I ECO-2. No. of Printed Pages : 8. BACHELOR'S DEGREE PROGRAMME Term-End Examination December, 2015 ELECTIVE COURSE : COMMERCE ECO-2 : ACCOUNTANCY-I
|
|
- Tracy Richard
- 5 years ago
- Views:
Transcription
1 No. of Printed Pages : 8 I ECO-2 co co BACHELOR'S DEGREE PROGRAMME Term-End Examination December, 2015 ELECTIVE COURSE : COMMERCE ECO-2 : ACCOUNTANCY-I Time : 2 Hours Maximum Marks : 50 Weightage : 70% Note : Attempt any four questions, including question no. 1 which is compulsory. 1. Answer any two of the following : 7+7 (a) (b) (c) (d) Distinguish between Single Entry System and Double Entry System of Accounting. What is the difference between Receipts and Payment Account and Income and Expenditure Account? Explain. Explain the concepts of 'Conservatism and 'Consistency' with examples. State the difference between Capital Expenditure and Revenue Expenditure. ECO-2 1 P.T.O.
2 2. (a) What is 'Net Worth'? How is it computed? Explain with an example. (b) What do you understand by Self-Balancing System? State its advantages On 1st April, 2013 a firm of Sportswear, Delhi 12 sent a consignment of 500 swimming suits to M/s Ram Niwas and Sons of Kanpur (consignee) valuing Z 1,25,000. The consignor incurred an amount of Z 1500 in sending the goods to the consignee. At the end of the month, the consignee sent a statement of sales showing that 400 suits were Z 350 per suit and his selling expenses amounted to Z The consignee is entitled for a commission of Z 25 per suit sold. The unsold stock is to be valued at cost plus proportionate expenses. The consignee had also spent Z 500 on consignment received. You are required to show necessary ledger accounts in the books of the consignor. 4. From the following Ledger Balances extracted 12 from the books of a proprietor as on 31st March, 2013 prepare the Trading and Profit and Loss Account for the year ending on and also the Balance Sheet after taking into account the following additional information : ECO-2 2
3 Name of Ledger Account Debit Credit Balance (Z) Balance (!) Capital 8,00,000 Sales 15,00,000 Return inward Purchases 7,65,000 Return outward Stock ( ) Land and Building 8,00,000 Plant and Machinery 4,00,000 Furniture and Fixtures 1,50,000 Wages Carriage inward Salaries Rent Interest on loan Discount 5000 Bad debts 5000 Interest on Investment 9500 Cash in hand Cash at Bank Investments Debtors 1,52,000 Creditors 2,00, Bills Receivable and Payable Loan 2,50,000 Total 27,96,500 27,96,500 ECO-2 3 P.T.O.
4 Additional Information : (a) Unsold stock on , Z 1,75,000. (b) Depreciate : Plant and 15% Furniture and 15%. (c) Provide Bad debt 5%. (d) Outstanding Rent, 13, On January 1, 2010, a firm purchased a Machine 12 for Z 75,000 and spent Z 5,000 on its erection. On 1st July, the same year, a second machine was purchased for Z 40,000. On 1st July 2011, the firm sold the machine which had been purchased on , for Z 55,000. On July 1, 2012, a new plant costing Z 60,000 was added and the machinery purchased on 1st July 2010 was disposed off for Z 30,000. Firm charges depreciation 10% on fixed instalment basis. Prepare Machinery Account for 3-years showing balance as it would appear on Write short notes on any two of the following : (a) Joint Venture as a temporary partnership. 6+6 (b) Secret reserves. (c) Selection of a method of charging depreciation. (d) Types of Assets. ECO-2 4
5 FrI21 : 2 hiu 37A1M74 37W : 50 Tff : 70% *F. : fin.6' d1t 7. r7-q# SR/ til&-ll Ffifi6 e 3t i 1. ri tgc-f -14 fffftir : 7+7 (a) 7T-0' A-ur ITT-A' -z7r ITT' ,sit-IIL; 1 (b) Trcii i yrdri tgicif dgf 31{-0444 (Aid' qzrf 31'7 t? cqrsql Tri-A7 I (c) 72TIch(c\4cl dqwul t.se41W-A7 I (d) ttttd owl 72TT t 3 ECO-2 5 P.T.O.
