NIOS Class 12 Question Paper 2021 (Jan Feb) Accountancy

This Question Paper consists of 32 [Section-A(22) + Section-B(5+5)] questions and 16 printed pages.
Bg àíZ-nÌ _| 32 àíZ [IÊS> "A' (22) + IÊS> "~' (5+5)] VWm 16 ‘w{ÐV n¥ð> h¢&

Sl. No.
Roll No. Code No. 60/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. 60 / 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 :
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H$s Om±M ^r H$a b| {H$ àíZ H«${‘H$ ê$n ‘| h¢&
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4. AnZr CÎma-nwpñVH$m na àíZ-nÌ H$m H$moS> Z§. 60 / 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&

60/OSS/1-320-A] G-634 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.

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(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 go 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. In the absence of Partnership Deed the profit sharing ratio among the Partners will
be : [1]
(A) Capital Ratio
(B) Equal Ratio
(C) On the basis of time devoted by the partners
(D) On the basis of sales during the year
gmPoXmar gboI Ho$ A^md ‘| gmPoXmam| ‘| bm^ {d^mOZ AZwnmV hmoJm :
(A) ny§Or AZwnmV (B) g‘mZ AZwnmV
(C) gmPoXmam| Ûmam {XE JE g‘¶ Ho$ AmYma na (D) df© ^a Ho$ {dH«$¶ Ho$ AmYma na

2. Goods in hand at the end of the year is called : [1]
(A) Goods purchased during the year(B) Opening Stock
(C) Closing Stock (D) Goods sold during the year
60/OSS/1-320-A] G-634 2
 [ Contd......

df© Ho$ AÝV ‘| hWñV ‘mb H$hbmVm h¡ :
(A) df© ^a ‘| H«$¶ {H$¶m J¶m ‘mb (B) Amapå^H$ ñQ>m°H$
(C) A§{V‘ ñQ>m°H$ (D) df© ^a ‘| {dH«$¶ {H$¶m J¶m ‘mb
3. Out of the following which is the cause of depreciation : [1]
(A) Normal wear and tear
(B) Scrap value
(C) Cost of Assets
(D) Decrease or increase in Market Price of the asset
{ZåZ{b{IV ‘| go ömg H$m H$maU h¡ :-
(A) gm‘mݶ aI aImd (B) gå^m{dV Ad{eîQ> ‘yë¶
(C) gån{Îm H$s bmJV (D) gån{Îm Ho$ ~mOma ‘yë¶ ‘| H$‘r ¶m d¥{Õ
4. Amount received as premium on issue of the shares can be used for : [1]
(A) Issue of fully paid bonus shares
(B) Distribution of dividend among share holders
(C) Transferring to General Reserve
(D) All of the above
A§em| Ho$ {ZJ©‘Z na àr{‘¶‘ Ho$ ê$n ‘| àmßV am{e H$m à¶moJ {H$¶m Om gH$Vm h¡ :
(A) ~moZg A§e {ZJ©{‘V H$aZo Ho$ {bE
(B) A§eYm[a¶m| Ho$ ~rM bm^m§e H$m {dVaU H$aZo Ho$ {bE
(C) gm‘mݶ g§M¶ ‘| hñVm§VaU Ho$ {bE
(D) Cnamo³V g^r Ho$ {bE
5. That part of the authorised capital-which the company offers to public is called :[1]
(A) Subscribed capital (B) Nominal capital
(C) Called-up capital (D) Issued capital
A{YH¥$V ny§Or H$m dh ^mJ Omo H$ånZr Ûmam OZVm H$mo àñVm{dV {H$¶m OmVm h¡, H$hbmVm h¡ :
(A) A{^XmZ ny§Or (B) Zm‘-‘mÌ H$s ny§Or
(C) ¶m{MV ny§Or (D) {ZJ©{‘V ny§Or
6. A company purchased building worth ` 99,00,000. The purchase consideration
was agreed to be paid by equity shares of `1000 each issued at a discount of 10%.
The number of shares issued by the company will be : [1]
(A) 9,900 (B) 9,000
(C) 11,000 (D) 10,000
EH$ H$ånZr Zo ` 99,00,000 ‘yë¶ H$m EH$ ^dZ IarXm& IarX na {dMma H$aZo Ho$ {bE 10% {H$ Nw>Q> na
Omar {H$¶o JE à˶oH$ Ho$ `1000 B{³dQ>r eoAam| Ûmam ^wJVmZ H$aZo na gh‘{V 춳V H$s JB©& H$ånZr Ûmam
{H$¶o JE eoAam| H$s g§»¶m hmoJr :
(A) 9,900 (B) 9,000
(C) 11,000 (D) 10,000
60/OSS/1-320-A] G-634 3
 [ Contd......

