SECTION A (10 3 = 30 marks) Answer ALL questions. All questions carry equal marks. ]À»øµ öµõup zup GßÓõÀ GßÚ? õus S õ Ä ØÔ ]Ö SÔ ÁøµP.

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1 OCTOBER 2011 Time : Three hours Maximum : 100 marks SECTION A (10 3 = 30 marks) Answer ALL questions. All questions carry equal marks. 1. (a) Define Accounting. PnUQ À Áøµ Ö. (b) (c) (d) (e) (f) (g) (h) (i) (j) Define Ledger. µk Áøµ Ö. What is Petty cash book? ]À»øµ öµõup zup GßÓõÀ GßÚ? What is Balance Sheet? C {ø» SÔ GßÓõÀ GßÚ? What is Financial Statement Analysis? {v AÔUøP B Ä GßÓõÀ GßÚ? Write short notes on Trend Analysis. õus S õ Ä ØÔ ]Ö SÔ ÁøµP. What do you understand by Operating Ratios? C UP ÂQu[PÒ SÔzx }Âº x öpõshx GßÚ? State any four limitations of Ratio Analysis. ÂQu B Âß H uý õßs SøÓ õkpøí SÔ kp. What is Budgetary Control? ÁµÄ ö\»ä vmhu Pmk õk GßÓõÀ GßÚ? Define Marginal Costing. CÖv{ø» ö\»ä Gß øu Áøµ Ö.

2 SECTION B (5 6 = 30 marks) Answer any FIVE questions. All questions carry equal marks. 2. What are the differences between Cost Accounting and Management Accounting? AhUPÂø» PnUQ ¾US,»õsø PnUQ ¾US EÒÍ ÁÖ õkpò õøá? 3. Explain the main tools of Management Accounting.»õsø PnUQ ¼ß UQ P ÂPøÍ ÂÁ. 4. Explain any four accounting concepts. PnUQ ¼ß H uý õßs Põm õkpøí ÂÁ. 5. What are the advantages of Subsidiary books? xøn HkPÎß ßø PÒ õøá? 6. Give a description of profitability ratios. C»õ z ußø ÂQu[PÒ ØÔ SÔ ÁøµP. 7. What is Contribution? Explain its importance. [PÎ GßÓõÀ GßÚ? Auß UQ zxázøu ÂÍUSP. 8. What is Cash flow statement? What are its uses? öµõup Kmh AÔUøP GßÓõÀ GßÚ? Auß ßPÒ õøá? SECTION C (2 20 = 40 marks) Answer BOTH questions. All questions carry equal marks. 9. (a) From the following Trial balance, prepare Trading, Profit and Loss A/c for the year ended and a Balance Sheet as on that date : Trial Balance 2 Purchase 11,870 Capital 8,000 Debtors 7,580 Bad debts recovered 250 Returns inward 450 Creditors 1,250

3 Bank deposit 2,750 Returns outwards 350 Rent 360 Bank overdraft 1,570 Salaries 850 Sales 14,690 Traveling expenses 300 Bills payable 1,350 Cash 210 Stock 2,450 Discount allowed 40 Drawings 600 Adjustments : 27,460 27,460 (i) The closing stock on was 4,200. (ii) Write off 80 as bad debts and create a reserve for bad debts at 5% on sundry debtors. (iii) Three month rent is outstanding. R Ç uµ mkòí C õ Â¼ x 2008 i\ º 31&B õ Íõk iáøh² BskUS Â õ õµ, C»õ mhu PnUøP², A õøí C {ø»u SÔ ø ² u õº ö\ P : C õ Ä ¹. ¹. öpõò uà 11,870 uà 8,000 PhÚõÎPÒ 7,580 ÁµõUPhß Á`À 250 EÒv 450 PhÜ uõº 1,250 Á[Q øá 2,750 öáîzv 350 ÁõhøP 360 Á[Q ÀÁøµ ØÖ 1,570 \ Í 850 ÂØ øú 14,690 õusáµzx ö\»äpò 300 ö\. õ. ^mk 1,350 öµõup 210 \µuq 2,450 AÎzu Ámh 40 Gk ,460 27,460 3

