TN 12th Question Paper 2026 Accountancy

FOR TN 12TH EXAM PREPARATION

TN 12th 2026
Question Paper ·
Accountancy
EXAM YEAR TYPE SUBJECT

TN 12th 2026 Question Paper Accountancy

Notes · Sample Papers · Previous Year Papers · Mock Tests

m
m .co
m .co s e m
se g l a
a
No. of Printed Pages : 28
9057
£vÄ Gs
M Register Number

!9057Accountancy!
m
m .co
m .co PART - III
s e m
s e l a
l aPnUS¨£v¯À / ACCOUNTANCY
ag
ag 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®
m
EhÚi¯õPz öu›ÂUPÄ®.
m .co
(2) }»® AÀ»x P¸¨¦ ø©°øÚ ©mk÷© GÊxÁuØS®
s e
la
AiU÷PõikÁuØS® £¯ß£kzu ÷Ásk®. £h[PÒ ÁøµÁuØS
g
ö£ß]À £¯ß£kzuÄ®. a
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.

m
.co
£Sv & I / PART - I

m
m .co
SÔ¨¦ : (i) AøÚzx ÂÚõUPÐUS® Âøh¯ÎUPÄ®.
s em 20x1=20

s e g a
öPõkUP¨£mkÒÍ |õßS ©õØÖ ÂøhPÎÀ lªPÄ® Hئøh¯
la
(ii)

g a
a
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.

om .
[ v¸¨¦P / Turn over

.c e m
em l as
las ag
ag For more Question Papers, Sample Papers, Notes & Syllabus visit Page 1 of 28

9057 2

1. •Êø©ö£Óõ £v÷ÁkPøÍ ö£õxÁõP £µõ©›zx Á¸Áx :

(A) ]Ô¯ AÍ»õÚ uÛBÒ ÁoP®

(B) {Ö©®

(C) £ßÚõmk {ÖÁÚ[PÒ

(D) Aµ_
Incomplete records are generally maintained by :

(a) Small sized Sole trader business

(b) A Company

(c) Multinational enterprises

(d) Government

2. E›ø©¯õÍ›ß ö\õzxPÒ ` 90,000 ©ØÖ® ö£õÖ¨¦PÒ ` 26,000 GÛÀ AÁ¸øh¯
•uÀöuõøP :

(A) ` 21,000 (B) ` 85,000 (C) ` 64,000 (D) ` 1,06,000

What is the amount of Capital of the Proprietor, if his Assets are ` 90,000 and Liabilities are

` 26,000 ?

(a) ` 21,000 (b) ` 85,000 (c) ` 64,000 (d) ` 1,06,000

3. ö£ÖuÀPÒ ©ØÖ® ö\¾zuÀPÒ PnUS J¸ :

(A) BÒ\õº PnUS (B) ö£¯µÍÄ PnUS

(C) ¤µv{vzxÁ BÒ\õº PnUS (D) ö\õzx PnUS
Receipts and Payments account is a :

(a) Personal A/c (b) Nominal A/c

(c) Representative Personal A/c (d) Real A/c

M

For more Question Papers, Sample Papers, Notes & Syllabus visit Page 2 of 28

m
m .co
m .co s e m
se g l a
3
a 9057

4. E°ÀöPõøh J¸ :
(A) Á¸Áõ°Ú ÁµÄ (B) Á¸Áõ°Úa ö\»Ä
(C) •u¼Ú ÁµÄ (D) •u¼Úa ö\»Ä
m
.co
Legacy is a :

m
(a) Revenue receipt

m .co (b) Revenue expenditure

s e m
s e l a
ag
(c) Capital receipt (d) Capital expenditure

g l a
a
5. ¤ßÁ¸ÁÚÁØÔÀ Gx C»õ£ |mh¨ £QºÄ PnUQÀ Põmh¨£k® ?
(A) Tmhõ롧 Fv¯® (B) A¾Á»Pa ö\»ÄPÒ
(C) Á[QUPhß «uõÚ Ámi (D) £o¯õͺ Fv¯®
Which of the following is shown in Profit and Loss appropriation account ?

m
.co
(a) Partner’s salary (b) Office expenses

em
(c) Interest on bank loan (d) Salary of staff

las
6.
g
a TmhõÎPÒ ö£Óz uSv²øh¯x :
Tmhõsø© J¨£¢u® CÀ»õu÷£õx
(A) Phß «x Ámi (B) \®£Í®
(C) •uÀ «x Ámi (D) PÈÄ
In the absence of an agreement, partners are entitled to :

m
(a) Interest on loan (b) Salary

m .co
.co
(c) Interest on capital (d) Commission

m s em
s e la
BPgC¸US®
g la 7. \µõ\› C»õ£® ` 45,000 ©ØÖ® \õuõµn C»õ£® ` 35,000
a ÷£õx E¯º
a C»õ£® :
(A) ` 10,000 (B) ` 25,000 (C) ` 15,000 (D) ` 5,000

When the average profit is ` 45,000 and the normal profit is ` 35,000 super profit is :

(a) ` 10,000 (b) ` 25,000 (c) ` 15,000 (d) ` 5,000

M [ v¸¨¦P / Turn over

m .
.co s e m
s em l a
g la ag
a For more Question Papers, Sample Papers, Notes & Syllabus visit Page 3 of 28

9057 4

8. J¸ ¯õ£õµzvß ö©õzu ‰»uÚ ©v¨¦ ö\õzxPÒ ` 1,00,000; ` 1,50,000 ©ØÖ®
ö£õÖ¨¦PÒ ‰»uÚ©õUP •øÓ°À |Øö£¯›ß ©v¨¦ :
` 80,000.

(A) ` 1,00,000 (B) ` 40,000 (C) ` 30,000 (D) ` 70,000

The total capitalised value of a business is ` 1,00,000; Assets are ` 1,50,000 and Liabilities are

` 80,000. The value of Goodwill as per the capitalisation method will be :

(a) ` 1,00,000 (b) ` 40,000 (c) ` 30,000 (d) ` 70,000

9. ©Ö©v¨¥miÀ ö\õzxPÎß ©v¨¦ E¯ºÁx :

(A) |mh® (B) ö\»Ä

(C) Buõ¯® (D) CÁØÖÒ GxĪÀø»

On Revaluation, the increase in the value of assets leads to :

(a) Loss (b) Expense

(c) Gain (d) None of these

10. Tmhõ롧 ¦v¯ C»õ£¨£QºøÁ Âh £øǯ C»õ£¨ £QºÄ AvP©õP
C¸¢uõÀ AÆ÷ÁÖ£õk AøÇUP¨£kÁx :

(A) v¯õP ÂQu® (B) Buõ¯ ÂQu®

(C) •uÀ ÂQu® (D) CÁØÖÒ GxĪÀø»

If the old profit sharing ratio is more than the new profit sharing ratio of a partner, the

difference is called :

(a) Sacrificing ratio (b) Gaining ratio

(c) Capital ratio (d) None of these

M

For more Question Papers, Sample Papers, Notes & Syllabus visit Page 4 of 28

m
m .co
m .co s e m
se g l a
5
a 9057

11. TmhõÎ J¸Áº áüß AßÖ Tmhõsø© {ÖÁÚzv¼¸¢x »SQÓõº. AÁº
30

Tmhõsø© {ÖÁÚzvß AøÚzx ö\¯ÀPÐUS® ö£õÖ¨£õÁx :

