
	Trending ▼ ICSE CBSE 10th ISC CBSE 12th CTET GATE UGC NET Vestibulares ResFinder

CBSE Class 12 Board Exam 2018 : Accountancy

27 pages, 71 questions, 0 questions with responses, 0 total responses,

	cbse12	+Fave Message
	Profile Timeline Uploads Q & A

Home > cbse12 >

Instantly get Model Answers to questions on this ResPaper. Try now!
NEW ResPaper Exclusive!

Formatting page ...

SET-1 H$moS> Z . Series SGN Code No. amob Z . 67/1 narjmWu H$moS >H$mo C ma-nwp VH$m Ho$ _wI-n >na Ad ` {bIo & Roll No. Candidates must write the Code on the title page of the answer-book. H $n`m Om M H$a b| {H$ Bg Z-n _o _w{ V n > 27 h & Z-n _| Xm{hZo hmW H$s Amoa {XE JE H$moS >Z ~a H$mo N>m C ma -nwp VH$m Ho$ _wI-n > na {bI| & H $n`m Om M H$a b| {H$ Bg Z-n _| 23 Z h & H $n`m Z H$m C ma {bIZm ew $ H$aZo go nhbo, Z H$m H $_m H$ Ad ` {bI| & Bg Z-n H$mo n T>Zo Ho$ {bE 15 {_ZQ >H$m g_` {X`m J`m h & Z-n H$m {dVaU nydm _| 10.15 ~Oo {H$`m OmEJm & 10.15 ~Oo go 10.30 ~Oo VH$ N>m Ho$db Z-n H$mo n T>|Jo Am a Bg Ad{Y Ho$ Xm amZ do C ma-nwp VH$m na H$moB C ma Zht {bI|Jo & Please check that this question paper contains 27 printed pages. Code number given on the right hand side of the question paper should be written on the title page of the answer-book by the candidate. Please check that this question paper contains 23 questions. Please write down the Serial Number of the question before attempting it. 15 minute time has been allotted to read this question paper. The question paper will be distributed at 10.15 a.m. From 10.15 a.m. to 10.30 a.m., the students will read the question paper only and will not write any answer on the answer-book during this period. boImem ACCOUNTANCY {ZYm [aV g_` : 3 K Q>o A{YH$V_ A H$ : 80 Time allowed : 3 hours 67/1 Maximum Marks : 80 1 P.T.O. gm_m ` {ZX}e : (i) `h Z-n Xmo I S>m| _| {d^ $ h H$ Am a I & (ii) I S> H$ g^r Ho$ {bE A{Zdm` h & (iii) I S> I Ho$ Xmo {dH$ n h - {d mr` {ddaUm| H$m {d bofU VWm A{^H${b boIm H$Z & (iv) I S> I go Ho$db EH$ hr {dH$ n Ho$ Zm| Ho$ C ma {b{IE & (v) {H$gr Z Ho$ g^r I S>m| Ho$ C ma EH$ hr WmZ na {bIo OmZo Mm{hE & General Instructions : (i) This question paper contains two parts A and B. (ii) Part A is compulsory for all. (iii) Part B has two options Analysis of Financial Statements and Computerised Accounting. (iv) Attempt only one option of Part B. (v) All parts of a question should be attempted at one place. I S> H$ (gmPoXmar \$_m] VWm H$ n{Z`m| Ho$ {bE boIm H$Z) PART A (Accounting for Partnership Firms and Companies) 1. A{_V VWm ~rZm EH$ \$_ Ho$ gmPoXma Wo VWm 3 : 1 Ho$ AZwnmV _| bm^-hm{Z ~m Q>Vo Wo & C hm|Zo bm^ Ho$ 1 ^mJ Ho$ {bE M_Z H$mo EH$ Z`m gmPoXma ~Zm`m & M_Z Zo AnZo ^mJ 6 H$m 2 ^mJ A{_V go m {H$`m & 5 M_Z Zo ~rZm go {H$VZm ^mJ m {H$`m ? 1 Amit and Beena were partners in a firm sharing profits and losses in the 1 ratio of 3 : 1. Chaman was admitted as a new partner for th share in 6 2 the profits. Chaman acquired th of his share from Amit. 5 How much share did Chaman acquire from Beena ? 2. ZrVy, _rVy VWm Q>rQy> EH$ \$_ Ho$ gmPoXma Wo & 1 OZdar, 2018 H$mo _rVy Zo AdH$me J hU {H$`m & _rVy Ho$ AdH$me J hU H$aZo na \$_ H$s `m{V H$m _y `m H$Z < 4,20,000 {H$`m J`m & _rVy Ho$ AdH$me J hU H$aZo na `m{V Ho$ boIm H$Z Ho$ {bE Amd `H$ amo OZm_Mm {dp Q> H$s{OE & st Neetu, Meetu and Teetu were partners in a firm. On 1 January, 2018, Meetu retired. On Meetu s retirement the goodwill of the firm was valued at < 4,20,000. Pass necessary journal entry for the treatment of goodwill on Meetu s retirement. 67/1 2 1 3. n[ag n{ m`m| VWm Xo`VmAm| Ho$ {ZnQ>mZ Ho$ AmYma na gmPoXmar Ho$ {dKQ>Z VWm gmPoXmar \$_ Ho$ {dKQ>Z _| A V^ oX H$s{OE & 1 Distinguish between Dissolution of partnership and Dissolution of partnership firm on the basis of settlement of assets and liabilities. 4. [aVoe VWm {hVoe ~MnZ Ho$ Xmo V h & [aVoe EH$ nam_e XmVm h O~{H$ {hVoe EH$ dm VwH$ma h & C hm|Zo ~am~a am{e H$m A eXmZ H$aHo$ < 2 H$amo S> _| EH$ ^dZ IarXm & EH$ df n MmV C hm|Zo Cgo < 3 H$amo S> _| ~oM {X`m Am a bm^m| H$mo ~am~a-~am~a ~m Q> {b`m & `m do gmPoXmar _| `dgm` H$a aho h ? AnZo C ma Ho$ g_W Z _| H$maU Xr{OE & 1 Ritesh and Hitesh are childhood friends. Ritesh is a consultant whereas Hitesh is an architect. They contributed equal amounts and purchased a building for < 2 crores. After a year, they sold it for < 3 crores and shared the profits equally. Are they doing the business in partnership ? Give reason in support of your answer. 5. `m g {MV ny Or , A-A{^X m ny Or AWdm A`m{MV ny Or H$m ^mJ h ? 1 Is Reserve Capital a part of Unsubscribed Capital or Uncalled Capital ? 6. G$Un m| H$m g nmp d H$ {V^y{V Ho$ $n _| {ZJ _Z H$m AW ~VmBE & 1 Give the meaning of Debentures issued as Collateral Security . 