SECOND YEAR HIGHER SECONDARY EXAMINATION MARCH 2017 SUBJECT : ACCOUNTNACY WITH AFS Sie: Worsoe Qn ‘Sub Answer Key/Value Points Score Total No Qns Pat. A. Reet lige VA) None nee 2 | Fer reicaning / Gualees ov og mening] | ! | plansbon 5 ; 7) on Reecegh , I / 4 | Cd Deb fit 4 ls€ ae 5 | Fev esa ales 1 $622.3 J ta 6) MOO Cah PAA wy parlacss Cepsféd Me Wy} partners Cenda) ale 1 2 tt | Bark + Subscrepber vececver] ter 20/5 $oeoe ' aed ofr Sebrouphey oy Wali 9s ! (20m /eve) aa ' bfvene. 300 D Sebsorphy vewve] & Gase 3 ees a Seeve ie each Covedd eel wittot Lowsif ering. anaoeey , “gee th g Youlke Cepjel a W br Wo, y Oe Fe % 5 Sagi Cepfd el (2000 - GR = 18:1 2. qournal enbky wih yee Gener 3 Sore f ig Of a Scere, fer childs eg ether 4 Ghs-9 ScoreQn |Sub | Answer Key/Value Points ‘Score Total G I) Gwe 2 Seeve dev eng meaning] 5 Oo Aarainig purtres cepa] ale OW tpleehens luddes Gfes Hits poner OA ! fer cach ene qwuth of toonid vig thé Rei gin - fa sank ch R maximum) § Score Ignex ls 3, 2 on “ | thy other Lieatmesf relay Xi | am - | Stove lo | 2 G ashy ) 4 OR y (ee ISO”, For coleatabey doping 4 regio 00) Coleclatien NR - | Scere | V4e Ale ber te yea exabuy 31/3] 14 Salep vines [Peel fubsenpher — | 35,ere¥8 Sede Gp 3y0r) Exbvance a“ Gs ela Revenue fw” Goert tg Uae) ay Brit | 10500 Telephone ¢ aeoo- shaun measth is Depreciesihy 250! eplen Be ae 352050 (35 nse Ussn Answer Key/Value Points Score Total 2) @7|@ Realisabey Ale Wackany | Joce | bred yoo Femecfuce Qeoo Bank (850% + | deIee tebleo hore |e trert™) dlocle S000 cole candaled| Hoo rete e) OC Sjam' expleh Mo Sree Back (tv) | 3920 pam Cod 1K 3.97 Susser 0 | 316 Lol | aes, oS. a gstoo| 3 asin a Hap Serre be each eoliy ith ‘boar: Bee @ Realoeho | 5873 BIT |Aelenecty wh? ne pailtels 1232 can ws 2 pecetuh chen Up evse tration 2 feore Fil ) Beka : 6 far cab afem fiw fy Serre x 0 Sere| on = Answer Key/Value Points = = ake Score Total Slot 4 | Basdhts taen ev : Ameer 36.000 Bhay 18,00 | “> hen em fe 7 fo oe ev each ely If, Seve, fer coved aaneser Y Seon | bepdel th Balance Hf 260,00 jor hark “ws Wako ct hawe (ot Yeon WEN? os he Lavelucten = haa Wi FGETS aes 7 oe BE a an Sree Be Sr age wae [fer each eal ff Seeve, Wah Hes. a Seeve 000 jeaee bailey | 37 dheele Tate sho | nye’ lagh honk gener 5 iy herd aon eee | 1/760% fer ath aches Soe , belb ren gf enefr a Coach enliy OM ries |Qn | Sub | Ans dino | ans iswer Key/Value Points Score | Total a Reveluslrs ge | Beene dts yanks pry %. a ayer Rvelualss | y089 Gl a nw lager Kboves ay, 008 Kuckeles 16, 00 wor Krishnes's coplilole gece | Keboves! cop /fole 4 600 Kuchelas |3200 Corb abe n~ |aeer 2. Kardyel cept | yster fev each ouroa] ealig 4) Score J oe! Ravalualirs ah Ouly bilhad journal {i 4 ShsBly 0 y 39,000 Alp ee vm ‘h pt Kebes 158800 Debtry Kusbsles 3 ‘et hao 496°? Cah Bys60° Each enki» Bh e007 1008? aoe? 70008 pee" pe 3/56 ——— ss J Seove lh an 3 Score SsSub | Answer Key/Value Points Score | Total vt ew aS » Qns | Poxt-B } Analysis gf Farumeind Stebemends c.The difference sbebweer nominal | f ee Assuse prvee gf the ebe ure C+ 10%, | J : uber the riminnan aie les been vecaired \ } J A. pl) above: a |B00 shares 2 b [Goo shares A ey from fom Sowa end Se ek wed Ll score - S Tewtnad antoy for 1,502 Rares jut score my For frndeng out aLletrnent money 3/3 due) receised (1,5°2/5:1° >) Any Aheee advantages s i tems nines os per 2 ea Sehadube VI. a Just wniting Spenaa ta tRe ownel] side o} the Boamce Sheet om sid BS. (Mascimum 2 Score) isa aa ‘Answer Key/Value Points cm