(A) TmhõΠ»S® |õÒ ÁøµUS®

m
.co
(B) |h¨¦ PnUPõsiß CÖv ÁøµUS®
m
.co s e m
em
(C) Tmhõ롧 PnUøPz wºÄ ö\´²® ÁøµUS®
s l a
la PnUPõsiß CÖv ÁøµUS®
(D) •¢øu¯
g ag
a
A partner retires from the partnership firm on 30
th
June. He is liable for all the acts of the

firm up to the :

(a) Date of his retirement

(b) End of the current accounting period

(c) Date of his final settlement

m
(d) End of the previous accounting period
.co
s em
g la
12.
a
TmhõΠ»P¼ß ÷£õx ö£õxUPõ¨¦ ©õØÓ¨£kÁx :

(A) öuõh¸® TmhõÎPÎß •uÀ PnUQØS

(B) AøÚzx TmhõÎPÎß •uÀ PnUQØS

(C) {øÚÄU SÔ¨¦ ©Ö©v¨¥mk PnUQØS
m
m
(D) ©Ö©v¨¥mkU PnUQØS
.co
m .co s e m
s e
On retirement of a partner, general reserve is transferred to the :

g l a
g la (a) Capital account of the continuing partners a
a (b) Capital account of all the partners

(c) Memorandum Revaluation account

(d) Revaluation account

M [ v¸¨¦P / Turn over

m .
.co s e m
s em l a
g la ag
a For more Question Papers, Sample Papers, Notes & Syllabus visit Page 5 of 28

9057 6

13. •P©v¨ø£ Âh AvP©õP ö£ØÓ öuõøP ÁµÄ øÁUP¨£k® PnUS :
(A) £[S •uÀ PnUS (B) £zvµ •øÚ©U PnUS
(C) £[S JÖ¨¤Ç¨¦U PnUS (D) AøǨ¦ •ß£nU PnUS
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. ö\¾zu¨£mh,
` 8 ©v¨¦ÒÍ £[S JÖ¨¤Ç¨¦ ö\´¯¨£mhx GÛÀ, Auß
` 10

SøÓ¢u AÍÄ ©Ö öÁαmk Âø» :
(A) £[öPõßÖ ` 5 (B) £[öPõßÖ ` 10

(C) £[öPõßÖ ` 2 (D) £[öPõßÖ ` 8

If a share of ` 10 on which ` 8 has been paid up is forfeited, Minimum reissue price is :

(a) ` 5 per share (b) ` 10 per share

(c) ` 2 per share (d) ` 8 per share

15. {v GßÝ® ö\õÀ SÔ¨¤kÁx :
(A) {ø»a ö\õzxPÒ (B) |h¨¦¨ ö£õÖ¨¦PÒ
(C) }shPõ»a ö\õzxPÒ (D) |øh•øÓ •uÀ
The term “fund” refers to :

(a) Fixed Assets (b) Current Liabilities

(c) Non-current Assets (d) Working Capital

16. J¸ Áøµ¯Ö {Ö©zvß ÂØ£øÚ &¼¸¢x &US AvP›zxÒÍx.
` 1,00,000 ` 1,25,000

Cx J¨¥mk Á¸©õÚ AÔUøP°À GÆÁõÖ ÷uõßÖQÓx ?
(A) −1 2 0 % (B) +2 5 % (C) −2 5 % (D) +1 2 0 %

A Limited company’s sales has increased from ` 1,00,000 to ` 1,25,000. How does this appear

in comparative income statement ?

(a) −1 2 0 % (b) +2 5 % (c) −2 5 % (d) +1 2 0 %

M

For more Question Papers, Sample Papers, Notes & Syllabus visit Page 6 of 28

m
m .co
m .co s e m
se g l a
7
a 9057

17. J¸ CÚ® ©ØöÓõ¸ CÚz÷uõk ö£ØÔ¸US® öuõhº¤øÚ Pou¯À •øÓ°À
TÖÁx :
(A) ©õv› (B) •iÄ (C) wº©õÚ® (D) ÂQu®
The mathematical expression that provides a measure of the relationship between two figures
m
is called :

m .co
(a) Model
.co (b) Conclusion (c) Decision (d) Ratio

s e m
s em l a
¦Ó AP g la ag
18.
a ö£õÖ¨¦PÒ AÍÂkÁx :
(A) C»õ£® Dmk® vÓß (B) SÖQ¯ Põ»U Phß wºUS® vÓß
(C) ö\¯ÀvÓß (D) }sh Põ»U Phß wºUS® vÓß
Debt Equity Ratio is a measure of :

(a) Profitability (b) Short term solvency

m
.co
(c) Efficiency (d) Long term solvency

e m
19. GÝ® £¯ß£õk :
F11
las
g
(A) PnUQ¯À \õßÓõÁn[PÒa (B) {ÖÁÚ Pmhø©¨¦
(C) {ÖÁÚ¨ £s¦TÖPÒ (D) CøÁPÎÀ GxÄ® CÀø»
Function key F11 is used for :

(a) Accounting vouchers (b) Company configuration

(c) Company features (d) None of these

m
om PnUS ¤ßÁ¸® G¢u uø»¨¤ß RÌ Á¸® ?
c. T¼U m .co
20.

m (A) ©øÓ•P Á¸©õÚ[PÒ s e
s e g l a
la a
(B) ÷|µi Á¸©õÚ[PÒ
ag (C) ©øÓ•P ö\»ÂÚ[PÒ (D) ÷|µi ö\»ÂÚ[PÒ
Wages account comes under which of the following heads ?

(a) Indirect incomes (b) Direct incomes

(c) Indirect expenses (d) Direct expenses

M [ v¸¨¦P / Turn over

m .
.co s e m
s em l a
g la ag
a For more Question Papers, Sample Papers, Notes & Syllabus visit Page 7 of 28

9057 8

£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 GßÓõÀ GßÚ ?
What is a statement of affairs ?

22. J¸ ©ßÓzvØS öuõhº¦øh¯ ¤ßÁ¸® ÂÁµ[Pμ¸¢x 2018 &B® BsiÀ
\¢uõ ‰»® ö£Ö® Á¸Áõø¯U PnUQhÄ®.

1.1.2018 31.12.2018
ÂÁµ® ` `

\¢uõ ö£Ó ÷Ási¯x 3,000 5,000

•ßTmi¨ ö£ØÓ \¢uõ 4,000 7,000

2018 B® BsiÀ \¢uõ ö£ØÓx : ` 45,000.

Compute income from subscription for the year 2018 from the following particulars relating

to a club.

1.1.2018 31.12.2018
Particulars
` `

Outstanding subscription 3,000 5,000

Subscription received in advance 4,000 7,000

Subscription received during the year 2018 : ` 45,000.

23. {ø»•uÀ •øÓ GßÓõÀ GßÚ ?
What is meant by fixed capital method ?

