xii(commerce and humanities) - Aravali

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ARAVALI INETERNATIONAL SCHOOL

HOLIDAYS HOMEWORK

Class XII


Business Studies

Section : A

( 6 MARK QUESTIONS )

1. “ Management

is a profession like medical or legal profession “ Do you agree with this statement ?

Give any five reasons in support of your answer.

2. Coordination is the essence of management and an orderly arrangemen
t of efforts. Do you agree ?
Give reasons in support of your answer.

3. Management is the trinity of art, science and profession. Prove this statement.

4.Comment : Management helps in the development of society, Management is all pervasive ,
Management is
a group activity.

5. Raman is working as Plant Superintendent . At which level is he working ? State any six functions to be
performed by him.

6. State any four points of importance of controlling .

7. Explain : Controlling is all pervasive , Controlling i
s forward looking as well as backward looking.

8. Controlling is a systematic process of series of steps . Explain

9.Explain any three statements indicating the relationship of controlling and planning.

10.Deciding about a capital structure of a firm invol
ves determining the relative proportion of various
types of funds which depends upon various factors . Discuss any six factors.

11.How are shareholders likely to gain with loan component in the capital employed ? Explain with
suitable example.

12. Sound fi
nancial planning is essential for the success of any enterprise. Explain this statement by
giving six reasons .

13. What is meant by three financial decisions ? Explain any six factors affecting dividend decision.

14. Sound financial management is the key
to the prosperity of business . Explain

15. Expalin any eight factors affecting the decision on about fixed capital in an organization.

PROJECT WORK :

Prepare a file with interleaf sheets using adequate pictures on the following topic of about 10 pages :

N
estle produces a wide range of products including beverages, prepared dishes , cooking aids and milk
products .It is a major player in many segments of FMCG sector.

Create a project on the variety of products covered by Nestle India along with its any one

competitor.


ARAVALI INTERNATION
AL SCHOOL

HOLIDAY HOMEWORK

SESSION


2013
-
14

Class


XII

Subject : Economics



1 MARKS QUESTIONS :
-

1. Define Marginal physical product.










2. What is the shape of AR and MR curve under perfect competition?





3. Which cost, fixed or variable determines MC?








4. When is a firm called price maker ?









5. What is law of demand?











6. Give the formulae to measure price elasticity of demand according to graphic method.



7. How is price elasticity

related to horizontal straight line demand curve?





8. In a government budget , revenue deficit is Rs. 50,000 crores and borrowings are Rs. 75,000
crores . How much is fiscal deficit?

9. What is the behavior of average fixed costs as output increases?

10.What is meant by average physical product?

11. It is true to say that massive unemployment shifts the PP curve to the left. State reason.


3 MARKS QUESTIONS :
-

1. What change in the total revenue will results in :









a. A decrease in marginal rev
enue , and


b. An increase in marginal revenue.

2. Complete the following table :











Price

Output
(units)


Total
revenue

Marginal
revenue

--

1

6

--

4

--

--

2

--

3

6

--

3. Why is Average cost curve U
-

shaped ?









4 .Explain the law of variable proportion .









5. 8 unit of a good are demanded at a price of Rs. 7 per unit. Price elasticity of demand is (
-
)1.
How many units will be demanded if the price rises to Rs. 8 per unit? Use expenditure approach.
Is demand

elastic? Give reason for your answer









6. Explain how the following affects the price elasticity of demand
-







a.)availability of substitute goods

b.) postponement of use

7. How will a consumer move along his indifference curve in a situat
ion when MRS
xy
<







8. Explain chain effects when equilibrium price changes due to increase in the
price of substitute goods.




9 E plain central bank functions as ‘central authority’.


10. E plain ‘lender of last resort’ function of centr
al bank.





11. Classify the following as revenue receipts or capital receipts of government


i. dividends on investment made by government .


ii sale of shares of public sector undertakings.


iii. loan from American bank.

12. Explain the relationship

between price elasticity of demand and marginal revenue with the
help of a diagram.

13. Draw AFC, AVC and AC curves in a single diagram.

14. At a price of Rs.10 per unit, the quantity supplied of a commodity is 400 units. If its price
rises to Rs. 12 per
unit and the quantity supplied rises by 10 percent, calculate its price elasticity
of supply.

15. Explain why PPC is concave to origin?

4 MARKS QUESTIONS :
-

1.Calculate TFC, TVC, AFC, ATC and MC from the following data:





Output(units
)

0

1

2

3

4

5

TC

180

300

400

510

720

1000

2. . Why is AR curve of a firm under perfect competition parallel to x
-
axis and negatively sloped
under

monopoly?

3. Explain the relationship between APP and MPP using diagram .






4. Explain the process of money creation by co
mmercial banks.

5. What is the relationship between MR and AR under perfect competition and monopoly?

6. Why do technological advancement or growth of resources shift the PPC to the right?

7. State whether the following statements true or false with
reasons :
-

a.

The gap between AVC and AFC reduces with the increase in output.

b.

TC is parallel to TVC.

c.

MC is always to the left of AC.

8.

How can government budget help in reducing inequalities of income ? Explain.



6 MARKS QUESTIONS :
-

1. State whether the
following statements are true or false . Give reasons for your answers:


a)

Average variable cost can fall even when marginal cost is rising .

b)

The difference between TC and TVC falls with the increase in output.

c)

MC is greater than AC when production is in a

state of diminishing returns.

2. What type of changes take place in total product and marginal product when there are:



a)

increasing returns to a factor ?

b)

diminishing returns to factor?

3. Explain the conditions of consumers equilibrium by utility analys
is with numerical example in
case of



a.

One commodity


b. two commodity

4.Why does the demand curve slope downwards .Explain










5. There is a simultaneous decrease in supply and increase in demand of a commodity. Using
diagram




explain when will it result in :

a.)No change in equilibrium quantity



b.) a fall in equilibrium price


PRODUCTION FUNCTION

1.

