Shree Nirmal Secondary School 12 a.

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Hetauda -19 bastipur
Final Examination- 2081 n]Vg'xf];\ . [3]
Level: XI Time : 3 Hours Write features of GAAP.
F.m. : 75 P.m :
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Subject: Principles of Accounting ug'{xf];\ .
;d'x …sÚ Group 'A' Prepare accounting equation from following details. [2]
i. Started business with cash Rs. 2,00,000.
clt ;+lIfKt pQ/fTds k||Zgx? (Very short answer questions)
ii. Purchased goods worth Rs. 20,000 on credit.
;a} k|Zgx?sf pQ/ lbg'xf];\ . (Attempt All Questions) [1x11=11])
iii. Paid Salary Rs. 50,000.
1. n]vf clen]vg eg]sf] s] xf] < iv. Sold goods for Rs. 20,000.
What is book-keeping.
13 a. gub / a}+s sf/f]af/x? tn lbOPsf 5g\ .
2. n]vfljlwsf s'g} b'O{ p2]Zo pNn]v ug'{xf];\ .
Cash and Banking transactions are given below :
Mention any two objectives of accounting.
Poush 1 : Opening Balance of cash and bank are Rs 60,000 and
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Rs. 2,00,000.
Write the meaning of money measurement concept.
Poush 13 : Cash deposited in bank of Rs. 30,000.
4. ;Gt'ng kl/If0fnfO{ kl/eflift ug'{xf];\ . Poush 22 : Paid of Rs. 32,000 to Ram through cheque for setting his
Define trial balance. account of Rs. 35,000.
5. /]vfª\lst r]s eg]sf] s] xf] < Posuh 27 : Received a cheque from Abiral of Rs. 19,000 and cash Rs.
What is cross cheque ? 3,000 for selling machine.
6. Ps klIfo ulNt eg]sf] s] xf] < Required : Triple Column Cash Book [3]
What is one side error ?
13 b. kmlg{r/ vl/b ;DalGw ljj/0f tn lbOPsf 5g\ .
7. k"FhLut vr{ eg]sf] s] xf] <
What is capital expenditure.
Transaction related to furniture purchases are given below :
8. ljlQo ljj/0fsf s'g} b'O cf]6f ljz]iftfx? n]Vg'xf];\ .
Jan 1 : Purchase from Rajan Suppliers.
Write any two features of financial statement.
5 table for Rs. 20,000.
9. sd{rf/L kfl/>ldssf] ah]6 lzif{s gDa/ n]Vg'xf];\ . 20 chairs @ Rs. 2,000 each.
Write budget head number of salary. (Trade discount 10%)
10. a}+s gubL lstfasf] s'g} Ps p2]Zo n]VGg'xf];\ . Jan 10 : Purchased from Anjan suppliers :
Write any one objective of bank cash book. 5 sofa @ Rs. 35000 each
11. ;/sf/L n]vfdf k|of]u x'g] vftfsf k|sf/ n]Vg'xf];\ . 5 piece of bed @ Rs 20,000 each
Write types of ledger in Government of Nepal. Required : Purchase Book. [2]

;d'x …vÚ Group 'B' 14. laa/0fx? lgDgfg';f/ lbOPsf 5g\ M

;+lIfKt pQ/fTds k|Zgx? (Short Answer questions) Following information is given :
;a} k|Zgsf pQ/ lbg'xf];\ . (Attempt all questions) i. Cash book showed a balance Rs. 60,000 each.
[8x5=40] ii. Bank credited Rs. 10,000 only out of various cheques of Rs.
65,000 deposited in the bank.
 iii. Cheque issued of Rs. 80,000 but a cheque of Rs. 10,000 was /fd 6«]8;{sf] r}q #), @)*! sf] ;Gt'ng kl/If0f
17.
not presented for payment till the date.
iv. A customer deposited a cheque of Rs. 44,000 directly in the
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bank but has not been recorded in the cash book. Trial Balance of Ram Traders on chaitra 30,2081 is given below.
v. Bank debited Rs. 500 as bank charge in the pass book. Debit Balance Amount Credit Balance Amount
Opening stock 192,000 Capital 232,000
vi. Cheque of Rs. 12,000 received and entered into the cash book Purchase 344,000 Creditors 80,000
but failed to depost in the bank. Return inward 15,000 Rent received 15,000
Required : Bank Reconciliation Statement. [5] Discount 5,000 Bank Loan 100,000
Salary 190,000 Sales 680,000
Debtors 80,000
15. A 6]«l8ª sDkgLsf] c;dfof]lht ;Gt'ng kl/If0f Wages 60,000
Prepaid Expense 26,000
ljj/0f lbOPsf 5 M General Expenses 30,000
An unadjusted trail balance of 'A' trading concern is given below: Furniture 150,000
Particulars Debit (Rs.) Particulars Credit (Rs) Carriage inward 15,000
Land and Building 400,000 Capital 425,000 Total 1,107,00 Total 1,107,000
Debtors 225,000 Creditors 120,000 0
Bank balance 145,000 Sales 515,000 Additional Information:
Salary 80,000 Loan 250,000 i) Closing Stock Rs. 80,000.