24. E¯º C»õ£® GßÓõÀ GßÚ ?
What is Super profit ?

M

For more Question Papers, Sample Papers, Notes & Syllabus visit Page 8 of 28

m
m .co
m .co s e m
se g l a
9
a 9057

25. ö\õzxUPÒ ©ØÖ® ö£õÖ¨¦PøÍ ©Ö©v¨¥k ö\´uÀ GßÓõÀ GßÚ ?

What is meant by Revaluation of assets and liabilities ?

m
.co
©ØÖ® GßÓ TmhõÎPÒ GßÓ ÂQuzvÀ C»õ£® ©ØÖ® |mh[Pøͨ
m
26. A, B C 5 : 3 : 2

.co m
£Qº¢x Á¢uÚº. AßÖ Tmhõsø©ø¯ Âmk »QÚõº. AÁ¸øh¯
e
31.3.2019 ‘A’

e m
»P¼ß ÷£õx {ÖÁÚzvß PnU÷PkPÒ Põ¨¦ {v°øÚU Põmi¯x. ` 1,00,000

l as
as
Põ¨¦ {v°øÚ ©õØÖÁuØS ÷uøÁ¯õÚ SÔ¨÷£mk¨ £vÂøÚ uµÄ®.
l ag
ag
A, B and C are partners sharing profits and losses in the ratio of 5 : 3 : 2. On 31.3.2019,

‘A’ retired. On the date of retirement, the books of the firm showed a reserve fund of

` 1,00,000. Pass journal entry to transfer the reserve fund.

27. £[SPÒ Hß JÖ¨¤Ç¨¦ ö\´¯¨£kQßÓÚ ?

Why are the shares forfeited ?

m
m .co
s e
la
28. A¸Ò {Ö©zvß ¤ßÁ¸® uPÁÀPμ¸¢x J¨¥mk Á¸©õÚ AÔUøPø¯z
u¯õ›UPÄ®.
ag
2015-16 2016-17
ÂÁµ® ` `

ÂØ£øÚ ‰»® ö£ØÓ Á¸Áõ´ 50,000 60,000

Cuµ Á¸©õÚ® 10,000 30,000

ö\»ÄPÒ 40,000 50,000

m
m .co
m .coFrom the following particulars, prepare comparative income statement of Arul Ltd.

s e m
s e g l a
la a
2015-16 2016-17

ag Particulars
` `

Revenue from operations 50,000 60,000

Other income 10,000 30,000

Expenses 40,000 50,000

M [ v¸¨¦P / Turn over

m .
.co s e m
s em l a
g la ag
a For more Question Papers, Sample Papers, Notes & Syllabus visit Page 9 of 28

9057 10

29. ÂøµÄ ÂQu® GßÓõÀ GßÚ ?
What is quick ratio ?

30. Tally.ERP 9 &À C¸¨£õ´øÁ GÆÁõÖ £õºøÁ°kÁx Gߣøu ÂÍUPÄ®.
Explain how to view Trial balance in Tally.ERP 9.

£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. ©õºa
2019, AßÖ uõ©ì GߣÁ›ß HkPμ¸¢x ö£Ó¨£mh C¸¨¦PÒ
31

¤ßÁ¸©õÖ :

ÂÁµ® ` ÂÁµ® `

£Ø£» PhÜ¢÷uõº 6,00,000 ö\¾zuØS›¯ ©õØÖa^mk 1,20,000

AøÓP»ß 80,000 øPöµõUP® 20,000

{»® ©ØÖ® Pmhh® 3,00,000 ö£ÖuØS›¯ ©õØÖa^mk 60,000

£Ø£» PhÚõÎPÒ 3,20,000 \µUQ¸¨¦ 2,20,000

©õºa &B® |õøͯ {ø» AÔUøP u¯õ›UPÄ® ©ØÖ® A¢|õøͯ •uÀ
2019, 31

PshԯĮ.
st
Following are the balances in the books of Thomas as on 31 March 2019.

Particulars ` Particulars `

Sundry creditors 6,00,000 Bills payable 1,20,000

Furniture 80,000 Cash in hand 20,000

Land and building 3,00,000 Bills Receivable 60,000

Sundry debtors 3,20,000 Stock 2,20,000

st
Prepare a Statement of affairs as on 31 March 2019 and calculate capital as at that date.

M

For more Question Papers, Sample Papers, Notes & Syllabus visit Page 10 of 28

m
m .co
m .co s e m
se g l a
11
a 9057

32. ¤ßÁ¸® ÂÁµ[PÒ J¸ ©ßÓzvß ©õºa &B® |õ÷Íõk •iÁøh²® 2018 31

BskUS›¯ CÖvU PnUSPÎÀ GÆÁõÖ ÷uõßÖ® GÚU PõmhÄ®.

©õºa B® |õ÷Íõk •iÁøh²®
2018 31

m
m
BsiØS›¯ ö£ÖuÀPÒ ö\¾zuÀPÒ PnUS
.co
£
m .co Á s e m
s e l a
ö£ÖuÀPÒ
l a ö\¾zuÀPÒ
ag
` ` `

\¢uõ ag
2016-2017 10,000

2017-2018 50,000

2018-2019 5,000 65,000

m
.co
©ßÓzvÀ EÒÍ 200 EÖ¨¤ÚºPÒ JÆöÁõ¸Á¸® Bsk \¢uõÁõP ` 400

em
ö\¾zxQßÓÚº. 2016-2017 B® BsiÀ CßÝ® ö£Ó ÷Ási¯ \¢uõ ` 2,000.

las
31
st
March 2018 ? ag
How will the following items appear in the Final accounts of a Club for the year ending

st
Receipts and payments Account for the year ended 31

March 2018.

Dr. Cr.

m
Receipts ` ` Payments `

m .co
.co
To subscription

e m
e m
2016-2017 10,000

l as
las 2017-2018 50,000

ag
ag 2018-2019 5,000 65,000

There are 200 members in the Club each paying an annual subscription of ` 400 per annum.

Subscription still outstanding for the year 2016-2017 is ` 2,000.

M [ v¸¨¦P / Turn over

m .
.co s e m
s em l a
g la ag
a For more Question Papers, Sample Papers, Notes & Syllabus visit Page 11 of 28

9057 12

33. _©v GߣÁº J¸ Tmhõsø© {ÖÁÚzvß TmhõÎ. AÁº ÁÇUP©õP
JÆöÁõ¸ ©õu•® GkzxU öPõÒQÓõº. Gk¨¦PÒ «x Ámi BskUS
` 5,000

4%PnUQh¨£h ÷Ásk®. Gk¨¦PÒ «x Ámi \µõ\› Põ» •øÓø¯¨
£¯ß£kzv RÌUPsh `Ì{ø»PÎÀ PnUQhÄ®. AÁº,

(i) JÆöÁõ¸ ©õuz öuõhUPzvÀ Gkzv¸¢uõÀ

(ii) JÆöÁõ¸ ©õu Cøh°À Gkzv¸¢uõÀ
Sumathi is a partner in a firm. She withdraws ` 5,000 p.m. regularly. Interest on Drawings

is charged @ 4% p.a. Calculate the interest on Drawings using average period, if she draws

(i) at the beginning of every month

(ii) in the middle of every month

34. ¤ßÁ¸® ÂÁµ[PøÍU öPõsk, BskzöuõøP •øÓ°À |Øö£¯›ß
©v¨ø£U PnUQhÄ®.

