Plus One

Kerala State Board New Syllabus Plus One Accountancy Chapter Wise Previous Questions and Answers Chapter 12 Accounting System Using Database Management System.

Kerala Plus One Accountancy Chapter Wise Previous Questions and Answers Chapter 12 Accounting System Using Database Management System

Question 1.
Krishna intends to create a table in MS-Access. Suggest suitable data types for the following fields. (March 2015)

Answer:
Field Name – Data Type
a) Job Id – Number/Text
b) Job Name – Text
c) Job Type – Text
d) Job Department – Text
e) Job Unit – Number
f) Job Time – Date/Time

Question 2.
A company has supplied certain information required for creating a table under MS Access. (Say 2015)

Fill in the blanks with suitable data types wherever you find a question mark.
Answer:
Field Name – Data type
a) Account code – Number/Text
b) Account name – Text
c) Debit/Credit – Number/Text
d) Amount – Number
c) Narration – Text

Question 3.
Sorting or filtering of records is not possible in _____ data type. (March 2016)
a) text
b) number
c) memo
d) date
Answer:
c) Memo

Question 4.
Fill in the blank with a suitable data type on the basis of the hint given: (March 2016)
a) Name : Text
b) Birthdate : ________
Answer:
b) Birthdate : Date/Time/Text

Question 5.
List any two ways in which queries may be created in access. (March 2016)
Answer:
Design view, SQL, wizard

Question 6.
Consider the following table and answer the questions given below. (Say 2016)

a) Name of the entity.
b) Primary key.
c) Generate a meaningful record by writing an example in the above boxes with a question mark.
Answer:
a) Student
b) Student Adm. No.
c)

Question 7.
Mention the steps for creating a simple table in MS Access. (Say 2016)
Answer

• MS Access
• Table/Table design
• Data Type
• Set primary key
• Save the table

Question 8.
Entity in MS Access is a ________ (March 2017)
a) object of relation
b) present a working model
c) thing in the real world
d) model of the relation
Answer:
c) Things in the real world

Question 9.
What is the maximum length a text field can be in MS Access? (March 2017)
a) 120
b) 255
c) 265
d) 75
Answer:
b) 255

Question 10.
Write any two data types in MS-Access with suitable examples. (March 2017)
Answer:
The followings are the different data types:

• Text → Example: Job name, Job type, etc.
• Number → Example: Job unit, Job ID
• Date/Time → Example: Job time
• Currency → Example: Dollars, Rupees, etc.
• Yes/No

Kerala State Board New Syllabus Plus One Accountancy Chapter Wise Previous Questions and Answers Chapter 11 Structuring Database for Accounting.

Kerala Plus One Accountancy Chapter Wise Previous Questions and Answers Chapter 11 Structuring Database for Accounting

Question 1.
The formal blueprint or pictorial representation of accounting reality using the entity-relationship model concept is called ________ (March 2015)
a) E R design
b) Voucher
c) Entity
d) Database structure
Answer:
a) E R design

Question 2.
The most suitable ‘data-type’ for storing ‘name’ in a database is a _________ (March 2015)
a) number
b) text
c) date
d) memo
Answer:
b) Text

Question 3.
Consider the following fields of MS-Access and answer the questions. (March 2015)

1. Here, ‘Voucher’ stands for _______
2. ‘Voucher Name’ is termed as _________

Answer:

1. Entity
2. Attribute

Question 4.
State the entity and its attributes for the given information wherever you find a question mark. Entity:? (Say 2015)

(Hint: The above information is taken from the payroll records of a company.)
Answer:
Entity → Employee
Attributes → ID, Name, Age, Designation

Question 5.
________ are some properties or characteristics that give more description of an entity. (March 2016)
a) Objects
b) Attributes
c) Entity types
d) Values
Answer:
b) Attributes

Question 6.
Observe the following table. (March 2016)

a) Give a suitable entity name.
b) Write the relevant attributes relating to the entity.
Answer:
Entity → Employee/student
Attribute → Job ID, Name, Sex, Date of Birth

Question 7.
Arrange the following items given in the brackets into their order of occurrence in the transaction processing cycle. (Say 2016)
(Storage, Data Entry, Processing, validation)

Answer:

1. Data Entry
2. Validation
3. Processing
4. Storage

Question 8.
a) Write a suitable entity for the attributes given below. (March 2017)
Account Code, Account Name
b) Also identify the key attribute to that entity.
Answer:
a) Entity – Accounts
b) Key attributes – Account code, Account name.

Kerala State Board New Syllabus Plus One Accountancy Chapter Wise Previous Questions and Answers Chapter 10 Applications of Computers in Accounting.

Kerala Plus One Accountancy Chapter Wise Previous Questions and Answers Chapter 10 Applications of Computers in Accounting

Question 1.
The physical components of a computer are collectively called as _________ (March 2010)
a) software
b) hardware
c) live-wave
d) None of these
Answer:
b) Hardware

Question 2.
The use of computers in accounting is called computerized accounting.” Explain four points of difference between manual accounting and computerized accounting. (March 2010)
Answer:
Computerised Accounting

1. In computerised accounting data can be easily processed and statements can be prepared with high speed and accuracy.
2. Mass data can be stored in a very small space and brought back very easily.
3. Coding is essential in computerised accounting.
4. Closing entries are not necessary.
5. The possibility of errors is less in computerised accounting.

Manual Accounting

1. In manual accounting financial statements cannot be prepared with such speed and accuracy.
2. Data are stored in a large number of books and retrieval of data is a very tedious job.
3. Coding is not essential.
4. Closing entries are necessary.
5. The possibility of errors is more.

Question 3.
“Even though computers possess many capabilities, they suffer from a number of limitations. Mention any four limitations of computers. (March 2010)
Answer:

1. Lack of commonsense
2. Computers have no intelligence
3. Lack of decision making skill
4. No feeling

Question 4.
What is a computer? Explain its capabilities and limitations. (March 2011)
Answer:
A computer is an electronic device which accepts data and instructions input, stores them, processes the data according to the instructions, and communicates the results as output.
Capabilities of a computer:

• High-speed
• A large volume of data can be stored.
• Accuracy is very high.
• Computers are multi-purpose ¡nformaon machine i.e. versatility.

Limitations of a computer:

• Computers lack common sense.
• Lack of decision-making skills
• Computers have no intelligence.
• Computers cannot make judgments based on feelings.

Question 5.
How is computerized accounting more helpful to business decision making than manual accounting? (March 2011)
Answer:

• Speed and accuracy
• Storage and retrieval of data
• Automatic and instant processing
• Ease in alteration
• Periodic availability of results

Question 6.
Processed data becomes _________ (March 2012)
a) data based
b) information N
c) record
d) data
Answer:
b) Information

Question 7.
What is computerized accounting? What are the differences between computerized accounting and manual accounting? (March 2012)
Answer:
Computerised accounting is different from manual accounting, the following are the main difference between these two:
Computerised Accounting

1. In computerised accounting data can be easily processed and statements can be prepared with high speed and accuracy.
2. Mass data can be stored in a very small space and brought back very easily.
3. Coding is essential in computerised accounting.
4. Closing entries are not necessary.
5. The possibility of errors is less in computerised accounting.

Manual Accounting

1. In manual accounting financial statements cannot be prepared with such speed and accuracy.
2. Data are stored in a large number of books and retrieval of data is a very tedious job.
3. Coding is not essential.
4. Closing entries are necessary.
5. The possibility of errors are more.

Question 8.
Find the odd one out from the following and state the reasons. (March 2012)
a) Printer
b) Keyboard
c) Monitor
d) Plotter
Answer:
b) Keyboard – All others are output devices, the keyboard is an input device.

Question 9.
“Even though computers possess many capabilities it suffers from a number of limitations. Mention any four limitations of computers. (Say 2012)
Answer:

• Computers lack common sense.
• Lack of decision-making skills
• Computers have no intelligence.
• Computers cannot make judgments based on feelings.

Question 10.
Find out the odd one from the following. (Say 2012)
a) Monitor
b) Printer
c) Barcode reader
d) Plotter
Answer:
c) Barcode reader

Question 11.
Mr. A maintains his accounts manually. Mr. B uses computers for the preparation of accounts. State any two differences between these two systems. (Say 2012)
Answer:
Computerised Accounting

1. In computerised accounting data can be easily processed and statements can be prepared with high speed and accuracy.
2. Mass data can be stored in a very small space and brought back very easily.
3. Coding is essential in computerised accounting.
4. Closing entries are not necessary.
5. The possibility of errors is less in computerised accounting.

Manual Accounting

1. In manual accounting financial statements cannot be prepared with such speed and accuracy.
2. Data are stored in a large number of books and retrieval of data is a very tedious job.
3. Coding is not essential.
4. Closing entries are necessary.
5. The possibility of errors is more.

Question 12.
Tally ERP-9 is a/an _______ software. (March 2013)
a) Operating
b) System
c) Application
d) Utility
Answer:
c) Application software

Question 13.
You are given certain components of a computer. Classify them into software and hardware. (March 2013)
a) Keyboard
b) MS-Office
c) Windows
d) Processor
Answer:
Software – MS Office, Windows
Hardware – Keyboard, Processor

Question 14.
A series of operations in a certain specific order to achieve the desired result in data processing is termed as ________ (March 2013)
a) Processor
b) procedure
c) DBMS
d) hardware
Answer:
b) Procedures

Question 15.
“Computerized accounting is more helpful in decision making when compared to manual accounting”. Give any two points favoring this argument. (March 2013)
Answer:
Computerised Accounting

1. In computerised accounting data can be easily processed and statements can be prepared with high speed and accuracy.
2. Mass data can be stored in a very small space and brought back very easily.
3. Coding is essential in computerised accounting.
4. Closing entries are not necessary.
5. The possibility of errors is less in computerised accounting.

Question 16.
VDU stands for ________ (March 2014)
Answer:
Visual Display Unit (VDU)

Question 17.
Which item is different from others? Why? (March 2014)
a) Mouse
b) Printer
c) Scanner
d) Joystick
Answer:
b) Printer – is an output device, others are input devices.

Question 18.
Mention two capabilities of a computer over human beings. (March 2014)
Answer:
The capabilities of a computer system are as follows:

• Speed
• Accuracy
• Storage
• Versatility

Question 19.
Tailored accounting software is usually suitable for a _______ business. (March 2015)
a) small
b) medium
c) large
d) all of these
Answer:
c) Large business

Question 20.
Write any two limitations of a computer. (March 2015)
Answer:

• Lack of common sense
• Computers have no intelligence

Question 21.
Which among the following is NOT true about computers? (March 2015)
a) Computers have no common sense.
b) Computers cannot take decisions on their own.
c) Computers have zero IQ.
d) Computers have no storage capacity.
Answer:
d) Computer have no storage capacity

Question 22.
Computerized accounting has some advantages over manual accounting. List out any four such advantages. (March 2015)
Answer:
Advantages of computerised Accounting

• Speed
• Accuracy
• Efficiency
• Storage and retrieval
• Reliability
• Versatility

Question 23.
Classify the following into input devices and output devices. (March 2015)

1. Optical pen
2. VDU
3. Printer
4. Smart card reader

Answer:

1. Optical pen – Input device
2. VDU – Output device
3. Printer – Output device
4. Smart card reader – Input device

Question 24.
Find out the odd man out. (Say 2015)
a) MICR
b) OCR
c) Optical Scanner
d) VDU
Answer:
d) VDU

Question 25.
State any four elements of a computer system. (Say 2015)
Answer:
Hardware, Software, People, Procedure

Question 26.
Computerized accounting is not free from limitations. What points would you stress on to support this statement? (Say 2015)
Answer:
The following are the limitations of computerised accounting:

• Huge training cost
• System failure
• Staff opposition
• Inability to check unanticipated errors

Question 27.
Which one of the following is NOT an advantage of computerized accounting? (March 2016)
a) Quality report
b) Up to date
c) Accurate
d) Cost of training
Answer:
d) Cost of training

Question 28.
Complete the diagram. (March 2016)

Answer:

Question 29.
Find the pair which is NOT matched. (March 2016)
a) Operating system – System Software
b) Keyboard – Mouse
c) Scanner – Output device
d) Microwave transmission – Satellite link
Answer:
c) Scanner – output device

Question 30.
Computerized accounting has many advantages over manual accounting. (March 2016)

1. List any two advantages of computerized accounting.
2. Write any one condition that must fulfill by an accounting report.
3. The user-oriented programme designed and developed for performing certain specific tasks are called as ________

Answer:

1. High speed, Accuracy is high, efficiency
2. Relevant, timeliness, accuracy, completeness
3. Application software

Question 31.
Give suitable names to the following: (Say 2016)

Answer:

1. Ready-to-use or customized software
2. Tailored

Question 32.
Find the odd one out and justify your answer. (March 2017)
a) Ready-to-use
b) Customized
c) Tailored
d) Database
Answer:
d) Database, others are accounting packages

Question 33.
Complete the following chart. (March 2017)

Answer:

Question 34.
Which of the following is NOT a feature of Ready-to-use accounting software? (March 2017)
a) It is suited to small organizations.
b) Volume of accounting transactions is very low.
c) Cost of installation is high
d) Number of users is limited.
Answer:
c) Cost of installation is high

Question 35.
Classify the following into input devices and output devices. (March 2017)
a) Keyboard
b) Printer
c) Mouse
d) Monitor
Answer:
Input devices – Keyboard, Mouse
Output devices – Printer, Monitor

Question 36.
Give any two limitations of computerized accounting systems. (March 2017)
Answer:

• Huge Training cost
• Staff opposition
• System failure
• Breaches of security

Kerala State Board New Syllabus Plus One Accountancy Chapter Wise Previous Questions and Answers Chapter 9 Accounts from Incomplete Records.