Answer the following in yes or no with reason:

a.

TP is maximum only when MP=0

___________________________________________________
__________________

b.

MP can be negative , but not the AP

___________________________________________________
__________________

c.

Law of variable proportion must operate even when all factors of production
are variable.

________________________________________
___________
__________________

d.

Diminishing returns to factors occur simply because supply of the factor cannot
be increased.

___________________________________________________
_________________

e.

AP and MP tend to be U
-
shaped.

________________________________
___________________________________
__

f.

Stage of increasing returns (when MP is increasing ) is economically redundant,
because the producer will not strike his equilibrium in this stage.

___________________________________________________
__________________

g.

In short run production is done only by using the variable factors.

___________________________________________________
__________________

h.

Law of variable proportions operates only if factor ratio happens to change.

___________________________________________________
__________________

i.

Can total product and average product becomes zero or negative ?

___________________________________________________
__________________

j.

Increase in TP always indicates that there are incr
easing returns to a factor.

___________________________________________________
__________________

k.

When MP falls . AP will also fall.

___________________________________________________
_________________

l.

When there is diminishing returns to factor Marginal
and total product both
always falls

___________________________________________________
__________________


2.

Answer the following :

a.

Mp must cut AP from its top.

____________________________________________________________
_________

b.

State the behavior of marg
inal product according to law of variable
proportions.

___________________________________________________
__________________

__________________________________________________________________
___

c.

When is total output
maximum.________________________________
________________________

___________________________________________________
__________________

d.

How is TP derived from AP?

___________________________________________________
__________________

e.

In which phase will the rational producer operate in the short r
un.Why?

___________________________________________________
__________________

f.

Complete the following table by drawing and using the labeled diagram.






Stage


TP

MP

Stages Reference
Point(from fig)

I increasing returns
to factor







II Diminishing
returns to factors







III negative returns
to the factors








g.

Identify the three phases of the Law of Variable Proportions from the following
and also give reason behind each phase

Units of variable
input


Total physical
product


Marginal physical

product


Phases


1

10




2

22




3

30




4

35




5

30





_______________________________________
______________________________

_____________
_______________________________
______
___________________

___________________________________________________
__________________

___________________________________________
_________________________

__________
_______________________________
_________
__________________

___________
_______________________________
________
___________________


h.

Define production function.

___________________________________________________
__________________

___________________________________________________
__________________


i.

Give the formulae to derive

i.

TP from MP

___________________________________


ii.

MP from TP

___________________________
________


iii.

AP from TP

___________________________________


j.

What is law of variable proportion?

_____________________________________________________________________
_____________________________________________________________________
_______________________
______________________________________________
_________________________________________________________





COST


1.

Defend or Refute the following statements. Write ‘yes’ or ‘no’ with reasons .

i.

Fixed cost is constant even when output is
zero_____________________________________________

___________________________________________________________
________________________

ii.

Variable cost is incurred before production is
started________________________________________

__________________________
_________________________
_______________

iii.

Fixed cost must be greater than variable cost when output is
zero_____________________________

________________________________________________
__________________

iv.

Average variable cost tends to fall, stabilize and
rise as output increases.
________________________________________

v.

Marginal cost includes both fixed cost and variable
cost________________________________________

________________________________________

vi.

MC is greater than AC when production is in a stat
e of diminishing returns.
________________________________________

vii.

AC is greater than MC so long as AC is falling.
________________________________________

viii.

MC and AC are equal when AC tends to stabilize.
________________________________________

ix.

The distanc
e between AVC and AFC curves tends to reduce as output
increases. ________________________________________

x.


The distance between AC and AVC curves tends to increases at higher level
of output.
_____________________________________________
__________________
___

xi.

Short period TC curve starts from Y
-
axis.
_______________________________________________

xii.

When MC > ATC , ATC must rise.
_____________________________________________________

xiii.

Is ATC is U
-
shaped
Curve_____________________________________________________
_______

xiv.

As soon as MC starts rising , average variable cost also starts rising.
_________________________

________________________________________________
__________________

2.

What is the behavior of TVC, as output increases?

_______________________________________________________
_________________

_______________________________________________________
_________________

3.

Draw TVC, TC and TFC curves in a single diagram.

4.

Identify explicit and implicit costs from the information giv
en below. Explain.

i.

A farmer takes a farm on rent and carries on farming with the help of family
members.

________________________________________________
__________________

ii.

A producer borrows money and starts a business. He himself looks after the
busines
s.

_________________________________________________
_________________

iii.

Mr. Ram uses his own flat for running a coaching center. Mr. Sandeep and
Mrs.Poonam teaches there.

________________________________________________
__________________

iv.

A producer starts hi
s business by investing his own savings and hiring the
labour.

________________________________________________
__________________
























ARAVALI INTERNATIONAL SCHOOL

HOLIDAYS HOMEWORK

CLASS : XII : ENGLISH

VISTAS : PREVIOUS YEARS QUESTIONS

Prose 1 : THE TIGER KING

SHORT QUESTIONS: ( Answer in 30


40 words each)

1.

Did the tiger king shoot the hundredth tiger? Give reasons for your answers

2.

Why did the Dewan decide to give up his own tiger for the hunt by the Maharaja?

3.

How did the tiger king
acquire his name?

4.

What did the Dewan do on hearing the threat of losing the job from the Maharaja?

5.


What did the Maharaja do to find the required number of tigers to kill?

LONG QUESTIONS ( Answer in 125


150 words each)

1.

How did the Tiger King meet his
end? What is ironical about his fate?

2.


The title of the Maharaja reflected grandeur but his death was an anticlimax.
Justify.

3.

What problem arose when Maharaja had killed the ninety
-
ninth tiger?

Prose 2 : THE ENEMY

SHORT QUESTIONS: ( Answer

in 30


40 words each)

1.

Why did the general spare the American soldier?

2.

