DAV PUBLIC SCHOOL, SARABHA NAGAR EXTENSION,PAKHOWAL ROAD, LUDHIANA

Summgr flolidaqs' flomg Work

CI"'CI65-X[ Commsres

Subiect: Economics

1. Projecr Work Students are supposed to prepare a project ielort on statistical

(a) Couection ofData (d) Analysis ofDara(b) Classification of Daia (e) Iderpretation OfDala(c) Presentation of DataStudents may opt gIX of the following topics:(a) Consumer Awareness amons Households(b) Demogaphic Structure of a Neishbourhood(c) Chansins pnces of any product(d) Study ofa CoopeFiive inslitulion

Subiect: Accountancy

Numericals based on ihe topics covcred in the class after May Unit Tes! and before

Subiect: Business Studies

Case Srudies based on the lopics covered in the class after May Unir Test and

5e55lON -2016-l

ACC OONf ANCY

I. h CapnrlAccount r PaEonal or ReaLA..onnr drlrl?2. Shre one situh.n r'lr.tr aapibl Ac.ount G Debncd nl ore lilnatinn nLrcn

crptrxl Accoul is Credned

J U i 14oc i.,.!r8.,..-.1aa4r:. A.ronr''.,.rl. No accouol h oFencd iir rhe naN olthe ProPrielor nr Ih hn'[r 'frt ti'r

6, lld.bts \tnlen oilis bd are recove,td sDbsequ.nrll n should be o?dihd Lo

D(blo6 Accoona. Do lou r!rce1

NU N,R\LAL Qu€sI]oNS6, Joumalise the fouorving transaclions

l. Purchas.d . Moror Cir ror a60,000 and paid 15,000 for irs ftpair ad rtnelal

I coods wonh ?2.000 **e disEibur.d 6 aee samples

a Cha*edoprciatioi oD MororC.r 16,500

s R.nr duc o L'ndlord I L000 Dd Salary du. ro cl.*s 13,000

6 Ch se iftEn onc.piral rj007 aT50dEn n Sanj.y GuCra ar. bid debb3 Goods lodr a5,000 \de deisled bY tut9 csh i5o0asd

'oods trodh 12.000 (*e $olen hv an emplovce.

4 . Jonr lise the folloving lransa.lions :

(r) Boughr goods rron Arun ror a2,00,000 at r ftde dncounl ol l5% rnd 'rsh

discou'ol2%. P.nl 309'" mounr iinmedntlY.

(r0 lurchrsd goods lor 120,000 tom -! dd sulplied n o I lor '26,000'(/O Cash lirhdmm nom bank 15.000lorpenomluscaid

'25,000 roroficeuse'

(n) Goods dstoy.d by lirc : cosi PLice 410,000

(v) tuovide 20% deprcciarion on machinery.oning iS0,l)00

(..rOu or n.u.tr.'Did'i' \'r.' 0r0i 'er'dro. { 'r, l,x, { oa ,5 000

ftomhim i, ruLl *tlemm.{tr) Pdd In.ome T.x 1c.000 and ceniEl s.ks'td 16,000

(r) Sala!. pad (3,000mdSolar) Ouauodiigi2,000

I Enter the follo*ing h$aclions i. the Joutul of Sh. Atu Govil :

June l Sh A n Co\ il paid nno bank tr cipiial 16,00.000.

Juic i Purchsed goo ds from Muk*h of the list piice ol r:,00 000 ai I O% tade dis'd r r:l

,une 4 O!. roMh olthe above loods Etum.d ro Muk*h lor nor being uPto specinldi('

,ure 6 Isued a cheqne b Mukesh fo' &e anounr due to him afrs deducti.g 2% ^ !:

rre 7 wirhd..Lyllombanl az.50.000 forofi.e u$ md l10.000lorpeEonalus

-:,r l0 Purchased !nrchinery lor 11,00,000andsp.nt15,000oniki6ra11atiod P.ymenllor ma.hinery

"?s mad. by dreque and insulLarioi exprnses rtE p d in.rsh

r rl sold goods lor r 1,00,000 ro An .

,r:lAmar.leareh*3..ourbyEivi'€a.hequeoll93,500.ChequeEim'ned'aielysenr

: lj Purchased shrionery lorpqsonaLue 1200 md lor ofiice us a500

a. D' -or1,tt .r e. ror Je I to! ire i.i J ,ions: _

I Proude deorcciaion on Fuhnue a500 ard on M3chinery a1,000r ReEiveacash at,000 torbad-debr rruenolllan]e(:l AF) SDEh \.s dedled banlopr He oqed 12,500 ro N. Norhi4 .ould br

m.ovcied iamhis enar.

