BCM 204

K–262
Total Page No. : 11] [Roll No. ........................
BCM–204
B.Com. IInd Year Examination Dec., 2023
ADVANCED ACCOUNTING
mPprj ys[kkadu
Time : 2 Hours] [Max. Marks : 70
Note :– This paper is of Seventy (70) marks divided into

two (02) Sections ‘A’ and ‘B’. Attempt the questions
contained in these Sections according to the detailed
instructions given there in. Candidates should limit
their answers to the questions on the given answer
sheet. No additional (B) answer sheet will be
issued.
;g iz'u&i= lÙkj (70) vadksa dk gS] tks nks (02) [k.Mksa

^d* rFkk ^[k* esa foHkkftr gSA izR;sd [k.M esa fn, x,
foLr`r funs'Z kksa ds vuqlkj gh iz'uksa dks gy djuk gSA ijh{kkFkhZ
vius iz'uksa ds mÙkj nh xbZ mÙkj&iqfLrdk rd gh lhfer
j[ksaA dksbZ vfrfjDr (ch) mÙkj&iqfLrdk tkjh ugha dh
tk;sxhA
K–262 (1) P.T.O.
Section–A
([k.M–d)
Long Answer Type Questions
(nh?kZ mÙkjh; iz'u) 2×19=38
Note :– Section ‘A’ contains Five (05) Long-answer

type questions of Nineteen (19) marks each.
Learners are required to answer any two (02)
questions only.
[k.M ^d* esa ik¡p (05) nh?kZ mÙkjh; iz'u fn;s x;s gSa] izR;sd
iz'u ds fy, mUuhl (19) vad fu/kkZfjr gSaA f'k{kk£Fk;ksa dks
buesa ls dsoy nks (02) iz'uksa ds mÙkj nsus gSaA
1. What do you mean by independent branch ? What
journal entries are made in the books of head office to
incorporates branch trial balance ?
Lora= 'kk[kk ls vki D;k le>rs gSa \ 'kk[kk Vªk;y cSysal dks
'kkfey djus ds fy, iz/kku dk;kZy; dh iqLrdksa esa dkSulh tuZy
izfof"V;k¡ dh tkrh gaS \
2. Discuss the basis on which apportionment of joint
expenses is made in departmental accounts.
ml vk/kkj ij ppkZ dhft, ftl ij foHkkxh; [kkrksa esa la;qDr

O;; dk foHkktu fd;k tkrk gSA
K–262 (2)
3. The Agra Coal Co. Ltd. took lease of a colliery on the
basis of 50 paise per tonne on coal raised subject to
minimum rent of ` 2,500 per annum with the right of
recouping shortworking during the first four years of
the lease. The quantity raised were :
Year Tonnes
2018–19 3,500
2019–20 4,000
2020–21 5,000
2021–22 6,500
You are required to given the necessary journal entries
and ledger in the books of Agra Coal Co. Ltd.
vkxjk dksy dEiuh fyfeVsM us ,d [kku iês ij yhA vf/kdkj
'kqYd dh jkf'k fudkys gq, dks;ys ij 50 iSls izfr Vu gSA izfr
o"kZ dk U;wure fdjk;k ` 2,500 gSA y?kqdk;Z dh jkf'k dks iês ds
izFke pkj o"kks± esa vifyf[kr fd;k tk ldrk gSA fuEufyf[kr
fudklh dh x;h %
o"kZ Vu
2018–19 3,500
2019–20 4,000
2020–21 5,000
2021–22 6,500
vkxjk dksy dEiuh dh iqLrdksa esa vko';d tuZy ys[ks dhft,
vkSj [kkrs fn[kkb,A
K–262 (3) P.T.O.
4. Prepare statement of affairs and deficiency account of
Mr. ‘A’ from the following :
Capital on 1st April, 2020 4,470
Drawing for the year to 31st March, 2022 1,852
Loss on trading for the year to
31st March, 2022 3,130
Creditors for Income-tax 208
Creditors 8064
Cash in hand 30
Book debts (Estimated to produce ` 2,350) 2,737
Furniture (Estimated to produce) 248
Inventories (Estimated to produce ` 1,200) 1,320
Machinery (Estimated to produce ` 1,930) 2,125
Freehold property (Estimated to produce
` 5,800) and subject to mortgage of ` 4,500) 5,800
Assuming the cost of winding up at ` 258. State the
amount of dividend expected to be paid.
K–262 (4)
fuEufyf[kr lwpukvksa ds vk/kkj ij fe- ^v* dk fLFkfr fooj.k
rFkk deh [kkrk cukb, %
iw¡th 1 vizSy, 2020 4,470
vkgj.k o"kZ 31 ekpZ, 2022 1,852
O;kikj ls gkfu 31 ekpZ, 2022 3,130
vk;dj ds fy, ½.knkrk 208
ysunkj 8064
gkFk esa jksdM+ 30
iqLrd ½.k (mRiknu dk vuqeku ` 2,350) 2,737
QuhZpj (mRiknu dk vuqeku) 248
jgfr;k (mRiknu dk vuqeku ` 1,200) 1,320
e'khujh (mRiknu dk vuqeku ` 1,930) 2,125
ÝhgksYM laifÙk (` 5,800 mRiknu dk vuqeku gS 5,800
` 4,500 cSad ds v/khu gS
lekiu dh vuqekfur ykxr ` 258 yxkrs gq, Hkqxrku fd, tkus

