Jan 5 Purchased goods from Radhika Rs. 25000 in cash.

Jan 10 Sold goods to Dipika Rs. 50,000.

Jan 17 Return goods from Dipika Rs. 10,000.
Kumaripati, Lalitpur Jan 20 Paid salary Rs. 160,000 by Cheque.
First Terminal Examination - 2077 Jan 25 Interest received Rs. 5000.
Time: 3:00 hrs. Required: Journal Entries. [3]
Subject: Accountancy F.M.: 75
Class:- XI [MANAGEMENT] P.M.: 30 10. The following transactions are given:
Shrawan 1 Started business with cash Rs. 600,000 & stock Rs. 40,000.
Please read your questions carefully and allocate your time. Try to be direct and
Shrawan 11 Good purchased from Suraj in cash Rs. 20,000 & in credit Rs. 16,000.
original. Students are encouraged to write in their own words.
Shrawan 13 Goods Sold to Manoj in cash Rs. 14,000 & in credit Rs. 6,000.
Attempt all the questions. Shrwan 17 Cash paid to Suraj Rs. 10,950 & discount allowed Rs. 150.
1. Write in brief about accounting. [3] Shrawan 25 Cash received from Manoj Rs. 3850 & discount received Rs. 150.
2. Mention any 3 objectives of accounting. [3] Required: a. Journal Entries b. Manoj a/c c. Suraj a/c [3+2+2]
3. What do you understand by cost account? Give suitable example. [2+1]
11. The following transactions of Mulpani Distributors & Co. are given:
4. Mention any 3 objectives of double entry system of book keeping. [3]
Shrawan 1 Purchased from Munni, Chitwan
5. What is booking keeping? Write any two features of bookkeeping. [1+2]
4 kg of pulses @ Rs. 30 per kg.
6. Clarify money measurement concept with suitable example. [2+1]
10 kg of sugar @ Rs. 50 per kg.
7. Following transactions are provided to you:
(Trade Discount 10%)
a) Opening balance of Cash Rs. 200,000, Goods Rs. 20,000 & Furniture Rs. 50,000
Carriage on Purchase Rs. 500.
b) Taken Loan from Bank Rs. 10,000
Shrawan 10 Purchased from Madhawi, Pokhara
c) Cash Withdrawn by the proprietor Rs. 7000
10 kg of Tea @ Rs. 75 per kg.
d) Sold Goods on credit (Cost Rs. 5000) for Rs. 7000.
15 kg of soyabean @ Rs. 60 per kg.
e) Cash deposited into the bank Rs. 5000.
Shrawan 15 Purchased on cash from Sangita, Lalitpur
f) Paid wages Rs. 2000 & still due Rs. 1000.
25 kg of ghee @ 120 per kg.
Required: Accounting Equation [6]
Shrawan 25 Purchased from Suntali, Dang
8. Following transactions are given to you. 100 kg of Garam Masala @ Rs. 100 per kg.
a) Started business with cash Rs. 200,000. 10 kg of Gyan Aata @ Rs. 40 per kg. (Trade Discount 5%)
b) Goods purchased in credit Rs. 50,000. Required: a) Purchase book b) Purchase a/c [3+2]
c) Paid wages Rs. 10,000.
12. Consider the following information of Narayan:
d) Paid to creditors Rs. 20,000.
Magh 5 Sold goods on credit to Mohan, Mechi
Required: Accounting Equations [4]
300 Table fans @ Rs. 1000 each.
9. Following transactions of M&M store are given to you: 400 Ceiling fans @ Rs. 1200 each.
Jan 1 Started business with cash Rs. 10,00,000. Magh 10 Sold goods on credit to Rustam, Gulmi.
 800 Ceiling fan @ Rs. 1700 each. March 6 Purchased furniture Rs. 1800.
March 10 Withdrew cash from bank for personal use Rs. 2800.
600 Table fan @ Rs. 1400 each. March 12 Sold goods for Rs. 8000 & received cash deducting 5% cash
(Trade Discount @ 10% on both.) discount.
Magh 15 Sold goods on cash to Punkaj, Tikapur March 15 Paid in to the bank Rs. 10,000.
30 Table fans @Rs. 1500 each. March 20 Purchased goods on credit Rs. 10,000 & for cash Rs 2000 for
50 Ceiling fans @ Rs. 1600 each. kamal.
Less 10% trade discount & 5% cash discount. March 25 Paid advertisement Rs. 1,000.
Required: a) Sales Book b) Sales a/c [3+2] March 28 Withdrew from bank Rs. 3,000.
Required: Cash book with cash and bank column. [8]
13. Following are the transactions relating to return.
Ashadh 3 Returned to Prakash:
16. On July 2, 2019, the cash book of ABC traders showed balance of Rs.
3 cassette players @ Rs 2000 each.
43,000 cash and Rs. 124,000 in the bank. Transactions for the traders were:
2 VCD players @ Rs. 5000 each.
July 2 Paid wages of Rs. 65,000 by Cheque.
Ashadh 5 Returned from Ram:
July 2 Cash sales Rs. 141,000.
1 cassette player @ Rs. 2500
July 3 Paid travel expenses in cash Rs. 23,500.
Ashadh 7 Returned to Hari:
July 4 Paid to Gurung Supplies by Cheque Rs. 47,500 after
2 CD players @ Rs. 3000 each.
deducting Rs. 2500 as discount.
5 Radios @ Rs. 500 each.
July 5 Received Rs. 211,500 commission.
Required: a) Purchase return book b) Purchase return a/c [3+2]
July 6 Cash purchase Rs. 94,000.
14. Consider the following information of Mr. Kharel: July 7 Paid wages partly by Cheque Rs. 52,000 and rest by cash Rs.
Bhadra 15 Returned from Kailash 50,000.
20 kg wheat @ Rs. 12 per kg. July 8 Deposited Rs. 125,000 into the bank.
40 kg rice @ Rs. 18 per kg. Required: Triple column cash book. [9]
Bhadra 25 Returned from Bhanu:
40 kg ghee @ Rs. 200 per kg. Best of Luck
30 ltr. oil @ Rs. 80 per ltr.
(5% Trade discount on both.)
Bhadra 29 Returned from Debika:
50 kg sugar @ Rs. 55 per kg.
20 kg rice @ Rs. 25 per kg.
Required: a) Sales return book b) Sales return a/c [3+2]

15. Following transactions are provided to you:

March 1 Balance of cash in hand Rs. 7200 & cash at bank Rs. 21,000.