NIOS Class 12 Question Paper Apr 2019 - Accountancy

This Question Paper consists of 32 [Section-A(22) + Section-B(5+5)] questions and 20 printed pages.
Bg àíZ-nÌ _| 32 àíZ [IÊS> "A' (22) + IÊS> "~' (5+5)] VWm 20 ‘w{ÐV n¥ð> h¢&

Sl. No.
Roll No. Code No. 58/OSS/1
AZw H « $ _m§ H $ H$mo S > Z§ .
ACCOUNTANCY
Set / go Q > A
boIm§H$Z
(Principles and Practice of Financial Accounting)
({dÎmr¶ boIm§H$Z Ho$ {gÕmÝV Ed§ ì¶dhma)
Day and Date of Examination : (320)
(narjm H$m {XZ d {XZm§ H $)
Signature of Invigilators : 1.
({ZarjH$m| Ho $ hñVmja)
2.
General Instructions :
1. Candidate must write his/her Roll Number on the first page of the Question Paper.
2. Please check the Question Paper to verify that the total pages and total number of questions contained in
the Question Paper are the same as those printed on the top of the first page. Also check to see that the
questions are in sequential order.
3. Making any identification mark in the Answer-Book or writing Roll Number anywhere other than the
specified places will lead to disqualification of the candidate.
4. Write your Question Paper Code No. 58/ OSS /1, Set - A on the Answer-Book.
5. (a) The Question Paper is in English/Hindi medium only. However, if you wish, you can answer in any
one of the languages listed below :
English, Hindi, Urdu, Punjabi, Bengali, Tamil, Malayalam, Kannada, Telugu, Marathi, Oriya, Gujarati,
Konkani, Manipuri, Assamese, Nepali, Kashmiri, Sanskrit and Sindhi.
You are required to indicate the language you have chosen to answer in the box provided in the
Answer-Book.
(b) If you choose to write the answer in the language other than Hindi and English, the responsibility
for any errors/mistakes in understanding the questions will be yours only.

gm_mÝ` AZwXoe :
1. narjmWu àíZ-nÌ Ho$ nhbo n¥ð> na AnZm AZwH«$‘m§H$ Adí¶ {bI|&
2. H¥$n¶m àíZ-nÌ H$mo Om±M b| {H$ àíZ-nÌ Ho$ Hw$b n¥ð>m| VWm àíZm| H$s CVZr hr g§»¶m h¡ {OVZr àW‘ n¥ð> Ho$ g~go D$na N>nr h¡& Bg ~mV
H$s Om±M ^r H$a b| {H$ àíZ H«${‘H$ ê$n ‘| h¢&
3. CÎma-nwpñVH$m ‘| nhMmZ-{M• ~ZmZo AWdm {Z{X©ï> ñWmZm| Ho$ A{V[aº$ H$ht ^r AZwH«$‘m§H$ {bIZo na narjmWu H$mo A¶mo½¶ R>ham¶m Om¶oJm&
4. AnZr CÎma-nwpñVH$m na àíZ-nÌ H$r H$moS> Z§. 58 / OSS /1, goQ>-A {bI|&
5. (H$) àíZ-nÌ Ho$db qhXr/A§J«oOr ‘mܶ‘ ‘| h¡& {’$a ^r, ¶{X Amn Mmh| Vmo ZrMo Xr JB© {H$gr EH$ ^mfm ‘| CÎma Xo gH$Vo h¢ :A§J«oOr,
qhXr, CXÿ©, n§Om~r, ~§Jbm, V{‘b, ‘b¶mb‘, H$ÝZ‹S>, VobwJy, ‘amR>r, C{‹S>¶m, JwOamVr,H$m|H$Ur, ‘{Unwar, Ag{‘¶m, Zonmbr,
H$í‘rar, g§ñH¥$V Am¡a qgYr&
H¥$n¶m CÎma-nwpñVH$m ‘| {XE JE ~m°³g ‘| {bI| {H$ Amn {H$g ^mfm ‘| CÎma {bI aho h¢&
(I) ¶{X Amn qhXr Ed§ A§J«oOr Ho$ A{V[a³V {H$gr Aݶ ^mfm ‘| CÎma {bIVo h¢, Vmo àíZmo H$mo g‘PZo ‘| hmoZo dmbr Ìw{Q>¶m|/Jb{V¶m| H$s
{Oå‘oXmar Ho$db AmnH$s hmoJr&

58/OSS/1/320-A] G-234 1
 [ Contd......

ACCOUNTANCY
boIm§H$Z
(Principles and Practice of Financial Accounting)
({dÎmr¶ boIm§H$Z Ho$ {gÕmÝV Ed§ ì¶dhma)
(320)
Time : 3 Hours] [Maximum Marks : 100
g_` : 3 KÊQ>o] [nyUmªH$ : 100
Note : (i) This Question Paper has two Sections- Section 'A' and Section 'B'.
(ii) Attempt all questions of Section 'A'. Section 'B' has two options. Candidates are required to attempt
questions from one option only.
(iii) Each question from Question Nos. 1 to 9 has four alternatives - (A), (B), (C) and (D) out of which one
is most appropriate. Choose the correct answer among the four alternatives and write it in your
Answer-Book against the Number of the question. No extra time is allotted for attempting multiple
choice questions.

