TN 12th Question Paper 2022 Accountancy

No. of Printed Pages : 24
5957
£vÄ Gs
A Register Number

!5957Accountancy!
PART - III
PnUS¨£v¯À / ACCOUNTANCY
( uªÌ ©ØÖ® B[Q» ÁÈ / Tamil & English Version )

Põ» AÍÄ : 3.00 ©o ÷|µ® ] [ ö©õzu ©v¨ö£sPÒ : 90
Time Allowed : 3.00 Hours ] [ Maximum Marks : 90

AÔÄøµPÒ : (1) AøÚzx ÂÚõUPЮ \›¯õP £vÁõQ EÒÍuõ GߣuøÚ \›£õºzxU
öPõÒÍÄ®. Aa_¨£vÂÀ SøÓ°¸¨¤ß AøÓU PsPõo¨£õÍ›h®
EhÚi¯õPz öu›ÂUPÄ®.
(2) }»® AÀ»x P¸¨¦ ø©°øÚ ©mk÷© GÊxÁuØS®
AiU÷PõikÁuØS® £¯ß£kzu ÷Ásk®. £h[PÒ ÁøµÁuØS
ö£ß]À £¯ß£kzuÄ®.
Instructions : (1) Check the question paper for fairness of printing. If there is any lack of
fairness, inform the Hall Supervisor immediately.
(2) Use Blue or Black ink to write and underline and pencil to draw
diagrams.

£Sv & I/PART - I
SÔ¨¦ : (i) AøÚzx ÂÚõUPÐUS® Âøh¯ÎUPÄ®. 20x1=20

(ii) öPõkUP¨£mkÒÍ ©õØÖ ÂøhPÎÀ ªPÄ® Hئøh¯ Âøhø¯z
÷uº¢öukzxU SÔ±mkhß Âøh°øÚ²® ÷\ºzx GÊuÄ®.
Note : (i) Answer all the questions.

(ii) Choose the most appropriate answer from the given four alternatives

and write the option code and the corresponding answer.

[ v¸¨¦P / Turn over

5957 2

1. J¸ Tm-hõÎ JÆ-öÁõ¸ ©õu CÖ-v-°-¾® J¸ SÔ¨-¤mh öuõ-øPø¯ ÁÇU-P-©õP
Gkz- x U- ö PõÒ- Ð ® ÷£õx A¢u Gk¨- ¦ - P Ò «x PnU- Q - h ¨- £ - k ® Ám- i U- S - › ¯
©õ-u[-PÒ \µõ-\-›-¯õP :
(A) 12 ©õ-u[-PÒ (B) 5.5 ©õ-u[-PÒ (C) 6.5 ©õ-u[-PÒ (D) 6 ©õ-u[-PÒ
When a partner withdraws regularly a fixed sum of money at the end of every
month, period for which interest is to be calculated on the drawings on an average
is __________.
(a) 12 months (b) 5.5 months (c) 6.5 months (d) 6 months

2. J¸ CÚ® ©Ø- ö Óõ¸ CÚz- ÷ uõk ö£Ø- Ô - ¸ U- S ® öuõ- h º- ¤ øÚ Po- u -  - ¯ À
•øÓ-°À TÖ-Á-x :
(A) ©õ-v-› (B) •i-Ä (C) wº-©õ-Ú® (D) ÂQ-u®
The mathematical expression that provides a measure of the relationship between
two figures is called __________.
(a) Model (b) Conclusion (c) Decision (d) Ratio

3. Á¸-Áõ´ ©Ø-Ö® ö\»-Â-ÚU PnUS u¯õ-›U-P¨-£-k-Á-uß ‰»® Ps-h-Ô-¯¨-£-k-Áx :
(A) E£› AÀ-»x £Ø-ÓõU-S-øÓ (B) »õ-£® AÀ-»x |m-h®
(C) {v {ø» (D) öµõU-P® ©Ø-Ö® Á[Q C¸¨-¦
Income and Expenditure Account is prepared to find out :
(a) surplus or deficit (b) profit or loss
(c) financial position (d) cash and bank balance

4. Tm-hõÎ ÷\º¨¦ öuõ-hº-£õP ¤ß-Á-¸® TØ-Ö-P-ÎÀ Gx Es-ø©-¯õ-Ú-uÀ» ?
(A) Tm-hõsø© {Ö-Á-Ú-©õ-Úx ¦v¯ J¨£¢-uz-vß RÌ ©Ö Pm-h-ø©U-P¨-£-k®.
(B) ö£õ-x-ÁõP Tm-hõ-Î-P-Îß £µì-£µ E›-ø©-PÒ ©õ-Ö®.
(C) HØ-PÚ÷Á EÒÍ J¨-£¢-u-©õ-Úx •i-ÄUS öPõsk Áµ¨-£-hõ-x.
(D) •¢-øu¯ Bs-k-P-Îß C»õ-£® ©Ø-Ö® |m-h[-PÒ £øÇ-¯ Tm-hõ-Î-P-ÐUS
£Qº¢-u-ÎU-P¨-£h ÷Ás-k®.
Which of the following statements is not true in relation to admission of a partner ?
(a) The firm is reconstituted under a new agreement
(b) Generally mutual rights of the partners change
(c) The existing agreement does not come to an end
(d) The profits and losses of the previous years are distributed to the old partners

5. £¯-Ú-›ß ÷uøÁU-÷PØ£ u¯õ-›U-P¨-£-k® PnU-Q-¯À AÔU-øP-¯õ-Úx :
(A) C¸¨-£õ´-Ä (B) ÁÇU-P-©õÚ PnU-Q-¯À AÔU-øP
(C) C¸¨¦ {ø»U-S-Ô¨-¦ (D) SÔ¨-¤mh ÷|õUP AÔU-øP
Accounting report prepared according to the requirements of the user is __________.
(a) Trial balance (b) Routine accounting report
(c) Balance sheet (d) Special purpose report

A

3 5957

6. ¤ß-Á-¸® ÁõU-Q-¯[-P-ÎÀ Gx uÁ-Óõ-Úx ?
(A) Põ¨¦ •uÀ {Ö-©zøu Pø»U-S® ÷£õx ö\¾z-x-©õÖ Aø-Ǩ¦ ÂkU-P¨-
£-k-Q-Ó-x.
(B) öÁÎ-°-h¨-£mh £[-S-•-uÀ A[-R-P-›U-P¨-£mh £[-S-•-uø» Âh J¸-÷£õ-x®
Av-P-©õP C¸U-PU-T-hõ-x.
(C) ö\¾z-u¨-£mh £[-S-•-uÀ, AøÇU-P¨-£mh £[S •u-¼ß J¸ £S-v BS®.
(D) £[-S-PÒ SøÓ J¨-£-©õP C¸U-S® {ø»-°À öÁÎ-°-h¨-£mh £[S •uÀ
J¨-¤¯ £[-S-•-uø» Âh SøÓ-ÁõP C¸U-S®.
Which of the following statement is false ?
(a) Reserve capital can be called at the time of winding up.
(b) Issued capital can never be more than the authorised capital.
(c) Paid up capital is part of called up capital.
(d) In case of under subscription, issued capital will be less than the subscribed
capital.

