SECTION A (5 8 = 40 marks) Answer any FIVE questions. Answer to theory questions should not exceed 300 words. All questions carry equal marks.

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1 OCTOBER 2012 Time : Three hours Maximum : 100 marks SECTION A (5 8 = 40 marks) Answer any FIVE questions. Answer to theory questions should not exceed 300 words. All questions carry equal marks. 1. Define Book-keeping. What are the advantages of double entry book-keeping? PnUS vâ À C»UPn u P. Cµmøh vä øó ß ßø PÒ õøá? 2. What are adjusting entries? List out them. \ UPmhÀ väpò Gß Ú õøá? AÁØøÓ mi ¼kP. 3. What are the methods of depreciation? u õúzvß ÁøPPÒ õøá? 4. What is Day Book? Explain the types of it. õ Ík Gß x GßÚ? Auß ÁøPPøÍ ÂÍUSP. 5. What is consignment? What are the methods of it? AÝ k Gß x GßÚ? Auß ÁøPPÒ õøá? 6. State the types of ledgers maintained by the cooperatives. TmkÓÄPÒ µõ US µmiß ÁøPPøÍ ÂÁ. 7. What is the statement of receipts and payments? How does it differ from Trial Balance? ö ÖuÀPÒ, ö\¾zxuà mi À Gß x GßÚ? Ax GÆÁõÖ C a \õuøú ¼ x ÁÖ kqóx? 8. What are the objectives of branch control? QøÍU Pmk õmiß õup[pò õøá?

2 SECTION B (3 20 = 60 marks) Answer any THREE questions. Answer to theory questions should not exceed 1,200 words. All questions carry equal marks. 9. From the following particulars, prepare a bank reconciliation statement as on (a) Bank balance as per cash book as on was Rs. 17,000. (b) Cheques issued but not cashed before that date Rs. 1,168. (c) Cheque paid into bank but not collected and credited Rs. 2,170. (d) Our customer directly into our bank account Rs (e) Interest on fixed deposit Rs. 150; Bank charges Rs. 50 were entered only in passbook. RÌUPsh ÂÁµ[PøÍU öpõsk CÀ Á[Q \ UPmk mi À u õ UPÄ. (A) CÀ öµõup Hmiß i Á[Q C ¹. 17,000 (B) ÁÇ[P mh Põ \õø» CßÝ ¹. 1,168 n õup hâàø» (C) Á[Q À ö\¾zu mh Põ \õø» ¹. 2,170 CßÝ Á`¼UP hâàø» (D) (E) ÁõiUøP õíº µi õp Á[Q PnUQÀ ö\¾zv x ¹. 950 Cmk øá ß «x Ámi ¹. 150; Á[QU Pmhn ¹. 50 BQ väpò ö\à»mià mk Ch ö ØÓÚ. 10. Distinguish between cooperative account keeping and double entry system. TmkÓÄU PnUS vâ ¾US, Cµmøh vä PnUQ ¾US EÒÍ ÁÖ õkpøí TÖP. 2

3 11. From the following Trial Balance, prepare final account and balance sheet as Dr. Rs. Cr. Rs. Buildings 1,00,000 Sales 1,27,000 Machinery 60,000 Sundry creditor 28,000 Furniture 10,000 Bills payable 12,000 Investments 20,000 Capital 1,80,000 Drawings 12,000 Purchase returns 3,000 Wages 4,000 Provision for bad and doubtful debts 1,600 Salaries 11,000 Discount received 3,400 Stock ( ) 8,000 Sundry debtor 30,000 Purchases 90,000 Printing charge 200 Trade expenses 300 Bad debts 1,500 Sales return 2,000 Cash at bank 5,000 Cash in hand 1,000 Adjustments : 3,55,000 3,55,000 (a) Closing stock Rs. 15,000. (b) Depreciate machinery at 10%. (c) (d) Discount Rs. 1,400 was received in advance. Create a reserve for bad and doubtful debts at 10% on debtors. RÌUPsh C õ Ä mi ø»u öpõsk CÀ iáøh² BsiØPõÚ CÖv PnUS ØÖ C {ø»u SÔ u õ UPÄ. ØÖ C PÒ ¹. ÁµÄ C PÒ ¹. Pmih[PÒ 1,00,000 ÂØ øú 1,27,000 C vµ[pò 60,000 Ø» PhÜ uõº 28,000 uíáõh[pò 10,000 ö\¾zxuøs õøöa^mk 12,000 u½kpò 20,000 uà 1,80,000 Gk 12,000 öpõò uà v 3,000 3