(i) \µõ\› C»õ£® ` 24,000

(ii) \õuõµn C»õ£® ` 14,000

(iii) \õuõµn C»õ£ ÂQu® 15%

(iv) |Øö£¯¸UPõÚ öPõÒ•uÀ BskPÒ 5

5BskPÎÀ BskUS 15% GßÓ Ámi ÂQuzvÀ ` 1 &ß uØ÷£õøu¯
BskzöuõøP ©v¨¦ ` 3.352.

From the following information, calculate the value of Goodwill under Annuity method.

(i) Average profit ` 24,000

(ii) Normal profit ` 14,000

(iii) Normal rate of return 15%

(iv) Years of purchase of goodwill : 5

Present value of ` 1 for 5 years at 15% per annum as per the Annuity table is ` 3.352.

M

For more Question Papers, Sample Papers, Notes & Syllabus visit Page 12 of 28

m
m .co
m .co s e m
se g l a
13
a 9057

35. TmhõÎ ÷\º¨¤ß ÷£õx ÷©ØöPõÒÍ ÷Ási¯ \›PmkuÀPÒ ¯õøÁ ?

What are the adjustments required at the time of admission of a partner ?

m
m .co
.co s e m
36.
em µg]z GßÓ TmhõÎPÒ u[PÒ C»õ£® ©ØÖ® |mh[PøÍ
PÂß, ©uß ©ØÖ®
s g l a
•øÓ÷¯ la a
ag
GßÓ ÂQuzvÀ £Qº¢x Á¢uÚº.
4 : 3 : 3 i\®£º AßÖ PÂß 2018 31

Tmhõsø©ø¯ Âmk »SQÓõº. AÁº »S® |õÎÀ AÁ¸øh¯ •uÀ
PnUS ÁµÂ¸¨ø£U Põmi¯x. ¤ßÁ¸® {ø»PÎÀ £v¯ ÷Ási¯
` 1,50,000

SÔ¨÷£mk¨ £vÄPøÍz uµÄ®.

(i) »S® TmhõÎUSa ö\¾zu ÷Ási¯ öuõøP EhÚi¯õP Põ÷\õø» ‰»®
m
.co
ö\¾zu¨£mhx.

e m
(ii)
las
»S® TmhõÎUSa ö\¾zu ÷Ási¯ öuõøP EhÚi¯õPa ö\¾zu¨£h
ÂÀø». ag

(iii) EhÚi¯õP Põ÷\õø» ‰»® ö\¾zu¨£mhx, «uzöuõøP CßÝ®
` 1,00,000

ö\¾zu¨£h EÒÍx.

Kavin, Madhan and Ranjith are partners sharing profits and losses in the ratio of 4 : 3 : 3

m
m .co
st
respectively. Kavin retires from the firm on 31 December, 2018. On the date of retirement,

m .cohis capital account shows a credit balance of ` 1,50,000. Pass journal entries if

s e m
s e g l a
g la (i) The amount due is paid off immediately by cheque.
a
a
(ii) The amount due is not paid immediately.

(iii) ` 1,00,000 is paid by cheque and the balance in future.

M [ v¸¨¦P / Turn over

m .
.co s e m
s em l a
g la ag
a For more Question Papers, Sample Papers, Notes & Syllabus visit Page 13 of 28

9057 14

37. AøǨ¦ •ß£n® SÔzx _¸UP©õP GÊuÄ®.
Write a brief note on calls in advance.

38. J¨¥mk AÔUøP u¯õ›¨¤À EÒÍ £i{ø»PøÍ ÂÍUPÄ®.
Explain the steps involved in preparing comparative statement.

39. ¤ßÁ¸® uPÁÀPμ¸¢x •uÀ E¢xvÓß ÂQuzøuU PnUQhÄ®.

2018 ©õºa 31 B® |õøͯ C¸¨¦{ø» SÔ¨¦ (Á¸Â¯)
öuõøP
ÂÁµ® `

I £[S ‰»uÚ® ©ØÖ® ö£õÖ¨¦PÒ
1. £[Suõµº {v

(A) £[S •uÀ
÷|ºø©¨£[S •uÀ 4,00,000

1,00,000
•ßÝ›ø©¨£[S •uÀ
5%

(B) Põ¨¦PÒ ©ØÖ® ªSv
ö£õxUPõ¨¦ 2,50,000

1,50,000
ªSv

2. }shPõ»¨ ö£õÖ¨¦PÒ
}shPõ»U PhßPÒ
( PhÜmk¨ £zvµ[PÒ)
6%
3,00,000

3. |h¨¦¨ ö£õÖ¨¦PÒ
PnUSPÒ ‰»® ö\¾zu
÷Ási¯øÁPÒ
1,20,000

Á› JxUS 30,000

ö©õzu® 13,50,000

M

For more Question Papers, Sample Papers, Notes & Syllabus visit Page 14 of 28

m
m .co
m .co s e m
se g l a
15
a 9057

From the following information calculate capital gearing ratio :

Balance sheet (Extract) as on 31.03.2018

Amount
m
m Particulars `
.co
m .co s e m
s e l a
ag
I EQUITY AND LIABILITIES

g l a
a
1. Shareholders' funds

(a) Share capital

Equity share capital 4,00,000

5% Preference share capital 1,00,000

(b) Reserves and Surplus

General Reserve 2,50,000

m
c. o
Surplus 1,50,000

e m
s
2. Non-current Liabilities

Long-term borrowings

g la
(6% Debentures)
a 3,00,000

3. Current Liabilities

Trade Payables 1,20,000

Provision for tax 30,000

m
.co
Total 13,50,000

m
.co s e m
s em g l a
g la Gvº¨£vÄ \õßÓõÁn® GßÓõÀ GßÚ ? AuøÚa £vÄ ö\´ÁuØPõÚ
a 40.

|øh•øÓPøÍ GÊuÄ®.

What is meant by Contra Voucher ? Write the procedure to record the Contra Voucher.

M [ v¸¨¦P / Turn over

m .
.co s e m
s em l a
g la ag
a For more Question Papers, Sample Papers, Notes & Syllabus visit Page 15 of 28

9057 16

£Sv & IV / PART - IV

SÔ¨¦ : AøÚzx ÂÚõUPÐUS® Âøh¯ÎUPÄ®. 7x5=35

Note : Answer all the questions.

41. (A) A®¤Põ uß PnU÷PkPøÍ Cµmøh¨£vÄ •øÓ°À £µõ©›zx
Á¸ÁvÀø». 2018 ©õºa 31 B® |õ÷Íõk •iÁøh²® BskUS›¯ C»õ£®
AÀ»x |mh® PshԯĮ.

