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HIGHER SECONDARY MODEL PRACTICAL EXAMINATION MARCH 2012

Max. Score: 40

COMPUTERISED ACCOUNTING

Time: 3Hrs

(Section A is compulsory and attempt any one each from Section B, C & D. Write the procedure and output.)

Section A
1) Show the profit and loss a/c and Balance Sheet of Narujal Agencies, Ernakulam as on 31.03.2011 from the following information:2011 Jan 1 Started business with ` 3,00,000 Opened Current account with Federal Bank ` 1,00,000 Jan 2 Purchased furniture on credit from Aleena traders ` 20,000 Jan 31 Purchases goods from Mahima traders ` 45,000 Feb 1 Sold goods to Joyal ` 75,000 Feb 2 Goods returned to Mahima traders ` 5,000 Feb 2 Cash sales ` 3,250 Mar 1 Paid wages ` 1,500 Paid salary ` 2,500 Mar 1 Interest received ` 1,000 Additional information:Closing stock (31-03-2011) ` 10,000 Depreciate furniture ` 2,000 Salary outstanding ` 250

(8 Score)

Section B
2) Prepare a Bank Reconciliation Statement of Sandeepani Traders as on 31-01-2011. Pass book dates are given in bracket. 2011 Jan 1 Opening balance of SIB current a/c ` 17,500 Jan 2 Paid salary by cheque ` 2,250 (31-01-2011) Jan 2 Deposited into SIB current a/c ` 5,500 (02-01-2011) Jan 2 Purchased furniture and paid by cheque ` 4,650 (01-02-2011) Jan 31 Withdraw from SIB current a/c for office use ` 2,500 (31-01-2011) OR 3) Anushma Traders wants to make Net sale of ` 1,50,000 between 1-1-2011 and 31-1-2011. The sales were as follows : 01-01-2011 Cash Sales ` 95,000 02-01-2011 Sold goods to Sona ` 46,000 31-01-2011 Cash received from Sona ` 36,000 31-01-2011 Sold goods to Santhosh ` 30,000 Prepare Sales Budget and show Budget Variance Report of Anushma Traders (8 Score)

Section C
4) Display stock item summary for Modern Agencies, Kollam from the following information. Stock Group Stock Item Chandrika Toilet soap Sandoor Sunlight Washing soap 501 Bar Soap Unit of measure Number (No.) 01-01-2011 Purchased the following items from Varna Traders 100 Nos Chandrika @ ` 20 75 Nos Sandoor @ ` 30 23 Nos Sunlight @ ` 11 25 Nos 501 Bar Soap @ ` 14 02-01-2011 Cash Sales 45 Nos Chandrika @ ` 12.50 8 Nos Sunlight @ ` 13.50 OR 5) Credit separate Godowns for H&C books is the following places and show Godown summary. Godowns : Thrissur, Kollam Stock Item : Business Studies text books, Note book Unit of measure : Number (No.) Enter the following transactions:01-12-2010 Purchased from Minerva Books, 100 Business Studies books to Thrissur @ ` 40 per book 02-12-2010 Purchased from Nice Choice, 50 Note books to Kollam @ ` 10 02-12-2010 Sold Business Studies from Thrissur, 40 Nos @ ` 50 (8 Score)

Section D
6) Prepare a pay roll statement of GB HSS, Pattambi for the month of January 2011 Name of Employee Basic Pay (`) Janaki 27,000 Lakshmi 23,000 Manu 18,000 Maya 30,000 Najitha 29,000 Allowances:- D.A. 30% of Basic Pay, HRA ` 250 p.m. Deductions :- PF-6% of Basic Pay, GIS ` 300 p.m. OR 7) On 01-01-2007 Antony purchased a Machinery costing ` 5,00,000, Depreciation is charged @ 10% p.a. on diminishing balance method. Show the Depreciation Statement of from 01-01-2007 to 31-12-2010 using a spread sheet. (8 Score)

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