` 50,000 ; Direct
Expenses ` 5,000 and Closing Stock is ` 22,500 , then Calculate Cost of Goods Sold .
[ 1 Mark ]
Sol.
Cost of Goods Sold
= Opening Stock + Net Purchase + Direct Expenses – Closing Stock
= ` 20,000 + ` 50,000 + ` 5,000 – ` 22,500
= ` 52,500

Q 26. l ekukdkj fpësdk i zk: i cukb; sA Make Proforma of “Common Size Balance Sheet” .
[ 2 Marks ]
Sol.
Common Size Balance Sheet
Note Absolute Amounts Percentage of Balance
Particulars Sheet Total
No. (`)
Previous Current Previous Current
Year Year Year Year
2 5 = (3/Total 5 = (4/Total
1 3 4
x 100) x 100)
I. EQUITY AND LIABILITIES :

1. Shareholders Funds :
(a) Share Capital
(i) Equity Share Capital –– –– –– ––
(ii) Preference Share Capital –– –– –– ––
(b) Reserve & Surplus –– –– –– ––
2. Non-Current Liabilities
(a) Long term Borrowings –– –– –– ––
(b) Long term Provisions –– –– –– ––
3. Current Liabilities :
(a) Short-term Borrowings –– –– –– ––
(b) Trade Payables –– –– –– ––
(c) Other Current liabilities –– –– –– ––
(d) Short-term provisions –– –– –– ––
TOTAL –– –– –– ––
II. ASSETS :
1. Non-Current Assets
(a) FixedAssets –– –– –– ––
(i) Tangible Assets –– –– –– ––
(ii) Intangible Assets –– –– –– ––
–– –– –– ––
(b)Non-Current Investment
(c)Long-term Loans and Advances –– –– –– ––
2.Current Assets
–– –– –– ––
(a) Current Investments
–– –– –– ––
(b) Inventories
–– –– –– ––
(c) Trade Receivables
(d) Cash and Cash Equivalents –– –– –– ––
(e) Short-term Loans and
Advances –– –– –– ––
(f) Other Current Assets
–– –– –– ––
TOTAL –– –– –– ––

Q 27. fuEu l w
pukvksal sl dy ykHk , oa' kq
) foØ; dh j kf' k Kkr dhft ; s%
Find outGross Profit and Net Sales from the information given below :
(`)
o Fixed Assets (l Ei fÙk; k¡) 1,50,000
o Average Stock (vkS

l r LVkW
d) 70,000
o Stock Turnover Ratio (LVkW

d vkoZ
r vuq
i kr ) 4 Times
o Debtors (nsunkj ) 40,000
o Selling Price (foØ; ew

Y; ) 20 % Above Cost
(ykxr ew
Y; l s20 %vf/kd)
[ 2 Marks ]
Sol.
Cost of Re venue from Operations
Stock Turnover Ratio =
Average Stock
Cost of Revenue from Operations

=
` 70,000
Cost of Revenue from Operations = ` 70,000 x 4 = ` 2,80,000
Gross Profit=` 2,80,000 x 20 % = ` 56,000
Net Sales =Cost of Revenue from Operations + Gross Profit

=`2,80,000 + `56,000 = `3,36,000
Q 28. fuEufyf[ kr l w
pukvksal sj ke fyfeVsM dk r q
y ukRed fLFkfr fooj . k cukb; sA
Prepare Comparative Balance Sheet of Ram Ltd. From the given information :
Particulars 2011 (`) 2012 (`)
LIABILITIES(nkf; R
o):
' ki w
Share Capital(va ¡t h) 80,000 1,20,000
Reserve(l a
p; ) 24,000 20,000
Long Term Loan(nh?kZ

d kyhu _ . k) 1,00,000 1,20,000
2,04,000 2,60,000
ASSETS(l Ei fÙk; k¡):

Fixed Assets(LFkkbZl Ei fÙk; k¡) 1,60,000 2,04,000
Sundry Debtors(fofo/k ns
unkj ) 20,000 40,000
a
d ' k"sk)
Bank Balance(cS 24,000 16,000
2,04,000 2,60,000
[ 4 Marks ]

Sol.
Comparative Balance Sheet of Ram Ltd.
As on 2011 and 2012
Absolute Percentage
Note Change Change
Particulars 2011 2012 (Increase or
No. (Increase or
Decrease)
Decrease)
1 2 3 4 5
A B B–A = C D=
(C/A) x 100
(`) (`) (`) %
I. Equity and Liabilities :