5 lurch3rdnmnurero. 16,000lor&.propieiorr6dpaidlhesmouDtbyc|equr.6. fnvidc 9% imersr on.apibl mou in! b l],00,0007 Chaqe iiie,r$ o, dft\incs tt,000

'an:, lo'd 'i< 0001

10, Pas joumal enties ror the following :

. P i l".dAooo o " t0000ra o.n,:0, io ' rr.r ,c-Jan. r0 Purh ed ma.hircry tor cash a50,000 rnd spc4 a50o for irs .xniaee.Jan rj Prid t20,000 tor lmb lod a5.000 a. \aqs for fi.,

.rin l7 PrdrsdmoLdmchi,rtytor120,000sndspenil2,j00onibilmedjleEpajFl:n.20 P.id a 500 lor rcpanins some orher machLioy.

lAns, roral al,r8.700lll, Jourmlise the lol lowine rresacrions oitnj Kurd, a rinberne(hol:_r purhs.drimbqlromKuldeepKuh,rlorcsh12,000md.ndirat00o0r Piid 1o nuldepl<umri,r tull selrLemenr oahis a(ounr a9j9s0.r P.id reni in adr"nce t130r Puchasd Dadin.r,v for ,00,000 b), ch.qu! and cdrias. ?2,000 sid jnn.lhlon

charss ir.000 0.id i'r Gshj purhsed cood; ror 150,000 tum Govind ad JolJ ir ro Ma.ohar rirr .6j ooo

1-. Pa$ rohal en'des lor lle follorine tunsadions :

I P!rh6.dMrhinerylor120,000ddpaida200fornscmagemx in rull snlohenr olhis rccouni of t5,000

c h.qR rA imD.dift lr' de posne d inro ha'I.I Re.e'ved r ll^r rd fiialpaybcn!0160 prise ina I lmm lpho o\td us 110.000r. sold goods ro z for 110,000 ar a rad. dis.oui! ol20%. Nexl day a cheque *?s

rc.eived non hito lnd dedu.ting 59i .ash discounr Cl.que *.s iDned6rly

j Coo& coiiDs 420,000 sold ro Manoj al 3 protft or20% on.o! res 10% rlde

ir_ lounalisc rhe aollos,.g tansaclnis :

I Goods aor150,000rsedesoyedbytireI Coodsuonh ll3,000rdedisdbu€dtr teesmpksand 120,000*.rsivcirLyry

i Ooods NonLr 425.000 Dd msh a40j000 rv.re bk i aey by lhe pmprieror fo' hr

l Goods wonn 110,000 d c6h a5,000qcrc given a{ay 6 durilyi C6ri r 1.00,000 $qe *olen lrcn rhe rmn saae or rle tud.r

r( Jourorn.ihelonoNhg i! rhe b@ks orMh susL,r& Bros. and pGr theE inb hdBa!

*oarI 0. sd ? 3 @0 | s\am ro ).6 e0:

&{ht sds iom shrafu{sd,imK'$ai

^$dNdhydE&F.mEdiM}9ebicerye

r5 rhe ronflins hslorc4 veE en4c

C4'TR)AL BAL,,"

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nomh as his sar y. on seekends, Mi Bhuya. so€s ro nearby village,od raches soneslu-.hildreni he does,ot charge anyrhing rrom thr,, h. do.s n our of synp{hy rndconce.n for p..r.hildr€.. Thk gives hih menral and psychological s,rlfacrion.(a) working as cA i. , MNC refes .o ,hich t)ipe of hunm

'cri,iry.(b) T€zchinssrndenc in srun is shich ryts orhunan activin(c) Id€nrit th. v:,ues followed hy Bhu,an.

2)-.r"ji,..;H",b{..h.r.;re busin;ofreidyDrde garnenr, hu, h€ is h.sihiing 6 j.inrcr,esl?rious prrhlems n(has.unomes for Dovjos goods fror ptrceofprodu.rion r.narrer. informi.g .nn.n€s ahonr ney designs and virieries add.d e*.y season. thro.ioarisr ro$ b) rire o. accideni noring tllc cx.ess (ock ot go.dsj dc.H. apprcach€shis friend sandccp who erptdned hj6 abour$Dcb.inches of.oDne.ce,yhich cln help Rajiy ro orer cone his hesjhrion.(a) skre $e {pe ofbusin.ss Rajiv isplannina ro na.t,(b) st2t€ (hich dinrnsion orbusines.,o help Rajiv r, oy€rconc rhes€ hindE..es.(c) spe.i.y difireor rrpes ot Au Rajiv ro overoEe hjs

p.or,r€-s. Quor the li,. ror each rype [.oo abovc pam.

