7/25/2019 2nd pu acc and bs

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7/25/2019 2nd pu acc and bs

2/6

aqrErl-FTSECTION-C

UI

dt

dCnd

oJndlcnddo

eldc

4d4rl9rl

den 15-20

d"d6ddq

etD-d-ORr.

4/e 4d..d

5elodrldc.

nswer

any

SIX

of the

following

questions

n 15-20

sentences

each,

crch

question

carries

5

rnarks

6x5:30

23) drq*bd ldrddc$ d{d$dtadoA.

Explain

hevarious

rinciples

of

Scientific

management

24)

io$iJ*oadc$

4la>;Oudo$q

roLEDn

&do&

"

Explain

brieiiy'the

mportance f

Organising

25)

dcjdee

aoddeab

ddde

ec$

o3,Dd;ndd,o

ddl aqrDdfi{dl

edo:} .

What

s Training'?

xplain any wo

tvpesof

Training

26)

dD-Aedd

dre

dod , id6dtd a

qcdddl

edOBJ

ExplainMaslow's{ierarchy f needs rinciple.

27) eo$og-$e*c3:

oin*endd:a cc:

ogC>$rdrt*q

$d03l .

Irxplain

any ive

importance

f

Controlling

?-S)

dmmArd

lmro$rl*t

aodde$?

dmuai,: lmFO$5

edC'sdrlvdlnc8"{mn

edoir.

What

s Financial

ecision?

xplain

any r.volnancial ecision.

29)'drad

dJD$6{r

"3:Quodoa$d

Eirn$d' ds;ld

;ueaSrt$$"udoo:o

Write hedifi"erenceetweenMoneymarketandCapitalmarket

3[])

erud^d:o&eclod:

reo$

od"earlddldog{aan

.:dotu .

Explain

briefly he

fbatures

f

good

advertisement

opy .

31)

rp,ddd

oindscnddo

eccb dl*dr4edo,$.

Explain

any

rve

vpes

of consumer

ights.

oqDrl-a SECTION

-

D

R'

dr

dCnd o3n{caddo

drnur

Ed".rlgrl

dem 20-30

u"rdorldQ

tu{O,*.dJe

4rd*ri

0

esoddd:.

nswer

any THREE

of

the

followingquestionsn 20-30 sentences

eacho

ach

question

carries

10 marks.

3x10=30

32) n-JrorSd:

ms*=.rnddlidOPr. rplain

the irnctions f

N{anagemt:it

33)

oioed$Sd

aoddeS:?

:ce*i;i,d3J:

qi*ro$O_

z"*rlooadod

)Sd 6cgr19$4

ado:r. Vhat

s Planning?

xplain he

various

steps

nvolved n the

pianning

process.

34) re;:mgo3:es* iloendqsdo:, .

Explain

he

various

sources f

Recruitment.

35)

&dacdas,d

c*Ce$?

fro

uodaadd

erdd*ddod:

:ed

,p*

tlr$d

eodrl$dl

*doA

.

Whatdo,vou

nean

y Fixed

capital

Hxplain he

verious actors

affecting

on the Fixed

capital

equiretnent

36)

.$dfu

Ag,c$

d3)dd

n:m

ed*rari.Jd,iadoR).

Explain the

characteristicsf successful

alesman

aqDrl-ce

SECTION-E

luDqtrDend

dJ$b

PRACTICAL

RIENTED

UESTIONS

7/25/2019 2nd pu acc and bs

3/6

BANGALORE

Subject

Cocle

3t)

' f inte

:3-15

holrrs

ACCOUNTANCY

2

Tbtal

No.of

Ques

27

Max Marks ltt( )

RURAL

DISTRICT

.U.

OLLEGE

RINCIPALS'

SSOCIATION.

SECOND

UC

PRACTICE

UESTTON

ApER

201s_2016

I I

SECTION

-A

Ansrver

any

SEVEN

ofthefollolving

questions,Each

arrying2

marks:

7x2:l l

l)

State

any

two

causes

fdepreciation.

2)

What

s

Reserve?

3)

What s

FluctuatingCapital

ystem

4)

GivethemeaningofSacritlceratio.

5i

i"4ention

ny

tri'o

hctors

i,hich

etermine

he

gooclivill

fihc

firm

.

b) Give he oumalentry o close aftner'soanaccount

n clissolution

f firm

.

i)

What

do

)ou

mean

y Forf'eiture

f shares

l

8)

Givetherneaningof

nterimDividend.

9)

What

are rend

analysis'?

l0)

State

nytrvo

uses

f

RatioAnalysis?

SECTION

-B

Answer

any

FouR

of

the

foilon'ing

euestions,

Each

carries

5 marks

:

4x5:20

I I ) Dhanesh ndDoddesh repartnersn a irm. Dhanesh rewregularlyRs 1000at he

beginning

f

every

month

For

hehalfyear

encling

Oth

eptember

014.

calculate

Interest

n

drawings

at6o/op.a.

nderAverageperiod

ethod

12)

A

and

B commenced

heir

business

ith

capital

nvestnents

f

Rs

80,000

no

Rs

60,000

espectively.

n

0l-04-2014,

hey

agreed

o

share

rofits

an{

losses

n t6c

ratio

of 3:2. For

he

year

ending

3 I st

March

2015.

