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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(