NIOS Class 12 April 2024 Question Paper Accountancy

This Question Paper consists of 58 questions [Section–A (36) + Section–B (11+11)]
and 43 printed pages.
Bg àíZ-nÌ ‘| 58 àíZ [ IÊS>–A (36) + IÊS>–~ (11+11)] VWm 43 ‘w{ÐV n¥ð> h¢&
Roll No. Code No.
67/TUS/2
u
AZwH«$‘m§H$ H$moS> Z§0
ACCOUNTANCY Set / goQ>
boIm§H$Z
( Principles and Practice of Financial Accounting )
( {dÎmr¶ boIm§H$Z Ho$ {gÕmÝV Ed§ ì¶dhma )
(320)
Day and Date of Examination .....................................................................................
(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. 67/TUS/2, Set u 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, Odia, 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.

320/TUS/112A [ P.T.O.

gm‘mݶ 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$mo
A¶mo½¶ R>ham¶m OmEJm&
4. AnZr CÎma-nwpñVH$m na àíZ-nÌ H$m H$moS> Z§0 67/TUS/2, goQ u {bI|&
5. (H$) n«íZ-nÌ Ho$db {hÝXr/A§J«oOr ‘| h¡& {’$a ^r, ¶{X Amn Mmh| Vmo ZrMo Xr JB© {H$gr EH$ ^mfm ‘| CÎma Xo
gH$Vo h¢ …
A§J«oOr, {hÝXr, CXÿ©, n§Om~r, ~§Jbm, V{‘b, ‘b¶mb‘, H$Þ‹S>, VobwJy, ‘amR>r, C{‹S>¶m, JwOamVr, H$m|H$Ur,
‘{Unwar, Ag{‘¶m, Zonmbr, H$í‘rar, g§ñH¥$V Am¡a {gÝYr&
H¥$n¶m CÎma-nwpñVH$m ‘| {XE JE ~m°³g ‘| {bI| {H$ Amn {H$g ^mfm ‘| CÎma {bI aho h¢&
(I) ¶{X Amn {hÝXr Ed§ A§J«oOr Ho$ A{V[aº$ {H$gr Aݶ ^mfm ‘| CÎma {bIVo h¢, Vmo àíZm| H$mo g‘PZo ‘| hmoZo dmbr
Ìw{Q>¶m|/Jb{V¶m| H$s {Oå‘oXmar Ho$db AmnH$s hmoJr&

320/TUS/112A 2

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) Section—A has 36 questions from Question Nos. 1 to 36. All questions
are compulsory.
(iii) Section—B has 11 questions from Question Nos. 37 to 47.
(iv) Section—B has two Options. Option—I : Analysis of Financial
Statements and Option—II : Application of Computers in Financial
Accounting. Candidates are required to attempt questions from one
Option only. All questions of an Option are compulsory.
{ZX}e … (i) Bg àíZ-nÌ ‘| Xmo IÊS> h¢—IÊS> ‘A’ Ed§ IÊS> ‘ ~’&
(ii) IÊS> ‘A’ ‘| 36 àíZ h¢, àíZ g§»¶m 1 go 36 VH$& g^r àíZ A{Zdm¶© h¢&
(iii) IÊS> "~' ‘| 11 àíZ h¢, àíZ g§»¶m 37 go 47 VH$&
(iv) IÊS> "~' ‘| Xmo {dH$ën h¢& {dH$ën—I … {dÎmr¶ {ddaUm| H$m {díbofU Am¡a {dH$ën—II … {dÎmr¶
boIm§H$Z ‘| H$å߶yQ>a H$m à¶moJ& narjm{W©¶m| H$mo Ho$db EH$ {dH$ën Ho$ hr CÎma XoZo h¢& EH$ {dH$ën
Ho$ g^r àíZ A{Zdm¶© h¢&
(1) Answers of all questions are to be given in the Answer-Book given to you.
g^r àíZm| Ho$ CÎma AmnH$mo Xr JB© CÎma-nwpñVH$m ‘| hr {bI|&
(2) 15 minutes time has been allotted to read this question paper. The question
paper will be distributed at 2:15 p.m. From 2:15 p.m. to 2:30 p.m., the
students will read the question paper only and will not write any answer on
the Answer-Book during this period.
Bg àíZ-nÌ H$mo n‹T>Zo Ho$ {bE 15 {‘ZQ> H$m g‘¶ {X¶m J¶m h¡& àíZ-nÌ H$m {dVaU Xmonha ‘|
2:15 ~Oo {H$¶m OmEJm& Xmonha 2:15 ~Oo go 2:30 ~Oo VH$ N>mÌ Ho$db àíZ-nÌ H$mo n‹T>|Jo Am¡a
Bg Ad{Y Ho$ Xm¡amZ do CÎma-nwpñVH$m na H$moB© CÎma Zht {bI|Jo&
SECTION—A
IÊS>–A
1. Which of the following is the correct formula of accounting equation? 1
(A) Assets = Capital – Liabilities
(B) Assets = Capital + Liabilities
(C) Assets = Capital + Profit
(D) Assets = Capital – Loss

320/TUS/112A 3 [ P.T.O.

{ZåZ ‘| go boIm§H$Z g‘rH$aU H$m ghr gyÌ H$m¡Z-gm h¡?
(A) gån{Îm¶m± = ny±Or – Xo¶VmE±
(B) gån{Îm¶m± = ny±Or + Xo¶VmE±
(C) gån{Îm¶m± = ny±Or + bm^
(D) gån{Îm¶m± = ny±Or – hm{Z
What will be the effect on accounting equation when goods of R 4,000
are sold for R 4,500 on credit?
(A) Increase in assets by R 4,500 and decrease in assets by R 4,000
(B) Increase in assets by R 4,000 and increase in liabilities by R 4,500
(C) Increase in assets by R 4,500 and increase in capital by R 500
(D) Increase in assets by R 4,500, decrease in assets by R 4,000 and
increase in capital by R 500

O~ R 4,000 Ho$ ‘mb H$mo R 4,500 ‘| CYma ~oMm, Vmo boIm§H$Z g‘rH$aU na ³¶m à^md hmoJm?
(A) gån{Îm¶m| ‘| R 4,500 H$s d¥{Õ Am¡a R 4,000 go gån{Îm¶m| ‘| H$‘r hmoJr
(B) gån{Îm¶m| ‘| R 4,000 H$s d¥{Õ Am¡a Xo¶VmAm| ‘| R 4,500 H$s d¥{Õ hmoJr
(C) gån{Îm¶m| ‘| R 4,500 H$s d¥{Õ Am¡a ny±Or ‘| R 500 H$s d¥{Õ hmoJr
(D) gån{Îm¶m| ‘| R 4,500 H$s d¥{Õ, gån{Îm¶m| ‘| R 4,000 H$s H$‘r VWm ny±Or ‘| R 500 H$s
d¥{Õ hmoJr

2. The rectifying entry for undercasting the purchases book by R 5,000
will be
(A) debit Purchases Account by R 5,000 and credit Suspense Account
by R 5,000
(B) credit Purchases Account by R 5,000 and debit Suspense Account
by R 5,000
(C) debit Suspense Account by R 10,000 and credit Purchases account
by R 10,000
(D) debit Purchases Account by R 10,000 and credit Suspense Account
by R 10,000 1

320/TUS/112A 4

H«$¶ nwñVH$ {OgH$m ¶moJ R 5,000 H$‘ {bIm J¶m h¡, CgH$s ew{ÕH$aU à{d{ï> ³¶m hmoJr?
(A) H«$¶ ImVm R 5,000 Zm‘ VWm CM§V ImVm ‘| R 5,000 O‘m
(B) H«$¶ ImVm R 5,000 O‘m VWm CM§V ImVm R 5,000 Zm‘
(C) CM§V ImVm R 10,000 Zm‘ VWm H«$¶ ImVm R 10,000 O‘m
(D) H«$¶ ImVm R 10,000 Zm‘ VWm CM§V ImVm R 10,000 O‘m

Goods of R 5,900 were sold on credit to Ashok but were debited to Ashok’s
Account as R 5,090. Sales Account was correctly credited. Rectification of
error will be
(A) Ashok’s A/c to be debited by R 5,090 and Sales A/c to be credited
by R 810
(B) Ashok’s A/c to be debited by R 5,900 and Suspense A/c to be credited
by R 810
(C) Suspense A/c to be debited by R 810 and Ashok’s A/c to be credited
by R 810
(D) Ashok’s A/c to be debited by R 810 and Suspense A/c to be credited
by R 810

AemoH$ H$mo R 5,900 H$m ‘mb CYma ~oMm bo{H$Z AemoH$ Ho$ ImVo Ho$ Zm‘ ‘| R 5,090 {bIm J¶m&
{dH«$¶ ImVo Ho$ O‘m ‘| ghr {bIm J¶m& Aew{Õ H$m g§emoYZ hmoJm
(A) AemoH$ Ho$ ImVo Ho$ Zm‘ ‘| R 5,090 Am¡a {dH«$¶ ImVo Ho$ O‘m ‘| R 810 {bIo OmE±Jo
(B) AemoH$ Ho$ ImVo Ho$ Zm‘ ‘| R 5,900 Am¡a CM§V ImVo Ho$ O‘m ‘| R 810 {bIo OmE±Jo
(C) CM§V ImVo Ho$ Zm‘ ‘| R 810 Am¡a AemoH$ Ho$ ImVo Ho$ O‘m ‘| R 810 {bIo OmE±Jo
(D) AemoH$ Ho$ ImVo Ho$ Zm‘ ‘| R 810 Am¡a CM§V ImVo Ho$ O‘m ‘| R 810 {bIo OmE±Jo

3. Wages paid for construction of building were debited to Wages Account.
It is a/an
(A) error of omission (B) error of commission
(C) compensatory error (D) error of principle 1

^dZ {Z‘m©U na ‘OXÿar H$m ^wJVmZ {H$¶m, {Ogo ‘OXÿar ImVo Ho$ Zm‘ ‘| {bIm J¶m& ¶h h¡ EH$
(A) bmon Aew{Õ (B) boI Aew{Õ
(C) j{VnyaH$ Aew{Õ (D) g¡ÕmpÝVH$ Aew{Õ

320/TUS/112A 5 [ P.T.O.