7. O` V, H$m{V H$ VWm brZm EH$ \$_ Ho$ gmPoXma Wo VWm 5 : 2 : 3 Ho$ AZwnmV _| bm^-hm{Z ~m Q>Vo Wo & H$m{V H$ H$m Xohm V hmo J`m VWm O` V Ed brZm Zo `dgm` H$mo Mmby aIZo H$m {ZU ` {H$`m & CZH$m A{Ybm^ AZwnmV 2 : 3 Wm & O` V VWm brZm Ho$ ZE bm^ gh^mOZ AZwnmV H$s JUZm H$s{OE & 3 Jayant, Kartik and Leena were partners in a firm sharing profits and losses in the ratio of 5 : 2 : 3. Kartik died and Jayant and Leena decided to continue the business. Their gaining ratio was 2 : 3. Calculate the new profit sharing ratio of Jayant and Leena. 8. A e H$m `m AW h ? nydm {YH$mar A em| d g_Vm A em| _| H$moB Xmo A Va Xr{OE & 3 What is meant by a Share ? Give any two differences between Preference Shares and Equity Shares . 67/1 3 P.T.O. 9. EH$ Q >H$ {d{Z_m U H$ nZr EZ.Ho$. {b{_Q>oS> < 1,00,00,000 H$s A{YH $V n yOr Ho$ gmW n OrH $V h Omo < 100 `oH$ Ho$ g_Vm A em| _| {d^ $ h & H$ nZr H$s A{^X m VWm X m ny Or < 50,00,000 h & H$ nZr Zo amO WmZ Ho$ Pmbmdm S> {Obo _| {d{e Q> `mo `Vm dmbo ~ m| H$mo {ejU XooZo Ho$ {bE VH$ZrH$s {d mb` ImobZo H$m {ZU ` {b`m & `h BZH$mo AnZr {d{^ {d{Z_m U BH$mB`m| _| VWm Amgnmg Ho$ jo Ho$ C moJm| _| amo OJma Cnb Y H$amZo H$s `moOZm ~Zm ahr h & Bg n[a`moOZm H$s ny OrJV Amd `H$VmAm| H$mo nyam H$aZo Ho$ {bE H$ nZr Zo OZVm H$mo {ZJ _Z hoVw 20,000 A em| H$m Vmd {H$`m & g^r A e nyU $n go A{^X m VWm nyU X m hmo JE & H$ nZr A{Y{Z`_, 2013 H$s AZwgyMr _| A e ny Or H$mo X{e V H$s{OE & III Ho$ mdYmZm| Ho$ AZwgma H$ nZr Ho$ p W{V {ddaU Eogo {H$ ht Xmo _y `m| H$s nhMmZ ^r H$s{OE {OZH$mo H$ nZr g o{fV H$aZm MmhVr h & NK Ltd., a truck manufacturing company, is registered with an authorised capital of < 1,00,00,000 divided into equity shares of < 100 each. The subscribed and paid up capital of the company is < 50,00,000. The company decided to open technical schools in the Jhalawar district of Rajasthan to train the specially abled children of the area. It is planning to provide them employment in its various production units and industries in the neighbourhood area. To meet the capital expenditure requirements of the project, the company offered 20,000 shares to the public for subscription. The shares were fully subscribed and paid. Present the share capital in the Balance Sheet of the company as per the provisions of Schedule III of the Companies Act, 2013. Also identify any two values that the company wants to communicate. 67/1 4 3 10. dr.Ho$. {b{_Q>oS> H$s nw VH$m| _| [a $ N>mo S>r JB {Z Z{b{IV amo OZm_Mm {dp Q>`m| H$mo nyam H$s{OE dr.Ho$. {b{_Q>oS> amo OZm_Mm ~.n . Zm_ am{e O_m am{e {V{W {ddaU g . < < 2018 ........................................ Zm_ .......... \$adar 01 .......... ........................................ ( d` Ho$ 500, < 100 `oH$ Ho$ 9% G$Un m| H$m H $` < 97 `oH$ na Vwa V a H$aZo hoVw {H$`m J`m) \$adar 01 ........................................ Zm_ .......... .......... .......... ........................................ ........................................ .......... ( d` Ho$ G$Un m| H$mo a {H$`m J`m) ........................................ Zm_ : 3 .......... ........................................ .......... (.............................................) Complete the following journal entries left blank in the books of VK Ltd. : VK Ltd. Journal Debit Credit Date Particulars L.F. Amount Amount < 2018 ............................... Dr ............................... February 01 (Purchased own 500, 9% debentures of < 100 each at < 97 each for immediate cancellation) February 01 ............................... Dr ............................... ............................... (Cancelled own debentures) .......... ............................... Dr ............................... (...................................) 67/1 5 < .......... .......... .......... .......... .......... .......... .......... P.T.O. 11. ~Zdmar, {JaYmar VWm _wamar EH$ \$_ Ho$ gmPoXma h VWm 4 : 5 : 6 Ho$ AZwnmV _| bm^-hm{Z ~m Q>Vo h & 31 _mM , 2014 H$mo {JaYmar Zo AdH$me J hU {H$`m & Bg {V{W H$mo ~Zdmar, {JaYmar VWm _wamar H$s ny Or g^r Amd `H$ g_m`moOZm| go nyd H $_e: < 2,00,000, < 1,00,000 VWm < 50,000 Wt & {JaYmar Ho$ AdH$me J hU H$aZo na \$_ H$s `m{V H$m _y ` < 1,14,000 Am H$m J`m & n[ag n{ m`m| Ho$ nwZ_y `m H$Z Ed Xo`VmAm| Ho$ nwZ{Z Ym aU H$m n[aUm_ < 6,000 H$m bm^ Wm & \$_ H$s nw VH$m| _| gm_m ` g M` < 30,000 H$m Wm & {JaYmar H$mo Xo` am{e CgHo$ G$U ImVo _| h Vm V[aV H$a Xr JB & ~Zdmar VWm _wamar, {JaYmar H$mo < 75,000 {V df H$s Xmo dm{f H$ {H$ Vm| _| {Og_| W_ Xmo dfm] H$s ~H$m`m eof am{e na 10% dm{f H$ `mO gp _{bV hmoJm, VWm eof am{e H$m ^wJVmZ `mO g{hV Vrgao df H$aZo H$mo gh_V h E & \$_ {V df AnZr nw VH|$ 31 _mM H$mo ~ X