Tamil Nadu 12th Std Model Question Paper Accountancy

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No. of Printed Pages : 32
3307 (NS)
!3307NSAccountancy! £vÄ Gs
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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

3307 (NS) 2

1. {ø»- ¯ - Ô UøP ö£õ- x - Á õP ¯õ- £ õ- µ z- v ß __________ Ps- h - Ô ¯
u¯õ-›U-P¨-£-k-Q-Ó-x.

(A) C»õ-£® AÀ-»x |m-h®

(B) {v-{-ø»

(C) •uÀ

(D) PnU-Rmk \›z-uß-ø©
Statement of affairs is generally prepared to find out the __________ of the business.

(a) Profit or loss

(b) Financial position

(c) Capital

(d) Arithmetical accuracy

2. Á¸-Áõ´ ©Ø-Ö® ö\»-Â-ÚU PnUS J¸ :

(A) ¤µ-v-{-vz-xÁ BÒ-\õº PnU-S

(B) ö\õz-xU PnU-S

(C) ö£¯µÍ-Ä PnU-S

(D) BÒ-\õº PnU-S
Income and Expenditure account is a :

(a) Representative Personal Account

(b) Real Account

(c) Nominal Account

(d) Personal Account

3 3307 (NS)

3. CÖ-v-•-uÀ+Gk¨-¦-PÒ−Tk-uÀ •uÀ=__________.

(A) \›U-Pm-h¨-£mh öuõ-hUP •uÀ

(B) öuõ-hUP •uÀ

(C) C»õ-£® AÀ»x |m-h®

(D) \›U-Pm-h¨-£mh CÖ-v •uÀ

Closing Capital+Drawings−Additional Capital=__________.

(a) Adjusted Opening Capital

(b) Opening Capital

(c) Profit or Loss

(d) Adjusted Closing Capital

4. J¸ ©ß-Óz-vÀ EÒÍ 500 EÖ¨-¤Ú - º-PÒ, Bsk \¢-uõ-ÁõP ` 100 ö\¾z-xQ
- ß-ÓÚ - º.
|h¨-£õs-iÀ Ti-²ÒÍ \¢-uõ Cß-Ú-•® ö£Ó¨-£-hõ-ux ` 200. •ß Tm-i¨
ö£ØÓ \¢- u õ ` 300 . Á¸- Á õ´ ©Ø- Ö ® ö\»-  - Ú U PnU- Q À Põm- h ¨- £ h
÷Ás-i¯ \¢-uõ öuõ-øP-°øÚ Ps-h-Ô-¯-Ä®.

(A) ` 49,800 (B) ` 50,000

(C) ` 50,200 (D) ` 49,900

There are 500 members in a club each paying ` 100 as annual subscription. Subscription
due but not received for the current year is ` 200. Subscription received in advance is
` 300. Find out the amount of subscription to be shown in the income and expenditure
account.

(a) ` 49,800 (b) ` 50,000

(c) ` 50,200 (d) ` 49,900

[ v¸¨¦P / Turn over

3307 (NS) 4

5. Tm-hõ-Î-P-Î-øh÷¯ Tm-hõsø© J¨-£¢-u® CÀ-»õu ÷£õx •uÀ «x Ámi :

(A) Bs-kUS 6% ÁÇ[-P¨-£-k®

(B) ÁÇ[-P¨-£-k-Á-vÀ-ø»

(C) Á[Q Ãuz-vÀ ÁÇ[-P¨-£-k®

(D) Bs-kUS 5% Á-Ç[-P¨-£-k®

In the absence of an agreement among the partners, interest on capital is :

(a) Allowed @ 6% per annum

(b) Not allowed

(c) Allowed at bank rate

(d) Allowed @ 5% per annum

6. ÷ÁÖ-£mh JßøÓ ÷uº¢-öu-kU-P-Ä® :

(A) {ø»- •-uÀ •øÓ

(B) \µõ-\› C»õ£ •øÓ

(C) E¯º C»õ£ •øÓ

(D) ‰»-u-Ú-©õU-PÀ •øÓ
Select the odd one out :

(a) Fixed capital method

(b) Average profit method

(c) Super profit method

(d) Capitalisation method

5 3307 (NS)

7. {ø» •uÀ •øÓ-°À Tm-hõ-Î-P-ÐU-S-›¯ Fv-¯®, PÈ-Ä, •uÀ «x Ámi
÷£õß-ÓøÁ ÁµÄ øÁU-P¨-£-k® PnUS :
(A) Gk¨-¦U PnUS (B) •uÀ PnUS
(C) |h¨-¦U PnUS (D) Phß PnUS
Under fixed capital method, partners’ salary, commission and interest on capital will
be credited in :

(a) Drawings Account (b) Capital Account

(c) Current Account (d) Loan Account

8. Tm-hõ-Î-°ß ¦v-¯ C»õ-£¨ £QºøÁ Âh £øǯ C»õ-£¨ £QºÄ Av-P-©õP
C¸¢-uõÀ AÆ-÷Á-Ö-£õk AøÇU-P¨-£-k-Áx :
(A) Pøµ¨¦ ÂQ-u® (B) •uÀ ÂQ-u®
(C) -v-¯õP ÂQ-u® (D) Buõ¯ ÂQ-u®
If the old profit sharing ratio is more than the new profit sharing ratio of a partner, the
difference is called :

(a) Solvency ratio (b) Capital ratio

(c) Sacrificing ratio (d) Gaining ratio

9. ö\õz- x U- P øÍ Áõ[P £[- S - P Ò öÁÎ- ° - k ® ÷£õx, ÁµÄ øÁU- P ¨- £ - k ®
PnUS :
(A) Á[-QU PnU-S (B) ÂØ-£-øÚ-¯õͺ PnU-S
(C) £Ø-£» ö\õz-xU-PÒ PnU-S (D) £[S •uÀ PnU-S
When shares are issued for purchase of assets, the amount should be credited to :

(a) Bank Account (b) Vendors Account

(c) Sundry Assets Account (d) Share Capital Account

[ v¸¨¦P / Turn over

3307 (NS) 6

10. {Ö-©U Pø»¨-¤ß ÷£õx ©m-k÷© AøÇU-P¨-£-hU-T-i¯ £[S •u-¼ß J¸
£S-v CÆ-ÁõÖ AøÇU-P¨-£-k® :

(A) Põ¨¦ •uÀ (B) A[-R-P-›U-P¨-£mh •uÀ

(C) AøÇU-P¨-£mh •uÀ (D) •u-¼-ÚU Põ¨-¦
That part of share capital which can be called up only on the winding up of a company
is called :

(a) Reserve capital (b) Authorised capital

(c) Called up capital (d) Capital reserve

11. X, Y ©Ø- Ö ® Z GßÓ Tm- h õ- Î - P Ò C»õ£ |m- h [- P øÍ \©- © õ- P ¨ £Qº¢x
Á¢-u-Úº. 2019 H¨-µÀ 1 AßÖ X CÓ¢x Âm-hõº. 2018 &À C»-õ£® ` 36,000
GßÓ Ai¨-£-øh-°À 2019 &® Bs-kU-S-›¯ C»õ-£z-vÀ X &ß £[-Q-øÚU
Ps-h-Ô-¯-Ä®.

(A) ` 36,000 (B) ` 1,000 (C) ` 3,000 (D) ` 12,000
X, Y and Z were partners sharing profits and losses equally. X died on 1st April 2019.
Find out the share of X in the profit of 2019 based on the profit of 2018 which showed
` 36,000.

