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Class 12th RBSE 2011 Accountancy 1 Paper

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Class- 12th RBSE

Subject- Accountancy 1

Year- 2011

Here are some questions:-

1. Gaurav and Vishal are co-venturers. Give Journal entry for a B/R discounted by Gaurav, if he maintains complete records of the transactions of Joint Venture in his books.
2. What is account sale in consignment ? Who does prepare it ?
3. Under Hire Purchase System, Mohan spent Rs. 5,000 to make salable the repossessed goods. Give Journal entry in the books of Mohan.
4. Under Instalment Payment System, where and on which side of final accounts of purchaser, is the balance of Interest Suspense A/c shown ?

 

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