7. Out of the following which is not a Provision : [1]
(A) Provision for bad debts on Debtors
(B) Provision for Discount on Debtors
(C) Sinking fund
(D) Provision for Depreciation
{ZåZ{b{IV ‘| go H$m¡Z-gm àmdYmZ Zht h¡ :
(A) XoZXmamo na Aàm߶ F$Um| Ho$ {bE àmdYmZ (B) XoZXmam| na ~Å>o Ho$ {bE àmdYmZ
(C) F$U emoYZ g§M¶ H$mof (D) ömg Ho$ {bE àmdYmZ
8. Single entry system is not suitable for : [1]
(A) a sole trader
(B) a partnership firm
(C) a limited company
(D) both for a sole trader and a partnership firm
EH$mH$s à{d{îQ> àUmbr Cn¶moJr Zht h¡ :
(A) EH$ EH$mH$s ì¶mnmar Ho$ {bE (B) EH$ gmPoXmar ’$‘© Ho$ {bE
(C) EH$ {b{‘Q>oS> H$ånZr Ho$ {bE (D) EH$ EH$mH$s ì¶mnmar Ed§ EH$ gmPoXmar ’$‘© XmoZmo Ho$ {bE
9. A, B and C are partners sharing profits and losses in the ratio of 2:2:1. C retires.
The new profit sharing ratio between A and B will be : [1]
(A) 2:1 (B) 1:1
(C) 3:1 (D) 1:2
A, B VWm C EH$ ’$‘© ‘| gmPoXma h¡ VWm 2:2:1 Ho$ AZwnmV ‘| bm^-hm{Z H$m {d^mOZ H$aVo h¡& C Zo
AdH$me J«hU H$a {b¶m& A Am¡a B H$m Z¶m bm^ {d^mOZ AZwnmV hmoJm :
(A) 2:1 (B) 1:1
(C) 3:1 (D) 1:2
10. Give meaning of the following terms : [3]
a) Subscription
b) Honorarium
c) Specific Donation
{ZåZ{b{IV ‘Xm| H$m AW© Xr{OE :
a) MÝXm
b) ‘mZXo¶
c) {d{eîQ> XmZ

11. Why 'Profit and Loss Appropriation' account is prepared? State. Also pass the
journal entry for transfer of Interest on Drawings and Net Loss to Profit & Loss
Appropriation account. [3]
"bm^-hm{Z {d{Z¶moOZ ImVm' ³¶m| ~Zm¶m OmVm h¡? CëboI H$s{OE& AmhaU na ã¶mO VWm ewÕ hm{Z H$mo
bm^-hm{Z {d{Z¶moOZ ImVo ‘| hñVmÝV[aV H$aZo na amoOZm‘Mm à{d{îQ> ^r H$s{OE&
60/OSS/1-320-A] G-634 4
 [ Contd......