{ZX}e :(i) Bg àíZ-nÌ ‘| Xmo IÊS> h¢- IÊS> "A' Ed§ IÊS> "~'&
(ii) IÊS> "A' Ho$ g^r àíZm| H$mo hb H$aZm h¢& IÊS> "~' ‘| Xmo {dH$ën h¢& narjm{W©¶m| H$mo Ho$db EH$ {dH$ën Ho$ hr àíZm| Ho$ CÎma
XoZo h¢&
(iii) àíZ g§»¶m 1 to 9 VH$ Ho$ à˶oH$ àíZ ‘| Mma {dH$ën - (A), (B), (C) VWm (D) h¢, {OZ‘| go EH$ g~go gdm©{YH$ Cn¶w³V h¢& Mmam|
{dH$ënm| ‘| go ghr CÎma MwZ| VWm AnZr CÎma-nwpñVH$m ‘| àíZ g§»¶m Ho$ gm‘Zo CÎma {bI|& ~hþ{dH$ënr àíZm| Ho$ {b¶o A{V[a³V g‘¶
Zht {X¶m Om¶oJm&

SECTION - A

IÊS> - A

1. Motor Vehicle is an example of : [1]
(A) Current Assets (B) Fixed Assets
(C) Liquid Assets (D) Wasting Assets
‘moQ>a dmhZ CXmhaU h¡ :
(A) Mmby gån{Îm¶m| H$m (B) ñWmB© gån{Îm¶m| H$m
(C) Vab gån{Îm¶m| H$m (D) j¶r gån{Îm¶m| H$m

2. Specific reserve is created : [1]
(A) To meet future contingencies
(B) For a specific purpose
(C) To write off capital losses
(D) For the future redemption of the long term debts
58/OSS/1/320-A] G-234 2
 [ Contd......

{d{eîQ> g§M¶ H$m g¥OZ {H$¶m OmVm h¡ :
(A) ^{dî¶ H$s AmH$pñ‘H$VmAm| H$m gm‘Zm H$aZo Ho$ {bE
(B) {d{eîQ> CÔoí¶ Ho$ {bE
(C) ny±OrJV hm{Z¶m| H$mo An{b{IV H$aZo Ho$ {bE
(D) ^{dî¶ ‘| XrK© Ad{Y F$Um| Ho$ emoYZ Ho$ {bE

3. Out of the following on which assets depreciation will be charged? [1]
(A) Debtors (B) Machinery
(C) Investment (D) Stock
{ZåZ ‘| go {H$g gån{Îm na ömg bJm¶m OmEJm?
(A) XoZXma (B) ‘erZar
(C) {d{Z¶moJo (D) ñQ>m°H$

4. In the absence of partnership deed, a partner who has advanced loan to the firm
will get interest [1]
(A) At the rate of 6% p.a.
(B) At the rate agreed upon between the partners.
(C) At market rate which is 18% p.a.
(D) Will not get any interest.
gmPoXmar g§boI Z hmoZo H$s pñW{V ‘|, gmPoXma, {OgZo ’$‘© H$mo A{J«‘ F$U {X¶m h¡, H$mo ã¶mO {‘boJm
(A) 6% dm{f©H$ Xa go (B) gmPoXmam| Ho$ ~rM V¶ Xa go
(C) ~mOma Xa go Omo 18% dm{f©H$ h¡ (D) H$moB© ã¶mO Zht {‘boJm

5. The amount of goodwill brought in by incoming partner or his/her admission will
be shared between old partners in : [1]
(A) Capital Ratio (B) Profit Sharing Ratio
(C) Sacrificing Ratio (D) Equal Ratio
EH$ gmPoXma Ho$ ’$‘© ‘| àdoe na CgHo$ Ûmam bmB© JB© »¶m{V H$s amer nwamZo gmPoXmam| ‘| {ZåZ AZwnmV ‘| ~m±Q>r
OmEJr :
(A) n±yOr AZwnmV (B) bm^ Amd§Q>Z AZwnmV
(C) ˶mJ AZwnmV (D) g‘mZ AZwnmV
58/OSS/1/320-A] G-234 3
 [ Contd......

6. In the following case, a court may order a partnership to be dissolved [1]
(A) When the business becomes un lawful
(B) When all partners excepting one die
(C) When any one of the partner gives a notice in writing to the other partners
(D) When a partner becomes of unsound mind
{ZåZ pñW{V ‘| ݶm¶mb¶ gmPoXmar Ho$ g‘mnZ H$m AmXoe Xo gH$Vm h¡
(A) O~ ì¶dgm¶ J¡a H$mZyZr hmo
(B) O~ EH$ H$mo N>mo‹S>H$a Aݶ g^r gmPoXmam| H$s ‘¥Ë¶w hmo OmE
(C) O~ H$moB© gmPoXma Aݶ gmPoXmam| H$mo {b{IV ‘| Zmo{Q>g Xo
(D) O~ H$moB© gmPoXma ‘mZ{gH$ g§VwbZ Imo ~¡R>m hmo

7. When capital of partners is fixed, share of general reserve will be shown [1]
(A) On the credit side of partners Capital Account
(B) On the debit side of partners Current Account
(C) On the debit side of partners Capital Account
(D) On the credit side of partners Current Account
¶{X gmPoXmam| Ho$ pñWa ny±Or ImVo h¢ Vmo gm‘mݶ g§M¶ H$mo Xem©¶m OmEJm
(A) gmPoXmam| Ho$ ny±Or ImVo Ho$ O‘m nj ‘|
(B) gmPoXmam| Ho$ Mmby ImVo Ho$ Zm‘ nj ‘|
(C) gmPoXmam| Ho$ ny±Or ImVo Ho$ Zm‘ nj ‘|
(D) gmPoXmam| Ho$ Mmby ImVo Ho$ O‘m nj ‘|

