Pre University Board 2008 P.U.C Political Science 2nd ACCOUNTANCY - Question Paper
Karnataka second ACCOUNTANCY June 2008 paper is Pdf format beneath check that.
Code No. 30
Total No. of Questions : 24 ] [ Total No. of Printed Pages : 16
June, 2008
( Kannada and English Versions )
Time : 3 Hours 15 Minutes ] [ Max. Marks : 100
( Kannada Version )
- A
d/d)d) 0 d&n 0dd: odrt> :
8 x 2 = 16
1. aX dd: d d: X,ssL 0ode ?
cp V 'o'
2. d'scnoX dp, d:d d/d)>dd) 0dd: o&rt>:>i
3. Serdjiqw 0ode ?
4. aedO z>J<d:. aX Jdd::d ?
ct _D
5. dd >: 0ode ?
6. Xoda dd d,Xd: d/d 5e&rXd: ead:Sn X>Ad)rt>: eO,eO ?
a) &ed: eaododj
b) &ed: aeXd: d:e ,es
7. , dXd: aFO,drt aed) dOrt,:d o&rt>3d)d) ?
8. od d> dE d:: Xo>d: drtrt cbd 0dd: d,>,,rt>: dd:O.
ii -o ti 6 6 ct
9. &el 0odde ?
10. & ,o,.dra 0ode?
co v
/ddidd do-o dn$n O&. d dn wd odrt :
3 X 6 = 18
11. idd d <$. 0oa diconiddo ddiA d&. 1,20,000 d d&.
_0 eU y _0
1,00,000 aodd>dy oa> d. dd diddd oad>,d
<=i CO 4 ct V1
dd/ra 3 : 2. Qiod 31. 12. 2007 dod dd Sd <di$ d. 38,500. dd aodd>d doed di&rd 5% do as (dd d iddddOrt *ort$rt d&.
oa ct _o
750 ,oa>dR dd@ id< adrOd. dd ,o dd de as ddxddiA d. 1,000 d d&. 500.
dd di-4j a<>ert zidd d/O&.
12. dido do <d, ra 0oa dioniddD didd, ddddiA 5 : 3 d,d/radS o
_0 4 c*, ,> CO
dddd. dd d 0oaodddd dionodn ,eO&dd,i)d. dd,dS
j ci 4 <=i v1 -> 4 6 co
d d <y- 8 : 5 : 3 dd/rad didd od> adrOd.
>d dsconidd i6rtd dd/radd dodSO.
13. 0, a d & aod dionOd ,o, d diconiddiAd 2:2:1 dd/rad
1 -o cp co y co
di- Jdot doddd. dd d& aoddi>d ded di&rd 5% do as d dooi d . dd ddddiA ort$rt d&. 500, d&. 400 d d&. 300 ,oa>
_o _o
dd<d . d d id dd d>Aod :
31. 12. 2006 - d | ||||||||||||||||||||||||||||
|
aiod 01. 07. 2007 dodo a didd. dioon'iOdd adpdd dd db did ddidd dAdrtd dddadd : i) ad aoddi>
Ob
iii) ,oa>
iv) SeFdd dico diooniOd , o, d Serdji<,d) d&. 40,000 wAd d.
cp 6 -e
>d oad aioddddrt a ,o dd@ ddeA&d ra d&. 4,250. ad diayion> zid drao&.
_D 4 c
14. a>oX 01. 01. 2007 doo S}>f XoSa a<ooJ d arferXdo d&. 100 doon d<o 600 2edort>o 2eort d> Xd/ d&. 40 doJo odo
ot J/ _0
Xd/ d&. 10 o ,o><o d/Qy),A doo&o,rteo >Xo araroAdo.
ot co v eo
a>oX 01. 02. 2007 doo 2edort>o 2eort d&. 80 doJ sPrar ,o><odoo dododortd d/Sdo. ,ooaAoJ de&o rondrtrfo doo.
ot
15. nraSeXJ dX@ wdo oXrartrfo $A.
e)rt - C
x>A)rt>Y /)d x4 joa. a<o4 oxn>o:
4 x 14 = 56
16. Xod/d 00 dJ rXo J dX,rt>o aX do>o s<o Sy>d ,dodo doJo
Ot tr ct cp y 0 -0
d o X>n aeQ> : |
01. 01. 2007 d&. |
31. 12. 2007 d&. |
Uort >o |
7,800 |
7,250 |
an> |
4,500 |
5,450 |
OT.oy5" oed>J 6 |
6,400 | |
no |
1,100 |
2,000 |
,os no 6 co |
3,200 | |
xdJX@ oosn >o |
3,000 | |
,dXo |
6,000 |
10,000 |
<ooJ |
15,000 |
15,000 |
dei&ido ydo |
20,000 |
20,000 |
r dao drfo no d&. 5,000 doJ d&. 2,000 do ,dXort>o
CO 0 ct
ro>,sradao ,,oJy,A JrtoXoa>. aoX 01. 04. 2007 doo d&. 10,000
6 oi u co
rt>o odo Joa .
