Pre University Board 2008 " ACCOUNTANCY " code 30 For English version see page no 9 - Question Paper
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
0dra oXrtsb :
8 x 2 = 16
1. aX dd 3: X,ssL 0ode ?
cp v 'o'
2. ctooX o< d: 0dra: o&rt>:>i
3. 0ode ?
4. ero>O zJdd. aX JCddC ?
c _D
5. Xd >: 00de ?
6. Xoa X: 5e&rX: a: X>A4rt>: eO,eO ?
a) Sed: &,e:(:j*
b) Sed: aeaX: :e ,ea
7. , XdDr aFO,ron ae oSrtTO ?
8. o E XoD 0dD d:O.
li -o 6 6 ct
9. &el 0ode ?
10. S ,o,.dra 0ode:?
co v
X>Ad)rt> /dddd dodo dn JOb. do oXrto :
3 x 6 = 18
11. dd doJo <$. 0oa doonddo oXJdod3A d&. 1,20,000 doJo d&.
_0 eU V ->
1,00,000 aodd>do doad d. ddo ddo doaX>,d
<=i CO 4 ct V1
d,d/ra 3 : 2. a>oX 31. 12. 2007 dodo dd d. 38,500.
ddo aodd>d doed ot&fX 5% doJ as <oo doJo ddddOrt 3ort$rt d&.
oa ct _o
750 ,oa>do dX@ d>Xo >drO,oJd. dd ,oJ dd doe as X;dod3A d. 1,000 doJo d&. 500.
dd a<>ert zJorio, J</Ob.
12. ddo do Jo <X, ra 0oa doonddo cdo XjdodA 5 : 3 d,d/rad0 do
_0 c*, ,> CO
X>,3ddo. ddo dJ 0oaodddo don3OXrt ,eObX>Jid. d.d
j cj 4 <=i v'-,*6co
d d <y- 8 : 5 : 3 d;d/rad n cdo doX>o adrOoJd.
>o doondd Jrtd dd/rado XodoSoO.
13. 0, a do Jo b aodo d<on0X ,o, <o doonddAdo 2:2:1 dd/rad
1 -o cp co y co
d>- Jdot doiod. ddo Jdo& aodd3>d doed d&rX 5% doJ as d dooJ d . ddo oXJddA 3ort$rt d&. 500, d&. 400 doJo d. 300 ,oa>
_o _o
dd<ooJd . d d dd d3,X X>Ao3d :
31. 12. 2006 d | ||||||||||||||||||||||||||||
|
a>oX 01. 07. 2007 dodo a doJdo d<on0Xo adpdd dyd doJ dd ,odddo X>fidrt>o dd<oadodo : i) ao aodd>
CS>
iii) ,oa>
iv) SeFdd d<o d<on0X , o, o 3e3rdji,d) d&. 40,000 AdoJ d.
cp s>
d doad a>oXdddrt a ,oJ dXj ddieAbd dra d&. 4,250. ao J dayon> zJoo, J/Ob.
_0 * c
14. a>oX 01. 01. 2007 doo dr Xoda a<oaoJ dd aderXdo d&. 100 doon d<o 600 edort>o d,3 eort d>d Xd(/d d&. 40 doJo odo
Ot ZS -e
Xd(/d d&. 10 o ,o3o d/dady),A doo&o,rteo >Xo araroddo.
Ot CO 0
a>oX 01. 02. 2007 dodo edort>o d, eort d&. 80 doJ dPr ,o><ododo dododortd d/Sddo. ad<ort$rt ,ooadoJ de&o rondrtrfo doo.
ot
15. rt raSeXJ dX@ wdo KXrtrfo
e)rt - C
X>Ad)rt> /)d >oo4 d*rt$rt Jo. d d, a<o4 oXrt>o :
4 x 14 = 56
16. Xod/d 00 dJ rXo J dX,rt>o aX do>do dd<o dyd ,dodo doJo
Ot U t cp J? 0 -0
d o X>A d/orfo aes3 : _c_CO___ | ||||||||||||||||||||||||||||||
|
ddrd dao do no d&. 5,000 do Jo ti&. 2,000 do ,dXort>o
CO 0 <=i
d3,d3dao ,,oJy3,A JrtdoXoa>. aoX 01. 04. 2007 do d&. 10,000
6 oi v co
rt>o odo odd>>do Joa .
Ot t3 t CO
odXrt>o : i) <ooJ,d doed ddrX@ e. 5 doJ dJo deido ydo doed d&. 1,000 ,dX$ JrtoSeXo.
ii) Xddo ,< d&. 250 X>oO doJo ,o</;,d Uort> doed e. 5 d oJ aoe,<o Jtoo.
iii) , o> d&. 500 do Jo OTSrt d&. 1,200 d JX,.
_0 u CO
iv) jdo od d3>dP ,eooJ odd3> doed e. 5 doJ ap.
