CBSE Class 12 Accountancy Question Paper 2020 Set 67-3-2

H$moS> Z§.
Code No. 67/3/2
amob Z§. narjmWu H$moS >H$mo CÎma-nwpñVH$m Ho$ _wI-n¥ð
Roll No. >na Adí` {bIo§ &
Candidates must write the Code on the
title page of the answer-book.

ZmoQ> NOTE
(I) H¥$n`m Om±M H$a b| {H$ Bg àíZ-nÌ _o§ _w{ÐV (I) Please check that this question
n¥ð> 39 h¢ & paper contains 39 printed pages.

(II) àíZ-nÌ _| Xm{hZo hmW H$s Amoa {XE JE H$moS (II) Code number given on the right
>Zå~a H$mo N>mÌ CÎma-nwpñVH$m Ho$ _wI-n¥ð> na hand side of the question paper
{bI| & should be written on the title page of
the answer-book by the candidate.
(III) H¥$n`m Om±M H$a b| {H$ Bg àíZ-nÌ _| (III) Please check that this question
>32 àíZ h¢ & paper contains 32 questions.

(IV) H¥$n`m àíZ H$m CÎma {bIZm ewê$ H$aZo go (IV) Please write down the Serial
nhbo, CÎma-nwpñVH$m _| àíZ H$m H«$_m§H$ Number of the question in the
Adí` {bI| & answer-book before attempting it.
(V) Bg àíZ-nÌ H$mo n‹T>Zo Ho$ {bE 15 {_ZQ >H$m (V) 15 minute time has been allotted to
g_` {X`m J`m h¡ & àíZ-nÌ H$m {dVaU read this question paper. The
nydm©• _| 10.15 ~Oo {H$`m OmEJm & question paper will be distributed
10.15 ~Oo go 10.30 ~Oo VH$ N>mÌ Ho$db at 10.15 a.m. From 10.15 a.m. to
10.30 a.m., the students will read the
àíZ-nÌ H$mo n‹T>|Jo Am¡a Bg Ad{Y Ho$ Xm¡amZ question paper only and will not
do CÎma-nwpñVH$m na H$moB© CÎma Zht {bI|Jo & write any answer on the
answer-book during this period.

boImemñÌ
ACCOUNTANCY

{ZYm©[aV g_` : 3 KÊQ>o A{YH$V_ A§H$ : 80
Time allowed : 3 hours Maximum Marks : 80

.67/3/2 1 P.T.O.

gm_mÝ` {ZX}e :
{ZåZ{b{IV {ZX}em| H$mo ~hþV gmdYmZr go n{‹T>E Am¡a CZH$m nyar Vah go nmbZ H$s{OE :
(i) àíZ-nÌ Xmo ^mJm| _§| {d^m{OV {H$`m J`m h¡ – ^mJ H$ Ed§ ^mJ I & Bg àíZ-nÌ _|
32 àíZ h¢ & g^r àíZ A{Zdm`© h¢ &
(ii) ^mJ H$ g^r narjm{W©`m| Ho$ {bE A{Zdm`© h¡ &
(iii) ^mJ I _| Xmo {dH$ën {XE JE h¢ (1) {dÎmr` {ddaUm| H$m {díbofU VWm (2) A{^H${bÌ
boIm§H$Z & Bg_| {XE JE {dH$ënm| _| go Amn {H$gr EH$ {dH$ën Ho$ àíZm| Ho$ CÎma {b{IE &
(iv) M`{ZV {dH$ën Ho$ àíZm| H$m CÎma Amaå^ H$aZo go nyd© CÎma-nwpñVH$m na M`Z {H$E JE
{dH$ën H$m erf©H$ Adí` {b{IE &
(v) àíZ g§»`m 1 go 13 VWm 23 go 29 VH$ A{V bKw-CÎmar` àH$ma Ho$ àíZ h¢, àË`oH$ àíZ
1 A§H$ H$m h¡ &
(vi) àíZ g§»`m 14 Am¡a 30 VH$ bKw-CÎmar` àH$ma–I Ho$ àíZ h¢, àË`oH$ àíZ 3 A§H$m| H$m h¡ &
(vii) àíZ g§»`m 15 go 18 VWm 31 bKw-CÎmar` àH$ma–II Ho$ àíZ h¢, àË`oH$ àíZ 4 A§H$m| H$m h¡ &
(viii) àíZ g§»`m 19, 20 VWm 32 XrK©-CÎmar` àH$ma–I Ho$ àíZ h¢, àË`oH$ àíZ 6 A§H$m| H$m h¡ &
(ix) àíZ g§»`m 21 Am¡a 22 XrK©-CÎmar` àH$ma–II Ho$ àíZ h¢, àË`oH$ àíZ 8 A§H$m| H$m h¡ &
(x) CÎma g§{já VWm q~Xþdma hmoZo Mm{hE & {H$gr ^mJ> Ho$ g^r àíZm| Ho$ CÎma EH$ hr ñWmZ na
{bIo OmZo Mm{hE &
(xi) H$moB© g_J« {dH$ën Zht h¡ & hmbm§{H$ VrZ-VrZ A§H$m| dmbo 2 àíZm| _§o, Mma-Mma$ A§H$m| dmbo
2 àíZm| _§o, N>:-N>: A§H$m| dmbo 1 àíZ _§o Am¡a AmR>-AmR> A§H$m| dmbo 2 àíZm| _§o Am§V[aH$
{dH$ën {X`m J`m h¡ & AmnH$mo Eogo àíZm| _| Ho$db EH$ hr {dH$ën H$m CÎma XoZm h¡ &
(xii) BgHo$ A{V[aº$, Amdí`H$VmZwgma, àË`oH$ ^mJ> Am¡a àíZ Ho$ gmW AbJ-AbJ `Wmo{MV
{ZX}e {XE JE h¢ &
^mJ> H$
(Abm^H$mar g§JR>Zm|, gmPoXmar \$_m] VWm H$ån{Z`m| Ho$ {bE boIm§H$Z)
1. ardm, _rVy VWm Amem EH$ \$_© Ho$ gmPoXma Wo VWm 1 : 2 : 3 Ho$ AZwnmV _§o bm^-hm{Z ~m±Q>Vo
Wo & 31 OwbmB©, 2019 H$mo _rVy H$s _¥Ë`w hmo JB© & gmPoXmar g§boI Ho$ AZwgma, _¥Ë`w Ho$ df©
_| {nN>bo boIm§H$Z df© H$s g_m{á go _¥Ë`w H$s {V{W VH$ \$_© _| CgHo$ bm^ Ho$ ^mJ H$s
JUZm _¥Ë`w go nyd© Xmo dfm] Ho$ Hw$b bm^m| Ho$ AmYma na H$s OmEJr & 31 _mM©, 2018 VWm
31 _mM©, 2019 H$mo g_má hþþE dfm] Ho$ {bE \$_© H$m bm^ H«$_e: < 46,000 VWm
< 44,000 Wm & \$_© AnZr nwñVH|$ à{V df© 31 _mM© H$mo ~ÝX H$aVr h¡ & CgH$s _¥Ë`w H$s
{V{W VH$ _rVy Ho$ bm^ H$m ^mJ hmoJm : 1
(A) < 20,000
(B) < 5,000
(C) < 10,000
(D) < 45,000
.67/3/2 2

General Instructions :
Read the following instructions very carefully and strictly follow them :
(i) This question paper comprises two Parts – A and B. There are
32 questions in the question paper. All questions are compulsory.
(ii) Part A is compulsory for all candidates.
(iii) Part B has two options i.e. (1) Analysis of Financial Statements and
(2) Computerized Accounting. You have to attempt only one of the given
options.
(iv) Heading of the option opted must be written on the Answer-Book before
attempting the questions of that particular OPTION.
(v) Question nos. 1 to 13 and 23 to 29 are very short answer type questions
carrying 1 mark each.
(vi) Question nos. 14 and 30 are short answer type–I questions carrying
3 marks each.
(vii) Question nos. 15 to 18 and 31 are short answer type–II questions carrying
4 marks each.
(viii) Question nos. 19, 20 and 32 are long answer type–I questions carrying
6 marks each.
(ix) Question nos. 21 and 22 are long answer type–II questions carrying
8 marks each.
(x) Answers should be brief and to the point. The answer of each part should
be written at one place.
(xi) There is no overall choice. However, an internal choice has been provided
in 2 questions of three marks, 2 questions of four marks, 1 question of
six marks and 2 questions of eight marks. You have to attempt only one of
the choices in such questions.
(xii) However, separate instructions are given with each part and question,
wherever necessary.
PART A
(Accounting for Not-for-Profit Organizations, Partnership Firms and Companies)
1. Riva, Meetu and Asha were partners in a firm sharing profit and losses
in the ratio of 1 : 2 : 3. Meetu died on 31st July, 2019. According to the
partnership agreement, her share of profit from the closure of last
accounting year till the date of her death was to be calculated on the
basis of aggregate profits of two completed years before her death. Profits
of the firm for the years ending 31st March, 2018 and 31st March, 2019
were < 46,000 and < 44,000 respectively. The firm closes its books on
31st March every year. Meetu’s share of profit till the date of her death
will be : 1
(A) < 20,000
(B) < 5,000
(C) < 10,000
(D) < 45,000
.67/3/2 3 P.T.O.