okys vuqekfur ykHkka'k dh jkf'k crkb,A
5. A, B and C were carrying on business in partnership
sharing profits and losses in the ratio of 3 : 2 : 1
respectively. On 31st December, 2015, Balance Sheet
of the firm stood as follows :
K–262 (5) P.T.O.
Liabilities Amount (`) Assets Amount (`)
Sundry creditors 13,590 Cash 5,900

Capital A/C : Debtors 8,000
A ` 15,000
B ` 10,000
C ` 10,000 35,000
Stock 11,690
Building 23,000
Total 48,590 48,590
B retires on the above mentioned data on the following

terms :
(i) Buildings be depreciated by ` 7,000.
(ii) Provision for bad debts be made at 5% on debtors.
(iii) Goodwill of the firm be valued at ` 9,000 and
adjustment in this respect be made without raising
goodwill account.
(iv) ` 5,000 be paid to B immediately and the balance
due to him treated as a loan carrying interest at
6% per annum.
Pass journal entries to record the above mentioned
transactions and show the balance sheet of the firm as it
should appear immediately after B’s retirement.
K–262 (6)
,] ch] vkSj lh lk>snkjksa esa O;olk; djrs Fks] ykHk&gkfu Øekad
3 : 2 : 1 ds vuqikr esa ck¡Vus FksA 31 fnlEcj] 2015 dks QeZ dk
vk£Fkd fpëk fuEufyf[kr Fkk %
ns;rk,¡ jkf'k (`) ifjlEifÙk;ksa jkf'k (`)
fofo/k ysunkj 13,590 udn 5,900
iw¡th [kkrs : nsunkj 8,000
, ` 15,000
ch ` 10,000
lh ` 10,000 35,000
jgfr;k 11,690
Hkou 23,000
;ksx 48,590 48,590
mi;qZDr ok£.kr frfFk ij ch fuEufyf[kr jkrksa ij vodk'k xzg.k