7. {Ö-©U Pø»¨-¤ß ÷£õx ©m-k÷© AøÇU-P¨-£-hUTi-¯ £[S •u-¼ß J¸ £S-v
__________ GÚ AøÇU-P¨-£-k®.
(A) •u-¼-ÚU Põ¨-¦ (B) A[-R-P-›U-P¨-£mh •uÀ
(C) Põ¨-¦- •-uÀ (D) AøÇU-P¨-£mh •uÀ
That part of share capital which can be called up only on the winding up of a
company is called :
(a) Capital reserve (b) Authorised capital
(c) Reserve capital (d) Called up capital

8. {ø» AÔUøP J¸ :
(A) öµõUP |h-Á-iU-øP-P-Îß öuõ-S¨--¦
(B) Á¸-©õ-Ú® ©Ø-Ö® ö\»-Ä-PÒ AÔU-øP
(C) Ph-ß |h-Á-iU-øP-P-Îß öuõ-S¨-¦
(D) ö\õz-x-PÒ ©Ø-Ö® ö£õ-Ö¨-¦-PÒ AÔU-øP
Statement of affairs is a __________.
(a) summary of cash transactions
(b) statement of income and expenditure
(c) summary of credit transactions
(d) statement of assets and liabilities

9. J¸ SÔ¨-¤mh ÷|õU-Pz-vØ-PõP ö£ØÓ |ß-öPõøh :
(A) Á¸-Áõ-°Ú ö\»-Ä (B) Á¸-Áõ-°Ú Áµ-Ä
(C) •u-¼-Úa ö\»-Ä (D) •u-¼Ú Áµ-Ä
Donation received for a specific purpose is __________.
(a) Revenue expenditure (b) Revenue receipt

(c) Capital expenditure (d) Capital receipt

A [ v¸¨¦P / Turn over

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10. Tm-hõsø© J¨-£õ-Á-n® CÀ-»õu {ø»-°À {Ö-Á-Úz-vß C»õ-£® Tm-hõ-Î-
P-Î-øh÷¯ £Qº¢-u-ÎU-P¨-£-k-Áx :
(A) \©-©õÚ ÂQ-uz-vÀ (B) •uÀ ÂQ-uz-vÀ
(C) (A) ©Ø-Ö® (B) (D) ÷©Ø-T-Ô¯ Gx-Ä-ª-Àø»
In the absence of a partnership deed, profits of the firm will be shared by the
partners in :
(a) Equal ratio (b) Capital ratio
(c) Both (a) and (b) (d) None of these

11. ö£õ-Ö¨-¦-P-øÍU Põm-i-¾® ªS-v-¯õP EÒÍ ö\õz-xU-PÒ __________.
(A) •uÀ (B) |m-h® (C) C»õ-£® (D) öµõU-P®
The excess of assets over liabilities is __________.
(a) capital (b) loss (c) profit (d) cash

12. J¸ {Ö-Á-Úz-vß Ph¢u I¢x Bs-k-P-Îß C»õ-£[-PÒ ¤ß-Á-¸-©õÖ :
2014 : ` 4,000 ; 2015 : ` 3,000 ; 2016 : ` 5,000 ; 2017 : ` 4,500 ©Ø- Ö ®
2018 : ` 3,500.
5 Bs-k-P-Îß \µõ-\› C»õ-£® __________.
(A) ` 6,000 (B) ` 12,000 (C) ` 4,000 (D) ` 5,000
The following are the profits of a firm in the last five years :
2014 : ` 4,000 ; 2015 : ` 3,000 ; 2016 : ` 5,000 ; 2017 : ` 4,500 and 2018 : ` 3,500.
The average profits of five years is __________.
(a) ` 6,000 (b) ` 12,000 (c) ` 4,000 (d) ` 5,000

13. •P-©-v¨ø£ Âh Av-P-©õP ö£ØÓ öuõøP ÁµÄ øÁU-P¨-£-k-® PnUS :
(A) £[S •uÀ PnU-S (B) £z-vµ •øÚ-©U PnU-S
(C) £[S JÖ¨-¤-Ǩ-¦U PnU-S (D) AøǨ¦ •ß-£-nU PnU-S
The amount received over and above the par value is credited to __________.
(a) Share capital account (b) Securities premium account
(c) Forfeited shares account (d) Calls in advance account

14. {v {ø» AÔU-øP-PÒ öÁÎU-Põm-hõ-ux :
(A) SÖ-Q-¯ Põ» uP-ÁÀ-PÒ (B) £n® \õ-µõ uP-ÁÀ-PÒ
(C) }sh Põ» uP-ÁÀ-PÒ (D) Ph¢u Põ» uP-ÁÀ-PÒ
The financial statements do not exhibit :
(a) Short-term data (b) Non-monetary data
(c) Long-term data (d) Past data

A

5 5957

15. AøÓ-P»
- ß Ph-ÝUS Áõ[-Q¯
- x Tally&À G¢u ÁøP \õß-Óõ-Án
- z-vÀ £v-¯¨-£k
- ®?
(A) öPõ-Ò-•-uÀ \õß-ÓõÁn® (B) ö£Ö-uÀ-PÒ \õß-ÓõÁn®
(C) ö\¾z-uÀ-PÒ \õß-ÓõÁn® (D) SÔ¨-÷£k \õß-ÓõÁ-n®
In which voucher type credit purchase of furniture is recorded in Tally ?
(a) Purchase voucher (b) Receipt voucher
(c) Payment voucher (d) Journal voucher

16. RÌ-Á-¸-Á-Ú-ÁØ-ÔÀ Gx \›-¯õ-Úx ?
(A) E¯º C»õ-£®=\µõ-\› C»õ-£®−\õ-uõ-µn C»õ-£®
(B) E¯º C»õ-£®=ö©õzu C»õ-£®/Bs-k-P-Îß Gs-oUøP
(C) E¯º C»õ-£®=\µõ-\› C»õ-£®×öPõÒ-•-uÀ Bs-k-PÒ
(D) E¯º C-»õ-£®=Tmk C»õ-£®/Bs-k-P-Îß Gs-oU-øP
Which of the following is true ?
(a) Super profit=Average profit−Normal profit
(b) Super profit=Total profit/number of years
(c) Super profit=Average profit×years of purchase
(d) Super profit=Weighted profit/number of years

17. \µU- Q - ¸ ¨¦ ©Ø- Ö ® •ß- T m- i a ö\¾z- v ¯ ö\»- Ä - P Ò }[- P - » õP EÒÍ |h¨- ¦ a
ö\õz-xU-PÒ :
(A) {v (B) Põ¨-¦-PÒ
(C) ÂøµÄ ö\õz-xU-PÒ (D) ¦»-Úõ-S® ö\õz-x
Current assets excluding inventory and prepaid expenses is called :
(a) Funds (b) Reserves
(c) Quick assets (d) Tangible assets