2. ì`dgm` Ho$ H«$` Ho$ g_` ewÕ n[agån{Îm`m| go H«$` _yë` H$s A{YH$Vm H$mo : 1
(A) ny±OrJV g§M` _§o Ho«o${S>Q> {H$`m OmVm h¡ &
(B) »`m{V ImVo _| S>o{~Q> {H$`m OmVm h¡ &
(C) gm_mÝ` g§M` ImVo _| Ho«o${S>Q> {H$`m OmVm h¡ &
(D) {dH«o$Vm (~oMZo dmbo) Ho$ ImVoo _| Ho«o${S>Q> {H$`m OmVm h¡ &

3. {ZXoeH$m| Ûmam dmñVd _§o _m±Jo OmZo go nyd© A§eYmaH$m| go àmá A{J«_ àW_ `mMZm am{e H$mo : 1
(A) A{J«_ `mMZm ImVo _| S>o{~Q> {H$`m OmVm h¡ &
(B) eo`a Am~§Q>Z ImVo _| Ho«o${S>Q> {H$`m OmVm h¡ &
(C) àW_ `mMZm ImVo _| S>o{~Q> {H$`m OmVm h¡ &
(D) A{J«_ `mMZm ImVo _| Ho«o${S>Q> {H$`m OmVm h¡ &

4. gwàr_ {b{_Q>oS> Zo < 100 àË`oH$ Ho$ 1,000, 11% G$UnÌm| H$m {ZJ©_Z g__yë` na {H$`m,
BZ G$UnÌm| H$m emoYZ nm±M dfm] Ho$ níMmV² 10% Ho$ àr{_`_ na H$aZm Wm & G$UnÌ emoYZ
{Zdoe _| {Zdoe H$s OmZo dmbr Ý`yZV_ am{e hmoJr : 1
(A) < 25,000
(B) < 27,500
(C) < 16,500
(D) < 15,000

5. ‘AmhaU na ã`mO’ < 4,000 Ho$ boZXoZ Ho$ {bE [aº$ ñWmZm| H$s ny{V© H$s{OE : 1
amoµOZm_Mm
Zm_ O_m
{V{W {ddaU Im. ~. n¥. < <
........................... Zm_o, 4,000
................................ 4,000
(AmhaU na ã`mO bJm`m)

.67/3/2 4

2. Excess value of net assets over purchase consideration at the time of
purchase of business is : 1
(A) Credited to the Capital Reserve.
(B) Debited to the Goodwill Account.
(C) Credited to the General Reserve Account.
(D) Credited to the Vendor’s Account.

3. First call amount received in advance from the shareholders before it is
actually called up by the directors is : 1
(A) Debited to calls-in-advance account.
(B) Credited to share allotment account.
(C) Debited to first call account.
(D) Credited to calls-in-advance account.

4. Supreme Ltd. issued 1,000, 11% Debentures of < 100 each at par,
redeemable after five years at a premium of 10%. The minimum amount
invested in Debenture Redemption Investments will be : 1
(A) < 25,000
(B) < 27,500
(C) < 16,500
(D) < 15,000

5. Fill in the blanks for the transaction ‘Interest on drawings’ < 4,000. 1
Journal
Dr. Cr.
Date Particulars L.F. < <
...................................... Dr. 4,000

To ............................. 4,000

(Being Interest on drawings charged)

.67/3/2 5 P.T.O.

6. 1 An«¡b, 2018 H$mo ŠdrÝg Šb~ H$m nwañH$ma H$mof < 4,00,000 Wm & BgZo df© _|
nwañH$mam| na < 4,30,000 H$s am{e ì`` H$s & 31 _mM©, 2019 H$mo pñW{V {ddaU _|
nwañH$ma H$mof H$m eof hmoJm : 1
(A) < 30,000
(B) < 4,00,000
(C) (< 30,000)
(D) eyÝ`

7. [abmE~b {b{_Q>oS> Zo qg{S>Ho$Q> ~¢H$ go < 20,00,000 H$m G$U boZo Ho$ {bE g§nmpíd©H$
à{V^y{V Ho$ ê$n _| < 100 àË`oH$ Ho$ 30,000, 12% G$UnÌm| H$m {ZJ©_Z {H$`m & G$UnÌm|
H$mo g§nmpíd©H$ à{V^y{V Ho$ ê$n _| {ZJ©{_V H$aZo H$s amoµOZm_Mm à{d{ï> _| [aº$ ñWmZm| H$s ny{V©
H$s{OE & 1
[abmE~b {b{_Q>oS>
amoµOZm_Mm
Zm_ O_m
{V{W {ddaU Im. ~. n¥. < <
..................... ImVm Zm_o, ...........

..................... ImVm ...........

(< 20,00,000 Ho$ G$U
Ho$ {bE < 30,00,000 Ho$
G$UnÌm| H$m g§nmpíd©H$
à{V^y{V Ho$ ê$n _| {ZJ©_Z)

8. _mhr VWm aOV EH$ \$_© Ho$ gmPoXma Wo VWm 4 : 3 Ho$ AZwnmV _§o bm^-hm{Z ~m±Q>Vo Wo &
CÝhm|Zo H¥$nm H$mo EH$ ZE gmPoXma Ho$ ê$n _| àdoe {X`m & H¥$nm »`m{V àr{_`_ Ho$ AnZo ^mJ
Ho$ {bE < 60,000 bmB©, {Ogo nyU© ê$n go _mhr Ho$ ny±Or ImVo _| Ho«${S>Q> H$a {X`m J`m &
àdoe H$s {V{W H$mo \$_© H$s »`m{V H$m _yë`m§H$Z < 4,20,000 {H$`m J`m & _mhr, aOV
VWm H¥$nm Ho$ ZE bm^ {d^mOZ AZwnmV H$s JUZm H$s{OE & 1

.67/3/2 6

6. On 1st April, 2018, Queens Club had a Prize Fund of < 4,00,000. During
the year it incurred expenses on prizes amounting to < 4,30,000. The
balance of Prize Fund in the Balance Sheet as on 31st March, 2019 will
be : 1
(A) < 30,000
(B) < 4,00,000
(C) (< 30,000)
(D) Zero
7. Reliable Ltd. issued 30,000, 12% Debentures of < 100 each as collateral
security for a loan of < 20,00,000 taken from Syndicate Bank. Fill in the
blanks for the journal entry for issue of these debentures as a collateral
security. 1

Reliable Ltd.
Journal

Dr. Cr.
Date Particulars L.F. < <

........................... A/c Dr. ...........

To ............................. A/c ...........

(< 30,00,000 debentures issued as
collateral security for a loan of
< 20,00,000)

8. Mahi and Rajat were in partnership sharing profits and losses in the
ratio of 4 : 3. They admitted Kripa as a new partner. Kripa brought
< 60,000 as her share of goodwill premium which was entirely credited to
Mahi’s capital account. On the date of admission, goodwill of the firm was
valued at < 4,20,000. Calculate the new profit sharing ratio of Mahi,
Rajat and Kripa. 1

.67/3/2 7 P.T.O.

9. EH$ Abm^H$mar g§JR>Z Ho$ {bE {ZåZ _| go H$m¡Z-gr Am`JV àm{á h¡ ? 1

(A) ~§Xmo~ñVr H$mof
(B) gaH$mar AZwXmZ
(C) AmOrdZ gXñ`Vm ewëH$
(D) dgr`V
10. A{^XÎm ny±Or hmoVr h¡ : 1
(A) n§OrH¥$V ny±Or H$m dh ^mJ {Ogo OZVm H$mo A{^XmZ Ho$ {bE {ZJ©{_V {H$`m J`m h¡ &
(B) {ZJ©{_V ny±Or H$m dh ^mJ Omo dmñVd _| OZVm Ûmam A{^XÎm {H$`m J`m h¡ &
(C) A{^XÎm ny±Or H$m dh ^mJ {Ogo A§em| Ho$ {bE _m±Jm J`m h¡ &
(D) A{^XÎm ny±Or H$m dh ^mJ {Ogo A§em| Ho$ {bE A^r VH$ _m±Jm Zht J`m h¡ &
11. H¥$f VWm bj EH$ \$_© Ho$ gmPoXma Wo VWm 4 : 1 Ho$ AZwnmV _o| bm^-hm{Z ~m±Q>Vo Wo & CÝhm|Zo
amZr H$mo EH$ ZE gmPoXma Ho$ ê$n _| àdoe {X`m & H¥$f Zo AnZo ^mJ H$m 1 dm± ^mJ VWm
4
bj Zo AnZo ^mJ H$m 1 dm± ^mJ amZr Ho$ nj _| Ë`mJ {X`m & nwZJ©{R>V \$_© Ho$ bm^m| _|
5
amZr H$m ^mJ hmoJm : 1
2
(A)
5
6
(B)
25
9
(C)
30
1
(D)
9

12. {ZåZ _| go H$m¡Z-gm H$WZ Am` VWm ì`` ImVo Ho$ {bE ghr Zht h¡ ? 1
(A) `h Ho$db Am`JV àH¥${V H$s _Xm| H$m boIm H$aVm h¡ &
(B) Bg_| boIm H$s JB© _Xm| H$m g§~§Y Ho$db Mmby df© go hmoVm h¡ &
(C) Bg ImVo _| _yë`õmg H$m boIm Zht {H$`m J`m &
(D) Bg_| Amapå^H$ eof Zht hmoVm h¡ &
13. EH$ H$ånZr H$s A{YH¥$V ny±Or __________ Ho$ ê$n _| ^r OmZr OmVr h¡ & 1

.67/3/2 8

9. Which of the following is a revenue receipt for a not-for-profit
organisation ? 1
(A) Endowment Fund
(B) Government Grants
(C) Life Membership Fees
(D) Legacies
10. Subscribed capital is : 1
(A) That part of authorised capital which is issued to the public for
subscription.
(B) That part of issued capital which has been actually subscribed by
the public.
(C) That part of subscribed capital which has been called up on the
shares.
(D) That part of subscribed capital which has not yet been called up on
the shares.
11. Krish and Laksh were partners in a firm sharing profits and losses in the
ratio of 4 : 1. They admitted Rani as a new partner. Krish sacrificed
1 th 1
of his share and Laksh sacrificed th of his share in favour of Rani.
4 5
Rani’s share in the profits of the reconstituted firm will be : 1
2
(A)
5
6
(B)
25
9
(C)
30
1
(D)
9
12. Which of the following statements is not true for Income and
Expenditure Account ? 1
(A) It records items of revenue nature only.
(B) Items recorded in it relate only to the current period.
(C) Depreciation is not recorded in this account.
(D) It does not have an opening balance.
13. Authorised capital of a company is also known as _____________ . 1
.67/3/2 9 P.T.O.

