wwww wwww

ww
www.Padasalai.Net
ww
www.CBSEtips.in
KK11Acc Tenkasl District Common Examinations
Common Quarterly Examination September 2022

eet t eet t
lalai .iN
.N
Time Allowed:3.00 Hours
l a
l i
a .iN
Standard -
.N 11

aa a s
a aa
ACCOUNTANCY
s PART I
Maximum Marks:90
Note: 1. Answer all the
a add
questions.
P P P Paad
20x1=20

ww . . ww.
and write the option code and the corresponding answer. .
2. Choosethe most appropriate answer from the given four alternatives

wwwwanswer:
Choose the correct
wwww
1. Financial position of a business is ascertained on the basis of
a) Journal b)Trial balance c) Balance sheet d) Ledger
2. Assertion
(A): Accounting is the language of business.
Reason (R): The most important function of a language is to facilitate
et
e t
Communication. Select the correct answer:
eet t

et
lalai.iN
.N a

l a a .iN
.N
Both (A) and (R) are true and (R) is the correct explanation of (A)
i
b) Both (A) and (R) are true and (R) is not the correct explanation of (A)
l
aa c) (A) is true, but (R) is false
d) (A) is false, but (R) is true
aassaa

.N
P a add P Paad
3. Thebusiness is liable to the proprietor of the business in respect of capital
P
. .
introduced by the person according to
w w w
w . .
wwww concept wwww
a) Money measurement concept b) Cost concept
C) Business entity d) Dual aspect concept

t
GAAPs are

t C)
lai
a) Generally Accepted Accounting Policies
b) Generally Accepted Accounting Principles
Generally Accepted Accounting Provisions
t t
ee d) None of these
ee
sa
l a
l i
a .iN
.N below l a
l i
a .iN
.N
5. Match List I with List II and select the correct answer using the codes given

aa List I
aassaa List II
() Going concern concept
aadd 3. Transaction involving aad
1. Accounts are prepared for a particular period
da

i) Money measurement concept 2. Every transaction has two aspects

..
(ii) Dual aspect concept
ww P P ww P
.. P
money is recorded

www wwww
(iv) Periodicity Concept 4. Business is a going concern

) w
Codes:
(i) (ii) (iv)
Pa

(c)
eet
(d)t
e t
e t
lal i
a .iN
.N a) Ledger page number
6. J.Fmeans

l a
l ai.iN
.N b) Journal page number
aa aa
w.

c) Voucher number.
aass
dd b) Mahesh A/c
d) Order number
7. Which one of the following is representative personal account?
d
a) Building A/c
..
c) Outstanding salaryPP a
A/c a P
..
d) Balan & Co Paa
w w w
w
wwww b) Posting wwww
8. The process offinding the net amount from the totals of debit and credit columns
ww

in a ledger is known as
a) Casting c) Journalising d) Balancing
A list which contains balances of accounts to know whether the debit and credit
balances are matched is
b) Day book c) Trial balance d) Balance sheet

eet t a) Journal
et
e t
10. In double entry system of book keeping every business transaction affects

l a
l i
a .iN
.N a) Minimum of twoaccounts

l a
l
C) Two sides of the same account
ai.iN
.N b) Same account on two different dates
d) Minimum three accounts
aa a s
a aa
s
11. After the preparation of ledger, the next step isthe preparation of
a) Trading account
c) Journal
P Paadd P Pad
b) Trial balance
a
d) Profit and loss account

w
w .. ww..
12. While preparing the trial balance, the accountant finds that the total of the

wwww the wwww

credit column is short by 200. This difference will be
a) Debited to suspense account b) Credited to suspense account
to any of debit balance d) Adjusted to any of the credit balance
c) Adjusted
13. Trial balance is prepared
a) At the end of the year b) On a particular date
c) For a year d) None of the above

eet t eet t
.NN .NN
Kindly send me your district question papers to our whatsapp number: 7358965593
 wwww wwww
KK11AcC
ww
www.Padasalai.Net
2
ww
www.CBSEtips.in