4 ØÖ C PÒ ¹. ÁµÄ C PÒ ¹. T¼ 4,000 I UPhß JxURk 1,600 \ Í 11,000 uòð i Dmi x 3,400 \µuq (1.4.07) 8,000 Ø» PhÚõÎPÒ 30,000 öpõò uà 90,000 Aa_UT¼ 200  õ õµa ö\»äpò 300 ÁµõUPhß 1,500 ÂØ øúz v 2,000 Á[Q C 5,000 øp 1,000 \ UPmhÀPÒ : (A) CÖva \µuq ¹. 15,000 3,55,000 3,55,000 (B) C vµ[pðus 10% u õú PnUQkP (C) (D) uòð i ¹. 1,400. ß Tmi ö Ó mkòíx PhÚõÎPÒ «x 10% I UPhß {v JxUSP. 12. Enter the following transactions in a columnar cash book. 1 January (a) Balance brought forward Rs. 26,000. (b) Received share capital Rs. 2,000, entrance fees Rs. 100 from Mohan. (c) Received short term Rs. 1,00,000 and MT loan Rs. 2,50,000 from CCB. (d) Travelling allowance paid Rs (e) ST was issued to the members as follows : Rs. P 40,000 Q 25,000 R 36,000 S 45,000 (f) Stationary bought for office use Rs

5 (g) Refunded share capital to Raj Rs (h) The following members repaid their loans with interest. Name Pri Int. Rs. Rs. A 40,000 1,360 B 60,000 1,840 C 38, D 20, (i) (j) Amount remitted to Central Bank on a/c towards principal Rs. 30,000 and interest Rs. 4,600. Purchased goods on credit from cooperative consumer stores Rs. 10,000. (k) Paid salary Rs. 15,000. RÌUPsh háiuøppøí öµõup, \ UPmhÀ, ö õzu zvpò öpõsh õ ÍmiÀ vp. (A) Bµ C ¹. 26,000 (B) õpûh [S öuõøp ¹. 2,000 ~øçä Pmhn ¹. 100 ö Ó mhx (C) zv TmkÓÄ Á[Q h SÖQ Põ» Phß ¹. 1,00,000; zv Põ»U Phß ¹. 2,50,000 ö Ó mhx (D) zv Á[QUS ö\ßö Áµ n i ¹. 150 (E) RÌUPsh EÖ ÚºPÐUS SÖQ U Põ»U Phß ÁÇ[P mhx ¹. P 40,000 Q 25,000 R 36,000 S 45,000 (F) GÊxö õ mpò Áõ[Q x ¹

6 (G) µõâus [SöuõøP v x ¹. 150 (H) RÌUPsh EÖ ÚºPÒ uõ[pò ö ØÓ PhøÚ v Úº ö º A\À Ámi ¹. ¹. A 40,000 1,360 B 60,000 1,840 C 38, D 20, (I) zv Á[QUS ö\¾zv x A\À ¹. 30,000; Ámi ¹. 4,600 (J) TmkÓÄ ~Pº Áõº shp\õø» À öpõò uà ö\ ux ¹. 10,000 (K) \ Í ÁÇ[Q x ¹. 15, Write short notes on : (a) (b) (c) (d) Cheque. Income and Expenditure account. Account sale. Cooperative Education Fund. ]ÖSÔ ÁøµP : (A) Põ \õø» (B) Á Áõ ØÖ ö\»âúu PnUS (C) (D) ÂØ øúu PnUS TmkÓÄU PÀ {v. 6