14. í`m_Or M¡[aQ>o~b gmogmBQ>r go g§~§{YV {ZåZ {ddaUm| go, 31 _mM©, 2019 H$mo g_má hþE
df© Ho$ {bE àm{á VWm ^wJVmZ ImVm V¡`ma H$s{OE : 3

{ddaU am{e
<
1.4.2018 H$mo amoH$‹S> hñVo 16,000

1.4.2018 H$mo ~¢H$ _| amoH$‹S> 28,000
MÝXm (2017  18 H$m < 11,000 gpå_{bV) 60,000

^dZ Ho$ {bE XmZ 2,90,000

{d{dY ì`` 98,000

bm°H$a {H$am`m 32,000

àdoe ewëH$ 41,000

AWdm
EH$ AñnVmb H$s Xr JB© gyMZm go df© 2018  19 _| Cn^moJ H$s JB© XdmB`m| H$s am{e H$s
JUZm H$s{OE : 3

{ddaU am{e
<
XdmB`m| Ho$ H«$` Ho$ {bE ^wJVmZ 5,10,000

H«$` H$s JB© XdmB`m| Ho$ boZXma :
1.4.2018 H$mo 34,000
31.3.2019 H$mo 29,000
XdmB`m| H$m ñQ>m°H$ :
1.4.2018 H$mo 86,000

31.3.2019 H$mo 39,000

XdmB`m| Ho$ Amny{V©H$Vm©Am| H$mo A{J«_ :
1.4.2018 H$mo 26,000

31.3.2019 H$mo 32,000

.67/3/2 10

14. From the following particulars relating to Shyamji Charitable Society,
prepare a Receipts and Payments Account for the year ending
31st March, 2019 : 3
Amount
Particulars
<
Cash in hand as on 1.4.2018 16,000
Cash at bank as on 1.4.2018 28,000
Subscriptions (including < 11,000 for
60,000
2017  18)
Donations for building 2,90,000

Miscellaneous expenses 98,000

Locker rent 32,000
Entrance fees 41,000

OR
From the given information of a hospital, calculate the amount of
medicines consumed during the year 2018  19 : 3
Amount
Particulars
<
Payment for purchase of medicines 5,10,000
Creditors for medicines purchased :
On 1.4.2018 34,000
On 31.3.2019 29,000
Stock of Medicines :
On 1.4.2018 86,000
On 31.3.2019 39,000
Advance to suppliers of medicines :
On 1.4.2018 26,000
On 31.3.2019 32,000

.67/3/2 11 P.T.O.

15. 31 _mM©, 2019 H$mo g_má hþE df© Ho$ {bE \«o$ÝS²>g Šb~ Ho$ {XE JE àm{á VWm ^wJVmZ
ImVo VWm A{V[aº$ gyMZm go, 31 _mM©, 2019 H$mo g_má hþE df© H$m Am` VWm ì`` ImVm
V¡`ma H$s{OE &
31 _mM©, 2019 H$mo g_má hþE df© Ho$ {bE \«o$ÝS²>g Šb~ H$m àm{á VWm ^wJVmZ ImVm
am{e am{e
àm{á`m± <
^w J VmZ <
\$ZuMa
eof ZrMo bmE 50,400
(1.12.2018 H$mo H«$`) 1,20,000

XmZ 44,000 doVZ 1,00,000

nwamZr IobHy$X gm_J«r H$m {dH«$` 2,000 g{Md H$m _mZXo` 4,000

MÝXm : nwñVH|$ 44,000
2017  18 1,600 eof ZrMo bo JE 15,000
2018  19 60,000

2019  20 5,000 66,600

àdoe ewëH$ 1,20,000

2,83,000 2,83,000

A{V[aº$ gyMZm :
(i) 1 Aà¡b, 2018 H$mo Šb~ Ho$ nmg n[agån{Îm`m| VWm Xo`VmAm| Ho$ {ZåZ eof Wo :
\$ZuMa < 1,00,000; AXÎm MÝXm < 2,000 VWm AXÎm doVZ < 6,000.
(ii) Šb~ Ho$ 75 gXñ` Wo VWm àË`oH$ < 1,000 dm{f©H$ MÝXm XoVm h¡ &
(iii) \$ZuMa na 10% à{V df© H$s Xa go _yë`õmg bJmZm h¡ & 4
16. drZm VWm gmo_oe EH$ \$_© Ho$ gmPoXma Wo VWm CZH$s ny±Or H«$_e: < 1,00,000 VWm
1
< 80,000 Wr & 1 Aà¡b, 2019 H$mo CÝhm|Zo \$_© Ho$ ^mdr bm^m| _| d| ^mJ Ho$ {bE
4
{Zem H$mo EH$ Z`m gmPoXma ~Zm`m & {Zem AnZr ny±Or Ho$ {bE < 90,000 bmB© & {Zem Zo
AnZo ^mJ H$m 1 dm± ^mJ drZm go VWm eof gmo_oe go {b`m &
12
\$_© H$s »`m{V Ho$ _yë` H$s JUZm H$s{OE VWm {Zem Ho$ àdoe na Amdí`H$ amoµOZm_Mm
à{d{ï>`m± H$s{OE & 4
AWdm
.67/3/2 12

15. From the given Receipts and Payments Account and additional
information of Friends Club for the year ended 31st March, 2019, prepare
Income and Expenditure Account for the year ending 31st March, 2019.
Receipts and Payments Account of Friends Club for the year
ending 31st March, 2019
Amount Amount
Receipts Payments
< <
By Furniture
To Balance b/d 50,400 1,20,000
(Purchased on 1.12.2018)
To Donations 44,000 By Salaries 1,00,000
To Sale of old sports
2,000 By Secretary’s honorarium 4,000
material
To Subscriptions : By Books 44,000
2017  18 1,600 By Balance c/d 15,000
2018  19 60,000
2019  20 5,000 66,600
To Entrance fees 1,20,000
2,83,000 2,83,000
Additional Information :
(i) On 1st April, 2018 the Club had the following balances
of assets and liabilities :
Furniture < 1,00,000; Subscriptions in arrears < 2,000 and
Outstanding Salary < 6,000.
(ii) The Club had 75 members each paying an annual subscription of
< 1,000.
(iii) Charge depreciation on Furniture @ 10% p.a. 4

16. Veena and Somesh were partners in a firm with capitals of < 1,00,000

and < 80,000 respectively. They admitted Nisha on 1st April, 2019 as a
1 th
new partner for share in the future profits of the firm. Nisha
4
1 th
brought < 90,000 as her capital. Nisha acquired her share as from
12
Veena and the remaining from Somesh.
Calculate the value of goodwill of the firm and pass the necessary journal
entries on Nisha’s admission. 4
OR

.67/3/2 13 P.T.O.

Amem, arZm VWm MmhV EH$ \$_© H$s gmPoXma Wt VWm 2 : 2 : 1 Ho$ AZwnmV _| bm^-hm{Z
~m±Q>Vr Wt & 31 _mM©, 2019 H$mo CZH$m pñW{V {ddaU {ZåZ àH$ma go Wm :
31 _mM©, 2019 H$mo Amem, arZm VWm MmhV H$m pñW{V {ddaU
am{e am{e
Xo`VmE± <
n[agån{Îm`m± <
boZXma 12,00,000 g§`§Ì VWm _erZar 14,80,000
gm_mÝ` g§M` 2,00,000 ñQ>m°H$ 2,20,000

ny±Or : {d{dY XoZXma 2,60,000
KQ>m g§{X½Y G$Um|
Amem 3,00,000 Ho$ {bE àmdYmZ 20,000 2,40,000
arZm 2,00,000 ~¢H$ 60,000
MmhV 1,00,000 6,00,000
20,00,000 20,00,000

1 Aà¡b, 2019 go Amem, arZm VWm MmhV Zo ^mdr bm^m| H$mo ~am~a-~am~a ~m±Q>Zo H$m {ZU©`
{b`m & BgHo$ {bE `h gh_{V hþB© {H$ :
(i) \$_© H$s »`m{V H$m _yë`m§H$Z < 1,50,000 {H$`m J`m &
(ii) Sy>~V G$U < 40,000 Ho$ Wo & XoZXmam| na g§{X½Y G$Um| Ho$ {bE 5% H$s Xa go
àmdYmZ H$aZm Wm &
\$_© H$s nwñVH$m| _| Cn`w©º$ boZXoZm| H$m boIm H$aZo Ho$ {bE Amdí`H$ amoµOZm_Mm à{d{ï>`m±
H$s{OE & 4
17. ZrZm VWm gmam EH$ \$_© H$s gmPoXma Wt VWm CZH$s ñWm`r ny±Or H«$_e: < 5,00,000
VWm < 4,00,000 Wr & `h nm`m J`m {H$ 6% dm{f©H$ Xa go 31 _mM©, 2018 VWm
31 _mM©, 2019 H$mo g_má hmoZo dmbo Xmo dfmo] Ho$ ny±Or na ã`mO H$s IVm¡Zr gmPoXmam| Ho$
O_m nj _§o H$a Xr JB© O~{H$ gmPoXmar g§boI _| Eogm H$moB© àmdYmZ Zht Wm & {nN>bo Xmo
dfm] Ho$ Xm¡amZ CZH$m bm^-{d^mOZ AZwnmV Wm :
2017  18 4:5
2018  19 5:1

AnZo H$m`© H$mo ñnï> ê$n go Xem©Vo hþE, Aew{Õ Ho$ emoYZ Ho$ {bE Amdí`H$ amoµOZm_Mm
à{d{ï> H$s{OE & 4