R 5,00,000 paid to SS Construction Company towards the payment of
office building purchased was not recorded in the cash book. It is a/an
(A) error of commission (B) error of omission
(C) error of principle (D) compensatory error

Eg0 Eg0 H§$ñQ´>³eZ H$ånZr H$mo H$m¶m©b¶ ^dZ Ho$ H«$¶ na ^wJVmZ {H$E JE R 5,00,000 H$s amoH$‹S>
~hr ‘| à{d{ï> Zht H$s JB©& ¶h _____ H$s Ìw{Q> h¡&
(A) MyH$ (boI) (B) ^yb (bmon)
(C) {gÕmÝV (D) j{Vny{V©

4. Which of the following is the correct formula for calculating cost of
goods sold? 1
(A) Cost of Goods Sold = Net Sales – Gross Profit
(B) Cost of Goods Sold = Net Sales – Net Profit
(C) Cost of Goods Sold = Net Sales + Gross Profit
(D) Cost of Goods Sold = Net Sales + Net Profit

{ZåZ ‘| go ~oMo JE ‘mb H$s bmJV H$m ghr gyÌ H$m¡Z-gm h¡?
(A) ~oMo JE ‘mb H$s bmJV = ewÕ {dH«$¶ – gH$b bm^
(B) ~oMo JE ‘mb H$s bmJV = ewÕ {dH«$¶ – ewÕ bm^
(C) ~oMo JE ‘mb H$s bmJV = ewÕ {dH«$¶ + gH$b bm^
(D) ~oMo JE ‘mb H$s bmJV = ewÕ {dH«$¶ + ewÕ bm^

Which is correct when cost of goods sold is subtracted from net sales?
(A) It is net profit (B) It is net loss
(C) It is gross profit/gross loss (D) All of the above

O~ ewÕ {dH«$¶ ‘| go {dH«$¶ {H$E JE ‘mb H$s bmJV H$mo KQ>m¶m OmVm h¡, Eogo ‘| ghr ³¶m h¡?
(A) ¶h ewÕ bm^ h¡ (B) ¶h ewÕ hm{Z h¡
(C) ¶h gH$b bm^/gH$b hm{Z h¡ (D) Cn¶w©º$ g^r

320/TUS/112A 6

5. Sundry Debtors, Closing Stock, Bills Receivable, Investments, Cash at
Bank when put in liquidity order, it will be
(A) Bills Receivable, Sundry Debtors, Cash at Bank, Investments, Closing
Stock
(B) Cash at Bank, Investments, Sundry Debtors, Bills Receivable, Closing
Stock
(C) Cash at Bank, Bills Receivable, Sundry Debtors, Investments, Closing
Stock
(D) Cash at Bank, Bills Receivable, Sundry Debtors, Closing Stock,
Investments 1

{d{^Þ XoZXma, ApÝV‘ ñQ>m°H$, àm߶ {dnÌ, {d{Z¶moJ, ~¢H$ ‘| amoH$‹S> H$mo O~ VabVm H«$‘ ‘| {bIm OmEJm
V~ Eogm hmoJm
(A) àm߶ {dnÌ, {d{^Þ XoZXma, ~¢H$ ‘| amoH$‹S>, {d{Z¶moJ, ApÝV‘ ñQ>m°H$
(B) ~¢H$ ‘| amoH$‹S>, {d{Z¶moJ, {d{^Þ XoZXma, àm߶ {dnÌ, ApÝV‘ ñQ>m°H$
(C) ~¢H$ ‘| amoH$‹S>, àm߶ {dnÌ, {d{^Þ XoZXma, {d{Z¶moJ, ApÝV‘ ñQ>m°H$
(D) ~¢H$ ‘| amoH$‹S>, àm߶ {dnÌ, {d{^Þ XoZXma, ApÝV‘ ñQ>m°H$, {d{Z¶moJ

What will be the order of permanence for arranging the following in the
Balance Sheet of an enterprise?
I. Creditors
II. Capital
III. Bills payable
IV. Outstanding wages
V. Loan

(A) II, V, I, III, IV
(B) I, II, III, IV, V
(C) II, III, IV, V, I
(D) III, IV, V, I, II

320/TUS/112A 7 [ P.T.O.

{ZåZ H$mo EH$ CÚ‘ Ho$ pñW{V {ddaU ‘|, ñWm{¶Ëd Ho$ AZwgma, ì¶dpñWV H$aZo H$m ghr VarH$m
H$m¡Z-gm hmoJm?
I. boZXma
II. ny±Or
III. Xo¶ {~b
IV. AXÎm ‘OXÿar
V. G$U

(A) II, V, I, III, IV
(B) I, II, III, IV, V
(C) II, III, IV, V, I
(D) III, IV, V, I, II

6. Payment of wages for repair of furniture is an example of
(A) capital expenditure
(B) deferred revenue expenditure
(C) revenue expenditure
(D) Both (A) and (B) 1

’$ZuMa H$s ‘aå‘V Ho$ {bE ‘OXÿar ^wJVmZ {H$gH$m CXmhaU hmoJm?
(A) ny±OrJV 춶
(B) AmñW{JV Am¶JV 춶
(C) Am¶JV 춶
(D) (A) VWm (B) XmoZmo|

Machine purchased is an example of
(A) revenue expenditure (B) capital expenditure
(C) revenue receipt (D) capital receipt

‘erZ H$m H«$¶ {H$gH$m CXmhaU h¡?
(A) AmJ‘ 춶 (B) ny±OrJV 춶
(C) AmJ‘ àm{á (D) ny±OrJV àm{á

320/TUS/112A 8

7. To ascertain profit/loss by preparing Statement of Affairs and taking
capital at the end of the year as base, drawings during the year

(A) will be subtracted from the capital balance

(B) will be added to the capital balance

(C) will be subtracted from the profit ascertained

(D) will neither be added to nor subtracted from the capital balance 1

bm^-hm{Z {ZYm©aU Ho$ {bE AdñWm {ddaU ~ZmVo g‘¶ O~ df© Ho$ AÝV H$s ny±Or H$mo AmYma ‘mZm
OmVm h¡, V~ df© ‘| AmhaU H$mo
(A) ny±Or eof ‘| go KQ>m¶m OmEJm
(B) ny±Or eof ‘| O‘m {H$¶m OmEJm
(C) {ZYm©[aV bm^ ‘| go KQ>m¶m OmEJm
(D) ny±Or eof ‘| Z O‘m {H$¶m OmEJm Am¡a Z hr Cggo KQ>m¶m OmEJm

8. On admission of a partner for revaluation of assets and liabilities, the
account which is prepared is

(A) Profit and Loss Account

(B) Realization Account

(C) Revaluation Account

(D) Profit and Loss Appropriation Account 1

gmPoXma Ho$ àdoe na gån{Îm¶m| Am¡a Xo¶VmAm| Ho$ nwZ‘y©ë¶m§H$Z na Omo ImVm ~Zm¶m OmVm h¡, dh h¡
(A) bm^-hm{Z ImVm
(B) dgybr ImVm
(C) nwZ‘y©ë¶m§H$Z ImVm
(D) bm^-hm{Z {d{Z¶moOZ ImVm

320/TUS/112A 9 [ P.T.O.

9. Which of the following is treated as unrecorded asset? 1
(A) Sale of old furniture
(B) Sale of investment
(C) Bad debts recovered written off in previous year
(D) Goodwill appearing in the Balance Sheet

{ZåZ ‘| go H$m¡Z-gr AZ{^{b{IV gån{Îm ‘mZr OmEJr?
(A) nwamZo ’$ZuMa H$m {dH«$¶
(B) {d{Z¶moJ H$m {dH«$¶
(C) {nN>bo df© ‘| An{b{IV Sy>~V G$U H$s àm{á
(D) pñW{V {ddaU ‘| Xem©B© JB© »¶m{V

On retirement of a partner, retiring partner’s share of goodwill will be
written off between remaining partners in their
(A) sacrificing ratio (B) old profit-sharing ratio
(C) new profit-sharing ratio (D) gaining ratio

gmPoXma Ho$ AdH$me J«hU H$aZo na, CgHo$ ^mJ H$s »¶m{V H$s am{e H$mo ~Mo hþE gmPoXmam| ‘| An{b{IV
{H$¶m OmEJm CZHo$
(A) ˶mJ AZwnmV ‘| (B) nwamZo bm^-Am~§Q>Z AZwnmV ‘|
(C) ZE bm^-Am~§Q>Z AZwnmV ‘| (D) bm^ AZwnmV ‘|

10. To arrive at the super profit, which will be subtracted from actual profit? 1
(A) Simple profit (B) Normal profit
(C) Average profit (D) Gross profit

A{Ybm^ kmV H$aZo Ho$ {bE, dmñV{dH$ bm^ ‘| go KQ>m¶m OmEJm
(A) gab bm^ (B) gm‘mݶ bm^
(C) Am¡gV bm^ (D) gH$b bm^

320/TUS/112A 10

Jain and Gupta are two partners sharing profits in the ratio of 4 : 3. Singh
2 th share which he acquires equally from
is admitted as a new partner for 7
Jain and Gupta. The new profit-loss ratio will be
(A) 4 : 3 : 2 (B) 3 : 3 : 2
(C) 3 : 2 : 2 (D) 3 : 2 : 1
O¡Z Am¡a Jwám Xmo gmPoXma h¢, Omo bm^ H$m Am~§Q>Z 4 : 3 Ho$ AZwnmV ‘| H$aVo h¢& qgh H$mo 72 ^mJ
Ho$ {bE ZE gmPoXma Ho$ ê$n ‘| àdoe {X¶m J¶m {OgH$m CgZo O¡Z Am¡a Jwám go g‘mZ AZwnmV ‘| A{YJ«hU
{H$¶m& Z¶m bm^-hm{Z AZwnmV hmoJm
(A) 4 : 3 : 2 (B) 3 : 3 : 2
(C) 3 : 2 : 2 (D) 3 : 2 : 1

11. Vee and Bee are partners sharing profits in the ratio of 3 : 2. Emm was
1 1
admitted as a partner for th share from which he acquired th from Vee
5 10
1
and th from Bee. New profit-sharing ratio will be
10
(A) 3 : 2 : 1 (B) 3 : 2 : 2
(C) 4 : 3 : 3 (D) 4 : 3 : 2 1
1
dr Am¡a ~r gmPoXma h¢ Am¡a bm^ H$m Am~§Q>Z 3 : 2 Ho$ AZwnmV ‘| H$aVo h¢& E‘ H$mo 5 ^mJ Ho$ {bE
1 1
gmPoXma ~Zm¶m J¶m, {Ogo CgZo 10 dr Am¡a 10 ~r go {b¶m& Z¶m bm^ Am~§Q>Z AZwnmV hmoJm
(A) 3 : 2 : 1 (B) 3 : 2 : 2
(C) 4 : 3 : 3 (D) 4 : 3 : 2
On admission of a partner, profit of Revaluation A/c is distributed among
old partners in their
(A) sacrificing ratio (B) gaining ratio
(C) old ratio (D) new ratio

gmPoXma Ho$ àdoe na, nwZ‘y©ë¶m§H$Z go hmoZo dmbo bm^ H$mo nwamZo gmPoXmam| ‘| {Og AZwnmV ‘| ~m±Q>m OmEJm,
dh h¡ CZH$m
(A) ˶mJ AZwnmV (B) bm^ AZwnmV
(C) nwamZm AZwnmV (D) Z¶m AZwnmV

320/TUS/112A 11 [ P.T.O.