6 2. (a) f549 Tn7fff (Net Worth) -A qzif t? (-44-i44 dial t? v* dqiui (b) TE1 TIVfft (Self-Balancing System) 74 31rq izrr Tr1750 t? 77t 'ffri4 Z"gi.-tr-A k 2013 qc-ci 12 1:Fri AR f ( 11-rEft) 1,25,000 t 500 itui TV Traci f*-7i mac ER z 1,500 oiq f fff tif?4,rnfirfa --tur -Tq" f-<a-r-zrr 7Tzfi ft td 350 Tit T{ A cif z 8,000 fdwzt od44 ft I th art 7 writa- 3Tr --*-R)- t I F.4-11 fq--k 1-11C1 ITT itc1.1;-1 rwid s Trfd-W &ft t 3747Tri f*--41. zildr t IiffErt 500 taqui 3171.Ft-4 ift oi4 rr,1 01 tt.71ā t tr77 I 4. f, 77-* (gcf 7)1# 12 (31 HI -ci, 2013 lit) 37T0T TP7T7Ala (41(4 17it -gftat aqrr R --tr--a7 ECO-2 6
7 "LA..R (gi wr 9-Ft trqz in (Z) *ftz ilq (Z) - 8,00,000 fawzr - 15,00, arm W arcrt.dtch ( ) 35,000-7,65, ,000 80,000 - IIITE a %Taff 8,00,000 - Lei Id Trvffit TOW.q. f44 cmivit ,00,000-1,50,000-70, T4W ,000 - q1-1 48,000-1-*--uzir 35,000 - itut ITT Cell Zr z (WA) I-4ff WTI 4 T ITT.441,4 15,000-5,000-5, ,500 tr*3-tti 21,500 - 'I, *(E 55,000 - MT -Kit r')-kr 75,000-1,52, ,00,000.wf-d 50, ffuErF AT t4 iq.1 20,000 15,000.t. [ - 2,50,000 T 27,96,500 27,96,500 ECO-2 7 P.T.O.
8 3ifer4w *Lull : (a) T 3TF-4-7 HIc1 1,75,0001 (b) Loid 1:171-9-# 15%, 791-4T fvtatieit 15% I (c) 317h74 fa7 t974 7T 5% cM7 f*-zif t1 (d) 3 f*-tt7t 13, d1, 2010.") , Z Rit rziq ci4ir,114, f-*7 d ,000 afft 14'47 TgfTt I '") T 1"t , frt1 f{ f 60,000 ' 'ff2tt 1 Ac c 30, fa-0:17 f*-77 (Fixed instalment) tqfq. 3INTT 'T 10% 7fff itc-.44vfl tl a1-1 1: /TM T TT -7)7 f<u F-1 r(5 CI 14 ft-4: Tffk,p7 fz wfurz.ii f7ft i7 6+6 (a)t47( dkistoi, T:ft7ft tco-i 14 (b) T 71. (Secret reserves) (c) 4-1C-1 W4 f-qrq q (d) 4Ct4I.1 rig t 7TTT ECO-2 8
BACHELOR'S DEGREE PROGRAMME Term-End Examination GO December, 2011 ELECTIVE COURSE : COMMERCE ECO-2 : ACCOUNTANCY-I
No. of Printed Pages : 7 ECO-2 BACHELOR'S DEGREE PROGRAMME Term-End Examination GO December, 2011 ELECTIVE COURSE : COMMERCE ECO-2 : ACCOUNTANCY-I - Time : 2 hours Maximum Marks : 50 Note : Attempt any
More informationBACHELOR'S DEGREE PROGRAMME Term-End Examination June, 2018 ELECTIVE COURSE : COMMERCE ECO-002 : ACCOUNTANCY-I
LO co CO C.1 No. of Printed Pages : 11 BACHELOR'S DEGREE PROGRAMME Term-End Examination June, 2018 ELECTIVE COURSE : COMMERCE ECO-002 : ACCOUNTANCY-I IECO-002 Time : 2 Hours Maximum Marks : 50 Weightage
More informationBACHELOR'S DEGREE PROGRAMME Term-End Examination December, 2014 ELECTIVE COURSE : COMMERCE ECO-2 : ACCOUNTANCY-I
No. of Printed Pages : 8 ECO-2 BACHELOR'S DEGREE PROGRAMME Term-End Examination December, 2014 ELECTIVE COURSE : COMMERCE ECO-2 : ACCOUNTANCY-I Time : 2 Hours Maximum Marks : 50 Weightage : 70% Note :
More informationBACHELOR'S DEGREE PROGRAMME Term-End Examination June, 2011 ELECTIVE COURSE : COMMERCE ECO-14 : ACCOUNTANCY-II
No. of Printed Pages : 8 ECO-14 C\J 00 ct- C:) BACHELOR'S DEGREE PROGRAMME Term-End Examination June, 2011 ELECTIVE COURSE : COMMERCE ECO-14 : ACCOUNTANCY-II Time : 2 hours Maximum Marks : 50 Note : Attempt
More informationBACHELOR'S DEGREE PROGRAMME. Term-End Examination December, 2013 ELECTIVE COURSE : COMMERCE ECO-14 : ACCOUNTANCY-II
No. of Printed Pages : 11 ECO-14 CD CD BACHELOR'S DEGREE PROGRAMME Term-End Examination December, 2013 ELECTIVE COURSE : COMMERCE ECO-14 : ACCOUNTANCY-II Time : 2 hours Maximum Marks : 50 Weightage : 70%
More informationBACHELOR'S DEGREE PROGRAMME H-1 Term-End Examination CD June, 2015 i1"-- f=) ELECTIVE COURSE : COMMERCE ECO-2 : ACCOUNTANCY-I