.67/3/2 14

Asha, Rina and Chahat were partners in a firm sharing profits and losses
in the ratio of 2 : 2 : 1. Their Balance Sheet as at 31st March, 2019 was as
follows :

Balance Sheet of Asha, Rina and Chahat as at 31st March, 2019
Amount Amount
Liabilities Assets
< <
Creditors 12,00,000 Plant and Machinery 14,80,000
General Reserve 2,00,000 Stock 2,20,000
Sundry Debtors
Capitals :
2,60,000

Less Provision
Asha 3,00,000 for doubtful debts 20,000 2,40,000
Rina 2,00,000 Bank 60,000
Chahat 1,00,000 6,00,000
20,00,000 20,00,000

Asha, Rina and Chahat decided to share future profits equally with effect
from 1st April, 2019. For this, it was agreed that :
(i) Goodwill of the firm be valued at < 1,50,000.
(ii) Bad debts amounted to < 40,000. A provision for doubtful debts
was to be made @ 5% on debtors.
Pass the necessary journal entries to record the above transactions in the
books of the firm. 4
17. Neena and Sara were partners in a firm with fixed capitals of
< 5,00,000 and < 4,00,000 respectively. It was discovered that interest on
capital @ 6% p.a. was credited to the partners for the two years ending
31st March, 2018 and 31st March, 2019 whereas there was no such
provision in the partnership deed. Their profit sharing ratio during the
last two years was :
2017  18 4:5
2018  19 5:1
Showing your workings clearly, pass the necessary adjustment entry to
rectify the error. 4

.67/3/2 15 P.T.O.

18. AmZ, emZ VWm _hmZ EH$ \$_© Ho$ gmPoXma Wo VWm 2 : 2 : 1 Ho$ AZwnmV _| bm^-hm{Z ~m±Q>Vo
Wo & 31 _mM©, 2019 H$mo CZH$m pñW{V {ddaU {ZåZ àH$ma go Wm :
31 _mM©, 2019 H$mo AmZ, emZ VWm _hmZ H$m pñW{V {ddaU
am{e am{e
Xo`VmE± <
n[agån{Îm`m± <
boZXma 1,20,000 \$ZuMa 3,70,000
ny±Or : ñQ>m°H$ 1,50,000
AmZ 2,00,000 XoZXma 75,000
emZ 3,00,000 ~¢H$ 1,25,000
_hmZ 1,00,000 6,00,000
7,20,000 7,20,000

1 {Xgå~a, 2019 H$mo _hmZ H$s _¥Ë`w hmo JB© & _hmZ H$s _¥Ë`w na {ZåZ eVm] na gh_{V hþB© :

(i) \$_© H$s »`m{V H$m _yë`m§H$Z < 80,000 {H$`m J`m &
(ii) df© 2019  20 Ho$ bm^ H$m AO©Z {nN>bo df© H$s bm^ Xa Ho$ g_mZ _mZm
OmEJm & df© 2018  19 H$m bm^ < 60,000 Wm &
(iii) _hmZ Ho$ {ZînmXH$m| H$mo AmYr am{e H$m ^wJVmZ VwaÝV H$a {X`m J`m &
\$_© H$s nwñVH$m| _| Cn`w©º$ boZXoZm| H$m boIm H$aZo Ho$ {bE Amdí`H$ amoµOZm_Mm à{d{ï>`m±
H$s{OE & 4

19. {ZåZ boZXoZm| Ho$ {bE G$UnÌm| Ho$ {ZJ©_Z na Amdí`H$ amoµOZm_Mm à{d{ï>`m± H$s{OE :
(i) AmZ§X {b{_Q>oS> Zo < 4,80,000 bmJV H$s _erZar H«$` Ho$ {bE {dH«o$VmAm| H$mo
< 500 àË`oH$ Ho$ 800, 9% G$UnÌm| H$m {ZJ©_Z 20% Ho$ àr{_`_ na {H$`m &
(ii) S>mda {b{_Q>oS> Zo < 200 àË`oH$ Ho$ 5,000, 7% G$UnÌm| H$m {ZJ©_Z 5% Ho$
àr{_`_ na {H$`m & BZ G$UnÌm| H$m emoYZ 10% Ho$ àr{_`_ na H$aZm Wm &
(iii) Zm°dëQ>r {b{_Q>oS> Zo < 100 àË`oH$ Ho$ 1,000, 8% G$UnÌm| H$m {ZJ©_Z 5% Ho$ ~Å>o
na {H$`m & BZ G$UnÌm| H$m emoYZ 10% Ho$ àr{_`_ na H$aZm Wm & 6

AWdm
.67/3/2 16

18. Aan, Shaan and Mahan were partners in a firm sharing profits and
losses in the ratio of 2 : 2 : 1. On 31st March, 2019 their Balance Sheet
was as follows :
Balance Sheet of Aan, Shaan and Mahan as at 31st March, 2019
Amount Amount
Liabilities Assets
< <
Creditors 1,20,000 Furniture 3,70,000
Capitals : Stock 1,50,000
Aan 2,00,000 Debtors 75,000
Shaan 3,00,000 Bank 1,25,000
Mahan 1,00,000 6,00,000
7,20,000 7,20,000

Mahan died on 1st December, 2019. The following terms were agreed
upon on Mahan’s death :
(i) Goodwill of the firm was valued at < 80,000.
(ii) Profit for the year 2019  20 be taken as having accrued at the
same rate as the previous year. Profits for the year 2018  19 were
< 60,000.
(iii) Half the amount was paid to Mahan’s executors immediately.
Pass the necessary journal entries to record the above transactions in the
books of the firm. 4

19. Pass the necessary journal entries for the issue of debentures for the
following transactions :

(i) Anand Ltd. issued 800, 9% Debentures of < 500 each at a premium
of 20%, to the vendors for machinery purchased from them costing
< 4,80,000.
(ii) Dawar Ltd. issued 5,000, 7% Debentures of < 200 each at a
premium of 5%, redeemable at a premium of 10%.

(iii) Novelty Ltd. issued 1,000, 8% Debentures of < 100 each at a
discount of 5%, redeemable at a premium of 10%. 6

OR

.67/3/2 17 P.T.O.

(i) 1 Aà¡b, 2019 H$mo ~«mBQ> {b{_Q>oS> Zo < 100 àË`oH$ Ho$ 4,00,000, 6% G$UnÌm|
H$m {ZJ©_Z 5% ~Å>o na {H$`m & BZH$m emoYZ VrZ dfm] Ho$ níMmV² H$aZm Wm &
à{V G$UnÌ am{e H$m ^wJVmZ {ZåZ àH$ma go Wm :
AmdoXZ na – < 80 à{V G$UnÌ
Am~§Q>Z na – eof
G$UnÌ nyU©V: A{^XÎm hþE VWm g^r am{e àmá hmo JB© &
G$UnÌm| Ho$ {ZJ©_Z na Amdí`H$ amoµOZm_Mm à{d{ï>`m± H$s{OE &
(ii) {Xem {b{_Q>oS> Zo H¥${V {b{_Q>oS> H$s < 8,00,000 H$s n[agån{Îm`m| VWm
< 3,00,000 H$s Xo`VmAm| H$m < 6,00,000 Ho$ H«$` _yë` na A{YJ«hU {H$`m &
^wJVmZ < 100 àË`oH$ Ho$ 9% G$UnÌm| H$mo 20% àr{_`_ na {ZJ©{_V H$aHo$ {H$`m
J`m &
{Xem {b{_Q>oS> H$s nwñVH$m| _o| Cn`w©º$ boZXZm| H$m boIm H$aZo Ho$ {bE Amdí`H$
amoµOZm_Mm à{d{ï>`m± H$s{OE & 6

20. Z{_Vm VWm A{Ib EH$ \$_© Ho$ gmPoXma Wo VWm 4 : 3 Ho$ AZwnmV _| bm^-hm{Z ~m±Q>Vo Wo &
31 _mM©, 2019 H$mo \$_© H$m {dKQ>Z hmo J`m & n[agån{Îm`m| (amoH$‹S> H$mo N>mo‹S>H$a) VWm ~mø
Xo`VmAm| H$mo dgybr ImVo _| ñWmZmÝV[aV H$aZo Ho$ níMmV² {ZåZ boZXoZ hþE :
(i) A{Ib Zo < 49,000 Ho$ ~¢H$ G$U H$m ^wJVmZ H$aZm ñdrH$ma {H$`m &
(ii) EH$ nwamZm H$åß`yQ>a Wm {Ogo nwñVH$m| go nyU© ê$n go An{b{IV H$a {X`m J`m Wm &
Bgo Z{_Vm Zo < 3,000 _| bo {b`m &
(iii) < 39,000 Ho$ {Zdoem| H$mo Iwbo ~mµOma _| < 32,000 _| ~oMm J`m & BgHo$ {bE
Xbmb H$mo < 600 H$_reZ H$m ^wJVmZ {H$`m J`m &
(iv) < 46,000 Ho$ boZXmam| Zo 10% Ho$ ~Å>o na < 40,000 H$m ñQ>m°H$ ñdrH$ma {H$`m
VWm CZH$mo eof H$m ^wJVmZ M¡H$ Ûmam {H$`m J`m &
(v) A{Ib H$mo {dKQ>Z à{H«$`m H$s XoIaoI Ho$ {bE {Z`wº$ {H$`m J`m {OgHo$ {bE Cgo
< 13,000 nm[al{_H$ {X`m J`m & dh {dKQ>Z ì`` dhZ H$aZo Ho$ {bE gh_V hmo
J`m & A{Ib Ûmam dmñV{dH$ ê$n go < 21,000 ì`` {H$E JE {OZH$m ^wJVmZ
\$_© Zo {H$`m &
(vi) bm^-hm{Z ImVm < 14,000 H$m H«o${S>Q> eof Xem© ahm Wm {OgH$m {d^mOZ gmPoXmam|
_§o H$a {X`m J`m &
\$_© H$s nwñVH$m| _| Cn`w©º$ boZXoZm| H$m boIm H$aZo Ho$ {bE Amdí`H$ amoµOZm_Mm à{d{ï>`m±
H$s{OE & 6

