Series ONS SET-3

·¤æðÇU Ù´.
Code No. 67/3
ÚUæðÜ Ù´. ÂÚUèÿææÍèü ·¤æðÇU ·¤æ𠩞æÚU-ÂéçSÌ·¤æ ·ð¤ ×é¹-ÂëcÆU
Roll No. ÂÚU ¥ßàØ çܹð´Ð
Candidates must write the Code on the
title page of the answer-book.

· ·ë¤ÂØæ Áæ¡¿ ·¤ÚU Üð´ ç·¤ §â ÂýàÙ-˜æ ×ð´ ×éçÎýÌ ÂëcÆU 31 ãñ´Ð
· ÂýàÙ-˜æ ×ð´ ÎæçãÙð ãæÍ ·¤è ¥æðÚU çΰ »° ·¤æðÇU ِÕÚU ·¤æð ÀUæ˜æ ©žæÚU-ÂéçSÌ·¤æ ·ð¤ ×é¹-ÂëcÆU ÂÚU çܹð´Ð
· ·ë¤ÂØæ Áæ¡¿ ·¤ÚU Üð´ ç·¤ §â ÂýàÙ-˜æ ×ð´ 23 ÂýàÙ ãñ´Ð
· ·ë¤ÂØæ ÂýàÙ ·¤æ ©žæÚU çܹÙæ àæéM¤ ·¤ÚUÙð âð ÂãÜð, ÂýàÙ ·¤æ ·ý¤×æ´·¤ ¥ßàØ çܹð´Ð
· §â ÂýàÙ-Â˜æ ·¤æð ÂɸÙð ·ð¤ çÜ° 15 ç×ÙÅU ·¤æ â×Ø çÎØæ »Øæ ãñÐ ÂýàÙ-Â˜æ ·¤æ çßÌÚU‡æ Âêßæüq ×ð´
10.15 ÕÁð ç·¤Øæ Áæ°»æÐ 10.15 ÕÁð âð 10.30 ÕÁð Ì·¤ ÀUæ˜æ ·ð¤ßÜ ÂýàÙ-Â˜æ ·¤æð Âɸð´»ð ¥æñÚU §â
¥ßçÏ ·ð¤ ÎæñÚUæÙ ß𠩞æÚ-ÂéçSÌ·¤æ ÂÚU ·¤æð§ü ©žæÚU Ùãè´ çܹð´»ðÐ
· Please check that this question paper contains 31 printed pages.
· Code number given on the right hand side of the question paper should be written
on the title page of the answer-book by the candidate.
· Please check that this question paper contains 23 questions.
· Please write down the Serial Number of the question before attempting
it.
· 15 minute time has been allotted to read this question paper. The question paper
will be distributed at 10.15 a.m. From 10.15 a.m. to 10.30 a.m., the students will
read the question paper only and will not write any answer on the answer-book
during this period.

Üð¹æàææS˜æ
ACCOUNTANCY

çÙÏæüçÚUÌ â×Ø Ñ
3 ƒæ‡ÅðU ¥çÏ·¤Ì× ¥´·¤ Ñ 80
Time allowed : 3 hours Maximum Marks : 80

67/3 1 P.T.O.
âæ×æ‹Ø çÙÎðüàæ Ñ
(i) Øã ÂýàÙ-˜æ Îæ𠹇ÇUæð´ ×ð´ çßÖ€Ì ãñ - ·¤ ¥æñÚU ¹Ð
(ii) ¹‡ÇU ·¤ âÖè ·ð¤ çÜ° ¥çÙßæØü ãñÐ
(iii) ¹‡ÇU ¹ ·ð¤ Îæð çß·¤Ë ãñ´ - çߞæèØ çßßÚU‡ææð´ ·¤æ çßàÜðá‡æ ÌÍæ ¥çÖ·¤çܘæ Üð¹æ´·¤ÙÐ
(iv) ¹‡ÇU ¹ âð ·ð¤ßÜ °·¤ ãè çß·¤Ë ·ð¤ ÂýàÙæ𴠷𤠩žæÚU çÜç¹°Ð
(v) ç·¤âè ÂýàÙ ·ð¤ âÖè ¹‡ÇUæ𴠷𤠩žæÚU °·¤ ãè SÍæÙ ÂÚU çܹð ÁæÙð ¿æçã°Ð

General Instructions :
(i) This question paper contains two parts - A and B.
(ii) Part A is compulsory for all.
(iii) Part B has two options - Analysis of Financial Statements and Computerized
Accounting.
(iv) Attempt only one option of Part B.
(v) All parts of a question should be attempted at one place.

67/3 2
 ¹‡ÇU - ·¤

(âæÛæðÎæÚUè Ȥ×æðZ ÌÍæ ·¤ÂçÙØæð´ ·ð¤ çÜ° Üð¹æ´·¤Ù)

PART - A

(Accounting for Partnership Firms and Companies)

1. ÅUæò× ÌÍæ ãñÚUè °·¤ Ȥ×ü ·ð¤ âæÛæðÎæÚU Íð ÌÍæ 5 : 3 ·ð¤ ¥ÙéÂæÌ ×ð´ ÜæÖ Õæ´ÅUÌð ÍðÐ 31.3.2015 1
·¤æð â×æŒÌ ãé° ßáü ×ð´ ÅUæò× Ùð ` 40,000 ·¤æ ¥æãÚU‡æ ç·¤ØæÐ ©â·ð¤ ¥æãÚU‡æ ÂÚU ŽØæÁ ` 2,000
ÍæÐ

Øã ×æÙÌð ãé° ç·¤ âæÛæðÎæÚUæð´ ·¤è Âê¡Áè ÂçÚUßÌüÙàæèÜ Íè, ¥æãÚU‡æ ÂÚU ŽØæÁ Ü»æÙð ·ð¤ çÜ°
¥æßàØ·¤ ÚUæð$ÁÙæ׿æ ÂýçßçcÅU ·¤èçÁ°Ð
Tom and Harry were partners in a firm sharing profits in the ratio of 5 : 3.
During the year ended 31.3.2015 Tom had withdrawn ` 40,000. Interest on
his drawings amounted to ` 2,000.

Pass necessary journal entry for charging interest on drawings assuming that
the capitals of the partners were fluctuating.

2. Ò«¤‡æàææðÏÙ ·¤æðáÓ ÕÙæÙð ·ð¤ çÜ° ·¤ÂÙè ¥çÏçÙØ×, 2013 ·ð¤ ÂýæßÏæÙæð´ ·¤æ ©ËÜð¹ ·¤èçÁ°Ð 1

State the provisions of Companies Act, 2013 for the creation of ‘Debenture
Redemption Reserve’.

3. ÒâæÛæðÎæÚUè ·ð¤ ç߃æÅUÙÓ ÌÍæ ÒâæÛæðÎæÚUè Ȥ×ü ·ð¤ ç߃æÅUÙÓ ·ð¤ ×ŠØ Ò¥æçÍü·¤ âÕ´ÏÓ ·ð¤ ¥æÏæÚU 1
ÂÚU ¥‹ÌÚU ÎèçÁ°Ð
Distinguish between ‘Dissolution of partnership’ and ‘Dissolution of partnership
firm’ on the basis of ‘Economic Relationship’.

67/3 3 P.T.O.
4. 28.2.2016 ·¤æð ·é¤×æÚU çÜç×ÅðUÇU mæÚUæ ¥æÕ´çÅUÌ ç·¤Øð »Øð 50,000 â×Ìæ ¥´àææð´ ÂÚU ` 2 ÂýçÌ ¥´àæ 1
·¤è ÂýÍ× Øæ¿Ùæ ÚUæçàæ ÎðØ ãæ𠻧üÐ 1000 ¥´àææ𴠷𤠰·¤ ÏæÚU·¤ ·¤æð×Ü Ùð ÂýÍ× Øæ¿Ùæ ÚUæçàæ
·¤æ Öé»ÌæÙ Ùãè´ ç·¤ØæÐ 750 ¥´àææ𴠷𤠰·¤ ¥´àæ ÏæÚU·¤ ·¤æðçßÜ Ùð ÂýÍ× Øæ¿Ùæ ·ð¤ âæÍ ` 4
ÂýçÌ ¥´àæ ·¤è ÎêâÚUè ÌÍæ ¥ç‹Ì× Øæ¿Ùæ ÚUæçàæ ·¤æ Öé»ÌæÙ Öè ·¤ÚU çÎØæÐ

·¤ÂÙè ·¤è ÂéSÌ·¤æð´ ×𴠥Ξæ-Øæ¿Ùæ ¹æÌæ ÌÍæ ÂêßüΞæ-Øæ¿Ùæ ¹æÌæ ¹æðÜÌð ãé° ÂýæŒÌ ÏÙÚUæçàæ
âð âÕç‹ÏÌ ©ÂÚUæð€Ì ·ð¤ çÜ° ¥æßàØ·¤ ÚUæð$ÁÙæ׿æ ÂýçßçcÅU ·¤èçÁ°Ð

On 28.2.2016 the first call of ` 2 per share became due on 50,000 equity shares
alloted by Kumar Ltd. Komal a holder of 1000 shares did not pay the first
call money. Kovil a holder of 750 shares paid the second and final call of ` 4
per share alongwith the first call.

