{Series OSS colt 67/1 Roll No. Candidates must write the Code on aed | | ] the title page of the answer-book. . wharf ats at sax-gtcor & pe-TS ww sae ere | Please check that this question paper contains 16 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 minutes 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 student will read the question paper only and will not write any answer on the answer script during this period. pr sia ax ot fe ga wean F ait gs 16 zg | wera § afet wa at ak fee me ate aan a on satyferar S Gaye Oy fea err via at a fe va wera Ff 23 were Ben we wT at fern Ye wet Sues, Wer wT wi saya fers | Be wear a oet & fore 15 fre at are fear wen @ | wera ar face yale A]: 10.15 43 fer sr | 10.15 7 BF 10.80 TH we om daa ye St FT SIR] wa safe & chr & sacyfttar we aE oat aet feat | ACCOUNTANCY warrea Time allowed : 3 hours Maximum Marks ; 80 freita wat : 3 qe aPrETT se 2 80 67/1 1 PUTO.General Instructions : @ This question paper contains three parts A, B and C. (ii) Part A is compulsory for all candidates. (iii) Candidates can attempt only one part of the remaining parts Band C. (iv) All parts of the questions should be attempted at one place. rarer Fear : 1 67/1 @ Fe were cha wit FT fore Bw, @ ae TL (i) aT & wR mat & fere orfraré 2 1 (ii) Wenfhat at ety amr @ ait 7 FF ae Ue TT Be BET 2 | (iv) fart re & wt mite oN Ue BIT TH fefar | PART A (Accounting for Not-for-Profit Organisations, Partnership Firms and Companies) me (served area, ersten wat wen aahrat & fea crater) Name any two financial statements prepared by a not-for-profit organisation. 1 seamand wer sr are ar are fad et ita faa Soa aay | What is meant by Partnership deed ? 1 amet dae ar ar ad 2 7 Why are ‘Reserves and Surplus’ distributed at the time of reconstitution of the firm ? 1 we S qatar & ara ‘ea wel ones’ a face aa fear oar 2 7 How does the factor ‘Efficiency of Management’ affect the goodwill of a firm ? 1 Sara at ariguea’ ars, feet wf at ont at fee van sofa aa @ 7 What is meant by ‘Capital Reserve’? 1 “fh daa a aan ad tt @ 7 From the following information calculate the amount of subscriptions outstanding for the year 2008 - 09 : 3 A club has 200 members each paying an annual subscription of Rs. 1,000. The Receipts and Payments account for the year showed a sum of Rs 2,05,000 received as subscriptions. 28. 67/1 The following additional information is provided : Rs. Subscriptions outstanding on 31° March 2008 40,000 Subscriptions received in advance on 31° March 2009 30,000 Subscriptions received in advance on 31°' March 2008 12,000 frafafad gaa @ af 2008 - 09 % fee sew we at af at morn aif : we Fea % 200 weer ~ Ht wets 1,000 &. afte aa eae 1 at aw ofa a ‘I Ga 2,05,000 ¥. at +e at aie at mia cuit @ 1 frafafad afafis qa a mg 2: 31 arf 2008 4 3raq aT 40,000 31 arf 2009 at Yen eT 30,000 31 ar 2008 & yer wet 12,000 X Ltd. obtained a loan of Rs. 4,00,000 from IDBI Bank. The company issued 5000, 9% Debentures of Rs. 100 each as a collateral security for the same. Show how these items will be presented in the Balance Sheet of the company. 3 waa faftes 4 sng dtateng. de & 4,00,000 %. at am feat | aert 9 eae fez 5000, 100%. see % 9% Hore aT aenftam sfeyfe wo FH Pri fear 1 aeise fis wert & Reafe-fien Hoga nel a fee wa fear se | DN Ltd. issued 50,000 shares of Rs. 10 each at a discount of 10% payable as Rs. 2 per share on application, Rs. 3 on allotment and Rs. 2 each on first and final call. Applications were received for 70,000 shares. It was decided that (a) refuse allotment to the applicants of 10,000 shares, (b) allot 10,000 shares to Mohan who had applied for a similar number, and (c) allot the remaining shares on a pro-rata basis. Mohan failed to pay the allotment money and Sohan who belonged to category (c) and was allotted 3,000 shares, paid both the calls with allotment. Calculate the amount received on allotment. 3