18. ©Ö-©-v¨-¥mk P-nUS J¸ __________.
(A) BÒ\õº PnU-S (B) ö\õzx PnU-S
(C) BÒ-\õ-µõ PnU-S (D) ö£¯-µÍÄ PnUS
Revaluation Account is a __________.
(a) Personal Account (b) Real Account
(c) Impersonal Account (d) Nominal Account

A [ v¸¨¦P / Turn over

5957 6

19. ¤ß-Á-¸® ÁõU-Q-¯[-P-ÎÀ Gx \›-¯õ-Ú-uÀ» ?
(A) ÷£õU-S¨ £S¨-£õ´Ä Gß-£x Kµõs-iÀ öuõ-øP-P-ÎÀ HØ-£-k® ©õØ-Ó[-PøÍ
B´Ä ö\´-u-ø»U SÔ¨-£-uõ-S®.
(B) SÔ¨-¦-PÒ ©Ø-Ö® £m-i-¯À-PÒ {v-{-ø» AÔU-øP-P-Îß £S-v BQß-Ó-Ú.
(C) ö£õx AÍÄ AÔUøP ]» ö£õx Ai¨- £ - ø h- P øÍU öPõsk £À- ÷ ÁÖ
CÚ[-P-Îß öuõ-hº-¤-øÚU Põm-k-Á-uõ-S®. ö£õx AÍÄ Ai¨-£-øh-°ß
\u-Â-Q-u-©õP Põm-h¨-£-k-Qß-Ó-Ú.
(D) {v {ø» AÔUøP £S¨- £ õ´- Â ß P¸- Â - P - Î À ö£õx AÍÄ AÔUøP
EÒÍ-h[-S®.
Which of the following statements is not true ?
(a) Trend analysis refers to the study of movement of figures for one year.
(b) Notes and schedules also form a part of financial statements.
(c) The common-size statements show the relationship of various items with
some common base, expressed as percentage of the common base.
(d) The tools of financial statement analysis include common-size statement.

20. ©Ö-©-v¨-¥m-iß ÷£õx ö£õ-Ö¨-¦-P-Îß Av-P-›¨¦ u¸-Á-x :
(A) |m-h® (B) C»õ-£®
(C) Buõ-¯® (D) ÷©Ø-Psh Hx-ªÀ-ø»
On revaluation, the increase in liabilities leads to :
(a) Loss (b) Profit
(c) Gain (d) None of these

£Sv - II / PART - II
SÔ¨¦ : GøÁ÷¯Ý® HÊ ÂÚõUPÐUS Âøh¯ÎUPÄ®. ÂÚõ Gs 30 &US
Pmhõ¯©õP Âøh¯ÎUPÄ®. 7x2=14
Note : Answer any seven questions. Question No. 30 is compulsory.
21. {ø» AÔUøP Gß-ÓõÀ GßÚ ?
What is statement of affairs ?

22. E°À öPõøh Gß-ÓõÀ GßÚ ?
What is legacy ?

23. PÂ-uõ Gß-£-Áº J¸ Tm-hõsø© {Ö-Á-Úz-vß Tm-hõÎ. AÁº ÁÇU-P-©õP JÆ-
öÁõ¸ ©õ-u-•® ` 2,500 Gkz-xU öPõÒ-Q-Óõº. Gk¨-¦-PÒ «x Ámi Bs-kU-S 4%
PnU- Q - h ¨- £ h ÷Ás- k ®. AÁº JÆ- ö Áõ¸ ©õu öuõ- h U- P z- v À Gkz- v - ¸ ¢- u õÀ
Gk¨-¦-PÒ «x Ámi \µõ-\› Põ» •øÓ-ø¯¨ £¯ß-£-kzv PnU-Q-h-Ä®.
Kavitha is a partner in a firm. She withdraws ` 2,500 p.m. regularly. Interest on
drawings is charged @ 4% p.a., calculate the interest on drawings using average

period, if she draws at the beginning of every month.

A

7 5957

24. E¯º C»õ-£® Gß-ÓõÀ GßÚ ?
What is super profit ?

25. v¯õP ÂQ-u® Gß-ÓõÀ GßÚ ?
What is sacrificing ratio ?

26. Tm-hõΠ»-PÀ Gß-ÓõÀ GßÚ ?
What is meant by retirement of a partner ?

27. A¨- x À Áøµ- ¯ Ö {Ö- © ® ` 10 ©v¨- ¦ ÒÍ 50,000 ÷|º- ø ©¨ £[- S - P - ø Í ` 3
•øÚ-©z-vÀ öÁÎ-°m-hx. AøÚzx öuõ-øP-²® Âs-n¨-£z-x-hß ö\¾z-u¨-
£m-hx. SÔ¨-÷£mk £v-Ä-P-øÍz uµ-Ä®.
Abdul Ltd, issues 50,000 equity shares of ` 10 each payable fully on application.
Pass journal entries if shares are issued at a premium of ` 3 per share.

28. RÌ-Psh uP-ÁÀ-P-Î-¼-¸¢x Âøµ-Ä ÂQ-uz-øuU PnU-Q-h-Ä®.
ö©õzu |h¨¦ ö£õ-Ö¨-¦-PÒ ` 2,40,000; ö©õzu |h¨¦ ö\õz-x-PÒ ` 4,50,000;
\µU-Q-¸¨-¦ ` 70,000; •ß Tm-ia ö\¾z-v¯ ö\»-Ä-PÒ ` 20,000.
Calculate quick ratio from the following details :
Total current liabilities ` 2,40,000; Total current assets ` 4,50,000; inventories
` 70,000; prepaid expenses ` 20,000.

29. uõ-Û-¯[-S® PnU-Q-¯À •øÓ Gß-ÓõÀ GßÚ ?
What is automated accounting system ?

30. ¤ß-Á-¸® ÂÁ-µ[-P-Î-¼-¸¢x u¸s ÷Põ {Ö-©z-vß J¨-¥mk Á-¸-©õÚ AÔU-øPø¯
u¯õº ö\´-¯-Ä®.
2016 - 17 2017 - 18
ÂÁ-µ® ` `
ÂØ-£øÚ ‰»® ö£ØÓ Á¸-Áõ´ 1,00,000 1,25,000

Cu-µ Á¸-©õ-Ú[-PÒ 25,000 20,000

ö\»-Ä-PÒ 75,000 60,000
From the following particulars, prepare comparative income statement of Tharun
Co. Ltd.
2016 - 17 2017 - 18
Particulars
` `
Revenue from operations 1,00,000 1,25,000
Other income 25,000 20,000

Expenses 75,000 60,000

A [ v¸¨¦P / Turn over

5957 8

£Sv & III / PART - III
SÔ¨¦ : GøÁ÷¯Ý® HÊ ÂÚõUPÐUS Âøh¯ÎUPÄ®. ÂÚõ Gs 40 &US
Pmhõ¯©õP Âøh¯ÎUPÄ®. 7x3=21

Note : Answer any seven questions. Question No. 40 is compulsory.