12. When company receives applications for subscription for more number of
shares than offered to public, it is a case of
(A) full subscription (B) under-subscription
(C) over-subscription (D) None of the above 1
O~ H$ånZr OZgmYmaU H$mo àñVm{dV A§em| go A{YH$ Ho$ A{^XmZ Ho$ {bE AmdoXZ àmá H$aVr h¡,
Vmo ¶h pñW{V hmoVr h¡
(A) g§nyU© A{^XmZ H$s (B) Aën A{^XmZ H$s
(C) Am{Y³¶ A{^XmZ H$s (D) Cn¶w©º$ ‘| go H$moB© Zht
When share money is to be received in two or more instalments, the first
instalment is called
(A) share allotment (B) share application
(C) share first and final call (D) share first call
O~ A§e am{e H$mo Xmo AWdm A{YH$ {H$íVm| ‘| ‘m±Jm OmVm h¡, Vmo àW‘ {H$íV H$hbmVr h¡
(A) A§e Am~§Q>Z (B) A§e AmdoXZ
(C) A§e àW‘ Ed§ ApÝV‘ ¶mMZm (D) A§e àW‘ ¶mMZm

13. When 200 shares of R 100 each are forfeited for non-payment of first call
of R 20 per share, final call of R 30 is not made Capital Account will be
debited by
(A) R 20,000 (B) R 10,000
(C) R 14,000 (D) R 15,000 1
R 100 à{V Ho$ 200 A§e R 20 àW‘ ¶mMZm Ho$ ^wJVmZ Z H$aZo na OãV {H$E JE, R 30 à{V
A§e ApÝV‘ ¶mMZm am{e ‘m±Jr Zht JB© ny±Or ImVm Ho$ Zm‘ ‘| {bIm OmEJm
(A) R 20,000 (B) R 10,000
(C) R 14,000 (D) R 15,000
Company offered to public for subscription 5000 shares of R 100 each. It
has received applications for 6000 shares. Company rejects 500 shares all
together and allotment is made to the remaining applicants on pro rata
basis, excess money will be
(A) debited to Applicants Individual Account
(B) credited to Share Capital Account
(C) credited to Share Allotment Account
(D) credited to Bank Account

320/TUS/112A 12

H$ånZr Zo R 100 à{V Ho$ 5000 A§e OZgmYmaU H$mo A{^XmZ hoVw àñVm{dV {H$E& BgZo
6000 A§em| Ho$ {bE AmdoXZ àmá {H$E& H$ånZr Zo 500 A§e nyU© ê$n go AñdrH$ma H$a {XE& eof
AmdoXH$m| H$mo AmZwnm{VH$ AmYma na Am~§Q>Z {H$¶m J¶m& A{V[aº$ am{e H$mo {bIm OmEJm
(A) AmdoXH$m| Ho$ {ZOr ImVo Ho$ Zm‘ ‘|
(B) A§e ny±Or ImVo Ho$ O‘m ‘|
(C) A§e Am~§Q>Z ImVo Ho$ O‘m ‘|
(D) ~¢H$ ImVo Ho$ O‘m ‘|

14. A company has forfeited its 100 shares of R 100 each issued at a discount
of 10% on which final call of R 30 per share is not received. The Share
Capital Account will be debited by
(A) R 7,000 (B) R 9,000
(C) R 10,000 (D) R 12,000 1

EH$ H$ånZr Zo R 100 à{V Ho$ 100 A§em| H$mo OãV H$a {b¶m, {OÝh| 10% ~Å>o na {ZJ©{‘V {H$¶m
J¶m Wm Am¡a {OZ na R 30 à{V A§e ApÝV‘ ¶mMZm àmá Zht hþB© h¡& ny±Or ImVo Ho$ Zm‘ ‘| {bIm
OmEJm
(A) R 7,000 (B) R 9,000
(C) R 10,000 (D) R 12,000
Subscribed share capital can never be more than
(A) authorized capital (B) nominal capital
(C) issued capital (D) called-up capital
Which one of the above is correct?

A{^XmZ A§e ny±Or H$^r ^r {ZåZ ‘| go {H$ggo A{YH$ Zht hmo gH$Vr?
(A) A{YH¥$V ny±Or (B) Zm‘‘mÌ ny±Or
(C) {ZJ©{‘V ny±Or (D) ¶m{MV ny±Or
Cn¶w©º$ ‘| go H$m¡Z-gr ghr h¡?

320/TUS/112A 13 [ P.T.O.

15. Fill in the blanks (any one ) : 2
[aº$ ñWmZm| H$s ny{V© H$s{OE (H$moB© EH$) …

(a) A transaction is not recorded is an error of _____ and a transaction is
recorded but an error is committed in the process of recording is an
error of _____.

(b) An error should never be rectified by _____ but should be rectified
by _____.

(H$) boZXoZ {OgH$m A{^boIZ Zht {H$¶m J¶m _____ Aew{Õ h¡, boZXoZ {OgH$m A{^boIZ H$a {b¶m
J¶m h¡ bo{H$Z A{^boIZ Ho$ g‘¶ Aew{Õ hmo JB© h¡, Bgo _____ Aew{Õ H$hVo h¢&
(I) Aew{Õ H$m H$^r ^r _____ go emoYZ Zht {H$¶m OmZm Mm{hE ~pëH$ BgH$m emoYZ _____ Ho$
Ûmam {H$¶m OmZm Mm{hE&

16. Give one-word answer for the following (any two) : 1×2=2

(a) A unit of CPU that controls the activities of all the components of
the computer is called what?

(b) If the total of the debit side of the Trial Balance is more than the total
of its credit side to which account the difference amount will be
written?

(c) Name the unit, a component of computer that controls the various
input devices used for entering data into computer.

{ZåZ H$m CÎma EH$ eãX ‘| Xr{OE (H$moB© Xmo) …
(H$) Ho$ÝÐr¶ àH«$‘ BH$mB© H$m EH$ KQ>H$, Omo H$å߶yQ>a Ho$ g^r KQ>H$m| H$s {H«$¶mAm| H$mo {Z¶§{ÌV
H$aVm h¡, ³¶m H$hbmVm h¡?
(I) ¶{X VbnQ> Ho$ Zm‘ nj H$m ¶moJ BgHo$ O‘m nj Ho$ ¶moJ go A{YH$ h¡, Vmo AÝVa H$mo {H$g
ImVo ‘| {bIm OmEJm?
(J) H$å߶yQ>a Ho$ Cg KQ>H$ H$m Zm‘ ~VmBE Omo H$å߶yQ>a ‘| S>mQ>m H$s à{d{ï> ‘| Cn¶moJ {H$E OmZo dmbo
{d{^Þ BZnwQ> ¶§Ìm| H$mo {Z¶§{ÌV H$aVm h¡&

320/TUS/112A 14

17. Complete the sentence given below (any one) : 2

(a) Wages paid to the workers for day-to-day work is an example of
_____expenditure while paid to workers for construction of office
building is example of _____ expenditure.

(b) In case of business organizations, if income is more than expenditure,
it is termed as _____ while in case of not-for-profit organization it is
called _____.

ZrMo {X¶m J¶m dm³¶ nyam H$s{OE (H$moB© EH$) …
(H$) amoOmZm Ho$ H$m¶m] Ho$ {bE ‘OXÿam| H$mo ^wJVmZ H$s OmZo dmbr ‘OXÿar _____ 춶 H$m CXmhaU
h¡ O~{H$ H$m¶m©b¶ Ho$ ^dZ Ho$ {Z‘m©U na ‘OXyam| H$mo {H$¶m J¶m ^wJVmZ _____ 춶 H$m
CXmhaU h¡&
(I) ì¶mdgm{¶H$ g§JR>Zm| ‘| ¶{X Am¶ 춶 go A{YH$ h¡, Vmo ¶h _____ H$hbmVm h¡ O~{H$
Abm^H$mar g§JR>Zm| ‘| Bgo _____ H$hVo h¢&

18. Give one-word answer for the following (any two) : 1×2=2
(a) In case of admission of a partner in which ratio will general reserve
be distributed among old partners?
(b) While preparing Revaluation Account increase in the value of stock be
debited or credited to it?
(c) To which account, the unpaid amount due to a retiring partner is
transferred?

CÎma EH$ eãX ‘| Xr{OE (H$moB© Xmo) …
(H$) ZE gmPoXma Ho$ àdoe na gm‘mݶ g§M¶ H$mo nwamZo gmPoXmam| ‘| {H$g AZwnmV ‘| ~m±Q>m OmEJm?
(I) nwZ‘y©ë¶mH§$Z ImVm ~ZmVo g‘¶ ñQ>m°H$ Ho$ ‘yë¶ ‘| d¥{Õ H$mo CgHo$ Zm‘ ‘| ¶m O‘m ‘| {bIm OmEJm?
(J) AdH$me J«hU H$aZo na gmPoXma H$mo Xo¶ am{e, {OgH$m ^wJVmZ Zht {H$¶m J¶m h¡, {H$g ImVo
‘| {bIr OmEJr?

19. Fill in the blanks (any two) : 1×2=2

(a) In case of partnership at will the firm may be dissolved, if any one of
the partners gives a _____ to the other partners.

320/TUS/112A 15 [ P.T.O.

(b) Settlement of a dispute against the firm is treated as _____ liability.

(c) Super profit is equal to actual profit – _____.

(d) Sacrificing ratio is calculated by deducting _____ share of profit from
existing share of profit of the existing partners.

[aº$ ñWmZm| H$s ny{V© H$s{OE (H$moB© Xmo) …
(H$) ñd¡pÀN>H$ gmPoXmar ‘| ’$‘© H$m g‘mnZ hmo OmEJm, O~ gmPoXmam| ‘| go H$moB© EH$ Aݶ gmPoXmam|
H$mo _____ XoJm&
(I) ’$‘© Ho$ gmW Mb aho PJ‹S>o Ho$ {ZnQ>mZ na Bgo _____ Xo¶Vm ‘mZm OmEJm&
(J) A{Ybm^ = dmñV{dH$ bm^ – _____ hmoVm h¡&
(K) ˶mJ AZwnmV H$s JUZm dV©‘mZ gmPoXmam| Ho$ dV©‘mZ bm^ Ho$ ^mJ ‘| go _____ Ho$ bm^ H$mo
KQ>mH$a H$s OmVr h¡&

20. Give one-word answer for the following (any two) : 1×2=2

(a) To which account, the issue price of shares issued to promoters
will be debited?

