revision 26-09-2022 duration-1.

30hrs
1. Marks of 15 students in their Economics paper are:
6, 9, 10, 12, 18, 19, 23, 23, 24, 28, 37, 48, 49, 53, 60
Find the median marks. (3)
2. Find out the median marks of the following marks distribution for 100 students. (10)
Marks 0−10 10−20 20−30 30−40 40−50
Number of Students 8 30 40 12 10

3. Find the average for the following individual data. (4)

2 3 5 6 8 10 11 13 17 20
4. The following figures are the heights in cm of 7 children chosen at random:
64, 59, 67, 69, 65, 70, 68
Calculate the simple arithmetic mean of the heights by (1) the Direct method, and (2) the
Short-cut Method.
(15)
5. On examining the Bank Statement of Green Ltd., it is found that the balance shown on 31st
March 2015, differs from the bank balance of Rs.23,650 shown by the Cash Book on that
date. From a detailed comparison of the entries, it is found that:
i. Rs.2,860 is entered in the Cash Book as paid into the bank on 31st March 2015 but not
credited by the bank until the following day.
ii. Bank charges of Rs.70 on 31st March 2015 are not entered in the Cash Book.
iii. A bill for Rs.5,500 discounted with the bank is entered in the Cash Book without recording
the discount charges of Rs.270.
iv. Cheques totalling Rs.16,720 were issued by the company and duly recorded in the Cash
Book before 31st March 2015 but had not been presented at the Bank for payment until after
that date.
v. On 25th March 2015, a debtor paid Rs.1,000 into the Company’s Bank in settlement of his
account but no entry was made in the Cash Book of the company in respect of this.
vi. No entry has been made in the Cash Book to record the dishonor on 15th March 2015, of
a cheque for Rs.550 received from Ram Babu. Prepare a Bank Reconciliation Statement as
of 31st March 2015. (10)
6. Journalise the following transactions: (6)
2017 ₹
Jan.
Paid into the bank for opening a Current Account 10,000
1
Goods sold for ₹ 50,000 and the amount was deposited into the
3
bank
7 Amount is withdrawn from the bank 20,000
10 Goods sold for Cash 15,000
12 The amount deposited into bank 12,000
14 Goods purchased and payment made by cheque. 25,000