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March 2009 Accounts Question paper


March 2009
Book-Keeping and Accountancy
Time : 3 Hours Marks : 100
Q.1 Attempt any FOUR of the following sub-question: [20]
(A) Answer in one sentence. (5)
1. What is Statement of Profit or Loss?
2. What is Reducing Balance Method?
3. What are the Methods of Valuation of Goodwill?
4. What do you mean by Debit balance of Joint Venture Account?
5. When do you mean by Discounting of Bill?
(B) Write the word/term/phrase which can substitute each of the following
statements: (5)
1. The balance which cannot be recovered from the debtors.
2. An accounting system where rules of debit and credit are not followed.
3. Money value of business reputation.
4. A person entered into a joint venture.
5. The Gift received from legal representative as per the will of a deceased person.
(C) Match the following pairs: (5)
Group 'A'
Group 'B'
1.      Opening stock
2.      Fixed installment method
3.      Software
4.      Joint bank account
5.      Subscription
1.       
1.      Amount of depreciation remains constant
2.      Trading account
3.      Revenue income
4.      Capital income
5.      Balance sheet
6.      Converting symbolic language
7.      Separate set of books
8.      Utility programme
(D) Select the most appropriate alternative from those given below: (5)
1.       
1.      Interest on the capital of Partner is debited to ________.
1.      Trading account (b) Profit and Loss account
(c) Partner's capital account (d) Partner's current account
1.       
1.      Computer is a / an _________.
1.      Mechanical device (b) Automation device
(c) Electronic device (d) Electric device
1.       
1.      Joint venture is a _________.
1.      Trading concern (b) Non-trading concern
(c) Religious concern (d) Public concern
1.       
1.      A donation received for a specific purpose is a _______.
(a) Capital Receipt (b) Revenue Receipt
(c) Liability (d) Asset
1.       
1.      A bill drawn and accepted on 12th June, 2007 for two months will be due for payment on ________.
(a) 12th August, 2007 (b) 15th August, 2007
(c) 16th August, 2007 (d) 14th August, 2007
(E) State whether True / False (with reasons): (5)
1. Non-commercial concerns with 'no profit' base prepare income and expenditure
Account in place of profit and loss account.
2. Nothing charges are borne by Drawer.
(F) From the following details prepare a format of Bill of Exchange: (5)
1. Drawer : Mrs. Archana Patil, Vikram Nagar, Patan.
2. Drawee : Mrs. Nalini Maniyar, Jalaram Krupa, Mul.
3. Payee : Mrs. Sheela Ghatkar, Mangal Yog CIDCO,
Aurangabad.
4. Amount of bill : Rs.17,575.
5. Period of bill : 60 days
6. Date of bill : 28th December, 2007
7. Accepted on : 2nd January, 2008
8. Accepted for : 90 days
Q.2 M/s. J.K Company, Maroda, purchased machinery for Rs.80,000 on 1st April, 2002.(10)
Company purchased additional machinery for Rs.36,000 on 1st October, 2003.
The company charges depreciation @ 10% p.a. on the original cost.
The financial year of the company ends on 31st March each year.
On 30th September, 2004 a part of the machinery, original cost of which was Rs.30,000 on 1st April, 2002 was sold by the company for 22,000.
Prepare Machinery Account for 3 years and give Journal Entries for the year 2002-2003.
OR
(A) The net profits of Suchak Trading Company after providing taxation for the past five years are as under: (5)
Year
Amount (Rs.)
2001-02
2002-03
2003-04
2004-05
2005-06
80,000
85,000
92,000
1,05,000
1,18,000
Profit
Profit
Profit
Profit
Profit
The capital employed in the business is Rs.8,00,000.
The normal rate of return expected in this type of industry is 10% p.a.
Calculate the value of goodwill at 'two' times of super profit.
(B) What are the Characteristics of Computer? (5)
Q.3 Sanjay drew on Pappu a bill for Rs.12,000 at 3 months. Pappu accepted it. (12)
On the same day Sanjay discounted the bill with his bank at 10%p.a.
On due date Pappu dishonoured the bill. Noting charges were Rs.200.