Kerala Plus One Accountancy Chapter Wise Previous Questions and Answers Chapter 9 Accounts from Incomplete Records

Question 1.
Joseph started his textile shop on 1 st January, 2005 with a capital of Rs. 1,00,000. During the year he introduced Rs. 20,000 as additional capital and his withdrawal was of Rs. 1000 per month.
On 31st December, 2005, his position is as follows: Cash in hand Rs. 20,000; Debtors Rs. 75,000; Closing stock Rs. 1,00,000; Building Rs. 50,000; Creditors Rs. 25,000; Bills payable Rs. 20,000. Calculate the profit earned by Joseph in the year 2005. (March 2010)
Answer:
Statement of Affairs as on 31.12.2005

Statement of Profit/Loss

Question 2.
The closing balance of creditors can be ascertained from the ________ (March 2010)
a) Cash account
b) Balance Sheet at the end of the year.
c) Total creditors account
Answer:
c) Total Creditors Account

Question 3.
The amount of credit sale is determined by preparing a total creditors account. (March 2010)
Answer:
False, The amount of credit sale is determined by preparing a total Debtor’s Account.

Question 4.
From the following information find out the credit sales: (March 2010)

Answer:
Total Debtors Account

Question 5.
A retail trader had not kept proper books of account but from the following details, you are required to ascertain the profit or loss for the year ended 30th June, 2009 and also to prepare a statement of affairs as on that date. (March 2010)

The drawings during the year amounted to Rs. 2,600. Depreciate furniture by 10% and write off Rs. 300 on motor van. As regards to the debtors, it is ascertained that Rs. 500 are irrecoverable and create a further reserve of 5% for bad and doubtful debts. Also create a reserve of Rs. 700 with respect to bills receivable. (March 2010)
Answer:
Statement of Affairs as on 1/7/2008 & 30/6/2009

Statement of Profit or Loss for the year ended 30/6/2009

Question 6.
Ascertain the credit sales and purchase from the following figures: (March 2011)

Answer:
Total Debtors A/c

Total Creditors A/c

Question 7.
Statement of affairs is prepared to find out the ________ (March 2011)
a) assets and liabilities
b) capital
c) purchases and sales
Answer:
a) Assets and liabilities OR b) capital

Question 8.
Pooja started her business with Rs. 75,000 and she further introduced Rs. 10,000 while she withdrew Rs. 23,000 for her personal use. The capital at present will be Rs. _______ (March 2011)
Answer:
Rs. 62,000 ie (75,000 + 10,000 – 23,000)

Question 9.
Mr. Kumar commenced business on 1-1-2009 with a capital of Rs. 30,000. On the same day, he bought furniture for Rs. 6,000. During the year, he borrowed Rs. 5,000 from his father for business purposes and introduced further capital of Rs. 3,000. He had withdrawn Rs. 300 at the end of every month for domestic use. From the following particulars obtained from his books, prepare the Trading and Profit & Loss account for the year ending 31-12-2009 and the Balance Sheet on that date. (March 2011)

Mr. Kumar has used goods worth Rs. 1,400 for his private purpose and paid Rs. 1,000 to his son, but not recorded it in the books. On 31-12-2009, his debtors were Rs. 19,000 and creditors were Rs. 16,000. Stock on that date was valued at Rs. 8,000. Furniture is to be depreciated at 15% p.a.
Answer:
Total Debtors A/c

Total Creditors A/c

Cash Account

Trading and Profit & Loss A/c for the year ended 31-12-2009

Balance Sheet as on 31/12/2009

Question 10.
From the following information, find out: (March 2012)
a) Credit purchase by preparing the total Creditors A/c.
b) Total purchase.

Answer:
Total Creditors A/c

Bill Payable A/c

Total purchase = Cash Purchases + Credit Purchases
= 37,000 + 1,25,000
= 1,62,000

Question 11.
If stock at the beginning or at the end is missing, the same can be ascertained with the help of _________ (March 2012)
a) debtors account
b) creditors account
c) statement of affairs
d) Memorandum of Trading Account
Answer:
c) Statement of affairs
or
d) Memorandum of Trading Account

Question 12.
Mr. Sumesh is a retailer whose records are incomplete. You are required to ascertain his profit or loss for the year ended 31S1 December 2011 from the following details. (March 2012)

Answer:
Statement of Profit or Loss for the year ended 31-12-2011

Question 13.
From the following particulars prepare: (Say 2012)
A) Total debtors account and find out credit sales.
B) Total creditors account and find out credit purchases.
C) Bills receivable account.
D) Bills payable account.

Transactions during the year
Cash received from Debtors ₹ 28000, Cash received against bills receivables ₹ 9,000.
Cash paid to suppliers ₹ 13000, Cash sales ₹ 18000, Cash purchases ₹ 12000.
Cash paid against bills payable ₹ 3150, Discount allowed to debtors ₹ 3500, Bad debts are written off ₹ 1,750.
Return inwards ₹ 3250, Discount received from suppliers ₹ 3150, Return outwards ₹ 1,900, Bills payable dishonoured ₹ 750.
Answer:
Total Debtors a/c

Bill Receivable A/c

Total Creditors A/c

Bill Payable A/c

Question 14.
Calculate the Capital at the beginning. (Say 2012)

Answer:
Capital at the beginning = (75,000 + 12,000) – 20,000 = 67,000/-

Question 15.
Mr. Kiran, a sole trader does not keep full records of books of accounts. However, the following information is available. You are required to calculate Credit Sales and Credit Purchases by preparing the Total Debtors Account and Total Creditors Account. Also, show the Bills Receivable A/c and Bills Payable A/c. (Say 2012)
Balance on 1st January 2010

Balance on 31st December, 2010

Answer:
Bills Receivable A/c

Total Debtors A/c

Bills Payable A/c

Total Creditors A/c

Question 16.
Ascertain the amount of total credit purchases from the following. (March 2013)

Answer:
Total Creditors A/c

Question 17.
Mr. Sankaran commenced business on 1st April 2011 with cash Rs. 20,000, furniture Rs. 10,000 and machinery Rs. 50,000. On 1st January 2011, he introduced Rs. 20,000 into the business. He withdrew @ Rs. 1,000 per month. His financial position as of 31.3.2012 was as follows. Ascertain the profit for the year ending 31.3.2012. (March 2013)
Assets: Stock Rs. 25,000; sundry debtors Rs. 20000; mahcinery Rs.44,000; cash at bank Rs. 20,000; cash in hand Rs. 10,000; bills receivable Rs. 8,000 and furniture Rs. 9,500.
Liabilities: Sundry creditors Rs. 12,500; loan from bank Rs. 20,000; bills payable Rs. 5000.
Answer:
Statement of Affairs as on 01/04/2011 and 31/3/2012.

Statement of Profit and Loss for the year ended 31.3.2012

Question 18.
Prasad kept his books under the single entry system. His position as on 31-12-2012 was as follows. (March 2013)

His capital account shows a credit balance of Rs. 54,000 as on 01-01-2012. He introduced an additional capital of Rs. 5,000 during the financial year. He withdrew Rs. 10,000 for personal purposes. As certain his profit for the year ended 31-12-2012.
Answer:
Statement of Affairs as on 31 -12-2012

Statement of Profit or Loss for the year ended 31/12/2012

Question 19.
If the opening capital is less than the closing capital, provided there are no adjustment, the result is _________ (March 2014)
a) a profit
b) a loss
c) drawings
d) expenses
Answer:
a) Profit

Question 20.
From the following information, find the amount of credit purchase. (March 2014)

Answer:
Total Creditors A/c

Question 21.
The profit or loss under the single entry system is found by/on _______ basis. (March 2014)
a) An estimate
b) Drawing the profit and loss account
c) Drawing the balance sheet
d) the double-entry system
Answer:
a) An estimate

Question 22.
Jaya brothers ¡s a sole trader who invested Rs. 10,000 on 01 .01 .2012 in his business and the same was found at Rs. 18000 at the end of the accounting year. He also withdrew Rs. 6,000 for his private use. Ascertain his profit for the year. (March 2014)
Answer:
Statement of profit/loss for the year ended _______

Question 23.
Mr. John, who does not follow the double-entry system gives you the following details for the period ended 31.12.2012. (March 2014)

Other information:
a) Depreciate plant by 10%.
b) Salary outstanding Rs. 1000.
You are asked to prepare the Profit and Loss Account and the Balance Sheet as of 31.12.2012.
Answer:
Statement of Affairs as on 01.01.2012

Cash Book

Total Debtors A/c

Total Creditors A/c

Trading and Profit & Loss A/c for the year ended 31.12.2012

Balance Sheet as on 31.12.12

Question 24.
From the given information find the following: (March 2015)
a) Credit sales by preparing the total Debtors account
b) Ascertain the total sales.

Answer:
Total Debtors Account

b) Total Sales = Cash sales + Credit sales
= 25,000 + 22,900
= 47,900

Question 25.
Mr. Thomas keeps his books under the single entry system. On 1 st April 2013, his records indicated the following assets and liabilities. (March 2015)

During the year, he introduced Rs. 15000 as further capital and withdrew Rs. 400 every month. Calculate the profit or loss made by him during the year by using the statement of affairs method.
Answer:
Statement of Affairs as of 1/04/2013 & 31/03/2014

Statement of Profit or Loss for the year ended 31/3/2014

Question 26.
Ascertain the profit from the following: (March 2015)

Answer:
Statement of profit/loss

Question 27.
Credit purchases are calculated by preparing ________ (March 2015)
a) Total Debtors account
b) Total Creditors account
c) Bills Receivable account
d) Bills Payable account
Answer:
b) Total Creditors Account

Question 28.
Which of the following cannot be a posting on the credit side of the debtor’s account? (Say 2015)
a) Discount allowed
b) Bad debts
c) Credit sales
d) Cash received
Answer:
c) Credit sales

Question 29.
Abu does not follow any perfect system of accounting. He gives you the following information. (Say 2015)

a) Ascertain the net profit
b) What method have you employed for profit computation?
Answer:
a) Statement of Profit or Loss

b) Single entry system

Question 30.
The following information was extracted from the book of Mr. Raveendran, who maintains a single entry system, for the year ending 31st December 2015. (March 2016)

a) Calculate total purchase made by Mr. Raveendran during the year 31st December 2015.
b) While preparing the final account, from where did he get the value of opening capital and expenses made during the year?
Answer:
a) Total creditors A/c

Total purchase = 75,000 + 12,000 = 1,87,000
b) i) Opening capital is calculated by preparing statement of affairs.
ii) Expensens from cash book or cash summary.