H$aVr h & H$m` H$mar {Q> n{U`m| H$mo n Q> $n go Xem Vo h E {JaYmar H$m G$U ImVm V `ma H$s{OE O~ VH$ CgH$m nyU ^wJVmZ hmo & Banwari, Girdhari and Murari are partners in a firm sharing profits and losses in the ratio of 4 : 5 : 6. On 31st March, 2014, Girdhari retired. On that date the capitals of Banwari, Girdhari and Murari before the necessary adjustments stood at < 2,00,000, < 1,00,000 and < 50,000 respectively. On Girdhari s retirement, goodwill of the firm was valued at < 1,14,000. Revaluation of assets and re-assessment of liabilities resulted in a profit of < 6,000. General Reserve stood in the books of the firm at < 30,000. The amount payable to Girdhari was transferred to his loan account. Banwari and Murari agreed to pay Girdhari two yearly instalments of < 75,000 each including interest @ 10% p.a. on the outstanding balance during the first two years and the balance including interest in the third year. The firm closes its books on 31st March every year. Prepare Girdhari s loan account till it is finally paid showing the working notes clearly. 67/1 6 4 12. Amem VWm A{X{V EH$ \$_ _| gmPoXma h VWm 3 : 2 Ho$ AZwnmV _| bm^-hm{Z ~m Q>Vo h & C hm|Zo amKd H$mo gmPoXma Ho$ $n _| \$_ Ho$ bm^m| _| 1 ^mJ Ho$ {bE doe {X`m & amKd 4 AnZr ny Or Ho$ $n _| < 6,00,000 VWm AnZo {h go H$s `m{V ZJX bm`m & \$_ H$s `m{V H$m _y `m H$Z {nN>bo Mma dfm] Ho$ Am gV bm^ Ho$ Xmo dfm] Ho$ H $` Ho$ AmYma na {H$`m J`m & EH$ \$_ Ho$ {nN>bo Mma dfm] H$m bm^ {Z Z H$ma go Wm : df 2013 14 2014 15 2015 16 2016 17 bm^ (<) 3,50,000 4,75,000 6,70,000 7,45,000 {Z Z{b{IV A{V[a V gyMZm Xr JB h : (i) `m{V _y `m H$Z Ho$ {bE < 56,250 ~ YH$s` bmJV Ho$ dm{f H$ ^ma H$mo ^r gp _{bV {H$`m OmZm h & (ii) 31 _mM , 2017 H$mo g_m V h E df H$m Ap V_ Q>m H$ < 15,000 A{YH$ Am H$m J`m & H$m` H$mar {Q> n{U`m| H$mo n Q> $n go Xem Vo h E amKd Ho$ doe na Amd `H$ amo OZm_Mm {dp Q>`m H$s{OE & 4 Asha and Aditi are partners in a firm sharing profits and losses in the 1 ratio of 3 : 2. They admit Raghav as a partner for th share in the profits 4 of the firm. Raghav brings < 6,00,000 as his capital and his share of goodwill in cash. Goodwill of the firm is to be valued at two years purchase of average profits of the last four years. The profits of the firm during the last four years are given below : Year Profit (<) 2013 14 3,50,000 2014 15 4,75,000 2015 16 6,70,000 2016 17 7,45,000 The following additional information is given : (i) To cover management cost an annual charge of < 56,250 should be made for the purpose of valuation of goodwill. (ii) The closing stock for the year ended 31.3.2017 was overvalued by < 15,000. Pass necessary journal entries on Raghav s admission showing the working notes clearly. 67/1 7 P.T.O. 13. Ud, H$aZ VWm ahr_ EH$ \$_ Ho$ gmPoXma Wo VWm 2 : 2 : 1 Ho$ AZwnmV _| bm^-hm{Z ~m Q>Vo Wo & 31 _mM , 2017 H$mo CZH$m p W{V {ddaU {Z Z H$ma go Wm : 31.3.2017 H$mo Ud, H$aZ VWm ahr_ H$m p W{V {ddaU Xo`VmE am{e < n[ag n{ m`m am{e < boZXma 3,00,000 Wm`r n[ag n{ m`m 4,50,000 gm_m ` g M` 1,50,000 Q>m H$ 1,50,000 XoZXma 2,00,000 ~ H$ 1,50,000 ny Or : Ud 2,00,000 H$aZ 2,00,000 ahr_ 1,00,000 5,00,000 9,50,000 9,50,000 12.6.2017 H$mo H$aZ H$s _ `w hmo JB & gmPoXmar g boI Ho$ AZwgma _ VH$ gmPoXma Ho$ d Y {Z nmXH$m| H$mo {Z Z Xo` Wm : (i) CgHo$ n yOr ImVo H$m eof & (ii) n yOr na 12% {V df `mO & (iii) `m{V H$m ^mJ & H$aZ H$s _ `w na \$_ H$s `m{V H$m _y `m H$Z < 60,000 {H$`m J`m & (iv) _ `w H$s {V{W VH$ \$_ Ho$ bm^ _| CgH$m ^mJ, {OgH$s JUZm \$_ Ho$ {nN>bo df Ho$ bm^ Ho$ AmYma na H$s OmEJr & 31.3.2017 H$mo g_m V h E df _| \$_ H$m bm^ < 5,00,000 Wm & H$aZ Ho$ {Z nmXH$m| H$mo VwV H$aZo Ho$ {bE CgH$m ny Or ImVm V `ma H$s{OE & 67/1 8 6 Pranav, Karan and Rahim were partners in a firm sharing profits and losses in the ratio of 2 : 2 : 1. On 31st March, 2017 their Balance Sheet was as follows : Balance Sheet of Pranav, Karan and Rahim as on 31.3.2017 Amount Liabilities < Assets Amount < Creditors 3,00,000 Fixed Assets 4,50,000 General Reserve 1,50,000 Stock 1,50,000 Capitals Pranav 2,00,000 Karan 2,00,000 Rahim 1,00,000 Debtors 2,00,000 Bank 1,50,000 5,00,000 9,50,000 9,50,000 Karan died on 12.6.2017. According to the partnership deed, the legal representatives of the deceased partner were entitled to the following : (i) Balance in his Capital Account. (ii) Interest on Capital @ 12% p.a. (iii) Share of goodwill. Goodwill of the firm on Karan s death was valued at < 60,000. (iv) Share in the profits of the firm till the date of his death, calculated on the basis of last year s profit. The profit of the firm for the year ended 31.3.2017 was < 5,00,000. Prepare Karan s Capital Account to be presented to his representatives. 