.67/3/2 18

(i) On 1st April, 2019, Bright Ltd. issued 4,00,000, 6% Debentures of
< 100 each at a discount of 5%, redeemable after three years. The
amount per debenture was payable as follows :
On Application – < 80 per debenture
On Allotment – Balance
The debentures were fully subscribed and all money was duly
received.
Pass necessary journal entries for issue of debentures.
(ii) Disha Ltd. took over assets of < 8,00,000 and liabilities of
< 3,00,000 from Kriti Ltd. for a purchase consideration of
< 6,00,000. The payment was made by issue of 9% Debentures of
< 100 each at 20% premium.
Pass the necessary journal entries for the above transactions in the
books of Disha Ltd. 6

20. Namita and Akhil were partners in a firm sharing profits and losses in
the ratio of 4 : 3. The firm was dissolved on 31st March, 2019. After
transfer of assets (other than cash) and external liabilities to Realization
Account, the following transactions took place :
(i) Akhil undertook to pay a bank loan of < 49,000.
(ii) There was an old computer which had been completely written off
from the books. It was taken over by Namita at < 3,000.
(iii) Investments of < 39,000 were sold in the open market for
< 32,000. A commission of < 600 was paid to the broker for the
same.
(iv) Creditors worth < 46,000 accepted stock of < 40,000 at a discount
of 10% and the balance was paid to them by cheque.
(v) Akhil was appointed to look after the dissolution process for which
he was allowed a remuneration of < 13,000. He agreed to bear
dissolution expenses. Actual expenses incurred by Akhil were
< 21,000 which were paid by the firm.
(vi) Profit and Loss Account showed a credit balance of < 14,000 which
was distributed between the partners.
Pass the necessary journal entries to record the above transactions in the
books of the firm. 6

.67/3/2 19 P.T.O.

21. Amerf VWm {Z{_f EH$ \$_© Ho$ gmPoXma Wo VWm 3 : 2 Ho$ AZwnmV _o| bm^-hm{Z ~m±Q>Vo Wo &
31 _mM©, 2019 H$mo CZH$m pñW{V {ddaU {ZåZ àH$ma go Wm :
31 _mM©, 2019 H$mo Amerf VWm {Z{_f H$m pñW{V {ddaU
am{e am{e
Xo`VmE± n[agån{Îm`m±
< <
ny±Or : g§`§Ì VWm _erZar 2,90,000

Amerf 3,10,000 \$ZuMa 2,20,000
{Z{_f 2,90,000 6,00,000 XoZXma 90,000
KQ>m g§{X½Y G$Um|
gm_mÝ` g§M` 50,000 Ho$ {bE àmdYmZ 1,000 89,000
H$m_Jma j{Vny{V© H$mof 20,000 ñQ>m°H$ 1,40,000

boZXma 1,10,000 amoH$‹S> 41,000

7,80,000 7,80,000
1
1 Aà¡b, 2019 H$mo JrVm H$mo bm^ _| d| ^mJ Ho$ {bE {ZåZ eVm] na àdoe {X`m J`m :
4
(i) \$_© H$s »`m{V H$m _yë`m§H$Z < 2,00,000 {H$`m J`m &
(ii) JrVm AnZr ny±Or Ho$ {bE < 3,00,000 VWm »`m{V àr{_`_ Ho$ AnZo ^mJ Ho$ {bE
ZJX bmB© &
(iii) Sy>~V G$U < 2,000 Ho$ Wo & XoZXmam| na g§{X½Y G$Um| Ho$ {bE 5% H$s Xa go
àmdYmZ H$aZm h¡ &
(iv) \$ZuMa H$m _yë` < 65,400 H$_ nm`m J`m &
(v) {Z{_f Zo < 1,30,000 _| ñQ>m°H$ bo {b`m &
(vi) H$m_Jma j{Vny{V© H$mof H$s Xo`Vm H$m {ZYm©aU < 30,000 {H$`m J`m &
(vii) Cn`w©º$ g_m`moOZm| Ho$ níMmV² Amerf VWm {Z{_f H$s ny±{O`m| H$mo JrVm H$s ny±Or Ho$
AmYma na g_m`mo{OV {H$`m J`m & Am{YŠ` AWdm H$_r H$m g_m`moOZ Mmby ImVo
ImobH$a H$aZm Wm &
nwZ_y©ë`m§H$Z ImVm, gmPoXmam| Ho$ ny±Or ImVo VWm JrVm Ho$ àdoe Ho$ níMmV² \$_© H$m pñW{V
{ddaU V¡`ma H$s{OE & 8
AWdm
.67/3/2 20

21. Ashish and Nimish were partners in a firm sharing profits and losses in
the ratio of 3 : 2. On 31st March, 2019 their Balance Sheet was as follows :
Balance Sheet of Ashish and Nimish as at 31st March, 2019
Amount Amount
Liabilities Assets
< <
Capitals : Plant and Machinery 2,90,000

Ashish 3,10,000 Furniture 2,20,000
Nimish 2,90,000 6,00,000 Debtors 90,000
Less provision for
General Reserve 50,000 doubtful debts 1,000
89,000
Workmen’s
20,000 Stock 1,40,000
Compensation Fund
Creditors 1,10,000 Cash 41,000

7,80,000 7,80,000

1 th
On 1st April, 2019, Geeta was admitted into the partnership for
4
share in the profits on the following terms :
(i) Goodwill of the firm was valued at < 2,00,000.
(ii) Geeta brought < 3,00,000 as her capital and her share of goodwill
premium in cash.
(iii) Bad debts amounted to < 2,000. Create a provision for doubtful
debts @ 5% on debtors.
(iv) Furniture was found undervalued by < 65,400.
(v) Stock was taken over by Nimish for < 1,30,000.
(vi) The liability against workmen’s compensation fund was
determined at < 30,000.
(vii) After the above adjustments, the capitals of Ashish and Nimish
were to be adjusted taking Geeta’s capital as the base. Excess or
shortage was to be adjusted by opening current accounts.
Prepare Revaluation Account, Partners’ Capital Accounts and the
Balance Sheet of the firm after Geeta’s admission. 8
OR
.67/3/2 21 P.T.O.

amYm, _mZg VWm AZ©d EH$ \$_© Ho$ gmPoXma Wo VWm 3 : 1 : 1 Ho$ AZwnmV _o| bm^-hm{Z ~m±Q>Vo
Wo & 31 _mM©, 2019 H$mo CZH$m pñW{V {ddaU {ZåZ àH$ma go Wm :
31 _mM©, 2019 H$mo amYm, _mZg VWm AZ©d H$m pñW{V {ddaU
am{e am{e
Xo`VmE± <
n[agån{Îm`m± <
ny±Or : \$ZuMa 4,60,000

amYm 4,00,000 {Zdoe 2,00,000

_mZg 3,00,000 ñQ>m°H$ 2,40,000

AZ©d 2,00,000 9,00,000 XoZXma 2,20,000
KQ>m g§{X½Y G$Um|
{Zdoe CVma-M‹T>md H$mof 1,10,000
Ho$ {bE àmdYmZ 10,000 2,10,000
boZXma 2,50,000 ZJX 1,50,000

12,60,000 12,60,000

1 Aà¡b, 2019 H$mo _mZg Zo AdH$me J«hU {H$`m & `h gh_{V hþB© {H$ :

(i) ñQ>m°H$ H$mo 20% go ~‹T>m`m OmEJm &
(ii) g§{X½Y G$Um| Ho$ {bE àmdYmZ H$mo < 15,000 VH$ ~‹T>m`m OmEJm &$
(iii) \$ZuMa Ho$ _yë` H$mo < 3,000 go H$_ {H$`m OmEJm &
(iv) {Zdoem| H$m ~mµOma _yë` < 1,90,000 Wm &
(v) \$_© H$s »`m{V H$m _yë`m§H$Z < 2,00,000 {H$`m J`m VWm _mZg Ho$ ^mJ H$m
g_m`moOZ amYm VWm AZ©d Ho$ ImVm| _| {H$`m J`m &
(vi) _mZg H$mo < 68,000 H$m ^wJVmZ ZJX {H$`m J`m VWm eof H$mo CgHo$ G$U ImVo _|
ñWmZmÝV[aV H$a {X`m J`m &
(vii) amYm VWm AZ©d H$s ny±Or CZHo$ ZE bm^ {d^mOZ AZwnmV _| hmoJr & CZHo$ ny±Or
ImVm| _| `{X H$moB© Am{YŠ`/H$_r h¡, Vmo CgH$m g_m`moOZ Mmby ImVm| Ho$ _mÜ`_ go
{H$`m OmEJm &
nwZ_y©ë`m§H$Z ImVm, gmPoXmam| Ho$ ny±Or ImVo VWm nwZJ©{R>V \$_© H$m pñW{V {ddaU V¡`ma
H$s{OE & 8

.67/3/2 22

Radha, Manas and Arnav were partners in a firm sharing
profits and losses in the ratio of 3 : 1 : 1. Their Balance Sheet as at
31st March, 2019 was as follows :
Balance Sheet of Radha, Manas and Arnav as at 31st March, 2019
Amount Amount
Liabilities < Assets <
Capitals : Furniture 4,60,000

Radha 4,00,000 Investments 2,00,000

Manas 3,00,000 Stock 2,40,000
Arnav 2,00,000 9,00,000 Debtors 2,20,000

Investment Less provision for
1,10,000 doubtful debts 10,000
Fluctuation Fund 2,10,000

Creditors 2,50,000 Cash 1,50,000

12,60,000 12,60,000

Manas retired on 1st April, 2019. It was agreed that :
(i) Stock was to be appreciated by 20%.
(ii) Provision for doubtful debts was to be increased to < 15,000.
(iii) Value of furniture was to be reduced by < 3,000.
(iv) Market value of investments was < 1,90,000.
(v) Goodwill of the firm was valued at < 2,00,000 and Manas’s share
was adjusted in the accounts of Radha and Arnav.
(vi) Manas was paid < 68,000 in cash and the balance was transferred
to his loan account.
(vii) Capitals of Radha and Arnav were to be in proportion to their new
profit sharing ratio. Surplus/deficit, if any, in their capital accounts
was to be adjusted through current accounts.
Prepare Revaluation Account, Partners’ Capital Accounts and the
Balance Sheet of the reconstituted firm. 8
.67/3/2 23 P.T.O.