Pass the necessary journal entry for the amount received by opening
calls - in - arrears and calls - in - advance account in the books of the company.

5. Âè., €Øê. ÌÍæ ¥æÚU. °·¤ Ȥ×ü ×ð´ âæÛæðÎæÚU Íð ÌÍæ 3 : 2 : 1 ·ð¤ ¥ÙéÂæÌ ×ð´ ÜæÖ Õæ´ÅUÌð ÍðÐ ©‹ãæð´Ùð 1
1 1
ÜæÖ ·ð¤ 8 Öæ» ·ð¤ çÜ° °â. ·¤æð °·¤ ÙØæ âæÛæðÎæÚU ÕÙæØæ çÁâð ©âÙð 16
Öæ» Âè. âð ÌÍæ
1
Öæ» €Øê. âð ÂýæŒÌ ç·¤ØæÐ
16

Âè., €Øê., ¥æÚU. ÌÍæ °â. ·ð¤ ÙØð ÜæÖ ¥ÙéÂæÌ ·¤è »‡æÙæ ·¤èçÁ°Ð

P, Q and R were partners in a firm sharing profits in the ratio of 3 : 2 : 1. They

1 th
admitted S as a new partner for share in the profits which he acquired
8

1 th 1 th
from P and from Q.
16 16

Calculate new profit sharing ratio of P, Q, R and S.

67/3 4
6. 40 Üæð»æð´·¤æ °·¤ â×êã °·¤ âæÛæðÎæÚUè Ȥ×ü ÕÙæÙæ ¿æãÌæ ãñÐ ßð §â âÕ‹Ï ×𴠥淤æ ÂÚUæ×àæü 1
¿æãÌð ãñ´ ç·¤ °·¤ âæÛæðÎæÚUè Ȥ×ü ×ð´ âÎSØæð´ ·¤è ¥çÏ·¤Ì× â´Øæ €Øæ ãæð â·¤Ìè ãñ ÌÍæ ©â
¥çÏçÙØ× ·¤æ Ùæ× çÁâ·ð¤ ÂýæßÏæÙæ𴠷𤠥‹Ì»üÌ Øã çÎØæ »Øæ ãñÐ
A group of 40 people wants to form a partnership firm. They want your advice
regarding the maximum number of persons that can be there in a partnership
firm and the name of the Act under whose provisions it is given.

7. ·ð¤. çÜç×ÅðUÇU Ùð Âè. çÜç×ÅðUÇU ·¤è ` 15,00,000 ·¤è âÂçžæØæ¡ ÌÍæ ` 5,00,000 ·¤è ÎðØÌæ¥æð´ 3
·¤æ ¥çÏ»ýã‡æ ` 13,68,500 ×ð´ ç·¤ØæÐ ` 25,500 ·¤æ Öé»ÌæÙ Âè. çÜç×ÅðUÇU ·ð¤ Âÿæ ×ð´ Îæð ×æã
Âà¿æÌ÷ ÎðØ °·¤ Âýç̙ææ Â˜æ ·ð¤ mæÚUæ ç·¤Øæ »Øæ ÌÍæ àæðá ·¤æ Öé»ÌæÙ Âè. çÜç×ÅðUÇU ·ð¤ Âÿæ ×ð´
` 100 ÂýˆØð·¤ ·ð¤ â×Ìæ ¥´àææð´ ·¤æ çÙ»ü×Ù 25% ·ð¤ ¥çÏÜæÖ ÂÚU ·¤ÚU·ð¤ ç·¤ØæÐ

©ÂÚUæð€Ì ÜðÙÎðÙæð´ ·ð¤ çÜ° ·ð¤. çÜç×ÅðUÇU ·¤è ÂéSÌ·¤æð´ ×ð´ ¥æßàØ·¤ ÚUæð$ÁÙæ׿æ ÂýçßçcÅUØæ¡ ·¤èçÁ°Ð
K Ltd. took over the assets of ` 15,00,000 and liabilities of ` 5,00,000 of
P Ltd. for a purchase consideration of ` 13,68,500. ` 25,500 were paid by
issuing a promissory note in favour of P Ltd. payable after two months and
the balance was paid by issue of equity shares of ` 100 each at a premium of
25%.

Pass necessary journal entries for the above transactions in the books of K Ltd.

8. ÙßØéß·¤æð´ ·¤æð ÚUæð$Á»æÚU ÂýÎæÙ ·¤ÚUÙð ãðÌé ÌÍæ Á×ê ÌÍæ ·¤à×èÚU ÚUæ’Ø ·ð¤ ÕæÚUæ×êÜæ çÁÜð ·ð¤ 3
çß·¤æâ ×ð´ âãæØÌæ ·ð¤ çÜ° ’ØæðçÌ ÂæòßÚU çÜç×ÅðUÇU Ùð ßãæ¡ ÂÚU °·¤ ÂæòßÚU ŒÜæ¡ÅU Ü»æÙð ·¤æ çهæüØ
çÜØæÐ ÏÙ °·¤ç˜æÌ ·¤ÚUÙð ·ð¤ çÜ° ·¤ÂÙè Ùð ` 10 ÂýˆØð·¤ ·ð¤ 8,50,000 â×Ìæ ¥´àææð´ ·¤æð
` 3 ÂýçÌ ¥´àæ ·ð¤ ¥çÏÜæÖ ÂÚU çÙ»üç×Ì ·¤ÚUÙð ·¤æ çهæüØ ç·¤ØæÐ âÖè ¥´àæ ÚUæçàæ ¥æßðÎÙ ÂÚU
ÎðØ ÍèÐ 20,00,000 ¥´àææð´ ·ð¤ çÜ° ¥æßðÎÙ ÂýæŒÌ ãé°Ð 3,00,000 ¥´àææð´ ·ð¤ çÜ° ¥æßðÎÙæð´ ·¤æð
ÚUg ·¤ÚU çÎØæ »Øæ ÌÍæ àæðá ¥æßðη¤æð´ ·¤æð ¥ÙéÂæçÌ·¤ ¥æÏæÚU ÂÚU ¥´àææð´ ·¤æ ¥æÕ´ÅUÙ ·¤ÚU çÎØæ
»ØæÐ

©ÂÚUæð€Ì ÜðÙÎðÙæð´ ·ð¤ çÜ° ·¤ÂÙè ·¤è ÂéSÌ·¤æð´ ×ð´ ¥æßàØ·¤ ÚUæð$ÁÙæ׿æ ÂýçßçcÅUØæ¡ ·¤èçÁ° ÌÍæ
°ðâð ç·¤‹ãè´ Îæð ×êËØæð´ ·¤è Âã¿æÙ ·¤èçÁ° çÁ‹ãð´ ·¤ÂÙè Âý¿æçÚUÌ ·¤ÚUÙæ ¿æãÌè ãñÐ

67/3 5 P.T.O.
 To provide employment to the youth and to develop Baramula district of
Jammu and Kashmir, Jyoti Power Ltd. decided to setup a power plant. For
raising funds the company decided to issue 8,50,000 equity shares of ` 10 each
at a premium of ` 3 per share. The whole amount was payable on application.
Applications for 20,00,000 shares were received. Applications for 3,00,000
shares were rejected and shares were alloted to the remaining applicants on
pro - rata basis.
Pass necessary journal entries for the above transactions in the books of the
company and identify any two values which the company wants to propagate.

9. 2.3.2016 ·¤æð °Ü. °‡ÇU Õè. çÜç×ÅðUÇU Ùð ` 500 ÂýˆØð·¤ ·ð¤ 635, 9% «¤‡æ˜ææð´ ·¤æ çÙ»ü×Ù 3
ç·¤ØæÐ
çِ٠ÂçÚUçSÍçÌØæð´ ×ð´ «¤‡æ˜ææð´ ·ð¤ çÙ»ü×Ù ·ð¤ çÜ° ¥æßàØ·¤ ÚUæð$ÁÙæ׿æ ÂýçßçcÅUØæ¡ ·¤èçÁ° Ñ
(·¤) ÁÕ «¤‡æ˜ææð´ ·¤æ çÙ»ü×Ù 5% ·ð¤ Õ^ð ÂÚU ç·¤Øæ »Øæ ÌÍæ §Ù·¤æ àææðÏÙ 10% ·ð¤ ¥çÏÜæÖ
ÂÚU ç·¤Øæ ÁæÙæ ãñÐ
(¹) ÁÕ «¤‡æ˜ææð´ ·¤æ çÙ»ü×Ù 12% ·ð¤ ¥çÏÜæÖ ÂÚU ç·¤Øæ »Øæ ÌÍæ §Ù·¤æ àææðÏÙ 6% ·ð¤
¥çÏÜæÖ ÂÚU ç·¤Øæ ÁæÙæ ãñÐ
On 2.3.2016 L and B Ltd. issued 635, 9% debentures of ` 500 each. Pass
necessary journal entries for the issue of debentures in the following
situations :
(a) When debentures were issued at 5% discount, redeemable at 10%
premium.
(b) When debentures were issued at 12% premium, redeemable at 6%
premium.