12. Ram, Rahim and Mohan were partners in a firm sharing profit and losses in the
ratio of 7:6:7. Rahim retired and his share was divided equally between Ram and
Mohan. Calculate the new profit sharing ratio of Ram and Mohan. [3]
am‘, ahr‘ Am¡a ‘mohZ EH$ ’$‘© ‘| gmPoXma Wo VWm 7:6:7 Ho$ AZwnmV ‘| bm^-hm{Z H$m {d^mOZ H$a aho Wo&
ahr‘ Zo ’$‘© go AdH$me J«hU H$a {b¶m Am¡a CgHo$ bm^ H$m ^mJ am‘ Am¡a ‘mohZ Zo ~am~a ~m§Q> {b¶m& am‘ Am¡a
‘mohZ H$m Z¶m bm^ {d^mOZ AZwnmV kmV H$s{OE&
13. State any five uses of Single Entry System. [5]
EH$mH$s à{d{îQ> àUmbr Ho$ {H$Ýht nm±M Cn¶moJm| H$m CëboI H$s{OE&
14. On April 1, 2014 A company purchased machinery worth `1,00,000. On October
1st 2016 it purchased additional machinery `20,000 and spent `2,000 on its erections.
The accounts are closed each year on March 31. Assuming the annual depreciation
is to be charged @ 10% p.a. Show the machinery account for 5 year under straight
line method. [5]
1 Aà¡b, 2014 H$mo EH$ H$ånZr Zo EH$ ‘erZ `1,00,000 ‘| IarXr& 1 A³Vy~a, 2016 H$mo EH$ Am¡a
‘erZar `20,000 ‘| IarXr Am¡a `2,000 CgH$s ñWmnZm na IM© {H$E& à˶oH$ df© 31 ‘mM© H$mo ImVo ~§X
{H$E OmVo h¡& ¶h ‘mZVo hþE {H$ ömg H$m dm{f©H$ Xa 10% h¡, gab aoIm nÕ{V go 5 dfm} H$m ‘erZ H$m ImVm
~VmBE&
15. State any five conditions when the court may order a partnership firm to be dissolved.[5]
Eogr nm±M n[apñW{V¶m| H$m CëboI H$s{OE O~ H$moQ>© EH$ gmPoXmar ’$‘© Ho$ {dKQ>Z H$m AmXoe Xo gH$Vr h¡&
16. A, B and C are partners sharing profits and losses in the ratio of 3:2:1. B retires and
on that date goodwill of the firm is valued at `90,000. Goodwill is already appearing
in the books of the firm at `48,000. New profit sharing ratio of A and C is 3:2. Pass
necessary Journal Entries to record the goodwill in the books of the firm at the time
of B's retirement. [5]
A,B VWm C gmPoXma h¢ VWm 3:2:1 Ho$ AZwnmV ‘| bm^-hm{Z H$m {d^mOZ H$aVo h¡& B godm{Zd©V hmoVm h¡ VWm
Cgr {V{W H$mo ’$‘© H$s »¶m{V H$m ‘yë¶m§H$Z `90,000 h¡& `48,000 ‘yë¶ H$s »¶m{V ’$‘© H$s nwñVH$m| ‘| nhbo
go {dÚ‘mZ h¡& A Am¡a C H$m Z¶m bm^-{d^mOZ AZwnmV 3:2 h¡& B H$s godm{Zd¥{V na ’$‘© H$s nwñVH$m| ‘|
»¶m{V H$m boIm H$aZo Ho$ {bE Amdí¶H$ amoOZm‘Mm à{d{îQ>¶m§ H$s{OE&
17. Define Company. Explain any four characteristics of the company. [5]
H$ånZr H$mo n[a^m{fV H$s{OE& H$ånZr H$s {H$Ýht Mma {deofVmAm| H$mo g‘PmBE&
18. A company issued 2,00,000 shares of `10 each at a Premium of Rs. 5 per share,
payable as follows : [5]
on application `4 (including `2 premium) per share
on allotment `8 (including `3 premium) per share
on call `3 per share
60/OSS/1-320-A] G-634 5
 [ Contd......

Applications were received for 2,00,000 shares and allotment was made to all.
Pass necessary journal entries in the books of the company.
EH$ H$ånZr Zo `10 à{V Ho$ 2,00,000 A§e `5 à{V A§e àr{‘¶‘ na {ZJ©{‘V {H$E JE {OZH$m ^wJVmZ {ZåZ
àH$ma go hmoZm Wm :
AmdoXZ na-`4 à{V A§e (`2 àr{‘¶‘ g{hV)
Am~§Q>Z na-`8 à{V A§e (`3 àr{‘¶‘ g{hV)
¶mMZm na-`3 à{V A§e$
2,00,000 A§em| Ho$ {bE àmW©Zm nÌ àmßV hþE VWm g^r H$mo A§em| H$m Am~§Q>Z H$a {X¶m J¶m& H$ånZr H$s
nwñVH$m| ‘| Amdí¶H$ amoOZm‘Mm à{d{îQ>¶m± H$s{OE&
19. Ashian Co. Ltd. forfeited 200 shares of `10 each originally issued at a premium of
`4 per share to be received at the time of allotment. Ramesh the holder of these
shares paid `3 per share on application but failed to pay the allotment money of `7
per share including premium and call money of `4 per share. Make necessary
journal entries for forfeiture and re-issue of these shares if shares are : [6]
a) re-issued at `10 per share
b) re-issued at `8 per share
c) re-issued at `12 per share
E{e¶Z H$ånZr {b. Zo `10 à˶oH$ Ho$ 200 A§em| H$mo OãV H$a {X¶m& {OÝh| `4 à{V A§e àr{‘¶‘ na Omar
{H$¶m J¶m Wm& ¶h àr{‘¶‘ am{e Am~§Q>Z Ho$ g‘¶ àmßV H$s OmZr Wr& a‘oe Zo Omo BZ A§em| H$m YmaH$ Wm `3
à{V A§e AmdoXZ na ^wJVmZ {H$E bo{H$Z dh `7 à{V A§e (àr{‘¶‘ g{hV) Am~§Q>Z am{e VWm `4 à{V A§e
¶mMZm am{e H$m ^wJVmZ H$aZo ‘| Ag’$b ahm& BZ A§em| H$mo OãV H$aZo VWm CZHo$ nwZ{Z©J©‘Z H$s amoµOZm‘Mm
à{d{îQ>¶m± H$ao ¶{X BZHo$ A§em| H$mo -
a) `10 à{V A§e na nwZ…{ZJ©{‘V {H$¶m OmE&
b) `8 à{V A§e na nwZ…{ZJ©{‘V {H$¶m OmE&
c) `12 à{V A§e na nwZ…{ZJ©{‘V {H$¶m OmE&
20. R Ltd. invited applications for 2,00,000 9% Debentures `500 each on 1st June
2017, at a premium of 10% payable `200 - on application (including premium) and
balance on allotment. Applications were received for 3,00,000 9% Debentures and
the allotment was made on pro rata basis. Excess debenture application money
received was adjusted towards allotment. The remaining money due on allotment
was received. Pass necessary journal entries regarding issue of Debentures in the
books of the company. [6]
R {b{‘Q>oS> Zo 1 OyZ 2017 H$mo `500 à{V F$UnÌ Ho$ 2,00,000 9% F$UnÌm| H$mo 10% àr{‘¶‘ na
{ZJ©{‘V H$aZo {bE àmW©Zm nÌ Am‘§{ÌV {H$E, {OZH$m ^wJVmZ `200 à{V F$UnÌ AmdoXZ na (àr{‘¶‘ g{hV)
Am¡a eof Am~§Q>Z na {H$¶m OmZm Wm& 3,00,000 9% F$UnÌm| Ho$ {bE AmdoXZ àmßV hþE Am¡a Am~§Q>Z
AZwnm{VH$ AmYma na {H$¶m J¶m& F$UnÌ AmdoXZ na àmßV A{Y³¶ am{e H$m g‘m¶moOZ Am~§Q>Z ‘| H$a {X¶m
J¶m& Am~§Q>Z na Xo¶ eof am{e àmßV hmo JB©& H$ånZr H$s nwñVH$m| ‘| F$UnÌm| Ho$ {ZJ©‘Z H$s Amdí¶H$
amoOZm‘Mm à{d{îQ>¶m± H$s{OE&