31.3.2017 31.3.2018
ÂÁµ® ` `

5,000 60,000
Á[Q öµõUP® (£) (Á)
øP öµõUP® 3,000 4,500

\µUQ¸¨¦ 35,000 45,000

£Ø£» PhÚõÎPÒ 1,00,000 90,000

ö£õÔ ©ØÖ® C¯¢vµ® 80,000 80,000

{»® ©ØÖ® Pmhh[PÒ 1,40,000 1,40,000

£Ø£» PhÜ¢÷uõº 1,70,000 1,30,000

A®¤Põ uÚx ö\õ¢u £¯ÝUPõP ` 60,000 GkzxU öPõshõº. AÁº
ußÝøh¯ ¯õ£õµzøu ›Ĩ£kzxÁuØPõP ` 17,000 TkuÀ •uÀ
öPõsk Á¢uõº. PhÚõÎPÒ «x 5% JxURk E¸ÁõUPÄ®. ö£õÔ ©ØÖ®
C¯¢vµ® «x 10% ÷u´©õÚ® }UPÄ®.

AÀ»x

(B) PnUQ¯À AÔUøPPÒ GßÓõÀ GßÚ ? PnUQ¯À AÔUøPøÍ
ÁiÁø©zu¼ß £i{ø»PÒ ¯õøÁ ?

M

For more Question Papers, Sample Papers, Notes & Syllabus visit Page 16 of 28

m
m .co
m .co s e m
se g l a
17
a 9057

(a) Ambiga does not keep her books under double entry system. Find the Profit or Loss
st
made by her for the year ending 31 March, 2018.

Particulars 31.3.2017 31.3.2018

` `

m
Cash at bank 5,000 (Dr) 60,000 (Cr)

Cash in hand
m 3,000 4,500
.co
Stock of goods

m .co 35,000 45,000

s e m
s e l a
ag
Sundry Debtors 1,00,000 90,000

g l a
a
Plant and Machinery 80,000 80,000

Land and Buildings 1,40,000 1,40,000

Sundry Creditors 1,70,000 1,30,000

Ambiga had withdrawn ` 60,000 for her personal use. She had introduced ` 17,000 as

capital for expansion of her business. Create a provision of 5% on debtors. Plant and

Machinery is to be depreciated at 10%.

OR

m
.co
(b) What is meant by accounting reports ? What are the steps involved in designing

accounting reports ?

s em
42.
g la ö\ßøÚ ©Põ»m_ª ©Pκ ©ßÓzvß
(A) R÷Ç öPõkUP¨£mh uPÁÀPμ¸¢x
i\®£º B® |õ÷Íõk
2019 31a •iÁøh²® BskUS›¯ ö£ÖuÀPÒ ©ØÖ®
ö\¾zuÀPÒ PnUøPz u¯õº ö\´¯Ä®.

ÂÁµ® ` ÂÁµ® `

öµõUP C¸¨¦ (1.1.2019) 2,000 wUPõ¨¥mk •øÚ©® ö\¾zv¯x 1,500

8,500
Á[Q C¸¨¦ (1.1.2019) 3,000 \¢uõ ö£ØÓx

om
£øǯ ö\´vzuõÒPÒ ÂØÓx 500 AøÓP»ß Áõ[Q¯x 6,000

m . c
c. o
GÊxö£õ¸ÒPÒ Áõ[Q¯x 6,000 ö\´vzuõÒPÒ Áõ[Q¯x 700

e m
em
uoUøPU Pmhn® ö\¾zv¯x 2,000 AøÓP»ß «uõÚ ÷u´©õÚ®
l as 900

las ~øÇÄU Pmhn® ö£ØÓx 3,000 öµõUP C¸¨¦
ag
(31.12.2019) 2,500

ag £ÀÁøPa ö\»ÄPÒ 6,000 ÷£õUSÁµzxa ö\»ÄPÒ 1,000

EuÂzöuõøP AÎzux 2,000 AøÓP»ß ÂØÓx 4,000

•u½kPÒ «uõÚ Ámi 2,000

AÀ»x

M [ v¸¨¦P / Turn over

m .
.co s e m
s em l a
g la ag
a For more Question Papers, Sample Papers, Notes & Syllabus visit Page 17 of 28

9057 18

(B) ÷Á¾ ©ØÖ® ^Ý C¸Á¸® J¸ Tmhõsø© {ÖÁÚzvß TmhõÎPÒ.
AÁºPÒ u[PÒ C»õ£ |mh[PøÍ GßÓ ÂQuzvÀ £Qº¢x Á¸QßÓÚº. 4 : 1

áÚÁ› AßÖ AÁºPÐøh¯ •uÀ, •øÓ÷¯
2018 1 ©ØÖ® ` 40,000 ` 20,000.

Tmhõsø© J¨£õÁÚ® ¤ßÁ¸ÁÚÁØøÓU SÔ¨¤kQÓx.
•uÀ «x Ámi BskUS
(i) AÝ©vUP ÷Ásk®. 5%

÷Á¾ ©ØÖ® ^Ý C¸Á¸US® Âvzu Gk¨¦PÒ «uõÚ Ámi •øÓ÷¯
(ii)

©ØÖ®` 400BS®. ` 600

•uÀ «x Ámi ©ØÖ® Gk¨¦PÒ «uõÚ Ámi PȨ£uØS •ß EÒÍ
(iii)

{ÖÁÚzvß {Pµ C»õ£® ` 36,000.

TmhõÎPÐøh¯ •uÀ ©õÖ£k® •uÀ GÚU öPõsk ÷uøÁ¯õÚ
SÔ¨÷£mk¨ £vÂøÚz uµÄ® ©ØÖ® i\®£º &B® |õøͯ C»õ£ 2018, 31

|mh¨ £QºÄ PnUøP²® u¯õº ö\´¯Ä®.
(a) From the information given below, prepare Receipts and Payments account of Chennai
st
Mahalakshmi Mahalir Mandram for the year ended 31 December, 2019.

Particulars ` Particulars `

Cash balance as on 1.1.2019 2,000
Fire insurance premium paid 1,500

Bank balance as on 1.1.2019 Subscription received 8,500
3,000

Sale of old newspapers 500 Furniture purchased 6,000

Stationery purchased 6,000 Purchase of newspapers 700

Audit fees paid 2,000 Depreciation on furniture 900

Entrance fees received 3,000 Cash balance as on 31.12.2019
2,500

Sundry charges 6,000 Conveyance paid 1,000

Scholarships given 2,000 Sale of furniture 4,000

Interest on investments 2,000

OR

(b) Velu and Seenu are partners in a firm sharing profits and losses in the ratio of 4 : 1.
st
On 1 January 2018, their capitals were ` 40,000 and ` 20,000 respectively.

The Partnership Deed specifies the following :

(i) Interest on Capital is to be allowed at 5% per annum.

(ii) Interest on Drawings charged to Velu and Seenu are ` 400 and ` 600 respectively.

(iii) The net profit of the firm before considering interest on capital and interest on

drawings amounted to ` 36,000.

Give necessary journal entries and prepare profit and loss appropriation account for
st
the year ending 31 December 2018. Assume that the capitals are fluctuating.