22. amR>r {b{_Q>oS> Zo < 10 àË`oH$ Ho$ 1,00,000 A§em| H$mo < 2 à{V A§e Ho$ àr{_`_ na
{ZJ©{_V H$aZo Ho$ {bE AmdoXZ Am_pÝÌV {H$E & à{V A§e am{e H$m ^wJVmZ {ZåZ àH$ma go
H$aZm Wm :
AmdoXZ na – < 4 (< 1 àr{_`_ g{hV)
Am~§Q>Z na – < 4 (< 1 àr{_`_ g{hV)
àW_ VWm ApÝV_ `mMZm na – eof
1,50,000 A§em| Ho$ {bE AmdoXZ àmßV hþE VWm AmdoXH$m| H$mo Am~§Q>Z {ZåZ àH$ma go {H$`m
J`m :
(i) 80,000 A§em| Ho$ AmdoXH$m| H$mo 60,000 A§e Am~§{Q>V {H$E JE &
(ii) 50,000 A§em| Ho$ AmdoXH$m| H$mo 40,000 A§e Am~§{Q>V {H$E JE &
(iii) eof AmdoXH$m| H$mo A§em| H$m H$moB© Am~§Q>Z Zht {H$`m J`m VWm CZH$s AmdoXZ am{e
dmng H$a Xr JB© &
`{VZ, Omo dJ© (ii) go gå~pÝYV Wm VWm {OgZo 5,000 A§em| Ho$ {bE AmdoXZ {H$`m Wm,
Am~§Q>Z am{e VWm `mMZm am{e H$m ^wJVmZ H$aZo _§o Ag\$b ahm & CgHo$ A§em| H$m haU H$a
{b`m J`m & BgHo$ níMmV², `{VZ Ho$ haU {H$E JE AmYo A§em| H$mo < 18 à{V A§e nyU©
àXÎm nwZ: {ZJ©{_V H$a {X`m J`m &
amR>r {b{_Q>oS> H$s nwñVH$m| _| Cn`w©º$ boZXZm| H$m boIm H$aZo Ho$ {bE Amdí`H$ amoµOZm_Mm
à{d{ï>`m± H$s{OE & 8
AWdm
B©H$mo {b{_Q>oS> Zo < 10 àË`oH$ Ho$ 2,00,000 g_Vm A§em| H$mo < 3 à{V A§e Ho$ àr{_`_ na
{ZJ©{_V H$aZo Ho$ {bE AmdoXZ Am_pÝÌV {H$E & am{e H$m ^wJVmZ {ZåZ àH$ma go H$aZm Wm :
AmdoXZ na – < 4 à{V A§e
Am~§Q>Z na – < 6 à{V A§e (< 3 àr{_`_ g{hV)
àW_ VWm ApÝV_ `mMZm na – eof
3,00,000 A§em| Ho$ {bE AmdoXZ àmßV hþE VWm g^r AmdoXH$m| H$mo AmZwnm{VH$ AmYma na
A§em| H$m Am~§Q>Z H$a {X`m J`m & AmdoXZ na ^wJVmZ H$s JB© A{V[aº$ am{e H$m g_m`moOZ
Am~§Q>Z na Xo` am{e _| H$a {b`m J`m & gwZrb, {OgZo 6,000 A§em| Ho$ {bE AmdoXZ {H$`m
Wm, Am~§Q>Z am{e H$m ^wJVmZ H$aZo _| Ag\$b ahm, O~{H$ 2,000 A§em| Ho$ YmaH$ [af^ Zo
Am~§Q>Z Ho$ gmW àW_ VWm ApÝV_ `mMZm H$m ^wJVmZ H$a {X`m & Am~§Q>Z Ho$ VwaÝV níMmV²
gwZrb Ho$ A§em| H$m haU H$a {b`m J`m & CgHo$ níMmV², àW_ VWm ApÝV_ `mMZm _m±Jr
JB© VWm nyU© ê$n go àmá hmo JB© & haU {H$E JE AmYo A§em| H$mo < 9 à{V A§e nyU© àXÎm
dfm© H$mo nwZ: {ZJ©{_V H$a {X`m J`m &
B©H$mo {b{_Q>oS> H$s nwñVH$m| _| Cn`w©º$ boZXoZm| H$m boIm H$aZo Ho$ {bE Amdí`H$ amoµOZm_Mm
à{d{ï>`m± H$s{OE & 8
.67/3/2 24

22. Rathi Ltd. invited applications for issuing 1,00,000 shares of < 10 each at
a premium of < 2 per share. Amount per share was payable as follows :
On Application – < 4 (including premium < 1)
On Allotment – < 4 (including premium < 1)
On First and Final Call – Balance
Applications were received for 1,50,000 shares and allotment was made
to the applicants as follows :
(i) Applicants of 80,000 shares were allotted 60,000 shares.
(ii) Applicants of 50,000 shares were allotted 40,000 shares.
(iii) No shares were allotted to the remaining applicants and their
application money was returned.
Yatin, who belonged to category (ii) and who had applied for 5,000 shares
failed to pay the allotment and call money. His shares were forfeited.
Later, half of Yatin’s forfeited shares were reissued @ < 18 per share as
fully paid up.
Pass the necessary journal entries to record the above transactions in the
books of Rathi Ltd. 8
OR
Eiko Ltd. invited applications for issuing 2,00,000 equity shares of < 10
each at a premium of < 3 per share. The amount was payable as follows :
On Application – < 4 per share
On Allotment – < 6 per share (including premium < 3)
On First and Final Call – Balance
Applications were received for 3,00,000 shares and allotment was made
on pro-rata basis to all the applicants. Money overpaid on applications
was utilised towards sums due on allotment. Sunil, who applied for
6,000 shares failed to pay the allotment money while Rishab holding
2,000 shares paid the first and final call money with allotment. Sunil’s
shares were forfeited immediately after allotment. Thereafter, first and
final call was made and was duly received. Half of the forfeited shares
were reissued to Varsha as fully paid for < 9 per share.
Pass the necessary journal entries to record the above transactions in the
books of Eiko Ltd. 8

.67/3/2 25 P.T.O.

^mJ I
{dH$ën 1
({dÎmr` {ddaUm| H$m {díbofU)

23. EH$ H$ånZr Ho$ pñW{V {ddaU _| ‘nyd©XÎm ~r_m’ ___________ Cn-erf©H$ Ho$ AÝVJ©V Xem©`m
OmVm h¡ & 1

24. EŠg {b{_Q>oS> H$m G$U-g_Vm AZwnmV 1 : 2 h¡ & ‘~moZg A§em| H$m {ZJ©_Z’ AZwnmV H$mo
~‹T>mEJm, KQ>mEJm AWdm Bg_| H$moB© n[adV©Z Zht hmoJm ? AnZo CÎma Ho$ g_W©Z _§o H$maU
Xr{OE & 1

25. dñÌ ~ZmZo dmbr EH$ H$ånZr Ho$ {bE, H$ƒo _mb H$s àm{á, CËnmXZ ì``m| H$m ^maJ«hU,
dñÌm| Ho$ {dH«$` H$mo ___________ J{V{d{Y`m| _| dJuH¥$V {H$`m OmVm h¡ & 1

26. Ho$.Eb. {b{_Q>oS> Ho$ A§em| H$m A{YJ«hU H$aZo Ho$ {bE < 7,00,000 H$m ^wJVmZ {H$`m VWm
A{YJ«hU Ho$ níMmV² < 20,000 bm^m§e àmá hþAm & BZ boZXoZm| H$m n[aUm_ hmoJm 1
(A) {Zdoe J{V{d{Y`m| _| à`wº$ amoH$‹S> < 7,00,000.
(B) {dÎmr` J{V{d{Y`m| Ûmam CËnÞ amoH$‹S> < 7,20,000.
(C) {dÎmr` J{V{d{Y`m| Ûmam CËnÞ amoH$‹S> < 6,80,000.
(D) {Zdoe J{V{d{Y`m| _| à`wº$ amoH$‹S> < 6,80,000.

27. {ZåZ _| go H$m¡Z {dÎmr` {ddaU {díbofU H$m Am¡µOma Zht h¡ ? 1

(A) pñW{V {ddaU
(B) amoH$‹S> àdmh {ddaU
(C) bm^-hm{Z {ddaU
(D) Cn`w©º$ g^r

28. amoH$‹S> àdmh {ddaU V¡`ma H$aZo Ho$ CÔoí` H$m CëboI H$s{OE & 1

.67/3/2 26

PART B
OPTION 1
(Analysis of Financial Statements)

23. ‘Prepaid Insurance’ appears in the Balance Sheet of a company under the
sub-head ___________ . 1

24. The debt-equity ratio of X Ltd. is 1 : 2. Will ‘issue of bonus shares’
increase, decrease or not change the ratio ? Give reasons in support of
your answer. 1

25. For a company manufacturing garments, procurement of raw material,
incurrence of manufacturing expenses, sale of garments are classified as
____________ activities. 1

26. Paid < 7,00,000 to acquire shares in K.L. Ltd. and received a dividend of
< 20,000 after acquisition. These transactions will result in 1

(A) Cash used in investing activities < 7,00,000.