6 cp 0
17. 0dJ', 0' dod L 00 KOTOddo dl d-.dO 3 : 2 : 1 - dd/rad
1 0 & * 0 ZS CO
doXo.ddo. a>oX 31. 12. 2007 d dd md d&X X>Aod : V1 -e CO CO ' J 8&CI0&31. 12. 2007 - mSjX | ||||||||||||||||||||||||||||||||||||||||
| ||||||||||||||||||||||||||||||||||||||||
dodXrt >O d/ddOO. ot |
a) 0"ddd $z&f,31<6 d&. 6,000 0o ddo >Xd3OO.
b) (oo, doo d>ei>do ddd dJio6do X,dbdA e. 10 do e- 5 ddoj XQdo d/ddoo.
c) ,dXo doOo X&jdd dfid X,dbd>A e. 20 e. 10 ddoj
,,00.
H
d) ,3TOdd doed Xddo ,<X@ d&. 1,400 o &oe,d d/ddod.
:
i) d)ddJi<,w z>J
ii) ooTOdd odd> z>Jrt>o
iii) dooododO(ood >ooTOdd dd dX.
18. a>oX 31. 12. 2007 do? X, Y dJ? Z 00 COTOdd dd d&X
_0 V
X>Aorf :
305 31. 12. 2007 - SJ,# | ||||||||||||||||||||||||||||||||||||
|
X>A Xo3Cbrt> ,yd cotoDX ,f,co arO,A.
a) X dd? SerdiKwdd d&. 12,000 dJ? &ededXdra?J d&. 4,500 X,
6 ot -e L 6
JrtXodd?.
b) Y d d? art$rt dX dddrf? Xdco XoSd.
c) Z d d? XdJX@ oart> ),oX dddrf? Xd XoSnd.
d) Jd rt>? X>AoJ /Dd? :
_D c
U?rt >o d&. 8,000, QXrt> d&. 8,950, ,dX? d&. 15,600 dJ? X&jd d&. 15,750.
e) dero>D d- 600.
:
i) dero>D zJ
ii) ?TOdd odro> z>Jrt>b
iii) rt ZJ
19. {>eA Xoa a<doJ, d aboX 31. 12. 2007 dodo X>Aod :
>grt>) |
nor( Dr.) d&. |
( Cr.) |
,dXo |
8,000 | |
noea do J _D |
30,000 |
70,000 |
X |
8,500 | |
2,000 |
1,500 | |
rOM bX d e 24 |
2,000 | |
,o> |
6,000 | |
,ean>o |
6,000 |
1,000 |
Jd d,n>o 24 |
2,000 | |
d j x@ oan > |
1,000 | |
Uon >o do j an>o _0 |
14,000 |
5,700 |
$&o do j X&,drt> 4 -o eJ |
20,000 | |
djdoX dn> -> 24 |
7,400 | |
doJ |
8,000 | |
&ededXdra |
11,500 | |
axn>o |
9,000 | |
n do x |
4,600 | |
no ,os 6 co |
6,000 | |
a dXd ran >o |
10,000 | |
3erd?i, 6 |
10,000 | |
oe,oo aa |
3,800 | |
edo odro> (d&. 100 d 600 edort>) |
60,000 | |
srao |
10,000 | |
aen zJ |
4,000 | |
JrfSb |
10,000 | |
1,66,000 |
1,66,000 |
a) odo ,dXort>o d>. 12,000.
b) Xdd ,< d. 1,200 Jd>3.
c) d3,do$X d d&. 3,400 Jdo>3.
* J 24
d) OTrnoX, d&. 7,000 yo 0&.
* V co
e) (ooJrt> doe e. 5 ,dX$ J n oO.
f) oe,o apn d. 1,000 tofo. artaJ do<oS odo X,J,do J</0.
co 6 y ot
20. a5oX 01. 01. 2004 doo Xo>Coo d&. 1,00,000 X, o CooJrfo
eJ rs u V ct
noeado.
a5oX 01. 01. 2005 do ds>. 60,000 oo CooJ,So noeado.
a5oX 30. 06. 2006 do, Xo4>CoSdo 01. 01. 2005 do d&. 30,000 X&j noea CooJ, d. 22,500 X, /d5& />ado.
CO J * ol tr
CooJ,rt > de ot&fX e. 10 doJ ,SX$Coo XadC/nS 5oo, y>d
J ot tr cp J?
CooJ,rt> zJ dJo ,SX$ zJCorfo 5o, rrtn JC/O.
J -> tr
21. Cj no<Co, d ,X aoX 01. 01. 2006 do X>Aorf :
01. 01. 2006 - | ||||||||||||||||
|
c) 2007 X@ ::ort ra otA o ort d&. 800.
d) fdj eS SdOj :J: rfertrt: oraro>$eXO,:4:-
e) 4,Xrt> :ed Se. 10 &edeXdrart> :e Se. 5 ,XdDr X@ Xd)d.
i) 31. 12. 2006 d oD X rX, Z>J
v 6 i$
ii) ra X
e)rt - D
adRrtzb)
X> n)rt>, /)d 0do JO. : oXrt: :
2 x 5 = 10
22. : yaX oriDrt > ,><:Qo d: dxondd ora> zaJrt>: J</O.
23. yaX oriDrt > , ><:Qo 0dra: rX ,/ XoJ: yd doJ ZJDD J/O.
24. yx,aX >rt:rt>: (eA zJdd J/O.
J oi i$ c*,
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.
Code No. 30 14
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. |