No. of Printed Pages : 11 ECO-2 BACHELOR'S DEGREE PROGRAMME H-1 Term-End Examination CD June, 2015 i1"-- f=) ELECTIVE COURSE : COMMERCE ECO-2 : ACCOUNTANCY-I Time : 2 Hours Maximum Marks : 50 Weightage
More informationPaper - 1 Fundamentals of Accounting
Paper - 1 Fundamentals of Accounting Chapter 1 : Accounting : An Introduction Unit 2 : Accounting Concepts, Principles and Conventions [1] What is the objective of conservatism? (a) Take all incomes and
More informationMTP_Intermediate_Syllabus 2016_Dec 2017_Set 2 Paper 5- Financial Accounting
Paper 5- Financial Accounting Academics Department, The Institute of Cost Accountants of India (Statutory Body under an Act of Parliament) Page 1 Paper 5- Financial Accounting Full Marks : 100 Time allowed:
More informationFINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING Roll No : 1 : 153 Time allowed : 3 hours Maximum marks : 100 Total number of questions : 8 Total number of printed pages : 8 NOTE : Answer SIX questions including Question No.1 which
More informationBACHELOR'S DEGREE PROGRAMME Term-End Examination June, 2015
No. of Printed Pages : 7 ECO-11 BACHELOR'S DEGREE PROGRAMME Term-End Examination June, 2015 ELECTIVE COURSE : COMMERCE ECO-11 : ELEMENTS OF INCOME TAX Time : 2 hours Maximum Marks : 50 Note : Question
More information: 1 : Time allowed : 3 hours Maximum marks : 100. Total number of questions : 8 Total number of printed pages : 8
Roll No : 1 : 153 Time allowed : 3 hours Maximum marks : 100 Total number of questions : 8 Total number of printed pages : 8 NOTE : Answer SIX questions including Question No.1 which is compulsory. All
More informationMTP_Intermediate_Syllabus2016_Dec2018_Set1 Paper 5- Financial Accounting
Paper 5- Financial Accounting Dos, The Institute of Cost Accountants of India (Statutory Body under an Act of Parliament) Page 1 Paper 5- Financial Accounting Full Marks : 100 Time allowed: 3 hours Section
More informationEND-TERM EXAMINATION
(Please Write your Exam Roll No. immediately) Exam. Roll No... END-TERM EXAMINATION DECEMBER 2006 Exam Series code: 100415DEC06200459 Paper Code : MCA-109 Subject: Financial Accounting Time: 3 Hours Maximum
More informationPTP_Intermediate_Syllabus2012_Dec2015_Set 2 Paper 5- Financial Accounting
Paper 5- Financial Accounting Directorate of Studies, The Institute of Cost Accountants of India (Statutory Body under an Act of Parliament) Page 1 LEVEL B PTP_Intermediate_Syllabus2012_Dec2015_Set 2 The
More informationPostal Test Paper_P5_Intermediate_Syllabus 2016_Set 2 Paper 5 Financial Accounting
Paper 5 Financial Accounting Academics Department, The Institute of Cost Accountants of India (Statutory Body under an Act of Parliament) Page 1 Paper 5 - Financial Accounting Full Marks:100 Time allowed:
More informationFinancial Accounting. RollNo... Time allowed : 3 hours Maximum marks : 100. Total number of questions : 8 Total number of printed pages : 7
Financial Accounting : 1 : RollNo... Time allowed : 3 hours Maximum marks : 100 Total number of questions : 8 Total number of printed pages : 7 NOTE : Answer SIX questions including Question No.1 which
More informationMASTER OF COMMERCE Term-End Examination June, 2016 MCO-05 : ACCOUNTING FOR MANAGERIAL DECISIONS
No. of Printed Pages : 6 EMCO-05 MASTER OF COMMERCE Term-End Examination June, 2016 15771 MCO-05 : ACCOUNTING FOR MANAGERIAL DECISIONS Time : 3 hours Maximum Marks : 100 Weightage 70% Note : Attempt any