31. ¤ß-Á-¸® ÂÁ-µ[-P-Î-¼-¸¢x AÆ-Áõs-iÀ ÷©Ø-öPõsh ö©õzu ÂØ-£-øÚø¯
Ps-h-Ô-¯-Ä®.

ÂÁ-µ® `

2018 áÚ-Á› 1 AßÖ Ph-Úõ-Î-PÒ 1,30,000

AÆ-Áõs-iÀ Ph-Úõ-Î-P-Î-h-ª-¸¢x öµõU-P® ö£Ø-Ó-x 4,20,000

ÂØ-£-øÚz v¸¨-£® 35,000

Áõ-µõU Phß 15,000

2018 i\®-£º 31 AßÖ Ph-Úõ-Î-PÒ 2,00,000

öµõUP ÂØ-£-øÚ 4,60,000

From the following details find out total sales made during the year.

Particulars `

st
Debtors on 1 January 2018 1,30,000

Cash received from debtors during the year 4,20,000

Sales returns 35,000

Bad debts 15,000

st
Debtors on 31 December 2018 2,00,000

Cash sales 4,60,000

A

9 5957

32. BPõè, £õ-»õ, \¢-x¸ ©Ø-Ö® ÷hÛ-¯À J¸ {Ö-Á-Úz-vß Tm-hõ-Î-PÒ. Tm-hõsø©
J¨-£õ-Á-n® CÀ-»õ-u-÷£õx ¤ß-Á-¸-Á-Ú-ÁØøÓ GÆ-ÁõÖ ÷©Ø-öPõÒ-ú-PÒ ?
(i) BPõè AvP •uÀ ÁÇ[- Q - ² ÒÍõº. AÁº •uÀ- « x Ámi Bs- k U- S
10% ÷Põ-¸-Q-Óõº.
(ii) BPõè C»õ-£z-vøÚ •uÀ ÂQ-uz-vÀ £Qº¢-u-ÎUP ÷Ás-k® Gß-Q-Óõº.
BÚõÀ ¤Ó Tm-hõ-Î-PÒ Au-øÚ J¨-¦U-öPõÒÍÂÀ-ø».
(iii) \¢-x-¸-ÁõÀ {Ö-Á-Úz-vØS ÁÇ[-P¨-£mh Phß ` 50,000. AÁº Phß «x
Ámi Bs-kUS 12% ÷Ás-k-ö©ßÖ ÷Põ-¸-Q-Óõº.
Akash, Bala, Chandru and Daniel are partners in a firm. There is no partnership
deed. How will you deal with the following ?
(i) Akash has contributed maximum capital. He demands interest on capital at
10% per annum.
(ii) Akash demands the profit to be shared in the capital ratio. But, others do
not agree.
(iii) Loan advanced by Chandru to the firm is ` 50,000. He demands interest on
loan @ 12% per annum.

33. J¸ {Ö- Á - Ú z- v ß Ph¢u |õßS Bs- k - P - Î ß C»õ- £ [- P Ò ©Ø- Ö ® |m- h [- P Ò
¤ß-Á-¸-©õÖ :
2015 : ` 15,000 ; 2016 : ` 17,000 ; 2017 : ` 6,000 (|m-h®) ; 2018 : ` 14,000
4 Bs-k-P-Îß \µõ-\› C»õ-£z-vÀ 5 Bs-k-PÒ öPõÒ-•-uÀ GßÓ Ai¨-£-øh-°À
|Ø-ö£-¯-›ß ©v¨-ø£U PnU-Q-h-Ä®.
The profits and losses of a firm for the last four years were as follows :
2015 : ` 15,000 ; 2016 : ` 17,000 ; 2017 : ` 6,000 (Loss) ; 2018 : ` 14,000
You are required to calculate the amount of goodwill on the basis of 5 years
purchase of average profits of the last 4 years.

34. Tm-hõÎ ÷\ºU-S® ÷£õx ÷©Ø-öPõÒÍ ÷Ási¯ \›-Pm-k-uÀ-PÒ ¯õøÁ ?
What are the adjustments required at the time of admission of a partner ?

35. v-¯õP ÂQ-uz-vØ-S® Buõ¯ ÂQ-uz-vØ-S® EÒÍ ÷ÁÖ-£õ-k-PÒ ¯õøÁ ?
Distinguish between sacrificing ratio and gaining ratio.

A [ v¸¨¦P / Turn over

5957 10

36. µõ-áß {Ö-©® ` 6,00,000 ©v¨-¦ÒÍ C¯¢-v-µzøu öá-Pß {Ö-Á-Úz-v-h® C¸¢x
Áõ[-Q-¯x. Ax £[-öPõßÖ ` 10 ©v¨-¦ÒÍ •Ø-Ô-¾® ö\¾z-u¨-£mh ÷|º-ø©¨
£[-S-PøÍ AÁº-P-ÐUS ö\¾zu ÷Ás-i¯ öuõ-øPU-PõP ÁÇ[-Q-¯x. RÌU-Psh
{ø»-P-ÎÀ £v-¯ ÷Ás-i¯ SÔ¨-÷£m-k¨ £v-Ä-P-øÍz uµ-Ä®.
(i) £[-S-PøÍ •P-©-v¨-¤À öÁÎ-°m-hõÀ
(ii) £[-S-P-øÍ 50% •øÚ-©z-vÀ öÁÎ-°m-hõÀ
Rajan Ltd. purchased machinery of ` 6,00,000 from Jagan Traders. It issued
equity shares of ` 10 each fully paid in satisfaction of their claim. What entries
will be made if such issue is made ?

(i) shares issued at par.

(ii) at a premium of 50%.

37. ©›-¯õ ©Ø-Ö® P»õ {Ö-©z-vß ¤ß-Á-¸® uP-ÁÀPÎ-¼-¸¢x 2019 ©õºa 31 &B®
|õ- ÷ Íõk •i- Á - ø h- ² ® Bs- k U- S - › ¯ ö£õx AÍÄ Á¸- © õÚ AÔU- ø P- ø ¯z
u¯õº ö\´-¯-Ä®.

©›-¯õ {Ö-©® P»õ {Ö-©®
ÂÁ-µ®
` `

ÂØ-£øÚ ‰»® ö£ØÓ Á¸-Áõ´ 1,00,000 2,00,000

Cu-µ Á¸-©õ-Ú® 10,000 30,000

ö\»-Ä-PÒ 70,000 1,20,000

From the following particulars of Maria Ltd. and Kala Ltd., prepare common-size
income statement for the year ended 31st March 2019.

Maria Ltd. Kala Ltd.
Particulars
` `
Revenue from operations 1,00,000 2,00,000
Other income 10,000 30,000
Expenses 70,000 1,20,000

A

11 5957

38. ¤ß-Á-¸® uP-ÁÀ-P-Î-¼-¸¢x ¦Ó AP ö£õ-Ö¨-¦-PÒ ÂQ-uzøu PnU-Q-h-Ä®.