8. X and Y are partners sharing profits in the ratio of 4 : 3. Z is admitted as a new
2
partner for th share which he acquires equally from X and Y. The new profit
7
sharing ratio will be : [1]
(A) 1 : 1 : 1 (B) 4 : 3 : 2
(C) 5 : 4 : 2 (D) 3 : 2 : 2
2
X Am¡a Y gmPoXma h¢ Am¡a bm^ H$m Amd§Q>Z 4 : 3 Ho$ AZwnmV ‘| H$aVo h¢& Z H$mo ^mJ Ho$ {bE ’$‘© ‘| ³¶m
7
gmPoXma ~Zm¶m J¶m h¡ {Ogo CgZo dh X Am¡a Y go ~am~a ~am~a A{Y J¥{hV {H$¶m h¡& Z¶m bm^ hm{Z AZwnmV hmoJm :
(A) 1 : 1 : 1 (B) 4 : 3 : 2
(C) 5 : 4 : 2 (D) 3 : 2 : 2

58/OSS/1/320-A] G-234 4
 [ Contd......

9. The minimum number of members in a public limited company is : [1]
(A) 2 (B) 7
(C) 10 (D) 20
gmd©O{ZH$ H§$nZr ‘| gXñ¶m| H$s ݶyZV‘ g§»¶m hmoVr h¡ …
(A) 2 (B) 7
(C) 10 (D) 20

10. Give the meaning of fixed assets. Give two examples of fixed assets. [3]
ñWmB© n[agån{Îm¶m| H$m AW© Xr{OE& ñWmB© n[agån{Îm¶m| Ho$ H$moB© Xmo CXmhaU Xr{OE&

11. The profits for the last four years of a firm were as follows : [3]
`
2015-16 60,000
2016-17 40,000
2017-18 (20,000) (Loss)
2018-19 40,000
Calculate goodwill of the firm on the basis of Two years purchase of four years
average profit.
EH$ ’$‘© Ho$ {nN>bo Mma df© Ho$ bm^ {ZåZ Wo :
`
2015-16 60,000
2016-17 40,000
2017-18 (20,000) (hm{Z)
2018-19 40,000
Mma df© Ho$ Am¡gV bm^ Ho$ Xmo df© H«$¶ Ho$ AmYma na ’$‘© H$s »¶m{V H$s JUZm H$s{OE&

12. N.M. Ltd. forfeited 800 shares of ` 50 each issued at a premium of ` 10 each (to be
received at the time of allotment) on which final call of ` 20 per share was not
received. These shares were reissued at ` 40 per share fully paid. Pass Journal
entries on reissue of Shares. [3]
EZ.E‘ {b{‘Q>oS> Zo ` 50 à{V Ho$ 800 A§em| H$mo OãV H$a {b¶m {OZH$m {ZJ©‘Z ` 10 à{V A§e àr{‘¶‘ {Ogo
Amd§Q>Z Ho$ g‘¶ àmßV {H$¶m OmZm Wm& BZ A§em| na ` 20 à{V A§e ApÝV‘ ‘| ¶mMZm am{e àmßV Zht hþB©& BZH$mo
` 40 à{V A§e nyU© àXÎm nwZ… {ZJ©{‘V H$a {X¶m J¶m BZ A§em| Ho$ nwZ… {ZJ©‘Z H$s amoOZm‘Mm à{d{îQ>¶m±
H$s{OE&

13. Give the meaning of 'depreciation'. Explain in brief the causes of depreciation. [5]
"ömg H$m AW© ~VmBE& ömg Ho$ H$maUm| H$mo g§jon ‘| g‘PmBE&

58/OSS/1/320-A] G-234 5
 [ Contd......

14. P, Q and R are partners in a firm. P dies. P's legal representatives are not clear
about the amounts that they can claim apart from the credit balance of P's Capital
Account. Explain them by giving any five items for which they are entitled to. [5]
nr. ³¶y. Am¡a Ama EH$ ’$‘© ‘| gmPoXma h¢& nr. H$s ‘¥Ë¶w hmo JB©& nr. Ho$ H$mZyZr à{V{Z{Y H$mo ¶h ñnîQ> Zht h¡ {H$
nr. Ho$ ny±Or ImVo Ho$ O‘m eof Ho$ A{V[a³V Aݶ H$m¡Zgr Xÿgar am{e H$m dh Xmdm H$a gH$Vo h¢& H$moB© nm±M ‘Xm|
Ho$ Zm‘ XoH$a CÝh| g‘PmBE {H$ dh {H$gHo$ A{YH$mar h¢&

15. Apoorva and Vaishnavi are partners in a firm. On 1st April, 2018 their capitals were
Rs. 60,000 and ` 40,000 respectively. The profit for the year ended 31st March,
2019 was ` 45,000. Prepare Profit & Loss Appropriation Account for the year
ending 31st March 2019 showing the distribution of Profit if : [5]
i) They will share profits in the ratio of 3 : 2.
ii) Interest will be allowed on capitals @ 10% p.a.
iii) Interest on drawings will be charged @ 6% p.a. for full year.
iv) Apoorva will get a salary @ ` 1,000 per month.
v) Apoorva and Vaishnavi's drawings during the year amounted to ` 10,000 and
` 8,000 respectively during the year.

