Tamil Nadu Open University (TNOU) 2006 B.Com Financial Accounting For AY-2004-2005 & CY -2005 Code BCO12 - Question Paper

1,13,610 1,13,610

<?[ralLiL| 0.18,210 2_droTgj.

8. The directors of Departmental Stores Ltd. wish to ascertain net profits of A, B and C departments separately for the quarter-ended 31.3.88. It is found impracticable actually to take stock on that date but the normal rates of gross profit for the departments concerned are 40%, 30% and 20% on turnover respectively. Indirect expenses are charged in proportion to departmental turnover. Following are the figures for ach department:

ABC Rs. Rs. Rs. Stock as on 1.1.88    30,000 35,000 15,000

Purchases to March 31,1988 35,000 37,500 23,500 Sales to March 31, 1988 60,000 50,000 30,000 Direct expenses    10,100 7,250 3,550

Total indirect expenses for the period (including those relating to other departments) were Rs. 21,000 on total sales of Rs. 4,20,000.

Prepare accounts showing gross profit, net profit after making provision for stock at 10% in respect of each department.

31.3.88 &_ue#T Qpin-ajaDnqii asrconewrm.jpffiFrafr gjsnrDsenrres! A, B and C u_|a)i_uj rl<srr JgjGurrugiSDg;

uwQuirerr    eSIi__6fil0LDi_i.l/Drr[TffierT.

Garrro) OTrpefTerT    urmuLig] Jgujsorr ffirnfltuih.

u5l@ILb giffloiDeurriflffl    GuirgjLCtrn ctTefilw

f!iTaj,lffiffiuuL_([)i GD(n>l65Tfji6!n.    efilii)UES>6iT lSi gj)rD&srr

Qurpi<l6ifT(p Qrnrr Jsorru E&gLb Qurrgieuira (LpcBpGiu 40%, 3036 LDfbgjib 2% aerrerrgj. LD6mn)(y3ffi GlffsD&srr gienr'lan efiljbuGnan eSlld) ffiLDuuleirpsM. tSl65icu0ih ffisuoiasir

9. X keeps his books on the single entry system and the following information is available :

1.1.1995 31.12.1995

Rs.    Rs.

Furniture 200    200

Bills payable    300

Loan    500

Investment    1,000

He withdrew Rs. 500 during the year from business. Prepare a statement showing his profit for the year ended 31^st December, 1995 after writing off 10% depreciation on furniture and making a provision for bad debts at 10% on sundry debtors.

X gietiTgj    erpa&jD (Tjpemju 65>&Jl0$jDn'iT\

<Spa56tiffri_ g><*<sua) Qu{Duu@ljDgj.

1.1.1995 31.12.1995

fftragj    2,800    3,050

<si_6tffClriT    1,750    1,900

ffiUOTrsiflasefT    2,100    3,400

Qgnffl<SLb    150    200

LDaoajTjEgicioetRfnj Qur0r    200    200

Qffi[Tu lorrriipjC.        300

i_r        500

(LpeEifjJiffistT        1,000

efilujiTun-rr6l0pgi 0. '500 sr@0ffilpn'n'- 31 m-ffihufr 1995 <=|,swf (yuuLb gJcornjlaoesT, iDaoOTigiei&sjffnj Qurr0eir isj] 10% GiLiuXTsnib, eusrtrffiffiLfflfr @giffii_rrfis fflt_6Jireffl6tfldi 10%    lS)jp@,

<ss

10. In the general ledger of Dinesh Company Ltd., prepare sales ledger adjustment a/c from the following particulars.

f¹¹* iSlmeu0ib    ICanei &iiQufi cSlil, err

Gluirgju GuCSfilii).} efiliijueinGiiTU GuGlI siflffiffiili-a) ffiKsjrasaM;

.

1.1,93 ujpua) 35L_6!nirTflsfr@0L)L|    80,000

31.12.93 sum Q&trm(ippd>    45,000

erngjuiij.giiinaaLJUilugi    4,000

s_wrluuLb    17,500

Qcuafl0uuLii    6,000

cui;rrfl;i_65rffi6rr    9,000

c6UUa<)<35<SU[-ILl_ QupdSjbfluj

&_6Stfnif.iua)ffi6TT    7,500

ffii_9(Tn'efluSlL.Lb@(jT(i&Qufb|D    1,56,000

ffiLOTi cfflffjuansji    1,96,000

Qup|i)@ffluj 2_6wric|_iuu QurijjDgj    30,000

ffiL.65rrrifl@    5,500 Grrtsnjuu}. (Rebate)

Give branch a/c in the books of head office for

2003.

ffdir oSIl5Ii_l_, 2003-eb iDgicnrruSId) (nj lancrranuj lanena@    cSlenemniffln 25%    &yaes)&

cigl]UL|lfDg). 2003-,10 swrciiT aeua) tSIfr6U0LDrrp :

lanen@ gjluuuuL_L    50,000

(@i_rrLJL) cfllo)))

Cisco eqaQaetr ansrrffig guui51uj    8,000

efltfpusnGsr    22,000

ffii_afr efilrpusneisr    23,000

i_etrrrrsifl%eif)l_lo Qufjirp Qrrsaih    20,000

13    2420

ft. eurrrrffi<su65T    600

31.12.2003 GftpsiTstT ffij40un    4,800

(gii_rrui_| efilenw)

2003-Lb KajT@ eneoenm gjeueos; sj-luco

5jff&TffiG5)5j

12. Krishna had the following transaction with Gopal :

l0ei$wnr 2002-Lb assrn|-0) Garrurjuepr tSlfflai0ih fBi_aJii)._I5sa[)ftfteffl0} Fr@uLi_rnr:

1.7.02    G<srrutrd)'rj'G6LjaRFni}_uj urrsl    900

15.7.02    Garrurrgyffig efitfbpg]    2,850

, jfi0sq₎srn    lurrrflgj epuLjii) pt-uqa

<56iHfrffics)ffi cfijansrruiijesi (jpsnjDiiSlcb 30.9.2002 c5>|6tiTrtj|6TTefTUU(.

suiliij. j,CBBtQi_rreinflrT>{ 10% eSLb ffiairalLSL|Li).

15    2420