More informationAnswer to PTP_Intermediate_Syllabus 2012_June2016_Set 1 Paper 5- Financial Accounting
Paper 5- Financial Accounting Academics Department, The Institute of Cost Accountants of India (Statutory Body under an Act of Parliament) Page 1 LEVEL B Answer to PTP_Intermediate_Syllabus 2012_June2016_Set
More informationClass-XI CBSE. Time : 3 hrs. Financial Accounting MM-90
Class-XI CBSE Time : 3 hrs. Financial Accounting MM-90 General Instructions (i) This question paper contains two parts A and B (ii) All question in both the parts are compulsory (iii) All parts of the
More informationLOYOLA COLLEGE (AUTONOMOUS), CHENNAI
LOYOLA COLLEGE (AUTONOMOUS), CHENNAI 600 034 B.Com. DEGREE EXAMINATION COMMERCE FIRST SEMESTER APRIL 2016 CO 1500 FINANCIAL ACCOUNTING Date: 02-05-2016 Dept. No. Max. : 100 Marks Time: 01:00-04:00 Answer
More informationFINAL EXAMINATION MAY-2014 PRINCIPLES OF ACCOUNTING (ACCT-101)
COLLEGE OF ADMINISTRATION AND FINANCE Student's Name: Student ID NO: Date of exam: _19/05/2014 Branch: Time: Two Hour Max, Marks: 50 FINAL EXAMINATION MAY-2014 PRINCIPLES OF ACCOUNTING (ACCT-101) Marks
More informationINTERNATIONAL INDIAN SCHOOL RIYADH
INTERNATIONAL INDIAN SCHOOL RIYADH ACCOUNTANCY WORK SHEET 8 CLASS 11 CHAPTER: FINANCIAL STATEMENTS Q.1 Find out (a) Cost of goods sold (b) Closing Stock. Opening Stock 15,000 Sales 1350,000 Purchases 1050,000
More informationSRI VENKATESWARA UNIVERSITY B. Com (ASM) CBCS Syllabus W.E.F B.Com(ASM) - Semester II. Total Marks
SRI VENKATESWARA UNIVERSITY B. Com (ASM) CBCS Syllabus W.E.F.2015-16 B.Com(ASM) - Semester II Sl. No. Total Marks Mid. Sem. Exam Sem. End Exam 100 25 75 100 25 75 50 --- ICT-1 (Information & communication
More informationAccountancy. Blue Print. Part A
Accountancy Blue Print Part A S.No Lesson Name V.Short Short Long Total 1. Introduction - 3(1) 4(1) - 7 2. Theory Base Accounting 1(1) 3(2) - 7 3. Recording of business transactions - 4(1) 6(2) 16 4. Trail
More informationNo. of Printed Pages : 7 ELECTIVE COURSE : COMMERCE ECO-11 : ELEMENTS OF INCOME TAX
No. of Printed Pages : 7 ECO-11 CV 00 BACHELOR'S DEGREE PROGRAMME 5=4- Term-End Examination December, 2012 ELECTIVE COURSE : COMMERCE ECO-11 : ELEMENTS OF INCOME TAX Time : 2 hours Maximum Marks : 50 Note
More informationMTP_Intermediate_Syllabus2016_Dec2018_Set 2 Paper 5- Financial Accounting
Paper 5- Financial Accounting Academics Department, The Institute of Cost Accountants of India (Statutory Body under an Act of Parliament) Page 1 Paper 5- Financial Accounting Full Marks : 100 Time allowed:
More informationMTP_ Intermediate _Syllabus 2012_Dec2016_Set 1 Paper 5- Financial Accounting
Paper 5- Financial Accounting Academics Department, The Institute of Cost Accountants of India (Statutory Body under an Act of Parliament) Page 1 Paper 5- Financial Accounting Full Marks : 100 Time allowed:
More informationBACHELOR'S DEGREE PROGRAMME Term-End Examination December, 2009 ELECTIVE COURSE : COMMERCE ECO- 11 : ELEMENTS OF INCOME TAX
N- 11) O BACHELOR'S DEGREE PROGRAMME Term-End Examination December, 2009 ELECTIVE COURSE : COMMERCE ECO- 11 : ELEMENTS OF INCOME TAX Time : 2 hours Maximum Marks : 50 (Weightage 70%) Note : Attempt any
More informationFOUNDATION EXAMINATION
FOUNDATION EXAMINATION (SYLLABUS 2008) SUGGESTED ANSWERS TO QUESTIONS JUNE 2012 Paper-2 : ACCOUNTING Time Allowed : 3 Hours Full Marks : 100 The figures in the margin on the right side indicate full marks.