Z) xi,,,,., -r. p,op.i"-,, u,- r" r" *-*. *,bu.,.,., hi. srorn r,om up.iruns.'neighbourhood.on,ershopseUingacftssDiiessu.hasanifi.i,t;"-"ar""r-r,.g".'r,"i,aip,and nail ai ro a rcrir chain wnh rrft Lr!rche io d€ cnl AlrhouBh she too(sarr.r rhevariedfundions in d,.Lruocb$sh€ isro erinswhed,€r dr shoutd fo.D a conrpa.I

siDes, sheatso h,s plans io open bra..he5 counnFide.1r) rr pl,in a o be,eff.s of run,inj of a sot€ pmprie r,i(b) .xprain so bd€fia o. conEdns n b a joi.t srmk .o,paorlG) wh rcl€ ,itl hd d<ision to go .lriora.ide plav in r,er chojce of fom or rhe

(d) $har tea.t tornahies vill shenavcro tr elgo ro operare bnsiness as a co,npMf?

CLASs:- lo+J C-afinER..€

8..st^eg. S.fu&"s.

! u. m*- r., cr,-*a "ccoun.nr

in a Mnr,inaiio.ar co-p""y.rr. ga" r ss,ooo p..

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'h" .",.;".. .r*,,

' Jai, nnrn.e co'np,oy for expansion or his husiness. rn begi,ning busj.ess vrs runnn,gwen bur l er on he sGn€d facing ross6 and dn. ro.oorinuons losses he vas not abt€ iorcp,r rh€ loan. Alier r{€iving -a"r remind.rs frod Enuce conpany, Rljiv ptann.d b.ros€ fie busines. He s.td all his -,chi.€s and o.her asels and canecred r20 tlc. He,equ..kd rhf fin,n.. c.,rtued lnd prdn ro rirr r i r.e is"r^, r,,. r. --i. r,,.i,". v,. nrin srtr dp dBum.n,thai he h* sord all his busiDess lssec i dn eas r,tc. b, hin for hsiness and nor forp€aon.l us€. sofinanc.conpan, mu$ se(te .he rcounl br 6kiDg I20 rac. The court didmt igfte qiih rhe rgum r orRnjii and gave rhe decision in rayo u. of fimn.e ..opa oyand order Rljiv 6pay fd roan amouniby senins hn pe.soDt lser.G) Nan. ihe f.m of busin€s or.ied by R{iy?(t) Sht€ rh. re,iu.e of sot€ Prcp.i.iorship wtri.h is kcpr in njDd by coun

G) Is RajiY,s {sundr or syiDs hc aid busines are sepiEie€nrny n..r.ecr.

S\.-kdu h."ch' , rad)n.de d'...1o, I t000. Hc, i'rnd lihrd rhc d"{sn or dres"''rnu!h.,o rndu ,old

']I. vmc dft

Aner rohpleri,g h.r nudies Indu op€n€d r sh.P or s€lling readload€ dr.ss.s ,or sirls.u and h.' frrnd b" F'med.' bu$n.n?

tr) shlL +Ae Jedr.r'.{ r'elalel $ rq' ,

o rlARr Lo. h"k, l",n or50 l i'on d B'nr lq n' go"rh dd AP4'ion Pldn! ltl":r/,;;.;;.".;..",.,"."",y br.,u! o,hca,\ ro.r.. rhe,o p4 Akrd iB \h.Ft,ord!, s

," ",i-.i"-_*a -a -.i.ri." towuds r€Prvn€nt or roan rhe sn cholders ierused as

,i., i"..i..',; -, *.,rr.*",n, d'";n thri' 'h'r'' B'nL Fr"d,r\r 'sainr ABc

i,i i,...,. :i" ,r,., --*"v courd nor !drr \harehordr. '" 'cPr, ror rs ih"t ha'c

," ..p.ia ,"-.*.r "s**' it 'a' ihe du! orABc Lrd to ui€ conp"v's as€6 ro ePrv

ia) I" rhe aho\t c.* whd ldnd nr liabilnv is €njov€d bv ihc aharehaldeB or aBc ]-id ?

