SECTION A

1. a) What are the different types of accounts? Give the rules the debit and credit. (OR)

b) What are subsidiary books?

2. a) journalize the following transaction in the books of Anand of Coimbatore 1991:

oct 1 commenced business with Rs.50,000

oct 3 purchased goods for cash Rs.10,000

oct 5 paid freight Rs.50

oct 8 Withdrew Cash from bank Rs.2000

oct 10 Sold goods to Sathish for Rs. 15,000. (OR)

b) a) journalize the following transaction in the books of Arun for the year 2000:

Apr 1 commenced business with Rs.8750

Apr 3 purchased goods for cash Rs.2300

Apr 6 Sold goods for cash Rs. 5000

Apr 8 Received Commission Rs. 230

Apr10 Cash Deposit to bank Rs. 2000.

3. a) Enter the following transaction in the journal and ledger of Hans Raj of Chennai 1997

Mar 1 purchased goods for cash Rs.20000

Mar 7 Sold goods for cash Rs. 7000

Mar 10Drawings Rs.1000

Mar 12Cash Deposit to bank Rs. 500 (OR)

b) Enter the following transaction in the journal and ledger of Kumar & co of Madurai 2001

Jul 1 purchased goods from Anand Rs.12000

jul 2 sold goods to arun for Rs. 200

jul 3 withdraw Rs. 1500

jul 4 Rent paid by Cheque Rs. 400.

4. a) Enter the following transaction in the Simple cash book

Jan 1 Cash balance Rs. 16,000

Jan 4 purchased goods for cash Rs. 10,000

Jan 8 Sold goods for cash Rs. 200

Jan 10 Received cash from X Rs. 720

Jan 12 Paid into bank Rs. 6,000

Jan 14 Paid for Stationery Rs. 250

Jan 16 Paid for Rent Rs. 450 (OR)

b) Raji maintains a two column Cash book which she balances every week.

Nov 1 Cash balance Rs. 6,900

Nov 3 Paid cash to kali Rs. 1,428

Discount received Rs. 72

Nov 4 Paid salaries Rs. 5,025

Nov 5 Cash sales Rs. 11,370

Nov 6 with drew cash for private

Expenses Rs. 1,020

Nov 6 Received cash from Railway

Authority Rs. 4,380

Nov 7 Received Cash from X Rs.3,975

Allowed him Discount Rs.75.

5. a) Enter the following transaction in the Purchase book and Sales book of MUthu.

Jun 1 Purchased goods from balu Rs. 30,000

Jun 3 Sold goods to samy Rs. 15,000

Jun 4 Bought goods from Gobi Rs. 13,500

Jun 12 Sold goodsto Shan Rs. 10,500

Jun 19 Sold goodsto Jaya Rs. 750

 Jun 21 Bought goods from raji Rs. 9,000

Jun 30 Sold goods to kavin Rs. 900.

(OR)

b) Enter the following transaction in the Purchase return book of Mr.Saravanan.

Sep 1 Returned goods to Raja Rs.1,000

Sep 3 Returned goods to Ramesh Rs. 900

Sep 5 Returned goods to Rahul Rs. 1,400

Sep 7 Returned goods to Eesan Rs. 1,675

Sep 8 Returned goods to Aakash Rs. 6500

SECTION B

6. a) Briefly explain the basic Accounting Concepts and Conventions. (OR)

b) Journalize the following transactions:

1. Purchased goods for cash Rs. 10,000

2. Purchased stationery for cash Rs.500

3. Purchased Furniture for cash Rs.3,000

4. Sold goods for cash Rs. 8,000

5. Sold goods to Sathees for cash Rs. 3,000

6. Sold goods to Sathees Rs. 2000

7. Paid rent Rs. 800

8. Paid Salary Rs. 8,000

9. Paid Freight Rs. 300

10. Received Commission Rs. 540

11. Received Interest RS. 600

12. Received Bonus Rs.1000

7. a) Enter the following transaction in the journal and ledger of Pandiyan & co of Salem
2010.

Apr 1 Sold goods to Karthi Rs. 6,000

 3 Cash received from karthi Rs.5,800

and allowed him Discount Rs. 200

18 Karthi purchased goods Rs. 8,000

30 REceived cash from karthi Rs. 4,500

May 1 balance from last month Rs.3,500

12 Sold goods to Karthi Rs. 12,000

22 Received cash from karthi Rs. 4,850

and allowed him Discount Rs. 150

31 Received cash in full settlement Rs.10,250.

(OR)

b) Explain Different kinds of 'CashBook' and their Specific Uses.

