RECRUITMENT, SELECTION AND TRAINING — Commercial Studies STD 10 — Question

What is meant by sales promotion? Explain its importance.

Describe the merits and limitations of rail transport.

The following is the trial balance of Harinath's business, for the year ending 31 March 2023:

	Debit (₹)	Credit (₹)
Capital		9,790
Drawings	2,100
Debtors and Creditors	8,220	6,470
Cash and Bank Balance	240	660
Discounts	340	210
Purchases and Sales	10,270	16,620
Factory Premises	5,500
Wages and Salaries	1,880
Office Furniture	1,000
Stock as on (1/4/2022)	3,120
General Expenses	210
Rates and Insurance	270
Returns Inwards and Outwards	1,500
Bad Debts	100
	34,750	34,750

Prepare the trading account and the profit and loss account for the year ended 31-3-2023, together with the balance sheet as on that date.
Stock on 31-3-2023 valued at ₹5,690.

Briefly, explain any five benefits of advertising to producers.

Discuss the merits and limitations of performance appraisal.

Write any five expectations of the General Public or Society from a Business Enterprise.

Describe any two sources of Internal Recruitment

Distinguish between Primary Market and Secondary Market.

The following is the trial balance of Miss H. Seattle as on 31st December, 2022.

	Debit (₹)	Credit (₹)
Salaries	5,500
Wages	33,000
Returns Accounted	10,000	8,000
Carriage Inwards	12,000
Carriage Outwards	10,000
Rent	3,300
Insurance	7,000
Stock on (1/1/2022)	15,000
Rates and Taxes	2,700
Power and Fuel	8,000
Plant and Machinery	1,00,000
Furniture and Fixtures	10,000
Purchases	1,20,000
Sales		2,05,000
Investments (long-term basis)	80,000
Income from Investments		10,000
Commission Receipts		12,000
Discount to Customers and from Creditors	4,000	6,000
Bad Debts Written off	2,000
Cash in Bank	25,000
Cash in Hand	500
Capital		2,20,000
Debtors' and Creditors' Personal Accounts	52,000	39,000
	5,00,000	5,00,000

Compile the final accounts for the owner, after attending to the adjustment given below.
(i) Closing stock is evaluated at the lower market price 42,000 ignoring the cost price, which is higher by ₹4,000.

Prepare a Trading, Profit and Loss account of Mr. ABC for the year ending on 31st March, 2023 and a Balance Sheet as on 31 March, 2023.

Particulars	Amount (Dr.) (₹)	Amount (Cr.) (₹)
Capital		80,000
Drawings	4,000
Cash at Bank	4,700
Purchase	66,000
Sales		1,15,000
Purchase Returns		3000
Sales Returns	6,000
Discount	1,200
Carriage Outwards	1,800
Salaries	18,000
Trade expenses	3,600
Opening stock	15,000
Bad debts	1,800
Rent	4,500
Machinery	1,08,000
Furniture	18,000
Debtors	12,000
Creditors		30,000
Stationery	7,500
Commission received		900
Loan		43,200
	2,72,100	2,72,100

Closing stock on 31st March, 2023 was valued at 78,000.