Why did the servant leave Dr. Sadao’s house?

LONG QUESTIONS ( Answer in 125


150 words each)

1.


Describe how Pearl S. Buck’s story ‘The Enemy” shows that basic
human goodness overpowers all other factors.

2.


How did Dr. Sadao rise above narrow prejudices of race and country
to save the life of the American soldier?

3.

Individuals who belong to enemy coun
tries tend to hate each other
even if they do not know each other personally. At times it is seen
that some of them rise above such prejudices. What makes a human
being do so?

4.

Dr. Sadao’s character is an amalgamator of right and wrong. Discuss.

5.

While hatr
ed against a member of the enemy race is justifiable,
especially during wartime, what makes a human being rise above
narrow prejudices. Answer with reference to ‘The Enemy’.


Prose 3 : SHOULD WIZARD HIT MOMMY

SHORT QUESTIONS: ( Answer in 30


40 words each
)

1.


Why did Jo want the wizard to hot the mommy?

2.

How did the wizard help the tiger king?

3.

How did Jo want the story to end? Why?

LONG QUESTIONS ( Answer in 125


150 words each)

1.


Why did Jo disapprove the ending of the story as told by her father? How
did she want the story to end?.

2.

An adult’s perspective is different from that of a child. Why? Answer with

reference to the story Should Wizard hit Mommy?

3.

Should Wizard hit Mommy” i
s not just a bedtime story but it raises
certain moral questions. Justify.


Prose 4 : ON THE FACE OF IT

SHORT QUESTIONS: ( Answer in 30


40 words each)

1.

Why does Derry tell Mr. Lamb that he is afraid of seeing himself in the
mirror in th
e story On the Face of It?

2.

What qualities of Mr. Lamb attracted Derry towards him?

3.

What arguments does Derry give to convince his mother why he wanted to
go to the old man’s garden?

LONG QUESTIONS ( Answer in 125


150 words each)

1.

Though both Mr. Lamb and

Derry suffer from physical disabilities,
they have different attitude towards life. Explain.

2.

How did Mr. Lamb’s meeting Derry become a turning point in
Derry’s life?

NOVEL : THE HOUND OF BASKERVILLES

IMPORTANT QUESTIONS

CHAPTER 1 : Mr. SHERLOCK HOLMES


1
. Why does Dr. Mortimer come to visit Sherlock Holmes?

2. What does a close reading of Chapter 1, “Mr. Sherlock Holmes,” reveal to
readers


about the character?

3 Based on Watson's examination of the walking
-
stick, how does he describe Dr.



Mortimer?


4. What are Holmes's deductions of Dr. Mortimer from his walking
-
stick, and
how


did he arrive at them?

5. What was wrong with Holmes's deductions of Dr. Mortimer?


6. How does Dr. Mortimer view Holmes and why?


CHAPTER 2 : THE CURSE OF

THE BASKERVILLES


1. Which best describes the moors near Baskerville Hall?

2.

According to the ancient story Mortimer shows Sherlock Holmes, how did
the curse of the Baskervilles begin?


3. How and why does Conan Doyle present Baskerville Hall as a liminal
space?


4. What is Hugo's evil act, as relayed in the manuscript?


C
HAPTER 3 : THE PROBLEM


1. How does Sherlock Holmes feel about the story of the Baskerville curse?


2. What is the relationship between Sir Charles and Dr. Mortimer?

CHAPTER 4 : SIR HENRY BASKERVILLES

1.

What theory does Holmes put forth when he first examines the lett
er that
Sir Henry received in London?

2.

What are the three threads the chapter refers to? Explain.

3.

Give a description of sir Henry Baskervilles.

CHAPTER 5 : THE THREE BROKEN THREADS

1.

What are the questions that Sherlock Holmes poses to the cabman of the
cab

number 2704? What are their answers?

2.

Describe the will of Sir Charles Baskervilles and a detailed account of his
estates.


CHAPTER 6 : BASKERVILLES HALL

1.


What advice and instructions were given by Sherlock Holmes to Watson
before leaving for Devonshire?

2.

What was the Noting Hill case and how is it related to the present story?


















ARAVALI INETERNATIONAL SCHOOL

HOLIDAYS HOMEWORK



Class XII


Accounts







NOTE : The questions is to be done in accounts fair register.

1. What is meant by
partnership deed?









2. How does the factor “ efficiency of management” affect the goodwill of the firm?


3. State the other name for Revaluation account







4. State the ratio in which the partners share all the accumulated profits, reserve , los
ses and

ficticious assets in case of change in profit sharing ratio.






5. List any two items appearing on the debit side of profit and loss appropriation account

6. A, B C and D are partner sharing profits and losses in the ratio of 4 :

3 : 2 : 1 . A and D retire

from the firm. State the new profit sharing ratio of B and C.






7. A and B are partners sharing profit in the ratio of 3 :4. They admit C for 3/10th share of
profits

which he acquires in the ratio of 2 :1 Find the new profi
t sharing ratio.




8. A,B and C are partners in a firm sharing profits equally. A withdrew Rs2,000 at the

beginning of each quarter while “B” withdrew Rs1200 p.m at the end of every month. C ,

however, withdrew Rs1000 at the end of each quarter. Interest

is to be charged at9% p.a

as per partnership deed. Calculate interest on drawing of each partner.



9. Goodwill of a firm is valued at 2 years purchase of average profits of last 5 years. The profits

of the last 5 years were Rs 18,000( loss), Rs34,000 ,

Rs7,000 ( loss) , Rs37,000 and Rs40,000.
Compute value of goodwill of the firm.






10. A and B are partners sharing profit in the ratio of 3:2. C is admitted into partnership for
1/4th share. C brings in Rs 6,000 for capital and requisite amount of prem
ium in cash. The
goodwill of the firm is valued Rs 2400. Goodwill already appear in the books at Rs 3000.
Partners withdrew their share of goodwill. Give necessary journal entries.