(b) While issuing shares at premium, how much maximum premium can
be collected from the buyers of shares?

(c) If some shares of R 100 each are forfeited for non-payment of final call
of R 40, by how much amount per share will be credited to the
Forfeited Shares Account?

{ZåZ Ho$ CÎma EH$ eãX ‘| Xr{OE (H$moB© Xmo) …
(H$) àdV©H$m| H$mo {ZJ©{‘V A§em| Ho$ {ZJ©{‘V ‘yë¶ H$s IVm¡Zr {H$g ImVo Ho$ Zm‘ nj ‘| H$s OmEJr?
(I) A§em| H$mo àr{‘¶‘ na {ZJ©{‘V H$aVo g‘¶, BZHo$ H«o$VmAm| go A{YH$V‘ {H$VZr àr{‘¶‘ am{e br
Om gH$Vr h¡?
(J) ¶{X R 100 Ho$ Hw$N> A§e R 40 à{V A§e H$s A§{V‘ ¶mMZm H$m ^wJVmZ Zht H$aZo na OãV
H$a {bE OmVo h¢, Vmo à{V A§e OãV ImVo Ho$ O‘m nj ‘| {H$VZr am{e H$s IVm¡Zr H$s OmEJr?

320/TUS/112A 16

21. Name the type of vouchers to be made for the following transactions
(any four ) : 1×4=4
(a) Depreciation charged on machinery
(b) Purchased goods for cash
(c) Paid interest on bank loan
(d) Cash sales of goods
(e) Sold goods on credit

{ZåZ boZXoZm| Ho$ {bE ~ZmE OmZo dmbo à‘mUH$mo| Ho$ Zm‘ Xr{OE (H$moB© Mma) …
(H$) ‘erZar na õmg bJm¶m
(I) ‘mb H$m ZH$X H«$¶ {H$¶m
(J) ~¢H$ G$U na ã¶mO H$m ^wJVmZ {H$¶m
(K) ‘mb H$m ZH$X {dH«$¶ {H$¶m
(L>) ‘mb H$m CYma {dH«$¶ {H$¶m

22. Name the accounting errors for the following errors (any four) : 1×4=4
(a) Purchase book is under-caste by R 1,000.
(b) Cash paid R 5,000 to Ashok was to correctly entered in the cash book
but was posted to his debit as R 4,500.
(c) Salary paid to office employees was not posted to Salary Account.
(d) Repairs of building was debited to Building Account.
(e) X’s Account was debited by R 3,200 instead of R 2,300 while Y’s
Account was debited by R 2,300 instead of R 3,200.
(f) Goods sold on credited was not entered in the sales book.

{ZåZ Aew{Õ¶m| Ho$ {bE boIm Aew{Õ¶m| Ho$ Zm‘ {b{IE (H$moB© Mma) …
(H$) H«$¶ ~hr H$m ¶moJ R 1,000 H$‘ bJm¶m J¶m&
(I) AemoH$ H$mo R 5,000 H$m ZH$X ^wJVmZ {H$¶m, amoH$‹S> ~hr ‘| ghr à{d{ï> H$s JB© bo{H$Z AemoH$
Ho$ Zm‘ ‘| R 4,500 {bIo JE&
(J) H$m¶m©b¶ Ho$ H$‘©Mm[a¶m| H$mo doVZ H$m ^wJVmZ {H$¶m bo{H$Z doVZ ImVo ‘| IVm¡Zr Zht H$s JB©&
(K) ^dZ H$s ‘aå‘V na {H$¶m J¶m 춶 ^dZ ImVo Ho$ Zm‘ {bIm J¶m&

320/TUS/112A 17 [ P.T.O.

(L>) X Ho$ ImVo Ho$ Zm‘ ‘| R 2,300 Ho$ ñWmZ na R 3,200 {bIm J¶m O~{H$ Y Ho$ ImVo Ho$
Zm‘ ‘| R 3,200 Ho$ ñWmZ na R 2,300 {bIm J¶m&
(M>) ‘mb Ho$ CYma {dH«$¶ H$s {dH«$¶ ~hr ‘| à{d{ï> Zht H$s JB©&

23. Give one-word answer for the following (any four) : 1×4=4
(a) Gross loss is transferred to which side of Profit and Loss Account?
(b) If assets side and liabilities side of Balance Sheet do not tally, to
which account difference amount is written?
(c) Donation of R 60,000 received for construction of building of a sports
club. Where will it be shown in Club’s Final Accounts?
(d) If using statement of affair method to ascertain profit/loss of a
business unit and taking closing capital as base, capital introduced
during the year will be added to or deducted from it?
(e) How will the bad debts shown in the adjustment be treated in Final
Accounts of business firm?
(f) Expenditure incurred on purchase of machine is known as what?

{ZåZ Ho$ CÎma EH$ eãX ‘| Xr{OE (H$moB© Mma) …
(H$) gH$b hm{Z H$mo bm^-hm{Z ImVo Ho$ {H$g Amoa hñVmÝV[aV {H$¶m OmVm h¡?
(I) ¶{X pñW{V {ddaU Ho$ gån{Îm nj Am¡a Xo¶Vm nj H$m Omo‹S> g‘mZ Zht h¡, Vmo AÝVa am{e H$mo
{H$g ImVo ‘| {bIm OmEJm?
(J) EH$ ñnmoQ²>g© ³b~ Ho$ ^dZ-{Z‘m©U Ho$ {bE R 60,000 H$m XmZ àmá hþAm h¡& ³b~ Ho$ ApÝV‘
ImVm| ‘| BgH$mo H$hm± Xem©¶m OmEJm?
(K) EH$ ì¶mdgm{¶H$ BH$mB© bm^/hm{Z {ZYm©aU Ho$ {bE AdñWm {ddaU nÕ{V H$m Cn¶moJ H$aVr h¡&
BgHo$ {bE ¶{X ApÝV‘ ny±Or H$mo AmYma ‘mZm h¡, Vmo df© Ho$ Xm¡amZ bJmB© JB© ny±Or H$mo Bg‘|
Omo‹S>m OmEJm AWdm KQ>m¶m OmEJm?
(L>) g‘m¶moOZ ‘| {XImE JE Aàm߶ G$U H$m ì¶mdgm{¶H$ ’$‘© Ho$ ApÝV‘ ImVm| ‘| A{^boIZ H¡$go
hmoJm?
(M) ‘erZ Ho$ H«$¶ na {H$¶m J¶m 춶 ³¶m H$hbmVm h¡?

320/TUS/112A 18

24. Give one-word answer for the following (any four ) : 1×4=4

(a) If goodwill is to be calculated by super profit method, how will super
profit be calculated?

(b) How will a firm be dissolved when a partner’s conduct is likely to
adversely affect the business of the firm?

(c) Alia, Keerti and Sara are partners sharing profits in the ratio of
4 : 3 : 2. Keerti retired and her share was taken by remaining partners
in the ratio of 1 : 1. What will be the new ratio of Alia and Sara?

(d) A loan of Happu Singh’s mother appears in the Balance Sheet of the
firm in which he is a partner. Will her loan be settled through
Realization Account or will be paid directly?

(e) Why goodwill tends to be high if the firm is located at a central place?

(f) In case of increase in the value of stock, Revaluation Account will be
debited or credited?

{ZåZ Ho$ CÎma EH$ eãX ‘| Xr{OE (H$moB© Mma) …

(H$) ¶{X »¶m{V H$s JUZm A{Ybm^ {d{Y go H$s OmE, Vmo A{Ybm^ H$s JUZm H¡$go H$s OmEJr?

(I) O~ EH$ gmPoXma H$m ì¶dhma ì¶dgm¶ na {dnarV à^md S>mb ahm h¡, Vmo ’$‘© H$m g‘mnZ {H$g
{d{Y go hmoJm?

(J) Am{b¶m, H$s{V© Am¡a gmam gmPoXma h¢ Am¡a bm^ H$m Am~§Q>Z 4 : 3 : 2 Ho$ AZwnmV ‘| H$aVo h¢&
H$s{V© Zo AdH$me J«hU {H$¶m Am¡a Aݶ gmPoXmam| Zo CgHo$ bm^ ‘| {hñgo H$mo 1 : 1 ‘| bo
{b¶m h¡& Am{b¶m Am¡a gmam H$m Z¶m bm^-hm{Z AZwnmV ³¶m hmoJm?

(K) hßny qgh {Og ’$‘© ‘| gmPoXma h¡ CgHo$ pñW{V {ddaU ‘| CgH$s ‘m± Ho$ Zm‘ H$m G$U {X¶m
hþAm h¡& CgHo$ G$U H$m {ZnQ>mZ dgybr ImVo Ho$ ‘mܶ‘ go hmoJm AWdm à˶j ê$n go?

(L>) ì¶dgm¶ ¶{X Ho$ÝÐr¶ ñWb na pñWV h¡, Vmo »¶m{V H$m éPmZ D±$Mm ³¶m| hmoJm?

(M) ñQ>m°H$ Ho$ ‘yë¶ ‘| d¥{Õ hmoZo na nwZ‘y©ë¶m§H$Z ImVo Ho$ Zm‘ ‘| {bIm OmEJm AWdm
O‘m ‘|?

320/TUS/112A 19 [ P.T.O.