60/OSS/1-320-A] G-634 6
 [ Contd......

21. From the following Trial Balance of Mr. Aman prepare Trading and Profit and
Loss A/c for the year ending 31st March, 2019 and Balance Sheet as on that date.[10]
Trial Balance
Name of Accounts Dr. Cr.
Balance Balance
` `
Drawings 5,275
Bill Receivable 4,750
Machinery 14,400
Debtors (including X for Dishonoured bill `1,000) 30,000
Wages 20,485
Returns inwards 2,390
Purchases 1,28,295
Rent 2,810
Stock 1.1.2019 44,840
Salaries 5,500
Trading Exp. 945
Insurance 200
Cash 9,750
Repairs 1,685
Interest on loan 500
Discount allowed 2,435
Bad Debts 1,810
Furniture 4,480
Capital 59,700
Loan on 1.1.2019 @ 8% 10,000
Commission 2,820
Creditors 29,815
Sales 1,78,215
2,80,550 2,80,550
The following adjustments are to be made.
a) Stock on 31st March, 2019 was `64,480.
b) Half the amount of X's Bill is irrecoverable.
c) Create a Provision of 5% on other Debtors.
d) Wages includes `600 for erection of New Machinery.
e) Depreciate Machinery by 5% and furniture by 10%.
f) Commission includes `300 being commission received in advance.

60/OSS/1-320-A] G-634 7
 [ Contd......

lr A‘Z Ho$ {ZåZ{b{IV VbnQ> go 31 ‘mM©, 2019 H$mo g‘mßV hmoZo dmbo df© Ho$ {bE ì¶mnm[aH$ VWm bm^ d
hm{Z ImVo VWm Cgr {V{W H$mo pñW{V {ddaU ~ZmBE&
VbnQ>
ImVo H$m Zm‘ Zm‘eof O‘meof
` `
AmhaU 5, 275
àm߶ {~b 4,750
‘erZar 14,400
XoZXma (X H$m AZmX[aV {~b `1,000 H$m em{‘b h¡) 30,000
‘OXÿar 20,485
{dH«$¶ dmngr 2,390
H«$¶ 1,28,295
{H$am¶m$ 2,810
ñQ>m°H$ (1.1.2019) 44,840
doVZ 5,500
¶mÌm IM} 945
~r‘m 200
amoH$‹S> 9,750
‘aå‘V 1,685
F$U na ã¶mO 500
Xr JB© Ny>Q> 2,435
Aàm߶ F$U 1,810
’$ZuMa 4,480
ny±Or 59,700
8% na F$U (1.1.2019) 10,000
H$‘reZ 2,820
boZXma 29,815
{dH«$¶ 1,78,215
2,80,550 2,80,550
{ZåZ{b{IV g‘m¶moOZmE± H$s OmZr h¡ :
a) 31 ‘mM©, 2019 H$mo ñQ>m°H$ `64,480 Wm&
b) X Ho$ AmYo {~b H$s am{e Aàm߶ h¡&
c) Aݶ XoZXmam| na 5% àmdYmZ ~ZmZm h¡&
d) ‘OXÿar ‘| `600, ZB© ‘erZar H$s ñWmnZm H$s ‘OXÿar gpå‘{bV h¡&
e) ‘erZar na 5% VWm ’$ZuMa na 10% ömg bJmZm h¡&
f) H$‘reZ ‘| `300, A{J«‘ àmßV H$‘reZ Ho$ gpå‘{bV h¢&
OR/AWdm
60/OSS/1-320-A] G-634 8
 [ Contd......