(a) ` 36,000 (b) ` 1,000 (c) ` 3,000 (d) ` 12,000

12. {v-{-ø» AÔU-øP-PÒ öÁÎU-Põm-hõ-ux :

(A) }s-h Põ» uP-ÁÀ-PÒ (B) £n® \õ-µõ uP-ÁÀ-PÒ

(C) -P-h¢-u- Põ» uP-ÁÀ-PÒ (D) SÖ-Q-¯ Põ» uP-ÁÀ-PÒ
The financial statements do not exhibit :

(a) Long-term data (b) Non-monetary data

(c) Past data (d) Short-term data

7 3307 (NS)

13. \›- ¯ õÚ SÔ- ± m- ø h¨ £¯ß- £ - k z- v ö£õ- ¸ z- u - © õÚ Cøn- ø ¯z
÷uº¢-öu-kU-P-Ä® :
(1) SøÓ J¨-£® (i) •ß- Tm-i ö\¾z-v¯ AøǨ-¦¨ £n®
(2) ªøP J¨-£® (ii) öÁÎ- ° mh £[- S - P øÍ Âh Av- P - © õP
J¨£¨£m-h-x
(3) AøǨ¦ {¾-øÁ (iii) öÁÎ- ° mh £[- S - P øÍ Âh SøÓ- Á õP
J¨-£¨-£m-h-x
(4) AøǨ¦ •ß-£-n® (iv) ö\¾z-u¨ ö£Óõu AøǨ-¦¨ £n®
(A) (1) - (iii), (2) - (iv), (3) - (i), (4) - (ii)

(B) (1) - (i), (2) - (ii), (3) - (iii), (4) - (iv)

(C) (1) - (iv), (2) - (iii), (3) - (ii), (4) - (i)

(D) (1) - (iii), (2) - (ii), (3) - (iv), (4) - (i)
Match the following :
(1) Under subscription (i) Amount prepaid for calls
(2) Over subscription (ii) Subscription above the offered shares
(3) Calls in arrear (iii) Subscription below the offered shares
(4) Calls in advance (iv) Amount unpaid on calls
(a) (1) - (iii), (2) - (iv), (3) - (i), (4) - (ii)
(b) (1) - (i), (2) - (ii), (3) - (iii), (4) - (iv)
(c) (1) - (iv), (2) - (iii), (3) - (ii), (4) - (i)
(d) (1) - (iii), (2) - (ii), (3) - (iv), (4) - (i)

14. Kµõs- i Ø- S Ò AÀ- » x J¸ C¯U- P a _- Ç Ø- ] - ° ß Põ- » z- v Ø- S Ò öµõU- P - © õP
©õØ-Ó¨-£h ÷Ás-i¯ ö\õz-xU-PÒ __________.
(A) ¦»-Úõ-S® ö\õz-xU-PÒ (B) {ø»a ö\õz-xU-PÒ
(C) |h¨-¦a ö\õz-xU-PÒ (D) ¦»-Úõ-Põ ö\õz-xU-PÒ
Assets that can be converted into cash within a year or within the period of an operating
cycle is __________.
(a) Tangible assets (b) Fixed assets
(c) Current assets (d) Intangible assets

[ v¸¨¦P / Turn over

3307 (NS) 8

15. ö£õ-¸z-x-P :
(1) |h¨¦ ÂQ-u® (i) }º-ø©z uß-ø©
(2) {Pµ »õ£ ÂQ-u® (ii) ö\¯À-v-Óß
(3) ¦Ó AP¨ ö£õ-Ö¨-¦-PÒ ÂQ-u® (iii) }s-hPõ» Phß wºU-S® vÓß
(4) \µU-Q-¸¨¦ _ÇØ] ÂQ-u® (iv) C»õ-£z uß-ø©
(A) (1) - (i), (2) - (ii), (3) - (iii), (4) - (iv)

(B) (1) - (i), (2) - (iv), (3) - (iii), (4) - (ii)

(C) (1) - (iii), (2) - (ii), (3) - (iv), (4) - (i)

(D) (1) - (iv), (2) - (iii), (3) - (ii), (4) - (i)
Match the following :
(1) Current ratio (i) Liquidity
(2) Net profit ratio (ii) Efficiency
(3) Debt-equity ratio (iii) Long-term solvency
(4) Inventory turnover ratio (iv) Profitability
(a) (1) - (i), (2) - (ii), (3) - (iii), (4) - (iv)
(b) (1) - (i), (2) - (iv), (3) - (iii), (4) - (ii)
(c) (1) - (iii), (2) - (ii), (3) - (iv), (4) - (i)
(d) (1) - (iv), (2) - (iii), (3) - (ii), (4) - (i)

16. AøÓ- P - » ß Ph- Ý US Áõ[- Q ¯x Tally &À G¢u ÁøP \õß- Ó õ- Á - n z- v À
£v-¯¨-£-k® ?
(A) ö\¾z-uÀ-PÒ \õß-Óõ-Á-n®
(B) ö£Ö-uÀ-PÒ \õß-Óõ-Á-n®
(C) E›-¯ SÔ¨-÷£-k \õß-Óõ-Á-n®
(D) öPõÒ-•-uÀ \õß-Óõ-Á-n®
In which type of voucher, credit purchase of furniture is recorded in Tally ?
(a) Payment Voucher
(b) Receipt Voucher
(c) Journal Voucher
(d) Purchase Voucher

9 3307 (NS)

17. ö£õ-¸¢-uõu Cøn-°-øÚ Aøh-¯õÍ® Põ-n-Ä® :
(A) Bs-kz öuõøP = -\-µõ-\› C»õ-£® × Bs-kz öuõøP
•øÓ-°À |Ø-ö£-¯º Põ-µ-o-°ß
uØ-÷£õ-øu¯
©v¨¦
(B) \µõ-\› C»õ£ •øÓ-°À = \µõ-\› C»õ-£® × öPõÒ-•-uÀ Bs-k-P-Îß
|Ø-ö£-¯º Gs-oU-øP
(C) E¯º C»õ£ •øÓ-°À = -E-¯º C-»õ-£® × öPõÒ-•-uÀ Bs-k-P-Îß
|Ø-ö£-¯º Gs-oU-øP
(D) Tmk \µõ-\› C»õ£ = -Tmk \µõ-\› C»õ-£® × öPõÒ--•-uÀ
•øÓ-°À |Øö£-¯º Bs-k-P-Îß
GsoUøP
Identify the incorrect pair :
(a) Goodwill under annuity = Average profit × Present value annuity
method factor
(b) Goodwill under average profit = Average profit × Number of years of
method purchase
(c) Goodwill under super profit = Super profit × Number of years of
method purchase
(d) Goodwill under weighted = Weighted average profit × Number of
average profit method years of
purchase

18. Tally &ß ~øÇ-Áõ-°-¼-¼-¸¢x C¸¨-£õ´øÁ £õº-øÁ-°h G¢u ¸¨-£z ÷uºÄ
£¯ß-£-k® ?
(A) Gateway of Tally → Display → Trial Balance
(B) Gateway of Tally → Reports → Trial Balance
(C) Gateway of Tally → Trial Balance
(D) Gateway of Tally → Reports → Display → Trial Balance
Which of the following options is used to view Trial Balance from Gateway of Tally ?
(a) Gateway of Tally → Display → Trial Balance
(b) Gateway of Tally → Reports → Trial Balance
(c) Gateway of Tally → Trial Balance
(d) Gateway of Tally → Reports → Display → Trial Balance