Office expenses 40,000 ii) Unexpired prepaid wages Rs. 15,000.
Purchase 380,000 iii) Interest due on bank loan Rs. 10,000.
Cash 25,000 Required : (a) Trading Account (2)
Prepaid expenses 15,000 (b) Profit and loss account (3)
Total 1,310,000 Total 1,310,000 18. A Club furnished you the following statement of information:
Additional Information Balance Sheet as on 31st Chaitra 2075
i. Depreciation on Land by 10%. Capital/Liabilities Amoun Assets Amount
ii. Salary outstanding Rs. 5,000 t
iii. Prepaid insurance expired Rs. 15,000. Capital Fund 98,000 Club Premises 60,000
Required: Adjusted Trial Balance. [5] Outstanding Wages 1,000 Investment 20,000
st Sport material and equipment 5,000
16. On 1 Baisakh, 2078, XYZ company purchased a Machinery for Rs.
Subscription due 1,000
5,00,000. On 1st Kartik, 2079, company purchased another machinery for Cash 13,000
Rs. 4,00,000. On 1st Kartik 2080, the first machinery was sold for Rs 99,000 99,000
3,10,000 and on the same date company purchased another machinery for Receipt and Payment Account
Rs. 6,00,000. Depreciation was charged @ 10% p.a. under fixed For the year ended 31st Chaitra 2076
installment method. The accounts are closed on 30th Chaitra each year. Dr Cr
Required : Machinery Account for the first three years. [1+2+2] Receipts Amount Payment Amount
To Balance b/d 13,000 By Wages of ground men 9,300
To Entrance Fees 1,000 By Printing and postage 400
 To Tournament receipt 3,000 By X-ray machine 26,000 paid to house owner Sailesh.
To subscription 17,000 By Repair 300 b. r}t !% M gf=;'= /fdrGb|n] ?= %))) sf] kmlg{r/
To Balance c/d 2,000
36,000 36,000 ljn / ?= !))) sf] a}+s ef}r/ k]z ePsfn] lghsf]
Additional Information: k]ZsL ? ^))) km{5\of}6 ul/of] .
i. Entrance fees to be capitalized. Chaitra 15 : Furniture advance of Rs.5000 was cleared as per
ii. Outstanding expenses: Wages Rs.400, Printing Rs. 200. bill of Rs. 6000 and bank voucher of Rs. 1000 submitted by Na.
iii. Subscription due for 2076, Rs. 2,000. Su. Ramchandra
Required:
(a) Income and expenditure account c. r}t #) M sd{rf/Lsf] r}q dlxgfsf] tna ?
(b) Balance Sheet as on 31st Chaitra 2076. [2+3] #),)))-;~rosf]if yk afx]s_ dWo] ? ^,)))
19 a. A trader started business with Rs. 100,000, at the end of the year his
position was as under: sd{rf/L ;~ro sf]if, ? #)) ;fdflhs ;'/Iff
Machinery Rs 175,000 Cash Rs 35,000
Creditors 40,000 35,000
sf]if / ? !,%)) cfos/s s6\6f u/L /sd ljt/0f
80,000
ul/of] .
Additional Information : Staff remuneration of Chaitra Rs. 30000 (with out
i. Cash withdrawn for personal use Rs. 25,000. provident fund) was distributed after deducting P.F. Rs.
ii. Depreciate machinery @ 10%. 6000, social security Rs. 300 and income tax Rs. 1500.
iii. Bad Debt Rs. 6,000.
Required:
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[1+1+1]
(a) Closing statement of affairs.
