Dworld Group

                                                                       Civil line Azamgarh  

                                                                           Tally 3^rd paper

Time-2:30 H.                                                                                                                  Mark  50

               Q.1- From the following trial balance of ‘XYZ’ prepare trading and profit loss a/c for year ended

                                 31^st march 2013 and balance sheet as on that date                                10

                       Adjustment

1. Stock at the end Rs. 51,700.
2. Depreciation of on all fixed assets by @10%.
3. Commission earned but not received amounted to Rs. 150.
4. Rent received in advance Rs. 1000.
5. Int. on bank loan @ 18% p.a. is unpaid for the last 3 months.
6. Int. on capital@ 8% and int. on drawings Rs. 600.  

Q.2- Meaning of following adjustment with entries.                                                     10

              1- Outstanding expenses.

                          2- Prepaid expenses.

                            3- Depreciation.

                            4- Accrued Income

                            5-Unearned Income

Q.3-Following balance in the book of m/s Singhal Agebcies Janakpuri New Delhi prepare its trial balance as on

        31^st March 2013.                                                                                                               5

Q.4- Define following function key.                                                                          5

                    1- F10

                    2- Alt+F8  

                    3- Alt+F3

                    4- Alt+F2

                    5- Alt+F9   

Q.5- Define group of following items.                                                                        5

                     1- Good will                    2- Suspense     

                     3- Int. on loan                  4- Int. on capital

                     5- Int. on drawings          6- Int. on investment

                     7-Insurance                      8- Reserve

                     9- Factory light               10- Office exp.

Q.6- Enter following transactions in cash book.                                                          5

            Feb 1 2013 Balance of cash in hand                              9,000

            Feb 2   ,,    purchased typewriter                                 2,000

            Feb 4   ,,    bought goods for cash                                 3,000

            Fed 6   ,,    sold goods for cash                         4,000

            Fed 9   ,,    paid to Parkash                                          6,000

            Fed 11 ,,    received from Madhukar                                985  

            Feb 18 ,,    cash purchases                                              200

            Fed 20 ,,    paid for travelling exp.                                    250

            Feb 23 ,,    received from Gobinda                               1,000

            Feb 24 ,,    cash sales                                                      300

            Feb 26 ,,    received commission                                      100

            Feb 28 ,,    paid rent                                                        150

Q.7-  Mention five items of current assets and five items of current liabilities .             5

Q.8-  What are balance sheet? Define  profit & loss accounts.                                        5