14. Purchases book is used to record

a) All purchases of goodsS b) All credit purchases of Lassets

eet t
c) All credit purchases of goods
eet t
d) All purchases of assets

lalai .iN
.N
15. Pick the odd one out.
a) Sales Day Book b) Sales Journal
l a
l i
a .iN
.N
c) Sales Register d) Sales Ledger
aa a) Contra entry b) Single entry ss
aa aa
16. If the debit and credit aspects of a transaction are recorded in the cash book, it is

aa
a a d d
17. Small payments are recorded in a book called
c) Compound entry d) Transfer entry
aadd
a) Cash book
ww .P. P b) Purchases book
w
w .P
.P
c) Bills payable
book

w w ww d) Petty cash book

18. In which order accounting system is followed.
(i) Final accounts (ii) Ledger (ii) Trial balance (iv) Journal ww ww
a) (i)(ii)(ii)(iv) b) (iv)(ii)(i)(i) C) (iv)(i)(ii)(i) d) (ii)(iv)(i)(i)
19.
A bank reconciliation statement is prepared by
a) Bank b) Business

et t
c) Debtor to the business
e eet t
d) Creditor to the business

et
lalai.iN
.N between
l a
l a .iN
.N
20. A bank reconciliation statement is prepared to know the causes for the difference
i
aa aas aa
a) The balance as per the cash column of the cash book and bank column of the cash book
s aa
b) The balance as per the cash column of the cash book and bank statement.

.N
aadd ad
ad
C) The balance as per the bank column of the cash book and the bank statement

.P
. P .P
.
d) The balance as per petty cash book and the cash book.
ww PART II
w
w P
wwww
Note: Answer any SEVEN question of the following.
wwww 7x2=14

lai
Question Number 30 is compulsory.
21. Name any two internal users interested in accounting information.
22 What is meant by accounting concepts?
23. What is accounting equation?
t t t t
24. Write the narration with reference to the following journal entries.
ee ee
sa
l a
l i
a .iNN lL.Fi.iN
Inthe books of Shyam Journal entries
.Date a
l a N
.Debit Credit
aa 2018, To Shyam's capital A/c aassaa
Particulars
Cash A/c
RS.
Dr.
aa
3,00,0000
RS.
Ap.1
aadd aadd
da

3,00,000

w w
Bank Ac .P
. P w w. P
. P
2,70,000
ww ww
Dr.

ww To Cash A/c

25. What is meant by posting?

w w
2,70,000
Pa

26. A bill is drawn on 1st October 2021 for 7 10,000 payable after 30 days. What is
the due date?
t t
27. What are the different types of cash book?
ee eet t
l a
l i
a .iN
.N
as on 31st December, 2016.
l a
l a .iN
.N
28. From the following particulars preparea bank reconciliation statement of Jayakumar
i
aa aa
w.

a) Balance as per cash book 77,1300

aass
b) Cheque deposited but not cleared 71,000
d d ddaa
. Paa
c) A customer has deposited 7800 into the bank directly
.P
29. Briefly explain about contra entry.
.P
. Paa
w
w ww
wwww wwww
30. Herald is a FurnitureDealer having business for more than 5 years. Pass journal
ww

entries in his books for the following transactions.

a) 1st March 2021 Bought readymade furniture from Ibrahim & Sons 710,000.
b) 5th March 2021 Bought computer from Kumaran Computers for cash 20,000.
PART II
Note: Answer any SEVEN of the following. 7x3=21
31.N
N t t
ee the meaning of accounting.
Question Number 40 is compulsory.
N Nee t t
i .
i .Explain
i.i .
aalala l a
la
32. Write a brief note on 'Consistency assumption.
33. How are personal accounts classified?
a as saa aa
34. Give the format of purchases book.

PP a a d
35. Explain the utilities of ledger. (Anyd three)
P Paadd
36. State whether the balance
ww . . of the following accounts should be placed
w in
w . .
the

37. Mention the w w ww

(i) Bad debts (iv)
books in which the following transactions ww w
debit or the credit column of the trial balance: (i) Bank overdraft (i1) Purchases
Interest received (v) Drawings (vi) Returns outwards
subsidiary are
w
recorded.
ci) Sale of goods for cash (i) Assets purchased on credit (i1) Goods returned to
Suppliers for which cash is not received immediately.

eet t eet t
.NN .NN
Kindly send me your district question papers to our whatsapp number: 7358965593
 wwww wwww
www.Padasalai.Net
KK11Acc
ww 3
ww
www.CBSEtips.in