lr,rwr,i"r'f€*"-.r.o-p."vpro'eciedshTeholdereii'''oun€rorbrsin€ss'oi!IpaII

PrcP'!^ lhd dcfldrd 'o

fom ' Hinduu/

"^a,a.a t.ir',"".*"".,r rotr' mdr' mrmb4a ML R'mr'-1""i...-";;..'."r,.u:.,sin€ss,ookarmnor.!0racrromcanr.Bank,vhichusio

i,. .;;;;; ;t,h," 5 ,."'". D,. ,o poo! 6nan.iar losirion o' 'lh€

busines' rhev *cre umbre

-,. ' ,r,. r"-. s- *^ -ld 'h' r"' ^romr P'"""'r' lo' ' l0lJ' and Prid 'lI Jmou

-ci--s--. r*s-' tr.a,;;d"d ,,. , ",., ,"., ,r,. r.,. "d' uk n ro.h purPo'e "r Bun

['.....'.,.r'"lr..,.p"l,tt.,,oul'{Id4llm"mbe,.ar'.'Pon-,h..,h"," - b".-, i" :.d b,'ine$ Prol'r" F "lrcrd''old' bur rou b"ing liJru t r

har. ro reprJ- r'hole anonnr eren bv sellinslour pedonal Pmpcrtrl(a) In thk.asc sho has unlinrned liabiha6) $hs the de.ision or .onn h .laim onll rroD tumrn is junilicd)

'The busi""* *"eG.fa fir- 'E vodh i70!000 bui nle d€bb rc6,ir u.paid ar. wonh{l-00.000. wh'L conrse ofaclion.,n rhe cndirors Ele in the Iollosi.g.as.::(a) Th. organnad.n in sol€proP.ietorhip linn(h) The orElnisatian in padoershiP firn qith A aod B, rM pdneis sharing Prcfir .nually.

d..-pa"y got ns cdifi..re or locor?orarion onrhe drre is wrntcn as2?nd Auqus.t0l0. companyrhe allohe.r larid .r nori

2.lln r\ugus.?010 and on th€ .enifi.arealloted som€ shares on 23rd

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,hu\in r,d.l.ua r.00.000shrrc\ol710e., h Io, publ', \db\r'puon. {pph. joirtonEqnhmonp!$d\r,en.dIor1.00.000,hare, rM,"Tp"nvdttd

r\ r-,g"."- r.-. ua..,r,.r,n u. gnupat pFmda..ubd,xeo dn dppr,,J,,on,o ihp

!bbr6hed hrrn/(a) Wh. sel€..s ihe nme of rh. conpa,, ?(b) would fie proposed nane be !.cepred hy Ge regiskr.? cive reason.

:rir#id# .m:T*:#i#, j::T:rl"+i:il::,r,ri'j#"?Eqo.mm. .nd e!, n .nc dppdn,,,".,...,

",,,-.",."r_.,.-l',, B LF.rd 4 d p* or

,t. --.*a..,r," "r,"ir,-, ' or emPlotr e! r don. in

/d Nime,heNpeolpubths4krenrfrPlisf 6itEd, ntonrdrrcdds

iO Hoq d.es n ser,6 fihsce,(d) tflrar do.s n do aiih ns.ev€.ue?

rdpnrilt rh" rvpe;, ,oriar r".po".ib,t,Lip. i; o-i.s {r;.nr,(a) R.spe.(h e religiou s sen ri m en6 of !I p€op le.

r3)

rq) vodalo* L,d '.dbilmn,p{\ P

anorhp, s,ouprr,i.h i.protidr v r;isr ffrc,,,m !,s,mLim'rdj

.rh"y d. rl,!,nroyin; eood po.n,on i" pro,idi.a ht","- "..,... ,. .;,peopF. MTNI. n dr.c't) rc.ounkbte b pubri, and n i! firrn,ed rnd ,. ,o rd bJA.vernn cn t, rh era s v.darone is nor u nde r rh€ d irscr .onrrct or governDeo Ll.r Ihr ei, ,6c k rerqflnB ro Eo. erpnse. qort .g in din.