Ct 2 ct co
i) <ooJ doed rX 2e. 5 doJ do Jo d>ei>do ydo doed d&. 1,000 ,dX$ JrtoSeXo.
ii) Xddo ,< d&. 250 X>oO doJo ,o2/, Uort> doed 2e. 5 d oJ oe,o Jtoo.
iii) , o> d&. 500 do Jo OTSrt d&. 1,200 d JX,.
_0 U CO
iv) do od ro>dP ,eooJ odro> doed 2e. 5 doJ >aA.
:
a) d,ddd A d,rt>
6 cp eo
b) d"3 dai
c) S)ddo5rJ A3 Sj
17. 0dj', 0' doJo L 00 d3onaddo Jdl a$-dfd0 3 : 2 : 1 - dd/rad
1 _o o * eo <=i ZJ co
doXoddo. SaoX 31. 12. 2007 d dd dad d&X X>Aod :
V1 -e co co * y
Q&dCti31. 12. 2007 - mSjX | ||||||||||||||||||||||||||||||||||||||||
| ||||||||||||||||||||||||||||||||||||||||
dodaXrt >o d/ddaoJo. ot |
a) 0"ddd d Serd? d&. 6,000 0odo djieXD ct Jddo daXdaOJO.
b) (dooJ, doJo d>eiado dadd djid X,dodaA e. 10 doJo e- 5 ddOj XQdo d/ddaoJo.
c) ,dXo doJo X&jdd dfid X,dodaA e. 20 art> e. 10 dd ,,30 JO.
24
d) ,a<nadd doed Xddo ,aX@ d&. 1,400 o oe,oa d/doaoJo.
:
iii) dooododD<dood daconadd dad dX.
18. 31. 12. 2007 dodo X, Y do Jo Z 00 dCOTOdd md d&X
_o V
X>Ao :
305 31. 12. 2007 - SJ,# | ||||||||||||||||||||||||||||||||||||
|
X>A Xo3dort> d,yd doonOX ,o,doo ,f,co arO,3A.
a) X dddo Serdjio.do ds>. 12,000 do Jo &ededXdradoJ d&. 4,500 X,
6 ct -e L 6
JrtdoXoddo.
b) Y d ddo art$rt d,X doo Xdoo d&nXoSrod.
c) Z d ddo XdJX@ ooSrt> d,X doo Xdo dnXoSnd.
d) Jd wn rt>o X>AoJ d/Odo :
_D c
Uort >o d&. 8,000, SXrt>o d&. 8,950, ,dXo d&. 15,600 dJo X&jd d&. 15,750.
e) edO d d>. 600.
:
i) edO zJ
ii) d3oTOdd odd> zJrt>o
iii) rtdo ZJ
19. {>eA doda a<dooJ, dd d a>od 31. 12. 2007 dodo X>Aod :
31. 12. 2007 -
>grt>) |
nor( Dr.) d&. |
( Cr.) |
,ddo |
8,000 | |
noea d J d/ro& _D |
30,000 |
70,000 |
d |
8,500 | |
2,000 |
1,500 | |
d e H |
2,000 | |
,o> |
6,000 | |
,eart> |
6,000 |
1,000 |
Jd drt>o H |
2,000 | |
d J d@ dooart >o |
1,000 | |
Uojrt >o d J art> _o |
14,000 |
5,700 |
$&o d J X&,drt> -o eo |
20,000 | |
djdoX drt>o -> 24 |
7,400 | |
<doJ |
8,000 | |
&ededddra |
11,500 | |
sxn>o |
9,000 | |
n do Xo |
4,600 | |
rid ro,o3S 6 co |
6,000 | |
ddd ran >o |
10,000 | |
Serdfi<, 6 |
10,000 | |
oe,oo aa |
3,800 | |
edo odd> (d. 100 d 600 edort>o) |
60,000 | |
srao |
10,000 | |
aen zJ |
4,000 | |
, dJn>o |
10,000 | |
1,66,000 |
1,66,000 |
eoujrtXrt& :
a) odo ,ddort> d>. 12,000.
b) dddo ,< d. 1,200 Jddo>3.
c) d3,do$d dd d&. 3,400 Jdd0>3.