Anydm© Am¡a d¡íZdr EH$ ’$‘© H$s gmPoXma h¢& 1 Aà¡b 2018 H$mo CZH$s ny±Or H«$‘e ` 60,000 Am¡a
` 40,000 Wr& 31 ‘mM© 2019 H$mo g‘mßV df© H$m bm^ ` 45,000 Wm& bm^ Ho$ Amd§Q>Z H$mo Xem©Vo hþE
31 ‘mM© 2019 H$mo g‘mßV df© Ho$ {bE bm^-hm{Z {d{Z¶moOZ ImVm V¡¶ma H$s{OE ¶{X :
i) do bm^ H$m ~±Q>dmam 3 : 2 Ho$ AZwnmV H$a|Jo&
ii) n±yOr na 10% dm{f©H$ Xa go ã¶mO {X¶m OmEJm&
iii) AmhaU na 6% dm{f©H$ Xa go nyao df© Ho$ {bE ã¶mO {b¶m OmEJm&
iv) Anydm© H$mo ` 1,000 à{V ‘mh doVZ {X¶m OmEJm&
v) df© ‘| Anydm© Am¡a d¡íZdr Zo H«$‘e ` 10,000 Am¡a ` 8,000 H$m AmhaU {H$¶m&

16. What is meant by Shares Issued at Premium? State the purposes for which Premium
amount can be utilised? [5]
A§em| Ho$ àr{‘¶‘ na {ZJ©‘Z go ³¶m A{^àm¶ h¡? CZ CÔoí¶m| H$m dU©Z H$s{OE {OZ Ho$ {bE àr{‘¶‘ am{e H$m
Cn¶moJ {H$¶m Om gH$Vm h¡&

58/OSS/1/320-A] G-234 6
 [ Contd......

17. What is meant by over subscription of shares? What Journal entries are passed in
the books of the company for treatment of the oversubscribed amount in the
following cases? [5]
a) When excess applications are rejected and money is returned?
b) When excess application money is adjusted towards sum due on allotment?
A§em| Ho$ Am{Y-A{^XmZ go ³¶m A{^àm¶ h¡? {ZåZ n[apñW{V¶m| ‘| A{Y-A{^XmZ H$s am{e Ho$ A{^ boIZ Ho$
{bE ³¶m amoOZm‘Mm à{d{îQ> H$s OmEJr?
a) O~ A{V[a³V AmdoXZm| H$m| AñdrH$ma {H$¶m OmE Am¡a am{e bm¡Q>m Xr OmE&
b) O~ A{V[a³V AmdoXZ am{e Amd§Q>Z na Xo¶ am{e ‘| g‘m¶mo{OV H$a Xr JB© hmo&

18. A company issued 9,000 12% debentures of ` 100 each at a discount of 10%.
Debentures are to be redeemed in five equal annual instalments. Calculate the amount
of discount on issue of debentures to be written off each year. Prepare Discount
on Issue of Debentures A/c for 1st two years. [5]
EH$ H§$nZr Zo ` 100 à{V Ho$ 9,000 12% F$UnÌ 10% ~Å>o na {ZJ{‘©V {H$E {OZH$m emoYZ nm±M g‘mZ
dm{f©H$ {H$íVm| ‘| {H$¶m OmZm Wm& à{V df© An{b{IV H$s OmZo dmbr "F$U nÌm| Ho$ {ZJ©‘Z na ~Å>m am{e' H$s
JUZm H$s{OE& àW‘ Xmo dfm] H$m F$U nÌm| Ho$ {ZJ©‘Z na ~Å>m ImVm ~ZmBE&

19. From the following information of a trader prepare Total Creditors Account and
find out the total purchases for the year ending 31st March, 2019. [6]
`
Creditors on (01.04.2018) 25,000
Creditors on (31.03.2019) 38,000
Bills Payable on (01.04.2018) 24,000
Bills Payable on (31.03.2019) 30,000
Cash paid to creditors during the year 85,000
Bills payable discharged during the year 62,000
Purchases returns 2,000
Cash Purchases during the year were 1,20,000

58/OSS/1/320-A] G-234 7
 [ Contd......

EH$ ì¶mnmar Ho$ gå~ÝY ‘| ZrMo Xr JB© gyMZm go "Hw$b boZXma ImVm' ~ZmBE VWm 31 ‘mM© 2019 H$mo g‘mßV
df© Ho$ {bE Hw$b H«$¶ am{e kmV H$s{OE&
`
boZXma (01.04.2018) H$mo 25,000
boZXma (31.03.2019) H$mo 38,000
Xo¶ {dnÌ (01.04.2018) H$mo 24,000
Xo¶ {dnÌ (31.03.2019) H$mo 30,000
df© Ho$ Xm¡amZ boZXmam| H$mo ^wJVmZ 85,000
df© Ho$ Xm¡amZ Xo¶ {dnÌm| Wm ^wJVmZ 62,000
H«$¶ dm{ngr 2,000
df© Ho$ Xm¡amZ ZH$X H«$¶ 1,20,000

20. Maya Entertainments Ltd. offered to public for subscription 5,000 shares of
` 100 each at par. The amount was payable as follows : [6]
`
On application 30 per share
On allotment 40 per share
On First and Final call 30 per share
Applications were received for 4,000 shares. Shares were allotted to all the share
holders. All calls were made and money was duly received except on 600 shares
held by Ammuji, on which call money was not received. All these shares were
forfeited.
Pass necessary journal entries in the books of the company for the above transactions.
‘m¶m EÝQ>aQ>oZ‘¢Q²>g {b{‘Q>oS> Zo ` 100 à{V Ho$ 5,000 A§e A{^XmZ hoVw g‘ ‘yë¶ na OZVm H$mo àñVm{dV {H$E&
am{e H$m ^wJVmZ {ZåZ àH$ma go {H$¶m OmZm Wm :
`
AmdoXZ na 30 à{V A§e
Amd§Q>Z na 40 à{V A§e
àW‘ Ed§ ApÝV‘ ¶mMZm na 30 à{V A§e
4,000 A§em| Ho$ {bE AmdoXZ àmßV hþE& g^r A§eYmaH$m| H$m A§em| H$m Amd§Q>Z H$a {X¶m J¶m& g^r ¶mMZm
am{e ‘m§J br JB© VWm am{e ¶WmdV àmßV hmo JB©& Ho$db Aå‘yOr Ho$ 600 A§em| H$mo N>mo‹S>H$a {~Z ¶mMZm am{e
àmßV Zht hþB©& BZ g^r A§em| H$mo OãV H$a {b¶m J¶m&
Cnamo³V boZ XoZm| Ho$ {bE H§$nZr H$s boIm nwñVH$m| ‘| Amdí¶H$ amoOZm‘Mm à{d{îQ>¶m± H$s{OE&