1. Shareholders’ Funds :
Share Capital 80,000 1,20,000 40,000 50.00
Reserve 24,000 20,000 (4,000) (16.67)
2. Non-Current Liabilities :
Long Term Borrowings 1,00,000 1,20,000 20,000 20.00
TOTAL 2,04,000 2,60,000 56,000 27.45
II. Assets :
3. Non-Current Assets :
Fixed Assets 1,60,000 2,04,000 44,000 27.50
4. Current Assets :
Sundry Debtors 20,000 40,000 20,000 100.00
Bank Balance 24,000 16,000 (8,000) (33.33)
TOTAL 2,04,000 2,60,000 56,000 27.45
Q 29. j ksd M+i zkfIr dsl EcU/k esauS

fr d vk/kkj i j ys[kkda
u fdl i zd kj fd; k t kr k gS\ (dksbZpkj fcUnq
)
How the Accounting of Cash Receipts can be done on Ethical Basis ? (Any FOUR Points) .
[ 4 Marks ]
Sol.
j ksd M+i zkfIr dsl EcU/k esa%
(i) j ksd M+i zkfIr l sl EcfU/kr l Hkh i zek.kdksai j Øeka
d yxsgksar Fkk mUgsaØeokj O
; ofLFkr fd; k t k; sA
(ii) l Hkh i zek.kdksai j l {ke vf/kdkfj ; ksadsgLr k{kj gksa
A
(iii) l Hkh i zfof"V; ksadsl kFk i zek.kd dk Øeka
d fn[ kk; k t k; sa
A
(iv) l Hkh j ksa
d M+i zkfIr ; k¡ O
; ol k; l sl EcfU/kr gksa
A

Q 30. fufdr k fyfeVsM dh i q
Lr dksal sfuEufyf[ kr l w
puk, sai zkIr dh xbZgS%
Following information have been obtained from the Books of Nikita Ltd.
Particulars 2010 – 11 (`) 2011 – 12 (`)
Revenue from Operations 10,00,000 15,00,000

(l a
pkyu l svkxe)
Trade Receivables on 1st April 1,50,000 ––
st
; ki kfj d i zkI; r k, sa% 1 vi zS
(O y)
Trade Receivables on 31st March 1,75,000 2,50,000
st
; ki kfj d i zkI; r k, sa% 31 ekpZ
(O )
Inventory on 1st April 1,60,000 ––
st
(LdU/k % 1 vi zS
y)
Inventory on 31st March 1,80,000 2,20,000
st
(LdU/k % 31 ekpZ
)
nksuksa o"kksZ
a dsfy; sO
; ki kfj d i zkI; vkor Zvuq
i kr , oaLdU/k vkor Zvuq
i kr dh x. kuk dhft ; sA foØ; i j ykHk
25 % .Calculate Trade Receivables Turnover Ratio and Inventory Turnover Ratio for both the years .
Assuming that Profit on Sales is 25 % .
OR
: fp fyfeVsM dh i q
Lr dksaesafuEuka
fdr l w
puk; snh gq
bZgS
a%
Following information given in the Books of Ruchi Ltd.
– 12 % , 1,000 vf/keku va
' k i zR; sd ` 100
12 % , 1,000 Preference Shares @ ` 100 each ;

– 25,000 l er k va
' k i zR; sd ` 10 ; 25,000 Equity Shares @ ` 10 each
– dj i ' pkr ykHk ` 1,90,000 ; Profit after Tax ` 1,90,000
– l er k va
' kksai j ykHkka
' k pq
d k; k 40 % dh nj l s
Dividend Paid on Equity Shares @ 40 % .
mi j ksDr l w
pukvksadsvk/kkj i j fuEu vuq
i kr ksadh x. kuk dhft ; s%
Calculate following Ratio on the basis of above information :
(i) Earnings Per Share (i zfr va
' k vt Z
u)
(ii) Dividend Per Share (i zfr va
' k ykHkka
' k)
(iii) Dividend Payout Ratio . (ykHkka
' k Hkq
xr ku vuq
i kr )
[ 6 Marks ]
Sol.
Working Note :
1. Cost of Revenue from Operations = Revenue from Operations – Gross Profit

