HPBOSE March 2018 accountancy series C solved question paper

                           विशेष निर्देश:-
                SPECIAL INSTRUCTIONS :-

1: you must read question paper series in the circle at the top left side of title page of your answer book.

  अपनी उत्तर पुस्तिका के मुख्य पृष्ट के ऊपर बाईं अओर दिए गए वृत्त में प्रश्न पत्र सीरीज आवश्य लिखिए।

2: while answering your questions you must indicate on your answer book the same question number has appeared in your question paper.

प्रश्नों के उत्तर देते समय जो प्रश्न संख्या प्रश्न पत्र पर दर्शाई गई है, उत्तर पुस्तिका पर वही प्रश्न संख्या लिखना अनिवार्य है।

3: Do not leave blank pages in your answer book.

उत्तर पुस्तिका के.बीच खाली पन्ना/पन्ने न छोडें।

4: All questions are compulsory internal churches have been given in some questions.

सभी प्रश्न अनिवार्य हैं। कुछ प्रश्नों में आंतरिक विकल्प दिए गए हैं।



Q14: Rajan Limited issued for public subscription 50000 equity shares of rupees 10 each at premium of rupees 2 per share payable as under
1) on application rupees 2 per share
2) On allotment rupees 5 Per share( including premium )
3) on first call rupees 2 Per share

4) on final call rupees three per share.

Issue was fully subscribed by the public and allotment was made.

Shubham who had 1000 share failed to pay allotment and first call money and his shares were forfeited after first call. Gulshan who had 2000 shares could not pay 2 calls and his shares were also forfeited Paas journal entries in the books of the company.

Q15: what is Goodwill explain the different modes of treatment of goodwill on the retirement of partner.

Q16: name the items which are shown under the headings miscellaneous expenditure in a company's balance sheet.

Q17: what are the objectives of the balance sheet? Describe the objectives of preparing common size statement? Describe the importance of cash flow statement? Current ratio 2.5 working capital rupees 60000 calculate the amount of current assets and current liabilities. From the following information prepare cash flow chart

Q1: Why is it necessary to have a partnership deed?

Q2: Arjun is a partner in a firm he draws Rupees 6000 at the end of every month interest on drawings INR to be charged at the rate 10% per annum. calculate interest on drawings of the Year 2017.

Q3: What do you mean by sacrificing ratio.

Q4: what is meaning of Reserve capital .

Q5: what do you mean by oversubscription of share?

Q6: what do you mean by bearer debenture?

Q7: what do you understand by legacy ?

Q8: Akshita and Nidhika partners in a firm sharing profits and losses In A ratio of 5:3 . They admit K Manik in a partnership for 1/3rd share of profit. calculate new profit sharing ratio.

Q9: what so you understand by calls in arrears and calls in advance ?

Q10: what are the advantages of issuing debentures?

Q11: On March 31 2017 X Limited redeemed rupees 80000, 15 percent interest debentures out of profit journalise the transaction .

Q12: the following particulars relate to the club 40 years Kandi 31st December 2017. Chart from PDF.

Q13: What is recipients and payment
account. Give its features.

Q14: Rajan Limited issued for public subscription 50000 equity shares of rupees 10 each at premium of rupees 2 per share payable as under
1) on application rupees 2 per share
2) On allotment rupees 5 Per share( including premium )
3) on first call rupees 2 Per share

4) on final call rupees three per share.

Issue was fully subscribed by the public and allotment was made.

Shubham who had 1000 share failed to pay allotment and first call money and his shares were forfeited after first call. Gulshan who had 2000 shares could not pay 2 calls and his shares were also forfeited Paas journal entries in the books of the company.

Q15: what is Goodwill explain the different modes of treatment of goodwill on the retirement of partner.

Q16: name the items which are shown under the headings miscellaneous expenditure in a company's balance sheet.

Q17: what are the objectives of the balance sheet?

Q18: Describe the objectives of preparing common size statement?

Q19: Describe the importance of cash flow statement?

Q20:Current ratio 2.5 working capital rupees 60000 calculate the amount of current assets and current liabilities.

Q21: From the following information ( from pdf) prepare cash flow chart