More informationFinancial Accounting
Financial Accounting Roll No.... : 1 : 153 Time allowed : 3 hours Maximum marks : 100 Total number of questions : 8 Total number of printed pages : 8 NOTE : Answer SIX questions including Question No.1
More informationBACHELOR'S DEGREE PROGRAMME Term-End Examination
No. of Printed Pages : 8 ECO-011 BACHELOR'S DEGREE PROGRAMME Term-End Examination 10976 June, 2018 (ELECTIVE COURSE : COMMERCE) ECO-011 : ELEMENTS OF INCOME TAX Time : 2 hours Maximum Marks : 50 Note :
More information15 FINANCIAL STATEMENTS-II You have learnt that Income Statement i.e. Trading & Profit and Loss Account and Position Statement i.e., Balance Sheet are two financial statements, which are prepared by every
More informationMTP_Foundation_Syllabus 2016_Dec2017_Set 1 Paper 2- Fundamentals of Accounting
Paper 2- Fundamentals of Accounting Academics Department, The Institute of Cost Accountants of India (Statutory Body under an Act of Parliament) Page 1 Paper 2- Fundamentals of Accounting Full Marks :
More informationMTP_Intermediate_Syllabus 2016_June2018_Set 1 Paper 5- Financial Accounting
Paper 5- Financial Accounting Dos, The Institute of Cost Accountants of India (Statutory Body under an Act of Parliament) Page 1 Paper 5- Financial Accounting Full Marks : 100 Time allowed: 3 hours Section
More informationBACHELOR'S DEGREE PROGRAMME Term-End Examination June, 2012 ELECTIVE COURSE : COMMERCE ECO-11 : ELEMENTS OF INCOME TAX
No. of Printed Pages : 8 ECO-11 T I ct C.0 O BACHELOR'S DEGREE PROGRAMME Term-End Examination June, 2012 ELECTIVE COURSE : COMMERCE ECO-11 : ELEMENTS OF INCOME TAX Time : 2 hours Maximum Marks :50 Note
More informationUNIT-III 4. a) What is Trial Balance? What are its objectives? State the reasons for its disagreement. 8 OR
UNIT-III 4. a) What is Trial Balance? What are its objectives? State the reasons for its disagreement. 8 b) From the following balances extracted from the books of Mr. Rao for the year ended 31 st March,
More information[4] Total No. of Questions: 6 Total No. of Printed Pages:4
[4] (c) A cheque issued but not presented in bank for Rs. 000 (d) Bank Charges Rs. 00 entered in passbook not in cash nook (e) A dividend of Rs. 900 collected by bank not entered in cashbook (f) Cheque
More informationAnswer to MTP_Intermediate_Syllabus2016_June2018_Set 2 Paper 5- Financial Accounting
Paper 5- Financial Accounting Academics Department, The Institute of Cost Accountants of India (Statutory Body under an Act of Parliament) Page 1 Paper 5- Financial Accounting Full Marks : 100 Time allowed:
More informationIOCM Pvt. Ltd. 1 By:- Mr. Santosh Kumar
IOCM Pvt. Ltd. 1 By:- Mr. Santosh Kumar BANK RECONCILIATION STATEMENT 1. Cheques prepared but not yet issued to creditors before the year end, should be shown in the balance sheet: (a) As part of Cash
More informationBACHELOR'S DEGREE PROGRAMME (BDP) Term-End Examination June, 2013
No. of Printed Pages : 15 AOR-01 O BACHELOR'S DEGREE PROGRAMME (BDP) Term-End Examination June, 2013 (APPLICATION ORIENTED COURSE) AOR-01 : OPERATIONS RESEARCH Time : 2 hours Maximum Marks : 50 Weigh tage
More informationP5_Practice Test Paper_Syl12_Dec13_Set 1
FINANCIAL ACCOUNTING Time Allowed : 3 Hours Full Marks : 100 Section A is compulsory and answer any 5 questions from Section B Section A 1. Answer the following questions (give workings): [2 10] (i) MGS
More informationBACHELOR'S DEGREE PROGRAMME
No. of Printed Pages : 6 ECO-007 BACHELOR'S DEGREE PROGRAMME Term-End Examination June, 2017 08413 ELECTIVE COURSE : COMMERCE ECO-007 : ELEMENTS OF STATISTICS Time : 2 hours Maximum Marks : 50 Weightage
More informationINTERMEDIATE EXAMINATION GROUP - I (SYLLABUS 2016)
INTERMEDIATE EXAMINATION GROUP - I (SYLLABUS 2016) SUGGESTED ANSWERS TO QUESTIONS JUNE - 2017 Paper - 5 : FINANCIAL ACCOUNTING Time Allowed : 3 Hours Full Marks : 100 The figures in the margin on the right
More informationBACHELOR'S DEGREE PROGRAMME. Term-End Examination December, 2015 ELECTIVE COURSE : COMMERCE ECO-14 : ACCOUNTANCY-II
No. of Printed Pages : 11 I ECO-14 ce) cd BACHELOR'S DEGREE PROGRAMME Term-End Examination December, 2015 ELECTIVE COURSE : COMMERCE ECO-14 : ACCOUNTANCY-II Time : 2 hours Maximum Marks : 50 Weightage