8. a) Prepare Purchase Return Book and Sales Return Book from the following Data:

1987 Rs.

AUG 1purchased goods returned to Suresh 205

3 Received goods returned by vignesh 300

4 Goods returned to kalidass 500

5 Sales returns of rs.1260 by mani

6 Returned goods to Raja 1280

11 Damaged goods returned by Muthu 1120

16 Outward returns to kanagasabai 275

17 Inward returns by samy 750

23 Returned goods to sanker 890

31 Selvan returned goods to us 1330. (OR)

b) The following balances are extracted from the ledger of Rahul engineering works on 31 st
March 1997. You are required to prepare a Trial balance as on that date in proper form.

Rs. Rs.

Drawings 6,000 Salaries 9,500

Capital 24,000 Sales returns 1,000

Sundry Creditors 43, 000 Purchase returns 1,100

Bills payable 4,000 Traveling Expenses 4,600

Sundry Debtors 50,000 Commission paid 100

Bills REceivable 5,200 Trading Expenses 2,500

Loan from Karthick 10,000 Discount EArned 4,000

Furiture & Fixtures 4,500 REnt 2,000

Opening Stock 47,000 Bank over draft 6,000

Cash in hand 900 Purchases 70, 800

Cash at Bank 12, 500

Tax 3,500

Sales 1, 28, 000

9. a) Enter the following transaction in Anand's Cash Book with Double Columns:

1999 Rs.

Jan 1 Cash balance 18,500

Jan 3 Cash Sales 33,000

Jan 7 Paid David 15,850

Discount allowed by him 150

Jan 13 Sold goods to Manohar on Credit 19,200

Jan 15 CAshwithdrawn for personal expenses 2,400

Jan 16 Purchased goods from charles on credit 14,300

Jan 22 Paid into Bank 22,750

Jan 25 Cash received from maohar 19,000

Allowed him Discount 200

Jan 26 Drew a cheque for office use 17,500

 Jan 27 Paid Cash to Saravanan 2,950

Discount received from him 50

Jan 28 Paid Cash to Charles Less Discount 14,200

Jan 29 Cash Purchases 13,500

Jan 30 Paid for Advertising 600

Jan 31 Paid Salaries 12,000. (OR)

b) Enter the following Transaction in a three column cash book.

1996 Rs.

Dec 1 Cash in hand 410

Cash at bank 8,920

Dec 2 Cash Sales 4,500

Dec 3 Paid into bank 4,000

Dec 4 Purchased Machinery 100

Dec 5 Paid Mahesh by cheque 280

Discount received 20

Dec 7 Gave a cheque for Cash purchases 1,500

Dec 12 Drew for personaluse 500

Dec 15 Received from Suresh,a cheque for Rs.1970 in full settlement of account for
Rs.2,000 and deposited it in Bank.

Dec 20 Drew From Bank 1,000

Dec 21 Paid Wages 800

DEc 25 bamk retured cheque of suresh dishonoured

Dec 31 Bank charges as per pass book 10.

10. a) The following in the Trial balace of Murugan of virudhunagar as on 31st December 1996.

DEBIT BALANCES Rs. CREDIT BALANCES Rs.

Openingstock 6,200 Sales 82,920

Buildings 34,000 Capital 24,000

Furniture 2,000 Bank loan 6,000

Purchases 42,400 Creditors 9,840

Salaries 4,400 Return outwards 840

Rent 1,200 Interest 260

Miscellaneous Expenses 1,000 Dividend 220

Postage 560

Stationery 520

Wages 10,400

Freight on Purchases 1,120

Carriage on Sales 1,600

Repairs 1,800

Sundry Debtors 12,000

Bad Debts 240

Cash in Hand 2,600

Return inwards 1,120

------------------------- ------------------------

1,24,080 1,24,080

------------------------- -----------------------(OR)

b) From the following balances od Arun, prepare a Trading A/C, Profit & Loss A/C and Balance
sheet as at 31 st December 1995.

DEBIT BALANCES Rs. CREDIT BALANCES Rs.

DEbtors 7,770 Capital 72,000

Salaries 8,000 Creditors 17,440

Discount 2,000 Bills Payable 5,054

postage 546 Sales 1,56,364

Bad DEbts 574 Loan 24,000

Interest 2,590

Insurance 834

Machinery 20,000

Stock(1-1-95) 19,890

Purchases 1, 24, 184

Wages 8,600

Buildings 47,560

Furniture 32,310

value of goods on hand 28,600

on 31-12-1995