[ v¸¨¦P / Turn over

3307 (NS) 10

19. Tm-hõsø© {Ö-Á-Úz-v-¼-¸¢x Tm-hõΠ»-P-¼ß ÷£õx £Qº¢x uµõu
C»õ- £ [- P Ò ©Ø- Ö ® |m- h [- P Ò Tm- h õ- Î - P - Ð US C¢u Ai¨- £ - ø h- ° À
£Q-µ¨-£k
- Q- Ó
- x
- :
(A) v¯õP ÂQ-u®
(B) ¦v-¯ C»õ-£¨ £QºÄ ÂQ-u®
(C) Buõ¯ ÂQ-u®
(D) £øÇ-¯ C»õ-£¨ £QºÄ ÂQ-u®
On retirement of a partner from a partnership firm, accumulated profits and losses are
distributed to the partners in the :
(a) Sacrificing ratio
(b) New profit sharing ratio
(c) Gaining ratio
(d) Old profit sharing ratio

20. J-¸ Áo-Pz-vß •u-»õ® Bs-ka ö\»-Ä-PÒ ` 80,000. Cµs-hõ® Bs-iß
ö\»- Ä - P Ò ` 88,000 BP Av- P - › z- v - ¸ ¢- u x. Cµs- h õ® Bs- i ß ÷£õUS
ÂQ-u® GßÚ ?
(A) 11% (B) 10% (C) 110% (D) 90%
Expenses for a business for the first year were ` 80,000. In the second year, it was
increased to ` 88,000. What is the trend percentage in the second year ?
(a) 11% (b) 10% (c) 110% (d) 90%

£Sv & II/PART - II

SÔ¨¦ : GøÁ÷¯Ý® 7 ÂÚõUPÐUS Âøh¯ÎUPÄ®. ÂÚõ Gs 30 &US
Pmhõ¯©õP Âøh¯ÎUPÄ®. 7x2=14
Note : Answer any seven questions. Question No. 30 is compulsory.

21. ]Ô-¯ AÍ-Â-»õÚ, uÛ-¯õÒ Áo-P® ©Ø-Ö® Tm-hõsø© {Ö-Á-Ú[-P-ÐU-S¨
ö£õ-¸¢-uU Ti-¯ PnU-S¨ £v-Ä •øÓ Gx ? ÂÍU-S-P.
Which accounting system may be suitable for small sized sole traders and partnership
firms ? Explain.

11 3307 (NS)

22. C»õ£ ÷|õU-PØÓ Aø©¨-¤ß Á¸-Áõ-°Ú Áµ-Ä-P-ÎÀ H÷u-Ý® |õß-Q-øÚz
uµ-Ä®.
Give four examples for revenue receipts of Not-for-Profit organisation.

23. ©o GßÓ Tm-hõÎ 2018, ö\¨-h®-£º 1 AßÖ ` 30,000 Gkz-xU öPõs-hõº.
Gk¨-¦-PÒ «x Ámi Bs-kUS 6% GÚU PnU-Q-h¨-£h ÷Ás-k®. 2018,
i\®-£º 31 AßÖ Gk¨-¦-PÒ «x Ámi PnU-Qmk, ©õ-Ö-£-k® •uÀ •øÓ
GÚU öPõsk AuØ-S-›¯ SÔ¨-÷£m-k¨ £v-Ä-P-øÍz uµ-Ä®.
Mani is a partner, who withdrew ` 30,000 on 1st September, 2018. Interest on drawings
is charged at 6% per annum. Calculate interest on drawings on 31st December, 2018
and show the journal entries by assuming that fluctuating capital method is followed.

24. uß-Ý-¸-ÁõUP |Ø-ö£-¯º Gß-ÓõÀ GßÚ ?
What is self-generated Goodwill ?

25. ¤ß-Á-¸® ÂÁ-µ[-P-Î-¼-¸¢x \µõ-\› C»õ-£® PnU-Q-h-Ä®.

2016 : ` 8,000 2017 : ` 10,000 2018 : ` 9,000

Compute average profit from the following information.

2016 : ` 8,000 2017 : ` 10,000 2018 : ` 9,000

26. Aߦ ©Ø-Ö® Cµõ-áú GßÓ C¸ Tm-hõ-Î-PÒ 3 : 2 GßÓ C»õ£ ÂQ-uz-vÀ
C»õ-£zøu £Qº¢x Á¢-u-Úº. AU-å´ Gß-£-Áøµ Tm-hõ-Î-¯õ-Pa ÷\ºz-u-Úº.
Aߦ, Cµõ-áú ©Ø-Ö® AUå´ AÁº-P-Îß ¦v-¯ C»õ-£¨ £[S 5 : 3 : 2.
v¯õP ÂQ-uz-øuU PnU-Q-h-Ä®.
Anbu and Raju are partners, sharing profits in the ratio of 3 : 2. Akshai is admitted as
a partner. The new profit sharing ratio among Anbu, Raju and Akshai is 5 : 3 : 2. Find
out the sacrificing ratio.

[ v¸¨¦P / Turn over

3307 (NS) 12

27. ¤ß-Á-¸® ÂÁ-µ[-PøÍU öPõsk, Bs-kz- öuõøP •øÓ-°À |Ø-ö£-¯-›ß
©v¨-ø£U PnU-Q-h-Ä®.
(i) \µõ-\› C»õ-£® ` 14,000

(ii) \õ-uõ-µn C»õ-£® ` 4,000

(iii) \õ-uõ-µn C»õ£ ÂQ-u® 15%

(iv) |Ø-ö£-¯-¸U-PõÚ öPõÒ-•-uÀ Bs-k-PÒ 5

5 Bs-k-P-ÎÀ Bs-kUS 15% GßÓ Ámi ÂQ-uz-vÀ ` 1 &ß uØ-÷£õ-øu¯
Bs-kz-öuõøP ©v¨¦ 3.352.
From the following information, calculate the value of goodwill under annuity
method :
(i) Average profit ` 14,000
(ii) Normal profit ` 4,000
(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.

28. \õ- µ õ {Ö- © ® £[- ö PõßÖ ` 10 Ãu® 10,000 ÷|º- ø ©¨ £[- S - P øÍ ` 2
•øÚ-©z-vÀ, Âs-n¨-£z-vß ÷£õx •Êz-öuõ-øP-²® ö\¾z-x® ÁøP-°À
öÁÎ-°m-hx. SÔ¨-÷£m-k¨ £v-Ä-PÒ u¸-P.
Sara Company issues 10,000 equity shares of ` 10 at a premium of ` 2 each payable
fully on application. Pass journal entries.

29. Tally.ERP 9 &À H÷u-Ý® I¢x PnU-Q-¯À AÔU-øP-PÒ TÖ-P.

State any five accounting reports in Tally.ERP 9.

30. }º-ø©z ußø© Gß-£x GßÚ ? }º-ø©z ußø© ÂQ-u[-P-Îß ÁøP-P-øÍU
SÔ¨-¤-k-P.
What is liquidity ? What are the types of liquidity ratios ?

13 3307 (NS)

£Sv & III /PART - III

SÔ¨¦ : GøÁ÷¯Ý® 7 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 Âk-£mh uP-Á-ø»U Ps-h-Ô-¯-Ä® :
ÂÁµ® `
2018 i\®-£º 31 AßÖ •uÀ 35,000
2018 áÚ-Á› 1 AßÖ •uÀ 27,500
E›-ø©-¯õͺ uß ö\õ¢u £¯-ÝUS \µUS Gkz-u-x ?
AÆ-Áõs-iÀ öPõsk Á¢u TkuÀ •uÀ 2,500
AÆ-Áõs-iß C»õ-£® 10,000
From the following details, calculate the missing figure :
Particulars `
Capital as on 31st December 2018 35,000
Capital as on 1st January 2018 27,500
Goods taken for the personal use of the proprietor ?
Additional Capital introduced during the year 2,500
Profit for the year 10,000

32. ¤ß-Á-¸® Â-Áµ[-P-Î-¼-¸¢x ö©õz-uU öPõÒ-•-u-ø»U PnU-Q-h-Ä® :
`
2018 áÚ-Á-› 1 AßÖ £Ø-£» Ph-Ü¢-÷uõº 30,000
Ph-Ü¢-÷uõ-¸US öµõU-P® ö\¾z-v-¯-x 1,20,000
öPõÒ-•-uÀ v¸¨-£® 15,000
öµõU-PU öPõÒ-•-uÀ 2,25,000
31.12.2018 Aß-Ö Ph-Ü¢-÷uõº 25,000
From the following particulars, calculate total purchases :
`
Sundry creditors on 1st January 2018 30,000
Paid cash to creditors 1,20,000
Purchases returns 15,000
Cash purchases 2,25,000
Creditors on 31st December 2018 25,000

[ v¸¨¦P / Turn over

3307 (NS) 14

33. ÷\»® ÂøÍ- ¯ õmk ©ß- Ó z- v ß 2019 H¨- µ À 1 Aß- ø Ó- ¯ •uÀ- {vø¯U
PnU-Q-h-Ä®.