2010 – 11 = ` 10,00,000 – ` 2,50,000
= ` 7,50,000

2011 – 12 = ` 15,00,000 – ` 3,75,000
= `11,25,000
2. Average Trade Receivables

Opening Trade Re ceivables  Clo sin g Trade Re ceivables
=
2
` 1,50,000  ` 1,75,000
2010 – 11 =
2
= `1,62,500
` 1,75,000  ` 2,50,000
2011 – 12 =
2
= `2,12,500
Opening Inventory  Clo sin g Inventory

3. Average Inventory =
2
` 1,60,000  ` 1,80,000
2010 – 11 =
2
= `1,70,000
` 1,80,000  ` 2,20,000
2011 – 12 =
2
= `2,00,000
Re venue from Operations

Trade Receivables Turnover Ratio =
Average Trade Re ceivables
` 10,00,000
2010 – 11 = = 6.153 Times
` 1,62,500
` 15,00,000
2011 – 12 = = 7.058 Times
` 2,12,500
Cost of Re venue from Operations

Inventory Turnover Ratio =
Average Inventory
` 7,50,000
2010 – 11 = = 4.411 Times
` 1,70,000
` 11,25,000
2011 – 12 = = 5.625 Times
` 2,00,000
OR
Working Note :
Calculation of Earnings Available for Equity Shareholders (EAES)

Profit After Tax 1,90,000

Less : Preference Share Dividend (` 1,00,000 x 12 %) 12,000
Earnings Available for Equity Shareholders 1,78,000

Earnings Available for Equity Shareholde rs
(i) Earnings Per Share =
Number of Equity Shares
` 1,78,000
= = `7.12 Per Share
25,000
Dividend Paid to Equity Shareholde rs

(ii) Dividend Per Share =
Number of Equity Shares
` 1,00,000
= = `4Per Share
25,000
Dividend Per Share

(iii) Dividend Pay-out Ratio = x 100
Earnings Per Share
4
= x 100 = 56.179 %
7.12
OR
SECTION – B
Q 24. la
;q
fDr dj . k l svki D; k l e>r sgS\ What do you mean by Networking ?
[ 1 Mark ]
Ans. lw
pukvksadsvknku i znku gsrqdEI; q
Vj dksdbZmi dj . kksal st ksM+
k t kr k gS
A bl esabUVj usV i zeq
[ k gS
A , d NksVs
usVodZds: i esabl syksd y , sfj ; k usVodZ “Local Area Network” (LAN)dsek/; e l st ksM+
k t k l dr k gS
A
cMs+usVodZdsfy; s“Wide Area Network” (WAN)dk i z;ksx fd; k t kr k gS
A
Q 25. ;w
t j bUVj Qsl l svki D; k l e>r sgS\ What do you mean by User Interface ?
[ 1 Mark ]
Ans. mi ; ksxdÙkkZl sl EcU/k LFkkfi r dj usokysLØhUl dksr S

; kj dj uk ] ft l dksfd mi ; ksxdÙkkZns[ksxk r Fkk ft l l s
;w
t j l EcU/k LFkkfi r dj sxk vkS
j vi usdq
N vkdM+
ksadksbui q
V dj sxk vFkok dq
N vkÅVi q
V ns[kuk pkgsxk ] ; w
tj
bUVj Qsl dgykr k gSA t S
l si q
Lr dky; dsfy; sdksbZl kW
¶Vos;j cukuk gksA
Q 26. , Dl sy esaubZodZ
cq
d cukusdh i zfØ; k l e>kb; sA
Explain the Process of Creating a New Workbook in Excel .
[ 2 Marks ]
Ans. , Dl sy esaubZodZ
cq
d dkscukuk % odZ
cq
d cukusdsfy; sfuEu i zfØ; k vi ukbZt kr h gS%
o ekbØksl kW
¶V vkW
fQl , Dl sy 2010 (Microsoft Office Excel 2010) i j fDyd dj usdsckn ekbØksl kW
¶V
vkW
fQl (Microsoft Office)cVu i j fDyd dj sa
A