38. Ramnath carried forward the following items. Make the opening entry in journal
proper as on 1st January, 2017.

eet t t t
Cash 30,000; Stock r15,000: Furniture 3,000: Sundry Creditors 10,000.
ee
.iN
.N .iN
.N
39. Enter the following transactions in a single column cash book of Seshadri for

l
aaalai May, 2017.
a l a
l i
a
2017
May 1 Cash in hand
aass a 40,000
7
a add 9,000
Paid wages in cash
PP
2,000
P Paad
5
18
w w
Purchased ..
Sold goods for cash
computer 15,000
ww..
22
28 wwwwCash paid to Sabapathi
Paid salary ,000
5,000
wwww
40. From the following information, prepare bank reconciliatlon statement to find out
balance as per bank statement on 31st March, 2017.
Cheques deposited but not yet collected by the bank 500

et
e t t t
Cheque issued but not yet presented for payment 1,000
ee

et
.iN .iN
(ii) Bank interest charged 100

lalai .N a i
iv Rent paid by bank as per standing instruction
l l a .N ? 200

aa (V) Cash book balance ? 3000

a a ssaa PART IV

.N
questions.dd 7x5 35 d
Note: Answer all the
4. a) Discuss in detail P a
. .P athe
importance of accounting. (OR) a
. P
. P a
2018w w ww wwww
b) Enter the following transactions in the journal of Manohar who is dealing in"
w
textiles:
w ww
t t
Mar 1

10
18
lai
Bought goods for cash
Sold goods to Hari on credit
Paid rent
RS
Manohar started business with cash

t t
60,000
25,000
10,000
500
ee ee
sa
Withdrew cash for personal use 4,000
.iN .iN
28

l a
l i
a .N l a
l i
a .N
42. a)Only monetary transactions are recorded in accounting". xplain the statement.(OR)

aa Sunil started busin

a saa
b) Show the effect of following transactions on the accounting equation.
s
with cash 7 1,40,000; goods { 60,000.
a
a add
Purchased furniture worth 720,000 by cash.
aad
da

(ti)
w w P
. P
Depreciation on furniture 800.
. charges
(iv) Deposited into bank 740,000.
ww P
.. P
wwww wwww
through banking net Rs.500.
(v) Paid electricity
43. a) Show the direct ledger postings for the following transactions:
2017 Rs.
Pa

Oct St rted business with cash 25,000

5 Deposited into bank 12,500
Purchased furniture and payment by cheque
eet t 10
cashh
Goods purchased for
ee t t 2,000
5,000

lal i
a .iN
.N 25
i .
i
Goods worth taken for personal use

l a
la N
. N
Prepare Amal's account from the following details.
(OR) 500

aa b)
aa
w.

2017
July 1 d a
d s s
a 15,000
Debit balance of Amal's A/c 5,000
d
15
P a a
Goods sold to Amal on credit
.. P P
.. P aa
18
ww ww
Cash received from Amal16,000
ww w w
ww

20 Goods returned by Amal 1,800

ww 25
31
Discount allowed to Ama
4,000
Goods sold to Amal for cash w w 200

44. a) Trial balance is only a primafacie evidenceof the arithmetical accuracy of

records. Do you agree with this statement? Give easons (OR)
b) Prepare the trial balance from the following balances of Rajesh as on 31st

eet t March, 2017.

eet t
l a
l i
a .iN
.N 13,000
lal i
a .
i N
. N
Conveyance charges 350
aa Bills receivable
Sundry debtors
1,300 a ss aa
Drawings
17,100
a
7,000
Discount received

P P a add Capi
750
Bills payable
al
12,000
25,900
P Pad
a
Bank charges
Cash in hand
ww. . transactions in the
1,000
ww..
wwww wwww
sales book and sales returns book of
45. a) Record the following them to
M/s. Ponni & Co., and post ledger.
2017 Sold goods to Senthil as per Invoice No.68 for 20,500 on credit
Aug 1 Sold goods to Madhavan as per Invoice No.74 for 12,800 on credit

eet t et
e t
.NN .NN
Kindly send me your district question papers to our whatsapp number: 7358965593
 wwww wwww
www.Padasalai.Net
KK11Acc
ww 4
ww
www.CBSEtips.in