ÂÁ-µ® ` ÂÁ-µ® `

ÂøÍ-¯õmk E£-P-µ-n[-PÒ 30,000 £›_ {v 10,000

Po¨-ö£õ-Ô 25,000 £›_ {v •u-½-kP
- Ò 10,000

2018 - 2019 &B® Bs-iÀ \¢-uõ

ö£Ó ÷Ás-i-¯-x 5,000 øP öµõU-P® 7,000

2019 - 2020 &B® Bs-iØPõP
•ß-Tm-i¨ ö£ØÓ \¢-uõ 8,000 Á[Q öµõU-P® 21,000

Compute Capital Fund of Salem Sports Club as on 1.4.2019.

Particulars ` Particulars `

Sports equipment 30,000 Prize fund 10,000

Computer 25,000 Prize Fund Investments 10,000

Subscription outstanding
for 2018-19 5,000 Cash in Hand 7,000

Subscription received in advance
for 2019-20 8,000 Cash at Bank 21,000

34. {ø» •uÀ •øÓU- S ®, ©õ- Ö - £ - k ® •uÀ •øÓU- S ® Cøh- ÷ ¯- ¯ õÚ
÷ÁÖ-£õ-k-PøÍz uµ-Ä®.
State the differences between fixed capital method and fluctuating capital method.

15 3307 (NS)

35. J¸ Tm- h õsø© {Ö- Á - Ú ® Ph¢u ‰ßÖ Á¸- h [- P ÍõP Dm- i ¯ {Pµ
»õ-£[-PÒ ¤ß-Á-¸-©õÖ :
2016 : ` 20,000, 2017 : ` 17,000, 2018 : ` 23,000.

÷©Ø- S - Ô ¨- ¤ mh Põ- » ® •Ê- Á - x ®, {Ö- Á - Ú z- v À £¯ß- £ - k z- u ¨- £ mh •uÀ
` 80,000. {Ö-Á-Ú® öPõs-kÒÍ Ch-›-øÚU P¸z-vÀ öPõsk, £¯ß-£-kz-u¨-&
£mh •uÀ «uõÚ \õ- u õ- µ n C»õ£ Ãu® 15% GÚU P- ¸ - u ¨- £ m- h x.
E¯º C»õ-£z-vÀ 2 Bs-kPÒ öPõÒ-•-uÀ GßÓ Ai¨-£-øh-°À |Ø-ö£-¯-›ß
©v¨-ø£U PnU-Q-h-Ä®.
A partnership firm earned net profits during the last three years as follows :
2016 : ` 20,000, 2017 : ` 17,000 and 2018 : ` 23,000.
The capital investment of the firm throughout the above mentioned period has been
` 80,000. Having regard to the risk involved, 15% is considered to be a fair return on
capital employed in the business. Calculate the value of goodwill on the basis of
2 years purchase of super profit.

36. ^Ý ©Ø-Ö® ]Áõ C¸-Á-¸® Tm-hõ-Î-PÒ. AÁº-PÒ u[-PÒ C»õ-£® ©Ø-Ö®
|m-h[-PøÍ 5 : 3 GßÓ ÂQ-uz-vÀ £Qº¢x öPõÒ-Qß-Ó-Úº. _¨¦ Gß-£-Áøµ
¦v¯ Tm-hõ-Î-¯õP ÷\ºU-S® ÷£õx, AÁº-PÒ ¤ß-Á-¸® •i-Ä-PÒ Gkz-u-Úº.
(i) Pm-i-h® ©v¨-¤øÚ ` 70,000 BP E¯ºz-u ÷Ás-k®.
(ii) PnU-÷P-k-P-ÎÀ Cx-Á-øµ £v-¯¨-£-hõu ` 20,000 ©v¨-¦ÒÍ •u-½-k-PøÍ
PnU-QÀ öPõsk Áµ ÷Ás-k®.
(iii) C¯¢-vµ® ©v¨¦ ` 14,000 ©Ø-Ö® AøÓ-P-»ß ©v¨¦ ` 12,000 SøÓUP
÷Ás-k®.
(iv) £Ø-£» Ph-Ü¢-÷uõ-›À ` 16,000 ÷£õU-öP-Êu ÷Ás-k®.
©Ö-©-v¨-¥m-kU PnU-Q-øÚz u¯õº ö\´-¯-Ä®.
Seenu and Siva are partners sharing profits and losses in the ratio of 5 : 3. In view of
Subbu’s admission, they decided :
(i) To increase the value of building by ` 70,000.
(ii) To bring into record investments at ` 20,000, which have not so far been brought
into account.
(iii) To decrease the value of machinery by ` 14,000 and furniture by ` 12,000.
(iv) To write off sundry creditors by ` 16,000.
Prepare Revaluation account.

[ v¸¨¦P / Turn over

3307 (NS) 16

37. ¤ß-Á-¸® ÂÁ-µ[-P-Î-¼-¸¢x ÷©› Áøµ-¯-Ö {Ö-©z-vß J¨-¥mk Á¸-©õÚ
AÔU-øPø¯ u¯õº ö\´-¯-Ä®.

2015-16 2016-17
ÂÁµ®
` `

ÂØ-£øÚ ‰»® ö£ØÓ Á¸-Áõ´ 4,00,000 5,00,000

C¯U-Pa ö\»-Ä-PÒ 2,00,000 1,80,000

Á¸-©õÚ Á› (Á-›US •ß C»õ-£z-vÀ \u-Ã-u®) 20% 50%

From the following particulars, prepare comparative income statement of Mary
Co. Ltd.

2015-16 2016-17
Particulars
` `

Revenue from operations 4,00,000 5,00,000

Operating expenses 2,00,000 1,80,000

Income tax (profit before tax in percentage) 20% 50%

38. ¤ß- Á - ¸ ® uP- Á À- P - Î - ¼ - ¸ ¢x ö©õzu C»õ£ ÂQ- u ® PnU- Q - h - Ä ®.
ÂØ-£-øÚ-°-¼-¸¢x ö£ØÓ Á¸-Áõ´ ` 2,50,000. ÂØ-£-øÚ-°-¼-¸¢x ö£ØÓ
Á¸-Áõ´U-PõÚ AhU-P-Âø» ` 2,10,000 ©Ø-Ö® öPõÒ-•-uÀ ` 1,80,000.
Calculate Gross Profit Ratio from the following :

Revenue from operations ` 2,50,000, cost of revenue from operations ` 2,10,000 and
purchases ` 1,80,000.

39. Tally.ERP 9 &À, •ß÷£ Áøµ-¯-ÖU-P¨-£mh ÷£÷µ-k-PÒ ¯õøÁ ?

What are the pre-defined ledgers available in Tally.ERP 9 ?

