P/L appropriation account2. Calculation of interest on capital or interest on drawing3. Past adjustments4. Calculation of NPSR5. Treatment of goodwill, investment fluctuation reserve, workmen compensation reserve7. Final problems on admission with capital adjustment8. Final problems on retirement9. Loan account at the time of retirement10. Calculation of profit upto the date of death 11. Realisation entries 12. Realisation expenses different cases13. Major heads and sub heads(income statement and balance sheet)14. Comparative statement and common size statement)15. Major ratios (current, quick, debt-equity, inventory turnover, trtr/tptr,gpr,npr etc)16. Cash flow statement

Prepare trading Account profit and loss and profit and losss Approprition Account for the year ended 31 st March , 2019 and Balance sheet as at that date after accounting the following adjustments :(i ) stock as at 31 st March , 2019 was Rs. 50.000,(ii) Rent is Rs. 10.000 per month ,(iii) Depreciate Furniture and fixtures and Computers @ 20 % p.a ,Machinery @ 10% p.a and(iv) interest on capitals is allowed @ 6% p.a .

(c) Prepare the revised income and expenditure account for the year ended 31 December 2021.[12]

Owner has used a stock Rs. 10,000 and cash Rs. 3000 for his personnel usage.07. Investment income received is Rs. 1200008. PPE should be depreciated 12% per annum09. Paid bank loan installment is Rs. 25000 and included interest for above is Rs. 500010. Received Rs 27000 from debtors under a discount of 10%11. Set off a debtor worth of Rs. 53000 with a creditor of Rs.50,000Required01. Write the transaction could be occurred from the 01-0502. Show the impact of transactions 6 -11 with in the accounting equation and state whether eachvalue increase (+) decrease (-) and in front of the value. (use following format.)TransactionNoncurrentassetsStock Tradereceivables CashEquity TradePayablesOtherPayablesCapital RetainedEarnings1.2.........TransactionNoncurrentassetsStock Tradereceivables CashEquity TradepayablesOtherpayablesCapital Retainedprofit01/01Balance 500 80 60 360 725 - 155 12001 +200 -110 +9002 -36 +4 -4003 -100 +150 +5004 +30 -3005 +20 -30 -10303. Prepare the income statement for the year ending 31.01.201904. Prepare the statement of Financial position as at 31.01.2019

Following information are available of subsidiary company. (सहायक कम्पनी की निम्नलिखित सूचनायें उपलब्ध हैं) Opening balance of P/L Account (लाभ-हानि खाते का शेष प्रारम्भिक) ₹ 5,000. Closing balance of P/L Account (लाभ-हानि खाते का शेष अन्तिम) ₹ 50,000. General Reserve Opening (सामान्य संचय-प्रारम्भिक) ₹ 20,000. General Reserve Closing (सामान्य संचय-अन्तिम) ₹ 23,000. Paid up share capital ₹ 3,50,000 purchased by holding company on 1st August. The profit for current year of subsidiary company will be (प्रदत्त अंश पूँजी ₹ 3,50,000 के अंश सूत्रधारी कम्पनी ने 01 अगस्त को खरीदे। सहायक कम्पनी के चालू वर्ष के लाभ होंगे)a.₹ 45,000b.₹ 48,000c.₹ 53,000d.₹ 47,000

What is working capital ? What are the factors that aretaken into account in determining capital needs of thefirm ?b) Explain how a suitable mix of short-term and long-termfinance can be used for financing current assets. 7 + 88. a) Cosco Industries have a policy of maintainingRs. 5,00,000 minimum cash balance. The standarddeviation of the company’s daily cash flow isRs. 2,00,000. The interest rate is 14%. The companyhas to spend Rs. 150 per transaction. Calculate theupper and lower limits and the return point as perMiller-Orr Model.b) A firm’s annual cash requirement is Rs. 2,00,00,000.The opportunity cost of capital is 15% per annum.Rs. 150 is the per transaction cost for the firm when itconverts its short-term securities to cash. Find out theoptimum cash balance. What is the annual cost of thedemand for the optimum cash balance ? 7 + 8