M

For more Question Papers, Sample Papers, Notes & Syllabus visit Page 18 of 28

m
m .co
m .co s e m
se g l a
19
a 9057

43. (A) ¤ßÁ¸® uPÁÀPμ¸¢x A•uõ ©ØÖ® A•vÛ GßÓ TmhõÎPÎß
•uÀ ©õÖ£k® •uÀ GÚU öPõsk AÁºPÎß •uÀ PnUSPøÍz
u¯õ›UPÄ®.
A•uõ A•vÛ
ÂÁµ®
` `
m
2018, 1
m
áÚÁ› AßÖ •uÀ (ÁµÂ¸¨¦) 5,00,000 4,00,000
.co
.co
B® BsiÀ Gk¨¦PÒ
2018

m
70,000 40,000

s e m
s e l a
ag
Gk¨¦PÒ «x Ámi 2,000 1,000

g l a
&À C»õ£¨ £[S
2018 52,000 40,000

a
•uÀ «x Ámi 30,000 24,000

Fv¯® 45,000 -

PÈÄ - 21,000

AÀ»x
(B) ©o ©ØÖ® ©õ÷uè GÝ® TmhõÎPÒ •øÓ÷¯ GÝ® ÂQuzvÀ C»õ£ 3 : 2

|mh® £Qº¢x Á¢uÚº. ©õºa AßÖ AÁºPÎß C¸¨¦ {ø»U SÔ¨¦
2017 31

¤ßÁ¸©õÖ :
m
ö£õÖ¨¦PÒ ` `
.co
ö\õzxPÒ ` `

•uÀ PnUSPÒ :
s em C¯¢vµ® 30,000

©o 40,000

g la AøÓP»ß 10,000

©õ÷uè 30,000 a 70,000 \µUQ¸¨¦ 10,000

£Ø£» PhÜ¢÷uõº 30,000 PhÚõÎPÒ 21,000

PÈUP : Áõµõ
I¯UPhß JxUS 1,000 20,000

Á[Q 30,000

m
m .co
.co em GߣÁøµ
1,00,000 1,00,000

AßÖ ¤ßÁ¸® {£¢uøÚPÐUSm£mk s©x
em a
1.4.2017

s Tmhõsø©°À ÷\ºzuÚº.
g l
g la (i)©x •uÀ öPõsk Á¸Áx
` 10,000
a
a C¯¢vµ®
(ii) GÚ ©v¨¤h¨£mhx
AøÓP»Ûß ©v¨¤À
(iii)
` 24,000

SøÓ¨£x ` 3,000

(iv)Áõµõ I¯UPhß JxUøP GÚ AvP›¨£x ` 3,000

(v) HkPÎÀ £vÄ ö£Óõ©¾ÒÍ PnUSPÎß ‰»® ö£Ó÷Ási¯øÁPÒ
©v¨¦ £vÄ ö\´uÀ.
` 1,000

TmhõÎ ÷\ºUøPUS ¤ß ©Ö©v¨¥mk PnUS ©ØÖ® •uÀ PnUSPøÍz
u¯õ›UPÄ®.
M [ v¸¨¦P / Turn over

m .
.co s e m
s em l a
g la ag
a For more Question Papers, Sample Papers, Notes & Syllabus visit Page 19 of 28

9057 20

(a) From the following information, prepare capital accounts of partners Amutha and

Amuthini, when their capitals are fluctuating.

Particulars Amutha Amuthini

` `

st
Capital on 1 January 2018 [Cr. balance] 5,00,000 4,00,000

Drawings during 2018 70,000 40,000

Interest on Drawings 2,000 1,000

Share of Profit for 2018 52,000 40,000

Interest on Capital 30,000 24,000

Salary 45,000 Nil

Commission Nil 21,000

OR

(b) Mani and Madhesh are partners in a firm sharing Profits and Losses in the ratio of 3 : 2.
st
Their Balance Sheet as on 31 March, 2017 is as follows :

Liabilities ` ` Assets ` `

Capital accounts : Machinery 30,000

Mani 40,000 Furniture 10,000

Madhesh 30,000 70,000 Stock 10,000

Sundry Creditors 30,000 Debtors 21,000

Less : Provision for

Doubtful debts 1,000 20,000

Bank 30,000

1,00,000 1,00,000

Madhu is admitted on 1.4.2017 subject to the following conditions :

(i) He has to bring a Capital of ` 10,000

(ii) Machinery is valued at ` 24,000

(iii) Furniture to be depreciated by ` 3,000

(iv) Provision for Doubtful debts should be increased to ` 3,000

(v) Unrecorded trade receivables of ` 1,000 would be brought into books now.

Prepare Revaluation Account and Capital Account of partners after admission.

M

For more Question Papers, Sample Papers, Notes & Syllabus visit Page 20 of 28

m
m .co
m .co s e m
se g l a
21
a 9057

44. (A) ¤›¯õ {ÖÁÚzvß ¤ßÁ¸® ÂÁµ[Pμ¸¢x BskPÒ \µõ\› 3

C»õ£zvÀ BskPÒ öPõÒ•uÀ GßÓ Ai¨£øh°À |Øö£¯›ß
4

©v¨ø£U PnUQhÄ®.
i\®£º B® |õ÷Íõk •iÁøh²® BskPÍõÚ
(i) 31 ©ØÖ® 2016, 2017

&ß C»õ£[PÒ •øÓ÷¯
2018 ©ØÖ® ` 1,75,000, ` 1,50,000 ` 2,00,000.
m
(ii) 2016
m
B® Bsiß C»õ£zvÀ v¸®£z v¸®£ {PÇõ Á¸©õÚ® ` 45,000
.co
÷\º¢xÒÍx.
m.co s e m
(iii)

s e
B® Bsiß CÖva \µUQ¸¨¦
2017 AvP©õP ©v¨¤h¨ ` 30,000
l a
l
£mhx.
g a ag
a AÀ»x
(B) ©õºa B® |õøͯ ÷µõáõ ©ØÖ® µõáõÂß C¸¨¦{ø»U SÔ¨¦
2018 31

¤ßÁ¸©õÖ :
ö£õÖ¨¦PÒ ` ` ö\õzxPÒ `

•uÀ PnUSPÒ : Pmhh® 50,000

÷µõáõ 50,000 \µUQ¸¨¦ 8,000

m
.co
µõáõ 30,000 80,000 £Ø£» PhÚõÎPÒ 60,000

ö£õxU Põ¨¦
em Á[Q öµõUP®
40,000 32,000

öuõÈ»õͺ Dmk {v
las 10,000

£Ø£» PhÜ¢÷uõº ag 20,000

1,50,000 1,50,000

÷µõáõ, µõáõ C¸Á¸® u[PÒ C»õ£® ©ØÖ® |mh[PøÍ 3 : 1 GßÓ
1
ÂQuzvÀ £Qº¢x öPõÒQßÓÚº. AÁºPÒ PÀ£ÚõøÁ 4
£[S ÂQuzvÀ
Tmhõsø©°À ÷\ºzxUöPõsk, C¨£[S •ÊÁøu²® ÷µõáõÂhª¸¢x
ö£Ó J¨¦QßÓÚº.
m
m .co
.co
¤ßÁ¸® \›UPmkuÀPÒ ¤ß£ØÓ¨£kQßÓÚ :
e m
e m
(i) PÀ£Úõ •u»õP öPõsk Áµ ÷Ásk®. AÁ¸øh¯ £[PõÚ
` 20,000

l as
las |Øö£¯º GÚ ©v¨¤h¨£kQÓx. AÁº |Øö£¯¸UöPÚ öµõUP®
öPõskÁµÂÀø».
` 4,000

ag
ag (ii)Pmhhzvß «x ÷u´©õÚ® E¸ÁõUPÄ®.
10%

\µUQ¸¨¦
(iii) GÚ ©Ö©v¨¥k ö\´¯¨£kQÓx.
` 6,000

(iv)Áõµõ I¯UPhß JxUS E¸ÁõUPÄ®. 5%

TmhõÎ ÷\ºUøPUS ¤ß ©Ö©v¨¥mkU PnUS ©ØÖ® •uÀ PnUøP u¯õº
ö\´¯Ä®.

