Class: 10
Marks: 75
Subject: Account
Time: 2:15 hrs
Group A
Answer the following questions in one sentences:(5x1=5)
a)
b)
c)
d)
e)
Which account is prepared before Balance Sheet?
What is Government accounting system?
How is net profit determined?
Write the AGF number of Journal Voucher?
When was the central Bank of Nepal established? Write full date.
Group B(8x5=40)
f) What is Report? Explain its four types in brief.
g) What is horizontal filing? Mention its four advantages and disadvantages.
h) Describe any five means of payments?
i) Write down the difference between Central Bank and Commercial Bank.
j) Why is trade necessary? Mention any four differences between home trade and foreign trade
k) Prepare trial balance of Raj Company Jhapa 2075 Asar 31 on the basis of following transactions.
Capital
600,000
Rent
90,000
Depreciation
60,000
Bank Overdraft
300,000
Purchases
800,000
Sales
12,00,000
Building
900,000
Machinery
250,000
l) Prepare profit and loss Account of Malika Biscuit Industry, Birgunj on the end of Asar 2075 from
the given transactions:
Gross profit
1,25,000
Salary
400,000
Purchase discount
17,000
Telephone charge
13,000
Interest received
81,000
Advertisement
30,000
Stationary
28,000
m) Prepare a balance sheet of Janaki Guest Home Janakpur for the fiscal year last of Asar 2074/75
according to following particulars:
Capital
Goodwill
Accrued Income
16,27,000
2,84,000
1,58,000
Reserved fund
Net loss
Bank Loan
Land
Bills Receivable
5,72,000
3,00,000
4,00,000
10,57,000
8,00,000
Group C(10x3=30)
n) What do you mean by Commercial Bank? Explain its functions?
o) Prepare the Goshwara Voucher of the basis of the following transactions of District Education
Office, Bajura.
a. 4/1
Purchased a motorcycle of Rs 350,000 and issued a payment order to District
Treasury and Controller Office.
b. 4/3
Purchased refrigerator for Rs 18,000 and issued a payment order to DTCO.
c. 4/7
Total remuneration for the month Rs 50,000 and dearness allowance Rs 4000
after deducting P.F Rs 10,000 including government contribution. Social security fund Rs
500 and Income Tax Rs 3000 and issued a payment order to DTCO.
d. 4/8
Advance given to accountant Mr Moti Rs 25,000 for the purchase of Office
materials by issuing a payment order to DTCO.
e. 4/9
Advance given to Accountant Manita Gurung Rs 5000 for petty expenditure.
p) What are the procedures of home trade? Explain.