They

earned profit

of Rs

2,1.(XX)

before

llorving

a]

Interest ncapital t60/op.a..

blAnnual

alaryto

Mr

B

is

5.000.

cl Interest

n

drawings

-Rs

1500

nd

B-Rs

1000.

dl Partners

rawings

A-Rs

15.000,

-Rs

10.000.

You

are

equired

o

prepare

profit

and oss

appropriation

accourfi

of the

irm

.

l3)

Shashi

nd

Siri

arepartnerssharingprofits

nd

ossesintheratio

f 3:2.Theyadmit

Ravi

nto

he

partnership

ith

*

*

rha.".

Calculate

henew profit

sharing

atio

of

all

he

partners.

14)

X,Y

andZwsrepartners

haringprofits

nd

osses

ntheratio

of4:3:2.yretired

rom

the

business

irm

.

X and

Z

decided

o contirrue

sequal

partners.Calculate

he

gain

ratio

of continue

partners.

l5)

A,BandCrverepar tners

naf innshar ingprot i t& losses

n2:Z: l .On

-4-2014they

had

apitals

f Rs

40,000,

Rs30,000

nd

Rs20,000

espectively.

n

3 st

.tLrly

01

{

A

died

and

his

executors

re

entitled

or he

bllorvinq

al Hiscapital scrn -4-2A14.

b]lnterest

n his

capital

t60/op.a..

c]His

share

fgoodrvill

The

Goodrvill

fthe

lnn

rvas

aluecl

t

Rs2,5,000.

d]

His

share

of

accrued rotit

7/25/2019 2nd pu acc and bs

4/6

I I I

l6)

K.K.

Co. Ltd

issued

000

5%

clebentures

t Rs250

each

at a discount

f Rs50

ncr

debentureayable

s ollows.

Rs

50onApplication,

s 100

onAllotment,

Rs

50on irst

and inal

call.

All

the

debentures

ere

subscribed

nd he noney

il.rely

eceived

pto

hestage

f

allotment.

Pass

he

oumal

entries

elatedo

theabove

nformation

17

Karnataka

o.

Ltdhad he

bliolving

ssets nd

iabil i t ies

n

3

-3-201

.

('urrentAssetsRs2,.10,000.CLrrentliabilitiess 60.00C.

Quick

Assets

s

20.000.

Calculate

i)

Current

Ratio

(ii)

Quick

atio.

SECTION

-C

Answer

any

FOUR

of the

following

Questions,Each

carries

4marks

: l4x4:56

I

8)

on I

-

I

-20

0

A Limited

ornpany

urchased

Machinery

br

Rs.

2,00,000.

f)cpreciation

\''as

vritten

ffat

l5%

p.a.on

iminishing

alance

method.

n

0l-0'+-20I

,

one

orth

of Machinery

as

darnaged

y'fire

and

Rs

35,000

was eceived

titln

the

nsurance

,

ornpany

n

full

settlement

f clairns.

On

0 l-09-2012another

Machineryvas urcltased

y he

companyor

Rs 1,00.000.

sooks

faccoults

are

closecl

n

3 I

st March

every

ear.

Write

up

heMachinery.d/c

ndDepreciationArc

br4

years.

I

9)

r\

rtitcl

are

partners

n

a inn.

Their

balance heet

s

c'n3 -03-2015

toocl

s ollox,s.

Balancc

heet

son3 -03-2t ) l

I

Eqpr.tatl

i

n"bturu

16,000

r ;----.- .

7,000

15,000

A--10.(X)()

less

.escn

e 500

I

t S,SOO

B-20.(XX)

60"000

;

Funriture

| +.SOfi

Plant&iVlachinery'

I

18,000

Land&Building

j

20,0C0

Parcnrs

i

+,Ooft

on

l

-4-2015

c is

aclmitted

nto

he

parrnership

n he

bllowing

erms.

l lC'should

ring

Rs 13,000

s apita .

hl

Goodrvjll

fthe

irm

s valued

r

Rs

7,000.

cl

Stock

and

luildings

are o

be

ncreased

y 8%.

cllFrovision

irr

doubtful

debts

s

o be ncreased

y Rs

1200.

eJ

Patents

nd

Machinery

re

o

bededucetl y 20%

antlRs

2000

espectively.

tlTh.at

hecapital

accounts

fall

the partners

e adjusted

n their

new

profit

sharing

ratio

of

3:2:l,based

n C's callital,

djustments

o

bemade

n

cash.

F-riulr'-_-=R'E

I

Creditors

i

20,000

|

Cash

t

Bank

i Billspayable I 4,000 j Stock

I eruttals I i l)ebtors 16oo(

Prepare- a] RevaluationAl.c

cl BankA/c

i

a rwtJ\ t

i

i-6';-trL

--]

b] Partner'sCapitalA/c

dl Balance

heetoftheNew

irm.

20)

X,

Y and

Z are

partners

haring rofit

and osses

n

the atio

of 2:3:5

espectively.