4 \ PmkuÀPÒ : (i) AßøÓ \µuq ¹. 4,200. (ii) ¹. 80 ÁµõUPhß E ÁõUSP ¾ PhÚõÎPÒ «x 5% JxUS E ÁõUSP. (iii) 3 õu ÁõhøP {¾øÁ À EÒÍx. Or (b) Following are the Balance Sheets of a partnership firm : Liabilities Assets Partner s capital 88,000 1,32,000Cash 4,800 4,000 General reserve 6,000 9,000Debtors 36,500 39,100 P & L A/c 19,500 20,800Stock 22,100 26,000 Loan 26,000 Furniture 2,400 1,500 Creditors 43,300 47,300 Machinery 35,600 51,300 Building 55,400 1,13,200 1,56,800 2,35,100 1,56,800 2,35,100 Depreciation written off during the year was as under : Machinery 12,800; Furniture 400. Prepare Fund flow statement. J Tmhõsø {Ö zvß C {ø»u SÔ PÒ ßÁ õö : ö õö PÒ ö\õzxupò ¹. ¹. ¹. ¹. TmhõÎPÎß öµõup 4,800 4,000 uà 88,000 1,32,000 PhÚõÎPÒ 36,500 39,100 ö õxu Põ 6,000 9,000 \µuq 22,100 26,000 C/ P/S 19,500 20,800 øú xøn Phß 26,000 ö õ mpò 2,400 1,500 PhÜ uõº 43,300 47,300 C vµ 35,600 51,300 Pmih 55,400 1,13,200 1,56,800 2,35,100 1,56,800 2,35,100 C u BsiÀ GÊu mh u õú ØÔ ÂÁµ ßÁ õö : C vµ ¹. 12,800; øú xøn ö õ mpò ¹ {v Kmh AÔUøP øú u õ UPÄ. 4

5 10. (a) For the production of 10,000 units the following are budgeted expenses : Per Unit Materials 70 Labour 25 Variable overheads 20 Fixed overheads ( 1,00,000) 10 Variable expenses (Direct) 5 Selling expenses (10% fixed) 13 Distribution expenses (20% fixed) 7 Administration expenses ( 50,000 fixed) 5 Total cost 155 Prepare a Flexible budget for the production of 8,000 units. 10,000 A»SPÒ EØ zv ö\ z vmhªh mh ö\»ä mi À ßÁ õö : A»S JßÖUS» ö õ mpò 70 T¼ 25 õö Øö\»ÄPÒ 20 {ø» õú Øö\»ÄPÒ (¹. 1,00,000) 10 µi õö ö\»äpò 5 ÂØ øúa ö\»äpò (10% {ø» õúx) 13 Â{ õpa ö\»äpò (20% {ø» õúx) 7 {ºÁõPa ö\»äpò (¹. 50,000 {ø» õúx) 5 ¹. ö õzu ö\»âú 155 8,000 A»SPÒ EØ zv ö\ õö k vmh mi ø»z u õ UPÄ. Or 5

6 (b) You are given the following information : Output and sales (10,000 units) 2,00,000 Variable cost per unit 12 Fixed cost 40,000 It is proposed to reduce the selling price by 10%. (i) (ii) Calculate present and future P/V ratio. Calculate present and future break-even points. (iii) Compute the sales volume to maintain the present profit level. RÌUPõq ÂÁµ[PÒ öpõkup mkòíx : EØ zv ØÖ ÂØ øú (10,000 A»SPÒ) ¹. 2,00,000 J A»QØPõÚ õö AhUPa ö\»ä ¹. 12 {ø»a ö\»ä ¹. 40,000 ÂØ øú Âø» À 10% SøÓ uõp GvºPõ»z vmh EÒÍx. (i) uø õøu ØÖ GvºPõ»zv C»õ ØÖ ÂØ øú ÂQuzøu PoUPÄ. (ii) uø õøu ØÖ GvºPõ»zv C»õ -& mh ØÓ ÒÎø U PoUPÄ. (iii) uø õøu C»õ zøu GvºPõ»zvÀ ö Ó ö\ UTi ÂØ øú v ø PoUPÄ. 6

PART A (10 2 = 20 marks) Answer ALL the questions. All questions carry equal marks. Answer to each question should not exceed 50 words.

MAY 2011 Time : Three hours Maximum : 100 marks PART A (10 2 = 20 marks) Answer ALL the questions. All questions carry equal marks. Answer to each question should not exceed 50 words. 1. State the objectives