17 3307 (NS)

40. A- ¸ - n õ Bø»- P Ò Áøµ- ¯ Ö {Ö- © z- v ß £v- Ä ö\´- ¯ ¨- £ mh £[S•uÀ
` 5,00,000 . AvÀ 40,000 £[- S - P øÍ ` 10 Ãu® ¤ß- Á - ¸ - © õÖ ö\¾z- u z- u UP
ÁøP-°À öÁÎ-°m-hx. Âs-n¨-£z-vß «x ` 3, JxU-Rm-iß «x ` 5, •uÀ
©Ø- Ö ® CÖ- v AøǨ- ¤ ß «x ` 2 . öÁÎ- ° mh £[- S - P Ò AøÚz- x ®
J¨- £ ¨- £ m- h Ú. AøÚz- x z öuõ- ø P- P - Ð ® ö£Ó¨- £ m- h Ú. BÚõÀ J¸
£[- S - u õ- µ º, uõß øÁz- x ÒÍ 1000 £[- S - P - Ð U- P õÚ •uÀ ©Ø- Ö ® CÖ- v
AøǨ- ¦ z öuõ- ø PPøÍ JxU- R m- i ß ÷£õ÷u ö\¾zv Âm- h õº.
JxU-Rm-iØ-PõÚ SÔ¨-÷£m-k¨ £v-Ä-P-øÍz u¸-P.
Aruna Mills Ltd. with a registered capital of ` 5,00,000 in equity shares of ` 10 each,
issued 40,000 of such shares payable as follows :
` 3 per share on application, ` 5 per share on allotment and ` 2 per share on first and
final call. The issue was duly subscribed. All the money payable was duly received.
But one share holder holding 1000 shares paid the first and final call money on allotment
itself.
Give journal entries for allotment.
£Sv & IV/PART - IV
SÔ¨¦ : AøÚzx ÂÚõUPÐUS® Âøh¯ÎUPÄ®. 7x5=35
Note : Answer all the questions.
41. (A) BÚ¢z uß PnU- ÷ P- k - P øÍ Cµm- ø h¨ £v- Ä •øÓ- ° À £µõ- © - › zx
Á¸-Á-vÀø». 2019 ©õºa 31 &® |õ-÷Íõk •i-Á-øh-²® Bs-kU-S-›¯
C»õ-£® AÀ-»x |m-h® Ps-h-ԯĮ.
31.3.2018 31.3.2019
ÂÁ-µ ®
` `
Á[Q öµõU-P® 5,000 (£) 60,000 (Á)

øP öµõU-P® 3,000 4,500

\µU-Q-¸¨-¦ 35,000 45,000

£Ø-£» Ph-Úõ-Î-PÒ 1,00,000 90,000

ö£õÔ ©Ø-Ö® C¯¢-v-µ® 80,000 80,000

{»® ©Ø-Ö® Pm-i-h® 1,40,000 1,40,000

£Ø-£» Ph-Ü¢-÷uõº 1,70,000 1,30,000
BÚ¢z uÚx ö\õ¢u £¯-ÝU-PõP ` 60,000 Gkz-xU öPõs-hõº. AÁº
uß-Ý-øh¯ ¯õ-£õ-µzøu ›-Ĩ-£-kz-x-Á-u-Ø-PõP ` 17,000 Tk-uÀ •uÀ
öPõsk Á¢- u õº. Ph- Ú õ- Î - P Ò «x 5% JxUS E¸- Á õU- P - Ä ®. ö£õÔ
©Ø-Ö® C¯¢-v-µ® «x 10% ÷u´-©õ-Ú® }U-P-Ä®.
AÀ»x

[ v¸¨¦P / Turn over

3307 (NS) 18

(B) -ö\ßøÚ ÂøÍ-¯õmk ©ß-Óz-vß RÌU-Põ-q® uP-ÁÀ-P-Î-¼-¸¢x 2018,
©õºa 31 &® |õ-÷Íõk •i-Á-øh-²® Bs-kU-S-›¯ ö£Ö-uÀ-PÒ ©Ø-Ö®
ö\¾z-uÀ-PÒ PnU-Q-øÚz u-¯õº ö\´-¯-Ä®.

ÂÁ-µ® ` ÂÁ-µ® `
öuõ-hUP öµõUP C¸¨¦ (1.4.2017) 10,000 \¢-uõ ö£Ø-Ó-x

öuõ-hUP Á[-Q-°-¸¨¦ (1.4.2017) 15,000 2016 - 17 4,500

Ámi ö\¾z-v-¯-x 5,000 2017 - 18 65,000

öuõ-ø»-÷£] ö\»-Ä-PÒ 7,000 2018 - 19 5,000 74,500

ø©uõ-Ú® £µõ-©-›z-u-x 22,500 öuõ-hº ÂøÍ-¯õm-k¨

B²Ò EÖ¨-¤-Úº Pm-h-n® ö£Ø-Ó-x 5,500 ÷£õm-ia ö\»-Ä-PÒ 12,500

©m-øh-PÒ ©Ø-Ö® £¢-x-PÒ Áõ[-Q-¯-x 13,000 öuõ-hº ÂøÍ-¯õm-k¨
÷£õmi {v Áµ-Ä-PÒ 15,000

CÖ-v öµõUP C¸¨¦ 5,000
(31.3.2018)

(a) Ananth does not keep his books under double entry system. Find the profit or
loss made by him for the year ending 31st March 2019.

31.3.2018 31.3.2019
Particulars
` `
Cash at Bank 5,000 (Dr) 60,000 (Cr)
Cash in Hand 3,000 4,500
Stock of Goods 35,000 45,000
Sundry Debtors 1,00,000 90,000
Plant and Machinery 80,000 80,000
Land and Building 1,40,000 1,40,000
Sundry Creditors 1,70,000 1,30,000

Ananth had withdrawn ` 60,000 for his personal use. He had introduced
` 17,000 as capital for expansion of his business. Create a provision of 5% on
Debtors. Plant and Machinery is to be depreciated at 10%.

OR

19 3307 (NS)

(b) From the following particulars of Chennai Sports Club, prepare Receipts and
Payments account for the year ended 31st March 2018.

Particulars ` Particulars `
Opening cash balance as on 1.4.2017 10,000 Subscriptions received
Opening bank balance as on 1.4.2017 15,000 2016 - 17 4,500
Interest paid 5,000 2017 - 18 65,000
Telephone expenses 7,000 2018 - 19 5,000 74,500
Upkeep of grounds 22,500 Tournament expenses 12,500
Life membership fees received 5,500 Tournament fund receipts 15,000
Bats and balls purchased 13,000 Closing balance of cash 5,000
(31.3.2018)

42. (A) -¤ß-Á-¸® ÂÁ-µ[-P-Î-¼-¸¢x ö©õzu ÂØ-£-øÚ-ø¯U PnU-Q-h-Ä® :
ÂÁ-µ ® `
2017 H¨-µÀ 1 AßÖ Ph-Úõ-Î-PÒ 1,50,000
2017 H¨-µÀ 1 AßÖ ö£Ö-uØ-S-›¯ ©õØ-Öa-^mk 40,000

Ph-Úõ-Î-P-Î-h-ª-¸¢x ö£ØÓ öµõU-P® 3,90,000

ö£Ö-uØ-S-›¯ ©õØ-Öa ^m-kU-S-›¯ öµõU-P® ö£Ø-Ó-x 90,000

ö£Ö-uØ-S-›¯ ©õØ-Öa-^m-k ©ÖU-P¨-£m-h-x 10,000

ÂØ-£-øÚz v¸¨-£® 40,000
2018 ©õºa 31 AßÖ ö£Ö-uØ-S-›¯ ©õØ-Öa-^m-k 30,000
2018 ©õºa 31 AßÖ £Ø-£» Ph-Úõ-Î-PÒ 1,30,000