a) How would the following items will be shown in Income and Expenditure
account:
i) Rent paid in the current year `1,000.
ii) Rent due in current year `200.
iii) Rent paid last year for this year `300.
iv) Rent due for last year, paid in this year `500.
v) Advance rent paid for next year in this year `400.
b) Calculate the amount of subscriptions to be shown in Income and Expenditure
account from the following information for the year ended 31st March, 2013.
i) Subscription received during 2013 `10,000.
ii) Subscription due for 2012 received in 2013 `2,000.
iii) Subscription received in 2012 for 2013 `400.
iv) Subscription received in 2013 for 2014 `600.
v) Subscription due for 2013 `1,000.
a) {ZåZ{b{IV ‘Xm| H$mo Am¶-춶 ImVo ‘| {H$g àH$ma Xem©¶m OmEJm :
i) dV©‘mZ df© ‘| {H$amE H$m ^wJVmZ `1,000
ii) dV©‘mZ df© ‘| AXÎm {H$am¶m `200
iii) {nN>bo df© ‘| dV©‘mZ df© Ho$ {bE {H$amE H$m ^wJVmZ `300
iv) {nN>bo df© Xo¶ {H$amE H$m dV©‘mZ df© ‘| ^wJVmZ `500
v) dV©‘mZ df© ‘| AJbo df© Ho$ {bE {H$amE H$m A{J«‘ ^wJVmZ `400
b) {ZåZ{b{IV gyMZmAm| go 31 ‘mM©, 2013 H$mo g‘mßV hmoZo dmbo df© Ho$ Am¶ Ed§ 춶 ImVo ‘| {XImB©
OmZo dmbr MÝXo H$s am{e H$s JUZm H$s{OE :
i) df© 2013 ‘| àmßV MÝXm `10,000
ii) df© 2012 H$m AXÎm MÝXm Omo 2013 ‘| àmßV {H$¶m `2,000
iii) df© 2012 ‘| df© 2013 Ho$ {bE àmßV MÝXm `400
iv) df© 2013 ‘| df© 2014 Ho$ {bE àmßV MÝXm `600
v) df© 2013 Ho$ {bE AXÎm MÝXm `1,000
22. The Balance Sheet of Suneet, Gaurav and Rohini as on 31st March, 2019 was as
under who were sharing profits in the ratio of their capitals. [10]
st
Balance Sheet of Suneet, Gaurav and Rohini as on 31 March, 2019
Liabilities Amount Assets Amount
` `
Creditors 27,000 Machinery 80,000
Bills Payable 13,000 Building 1,10,000
General Reserve 22,000 Debtors 30,000
Capitals : Less : Provision for
Suneet 90,000 Bad debts 1,000 29,000
Gaurav 60,000 Stock 23,000
Rohini 60,000 2,10,000 Cash at Bank 30,000
2,72,000 2,72,000
60/OSS/1-320-A] G-634 9
 [ Contd......