67/1 9 P.T.O. 14. M Xa VWm Xm{_Zr EH$ \$_ Ho$ gmPoXma Wo VWm bm^-hm{Z ~am~a ~m Q>Vo Wo & 2017 H$mo CZH$m p W{V {ddaU {Z Z H$ma go Wm : 31.3.2017 H$mo am{e 1,04,000 ny Or : 2,50,000 2,16,000 am{e n[ag n{ m`m < {d{dY boZXma 4,66,000 < ~ H$ _| amoH$ S> 30,000 m ` {~b 45,000 XoZXma 75,000 \$ZuMa 1,10,000 ^y{_ VWm ^dZ 3,10,000 5,70,000 1.4.2017 ~Zm`m : H$mo C hm|Zo bm^ Ho$ 1 3 5,70,000 ^mJ Ho$ {bE E{bZm H$mo {Z Z eVm] na EH$ Z`m gmPoXma (i) E{bZm AnZr n yOr Ho$ {bE < 3,00,000 VWm `m{V r{_`_ Ho$ AnZo ^mJ Ho$ {bE < 50,000 bmEJr, {OgHo$ AmYo H$m M Xa VWm Xm{_Zr AmhaU H$a b|Jo & (ii) < 5,000 Ho$ XoZXmam| H$m boIm Zht {H$`m J`m Wm & (iii) \$ZuMa H$mo 10% H$_ {H$`m OmEJm VWm m ` {~bm| d XoZXmam| na Sy>~V Ed g {X Y G$Um| Ho$ {bE 5% H$m mdYmZ {H$`m OmEJm & (iv) ^y{_ VWm ^dZ Ho$ _y ` _| (v) \$_ Ho$ {d j{Vny{V H$m EH$ Xmdm Wm, BgHo$ {bE < g OZ {H$`m OmEJm & 20% H$s ~ T>moVar H$s OmEJr & nwZ_y `m H$Z ImVm VWm gmPoXmam| Ho$ ny Or ImVo V `ma H$s{OE & 67/1 _mM , M Xa VWm Xm{_Zr H$m p W{V {ddaU Xo`VmE M Xa Xm{_Zr 31 10 8,000 H$s EH$ Xo`Vm H$m 6 Chander and Damini were partners in a firm sharing profits and losses equally. On 31st March, 2017 their Balance Sheet was as follows : Balance Sheet of Chander and Damini as on 31.3.2017 Amount Liabilities < Sundry Creditors Chander 2,50,000 2,16,000 < 1,04,000 Cash at Bank Capitals Damini Amount Assets 30,000 Bills Receivable 45,000 Debtors 75,000 4,66,000 Furniture 1,10,000 Land and Building 5,70,000 On 1.4.2017, they admitted Elina as a new partner for profits on the following conditions : (i) 3,10,000 5,70,000 1 rd share in the 3 Elina will bring < 3,00,000 as her capital and < 50,000 as her share of goodwill premium, half of which will be withdrawn by Chander and Damini. (ii) Debtors to the extent of < 5,000 were unrecorded. (iii) Furniture will be reduced by 10% and 5% provision for bad and doubtful debts will be created on bills receivables and debtors. (iv) Value of land and building will be appreciated by 20%. (v) There being a claim against the firm for damages, a liability to the extent of < 8,000 will be created for the same. Prepare Revaluation Account and Partners Capital Accounts. 67/1 11 P.T.O. 15. 1 A b, 2014 H$mo Ho$.Ho$. {b{_Q>oS> Zo < 1,000 `oH$ Ho$ 5,000, 10% G$Un m| H$mo 6% Ho$ ~ >o na {ZJ {_V H$aZo Ho$ {bE AmdoXZ Am_p V {H$E & BZ G$Un m| H$m emoYZ VrZ dfm] Ho$ A V _| 10% Ho$ r{_`_ na H$aZm Wm & 6,000 G$Un m| Ho$ {bE AmdoXZ m V h E VWm g^r AmdoXH$m| H$mo AmZwnm{VH$ AmYma na G$Un m| H$m Am~ Q>Z H$a {X`m J`m & AmdoXZ na m V A{V[a V am{e dmng H$a Xr JB & 31.3.2016 H$mo {ZXoeH$m| Zo `yZV_ am{e G$Un emoYZ g M` _| h Vm V[aV H$aZo H$m {ZU ` {b`m & 1.4.2016 Amd `H$ am{e 9% H$mo H$ nZr Zo H$ nZr A{Y{Z`_, 2013 Ho$ mdYmZm| Ho$ AZwgma ~ H$ gmd{Y O_m _| {d{Z`mo{OV {H$E & ~ H$ mam `mO na 10% dm{f H$ H$s Xa go moV na H$a KQ>m`m J`m & G$Un m| Ho$ {ZJ _Z Ed emoYZ Ho$ {bE Amd `H$ amo OZm_Mm {dp Q>`m H$s{OE & G$Un m| Ho$ {ZJ _Z na hm{Z H$mo An{b{IV H$aZo Ed G$Un m| na `mO Ho$ ^wJVmZ g ~p YV {dp Q>`m 6 Zht H$aZr h & On 1st April, 2014, KK Ltd. invited applications for issuing 5,000 10% debentures of < 1,000 each at a discount of 6%. These debentures were repayable at the end of 3rd year at a premium of 10%. Applications for 6,000 debentures were received and the debentures were allotted on pro-rata basis to all the applicants. Excess money received with applications was refunded. The directors decided to transfer the minimum amount to Debenture Redemption Reserve on 31.3.2016. On 1.4.2016, the company invested the necessary amount in 9% bank fixed deposit as per the provisions of the Companies Act, 2013. Tax was deducted at source by bank on interest @ 10% p.a. Pass the necessary journal entries for issue and redemption of debentures. Ignore entries relating to writing off loss on issue of debentures and interest paid on debentures. 67/1 12 16. g OZ, a_Z VWm _ZZ EH$ \$_ Ho$ gmPoXma Wo VWm 2 : 2 : 1 Ho$ AZwnmV _| bm^-hm{Z ~m Q>Vo Wo & 31 _mM , 2017 H$mo CZH$m p W{V {ddaU {Z Z H$ma go Wm : 31.3.2017 H$mo g OZ, a_Z VWm _ZZ H$m p W{V {ddaU am{e am{e Xo`VmE g n{ m`m < < ny Or : g OZ a_Z n yOr : _ZZ 2,00,000 10,000 bm Q> 2,20,000 3,50,000 {Zdoe 70,000 boZXma 75,000 Q>m H$ 50,000 Xo` {~b 40,000 XoZXma 60,000 AX m doVZ 35,000 ~ H$ 10,000 bm^-hm{Z ImVm 80,000 1,50,000 5,00,000 5,00,000 Cn`w $ {V{W H$mo C hm|Zo \$_ H$m {dKQ>Z H$aZo H$m {ZU ` {b`m & (i) g OZ H$mo n[ag n{ m`m| H$mo dgyb H$aZo VWm Xo`VmAm| H$m ^wJVmZ H$aZo Ho$ {bE {Z`w V {H$`m J`m & g OZ H$mo n[ag n{ m`m| H$s {~H $s (amoH$ S> H$mo N>mo S>H$a) H$m 5% H$_reZ m V hmoJm VWm Cgo {dKQ>Z `` ^r dhZ H$aZo hm|Jo & (ii) n[ag n{ m`m| H$s dgybr {Z Z H$ma go H$s JB : (<) bm Q> 85,000 Q>m H$ 