Q

3

-3-201

their

Balance

heenvas

s

under

Liabilitie;

Creditors

Rillspa."-ilble

35.000

l- i . (xx)

2S. (XX)

10.(x)u

I

f{cscn

t(:irlrt,rl.1

X

s{).(xx)

N

ol t r r

s i l r

7/25/2019 2nd pu acc and bs

5/6

2 l )

On he

above ate

Mr.X retired

n

tlte

ollorving onditions

a]

Depreciate achinery

Furniture nd

Motorcarat l0olo ach.

bllncrease tock

and

Buildings

by

5Yo

each.

c] Maintain

rovisions

br

baddebts

tL}oh.

dl

Outstanding

alaries

s

3000.

cl

Goodwill

ofthc

flnr isvaiueclat

0,000. IrX's sltare f

goodrvill

s

o

bccreatcrl

andwrittenoff

rnmcdiately.

1l

Rernaining

artners

lecided

o

pay

he

Mr X's dues y availingbankoverdralt.

Prep.qre_-. I

)

Revaluation.Vc

2) CapitalA/cs of

partners

nd

3)

Balance heets f Y andZ

Akash,PruthviandSagar

vete

artner's

haring

rofits

n ratioof 3:2:

.

On 3l

-3-2015

heirBalance

hee't

as

as

under.

) ) i

23)

Billspayable

Bank oan

Akash's

oan

ReserveFund

Capitals

Akash

Pruth"i

Sagar

On theabove ate he lnn

rvas

issolved

nd heassets

ealised sunder.

Uills

Receivable

,000 l)ebtors 2,500,

Stock

18,000,Machinerl'

0,000

Buildings

0.000.

n'n'c'stntents

{},000

atients ,fXXt

Allother iabilitiesvere

aid

n ull.

An unrecorded

nvestrnentlso

ealised s5(X)0.

cost t'dissoiutronmountedo Rs25t)0.

Prepare a] Realisatroni c

b]

Partner's

apital

A/c c] L'ash /c

'X'

Codipanyssued 0,0(J0cluity hares

t'Rs

t) each o hc

Public 'he arnount

rvas

ayable

s bllows.

Rs3 on

application

Rs2 on allotment

Rs 3 on tirst

call and

Rs2

7/25/2019 2nd pu acc and bs

6/6

l

--F

T---TAd

eRec-eilvables

I

9

|

GeneralReserye

I

t

t

1

Rcnr

xpenses

i

ll

I

StaffWelfirreExpenses

,1.00,000

50,000

15,000

10,000

+0,000

2,()0,000

1.50,000

r.00.000

,si1,000

1s.000

-

I

72,00t)

2,1-5,000

i l

i

Stall 'WelfhrcExpenses

I

SS.0OO

I2

I

Cornrnission

,n

ales

|

210,000

l i3 I InterestExpenses i 55,000

I

14

I

Rares

nclTaxes j

eS,OOCr

l l5 I

Surp lw

I

j

so,ooo

116 I

Bankoverdraft

| I

t5,000

i17 i

Trac lepayable

I

j

1 ,02,500

i

18

i

tsuilclings

i

s,oo.ooo

i

,,,

I

L)Lurr,ulltl>

I

),UU.t_rLrU

i

_

]

j

1,.)

i

ileplccratit,n

;n 3Lrilclingt

I

50,000

j

i

;

:r;

I

i lad

ebts

i

So.soo

i

l

i l-Al-_- i-:xs,soo l- rz,csjoo_'

___

_____.1

t t )

A ii s etxs.

1

('irsing

nventories

s I

85.000.

2)

Crcate

rovision

br

axation

t

09i,.

-3) ransfer

o

General

escrve

s 15.001).

-{)

Directors

roposed

ir dend

f

39,0.

5) Provide

or

outstanding

ent

Rs 12,500

nd

urther

rovide

Bacl

lebts

t

5olo n

Trade eceivables.

F-rorn

he

ollo"ving

nfbnlation

prepare

omparative

taternent

Balance

heet).

Pcuticulars

3

3-201,1

3 -3 -2015

Share

apital

Ceneral

Resene

Secured

oans

Unsecured

oans

SunclryCreditors

Buildings

Nlachinery

Stock

Debtors

Cash

t

Bank

5,00,000

60,000

20,000

5,000

50,000

2,50,000

2,00,000

90,000

75,000

20,000

IV

SECTION

D

Anslver

any

TWO

of the iollolv ing

Questions,

ach

carries

marks

2x5*-10

l-5)

Horv

o

you

reat

he

ollor.ving

n the

absence

f

partnership

deed.

aj fnterest

n

Capitai

bl lnterest

n

Drawings

c] Inttxest

n oan

d]

Distribution

f

proiit

or

t-r_ss.

JSalary

o

partner

:6

i

l)l'cllare

xcctttor"s

lian

acct'rrr-rt

hor.ving

he cpayrnent

n trvo

rnnual

qual

l

nsta

rents

alon_s

' th

ntcrcst

v

th maginary

i

gures.

)-7

Prc;lare

he

Conipar;ttir

income

tatcrnentor

hr,o ear

w,ith ive

maginary

igures.

xxx(