öµõUP ÂØ-£øÚ 2,00,000

AÀ-»-x

[ v¸¨¦P / Turn over

3307 (NS) 20

(B) -C»U-Sª {Ö-©z-vß 2019, ©õºa 31 &® |õ-øͯ C¸¨¦ {ø»U SÔ¨¦
¤ß-Á-¸-©õÖ :

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

÷|º-ø©¨ £[S •uÀ 4,00,000
2. }s-h-Põ-»¨ ö£õ-Ö¨-¦ -PÒ

}s-h-Põ-»U Phß-PÒ 2,00,000
3. |h¨-¦ ¨ ö£õ-Ö¨-¦ -PÒ

(A) SÖ-Q-¯ Põ-»U Phß-PÒ 50,000

(B) P-nU-S-PÒ ‰»® ö\¾zu ÷Ás-i-¯øÁ 3,10,000

(C) C-uµ |h¨-¦¨ ö£õ-Ö¨-¦-PÒ öPõ-k-£h
÷Ás-i¯ ö\»-Ä-PÒ 15,000

(D) S-Ö-Q-¯ Põ» JxU-S-PÒ 25,000

ö©õz-u® 10,00,000
II. ö\õzxUPÒ
1. }sh Põ»a ö\õzxUPÒ

(A) {ø»a ö\õzxUPÒ
¦»ÚõS® ö\õzxUPÒ 4,00,000
2. |h¨¦a ö\õzxUPÒ

(A) \µUQ¸¨¦ 1,60,000

(B) ÁoPU PhÚõÎPÒ 3,20,000

(C) öµõUP® ©ØÖ® öµõUPzvØS \©©õÚøÁPÒ 80,000

(D) Cuµ |h¨¦a ö\õzxUPÒ
•ß Tmia ö\¾zv¯ ö\»ÄPÒ 40,000

ö©õz-u® 10,00,000

(i) |h¨¦ ÂQu® (ii) ÂøµÄ ÂQu® PnUQhÄ®.

21 3307 (NS)

(a) From the following particulars, calculate total sales.
Particulars `
st
Debtors on 1 April 2017 1,50,000
Bills receivable on 1 st April 2017 40,000
Cash received from Debtors 3,90,000
Cash received for bills receivable 90,000
Bills receivable dishonoured 10,000
Sales return 40,000
Bills receivable on 31 st March 2018 30,000
st
Sundry Debtors on 31 March 2018 1,30,000
Cash sales 2,00,000
OR
(b) Following is the balance sheet of Lakshmi Ltd. as on 31st March 2019 :
Particulars `
I. Equity and Liabilities
1. Shareholder's funds
Equity share capital 4,00,000
2. Non-current liabilities
Long-term borrowings 2,00,000
3. Current liabilities
(a) Short-term borrowings 50,000
(b) Trade payables 3,10,000
(c) Other current liabilities
Expenses payable 15,000
(d) Short-term provisions 25,000
Total 10,00,000
II. Assets
1. Non-current assets
(a) Fixed assets
Tangible assets 4,00,000
2. Current assets
(a) Inventories 1,60,000
(b) Trade debtors 3,20,000
(c) Cash and cash equivalents 80,000
(d) Other current assets
Prepaid expenses 40,000
Total 10,00,000
Calculate : (i) Current ratio (ii) Quick ratio

[ v¸¨¦P / Turn over

3307 (NS) 22

43. (A) -iÀ¼ C»U-Q¯ ©ß-Óz-vß 2019 -©õºa 31 &® |õ- ÷ Íõk •i- Á - ø h- ² ®
Bs-kU-S-›¯ öµõUP |h-Á-iU-øP-PÎß öuõ-S¨¦ ¤ß-Á-¸-©õÖ :

iÀ¼ C»UQ¯ ©ß-Ó®
2019 ©õºa 31 &® |õ-÷Íõk •i-Á-øh-²® Bs-kUS-›¯ ö£Ö-uÀ-PÒ
©Ø-Ö® ö\¾z-uÀ-PÒ P-nU-S
ö£Ö-uÀ-PÒ ` ö\¾z-uÀ-PÒ `
C¸¨¦ R/öPõ Áõ-h-øP-²® Ãu-•® 21,000

øP öµõU-P® 3,200 ›-Äøµ Pm-h-n® 4,500

~øÇ-ÄU Pm-h-n® 2,300 £À-Á-øPa ö\»-Ä-PÒ 7,200
\¢-uõ 46,000 {ø» øÁ¨-¦ 40,000
C¸¨¦ R/C
B²Ò EÖ¨-¤-Úº Pm-h-n® 2,500 øP öµõU-P® 4,300
{ø» øÁ¨-¤ß «uõÚ
Ámi ö£Ø-Ó-x 500
AøÓP»ß ÂØÓx (1.4.2018) 22,500

(Hmk ©v¨¦ ` 25,000)
77,000 77,000

Tk-uÀ uP-ÁÀ-PÒ :

(i) 2018, H¨-µÀ 1 AßÖ •uÀ-{v ` 63,200.

(ii) Bs-kz öuõ-hU-Pz-vÀ ©ß-Óz-vÀ C¸¢u ¡À-P-Îß ©v¨¦ ` 20,000
©Ø-Ö® AøÓ-P-»ß ©v¨¦ ` 40,000.

(iii) |h¨-£õs-iÀ •ß Tm-i¨ ö£ØÓ \¢-uõ ` 1,000.

\[- P z- v ß 2019, ©õºa 31 &® |õ- ÷ Íõk •i- Á - ø h- ² ® Bs- k U- S - › ¯
Á¸-Áõ´ ©Ø-Ö® ö\»-Â-ÚU PnU-øP-²® A¢-|õ-øͯ C¸¨¦ {ø»U
SÔ¨-ø£-²® u¯õº ö\´-¯-Ä®.

AÀ-»-x

23 3307 (NS)

(B) ¤ß- Á - ¸ ® ÂÁ- µ [- P øÍU öPõsk ]Áõ Áøµ- ¯ Ö {Ö- © z- v ß
©õºa 31, 2016 - © ØÖ® ©õºa 31, 2017 &UPõÚ ö£õx AÍÄ Á- ¸ - Á õ´
AÔU-øP-°øÚ u¯õº ö\´-¯-Ä®.
2015-16 2016-17
ÂÁ-µ®
` `

ÂØ-£øÚ ‰»® ö£ØÓ Á¸-Áõ´ 2,00,000 3,00,000

Cu-µ Á¸-©õ-Ú® 25,000 75,000

ö\»-Ä-PÒ 2,50,000 1,50,000

Á¸-©õÚ Á› 40% 40%

(a) The following is the summary of cash transactions of Delhi Literary Club for the
year ending 31st March 2019.
Delhi Literary Club
Receipts and Payments Account for the year ending 31st March 2019
Receipts ` Payments `
To Balance b/d By Rent and Rates 21,000
Cash in hand 3,200 By Lecture fees 4,500
To Entrance fees 2,300 By Sundry Expenses 7,200
To Subscriptions 46,000 By Fixed Deposit 40,000
By Balance c/d
To Life membership fees 2,500
Cash in hand 4,300
To Interest received
on Fixed Deposit 500
To Sale of furniture (1.4.2018) 22,500
(Book value ` 25,000)
77,000 77,000
Additional Information :
(i) Capital Fund as on 1st April 2018, was ` 63,200.
(ii) At the beginning of the year, the club possessed books worth ` 20,000 and
furniture worth ` 40,000.
(iii) Subscription received in advance during the current year amounted to
` 1,000.
Prepare Income and Expenditure account of the Club for the year ending
31st March, 2019 and the Balance Sheet as on that date.
OR

[ v¸¨¦P / Turn over

3307 (NS) 24

(b) From the following particulars of Siva Ltd., prepare common size income statement
for the years ended 31st March 2016 and 31st March 2017.