25. Explain the term ‘journal proper’. 2
"‘w»¶ amoOZm‘Mm' H$mo g‘PmBE&
What is an outstanding expense? Give one example.
AXÎm 춶 {H$go H$hVo h¢? EH$ CXmhaU ^r Xr{OE&

26. In single-entry system, why Balance Sheet cannot be prepared to ascertain
the true financial position of the business on a particular date? 2
EH$-A§H$Z àUmbr ‘|, EH$ {V{W {deof H$mo ì¶dgm¶ H$s ghr {dÎmr¶ pñW{V H$m {ZYm©aU H$aZo Ho$ {bE
pñW{V {ddaU ³¶m| Zht ~Zm¶m Om gH$Vm?
Explain the term ‘subscription’.
"M§Xm' eãX H$s ì¶m»¶m H$s{OE&

27. What is the result of forfeiture of shares? 2
A§em| H$mo OãV H$aZo H$m n[aUm‘ ³¶m hmoVm h¡?

What is meant by shares issued at premium? Name the account to which
premium amount will be transferred.
A§em| Ho$ àr{‘¶‘ na {ZJ©‘Z go ³¶m A{^àm¶ h¡? àr{‘¶‘ H$s am{e H$mo {H$g ImVo ‘| hñVmÝV[aV {H$¶m
OmEJm? Zm‘ ~VmBE&

28. 200 shares of R 100 each are forfeited for non-payment of first and final call
of R 40 each. Pass Journal Entry for forfeiture of shares. 2
R 100 à{V Ho$ 200 A§em| H$mo R 40 à{V A§e ApÝV‘ ¶mMZm am{e H$m ^wJVmZ Z {H$E OmZo na
OãV H$a {b¶m J¶m& A§em| H$mo OãV H$aZo H$s amoOZm‘Mm à{d{ï> H$s{OE&

Pass Journal Entry in the above case for reissue of forfeited shares if
150 shares are reissued at R 60 per share.
Cn¶w©º$ ‘m‘bo ‘| OãV {H$E 150 A§em| H$mo R 60 à{V A§e Ho$ nwZ{Z©J©‘Z H$s amoOZm‘Mm à{d{ï>¶m±
H$s{OE&

320/TUS/112A 20

29. Why is ledger maintained by a business firm? Give any three reasons. 3
EH$ ì¶mdgm{¶H$ ’$‘© ImVm-~hr ³¶m| ~ZmVr h¡? H$moB© VrZ H$maU ~VmBE&

Name the ledgers which will contain the following accounts :
(a) Building Account
(b) Bank Account
(c) Rent Paid Account
(d) Prepaid Insurance Account
(e) Trade Creditors
(f) Interest Received

CZ ImVm-~{h¶m| Ho$ Zm‘ Xr{OE {OZ‘| ZrMo {XE JE ImVo ~Zo hmoVo h¢ :
(H$) ^dZ ImVm
(I) ~¢H$ ImVm
(J) {H$am¶o H$m ^wJVmZ
(K) nyd©XÎm ~r‘m ImVm
(L>) ì¶mnma boZXma
(M) ã¶mO àmá {H$¶m

30. Pass necessary Journal Entries for the following adjustments (any three) : 1×3=3
(a) Closing stock
(b) Wages outstanding
(c) Rent paid in advance
(d) Depreciation on machinery
(e) Further bad debts
ZrMo {XE JE g‘m¶moOZm| H$s Amdí¶H$ amoOZm‘Mm à{d{ï>¶m± H$s{OE (H$moB© VrZ) :
(H$) ApÝV‘ ñQ>m°H$
(I) AXÎm ‘OXÿar
(J) {H$amE H$m A{J«‘ ^wJVmZ
(K) ‘erZm| na õmg
(L>) A{V[aº$ Aàm߶ G$U

320/TUS/112A 21 [ P.T.O.

From the following, calculate the amount of subscription for the year ending
31st March, 2024 for Income and Expenditure Account : 3
R
Subscription received in 2023–24 30,000
On 31st March, 2024, subscription outstanding 3,000
Subscription received in 2022–23 for 2023–24 1,800
Subscription received in 2023–24 for Subscription
outstanding in 2022–23 1,000
Subscription received in 2023–24 for 2024–25 1,200

31 ‘mM©, 2024 H$mo g‘má df© Ho$ {bE Am¶-춶 ImVm Ho$ {bE M§Xm-am{e H$s JUZm {ZåZ{b{IV
go H$s{OE …
R
2023–24 ‘| M§Xm àmá {H$¶m 30,000
31 ‘mM©, 2024 H$mo AXÎm M§Xm 3,000
2022–23 ‘| 2023-24 Ho$ {bE àmá M§Xm 1,800
2023-24 ‘| 2022-23 Ho$ {bE AXÎm M§Xm H$s àm{á 1,000
2023-24 ‘| 2024-25 Ho$ {bE àmá M§Xm 1,200

31. Enumerate any six items legal representatives of a deceased partner
are entitled to. 3
‘¥VH$ gmPoXma Ho$ H$mZyZr à{V{Z{Y {OZ am{e¶m| H$s àm{á Ho$ A{YH$mar h¢, CZ‘| go {H$Ýht N>… Ho$
Zm‘ {b{IE&
State any three factors affecting goodwill.
»¶m{V H$mo à^m{dV H$aZo dmbo {H$Ýht VrZ H$maH$m| H$m C„oI H$s{OE&

32. Explain the terms ‘under-subscription’ and ‘over-subscription’. 3
"Aën-A{^XmZ' Am¡a "A{Y-A{^XmZ' eãXm| H$s ì¶m»¶m H$s{OE&
Explain the term shares issued at discount. Give an example.
~Å>o na {ZJ©{‘V A§em| H$s ì¶m»¶m H$s{OE& CXmhaU Xr{OE&

320/TUS/112A 22

33. Explain in brief the procedure of forfeiture of shares. 3
A§em| H$mo OãV H$aZo H$s à{H«$¶m H$mo g§jon ‘| g‘PmBE&

What Journal Entries will be passed on forfeiture of shares issued at
discount and if the same are reissued?
~Å>o na Omar {H$E JE A§em| H$mo OãV H$aZo na, Am¡a ¶{X CÝh| Xmo~mam Omar {H$¶m OmE, Vmo ³¶m amoOZm‘Mm
à{d{ï>¶m± H$s OmE±Jr?

34. From the following Trial Balance of Apoorva & Sisters as on 31st March,
2024, prepare Trading and Profit & Loss Account for the year ending
31st March, 2024 and Balance Sheet as on that date : 5

Trial Balance as on 31st March, 2024

Name of Account Dr. Balance Cr. Balance
(R) (R)

Stock (01.04.2023) 44,000

Purchases 80,000

Carriage Inward 8,000

Sales 1,64,000

Insurance 8,000

Salaries 8,000

Conveyance 4,000

Bonus to Salesmen 15,000

Land and Building 40,000

Office Computers 40,000

Debtors 45,000

Creditors 48,000

Cash at Bank 20,000

Capital 1,00,000

3,12,000 3,12,000

320/TUS/112A 23 [ P.T.O.

Adjustments :
(i) Stock on 31st March, 2024 was R 52,000
(ii) Prepaid insurance was R 1,200
(iii) Make a provision for Bad and Doubtful Debts @ 5% on Debtors
(iv) Depreciate computers @ 10%

Anydm© E|S> {gñQ>g© Ho$ 31 ‘mM©, 2024 Ho$ ZrMo {XE JE VbnQ> go 31 ‘mM©, 2024 H$mo g‘má
df© Ho$ {bE ì¶mnma Ed§ bm^-hm{Z ImVm ~ZmBE VWm Cgr {V{W H$mo pñW{V {ddaU V¡¶ma H$s{OE :
31 ‘mM©, 2024 H$mo VbnQ>

ImVo H$m Zm‘ Zm‘ eof O‘m eof
(R) (R)

ñQ>m°H$ (01.04.2023) 44,000

H«$¶ 80,000

^m‹S>m AmdH$ 8,000

{dH«$¶ 1,64,000

~r‘m 8,000

doVZ 8,000

n[adhZ 4,000

{dH«$¶H$Vm©Am| H$mo ~moZg 15,000

^y{‘ Ed§ ^dZ 40,000

H$m¶m©b¶r H$å߶yQ>a 40,000

XoZXma 45,000

boZXma 48,000

~¢H$ ‘| amoH$‹S> 20,000

ny±Or 1,00,000

3,12,000 3,12,000

g‘m¶moOZ :
(i) 31 ‘mM©, 2024 H$mo ñQ>m°H$ R 52,000 ‘yë¶ H$m Wm
(ii) nyd©XÎm ~r‘m R 1,200 Wm
(iii) XoZXmam| na 5% go Aàm߶ Ed§ g§{X½Y G$Um| Ho$ {bE àmdYmZ H$s{OE
(iv) H$å߶yQ>am| na 10% go õmg bJmZm h¡

320/TUS/112A 24

Following is the Receipts and Payments Account of Rural Wellness
Society (Regd) for the year ending 31st March, 2024. Prepare Income and
Expenditure Account for the year ending 31st March, 2024 and Balance
Sheet as on that date :
Receipts and Payments Account
for the year ending 31st March, 2024
Dr. Cr.

Receipts Amount Payments Amount
(R) (R)

To Balance b/d 42,600 By Honorarium of Doctors 15,000
” Subscriptions 36,000 ” Salary of Nursing Staff 20,000
” Entrance Fees 2,400 ” Maintenance of Dispensary 8,000
” Registration fees from Patients 4,000 ” Office Expenses 16,000
” Donations 35,000 ” Expenses on Workshop
” Grant from Block of Volunteers 15,000
Development Board 60,000 ” Conveyance 6,000
” Medicines 30,000
” Publicity 18,000
” Expenses on Free Medical
Check-up Camp 28,000
” Balance c/d 24,000

1,80,000 1,80,000

Additional Information :

(i) On 31st March, 2023, the society had mobile van of R 60,000 and
stock of medicines of R 8,000

(ii) On 31st March, 2024, subscription outstanding was R 3,000

320/TUS/112A 25 [ P.T.O.

31 ‘mM©, 2024 H$mo g‘má df© Ho$ {bE ê$ab dobZog gmogmBQ>r (n§Or0) H$m àm{á Ed§ ^wJVmZ ImVm
{ZåZ h¡& 31 ‘mM©, 2024 H$mo g‘má df© Ho$ {bE Am¶ Ed§ 춶 ImVm ~ZmBE VWm Bgr {V{W H$mo
pñW{V {ddaU V¡¶ma H$s{OE :
àm{á Ed§ ^wJVmZ ImVm
Zm‘ 31 ‘mM©, 2024 H$mo g‘má df© Ho$ {bE O‘m

àm{á¶m± am{e ^wJVmZ am{e
(R) (R)

eof Am0 bm0 42,600 S>m°³Q>am| H$m ‘mZXo¶ 15,000

M§Xm 36,000 Z{gªJ ñQ>m’$ H$m doVZ 20,000

àdoe ewëH$ 2,400 {S>ñn|gar H$m aI-aImd 8,000

‘arOm| H$m n§OrH$aU ewëH$ 4,000 H$m¶m©b¶r 춶 16,000

XmZ am{e 35,000 dm°bpÝQ>¶am| H$m H$m¶©embm 춶 15,000

ãbm°H$ {dH$mg ~moS>© go AZwXmZ 60,000 n[adhZ 춶 6,000

XdmB¶m± 30,000

àMma 춶 18,000

‘wâV ñdmñ϶ Om±M {e{da na 춶 28,000

eof Am0 bo0 24,000

1,80,000 1,80,000

A{V[aº$ gyMZm :
(i) 31 ‘mM©, 2023 H$mo gmogmBQ>r Ho$ nmg R 60,000 H$s ‘mo~mBb d¡Z Am¡a R 8,000 H$m
XdmB¶m| H$m ñQ>m°H$ Wm
(ii) 31 ‘mM©, 2024 H$mo AXÎm M§Xm R 3,000 Wm