' t3 CO
d) d&. 7,000 yo 0&.
* v co
e) (dooJrt doe e. 5 ,dd$ J n oo.
f) oe,o apn d. 1,000 do dnFo. artaJ do<doS odo X.dJdrfo J</0.
co 6 J
20. aaoX 01. 01. 2004 doi & Xoa<ii d&. 1,00,000 X, o >oJ;Si
eJ rs u V ct
noeadx
aaoX 01. 01. 2005 do ds>. 60,000 noeadx
aaoX 30. 06. 2006 do, Xoa<iSdi 01. 01. 2005 do d&. 30,000 X&ij
noea <ioJ, d. 22,500 x, /da& /adi.
CO y * ot tr
<ioJ,rt > ie sa&rX e. 10 doJ XQi/rtoS &co, .sad
y ot tr cp y
<ioJ,rt> zaJ iJi ,SX$ zaJ<ii aco, rnn J/Oft.
y s> ot 7?
21. rt;oa<i, Sd aS X aaoX 01. 01. 2006 do X>Aorf :
01. 01. 2006 - | ||||||||||||||||
|
c) 2007 X@ d::on d dA o dort d&. 800.
d) d,de& &:< d:J: dPr rfertrt>: oddeXOd)
e) d),Xrt> d:e &e. 10 &ededXdrart> d:e &e. 5 ,dXg>d:: X@ X:d):.
i) 31. 12. 2006 d o X rt>:,d drX, w>d:-d, zJ
v 6 i$
ii) d d d,X
adRrtzb)
x> nd)n> d/d)d 0do d&*n$n jo. d dn oXrt>:
2 x 5 = 10
22. yaX doribrt > ,>d:Qo jd: dcndd odd> z>Jrt>: Jd/O.
23. yaX doribrt > , >d:Qo 0dd: drX@ ,d/ XoJ: dd: dyd d:oJ Z3Jd:rf: Jd/O.
ct
24. y<,aX drt:rt>: ddeA wd:-d, zJd:: Jd/O.
J ct i$ ct
Answer any eight questions, each carrying two marks. 8 x 2 = 16
1. What is Single Entry System ?
2. State any two contents of partnership deed.
3. What is Goodwill ?
4. Why is Realisation Account prepared ?
5. What are meant by calls in arrears ?
6. Under which headings do the following items appear in the Companys Balance Sheet ?
a.) Share premium
b) Discount on issue of shares.
7. What factors do you take into account in determining the amount of depreciation ?
8. Point out any two differences between Capital expenditure and Revenue expenditure.
9. What is Spreadsheet ?
10. What is Word Processing ?
Answer any three questions, each carrying six marks. 3 x 6 = 18
11. Sharada and Laxmi are partners having capitals of Rs. 1,20,000 and Rs. 1,00,000 respectively. Their profit sharing ratio is 3 : 2. On 31. 12. 2007 their net profit was Rs. 38,500. They decided to allow interest on capital at 5% and salary to Sharada at Rs. 750 per month. Interests on their drawings are Rs. 1,000 and Rs. 500 respectively.
Prepare Profit and Loss Appropriation Account.
12. Ram and Laxman are partners sharing profits and losses in the ratio of 5 : 3. They admit Bharat into business and the new profit sharing ratio was agreed to be 8 : 5 : 3.
Calculate the Sacrifice Ratio.
13. A, B and C are partners sharing profits and losses in the ratio of 2 : 2 : 1. They get interest at 5% p.a. on their capitals. They receive salaries of Rs. 500, Rs. 400 and Rs. 300 per month respectively. Their Balance Sheet is given below :
Balance Sheet as on 31. 12. 2006 | ||||||||||||||||||||||||||||
|
B died on 01. 07. 2007. According to the partnership deed, the executors of the deceased partner are entitled to claim :
i) Capital of B
ii) Interest on capital
iii) Salary
iv) Share of goodwill.
The goodwill of the firm is valued at Rs. 40,000.
B's drawings upto the date of death are Rs. 4,250.
Prepare B's executors account.
14. On 01. 01. 2007, the directors of Aparna Company Limited resolved that 600 shares of Rs. 100 each are forfeited for the non-payment of first call Rs. 40 and final call of Rs. 10 each.