10. (i) °·¤ âæÛæðÎæÚU ·ð¤ çÙÏÙ, (ii) ÙØð âæÛæðÎæÚU ·ð¤ Âýßðàæ ÌÍæ (iii) °·¤ âæÛæðÎæÚU ·¤æ ¥ß·¤æàæ »ýã‡æ 3
·ð¤ ¥çÌçÚU€Ì ç·¤‹ãè´ °ðâè ÌèÙ çSÍçÌØæð´ ·¤æ ©ËÜð¹ ·¤èçÁ° ÁÕ È¤×ü ·¤è ØæçÌ ·¤è »‡æÙæ ·¤è
¥æßàØ·¤Ìæ ãæð â·¤Ìè ãñÐ
State any three circumstances other than (i) death of a partner, (ii) admission
of a partner and (iii) retirement of a partner when need for valuation of goodwill
of a firm may arise.

67/3 6
11. çß·¤æâ ÌÍæ çßßð·¤ °·¤ Ȥ×ü ·ð¤ âæÛæðÎæÚU Íð ÌÍæ 3 : 2 ·ð¤ ¥ÙéÂæÌ ×ð´ ÜæÖ Õæ´ÅUÌð ÍðÐ 1.4.2014 4
1
·¤æ𠩋ãæð´Ùð ÜæÖ ·ð¤ 8
ßð´ Öæ» ·ð¤ çÜ° ß´ÎÙæ ·¤æð °·¤ ÙØæ âæÛæðÎæÚU ÕÙæØæ ÌÍæ ©âð ` 1,50,000
·ð¤ ÜæÖ ·¤è »æÚ´UÅUè Îè »§üÐ çß·¤æâ ÌÍæ çßßð·¤ ·¤æ ÙØæ ÜæÖ ¥ÙéÂæÌ ÂãÜð Áñâæ ÚUãð»æ ÂÚU‹Ìé
ß´ÎÙæ ·¤è »æÚ´UÅUè ·ð¤ ·¤æÚU‡æ ãé§ü ç·¤âè Öè ·¤×è ·¤æð ßð 2 : 3 ·ð¤ ¥ÙéÂæÌ ×ð´ ßãÙ ·¤ÚUÙð ÂÚU âã×Ì
ãé°Ð 31.3.2015 ·¤æð â×æŒÌ ãé° ßáü ×ð´ Ȥ×ü ·¤æ ÜæÖ ` 9,00,000 ÍæÐ
31.3.2015 ·¤æð â×æŒÌ ãé° ßáü ·ð¤ çÜ° çß·¤æâ, çßßð·¤ ÌÍæ ß´ÎÙæ ·¤æ ÜæÖ-ãæçÙ çßçÙØæðÁÙ
¹æÌæ ÌñØæÚU ·¤èçÁ°Ð
Vikas and Vivek were partners in a firm sharing profits in the ratio of 3 : 2.
1 th
On 1.4.2014 they admitted Vandana as a new partner for share in the
8
profits with a guaranteed profit of ` 1,50,000. The new profit sharing ratio
between Vivek and Vikas will remain the same but they decided to bear any
deficiency on account of guarantee to Vandana in the ratio 2 : 3. The profit of
the firm for the year ended 31.3.2015 was ` 9,00,000.
Prepare Profit and Loss Appropriation Account of Vikas, Vivek and Vandana
for the year ended 31.3.2015.

12. ×æÙß, ÙæÍ ÌÍæ ÙæÚUæØ‡æ °·¤ Ȥ×ü ·ð¤ âæÛæðÎæÚU Íð ÌÍæ 1 : 2 : 1 ·ð¤ ¥ÙéÂæÌ ×ð´ ÜæÖ Õæ´ÅUÌð ÍðÐ 4

Ȥ×ü ¥ÂÙè ÂéSÌ·ð´¤ ÂýçÌßáü 31 ×æ¿ü ·¤æð Õ´Î ·¤ÚUÌè ãñÐ 30 çâ̐ÕÚU, 2015 ·¤æð ÙæÍ ·¤æ çÙÏÙ
ãæð »ØæÐ ©â çÌçÍ ·¤æð ©â·¤æ Âê¡Áè ¹æÌæ ` 5,000 ·¤æ Ùæ× àæðá Îàææü ÚUãæ ÍæÐ ÜæÖ-ãæçÙ
¹æÌð ×ð´ ` 30,000 ·¤æ Ùæ× àæðá ÍæРȤ×ü ·¤è ØæçÌ ·¤æ ×êËØæ´·¤Ù ` 3,80,000 ç·¤Øæ »ØæÐ
×ëˆØé ·ð¤ ßáü ×ð´ ÙæÍ ·ð¤ ÜæÖ ·¤è »‡æÙæ çÂÀUÜð Âæ¡¿ ßáæðZ ·ð¤ ¥æñâÌ ÜæÖ, Áæð ` 90,000 Íæ,
·ð¤ ¥æÏæÚU ÂÚU ·¤è ÁæØð»èÐ
ÙæÍ ·ð¤ çÙÏÙ ÂÚU Ȥ×ü ·¤è ÂéSÌ·¤æð´ ×ð´ ¥æßàØ·¤ ÚUæð$ÁÙæ׿æ ÂýçßçcÅUØæ¡ ·¤èçÁ°Ð
Manav, Nath and Narayan were partners in a firm sharing profits in the ratio
of 1 : 2 : 1. The firm closes its books on 31st March every year. On 30th
September, 2015 Nath died. On that date his capital account showed a debit
balance of ` 5,000. There was a debit balance of ` 30,000 in the profit and
loss account. The goodwill of the firm was valued at ` 3,80,000. Nath’s share
of profit in the year of his death was to be calculated on the basis of average
profit of last 5 years, which was ` 90,000.
Pass necessary journal entries in the books of the firm on Nath’s death.

67/3 7 P.T.O.
13. Áè. ÌÍæ °¿. °·¤ Ȥ×ü ·ð¤ âæÛæðÎæÚU Íð ÌÍæ 9 : 7 ·ð¤ ¥ÙéÂæÌ ×ð´ ÜæÖ Õæ´ÅUÌð ÍðÐ 1.4.2015 6
·¤æð ©Ù·¤è Ȥ×ü ·¤æ ç߃æÅUÙ ãæð »ØæÐ âÂçžæØæð´ (ÚUæð·¤Ç¸ ·¤æð ÀUæðǸ·¤ÚU) ÌÍæ Õæs ÎðØÌæ¥æð´ ·¤æð
ßâêÜè ¹æÌð ×ð´ SÍæÙæ‹ÌçÚUÌ ·¤ÚUÙð ·ð¤ Âà¿æÌ÷ ¥æ·¤æð çِ٠âê¿Ùæ Îè »§ü ãñ Ñ

(·¤) ` 2,30,000 ·ð¤ °·¤ ÜðÙÎæÚU ×æðãÙ Ùð ` 2,00,000 ·ð¤ ÎðÙÎæÚUæð´ ·¤æð 10% ·ð¤ Õ^ð ÂÚU
Sßè·¤æÚU ·¤ÚU çÜØæ ÌÍæ ©âð àæðá ·¤æ Öé»ÌæÙ ¿ñ·¤ mæÚUæ ·¤ÚU çÎØæ »ØæÐ

(¹) ` 7,00,000 ·ð¤ °·¤ ÎêâÚðU ÜðÙÎæÚU âæðãÙ Ùð ` 10,00,000 ÂéSÌ·¤ ×êËØ ·¤è Öêç× ·¤æð
` 15,00,000 ×ð´ Sßè·¤æÚU ·¤ÚU çÜØæ ÌÍæ àæðá ·¤æ Öé»Ìæ٠Ȥ×ü ·¤æð ¿ñ·¤ mæÚUæ ·¤ÚU çÎØæÐ

(») ` 80,000 ·ð¤ °·¤ ÌèâÚðU ÜðÙÎæÚU, ÚUæ× Ùð ` 40,000 ÂéSÌ·¤ ×êËØ ·ð¤ SÅUæ·¤ ·¤æð ` 30,000
×ð´ ÌÍæ ` 48,000 ·ð¤ çÙßðàææð´ ·¤æð ¥ÂÙð Îæßð ·ð¤ Âê‡æü çÙÂÅUæÚðU ãðÌé Üð çÜØæÐ

(ƒæ) ç߃æÅUÙ ÂÚU ãæçÙ ` 48,000 ÍèÐ

©ÂÚUæð€Ì ÜðÙÎðÙæð´ ·ð¤ çÜ° Áè. ÌÍæ °¿. ·¤è ÂéSÌ·¤æð´ ×ð´ ¥æßàØ·¤ ÚUæð$ÁÙæ׿æ ÂýçßçcÅUØæ¡ ·¤èçÁ°Ð

G and H were partners in a firm sharing profits in the ratio of 9 : 7. On

1.4.2015 their firm was dissolved. After transferring assets (other than cash)
and outsider’s liabilities to realisation account you are given the following
information :

(a) Mohan, a creditor of ` 2,30,000 accepted debtors of ` 2,00,000 at a

discount of 10% and the balance was paid to him by cheque.

(b) Sohan, a second creditor for ` 7,00,000 accepted land of the book value of
` 10,00,000 at ` 15,00,000 and paid the balance to the firm by cheque.

(c) Ram, a third creditor for ` 80,000 took over stock of book value of ` 40,000
at ` 30,000 and investments of ` 48,000 in full settlement of his claim.