31.03.2018 Aß-øÓ¯ C¸¨¦ {ø»U SÔ¨-¦ - (Á-¸ -¯)
ÂÁ-µ® `

I. £[S ‰»-u-Ú® ©Ø-Ö® ö£õ-Ö¨-¦-PÒ
1. £[-S-uõ-µº {v

(A) £[S •uÀ
÷|º-ø©¨ £[-S-PÒ 1,00,000
(B) Põ¨-¦-PÒ ©Ø-Ö® ªS-v 60,000

2. }s-h-Põ-»¨ ö£õ-Ö¨-¦-PÒ :
}s-h-Põ» Phß-PÒ (Ph-Üm-k¨ £z-v-µ[-PÒ) 80,000
3. |h¨-¦¨ ö£õ-Ö¨-¦-PÒ :

(A) PnU-S-PÒ ‰»® ö\¾zu ÷Ás-i-¯-øÁ-PÒ 50,000

(B) Cu-µ |h¨-¦¨ ö£õ-Ö¨-¦-PÒ öPõ-k-£h ÷Ás-i¯ ö\»-Ä-PÒ 30,000

ö©õz-u® 3,20,000

From the following information calculate debt equity ratio.

Balance Sheet (Extract) as on 31.03.2018
Particulars `
I. Equity and Liabilities
1. Shareholder's Funds
(a) Share capital
Equity share capital 1,00,000
(b) Reserves and surplus 60,000
2. Non-Current liabilities :
Long-term borrowings (Debentures) 80,000
3. Current liabilities :
(a) Trade payables 50,000
(b) Other current liabilities
30,000
Outstanding expenses
Total 3,20,000

A [ v¸¨¦P / Turn over

5957 12

39. PnU-Q-¯À \õß-Óõ-Á-n® SÔzx ]Ö SÔ¨¦ Áøµ-P.
Write a brief note on Accounting Vouchers.

40. ¤ß-Á-¸® ÂÁ-µ[-PÒ ©õºz-uõs-h® ö£s-PÒ £s£õmk ©ß-Óz-vß CÖ-vU PnU-
S-P-ÎÀ GÆ-ÁõÖ ÷uõß-Ö® GÚU Põm-h-Ä®.
`
1.4.2018 AßÖ ÂøÍ-¯õm-k¨ ö£õ-¸ Ò-PÒ C¸¨-¦ : 32,000
AÆ-Áõs-iÀ Áõ[-Q¯ ÂøÍ-¯õm-k¨ ö£õ-¸Ò-PÒ : 1,68,000
AÆ-Áõs-iÀ £øÇ-¯ ÂøÍ-¯õm-k¨ ö£õ-¸Ò-PÒ ÂØ-Óx : 1,000
31.3.2019 AßÖ ÂøÍ-¯õm-k¨ ö£õ-¸ Ò-PÒ C¸¨-¦ : 20,000
How will the following appear in the final accounts of Marthandam Women Cultural
Association ?
`
Stock of sports materials on 1.4.2018 : 32,000
Sports materials purchased during the year : 1,68,000
Sale of old sports materials during the year : 1,000
Stock of sports materials on 31.3.2019 : 20,000

£Sv & IV / PART - IV
SÔ¨¦ : AøÚzx ÂÚõUPÐUS® Âøh¯ÎUPÄ®. 7x5=35
Note : Answer all the questions.
41. (A) ¤ß-Á-¸® ÂÁ-µ[-P-Î-¼-¸¢x ö©õz-uU öPõÒ-•-u-ø»U PnU-Q-h-Ä®.
ÂÁ-µ® `
2017 H¨-µÀ 1 Aß-Ö £Ø-£» Ph-Ü¢-÷uõº 75,000
2017 H¨-µÀ 1 AßÖ ö\¾z-uØ-S-›¯ ©õØ-Öa-^mk 60,000

Ph-Ü¢-÷uõ-¸US ö\¾z-v¯ öµõU-P® 3,70,000

ö\¾z-uØ-S-›¯ ©õØ-Öa-^m-kUS ö\¾z-v-¯x 1,00,000

öPõÒ-•-uÀ v¸¨-£® 15,000

öµõUP öPõÒ-•-uÀ 3,20,000

2018 ©õºa 31 AßÖ Ph-Ü¢-÷uõº 50,000

2018 ©õºa 31 AßÖ ö\¾z-uØ-S-›¯ ©õØ-Öa-^mk 80,000

AÀ-»-x

A

13 5957

(B) A¸-nß {Ö-©z-vß 31.03.2019 &B® |õ-øͯ ¤ß-Á-¸® C¸¨¦ {ø»U
SÔ¨-¤-¼-¸¢x :
(i) ¦Ó AP ö£õ-Ö¨-¦-PÒ ÂQ-u®
(ii) E›-ø©-¯õͺ ÂQ-u® ©Ø-Ö®
(iii) •-uÀ E¢-x-v-Óß ÂQ-u® PnU-Q-h-Ä®.

ÂÁ-µ® `
I £[S ‰»-u-Ú® ©Ø-Ö® ö£õ-Ö¨-¦ -PÒ
1. £[-S-uõ-µº {v
(A) £[-S •uÀ
÷|º-ø©¨ £[S •uÀ 1,50,000
8% •ß-Ý-›-ø©¨ £[S •uÀ 2,00,000

(B) Põ¨-¦-PÒ ©Ø-Ö® ªS-v 1,50,000
2. }s-h-Põ-»¨ ö£õ-Ö¨-¦-PÒ
}sh Põ-»U Phß-PÒ (9% Ph-Üm-k £z-v-µ[-PÒ) 4,00,000

3. |-h¨-¦¨ ö£õ-Ö¨-¦-PÒ
(A) Á[-Q-°-¼-¸¢x ö£ØÓ SÖ-Q¯ Põ» Phß-PÒ 25,000

(B) PnU-S-PÒ ‰»® ö\¾zu ÷Ás-i-¯-øÁ-PÒ 75,000

ö©õz-u® 10,00,000

II. ö\õz-x-PÒ
1. }s-h-Põ-»a ö\õz-x-PÒ
{ø»a ö\õz-x-PÒ 7,50,000
2. |h¨-¦a ö\õz-x-PÒ
(A) \µU-Q-¸¨¦ 1,20,000

(B) PnU-S-PÒ ‰»® ö£Ó ÷Ás-i-¯-øÁ-PÒ 1,00,000

(C) öµõU-P® ©Ø-Ö® öµõU-Pz-vØS \©-©õ-Ú-øÁ-PÒ 27,500

(D) Cu-µ |h¨¦ ö\õz-x-PÒ :
ö\»-Ä-P-øÍ •ß-Tm-ia ö\¾z-v-¯-x 2,500
ö©õz-u® 10,00,000

A [ v¸¨¦P / Turn over

5957 14

(a) From the following particulars calculate total purchases.
Particulars `
st
Sundry creditors on 1 April, 2017 75,000
st
Bills payable on 1 April, 2017 60,000
Paid cash to creditors 3,70,000
Paid for bills payable 1,00,000
Purchases returns 15,000
Cash purchases 3,20,000
st
Creditors on 31 March, 2018 50,000
Bills payable on 31st March, 2018 80,000
OR
(b) From the following Balance Sheet of Arunan Ltd. as on 31.03.2019. Calculate
(i) Debt-equity ratio
(ii) Proprietary ratio and
(iii) Capital gearing ratio