58/OSS/1/320-A] G-234 8
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21. From the following Trial Balance of Maya Online Trading Co. as on 31st March,
2019, prepare Trading and Profit & Loss A/c for the year ending 31st March, 2019
and Balance Sheet as on that date : [10]
Trial Balance as on 31st March, 2019
Dr. Cr.
Name of Accounts Balance Balance
` `
Stock (01.04.2018) 45,000
Purchases 80,000
Sales 1,76,000
Carriage Inward 6,000
Salary 16,000
Wages 8,000
Coal, Gas & Coke 8,000
Office expenses 5,000
Insurance 6,000
Bad debts 3,000
Debtors 45,000
Creditors 42,000
Commission received 2,000
Capital 1,00,000
Plant & Machinery 60,000
Office computers 50,000
Cash at Bank 28,000
Bank Loan 40,000
3,60,000 3,60,000
Adjustments :
a) On 31st March, 2019 the value of stock was ` 48,000.
b) Prepaid Insurance was ` 1,500.
c) Make a provision of 5% on debtors for bad and doubtful debts.
d) Bank Loan was taken on 1st July, 2018 @ 12% p.a.
e) Depreciate plant & machinery @ 10%.
f) Commission Accrued ` 1,000.
58/OSS/1/320-A] G-234 9
 [ Contd......

‘m¶m Am°ZbmBZ Q´>oqS>J H$ånZr Ho$ 31 ‘mM© 2019 H$mo {XE J¶o {ZåZ Vb nQ> go 31 ‘mM© 2019 H$mo g‘mßV df©
Ho$ {bE ì¶mnma Ed§ bm^-hm{Z ImVm ~ZmBE VWm Bgr {V{W H$mo pñW{V {ddaU ^r ~ZmBE&
31 ‘mM© 2019 H$m Vb nQ>
Zm‘ O‘m
ImVm| H$m Zm‘ eof eof
` `
ñQ>m°H$ (01.04.2018) 45,000
H«$¶ 80,000
{dH«$¶ 1,76,000
^mS>m AmJ‘ 6,000
doVZ 16,000
‘µOXÿar 8,000
H$mo¶bm, J¡g Ed§ H$moH$ 8,000
H$m¶m©b¶ 춶 5,000
~r‘m 6,000
Aàm߶ F$U 3,000
XoZ Xma 45,000
boZ Xma 42,000
H$‘reZ àmßV hþAm 2,000
nw±Or 1,00,000
g§¶§Ì Ed§ ‘erZar 60,000
H$m¶m©b¶ H$å߶yQ>a 50,000
~¢H$ ‘| amoH$‹S> 28,000
~¢H$ F$U 40,000
3,60,000 3,60,000
g‘m¶moOZ …
a) 31 ‘mM© 2019 H$mo ñQ>m°H$ ` 48,000 ‘yë¶ H$m Wm
b) nyd© XÎm ~r‘m ` 1,500 Wm
c) XoZXmam| na 5% go Aàm߶ Ed§ g§{X½Y F$Um| Ho$ {bE àmdYmZ H$aZm h¡
d) ~¢H$ F$U 1 OwbmB© 2018 H$mo 12% dm{f©H$ Xa na {b¶m J¶m&
e) g§¶§Ì Ed§ ‘erZar na 10% H$s Xa go ömg bJmZm h¡
f) A{O©V H$‘reZ ` 1,000 h¡
OR/AWdm

58/OSS/1/320-A] G-234 10
 [ Contd......

From the following Receipts and Payments Account of Rural India Club (Regd.)
prepare Income and Expenditure Account for the year ending 31st March, 2019
and a Balance Sheet as on that date.
Rural India Club
Receipts and Payments Account
for the year ended 31st March, 2019
Receipts Amount Payments Amount
` `

To Balance b/d 5,000 By Rent 3,000
To Subscription 60,000 By Salaries 5,000
(including ` 10,000 By Sports Equipment 15,000
for 2020) By Furniture 12,000
To Interest 5,000 By Honorarium 10,000
To Donations 58,000 By 10% Investment 1,00,000
To Sale of old furniture 1,000 By Balance c/d 16,000
(Book value ` 2,000)
To Sale of grass 2,000
To Charity show proceeds 30,000
1,61,000 1,61,000
Additional information :
On 31st March, 2018 Club owned Land and Building valued ` 40,000 and furniture
valued ` 10,000. There were 100 life members on that date, each of whom had paid
subscription of ` 100.
Subscription due on 31st March, 2018 and on 31st March, 2019 were ` 2,500 and
` 2,000 respectively.
ê$ab B§{S>¶m ’w$Q>~mb ³b~(n§OrH¥$V) Ho$ {ZåZ àm{á Ed§ ^wJVmZ ImVo go 31 ‘mM©, 2019 H$mo g‘má df© Ho$
{bE Am¶-춶 ImVm ~ZmBE VWm Bgr {V{W H$mo BgH$m pñW{V ^r ~ZmBE&
ê$ab B§{S>¶m ’w$Q>~mb ³b~(n§Or.)
àm{á Ed§ ^wJVmZ ImVm
31 ‘mM©, 2019 H$mo g‘má hmoZo dmbo df© Ho$ {bE

58/OSS/1/320-A] G-234 11
 [ Contd......