o U; w(New) i j fDyd dj savkS
j ml dsckn
o CyS
a
d odZ
cq
d (Blank Workbook) i j fDyd dj sa
A , Dl sy fMQkW
YV (Default) : i esa, d fj Dr odZ
cq
d
[ kksy r k gS
A
Q 27. odZ
cq
d la
j puk esaÞl sy dksgVkuk , oadkW
i h dj ukß l svki D; k l e>r sgS\ A
What do you mean by “Moving and Copying Cells” in Structure of Work Book ?
[ 2 Marks ]
Ans.
o l sy dksgVkuk (Moving Cells) % fdl h l sy dks, d LFkku l sdkV dj nw
l j sLFkku esayst kusds
fy; sesuq
ckj (Menu Bar)esa, fMV@dV dk p; u dj savFkok dV cVu i j fDyd dj sa
A
o l sy dksdkW
i h dj uk(Copying Cells) % fdl h l sy dksdkW
i h dj usdsfy; sesuq
ckj (Menu Bar)esa
, fMV@dkW
i h dk p; u dj savFkok dkW
i h cVu i j fDyd dj sa
A
Q 28. ys[kka
d u l kW
¶Vos;j dsi zd kj ksadk mYys[k dhft ; sA Narrate Types of Accounting Software .
[ 4 Marks ]
Ans. ys[kka
d u l k¶Vos;j dsi zd kj (Types of Accounting Software) :dEI; w
Vj hdr̀ ys[kka
d u i z.kkyh esays[kkda
u
dk; Zr Fkk ml dk i zfr osnu l a
LFkk dh vko' ; dr kuq
l kj r S
; kj fd; k t kr k gS
A ys[kkdu l kW
¶Vos;j ft Ugsays[kkda
u
iS
d st dgr sgS] fuEufyf[ kr i zd kj dh gksrh gS%
o mi ; ksx dsfy; sr S
; kj l kW
¶Vos;j (Ready to Use Software)%budk fuekZ
. k fdl h fo' ks"k mi ; ksxdÙkkZds
vuq
l kj ughafd; k t kr k gS
A ; g NksVsO
; ki kfj ; ksadsfy; smi ; ksxh l kW
¶Vos;j gSft udscgq
r de ek=kk esa
O
; ogkj gksrsgS
A buesaxksifu; r k dk vHkko gksrk gS] i j Ur q; g l h[ kusesal j y r Fkk de [ kphZ
y sgksrsgS
A
bl dk i zf' k{k. k l j y gksrk gSr Fkk i zf' k{k. k ykxr Hkh ughayxr h D; ksa
fd foØsrk Lo; agh fcuk fdl h
ykxr dksi zkIr fd; si zf' k{k. k nsnsrk gS
A bu l kW
¶Vos;j esa/kks[ksdh l EHkkouk vf/kd j gr h gSD; ksa
fd
buesaxksifu; r k fuEu Lr j dh j gr h gS
A
o O
; ofLFkr l kW
¶Vos;j (Customized Software)%; g e/; e , oacMs+O
; ki kfj ; ksadsfy; smi ; ksxh gksrsgS
A
budh LFkki uk , oa ns[kj s[k dh ykxr vf/kd j gr h gSD; ksa
fd r S
; kj l kW
¶Vos;j esa mi ; ksxdÙkkZdh
vko' ; dr k dsvuq
l kj i fj or Z
u dj uk i M+
r k gS
A bl esaxksiuh; r k cM+t kr h gSr Fkk vf/kdr̀ O
; fDr gh
bl dk mi ; ksx dj l dr k gS
A ; sl c l q
fo/kk, sami yC/k dj okusdsdkj . k mi ; ksxdÙkkZdsi zf' k{k. k r Fkk
fcØh dsckn dh l sok dh ykxr savf/kd vkr h gS
A
o vko' ; dr kuq
l kj vFkok mi ; q
Dr l kW
¶Vos;j (Tailored Software)%; g i w
. kZ
r ; k%mi ; ksx dj us okys d s
funsZ
' kksadsvuq
l kj r S
; kj fd; k t kr k gS
A bl dh ek¡x cM+
sO; ki kfj d i zfr "Bkuksaesagksrh gS
A t ksHkkS
xksfyd
: i l s nw
j nw
j r Fkk fofHkUu LFkkuksai j gksrs gS
A bl ds mi ; ksxdÙkkZvf/kd gksrs gSr Fkk fcuk mfpr
i zf' k{k. k dsbudk mi ; ksx ughafd; k t k l dr k gS
A i zcU/kdh; l w
puk i z.kkyh esabudk egÙoi .wkZ; ksxnku
j gr k gS
A buesaxksiuh; r k ] vf/kdr̀ r k r Fkk i zkekf. kdr k dh t k¡p dj usdsfy; s, d l q
n`<+i ) fr gksrh gS
A