(d) Loss on dissolution was ` 48,000.

Pass necessary journal entries for the above transactions in the books of
G and H.

67/3 8
14. °€â., ßæ§ü. ÌÍæ $ÁñÇU. °·¤ Ȥ×ü ·ð¤ âæÛæðÎæÚU Íð ÌÍæ 1 : 2 : 3 ·ð¤ ¥ÙéÂæÌ ×ð´ ÜæÖ Õæ´ÅUÌð ÍðÐ 6
31.3.2015 ·¤æð ©Ù·¤æ çSÍçÌ çßßÚU‡æ çِ٠Âý·¤æÚU âð Íæ Ñ

31.3.2015 ·¤æ𠰀â., ßæ§ü. ÌÍæ $ÁñÇ.U ·¤æ çSÍçÌ çßßÚU‡æ Ñ

³Õ½±Ë•† ¿ËÌÅË (C ǃ§Ìë˽ˆ ¿ËÌÅË (C
ÁÕ¾³Ë¿U 25,000 »Ï̼ 25,000
³Õ½ ̺Á 10,000 »Ä¾ 25,000
Ç˼Ëü½ Ǚ¤½ 15,000 åÁ˙ªU 50,000
§†¦
Ï Í¶ SªUËœ× ‰ 20,000
•þÇ. 50,000 ³Õ¾³Ë¿U 15,000
Äˌá. 25,000 ºÖ™œ‰ 2,500
$¦Ö¬.U 12,500 87,500
1,37,500 1,37,500

1.4.2015 â𠰀â., ßæ§ü. ÌÍæ $ÁñÇU. Ùð ÖçßcØ ×ð´ ÜæÖ ·¤æð ÕÚUæÕÚU-ÕÚUæÕÚU Õæ´ÅUÙð ·¤æ çهæüØ
ç·¤ØæÐ §â·ð¤ çÜ° Øã â×ÛææñÌæ ãé¥æ ç·¤ Ñ

(·¤) Ȥ×ü ·¤è ØæçÌ ·¤æ ×êËØæ´·¤Ù ` 75,000 ç·¤Øæ ÁæØðÐ

(¹) Öêç× ·¤æ ÂéÙ×êüËØæ´·¤Ù ` 40,000 ÂÚU ç·¤Øæ ÁæØð ÌÍæ ÖßÙ ÂÚU 6% ×êËØOæâ Ü»æØæ
ÁæØðÐ

(») ` 3,000 ·ð¤ ÜðÙÎæÚU Îæßæ Ùãè´ ·¤Úð´U»ð, ¥ÌÑ §‹ãð´ ¥ÂçÜç¹Ì ·¤ÚU çÎØæ ÁæÙæ ¿æçã°Ð

ÂéÙ×êüËØæ´·¤Ù ¹æÌæ, âæÛæðÎæÚUæ𴠷𤠡êÁè ¹æÌð ÌÍæ ÂéÙ»üçÆUÌ È¤×ü ·¤æ çSÍçÌ çßßÚU‡æ ÌñØæÚU ·¤èçÁ°Ð

67/3 9 P.T.O.
 X, Y and Z were partners in a firm sharing profits in the ratio of 1 : 2 : 3. On
31.3.2015 their Balance Sheet was as follows :
Balance Sheet of X, Y and Z as on 31.3.2015

Liabilities Amount ( C ) Assets Amount ( C )

Creditors
25,000 Land 25,000
Bills payable
10,000 Building 25,000
General Reserve
15,000 Plant 50,000
Capitals :
Stock 20,000
X 50,000
Debtors 15,000
Y 25,000
Bank 2,500
Z 12,500
87,500
1,37,500 1,37,500
X, Y and Z decided to share the profits equally with effect from 1.4.2015. For
this it was agreed that :
(a) Goodwill of the firm be valued at ` 75,000.
(b) Land be revalued at ` 40,000 and building be depreciated by 6%
(c) Creditors of ` 3,000 were not likely to be claimed and hence be written
off.
Prepare Revaluation Account, Partner’s Capital Accounts and the Balance
Sheet of the reconstituted firm.

15. 1.4.2013 ·¤æð ÚUæðàæÙè çÜç×ÅðUÇU ·ð¤ ` 100 ÂýˆØð·¤ ·ð¤ ` 50,00,000, 9% «¤‡æÂ˜æ ¥Îžæ ÍðÐ 6

(i) 1.4.2014 ·¤æð ·¤ÂÙè Ùð ¹éÜð Õæ$ÁæÚU âð SßØ´ ·ð¤ 20,000 «¤‡æ˜ææð´ ·¤æ ·ý¤Ø ` 98.50
ÂýçÌ «¤‡æÂ˜æ ·¤è ÎÚU âð ç·¤Øæ ÌÍæ §‹ãð´ ÌéÚU‹Ì ÚUg ·¤ÚU çÎØæÐ
(ii) 1.10.2014 ·¤æð ·¤ÂÙè Ùð °·¤ ÜæÅUÚUè mæÚUæ ` 16,00,000 ·ð¤ «¤‡æ˜ææð´ ·¤æ àææðÏÙ â××êËØ
ÂÚU ·¤ÚU çÎØæÐ
(iii) 31.3.2015 ·¤æð àæðá «¤‡æ˜ææð´ ·¤æð ÌéÚU‹Ì ÚUg ·¤ÚUÙð ·ð¤ çÜ° ` 9,98,000 ×ð´ ·ý¤Ø ç·¤Øæ
»ØæÐ
«¤‡æ˜ææð´ ÂÚU ŽØæÁ ÌÍæ «¤‡æ˜æ àææðÏÙ ·¤æðá ·¤æð ⴙææÙ Ù ÜðÌð ãé° ©ÂÚUæð€Ì ÜðÙÎðÙæð´ ·ð¤ çÜ°
ÚUæðàæÙè çÜç×ÅðUÇU ·¤è ÂéSÌ·¤æð´ ×ð´ ¥æßàØ·¤ ÚUæð$ÁÙæ׿æ ÂýçßçcÅUØæ¡ ·¤èçÁ°Ð

67/3 10
 On 1.4.2013 Roshni Ltd. had ` 50,00,000, 9% debentures of ` 100 each
outstanding.
(i) On 1.4.2014 the company purchased in the open market 20,000 of its own
debentures at ` 98.50 each and cancelled the same immediately.
(ii) On 1.10.2014 the company redeemed at par debentures of ` 16,00,000 by
draw of a lot.
(iii) On 31.3.2015 the remaining debentures were purchased for immediate
cancellation for ` 9,98,000.
Ignoring interest on debentures and debenture redemption reserve, pass
necessary journal entries for the above transactions in the books of Roshni Ltd.

16. °â.·ð¤.çÜç×ÅðUÇU Ùð ` 10 ÂýˆØð·¤ ·ð¤ 3,20,000 â×Ìæ ¥´àææð́ ·¤æð ` 5 ÂýçÌ ¥´àæ ·ð¤ ¥çÏÜæÖ ÂÚU 8
çÙ»üç×Ì ·¤ÚUÙð ·ð¤ çÜ° ¥æßðÎÙ ¥æ×狘æÌ ç·¤ØðÐ ÚUæçàæ ·¤æ Öé»ÌæÙ çِ٠Âý·¤æÚU âð ·¤ÚUÙæ Íæ Ñ
¥æßðÎÙ ÂÚU - ` 3 ÂýçÌ ¥´àæ (` 1 ÂýçÌ ¥´àæ ¥çÏÜæÖ âçãÌ)
¥æÕ´ÅUÙ ÂÚU - ` 5 ÂýçÌ ¥´àæ (` 2 ÂýçÌ ¥´àæ ¥çÏÜæÖ âçãÌ)
ÂýÍ× ÌÍæ ¥ç‹Ì× Øæ¿Ùæ ÂÚU - àæðáÐ
4,00,000 ¥´àææð´ ·ð¤ çÜ° ¥æßðÎÙ ÂýæŒÌ ãé°Ð 40,000 ¥´àææ𴠷𤠥æßðÎÙæð´ ·¤æð ÚUg ·¤ÚU çÎØæ »Øæ
ÌÍæ ¥æßðÎÙ ÚUæçàæ ßæçÂâ ·¤ÚU Îè »§üÐ àæðá ¥æßðη¤æð´ ·¤æð ¥æÙéÂæçÌ·¤ ¥æÏæÚU ÂÚU ¥´àææð´ ·¤æ
¥æÕ´ÅUÙ ç·¤Øæ »ØæÐ ¥æßðÎÙ ÂÚU ÂýæŒÌ ¥çÌçÚU€Ì ÚUæçàæ ·¤æ â×æØæðÁÙ ¥æÕ´ÅUÙ ÂÚU ÎðØ ÚUæçàæ
×ð´ ·¤ÚU çÜØæ »ØæÐ 800 ¥´àææð´ ·ð¤ ÏæÚU·¤, ÁèßÙ Ùð ¥æÕ´ÅUÙ ÚUæçàæ ·¤æ Öé»ÌæÙ Ùãè´ ç·¤Øæ ÌÍæ
©â·ð¤ ¥´àææð´ ·¤æ ÌéÚU‹Ì ãÚU‡æ ·¤ÚU çÜØæ »ØæÐ ©â·ð¤ Âà¿æÌ÷ ¥ç‹Ì× Øæ¿Ùæ ×æ´»è »§üÐ »‡æðàæ,
çÁâÙð 2,700 ¥´àææð´ ·ð¤ çÜ° ¥æßðÎÙ ç·¤Øæ Íæ Ùð ¥ç‹Ì× Øæ¿Ùæ ·¤æ Öé»ÌæÙ Ùãè´ ç·¤ØæÐ
©â·ð¤ ¥´àææð´ ·¤æ Öè ãÚU‡æ ·¤ÚU çÜØæ »ØæÐ ãÚU‡æ ç·¤Øð »Øð ¥´àææð´ ×ð´ âð 1,500 ¥´àææð´ ·¤æð ` 8 ÂýçÌ
¥´àæ Âê‡æü ÂýΞæ ÂéÙÑ çÙ»ü×Ù ·¤ÚU çÎØæ »ØæÐ ÂéÙÑ çÙ»üç×Ì ç·¤Øð »Øð ¥´àææð´ ×ð´ ÁèßÙ ·ð¤ ãÚU‡æ
ç·¤Øð »Øð âÖè ¥´àæ âç×çÜÌ ÍðÐ
©ÂÚUæð€Ì ÜðÙÎðÙæð´ ·ð¤ çÜ° ·¤ÂÙè ·¤è ÂéSÌ·¤æð´ ×ð´ ¥æßàØ·¤ ÚUæð$ÁÙæ׿æ ÂýçßçcÅUØæ¡ ·¤èçÁ°Ð
¥Íßæ
Õè.Õè.Áè. çÜç×ÅðUÇU Ùð ` 10 ÂýˆØð·¤ ·ð¤ 1,00,000 â×Ìæ ¥´àææð´ ·¤æð ` 3 ÂýçÌ ¥´àæ ·ð¤ Âýèç×Ø×
ÂÚU çÙ»üç×Ì ç·¤Øæ Áæð ç·¤ ¥æßðÎÙ ·ð¤ âæÍ ÎðØ ÍæÐ çÙ»ü×Ù âð âÕç‹ÏÌ ÚUæð$ÁÙæ׿æ ÂýçßçcÅUØæ¡
·¤ÚUÌð â×Ø ·é¤ÀU SÍæÙ çÚU€Ì ÀêUÅU »ØðÐ §Ù çÚU€Ì SÍæÙæð´ ·¤æð Âê‡æü ·¤èçÁ°Ð