Pappu paid Rs.4,000 in cash and accepted a new bill for balance amount.
Sanjay endorsed the new bill to Vinayak.
Pass Journal entries in the books of sanjay and show sanjay's account in the ledger of Pappu.
OR
Journalise the following transactions in the books of Ranbir.
1.      Sonam informs Ranbir that Salman's acceptance for Rs.3,200 endorse to Sonam has been dishonoured and the noting charges amounted to Rs.80.
2.      Ravindra renews his acceptance to Ranbir for Rs.4,800 by paying Rs.1,800 in cash and
accepts a fresh bill for the balance, plus interest at 12%p.a. for 2 months.
1.      Dilip's acceptance to Ranbir for Rs.8,000 is retired one month before the due date at a
discount of 12%p.a.
1.      The bank informs Ranbir that Shirin's acceptance for Rs.5,500 to Ranbir discounted with
the bank earlier has been dishonoured and the noting charges amounted to Rs.75.
Q.4 Shivaji of Solapur and Sambhaji of Satara entered into a joint venture to purchase and sale goods and agreed to share profits and losses in the proportion of 3:2 respectively. (12)
Shivaji sent goods of Rs.75,000 to Sambhaji for sale.
Shivaji paid Rs.5,000 for freight and insurance.
He drew a bill for Rs.30,000 on Sambhaji.
Sambhaji paid Rs.3,000 for carriage.
Sambhaji sold Goods for Rs.1,25,000 and paid selling expenses Rs.2,500.
He remitted the balance to shivaji after charging 5%commission on sales.
Coventurers settled their accounts.
Give Journal Entries in the books of Shivaji.
Q.5 Following records of Mr. Raj were kept on single entry system. (10)
Particulars
31.3.2006
Rs.
31.3.2007
Rs.
Stock
Furniture
Plant and Machinery
Loan taken
Bank balance
Debtors
Creditors
15,000
53,500
42,500
21,000
1,900
43,000
18,000
14,000
44,000
55,500
21,000
2,100
35,000
14,900
Mr. Raj invested Rs.4,000 in the business.
Also he had withdrawn Rs.15,000 for his private expenses from business.
Rs.500 to be provided for bad debts.
Depreciate plant and machinery @ 5%and furniture @5%.
Prepare:
1.      Statement of Affairs as on 31.3.2006.
2.      Statement of Affairs as on 31.3.2007.
3.      Statement of Profit and Loss for the year ended on 31.3.2007.
Q.6 The following is the Receipts and Payments Account of Modern Sports Club, Satara, for the
year ended on 31st March, 2007. (16)
Dr. Receipts and Payments Accounts for the year ended 31 st March, 2007 Cr.
Receipts
Amount
Rs.
Payments
Amount
Rs.
To balance b/d
To Subscription
To Entrance fees
To Interest on Investments
To Proceeds from Matches
To Life member fees
1,490
13,600
520
840
5,180
5,000
By Upkeep the Garden
By Wages
By Salary
By Printing
By Postage
By Bank balance
By Balance c/d
9,500
2,360
7,000
210
930
190
5,000
1,400
26,630
26,630
Adjustment :
1.      Ledger balances of the Club as on 31.3.2006 were : Capital fund Rs.66,430, Club house and ground Rs.40,000, Investments Rs.18,640, Furniture Rs.6,400 and Outstanding subscription Rs.600.
2.      Printing includes Rs.200, Upkeep of garden includes Rs.500 and Subscription includes Rs.400 for the previous year.
3.      Entrance fees are to be capitalized.
4.      The Rotary Club of Satara owed Rs.210 for the use of club hall.
5.      Provide 10% depreciation on furniture.
6.      Subscriptions outstanding for the current year were Rs.1,000.
Prepare: Income and Expenditure Account for the year ended 31st March, 2007 and Balance Sheet
as on that date.
Q.7 From the following Trial Balance and Adjustments of Kumbhar and Maroti you are required to
prepare Trading and Profit and Loss Account for the year ended on 31st March, 2005 and Balance
Sheet as on that date. (20)
Debit Balance
Rs.
Credit Balance
Rs.
Stock (1.4.2004)
Salary and Wages
Cash
Purchases
Sundry expenses
Wages
Bills Receivable
Travelling Expenses
Bad Debts
Factory Expenses
Commission
Investments
Debtors
Tools and Equipments
Furniture
Goodwill
Building
35000
4200
10000
225200
13600
12000
6000
2000
3000
8000
4000
20000
40000
6000
12000
21000
50000
Sales
Discount
Creditors
Bank Overdraft
Interest on Investment
Capitals:
Kumbhar
Maroti
330000
4000
20000
10000
8000