On 01. 02. 2007 the above forfeited shares were reissued as fully paid at Rs. 80 per share.
Pass Journal entries for the above transactions.
15. Mention any six features of computerised accounting.
Answer any four of the following questions, each carryingfourteen marks : 4 x 14 = 56
16. Kumar is a merchant, keeping his books of accounts under single entry system. He gave the following information : | ||||||||||||||||||||||||||||||
|
During the year, he withdrew cash Rs. 5,000 and goods worth Rs. 2,000 for his personal use. He introduced Rs. 10,000 as additional capital on 01. 04. 2007.
Adjustments :
i) Depreciate machinery by 5% per annum and write off Rs. 1,000 from motor car.
ii) Write off bad debts Rs. 250 and create R.B.D. at 5% on debtors.
iii) Outstanding salary Rs. 500 and Rent due but not received Rs. 1,200.
iv) Allow interest on Capital at 5% including additional capital.
Prepare :
a) Statement of Affairs
b) Statement of Profit or Loss
c) Revised Statement of Affairs.
17. M, N and O were partners sharing profits in the ratio of 3 : 2 : 1 respectively.
Their Balance Sheet as on 31. 12. 2007 was as follows :
Balance Sheet as on 31. 12. 2007 | ||||||||||||||||||||||||||||||||||||
|
N retires on the above date and the following adjustments were made :
a) N's share of goodwill was valued at Rs. 6,000. It was decided to write off the goodwill.
b) Machinery and motor van were reduced by 10% and 5% respectively.
c) Stock & Buildings were appreciated by 20% and 10% respectively.
d) Provision on debtors was to be created Rs. 1,400 for Bad debts. Prepare :
i) Revaluation Account
ii) Partners Capital Accounts
iii) Balance Sheet of Continuing Partners.
Balance Sheet as on 31. 12. 2007 | ||||||||||||||||||||||||||||||||||||
|
It was decided to dissolve the partnership firm on the following terms :
a) X took over goodwill at Rs. 12,000 and furniture at Rs. 4,500.
b) Y took over creditors at book value.
c) Z took over Bills payable at book value.
d) The other assets realised as under :
Debtors Rs. 8,000, Investments Rs. 8,950, Stock Rs. 15,600 and Buildings Rs. 15,750.
e) Realisation expenses amounted to Rs. 600.
Prepare :
i) Realisation Account
ii) Partners Capital Accounts
iii) Cash Account.
19. Following is the Trial Balance of Jogi Company Ltd. as on 31. 12. 2007 :
Trial Balance as on 31. 12. 2007 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
a) Closing stock Rs. 12,000.
b) Write off Rs. 1,200 Bad debts.
c) Write off Rs. 3,400 from preliminary expenses.
d) Provide for dividend Rs. 7,000.
e) Depreciate machinery at 5%.
f) Transfer Rs. 1,000 to Reserve fund.
Prepare Final Account of the company in the prescribed form.
20. On 01. 01. 2004 Krishna & Company purchased a machinery for Rs. 1,00,000.
On 01. 01. 2005 another machinery was purchased for Rs. 60,000.
On 30. 06. 2006, a part of the machinery costing Rs. 30,000, which was purchased on 01. 01. 2005 was sold for Rs. 22,500.
Depreciation was charged at 10% p.a. under diminishing balance method. Show machinery account and depreciation account for four years.
21. The following is the Balance Sheet of Vijay Library as on 01. 01. 2006 :
Balance Sheet as on 01. 01. 2006 | ||||||||||||||||||||||||
|
The Receipts and Payments account of the ;ibrary for the year ending
31. 12. 2006 is as under :
Receipts and Payments Account for the year ending 31. 12. 2006 | ||||||||||||||||||||||||||||||||||||
|
Adjustments :
a.) Outstanding rent on 31. 12. 2006 was Rs. 300.
b) Subscription receivable for the year 2006 amounted to Rs. 400.
c) Subscription received in advance for the year 2007 was Rs. 800.
d) Half of the Entrance fees and half of the Donations are to be capitalised.
e) Depreciate books at 10% and furniture at 5%.
Prepare :
i) Income and Expenditure A/c
ii) Balance Sheet as on 31. 12. 2006.
Answer any two of the following questions. Each question carries five marks : 2 x 5 = 10
22. Prepare Capital Accounts of two partners with five imaginary figures.
23. Prepare a Machinery Account for two years with imaginary figures under fixed instalment method.
24. Prepare an Income and Expenditure Account with five imaginary figures.
Attachment: |
Earning: Approval pending. |