67/3 11 P.T.O.
 ºÍ.ºÍ.¦Í. ÌÁ̼ªÕU¬U
¿ËÕ$¦¾Ë¼¤Ë

¾Ë¼ ¿ËÌÅË ¦¼Ë ¿ËÌÅË

̱̲ ÌÄÄ¿UøË º.§Ð.Ç.
C C

2015
¦¾Ä¿UÍ 05 ««« ¾Ë¼ …………
……………………
…………
(1,40,000 Š™ÅËËՙ
œÕ‰ ÌÁ• C 6 §â̱ Š™ÅË §âÍ̼½¼
ÇÌȱ ŠËÄÕ³¾ ¿ËÌÅË §âËå± ÈΌá)
¦¾Ä¿UÍU 17 Ǽ±Ë Š™ÅË ŠËÄÕ³¾ žË±Ë … … … ¾Ë¼ …………
……………………
…………
……………………
…………
……………………
…………
……………………
…………
(ŠËÄÕ³¾ ¿ËÌÅË œ‰Ë Š™ÅË §Ï†¦Í ±²Ë §â̱»Ï̱
§âÍ̼½¼ žË±Ëՙ ¼Õ™ S²Ë¾Ë™±¿UøË, 20,000 Š™ÅËËՙ œÕ‰
ÌÁ• ¿g ŠËÄÕ³¾ ¿ËÌÅË œ‰Í Ä˧ÇÍ ±²Ë ÅËÕÆ œ‰Ë
Ǽ˽ËÕ¦¾ ŠËº™ªU¾ §¿U ³Õ½ ¿UËÌÅË ¼Õ™ þ½Ëՙ̜‰ ŠÅËËՙ
œ‰Ë ŠËº™ªU¾ ŠË¾Î§Ë̱œ‰ ŠË´Ë¿U §¿U ̜‰½Ë ½Ë)

¦¾Ä¿UÍ 17 ……… ¾Ë¼ …………

……………………
…………
(C 4 §âÌ ± Š™ÅË ³¿U ÇÕ ŠËº™ªU¾ ¿ËÌÅË ³Õ½)
­‰¿UÄ¿UÍ 20 ……… ¾Ë¼ …………
……………………
…………
(ÅËÕÆ ŠËº™ªU¾ ¿ËÌÅË §âËå± œ‰Í)

67/3 12
 ̱̲ ÌÄÄ¿UøË º.§Ð.Ç. ¾Ë¼ ¿ËÌÅË ¦¼Ë ¿ËÌÅË
C C
Š§âÖÁ 1 ……… ¾Ë¼ …………
……………………
…………
(§â²¼ •Ä™ ŠÌü±¼ ½Ë¤¾Ë ¿ËÌÅË ³Õ½)
Š§âÖÁ 20 ……… ¾Ë¼ …………
Š³ëË ½Ë¤¾Ë ¿ËÌÅË žË±Ë ¾Ë¼ 3,000
……………………
…………
(§â²¼ •Ä™ ŠÌü±¼ ½Ë¤¾Ë ¿ËÌÅË §âËå± œ‰Í)
¼Œá 20 ……… ¾Ë¼ …………
……………………
…………
……………………
…………
(Ž¾ Š™ÅËËՙ œ‰Ë È¿UøË Ìœ‰½Ë ½Ë ̦¾ §¿U §â²¼ •Ä™
ŠÌü±¼ ½Ë¤¾Ë ¿ËÌÅË §âËå± ¾È͙ ÈΌá)
¦Ï¾ 15 ……… ¾Ë¼ …………
……… ¾Ë¼ 3,000
……………………
…………
(È¿UøË-̜‰½Õ ½Õ Š™ÅËËՙ œ‰Ë §Î¾¶ ̾ ¼á ¾)
………… ……… ¾Ë¼ …………
……………………
…………
(… … … … … … … … … … … … … … … …
……………………………………)

67/3 13 P.T.O.
 SK Ltd invited applications for issuing 3,20,000 equity shares of ` 10 each at
a premium of ` 5 per share. The amount was payable as follows :

On application - ` 3 per share (including premium ` 1 per share)

On allotment - ` 5 per share (including premium ` 2 per share)

On First and Final Call - Balance.

Applications for 4,00,000 shares were received. Applications for 40,000 shares
were rejected and application money refunded. Shares were alloted on
pro-rata basis to the remaining applicants. Excess money received with
applications was adjusted towards sums due on allotment. Jeevan holding 800
shares failed to pay the allotment money and his shares were immediately
forfeited. Afterwards final call was made, Ganesh who had applied for 2,700
shares failed to pay the final call. His shares were also forfeited. Out of the
forfeited shares 1,500 shares were re-issued at ` 8 per share fully paid up. The
re-issued shares included all the forfeited shares of Jeevan.

Pass necessary journal entries for the above transactions in the books of the
company.

OR

BBG Ltd. had issued 1,00,000 equity shares of ` 10 each at a premium of ` 3

per share payable with application money. While passing the journal entries
related to the issue, some blanks are left. You are required to complete these
blanks.

67/3 14
 Books of BBG Ltd.
Journal
Debit Credit
Date Particulars L.F. Amount Amount
C C
2015

Jan. 05 … … … Dr.
…………
To … … …
…………
(Application money received for 1,40,000
shares @ C 6 per share including premium)

Jan. 17 Equity Share Application A/c … Dr.

…………
To … … …
…………
To … … …
…………
To … … …
…………
To … … …
…………
(Application money transferred to share capital
account, securities premium account, refunded
for 20,000 shares for rejected applications and
balance adjusted towards money due on
allotment as shares were alloted on pro - rata
basis)

Jan. 17 … … … … … … … .… Dr.
…………
To … … …
…………
(Allotment money due @ C 4 per share)

Feb. 20 … … … … … … … .… Dr.
…………
To … … …
…………
(Balance allotment amount received)

67/3 15 P.T.O.
 Debit Credit
Date Particulars L.F. Amount Amount
C C
April 1 … … … … … … … .… Dr.
…………
To … … …
…………
(First and Final Call money due)

April 20 … … … … … … … .… Dr.
…………
Calls-in-arrears A/c … . Dr.
3,000
To … … …
…………
(First and Final Call money received)

May 20 … … … … … … … .… Dr.
…………
To … … …
…………
To … … …
…………
(Forfeited the shares on which First and Final
Call was not received)

June 15 … … … … … … … .… Dr.
…………
… … … … … … … .… Dr.
3,000
To … … …
…………
(Forfeited shares re-issued)

… … … … … … … … … … … .… Dr.
…………
To … … …
…………
(… … … … … … … … … … … … … … … … … … …
……………………………)