60000
40000
472000
472000

Adjustments:
1.      Partners share Profits and Losses in the ratio of their Capitals.
2.      Closing stock is valued at Cost Price Rs.40,000 and at Market Price Rs.45,000.
3.      Kumbhar has withdrawn goods worth Rs.1,200 for his own use, but no entry is made in the books.
4.      Uninsured goods worth Rs.12,000 were lost by fire.
5.      Rs.450 are to be written off as bad debts.
6.      Unpaid Expense :
Salary and Wages Rs.800
Rent Rs.1,200.
7. Depreciate building @ 7 ½ % p.a.

Kids Worksheets

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English 

English: Includes handwriting practice sheets, alphabet tracing, CVC words, vocabulary building activities, and more.

Handwriting practice sheets

Learn to Write

Fill In Missing Letters

Circle the Letters

Cursive Writing – Small Letters

Alphabet Practice

Alphabet Tracing

Vowels

Beginning Blends

Tracing

Missing Letter

Word Families

Trace the Path

Positions

Sizes

Word Recognition

Beginning Sounds

Unscramble

Rhyming Words

​​Classroom Alphabets

Center Signs

Word Search

Mother's Day

Father's Day

Circle The Shape

Alphabet Fun Shapes

Cursive Alphabet Trace

A TO Z WORKSHEET

A TO Z SMALL LETTERS

CVC Words Building

CVC Words

Trace 100 Sight Words

Write the First Letter of Given Picture

Circle the Correct Letter Worksheets

Circle the Cursive Letter Worksheets

Match the Letter with Correct Picture

Match the Picture with Cursive Letter

Matching Letters

Circle two pictures that begin with same letter sound

Circle two pictures that begin with same letter sound (Cursive)

CVC Worksheets Letter ‘a’

CVC Worksheets Letter ‘e’

CVC Worksheets Letter ‘i’

CVC Worksheets Letter ‘o’

CVC Worksheets Letter ‘u’

Look and write with vowels a, e, i, o, u

Opposites

Opposite Words

2 Letter words - sight words

Alphabet Minibooks


Literature.

Literature: Features nursery rhymes, limericks, stories, and reading passages.

Nursery Rhymes

Limericks

Cursive Alphabet Trace and Write

Letters A to G Upper and Lower Case Tracing Worksheet

Cute Phrases A-Z

Sight Words

Beginning Sounds. Kindergarten Worksheet

Cursive Writing Small Letters.

Capital Letters.

Small Letters.

Alphabet Trace.

Alphabet Trace and Write.

Alphabet Worksheet 

Consonant Vowel Consonant (CVC) Flashcards

Nursery Rhymes


Activities 

Activities: Includes various activities related to numbers, princesses, Earth Day, animals, shapes, colors, and more.

Number Activities

Princess Activities

Earth Day Activities

Witches and Wizards Activities

Animal Activities

Scissor Activities

Train Activities

Dinosaur Activities

Under the Sea Activities

Unicorn Activities

Transportation Activities

Space Activities

Color Activities

Alphabet Activities

Shape Activities


Reading Passages.

Reading Passages for Kids


Story PDF.