djrk gS %
(i) Hkou dks ` 7,000 ls Îkflr djuk gSA
(ii) nsunkjksa ij 5 izfr'kr vizkI; ½.k ds fy, izko/kku djuk
gSA
(iii) QeZ dks [;kfr dk ewY; ` 9,000 yxkuk gS vkSj fcuk
[;kfr [kkrk [ksys gq, blls lEcfU/kr lek;kstu fd, tkus
gSA
K–262 (7) P.T.O.
(iv) ` 5,000 rqjUr ch dks Hkqxrku fd;k tk, vkSj 'ks"k jkf'k dks
mlds ½.k [kksrs esa gLrkUrfjr fd;k tkrk gSA ftl ij 6
izfr'kr ok£"kd C;kt nsuk gSA
mi;qZDr ysu&nsuksa ds fy, jkstukepk izfo"V;k¡ dhft, vkSj ch ds
vodk'k ds rqjUr ckn dk vk£Fkd fpB~Bk fn[kkb,A
Section–B
([k.M–[k)
Short Answer Type Questions
(y?kq mÙkjh; iz'u) 4×8=32
Note :– Section ‘B’ contains Eight (08) Short-answer type
questions of Eight (08) marks each. Learners are
required to answer any four (04) questions only.
[k.M ^[k* esa vkB (08) y?kq mÙkjh; iz'u fn;s x;s gSa]
izR;sd iz'u ds fy, vkB (08) vad fu/kkZfjr gSaA f'k{kk£Fk;ksa
dks buesa ls dsoy pkj (04) iz'uksa ds mÙkj nsus gSaA
1. What do you mean by redeemable and Irredeemable
debentures ?
'kks/kuh; ,oa v'kks/kuh; ½.ki= ls vki D;k le>rs gSa \
2. Write short notes on the following :
(a) Goodwill
(b) Profit and loss adjustment account
(c) Revaluation account
K–262 (8)
fuEufyf[kr ij laf{kIr uksV~l fyf[k, %
(v) [;kfr
(c) ykHk ,oa gkfu lek;kstu [kkrk
(l) iqueZwY;kadu [kkrk
3. Distinguish between a debenture and share.
va'k ,oa ½.k i= esa vUrj Li"V dhft,A
4. Describe the rules of settlement of account at the time
of dissolution of firm.
QeZ ds fo?kVu ds le; [kkrs ds fuiVku ds fu;eksa dk o.kZu
dhft,A
5. Discuss the accounting methods of amalgamation.
lekesyu dh ys[kkadu fof/k;ksa ij ppkZ dhft,A
6. What is departmental accounting ? State its objects.
foHkkxh; ys[kkadu D;k gS \ buds mís'; crkb,A
7. Ram, Manohar and Joshi were partners in a firm.
Accounts are closed on 31st Dec. each year. Joshi died
on 29th February, 2016. His share of profit from the
closure of the last accounting year till death was to be
calculated on the basis of average of three completed
years of profits before death. Profit for 2013, 2014 and
2015 were ` 7,000, ` 8,000 and ` 9,000 respectively.
Calculate Joshi’s share of profit till his death and pass
the necessary journal entry for the same.
K–262 (9 ) P.T.O.
jke] euksgj ,oa tks'kh ,d QeZ esa lk>snkj FksA [kkrs 31 fnlEcj
dks cUn fd, tkrs gSaA 29 Qjojh] 2016 dks tks'kh dk fu/ku gks
x;kA mlds fgLls ds ykHk dh x.kuk xr ys[kkadu o"kZ dh cUnh
ls e`R;q rd e`R;q ds iwoZ rhu iw.kZ o"kks± ds vkSlr ykHk ds vk/kkj
ij gksrh gSA o"kZ 2013, 2014 vkSj 2015 ds ykHk Øe'k% `
7,000, ` 8,000 vkSj ` 9,000 FksA
e`R;q rd ykHk esa tks'kh dk fgLlk fudkysa vkSj blds fy,

vko';d tuZy ds ys[ks dhft,A
8. The following is the balance sheet of NSC Ltd. as on
31st Dec. 2023 :
Liabilities (`) Assets (`)
4,000, 10% pref. shares 4,00,000 Sundry assets 12,00,000
of ` 100 each at book value
60,000 equity shares 6,00,000
of ` 100 each
Bills payable 50,000
Creditors 1,50,000
Total 12,00,000 12,00,000
The market value of 60% of the assets is estimated to

be 15% more than the book value and that of the
remaining 40% at 10% less than the book value. There
is an unrecorded liability of ` 10,000.
K–262 ( 10 )
Find the value of each equity share (it is to be assumed
that preference shares have no prior claim as to payment
of dividend or to repayment of capital).
31 fnlEcj 2023 rd ,u,llh fyfeVsM dh vk£Fkd fpB~Bk

fuEufyf[kr gS %
ns;rk (`) ijlaifÙk;k¡ (`)
10% izfr'kr iwokZf/kdkj va'k 4,00,000 fofo/k laifÙk;k¡ 12,00,000
` 4,000, ` 100 izfr va'k (iqLrd ewY;)
lerk va'k 60,000, 6,00,000
` 10 izfr va'k
ns; fcy 50,000
ysunkj 1,50,000
;ksx 12,00,000 12,00,000
60% laifÙk;ksa dk cktkj ewY; cqd oSY;w ls 15% vf/kd vkSj

