#1
9th August 2014, 08:02 AM
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Accounts Officer/Junior Accounts Solved Papers
I am looking for sample question paper for preparation for accounts officer/Junior accounts examination ?
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#2
9th August 2014, 11:01 AM
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Re: Accounts Officer/Junior Accounts Solved Papers
Here I am giving you sample question paper for preparation for accounts officer/Junior accounts examination below : 1. What is Double Entry Book Keeping System? 2. What is the purpose of preparation of Final Accounts? 3. Journalise the following transaction : (a) Depreciation on machinery Rs. 5,000. (b) Salary paid to employees Rs. 6,000. 4. Find net profit ratio from the following : Gross profit : Rs.1,50,000 Salaries paid : Rs.10,000 Tax paid : Rs. 10,000 Dividend paid : Rs. 20,000 Depreciation : Rs. 10,000 Sales for the year : Rs. 2,00,000 5. From the following balance sheets, prepare a schedule of changes in working capital. Balance Sheets Additional Information : (a) Provision for tax made during the year was Rs. 9,000 p.a. (b) Dividend paid during the year was Rs. 4,000 p.a. Prepare Funds Flow Statement. 9. From the following particulars, find (a) P/V Ratio. (b) BEP Sales (in rupees). (c) Margin of Safety. Rs. Sales 1,00,000 (—) Variable cost 60,000 Contribution 40,000 (—) Fixed cost 20,000 Profit 20,000 10. From the data given below compute the value of current asset, current liability and liquid ratio. Working capital – Rs. 60,000. Working capital ratio = 3.5. Current ratio = 4.5. Stock – Rs. 10,000. 11. Prepare trading account of Archana for the year ending 31.12.96 from the following information : Opening stock : Rs. 80,000 Purchases : Rs. 8,60,000 Freight inward : Rs. 52,000 Wages : Rs. 24,000 Credit sales : Rs. 14,40,000 Purchase returns : Rs.10,000 Sales returns : Rs. 3,16,000 Closing stock : Rs. 1,00,000 Adjustments : (a) Outstanding wages Rs. 1,000. (b) Unrecorded cash sales amounted to Rs. 6,000. 12. Compute working capital turnover ratio : Current Assets : Rs. Stock 60,000 Debtors 40,000 B/R 1,00,000 Cash in hand 40,000 Cash at bank 20,000 Interest accrued 10,000 Prepaid insurance 30,000 Current Liabilities : Rs. B/P 40,000 Outstanding expenses 20,000 Creditors 40,000 Sales for the year 4,00,000 Sales return 40,000 |