On the above date Gaurav retired from the firm and following adjustments were
made :
a) Building be appreciated by 20%.
b) Provision for Bad Debts is to increased to 5% on Debtors.
c) Value of stock is appreciated by `500.
d) Machinery be depreciated by 10%.
e) Goodwill of the firm is valued at `56,000 and the retiring partner's share is
adjusted.
f) The capital of the new firm is `1,60,000.
Prepare Revaluation Account, Capital accounts of partners.
31 ‘mM©, 2019 H$mo gwZrV, Jm¡ad Am¡a amo{hZr H$m pñW{V {ddaU {ZåZ h¡ Omo bm^ H$m {d^mOZ AnZr ny§Or Ho$
AZwnmV ‘| H$aVo h¡ :
31 ‘mM©, 2019 H$mo gwZrV, Jm¡ad Am¡a amo{hZr H$m pñW{V {ddaU
Xm{¶Ëd am{e n[agån{Îm¶m± am{e
` `
boZXma 27,000 ‘erZar 80,000
Xo¶ {dnÌ 13,000 ^dZ 1,10,000
gm‘mݶ g§M¶ 22,000 XoZXma 30,000
ny§Or : KQ>m : Sy>~V F$U Ho$
gwZrV 90,000 {bE àmdYmZ 1,000 29,000
Jm¡ad 60,000 ñQ>m°H$ 23,000
amohZr 60,000 2,10,000 ~¢H$ ‘o amoH$‹S> 30,000
2,72,000 2,72,000
Cnamo³V {V{W H$mo Jm¡ad ’$‘© go godm{Zd¥V hþAm Ed§ {ZåZ g‘m¶moOZ {H$E JE :
a) ^dZ Ho$ ‘yë¶ ‘| 20% d¥{Õ hþB©&
b) XoZXmam| na Sy>~V F$U Ho$ {bE àmdYmZ ‘| 5% VH$ d¥{Õ H$s OmEJr&
c) ñQ>m°H$ H$m ‘yë¶ `500 ~‹T> J¶m&
d) ‘erZar na 10% ömg bJm¶m OmEJm&
e) ’$‘© H$s »¶m{V H$m ‘yë¶m§H$Z `56,000 {H$¶m J¶m Am¡a godm{Zd¥V gmPoXma H$m ^mJ g‘m¶mo{OV {H$¶m
OmEJm&
f) ZB© ’$‘© H$s ny§Or `1,60,000 {ZYm©[aV H$s JB©&
Jm¡ad H$s godm{Zd¥{V Ho$ CnamÝV nwZ‘©yë¶m§H$Z ImVm Ed§ gmPoXmam| Ho$ ny§Or ImVo ~ZmBE&
OR/AWdm

60/OSS/1-320-A] G-634 10
 [ Contd......

A,B and C were partners sharing profits & losses in the ratio of 2:2:1. They decided
to dissolve the firm on 31st March, 2019. On that date the Balance Sheet was as
follows.
Balance Sheet of A, B and C as on 31st March, 2019
Liabilities Amount Assets Amount
` `
Creditors 20,000 Cash in hand 10,000
Bills Payable 15,000 Debtors 32,000
Mrs. A's loan 19,000 Stock 25,000
C's loan 15,000 Investments 30,000
Capitals : Furniture 21,000
A 60,000 Machinery 30,000
B 50,000 Land 81,000
C 50,000 1,60,000
2,29,000 2,29,000
The following additional information is given.
a) A agreed to take over stock at `18,000 and also agreed to pay Mrs. A's loan.
b) B agreed to take half the debtors for `14,000.
c) C agreed to take half of the investments at `15,000.
d) Remaining debtors realised `10,000 and investments `12,000.
e) The other assets realised as follows : Furniture `10,000, Machinery `20,000
and Land `90,000.
f) Creditors and Bills payable were paid `30,000 in full settlement.
g) Realisation expenses were `2,000.
Prepare Realisation Account.
A, B VWm C gmPoXma Wo Omo bm^m| VWm hm{Z¶m| H$mo 2:2:1 Ho$ AZwnmV ‘| {d^m{OV H$aVo Wo& 31 ‘mM©, 2019
H$mo CÝhm|Zo ’$‘© H$mo {dK{Q>V H$aZo H$m {ZU©¶ {b¶m& Cg {XZ CZH$m pñW{V {ddaU {ZåZ àH$ma go Wm :
31‘mM©, 2019 H$mo A, B VWm C H$m pñW{V {ddaU
Xo¶VmE± am{e(`) gån{Îm¶m§ am{e(`)
boZXma 20,000 amoH$‹S> hñVo 10,000
Xo¶ {dnÌ 15,000 XoZXma 32,000
$lr‘{V A H$m F$U 19,000 ñQ>m°H$ 25,000
C H$m F$U 15,000 {d{Z¶moJ 30,000
ny§Or : ’$ZuMa 21,000
A 60,000 ‘erZar 30,000
B 50,000 ^y{‘ 81,000
C 50,000 1,60,000
2,29,000 2,29,000
60/OSS/1-320-A] G-634 11
 [ Contd......