11. A and B are partners sharing profits in the ratio of 3 :2 with capi
tals of Rs 50,000 and Rs
30,000 respectively. Interest on capital is agreed @6% p.a . B is to be allowed an annual
salary of Rs 2,500. During 2011 , the profits of the year prior to calculations of interest on
capital but after charging B’s Salary amounted

to Rs 12,500. A provision of 5% of the
profits is to be made in respect of manager’s commission. Prepare P&L appropriation
account.




12. On 31st March 2009, after closing the capital accounts , capitals of X,Y and Z stood at

Rs80,000 ,Rs 6
0,000 and Rs 40,000 respectively. It was subsequently discovered that interest


@5%p.a on capitals at the beginning of the year was left out. Their drawings during the
year wereRs 20,000 , Rs 15,000 and Rs 9,000 respectively. Profit for the year was

Rs 1,20,000.


Partners share profit in the ratio of 3 : 2 : 1. Give necessary adjustment entry and show
your working clearly.











13. Sumit and Pallavi

are partners with capital of Rs 40,000 and Rs 20,000 on which they agree
to allow interest @6% p.a. Their representatives share of profit is 2: 3. The profits prior to
interest for the year are Rs 3,000. Calculate interest on capital and show profit and l
oss
appropriation accounts when


a) Interest on capital is not a charger on profit


b) Interest on capital is a charge on profits



14. The balance Sheet of A.B and C who are partners in a firm sharing profits according to their
capitals

as on 31st March 2012 was as under:







Liabilities

Amount ( Rs)

Assets

Amount ( Rs)

A’s Capital

B’s Capital

C’s Capital

General Reserve

Creditors


80,000

40,000

40,000

20,000

21,000

Building

Machinery

Stock

Debtors 20,000

Less: Provision for D.D 1,000

Cash at bank

1,00,000

50,000

18,000


19,000

14,000


2,01,000


2,01,000


On that date , B decided to retire from the firm and was paid for his share in the firm subject

to the following :


a) Building to be appreciated by 20%


b) Provision for doubtful Debts to be increased to 15% on debtors


c) Machinery to be depreciated by 20%


d) Goodwill of the firm is valued at Rs 72,000 and the retiring partners share is adjusted

through the capit
al accounts of remaining partners.


e) The capital of the new firm be fixed at Rs 1,20,000

Prepare Revaluation account , Partners capital account and the balance sheet after the
retirement of B.

15. X and Y are partners in a firm sharing profits in 5 :

3 ratio. They Admitted Z as a new partner
for 1/3rd share in the profits . Z was to contribute Rs 20,000 as his capital. The balance
sheet of X and Y on 1.4.2007 the date of Z’s admission was as follows :

Liabilities

Amount( Rs)

Assets

Amount ( Rs)

Credi
tors

Capitals:

X 50,000

Y 35,000

General Reserve

27,000



85,000

16,000

Land and Building

Plant and Machinery

Stocks

Debtors 20,000

Less Provision 1,500

Investments

Cash

25,000

30,000

15,000


18,500

20,000

19,500


1,28,000


1,28,000

Other terms agreed upon were :









a) Goodwill of the firm was valued at Rs 12,000

b) Land and Building were to be valued at Rs 35,000 and plant and

machinery at Rs 25,000.

c) The provision for doubtful debts was found in excess by

Rs 400.

d) The liability for Rs 1,000 included in sundry creditors was not likely to arise.

e) The capital of the partners be adjusted on the basis of Z’s contribution of capital

in the firm.

f) Excess or shortfall if any to be transferred to accounts.
Prepare Revaluation

account , Partners capital account , and the balance sheet of the new firm.

16.

In what ratio profits and losses are distributed among the partners in the absence of
partnership deed.

17.


A and B are partners in a firm sharing profit in the r
atio of 4 : 3. They admit C as a partner
for 1/5th share. Find the sacrificing ratio.








18.

Calculate the interest on drawing @8% p.a of A and B if






a.

“A” withdrew Rs3000 per quarter in the end of each quarter.

b.

“B” withdrew Rs4000 in the beginning of ea
ch month.

19.

P and Q are partners sharing profits in the ratio of 5 : 3. R is admitted who gets his 1/8th
share


in profit entirely from Q. Calculate new profit sharing ratio.











20.

A and B are partners sharing profits equally. They admit C into partnersh
ip . C paying only
Rs 1000 for premium out of his share of premium of Rs 1800 for 1/4th shareof profits.
Goodwill account appears in the books of Rs 6000.








21.

A, B and C share profits equally as partners. Later they decided to share profits in th
e ratio
of 2 : 2: 1 in future. For this purpose , goodwill of the firm ids valued at Rs 90,000. Pass

necessary journal entry to give effect to the change.






22.

A partnership firm has earned net profit during the last 3 years as

2006
-

Rs18,000 , 2007


Rs

22,000 and 2008 Rs 26,000 . The firm has a fixed capital of Rs
1,00,000 and 15% is considered as fair return on capital employed.

Calculate the value of goodwill on the basis of 3 years purchaseof average super profit.


23.

A, B and C are partners in a firm sharing profits and losses 2: 2: 1 is allowed a salary of Rs
4,000 p.a and B is allowed commission on 3% on sales which is Rs 2,00,000. A is also

entitled to get 10% commission on profit after charging salary to partners
and all
commission. During the year , firm earned profit 16% on sales. Prepare Profit and loss
appropriation account for the above treatment.






24.

A, B and C are partners with fixed capital as Rs 24,000, Rs 20,000 and Rs 12,000
respectively. The profit for

the year Rs 36,000 was distributed equally. Subsequently it
was discovered that interest on capital @5% p.a had been omitted .The profit sharing
ratio was 2: 2: 1. Pass adjustment entry.





25.