2015-16 2016-17
Particulars
` `
Revenue from operations 2,00,000 3,00,000
Other income 25,000 75,000
Expenses 2,50,000 1,50,000
Income tax 40% 40%

44. (A) -v÷Úè ©Ø-Ö® _S-©õº 2018 áÚ-Á-› 1 Aß-Ö Tm-hõsø© J¨-£¢-uz-vÀ
Dk-£m-h-Úº. v÷Úè ` 5,00,000 ©Ø-Ö® _S-©õº ` 4,00,000 •u-»õ-PU öPõsk
Á¢-u-Úº. J¨-£¢-u® ¤ß-Á-¸-Á-Ú-ÁØ-øÓU öPõs-kÒÍx :
(i) -v-÷Ú-è ©Ø-Ö® _S-©õº C»õ£ |m-h[-PøÍ 2 : 1 GßÓ ÂQ-uz-vÀ
£Q-µ ÷Ás-k®.
(ii) -Tm-hõ-Î-P-ÐUS •uÀ «x Ámi Bs-kUS 6% uµ¨-£h ÷Ás-k®.
(iii) -G-k¨-¦-PÒ «uõÚ Ámi PnU-Q-h¨-£h ÷Ás-i-¯x v÷Úè ` 3,600
©Ø-Ö® _S-©õº ` 2,300.
(iv) -v-÷Ú-æØS \®-£Í® Bs-kUS ` 62,000 ÁÇ[-P¨-£h ÷Ás-k®.
©Ø-Ö®
(v) -_S-©õ-¸US, AU-P-ÈøÁ PÈzu ¤ß EÒÍ {Pµ »õ-£z-vÀ 10% PÈ-Ä
uµ¨-£h ÷Ás-k®.
2018, i\®-£º 31 &® |õ-÷Íõk •i-Á-øh-²® Bs-iÀ, Ámi, \®-£Í®
©Ø-Ö® PÈ-Ä ÷£õß-Ó-ÁØøÓ \›U-Pm-k-Á-uØS •ß {Ö-Á-Ú® Dm-i¯
C»õ-£® ` 1,20,000.
C»õ£, |mh £QºÄ PnU-øPz u-¯õ-›U-P-Ä®.
AÀ-»-x

25 3307 (NS)

(B) ¤ß- Á - ¸ ® ÂÁ- µ [- P øÍU öPõsk, •Àø» Áøµ- ¯ Ö {Ö- © z- v ß
÷£õUS \u-Ã-u[-PøÍU PnU-Q-h-Ä®.

` C»m-\[-P-Î À
ÂÁ-µ®
2015 - 16 2016 - 17 2017 - 18
ÂØ-£øÚ ‰»® ö£ØÓ Á¸-Áõ´ 100 120 160
Cu-µ Á¸-©õ-Ú® 20 24 20

ö\»-Ä-PÒ 20 14 40

Á¸-©õÚ Á› 30% 30% 30%

(a) Dinesh and Sugumar entered into partnership agreement on 1st January 2018,
Dinesh contributing ` 5,00,000 and Sugumar ` 4,00,000 as capital.

The agreement provided that :

(i) Profits and losses to be shared in the ratio 2 : 1 as between Dinesh and
Sugumar.

(ii) Partners to be entitled to interest on capital @ 6% p.a.

(iii) Interest on drawings to be charged :
Dinesh : ` 3,600 and Sugumar : ` 2,300.

(iv) Dinesh to receive a salary of ` 62,000 for the year, and

(v) Sugumar is to receive a commission of 10% on the net profit after charging
such commission.

During the year ended on 31st December 2018, the firm made a profit of ` 1,20,000
before adjustment of interest, salary and commission.

Prepare the profit and loss appropriation account.

OR

[ v¸¨¦P / Turn over

3307 (NS) 26

(b) From the following information, calculate trend percentages for Mullai Ltd.

` in lakhs
Particulars
2015 - 16 2016 - 17 2017 - 18
Revenue from operations 100 120 160
Other income 20 24 20
Expenses 20 14 40
Income tax 30% 30% 30%

45. (A) -A-©À, ©À C¸-Á-¸-® J¸ Tmhõsø© {Ö-Á-Úz-vß Tmhõ-Î-PÒ.
AÁº-PÒ 7 : 5 GßÓ ÂQ-uz-vÀ C»õ-£[-PÒ ©Ø-Ö® |m-h[-PøÍ £Qº¢x
Á¢-u-Úº. 2019, ©õºa 31 Aß-øÓ¯ AÁº-P-Îß C¸¨¦ {ø»U SÔ¨¦
¤ß-Á-¸-©õÖ.

ö£õ-Ö ¨-¦ -P Ò ` ö\õz-x U-P Ò `
•uÀ PnU-S-PÒ : Pm-h-h® 80,000

A©À 70,000 AøÓ-P-»ß 20,000

©À 50,000 1,20,000 \µU-Q-¸¨¦ 25,000

£Ø-£» Ph-Ü¢-÷uõº 30,000 Ph-Úõ-Î-PÒ 30,000

C»õ£ |mh P/S 24,000 Á[-Q 19,000

1,74,000 1,74,000

1.4.2019 &À {º- © À - ¦ - v ¯ Tm- h õ- Î - ¯ õ- P a ÷\¸- Q - Ó õº. AÁº ` 30,000
•u- ¾ - h ß GvºPõ» C»õ- £ ¨ £[- Q À 1/3 ÂQ- u z- v À, ¤ß- Á - ¸ ®
\›U-Pm-h-¾hß Tm-hõ-Î-¯õ-Q-Óõº.
(i) -\-µU-Q-¸¨-¤ß ©v¨¦ ` 5,000 SøÓU-P¨-£h ÷Ás-k®.
(ii) -Áõ-µõ I¯U-P-hß J-xUS ` 3,000 E¸-ÁõUP¨-£h ÷Ás-k®.
(iii) -Pm-h-h® ` 20,000 ©v¨-÷£Ø-Ó® ö\´-¯¨-£h ÷Ás-k®.
©Ö- © - v ¨- ¥ m- k U PnUS ©Ø- Ö ® Tm- h õÎ ÷\ºU- ø PU- S ¨- ¤ß- £ õ- Ú
Tm-hõ-Î-°ß •uÀ PnUS u¯õº ö\´-¯-Ä®.
AÀ-»-x

27 3307 (NS)

(B) £õ-µz {Ö-©® ` 10 ©v¨-¦ÒÍ 1,00,000 £[-S-PøÍ •P-©-v¨-¤À ö£õx
©U- P - Ð US öÁÎ- ° m- h x. £[- S - P Ò «uõÚ £n® ö\¾zu ÷Ás- i ¯
ÂÁ-µ[-PÒ ¤ß-Á-¸-©õÖ :

Âs-n¨-£z-vß ÷£õx £[-öPõß-ÔØ-S `5

JxU-Rm-iß ÷£õx £[-öPõß-ÔØS `3

•uÀ ©Ø-Ö® CÖ-v AøǨ-¤ß ÷£õx £[-öPõß-ÔØS `2

1,20,000 £[- S - P - Ð US Âs- n ¨- £ z öuõøP ö£Ó¨- £ m- h x. Tk- u À
Âs- n ¨- £ z öuõøP Eh- Ú - i - ¯ õP v¸¨- ¤ a ö\¾z- u ¨- £ m- h x.
÷©Ø-Ps-h-ÁØøÓ £v-Ä ö\´¯ SÔ¨-÷£m-k¨ £v-Ä-P-øÍz uµ-Ä®.
(a) Amal and Vimal are partners in a firm sharing profits and losses in the ratio of
7 : 5. Their balance sheet as on 31st March, 2019 is as follows :

Liabilities ` Assets `
Capital accounts : Land 80,000
Amal 70,000 Furniture 20,000
Vimal 50,000 1,20,000 Stock 25,000
Sundry creditors 30,000 Debtors 30,000
Profit and Loss A/c 24,000 Bank 19,000
1,74,000 1,74,000

Nirmal is admitted as a new partner on 1.4.2019 by introducing a capital of
` 30,000 for 1/3 share in the future profit subject to the following adjustments :

(i) Stock to be depreciated by ` 5,000.