33,000 XoZXma 47,000 (iii) {Zdoem| H$s nw VH$ _y ` Ho$ 95% na dgybr H$s JB & (iv) \$_ H$mo nyd _| mdYmZ Zht {H$E JE < 7,500 Ho$ AX m _a _V {~b H$m ^wJVmZ H$aZm n S>m & (v) ~ H$ go ~ >o na ^wZmE JE < 15,000 Ho$ m ` {~bm| H$s EH$ AmH$p _H$ Xo`Vm H$m ^wJVmZ H$aZm n S>m & (vi) {dKQ>Z `` < 3,000 Wo {OgH$m ^wJVmZ g OZ mam {H$`m J`m & dgybr ImVm, gmPoXmam| Ho$ ny Or ImVo VWm ~ H$ ImVm V `ma H$s{OE & 8 AWdm 67/1 13 P.T.O. _mobr, ^mobm VWm amO EH$ \$_ Ho$ gmPoXma Wo VWm 3 : 3 : 4 Ho$ AZwnmV _| bm^-hm{Z ~m Q>Vo Wo & CZHo$ gmPoXmar g boI _| {Z Z{b{IV H$m mdYmZ Wm : (i) ny Or na 5% {V df `mO & (ii) AmhaU na 12% {V df `mO & (iii) gmPoXma Ho$ G$U na 6% {V df `mO & (iv) _mobr H$mo < 4,000 dm{f H$ doVZ; ^mobm H$mo bm^-hm{Z ImVo mam X{e V ew bm^ na 10% H$_reZ VWm amO H$mo gmPoXmar g boI _| {H$E JE mdYmZm| Ho$ g_m`moOZm| Ho$ n MmV < 1,50,000 bm^ H$s Jma Q>r & CZH$s Wm`r ny Or Wr, _mobr : < 5,00,000; ^mobm : < 8,00,000 VWm amO : < 4,00,000. 1 A b, 2016 H$mo ^mobm Zo \$_ H$mo < 1,00,000 H$m G$U {X`m & ^mobm Ho$ G$U na `mO bJmZo go$ nyd 31 _mM , 2017 H$mo g_m V hmoZo dmbo df Ho$ {bE \$_ H$m ew bm^ < 3,06,000 Wm & 31 _mM , 2017 H$mo g_m V h E df Ho$ {bE _mobr, ^mobm VWm amO H$m bm^-hm{Z {d{Z`moOZ ImVm VWm gmPoXmam| Ho$ Mmby ImVo V `ma H$s{OE & df _| ^mobm Zo {V _mh Ho$ A V _| < 5,000, _mobr Zo `oH$ {V_mhr Ho$ A V _| < 10,000 VWm amO Zo `oH$ N>: _mh Ho$ A V _| < 40,000 H$m AmhaU {H$`m & Srijan, Raman and Manan were partners in a firm sharing profits and losses in the ratio of 2 : 2 : 1. On 31st March, 2017 their Balance Sheet was as follows : Balance Sheet of Srijan, Raman and Manan as on 31.3.2017 Amount Liabilities < Capitals : Assets Capital : Manan Srijan 2,00,000 Raman 1,50,000 Plant 3,50,000 Investments < 10,000 2,20,000 70,000 Creditors 75,000 Stock 50,000 Bills Payable 40,000 Debtors 60,000 Outstanding Salary 35,000 Bank 10,000 Profit and Loss Account 5,00,000 67/1 Amount 14 80,000 5,00,000 8 On the above date they decided to dissolve the firm. (i) Srijan was appointed to realise the assets and discharge the liabilities. Srijan was to receive 5% commission on sale of assets (except cash) and was to bear all expenses of realisation. (ii) Assets were realised as follows : (<) Plant 85,000 Stock 33,000 Debtors 47,000 (iii) Investments were realised at 95% of the book value. (iv) The firm had to pay < 7,500 for an outstanding repair bill not provided for earlier. (v) A contingent liability in respect of bills receivable, discounted with the bank had also materialised and had to be discharged for < 15,000. (vi) Expenses of realisation amounting to < 3,000 were paid by Srijan. Prepare Realisation Account, Partners Capital Accounts and Bank Account. OR Moli, Bhola and Raj were partners in a firm sharing profits and losses in the ratio of 3 : 3 : 4. Their partnership deed provided for the following : (i) (ii) (iii) Interest on capital @ 5% p.a. Interest on drawing @ 12% p.a. Interest on partners loan @ 6% p.a. (iv) Moli was allowed an annual salary of < 4,000; Bhola was allowed a commission of 10% of net profit as shown by Profit and Loss Account and Raj was guaranteed a profit of < 1,50,000 after making all the adjustments as provided in the partnership agreement. Their fixed capitals were Moli : < 5,00,000; Bhola : < 8,00,000 and Raj : < 4,00,000. On 1st April, 2016 Bhola extended a loan of < 1,00,000 to the firm. The net profit of the firm for the year ended 31st March, 2017 before interest on Bhola s loan was < 3,06,000. Prepare Profit and Loss Appropriation Account of Moli, Bhola and Raj for the year ended 31st March, 2017 and their Current Accounts assuming that Bhola withdrew < 5,000 at the end of each month, Moli withdrew < 10,000 at the end of each quarter and Raj withdrew < 40,000 at the end of each half year. 67/1 15 P.T.O. 17. E g. {b{_Q>oS> Zo < 10 `oH$ Ho$ 50,000 g_Vm A em| Ho$ {ZJ _Z Ho$ {bE AmdoXZ Am_p V {H$E & am{e H$m ^wJVmZ {Z Z H$ma go H$aZm Wm : AmdoXZ na : < 2 {V A e Am~ Q>Z na : < 2 {V A e W_ `mMZm na : < 3 {V A e X gar VWm Ap V_ `mMZm na : eof am{e 70,000 A em| Ho$ {bE AmdoXZ m V h E & 10,000 A em| Ho$ {bE AmdoXZm| H$mo a H$a {X`m J`m VWm AmdoXZ am{e dmng H$a Xr JB & eof A eYmaH$m| H$mo AmZwnm{VH$ AmYma na A em| H$m Am~ Q>Z H$a {X`m J`m VWm AmdoXZm| Ho$ gmW m V Am{Y ` am{e H$mo, `{X H$moB Wr, Am~ Q>Z VWm `mMZm na Xo` am{e _| h Vm V[aV H$a {X`m J`m & Jmonmb, {OgZo 600 A em| Ho$ {bE AmdoXZ {H$`m Wm, Zo AnZr g_ V A e am{e H$m ^wJVmZ AmdoXZ Ho$ gmW H$a {X`m & Kmof, {OgZo 6,000 A em| Ho$ {bE AmdoXZ {H$`m Wm, Am~ Q>Z am{e H$m ^wJVmZ H$aZo _| Ag\$b ahm VWm CgHo$ A em| H$m Vwa V haU H$a {b`m J`m & haU {H$E JE BZ A em| H$m < 20,000 _| gw VmZ H$mo < 4 {V A e X m nwZ: {ZJ _Z H$a {X`m J`m & W_ `mMZm am{e VWm X gar VWm Ap V_ `mMZm am{e `WmdV _m Jr JB Ed m V hmo JB & E g. {b{_Q>oS> H$s nw VH$m| _| Cn`w V boZXoZm| Ho$ {bE Amd `H$ amo OZm_Mm {dp Q>`m H$s{OE & Ohm Amd `H$ hmo A{J _-`mMZm ImVm VWm AX m-`mMZm ImVm Imo{bE & AWdm A {b{_Q>oS> Zo < 10 `oH$ Ho$ 1,00,000 A em| H$mo < 1 {V A e Ho$ r{_`_ na {ZJ {_V H$aZo hoVw AmdoXZ Am_p V {H$E & am{e H$m ^wJVmZ {Z Z H$ma go H$aZm Wm : AmdoXZ na : < 3 {V A e Am~ Q>Z na : < 3 {V A e ( r{_`_ g{hV) W_ `mMZm na : < 3 {V A e X gar VWm Ap V_ `mMZm na : eof am{e 1,60,000 A em| (i) (ii) (iii) 67/1 Ho$ {bE AmdoXZ m V h E & Am~ Q>Z {Z Z{b{IV AmYma na {H$`m J`m 90,000 A em| Ho$ AmdoXH$m| H$mo : 40,000 A e 50,000 A em| Ho$ AmdoXH$m| H$mo : 40,000 A e 20,000 A em| Ho$ AmdoXH$m| H$mo : nyao A e 16 : 8 AmdoXZ na m V A{V[a V YZam{e H$m g_m`moOZ Am~ Q>Z Ed `mMZmAm| na Xo` am{e _| {H$`m OmEJm & EH$ A eYmar, [af^, {OgZo 1,500 A em| Ho$ {bE AmdoXZ {H$`m Wm VWm Omo loUr (ii) go g ~ Y aIVm Wm, Zo Am~ Q>Z, W_ VWm X gar Ed A {V_ `mMZm am{e H$m ^wJVmZ Zht {H$`m & EH$ A ` A eYmar, gwYm, {OgZo 1,800 A em| Ho$ {bE AmdoXZ {H$`m Wm VWm Omo loUr (i) go g ~p YV Wr, Zo W_ VWm X gar Ed A {V_ `mMZm am{e H$m ^wJVmZ Zht {H$`m & [af^ VWm gwYm Ho$ g^r A em| H$m haU H$a {b`m J`m VWm ~mX _| C h| < 7 {V A e nyU X m nwZ:{ZJ {_V H$a {X`m J`m & A {b{_Q>oS> H$s nw VH$m| _| Amd `H$ amo OZm_Mm {dp Q>`m H$s{OE & Ohm Amd `H$ hmo AX m-`mMZm ImVm VWm A{J _-`mMZm ImVm Imo{bE & 8 X Ltd. invited applications for issuing 50,000 equity shares of < 10 each. The amount was payable as follows : On Application : < 2 per share On Allotment : < 2 per share On First Call : < 3 per share On Second and Final Call : Balance amount Applications for 70,000 shares were received. Applications for 10,000 shares were rejected and the application money was refunded. Shares were allotted to the remaining applicants on a pro-rata basis and excess money received with applications was transferred towards sums due on allotment and calls, if any. Gopal, who applied for 600 shares, paid his entire share money with application. Ghosh, who had applied for 6,000 shares, failed to pay the allotment money and his shares were immediately forfeited. These forfeited shares were re-issued to Sultan for < 20,000; < 4 per share paid up. The first call money and the second and final call money was called and duly received. Pass necessary journal entries for the above transactions in the books of X Ltd. Open Calls-in-Advance Account and Calls-in-Arrears Account wherever necessary. OR A Ltd. invited applications for issuing 1,00,000 shares of < 10 each at a premium of < 1 per share. The amount was payable as follows : On Application : < 3 per share On Allotment : < 3 per share (including premium) On First Call : < 3 per share On Second and Final Call : Balance amount 67/1 17 P.T.O. Applications for 1,60,000 shares were received. Allotment was made on the following basis : (i) To applicants for 90,000 shares : 40,000 shares (ii) To applicants for 50,000 shares : 40,000 shares (iii) To applicants for 20,000 shares : full shares Excess money paid on application is to be adjusted against the amount due on allotment and calls. Rishabh, a shareholder, who applied for 1,500 shares and belonged to category (ii), did not pay allotment, first and second and final call money. Another shareholder, Sudha, who applied for 1,800 shares and belonged to category (i), did not pay the first and second and final call money. All the shares of Rishabh and Sudha were forfeited and were subsequently re-issued at < 7 per share fully paid. Pass the necessary journal entries in the books of A Ltd. Open Calls-in-Arrears Account and Calls-in-Advance Account wherever required. I S> I ({d mr` {ddaUm| H$m {d bofU) PART B (Analysis of Financial Statements) 18. amoH$ S> dmh {ddaU V `ma H$aZo Ho$ mW{_H$ C o ` H$m C oI H$s{OE & 1 State the primary objective of preparing a Cash Flow Statement. 19. EH$ {d mr` H$ nZr mam m V `mO VWm ^wJVmZ {H$E JE `mO H$mo amoH$ S> dmh {ddaU ~ZmVo g_` H$m Z-gr J{V{d{Y _mZm OmEJm ? Interest received and paid is considered as which type of activity by a finance company while preparing a Cash Flow Statement ? 