White Magic Story

Sunshine and Reeva in China

The Little Red Hen

The Sun,Moon and Wind

The Arab and the Camel

The Tortoise and the Hare

The Lion and the Mouse

Goldilocks and the Three Bears

The Three Little Pigs

The Princess and the Pea

The Shepherd Boy and the Wolf

Rapunzel

The Goose and the Golden Eggs

The North Wind and the Sun

The Miser and his Gold

The Country Maid and her Milk Pail

Goodnight Moon

The Ugly Duckling

The Boy Who Cried Wolf

Cinderella

Two Cats and Clever Monkey

The Lion and the Rabbit

The Lion and the Mouse


Mathematics.

Mathematics: Features number tracing, counting exercises, addition and subtraction worksheets, shape recognition activities, and other math-related resources.

Trace Numbers 1 to 10

Number Trace and Write

Adding Fun

Number Identification

How Many

Numbers 1-5

I Spy Counting

Comparing

Count and Match

Missing Numbers

Before,Between and After

Classroom Numbers

Measuring Things

Additional Worksheet.

Additional Worksheet.

Additional Worksheet

Count and Circle

Addition

Subtraction

Ten Frame Cards

Count and Add

Circle the Numbers

Numbers 1-100

Counting Backwards

Subtraction Worksheets

Same, Less, More

Counting

Count and Write

Count and Write Worksheets

Count and Match Worksheets

Count and Circle Worksheets

Fill in the Missing Number Worksheets

Dinosaur Math Activities

What Comes After & Between

Write Missing Numbers

Shape worksheets

Backward counting

Trace the numbers 1-10

Multiplication Sheet practice for Children

Counting practice from 1 to 100 Worksheet

Match Numbers

Number Coloring

Number Rhymes

Number Worksheets

Miscellaneous in Maths


Science.

Science: Offers science activity plans and worksheets.

Science

Science Activity Plans


Miscellaneous.

Animal Decorations

Classroom Decorations

Foldable Boxes

Teacher's Planner

Classroom Rules

Graduation Certificates

Placemats


UKG Worksheets 


Geography.

Geography: Covers topics like weather and the calendar.

Geography

Weather

Calendar


Hindi

Hindi: Provides resources for learning Hindi alphabets (Swar and Vyanjan), tracing worksheets, vocabulary exercises on colors, fruits, vegetables, and more.

Hindi Alphabets. (Swar)

Hindi Alphabets. (Vanjan)

Colours name in Hindi | रंगों के नाम

Fruits name in Hindi | फलों के नाम

Vegetables name in Hindi | सब्जियों के नाम

Days in Hindi

Parts of Body

Hindi Swar Tracing Worksheets

Hindi Vyanjan Tracing Worksheets

Write the First Letter of picture - Hindi Swar Worksheets

Look and Match - Hindi Swar Worksheets

Circle the correct letter - Hindi Swar Worksheets

Write the first letter - Hindi Vyanjan Worksheets

Circle the Correct Letter - Vyanjan Worksheets

Choose the Right Image - Vyanjan Worksheets

Miscellaneous Hindi Worksheets

2 Letter Words Hindi Worksheets

3 Letter Words Hindi Worksheets

4 Letter Words Hindi Worksheets

AA (ा) – AA ki Matra | आ (ा) की मात्रा

i ( ि) - i ki Matra | इ ( ि) की मात्रा

EE ( ी) – EE ki Matra | ई ( ी) की मात्रा

U (ु) - U ki Matra | उ (ु) की मात्रा

O (ू ) – OO ki Matra | ऊ (ू) की मात्रा

E ( े) - E ki Matra | ए ( े ) की मात्रा

AI (ै) - AI ki Matra | ऐ (ै)की मात्रा

o ( ो) - o ki Matra | ओ (ो) की मात्रा

ou ( ौ) - ou ki Matra | औ ( ौ) की मात्रा


General Knowledge.

General Knowledge (GK): Includes worksheets on animal sounds, mazes, social skills, feelings, and other general knowledge topics.

GK Worksheets

Patterns What comes Next

Animal Sounds

50 Mazes

Preschool Assessment

Nursery GK Worksheet

Creative Worksheets

Social Skills

Feelings

People at Work

Finger Puppets

Shapes

Good Or Bad

Things That Go Together

Things That Do Not Belong


Match the following.