320/TUS/112A 26

35. Kaira and Rakhee are partners in a firm sharing profits in the ratio of 3 : 2.
Their Balance Sheet as on 31st March, 2024 was as follows :
Balance Sheet of Kaira and Rakhee
as on 31st March, 2024

Liabilities Amount Assets Amount
(R) (R)

Trade Payables 64,000 Cash at Bank 23,000
General Reserve 45,000 Debtors 42,000
Capitals : Stock 45,000
Kaira 75,000 Building 60,000
Rakhee 50,000 Furniture 24,000
Office Computer 40,000
2,34,000 2,34,000
1
On the above date, Rashmi was admitted as a partner with th share in
5
profits. The terms agreed upon were as follows :
(i) Rashmi will bring R 50,000 as her capital and R 25,000 as her share
of goodwill premium
(ii) Stock was valued at R 52,000 and Building at R 68,000
(iii) Depreciation to be provided on Furniture @ 10%
Prepare Revaluation Account, Partners’ Capital Accounts and Balance
Sheet of the new firm. 5

H¡$¶am Am¡a amIr EH$ ’$‘© ‘| gmPrXma h¢, bm^ H$m Am~§Q>Z 3 : 2 ‘| H$aVr h¢& 31 ‘mM©, 2024
H$mo CZH$m pñW{V {ddaU {ZåZ Wm :
H¡$¶am Ed§ amIr H$m pñW{V {ddaU
31 ‘mM©, 2024 H$mo

Xo¶VmE± am{e (R) gån{Îm¶m± am{e (R)
ì¶mnma Xo¶ 64,000 ~¢H$ ‘| amoH$‹S> 23,000
gm‘mݶ g§M¶ 45,000 XoZXma 42,000
ny±Or : ñQ>m°H$ 45,000
H¡$¶am 75,000 ^dZ 60,000
amIr 50,000 ’$ZuMa 24,000
H$m¶m©b¶r H$å߶yQ>a 40,000

2,34,000 2,34,000

320/TUS/112A 27 [ P.T.O.

1
Cgr {V{W H$mo apí‘ H$mo bm^ ‘| 5 ^mJ Ho$ {bE gmPoXma ~Zm¶m J¶m& {ZåZ eVm] na gh‘{V hþB© :
(i) apí‘ R 50,000 AnZr ny±Or Am¡a R 25,000 AnZo ^mJ H$s »¶m{V àr{‘¶‘ Ho$ bmEJr
(ii) ñQ>m°H$ H$m ‘yë¶ R 52,000 VWm ^dZ H$m ‘yë¶ R 68,000 Am±H$m J¶m
(iii) ’$ZuMa na 10% H$s Xa go õmg bJmZm h¡
nwZ‘y©ë¶m§H$Z ImVm, gmPoXmam| Ho$ ny±Or ImVo VWm ZB© ’$‘© H$m pñW{V {ddaU ~ZmBE&

Ranveer and Karan were partners in a firm sharing profits in the ratio of
3 : 2. Their Balance Sheet as on 31st March, 2024 was as follows :
Balance Sheet of Ranveer and Karan
as on 31st March, 2024

Liabilities Amount Assets Amount
(R) (R)

Sundry Creditors 42,000 Cash at Bank 26,000
General Reserve 30,000 Sundry Debtors 40,000
Capitals : Stock 45,000
Ranveer 54,000 Investments 36,000
Karan 48,000 Sundry Fixed Assets 58,000
Ranveer’s Mother’s Loan 46,000 Profit and Loss A/c 15,000
2,20,000 2,20,000

On the above date, the firm was dissolved. The realization of assets and
settlement of liabilities was as follows :
Realization from Assets :
(i) Sundry Debtors—R 36,000
(ii) Stock—R 48,000
(iii) Investments—R 40,000
(iv) Fixed Assets—R 52,000
Settlement of Liabilities :
(i) Creditors were paid in full settlement—R 40,000
(ii) Ranveer agreed to pay his Mother’s loan
Realization expenses were R 3,500
Prepare Realization Account, Partners’ Capital Accounts and Bank Account.

320/TUS/112A 28

aZdra Am¡a H$aU EH$ ’$‘© ‘| gmPoXma Wo VWm bm^ H$m Am~§Q>Z 3 : 2 Ho$ AZwnmV ‘| H$a aho Wo&
31 ‘mM©, 2024 H$mo CZH$m pñW{V {ddaU {ZåZ Wm :
aZdra Ed§ H$aU H$m pñW{V {ddaU 31 ‘mM©, 2024 H$mo
Xo¶VmE± am{e (R) n[agån{Îm¶m± am{e (R)

{d{^Þ boZXma 42,000 ~¢H$ ‘| amoH$‹S> 26,000
gm‘mݶ g§M¶ 30,000 {d{^Þ XoZXma 40,000
ny±Or : ñQ>m°H$ 45,000
aZdra 54,000 {d{Z¶moJ 36,000
H$aU 48,000 {d{^Þ ñWmB© gån{Îm¶m± 58,000
aZdra H$s ‘m± H$m G$U 46,000 bm^-hm{Z ImVm 15,000
2,20,000 2,20,000

Cnamoº$ {V{W H$mo ’$‘© H$m g‘mnZ H$a {X¶m J¶m& gån{Îm¶m| go dgybr Am¡a Xo¶VmAm| H$m {ZnQ>mZ
Bg àH$ma Wm :
gån{Îm¶m| go dgybr :
(i) {d{^Þ XoZXma—R 36,000
(ii) ñQ>m°H$—R 48,000
(iii) {d{Z¶moJ—R 40,000
(iv) ñWmB© gån{Îm¶m±—R 52,000

Xo¶VmAm| H$m {ZnQ>mZ :
(i) Xo¶VmAm| H$mo R 40,000 H$m ^wJVmZ H$a nyU© {ZnQ>mZ {H$¶m J¶m
(ii) aZdra AnZr ‘m± Ho$ G$U Ho$ ^wJVmZ Ho$ {bE gh‘V hmo J¶m

dgybr 춶—R 3,500
dgybr ImVm, gmPoXmam| Ho$ ny±Or ImVo Am¡a ~¢H$ ImVm ~ZmBE&
36. VB Aeronautics Ltd. was registered with 10000 shares of R 100 each. The
company offered to public for subscription its 5000 shares of R 100 each
at par. The amount was payable as follows :
On Application—R 30 per share
On Allotment—R 40 per share
On First and Final Call—R 30 per share
Applications were received for 6000 shares. Shares were allotted to all
applicants on pro rata basis. Excess application money was adjusted

320/TUS/112A 29 [ P.T.O.

towards sum due on allotment. All calls were made and money was duly
received except on 400 shares held by Ammu Kabadi, on which call money
was not received. All these shares were forfeited.
Pass Journal Entries in the books of the company for the above
transactions. 5

dr0 ~r0 E¶amoZm°{Q>³g {b0 H$m n§Or¶Z R 100 à{V Ho$ 10000 A§em| Ho$ gmW {H$¶m J¶m& H$ånZr
Zo R 100 à{V Ho$ 5000 A§e g‘‘yë¶ na OZgmYmaU H$mo A{^XmZ hoVw àñVm{dV {H$¶m& am{e H$m
^wJVmZ {ZåZ àH$ma go {H$¶m OmZm Wm …
AmdoXZ na—R 30 à{V A§e
Am~§Q>Z na—R 40 à{V A§e
àW‘ Ed§ ApÝV‘ ¶mMZm na—R 30 à{V A§e
6000 A§em| Ho$ {bE AmdoXZ àmá hþE& A§em| H$m Am~§Q>Z g^r AmdoXH$m| H$mo AmZwnm{VH$ AmYma na {H$¶m
J¶m& AmdoXZ na àmá Am{Y³¶ am{e H$mo Am§~Q>Z na Xo¶ am{e ‘| g‘m¶mo{OV H$a {X¶m J¶m& g^r ¶mMZm am{e
‘m±J br JB© VWm am{e ¶WmdV² àmá hmo JB©& Aå‘y H$~mS>r Ho$ 400 A§em| na ¶mMZm am{e àmá Zht hþB©& BZ
A§em| H$mo OãV H$a {b¶m J¶m&
Cn¶w©º$ boZXoZm| H$s H$ånZr H$s boIm nwñVH$m| ‘| amoOZm‘Mm à{d{ï>¶m± H$s{OE&

Pass Journal Entries in the following cases :
(i) Company issued its 200 shares of R 100 each at a premium of R 20
each to vendors
(ii) Company issued its 400 shares of R 100 each to promoters for their
services
(iii) 150 shares of R 100 each forfeited for non-payment of first and final
call of R 30 per share, 100 of these shares were reissued at a
discount of R 40 per share

{ZåZ H$s amoOZm‘Mm à{d{ï>¶m± H$s{OE :
(i) H$ånZr Zo AnZo R 100 à{V Ho$ 200 A§e R 20 à{V A§e àr{‘¶‘ na AnZo doÝS>am| H$mo
{ZJ©{‘V {H$E
(ii) R 100 à{V Ho$ 400 A§e H$ånZr Zo AnZo àdV©H$m| H$mo CZH$s godmAm| Ho$ ~Xbo {ZJ©{‘V {H$E
(iii) R 100 à{V Ho$ 150 A§em| H$mo R 30 H$s àW‘ Ed§ ApÝV‘ ¶mMZm Ho$ ^wJVmZ Z H$aZo
na OãV H$a {b¶m J¶m& BZ‘| go 100 A§em| H$mo R 40 à{V A§e ~Å>o> na nwZ…{ZJ©{‘V H$a
{X¶m J¶m

320/TUS/112A 30

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

37. Ratios are regarded as _____ of a business organization.

(A) test of earning capacity

(B) financial soundness

(C) operating efficiency

(D) accounts properly maintained
Which of the above is not correct? 1

AZwnmVm| H$mo EH$ ì¶mdgm{¶H$ g§JR>Z H$s/Ho$ _____ ‘mZm OmVm h¡&
(A) AO©Z-j‘Vm H$m narjU
(B) {dÎmr¶ gwÑ‹T>Vm
(C) n[aMmbZ Hw$ebVm
(D) ImVm| H$m ghr ê$n ‘| aIaImd
Cn¶w©º$ ‘| go H$m¡Z-gm ghr Zht h¡?

What is correct regarding liquid ratio?
(A) It is a ratio between Current Assets and Current Liabilities
(B) It is a ratio between Liquid Assets and Sundry Creditors
(C) It is a ratio between Quick Assets and Current Liabilities
(D) It is a ratio between Liquid Assets and Fixed Assets

320/TUS/112A 31 [ P.T.O.