Q 29. MsVkcsl eS
ust esUV fl LVe dsi zd kj ksadksl e>kb; sA Explain Types of Database Management System .
[ 4 Marks ]
Ans. MsVkcsl eS
ust esUV fl LVe dsi zd kj (Types of Database Management System) %
o gk; j kdhZ
d y (Hierarchical):i w
oZ esa fMt kbu fd; s gq
; s MsVkcsl gk; j kdhZ
d y gksrs Fks] ft udh l a
j puk
i sMuq
ek vkdkj (Treelike Structure) esagksrh FkhA buesa, d esu : V r Fkk ' ks"k ' kk[ kk, saekuh t kr h gS
A
ml ds' kk[ kk, sa(Nodes) gksrsgSr Fkk , d l svusd (One to Many) ds: i esagh ¶yks(Flow) dj r sgsA
bl l s; g , d i fj or Z
u' khy l japuk ughagS
A dksbZHkh Node , Root dksi q
u%l Ei dZughadj l dr h r Fkk
MsVk dk ¶yks(Flow) , d gh fn' kk esagksrk gS
A bUghadfe; ksafd ot g l svkxsMsVkcsl dk fMt kbu
cnyk x; k ] ft l l sMsVk dk l gh l e; i j i w
. kZ, oamfpr i z;ksx fd; k t k l dsa
A
bl sfuEu fp=k ds} kj k n' kkZ
; k x; k gS
A
Root
Node Node
Node Node Node Node
o usVodZ
(Network):us
VodZfl LVe esaMsVkcsl dh l kj h Nodes , d nw
l j sl st q
M+h gq
bZgS] ft l l st gk¡ i j
MsVk ft l Node esapkfg; sog ogk¡ gh mi yC/k dj k fn; k t k; sxk vFkkZ
r ~; g vusd l svusd (Many to
Many Relationship) gSft l esadbZckj mPp MsVk mi yc/kr k dh ot g l sMsVk DyVj dh fLFkfr v k
t kr h gS
At S
l snksNodes ds, d l kFk MsVk Release dj usdh fLFkfr esaft l l sMsVk ; k r ksvki l esa
gh my>dj j g t kr k gSvFkok mfpr LFkku r d ughai gq
¡p i kr kA bl sfuEu fp=k l sn' kkZ
; k x; k gS
A
Node
Node Node
Node
o fj ys'kuy (Relational) : fj ys'kuy MsVkcsl esagk; j kdhZ

d y r Fkk usVodZdh l Hkh vl q
fo/kkvksadk /; ku esa
j [ kdj r huksar j g dk MsVk Flow j [ kk x; k ] t ks, d l s, d ] , d l svusd r Fkk vusd l svusd QkW
eZ
esagksrk gS
A ft l l svko' ; dr kuq
l kj budk i z;ksx dj MsVkcsl l EcU/kh l eL; kvksadksl q
y >k; k t kr k gS
A

