2019\

FIRST TERMINALHSE(II)

Reg. No:.......ir..... ........Name:.... ........................... N AUGUST 2912

P A R T -I I I -nme . 2% HrsACCOUNTANCY WITH CSM fUTERISEt ACCUNTINGsc*ce : 6i

General Instructions: v1. There is a cool-off time of 15 minutes in addition to the wribndjtjime of 2 Hours.2. Use the cool-off time to get familiar with the questions and toFplan your answers.3. You are not allowed to write your answers qor to discuss anything with others during the cool-off time.4. Read the questions carefully before you jjoswetr them. ,

PART A - ACCOUNTING^ (MAX. SCORE- 40)Under fixed capital method salary payable top partner is recorded incruDloffljfijcDCT) aril col a o j njaa>oglfio a)dtosnB aomigo gc^OajsjccoimerEfcn ng>ajl6)ScxDD6rn.

(^/Current Account f (b) Capital Account(c) Either in Current Account or Capital Account (d) None of these (1)In the absence of partnership deed, partners|hall............. ......... v3o1aog (BeocuW)ltq3, njffibOfU%j6)s c/DCrugexwn miaM(TU)).ejcii> (ritapfloj^ajm io nflatnosrv?

(a) paid salaries to those who contribute ca^al (bpiot to be paid salaries(c) paid salaries to those who manage the fipn (d) be paid salaries equallyA and B arejtertnikfs sharing profits in the rafo of 3:2. They admit C for 1/5th share a partner. Calculate the new profit sharing rattynjjonlQQ) a Js> og l6 )(D .fi>oa6)f>js^(Aigijflfl e i ^ i (Breatyiioafto < a s t e o j A . : -1 '

and losses in$6 ratio 3:2, admit C as a partner giving him 1/5share of profits. This will be given by A andA, B nmlaj(d 3:2 (ard(njnjoxoro)1(53 bjoso oJl)1o^[sj)jcn> a o j cruDOfiJcntaTffln ^ C ncm nmogftoav

1/5 eo1 odrjSaT gaB&Ajsjcaiwjanj. jDaflffls njj) a>lJOJlsjg2 aJ(naV96m?

(a) Equally (b) Jn their capitals ratio(c)Jn their profit sharing ratio (d) As decided by C * . (1)On admission of a new partner balance of General Reserve Account should be transferred to the capital account of:-nj^ fljrtoo) oJ89>og1ooD> gc/SoajSjaKD^aaiioud m le io te fjg g a>jflnj3 auoeuao culcmo ajd>cfl0re0) saooo)?

(a) AH partners in their new profit sharing ratio (J$ Old partners in their old profit sharing ratio (c) Old partners in their new profit sharing ratio (d) New partner only (1)If a firm is maintaining both Capital Accounts and Current Accounts of partners A and B, where will the following be recorded - *' t *a>^ 0n-jl$6TE fl)(TT)l0J (B) crUDOftJOOtOKDlfl^ Cnffi8d9>1aifl

\og1 micooJcnKnroloS a.ajjamjoo3 eielceojcrn o(/wiraa3 ^amgjoo?

P, Q and R were partners sharing profits in the ratio of 3:2:1. P draws Rs.5,000 at the end of each quarter. Q draws Rs.10,000 at the end of each half year. R draws Rs.2,000 on 1.5.2011, Rs.3,000 on 31.10.2011, Rs.5,000 on 30.11.2011. Calculate interest on their drawings at 10%p.a. for the year ending 31.3.2012. (3)oilrcjlco (TuonOaj0^63Bod A^1(33(Dlornje njlaSai&il^j nj&ae0 aje/laa

c&srejoJlsliflo^ ta.11. Arun and Balu are partners sharing profits and losses in the ratio of 3:2. Their capital accounts '

showed balances of Rs 150000 and Rs 200000 respectively on April 1, 2009 Show the treatment of interest on capital for the year ending March 31,2010, in each of the following alternative-nj^ ctn^crtfon aruoor>3J0^6f3glRj8 ajffi53gflogsla (ninonJcr>{Bnril158

COTO)j(TD(g>lfnjQS CSdemffiS ng)!P^ (OTJojBlac/3

Liabilities Rs. Assets Rs.

Capital: Land & Buildings 1,20,000Sankari 90JD00 Plant & Machinery 90,000Sudha 75,000 1,65,000 Stock 33,000

Profit and Loss A/c 30,000 Sundry Debtors 15000Sundry Creditors 48,000 Less: Provision forBills payable 50,000 doubtful debts 1,000 14,000

Cash 6,000Goodwill 30,000

2,93,000 2,93,000

They decided to admit Santhi into the partnership with effect from 1st April 2005 on the

following terms:

00000)1 O0)OD nJJ(S)10Q) oJ>0gl6)QQ) CTUOOnJ 00(010)1(03 QOilO^S^ (010)] OT)(0)J 8000)1 6r)l }1 (DldO6)]cft.

PART-B. COMPUTER ACCOUNTING (20 SCORE)

1. Choose the odd item from the following-caio1jo)1(o36ne^ oJls1ce6)^ -(a) Button panel (b) Title area(c) Calculator d) Company info (1)

2. The function key used for changing current period is............................(DIelIQJIBJ j63gi (3ra

Drawings is placed under the group-crojdkoro^ card)oj00^ 6013c/3Sffiar< ^n ^ enjIaulcncrolraScolcrn^o a jla ^ o ip jlto o jo m ( a ^ A , a(0) rara6TTi (C02aj206m 0 9 9 6 )(mono ajolo^ja^lei^o go5)l6)c$ om^olra3 nj0lcaooa)liyc ^ < & c /d ofcoem^ano]. g p g r ilcp jg g 6nsfl63t3 g a jc o o jo c o o n ^ a a )?

(a) Contra voucher (b) Memo voucher (c) Journal voucher (3)Identify the voucher type and relevant functional keys used for entering the following transactions in Tally-roejc&lcEDlralceemm g p s n J o s ic fo o S s o a j l q o fla j^ o s r a r r m r n ^ s

nCotn r*6TD^ C0j1 r^ )(ml0J nJ1