Particulars `
I. Equity and Liabilities
1. Shareholder's funds
(a) Share capital
Equity share capital 1,50,000
8% preference share capital 2,00,000
(b) Reserves and surplus 1,50,000
2. Non-current liabilities
Long-term borrowings (9% Debentures) 4,00,000
3. Current liabilities
(a) Short-term borrowings from banks 25,000
(b) Trade payables 75,000
Total 10,00,000
II. Assets
1. Non-current assets
7,50,000
Fixed Assets
2. Current assets
(a) Inventories 1,20,000
(b) Trade receivables 1,00,000
(c) Cash and cash equivalents 27,500
(d) Other current assets
Expenses paid in advance 2,500
Total 10,00,000

A

15 5957

42. (A) uªÌ PÀ-Â-°-¯À ©ß-Óz-vß RÌU-Põ-q® uP-ÁÀ-P-Î-¼-¸¢x 2019 ©õºa 31&B®
|õ- ÷ Íõk •i- Á - ø h- ² ® Bs- k U- S - › ¯ ö£Ö- u À- P Ò ©Ø- Ö ® ö\¾z- u À- P Ò
PnU-Q-øÚz u¯õº ö\´-¯-Ä®.

ÂÁ-µ® ` ÂÁ-µ® `

öuõ-hUP öµõUP C¸¨-¦ (1.4.2018) 18,000 Pm-h-h ® Áõ[-Q-¯ -x 2,10,000

Áõ-høP ö\¾z-v-¯x 6,000 £o-¯õͺ \®-£Í® 55,000

Eu-Âz öuõøP A-Îz-ux 15,200 \¢-uõ ö£Ø-Óx 2,65,000

~øÇ-ÄU Pm-h-n® ö£Ø-Ó-x 18,500

AÀ-»-x

(B) BPõè, •÷Pè ©Ø-Ö® \g-\´ GßÓ Tm-hõ-Î-PÒ 3 : 2 : 1 GßÓ ÂQ-uz-vÀ
C»õ-£[-PÒ ©Ø-Ö® |m-h[-Pøͨ £Qº¢x Á¢-u-Úº. 2017 ©õºa 31 AßÖ
AÁº-P-Ð-øh¯ C¸¨¦ {ø»U SÔ¨¦ ¤ß-Á-¸-©õÖ :

ö£õ-Ö¨-¦-PÒ ` ` ö\õz-x-PÒ `

•uÀ PnU-S-PÒ : Pm-h-h® 1,10,000

BPõè 40,000 Áõ-P-Ú® 30,000

•÷Pè 60,000 \µU-Q-¸¨¦ 26,000

\g-\´ 30,000 1,30,000 Ph-Úõ-Î-PÒ 25,000

C»õ-£-|mh £QºÄ P/S 12,000 øPöµõU-P® 15,000

ö£õ-xU Põ¨¦ 24,000

öuõ-È-»õͺ Dm-k-{v 18,000

ö\¾z-uØ-S-›¯ ©õØ-Öa-^m-k 22,000
2,06,000 2,06,000

£Qº¢x uµõ C»õ-£®, ö£õ-xU P
- õ¨¦ ©Ø-Ö® öuõ-È» - õͺ Dm-k{
- v ÷£õß-ÓÁ
- ØøÓ
£Qº¢uΨ£uØ-PõÚ SÔ¨-÷£mk £v-ÄP - Ò u¸-P. ÷©¾® Tm-hõ-ÎP - Î
- ß •uÀ
PnUøP u¯õ-›U-PÄ
- ®.

A [ v¸¨¦P / Turn over

5957 16

(a) From the following particulars of Tamil Educational Society, prepare Receipts
and Payments accounts for the year ended 31st March, 2019.

Particulars ` Particulars `
Opening cash balance as
18,000 Building purchased 2,10,000
on 1.4.2018
Rent paid 6,000 Staff salary 55,000
Scholarship given 15,200 Subscription received 2,65,000
Entrance fees received 18,500

OR

(b) Akash, Mugesh and Sanjay are partners in a firm sharing profits and losses
in the ratio of 3 : 2 : 1. Their balance sheet as on 31st March, 2017 is as
follows :

Liabilities ` ` Assets `
Capital accounts : Buildings 1,10,000
Akash 40,000 Vehicle 30,000
Mugesh 60,000 Stock in trade 26,000
Sanjay 30,000 1,30,000 Debtors 25,000
Profit and Loss appropriation A/c 12,000 Cash in hand 15,000
General reserve 24,000
Workmen compensation fund 18,000
Bills payable 22,000
2,06,000 2,06,000

Pass journal entry to transfer accumulated profit general reserve and workmen
compensation fund and prepare the capital account of the partners.

A

17 5957

43. (A) ¤ß-Á-¸® ÂÁ-µ[-P-ÎÀ C¸¢x E¯º C»õ-£z-vÀ 3 Bs-k-PÒ öPõÒ-•-uÀ
GßÓ Ai¨-£-øh-°À |Ø-ö£-¯-›ß ©v¨ø£ PnU-Q-h-Ä®.

(i) £¯ß-£-kz-u¨-£mh •-uÀ : ` 2,00,000

(ii) \õ-uõ-µn C»õ£ ÂQ-u® : 15%

(iii) ¯õ-£õ-µz-vß \µõ-\› C»õ-£® : ` 42,000

AÀ-»-x

(B) áõ´ {Ö-©® ` 10 ©v¨-¦ÒÍ 10,000 ÷|º-ø©¨ £[-S-PøÍ Âs-n¨-£z-vß
÷£õx ` 5, -JxU-Rm-iß ÷£õ-x ` 3, -•u-»õ® ©Ø-Ö® CÖ-v AøǨ-¤ß ÷£õx
` 2 -ö\¾z-x® ÁøP-°À öÁÎ-°-h¨-£m-h-x. 9,000 -£[-S-PøÍ Áõ[P ö£õ-x-
©U-PÒ Âs-n¨-¤z-xÒÍ-Úº. C¯U-S-|º-PÒ 9,000 -£[-S-P-øÍ-²® JxU-Rk ö\´x
AuØ-PõÚ öuõ-øP-ø¯-²® ö£Ø-ÖU öPõs-h-Úº. ÷uøÁ-¯õÚ SÔ¨-÷£m-k¨
£v-Ä-P-øÍ uµ-Ä®.

(a) From the following information, calculate the value of goodwill based on
3 years purchase of super profit.

(i) Capital employed : ` 2,00,000

(ii) Normal rate of return : 15%

(iii) Average profit of the business : ` 42,000

OR

(b) Joy company issued 10,000 equity shares at ` 10 per share payable ` 5 on
application, ` 3 on allotment and ` 2 on first and final call. The public
subscribed for 9,000 shares. The directors allotted all the 9,000 shares and
duly received the money. Pass the necessary journal entries.