Q 30. foÙkh; fo' ys"k. k dsvfr fj Dr Li zsM' khV dsfdUghaN%mi ; ksxksadksfyf[ k; sA
Explain any SIX Uses of Spread Sheet , Except Financial Analysis .
OR
fuEuka
fdr i fj fLFkfr ; ksaesaLi zsM' khV dsys[kka
d u esai z;ksx dksl e>kb; s%
Discuss the Application of Spread Sheet in Accounting in following cases :
(i) Calculation of Expenses . ([ kpksZ
adh x. kuk)
(ii) Calculation of Income . (vk; dh x. kuk)
[ 6 Marks ]
Ans.
Li zS
M' khV dsvU; mi ; ksx (Other Uses of Spreadsheet) % foÙkh; fooj . kksadsfo' kys"k. k dsvfr fj Dr ys[kkdkj ksa
, oafuos'kdksa} kj k Li zS
M' khV dk i z;ksx vU; dbZys[kk , oafoÙk l EcU/kh dk; ksZ
adsfy; sfd; k t k l dr k gS
A dq
N
egRoi w
. kZfoÙkh; dk; ksZ
adk mYys[k fuEufyf[ kr esafd; k x; k gS%
(i) dj dh x. kuk (Calculation of Tax) %
Li zS
M' khV } kj k fofHkUu i zd kj dsdj t S
l svk; dj ] foØ; dj ]
dLVe M; w
Vh ] l foZ
l VS
Dl vkfn dh x. kuk , oamul sl EcfU/kr l zksrksadsvk/kkj i j dj ksadk i w
okZ
uq
eku
yxk; k t k l dr k gS
A bl sfuEufyf[ kr mnkgj . k } kj k l e>k; k x; k gS
A dkW
y e A esafcØh l EcU/kh vk¡d M+
s
fn; sgq
; sgS
A ft l i j 10 % dh nj l sfcØh dj yxk; k x; k gS
A ft l dh x. kuk fuEu ew
y lw
=k } kj k dh
xbZgS%(fcØh dh j kf' k * dj dk i zfr ' kr )A , Dl sy l w
=k dsvuq
l kj nh xbZl kj . kh esabl l w
=k dksfuEu
i zd kj l syxk; k x; k gS
A bl dk fl UVsDl gS% =(A1 * 0.5) ft l dh x. kuk dh j kf' k dksl sy B1 esa
n' kkZ
; k x; k gS
A
dj dh ykxr
A B
Sales Tax
1 20 10
2 30 15
3 40 20
4 50 25
5 30 15
6 40 20
7 70 35
8 80 40
9 60 30
10 100 50
(ii) _ . k dh fd' r dh x. kuk (Calculation of Installment) : fdl h fuf' pr yksu j kf' k i j pØof̀r
C;kt yxkusdh n' kk esaekfl d fd' r dh x. kuk esaPMT l w
=k } kj k i zfr ekg ns; fd' r dh x. kuk dh t k
l dr h gS
A PMT Qa
D' ku dk ew
y lw
=k gS% PMT(rate,nper,pv,[fv],[type]) ; gk¡ i j
r = Rate of Interest ; nper = Total Payments for Loan ; pv = Principal Amount
mnkgj . k dsfy; s; fn O
; ol k; us6.75 i zfr ' kr dh nj i j ` 2,00,000 dk _ . k cS
a
d l s30 o"kZdsfy; s
fy; k gS] r ksi zfr ekg nh t kusokyh fd' r dh x. kuk uhpsfn; sx; sfuEu l w
=k l sdh t k; sxh %
= PMT(B4/B5,B3*5,B2) i zfr ekg ns; j kf' k dksB6 esava
fdr fd; k x; k gS
A

fd' r dh x. kuk
A B
1 Loan Data `
2 Principal Amount 2,00,000
3 Loan Term 30
4 Interest Rate 6.75 %
5 Payment Per Year 12
6 Instalment (`) 1297.20
(iii) ; fn i zfr ekg nh t kusokyh fd' r esal sÞew

y j kf' kß (Principal Amount) dh x. kuk dj uh gksr ksbl
n' kk esaPPMT Qa
D' ku dk i z;ksx fd; k t k; sxk %
= PPMT(rate/payment in a year,1,years*payment in a year,Amount)
mnkgj . k ] ; fn C;kt nj 10 i zfr ' kr gS, oa_ . k dh fd' r i zfr ekg dsvk/kkj i j ns; gSr Fkk _ . k dh
dq
y j kf' k ` 1,00,000 , oaHkq
xr ku vof/k 5 o"kZgSr ksi zfr ekg nh t kusokyh fd' r esaÞew
y j kf' kß dh
x. kuk fuEu l w
=k l sdh t k; sxh % = PPMT(10/12,1,5912,100000) bl l w
=k } kj k fd' r ` 1291.37
gksxhA bl sfuEufyf[ kr fp=k } kj k n' kkZ
; k x; k gS% = PPMT (B1/B3,A7,B2*B3,B4)
(iv) bl h i zd kj i zfr ekg nh t kusokyh fd' r esaÞC;kt ß dh x. kuk dj usgsrqPMT Qa

D' ku dk i z;ksx fd; k
t k; sxkA mi ; q
Z
Dr mnkgj . k esabl dk mi ; kx fuEu l w
=k } kj k fd; k t k; sxk %
= IPMT(10/12,1,5*12,100000) = IPMT(B1/B3,A7,B2*B3,B4)