py re ole Dr. 219000 2 10% Debentures - 20000 Te Debemture Premium ‘}o,00¢ to, Debentwre Ale Dr. 269000 “Te B E re 200, 000 2 [Bunk oe Ar. Zeosee Pose on dssus of Debord Dre ieee Fe lov Debentures donor Te Premium on bien: ad | Pa egt 2 [Jo Debemt wre* os ya er 10 Common Fixe Balonce Sheet Porkcculars, [Aecembal 4, [Oacembl 4 i paty musk tia gan’) fo |"ai geil /o IeSaveholders Fumd) 00% 3692 a-Shave Capital 22,5000] 367] | ppeRes, Bi Sup | 159004 122 2.Non-Carent Labil | 400,008 i 750.000 15:38 7/50000 15.3: Des sere borin, 1. Cavvert Liebi etic Pode Payable 23 pen 37 295, 75000)32 34 [2.25 000/100 [48,715,000] [00 HI: Assets L-Nom-Carrent Assets | G. Fiseed A ssebs = Tangible Assobe 2ieee0 33773 1.2,00,0° 24.62) plank eimai — deters eT Ing oonoafs¥3¢ B00 6.42 * pooja iqis.ogeeone 77 b.Non-Cursont Inusts 15,08° R.Carvert Ascebs: h as.oonl|35"|7 6 mvent on eS Ls 1G2,25,000, [oO 4B, 75600 16D T 1 Bf3No__| Qns “Answer Key/Value Points Total i Is Bank afc Eqpity shew Aletmant Ov 300,000 [Shen Cop Dr 249000 “Te Shove Application "a 4900 Shaw Appticatine alec Av. 1,8¢000 “Te Share Capital 1,80,000| Share A plication af c DY. 60.000 TeSBlee Alita ot Ghee o°s Capit | g9000) To Securities Premium 26000 Bode o-4 Dr. 240,000 16 Rare Allotment 2 42000 Share (FF call ate , HY. 1,20000 Tis Shave Capito). 1,28 000) ei} Av .1\8 400 Pods Selo tact L849 pete =. Share ardcattte » Ax. rer To Shave © ited) 1, 20,000] isha Sf : Ay | 118,400 andy Final eal 11s 400) pikelele Ay. S000 “TS Share Forfeited ole 4,800 1600 To Shout 1SF cot To shaw and coll (aeee mark Ser zach entry. is ie Secon - 4 Moseimam:‘Sub Qns ‘Answer Key/Value Points ‘Score Total pire [Trade Receivable Ratro = Nek Cradit Revenue from Operation Average Kade Rece’vables. = 11,5e,000 = 17,52,080 (Cab poo+ 116,200) 2, 14,500 = &-18 times. ULES: -|Average Co flection Peviod = Nurober ff Months FFpode Receivable Rotig ~ 1 2 1.45 months. e18 oT eS ee Trade Payable “Turn Over Ratio = Net Credif Pus choure fe ee “Average Trade Payable = & 40,000 = &40000 EnodPe Sa et a $0,000 |, 04,009) 2, € 4,080) = 2-964 tomes] See ee JAverage Poy ment Penied © Nonbes of mort s or lays _ abe Turn Over Ratio Frade Pay Arye 405 months 2-46 ae = 365 2)33-3] =la3rdeys site SE ease ears 23657 62 ~45euys Le 44 t [fer cafculatimg omy 2 ratios correctly 3m lofy(@ ae ‘Answer Key/Value Points Score | Total 13} @ | Net Bett betere “tax jefose: Choos + hese bees), Actustmant Lor: + De prciahing F Lessen SHO Sup. booe Fo GecdiOil) breitiecd 4000 > Pah or SHB Maclay Coss) 10,009] mae Cop Chomger = Ineacare Ip Made Qeiabl C-0°9) 4 Deonease 1 (averderien ‘5 is Trade Panetale Boos = looo loco Slang — [neome Taw Paid (10,008) + tréoms Tax hws! booo Net Cost Aamo 240900 cpu ng Ati te ViSiine tt Towable Pte Cart, |leceo [Balas bet ]>2/08° fal ale | l6oon Balare Zp] 2booe Zboon So pwtng Prept be}ae Boanes'|| ide 5 3boce Bil scor “ber cock Mem Wb Navini af B Sve YsI3b. EG uiproent Ke flo belanee Hp | Bogeee Depreastattun Se Cash Reece! 1 Cant (B[F> | 45080 » Pal ate Gess) | Teee uv balanse Fp | 240% 4Zge00 lease - tpaothase AS fe balan 4p ] 440000] By depreciatine | 490 ‘ " Caorw 40500 balowre Yof | £05000 AS oon laeeae Clornaet Cleo Pett / Ranenuse S2S000 ~39 900 ‘ = 226008 Cu ae eee B Cos Moro cperating Davies zs é Courent feu Bei si deta ma Praponel vidvesl | fosons 22 Prarst SI mo In ox WSo00 ore Patent uri ths oH 1500 eae De pues al? — seen 4 Furnnid 4Son = boss arp Sule & Faup i Gyerdling pat befer catjct i 447 900 Ale Chon ges | ee