More informationPostal Test Paper_P2_Foundation_Syllabus 2016_Set 2 Paper 2- Fundamentals of Accounting
Paper 2- Fundamentals of Accounting Academics Department, The Institute of Cost Accountants of India (Statutory Body under an Act of Parliament) Page 1 Paper 2 - Fundamentals of Accounting Full Marks :100
More informationMTP_Intermediate_Syl 2016_June2017_Set 1 Paper 5- Financial Accounting
Paper 5- Financial Accounting Academics Department, The Institute of Cost Accountants of India (Statutory Body under an Act of Parliament) Page 1 Paper 5- Financial Accounting Full Marks : 100 Time allowed:
More informationFor other subjects, go to
MAY/JUNE 2006 FINANCIAL ACCOUNTING 1. Explain briefly the following terms i. Bank statement ii. Bank reconciliation statement iii. Uncredited cheques iv. Unpresented cheques v. Dishonoured cheques. Answers:
More informationTime: 3 hours Max. Marks: 70. PART B (Answer all five units, 5 X 10 = 50 Marks) UNIT I
Code: 13A52501 R13 B.Tech III Year II Semester (R13) Regular & Supplementary Examinations May/June 2017 (Common to ME, ECE and EIE) Time: 3 hours Max. Marks: 70 PART A (Compulsory Question) 1 Answer the
More informationCHAPTER 6 FINAL ACCOUNTS WITH ADJUSTMENTS
CHAPTER 6 FINAL ACCOUNTS WITH ADJUSTMENTS Suppose, the firm closes its books on 31st March and rent for the month of March has not been paid, this expense "rent" has been incurred and yet to be paid. Therefore,
More informationSUGGESTED SOLUTION CA FOUNDATION N 18 EXAM. Test Code CFN 9071
SUGGESTED SOLUTION CA FOUNDATION N 18 EXAM SUBJECT- ACCOUNTS Test Code CFN 9071 (Date :) Head Office : Shraddha, 3 rd Floor, Near Chinai College, Andheri (E), Mumbai 69. Tel : (022) 26836666 1 P a g e
More informationFINANCIAL STATEMENTS OF PARTNERSHIP. The following trial balance was extracted from A, B & Co. books on June 30, 2002.
Lesson # 34 Example # 1: FINANCIAL STATEMENTS OF PARTNERSHIP The following trial balance was extracted from A, B & Co. books on June 30, 2002. A B & company Trial balance As on June 30, 2002 Particulars
More informationIntermediate Group I Paper 5 : FINANCIAL ACCOUNTING (SYLLABUS 2016)
Intermediate Group I Paper 5 : FINANCIAL ACCOUNTING (SYLLABUS 2016) 1. (a) Multiple choice questions: Objectives (i) In Hire Purchase system cash price plus interest is known as (A) Capital value of asset
More informationTHE UNITED REPUBLIC OF TANZANIA NATIONAL EXAMINATIONS COUNCIL CERTIFICATE OF SECONDARY EDUCATION EXAMINATION. Instructions
THE UNITED REPUBLIC OF TANZANIA NATIONAL EXAMINATIONS COUNCIL CERTIFICATE OF SECONDARY EDUCATION EXAMINATION 062 BOOK KEEPING (For Both School and Private Candidates) Time: 3 Hours Friday, 8 th October
More informationChapter 3 JOURNAL LEDGER AND TRIAL BALANCE
1 Chapter 3 JOURNAL LEDGER AND TRIAL BALANCE Concept Capsule 1 Classify the following a/c under traditional approach. Account Name Personal Account Real Account Nominal Account Capital Introduced Drawing
More informationTime allowed : 3 hours Maximum marks : 100. Total number of questions : 8 Total number of printed pages : 7
: 1 : Roll No... Time allowed : 3 hours Maximum marks : 100 Total number of questions : 8 Total number of printed pages : 7 NOTE : Answer SIX questions including Question No.1 which is compulsory. All
More informationFinal Account Test paper 100 Question
Final Account Test paper 100 Question Test ID :051 Date : 17/08/2017 Time :01:59:48 Instruction for Qusetion 1 To 100 MCQ Qn.1) net profit before commission has been Rs.1,20,000. Manager s commission is
More informationDIPLOMA IN BUSINESS PROCESS nzr OUT SOURCING (F & A) PROGRAMME U) CD. Term-End Examination CD. June, 2010 BPOI-002 : FUNDAMENTALS OF ACCOUNTING
No. of Printed Pages : 6 C\I DIPLOMA IN BUSINESS PROCESS nzr OUT SOURCING (F & A) PROGRAMME U) CD Term-End Examination CD June, 2010 : FUNDAMENTALS OF ACCOUNTING Time : 3 hours Maximum Marks : 100 Note
More informationFBCA-05 April-2007 Financial Accounting and Management (New Course)
Seat No. : FBCA-05 April-2007 Financial Accounting and Management (New Course) Time : 3 Hours] [Max. Marks : 70 1. (a) Give the meaning and proforma of an Account. Also give the rules of Debit and Credit.