7 Sold goods to Kanagasabai as per Invoice No.78 for 7,500 on credit

15 Returns inward by Senthil as per Credit Note No.7 for 7 1,500 for

eet t which cash is not paid

eet t
lalai .iN
.N l a
l a .iN
.N
Sold goods to Selvam for 13,300 for cash
i
Sales returns of 71,800 by Madhavan as
aa s
which cash is not
aa saapaid
per Credit Note No.11 for
(OR)
a
P Paadd
Electric Co., which deals in electric goods.
PPa d
b) Enter the following transactions in the Purchases book of M/s. Subhashree
a d
2017
ww. . ww. .
Apr 5

wwww
10 Electric iron box @ 7 2,500 each
5 electric stoves @ 72,000 edch wwww
Purchased from Karthik Electric Co., on credit

19 Purchased on credit from Khaitan Electric Co.,

3 electric heaters @6,000 each
25 Purchased from Polar Electric Co., on credit

et
e t eet t

et
10 Fans@2,000 each

lalai.iN
.N 29

l a
l i
a .iN
.N
Purchased from M & Co. for cashh
10electric stoves@ 73,000 each
aa ssaa
46. a) Enter the following transactions in the three column cash book of Kalyana

a a a

.N
Sundaram.
2017
P Paadd P Pad
ad
Jan 1
. . Balance in hand
wwfor cash sales ww . . 42,500

ww ww
Received
Balance at bank

wwww
15,700
35,000

lai
4 Cash paid into bank 11,500
6 Cash purchases 14,300
9 Received dividend directly by the bank through ECS 2,000
10 Pongal advance to staff paid through bank 17,000
eet t 12 Received cash from Nagarajan
eet t
sa
11,850

l a
l i
a .iN
.N 17
and allowed him discount
l a
l i
a .iN
.N 150
Paid Magesh in fu!l settlement of his account 20,000 19,700
aa 20

a as aa
s
Cash withdrawn for personal expenses 20,000
a
aa d
30 Withdrawn cash from ATM for office use
d 1,500 (OR)
aadd
da

b) Prepare a analytical petty cash book from the following information on the
imprest system:
ww . P
. P SvAkUM AR. ww
M,. P
. P
2017
Jan
2 ww ww
Received for petty cash
Paid rickshaw charges
500
Ssi ww
Rm ww
Matit
12
Pa

Paid cartage
3 Paid for postage 15
Paid wages to casual labourer 66

eet t 4 Paid for stationery

eet t134

l a
l i
a .iN
.N 5
Paid for auto charges
Paid for repairs
l a
l i
a .iN
.N
18
65

aa aa
w.

Paid for bus fare

d
Paid for cartage
a
dass
11
24
dda
December, 2016.
. P
. Paa . P
. Paa
47. a) From the following particulars, ascertain the cash book balance as on 31st

Overdraft
wwwwas per bank statement 71,26,640
balance
wwww
ww

(i) Interest
(ii) on
ww
overdraft
ww
entered in the bank statement, but not yet recorded
in cash book 73,200
(iil) Bank charges entered in bank statement, but not found in çash book
600
(iv) Cheques issued, but not yet presented for payment 723,360

N N e et t N Ne et t
(v) Cheques deposited into the bank but not yet credited 743,400

a i .
i . a i.i .
(vi) Interest on investment collected by the bank 724,000
(OR)
aal la statement as on 31st
aassa al la
b) From the following particulars ofKamakshi traders,
March, 2018.
prepare a bank reconcliation

a
)(i)
Debit
a
balance as

P P a d d 10,
per cash book 500.
Cheque deposited into bank amounting to 5,500 credited by bank, but
P Paadd
ww . .
entered twice in the cash book.
ww . .
w w
wbook charges debitedbythe bankR200 not recor dedw
(iv) Chequew
in the cash book.
inw
w w
i ) Cheques issued and presented for payment amounting to z 7,000 omitted

the cash book.

v Cash of 1,000 deposited by a customer of the business in cash deposit
machine not recorded in the cash book.

eet t eet t
.NN .NN
Kindly send me your district question papers to our whatsapp number: 7358965593