(b) Statement of Profit and loss. [1+1]
19 lhNnf:t/Lo
b. sfof{nosf] sf/f]af/sf] ;d'x …uÚ Group 'C'
lgDgfg';f/sf] ljj/0f lbOPsf] 5 . sfof{non] vr{x? la:t[t pQ/fTds k|Zgx? (Long Answer questions)
sf] e'Qmflgsf] nflu sf]=n]=lg=sf df e'Stflg ;a} k|Zgsf pQ/ lbg'xf];\ . (Attempt all questions)
[3x8=24]
cfb]z k]z u/] cg';f/ ;f]xL lbg e'Qmflg eof] . 20. Information of Samriyan Enterprises is given below :
Following transactions are taken from District level office. The office has a. Started a business with Rs. 200,000
submitted payment order form to DTCO for the payment of expenditure
b. Purchase goods of Rs.15,000 from Ram
on the same day.
c. Goods sold on cash Rs 18,000
a. r}t ! M 3/wgL z}n]ifnfO{ k|lt dlxgf ?= *,))) d. Cash paid to Ram Rs. 10,000
sf b/n] # dlxgfsf 3/ef8f e'Qmfg ul/of] . e. Again goods purchase from Ram of Rs. 20,000
f. Paid to Ram Rs. 24,000 in full settlement of his account.
Chaitra 1 : House rent @ Rs.8000 per month for three month Required : (a) Journal Entries
 (b) Necessary Ledger local allowance Rs. 10,000 for the month paid after deducting P.F. Rs.
(c) Trail Balance [3+4+1] 20,000 and income tax Rs. 3,000.
21. An unadjusted trial balance of a trader is given below. o; dlxgfsf] sd{rf/Lsf]
Account Titles Debit Rs Account Titles Credit Rs.
kfl/>lds ? !!),))) / :yflgo eQf /sd ? !),)))
Cash at bank 225,000 Allowance for doubtful 5,000
Marketable securities 300,000 Discount received 20,000 dWo] s=;+= sf]ifafkt ? @),))) / cfos/
Advertisement expenses 5,000 Capital Stock 525,000 afkt ? #,))) s6\6L u/L afFsL /sd e'QmfgL
Goowill 15,000 Account payable 50,000
Plant and machinery 150,000 Sales revenue 400,000 ul/of] .
Purchase 200,000 10% bank loan 100,000
Account receivable 100,000
Chaitra 25 : Amount P.F. deduction and income tax deduction were
Interest on bank loan 5,000
deposited into concerned offices.
Salaries and wages 50,000
Prepaid rent 50,000 s=;+= sf]if Pjd\ cfos/ s6\6L /sd ;DlalGwt
1,100,000 1,100,000 sfof{nodf bflvnf ul/of] .
Additional Information :
i. Closing stock Rs. 50,000 Required : Bank Cash Book -a}+s gubL lstfa_ [4]
ii. Depreciation on plant and machinery at 10% per annum.
22 b. lgDgfg';f/sf] hfgsf/L lbOPsf 5g\ .
iii. Interest on bank loan due for half year .
iv. Prepaid rent was expired of Rs. 45,000. Following information is given.
v. Allowance for doubtful debt at 10%
vi. Income tax expenses Rs. 15,000. ah]6 lzif{s sf]8 Aflif{s Dff3 ;Ddsf kmfNu'gsf
Required : (a) Multi Step Income Statement Budget Heads g+= ah]6 ] vr{ ] vr{
(b) Balance Sheet (Classified Format) [4+4] Code No. Annual Expenditure Expenditure
Budget upto Magh of Falgun
sd{rf/Lsf] 21111 480,000 280,000 40,000
22 a. a}+s gubL lstfa tof/ ug{ lgDg sf/f]jf/x? lbO{Psf 5g\ kfl/>lds
M 4 (Employee
remuneration)
Following transactions are given to prepare a bank cash book. Vffg]kfgL tyf 22111 35,000 23,000 3,500
Chaitra 15 : Cleared office supplies advance of Niraj Tamrakar as per bill laB't (Water and
submitted by him Rs. 15,000. Electricity)
e|d0f vr{ 22612 30,000 19,000 10,000
lg/h tfd|sf/sf] sfof{no ;fdfg vl/b lancg';f/ (Travelling Expenses)
lghsf] gfddf /x]sf] ? !%,))) sf] k]lZs km5\ 3/ef8f (House Rent) 28142 60,000 35,000 5,000
;jf/L ;fwg 31121 70,000 41,000 9,000
of}6{ ul/of] . (Vehicle)
yk hfgsf/L (Additional Information)
Chaitra 25 : Out of the total employees' remuneration of Rs. 110,000 and
km5\of}6{ x'g afFsL e|d0f vr{sf] k]ZsL ? %,%))
(Unclear travelling expenses advance Rs 5,500.)
Required : Statement of Expenditure -vr{sf] kmfF6af/L_ [4]

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