VabVm AZwnmV Ho$ gå~ÝY ‘| ³¶m ghr h¡?
(A) ¶h Mmby gån{Îm¶m| Am¡a Mmby Xo¶VmAm| Ho$ ~rM AZwnmV h¡
(B) ¶h Vab gån{Îm¶mo| Am¡a {d{dY boZXmam| Ho$ ~rM AZwnmV h¡
(C) ¶h Ëd[aV gån{Îm¶m| Am¡a Mmby Xo¶VmAm| Ho$ ~rM AZwnmV h¡
(D) ¶h Vab gån{Îm¶m| Am¡a ñWmB© gån{Îm¶m| Ho$ ~rM AZwnmV h¡

38. Which of the following is an example of cash flow from operating activities? 1
(A) Interest received (B) Dividend received
(C) Issue of shares (D) Cash sales

{ZåZ ‘| go H$m¡Z-gm n[aMmbZ {H«$¶mAm| go amoH$‹S> àdmh H$m CXmhaU h¡?
(A) ã¶mO àmá {H$¶m (B) bm^m§e àmá {H$¶m
(C) A§em| H$m {ZJ©‘Z (D) ZH$X {dH«$¶
Which of the following will increase outflow of financial activities?
(A) Cash purchase of goods
(B) Purchase of government bonds
(C) Payment of dividends to shareholders
(D) Cash paid to suppliers

{ZåZ ‘| go H$m¡Z-gm {dÎmr¶ {H«$¶mAm| Ho$ ~{hdm©h ‘| d¥{Õ H$aoJm?
(A) ‘mb H$m ZH$X H«$¶
(B) gaH$mar ~m°ÝS> H$m H«$¶
(C) A§eYmaH$m| H$mo bm^m§e H$m ^wJVmZ
(D) Amny{V©H$Vm©Am| H$mo ^wJVmZ

39. Cash flow statement shows
(A) cash receipts only
(B) cash payments only
(C) both cash receipts and cash payments
(D) None of the above 1

320/TUS/112A 32

amoH$‹S> àdmh {ddaU Xem©Vm h¡
(A) Ho$db amoH$‹S> àm{á¶m±
(B) Ho$db amoH$‹S> ^wJVmZ
(C) amoH$‹S> àm{á Am¡a ^wJVmZ
(D) Cn¶w©º$ ‘| go H$moB© Zht

To judge the short-term solvency of a firm, the ratio used is
(A) inventory turnover ratio (B) debt-equity ratio
(C) liquid ratio (D) current ratio

{H$gr ’$‘© H$s AënH$m{bH$ emoYZ-j‘Vm H$m AmH$bZ H$aZo Ho$ {bE _____ AZwnmV H$m à¶moJ {H$¶m
OmVm h¡&
(A) ah{V¶m AmdV© AZwnmV (B) G$U-g‘Vm AZwnmV
(C) Ëd[aV AZwnmV (D) Mmby AZwnmV

40. Which of the following organizations prepares cash flow statement? 1
(A) Partnership firms (B) Not-for-profit organizations
(C) Listed companies (D) Private Ltd. companies

{ZåZ ‘| go H$m¡Z-gm g§JR>Z amoH$‹S> àdmh {ddaU V¡¶ma H$aVm h¡?
(A) gmPoXmar ’$‘© (B) Abm^H$mar g§JR>Z
(C) gyMr~Õ H$ån{Z¶m± (D) {ZOr H$ån{Z¶m±

If provision for taxation for 2023–24 was R 30,000 and for 2022–23 was
R 20,000, while provision for taxation charged to statement of profit and
loss for 2023–24 was R 50,000, cash used is
(A) R 10,000 (B) R 30,000
(C) R 40,000 (D) R 50,000

320/TUS/112A 33 [ P.T.O.

¶{X 2023–24 Ho$ {bE H$a H$m àmdYmZ R 30,000 Wm Am¡a 2022–23 Ho$ {bE R 20,000,
2023–24 Ho$ bm^-hm{Z {ddaU ‘| {bIo JE H$a Ho$ {bE àmdYmZ R 50,000 Wm, Vmo Cn¶moJ {H$¶m
hþAm amoH$‹S> h¡
(A) R 10,000 (B) R 30,000
(C) R 40,000 (D) R 50,000

41. Liquid Ratio is 1·5 : 1
Current Assets—R 54,000
Current Liabilities—R 30,000
Closing Stock will be
(A) R 4,000 (B) R 5,000
(C) R 9,000 (D) R 10,000 1

Ëd[aV AZwnmV 1·5 : 1 h¡
Mmby gån{Îm¶m±—R 54,000
Mmby Xo¶VmE±—R 30,000
ApÝV‘ ñQ>m°H$ hmoJm
(A) R 4,000 (B) R 5,000
(C) R 9,000 (D) R 10,000

Which will not increase the cash flow from investing activities?
(A) Dividend received (B) Profit on sale of fixed assets
(C) Proceeds from sale of fixed assets (D) Issue of debentures

{ZåZ ‘| go H$m¡Z-gm {d{Z¶moJ {H«$¶mAm| go amoH$‹S> àdmh ‘| d¥{Õ Zht H$aoJm?
(A) bm^m§e àmá hþAm (B) ñWmB© gån{Îm¶m| H$s {~H«$s go bm^
(C) ñWmB© gån{Îm¶m| Ho$ {dH«$¶ go àm{á (D) G$UnÌm| H$m {ZJ©‘Z

42. Cost of goods sold is R 4,20,000. Stock turnover ratio is 6 times. Closing
stock is R 20,000 more than the opening stock, opening stock will be
(A) R 20,000 (B) R 30,000
(C) R 40,000 (D) R 60,000 1

320/TUS/112A 34

~oMo JE ‘mb H$s bmJV R 4,20,000 h¡& ñQ>m°H$ AmdV© AZwnmV 6 JwZm h¡& ApÝV‘ ñQ>m°H$, Amapå^H$
ñQ>m°H$ go R 20,000 A{YH$ h¡, Amapå^H$ ñQ>m°H$ hmoJm
(A) R 20,000 (B) R 30,000
(C) R 40,000 (D) R 60,000

43. Complete the following sentences (any two) : 1×2=2
(a) Proprietary ratio is calculated dividing shareholders’ funds by _____.
(b) Effect of decrease in inventories on cash flow from operating activities
is that it amounts to _____.
(c) Cash flows are classified into operating activities, investing activities
and _____.

{ZåZ dm³¶m| H$mo nyam H$s{OE (H$moB© Xmo) :
(H$) ñdm{‘Ëd AZwnmV H$s JUZm A§eYmaH$ H$mof H$mo {Oggo ^mJ XoZo go H$s OmVr h¡,
dh _____ h¡&
(I) ñQ>m°H$ ‘| H$‘r, n[aMmbZ {H«$¶mAm| go amoH$‹S> àdmh H$mo Bg àH$ma à^m{dV H$aVm h¡ {H$ BgH$m
n[aUm‘ _____ {ZH$bVm h¡&
(J) amoH$‹S> àdmh H$mo àMmbZ J{V{d{Y¶m|, {Zdoe J{V{d{Y¶m| VWm _____ ‘| dJuH¥$V {H$¶m OmVm h¡&

44. What is meant by inventory turnover ratio? State its significance. 2
ah{V¶m AmdV© AZwnmV H$m ³¶m AW© h¡? BgHo$ ‘hÎd H$mo g‘PmBE&

What is meant by ‘inflow of cash’ and ‘outflow of cash’? Give one example
of each, i.e., inflow and outflow of cash.
"amoH$‹S> Ho$ AÝVdm©h' Am¡a "amoH$‹S> Ho$ ~{hdm©h' H$m ³¶m AW© h¡? amoH$‹S> Ho$ AÝVdm©h Am¡a amoH$‹S> Ho$
~{hdm©h H$m EH$-EH$ CXmhaU Xr{OE&

45. Calculate Debt-Equity Ratio from the following information : 2
Share Capital—R 1,50,000
General Reserve—R 60,000
Accumulated Profit—R 40,000
Debentures—R 75,000
Creditors—R 25,000

320/TUS/112A 35 [ P.T.O.

{ZåZ gyMZm go G$U-g‘Vm AZwnmV H$s JUZm H$s{OE :
A§e ny±Or—R 1,50,000
gm‘mݶ g§M¶—R 60,000
g§{MV bm^—R 40,000
G$UnÌ—R 75,000
boZXma—R 25,000

From the following information, calculate cash from financing activities :

Particulars 31st March, 2023 31st March, 2024
( R) ( R)
Equity Share Capital 4,00,000 5,00,000
10% Loan on Mortgage 2,50,000 2,00,000
Securities Premium 60,000 75,000

Additional Information :
Interest paid on loan—R 25,000

{ZåZ gyMZm go {dÎmr¶ {H«$¶mAm| go amoH$‹S> àdmh H$s JUZm H$s{OE :
{ddaU 31 ‘mM©, 2023 31 ‘mM©, 2024
( R) ( R)
g‘Vm A§e ny±Or 4,00,000 5,00,000
10% ~§YH$ G$U 2,50,000 2,00,000
à{V^y{V àr{‘¶‘ 60,000 75,000

A{V[aº$ gyMZm :
G$U na ã¶mO ^wJVmZ—R 25,000

46. What is meant by liquid ratio? Explain its significance. 3
VabVm AZwnmV H$m ³¶m AW© h¡? BgHo$ ‘hÎd H$mo g‘PmBE&

What is current ratio? Write any four items of current assets one of the two
components of current ratio.
Mmby AZwnmV {H$go H$hVo h¢? Mmby AZwnmV Ho$ XmoZm| KQ>H$m| ‘| go EH$ KQ>H$, Mmby gån{Îm¶m| H$s Mma
‘Xm| Ho$ Zm‘ Xr{OE&

320/TUS/112A 36

47. From the following Balance Sheets of SK Startups Ltd. as on 31st
March, 2023 and 31st March, 2024, prepare Cash Flow Statement : 5

Balance Sheets of SK Startups Ltd.

Particulars Note 31.3.2024 31.3.2023
No. ( R) ( R)

I. Equity and Liabilities :
1. Shareholders’ Funds :
(a) Share Capital 6,00,000 5,00,000
(b) Reserves and Surplus 3,00,000 2,00,000
(as per statement of profit and loss)

2. Non-Current Liabilities :
Bank Loan 1,20,000 1,50,000

3. Current Liabilities :
Trade Payables 80,000 1,00,000

Total 11,00,000 9,50,000

Particulars Note 31.3.2024 31.3.2023
No. ( R) ( R)

II. Assets :
1. Non-Current Assets :
(a) Tangible 8,00,000 6,00,000
(b) Intangible :
Goodwill 1,00,000 1,50,000

2. Current Assets :
(a) Trade Receivables 60,000 40,000
(b) Inventories 65,000 80,000
(c) Cash and Cash Equivalents 75,000 80,000

Total 11,00,000 9,50,000

Additional Information :
Depreciation provided on Fixed Assets was R 60,000

320/TUS/112A 37 [ P.T.O.

