As you are looking for question papers of CA CPT Exam held in December, so here I am providing last year question paper:

CA CPT Exam December 2015 Question Paper

Part A – Fundamentals of Accounting
01. Interest Receivable from Karan, borrower a/c in:
(a) Artificial Personal (b) Natural Personal
(c) Representative Personal (d) None of the above

02. As per Traditional approach, which is odd one out:
(a) Building (b) Purchases
(c) Sales (d) Trade Receivables

03. A started business with cash 10,000 and furniture’s 2,000.Total sales were 50,000 including 5,000 cash sales.10,000 were outstanding at the end of the year. Total purchases 30,000 including 10,000 cash purchases 15,000 were paid to the suppliers. Expenses paid amounted to 19,000 Total of trial balance is :
(a) 67,000 (b) 80,000
(c) 57,000 (d) 75,000

04. Trade discount availed on purchase of goods:
(a) Recorded in Cash Book (b) No where
(c) Recorded in Sales Book (d) Purchase Book

05. When overdraft as per Cash Book is given wrong debit in Pass Book will :
(a) Added in BRS (b) ND effect in BRS
(c) Subtracted in BRS (d) None of these

06. The unexpired portion of capital expenditure is shown as:
(a) Asset (b) Liability
(c) Expense (d) Income

07. Which of the following is correct?
(a) Liabilities = Capital + Assets (b) Capital = Assets - Liabilities
(c) Capital = Assets + Liabilities (d) Assets = Liabilities – Capital
08. X of Kolkata sends out certain goods to Y of Mumbai at cost + 25%. 1/2 of the goods received by Y is sold at Rs. 1,76,000 at 10% above invoice price. Invoice value of goods sent out is:
(a) Rs. 3,00,000 (b) Rs. 3,20,000
(c) Rs. 1,80,000 (d) Rs. 3,40,000

09. If a purchase return of Rs. 3500 has been wrongly posted to the debit of the sales return account, but had been correctly entered in the suppliers account, the total of the trial balance would show:
(a) the credit side to be Rs.84 more than debit side.
(b) the debit side to be Rs.84 more than credit side.
(c) the credit side to be Rs.168 more than debit side.
(d) the debit side to be Rs.7000 more than credit side.

10. Legal expenses incurred on a suit for breach of contract to supply goods is a:
(a) Capital expenditure (b) Deferred expenditure
(c) Revenue expenditure (d) Both (a) and (c)

Sept. Oct.
11. Opening stock = 4,60,000 6,42,000
Cash Sales = 84,000 98,000
Credit Sales = 1224000 13,58,000
Gross margin percentage is 33.33% on cost:
Calculate purchase in September:
(a) 11,63,000 (b) 10,54,000
(c) 12,15,000 (d) None of these
12. As per section –companies Act 2013, financial statement inter-alia do not include:
(a) B/S (b) P & L
(c) Fund Flow (d) Statement of Equity if applicable

13. Using Adjusted selling price method. Find closing stock at historical cost:
Purchase = 7,00,000
Opening Stock & Direct Exp. = Nil
Sales = 8,00,000
Closing Stock at selling price = 200,000
(a) 1,40,000 (b) 1,80,000
(c) 2,40,000 (d) 1,00,000

14. Which of these is wrong about perpetual Inventory system:
(a) Cost of goods sold is taken as residual figure, it includes loss of goods during the year
(b) Inventory can be determined without effecting operation of business
(c) Inventory control can be exercised
(d) Continuous information about inventory

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