Answer ALL the questions

TIME : 1:30 hours

1. The following information is given to you from which you are required to prepare Cost Sheet
for the period ended on 31st march 2016:

MARKS = 10

2. The Trial Balance of Shakhawat stores appeared on 31st March 2016 as below. Prepare
Trading and Profit & Loss Accounts & Balance Sheet as on 31st March 2016.

MARKS = 10

3. TATA Company Ltd. has authorized share capital of 500 000 ordinary shares of 0.50 each.
At the end of the companys financial year on 31 March 2016, the following balances remained
in the books after the preparation of the trading and profit and loss accounts.

The directors have proposed a transfer to the general reserve of 25 000 and payment of a
dividend on ordinary shares of 0.05 each.
(a) Prepare the appropriation account for the year ended 31 March 2016.
(b) Prepare a balance sheet as at 31 March 2016.
MARKS = 10