(ii) Provision for doubtful debts to be created for ` 3,000.

(iii) Land to be appreciated by ` 20,000.

Prepare Revaluation account and Capital accounts of partners after admission.

OR

[ v¸¨¦P / Turn over

3307 (NS) 28

(b) Bharath Ltd. issued 1,00,000 equity shares of ` 10 each to the public at par. The
details of the amount payable on the shares are as follows :
On application ` 5 per share
On allotment ` 3 per share
On first and final call ` 2 per share
Application money was received for 1,20,000 shares. Excess application money
was refunded immediately. Pass journal entries to record the above.

46. (A) \õº-»ì, •zx ©Ø-Ö® ÷\Pº GßÓ Tm-hõ-Î-PÒ •øÓ-÷¯ 3 : 4 : 2 GßÓ
ÂQ- u z- v À C»õ- £ [- P - ø ͨ £Qº¢x öPõs- h - Ú º. 2018 i\®- £ º 31 &®
|õ-øͯ AÁº-P-Îß C¸¨¦ {ø»U SÔ¨¦ ¤ß-Á-¸-©õÖ :

ö£õ-Ö¨-¦-PÒ ` ö\õz-xU-PÒ `
•uÀ PnU-S-PÒ : AøÓ-P-»ß 20,000

\õº-»ì 30,000 \µU-Q-¸¨-¦ 40,000

•zx 40,000 Ph-Úõ-Î-PÒ 30,000

÷\Pº 20,000 90,000 Á[Q öµõU-P® 33,000

£Ø-£» Ph-Ü¢-÷uõº 33,000

1,23,000 1,23,000

1.1.2019Aß- Ö ¤ß- Á - ¸ ® HØ- £ õ- k - P - Î ß £i \õº- » ì
Tm-hõs-ø©-°-¼-¸¢x »Q-Úõº.
(i) \µU-Q-¸¨-¤ß ©v¨¦ 10% Av-P-›U-P¨-£h ÷Ás-k®.
(ii) Áõ-µõU-P-hß «x ` 1,300 JxUS E¸-ÁõUP ÷Ás-k®.
(iii) \õº-»-êØS E›-¯ öuõøP Eh-Ú-i-¯õ-Pa ö\¾z-u¨-£m-hx.
©Ö-©-v¨-¥m-kU PnU-S, »-P-¾U-S¨ ¤ß EÒÍ Tm-hõ-Î-P-Îß •uÀ
PnUS ©Ø-Ö® C¸¨¦ {ø»U SÔ¨-¤-øÚz u¯õº ö\´-¯-Ä®.
AÀ»x

29 3307 (NS)

(B) |-Ãß {Ö-©z-vß ¤ß-Á-¸® Áo-P |h-Á-iU-øP-P-Î-¼-¸¢x PnU-Q-h-Ä® :

(i) ö©õzu C»õ£ ÂQ-u®

(ii) C¯UP AhUP Âø» ÂQ-u®

(iii) C¯UP C»õ£ ÂQ-u®

C»õ£ |mh AÔUøP

ÂÁ-µ® `

I ÂØ-£øÚ ‰»® ö£ØÓ Á¸-Áõ´ 20,000

II Cu-µ Á¸-©õ-Ú® :

•u-½-k ‰»® Á¸-Áõ´ 200

III ö©õzu Á¸-Áõ´ (I + II) 20,200

IV ö\»-Ä-PÒ :

öPõÒ-•-uÀ ö\´u \µU-S-PÒ 17,000

\µU-Q-¸¨¦ ©õØ-Ó® (−) 1,000

{v-\õº ö\»-Ä-PÒ 300

Cu-µ ö\»-Ä-PÒ ({º-Áõ-P® ©Ø-Ö® ÂØ-£øÚ) 2,400

ö©õzu ö\»-Ä-PÒ 18,700

V AÆ-Áõs-iØ-PõÚ Á›-US •ß-Úº EÒÍ
C»õ-£® (III − IV) 1,500

[ v¸¨¦P / Turn over

3307 (NS) 30

(a) Charles, Muthu and Sekar are partners, sharing profits in the ratio of 3 : 4 : 2.
Their balance sheet as on 31st December, 2018 is as under :

Liabilities ` Assets `

Capital accounts : Furniture 20,000

Charles 30,000 Stock 40,000

Muthu 40,000 Debtors 30,000
Sekar 20,000 90,000 Cash at bank 33,000

Sundry creditors 33,000

1,23,000 1,23,000

On 1.1.2019, Charles retired from the partnership firm on the following
arrangements :

(i) Stock to be appreciated by 10%.

(ii) To provide ` 1,300 for bad debts.

(iii) The final amount due to Charles was paid immediately.

Prepare revaluation account, partner’s capital account and the balance sheet of
the firm after retirement.

OR

31 3307 (NS)

(b) From the following trading activities of Naveen Ltd., calculate :

(i) Gross Profit Ratio

(ii) Operating Cost Ratio

(iii) Operating Profit Ratio

Statement of Profit and Loss

Particulars
`

I Revenue from operations 20,000

II Other income :

Income from investments 200

III Total revenues (I + II) 20,200

IV Expenses :

Purchase of stock-in-trade 17,000

Changes in inventories (−) 1,000

Finance costs 300

Other expenses (administration and selling) 2,400

Total expenses 18,700

V Profit before tax (III − IV) 1,500

[ v¸¨¦P / Turn over

3307 (NS) 32

47. (A) -{-÷Á-uõ Áøµ-¯-Ö {Ö-©® ` 10 ©v¨-¤-»õÚ 1000 ÷|º-ø©¨ £[-S-PøÍ,
AøǨ- ¦ z öuõøP £[S Jß- Ô ØS ` 4 Ãu® ö\¾z- u -  Àø» GÚ
JÖ¨- ¤ - Ç ¨¦ ö\´- u x. CvÀ £[S Jß- Ô ØS ` 7 Ãu® 800 £[- S - P Ò
©Ö-öÁ-Î-±k ö\´-¯¨-£m-hÚ. JÖ¨-¤-Ǩ¦ ©Ø-Ö® ©Ö-öÁ-Î-±m-iØ-PõÚ
SÔ¨-÷£m-k¨ £v-Ä-P-øÍz uµ-Ä®.

AÀ-»-x

(B) Tally.ERP 9 - & À ö£õ- x - Á õP £¯ß- £ - k z- u ¨- £ - k ® \õß- Ó õ- Á - n [- P - Î ß
ÁøP-P-øÍU SÔ¨-¤-h-Ä®.

(a) Nivetha Ltd. forfeited 1000 equity shares of ` 10 each for non payment of call of
` 4 per share. Of these, 800 shares were re-issued @ ` 7 per share. Pass journal
entries for forfeiture and re-issue.

OR

(b) Mention the commonly used voucher types in Tally.ERP 9.

-oOo-