M [ v¸¨¦P / Turn over

m .
.co s e m
s em l a
g la ag
a For more Question Papers, Sample Papers, Notes & Syllabus visit Page 21 of 28

9057 22

(a) From the following information relating to Priya Enterprises, calculate the value of

Goodwill on the basis of 4 years purchase of the average profits of 3 years.

st
(i) Profit for the years ending 31 December 2016, 2017 and 2018 were ` 1,75,000,

` 1,50,000 and ` 2,00,000 respectively.

(ii) A non-recurring income of ` 45,000 is included in the profit of the year 2016.

(iii) The closing stock of the year 2017 was over-valued by ` 30,000.

OR

st
(b) The Balance Sheet of Roja and Raja on 31 March, 2018 is as follows :

Liabilities ` ` Assets `

Capital accounts : Buildings 50,000

Roja 50,000 Stock 8,000

Raja 30,000 80,000 Sundry Debtors 60,000

General Reserve 40,000 Cash at Bank 32,000

Workmen compensation fund 10,000

Sundry Creditors 20,000

1,50,000 1,50,000

They share the Profits and Losses in the ratio of 3 : 1. They agreed to admit Kalpana

1
into the Partnership firm for share of profit which she gets entirely from Roja.
4

Following are the conditions :

(i) Kalpana has to bring ` 20,000 as Capital. Her share of Goodwill is valued

at ` 4,000. She could not bring cash towards goodwill.

(ii) Depreciate buildings by 10%.

(iii) Stock to be revalued at ` 6,000.

(iv) Create provision for Doubtful debts at 5% on debtors.

Prepare Revaluation Account and Capital Account after admission.

M

For more Question Papers, Sample Papers, Notes & Syllabus visit Page 22 of 28

m
m .co
m .co s e m
se g l a
23
a 9057

45. (A) Â÷ÁU, ÂåõÀ ©ØÖ® ©À GßÓ TmhõÎPÒ J¸ Tmhõsø©
{ÖÁÚzvß C»õ£® ©ØÖ® |mh[PøÍ \©©õP¨ £Qº¢x Á¢uÚº. 2018 ©õºa
B® |õøͯ C¸¨¦{ø»U SÔ¨¦ ¤ßÁ¸©õÖ :
m
31

m .co
ö£õÖ¨¦PÒ
m .co ` ` ö\õzxPÒ ` `

s e m
s e l a
ag
•uÀ PnUSPÒ : AøÓP»ß
a
60,000

g l
a
Â÷ÁU C¯¢vµ®
60,000 1,20,000

ÂåõÀ 70,000 £Ø£» PhÚõÎPÒ 33,000

70,000
©À 2,00,000 PÈUP : I¯UPhß JxUS 3,000 30,000

ö\¾zuØS›¯
ö£ÖuØS›¯ ©õØÖa^mk
80,000
©õØÖa^mk 50,000

Á[Q öµõUP® 20,000

om
2,80,000 2,80,000

. c
e m
©À RÌUPsh
las {£¢uøÚPÐUSm£mk 2019 ©õºa 31 AßÖ

ag
Tmhõsø©°¼¸¢x »QÚõº.

(i) C¯¢vµ® ` 1,50,000 GÚ ©v¨¤h¨£mhx.

(ii) AøÓP»ß ©v¨¤À ` 10,000 SøÓUP¨£mhx.

m
.co
(iii) I¯UPhß JxUS ` 5,000 BP AvP›UP¨£h ÷Ásk®.
m
m .co s em
e la
(iv) HkPÎÀ £v¯¨ö£Óõu •u½kPÒ ` 30,000 uØ÷£õx £v¯¨£h ÷Ásk®.

las ag
ag ÷uøÁ¯õÚ SÔ¨÷£mk¨ £vÄPÒ u¢x ©Ö©v¨¥mkU PnUS u¯õº
ö\´¯Ä®.

AÀ»x

M [ v¸¨¦P / Turn over

m .
.co s e m
s em l a
g la ag
a For more Question Papers, Sample Papers, Notes & Syllabus visit Page 23 of 28

9057 24

(B) §ºo©õ Áøµ¯Ö {Ö©® 1,00,000 \õuõµn¨ £[SPøÍ, £[SöPõßÖ
` 10 Ãu® öÁΰmhx. Âsn¨£zvß ÷£õx ` 2, JxURmiß ÷£õx ` 4,

•u»õÁx AøǨ¤ß ÷£õx ` 2 ©ØÖ® CµshõÁx AøǨ¤ß ÷£õx ` 2,

ö\¾zu¨£h ÷Ásk®. AøÚzx £[SPЮ J¨£¨£mhÚ ©ØÖ® AøÚzx
öuõøPPЮ •øÓ¯õP ö£Ó¨£mhÚ. SÔ¨÷£mk¨ £vÄPÒ uµÄ®.

(a) Vivek, Vishal, and Vimal are partners in a firm sharing Profits and Losses equally. Their

st
Balance Sheet as on 31 March, 2018 is as follows :

Liabilities ` ` Assets ` `

Capital accounts Furniture 60,000

Vivek 60,000 Machinery 1,20,000

Vishal 70,000 Sundry debtors 33,000

Vimal 70,000 2,00,000 Less : Provision

for doubtful debts 3,000 30,000

Bills Payable 80,000 Bills Receivable 50,000

Cash at Bank 20,000

2,80,000 2,80,000

st
Vimal retired on 31 March, 2019 subject to the following conditions :

(i) Machinery is valued at ` 1,50,000.

(ii) Value of furniture brought down by ` 10,000.

(iii) Provision for Doubtful debts should be increased to ` 5,000.

(iv) Investment of ` 30,000 not recorded in the books is to be recorded now.

Pass necessary journal entries and prepare Revaluation account.

OR

M

For more Question Papers, Sample Papers, Notes & Syllabus visit Page 24 of 28

m
m .co
m .co s e m
se g l a
25
a 9057

(b) Poornima Ltd. issued 1,00,000 ordinary shares of ` 10 each, payable at ` 2 on application,

` 4 on allotment, ` 2 on First call and ` 2 on Final call. All the shares are subscribed and

amount was duly received. Pass journal entries.

m
m .co
(A) ¤ßÁ¸® m
.co s e m
46.

s e ÂÁµ[PøÍU öPõsk £õø» Áøµ¯Ö {Ö©zvß ÷£õUS¨
g l a
l a a
ag
£S¨£õ´ÂøÚU PnUQhÄ®.