A, B and C are partners sharing profits in the ratio of 2:2:1.
C dies on 31st August 2008.
Books are closed on 31st March every year. Sales for the year 2007
-
08 amounted to Rs
6,00,000. Sales of Rs 1,20,000 generated from 1st April 2008 to 31st August 2008. The
profit for the year 2007
-
08 amounted to Rs 90,000. Calcul
ate C’s share in the profit.







26.

The balance sheet of Ram and Shyam , who were sharing profits in the ratio of 3:1 on 31st
March 2009 was as follows:

Liabilities

Amount

Assets

Amount

Creditors

Employee Provident
fund

General Reserve

Capital

Ram

Shyam

2,
800

1,200

2,000


6,000

4,000

Cash at bank

Debtors
6,500

Less Reserve for B.D
500

Stock

Investment

2,000


6,000

3,000

5,000


16,000


16,000


They decided to admit Mohan on April 1st 2009 for 1/5th share on the following terms:

i)

Mohan shall bring Rs 6,000 as his share of premium for goodwill

ii)

That unaccounted accrued income of Rs 100 be provided for .

iii)

The market value of investment was Rs 4500

iv)

A
debtor whose due of Rs 500 was written off as bad debts paid Rs 400 in full
settlement.

v)

Mohan to bring in capital to the extent of 1/5th of the total capital of the
new firm.

Prepare Revaluation Account, Partners capital account and the balance sheet
of th
e new firm.

27.

On 31st December 2006, the balance sheet of A,BandC who were sharing profits and
losses in the proportion to their capitals stood as follows :


Liabilities

Amount

Assets

Amount

Creditors

Capital A/C

A

B

C

10,800


45,000

30,000

15,000

Cash at
bank

Debtors
10,000

Less Reserve for B.D
200

Stock

Machinery

Land and Building

8,000


9,800

9,000

24,000

50,000


1,00,800


1,00,800



B retires and the following re
-
adjustment of assets and liabilities have been agreed upon


before the ascertainment of the amount payable to B.

i)

That land and building be appreciated by 12%

ii)

That provision for doubtful debts be brought upto 5% o
f debtors

iii)

That a provision of Rs 3900 be made in respect of an outstanding bills for
repairsThat goodwill of the entire firm be fixed at 18,000 and B’s ahare of the
future profits in the proportion of¾ and ¼ respectively.

iv)

That B be paid Rs 5,000 immediat
ely and the balance to be transferred to his
loan account.

Prepare Revaluation account , Partners capital account and the balance sheet
of the firm after retirement.


28 K, L and M were in partnership sharing profits in the ratio of 5: 3: 2 . On 31
-
3 2012

the

balance sheet of the firm was as follows :

Liabilities

Amount Rs

Assets

Amount Rs

Creditor

K’s Capital

L’s Capital

M’s Capital

30H000

40H000

36H000

32H000

Bank

MebWor猠 16H000

Le獳s: 偲ovi獩on 2000

BuilTing

倦 L
AIC

20H000


14H000

1H00H400

3H600


1H38H000


1H38H000

L reWireT from Whe firm on Whe following Werm猠:



The new profit sharing ratio between K and M will be 2: 1.

b)

Goodwill of the firm is valued at Rs 72,000 which is not to be shown the books.

c)

Provisions
for bad and doubtful debts is to be made @10%on debtors

d)

Creditors of Rs 4,000 will not be claimed.

e)

L is paid Rs 17,840 in cash and balance is transferred to his loan account.

f)

Capital of the new firm is fixed as Rs 60,000. Adjustment of capital be

made by opening
necessary current accounts.

Prepare Revaluation account , Partners capital account and Balance sheet of K and M

29.

A andB were partners in a firm sharing profits and losses in the ratio of 3: 2. On 1st

April 2009 their balance sheet was as f
ollows :






Liabilities

Amount `

Assets

Amount `

Workmen’s Compensation
FunT

CreTiWors

偲ofiW anT Lo獳sAIC

CapiWal AIC

A

7H000

28H000

15H000


50H000

30H000

Bank

Bill猠Receivable

MebWor猠
40H000

Le獳s 偲ovi獩on猠
2H000

3H000

14H000


38H000

30H000

45H000

B

Stock

Land and Building



1,30,000


1,30,000

C Was admitted as a partner on the above date .the new profit sharing ratio of A,B

and C was 4 ; 3: 2. C paid 10,000 as his share of goodwill and is to bring in 34,000 as
capital. It was agreed that :

a)

Stock to be valued at `40,000

b)

Provision for doubtful debts be reduced to` 1000

c)

An amount of `1,000 included in creditors is not likely t
o be claimed .

d)

Liabilities for workmen compensation is` 5,000

e)

It was further decided to adjust the capital of A and B on the basis of C’s capital
and new profit sharing ratio.

Prepare Revaluation Account , Capital accounts of the partners and the Balance S
heet of the
new firm.

30.

State any two circumstances when reconstitution of partnership takes place.



31.

Define Revaluation A/c.









32.

M,N

and O were partners sharing profits in the ratio of 2: 3: 4 with effect from 1st
January 2004 they agreed to share profits in the ratio of 1: 2: 3. Calculate each
partners gain or sacrifice due to change in ratio.






33.

L and M are sharing profits and loss
es in equal ratio . They admit N as a new partner
who takes 1/4th share from L and 1/8th share from M Calculate New profit sharing
ratio.



34.

A and B are partners sharing profits in the ratio of 3 : 2. They admit C into partnership
.C pays a premium of Rs.10
00 for 1/4th share. The new profit sharing ratio is 3: 3: 2.
Goodwill account appears in the books at Rs. 1000. Give necessary journal entry.


X , Y and Z are sharing profits and losses in the ratio of 5 : 3: 2, They decide to
share future profits and loss
es in the ratio of 2 : 3: 5 with effect from 1st April 2012.
They also decide to record the effect of the following accumulated profit , losses and
reserve without affecting their books figures by passing a single entry.




General Reserve




Rs 24000

Pro
fit and loss ( Dr)




Rs 6,000

35.