{ZåZ{b{IV A{V[a³V gyMZmE§ Xr JB© h¢ :
a) A Zo ñQ>m°H$ H$mo `18,000 ‘| boZo VWm lr‘{V A Ho$ F$U H$m ^wJVmZ H$aZo H$s ^r gh‘{V Xr&
b) B AmYo boZXmam| H$mo `14,000 ‘| boZo H$mo gh‘V hþAm&
c) C AmYo {d{Z¶moJm| H$mo `15,000 ‘| boZo H$mo gh‘V hþAm&
d) eof XoZXmam| go `10,000 VWm {d{Z¶moJm| go `12,000 H$s dgybr hþB©&
e) Aݶ gån{Îm¶m| go dgy b r {ZåZ àH$ma hþ B © : ’$ZuMa ` 10,000, ‘erZar ` 20,000 VWm
^y{‘ `90,000
f) boZXmam| VWm Xo¶ {dnÌm| H$mo nyU© {ZnQ>mZ ‘| `30,000 H$m ^wJVmZ {H$¶m J¶m&
g) dgybr 춶 `2,000 Wo&
dgybr ImVm V¡¶ma H$s{OE&
SECTION - B
IÊS> - ~
OPTION - I
{dH$ën - I
(Analysis of Financial Statements)
({dÎmr¶ {ddaUm| H$m {díbofU)

23. What is measured by 'Quick Ratio'? [1]
"Vab AZwnmV' Ûmam ³¶m ‘mnm OmVm h¡?
24. State why are the following parties interested in Analysis of Financial statements :
[3]
a) Tax authorities b) Trade Unions c) Employees
{ZåZ{b{IV nj {dVr¶ {ddaUm| Ho$ {díbofU ‘| ³¶m| ê${M aIVo h¢ CëboI H$s{OE :
a) H$a A{YH$mar b) l{‘H$ g§K c) H$‘©Mmar
25. a) Liquid ratio of X Ltd. is 7:3, its stock is `25,000 and current liabilities are
Rs. 75,000. Calculate current ratio.
b) Current liabilities of a company are `5,60,000 and its current ratio is 5:2 and
its quick ratio 2:1. Calculate the value of stock.
[5]
a) X Ltd. H$m Vab AZwnmV 7:3 h¡ ¶{X BgH$m ñQ>m°H$ `25,000 h¡ VWm BgHo$ Mmby Xm{¶Ëd `75,000
h¡ Vmo Mmby AZwnmV kmV H$s{OE&
b) EH$ H$ånZr H$m Mmby Xm{¶Ëd `5,60,000 h¡, Mmby AZwnmV 5:2 h¡ VWm Vab AZwnmV 2:1 h¡ Vmo ñQ>m°H$
H$m ‘yë¶ kmV H$s{OE&

60/OSS/1-320-A] G-634 12
 [ Contd......

26. Prepare cash flow statement on the basis of the information given in the Balance
Sheets of M.R. Ltd. as at 31st March, 2019 and 31st March, 2018 : [5]
Balance Sheets of M.R. Ltd. as at 31st March, 2019 and 31st March, 2018
Particulars Note 31st March 31st March
No. 2019 2018
(`) (`)
I. Equity and Liabilities
1) Shareholders funds
a) Share capital 4,50,000 4,00,000
b) Reserves and Surplus 1. 1,70,000 1,50,000
2) Current Liabilities
Trade Payables 2,40,000 1,60,000
Total 8,60,000 7,10,000
II. Assets
1) Non-current Assets
Fixed Assets–Tangible Assets 4,60,000 3,10,000
(Land & Building)
2) Current Assets
a) Inventories 1,90,000 1,60,000
b) Trade receivables 1,60,000 1,40,000
c) Cash & Cash Equivalents 50,000 1,00,000
Total 8,60,000 7,10,000
Notes to Accounts
31st March 31st March
2019 2018
(`) (`)
1. Reserves and Surplus
Surplus i.e., Balance in statement
of Profit and Loss 1,70,000 1,50,000

60/OSS/1-320-A] G-634 13
 [ Contd......