` C»m\[PÎÀ
ÂÁµ®
Á¸h® 1 Á¸h® 2 Á¸h® 3

m
.co
I. £[S ‰»uÚ® ©ØÖ®
ö£õÖ¨¦PÒ
e m
las
£[Suõµº {v
ag 250

100
275

125
300

100
}sh Põ»¨ ö£õÖ¨¦PÒ
50 40 80
|h¨¦¨ ö£õÖ¨¦PÒ

ö©õzu® 400 440 480

m
.co
II. ö\õzxPÒ
m
m .co s e m
s e {ø»a ö\õzxPÒ 300 360

g l a 390

g la |h¨¦a ö\õzxPÒ 100
a
80 90

a
ö©õzu® 400 440 480

AÀ»x

M [ v¸¨¦P / Turn over

m .
.co s e m
s em l a
g la ag
a For more Question Papers, Sample Papers, Notes & Syllabus visit Page 25 of 28

9057 26

(B) _áõuõ {Ö©zvß ¤ßÁ¸® C»õ£ |mh AÔUøP°¼¸¢x
ö©õzu C»õ£ ÂQu®
(i)

{Pµ C»õ£ ÂQu® PnUQhÄ®.
(ii)

_áõuõ {Ö©zvß C»õ£ |mh AÔUøP
öuõøP
ÂÁµ®
`

I. ÂØ£øÚ ‰»® ö£ØÓ Á¸Áõ´ 5,00,000

II. Cuµ Á¸©õÚ® :
•u½k ‰»® Á¸Áõ´ 40,000

III. ö©õzu Á¸Áõ´ (I + II) 5,40,000

IV. ö\»ÄPÒ :
öPõÒ•uÀ ö\´u \µUSPÒ 1,80,000

\µUQ¸¨¦ ©õØÓ® 20,000

£o¯õͺ |»ßPÐUPõÚ ö\»ÄPÒ 30,000

1,10,000
Cuµ ö\»ÄPÒ
50,000

Á› JxUS

ö©õzu ö\»ÄPÒ 3,90,000

V. AÆÁõsiØPõÚ C»õ£® 1,50,000

(a) Calculate trend percentages for the following particulars of Palai Ltd.

` in lakhs
Particulars
Year 1 Year 2 Year 3

I. Equity and Liabilities

Shareholders' fund 250 275 300

Non-current Liabilities 100 125 100

Current Liabilities 50 40 80

Total 400 440 480

II. Assets :

Non-current Assets 300 360 390

Current Assets 100 80 90

Total 400 440 480

OR

M

For more Question Papers, Sample Papers, Notes & Syllabus visit Page 26 of 28

m
m .co
m .co s e m
se g l a
27
a 9057

(b) From the following statement of Profit and Loss of Sujatha Ltd. Calculate.

(i) Gross profit ratio (ii) Net profit ratio

Statement of Profit and Loss.

Amount
Particulars
`
m
m .co
.co
I. Revenue from operations 5,00,000

e m
e m
II. Other income
40,000

l as
as
Income from investment

l ag
ag
III. Total revenues (I + II) 5,40,000

IV. Expenses :
1,80,000
Purchase of stock in trade
20,000
Changes in inventories
30,000
Employee benefits expense
1,10,000
Other expenses
50,000
Provision for tax

m
.co
em
Total expenses 3,90,000

V. Profit for the year

l as 1,50,000

ag
47. (A) ¤ßÁ¸® ÂÁµ[Pμ¸¢x ö©õzu ÂØ£øÚø¯U PnUQhÄ®.

ÂÁµ® ` ÂÁµ® `

ö£ÖuØS›¯ ©õØÖa^mk
H¨µÀ AßÖ PhÚõÎPÒ
2018, 1 2,50,000 ©ÖUP¨£mhx 15,000

m
.co
H¨µÀ AßÖ ö£ÖuØS›¯
2018, 1

om
EÒ v¸¨£® 50,000

. c ©õØÖa^mk 60,000

e m
e m l
©õºa AßÖas
s
2019, 31

la g
a ©õØÖa^mk
g PhÚõÎPÎhª¸¢x ö£ØÓ öµõUP® ö£ÖuØS›¯
7,25,000 90,000

a ö£ÖuØS›¯ ©õØÖa^mkUPõP ©õºa AßÖ £Ø£»
2019, 31

öµõUP® ö£ØÓx 1,60,000 PhÚõÎPÒ 2,40,000

ÁõµõUPhß 30,000 öµõUP ÂØ£øÚ 3,15,000

AÀ»x

M [ v¸¨¦P / Turn over

m .
.co s e m
s em l a
g la ag
a For more Question Papers, Sample Papers, Notes & Syllabus visit Page 27 of 28

9057 28

(B) Aߦ {Ö©® £[öPõßÖ •P©v¨¦ÒÍ ÷|ºø©¨ £[SPøÍ
` 10 10,000

öÁΰmhx. £[öPõßÖUS Âsn¨£zvß «x JxURmiß «x ` 3, ` 3,

•uÀ AøǨ¤ß «x ©ØÖ® Cµshõ® ©ØÖ® CÖv AøǨ¤ß «x
` 2 ` 2

ö\¾zu ÷Ási C¸¢ux. _¨¦ GߣÁº £[SPÐUPõÚ CµshõÁx 100

©ØÖ® CÖv AøǨ¤øÚU Pmh uÁÔÚõº. Gg]¯ öuõøPPÒ AøÚzx®
ö£Ó¨£mhÚ. _¨¦Âß £[SPÒ JÖ¨¤Ç¨¦ ö\´¯¨£mhÚ ©ØÖ®
AøÁPÒ ÷í©õ GߣÁ¸US £[S JßÖ Ãu® ©ÖöÁαk ` 7

ö\´¯¨£mhÚ. ÷©ØPsh |hÁiUøPPÐUS SÔ¨÷£mk¨ £vÄPÒ uµÄ®.

(a) From the following particulars, calculate Total Sales.

Particulars ` Particulars `

st
Debtors on 1 April, 2018 2,50,000 Bills Receivable dishonoured 15,000

Bills Receivable on
Returns inward 50,000
st
1 April, 2018 60,000

Bills Receivable on

st
Cash received from Debtors 7,25,000 31 March, 2019 90,000

Cash received for bills Sundry debtors on

st
Receivable 1,60,000 31 March, 2019 2,40,000

Bad debts 30,000 Cash sales 3,15,000

OR

(b) Anbu Ltd. issued 10,000 Equity shares of ` 10 each at par payable on Application

` 3 per share, on Allotment ` 3 per share, on First call ` 2 per share and on Second and

Final call ` 2 per share. The issue was fully subscribed and all the amounts were duly

received with the exception of 100 shares held by Subbu, who failed to pay the Second

and Final call. His shares were forfeited and reissued to Hema at ` 7 per share. Journalise

the above transactions.

- o O o -

M

For more Question Papers, Sample Papers, Notes & Syllabus visit Page 28 of 28