(B) Cash generated from financing activities < 7,20,000.

(C) Cash generated from financing activities < 6,80,000.

(D) Cash used in investing activities < 6,80,000.

27. Which of the following is not a tool of Financial Statements Analysis ? 1

(A) Balance Sheet

(B) Cash Flow Statement

(C) Statement of Profit and Loss
(D) All of the above

28. State the objective of preparing Cash Flow Statement. 1

.67/3/2 27 P.T.O.

29. H$ånZr Ho$ pñW{V {ddaU _| ‘A{J«_ _m±J’ {ZåZ erf©H$ Ho$ AÝVJ©V Xem©`r OmVr h¡ : 1
(A) AMb n[agån{Îm`m±
(B) Mmby Xo`VmE±
(C) A§eYmaH$ H$mof
(D) AMb Xo`VmE±
30. {ZåZ gyMZm go Mmby AZwnmV VWm G$U-g_Vm AZwnmV H$s JUZm H$s{OE : 3
<
AMb n[agån{Îm`m± 16,00,000
Mmby n[agån{Îm`m± 4,00,000
H$m`©erb ny±Or 2,00,000
AMb Xo`VmE± 12,00,000
AWdm
{ZåZ gyMZm go Amapå^H$ _mbgyMr (BÝd|Q´>r) VWm ApÝV_ _mbgyMr (BÝd|Q´>r) H$s JUZm
H$s{OE :
_mbgyMr (BÝd|Q´>r) AmdV© AZwnmV = 5 JwUm
àMmbZm| go AmJ_ = < 8,00,000
gH$b bm^ AZwnmV = 25%
ApÝV_ _mbgyMr (BÝd|Q´>r), Amapå^H$ _mbgyMr go < 20,000 A{YH$ Wr & 3
31. {dMma {b{_Q>oS> H$s nwñVH$m| go àmá {ZåZ gyMZm go 31 _mM©, 2019 H$mo g_má hþE df© Ho$
{bE VwbZmË_H$ bm^-hm{Z {ddaU V¡`ma H$s{OE : 4

{ddaU 2018 − 19 2017 − 18

àMmbZm| go AmJ_ Cn^moJ {H$E JE _mb Cn^moJ {H$E JE _mb
H$s bmJV H$m 300% H$s bmJV H$m 200%
Cn^moJ {H$E JE _mb H$s bmJV < 4,00,000 < 2,00,000
Cn^moJ {H$E JE _mb Cn^moJ {H$E JE _mb
AÝ` ì``
H$s bmJV H$m 20% H$s bmJV H$m 20%
H$a Xa 50% 50%

AWdm

.67/3/2 28

29. ‘Calls in advance’ appears in the company’s Balance Sheet under the head : 1
(A) Non-Current Assets
(B) Current Liabilities
(C) Shareholders Funds
(D) Non-Current Liabilities
30. Calculate the Current Ratio and Debt-Equity Ratio from the following
information : 3
<
Non-Current Assets 16,00,000
Current Assets 4,00,000
Working Capital 2,00,000
Non-Current Liabilities 12,00,000
OR
From the following information, determine the opening inventory and the
closing inventory :
Inventory Turnover Ratio = 5 times
Revenue from Operations = < 8,00,000
Gross Profit Ratio = 25%
Closing inventory was < 20,000 more than the opening inventory. 3
31. From the following information obtained from the books of Vichar Ltd.,
prepare a Comparative Statement of Profit and Loss for the year ending
31st March, 2019 : 4

Particulars 2018 − 19 2017 − 18

300% of cost of 200% of cost of
Revenue from operations
materials consumed materials consumed

Cost of materials consumed < 4,00,000 < 2,00,000
20% of cost of 20% of cost of
Other expenses
materials consumed materials consumed
Tax rate 50% 50%

OR

.67/3/2 29 P.T.O.

31 _mM©, 2019 H$mo gm§Mr {b{_Q>oS> Ho$ {ZåZ pñW{V {ddaU go EH$ gm_mÝ` AmH$ma H$m
pñW{V {ddaU V¡`ma H$s{OE : 4

gm§Mr {b{_Q>oS>
31 _mM©, 2019 H$mo pñW{V {ddaU

ZmoQ> 31.3.2019 31.3.2018
{ddaU
g§. < <
I – g_Vm VWm Xo`VmE± :

1. A§eYmaH$ {Z{Y`m± :
(A) A§e ny±Or 4,00,000 2,00,000

(~) g§M` Ed§ Am{YŠ` 1,00,000 70,000

2. AMb Xo`VmE± :
XrK©H$mbrZ CYma 3,00,000 4,30,000

3. Mmby Xo`VmE± :
ì`mnm[aH$ Xo` 2,00,000 3,00,000

Hw$b 10,00,000 10,00,000

II – n[agån{Îm`m± :

1. AMb n[agån{Îm`m± :
ñWm`r n[agån{Îm`m± :
_yV© n[agån{Îm`m± 6,00,000 5,00,000

2. Mmby n[agån{Îm`m± :
(A) _mbgyMr (ñQ>m°H$) 2,50,000 2,00,000
(~) amoH$‹S> Ed§ amoH$‹S> Vwë` 1,50,000 3,00,000
Hw$b 10,00,000 10,00,000

.67/3/2 30

From the following Balance Sheet of Sanchi Ltd., as at 31st March, 2019,
prepare a common size Balance Sheet : 4
Sanchi Ltd.
Balance Sheet as at 31st March, 2019

Note 31.3.2019 31.3.2018
Particulars No. < <
I – Equity and Liabilities :

1. Shareholders Funds :

(a) Share Capital 4,00,000 2,00,000

(b) Reserves and Surplus 1,00,000 70,000

2. Non-Current Liabilities :

Long-term Borrowings 3,00,000 4,30,000

3. Current Liabilities :

Trade Payables 2,00,000 3,00,000

10,00,000 10,00,000
Total
II – Assets :

1. Non-Current Assets :

Fixed Assets :

Tangible Assets 6,00,000 5,00,000

2. Current Assets :

(a) Inventories 2,50,000 2,00,000

(b) Cash and Cash Equivalents 1,50,000 3,00,000

Total 10,00,000 10,00,000

.67/3/2 31 P.T.O.

32. 31 _mM©, 2019 H$mo g_má hþE df© Ho$ {bE AemoH$ {b{_Q>oS> H$s àMmbZ J{V{d{Y`m| go
ewÕ amoH$‹S> àdmh ‘eyÝ`’ Wm & AemoH$ {b{_Q>oS> Ho$ 31 _mM©, 2019 H$mo {ZåZ pñW{V {ddaU
go amoH$‹S> àdmh {ddaU V¡`ma H$s{OE :
AemoH$ {b{_Q>oS>
31 _mM©, 2019 H$mo pñW{V {ddaU
ZmoQ> 31.3.2019 31.3.2018
{ddaU g§. < <
I – g_Vm Ed§ Xo`VmE± :
1. A§eYmar$ {Z{Y`m± :

(A) A§e ny±Or 19,00,000 11,00,000
(~) g§M` Ed§ Am{YŠ` 1 1,60,000 2,00,000
2. AMb Xo`VmE± :

XrK©H$mbrZ CYma 2 1,00,000 4,00,000
3. Mmby Xo`VmE± :

(A) AënH$mbrZ CYma 3 2,50,000 2,30,000
(~) AënH$mbrZ àmdYmZ 4 1,90,000 2,70,000
Hw$b 26,00,000 22,00,000

II – n[agån{Îm`m± :
1. AMb n[agån{Îm`m± :
ñWm`r n[agån{Îm`m± :
(i) _yV© n[agån{Îm`m± 5 15,00,000 11,00,000
(ii) A_yV© n[agån{Îm`m± 6 2,80,000 1,70,000
2. Mmby n[agån{Îm`m± :
(A) Mmby {Zdoe 1,30,000 2,90,000
(~) ì`mnm[aH$ àmß` 3,90,000 4,10,000
(g) amoH$‹S> Ed§ amoH$‹S> Vwë` 3,00,000 2,30,000
Hw$b 26,00,000 22,00,000

.67/3/2 32

32. There was ‘Nil’ net cash flow from operating activities of Ashok Ltd. during
the year ending 31st March, 2019. From the following Balance Sheet of
Ashok Ltd. as at 31st March, 2019, prepare a Cash Flow Statement :
Ashok Ltd.
Balance Sheet as at 31st March, 2019

Note 31.3.2019 31.3.2018
Particulars
No. < <
I – Equity and Liabilities :

1. Shareholders Funds :
(a) Share Capital 19,00,000 11,00,000
(b) Reserves and Surplus 1 1,60,000 2,00,000
2. Non-Current Liabilities :
Long-term Borrowings 2 1,00,000 4,00,000
3. Current Liabilities :
(a) Short-Term Borrowings 3 2,50,000 2,30,000
(b) Short-Term Provisions 4 1,90,000 2,70,000
Total 26,00,000 22,00,000
II – Assets :

1. Non-Current Assets :
Fixed Assets :
(i) Tangible Assets 5 15,00,000 11,00,000
(ii) Intangible Assets 6 2,80,000 1,70,000
2. Current Assets :
(a) Current Investments 1,30,000 2,90,000
(b) Trade Receivables 3,90,000 4,10,000
(c) Cash and Cash Equivalents 3,00,000 2,30,000
Total 26,00,000 22,00,000

.67/3/2 33 P.T.O.