Asha ,Bela and Cheena were sharing profits equally. Their capitals were Rs 40,000 , Rs. 20,000
,Rs. 30,000 respectively. After closing the accounts for the year 2011 it was found that the
interest on capital @ 10% p.a was n
ot allowed before distributing the profits. It was decided
to pass a single journal adjusting entry to rectify the accounts of the previous year. Journalise.

36.

M and N are partners in a firm with capital of Rs 25,000 &Rs 50,000. They admit P for
1/5th shar
e in future profits. P brings Rs 25,000 as his capital . Calculate the goodwill
of the firm.


37.


X and Y are partners sharing profits and losses equally. They admit Z for 1/4th share by paying
Rs 5000 out of his share of Rs 9000 of goodwill . Goodwill alread
y appears at Rs 30,000. Give
the journal entries to record the above transaction.







38.

Following is the balance sheet of A,B and C as on 31st December 2008 who shared
profits and losses in the ratio of 2 : 2 : 1.









Liabilities

Amount`

Assets

Amount
`

Creditors

Capital Accounts

A

B

35,000


40,000

40,000

Goodwill

Building

Machinery

Stock

10,000

40,000

29,000

30,000

C

20,000

Debtors

Cash


21,000

5,000


1,35,000


1,35,000

They agreed to Admit

D as a partner giving him a share of 1/4th on the following condition.

(1)

D will bring Rs 10,000 for goodwill and Rs 25,000 for his share of capital

(2)

Machinery and stock are to be depreciated by 10%

(3)

5% provision is to be created on Sundry Debtors

(4)

Value of bui
lding to be increased to Rs 60,000

(5)

There was an unrecorded investment worth Rs 4000.

39.

Rajat and Ravi are partners in a firm sharing profits and losses in the ratio of 7: 3. Their
balance sheet as on 31st March 2007 is as follows:






Liabilities

Amount`

Assets

Amount`

Creditors

Reserves

Capital A/c

Rajat

Ravi

60,000

10,000


1,00,000

80,000

Cash in hand

Bank in hand

Debtors

Furniture

Stock

36,000

90,000

44,000

30,000

50,000


2,50,000


2,50,000


On 1stApril ,2007 they admitted Rohan

on the following terms:

(i)

Goodwill is valued at Rs 40,000 and Rohan is to bring in the necessary amount in cash
as premium for goodwill and Rs 60,000 as capital for 1/4th share in profits.

(ii)

Stock is to be reduced by 40% and furniture is to be reduced to 40%

(iii)

Capitals of partners shall be proportionate to their profit sharing ratio taking Rohan’s
capital as base. Adjustments of capital to be made by cash.

Prepare Revaluation account, Partner’s capital account and balance sheet of new firm.

40.

P ,

Q and R are partners sharing profits in the ratio of 3:2:1. Q retired from the firm.On
31st March 2008 , the balance sheet of the firm was as follows:

Liabilities

Amount

Assets

Amount


Workmen’s
compen獡Wion

SunTrX creTiWors

Bill猠paXable

偲oviTenW funT

CapiWal猠 P


Q


R


9H000

15H000

10H000

6H000

40H000

30H000

30H000

1H40H000

Bank

MebWor猠
10H000

Le獳s偲ovi獩on
㐰4

SWock

FurniWure

偬anWs

偲emi獥s

GooTwill

7H000


9H600

16H000

20H000

40H000

41H400

6H000

1H40H000



The following wa猠agreeT



Premises have appreciated by Rs 4600, stock depreciated by Rs 1000 and provision for
doubtful debts was to be made @5% on debtors. Liabilities for workmen compensation is R
s7500 and furniture to be brought upto

Rs 18000.

b)

Goodwill of the firm be valued at Rs 45,000

c)

P is paid through bank , if required necessary loan may be obtained from the bank

d)

New Profit sharing ratio of P and R is agreed as 5:1.

Prepare necessary ledger accounts and the balance sheet of the ne
w firm.


41.

A, B and C are partners sharing profits in teh ratio of 3:2:1. B retires on 31st December
2006. The amount due to him after necessary adjustment on retirement is Rs 36,000.
He is paid Rs 6,000 on the date of retirement and the balance is to be pai
d in three
equal annual instalments with interest @10% per annum.Prepare B’s loan accounts
for three years.


Theory Questions

42.

State any two occasions when reconstitution of a partnership firm takes place.

43.

How is a new partner admitted to a firm ?

44.

State any

one purpose for admitting a new partner in a firm.

45.

State any one right that a newly admitted partner acquires besides right to share
profit of the firm.

46.

Enumerate the various matters that need adjustment at the time of admission of a
partner.

47.

State the me
aning of sacrificing ratio.

48.

Unless given otherwise , what will be the ratio of sacrifice of the old partners in case
of admission of a new partner?

49.

Pawan and Jayshree are partners with ratio of 5: 4 . Bindu

is admitted for 1/4th share.
What is the ratio in which Pawan and Jayshree will sacrifice their share in favour of
Bindu?

50.

State the need for treatment of goodwill on the admission of a partner.

51.

State the reason for contributing for goodwill by a new partn
er at the time of his
admission.

52.

State any two reasons for the preparation of revaluation account on the admission of
a partner.

53.

Define Gaining Ratio along with formula

54.

Give two circumstances in which gaining ratio may be applied

55.

P,Q and R are partners sha
ring profits in the ratio of 3:2:1.P retires and his share is
taken by Q and R equally. Find the new ratio and gaining ratio.

New Profit Sharing Ratio

56.

A and B are partners sharing profits in the ratio of 5:4. They admit C for 1/9th share
which he acquires
from A. Find the new profit sharing ratio.

57.

A and B are partners in the ratio of 5 :4 . They admit C for 1/10th share which he
acquires in equal proportion from both. Find the new profit sharing ratio.

58.