A [ v¸¨¦P / Turn over

5957 18

44. (A) ¤ß-Á-¸® ©»º {Ö-©z-vß 2016 ©õºa 31 ©Ø-Ö® 2017 ©õºa 31 &B® |õ-øͯ
J¨-¥mk C¸¨¦ {ø»U SÔ¨-¤-øÚz u¯õº ö\´-¯-Ä®.
2016 ©õºa 31 2017 ©õºa 31
ÂÁ-µ®
` `
I. £[S ‰»-u -Ú® ©Ø-Ö® ö£õ-Ö¨-¦-PÒ
1. £[Suõ-µº {v
(A) £[S •uÀ 2,00,000 2,50,000
(B) Põ¨-¦® ªS-v-²® 50,000 50,000
2. }s-h-Põ-»¨ ö£õ-Ö¨-¦-PÒ
}sh Põ-»U Phß-PÒ 30,000 60,000
3. |h¨¦ ö£õ-Ö¨-¦-PÒ
PnU-S-PÒ ‰»®
ö\¾zu ÷Ás-i-¯-øÁ-PÒ 20,000 60,000
ö©õzu® 3,00,000 4,20,000
II. ö\õzxPÒ
1. }shPõ»a ö\õzxPÒ
(A) {ø»a ö\õzxPÒ 1,00,000 1,50,000
(B) }shPõ» •u½kPÒ 50,000 75,000
2. |h¨¦a ö\õzxPÒ
\µUQ¸¨¦ 75,000 1,50,000
öµõUP® ©ØÖ® öµõUPzvØS \©©õÚøÁPÒ 75,000 45,000
ö©õzu® 3,00,000 4,20,000
AÀ-»-x
(B) Fmi ©Ú- © - Q Ì ©ß- Ó z- v ß ¤ß- Á - ¸ ® ö£Ö- u À- P Ò ©Ø- Ö ® ö\¾z- u À- P Ò
PnU-Q-¼-¸¢-x 2018 ©õºa 31 &B® |õ-÷Íõk •i-Á-øh-²® Bs-kU-S-›¯
Á¸-Áõ´ ©Ø-Ö® ö\»-Â-ÚU PnUøP u¯õ-›U-P-Ä®.
ö£Ö-uÀ-PÒ ` ö\¾z-uÀ-PÒ `

öuõ-hUP C¸¨¦ : ÂøÍ-¯õm-k¨ ö£õ-¸Ò-PÒ
øP öµõU-P® 5,000 Áõ[-Q-¯-x 10,000
Áõ-høP ö£Ø-Óx 10,000 GÊx ö£õ-¸-ÐU-PõP ö\¾z-v-¯x 7,000
•u-½-k-PÒ ÂØ-Óx 8,000 Po¨-ö£õÔ Áõ[-Q-¯x 25,000

\¢-uõ ö£Ø-Ó-x 54,000 \®-£Í® 20,000

CÖ-v C¸¨¦
øP öµõU-P® 15,000

77,000 77,000

A

19 5957

(a) From the following particulars, prepare comparative balance sheet of Malar
Ltd. as on 31st March, 2016 and 31st March, 2017.

st st
31 March, 2016 31 March, 2017
Particulars
` `
I. Equity and Liabilities
1. Shareholder's fund
(a) Share capital 2,00,000 2,50,000
(b) Reserves and surplus 50,000 50,000
2. Non-current liabilities
Long-term borrowings 30,000 60,000
3. Current liabilities
Trade payables 20,000 60,000
Total 3,00,000 4,20,000
II. Assets
1. Non-current assets
(a) Fixed assets 1,00,000 1,50,000
(b) Non-current investments 50,000 75,000
2. Current assets
Inventories 75,000 1,50,000
Cash and cash equivalents 75,000 45,000
Total 3,00,000 4,20,000

OR
(b) From the following Receipts and Payment Account of Ooty Recreation Club,
prepare income and expenditure account for the year ended 31.03.2018.

Receipts ` Payments `
To opening balance By sports materials
10,000
Cash in hand 5,000 purchased
To rent received 10,000 By stationery paid 7,000
To sale of investments 8,000 By computer purchased 25,000
To subscription received 54,000 By salaries 20,000
By closing balance
Cash in hand 15,000
77,000 77,000

A [ v¸¨¦P / Turn over

5957 20

45. (A) ÿµõ® ©Ø-Ö® µõä GÝ® Tm-hõ-Î-PÒ •øÓ÷¯ 2 : 1 GÝ® ÂQ-uz-vÀ C»õ£
|m-h[-PøÍ £Qº¢x Á¢-u-Úº. 1.4.2017 AßÖ ö|À-\ß Gß-£-Áøµ ¦v¯
Tm- h õ- Î - ¯ õP ÷\ºz- u - Ú º. RÌU- P sh \›U- P m- k - u À- P Ò ÷©Ø- ö PõÒͨ- £ h
÷Ás-k®.
(i) \µU-Q-¸¨¦ ©v¨ø£ ` 5,000 E¯ºzu ÷Ás-k®.
(ii) Hk- P - Î À £v- Ä ö£Óõ- © - ¾ ÒÍ •u- ½ - k - P Ò ` 7,000 uØ- ÷ £õx £v- Ä
ö\´-uÀ ÷Ás-k®.
(iii) A¾-Á-»P \õ-u-Ú[-PÒ ©v¨-ø£ ` 10,000 SøÓUP ÷Ás-k®.
(iv) öPõ-k-£-hõ-©-¾ÒÍ T¼ ` 9,500 &US ÁøP ö\´¯ ÷Ás-k®.
SÔ¨-÷£m-k¨ £v-Ä-PÒ u¢x ©Ö-©-v¨-¥m-kU PnUøP u¯õ-›U-P-Ä®.
AÀ-»-x
(B) ¤ß-Á-¸® ÂÁ-µ[-P-Î-¼-¸¢x ö©õzu ÂØ-£-øÚø¯ PnU-Q-h-Ä®.
ÂÁµ® ` ÂÁµ® `
2018 H¨µÀ 1 AßÖ PhÚõÎPÒ 2,50,000 ö£ÖuØS›¯ ©õØÖa ^mk 15,000

©ÖUP¨£mhx
2018 H¨µÀ 1 AßÖ ö£ÖuØS›¯ 60,000 EÒ v¸¨£® 50,000

©õØÖa^mk
PhÚõÎPÎhª¸¢x ö£ØÓ öµõUP® 7,25,000 2019 ©õºa 31 AßÖ

ö£ÖuØS›¯ ©õØÖa^mk 90,000
ö£ÖuØS›¯ ©õØÖa^mkUPõP öµõUP® 1,60,000 2019 ©õºa 31 AßÖ £Ø£»

ö£ØÓx PhÚõÎPÒ 2,40,000
ÁõµõUPhß 30,000 öµõUP ÂØ£øÚ 3,15,000

(a) Sriram and Raj are partners sharing profits and losses in the ratio of 2 : 1.
Nelson joins as a partner on 1st April, 2017.
The following adjustments are to be made :
(i) Increase the value of stock by ` 5,000.
(ii) Bring into record investment of ` 7,000 which had not been recorded in
the books of the firm.
(iii) Reduce the value of office equipment by ` 10,000.
(iv) A provision would also be made for outstanding wages for ` 9,500.
Give journal entries and prepare revaluation account.