More informationCPT Chapter2, Unit-3 Fundamentals of Accountancy CA.S.K.Chhabra
CPT Chapter2, Unit-3 Fundamentals of Accountancy CA.S.K.Chhabra What is a Trial balance? It is a Statement prepared to ensure the arithmetical accuracy of all the accounts before the preparation of the
More informationINDIAN SCHOOL MUSCAT DEPARTMENT OF COMMERCE & HUMANITIES CLASS :11 ACCOUNTANCY Financial Statements of Sole proprietorship
Worksheet No:12 INDIAN SCHOOL MUSCAT DEPARTMENT OF COMMERCE & HUMANITIES CLASS :11 ACCOUNTANCY Financial Statements of Sole proprietorship Issued on : ------------------------- Date of submission:------------------------
More informationAnswer to MTP_Intermediate_Syllabus 2016_June2018_Set1 Paper 5- Financial Accounting
Paper 5 Financial Accounting Dos, The Institute of Cost Accountants of India (Statutory Body under an Act of Parliament) Page 1 Paper 5 Financial Accounting Full Marks : 100 Time allowed: 3 hours Section
More informationAnswer to PTP_Intermediate_Syllabus2012_Dec2015_Set 2 Paper 5- Financial Accounting
Paper 5- Financial Accounting Directorate of Studies, The Institute of Cost Accountants of India (Statutory Body under an Act of Parliament) Page 1 LEVEL B Answer to PTP_Intermediate_Syllabus2012_Dec2015_Set
More informationFINANCIAL STATEMENTS OF LIMITED COMPANIES (Continued)
Lesson # 39 Question # 1: FINANCIAL STATEMENTS OF LIMITED COMPANIES (Continued) KKB (Private) Limited is a manufacturing company. Following list of balances has been extracted from its books as on June
More informationCHAPTER 6 FINAL ACCOUNTS WITH ADJUSTMENTS
CHAPTER 6 FINAL ACCOUNTS WITH ADJUSTMENTS When a person starts a business he wishes to know the financial performance of his business. A convenient and universally accepted method of knowing this is to
More information0452 ACCOUNTING. Mark schemes should be read in conjunction with the question paper and the Principal Examiner Report for Teachers.
CAMBRIDGE INTERNATIONAL EXAMINATIONS Cambridge International General Certificate of Secondary Education MARK SCHEME for the March 2015 series 0452 ACCOUNTING 0452/12 Paper 12, maximum raw mark 120 This
More informationMASTER OF ARTS (ECONOMICS) Term-End Examination June, 2016 MECE-003 : ACTUARIAL ECONOMICS : THEORY AND PRACTICE SECTION - A
No. of Printed Pages : 6 I MECE-0031 MASTER OF ARTS (ECONOMICS) Term-End Examination June, 2016 01382 MECE-003 : ACTUARIAL ECONOMICS : THEORY AND PRACTICE Time : 3 hours Maximum Marks : 100 Note : Attempt
More informationAnswer to MTP_Foundation_Syllabus 2012_Jun2017_Set 1 Paper 2- Fundamentals of Accounting
Paper 2- Fundamentals of Accounting Academics Department, The Institute of Cost Accountants of India (Statutory Body under an Act of Parliament) Page 1 Paper 2- Fundamentals of Accounting Full Marks :
More informationFINAL ACCOUNTS vis-à-vis Financial Statements. Samir K Mahajan
FINAL ACCOUNTS vis-à-vis Financial Statements Samir K Mahajan CLASSIFICATION OF FINAL ACCOUNT Trial balance proves the arithmetical accuracy of the business transactions, but it is not the end. The businessman
More informationComposed & Solved Hafiz Salman Majeed
FINALTERM EXAMINATION Fall 2008 MGT101- Financial Accounting (Session - 4) Question No: 1 ( Marks: 1 ) - Please choose one Wages outstanding given in the trial balance will be treated as a (an): Asset
More informationCERTIFICATE PROGRAMME IN CONSUMER PROTECTION Term-End Examination December, 2012 CPI (Revised) : CONSUMER PROTECTION - ISSUES
No. of Printed Pages : 16 CPI (Revised) CERTIFICATE PROGRAMME IN CONSUMER PROTECTION Term-End Examination December, 2012 CPI (Revised) : CONSUMER PROTECTION - ISSUES Time : 3 hours' Maximum Marks : 700
More informationDIPLOMA IN SECURITY MANAGEMENT (DSM) BSEI-011 : MANAGERIAL SKILLS
No. of Printed Pages : 11 BSEI-011 DIPLOMA IN SECURITY MANAGEMENT (DSM) Term-End Examination June, 2013 BSEI-011 : MANAGERIAL SKILLS Time : 3 hours Maximum Marks : 100 Note : (i) Question No. 1 - is compulsory