Anita and Tina are partners sharing profits as 9 : 5. T
hey agree to admit chetan , their
manager into the partnership , who is to get 1/8 share in the profit. He acquires this
share as 1/12 from Anita and 1/24 from Tina. Calculate the new profit sharing ratio.

59.

A , B and C are partners in a firm sharing profits

in 3:2:1 ratio. They admitted D as a
new partner. Each partner surrenders 1/5 of his share in favour of D. Calculate new
profit sharing ratio.

60.

X and Y are partners in a firm sharing profits in the ratio of 2 :1. Z joins the firm . X
surrenders 1/4th of hi
s share and Y 1/5th of his share in favour of Z. Find the new

profit sharing ratio.

61.

R and T were partners in a firm sharing profits in the ratio of 3:2. S Joins the firm. R
surrenders 1/4th of his share and T 1/5th of his share in favour of S. Find the n
ew

profit sharing ratio.

62.

R and S were partners in a firm sharing profits in the ratio of 3: 1. They admitted T

and U as a new partner. R surrenders ½ of his share in favour of T and S surrenders ¼

of his share in favour of U. Calculate new profit profit
s sharing ratio.

63.

Revise Chapter 4 and 5 for Unit test 2






ARAVALI INTERNATIONAL SCHOOL

HOLIDAYS HOMEWORK

INFORMATICS PRACTICES

CLASS XII




Topic: Networking:

1.

Define any two threats to Network Security.

2.

Differentiate between Star and Bus Topology of
networks.

3.

Jai Khanna is confused between the terms Domain name and URL. Explain the difference with
the help of appropriate examples of each.

4.

Tara Nathan wants to upload and download files from/to a remote Internet server. Write the
name of the relevant co
mmunication protocol, which will let her do the same.

5.

Two doctors in the same room have connected their palm Tops using Bluetooth for working on a
group presentation. Out of the following, what kind of network they have formed?



LAN, MAN, PAN, WAN

6.

Which p
rotocol is used for the transfer of hypertext documents on the Internet?

7.


Which transmission medium should be used to transfer data across two continents at very high
speed?

8.

Two neighbouring schools, at a distance of 120 metres from each other, decide to j
oin their
LAN’s using UTP cable so that they can share their e
-
learning resources. But after joining their
LAN’s they are not able to share the resources due to loss of signal in
-
between. Which device
should they use so that signal is amplified in
-
between?


9.

Sujata says that the following numbers indicate an address:




208.77.188.166


10.

What is the above address called? To which object/device is it assigned

11
.
Ms. Taufiq Ahmed wants to prevent unauthorized access to/from his company’
s local area
network. Write the name of a system, which he should install to do the same.


12.

Which of the following is not the feature of networking?


(a) Resource Sharing (b) Uninterrupted Power Supply

(c) Reduced Cost (d) Reliability


13.

Identify the type of topology from the following:


(a) If each node is connected with the help of independent cable with the help of a central
switching.


(b) If each node is connected with the help of a single co
-
axial cable.


14
. Seven Brothers Fashion Inc. is a fashion company with design unit and market unit 130 metres
away from

each other. The company recently connected their LAN’s using Ethernet cable to share
the stock related

information. But after joining their LAN’s they are not able to share the
information due to loss of signal

in between. Which device out of the following should you
suggest to be installed for a smooth

communication?



(a) Modem (b) repeater (c)
Ups


15
. It is a technology on computer networks whose purpose is to prevent unwanted networking
connection

according to some filtering/blocking rules. What is it?


16.

Name these:


(a) It is a protocol/technology used to exchange files on Interne
t.


(b) It provides a set of rules to transfer files, videos, images etc over the World Wide Web.


17
. Identify the topologies from the following:




(i) In it the nodes from a circular path for data to travel and each node is connected to two
other nod
es.



(ii) In it devices are connected through hub and the control, hub is responsible for receiving and

transmitting data from each node to destination.


18
. Bola is confused as he is unable to find the name of a network of computers and other device
s
that is

confused to a relatively small space
---
an office. Help him do that.


19
. Most common communication protocol on Internet that ensures end
-
to
-
end communication, is?


20.

How is bandwidth measured on analog circuits and on digital?


21
. Wh
at type of address is the following? Also define it.





20 : B9 : F1 : 63 : 2F : FB


22.

What are DoS attacks?


23.

Name the protocol used for sending and receiving emails.


24
. An organization is planning to link its sale counter situ
ated in various parts of the same city. Which
type of

network out of LAN, MAN or WAN will be formed?


25
. Which topology provides each device with a point
-
to
-
point connection to every other device in the
network?


26.

An organization is planning to l
ink its head office situated in Delhi with the office at Srinagar.
Suggest an economic way to connect it, the company is ready to compromise on the speed of
connectivity.

Justify

your answer.


27
. When would you prefer hubs over repeaters?


28.

Which p
rotocol lets you log on to remote machine and runs specific application there?


29.

Which transmission medium is useful for sparsely populated areas?


30.

A device receives a signal on an electromagnetic or optical transmission medium, amplifies the
sign
al and

then retransmits it along the next leg of the medium, which device is this?


31
. Management of global village enterprise wants that the LAN segment in each of its buildings get a
dedicated bandwidth i.e bandwidth must not be shared. How can this b
e achieved?



32
. What is the unique name given to site that becomes site’s identification on Internet.



33
. Zoom developer’s wants to link its head office in Delhi to another office in Japan. What type of

network would this connection result into?


34
.

Which communication media would you suggest to be procured by a company for connecting its

local offices in New Delhi for every effective and fast communication?


35
. Write two disadvantages of twisted pair cables.


36
. How will you prevent/counter
threats to network security?



Topic: HTML
-
1 ,HTML
-
2 and XML

1.

Which HTML tag is used to insert a horizontal straight line on a web page?

2.

How is <p> tag different from <BR> tag in HTML?

3.

How are tags used in XML different from tags used in HTML? Write two poin
ts

4.