Match the fruit to its shadow. [5 Pages]

Match Letters [35 Pages]

Matching Worksheets

Sorting Worksheet

Shadow Matching

Match the uppercase letter to its lowercase [6 Pages]

Circle 2 Matching Pictures


Games.

Games: Offers puzzles, mazes, spot the difference games, Sudoku, and other fun activities.

Cut and Paste

Matching Cards

Puzzles and Mazes

Spot the Differences

Freak - Out !!!

Freak - Out !!! 

Sudoku

Cut and Glue

This Week


Coloring.

Coloring: Provides coloring pages featuring animals, dinosaurs, alphabets, numbers, and more.

Coloring for Fun

Color by Numbers

100 Pages to Color

100 Animals to Color

100 Bracelets

Dot to Dot

Color Cute Dinosaurs

Color Cute Animals

Alphabet Coloring

Alphabet Sentences

Alphabet Coloring.

Coloring Images

Colors

Drawing

Circle the Color

English Alphabet Color it. 

English Alphabet Color it and Match it with Pictures

Alphabet Color it. [26 Pages]

Alphabet Color it 2. [7 Pages]

English Alphabet Color it.


Numbers PDF.

Numbers 1 to 10 Color it. [2 Pages]

1 to 10 Numbers Coloring. [4 Pages]


Flash Cards PDF.

Flash Cards: Includes flash cards for plants, numbers, letters, shapes, colors, and other vocabulary words.

Plant Flashcards

Number Flashcards

Letters and Numbers

Tell the Time Flash Cards [6 Pages]

​​Reward Cards

Posters

Animal Flashcards

Name Cards

Happy Birthday

Flashcards English vocabulary [12 Pages]

Alphabet Letters with Pictures [5 Pages]

Numbers Flash Cards. [5 Pages]

Shapes FlashCards. [4 Pages]

Colors FlashCards. [3 Pages]

English Alphabet Learning Flash Cards. [26 Pages]

Alphabet Flashcards. [26 Pages]

Alphabet Identification Flash Cards. [26 Pages]

….

Addition

Addition Worksheet. [5 Pages] (V.1-5)

Addition Worksheet. [5 Pages] (V.1-5)

Addition Worksheet. [36 Pages] (V.1-5)

Additional Worksheet. 

Subtraction

Subtracting by Pictures [5 Pages] (V.1-5)

Subtracting by Numbers [5 Pages] (V.1-5)

Subtracting by Pictures and Numbers [5 Pages] (V.1-5)

Subtract and circle the correct number [5 Pages] (V.1-5)

General Knowledge.

Fruits [6 Pages] (V.5)

Vegetables [6 Pages] (V.5)

Positions [7 Pages] (V.5)

Colors [10 Pages] (V.5)

Match the following.

Match the fruit to its shadow. [5 Pages] (V.1-5)

Match Letters [35 Pages] (V.1-5)

Match the uppercase letter to its lowercase [6 Pages] (V.1-5)

Mathematics.

Count and Write Worksheets

Count and Match Worksheets

Fill in the Missing Number Worksheets

Trace the numbers 1-10.

Multiplication Sheet practice for Children [14 Pages] (V.1-5)

Counting practice from 1 to 100 Kindergarten Math Worksheet

Games.

Freak - Out !!! [10 pages] (V.5)

Freak - Out !!! [10 pages] (V.5)

Literature.

Nursery Rhymes

Cursive Alphabet Trace and Write [26 Pages] (V.1-5)

Letters A to G Upper and Lower Case Tracing Worksheet

Beginning Sounds. Kindergarten Worksheet

Cursive Writing Small Letters. [7 Pages] (V.1-5)

Capital Letters. [26 Pages] (V.1-5)

Small Letters. [26 Pages] (V.1-5)
Alphabet Trace. [9 Pages] (V.1-5)

Alphabet Trace and Write. [26 Pages] (V.1-5)

Alphabet Worksheet [26 Pages] (V.1-5)

Consonant Vowel Consonant (CVC) Flashcards [33 Pages] (V.1-5)

Hindi PDF Download.