Question 31.
Consider the following information from the books of Mr. Sidique. (March 2016)
a) Profit for the year Rs.60,000
b) Additional capital introduced by him Rs. 50,000
c) Drawings by him this year Rs. 30,000
d) Capital at the end of the year Rs. 2,00,000
Find the capital contributed by him at the beginning of the year.
Answer:

Question 32.
Find the capital at the beginning, from the following information. (Say 2016)

Answer:
Capital at the beginning = Capital at the end + Drawings + Loss during the year – Additional capital
= 1,56,000 + 14,000 + 20,000 – 40,000
= 1,50,000

Question 33.
Vimal started a business on 1st January 2014 with an investment of Rs. 1,60,000. He does not maintain proper books of accounts for his business. During the year 2014, he withdrew Rs. 20,000 for personal use and introduced Rs. 10,000 as fresh capital. His position of assets and liabilities as of 31st December 2014 stood as follows. (March 2017)

Prepare a statement of Profit or Loss for the year ended 31st December. 2014, provided that depreciation on furniture is to be charged at 10%.
Answer:
Statement of Affairs as on 31/12/2014

Statement of profit or loss for the year ended 31/12/14

Kerala State Board New Syllabus Plus One Accountancy Chapter Wise Previous Questions and Answers Chapter 8 Financial Statements – I & II.

Kerala Plus One Accountancy Chapter Wise Previous Questions and Answers Chapter 8 Financial Statements – I & Financial Statements – II

Question 1.
Outstanding salaries are shown as _______ (March 2010)
a) Assets
b) Liabilities
c) Capital
d) Expense
Answer:
b) Liabilities

Question 2.
Goods given as samples should be credited to ________ (March 2010)
a) Advertisement account
b) Sales account
c) Purchase account
d) None of these
Answer:
c) Purchase Account

Question 3.
State whether the following is “true” or “false”. If false, correct the same. (March 2010)
Loss of stock on account of fire should be debited to the Trading account.
Answer:
False. It should be debited to P/L a/c or credited to Trading A/c.

Question 4.
Sales are equal to _________ (March 2010)
a) cost of goods sold + profit
b) cost of goods sold – gross profit
c) gross profit – the cost of goods sold
Answer:
a) cost of goods sold + profit

Question 5.
Income tax paid by a sole proprietor on his business income should be ________ (March 2010)
a) debited to the trading account.
b) debited to the profit and loss account.
c) deducted from the capital account in the balance sheet
Answer:
c) Deducted from the capital account in the balance sheet

Question 6.
If a closing stock appears in the Trial Balance, it will appear in the _______ only. (March 2010)
Answer:
Balance Sheet

Question 7.
a) The following is the Trial Balance of Mr. Laxmi Narayan as of 30th June 2007. (March 2010)

Adjustments:
a) Stock in hand on 30th June, 2007 was Rs. 1,28,960.
b) Write off half of Mohan’s cheque.
c) Create 5% provision on debtors.
d) Wages include Rs. 1,200 for erection of machine purchased last year.
e) Depreciate plant and machinery by 5% and fixtures and fitting by 10% per year.
f) Commission accrued Rs. 600.
g) Interest on loan for the last two months is not paid.
You are required to prepare the Trading and Profit & Loss Account and also a Balance Sheet as on 30.6.2007.
Answer:
a) Trading and Profit and Loss Account of Mr. Lijin for the year ended 31st Dec. 2005

Balance Sheet as on 30/6/2007

Question 8.
Following is the Trial Balance of M/s. Kasthuri Agencies on 31st March, 2008. Prepare the Trading and Profit and Loss Account for the year ended 31st March, 2008 and a Balance Sheet on that date, after considering the adjustments. (March 2010)

Adjustments:
a) The value of closing stock on 31st March, 2008 was Rs. 32,000.
b) Outstanding wages Rs. 500.
c) Pre-paid insurance Rs. 300.
d) Commission received in advance Rs. 800.
e) Allow interest on capital @ 10% p.a.
f) Depreicate building by 2.5%, furniture and fittings by 10%.
g) Charge interest on drawing Rs. 500. Motor van by 10%.
h) Balance of interest due on loan is also to be provided for.
Answer:
Trading and Profit and Loss Account for the year ended 31.03.08

Balance Sheet as on 31.03.2008

Question 9.
_______ can be computed by deducting the cost of goods sold from sales. (March 2011)
a) Net profit
b) Gross profit
c) Net sales
d) Operating profit
Answer:
b) Gross profit

Question 10.
State whether the following is “true” or “false”. If false, correct the same. (March 2011)
Sales = cost of goods sold + profit
Answer:
True

Question 11.
State whether the following is “true” or “false”. If false, correct the same. (March 2011)
If closing stock appears in the Trial Balance, it will appear in the Trading account only.
Answer:
False, If closing stock appears in the Trial Balance, it will appear in the “Balance sheet” only.

Question 12.
The following is the Trial Balance of Mr. B. Govind on 31st March, 1990. (March 2011)

Taking into account the following adjustments, prepare the Trading and Profit and Loss account and the Balance Sheet for the year ended 31 st March, 1990.
a) Stock in hand on 31st March, 1990 was Rs. 26,800.
b) Machinery is to be depreciated at the rate of 10% and patent at the rate of 20%.
c) Salaries for the month of March, 1990 amounting to Rs. 1,500 were unpaid.
d) Insurance includes a premium of Rs. 170 on a policy expiring on 30th September, 1990.
e) A provision for bad and doubtful debts is to be credited to the extent of 5% on sundry debtors.
Answer:
Trading and Profits & Loss Account of Mr. B. Govind for the year ended 31/03/1990

Note: Insurance prepaid = 170 × 6/12 = 85. (April 1990 to September 30th)
Balance Sheet as on 31/03/1990

Question 13.
The following is the Trial Balance of Mr. Arun as on 31st December, 2009. (March 2011)

He furnishes the following additional information:
a) Closing stock on 31-12-2009 is Rs. 16,000.
b) Provide for Rs. 1,500 and Rs.2,000 for outstanding salaries and wages respectively.
c) Insurance was prepaid to the extent of Rs. 75.
d) Interest accrued Rs. 500.
e) Machinery and patents are to be depreciated @ 10% p.a. and 20% p.a. respectively.
You are required to prepare the Trading account, Profit & Loss account and the Balance Sheet of Mr. Arun as on 31.12.2009.
Answer:
Trading & Profit and Loss A/c for the year ended 31/12/2009

Balance Sheet as on 31/12/2009

Question 14.
Interest on investment received in advance is shown on the ________ (March 2012)
a) asset side of the balance sheet
b) liability side of the balance sheet
c) credit side of the revenue account
d) none of these
Answer:
b) liability side of the balance sheet

Question 15.
Contingency liabilities are shown on the footnote in the balance sheet as per the _______ accounting principle. (March 2012)
Answer:
Disclosure

Question 16.
The details of stationery for a manufacturing unit is given below: (March 2012)
Opening stock of stationery Rs. 500/-
Stationery purchase Rs. 1,200/-
Closing stock of stationery Rs.700/-
Determine the amount of stationery to be debited in the profit and loss account.
Answer:

Question 17.
Calculate the amount of operating profit from the following: (March 2012)
Sales less return – 1,30,000
Cost of goods sold – 80,000
Administration expenses – 25,000
Loss on sale of furniture – 20,000
Answer:
Operating Profit = Gross Profit – Operating expenses
Gross Profit = Net sales – cost of goods sold
= 1,30,000 – 80,000
= 50,000
Operating Profit = 50,000 – 25,000 = 25,000
Note: Loss on sales of furniture is non-operating or purely financial nature. So it is excluded while computing the operating profit.

Question 18.
A balance sheet of a sole trader is arranged in the liquidity order. Answer the following, if the trader has all typical assets. (March 2012)
a) First item is shown on the asset side of the Balance Sheet.
b) Last item is shown on the asset side of the Balance Sheet.
Answer:
a) Cash-in-hand is the first item shown on the asset side of the Balance Sheet in order of liquidity,
b) Goodwill is the last item shown on the asset side of the Balance Sheet in the order of liquidity.

Question 19.
Pass the necessary adjusting entries to record the following transactions in .the books of account on 31st March 2010. (March 2012)
a) Rent due but not paid during the year ended Rs. 500/-
b) Prepaid insurance Rs. 1,250/-
c) Depreciation on plant and machinery Rs. 5,000/-
d) Loss on sale of machinery Rs. 1,250/-
Answer:

Question 20.
From the following Trial Balance of M/s Usha Agencies on 31st March, 2010, prepare the Trading, Profit and Loss account for the year ended 31st March, 2010 and the Balance Sheet as on that date, making necessary adjustments. (March 2012)

Adjustments:
i) Closing stock Rs. 20,000.
ii) Write off further bad debts Rs. 3,000.
iii) Provide 5% for provision for bad and doubtful debts.
Answer:
Trading and Profit & Loss Account for the year ended 31/3/2010

Note:
a) New provision for bad & doubtful debts = (15000 – 3000) × 5/100 = 600
b) Interest on fixed deposit = 25,000 × 10/100 = 2500
c) Salary outstanding for one month = 1,000
Balance sheet as 31/3/2010

Question 21.
A.Mr. Koya has submitted to you the following Trial Balance as on 31st March, 2011 wherein the totals of the debit and credit balances are not equal. (March 2012)
Trial Balance as at 31st March, 2011

You are required to:
a) Redraft the Trial Balance correctly as at 31st March, 2011.
b) Prepare Trading and Profit and Loss Account for the year ended 31st March, 2011 and Balance Sheet as on that date after taking into account the following additional information.
Additional information:
i) Stock as on 31st March, 2011 worth Rs. 10,000.
ii) Wages for the month of March, 2011 amounted to Rs. 2,400 were unpaid.
iii) Depreciate building at 10% per annum.
iv) Bad debts written off Rs. 600.
v) A provision for bad debts is to be created to the extent of 10% on Sundry Debtors.
vi) Patents are written off by Rs. 2,500.
Answer:
Trial Balance as on 31.3.2011

Trading & Profit and Loss A/c for the year ended 31/12/2009

Balance Sheet as on 31/3/2011

Question 22.
The statement showing the financial position of a business is known as ______ (Say 2012)
a) Profit and Loss Account
b) Balance Sheet
c) Income and Expenditure
d) Receipts and Payments Account
Answer:
b) balance sheet

Question 23.
The purpose of preparing the ______ account is to ascertain the financial result. (Say 2012)
Answer:
Profit and Loss A/c or Income and Expenditure a/c

Question 24.
If closing balance of stock appears in the trial balance, it will appear in ______ only. (Say 2012)
Answer:
Assets side of the Balance sheet

Question 25.
Write the treatment of interest on capital, while preparing final account. (Say 2012)
Answer:
Interest on capital debited to Profit and Loss A/c and it is shown in the liability side of the Balance Sheet by adding the same to capital.

Question 26.
A firm had purchased goods worth Rs. 70,000 and it had an opening stock for Rs. 10,000. It sold a portion of goods for Rs. 75,000 at a Gross Profit of 20%. Find out its closing stock. (Say 2012)
Answer:
Closing Stock = (Opening Stock + Purchases + Gross Profit) – Sales
= (10,000 + 70,000 + 15,000) – 75,000
= 20,000
Gross Profit = 75,000 × 20/100 = 15000
OR
Another Method
Trading A/c.

Question 27.
Ram Ltd. gives the following items. As a commerce student classify them into revenue expense, capital expenditure and deferred revenue expense. (Say 2012)
Answer:
i) Computer purchased
ii) Salary paid
iii) Huge advertisement expenses
iv) Goods purchased
Answer:
i) Computer Purchased – Capital Expenditure
ii) Salary paid – Revenue Expenditure
iii) Huge Advertisement Expenses – Deferred Revenue Expenditure
iv) Goods purchased – Revenue Expenditure

Question 28.
The following Trial Balance is extracted from the books of D.Das on 31st December 2009. (Say 2012)
Trial Balance

The following adjustments are to be made:
a) Provide interest on capital at 5% per annum.
b) Salaries outstanding ₹ 1,200.
c) Insurance prepaid to the extend of ₹ 700.
d) Write off ₹ 1300 as bad debts.
e) The provision for doubtful debts is to be maintained at 5% on debtors.
f) Depreciate motor vehicles at 15% and furniture at 10%.
g) Stock in hand on 31.12.2009 was ₹ 30000.
h) A fire occurred on 26.12.2009 in the godown and the stock of the value of ₹ 6000 fully damaged. It was fully insured and the Insurance company admitted the claim in full.
You are required to prepare a Trading, Profit and Loss Account for the year ended 31 st December 2009 and a Balance sheet on that date after making the above adjustments.
Answer:
Trading and Profit and Loss A/c for the year ended 31.12.2009

Balance Sheet as on 31/12/2009

Working note
New provision for bad debt = (38500 – 1300) × 5% = 1860.