67/1 18 1 20. {Z Z{b{IV gyMZm go Ho$.Oo. {b{_Q>oS> H$m gm_m ` AmH$ma p W{V {ddaU V `ma H$s{OE ZmoQ> g . {ddaU I g_Vm Ed Xo`VmE : : 4 31.3.2017 31.3.2016 < < 1. A eYmaH$$ {Z{Y`m 8,00,000 4,00,000 2. AMb Xo`VmE 5,00,000 2,00,000 3. Mmby Xo`VmE 3,00,000 2,00,000 16,00,000 8,00,000 Hw$b II n[ag n{ m`m : 1. AMb n[ag n{ m`m 10,00,000 5,00,000 2. Mmby n[ag n{ m`m 6,00,000 3,00,000 16,00,000 8,00,000 Hw$b Prepare a common size Balance Sheet of KJ Ltd. from the following information : Note No. Particulars 31.3.2017 31.3.2016 < < I Equity and Liabilities : 1. Shareholder s Funds 8,00,000 4,00,000 2. Non-Current Liabilities 5,00,000 2,00,000 3. Current Liabilities 3,00,000 2,00,000 16,00,000 8,00,000 10,00,000 5,00,000 6,00,000 3,00,000 16,00,000 8,00,000 Total II Assets : 1. Non-Current Assets 2. Current Assets Total 67/1 19 P.T.O. 21. Hw$ XZ {b{_Q>oS> H$s nw VH$m| go m V {Z Z{b{IV gyMZm go dfm] Ho$ {bE Q>m H$ AmdV AZwnmV H$s JUZm H$s{OE : 31 _mM H$mo B do Q >r ( Q>m H$) MmbZ go AmJ_ 2015 16 VWm 2016 17 4 2015 16 2016 17 < < 7,00,000 17,00,000 50,00,000 75,00,000 (gH$b bm^ MmbZ go AmJ_ H$s bmJV na 25% h ) df 2015 16 _| B do Q >r ( Q>m H$) _| < 2,00,000 H$s ~ T>moVar h B & From the following information obtained from the books of Kundan Ltd., calculate the inventory turnover ratio for the years 2015 16 and 2016 17 : st Inventory on 31 March Revenue from operations 2015 16 2016 17 < < 7,00,000 50,00,000 17,00,000 75,00,000 (Gross profit is 25% on cost of revenue from operations) In the year 2015 16, inventory increased by < 2,00,000. 22. Oo. S> `y. {b{_Q>oS>, EH$ H$ nZr, Jr Oa {d{Z_m U H$a ahr Wr & XrK H$mbrZ {d VmarH$aU b ` Ho$ EH$ ^mJ Ho$ $n _| H$ nZr Zo J m_rU jo m| _| gwAdga H$s nhMmZ H$m {ZU ` {b`m & map ^H$ `moOZm h[a`mUm Ho$ {^dmZr Jm d _| bmJy H$s JB & M y{H$ Jm d _| {~Obr H$s ny{V {Z`{_V Zht Wr, AV: H$ nZr Zo {ZU ` {b`m {H$ gm a D$Om go MbZo dmbo Jr Oam| H$m {Z_m U {H$`m OmE & Ho$ r` Q>r_ {Og_| jo r` ~ YH$, boImH$ma VWm {dnUZ ~ YH$ Wo, _w ` H$m`m b` go br JB VWm eof H$_ Mm[a`m| H$m M`Z Jm d d CgHo$ Amg -nmg Ho$ jo m| go {H$`m J`m & {d mr` {ddaUm| H$s V `mar Ho$ g_` H$ nZr H$m boImH$ma ~r_ma hmo J`m VWm H$ nZr Zo Xmo _hrZo Ho$ {bE Jm d go EH$ A Wm`r H${Z R> boImH$ma H$s {Z`w{ $ H$a br & 67/1 20 H${Z R> boImH$ma mam V `ma {H$E JE p W{V {ddaU _| {Z Z{b{IV _Xm| H$mo CZHo$ g_j {XE JE _w ` erf H$m| d Cn-erf H$m| Ho$ A VJ V Xem `m J`m h Omo {H$ H$ nZr A{Y{Z`_, 2013 H$s AZwgyMr III Ho$ AZw $n Zht h & _X _w ` erf H$/Cnerf H$ IwXam Am Oma M H$ h Vo ~ H$m| go Amd{YH$ G$U H$ `yQ>a gm Q>do`a `mnm[aH$ m ` Mmby {Zdoe A ` XrK -Ad{Y Xo`VmE _yV Wm`r n[ag n{V`m Eogo Xmo _y `m| H$s nhMmZ H$s{OE {O h| H$ nZr g_mO H$mo g o{fV H$aZm MmhVr h & gmW hr Cn`w $ _Xm| H$mo H$ nZr A{Y{Z`_, 2013 H$s AZwgyMr III Ho$ AZwgma ghr _w ` erf H$m| Ed Cn-erf H$m| Ho$ A VJ V VwV H$s{OE & 4 JW Ltd. was a company manufacturing geysers. As a part of its long term goal for expansion, the company decided to identify the opportunity in rural areas. Initial plan was rolled out for Bhiwani village in Haryana. Since the village did not have regular supply of electricity, the company decided to manufacture solar geysers. The core team consisting of the Regional Manager, Accountant and the Marketing Manager was taken from the Head Office and the remaining employees were selected from the village and neighbourhood areas. At the time of preparation of financial statements, the accountant of the company fell sick and the company deputed a junior accountant temporarily from the village for two months. The Balance Sheet prepared by the junior accountant showed the following items against the Major Heads and Sub-heads mentioned which were not as per Schedule III of the Companies Act, 2013. Item Loose Tools Cheques in Hand Term Loan from Bank Computer Software Major Head/Sub-Head Trade Receivables Current Investments Other Long-term Liabilities Tangible Fixed Assets Identify any two values that the company wants to communicate to the society. Also present the above items under the correct major heads and sub-heads as per Schedule III of the Companies Act, 2013. 67/1 21 P.T.O. 23. 31.3.2017 H$s{OE H$mo Oo.dmB . {b{_Q>oS> Ho$ {Z Z{b{IV p W{V {ddaU go amoH$ S> dmh {ddaU V `ma : 6 31.3.2017 H$mo Oo.dmB . {b{_Q>oS> H$m p W{V {ddaU ZmoQ> g . {ddaU I g_Vm Ed Xo`VmE : 1. 1 1,00,000 (25,000) 2 2,50,000 1,50,000 (A) bKwH$mbrZ G$U 3 1,50,000 1,00,000 (~) bKwH$mbrZ mdYmZ 4 2,00,000 1,25,000 12,00,000 8,50,000 6,00,000 4,50,000 (A) `mnm[aH$ m ` 2,75,000 2,25,000 (~) amoH$ S> Ed amoH$ S> Vw ` 1,25,000 75,000 (g) bKwH$mbrZ G$U Ed A{J _ 2,00,000 1,00,000 12,00,000 8,50,000 AMb Xo`VmE : Mmby Xo`VmE : Hw$b 1. < 5,00,000 XrK H$mbrZ G$U II < 5,00,000 (~) g M` Ed Am{Y ` 3. 31.3.2016 A eYmar$ {Z{Y`m : (A) A e ny Or 2. 31.3.2017 n[ag n{ m`m : AMb n[ag n{ m`m : (A) Wm`r n[ag n{ m`m : (i) 2. 5 _yV Mmby n[ag n{ m`m : Hw$b 67/1 22 ImVm| Ho$ ZmoQ >g : ZmoQ> {ddaU g . 1. 2. 3. 4. 