sedor rn !hrch rhese enhrpriss d? earljoa.(b) MTNr. is a..ounbbt. ro puhlic. vodafone, islcconnkbte ro *hoD?(.) cn€ rn), thr.e poinr ofditrerence bee.e, bodr rhe se.r,r,

r5l h"h Inddm{' ot I k 4rr. ,9tb. n, duonunou. hhdr, Li-i,. rn{,,,8. corpoiinad or' rndir qd. io,mtd. Tri. rr d.finc. ir\ pohrF. duirs dnd run,1ion.. Ii ha. J.cp,,relegal.n&y. rr is ruuj- o{red by govemneDt. x,ras indcpc.denr finucj poliq andcatrrais€ funds b, bo.royins rrom p n is rcr snbj€cr ro anybudgetarr accountin( or audn coneol lire RdrHays, t& a.. it repo.. is pr€scnred jnparlimenl ele.y ye

ta) Nd. rh e rype of pu bli. se.io. enteryrisc r.rerEd in above case.(b) Nam( rrrc acrunder qhich n is foreed?(.) Nanre any otl'.r na.o bry .orporarioo.(d) SbG so fcduA.rsbrubrv corparaiion nention.d abor..

tt) ::,::,:l::..].]111,,,1r:'ll,i,'d'JingonloU.Prc}i_._-" ", r.di,. x ",."ii,.a ""a. c.-p._l. *,,.

.i,,'."o."i., "r1.,h.. r.,,"..";^ o..._p,.,. rr..r.".a"ra,_,-,".*"rp.i._ar1

m?g"rrnmenr. rhrBmrd d.hrnh"rdtr.d.r.p,{.ihhL,,h."m.i.."J,ri.ga,r.*n. unuJt,rpofl dnd .ubni, ,o dpprcP|i/k 3udrirtrc..

(a) Nanerhe rype oapnblic rtu). €nic.prise rferr.d jn abol. p.r..(b) coverD menr bu ys sh,r€s in {hose rcn. ?(.) whcrc does governne .ohpanics submn tbfn rcpo.6i

' 1) r- o\rn om.'rr. dian ukr\ rard Lr pubh, in DUhr,,p!,r,,prhD,u eo,h. brnen,s o,.H,.;.: :;:'.,1::-*.::"-1,r.,r,r's o' peopk {r eio'ns,h";;;,... -;;:l;"j'.::,,I:l;,,Tj;1I.,,:;Xli:."

*,,-h) skk'he rrPeof enrsPri,€m

I#{ffi J;,,..#,li',.",.,.''",.,r:-*t--..--

ll*:;ft rifu11iifi T.:r.ir##I;-""

Mi L.jiv i hc.emr ofreadymrd€ gan €nr aacbDl His rain nori,c is maxn.isi,grhe preffr.Jor rhis IE is chr.gng higb pric€ fron cus.oncr and supply l.B lualitipmdnds. He k .d prcviding good uorl<i.g .ondnio.s ro ro,t*" ,"a p"y ,r*-nininum was€s, rveo he did nor rr.rher abonr rhtpollnrio. ca,*a ry r,;, r,.i".1,. e,a r€sulr his cm.ienr enployd sard le"ving rhejob andjoining ih..omperiror Th€governnen. purs a lcavt penalr, on hiD fo. .ausi.g pollndo. and ev.. number of.unon€r also decrease. He ras v€.y upser and .outd nor und.rsLdd his pioDlem.

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Mrs. r.du sr,ned ayonr.hryass..iariorolt0 peoples, yno are also .onsnme.s. Sh.collecrcd .he.apibl by s.lling sh,r€s io memb€rs and op€ned a rebil shop so .h.r

'he) ran dim,ndc middLmrn and g, i rhe @vd. rr tuh p! ic<.

ln) siaie rhe rype oI orgrD isati.n , en rion ed in abo'..rsc.(L) srft difr€Eni rypos or rh,r o(anjsation,

Th€ Cor€mnenr br.n.d runninsoran indu vnerr,Eb,,.18. r.,d. d...,., s" ;;";;;., ;;;;";;j,l"li,:,1,ilJ;.1:1,,,T:l}-,.,.{r) Is lhe.onpany rulfiIingi6 responsibilnyi(b) sbr. crs. aor so.ial r€sponsibirn l

fr) a-hN l 6 h *n .nru s.ar€ mdu{rv' E -.kins .-h cm,, russe{s hin ro sB.i

b.n.fir ro sn,n scat€ indu*nes,

lb) shreJnr fittjn.enrne. ofi.Ed b, ro!crnmenrorssr

J?l rj6\rm4, d dryd;pfd , .un, n.\ "ft ourrs. manv p._php.a -*. *,r,.-,r,^",,1^.,n b. d4(roppd rndu..e,reas f,n cd pnptoym.nr d"a,l.i, -.."-. ...a;r-* . ,. ,_i-*.(a) sft dr beDefir of ssr Efe. in abov. cs..

ib) srkanJ fiv. b!ne6,. of rsr.

6anura.tu.ing (hadi itens.m i,dusr), a! gove.nh€d is