Madras University (UnOM) 2007 B.C.A Computer Application Accounts - Question Paper

2,00,000
20,000
8,000
30,000
10,000

12,000
2,80,000
Plant
Building
Stock
Debtors
Bills Receivable
P and L A/C 70,000
80,000
60,000
30,000
10,000
5,000

2,55,000
1,00,000
75,000
50,000
40,000
15,000

2,80,000


Additional info :

(a) Plant costing Rs. 15,000 was sold for Rs. 6,000. Accumulated Depreciation on the identical was Rs. 5,000.
(b) No Depreciation was given on Buildings during the year. (Marks 12)


CBSE Accounts Sample ques. Paper - Year 1997
Filed under:
Class XII
Accounts

Accounts Class - XII (CBSE)
You are on Set no one Qno. one to 9

Q1) provide any 3 points of distinction ranging from revaluation account and realisation account. (Marks 3)

Q2) Can forfeited shares be issued at a discount? If so, to what extent? (Marks 3)

Q3) Ashoka Ltd. purchased machinery costing Rs. 1,35,000. It was agreed that the purchase consideration be paid by issuing 12% debentures of Rs. 100 every. presume debentures have been issued (i) at par and (ii) at a discount of 10%. provide necessary journal entries. (Marks 3)

Q4) X, Y and Z are partners in a firm sharing profits and losses in the ratio of five : three : 2. Their fixed capitals were Rs. 3,00,000, Rs. 2,00,000 and Rs. 1,00,000 respectively. For the year 1996 interest on capital was credited to them @ 10% p.a. instead of 8% p.a.. Showing your working notes clearly, pass the necessary adjusting journal entry. (Marks 4)

Q5) A, B and C were partners in a firm sharing profits in proportion of their capitals which were Rs. 4,00,000, Rs. 3,00,000 and Rs. 2,00,000 respectively. They had a joint life policy of Rs. 2,70,000 on which the annual premium paid was considered as an expense. On 1.1.1996, B died. On that date there was a debit balance of Rs. 90,000 in their Profit and Loss Account. Pass necessary journal entries on B’s death. (Marks 4)

Q6) X, Y and Z were partners in a firm sharing profits in the ratio of three : two : 1. Z retired and the new profit sharing ratio ranging from X and Y was one : 2. On Z’s retirement the goodwill of the firm was valued at Rs. 30,000. Pass necessary journal entry for the treatment of goodwill on Z’s retirement without opening goodwill account.
They admitted C into partnership on this date. New profit sharing ratio is agreed as three : two : 1. C brings proportionate capital after the subsequent adjustments :

Earning:   Approval pending.