(v) iw
¡t h vFkok _ . k i j l k/kkj . k C;kt dh x. kuk dj uk (Calculation of simple interest on Capital and
Loan) i w
¡t h vFkok _ . k i j C;kt dh x. kuk ew
y j kf' k (Principal Amount) i j , d fu/kkZ
fj r nj l sdh
t kr h gS
A bl dsfy; sfuEu l w
=k dk i z;ksx gksrk gS% (Principal Amount) x Rate/100
; g fuEu mnkgj . k } kj k l e>k t k l dr k gS%
; fn 100000 dh j kf' k 8 i zfr ' kr C;kt nj i j 5 o"kksZ
adsfy; syh xbZgSr ksC;kt x. kuk dj usdsfy; s
(100000*8/100) = ` 8000 i zfr o"kZdsfgl kc l sC;kt ns; gksxkA 5 o"kksZ
adsC;kt dh x. kuk dsfy; s
(100000*8/100)*5 dj uk gks
xkA fp=k dsvuq
l kj 5 o"kksZ
adsC;kt dh x. kuk gsrqfl UVsDl gksxk %
=(B1/B2)*B3 vFkok = B1*.08
C;kt dh x. kuk
A B C D
1 Principal Amount 100000
2 Rate .08 %
3 Year 5
4
(vi) fuos'k i j dq
y C;kt dh x. kuk (Calculation of Total Income on Investment) %
C;kt i j dq
y vk; dh x. kuk dj usdsfy; sew
y j kf' k ft r uso"kksZ
adsckn i fj i Do gksj gh gSmr uso"kksZ
a
dsdq
y C;kt i zfr ' kr (pØor hZ
; ) l sxq
. kk dj fn; k t kr k gS
A mnkgj . k dsfy; s1 o"kZckn 8 i zfr ' kr dh
nj l s; fn `100 fuos'k fd; st kr sgSr ks1 o"kZckn og dq
y `108 gkst k; sa
xsA
; g fuEu l kj . kh } kj k n' kkZ
; k x; k gS%

OR
(i) [ kpksZ
adh x. kuk % fp=k esa=kS
ekfl d [ kpksZ
adk fooj . k fn; k x; k gS
A gj eghusdk dq
y [ kpZl sy E 12 ,
F 12 , oaG 12 es
an' kkZ
; k x; k gS
A bl h i zd kj fdl h , d [ kpsZdk r huksaekg dsdq
y [ kpksa
Zdks16 l s
110 r d n' kkZ
; k x; k gS
A bl dh x. kuk dj usdsfy; sSUM l w
=k dk i z;ksx fd; k x; k gS
At S
l sRENT
dh r huksaeghuksadh j kf' k fudkyusdsfy; s=SUM(E6 : G6) dksl sy 16 esaVkbZ
i fd; k x; k gS
A bl h
i zd kj t uoj h ekg dsdq
y [ kpksZdh x. kuk l w
=k =SUM(E6 : E10) ds} kj k dh xbZgS
A
(ii) vk; dh x. kuk % O

; ki kj esagksusokyh vk; dh x. kuk Hkh Li zS
M' khV } kj k dh t k l dr h gS
A ; g x. kuk
okf"kZ
d ] v) Z
okf"kZ
d ] =kS
ekfl d vkfn dsvuq
l kj dh t k l dr h gS
A vk; ; k O
; ; l sl EcfU/kr fdl h Hkh
i zd kj dk ct V cukusgsrq, Dl y Li zS
M' khV l sMsVk dksgLr ka
r fj r fd; k t k l dr k gS
A bl h i zd kj fdl h
eghusesade ; k T; knk [ kpZdksHkh fpfUgr fd; k t k l dr k gS
A bl h i zd kj fn[ kk; sx; sfp=k esa=kS
ekfl d
vk; dh x. kuk dksn' kkZ
; k x; k gS
A bl l kj . kh esaHkh SUM l w
=k dk i z;ksx fd; k x; k gS
A

___________________________________________________________________________________________________________
Disclaimer Clause :
These Solutions are prepared by the Expert Faculty Team of RESONANCE .
Views and Answers provided may differ from RBSE BOARD due to difference in assumptions taken in support of the answers .
In such case answers as provided by “RBSE BOARD” will be deemed as final .

Accountancy exam questions

Caricato da

Informazioni sul documento

Descrizione originale:

Titolo originale

Copyright

Formati disponibili

Condividi questo documento

Condividi o incorpora il documento

Opzioni di condivisione

Hai trovato utile questo documento?

Questo contenuto è inappropriato?

