www.bieap.gov.in Model Question Paper : Board of Intermediate Education Andhra Pradesh

[muthukalee]

MODEL QUESTION PAPER
COMMERCE – Paper II

I. Answer any two of the following questions not exceeding 40 lines each. 2x10=20 Marks
a) Explain Major functions of the Marketing.
b) What are the powers of District forum?
c) Define stock exchange and describe its function.
II. Answer any four of the following questions not exceeding 20lines each. 4x5=20 Marks
a) Explain various principles of Insurance.
b) How is advertising useful to society?
c) Why Excise Duties are levied in India?
d) How speculation differs with gambling?
e) What are the characteristics of an efficient leader?
f) Describe any five characteristic features of a computer.
III Answer any five of the following questions not exceeding 5 lines each. 5x2=10 Marks
a) Insurable Interest
b) E-Commerce
c) Internet advertisement
d) What is state commission?
e) Letter of credit
f) Wash sales
g) Define time management
h) Brief note an central processing unit (C.P.U)

http://bieap.gov.in/modelpapers.html
http://bieap.gov.in/commerce2-2.PDF

Part – B (50 Marks)
IV Answer the following question 1x20 = 20 Marks
Rao and Raju are carrying on business in a partnership, sharing profit & loss in the ratio of 2:3. Their Balance sheet as on 31-12- 2003 was as under.
Balance Sheet
Liabilities Rs. Assests Rs.
Sundry creditors = 25,000 Cash on hand 15,000
Capitals Accounts Cash at Bank 10,000
Rao 1,40,000 Sundry Debtors 50,000
Raju 2,10,000 = 3,50,000 Stock 1,00,000
Furniture 25,000
Buildings 1,75,000
__________ _________
3,75,000 3,75,000
On that day they admitted Reddy into partnership and gave him ¼th share in the future profits on the following terms.
a) Reddy is to bring in Rs. 1,50,000 as his capital and Rs.
50,000 as good will, which sum is to remain in the business.
b) Stock and furniture are to be reduced in value by 5%.
c) Buildings are to be appreciated by Rs. 25,000.
d) A provision of 5% to be created on sundry debtor for doubtful debts.
Write Journal entries to record the above arrangement and show the opening Balance sheet of the new firm.
V Answer any one of the following questions 1x10=10 Marks