5. g M` Ed Am{Y ` : (Am{Y ` bm^-hm{Z {ddaU H$m eof) XrK H$mbrZ G$U : 10% G$Un bKwH$mbrZ G$U : ~ H$ A{Y{dH$f bKwH$mbrZ mdYmZ : (i) Vm{dV bm^m e (ii) H$a mdYmZ _yV n[ag n{ m`m : _erZar EH${ V (g {MV) _y ` mg 31.3.2017 31.3.2016 < < 1,00,000 (25,000) 1,00,000 (25,000) 2,50,000 1,50,000 2,50,000 1,50,000 1,50,000 1,00,000 1,50,000 1,00,000 75,000 50,000 1,25,000 75,000 2,00,000 1,25,000 7,37,500 (1,37,500) 5,25,000 (75,000) 6,00,000 4,50,000 A{V[a $ gyMZm : 31.3.2017 H$mo < 1,00,000, 10% G$Un m| 67/1 H$m {ZJ _Z {H$`m J`m & 23 P.T.O. From the following Balance Sheet of JY Ltd. as at 31st March 2017, prepare a Cash Flow Statement : Balance Sheet of JY Ltd. as at 31.3.2017 Note No. Particulars 31.3.2017 31.3.2016 < < I Equity and Liabilities : 1. Shareholder s Funds : (a) Share Capital 5,00,000 5,00,000 1 1,00,000 (25,000) 2 2,50,000 1,50,000 (a) Short-term Borrowings 3 1,50,000 1,00,000 (b) Short-term Provisions 4 2,00,000 1,25,000 12,00,000 8,50,000 6,00,000 4,50,000 (a) Trade Receivables 2,75,000 2,25,000 (b) Cash and Cash Equivalents 1,25,000 75,000 (c) Short-term Loans and Advances 2,00,000 1,00,000 12,00,000 8,50,000 (b) Reserves and Surplus 2. Non-Current Liabilities : Long-term Borrowings 3. Current Liabilities : Total II Assets : 1. Non-Current Assets : (a) Fixed Assets : (i) Tangible 5 2. Current Assets : Total 67/1 24 Notes to Accounts : Note No. 1. 2. 3. 4. 5. Particulars Reserves and Surplus : (Surplus, i.e., Balance in the Statement of Profit and Loss) Long-term Borrowings : 10% Debentures Short-term Borrowings : Bank Overdraft Short-term Provisions : (i) Proposed Dividend (ii) Provision for Tax Tangible Assets : Machinery Accumulated Depreciation 31.3.2017 31.3.2016 < < 1,00,000 (25,000) 1,00,000 (25,000) 2,50,000 1,50,000 2,50,000 1,50,000 1,50,000 1,00,000 1,50,000 1,00,000 75,000 1,25,000 2,00,000 50,000 75,000 1,25,000 7,37,500 (1,37,500) 6,00,000 5,25,000 (75,000) 4,50,000 Additional Information : < 1,00,000, 10% debentures were issued on 31.3.2017. 67/1 25 P.T.O. I S> I (A{^H${b boIm H$Z) PART B (Computerised Accounting) 18. H$ `yQ>a H$m Cn`moJ {H$g H$ma {V`moJr Vr UVm VWm `dgm` H$s bm^ XVm H$mo ~ T>mVm h ? 1 How does the usage of computer sharpen the competitive edge and enhance the profitability of a business ? 19. g J {hV VWm `w n {deofVm H$m AW EH$ CXmhaU XoH$a g_PmBE & 1 Cg _y ` H$m Zm_ ~VmBE Omo Am H$ S>m| H$s AZwnp W{V H$m moVH$ h & CZ n[ap W{V`m| H$m ^r C boI H$s{OE Ohm BZ _y `m| Ho$ Cn`moJ H$s Amd `H$Vm hmo gH$Vr h & 4 Give an example to explain the meaning of stored and derived attribute. 20. Name the value which represents absence of data. Also state the situations which may require the use of these values. 21. S>o H$Q>m n S>oQ>m~og VWm gd a S>oQ>m~og _| A V^}X H$s{OE & 4 Differentiate between desktop database and server database. 22. H$ `yQ>arH $V boIm H$Z V H$s Mma gr_mE Xr{OE & 4 Give four limitations of computerised accounting system. 23. 67/1 E.~r.gr. {b{_Q>oS> Xmo ZJam| ~ Jby $ VWm _ Jby $ _| H$m` g MmbZ H$aVr h & ~ Jby $ _| J h {H$am`m ^ mm < 5,000 h VWm _ Jby $ _| < 4,000 h & _h JmB ^ mo H$s JUZm _yb doVZ na {Z Z H$ma go H$aZr h : _yb doVZ H$m 15% `{X _yb doVZ < 15,000 go H$_ h & _yb doVZ H$m 10% `{X _yb doVZ < 15,000 go A{YH$ h & _mZH$ {XZm| H$s g `m EH$ _hrZo _| 30 {XZ boZr h & E gob H$m `moJ H$aVo h E {Z Z{b{IV am{e H$s JUZm H$s{OE : (i) lr _hoe, Omo ~ Jby $ _| H$m` aV h , H$m gH$b doVZ & lr _hoe Zo 3 {XZ {~Zm doVZ H$m AdH$me {b`m h VWm CZH$m _yb doVZ < 25,000 h & (ii) lr a OZ, Omo _ Jby $ _| H$m` aV h , H$m gH$b doVZ & lr a OZ H$m _yb doVZ < 14,000 h & 26 6 ABC Ltd. operates in two cities Bengaluru and Mangaluru. House Rent Allowance for Bengaluru is < 5,000 and for Mangaluru is < 4,000. Dearness Allowance is calculated on Basic Pay as follows : 15% of Basic Pay if basic pay is less than < 15,000. 10% of Basic Pay if basic pay is greater than < 15,000. Standard number of days are taken as 30 days in a month. Calculate the amount using Excel : (i) Gross Salary of Mr. Mahesh, who is working in Bengaluru. He has availed leave without pay for 3 days and his Basic Pay is < 25,000. (ii) 67/1 Gross Salary of Mr. Ranjan, who is working in Mangaluru. Basic Pay of Mr. Ranjan is < 14,000. 27 P.T.O. 00

Formatting page ...

Tags : cbse, cbse papers, cbse sample papers, cbse books, portal for cbse india, cbse question bank, central board of secondary education, cbse question papers with answers, prelims preliminary exams, pre board exam papers, cbse model test papers, solved board question papers of cbse last year, previous years solved question papers, free online cbse solved question paper, cbse syllabus, india cbse board sample questions papers, last 10 years cbse papers, cbse question papers 2017, cbse guess sample questions papers, cbse important questions, specimen / mock papers 2018.

cbse12 chat

Horizontal lines at:
Guest Horizontal lines at:
AutoRM Data:
Box geometries: