Friday, February 22, 2019


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sf7df8f}F ;x/ dflg;sf] dfq jf;:yfg geP/ r/fr'?ËLx¿sf] klg jf;:yfg xf] . oxfF 3/cufl8 /f]lkPsf ?v jf ;fj{hlgs hUufdf ePsf ?vdf u'F8 agfP/ w]/} hftsf r/fr'?ËLx¿ a:g] ub{5g\ .
s'/f @)^* ;fnlt/sf] xf] . ;a} r/fx¿ hDdf eP/ of] sf7df8f}F w]/} k|b"lift eof], ca cln 6f9f uP/ hª\undf a:g'kb{5 eg]/ Pp6f af7f] h'/]nLn] k|:tfj /fVof] . cGo ;a} r/fx¿nfO{ h'/]nLsf] s'/f dg k¥of] lsgeg] h'/]nLn] hª\undf :j:5 xfjf, kfgL, r/fsf nflu k|z:t vfnL hUuf, ;kmf / cfgGbbfoL 7fpF x'G5 eg]/ aofg u/]kl5 cGo r/fx¿n] o; Jo:t sf7df8f}Fdf ePsf] w'nf], w'Fjf clg rf]/L l;sf/Lsf] 8/df a:g'eGbf nlntk'/sf] n'e' hª\unsf] 5]pdf ;a} ldn]/ a:g] lg0f{o u/] . To;}cg';f/ ;Dk"0f{ of]hgf tof/ kfl/of].
r/fx¿dWo] w]/} r/f ;f]emf lyP . tL r/fx¿n] l;wf s'/f a'‰by] . h'/]nLn] hf] hf] hfg rfxG5, ca t'?Gt} lgwf] lbg'kb{5 / To; 7fpFdf gofF hª\unsf] :yfkgf ug{ nfluPsf] x'Fbf ;a} hfg OR5'sn] gfd l6kfpg'kb{5 eGof] . w]/} r/fx¿n] gfd l6kfP cem} w]/} l6kfpg] r/fdf 9's'/ lyP . h;n] rfF8f] l6kfpF5 p;n] 7'nf] / /fd|f] ?v kfpF5 . Tof] klg /f]h]sf] kfpF5 eg]kl5ToxfF s;n] klxnf gfd l6kfpg]eGg] xfgyfk eof] .
oxL a]nfdf af7f] h'/]nLn] df}sf 5f]Kof] clg s]xL ;t{ cufl8 ;f¥of] . gfd t l6kfof},ca xfdLn] tof/ ug]{ ?vsf nflu la?jf vf]Hg'kb{5 . pGgt hftsf] la?jf /f]Kgsf nflu hUuf lsGg'kb{5 . To;}n] ;a} r/fx¿n] rf/f] hDdf ug{'kb{5 . h'/]nLsf] o:tf];t{ ;'g]kl5 Pp6f 9's'/n] k|Zg u¥of] . Tof] 7fpFdf t tkfO{+n] eg]sf] eGbf sd rf/f] hDdf ubf{ klg /fd|f] af]6 aGg ;Sb5 To;}n] olt w]/} rf/f] lsg hDdf ug]{ < h'/]nLn] hjfkm lbof], Tof] cToGt cfgGbbfoL 7fpFdf :jR5 xfjfkfgL clg /ftdf emndNn pHofnf] aQLsf] klg Joj:yf 5, Tof] ;'Gb/ kxf8sf] sfv xf] lg t Û To;}n] s]xL a9L Joj:yf t ldnfpg'k¥of] lg Û h'/]nLn] o;/L JofVof u/]kl5 km]l/ ;a} 9's'/x¿ ljZj:y eP / ;Sbf] rfF8f] rf/f] hDdf ug]{ tkm{ nfu] .
w]/} 9's'/x¿ sf7df8f}Fsf] of] uGhfuf]n 5f]8]/ ;kmf / k|z:t rf/f] kfOg] ljZjsf cGo ljsl;t ;x/df rf/fx¿ vf]Hg uPsf lyP . kl5 a'9];sfndf cfˆg} k'/fgf] 7fpFdf :jR5, ;kmf / ;'ljwfo'St 7fpFdf cfgGb;Fu a:g kfOG5 / ;a};Fu ldn]/ Pp6} kl/jf/ h:tf] eP/ a:g kfOG5 eg] rf/f] hDdf ug{ lsg kl5 kg]{ egL ;a} r/fn] rf/f] hDdf ug]{ / hª\un a's ug]{ sfd u/] .
/ft laTb} uP, cu|fv knfpFb} uP .cGo r/fx¿n] klg h'/]nLsf of]hgfx¿ yfxf kfP . rf/f] hDdf ePsf] yfxf kfPkl5 tLg sfu / Ps sf]OnL eP/ h'/]nLnfO{ kmsfpg yfn] . h'/]nL dfg]g . p;n] eGof], cfkm"n] kl/sNkgf u/]sf] hª\un d cfkm}F tof/ ub{5' . dnfO{ s;}sf] ;fy rflxFb}g, s]jn Odfgbf/ 9's'/sf] ;fy eP k'Ub5 lsgeg] o; ;x/sf sfux¿b]lv d x}/fg 5' . t/ sfusf cufl8 h'/]nLsf] s]xL nfu]g . h'/]nLnfO{ sfun] km;fO{ 5f8] clg ;Dk"0f{ hª\unsf] lhDdf tL rf/fx¿;lxt sfun] lng] df}lvs ;xdlt eof] . h'/]nLn] h] ePklg ;xdlt lnlvt ug{'kb{5 eGbf sfux¿n] lrKnf] s'/f u/] . sfun] eg], x]/, h'/]nL efO Û of] ;xdlt lnlvt ubf{ ltdL g} km:g] sfd x'G5 To;}n] of] gu/f}F . sfux¿ lnlvt ;xdlt ug{ rfxFb}glyP lsgeg];xdlt ubf{ To;df n]lvPsf ;t{df afFlwg'kg]{ afWotf pgLx¿nfO{ x'g] lyof] .
la:tf/} lbg laTb} uP . cfhef]ln eGbfeGb} w]/} ;do o;} v]/ uof] . slxn] oxfF hª\un agfpg], slxn] ToxfF agfpg], slxn] of] ldn]g, slxn] Tof] ldn]g, ca of] lxpFbdf t slxn] Tof] lxpFbdf, clg slxn] b;}Fcufl8,slxn] b;}F k5fl8eGb} rf/f] hDdf ug]{ tL 9's'/nfO{ sfux¿n] em'nfO/x] . s]xL ;dokl5 sfux¿n] eGg yfn], of] 7fpF cToGt} ;'ljwfo'Qm 5 t/ of] hª\undf af; lngsf nflu w]/} rf/f] vr{g'k5{ . o;f];Dd eGg EofP t/ 9's'/x¿ klg s] sd tL sfux¿;Fu d'sflanf ug{ tof/ ePkl5 ToxL rf/f]df sfux¿n] hª\un tof/ u/]/ lbg] 5f}F eg]/ df}lvs ¿kdf km]l/ eg] . t/ cu'N6fn] xfg]sf] s's'/ lah'nL b]Vbf t;{G5 eg]h:t} 9's'/ sfusf] s'/fdf ljZj:t x'g ;s]gg\ . sfux¿ w]/} af7f lyP .c? r/fx¿n] hDdf u/]sf rf/fx¿ lngsf nflu ysf{P/, wDsfP/, kmsfP/ clg slxn] h'/]nL t slxn] sf]OnLsf] ;xof]u lnP/ cfˆgf] sAhfdf lng] uby]{ . lar/f 9's'/x¿ Ps x'g ;s]sf lyPgg\ .
Pslbg km];a'ssf] dfWodaf6 9's'/x¿ Ps eP5g\ clg Psn] csf{nfO{ km];a'sdf hf]8\b} uP/ cfˆgf] dgdf nfu]sf s'/f ;+;f/el/ /fVb} hfFbf, h'/]nL / sfux¿ cfn;tfn; k/]sf /x]5g\ . tL sfux¿dWo] Pp6f sfu cln a9L rt'/] /x]5 p;n] h'lSt lgsfn]5.ca xfdLn] dfq o;sf] ;dfwfg ug{ ;Sb}gf}F lsgeg] of] xfd|f]] sfa'aflx/ 5 . xfdL cfkm}F af]S;L / cfkm}F wfdL ePsf 5f}F .;a} s'/f 9's'/x¿nfO{ yfxf eO;s]sf] 5 . To;}n] ca xfdLn] s]xL pkfo ckgfpg'kb{5 eg]/ Pp6f sfun] eg]5 . s]xL a]/df csf]{ sfun] dnfO{ h'lSt cfof] eg]/ cfˆgf] h'lSt ;'gfpg yfn]5 . ca xfdLn] sf]OnLnfO{ eGg'k5{, sf]OnL ltdLnfO{ km];a'sdf ;a}n] ufnL u/]sf 5g\ . ltdLn] pgLx¿sf] rf/f] vfof} eg]sf 5g\ .o;f] eg]/ sf]OnLnfO{ elglbPdf sf]OnLn] 9's/nfO{ ufnL ub{5 clg ;a} 9's'/ 8/fpg]5g\ . km];a's sf]OnLn] aGb u/fpg] 5 clg xfdLn] Tof] hDdf x'g cfPsf] rf/f]nfO{ 9's'/sf] cfFvfdf 5f/f] xfn]/ cfˆgf] agfpg] 5f}F . Tof] sfusf] af7f] s'/f ;a} sfu / ;f]emf] h'/]nLnfO{ dg k/]5 clg Pslbg 9's/;lxt a}7s a:g] lg0f{o u/]5g\ .
Pp6f sfun] sf]OnL, h'/]nL / 9's'/nfO{ va/ u/]5 . sf]OnLnfO{ km];a'sdf ;a} ltd|f] a]Oht ePsf], rf/f] vfPsf] cf/f]k 5 eg]/ gePsf] s'/f nufP5g\ / a}7sdf af]nfP5g\ .
a}7sdf 9's'/, h'/]nL, sf]OnL, s]xL sfu cfPsf lyP . a}7ssf] :yfg x'g]jfnfhª\undf g} cfof]hgf ul/Psf] lyof], s'/f /fd|};Fu cufl8 al9/x]sf] lyof] . ca s] s;/L cufl8 a9fpg]< s] s] sf/0fn] hª\un k"/f x'g ;s]g< eg]/ Ps sfun] csf]{ sfunfO{ bf]if nufP/ sf]OnL clg cGo pkl:yt r/fx¿nfO{ ;'gfpFb} lyof] . Tolts}df a]u;Fu p8]/ cGo rf/ sfux¿ cfP To;dWo] 9's'/n] lrg]sf] sfu Pp6f dfq lyof] . Tof] lrg]sf] sfun] ;a}nfO{ gdg u¥of]. af7f] sfu ld7f] af]Ng] x'gfn] ;a}sf] Wofg lvRof] . 56\6' sfusf] la|lkmË Tolts}df /f]lsof] clg 9f8] sfun] 9's'/nfO{ k|Zg u¥of]{ lsg km];a'sdf ;a}nfO{ hf]8]sf] < lsg ldl8ofafhL u/]sf] <s] kmfObf 5 eg]/ Psf]xf]/f] k|Zg ul//x]sf] lyof] . lar/f 9f8] sfunfO{ s] yfxf ;fd"lxs 5nkmnsf] kmfObf <sf]OnL klg e|ddf lyof] clg sf]OnLn] klg km];a's aGb ug'{kb{5 eGof] To;sf] hjfkmdf 9's'/n] gd| :j/df eGof] olb km];a's aGb u/fpg] eP Dofs h'unnfO{ eg lsgeg] of] u|'k xfdL ;a} 9's'/sf] u|'k xf] / To;df xfd|f s'/f ;'gfpg, a'emfpg / xfd|f] ;'Gb/ jf;:yfg agfpg tof/ ul/Psf] x'Fbf slxNo} of] aGb x'g] 5}g eg]/ 9's'/n] cfˆgf] ts{ /fv] .
o;kl5 csf]{ 9f8] sfu;Fu cfPsf] gofF rfD;] sfunfO{ vlk;Sg'ePg5 clg Tof] sfu a'?Ss plk|mP/ of] km];a's lsg vf]n]sf] <lsg o;df hyfefjL n]v]sf] <eg]/ s/fpFb} lyof] . 9's'/n] eGof],:j/ g ;'l4 nf6f]sf] a'l4 s] ltdLnfO{ yfxf 5, of] km];a'sdf sf] sf] hf]l8Psf 5g\ < ltdLn] s]an 9f8]sfusf] ;fyL eP/ p;}sf s'/f ;'g]sf dfq 5f} a? ltd|f sfu ;fyLx¿;Fu km];a's vf]Ng nufP/ k9 clg ts{ u/ . o;f] eGbf Tof] rfD;] sfu 5fFufaf6 v;]h:tf] eof] .;a} sfunfO{ nfUof] ca of] 9's'/;Fu 5nkmn ug{ ;lsFb}g . clg sfun] eGof], o;hª\unsf] lhDdf ltdL 9's'/x¿n] n]cf] .o;f] eGbf 9's'/n] ;xh} eGof], x'G5, xfdL a:g] hª\un xfdL ;a}n] ldn]/ agfpg] xf] . ;a} lx;fa lstfa b]vfP/ ;a}nfO{ af]nfP/ lnlvtd u/]/ vr{ ug]{ clg kfbbzL{ u/fP/ sfd ug]{ xf] .o;/L 9's'/n] lhDdf lng] s'/f agfPkl5 sfux¿ cfltP .clg eGg yfn], of] hª\un aGgaf6 /f]Sg cGo JojwfgcfpF5g\ c¿ sDkm", s/fFt], h'8f] / aGb's rnfpg] sfux¿n] o;nfO{ /f]Sg ;S5g\ . To;}n] o;df xfd|f] ;xdlt 5}g eGb} ToxfFaf6 a}7s 5f]8L p8]/ uP .
h'/]nL, sf]OnL, 9's'/ / do"/ k|:tfjljxLg a}7ssf] ;dLIff ub}{ cln k/;Dd ;Fu} cfP . sf]OnLn] olb d}n] rf/f] vfPsf] eP d h] klg ug{ ;S5' eGb} labf eP/ uP . h'/]nL / do"/nfO{ 9's'/n] eGof], s] xf] lagfk|:tfjsf] s]sf] a}7s lsg af]nfPsf]<o;/L 9's'/ s8\lsFbf h'/]nL cgsgfof] / eGof] o; hª\undf ;a}sf u'0fx¿ Ps}gf;sf agfpg] eg]/ 5nkmn ug{ xf] . clg 9's'/n] km]l/ yKof], of] lg0f{o s] sfun] ug{ ;S5g\, h;n] o; hª\unsf] lgdf{0f ug{ 7]Ssf lnPsf 5g\ . cfˆgf] rf/f] s6fP/ hDdf u/]sf] rf/f] lbg] 9's'/x¿af6 dfq of] ;Dej 5 . o;f] eGbf do"/ cSs g dSs k¥of]. h'/]nLn] Tof] t xf] eGof] .o;kl5 ;a} 5'l§P . 5'l§g] a]nfdf 56\6' sfu cfP/ of] Tof] eGb} s'/f ldnfpFb} lyof] . 9's'/n] lsg k|:tfjlagfsf] a}7s af]nfPsf] eg]/ 56\6' sfunfO{ xKsfPkl5 r]D;] sfu grflxg] af7f] eof] . o;nfO{ dfkmL dufpg'k5{ eGg] lgisif{ lgsfn]/ do"/, h'/]nL, 9's'/ / 5'6\6' sfu 5'l§P/ cf–cfˆgf] af6f] nfu] .
s]xL lbgkl5 h'/]nL / 9's'/ ldn]/ sf]OnL sxfF k'u] . sf]OnL ;zª\lst eof] t/ 9's'/n] tkfO{+ cflQg' kb}{g lsgls ltdLnfO{ 9's'/n] bf]if nufPsf 5}gg\ . To;}n] ca rfF8f]eGbf rfF8f] of] hª\un s;/L tof/ ug{ ;lsG5 / ;+;f/el/ 5l/Psf 9's'/sf] lrQ s;/L a'emfpg ;lsG5 lsgeg] pgLx¿hª\undf a:g xtfl/;s]sf 5g\ . To;}n] ca xfdLn] Tof] hª\undf ;'ljwf ;DkGg a;fO u/fpg, eo/lxt a;fO u/fpg, Pslqt a;fO u/fpg s] ug'{knf{ eg]/ 9's'/n] s'/f /fVof] . sf]OnLn] eGof], ca xfdLn] sfux¿n] ug]{ sfdsf] r]s ug{ / sfd l56f] u/fpg t'?Gt 9's'/x¿, sf]OnL, do"/ / h'/]nLsf] ;d]t ;+nUgtfdf Pp6f ;ldlt agfP/ ;a} r]s PG8 Aofn]G; ug]{ / rfF8f]eGbf rfF8f] of] sfd ;DkGg ug]{ ;Nnfx u/] .
ca eg] ;f]xL ;Nnfxcg';f/ sfd x'g yfNof] . o;kl5 c;fWo} /fd|f] gd'gf hª\un tof/ eof] . ;a}hgf ldn]/ 5nkmn u/] . ;of}F 9's'/, sf]OnL, do"/, h'/]nL / sfux¿ ;a}sf] hª\un ;+/If0f ;ldlt agfP/ Psn] csf]{nfO{ ;xof]u u/]/ ;a}hgf ldnL klxnf ePsf ;a} sdL sdhf]/L lal;{P/ cufl8 a9] . cfh ;+;f/df g} Pp6f :ju{h:tf] gd'gf hª\un agfP/ ;a} r/fx¿ a;]sf 5g\ .
                             n]vs →v8s axfb'/ a:g]t 


Shree Shanti secondary school
The  Send-up Examination -2075
Time: 3:00 hrs                          Grade XI                   Full Marks: 100
Subject: Accountancy
 

Candidates are required to give their answer in their own words as far as practicable. The figures in the margin indicate full marks.
1.       Explain any three function of accounting.
n]vfÍgsf s'g} # sfo{x¿ pNn]v ug'{xf];\ .                                3
2.       Write in brief about money measurement concept of accounting with suitable example. df}b|Ls dfkgsf] cjwf/0ffnfO{ pbfx/0f;lxt k|i6 kfg'{xf];\ .      3
3.       State the meaning of error of omission with suitable example.
5'6;DalGw ulNtnfO{ pbfx/0f;lxt k|i6 kfg'{xf];\ .      2
4.       What is capital profit? Support your answer with suitable example. 
k'hLFut gfkmf eg]sf] s] xf] < pbfx/0f lbg'xf];\ .        2
5.       Write any two importance of capital reserve.
k'hLFut hu]8fsf s'g} @ dxTjx¿ k|i6 kfg'{xf];\ .              2
6.       Mention any three objectives of present accounting system of Nepal.
   gofF >]itf k|0ffnLsf # p2]Zox¿ k|i6\ofpg'xf];\ .  3
7.       Differentiate government accounting with business accounting. 
;/sf/L >]:tf / Jofkf/Ls >]:tf ljr leGgtf 5'6\ofpg'xf];\ .               3
8.       Following transactions are given.2
Jan.1: commence business with bank balance Rs. 150,000
Jan.2: goods purchased Rs. 60,000.
Jan.3: salary paidRs.6,000 and outstanding Rs. 4,000.
Jan.4: cash withdrawn from bank Rs.10,000.
Required: accounting equation
9.       Following transactions are given.                                                              2+2
Asar.1: sold goods on cash Rs. 25,000 and on credit Rs. 15,000.
Asar.2: sold furniture of Rs. 7,000 for Rs. 6500.
Asar.3: cash paid to Ram Rs. 9,000 for full settlement of his account of his account of Rs. 10,000.
Asar.4: sold goods to Rohan worthRs. 3500.
Required:  (1) journal entries (2) sales account
10.   Following are the transactions related to sales.                                  (2)
(A)    Sold to kusum provision store kalimati
200 kg rice @Rs.55 per kg.
300 kg of basmati rice @Rs.100 per kg
Trade discount @10%
(B)   Sold to balaji suppliers kumaripati
50 kg Dal @ Rs. 100 per kg 12% trade discount
300 packet Garam masala @Rs. 30 each
Required:  sales book
11.   The following cash and banking transactions are given.                  6
March 1:  opening cash balance (Dr.) Rs. 20,000 and bank balance (CR.)          Rs.60,000.
March 5:   goods purchase for Rs.30,000 and payment made by cheque and cash equally.
March 10:  cheque received from RumaniRs.24500 for full settlement of his account of Rs. 25,000.
March 15:  cheque of Rumani deposited into bank
March 20:  salary paid Rs. 12,000 and interest received Rs. 10,000.
Required: Triple column cash book
12.   Following information are given.                                               (6)
a)       Pass book showed a Dr. Balance of Rs. 70,000 on ending of January.
b)      Cheque of Rs. 22,000 issued during the month of January but cheque of Rs. 12,000 only presented for payment.
c)       Service charge Rs. 1500 only charged by bank but not recorded in cash book.
d)      Cheque of Rs. 38,000 collected during the month and sent for collection but only Rs. 18,000 credited by bank.
e)      A customer directly deposited in to bank Rs. 28,000 which is not entered in cash book.
f)       Debit side of cash book under cast by Rs. 2400.
Required: Bank Reconciliation Statement
13.   Given below is unadjusted trial balance of business concern:                  ( 3)
Particulars 
Debit (Rs)
Credit (Rs)
Capital
-
300,000
Sales
-
400,000
Purchase
350,000
-
Furniture
250,000
-
Stationery
50,000
-
Bank balance
100,000
-
Creditors
-
50,000
Total
750,000
750,000
Adjustment:
1. Depreciate furniture @15% p.a.
2. Closing stock Rs. 12,500
Required: Adjusted Trial Balance
14.   The following is the trial balance of o firm for the year ended December 2010.                                                                    15
Particulars
Debit (Rs)
Particulars
Credit(RS
Land
300,000
Capital
500,000.
Plant and machinery
200,000
15% loan
200,000.
Furniture
100,000
Sales
762,500.
Purchases
400,000
Commission
15,000.
opening stock
75,000
Creditors
150,000.
Wages
127,500
Bills payable
100,000.
Insurance
7,500
Provision for doubtful debts
5,000.
Debtors
120,000


cash in hand
80,000


Bills receivable
30,000


Salaries
157,000


Advertisement
37,500


Interest on loan
30,000


Drawing
30,000


Cash at bank
37,500


Total
1732,500
Total
1732,500
Additional information:
(I)                 Market value of closing stock Rs. 170,000 and book value Rs. 150,000.
(II)               Depreciation @15% on furniture and @10% plant and machinery.
(III)             Appreciate land by 10%
(IV)             Bad debts written off Rs. 5,000.
(V)               Provision for doubtful debts@ 10% of debtors
(VI)             Salaries payable Rs. 5,000.
(VII)           Wages includes Rs. 5,000 paid for installation of machinery.
Required:
a)      Trading account
b)      Profit and loss account
c)       Balance sheet
15.   On 1st Baishakh 2065, a trader purchased three cars of Rs. 500,000 each. On 31st Chaitra 2066 he sold first car for Rs. 500,000 and on 1st kartik 2067 purchased another car of Rs. 800,000. Depreciation is charged on fixed installation method @12% p.a. Accounts are closed on 31st Chaitra each year.                                                                                             (8)
Required: car account for 2065 to 2067

16.   On 1st January 2009 provision for doubtful debts account showed a credit balance of Rs. 4,000. Bad debts during the year was Rs. 5,000. Provision for bad debts at the end of the year maintained @10% on debtors of Rs. 50,000.
Required: provision for doubtful debts account.                                                (2)

a.       Following is the balance sheet of a sports club as on 31st December 2010.                                                               (10)
Liabilities
Amount
Assets
Amount
Capital
28,000
Furniture
10,000
Outstanding wages
3,000
Machinery
14,000
10% loan
8,000
Subscription due
6,000


Cash balance
9,000
Total
39,000
Total
39,000
Receipt and payment account for the year ended 31st December 2011

Receipt
Amount
Payment
Amount
To balance b/d
9,000
By salaries
12,000
To subscription

By wages
4,000
2010
6,000
By rent
6,000
2011
24,000
By furniture
18,000
2012
4,000
By balance c/d
11,000
To donation
8,000


Total
51,000
Total
51,000

Additional information:
Outstanding subscription Rs. 1,200
40% donation to be capitalized.
Depreciation on machinery and furniture by 10% p.a.
Required: a) income and expenditure account
                    b) Balance sheet as on 31st December 2011

17.   Mr. Thapaliya maintains his book of account on single entry system. He submitted the following     details:                                            (2+2)

1st Shrawan 2066
31st Ashadh 2067
Cash
Rs. 50,000
Rs. 60,000
Equipment
40,000
40,000
Inventory
60,000
100,000
Debtors
10,000
25,000
Creditor
5,000
15,000

Additional information:
Mr. Thapaliya employed further capital of Rs. 37,500 during the year and his drawing for the year were Rs. 17,500.
Depreciate equipment @12% p.a.
Reserve for doubtful debts maintained at 5% on debtors.
Required:
I) closing statement of affairs
ii) Statement of profit and loss
18.   Following transaction of a government office are given.                (6)

Budget head
Annual budget(RS.)
Expenditure up to falgun (RS.)
Expenditure of Chaitra (RS.)
Salary
500,000
325,000
45,000
allowances
200,000
100,000
20,000
TADA
100,000
25,000
35,000
Communication charge
50,000
30,000
3,000
Office expenses
150,000
90,000
12,000
Furniture
65,000
50,000
       _
Machinery and equipment
175,000
15,000
125,000

Additional information:
a)      Total revolving fund received Rs.950,000.
b)      Uncleared advance of machinery Rs.45,000.
c)       Cash balance Rs. 500.
d)      Loan payable to nearby office Rs.25,000.
Required: statement of expenditure for the month of Chaitra.
19.   The following information are given                                        (6)
a)      Credit balance as per cash book Rs.15,000.
b)      Cheque issued but not presented for payment Rs.5,000.
c)       Bank charges directly debited by bank Rs.1,000
d)      Debit site of cash book overcastted by Rs.6,000.
e)      Cheque deposited but not credit by the bank Rs.4,000.
f)       Insurance premium paid by bank Rs.500.
Required: bank reconciliation statement.

20.   Prepare machinery account from the following information         (8)
1.1.2008           purchase a machinery for Rs.200,000.
1.7.2009           purchase a second machinery for Rs.250,000.
31.12.2010       first machinery sold for Rs.120,000.
31.12.2010       purchased a third machinery for Rs.150,000.
The depreciation is to charge @10% p.a. on diminishing balance method.
Required: machinery account from 2008 to 2010.

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