'ks"k 40% dk cqd oSY;w ls 10% de gksus dk vuqeku gSA #i;s
dh vfyf[kr nsunkjh gSA `10,000A
izR;sd bfDoVh 'ks;j dk ewY; Kkr dhft, (;g ekuk tkuk pkfg,
fd iwokf/kdkj va'k 'ks;jksa ds ikl ykHkka'k ds Hkqxrku ;k iwath ds
iquHkZqxrku ds lEcU/k esa dksbZ iwoZ nkok ugha gSA
**************
K–262 ( 11 ) P.T.O.

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K–262

Total Page No. : 11] [Roll No. ........................

Note :– This paper is of Seventy (70) marks divided into

;g iz'u&i= lÙkj (70) vadksa dk gS] tks nks (02) [k.Mksa

(nh?kZ mÙkjh; iz'u) 2×19=38

Note :– Section ‘A’ contains Five (05) Long-answer

ml vk/kkj ij ppkZ dhft, ftl ij foHkkxh; [kkrksa esa la;qDr

Mr. ‘A’ from the following :

Capital on 1st April, 2020 4,470

Drawing for the year to 31st March, 2022 1,852

Loss on trading for the year to

31st March, 2022 3,130

Creditors for Income-tax 208

Book debts (Estimated to produce ` 2,350) 2,737

Furniture (Estimated to produce) 248

Inventories (Estimated to produce ` 1,200) 1,320

Machinery (Estimated to produce ` 1,930) 2,125

Freehold property (Estimated to produce

` 5,800) and subject to mortgage of ` 4,500) 5,800

Assuming the cost of winding up at ` 258. State the

amount of dividend expected to be paid.

vkgj.k o"kZ 31 ekpZ, 2022 1,852

O;kikj ls gkfu 31 ekpZ, 2022 3,130

vk;dj ds fy, ½.knkrk 208

gkFk esa jksdM+ 30

iqLrd ½.k (mRiknu dk vuqeku ` 2,350) 2,737

QuhZpj (mRiknu dk vuqeku) 248

jgfr;k (mRiknu dk vuqeku ` 1,200) 1,320

e'khujh (mRiknu dk vuqeku ` 1,930) 2,125

ÝhgksYM laifÙk (` 5,800 mRiknu dk vuqeku gS 5,800

` 4,500 cSad ds v/khu gS

lekiu dh vuqekfur ykxr ` 258 yxkrs gq, Hkqxrku fd, tkus

Sundry creditors 13,590 Cash 5,900

Total 48,590 48,590

B retires on the above mentioned data on the following

iw¡th [kkrs : nsunkj 8,000

;ksx 48,590 48,590

mi;qZDr ok£.kr frfFk ij ch fuEufyf[kr jkrksa ij vodk'k xzg.k

e`R;q rd ykHk esa tks'kh dk fgLlk fudkysa vkSj blds fy,

Liabilities (`) Assets (`)

4,000, 10% pref. shares 4,00,000 Sundry assets 12,00,000

of ` 100 each at book value

60,000 equity shares 6,00,000

Bills payable 50,000

Total 12,00,000 12,00,000

The market value of 60% of the assets is estimated to

31 fnlEcj 2023 rd ,u,llh fyfeVsM dh vk£Fkd fpB~Bk

10% izfr'kr iwokZf/kdkj va'k 4,00,000 fofo/k laifÙk;k¡ 12,00,000

` 4,000, ` 100 izfr va'k (iqLrd ewY;)

lerk va'k 60,000, 6,00,000

ns; fcy 50,000

;ksx 12,00,000 12,00,000

60% laifÙk;ksa dk cktkj ewY; cqd oSY;w ls 15% vf/kd vkSj

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