Question 29.
Prepare Trading and Profit and Loss account and Balance Sheet from the Trial Balance of Shri. Govind as on 31st March 2010. (Say 2012)

Adjustments:
1) Stock is valued at Rs. 16,000
2) Allow Interest on Capital @ 6% p.a.
3) Depreciate Furniture by 5% and Plant by 10%
4) Wages are unpaid Rs. 400.
Answer:
Trading & Profit and Loss A/c for the year ended 31/3/2010

Balance Sheet as on 31/3/2010

Question 30.
While preparing final accounts, outstanding salary is added to the salary account. The accounting principle relevant to this context is _______ (March 2013)
a) Matching
b) Business entity
c) Materially
d) Going concerned
Answer:
a) Matching

Question 31.
Which of the following is not a purpose of preparing a Balance Sheet? (March 2013)
a) To know about the sources and application of funds.
b) To know the financial position of the business.
c) To ascertain the nature and value of the asset owned.
d) To evaluate the profitability of the business
Answer:
d) To evaluate the profitability of the business

Question 32.
The Trial Balance of a trader has the following information. (March 2013)
a) Bank loan @ 12 %, Rs. 10,000
b) Interest paid Rs. 800 bank loan
Calculate the outstanding amount of interest on the bank loan.
Answer:
Interest on loan = 10,000 × 12/100 = 1200
The outstanding amount of interest on loan = 1200 – 800 = 400

Question 33.
Interest on capital is _________ (March 2013)
a) expenditure for the business
b) expense for the business
c) gain for the business
d) loss of business
Answer:
b) Expenses for the business

Question 34.
From the following information, ascertain the number of debtors to be posted in the asset side of the Balance sheet. (March 2013)
Given in Trial Balance
Bad debts – Rs. 700
Debtors – Rs. 7,000
Provision for doubtful debts – Rs. 500
Given in Adjustments:
a) Provide 5% for further bad debts.
b) Create provision for doubtful debts @ 10% on debtors.
c) Provision for discount on debtors is to be created @ 10%.
Answer:

The amount to be posted in the assets side of the B/S = 5386

Question 35.
On 31.12.2011, the balance of sundry debtors is Rs. 30,300 and further bad debts are estimated as Rs. 300. 5% of the debtors are expected to be doubtful. What are the adjustments to be required at the time of preparing the Profit and Loss Account? (March 2013)
Answer:
Rs. 300 debited to Profit and Loss Account as bad debts and Rs. 1500 (30300 – 300 = 30000 × 5/100 = 1500) debited to Profit and Loss A/c as provision for bad and doubtful debts.

Question 36.
The Trial Balance of M/s. Arathy as on 31st March, 2012 is given below. Prepare the final accounts. (March 2013)

Adjustments:
a) Closing stock was valued at Rs. 9000.
b) Insurance prepaid is Rs. 100
c) Wages outstanding is Rs. 700
d) Depreciate machinery and furniture by 10%.
Answer:
Trading and Profit & Loss A/c for the year ended 31/3/2012.

Balance Sheet as on 31/3/2012

Question 37.
Cost of goods sold is equal to sales minus _______ (March 2014)
a) net profit
b) net loss
c) gross profit
d) gross loss
Answer:
c) gross profit

Question 38.
From the Balance sheet given below, calculate: (March 2014)
a. Long term liabilities
b. Current liabilities
c. Fixed assets
Balance Sheet

Answer:
a) Long term liabilities = Debentures + capital
= 20000 + 94400
= 114400
b) Current liabilities = Sundry creditors + Loan (6 months)
= 42000 + 8000
= 50000
c) Fixed Assets = Furniture + Patent
= 30000 + 50000
= 80000

Question 39.
Given below is an extract taken from the Trial Balance of a trader as on 31.12.2012. (March 2014)
Debtors – Rs. 9100
Bad debts – Rs. 1000
Provision for bad debts – Rs. 900
Additional Information:
a) Further bad debts to be written off this year were Rs. 100.
b) 10% is reserved for further bad debts.
How much amount has to be debited to the Profit and Loss account?
Answer:

Question 40.
The following are the balances taken on 31st December, 2012, from the books of Mr.Rajendran. Prepare the Trading and Profit and Loss accounts and the Balance Sheet as on that date. (March 2014)

Other information:
1) Stock on 31st December, 2012 was Rs. 10,000.
2) Create a reserve for doubtful debts at 10%.
3) Depreciate furniture by 10%.
4) Wages unpaid were Rs. 1000.
Answer:
Trading and Profit and Loss account for the year ended December 31.12.2012

Balance Sheet as on 31/12/12

Question 41.
Prepare the financial statements of Rajeevan Stores for the year 2012-13 from the information given below. (March 2014)
Trial Balance as on 31.03.2013

Adjustments:
a) Closing stock was valued at Rs. 7000.
b) Wages yet to be paid Rs. 300.
c) Rent includes advance payments of Rs. 600 for the next year.
d) Bad debts written off Rs. 400.
e) Depreciate building at 10% per annum
Answer:
Trading and Profit and Loss Account for the year ended 31.3.2013

Balance Sheet as on 31.03.2013

Question 42.
Salary of Rs.8,000 which remains unpaid during the current year is called a/an _________ (March 2015)
a) asset
b) liability
c) capital
d) income
Answer:
b) liability

Question 43.
“Under the liquidity approach, assets which are more liquid are presented at the bottom of the balance sheet”. (March 2015)
a) Is it correct? Justify your answer.
b) Write the following assets in the order of liquidity.
i) Cash in hand
ii) Cash at bank
iii) land and building
iv) Bills receivable
v) Closing stock
vi) Goodwill
Answer:
a) No, Under the liquidity approach, assets are entered up in the balance sheet following the order in which they can be converted into cash.
b) i) Cash in hand
iii) Bills Receivable
iv) Closing stock
v) Land and building
vi) Goodwill

Question 44.
Beena started the business with the following: (March 2015)
a) Classify the assets under appropriate headings.
b) Ascertain her capital.
c) Arrange them in the order of permanence by adding an intangible asset of your choice.
Cash Rs. 20,000, Building Rs. 1,00,000, Bank balance Rs. 10,000, Furniture Rs. 8,000 and Debtors Rs. 3,000.
Answer:
a) Cash – CurrentAsset
Building – Fixed Asset
Bank Balance – CurrentAsset
Furniture – Fixed Asset
Debtors – CurrentAsset
b) Capital = 20,000 + 1,00,000 +10,000 + 8,000 + 3,000 = Rs. 1,41,000
c) In the order of Permanence
1) Goodwill
2) Building
3) Furniture
4) Debtors
5) Bank
6) Cash

Question 45.
Prepare the trading, Profit, and Loss account and Balance Sheet from the Trial Balance of Mr. Shibu as on 31st March, 2013. (March 2015)

Adjustments:
1) Closing stock was valued at Rs. 20,000
2) Wages outstanding Rs. 500
3) Commission receivable Rs. 400
4) Insurance prepaid Rs. 100
Answer:
Trading and Profit and Loss A/c for the year ended 31/03/2013

Balance Sheet as on 31/03/2013

Question 46.
The following balances are taken from the books of Mr. Biswas. (March 2015)

After making the following adjustments, prepare the Trading and Profit and Loss accounts for the year ended 31st March 2014 and a Balance Sheet as on that date.
a) Stock as on 31st March 2014 worth Rs. 20,000.
b) Depreciate furniture @ 20%
c) Salary due but not paid Rs. 1,000.
d) Write-off Rs. 500 as bad debts and create a reserve for bad and doubtful debts @ 10%.
(Hint: Interest on investment accured but not received has to be considered).
Answer:
Trading and Profit and Loss A/c for the year ended 31/03/2014

Balance Sheet as on 31/3/2014

Question 47.
In which of the following items, shall commission paid by a business in advance during the year be included? (Say 2015)
a) Current expenditure
b) Current liability
c) Current asset
d) Current income
Answer:
c) Current Asset

Question 48.
The information given below is extracted form ABC Stores during the year 2013-14. (Say 2015)
Purchases – Rs. 4,000
Opening stock – Rs. 6000
Closing stock – Rs. 20,000
Gross profit – Rs. 10,000
Wages – Rs. 4,000
Find the sales during the year.
Answer:
Trading A/c for the year ended ________

Question 49.
Find the ‘sale’ of Mr. Binesh from the following information provided by him for the year ending 31st March 2013. (March 2016)

Answer:
Trading A/c for the year ended 31/3/13

Question 50.
Some adjustments are given below. (March 2016)
i) Wages outstanding Rs. 500
ii) Rent received in advance Rs. 450
iii) Further bad debts Rs. 300
a) How these adjustments are treated in the final account?
b) Write the adjustment entry for wages outstanding.
Answer:
a) Wages outstanding: It must be added to the wages account in the trading and profit and loss A/c. It will be shown on the liability side of the balance sheet.
Rent Received in advance: It will be deducted from the rent in profit and loss a/c. It will be shown on the liability side of the balance sheet.
Further Baddebts: It will be added to the baddebt in profit and loss a/c and deduct further bad debts from debtors in assets side of the balance sheet.
b) Wages a/c Dr 500
To wages outstanding a/c 500

Question 51.
a) Explain the term, current liability with an example. (March 2016)
b) Classify the following items into current liabilities and long term liabilities.
(Loan for five years, Creditors, Debentures, Bankover draft)
Answer:
a) Liabilities are payable within one year are called current liabilities
eg. creditors, Bills payable etc.
b) Current liabilities → Creditors, bank overdraft
Long term liabilities → Loan for 5 years, debentures.

Question 52.
The following balances have been extracted form the books of Kerala Traders for the year ended 31st December, 2014. (March 2016)

Adjustments:
a) Make a provision on debtors @ 6%
b) Salaries outstanding Rs.200. Repairs include Rs. 300 for the year 2015.
c) Depreciate building @ 5% and furniture @ 10%
d) Closing stock Rs. 24,000
Prepare Profit and Loss A/c and Balance Sheet for the year ending 31st December, 2014.
Answer:
Trading and Profit and Loss A/c for the year ended 31/12/2014

Balance Sheet as on 31/12/2014

Question 53.
The following is the trial balance of Ammu Associates for the year ending 31st December, 2014 and other information relating are given to you. Find the working result of business and also show the financial position of them for the year. (March 2016)
Trial Balance of Ammu Associates on 31-12-2014

Additional information:
a) Closing stock is valued at Rs. 25,000
b) Salary of an employee is not paid Rs. 500
c) Further bad debt incurred Rs. 200
d) Provision for bad debt is created at 5% on debtors
Answer:
Trading and profit and Loss A/c for the year ended 31/12/14

Balance sheet as on 31/12/2014

Question 54.
Find the odd one out from the following. State the reason. (Say 2016)
a) Rent
b) Salary
c) Wages
d) General Expenses
Answer:
c) wages
Reason: wage is a direct expenses, but all others are indirect expenses.

Question 55.
Ascertain the amount to be debited to prodit and loss.account under the head ‘Salaries’ based on the following information. (Say 2016)
Given in Trial balance:
Salary (Dr) Rs. 12,000
Salary outstanding (Cr) Rs. 2,000
Given in adjustments:
Salary includes Rs. 1,500 paid in advance
Answer:
Profit and Loss A/c

Question 56.
The following balances are extracted form the books of a sole trader as on 31/12/2015. (Say 2016)

Additional information
a) Closing stock on 31/12/2015 Rs. 33,000
b) Salary prepaid Rs. 2,000
c) Write off Rs. 1,000 as bad debts and provide 3% for provision for bad and doubtful debts
d) Wages outstanding Rs. 1,000
Prepare a trading and Profit and Loss account and Balance Sheet as on 31/12/2015.
Answer:
Trading and profit and Loss A/c for the year ended 31/12/2015

Balance sheet as on 31/12/2015

Question 57.
Athul, a commerce student prepared the following diagram showing examples of direct expenses for exhibiting in the class room. Identify the wrong examples appearing in the diagram. (March 2017)

Answer:
Rent
Repairs

Question 58.
“A Balance Sheet is more reliable than statement of affairs”. Explain. (March 2017)
Answer:
A balance sheet is prepared on the basis of those books which are maintained under double entry system. But statement of affairs is prepared on the ba¬sis of information from incomplete records. So a bal¬ance sheet is more reliable than statement of affairs.