M.R. {b. H$m 31 ‘mM©, 2019 VWm 31 ‘mM©, 2018 VH$ H$m pñWVr {ddaU ‘| Xr JB© gyMZm Ho$ AmYma na
amoH$‹S> àdmh {ddaU V¡¶ma H$s{OE&
M.R. {b. H$m 31 ‘mM©, 2019 VWm 31 ‘mM©, 2018 VH$ H$m pñWVr {ddaU
{ddaU ZmoQ> 31 ‘mM© 31 ‘mM©
g§. 2019 2018
(`) (`)
I. g‘Vm Ed§ Xo¶VmE±
1) A§eYmaH$m| H$m H$mof
a) A§e ny±Or 4,50,000 4,00,000
b) g§M¶ Ed§ A{Y³¶ 1. 1,70,000 1,50,000
2) Mmby Xo¶VmE±
ì¶mnma Xo¶ 2,40,000 1,60,000
Hw$b ¶moJ 8,60,000 7,10,000
II. gån{Îm¶m±
1) J¡a Mmby gån{Îm¶m±
ñWm¶r gån{Îm¶m± - ‘yV© gån{V¶m± 4,60,000 3,10,000
(^y{‘ Ed§ ^dZ)
2) Mmby gån{Îm¶m±
a) ah{V¶m 1,90,000 1,60,000
b) ì¶mnma àm߶ 1,60,000 1,40,000
c) amoH$S> Ed§ amoH$S> Vwë¶ 50,000 1,00,000
Hw$b ¶moJ 8,60,000 7,10,000
ImVm| go gå~pÝYV ZmoQ> :
31 ‘mM© 31 ‘mM©
2019 2018
(`) (`)
1. g§M¶ Ed§ A{Y³¶
A{Y³¶ ¶mZr bm^ Ed§ hm{Z Ho$ {ddaU ‘| g§VwbZ 1,70,000 1,50,000

60/OSS/1-320-A] G-634 14
 [ Contd......

27. From the following Balance Sheets of ABC Ltd. as on 31st March, 2014 and 2013.
Prepare common-size Balance Sheet. [6]
st
Balance Sheets as at 31 March, 2014 and 2013
Particulars Note No. 31st March 31st March
2014 2013
(`) (`)
I. EQUITY AND LIABILITIES
1) Shareholders fund
a) Share capital 10,00,000 5,00,000
b) Reserves and Surplus 2,00,000 3,00,000
2) Non Current Liabilities
Long Term Borrowing 8,00,000 5,00,000
3) Current Liabilities
Trade Payables 4,00,000 2,00,000
Total 24,00,000 15,00,000
II. Assets
1) Non-current Assets
Fixed Assets–Tangible Assets 15,00,000 10,00,000
2) Current Assets
Cash & Cash equivalents 9,00,000 5,00,000
Total 24,00,000 15,00,000
ABC {b. Ho$ 31 ‘mM©, 2014 Ed§ 2013 Ho$ ZrMo {XE JE pñW{V {ddaU go g‘mZ AmH$ma H$m pñW{V {ddaU
V¡¶ma H$s{OE&
31 ‘mM© 2014 Ed§ 2013 VH$ H$m pñW{V {ddaU
{ddaU ZmoQ> 31 ‘mM© 31 ‘mM©
g§. 2014 2013
(`) (`)
I. g‘Vm Ed§ Xo¶VmE±
1) A§eYmaH$m| Ho$ H$mof
a) A§e ny±Or 10,00,000 5,00,000
b) g§M¶ Ed§ A{Y³¶ 2,00,000 3,00,000
2) J¡a Mmby Xo¶VmE±
XrK©H$mbrZ F$U 8,00,000 5,00,000
3) Mmby Xo¶VmE±
ì¶mnma Xo¶ 4,00,000 2,00,000
Hw$b ¶moJ 24,00,000 15,00,000
II. gån{Îm¶m±
1) J¡a-Mmby gån{Îm¶m±
ñWmB© gån{Îm¶m± … ‘yV© gån{Îm¶m± 15,00,000 10,00,000
2) Mmby gån{Îm¶m±
amoH$‹S> Ed§ amoH$‹S> Vwë¶ 9,00,000 5,00,000
Hw$b ¶moJ 24,00,000 15,00,000

60/OSS/1-320-A] G-634 15
 [ 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. Define the lens view of Spread sheet. [1]
ñàoS> erQ> Ho$ b¡Ýg AdbmoH$Z H$mo n[a^m{fV H$s{OE&

24. Explain common functions in Excel. [3]
Eo³gb Ho$ gm‘mݶ H$m¶m] H$s ì¶m»¶m H$s{OE&

25. What is graph? Explain in brief the elements of graph. [5]
{~ÝXþaoI {H$go H$hVo h¢? {~ÝXþaoI Ho$ VËdm| H$m g§jon ‘| dU©Z H$s{OE&

26. What is meant by Payroll Accounting? Explain the elements used in Payroll
calculations. [5]
noamob boIm§H$Z go ³¶m A{^àm¶ h¡? noamob H$s JUZm ‘| à¶moJ {H$E OmZo dmbo VËdm| H$m dU©Z H$s{OE&

27. What is meant by database? How forms are created in Microsoft Access? [6]
S>oQ>m~og H$m ³¶m AW© h¡? ‘mBH«$mogm°âQ> E³gog ‘| AmH¥${V¶m| H$m {Z‘m©U {H$g àH$ma {H$¶m OmVm h¡?



60/OSS/1-320-A] G-634 16