ImVm| Ho$ ZmoQ²>g :

ZmoQ> 31.3.2019 31.3.2018
{ddaU
g§. < <

1. g§M` Ed§ Am{YŠ` :
Am{YŠ` (bm^-hm{Z {ddaU H$m eof) 1,60,000 2,00,000

2. XrK©H$mbrZ CYma :
8% G$UnÌ 1,00,000 4,00,000

3. AënH$mbrZ CYma :
~¢H$ A{Y{dH$f© 2,50,000 2,30,000

4. AënH$mbrZ àmdYmZ :
H$a àmdYmZ 1,90,000 2,70,000

5. _yV© n[agån{Îm`m± :
g§`§Ì VWm _erZar 16,30,000 11,70,000

EH${ÌV (g§{MV) _yë`õmg (1,30,000) (70,000)

15,00,000 11,00,000

6. A_yV© n[agån{Îm`m± :
»`m{V 2,80,000 1,70,000

A{V[aº$ gyMZm :

(i) < 60,000 nwñVH$ _yë` H$s EH$ _erZar ({Og na < 20,000 _yë`õmg bJm`m
J`m Wm) H$mo < 6,000 H$s hm{Z na ~oMm J`m &

(ii) 8% G$UnÌm| H$m emoYZ 1 OwbmB©, 2018 H$mo {H$`m J`m & 6

.67/3/2 34

Notes to Accounts :

Note 31.3.2019 31.3.2018
Particulars
No. < <

1. Reserves and Surplus :
Surplus (Balance in the
Statement of Profit and Loss) 1,60,000 2,00,000
2. Long-term Borrowings :
8% Debentures 1,00,000 4,00,000
3. Short-term Borrowings :
Bank overdraft 2,50,000 2,30,000
4. Short-term Provisions :
Provision for Tax 1,90,000 2,70,000
5. Tangible Assets :
Plant and Machinery 16,30,000 11,70,000
Accumulated Depreciation (1,30,000) (70,000)

15,00,000 11,00,000

6. Intangible Assets :
Goodwill 2,80,000 1,70,000

Additional information :

(i) A machinery of the book value of < 60,000, (depreciation provided
thereon < 20,000) was sold at a loss of < 6,000.

(ii) 8% Debentures were redeemed on 1st July, 2018. 6

.67/3/2 35 P.T.O.

^mJ I
{dH$ën 2
(A{^H${bÌ boIm§H$Z)
23. {ZåZ _§o go H$m¡Z-gr A{^H${bÌ boIm§H$Z àUmbr H$s gr_m Zht h¡o ? 1
(A) {~Obr H$s ny{V© _| ~mYm Ho$ H$maU S>oQ>m H$m Imo OmZm `m ˜am~ hmo OmZm &
(B) S>oQ>m _| h¡qH$J H$s àd¥{Îm H$m hmoZm &
(C) S>oQ>m H$s CnbãYVm g~Ho$ {bE Z hmoZm &
(D) {~Zm àmoJ«mq_J H$s A{Z{X©îQ> (un-specified) [anmoQ²>©g CËnÞ Zhr§ H$s Om gH$Vr &
24. EH$ àH$moð> (gob) g§X^© {Og_| n§{º$ AWdm H$m°b_ H$mo pñWa aI H$a O~ H$moB© gyÌ AWdm
\§$ŠeZ {H$gr AÝ` ñWmZ (location) na Xmoham`m OmVm h¡, Vmo Cgo H$hVo h¢ : 1
(A) Eãgmoë`yQ> àH$moð> g§X^©
(B) {dñVma
(C) gmnoj àH$moð> g§X^©
(D) {_{lV àH$moð> g§X^©
25. A{^H${bÌ boIm§H$Z àUmbr _| (i) ___________ H$mo BZnwQ> _mZm OmVm h¡ {Ogo [anmoQ>©
~ZmZo Ho$ {bE (ii) ___________ Ho$ _mÜ`_ go àH«${_V {H$`m OmVm h¡ & 1

26. EH$ Eogm H$moS> {Og_| Aja `m g§{já Zm_, H$m à`moJ EH$ gyMZm Ho$ ^mJ H$mo gm§Ho${VH$
eãXm| _| {M{•V H$aZo Ho$ {bE {H$`m OmVm h¡ ___________ H$moS> H$hbmVm h¡ & 1
27. ImVm| Ho$ g_yhrH$aU Ho$ {bE S>oQ>m H$mo {H$Z _w»` ^mJm| _| dJuH¥$V {H$`m OmVm h¡ : 1

(A) n[agån{Îm`m±, Xo`VmE± d ny±Or
(B) n[agån{Îm`m±, ñdm_r g_Vm, AmJ_ d IM}
(C) n[agån{Îm`m±, ny±Or, Xo`VmE±, AmJ_ d IM}
(D) ny±Or, AmJ_ d IM}
28. EŠgob _| A1 : E2 H$m AW© h¡ : 1
(A) EŠgob erQ> Ho$ H$m°b_
(B) EŠgob erQ H$s n§{º$`m±
(C) EŠgob erQ Ho$ Ama§{^H$ d A§{V_ {~ÝXþAm| Ho$ ~rM H$m°b_
(D) EŠgob erQ na A go E VH$ Ho$ Aja

.67/3/2 36

PART B
OPTION 2
(Computerised Accounting)

23. Which of the following is not a limitation of Computerised Accounting
system ? 1
(A) Data may be lost or corrupted due to power interruptions.
(B) Data is prone to hacking.
(C) Data is not made available to everybody.
(D) Unprogrammed and un-specified reports cannot be generated.

24. A cell reference that holds either row or column constant when the
formula or function is copied to another location is known as : 1
(A) Absolute cell reference
(B) Ranges
(C) Relative cell reference
(D) Mixed cell reference

25. Computerised Accounting system takes (i) ___________ as inputs which
are processed through (ii) ___________ to generate reports. 1

26. A code which consists of alphabet or abreviation as symbol to codify a
piece of information is known as ___________ . 1

27. The data is classified for creating groups of accounts in the heads of : 1
(A) Assets, Liabilities and Capital
(B) Assets, Owners’ equity, Revenue and Expenses
(C) Assets, Capital, Liabilities, Revenue and Expenses
(D) Capital, Revenue and Expenses

28. A1 : E2 in Excel refers to : 1
(A) Column on Excel sheet
(B) Row on Excel sheet
(C) Column between start and end points of Excel sheet
(D) Alphabets between A to E on Excel sheet.

.67/3/2 37 P.T.O.

29. EŠgog S>oQ>m AmYma (S>oQ>m~og) go EH$ CÎm_ ñdê${nV N>nmB©-`mo½` S>oQ>m àmá H$aZo Ho$ {bE h_
à`moJ H$aVo h¢ : 1
(A) Vm{bH$m
(B) Šd¡ar
(C) \$m°_©
(D) à{VdoXZ
30. ‘Zb d¡ë`yµO’ VWm ‘H$m°ånb¡Šg EQ´>rã`yQ²>g’ H$mo g_PmBE & 3
AWdm
Q>¡br gm°âQ>do`a _| à{d{îQ> H$aZo Ho$ {bE à`moJ {H$E OmZo dmbo {H$Ýht Xmo àH$ma Ho$ à_mUH$m|
(dmCMg©) H$s CXmhaUm| H$s ghm`Vm go ì`m»`m H$s{OE & 3

31. boIm§H$Z gyMZm àUmbr H$s {H$Ýht Xmo Cn-àUm{b`m| H$mo g_PmBE & 4
AWdm
J«mµ\$ H$m Š`m AW© h¡ ? BgHo$ {H$Ýht VrZ bm^m| H$mo g_PmBE & 4

32. Eg.Eg. Egmo{gEQ²>g Ho$ H$m`m©b` MoÞB© d bw{Y`mZm _| pñWV h¢ & MoÞB© Ho$ {bE _H$mZ
{H$am`m ^Îmm (HRA) < 15,000 h¡ Am¡a bw{Y`mZm Ho$ {bE `h < 10,000 h¡ & _h±JmB©
^Îmo (DA) H$s JUZm _yb doVZ (BP) Ho$ AmYma na H$s OmVr h¡ & `{X _yb doVZ
 < 16,000 h¡, Vmo$10% Am¡a `{X _yb doVZ  < 17,000 h¡, Vmo 8% & _mZH$ {Xdg
30 {XZ à{V _hrZm _mZo OmVo h¢ &
\$m_y©bm ~VmVo hþE {ZåZ H$_©Mm[a`m| Ho$ {bE gH$b doVZ H$s JUZm EŠgob Ho$ gyÌm| Ho$
AZwgma H$s{OE :
(i) a_m MoÞB© H$m`m©b` _| H$m`©aV h¡ & CgH$m _yb doVZ < 27,000 h¡ & CgZo {~Zm doVZ
Ho$ {H$gr àH$ma H$m AdH$me Zht {b`m h¡ &
(ii) n§H$O Eg.Eg. Egmo{gEQ²>g Ho$ bw{Y`mZm H$m`m©b` _| H$m`©aV h¡ & CgH$m _yb doVZ
< 15,000 h¡ & CgZo Xmo {XZ {~Zm doVZ H$m AdH$me {b`m h¡ & 6

.67/3/2 38

29. To expect a well formatted printable data from Access database, we use : 1
(A) Table
(B) Query
(C) Form
(D) Report

30. Explain ‘Null Values’ and ‘Complex Attributes’. 3
OR
Explain any two types of vouchers used for entry in Tally software with
the help of examples. 3

31. Explain any two subsystems of accounting information system. 4
OR
What is meant by a graph ? Explain any three of its advantages. 4

32. S.S. Associates have their offices in Chennai and Ludhiana. HRA for
Chennai is < 15,000 and Ludhiana is < 10,000. D.A. is calculated on
Basic Pay (BP) as 10% for BP  < 16,000 and 8% for BP  < 17,000.
Standard number of days are taken as 30 days per month.
Give the formulae and calculate the amount of Gross Salary using Excel
for the following employees :
(i) Rama is working in Chennai office. Her Basic Pay is < 27,000. She
did not avail any leave without pay.
(ii) Pankaj is working in Ludhiana office of S.S. Associates. His Basic
Pay is < 15,000. He has taken leave of two days without pay. 6

.67/3/2 39 P.T.O.