Question 59.
Calculate the value of cost of goods sold and gross profit. (March 2017)

Answer:
Cost of goods sold = (Opening stock + Purchases + Direct exp.) – Closing stock
= 18,000 + 60,000 + 4000 – 20,000
= 62,000
Gross profit = Net sales – cost of goods sold
Net sales = 1,32,000 – 7000 = 1,25,000
Gross Profit = 1,25,000 – 62,000 = 63,000

Question 60.
Opening Stock Rs. 18,000
Purchases Rs. 22,000
Wages Rs. 5,000
Closing stock Rs. 15,000
a) Ascertain cost of goods sold.
b) How much is gross profit, if sales is Rs. 37,500? (March 2017)
Answer:
a) Cost of goods sold = Opening stock + purchases+ Direct expenses – Closing stock
= (18,000 + 22,000 + 5000) – 15,000
= 30,000
b) Gross profit = Sales – Cost of goods sold
= 37500 – 30,000
= 7,500

Question 61.
“Outstanding Expenses are to be accounted for while preparing the financial statements”. (March 2017)
a) Which concept of accounting is mentioned in the above?
b) Complete the following table.

Answer:
a) Matching Principle
b) i) Prepaid insurance – Prepaid amount deducted from insurance on the debit side of P/L a/c
ii) Depreciation on furniture – Amount of depreciation debited to P/L a/c.
iii) Bad debts given outside the Trial Balance – Deducted from Sundry debtors on the asset side of the B/s

Question 62.
Following is the trail balance of R.K. Traders on 31st December, 2014. Prepare Trading and Profit & Loss account and Balance Sheet taking into account, the adjustments given. (March 2017)

Adjustments:
a) Closing stock was valued at Rs. 2,400.
b) Commission received in advance Rs. 800.
c) Salaries due but not paid Rs. 1,300
d) Depreciate furniture by Rs. 1,500
e) 1/4 of insurance is unexpired
Answer:
Trading and profit and Loss A/c for the year ended 31/12/14

Balance Sheet as on 31/12/14

Question 63.
The following is the Trial Balance of Kiran, a trader as on 31st December, 2016. (March 2017)
Trial Balance as on 31/12/2016

Additional Information:
a) Closing stock was valued at Rs. 10,000.
b) Carriage outstanding Rs.500
c) Commission received in advance Rs.700
d) Provide 5% of debtors for bad debts.
Prepare Trading and Profit and Loss account for the year ended 31st December, 2016 and a Balance Sheet as on that date.
Answer:
Trading and Profit and Loss A/c for the year ended 31/12/2016

Balance Sheet As on 31/12/2016

Kerala State Board New Syllabus Plus One Accountancy Chapter Wise Previous Questions and Answers Chapter 7 Bill of Exchange.

Kerala Plus One Accountancy Chapter Wise Previous Questions and Answers Chapter 7 Bill of Exchange

Question 1.
Bills received from debtors during the year can be obtained from the _______ account. (March 2010)
Answer:
Bill Receivable a/c / Total Debtors a/c

Question 2.
There are only two parties in case of a Bill of Exchange. (March 2010)
Answer:
False. Three parties

Question 3.
On 15th June, 2009, Naveen sold goods to Preman valued at Rs. 20,000. He drew a bill at 3 months for the amount and discounted the same with his bankers at Rs. 19,600. On the due date, the bill was dishonoured and Naveen paid the bank the amount due plus the noting charge of Rs. 100. Pass entries in the books of Naveen. (March 2010)
Answer:
In the books of Naveen

Question 4.
A bill of exchange is a _______ instrument. (March 2010)
Answer:
Negotiable/credit/creditorship instrument

Question 5.
On 1st May, 2007, Rolex Traders sold goods to AB & Company for Rs. 5,000 and drew them a bill of three months for the amount. AB & Co. accepted it and returned to Rolex Traders.
On the due date, AB & Co. expressed their inability to meet the bill and offered Rs. 3,000 in cash and a new bill for the balance with interest of Rs. 200 for 3 months. On maturity, the bill was duly met by AB & Co. Pass the entries in the books of Rolex Traders. (March 2010)
Answer:
Journal Entries in the books of Rolex Traders

Question 6.
A bill is drawn on 20th January 2005, payable after two months. The bill becomes due on _______ (March 2011)
a) 20th March 2005
b) 23rd March 2005
c) 23rd February 2005
d) 20th February 2005
Answer:
b) 23rd March 2005

Question 7.
A bil of exchange is a _______ instrument. (March 2011)
Answer:
Negotiable Instrument

Question 8.
On 1st January, 2000, P sold goods to Q for Rs. 5,000 and drew a bill on him for 3 months. Q accepted the bill and returned it to P. On the same day, P discounted the bill with his bank at 10% per annum. On the due date, the bill was dishonoured and the bankers paid noting charge of Rs. 100. Show the necessary journal entries in the books of P. (March 2011)
Answer:
Journal (In the book of P)

Question 9.
Signing on the back of the instrument for negotiation is called ________ (March 2011)
a) accepting
b) endorsement
c) noting
Answer:
b) Endorsement

Question 10.
Mrs. Latha sold goods for Rs. 5,000 to Mrs. Sheena on 1-1-2010 and drew a bill for 3 months. The latter accepted the same and retired her acceptance after one month at a rebate of 10%. Journalize the transactions in the books of Mrs. Latha and Mrs. Sheena. (March 2011)
Answer:
Journal (In the book of Mrs. Latha)

Journal (In the book of Mrs. Sheena)

Question 11.
When discounted bills of exchange are dishonoured, the amount of the bill is debited in the ______ account and credited in the account in the ________ books of the drawee. (March 2012)
a) debtors, bank
b) debtors, bills receivable
c) bills payable, creditors
d) debtors, creditors
Answer:
c) Bills payable, Creditors

Question 12.
On 1st January, 2010, Raju sold goods to Ravi on credit for Rs.4,000. Raju drew a bill for the same amount for three months and got it accepted by Ravi. On the same date, this bill was discounted with the bank @ 12% p.a. On the due date, the bill was met. Pass the necessary journal entry in the books of Raju. (March 2012)
Answer:
Journal (in the book of Raju)

Question 13.
A bill of exchange is drawn on 29th January, 2012 made payable after ‘2’ months. Calculate the due date of the bill. (March 2012)
Answer:
31-03-2012 or 1-4-2012

Question 14.
A) On 1st July, 2011, Mrs. Kavitha sold goods to Mrs.Molly for Rs. 10,000 and drew two months bill for that amount which was duly accepted. On 5th July, 2011, Mrs. Kavitha discounted the same with the bank for Rs. 8,500. On the due date, the bill was dishonoured and noting charges of Rs. 150 was paid by the bank. Show the journal entries in the books of both the parties.
B) Draw a specimen of the Bill of Exchange and explain any four essential features of it. (March 2012)
Answer:
A) In the book of Mrs. Kavitha

In the book of Molly

B)

The document is a Bill of Exchange.
Features:

• It contains an order to pay money.
• The order should be unconditional.
• The drawer must sign the bill.
• The drawee must be a certain person.
• The order must be for the payment of money only.
• It should be properly stamped.

Question 15.
A bill is noted when it is _______ (Say 2012)
a) Dishonoured
b) Honoured
c) Discounted
d) None of these
Answer:
a) dishonoured

Question 16.
If the acceptor makes payment of the bill before maturity, it is called renewal of a bill. (Say 2012)
Answer:
False. If the acceptor makes payment of the bill before maturity, it is called retiring of the bill.

Question 17.
On 1st January 2005, Ram received from Hari three acceptance for ₹ 5,000, ₹ 8,000, and ₹ 10,000 for two months.
The first bill of ₹ 5,000 was endorsed to Mohan. The second bill of ₹ 8,000 was held till the due date, the third bill of ₹ 10,000 was discounted for a discount of Rs. 100. The maturity date of all the three bills was dishonoured. Give journal entries in the books of Ram, noting charge ₹ 200 for each bill. (Say 2012)
Answer:
Journal (in the book of Ram)

Question 18.
Ram sold goods for Rs. 2,000 to Krishna on 10th January, 2010 and he drew a 10 days bill for the same amount. The due date of the bill is: (Say 2012)
a) 10th January, 2010
b) 23rd January, 2010
c) 20th January, 2010
Answer:
b) 23rd January, 2010.

Question 19.
From the given specimen of bill of exchange, identify: (Say 2012)
(i) Drawer
(ii) Drawee
(iii) Due Date
(iv) Amount of the bill.

Answer:
i) Drawer – George Kurian
ii) Drawee – Robert Mathew
iii) Due Date-15th April 2011
iv) Amount of the bill – Rs. 2500/-

Question 20.
Mr. Akhil sold goods to Mr. Sunil and received a two months bill of exchange for Rs. 5,000. On the due date Mr. Sunil failed to pay the amount of the bill. Pass dishonour entries in the books of Akhil in the following circumstances.
i) If Akhil retains the bill with him.
ii) If he discounted the bill through the bank for Rs. 4,800. (Say 2012)
Answer:

Question 21.
Making payment of the bill of exchange before the due date is called _________ (March 2013)
a) Renewal of the bill
b) Retiring of the bill
c) Discounting of the bill
d) Dishonour of the bill
Answer:
b) Retiring of the bill

Question 22.
On 1st January, 2012 Suresh accepted the 2 monthly bill drawn by Sudhi for Rs. 10,000. On 15th January, Sudhi discounted the bill with his banker @ 10%. On the due date, the bill was dishonoured. Give journal entries in the books of Suresh and Sudhi. (March 2013)
Answer:
Journal (in the book of Sudhi)

Journal (in the book of Suresh)

Question 23.
A bill dated August 1, 2012 is payable 2 months after date. If the due date is a public holiday, what will be the date of maturity of the bill? (March 2013)
Answer:
3rd October 2012. (If the due date falls on holiday, the due date will be the previous day.)