àm{á¶m± am{e ^wJVmZ am{e
` `
eof Am. bm. 5,000 {H$am¶m 3,000
M§Xm… doVZ 5,000
(`10,000 df© 2020 Ho$ gpå‘{bV) 60,000 Iob-Hy$X H$m gm‘mZ 15,000
ã¶mO 5,000 ’$ZuMa 12,000
XmZ 58,000 ‘mZXo¶ 10,000
nwamZo ’$ZuMa H$m {dH«$¶ 1,000 10 % {d{Z¶moJ 1,00,000
(nwñVH$ H$m ‘yë¶ ê$. 2,000) eof Am. bo. 16,000
Kmg H$s {~H«$s 2,000
XmZ emo go àm{ßV 30,000
1,61,000 1,61,000
A{V[aº$ gyMZm…
31 ‘mM© 2018 H$mo ³b~ Ho$ nmg ` 40,000 H$m ^y{‘ Ed§ ^dZ VWm ` 10,000 H$m ’$ZuMa Wm& ¶hm± Bg
{V{W H$mo 100 AmOrdZ gXñ¶ Wo Am¡a à˶oH$ Zo ` 100 M§Xm H$m ^wJVmZ {H$¶m Wm&
31 ‘mM© 2018 VWm 31 ‘mM© 2019 H$mo H«$‘e… ` 2,500 VWm ` 2,000 MÝXm AXÎm Wm&

22. Veena and Neetu were partners in a firm sharing profits and losses in the ratio of
3 : 2. Their Balance Sheet as on 31st March, 2019 was as follows : [10]
Balance Sheet of Veena and Neetu as on 31st March 2019
Liabilities Amount Assets Amount
` `

Creditors 60,000 Cash at Bank 38,000
Profit & Loss A/c. 45,000 Debtors 40,000
Capitals : Stock 44,000
Veena 80,000 Building 62,000
Neetu 60,000 Furniture 15,000
Office computer 46,000
2,45,000 2,45,000

58/OSS/1/320-A] G-234 12
 [ Contd......

On 1st April, 2019, Lakshmi was admitted as a new partner for 1 5 th share in the
profits. It was agreed that :
a) Lakshmi shall bring ` 60,000 as capital and ` 20,000 as her share of goodwill
in cash.
b) Stock is valued at ` 60,000 and Building at ` 66,000.
c) Furniture and office computer is to be depreciated by 10% p.a.
d) Create a reserve for bad & doubtful debts on debtors @ 5%.
Prepare Revaluation A/c., Partners Capital A/c's and Balance Sheet of the new firm.
drZm Am¡a ZrVy EH$ ’$‘© ‘| gmPoXma Wr Am¡a bm^ H$m ~§Q>dmam 3 : 2 Ho$ AZwnmV ‘| H$aVr Wr& 31 ‘mM©,2019 H$mo
CZH$m pñW{V {ddaU {ZåZ àH$ma go Wm&
drZm Am¡a ZrVy H$m pñW{V {ddaU 31‘mM©, 2019 H$mo
Xo¶VmE± am{e gån{Îm¶m± am{e
` `
boZXma 60,000 ~¢H$ ‘| amoH$‹S> 38,000
bm^-hm{Z ImVm 45,000 XoZXma 40,000
ny±Or : ñQ>m°H$ 44,000
drZm 80,000 ^dZ 62,000
ZrVy 60,000 ’$ZuMa 15,000
H$m¶m©b¶ H$å߶yQ>a 46,000
2,45,000 2,45,000

1 Aà¡b, 2019 H$mo bú‘r H$mo bm^ ‘| 1 5 ^mJ Ho$ {bE EH$ ZE gmPoXma Ho$ ê$n ‘| àdoe {X¶m J¶m&
Bg na gh‘{V hþB© {H$ …
a) bú‘r ` 60,000 ny±Or Ho$ ê$n ‘| VWm ` 20,000 AnZo ^mJ H$s »¶m{V Ho$ bmEJr&
b) ñQ>m°H$ H$m ‘yë¶ ` 60,000 Am¡a ^dZ H$m ‘yë¶ ` 66,000 Am±H$m J¶m&
c) ’$ZuMa Am¡a H$m¶m©b¶ H$å߶yQ>a na 10% dm{f©H$ Xa go ömg bJmZm h¡&
d) XoZXmam| na 5% H$s Xa go Aàm߶ Ed§ g§{X½Y F$Um| Ho$ {bE àmdYmZ H$aZm h¡&
nwZ©‘yë¶m§H$Z ImVm, gmPoXmam| Ho$ ny±Or ImVo VWm ZB© ’$‘© H$m pñW{V {ddaU ~ZmBE&
OR/AWdm

58/OSS/1/320-A] G-234 13
 [ Contd......

Radha Lal and Krishna were partners in a firm sharing profits in the ratio of 3 : 2.
Their balance sheet as on 31st March 2019 was as follows :
Balance Sheet of Radha Lal & Krishna as at 31st March, 2019
Liabilities Amount Assets Amount
` `
Sundry Creditors 40,000 Cash at Bank 38,000
Profit & Loss A/c. 50,000 Sundry Debtors 45,000
Krishna's Friends Loan 40,000 Less Provision for
Outstanding expenses 5,000 bad debts 3,000 42,000
Capitals : Stock 50,000
Radha Lal 80,000 Machinery 60,000
Krishna 60,000 Investments 60,000
Furniture & Fixtures 25,000
2,75,000 2,75,000
On the above date the firm was dissolved. The realization of assets and payment of
liabilities was as follows :
a) `
Sundry debtors 40,000
Stock 55,000
Machinery 50,000
Furniture & Fixtures 20,000
b) Investments were taken by Krishna at an agreed value of ` 64,000. Krishna
agreed to pay off his friends loan.
c) Creditors were settled at a discount of 10% and outstanding expenses were
paid in full.
d) Realization expenses were ` 5,000.
Prepare Realization Account, Partners' Capital Accounts and Bank Account.

