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Book-keeping, I. — For Civil Service Senior. Time allowed : Three hours. Ii Give a short description of book-keeping by double entry. 2. What is a trial balance-sheet, and how far does a trial balance-sheet show the accuracy of the books ? 3. What are real accounts, nominal accounts, and personal accounts ? Classify the following: General expenses, plant, bills receivable, W. Jones, Customs duties, depreciation, J. Smith, land, merchandise. 4. From what class of accounts are the entries in profit-and-loss accounts obtained ? 5. Explain the following : Nominal capital, subscribed capital, paid-up capital, preference shares, cumulative preference shares, debentures, mortgage debentures. 6. What are preliminary expenses, and how are they usually dealt with in a company's balance-sheet ? 7. How is the capital of a partnership ascertained ? 8. What is meant by the columnar or tabular system of book-keeping, and how is it applied in journalizing ? 9. Name some of the principal books, the statistical books, and the subsidiary books of a company ? 10. What system of book-keeping enables a person to ascertain in the shortest and most reliable manner the state of his affairs and the results of his business operations ? Give reasons for'your answer.

Book-keeping, ll. — For Civil Service Senior. Time allowed : Three hours. 1. Make out a list of assets and liabilities from the following statement: Smith owes me £28 ; Green owes me £147 ; I own land valued at £500; I have bills receivable on hand, £402 ; my trade-expenses account stands in debit £53 ; rent accrued is £12 10s.; I owe Johnson £158 and Turnbull £40; I have cash in the bank, £167 ; and my plant is valued at £325. 2. Messrs. Brown and Smith's trial balance-sheet for the year ending 30th April, 1902, is as follows :— £ £ Stock (30th April, 1901) .. .. 8,000 Brown's capital .. .. .. 3,000 Customs duties .. .. .. 580 Smith's capital .. .. .. 1,000 Purchases .. .. .. .. 15,000 Bank .. .. .. .. 530 General expenses .. .. .. 390 Sales of goods .. .. ..19,030 Wages and salaries .. .. .. 1,230 Bills payable .. .. .. 4,000 Interest and discount .. .. 450 Sundry creditors .. .. .. 1,740 Sundry debtors .. .. .. 2,950 _____-— Brown's drawings .. .. .. 400 "— Smith's drawings .. .. .. 300 — " " £29,300 £29,300~ The stock on 30th April, 1902, was valued at £7,550. Interest is to be allowed on each partner's capital at 5 per cent, per annum. Make out the trading account, profit-and-loss account and balance-sheet. If Brown receives f and Smith fof the net profit, what is the position of the partners at the time of balancing ? 3. Write out the form of (a) a promissory note, (b) an acceptance, (c) a bill of exchange (sola) 4. Turnbull and Co. received from Elder Bros., London, 100 saddles, f.o.b for sale and returns ; the pro formd invoice was £500. The goods arrived in Wellington on 4tb July and duty and port charges amounting to £48 were paid by the consignees ; on 20th July the consignees sold at three months, under ordinary terms of business, to the value of £380; on 4th September they sold for cash to the value of £180, and on 4th October the balance for £25 cash. Make out the account-sales, charging 5 per cent, commission and 2J per cent, del credere. Find the average due date, and remit the balance by draft, less 1 per cent, exchange. ° 5. A company has a capital of £10,000 in 1,000 shares of £10 each. £1 a share was paid on application, and all the shares have been allotted ; of the allotment money of £1 a share only £700 has been paid, and on the first and second calls of £1 a share each only £700 a call has been paid ■ 300 shares belonging to Brown have been forfeited for non-payment of calls. Show all the journal entries, and re-state the capital of the company.

Precis-writing and Correspondence.—For Civil Service Senior. Time allowed: Three hours. Answer all four questions. Avoid redundancy. Write legibly. 1. " Minute " the accompanying correspondence. 2. The permanent head of the Department has to submit a memorandum on the subject to Ministers : he must be made acquainted with all important facts and opinions, and must know by whom and to whom they were stated, and when. Write a precis which shall enable him to submit a memorandum without having to go through all the correspondence. 3. Make an index of the correspondence. 5—E. la.

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