Eg0 Ho$0 ñQ>mQ>©Aßg {b0 Ho$ 31 ‘mM©, 2023 Am¡a 31 ‘mM©, 2024 Ho$ ZrMo {XE JE pñW{V {ddaUm|
go amoH$‹S> àdmh {ddaU ~ZmBE :
Eg0 Ho$0 ñQ>mQ>©Aßg {b0> Ho$ pñW{V {ddaU
{ddaU ZmoQ> 31.3.2024 31.3.2023
g§0 ( R) ( R)

I. g‘Vm Ed§ Xo¶VmE± :
1. A§eYmaH$ H$m H$mof :
(H$) A§e ny±Or 6,00,000 5,00,000
(I) g§M¶ Ed§ Am{Y³¶
(bm^-hm{Z {ddaU na AmYm[aV) 3,00,000 2,00,000
2. J¡a-Mmby Xo¶VmE± :
~¢H$ G$U 1,20,000 1,50,000
3. Mmby Xo¶VmE± :
ì¶mnma Xo¶ 80,000 1,00,000

Hw$b 11,00,000 9,50,000

{ddaU ZmoQ> 31.3.2024 31.3.2023
g§0 ( R) ( R)

II. gån{Îm¶m± :
1. J¡a-Mmby gån{Îm¶m± :
(H$) ‘yV© 8,00,000 6,00,000
(I) A‘yV©
Ȧm{V 1,00,000 1,50,000

2. Mmby gån{Îm¶m± :
(H$) ì¶mnma àm߶ 60,000 40,000
(I) ah{V¶m$ 65,000 80,000
(J) amoH$‹S> Ed§ amoH$‹S> Vwë¶ 75,000 80,000

Hw$b 11,00,000 9,50,000

A{V[aº$ gyMZm> :
ñWmB© gån{Îm¶m| na õmg R 60,000 bJm¶m J¶m

Explain any five advantages of accounting ratios.
boIm§H$Z AZwnmVm| Ho$ {H$Ýht nm±M bm^m| H$mo g‘PmBE&

320/TUS/112A 38

OPTION–II
{dH$ën>–II
( Application of Computers in Financial Accounting )
( {dÎmr¶ boIm§H$Z ‘| H$å߶yQ>a H$m Cn¶moJ )
37. To change the location of a chart, right click the chart and select
(A) chart type (B) source data
(C) chart options (D) move here 1

EH$ MmQ>© H$m ñWmZ n[adV©Z H$aZo hoVw MmQ>© na amBQ> p³bH$ H$a| VWm MwZ|
(A) MmQ>© Q>mBn (B) gmog© S>mQ>m
(C) MmQ>© Am°ße§g (D) ‘yd {h¶a
To arrive at net amount of salary, which of the following is deducted from
gross salary?
(A) House Rent Allowance (B) Provident Fund
(C) Dearness Allowance (D) All of the above

ewÕ doVZ am{e kmV> H$aZo Ho$ {bE, gH$b doVZ ‘| go {H$gH$mo KQ>m¶m OmVm h¡?
(A) ‘H$mZ {H$am¶m ^Îmm (B) ^{dî¶ {Z{Y
(C) ‘h±JmB© ^Îmm (D) Cn¶w©º$ g^r

38. MS Access is a
(A) Word Processing Software
(B) Presentation Software
(C) Spreadsheet Software
(D) Database Management Software 1

E‘0 Eg0 Eo³gog h¡ EH$
(A) dS>© àmogoqgJ gm°âQ>do¶a
(B) àoO|Q>oeZ gm°âQ>do¶a
(C) ñàoS>erQ> gm°âQ>do¶a
(D) S>mQ>m~og ‘¡ZoO‘|Q> gm°âQ>do¶a

320/TUS/112A 39 [ P.T.O.

Pie charts do not have more than _____ categories.
(A) 7 (B) 10
(C) 20 (D) 25

nmB© MmQ>© ‘| _____ go A{YH$ lo{U¶m± Zht hmoVr h¢&
(A) 7 (B) 10
(C) 20 (D) 25

39. On how many tabs, chart tools are located? 1
(A) 2 (B) 3
(C) 4 (D) 5

MmQ>© Qy>b {H$VZo Q>¡~m| na pñWV hmoVo h¢?
(A) 2 (B) 3
(C) 4 (D) 5

40. The allowance paid to facilitate employee in acquiring residential
accommodation is called
(A) Dearness Allowance
(B) House Loan Instalment Allowance
(C) House Rent Allowance
(D) Leasehold Rent Allowance 1

H$‘©Mm[a¶mo| H$mo CZHo$ ahZo Ho$ {bE Amdmg boZo H$s gw{dYm àXmZ H$aZo hoVw {X¶m OmZo dmbm ^Îmm
H$hbmVm h¡
(A) ‘h±JmB© ^Îmm
(B) ‘H$mZ G$U {H$íV ^Îmm
(C) ‘H$mZ {H$am¶m ^Îmm
(D) nÅ>m{YH¥$V {H$am¶m ^Îmm

320/TUS/112A 40

Which is not a step to copy a chart to Word?
(A) Click copy on the Home tab
(B) Click the Chart title
(C) Go to the Word document
(D) Click paste on the Home tab
EH$ MmQ>© H$mo dS>© na H$m°nr H$aZo hoVw H$m¡Z-gm EH$ MaU Zht h¡?
(A) hmo‘ Q>¡~ na H$m°nr na p³bH$ H$a|
(B) MmQ>© Q>mBQ>b na p³bH$ H$a|
(C) dS>© S>m°³¶w‘oÝQ> na OmE±
(D) hmo‘ Q>¡~ na noñQ> na p³bH$ H$a|

41. For tracking accounting data and critical information, what is the best
solution? 1
(A) Use paper filing system
(B) Use text documents
(C) Use spreadsheets
(D) Use database management system
boIm§H$Z S>mQ>m Am¡a ‘hÎdnyU© gyMZm Q´>¡H$ H$aZo Ho$ {bE, gdm}Îm‘ g‘mYmZ ³¶m h¡?
(A) nona ’$mBqbJ {gñQ>‘ H$m à¶moJ
(B) Q>o³ñQ>> S>m°³¶w‘oÝQ²>g H$m Cn¶moJ
(C) ñàoS>erQ>m| H$m Cn¶moJ
(D) S>mQ>m~og ‘¡ZoO‘|Q> {gñQ>‘ H$m Cn¶moJ

Which may be used to retrieve select data from tables of access database?
(A) Table (B) Query
(C) Form (D) Report
Eo³gog S>mQ>m~og Ho$ Q>o~ëg go MwqZXm S>mQ>m H$s nwZ…àm{á hoVw H$m¡Z-gm à¶moJ {H$¶m OmVm h¡?
(A) Q>o~b (B) ¹o$ar
(C) ’$m°‘© (D) [anmoQ>©

320/TUS/112A 41 [ P.T.O.

42. To determine if there is any relationship between India’s GNP and age, what
will be easier? 1
(A) To go through the records of census
(B) To go through the data collected which is recorded in pages
(C) To prepare chart
(D) None of the above

³¶m ^maV Ho$ gH$b amï´>r¶ CËnmX VWm Am¶w Ho$ ~rM H$moB© gå~ÝY h¡ BgH$m {ZYm©aU H$aZo Ho$ {bE
³¶m AmgmZ hmoJm?
(A) OZJUZm Ho$ Am±H$‹S>m| H$mo I§Jmb|
(B) n¥ð>m| ‘| [aH$m°S>© {H$E JE EH${ÌV S>mQ>m H$mo XoI|
(C) MmQ>© V¡¶ma H$a|
(D) Cn¶w©º$ ‘| go H$moB© Zht

43. Complete the following sentences (any one) : 2
(a) Excel worksheet supports the functions of straight line, _____ and
_____ methods.
(b) Graphs and _____ are pictorial representation of data which has at
least _____ dimensional relationship.

{ZåZ dm³¶m| H$mo nyam H$s{OE (H$moB© EH$) :
(H$) E³gob dH©$erQ> gab aoIm, _____ Am¡a _____ àH$m¶m] H$mo g‘W©Z XoVr h¡&
(I) J«m’$ Am¡a _____ S>mQ>m Ho$ {MÌ‘¶ àñVwVrH$aU h¢ {OZHo$ ݶyZV‘ _____ Am¶m‘r gå~ÝY
hmoVo h¢&

44. What is meant by Payroll Accounting? What objective does it serve? 2
noamob boIm§H$Z H$m ³¶m AW© h¡? ¶h {H$g CÔoí¶ H$mo nyam H$aVm h¡?

What steps are taken to modify the labels and titles?
bo~bm| Am¡a Q>mBQ>bm| H$mo g§emo{YV H$aZo hoVw ³¶m H$X‘ CR>mE OmE±Jo?

320/TUS/112A 42

45. How does use of Charts/Graphs help to explore? 2
MmQ>© Am¡a J«m’$ AÝdofU ‘| {H$g àH$ma go ghm¶H$ hmoVo h¢?

Explain the role of the table and queries as components of
MS Access.
gmaUr Am¡a ³doar H$s E‘0 Eg0 Eo³gog Ho$ KQ>H$m| Ho$ ê$n ‘| ^y{‘H$m g‘PmBE&

46. Enumerate any six items of deductions to made from gross salary. 3
gH$b doVZ ‘| go KQ>mB© OmZo dmbr {H$Ýht N>… ‘Xm| H$s JUZm H$s{OE&

Explain any two advantages of using graphs.
J«m’$ Ho$ Cn¶moJ Ho$ H$moB© Xmo bm^m| H$mo g‘PmBE&

47. State any three items to be added to basic pay and two items to be
deducted from it to arrive at net salary. 5
‘yb doVZ ‘| O‘m H$s OmZo dmbr {H$Ýht VrZ ‘Xm| H$m C„oI H$s{OE Am¡a ewÕ doVZ H$s JUZm Ho$ {bE
Bg‘| go hQ>mB© OmZo dmbr {H$Ýht Xmo ‘Xm| H$m ^r C„oI H$s{OE&

Write the data requirements that are used as a source for database design.
S>mQ>m~og {S>OmBZ Ho$ {bE òmoV Ho$ ê$n ‘| Cn¶moJ ‘| bmB© OmZo dmbr {d{^Þ S>mQ>m Amdí¶H$VmAm| H$mo
{b{IE&

  

320/TUS/112A [24V—400×3] 43