OR

A

21 5957

(b) From the following particulars, calculate total sales.
Particulars ` Particulars `
Debtors on 1st April 2018 2,50,000 Bills receivable dishonoured 15,000
st
Bills receivable on 1 April 2018 60,000 Returns inward 50,000
st
Cash received from debtors 7,25,000 Bills receivable on 31 March 2019 90,000
Cash received for bills receivable 1,60,000 Sundry debtors on 31st March 2019 2,40,000
Bad debts 30,000 Cash sales 3,15,000

46. (A) (i) - ¯À, ©õ»õ ©ØÖ® }»õ GßÓ TmhõÎPÒ u[PÒ C»õ£[PøÍ 2 : 2 : 1
P
-GßÓ ÂQuzvÀ £Qº¢x Á¢uÚº. P¯À GߣÁº Tmhõsø©ø¯ Âmk
»SQÓõº. ©õ»õ ©ØÖ® }»õÄUS® Cøh÷¯ EÒÍ ¦v¯ C»õ£ £QºÄ
ÂQu® 3 : 2 Buõ¯ ÂQuzøu PnUQhÄ®.
(ii) _ÛÀ, _©v ©ØÖ® _¢u› GßÓ TmhõÎPÒ u[PÒ C»õ£[PøÍ
3 : 3 : 4 GßÓ ÂQuzvÀ £Qº¢x Á¢uÚº. _¢u› GߣÁº
Tm- h õs- ø ©ø¯ Âmk »- S - Q - Ó õº ©Ø- Ö ® AÁ¸øh¯ £[S
•ÊÁøu²® _ÛÀ GkzxU öPõÒQÓõº. ¦v¯ C»õ£ £QºÄ ÂQu®
©ØÖ® Buõ¯ ÂQuzøuU PnUQhÄ®.
AÀ»x
(B) ¯õìªß ©ØÖ® \Uv {Ö©zvß ¤ßÁ¸® uPÁÀPμ¸¢x ö£õxAÍÄ
{v{ø» AÔUøP°øÚz u¯õº ö\´¯Ä®.
¯õìªß {Ö©® \Uv {Ö©®
ÂÁµ®
` `
I. £[S ‰»uÚ® ©ØÖ® ö£õÖ¨¦PÒ
1. £[Suõµº {v

(A) £[S •uÀ 2,00,000 3,00,000

(B) Põ¨¦® ªSv²® 50,000 60,000
2. }shPõ»¨ ö£õÖ¨¦PÒ
}shPõ»U PhßPÒ 1,50,000 1,80,000
3. |h¨¦¨ ö£õÖ¨¦PÒ

PnUSPÒ ‰»® ö\¾zu ÷Ási¯øÁPÒ 1,00,000 60,000
ö©õzu® 5,00,000 6,00,000

II. ö\õzxPÒ
1. }shPõ»a ö\õzxPÒ

(A) {ø»a ö\õzxPÒ 2,00,000 3,00,000

(B) }shPõ» •u½kPÒ 50,000 1,20,000
2. |h¨¦a ö\õzxPÒ

\µUQ¸¨¦ 2,00,000 90,000
öµõUP® ©ØÖ® öµõUPzvØS \©©õÚøÁPÒ 50,000 90,000

ö©õzu® 5,00,000 6,00,000

A [ v¸¨¦P / Turn over

5957 22

(a) (i) Kayal, Mala and Neela are partners sharing profits in the ratio of
2 : 2 : 1. Kayal retires and the new profit sharing ratio between Mala
and Neela is 3 : 2. Calculate the gaining ratio.
(ii) Sunil, Sumathi and Sundari are partners sharing profits in the ratio of
3 : 3 : 4. Sundari retires and her share is taken up entirely by Sunil.
Calculate the new profit sharing ratio and gaining ratio.
OR
(b) Prepare common-size statement of financial position for the following
particulars of Yasmin Ltd. and Sakthi Ltd.

Yasmin Ltd. Sakthi Ltd.
Particulars
` `
I. Equity and Liabilities

1. Shareholder's fund

(a) Share capital 2,00,000 3,00,000

(b) Reserves and surplus 50,000 60,000

2. Non-current liabilities

Long-term borrowings 1,50,000 1,80,000

3. Current liabilities

Trade payables 1,00,000 60,000

Total 5,00,000 6,00,000

II. Assets

1. Non-current assets

(a) Fixed assets 2,00,000 3,00,000

(b) Non-current investments 50,000 1,20,000

2. Current assets

Inventories 2,00,000 90,000

Cash and cash equivalents 50,000 90,000

Total 5,00,000 6,00,000

A

23 5957

47. (A) •÷Pè {Ö©zvß ¤ßÁ¸® C»õ£ |mh AÔUøP°¼¸¢x

(i) ö©õzu C»õ£ ÂQu®

(ii) {Pµ C»õ£ ÂQu® PnUQhÄ®
•÷Pè {Ö©zvß C»õ£|mh AÔUøP.

öuõøP
ÂÁµ®
`

I. ÂØ£øÚ ‰»® ö£ØÓ Á¸Áõ´ 2,50,000

II. Cuµ Á¸©õÚ®

•u½k ‰»® Á¸Áõ´ 20,000

III. ö©õzu Á¸Áõ´ (I+II) 2,70,000

IV. ö\»ÄPÒ :

öPõÒ•uÀ ö\´u \µUSPÒ 90,000

\µUQ¸¨¦ ©õØÓ® 10,000

£o¯õͺ |»ßPÐUPõÚ ö\»ÄPÒ 15,000

Cuµ ö\»ÄPÒ 55,000

Á› JxUS 25,000

ö©õzu ö\»ÄPÒ 1,95,000

V. AÆÁõsiØPõÚ C»õ£® 75,000

AÀ»x
(B) PoÛ©¯U PnUQ¯À •øÓ°ß £¯ß£õkPÎÀ H÷uÝ® I¢vøÚ
ÂÍUPÄ®.

A [ v¸¨¦P / Turn over

5957 24

(a) From the following statement of profit and loss of Mukesh Ltd. Calculate,
(i) Gross profit ratio
(ii) Net profit ratio

Statement of Profit and Loss
Amount
Particulars
`
I. Revenue from operations 2,50,000
II. Other income :
Income from investment 20,000
III. Total revenues (I + II) 2,70,000
IV. Expenses :
Purchase of stock in trade 90,000
Charges in inventories 10,000
Expenses on Employee benefits 15,000
Other expenses 55,000
Provision for Tax 25,000
Total Expenses 1,95,000
V. Profit for the year 75,000

OR
(b) Explain any five applications of computerised accounting systems.

-oOo-

A