Question 24.
On 1st January, 2012, Rajan sold goods to Suresh for Rs. 25,000 and drew upon him a Bill of exchange for 2 months. Suresh accepted the bill and returned it to Rajan. He then endorsed the bill to Manoj, who discounted the bill with the bank on 15-01-2012 for cash Rs. 24,750. The bill was dishonoured on the due date. Show the journal entries in the books of Rajan and Suresh. (March 2013)
Answer:
Journal (In the Book of Rajan)

Journal (In the Book of Suresh)

Question 25.
A bill of exchange is drawn on _______ (March 2014)
a) debtors
b) Creditors
c) banks
d) None of these
Answer:
a) Debtors

Question 26.
Calculate the due date of the bills in the following cases. (March 2014)
a) Bill drawn on July 1, 2013 for 2 months.
b) Bill drawn on June 30, 2013 for 30 days.
Answer:
a) 4th September, 2013
b) 2nd August, 2013

Question 27.
The drawer of a bill of exchange is always the ________ (March 2014)
a) Debtor
b) endorser
c) Creditor
d) Proprietor
Answer:
c) Creditor

Question 28.
On 01.01.2013, A sold goods to B for Rs. 2000 and on the same day, Adrew upon B a bill of Rs. 2000 for three months. On 06.01.2013, the bill has been discounted and received Rs. 1,800. On the due date, the bill has been dishonored.
Draw up the journal in the drawer’s books. What would the entry have been had the banker spent Rs. 100 for noting the bill? (March 2014)
Answer:
Journal (in the book of ‘A’)

Question 29.
On 1st June 2013, Sujith accepted three months bill drawn by Sooraj for Rs. 5000. on 5th June, Sooraj discounted the bill with his banker @ 12%. The bill was dishonoured on the due date. (March 2015)
a) Calculate the amount of discount.
b) Identify the drawer and drawee in the above bill transaction.
c) Record the necessary journal entries in the books of the drawee and the drawer.
Answer:
a) Amount of discount = \(5000 \times \frac{12}{100} \times \frac{3}{12}\) = 150
b) Drawer is Sooraj
Drawee is Sujith
c) Journal Entries In the Books of Sooraj

Journal Entries In the Books of Sujith

Question 30.
Ali purchased goods for Rs. 30,000 from Stephen on 1st January 2015. A bill was drawn for three months which was accepted by the drawee and returned to Stephen. On the same day, the bill was discounted with the bank @12%. Pass the entries in the books of the drawer and drawee. (March 2015)
Answer:
Journal Entries (In the book of Stephen)

Journal Entries (In the book of Ali)

Question 31.
Record the following bill transactions druing the month fo March 2014 in the books of drawer and drawee. (Say 2015)

1-3-2012 Anu purchased goods from Sasi for Rs.51,000
1-0-2012 A bill was drawn and accepted fa the above amount
4-3-2012The bill was endorsed to Mrs. Thomas On the due date the bill is honoured.
Answer:
Journal (In the book of Sasi)

Journal (In the book of Anu)

Question 32.
A specimen of a document used in a business is given below. (March 2016)

a) Identify the given document.
b) Write any two difference of the above document with Bill of Exchange.
Answer:
a) Promissory note
b) i) Bill of exchange is drawn by the creditor. But the promissory note is drawn by the debtor.
ii) Bill of exchange contains an order to make payment. But promissory note contains a promise to make payment.

Question 33.
Sajan sold goods for Rs. 8,000 to Roshan on 9th October, 2013 and drew upon him a bill of exchange payable after 2 months. Roshan accepted the bill and returned it to Sajan. Roshan met the bill on maturity date. Pass the journal entries in the books of Sajan under the following situations. (March 2016)
a) Sajan retained the bill till maturity.
b) Sajan discounted the bill with his bank @ 12% p.a. on 9th November, 2013.
Answer:
a) Sajan retained the bill till maturity
Journal (In the book of Sajan)

b) Journal (In the book of Sajan)

Question 34.
When the drawee of the bill of exchange makes the payment before the maturity date of bill it is called _________ (March 2016)
a) dishonour bill
b) discounting of bill
c) retiring of bill
d) renewal of bill
Answer:
c) Retiring of bill

Question 35.
Arun sold goods on credit for Rs. 1,000 to Amal. (March 2016)
a) Who is the debtor in this transaction?
b) Write journal entry on this transaction.
Answer:
a) Amal
b) Amal A/c Dr – 1000
To sales – 1000

Question 36.
On 1st January, 2015 Arya sold goods to Adwaith for Rs. 10,000 and drew a bill of exchange for 3 months. Adwaith accepted the bill.
On 7th February, 2015 Arya discounted the bill with her bank for Rs. 9,800. But on the date of maturity of the bill, Adwaith was unable to make the payment. Pass the journal entries in the books of Arya. (March 2016)
Answer:
Journal Entries in the book of Arya

Question 37.
On 01/01/2015 Sachin sold goods worth Rs.17,000 to Mr. Anand. Anand paid rs.7,000 immediately and for the balance, Sachin drew a bill on Anand payable after three months, which was duly accepted. Sachin discounted the bill with the bank for Rs.9,500. On the due date the bill was dishonored. Pass the entries in the books of Sachin. (Say 2016)
Answer:
Journal entries in the book of Sachin

Question 38.
Anu draws a bill on Achu for Rs.3,000 on 1 st January, 2015 payable after 3 months. Achu accepted and returned the bill to Anu. The bill is discounted by Anu on the same day. (March 2017)
a) Calculate the amount of discount in the following cases.
The bill is discounted for Rs. 2900
The bill is discounted @ 12% p.a.
b) Ascertain the maturity date of the above bill.
Answer:
a) i – Rs. 100
ii – \(3000 \times \frac{12}{100} \times \frac{3}{12}\) = Rs. 90
b) Date of Maturity = April 4th, 2015

Question 39.
Rajeev drew a bill of Rs. 1,20,000 on Sajeev on 1st February, 2015 for 3 months. Immediately after acceptance, Rajeev endorsed the bill to Soman. The bill was met on maturity. Make journal entries in the books of all the parties. (March 2017)
Answer:
Journal Entries (In the book of Rajeev)

Journal Entries (In the book of Sajeev)

Journal Entries (In the book of Soman)

Question 40.
On 1st January, 2016 Arun drew a 3 months bill upon Varun for Rs. 6000. On 3rd January, 2016 Arun discounted the bill with his banker @ 6% per annum. The bill was honoured on the due date. (March 2017)
a) Identify the drawer in the above bill.
b) Record the necessary journal entries in the books of Arun and Varun.
Answer:
a) Drawer – Arun
b) Journal Entries in the book of Arun

Journal Entries in the book of Varun

Kerala State Board New Syllabus Plus One Maths Chapter Wise Previous Questions and Answers Chapter 16 Probability.

Kerala Plus One Maths Chapter Wise Previous Questions Chapter 16 Probability

Plus One Maths Probability 3 Marks Important Questions

Question 1.
(i) If \(\frac{2}{11} \) is the probability of an event A, then what is the probability of the event ‘not A’? (MARCH-2011)
(ii) If P(A) = \(\frac{3}{5} \) and P(B) = \(\frac{1}{5} \) , then find P(A∪B), if A and B are mutually exclusive events.
(iii) A coin is tossed twice. What is the probability that atleast one tail occurs?
Answer:

Question 2.
A bag contains 9 balls of which 4 are red, 3 are blue and 2 are yellow. The balls are similar in shape and size. A ball is drawn at random from the bag. Calculate the probability that the ball drawn will be (MARCH-2013)
(i) Red.
(ii) Not yellow.
(iii) Either red or yellow.
Answer:
(i) P (Red) = \(\frac{4}{9} \)
(ii) P(No yellow) \(\frac{7}{9} \)
(iii) P(Either red or yellow) = \(\frac{4+2}{9}=\frac{6}{9}=\frac{2}{3}\)

Question 3.
A and B are two events in a random experiment such that \(P(A)=\frac{1}{3} ; P(B)=\frac{1}{5} ; P(A \cup B)=\frac{7}{15}\) (IMP-2014)
(i) Find P(A∩B)
(ii) Find P(A’)
Answer:

Question 4.
(i) The probability of a sure event is ……… (IMP-2014)
(ii) Two dice are thrown together. What is the probability that the sum of the numbers on the two faces is 8?
Answer:
(i) 1
(ii) A = {(2,6),(3,5),(4,4),(5,3),(6,2)}
\(P(A)=\frac{5}{36}\)

Question 5.
If A and B are two events such that P(A) = 0.42, P(B) = 0.48 andP(yinS) = 0.16 then, find: (IMP-2014)
(i) P(not A)
(ii) P(not B)
(iii) P(A∪B)
Answer:
(i) P(not A) = P(A’) = 1-P(A) = 1-0.42=0.58
(ii) P(not B) = P(B’) -1 -P(B) = 1 -0.48=0.52
(iii) P(A∪B) = P(A) + P(B)-P(A∩B)
= 0.42 + 0.48-0.16 = 0.74

Plus One Maths Probability 4 Marks Important Questions

Question 1.
Two students A and B appeared in an examination. The probability that A passes the examination is 0.25 and that B passes is 0.45. Also the probability that both will pass is 0.1. Find the probability that: (MARCH-2010)
i) Both will not pass.
ii) Only one of them will pass.
Answer:

Question 2.
If M and N are events such that: (IMP-2010)

Find
i) P(M or N)
ii) P(not M and not N)
(Imp (Science) – 2010)
Answer:

Question 3.
A and B are two events associated with (MARCH-2013)
i) a random experiment such that P(A) = 0.3, P(B) = 0.4 and P(A∪B) = 0.5
a) Find P(A∩B)
b) Find P(A’∪B’)
ii) A coin is tossed twice. What is the probability that at least one tail occurs?
Answer:

Question 4.
If A and B are two events in a random (IMP-2013)
experiment, then P(A) + P(B)-P(A∩B) = ……….
ii) Given P(A) = 0.5, P(B) = 0.6 and P(A∩B)=03. Find P(A∪B) and P(A’)
iii) Two dice are thrown simultaneously.
Find the probability of getting a doublet.
Answer:

Question 5.
The probability that Ramu pass the examination in both Mathematics and Physics is 0.5, the probability of passing neither Mathematics nor Physics is 0.1, the probability of passing Mathematics is 0.75 (MARCH-2014)
i) What is the probability of passing Mathematics or Physics?
ii) What is probability of passing Physics?
Answer:

Question 6.
If A and B are two events such that (MARCH-2014)

then find;
4 2 8
i) P(A’)
ii) P(A∪B)
iii) P(A∩B)
Answer:

Question 7.
The number of outcomes in the sample space of the random experiment of throwing two dice is… (MARCH-2015)
a) 6³
b)6
c) 6²
d)12
ii) Two students, Anil and Ashima appeared in an examination. The probability that Anil will qualify the examination is 0.05
Answer:
i) 6²

Question 8.
i) If A and B are mutually exclusive and exhaustive events then
P(A) + P(B) = ……….. (IMP-2015)
a) 0
b) 1
c) 1/2
d) 2
ii) Two students A and B appeared in an examination. The probability that A will qualify the examination is 0.25 and B will qualify is 0.45 and both will qualify the examination is 0.1. Find the probability that: (IMP-2015)
a) Both A and B will not qualify the examination.
b) One of them will qualify the examination.
Answer:
i) b) 1

Question 9.
i) In a random experiment, 6 coins are tossed simultaneously. Write the number of sample points in the sample space. (MARCH-2016)
(a) 2² 
(b) 2⁴
(c) 2⁶
(d) 2⁵
ii) Given that P(A) = 0.5, P(B) = 0.6,
P(A∩B) = 0.3
Find P(A’),P(A∪B),P(A’∩B’) and P(A’∪B’)
Answer:

Question 10.
i) If P(A’) = 0.8 .write the value of P(A). (SAY-2017)
ii) In a class of 60 students; 30 selected for NCC, 32 selected for NSS and 24 selected for both NCC and NSS. If one of these students is selected at random, find the probability that:
a) the students selected for NCC or NSS.
b) the students has selected neither NCC nor NSS.
Answer:

Plus One Maths Probability 6 Marks Important Questions

Question 1.
Two dice are thrown. Let A be an event to get an even number on first die and B be an event to get sum of the numbers obtained on two dice is 8. (IMP-2011)
i) Write the sample space.
ii) Write the outcomes favorable to the event A, the event B.
iii) Find P(A or B).
Answer:

Question 2.
A box contains 6 red, 5 blue and 4 green balls. 3 balls are drawn from the box. Find the probability that (IMP-2011)
i) All are blue.
ii) All balls are either red or blue.
iii) Atleast one green ball.
Answer:

Question 3.
i) A coin is drawn repeatedly until a tail comes up. What is the sample space (IMP-2012)
a) no head
b) exactly one head.
c) atleast one head.
d) atleast two heads.
Answer:

Question 4.
If E and F are two events such that (IMP-2012)

find
i) P(E);P(F)
ii) P(E or F)
iii) P(not E and not F)
Answer:

Question 5.
John and Mary appeared in an examination. The probability that John will qualify the examination is 0.05 and that Mary will qualify the examination is 0.10. The probability that both will qualify is 0.02. Find the probability that (MARCH – 2012)
i) John or Mary qualifies the examination.
ii) Both John and Mary will not qualify the examination.
iii) Atleast one of them will not qualify the examination.
Answer:

Question 6.
In a class of 60 students, 30 opted for NCC, 32 opted for NSS and 24 opted for both NCC and NSS. If one of these students is selected at random, find: (MARCH – 2012)
i) The probability that the student opted for NCC or NSS.
ii) The probability that the student has opted for exactly one of NCC or NSS.
Answer:
i) Let the events be defined as A – NCC and B – NSS

Question 7.
i) A coin is tossed repeatedly until a head comes up. Write the sample space,
ii) If A and B are two events in a random experiment, then (MARCH – 2014)
P(A∪B) = P(A) + P{B) – …………
iii)

Find P(not A and not B).
iv) A bag contains 9 discs of which 4 are red, 3 are blue and 2 are yellow. A disc is drawn at random from the bag. Calculate the probability that it will be
a) Red.
b) Not yellow.

