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Board :State Council of Educational Research & Training
Exam : HSE Accountancy wtih Computerised Accounting
Document Type : Model Question Paper
Website : scert.kerala.gov.in

Download Model/ Sample Question Papers :https://www.pdfquestion.in/uploads/6664-accounting.pdf

SCERT HSE Accountancy wtih Computerised Accounting

Sample Question Paper -I
Maximum : 60 Scores
Time: 2 hrs
Cool off time : 15 Minutes

Related : SCERT Class XI Business Studies Question Paper : www.pdfquestion.in/6663.html

General Instructions to candidates:

1. When a business purchases plant and machinery, this is an example of
a) Revenue Expenditure
b) Revenue spending
c) Capital Expenditure
d) Cash Expenditure (1)

2. Which of the following cannot be a cause for debiting bank account.
a) Cheques deposited for collection
b) Cheque sent to bank dishonoured
c) Paid into bank
d) Cheque given to suppliers dishonoured (1)

3. Which among the following is not an element of computer system.
(a) Hardware
(b) Software
(c) People
(d) Malware (1)

4. Withdrawal by proprietor would
a) Reduces both assets and owners equity
b) Reduces assets and increases liabilities
c) Have no effect on the Balance sheet
d) Reduces owners equity and increases assets (1)

5. In every business we find some assets gets exhausted and soon realised into cash. Can you identify the type of asset reffered to the above statement? List out a few instances of such assets. (2)
6. Write the ‘Entity’ and ‘attributes’ in the box given below, after considering the following statement. Statement: “Gokul an accountant, with ID-20105 whose basic pay is Rs. 25,000”.

7. Write the name of correct computer components in the boxes with question marks.
8. Biju decides to computerise his accounts department by sourcing an accounting software. Give any 4 considerations before taking such a decision. (2)

9. Malu purchased furniture from global traders for cash Rs. 5,000. a) Name the subsidiary book the above transaction will be recorded. (1)
b) If the furniture purchased above, is on credit. Identify the subsidiary book in which the transaction will be recorded? (1)
10. Arrange the following under appropriate heads in the table given below.

11. Vivek started business with the following assets.
Cash – Rs. 10,000
Stock – Rs. 15,000
Plant – Rs. 18,000
Bank loan – Rs. 5,000
a) Give a journal entry to record the above. (2)
b) Show how accounting equation is satisfied. (1)

12. Manu who maintains no perfect system of accounting. His transactions for the month of January, 2014 is as follows.
His drawings during the month was Rs. 6,000/-
a) How much is the profit/loss for the month of January 2014. (2)
b) Identify the system of accounting that you have employed in ascertaining the profit. (1)

13. Some expenses are included in the trading account while some others in the profit and loss account. Why it is so? Explain with example. (3)
14. From the following particulars of Mr. Rajeevan, prepare a Bank Reconciliation statement as on 31.03.2014. Balance as per cash book Rs. 40,000.
a) Divident collected by bank Rs. 3,000.
b) Bank charges debited in the pass book Rs. 700.
c) Cheque deposited but not collected Rs. 7,000.
d) Cheque issued but not presented for payment Rs. 5,000. (4)

15. Which principle of accounting are used for recording the following business events. You can also suggest your views if any basic principles are violated.
a) 10% provision for bad debts to be created based on the previous experience.
b) Tuition fee paid for proprietor’s son was not of business cash but accounted as revenue expenditure.
c) The validity of transactions are ensured by source documents for recording.
d) Goods sold on credit on 01.01.2014 has been delivered to customer on 07.01.2014. The payment on it received on 07.02.2014. This was recorded in the books on 07.01.2014. (4)

16. Prepare a cash book with suitable columns.
2014 April 1 Opening Balance
Cash – 3,000
Bank – 7,000
April 2 The amount collected from cash sales put into the bank 14,000.
April 3 Bank charges Rs. 700.
April 4 Interest debited in the pass book Rs. 3,000.

17. Mathew purchased a motor van on 01.04.2010 for Rs. 3,00,000. He made some additional fittings to the motor van costing Rs. 50,000. Depreciation is provided @ 10% p.a. Prepare machinery account for 4 years assuming that books are closed on 31st March every year, under written down value method. (4)