Hindi Alphabets. (Swar) [13 Pages] (V.1-5)

Hindi Alphabets. (Vanjan) [34 Pages] (V.1-5)

Story PDF Download.

Two Cats and Clever Monkey [5 pages] (V.1-5)

The Lion and the Rabbit [4 Pages] (V.1-5)

The Lion and the Mouse [2 Pages] (V.1-5)

Reading Passages PDF Download.

Reading Passages for Kids [5 Pages] (V.1-5)

Coloring PDF Download.

Alphabet Coloring. [26 Pages] (V.1-5)

Coloring Images. [12 Pages] 

English Alphabet Color it. [5 Pages] (V.1-5)

English Alphabet Color it and Match it with Pictures. [5 Pages] (V.1-5)

Alphabet Color it. [26 Pages] (V.1-5)

Alphabet Color it 2. [7 Pages] (V.1-5)

English Alphabet Color it. 2 [5 Pages] (V.1-5)

Numbers PDF Download.

Numbers 1 to 10 Color it. [2 Pages] (V.1-5)

1 to 10 Numbers Coloring. [4 Pages] (V.1-5)

Flash Cards PDF Download.

Tell the Time Flash Cards [6 Pages] (V.5)

Flashcards English vocabulary [12 Pages] (V.5)

Alphabet Letters with Pictures [5 Pages] (V.5)

Numbers Flash Cards. [5 Pages] (V.1-5)

Shapes FlashCards. [4 Pages] (V.1-5)

Colors FlashCards. [3 Pages] (V.1-5)

English Alphabet Learning Flash Cards. [26 Pages] (V.1-5)

Alphabet Flashcards. [26 Pages] (V.1-5)

Alphabet Identification Flash Cards. [26 Pages] (V.1-5)


This document provides a ton of educational resources for kids. Here's a breakdown:

Subjects: English, Literature, Math, Science, Geography, Hindi, and General Knowledge.


English: Handwriting, alphabet tracing, CVC words, vocabulary.

Literature: Nursery rhymes, limericks, stories, reading passages.


Math: Number tracing, counting, addition, subtraction, shapes.

Science: Activity plans and worksheets.


Geography: Weather, calendar.


Hindi: Alphabet (Swar and Vyanjan), tracing, vocabulary (colors, fruits, vegetables).


General Knowledge: Animal sounds, mazes, social skills, feelings.

Other Fun Stuff: Coloring pages, puzzles, mazes, flash cards, and more!


Basically, it's a one-stop-shop for parents and teachers looking for engaging and educational materials for their kids.


This document is a treasure trove of worksheets and educational resources for kids!


It covers all sorts of subjects: English, Hindi, Math, Science, General Knowledge, and even Geography.


You'll find everything from handwriting practice to alphabet tracing, CVC words, vocabulary builders, and more.


There are also fun activities for numbers, princesses, Earth Day, animals, shapes, colors, and all sorts of other themes.


If you're looking for stories, there are nursery rhymes, limericks, and reading passages to enjoy.


Math whizzes will love the number tracing, counting exercises, addition and subtraction worksheets, and shape recognition activities.


Key Points - Worksheets for Kids

Subjects: English, Literature, Math, Science, Geography, Hindi, General Knowledge.

English:

Handwriting practice

Alphabet tracing

CVC words

Vocabulary building

Literature:

Nursery rhymes

Limericks

Stories

Reading passages.

Math:

Number tracing

Counting exercises

Addition and subtraction worksheets

Shape recognition.

Science:

Activity plans

Worksheets

Geography:

Weather

Calendar.

Hindi:

Alphabet practice (Swar and Vyanjan)

Tracing worksheets.

Vocabulary (colors, fruits, vegetables).

General Knowledge:

Animal sounds

Mazes

Social skills

Feelings.

Fun Activities:

Coloring pages

Puzzles

Mazes

Flashcards.

Remember: This is a super helpful resource for parents and teachers to find fun and educational materials for kids! Everything is organized and easy to print. Happy learning!


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