Answer:

Question 8.
Match the following: (MARCH-2017)
i)

ii) Two dice are thrown at random. Find the probability of
a) Getting a doublet.
b) Getting sum of the numbers on the
dice 8.
Answer:

Kerala State Board New Syllabus Plus One Maths Chapter Wise Previous Questions and Answers Chapter 15 Statistics.

Kerala Plus One Maths Chapter Wise Previous Questions Chapter 15 Statistics

Plus One Maths Statistics 3 Marks Important Questions

Question 1.
Consider the numbers 4,7,8,9,10,12,13,17 (MARCH-2010)
i) Find the mean of the numbers.
ii) Find the mean deviation about the mean.
iii) Find the standard deviation.
Answer:

Question 2.
Consider the following data; 35,49,30,32,50,41,34,45,36 (MARCH-2013)
i) Find its median.
ii) Find its mean deviation about median
Answer:
i) 30, 32, 34, 35, 36, 41, 45, 49, 50
Median is the 5th observation when the data is arranged in ascending order. Hence median = 36
ii)

Question 3.
The mean and standard deviation of marks obtained by 50 students of 50 students in a class in two subjects mathematics are given below:  (IMP-2014)

Which one of the subject shows highest variability in marks? Why?
Answer:

Thus Accountancy with highest CV shows highest variability and Mathematics with lowest CV shows lowest variability.

Plus One Maths Statistics 4 Marks Important Questions

Question 1.
A public Opinion polling agency surveyed 200 government employees. The following table shows the ages of the employees interviewed: (MARCH-2011)

i) Calculate the mean age of the employees interview.
ii) Compute the mean deviation of the ages about the mean age.
Answer:

Question 2.
Consider the following frequency table. (IMP-2011)

i) Find the mean.
ii) Find the mean deviation about mean.
Answer:

Question 3.
Consider the following data in respect of marks of 50 students in Mathematics and Physics. (IMP-2011)

i) Find coefficient of variation of Mathematics and Physics.
ii) Which subject shows more variability?
iii) Which subject shows more consistent?
Answer:

ii) Greater CV more variability; therefore Mathematics is more variable than Physics.
iii) Less CV more consistent, therefore Physics is more consistent.

Question 4.
Find the Standard deviation for the following data: (IMP-2012)

Answer:

Question 5.
Consider the frequency distribution. (MARCH-2013)

i) Find the mean.
ii) Calculate the variance and the standard deviation.
Answer:
i)


ii)

Question 6.
Consider the frequency distribution. (MARCH-2013)

i) Find the mean.
ii) Calculate the variance and standard deviation.
Answer:
i)

ii)

Question 7.
Consider the following frequency table (MARCH-2014)

i) Find the mean.
ii) Find the mean deviation about the mean.
Answer:

Question 8.
Find the standard deviation of the data: (IMP-2014)

Answer:

Plus One Maths Statistics 6 Marks Important Questions

Question 1.
The scores of two batsmen A and B in 5 innings during a certain match are as follows: (IMP-2010)

Find:
i) Mean score of each batsman.
ii) Standard deviation of the scores of each batsman.
iii) Which of the batsman is more consistent?
Answer:

Question 2.
Calculate mean, variance and standard deviation for the following distribution. (IMP-2012)

Answer:

Standard Deviation = √20100 = 141.8

Question 3.
Calculate the median and Mean deviation about median for the following data. (IMP-2012)

Answer:

Median class is the class in which the \(\left(\frac{50}{2}=25\right)^{t h}\) observation lies. Therefore median class is 20 – 30.

Question 4.
Consider the following distribution; (MARCH-2012)

i) Calculate the mean of the distribution.
ii) Calculate the standard deviation of the distribution.
Answer:
i)

ii)

Question 5.
Consider the following distribution. (IMP-2012)

i) Find the mean.
ii) Find the standard deviation.
iii) Find the coefficient of variation of marks.
Answer:
i)

ii)


iii)

Question 6.
Consider the frequency distribution (MARCH-2014)

i) Find the mean.
ii) Calculate the variance and the standard deviation.
Answer:
i)

ii)

Question 7.
i) If \(overline { x }\) is the mean and a is the standard deviation of a distribution, then the coefficient of variation is ……… (MARCH-2015)
a) \(\frac{\bar{x}}{\sigma} \times 100\)
b) \(\frac{\sigma}{\bar{x}}\)
c) \(\frac{\sigma}{\bar{x}} \times 100\)
d) \(\frac{\bar{x}}{\sigma} \times 50\)
ii) Find the standard deviation for the following data:

Answer:
i)
\(\frac{\bar{x}}{\sigma} \times 100\)
ii)

Question 8.
i) The sum of all the deviations of the observations of a data from its A.M. is …………. (IMP-2013)
a) Zero
b) Maximum
c) Minimum
d) Negative number
ii) Calculate the Mean. Variance and Standard deviations of the following frequency distribution.

Answer:
i) a) zero
ii)

Question 9.
i) Suppose the mean of certain number of observation is 50 and the sum of all the observations is 450. Write down the number of observations (MARCH-2016)
ii) Find the mean deviation about mean for the following data:

Answer:

Question 10.
i) If the variance of a certain distribution is 8, write its standard deviation. (MAY-2017)
ii) Find the mean, standard deviation and coefficient of variation for the following frequency distribution.

Answer:
i) √8
ii)

Question 11.
i) Find the variance for the observations 2,4,6,8 and 10. (MARCH-2017)
ii) Consider the frequency distribution

Answer:
i)

ii)

Kerala State Board New Syllabus Plus One Maths Chapter Wise Previous Questions and Answers Chapter 14 Mathematical Reasoning.

Kerala Plus One Maths Chapter Wise Previous Questions Chapter 14 Mathematical Reasoning

Plus One Maths Mathematical Reasoning 3 Marks Important Questions

Question 1.
i) Write the converse of the statement. (IMP-2010)
p: If a divides b then b is a multiple of a.
ii) Consider the compound statement,
p: 2 + 2 is equal to 4 or 6
1) Write the component statements.
2) Is the compound statement true? Why?
Answer:
i) Converse statement is “If a is a multiple of b then a divides b.”
ii) 1) q: 2+2 is equal to 4
r. 2+2 is equal to 6.
2) q is true and r is false, so p is true.

Question 2.
Verify by method of contradiction p. √2 is irrational. (IMP-2012)
Answer:
Assume that √2 is rational. Then can be written in the form √2 = \(\frac { p }{ q }\) , where p and q are integers without common factors.
Squaring; 2 = \(\frac { p² }{ q² }\)
=> 2q² = p²
=> 2 divides p² => 2 divides p
Therefore, p = 2k for some integer k.
=> p² = 4k²
=> 2q² = 4k²
=> q² = 2k²
=> 2 divides q² => 2 divides q
Hence p and g have common factor 2, which
contradicts our assumption. Therefore, √2 is irrational.

Question 3.
i) Write the negation of the following . statement, ‘Every natural number is an integer’. (MARCH-2013)
ii) Write the contrapositive and converse of the following statement, ‘If x is a prime number, then x is odd ’.
Answer:
Negation of the statement is ‘Every natural ’ number is not an integer’,
ii) The contrapositive statement, ‘If x is not odd, then x is not a prime number.’
The converse of the statement, ‘If x is odd, then x is a prime number’.

Question 4.
i) Write the component statement of the  following statement: “All rational
numbers are real and all real numbers are complex. (IMP-2014)
ii) Write the contrapositive and converse
of the following statement: ‘If a number is divisible by 9, then it is divisible by 3.’
(Imp (Commerce) – 2014)
Answer:
i) p: All rational numbers are real,
q: All real numbers are complex,
ii) Contrapositive:
If a number is not divisible by 3, it is not divisible by 9.
Converse:
If a number is divisible by 3 then it is divisible by 9.

Question 5.
i) Write the negation of the statement: the sum of 3 and 4 is 9. (IMP-2014)
ii) Write the component statements of ‘Chandigarh is the capital of Haryana and Uttar Pradesh.’
iii) Write the converse of the statement: ‘If a number n is even, then n² is even.’
Answer:
i) Negation: ‘The sum of 3 and 4 is not equal to 9.’
ii) p: Chandigarh is the capital of Haryana.
q: Chandigarh is the capital of Uttar Pradesh.
iii) Converse: If a number n² is even then n is even.

Plus One Maths Mathematical Reasoning 4 Marks Important Questions

Question 1.
i) Write the negation of the statement.“Both the diagonals of a rectangle have the same length.” (MARCH-2013)
ii) Prove the statement, “Product of two odd integers is odd,” by proving its contrapositive.
Answer:
i) “Both the diagonals of a rectangle do not have the same length.”
ii) Let us name the statements as below p: ab is odd. q: a, b is odd.
We have to check p => q is true or not, that is by checking its contrapositive statement
~ q =>~ p
~ q: ab is even.
Let a and b be two even numbers. Then, a = 2n and b = 2m, where m and n are any integer.
a x b = 2n(2m) = 4 nm
Then product of a and b is even. That is ~ p is true. Hence by the contrapositive principle we say that “Product of two odd integers is odd,”

Question 2.
Consider the compound statement “ √5 is a rational number or irrational number”. (IMP-2011)
i) Write the component statements of
above and check whether these component statements are true or false.
ii) Check whether the compound statement is true or false.
(Imp (Commerce) – 2011)
Answer:
i) The component statements are
p: √5 is a rational number
q: √5 irrational number.
Here p is false and q is true,
ii) In this compound statement “or” is exclusive, p is false and q is true and therefore compound statement is true.

Question 3.
i) Write the converse of the statement: “If a number n is even, then n² is even” (MARCH-2011)
ii) Verify by method of contradiction: “ √2 is irrational”.
Answer:
i) “If n² is even, then n is even”
ii) Assume that √2 is rational. Then √2 can
be written in the form √2=\(\frac { p }{ q }\), where p and q are integers without common factors.
Squaring; 2 = \(\frac { p² }{ q² }\)
=> 2q²= p²
=> 2 divides p² => 2 divides p
Therefore, p = 2k tot some integer k.
=> p² = 4k²
=> 2q² = 4k²
=> q² = 2k²
=> 2 divides
q² => 2 divides q
Hence p and g have common factor 2, which contradicts our assumption.
Therefore, √2 is irrational.

Question 4.
Which of the following sentences are statements? Give reason for your answer. (IMP-2012)
a) The cube of a natural number is an odd number.
b) The product of (- 4) and (- 5) is 20.
Write the negation of the following statements and check whether the resulting statements are true.
a) √2 is rational.
b) Every natural number is greater than zero.
Answer:
a) This sentence is a statement. Since for a particular natural number it is true
and for other it is false. (1)³ = 1 and 2³ = 8
b) This sentence is a statement. Since the product is always 20 and true.
a) √2 is not rational. The negation statement is true.
b) Every natural number is not greater than zero. The negation statement is false.

Question 5.
Consider the statement, “If x is an integer and x² is even, then x is also even.” (MARCH-2012)
i) Write the converse of the statement.
ii) Prove the statement by the contra-positive method.
Answer:
i) Converse of the statement is “If x is an even number, then x is an integer and x² is even.”
ii) The contrapositive of a statement p => q is the statement ~ q => ~ p .
The contrapositive statement is “If x is an odd integer, then x² is odd.”
Let x is an odd number.
Then x= 2n+1
x² =(2n+1)² =4n² +4n+1
= 4(n² +n)+1
Which is odd.
ie; if q is not true then p is not true.