Mention the purpose of each of the following HTML tags:



<BR>, <LI>, <HR>, <TABLE>

5.

What is the use of <H1>tag in an HTML document?

6.

What is XML?

7.

What are the two table dimension tags?

8.

In order to add border to the table, BORDER attribute is specified in

which tag?

9.

What is the wrong with the following XML code:


<Email>


<To>
asc@yahoo.com</To
>


<Body> Hi am fine</Body>


</email>

10.

Differentiate between <UL> and <OL> tags?

11.

Compare XML and HTML in context of data st
orage and sharing?

12.

What is the difference between <Basefont> and <Font> tag?

13.

Which HTML tag is used to insert horizontal rule?

14.

What is the significance of root element in XML ?

15.

Write HTML code to produce a text area with 10 rows and 30 columns.

16.

Which attri
bute is used to give border to a table?

17.

What do you understand by elements and attributes of XML document?








ARAVALI INTERNATIONAL SCHOOL

Holiday Homework

Class XII

Political Science

Answer the following in short :

( Challenges in Nation Building )

1.

Name the three challenges India faced on the eve of independence .

2.

Mention two consequences of partition.

3.

Kashmir ‘s accession to India was signed by whom ?

4.

State Reorganisation Commission was formed on _________.

5.

Punjab was divided into __________, ___
_________ & ________on the basis of


language.

6.

Goa was a colony of _____________.

7.

Who was Potti Sriramulu ?


8. How was Junagarh integrated into India ?

9. Study the picture on page no.22 ( Coaxing the ginie back ) and answer the following questions :


a What does the picture states ?


b What was SRC ?


c. What were its recommendations ?


d. Do we need another SRC ?

10.

Study the map on pg. no. 20 and answer the following questions :


1. When did the reorganization of states took place for the first

time in India ?


2. What was the basis of this re
-

organization ?


3. Name any 5 British Indian princely states before the independence of India .


4. Name the 2 states that took the shape of Pakistan.


11. Match the following :



1. Bilingual Bombay sta
te



a. Hindi and Punjabi speaking



2. Punjab





b. Assam



3. Meghalaya





c. Gujarati and Marathi speaking people




4. Nagaland





d. 1963

2.

Why were the Indian leaders reluctant in regard of linguistic basis of reorganization of states in
India in

the early years of our independence ?

13.

Study the picture given on pg.no.9 of your textbook and answer the following questions :



a. What does the picture depict ?



b. What do you understand by communal zones ?



c. Name the cities that developed i
nto communal zones during partition on India.



d. Sate any two difficulties faced by the refugees during the partition.

14.

Study the picture given on pg 21 of your textbook and answer the given questions :



a. What does the picture show ?



b. What st
ep does the government take in order to sort out this problem ?



c. Name the first state to be created on linguistic basis? When was it carved out and from


which original state.


15.

What was the Two Nation Theory ?

Who forwarded it ? what was its outcome ?

Answer the following questions in short


( Era of Dominance )

1.

When were the first general elections held in India ?

2.

When did the constitution of India come into effect ?

3.

Name the first Chief Election Com
missioner in India .

4.

Since when did India took to Electronic Voting Machines ( EVMs) ?

5.

State any two challenges that India faced during the first general elections .

6.

What was the verdict of the First General Elections in India ?

7.

Which party cam
e up as the largest opposition party in these elections ? how many seats did it win
?

8.

Name the states in which Congress could not secure majority in the first state assembly elections.

9.

Give any two reasons for the domination of Congress in the early
years of electoral politics in
India.

10.

Name the type of electoral system in India that artificially boosted the victory of Congress.

11.

Name the political party in Mexico whose rule is described as “the perfect dictatorship “.

12.

Name the countries w
here the constitution permits only a single party to rule.

13.

Name any three countries where legal and military measures led to one
-
party dominance.

14.

Earlier we had coalition in a party ( Congress as social & ideological coalition ). How did it differ
ed
from the coalitions witnessed in the present times ?

15.

Study the picture given on pg 40 of your textbook and answer the given questions



a.


What does the picture depicts ?


b. Why was the opposition not able to topple the ruling government ?


c.



Identify any three leaders sitting on the tree and any three trying to topple the tree.


d. What does the tree signify in the picture ?


e. Discuss the role of opposition parties in the early years of Indian politics.

16.

Study the map given on pg 31 of

your textbook and answer the following questions :


a.

Name any four states ruled by Congress during 1952
-
67.


b. Name the state where Congress was defeated in 1957. Which party formed the govt there ?
Who was the leader of this party ?


c. When and on what grounds was the govt in this state later dismissed ?


d. Name the other state where opposition party performed reasonably well.

17.

Match the following :


1. Maulana Abul Kalam Azad



a. Chairman Drafting Committee


2. Rajkumari Amrit K
aur



b. Food and Agriculture minister


3. Dr. B R Ambedkar




c. Health minister


4. Rafi Ahmad Kidwai




d. Education minister


5. Acharya Narendra Dev



e. President of the Congress Socialist Party


6. A K Gopalan





f. Communist leader


7. Deen Daya
l Upadhyaya



g. First Indian Governor General of India.


8. C Rajagopalachari




h. Founder member of BJS


9. Shyama Prasad Mukherjee



i. Founder of BJS & Leader of Hindu









Mahasabha

18.

Study the picture on pg 28 of your textbook and answer th
e given questions :


a.

What does the cartoonist want to show ?


b. Name any five leaders that have been shown in the cartoon.


c. What was the main function of the Election Committee ?

19.

Give any two ideologies each of the different opposition parties d
uring the early period of Indian
politics.


ARAVALI INTERNATIONA
L SCHOOL

HOLIDAY HOMEWORK


Class XII


Subject


Mathematics

TOPIC
-


1.

Continuity & Differentiability

2.

Application of Derivative

3.

Integrals

4.

Area Under the Curves

5.

Differential Equation