58/OSS/1/320-A] G-234 14
 [ Contd......

amYobmb Am¡a H¥$îUm EH$ ’$‘© ‘| gmPoXma Wo Am¡a bm^ H$m Amd§Q>Z 3 : 2 Ho$ AZwnmV ‘| H$aVo Wo& 31 ‘mM©,
2019 H$mo CZH$m pñW{V {ddaU {ZåZ àH$ma go Wm…
amYobmb Am¡a H¥$îUm H$m pñW{V {ddaU 31 ‘mM©, 2019 H$mo
Xo¶VmE± am{e gån{Îm¶m± am{e
` `
{d{^Þ boZXma 40,000 ~¢H$ ‘| amoH$S> 38,000
bm^-hm{Z ImVm 50,000 {d{^Þ XoZXma 45,000
H¥$îUm Ho$ {‘Ì H$m F$U 40,000 Aàm߶ F¥$Umo§ Ho$ {bE
AXÎm 춶 5,000 àmdYmZ 3,000 42,000
ny±Or : ñQ>m°H$ 50,000
amYobmb 80,000 ‘erZar 60,000
H¥$îUm 60,000 {d{Z¶moJ 60,000
’$ZuMa Ed§ {’$³gMa 25,000
2,75,000 2,75,000
Cnamoº$ {V{W H$mo ’$‘© Ho$ g‘mnZ hmo J¶m gån{Îm¶m| go dgybr VWm Xo¶VmAm| H$m ^wJVmZ {ZåZ àH$ma go hþAm :

a) `
{d{^Þ XoZXma 40,000
ñQ>m°H$ 55,000
‘erZar 50,000
’$ZuMa Ed§ {’$³gMg© 20,000
b) {d{Z¶moJm| H$mo H¥$îUm Zo ` 64,000 Ho$ gh‘{V ‘yë¶ na bo {b¶m& H¥$îUm AnZo {‘Ì H$m F$U ^wJVmZ
H$aZo Ho$ {bE gh‘V hmo JB©&
c) boZXmam| H$m 10% ~Å>o na {ZnQ>mZ H$a {X¶m J¶m Am¡a AXÎm 춶m§o H$m nyU© ^JVmZ H$a {X¶m J¶m&
d) dgybr 춶 ` 5,000 Wo&
dgybr ImVm, gmPoXmam| Ho$ ny±Or ImVo VWm ~¢H$ ImVm ~ZmBE&

58/OSS/1/320-A] G-234 15
 [ Contd......

SECTION - B
IÊS> - ~
OPTION - I
{dH$ën - I
(Analysis of Financial Statements)
({dÎmr¶ {ddaUm| H$m {díbofU)

23. What is meant by 'Analysis of Financial Statements'? [1]
"{dÎmr¶ {ddaUm| Ho$ {díbofU' go ³¶m A{^àm¶ h¡?

24. Calculate closing stock from the following information : [3]
Sales during the year - ` 3,00,000.
Gross Profit on sales - 25%.
Stock Turnover Ratio - 5 times.
Closing stock is ` 20,000 more than the opening stock.
{ZåZ {b{IV gyMZm go ApÝV‘ ñQ>m°H$ H$s JUZm H$s{OE :
df© Ho$ Xm¡amZ {dH«$¶ - ` 3,00,000.
{dH«$¶ na gH$b bm^ - 25%.
ñQ>m°H$ AmdV© AZwnmV - 5 ~ma
ApÝV‘ ñQ>m°H$, Amapå^H$ ñQ>m°H$ go ` 20,000 A{YH$ h¡&

25. Name the aspects the interpreter is expected to study while interpreting comparative
Balance Sheet. Explain any two of them. [5]
VwbZmË‘H$ pñW{V {ddaU H$s ì¶m»¶m H$aVo g‘¶ ì¶m»¶m H$Vm© go {OZ nhbwAm| H$m Aܶ¶Z Ano{jV h¡ CZHo$
Zm‘ Xr{OE& CZ‘| go {H$Ýht Xmo H$s ì¶m»¶m H$s{OE&

26. Give the formula of Current Ratio. If the Current Ratio of a company is 2 : 1 state
giving reasons which of the following transactions would improve, reduce or not
change the ratio : [5]
i) Issue of bonus shares out of profits.
ii) Purchase of Motor Van on credit of 6 months.
iii) Sale of goods costing ` 60,000 for ` 75,000.
iv) Redemption of equal amount of Debentures out of proceeds from fresh issue
of equity shares.
58/OSS/1/320-A] G-234 16
 [ Contd......