Question 6.
i) Write the negation of the following statement: “All triangles are not equilateral triangles”. (MARCH-2013)
ii) Verify by the method of contradiction. p:√7 is irrational.
Answer:
i) All triangles are equilateral triangles
ii) Assume that is rational. Then √7 can be written in the form√7 =\(\frac { p }{ q }\), where p and q are integers without common factors.
Squaring; 7 = \(\frac { p² }{ q² }\)
=> 7q² = p²
=> 7 divides p² => 7 divides p
Therefore, p = 7k tot some integer k.
=>p² = 49k²
7q² = 49k²
=>q² = 7k²
=>7 divides q² =>7 dividesq
Hence p and q have common factor 7, which contradicts our assumption.
Therefore, √7 is irrational.

Question 7.
i) Write the contrapositive of the statement. “If x is a prime number, then x is odd.” (IMP-2013)
ii) Verify by the method of contradiction p : √5 is irrational.
Answer:
i) Contrapositive statement is “If x is not odd, then x is not prime number.”
ii) Assume that √5 is rational. Then √5 can be written in the form √5 = \(\frac { p }{ q }\), where p and q are integers without common factors.
=> 5q² = p²
=> 5 divides p²=> 5 divides p
Therefore, p = 5k for some integer k.
=>p² = 25k²
=> 5q² = 25k²
=> q² = 5k²
=> 5 divide q² => 5 divides q
Hence p and g have common factor 5, which contradicts our assumption.
Therefore, √5 is irrational.

Question 8.
i) Write the negation of the following statement : “ √5 is not a complex number.” (MARCH-2014)
ii) Verify using the method of contradiction:
“p: √2 is irrational number.”
Answer:
i) Negation statement:” √5 is a complex number.”
ii) Assume that √2 is rational. Then √2 can
be written in the form √2=\(\frac { p }{ q }\), where p and q are integers without common factors.
Squaring; 2 = \(\frac { p² }{ q² }\)
=> 2q²= p²
=> 2 divides p² => 2 divides p
Therefore, p = 2k tot some integer k.
=> p² = 4k²
=> 2q² = 4k²
=> q² = 2k²
=> 2 divides
q² => 2 divides q
Hence p and g have common factor 2, which contradicts our assumption.
Therefore, √2 is irrational.

Question 9.
i) Write the negation of the statement: “√7 is rational.”  (MARCH-2015)
ii) Prove that“√7 is rational.” by the method of contradiction.
(March – 2015)
Answer:
i) Negation is : “ √7 is not rational.”
ii) Assume that is rational. Then √7 can be written in the form√7 =\(\frac { p }{ q }\), where p and q are integers without common factors.
Squaring; 7 = \(\frac { p² }{ q² }\)
=> 7q² = p²
=> 7 divides p² => 7 divides p
Therefore, p = 7k tot some integer k.
=>p² = 49k²
7q² = 49k²
=>q² = 7k²
=>7 divides q² =>7 dividesq
Hence p and q have common factor 7, which contradicts our assumption.
Therefore, √7 is irrational.

Question 10.
i) Which of the following is the contrapositive of the statement (IMP-2015)
a) q => p
b) ~ p =>~ q
c) ~ q =>~ p
d) p =>~ q
ii) Prove by contrapositive method. “If x is an integer and x² is even then x is also even.”
(Imp-2015)
Answer:
i) c) ~ q =>~ p
ii) The contrapositive of a statement p => q is the statement ~ q => ~ p .
The contrapositive statement is “If x is an odd integer, then x² is odd.”
Let x is an odd number.
Then x= 2n+1
x² =(2n+1)² =4n² +4n+1
= 4(n² +n)+1
Which is odd.
ie; if q is not true then p is not true.

Question 11.
i) Write the negation of the statement: “Every natural number is greater than zero.” (MARCH-2016)
ii) Verify by the method of contradiction: “P: √13 is irrational.”
Answer:
i) Negation of the statement: “It is false that every natural number is greater than zero.”
ii) Assume that √13 is rational. Then √13 can be written in the form √13 = \(\frac { p }{ q }\) ,
where p and q are integers without common factors.
Squaring; 13 = \(\frac { p² }{ q² }\)
=>13q² = p²
=>13 divides p² => 13 divides p
Therefore, p = 13k for some integer k.
=> p² = 169k²
=> 13q² = 169k²
q²= 13k²
=>13 divides q²
=> 13 divides q
Hence p and q have common factor 13, which contradicts our assumption.
Therefore, √13 is irrational.

Question 12.
i) Write the negation of the statement
“ √2 is not a complex number.”
ii) Prove by the method of contradiction,
P: √11 is irrational.”
Answer:
i) “√2 is a complex number.”
ii) Assume that √11 is rational. Then √11 can be written in the form√11 = \(\frac { p }{ q }\),
where p and q are integers without common factors.
Squaring; 11 = \(\frac { p² }{ q² }\)
=> 11q² =p²
=> 11 divides p² => 11 divides p
Therefore, p =11k for some integer k.
=>p² =121 k²
=>11q² = 121k²
=> q² = 11k²
=> 11 divides q² => 11 divides q
Hence p and q have common factor 11, which contradicts our assumption. Therefore,
√11 is irrational.

Question 13.
i) Write the contrapositive of the statement “If a number is divisible by 9, then it is divisible by 3.”
ii) Prove by the method of contradiction.
“P: √5 is irrational.”
Answer:
i) “If a number is not divisible by 9, then it is not divisible by 3.”
ii) Assume that √5 is rational. Then √5 can be written in the form √5 = \(\frac { p }{ q }\), where p and q are integers without common factors.
=> 5q² = p²
=> 5 divides p²
=> 5 divides p
Therefore, p = 5k for some integer k.
=>p² = 25k²
=> 5q² = 25k²
=> q² = 5k²
=> 5 divide q² => 5 divides q
Hence p and g have common factor 5, which contradicts our assumption.
Therefore, √5 is irrational.

Kerala State Board New Syllabus Plus One Maths Chapter Wise Previous Questions and Answers Chapter 13 Limits and Derivatives.

Kerala Plus One Maths Chapter Wise Previous Questions Chapter 13 Limits and Derivatives

Plus One Maths Limits and Derivatives 3 Marks Important Questions

Free Derivative Calculator helps you to find the differentiation of the given function, with steps shown.

Question 1.
Find the derivative of y = tan x from first principles. (MARCH-2010)
Answer:

Question 2.
Choose the most appropriate answer from those given in the bracket (IMP-2010)

Answer:

Question 3.

(IMP-2010)
Answer:

Question 4.
Using the first principle of derivatives, find the derivatives of \(\frac { 1 }{ x }\) (MARCH-2011)
Answer:

Question 5.
Using the quotient rule find the derivative mof f(x) = cot x (MARCH-2011)
Answer:

Question 6.
Find the derivatives of the following: (MARCH-2011)

Answer:

Question 7.
Prove that (MARCH-2012)

Answer:

Question 8.
Find the derivative of y = cotx from first principles. (MARCH-2012)
Answer:

Question 9.
i) The value of \(\lim _{x \rightarrow 0} \frac{\sin x}{x}\) (MARCH-2013)
ii) Evaluate \(\lim _{x \rightarrow 0} \frac{\sin 4 x}{3 x}\)
Answer:
i) 1
ii)

Question 10.
i) The value of \(\lim _{x \rightarrow a} \frac{x^{n}-a^{n}}{x-a}\) (MARCH-2013)
ii) Evaluate \lim _{x \rightarrow 1} \frac{x^{15}-1}{x^{10}-1}
Answer:

Question 11.
Find the derivative of f(x) = sin x from the first principle. (MARCH-2013)
Answer:

Question 12.
Find the derivative of \(\frac{x+\cos x}{\tan x}\) (MARCH-2014)
Answer:

Question 13.
Find the derivatives of f(x) = sinx using the first principle. (MARCH-2014)
Answer:

Question 14.
Find the derivative of \(\frac{x^{5}-\cos x}{\sin x}\) using the quotient rule. (MARCH-2014)
Answer:

Question 15.
Using the first principle, find the derivative of cosx . (IMP-2011)
Answer:

Question 16.
Find the derivative of \(\frac{\cos x}{2 x+3}\) (IMP-2012)
Answer:

Plus One Maths Limits and Derivatives 4 Marks Important Questions

Question 1.
Evaluate (MARCH-2010)

Answer:

Question 2.
(MARCH-2011)
Answer:

Question 3.
Compute the derivative of sec x with respect to x from first principle. (IMP-2010)
Answer:

Question 4.
Find \(\lim _{x \rightarrow 2} \frac{x^{4}-4 x^{2}}{x^{2}-4}\) (IMP-2011)
ii) If y = sin 2x .Prove that \(\frac{d y}{d x}=\) = 2cos2x
Answer:

Question 5.

(IMP-2011)
Answer:

Question 6.
Find the derivative of y = cosec x from first principle. (IMP-2012)
Answer:

Question 7.
Find the derivative of y = cosec x from first principle. (IMP-2012)
Answer:

Question 8.
Find the derivative of \(\frac{x+1}{x-1}\) from first principle (IMP-2013)
Answer:

Question 9.
i) The value of \(\lim _{x \rightarrow 0} \frac{\sin 5 x}{5 x}\) (MARCH-2014)
ii) Evaluate \(\lim _{x \rightarrow 0} \frac{\sin a x}{\sin b x}, a, b \neq 0\)
Answer:
i) 1
ii)

Plus One Maths Limits and Derivatives 6 Marks Important Questions

Question 1.
Find the derivative of \(\frac{1}{x}\) from first principle. (IMP-2010)
Find the derivative of
(ax + b)ⁿ (ax + c)^m
Answer:

Question 2.
i) Find \(\lim _{x \rightarrow-2} \frac{x^{2}+5 x+6}{x^{2}+3 x+2}\) (IMP-2011)
ii) Find f ‘(x) given f(x) = \(\frac{x^{2}+5 x+6}{x^{2}+3 x+2}\)
Answer:

Question 3.
i) Evaluate \(\lim _{x \rightarrow 3}\left(\frac{x^{3}-27}{x^{2}-9}\right)\) (MARCH-2012)
ii) Evaluate \(\lim _{x \rightarrow 0} \frac{\tan x-\sin x}{\sin ^{3} x}\)
Answer:

Question 4.
i) Evaluate \(\lim _{x \rightarrow 0} \frac{\sin 5 x}{\sin 3 x}\) (MARCH-2013)
ii) Find the derivate of y = cosx from the first principle.
Answer:
i)

ii)

Question 5.
i) Find the derivative of \(\frac{\sin x}{x+\cos x}\) (MARCH-2014)
ii) Match the following:

Answer:

Question 6.
i) \(\frac{d}{d x}(\tan x)\) = ……… (IMP-2014)
ii) Find the derivative of 3 tan x + 5 sec x
iii) Find the derivative of /(x) = (x² + 1)sinx
Answer:

Question 7.
i) Match the following (MARCH-2015)

ii) Find the derivative of tanx using first principle.
Answer:

Question 8.
i) Match the following: (MARCH-2015)

ii)

Answer:

Question 9.

iii) Using first principles, find the derivative of cos x. (IMP-2015)
Answer:

iii)

Question 10.
i) Derivative of x² – 2 at x = 10 is (IMP-2016)
a) 10
b) 20
c) -10
d) -20

Answer:

Question 11.
i) \(\frac{d}{d x}\left(\frac{x^{n}}{n}\right)\) = ………… (MARCH-2016)
ii) Differentiate \(y=\frac{\sin x}{x+1}\) with respect to x
iii) Use first principles, find the derivative of cosx.
Answer:

iii)

Question 12.
i) \(\frac{d}{d x}(-\sin x)\) = ………….. (MARCH-2016)
ii) Find\(\frac{d y}{d x}\) if \(y=\frac{a}{x^{4}}-\frac{b}{x^{2}}+\cos x\) where a, b are constants.
iii) Using first principles, find the derivative of sinx.
Answer:

iii)

Question 14.

iii) Using the first principle, find the derivative of cosx (MAY-2017)
Answer:

iii)

Question 15.

(MARCH-2017)
Answer:
i) cos x
ii)

iii)

Question 16.
i) \(\lim _{x \rightarrow 0} \frac{e^{\sin x}-1}{x}=\) …….(MARCH-2017)
a) 0
b) 1
c) 2
d) 3
ii) Find
\(\lim _{x \rightarrow 0} \frac{\sqrt{1+x}-1}{x}\)
iii) Find the derivative of f(x) = sin x by using first principal.
Answer:
i) b) 1
ii)

iii)