67/3 16
17. °Ü., °×. ÌÍæ °Ù. °·¤ Ȥ×ü ·ð¤ âæÛæðÎæÚU Íð ÌÍæ 3 : 2 : 1 ·ð¤ ¥ÙéÂæÌ ×ð´ ÜæÖ Õæ´ÅUÌð ÍðÐ 8
31.3.2015 ·¤æð ©Ù·¤æ çSÍçÌ çßßÚU‡æ çِ٠Âý·¤æÚU âð Íæ Ñ

31 ×æ¿ü 2015 ·¤æð °Ü. °×. ÌÍæ °Ù. ·¤æ çSÍçÌ çßßÚU‡æ

³Õ½±Ë•† ¿UËÌÅË Çƒ§Ìë˽ˆ ¿UËÌÅË

C C
ÁÕ¾³Ë¿U 1,68,000 ºÖ™œ‰ 34,000
Ç˼Ëü½ Ǚ¤½ 42,000 ³Õ¾³Ë¿U 46,000
§Ï¦
† Ͷ SªUËœ× ‰ 2,20,000
•Á. 1,20,000 ̾ÄÕÅË 60,000
•¼. 80,000 ­‰¾Í᤿U 20,000
•¾. 40,000 2,40,000 ¼ÅË;¿UÍ 70,000

4,50,000 4,50,000

©ÂÚUæð€Ì çÌçÍ ·¤æð ¥æð. ·¤æð °·¤ ÙØæ âæÛæðÎæÚU ÕÙæØæ »Øæ ÌÍæ Øã çهæüØ çÜØæ ç·¤ Ñ

(i) °Ü.°×.°Ù. ÌÍæ ¥æð. ·¤æ ÙØæ ÜæÖ ¥ÙéÂæÌ 2 : 2 : 1 : 1 ãæð»æÐ

(ii) Ȥ×ü ·¤è ØæçÌ ·¤æ ×êËØæ´·¤Ù ` 1,80,000 ç·¤Øæ »Øæ ÌÍæ ¥æð. ¥ÂÙð Öæ» ·¤æ ØæçÌ
Âýèç×Ø× Ù»Î ÜæØæÐ

(iii) çÙßðàææð´ ·¤æ Õæ$ÁæÚU ×êËØ ` 36,000 ÍæÐ

(iv) ×àæèÙÚUè ·¤æð ` 58,000 Ì·¤ ƒæÅUæØæ ÁæØð»æÐ

(v) ` 6,000 ·¤æ °·¤ ÜðÙÎæÚU ¥ÂÙæ Îæßæ Ùãè´ ·¤ÚðU»æ ¥ÌÑ ©âð ¥ÂçÜç¹Ì ç·¤Øæ ÁæØð»æÐ

1
(vi) Ȥ×ü ×ð´ ÜæÖ ·ð¤ 6
Öæ» ·ð¤ çÜ° ¥æð. ¥æÙéÂæçÌ·¤ Âê¡Áè ÜæØð»æÐ

ÂéÙ×üêËØæ´·¤Ù ¹æÌæ, âæÛæðÎæÚUæð´ ·ð¤ Âê¡Áè ¹æÌð ÌÍæ Ù§ü Ȥ×ü ·¤æ çSÍçÌ çßßÚU‡æ ÌñØæÚU ·¤èçÁ°Ð

67/3 17 P.T.O.
 ¥Íßæ

Áð., °¿. ÌÍæ ·ð¤. °·¤ Ȥ×ü ·ð¤ âæÛæðÎæÚU Íð ÌÍæ 5 : 3 : 2 ·ð¤ ¥ÙéÂæÌ ×ð´ ÜæÖ Õæ´ÅUÌð ÍðÐ
31.3.2015 ·¤æð ©Ù·¤æ çSÍçÌ çßßÚU‡æ çِ٠Âý·¤æÚU âð Íæ Ñ

31 ×æ¿ü 2015 ·¤æð Áð., °¿. ÌÍæ ·ð¤. ·¤æ çSÍçÌ çßßÚU‡æ

³Õ½±Ë•† ¿UËÌÅË Çƒ§Ìë˽ˆ ¿ËÌÅË

C C
ÁÕ¾³Ë¿U 42,000 »Ï̼ ±²Ë »Ä¾ 1,24,000

̾ÄÕÅË Ž±Ë¿U ¤®ËÄ œ‰ËÕÆ 20,000 ¼ËÕªU¿U ÄÖ¾ 40,000

ÁË»-ÈË̾ žË±Ë 80,000 ̾ÄÕÅË 38,000

§Ï†¦Í ¶ ¼ÅË;¿UÍ 24,000

SªUËל‰ 30,000

¦Õ. 1,00,000 ³Õ¾³Ë¿U 80,000

•¤. 80,000 ì˪UË ¶ §âËĴ˾ 6,000 74,000
œÕ‰. 40,000 2,20,000
¿Ë՜‰¬ 32,000
3,62,000 3,62,000

©ÂÚUæð€Ì çÌçÍ ·¤æð °¿. Ùð ¥ß·¤æàæ »ýã‡æ ·¤ÚU çÜØæ ÌÍæ Áð. ÌÍæ ·ð¤. Ùð çِ٠àæÌæðZ ÂÚU ÃØßâæØ
¿æÜê ÚU¹Ùð ·¤æ çهæüØ ç·¤Øæ Ñ

(i) Ȥ×ü ·¤è ØæçÌ ·¤æ ×êËØæ´·¤Ù ` 1,02,000 ç·¤Øæ »ØæÐ

(ii) ·¤×ü¿æÚUè ÿæçÌÂêçÌü ·¤æ ` 8,000 ·¤æ °·¤ Îæßæ ÍæÐ

(iii) ÇêUÕÌ «¤‡ææð´ ·ð¤ çÜ° ÂýæßÏæÙ ·¤æð ` 2,000 âð ·¤× ·¤ÚUÙæ ÍæÐ

67/3 18
 (iv) °¿. ·¤æð ` 14,000 ·¤æ ٻΠÖé»ÌæÙ ç·¤Øæ ÁæØð»æ ÌÍæ àæðá ·¤æ SÍæÙæ‹ÌÚU‡æ ©â·ð¤ «¤‡æ
¹æÌð ×ð´ ·¤ÚU çÎØæ ÁæØð»æ çÁâ·¤æ Öé»ÌæÙ ¿æÚU ÕÚUæÕÚU ßæçáü·¤ ç·¤àÌæð´ ×ð´ 10% ÂýçÌßáü
ŽØæÁ ·ð¤ âæÍ ç·¤Øæ ÁæØð»æÐ

(v) Áð. ÌÍæ ·ð¤. ·ð¤ ×ŠØ ÙØæ ÜæÖ ¥ÙéÂæÌ 3 : 2 ãæð»æ ÌÍæ ©Ù·¤è Âê¡Áè ÙØð ÜæÖ ¥ÙéÂæÌ
×ð´ ãæð»èÐ Âê¡Áè â×æØæðÁÙ ¿æÜê ¹æÌð ¹æðÜ·¤ÚU ç·¤Øæ ÁæØð»æÐ

ÂéÙ×êüËØæ´·¤Ù ¹æÌæ, âæÛæðÎæÚUæð´ ·ð¤ Âê¡Áè ¹æÌð ÌÍæ Ù§ü Ȥ×ü ·¤æ çSÍçÌ çßßÚU‡æ ÌñØæÚU ·¤èçÁ°Ð

L, M and N were partners in a firm sharing profits in the ratio of 3 : 2 : 1.

Their Balance Sheet on 31.3.2015 was as follows :

Balance Sheet of L, M and N as on 31.3.2015

Liabilities Amount Assets Amount

C C
Creditors 1,68,000 Bank 34,000
General Reserve 42,000 Debtors 46,000
Capitals : Stock 2,20,000
L 1,20,000 Investments 60,000
M 80,000 Furniture 20,000
N 40,000 2,40,000
Machinery 70,000
4,50,000 4,50,000

On the above date O was admitted as a new partner and it was decided that :

(i) The new profit sharing ratio between L, M, N and O will be 2 : 2 : 1 : 1.

(ii) Goodwill of the firm was valued at ` 1,80,000 and O brought his share of
goodwill premium in cash.

67/3 19 P.T.O.
 (iii) The market value of investments was ` 36,000.

(iv) Machinery will be reduced to ` 58,000.

(v) A creditor of ` 6,000 was not likely to claim the amount and hence was to
be written off.

1 th
(vi) O will bring proportionate capital so as to give him share in the profits
6
of the firm.

Prepare Revaluation Account, Partner’s Capital Accounts and the Balance

Sheet of the New Firm.

67/3 20
 OR
J, H and K were partners in a firm sharing profits in the ratio of 5 : 3 : 2. On
31.3.2015 their Balance Sheet was as follows :
Balance Sheet of J, H and K as on 31.3.2015
Amount Amount
Liabilities Assets
C C
Creditors 42,000 Land and Building 1,24,000
Investment - 20,000 Motor Vans 40,000
Fluctuation Fund
Profit and Loss 80,000 Investments 38,000
Account
Capitals : Machinery 24,000
Stock 30,000
J 1,00,000 Debtors 80,000
H 80,000 Less : Provision 6,000
K 40,000 2,20,000 74,000
Cash
32,000
3,62,000 3,62,000
On the above date H retired and J and K agreed to continue the business on
the following terms :
(i) Goodwill of the firm was valued at ` 1,02,000.
(ii) There was a claim of ` 8,000 for workmen’s compensation.
(iii) Provision for bad debts was to be reduced by ` 2,000.
(iv) H will be paid ` 14,000 in cash and the balance will be transferred in his
loan account which will be paid in four equal yearly instalments together
with interest @ 10% p.a.
(v) The new profit sharing ratio between J and K will be 3 : 2 and their
capitals will be in their new profit sharing ratio. The capital adjustments
will be done by opening current accounts.
Prepare Revaluation Account, Partner’s Capital Accounts and Balance Sheet
of the new firm.

67/3 21 P.T.O.
 ¹‡ÇU - ¹

(çߞæèØ çßßÚU‡ææð´ ·¤æ çßàÜðá‡æ)

PART - B

(Analysis of Financial Statements)

18. €Øæ ÚUæð·¤Ç¸ ÌÍæ ÚUæð·¤Ç¸ ÌéËØ ×Îæð´ ·ð¤ ×ŠØ â´¿æÜÙ âð ÚUæð·¤Ç¸ Âýßæã ãæðÌæ ãñ? ¥ÂÙ𠩞æÚU ·ð¤ 1
â×ÍüÙ ×ð´ ·¤æÚU‡æ ÎèçÁ°Ð

Does movement between items that constitute cash or cash equivalents result
into cash flow ? Give reason in support of your answer.

19. çÙßðàæ »çÌçßçÏØæð´ âð ãé° ÚUæð·¤Ç¸ Âýßæã ·¤æ ¥Ü» âð Âý·¤ÅUÙ ×ãˆßÂê‡æü €Øæð´ ãñ? ©ËÜð¹ 1

·¤èçÁ°Ð

Why is separate disclosure of cash flows from investing activities important ?

State.

20. (·¤) ÒÎèƒæü·¤æÜèÙ ÂýæßÏæÙæð´Ó ·¤æ ¥Íü ÎèçÁ°Ð 2+2=4

(¹) ÒÃØæÂæçÚU·¤ ×æÜÓ ·ð¤ ¥çÌçÚU€Ì ·¤ÂÙè ¥çÏçÙØ× 2013 ·¤è âê¿è III ·ð¤ ¥‹Ì»üÌ
©Âàæèáü·¤ Ò×æÜ âê¿èÓ ·ð¤ ¥´Ì»üÌ Îàææü§ü ÁæÙðßæÜè ç·¤‹ãè´ ¿æÚU ×Îæð´ ·¤è âê¿è ÎèçÁ°Ð

(a) Give the meaning of ‘Long-Term Provisions’.

(b) List any four items other than ‘stock-in-trade’ that are presented under
the sub-head ‘inventories’ as per schedule III of the Companies Act, 2013.

67/3 22
 4
21. 31 ×æ¿ü 2015 ·¤æð â×æŒÌ ãé° ßáü ·ð¤ çÜ° ×êÙ §ç‡ÇUØæ çÜç×ÅðUÇU ·¤æ ÜæÖ-ãæçÙ çßßÚU‡æ çِÙ
Âý·¤æÚU âð ãñ Ñ

31.3.2015 31.3.2014
ÌÄÄ¿UøË ¾ËÕªU Ǚ. C C
œ‰Ë½áœ‰Á˧Ëՙ ÇÕ ŠË ¼ 50,00,000 40,00,000
Šü½ ŠË½ 2,00,000 10,00,000
œ‰¼á¤Ë¿UÍ Ìȱ ÁË» ¨½½ œÎ‰Á ŠË ¼ œ‰Ë  œÎ‰Á ŠË ¼ œ‰Ë 
Šü½ ¨½½ œ‰¼á¤Ë¿UÍ ÌȱÁË» ¨½½ œ‰¼á¤Ë¿UÍ ÌȱÁË» ¨½½
œ‰Ë 10% œ‰Ë 
œ‰¿U ³¿U 50% 40%

×êÙ §ç‡ÇUØæ çÜç×ÅðUÇU ·¤æ ¥æÎàæü-ßæ€Ø »ýèÙ °ÙÁèü ·¤æ ©ˆÂæÎÙ ·¤ÚU·ð¤ §â·¤æ çßÌÚU‡æ ÖæÚUÌ ·ð¤
çÂÀUǸð ÿæð˜ææð´ ×ð´ ·¤ÚUÙæ ãñÐ §âÙð ÚUæÁSÍæÙ ·ð¤ çÂÀUǸð ÿæð˜ææð´ ·¤è ÜǸ緤Øæð´ ·¤æð ÃØæßâæçØ·¤
Âýçàæÿæ‡æ ÎðÙð ·¤è °·¤ ÂçÚUØæðÁÙæ Öè àæéM¤ ·¤è ãñÐ
çÎØð »° ÜæÖ-ãæçÙ çßßÚU‡æ âð ÌéÜÙæˆ×·¤ ÜæÖ-ãæçÙ çßßÚU‡æ ÌñØæÚU ·¤èçÁ° ÌÍæ °ðâð ç·¤‹ãè´
Îæð ×êËØæð´ ·¤è Âã¿æÙ Öè ·¤èçÁ° çÁ‹ãð´ ·¤ÂÙè â×æÁ ·¤æð ÂýðçáÌ ·¤ÚUÙæ ¿æãÌè ãñÐ

67/3 23 P.T.O.
 Following is the Statement of Profit and Loss of Moon India Ltd. for the year
ended 31st March 2015.

Note 31.3.2015 31.3.2014

Particulars
No. C C
Revenue from
operations 50,00,000 40,00,000
Other Incomes 2,00,000 10,00,000

Employee benefit 60% of total 50% of total

expenses Revenue Revenue

Other Expenses 10% of employee 20% of employee

benefit expenses benefit expenses

Tax Rate
50% 40%

The motto of Moon India Ltd. is to produce and distribute green energy in the
backward areas of India. It has also taken up a project of giving vocational
training to the girls belonging to the backward areas of Rajasthan.
You are required to prepare a comparative statement of Profit and Loss of
Moon India Ltd. from the given statement of Profit and Loss and also identify
any two values that the company wishes to convey to the society.

22. (·¤) Òç·ý¤ØæàæèÜÌæ ¥ÙéÂæÌæð´Ó âð €Øæ ¥çÖÂýæØ ãñ? 2+2=4

(¹) çِ٠âê¿Ùæ â𠧋ßð‹ÅþUè (SÅUæò·¤) ¥æßÌü ¥ÙéÂæÌ ·¤è »‡æÙæ ·¤èçÁ° Ñ
·¤æØü·¤ÜæÂæð´ âð ¥æ»× ` 16,00,000; ¥æñâÌ §‹ßð‹ÅþUè (SÅUæò·¤) ` 2,20,000; â·¤Ü
ãæçÙ ¥ÙéÂæÌ 5%Ð

(a) What is meant by ‘Activity Ratios’ ?

(b) From the following information calculate inventory turnover ratio;

Revenue from operations ` 16,00,000; Average Inventory ` 2,20,000;
Gross Loss Ratio 5%.

67/3 24
23. 31.3.2015 ·¤æð °×.°×. çÜç×ÅðUÇU ·¤æ çSÍçÌ çßßÚU‡æ çِ٠Âý·¤æÚU âð Íæ Ñ 6

°×.°×. çÜç×ÅðUÇU
31.3.2015 ·¤æð çSÍçÌ çßßÚU‡æ
¾ËÕªU 31.3.2015 31.3.2014
ÌÄÄ¿UøË
Ǚ. C C

I. Ǽ±Ë ±²Ë ³Õ½±Ë•†

(1) Š™ÅË´Ë¿UÍ Ì¾Ì´½Ë†
(Š) Š™ÅË §†Ï¦Í 5,00,000 4,00,000
(º) Ǚ¤½ •Ä™ ŠËÌ´þ½ 1 2,00,000 (50,000)
(2) Š¤Á ³Õ½±Ë•†
³ÍìËᜉËÁ; ‰øË 2 4,50,000 5,00,000
(3) ¤ËÁÏ ³Õ½±Ë•†
(Š) ÁìËΜ‰ËÁ; ‰øË 3 1,50,000 50,000
(º) ÁìËΜ‰ËÁ; §âËĴ˾ 4 70,000 90,000
œÎ‰Á 13,70,000 9,90,000
§Ì¿Uǃ§Ìë˽ˆ
II.
(1) Š¤Á §Ì¿Uǃ§Ìë˽ˆ
(Š) S²Ë½Í ǃ§Ì±½Ë†
(i) ¼Ï±á 5 10,03,000 7,20,000

(ii) Š¼Ï±á 6 20,000 30,000

(º) Š¤Á ̾ÄÕÅË 1,00,000 75,000

(2) ¤ËÁÏ §Ì¿Uǃ§Ìë˽ˆ
(Š) ¤ËÁÏ Ì¾ÄÕÅË 7 50,000 60,000

(º) SªUËל‰ (¼ËÁÇϤÍ) 1,07,000 45,000

(Ç) ¿UËœÕ ‰¬ ±²Ë ¿UËœÕ ‰¬ ±Î°½ 90,000 60,000
œÎ‰Á 13,70,000 9,90,000

67/3 25 P.T.O.
 ¹æÌæð´ ·ð¤ ÙæðÅ÷Uâ
31.3.2015 31.3.2014
¾ËÕªU Ǚ ÌÄÄ¿UøË
C C
(1) Ǚ¤½ •™Ä ŠËÌ´þ½ (ŠËÌ´þ½-ÁË»-ÈË̾
ÌÄÄ¿UøË œ‰Ë ÅËÕÆ) 2,00,000 (50,000)

