Page No.1
154 [E]
SECTION:B
Answer the following questions 6 to 9 in one sentence.
Each question carries 1 mark.
6
7
8
9
What is bad debt for business?
What is cash transaction?
Which GSTs are applicable to intra state supply?
An amount withdrawn from bank account for personal expense will be
debited to which account !
[08]
SECTION:c
Answer the following questions 10 & 11 as directed.
Each question carries 3 marks.
10 Explain the following terms:
Capital
Stock
Voucher
Describe whether the following transactions are economic or
non-economic transactions and clarify the reason for it.
Assets sold to Mira on credit for <22,000.
* 8,000 paid for wages.
(3) An order is received to supply goods of * 10,000.
SECTION:D
Answer the following question no.12 as directed.
12. Classify the following accounts and give brief explanation:
Bank overdraft account
Insurance premium account
(3) Stationery stock account
Commission received account
(5) Shares of Tata Company account
(6) Purchase return account
Gujarat University account
(8) Goods destroyed by fire account
SECTION:E
Answer the following essay type question no. 13 as directed.
[04]
(06)
13. From the following transactions write journal in the books of Pranjal.
1 Introduced 10,000 cash and commenced business
2 Goods of 5.000 purchased on cash.
3 Goods af 8.000 purchased on credit from Rajan
Goods of 2000 given for donation
5 Shiva has dispatched the goods of 3,000
6 Pad 2500 for life tsurance premium.
Page No.2
154 [E]
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