## SLC Model Question Set 5 (Accountancy)

(Group- A)

Answer the following questions in one sentence. [5×1=5]
1. Write the full form of WTO.
2. Write any two primary function of insurance.
3. How is net profit or net loss adjusted in Balance Sheet?
4. Which office prepares accounting form used in Government office of Nepal?
5. Write the name of forms which are made provision under A.G.F. No. 5 & 8.

(Group-B)

6. What is Tippani? Mention any four factors to be taken into consideration while drafting it. [1+4]
7. What is numerical filing method? List out the four advantages and disadvantages of this method. [1+4]
8. What is Invoice? Explain its any four types. [1+4]
9. From the following particulars, prepare a Trial balance of ABC Company for 31st December 2010.) [5]

 Capital Rs 1,25,000 Salary Rs 70,000 sales Rs 3,60,000 advertisement Rs 30,000 Purchase Rs 2,00,000 Advance income Rs 15,000 Discount Rs 2,000 Machine Rs 1,98,000

10. Prepare a profit & loss Account of Priyanka Trades for the year end of Ashad 2060 from the following particulars. (5)

 Discount on purchase Rs 5,000 Interest earned Rs 21,000 Insurance Rs 33,000 Carriage out Rs 40,000 Gross Profit Rs 3,56,000 Advertisement Rs 25,000 Rent received Rs 18,000 Stationery Rs 18,000 Interest on investment Rs 10,000 Sales of Scrap Rs 10,000

11. Prepare a balance sheet of Sakshyam & Brothers from the given particular for the year ended 2068. (5)

 capital Rs 8,25,000 Net profit Rs 2,75,000 Furniture Rs 32,000 Investment Rs16,000 General reserve Rs 50,000 Debtor Rs 1,58,000 Land and building Rs 9,87,000 Advance income Rs 43,000

12. Introduce audit & mention any three differences between Internal Audit & Final Audit. [2+3=5]
13. List & explain all five accounts used in bank cash book. [5]

(Group-C)

Write long answers to the following questions:
14. What is central bank? Describe any eight function of central Bank. [2+8=10]
15. Prepare Goshwara voucher (AGF no. 10) of District Health office Kathmandu from the following transaction. [5×2=10]

 a) On 2068/05/01 received bank order of Rs 6,00,000 as a revolving fund. b) On 2068/05/02 Rs 40,000 paid for computer purchased through cheque no. 0001. c) On 2068/05/03 received a bank voucher of Rs 5,000/- & bill of motorcycle Rs 90,000 from the section officer, Mr. Hari Gautam to clear his advance. d) On 2068/05/04 out of total salary to staff Rs 1,50,000 for the month of Shrawan Rs 25,000 were deducted as provident fund & the balances was distributed by issue a cheque No. 0014. e) On 2068/05/05 a petty cash fund of Rs 5,000 established

16. Following are the details of expenditure in District Education Office, Morang. [10]
B.H.No. Budget head Annual Appropriation Expenses up to Bhadra (Rs) Expenses of Ashoj (Rs)

 1.01 Salary 6,00,000 1,00,000 50,000 1.02 Allowance 75,000 15,000 3,000 2.03 Office expenses 35,000 10,000 2,000 2.04 Rent 1,20,000 20,000 10,000 2.08 Miscellaneous 18,000 3,000 1,500 6.01 Furniture 40,000 16,000 4,000 Total 8,88,000 1,64,000 70,500