2,00,000 (50,000)
(2) ³ÍìËᜉËÁ; ‰øË
12% ‰ø˧îË 4,50,000 5,00,000
4,50,000 5,00,000
(3) ÁìËΜ‰ËÁ; ‰øË
ºÖ™œ‰ ŠÌ´ÌĜ‰Æá 1,50,000 50,000
1,50,000 50,000
(4) ÁìËΜ‰ËÁ; §âËĴ˾
œ‰¿U œ‰Ë §âËĴ˾ 70,000 90,000
70,000 90,000
(5) ¼Ï±á §Ì¿Uǃ§Ìë˽ˆ
¼ÅË;¿UÍ 12,03,000 8,21,000
•œ‰Ìî˱ ¼Ï°½OËÇ (2,00,000) (1,01,000)
10,03,000 7,20,000
(6) Š¼Ï±á §Ì¿Uǃ§Ìë˽ˆ
€½Ë̱ 20,000 30,000
20,000 30,000
(7) SªËל‰ (̺œâ‰Í œÕ‰ ÌÁ• ¼ËÁ) 1,07,000 45,000
1,07,000 45,000
¥çÌçÚU€Ì âê¿Ùæ Ñ
(i) 12% «¤‡æ˜ææð´ ·¤æ àææðÏÙ 31.3.2015 ·¤æð ç·¤Øæ »ØæÐ
(ii) ßáü ×ð´ ` 70,000 ·¤ÚU Öé»ÌæÙ ç·¤Øæ »ØæÐ
ÚUæð·¤Ç¸ Âýßæã çßßÚU‡æ ÌñØæÚU ·¤èçÁ°Ð

67/3 26
 Following was the Balance Sheet of M.M. Ltd at on 31.3.2015.

M.M. Ltd.

Balance Sheet as at 31.3.2015

Note 31.3.2015 31.3.2014

Particulars
No. C C
I. Equity and Liabilities

(1) Shareholder's Funds

(a) Share Capital
5,00,000 4,00,000
(b) Reserves and Surplus 1 2,00,000 (50,000)
(2) Non-Current Liabilities
Long- term borrowings 2 4,50,000 5,00,000
(3) Current Liabilities
(a) short-term borrowings 3 1,50,000 50,000
(b) short-term provisions 4 70,000 90,000
Total
13,70,000 9,90,000
II. Assets

(1) Non-Current Assets

(a) Fixed Assets
(i) Tangible 5 10,03,000 7,20,000
(ii) Intangible 6 20,000 30,000
(b) Non-Current Investments
1,00,000 75,000
(2) Current Assets
(a) Current Investments 7 50,000 60,000
(b) Inventories
1,07,000 45,000
(c) Cash and Cash Equivalents 90,000 60,000
Total
13,70,000 9,90,000

67/3 27 P.T.O.
 Notes To Accounts

Note 31.3.2015 31.3.2014

Particulars
No. C C
(1) Reserves and Surplus (Surplus
i.e. Balance in statement of Profit
and Loss)
2,00,000 (50,000)

2,00,000 (50,000)
(2) Long - term borrowings 12%
Debentures
4,50,000 5,00,000
4,50,000 5,00,000
(3) Short - term borrowings
Bank overdraft
1,50,000 50,000
1,50,000 50,000
(4) Short - term Provisions Provision
for tax
70,000 90,000

70,000 90,000
(5) Tangible Assets
Machinery 12,03,000 8,21,000
Accumulated Depreciation (2,00,000) (1,01,000)

10,03,000 7,20,000
(6) Intangible Assets
Goodwill 20,000 30,000
20,000 30,000
(7) Inventories
Stock in trade 1,07,000 45,000
1,07,000 45,000
Additional Information :

(i) 12% Debentures were redeemed on 31.3.2015.

(ii) Tax ` 70,000 was paid during the year.

Prepare Cash Flow Statement.

67/3 28
 ¹‡ÇU - ¹

(¥çÖ·¤çܘæ Üð¹æ´·¤Ù)

PART - B

(Computerized Accounting)

18. ·´¤ŒØêÅÚUè·ë¤Ì Üð¹æ´·¤Ù âæÅUßðØÚU ×ð´ Üð¹æ´·¤Ù ¥æ´·¤Ç¸æð´ ·¤è »‡æÙæ ·ñ¤âð ·¤è ÁæÌè ãñ? 1

How is Accounting data computed in a computerized accounting software ?

19. ҥ洷¤Ç¸ð ÂçÚUc·¤ÚU‡æ ¿·ý¤ (ÇUæÅUæ Âýæðââè´» âæ§üç·¤Ü)Ó ×ð´ çÙçãÌ ·¤Î×æð´ ·¤è âê¿è ÎèçÁ°Ð 1

List the steps that are involved in ‘Data Processing Cycle’.

20. ¥çÖ·¤çܘæ Üð¹æ´·¤Ù ×ð´ Üð¹æð´ ·¤æ ¥æ‹ÌçÚU·¤ ÁæðǸ-ÌæðǸ ãSÌèØ Üð¹æ´·¤Ù âð ·¤æÈ¤è ¥æâæÙ ãñÐ 4

·ñ¤âð?

Internal manipulation of records is much easier in computerized accounting

than in manual accounting. How ?

21. ¥æ´·¤Ç¸ðU ¥æÏæçÚUÌ ÂýÕ´Ï Âý‡ææÜè (ÇUè.Õè.°×.°â.) ·ð¤ ç·¤‹ãè´ ¿æÚU ÜæÖæð´ ·¤æð â×Ûæ槰Р4

Explain any four advantages of Data Based Management System (DBMS).

67/3 29 P.T.O.
22. Üð¹æ´·¤Ù âæÅUßðØÚU ÅðUÜè ·¤æ ©ÂØæð» ·¤ÚU·ð¤ ÒÕñ´·¤ â×æÏæÙ çßßÚU‡æÓ ÌñØæÚU ·¤ÚUÙð ·ð¤ ¿ÚU‡ææð´ ·¤æ 4

©ËÜð¹ ·¤èçÁ°Ð

State the steps to construct ‘Bank Reconciliation Statement’ using accounting

software tally.

23. ÚUæðçãÌ ·é¤×æÚU °·¤ âéÂÚUßæ§ü$ÁÚU ãñÐ ×æã ×ð´ ©âÙð ÌèÙ çÎÙæð´ ·¤æ ¥ß·¤æàæ çÜØæÐ ©â·¤æ ×êÜ 6
ßðÌÙ ` 25,000 ãñÐ °€âðÜ ·¤æ ©ÂØæð» ·¤ÚUÌð ãé° çِ٠âê¿Ùæ âð Ñ

(·¤) ¥çÁüÌ ×êÜ ßðÌÙ;

(¹) ×ã´»æ§ü ֞ææ;

(») »ëã ç·¤ÚUæØæ ֞ææ ÌÍæ

(ƒæ) ÂçÚUßã٠֞ææ

»‡æÙæ ·¤ÚUÙð ·ð¤ âê˜æ ÎèçÁ°Ð

âê¿Ùæ Ñ

×æã ×ð´ ·¤æØü·¤æÚUè çÎßâ-31 ãñ´, ×ã´»æ§ü ֞æð ·¤è ÎÚU ×êÜ ßðÌÙ ·¤æ 55%, âéÂÚUßæ§ü$ÁÚUè SÅUæòȤ ·¤æ
»ëã ç·¤ÚUæØæ ֞ææ ×êÜ ßðÌÙ ·¤æ 25%, »ñÚU âéÂÚUßæ§ü$ÁÚUè SÅUæòȤ ·¤æ »ëã ç·¤ÚUæØæ ֞ææ ×êÜ ßðÌÙ
·¤æ 12%, âéÂÚUßæ§ü$ÁÚUè SÅUæòȤ ·¤æ ÂçÚUßã٠֞ææ ` 2,000 ÂýçÌ ×æã ÌÍæ »ñÚU âéÂÚUßæ§ü$ÁÚUè SÅUæòȤ
·¤æ ÂçÚUßã٠֞ææ ` 1,000 ÂýçÌ ×æã ãñÐ

67/3 30
 Rohit Kumar is a supervisor. He took leave for three days during the month.
His basic pay is ` 25,000.

On the basis of the following information using Excel give the formulae to
compute :

(a) Basic pay earned;

(b) D.A.;

(c) House rent allowance and

(d) Transport allowance.

Information :

Number of working days in the month - 31, Rate of D.A. 55% of basic pay, HRA
for supervisory staff is 25% of basic pay, HRA for non-supervisory staff 12% of
basic pay, Transport allowance for supervisory staff ` 2,000 per month,
transport allowance for non-supervisory staff ` 1,000 per month.

67/3 31 P.T.O.