UNIT TEST – 1
DT:- 24-9-’18 ACCOUNT MARKS – 20
CHOOSE THE CORRECT ANSWER:- (2)
1. Cash purchase of goods will be recorded in _______.
a. Journal proper c. Bills receivable book
b. Purchase book d. Cash book
2. Which transaction are not recorded in the cash book?
a. Cash purchase c. Non cash transactions
b. Cash discount d. Cash sales
ASWER THE FOLLOWING QUESTION:- (2)
3. Explain – Contra transaction.
DO AS DIRECTED:- (4)
4. From the following transactions prepare subsidiary book in the books of Ashraf
stores.
2016
April 1 Purchased goods of ₹ 50,000 from Shaan Store at 10% trade discount,
5% VAT, carriage ₹ 2,000 and railway freight ₹ 5,000 .
5 Purchased goods of ₹ 30,000 from Danial at 5% trade discount. Total
amount with carriage of ₹ 500 and railway freight ₹ 600 paid in cash
immediately.
20 Purchased goods of ₹ 40,000 from Aahil at 10% trade discount, VAT
5%, carriage ₹ 1,000 and railway freight ₹ 2,500. Paid half amount
immediately to Aahil.
25 Purchased machinery of ₹ 35,000 from Pari on one month credit. Carriage
of ₹ 2,000 for machinery paid in cash.
30 Purchased goods of ₹ 25,000 from Arzoo at 10% trade discount and 5%
cash discount. Bill no. 49 received. VAT 5% and railway freight ₹500.
DO AS DIRECTED:- (12)
5. From the following transactions prepare three columnar cash book.
2015
Jun 1 Opening cash balance ₹ 10,000, bank overdraft ₹ 4,000
3 Goods of ₹ 3,000 purchased from Iqra at 10% cash discount and issued
cheque of the necessary amount.
5 ₹ 6,000 deposited in the bank.
10 Goods of ₹ 10,000 sod to Tahir at 10% cash discount. For 60% of the
amount cheque received which is deposited and the remaining amount is
deposited in the bank.
23 Aahil has given ₹ 6,000 and cheque of ₹ 4,000 which is deposited in the
Bank towards the amount of payable ₹ 10,070.
27 Salary of ₹ 1,000 and stationery of ₹ 800 paid by cheque.
31 After keeping cash on hand of ₹ 2,000, remaining amount is deposited in
the
Bank
6. From the following transactions prepare subsidiary book of shri Uvesh.
2015
Feb 1 Purchased goods of ₹ 10,000 from Dhruv at 10% trade discount
7 Sold goods of ₹ 4,000 to Kashmira at 5% trade discount and 2% cash
discount
11 Purchased goods of ₹ 10,000. Cash memo no.20
15 Goods of ₹ 2,000 returned by Kashmira for which credit note no 19 was
sent.
18 15% goods returned to Dhruv and debit note no. 15 sent to him
23 Cash purchase ₹ 20,000 and cash sales ₹ 25,000.
28 Purchased goods of ₹ 30,000 from Nilu & half of the amount paid
immediately
F. D GROUP OF ENGLISH SCHOOL
UNIT TEST – 1
DT:- 26-9-’18 ECONOMIC MARKS – 20
CHOOSE THE CORRECT OPTION:- (2)
1. What was India’s rank in the world according to the Human Development Index in 2014?
a. 129 b.130 c.128 d.127
2. What is the type of inflation called when there is an increase in demand?
a. Cost induced b. Salary induced c. Profit induced d. Demand – pull
ANSWER THE FOLLOWING QUESTIONS IN SHORT:- (2)
3. Write the definition of money given by Marshall and Robertson.
ANSWER THE FOLLOWING QUESTIONS:- (6)
4. Discuss the Function of Money.
5. Explain National Income as an indicator of economic development.
ANSWER THE FOLLOIWNG QUESTIONS:- (10)
6. Explain the causes of inflation.
7. Explain POLI as an indicator of economic development
F. D GROUP OF ENGLISH SCHOOL
UNIT TEST – 1
DT:- 26-9-’18 ECONOMIC MARKS – 20
ANSWER THE FOLLOWING QUESTION:- (2)
1. Explain the definition of Exclusive continuous frequency distribution with example.
SOLVE THE FOLLOWING:- (6)
2. Present the following data in an appropriate tabular form. A bank receives 2000
applications as a response to the job of the total applicants, 50% were graduates, 40%
were post graduates & remaining 10% have professional degree. Among the graduates,
60% were males & of them 25% were married. 40% female graduates were married.
Among the post graduates, 605 were males & 40% of them were married. Among post
graduate females, 50% were married. 30% of the females had professional degree & of
them, 60% were married. The number of married & unmarried males having professional
degree was equal.
3. Prepare a frequency distribution from the following figures. Find inclusive continuous
frequency distribution.
34 45 37 39 39 54 52 69 71 75 74 76 84 96 26 35 65 65 53 53 72 71 84 94
34 24 99 19 46 55 57 66 82 85 35 19 18 28 47 52 64 75 23 18 33 27 57 17
39 38
SOLVE THE FOLLWING:- (10)
4. The time between placing an order and its delivery was noted for a certain wholesaler as
follows. Find the mode for this time.
Time(hrs) 20 - 25 25 - 30 30 - 35 35 - 40 40 -45 45 - 50 50-55
No.of 2 5 7 5 6 7 3
order
5. The following data refer to the milk quantity in 90 bags filled by a machine in a dairy.
Milk content 485 - 490 490 - 495 495 - 500 500 - 505 505 - 570
(ml)
No. of bags 5 21 33 23 8
Find Q 3 , D 5∧P55 .
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