Copyright:

Formati disponibili

Accountancy exam questions

Caricato da

Copyright:

Formati disponibili

Code No.

mPp ek/; fed i j h{kk, 2019

Time : 3 Hours 15 Minutes Maximum Marks :80

 l Hkh i z'u vfuok; ZgS

 i zR; sd i z'u dk mÙkj nh xbZmÙkj i q

 i z'u i =k dsfgUnh , oava

` Resonance Eduventures Ltd. CIN-U80302RJ2007PLC024029 ____________________________________________________Page 1

Section Q. Nos. Marks Per Question

 [ k. M+‘A’ l Hkh Nk=kksadsfy; svfuok; ZgS

` Resonance Eduventures Ltd. CIN-U80302RJ2007PLC024029 ____________________________________________________Page 2

Q 3. eer k r Fkk euq5 : 3 dsvuq

` Resonance Eduventures Ltd. CIN-U80302RJ2007PLC024029 ____________________________________________________Page 3

Q 5. QeZdsl eki u l svki D; k l e>r sgS\

` Resonance Eduventures Ltd. CIN-U80302RJ2007PLC024029 ____________________________________________________Page 4

` Resonance Eduventures Ltd. CIN-U80302RJ2007PLC024029 ____________________________________________________Page 5

Q 11. X , Y r Fkk Z 3 : 3 : 2 dsvuq

` Resonance Eduventures Ltd. CIN-U80302RJ2007PLC024029 ____________________________________________________Page 6

Qk; nsdk vuq

Q 12. fLFkfr fooj . k dsÞl a

(iii) (i zfr Hkw

(iv) (_ . ki =k ' kks/ku l a

` Resonance Eduventures Ltd. CIN-U80302RJ2007PLC024029 ____________________________________________________Page 7

` Resonance Eduventures Ltd. CIN-U80302RJ2007PLC024029 ____________________________________________________Page 8

Profit and Loss Appropriation Account

` Resonance Eduventures Ltd. CIN-U80302RJ2007PLC024029 ____________________________________________________Page 9

Q 17. j ksfgr vkS

Dr. Rahul’s Account Cr.

` Resonance Eduventures Ltd. CIN-U80302RJ2007PLC024029 ____________________________________________________Page 10

(i) l kekU; deh' ku Ordinary / General Commission

(ii) i fj ' kks/k deh' ku Del-Credere Commission .

` Resonance Eduventures Ltd. CIN-U80302RJ2007PLC024029 ____________________________________________________Page 11

Cash-in-Hand (Opening) (i zkj fEHkd j ksd M+' ks"k) 40,000

Donation Received (nku i zkIr fd; k) 2,00,000

Subscription Received (pUnk i zkIr fd; k) 4,00,000

Paid for Electricity Bill (fct yh fcyksadk Hkq

` Resonance Eduventures Ltd. CIN-U80302RJ2007PLC024029 ____________________________________________________Page 12

Amount Received from Legacy (ol h; r l si zkIr j kf' k) 50,000

Subscription Received in Current Year (pkywo"kZesai zkIr pUnk) 25,000

Outstanding Subscription of Current Year (pkywo"kZdk cdk; k pUnk) 5,000

Entrance Fees ` 20,000, (50 % Part should be Capitalized)

General Donation Received(l kekU

` Resonance Eduventures Ltd. CIN-U80302RJ2007PLC024029 ____________________________________________________Page 13

Q22. l ksuwr Fkk eksuwØe' k%3 : 2 dsvuq

` Resonance Eduventures Ltd. CIN-U80302RJ2007PLC024029 ____________________________________________________Page 14

` Resonance Eduventures Ltd. CIN-U80302RJ2007PLC024029 ____________________________________________________Page 15

2. Calculation of Capital of Tonu :

Dr. Revaluation Account Cr.

Dr. Partners’ Capital Account Cr.

To Goodwill A/c. 5,400 3,600 –– By Balance b/d. 30,000 15,000 ––

43,377 23,918 –– 43,377 23,918 ––

To Balance c/d. 37,977 20,318 29,148 By Balance b/d. 37,977 20,318 ––

37,977 20,318 29,148 37,977 20,318 29,148

` Resonance Eduventures Ltd. CIN-U80302RJ2007PLC024029 ____________________________________________________Page 16

Dr. Revaluation Account Cr.

Dr. Partners’ Capital Account Cr.

 1 : 1 : 1 By A’s Capital A/c. –– 3,000 ––

To B’s Capital A/c. 3,000 –– 3,000  1 : 1

By Revaluation A/c. 2,200 2,200 2,200

21,200 22,200 14,200 21,200 22,200 14,200

Balance Sheet as at 1stApril , 2015

` Resonance Eduventures Ltd. CIN-U80302RJ2007PLC024029 ____________________________________________________Page 17

` Resonance Eduventures Ltd. CIN-U80302RJ2007PLC024029 ____________________________________________________Page 18