Mmby AZwnmV H$m gyÌ Xr{OE& ¶{X EH$ H$ånZr H$m Mmby AZwnmV 2 : 1 h¡ Vmo H$maU g{hV ~VmBE {H$ {ZåZ ‘|
go H$m¡Z gm boZXoZ AZwnmV ‘| d¥{Õ, H$‘r AWdm H$moB© n[adV©Z Zht H$aoJm :
i) bm^ ‘| go ~moZg A§em| H$m {ZJ©‘Z&
ii) ‘moQ>a dmhZ H$m 6 ‘hrZo H$s CYma na H«$¶&
iii) ` 60,000 Ho$ bJV ‘yë¶ Ho$ ‘mb H$m ` 75,000 ‘| {dH«$¶&

iv) ZE g‘Vm A§em| Ho$ {ZJ©‘Z go àmßV am{e ‘| go g‘mZ ‘yë¶ Ho$ F$U nÌm| H$m emoYZ&

27. From the following Balance Sheet of Vikram Solar Energy Generation Ltd. as on
31st March, 2019 and 31st March, 2018. Prepare Cash Flow Statement. [6]
Balance Sheet of Vikram Solar Energy Generation Ltd.
Particulars Note 31.03.2019 31.03.2018
No. ` `
I. Equity and Liabilities:
1) Share holders fund :
a) Share Capital 7,00,000 6,00,000
b) Reserve & Surplus
(as per statement of profit & loss) 3,00,000 2,00,000
2) Non-current Liabilities :
10% Long Term Loan 1,00,000 2,00,000
3) Current Liabilities:
Trade Payables 60,000 80,000
Total 11,60,000 10,80,000
II. Assets :
1) Non-current Assets:
a) Tangible 8,40,000 6,60,000
b) Intangible :
Goodwill 80,000 1,20,000
58/OSS/1/320-A] G-234 17
 [ Contd......

2) Current Assets :
a) Trade Receivables 80,000 60,000
b) Inventories 60,000 80,000
c) Cash and Cash equivalents 1,00,000 1,60,000
Total 11,60,000 10,80,000
Notes to Accounts :
Particulars 31.03.2019 31.03.2018
` `
Fixed Assets - Tangible :
Plant & Machinery 3,00,000 3,60,000
Land & Building 5,40,000 3,00,000
8,40,000 6,60,000
Additional Information :
Depreciation charged on Plant & Machinery during the year was ` 60,000.
{dH«$‘ gmobma EZOu OoZaoeZ {b{‘Q>oS> Ho$ 31 ‘mM©, 2019 VWm 31 ‘mM©, 2018 Ho$ ZrMo {XE pñW{V {ddaUm|
go amoH$‹S> àdmh {ddaU V¡¶ma H$s{OE :
{dH«$‘ gmobma EZOu OZoaoeZ {b{‘Q>oS> H$m pñW{V {ddaU
{ddaU ZmoQ> 31.03.2019 31.03.2018
g§. ` `
I. g‘Vm Ed§ Xo¶VmE±
1) A§eYmaH$m§o H$m H$mof
a) A§e ny±Or 7,00,000 6,00,000
b) g§M¶ Ed§ A{Y³¶
(bm^ hm{Z {ddaU Ho$ AZwgma) 3,00,000 2,00,000
2) J¡a Mmby Xo¶VmE± :
10% XrK© H$m{bH$ F$U 1,00,000 2,00,000
58/OSS/1/320-A] G-234 18
 [ Contd......

3) Mmby Xo¶VmE±
ì¶mnmaXo¶ 60,000 80,000
Hw$b¶moJ 11,60,000 10,80,000
II. gån{Îm¶m±
1) J¡a Mmby gån{Îm¶m±
a) ‘yV© 8,40,000 6,60,000
b) A‘yV©
Ȧm{V 80,000 1,20,000
2) Mmby gån{Îm¶m±
a) ì¶mnma àm߶ 80,000 60,000
b) ah{V¶m 60,000 80,000
c) amoH$S> Ed§ amoH$S> Vwë¶ 1,00,000 1,60,000
Hw$b¶moJ 11,60,000 10,80,000
ImVm| go gå~pÝYV ZmoQ> :
{ddaU 31.03.2019 31.03.2018
` `

ñWmB© gån{Îm¶m±-‘yV©
g§¶ÝÌ Ed§ ‘erZar 3,00,000 3,60,000
^y{‘ Ed§ ^dZ 5,40,000 3,00,000
8,40,000 6,60,000
A{V[a³V gyMZm :
df© Ho$ Xm¡amZ g§¶ÝÌ Ed§ ‘erZar na ` 60,000 H$m ömg bJm¶m&

58/OSS/1/320-A] G-234 19
 [ Contd......

OPTION - II
{dH$ën - II
(Application of Computers in Financial Accounting)
(H$å߶yQ>a H$m {dÎmr¶ boIm§H$Z ‘| Cn¶moJ)

23. Name graph's two axes. [1]
{~ÝXþ aoI Ho$ Xmo Ajm§o Ho$ Zm‘ Xr{OE&

24. Explain the terms work sheet in Excel. [3]
E³gb ‘| dH©$erQ> eãX H$s ì¶m»¶m H$s{OE&

25. What are graphs/charts? Explain any two advantages of graphs/charts. [5]
{~ÝXþaoI Ed§ g§{MÌ ³¶m hmoVo h¢? BZHo$ {H$Ýht Xmo bm^m| H$mo g‘PmBE&

26. How is a function calculated? State the steps. [5]
’$bZ H$s JUZm H¡$go H$s OmVr h¡? BgHo$ {d{^Þ MaUm| H$m CëboI H$s{OE&

27. Basic pay is not the total amount of salary. There are so many other amounts that
are to be added in this. Name and explain those amounts. [6]
‘yb doVZ hr doVZ H$s Hw$b am{e Zht hmoVr h¡& Aݶ ~hþV gr am{e¶m± Bg‘| OmoS>r OmVr h¢& BZ am{e¶m| Ho$ Zm‘
Xr{OE VWm BÝh| g‘PmBE&



58/OSS/1/320-A] G-234 20