More informationSRI VENKATESWARA UNIVERSITY; TIRUPATI
SRI VENKATESWARA UNIVERSITY; TIRUPATI 1-2-101R I B.Com/ B.Com(CA)/B.Com(Tax)/B.Com(ASM)/B.A (Accountancy) ; SEMESTER II W.E.F. 2016-17 DSC 1B FUNDAMENTALS OF ACCOUNTING-II Unit-I: DEPRECIATION Methods
More informationUNIT 19 FINAL ACCOUNTS WITH ADJUSTMENTS
UNIT 19 FINAL ACCOUNTS WITH ADJUSTMENTS Structure 19.0 Objectives 19.1 Introduction 19.2 An Overview, 19.3 Some Practical Hints 19.4 Some Other Adjustments 19.4.1 Commission Payable on Profits 19.4.2 Interest
More informationNCERT Solutions for Class 11 Accountancy. Financial Accounting Part-2 Chapter 2
NCERT Solutions for Class 11 Accountancy Financial Accounting Part-2 Chapter 2 Financial Statements Short answers : Solutions of Questions on Page Number : 422 Q1 : Why is it necessary to record the adjusting
More informationNCERT Solutions for Class 11 Accountancy Financial Accounting Part-2 Chapter 2
NCERT Solutions for Class 11 Accountancy Financial Accounting Part-2 Chapter 2 Financial Statements Class 11 Chapter 2 Financial Statements Exercise Solutions
More informationHALF YEARLY EXAMINATION, ACCOUNTANCY Time : 3 hrs. Class - XI M.M. : 90 Date (Monday) Name of the student Section
HALF YEARLY EXAMINATION, 201819 19 ACCOUNTANCY Time : 3 hrs. Class XI M.M. : 90 Date24.09.2018 (Monday) Name of the student Section General instructions : All questions are compulsory. Marks are indicated
More informationCA CPT Account Test Combine Topic
CA CPT Account Test Combine Topic Test ID :063 Date : 14/09/2017 Time :01:55:00 Qn.1) Contingent Liabilities are shown : A. As current liability B. As Capital fund C. As footnotes to balance sheet D. As
More informationTRIAL BALANCE. Samir K Mahajan
TRIAL BALANCE Samir K Mahajan TRIAL BALANCE: MEANING AND METHOD Trial balance is a statement which shows debit balances and credit balances of all accounts in the ledger. Since, every debit should have
More informationAccounting And Finance For Bankers - JAIIB
Timing: 3 Hours Question : 100 1. When simple rate of interest is calculated, the interest rate % age is expresses as: a. Rate/100 b. Rate*100 c. 100/Rate d. 1+rate/100 2. Identify a personal account out
More informationMTP_Foundation_Syllabus 2012_Dec2017_Set 1 Paper 2- Fundamentals of Accounting
Paper 2- Fundamentals of Accounting Academics Department, The Institute of Cost Accountants of India (Statutory Body under an Act of Parliament) Page 1 Paper 2- Fundamentals of Accounting Full Marks :
More informationACCOUNTANCY (Principal and Practice of Financial Accounting) Time: 3 Hours] [Maximum Marks: 100 SECTION A
ACCOUNTANCY (Principal and Practice of Financial Accounting) Time: 3 Hours] [Maximum Marks: 100 Note: (i) (ii) (iii) This Question Paper consists of two Sections, viz., A and B All questions from Section
More informationFINANCIAL STATEMENTS OF SOLE PROPRIETORSHIP
CHAPTER-9 FINANCIAL STATEMENTS OF SOLE PROPRIETORSHIP Learning Objectives After studying this lesson you will be able to; State the nature of the financial statements; Distinguish between the capital and
More informationMODEL QUESTION PAPER. (Maximum Marks : 10) PART A
MODEL QUESTION PAPER TED (15) 3141 Reg. No.... (REVISION 2015) Signature... THIRD SEMESTER DIPLOMA EXAMINATION IN COMMERCIAL PRACTICE ACCOUNTANCY III Time : 3 Hours (Maximum Marks : 100) PART A (Maximum
More informationPART B (5 x 12 = 60 Marks) Note: Answer ALL the questions.
B.Com. I-Semester (CBCS) Examination, December 2016 (Common Paper for All Streams Except Advertising Course) Subject : Business Economics Code No. 8002 / E Paper Code BC 105 Course Type DCS 2A 1 Nature
More information01532 Term-End Examination
No. of Printed Pages : 12 AST-01 BACHELOR'S DEGREE PROGRAMME (BDP) 01532 Term-End Examination June, 2017 (APPLICATION ORIENTED COURSE) AST-01 : STATISTICAL TECHNIQUES Time : 2 hours Maximum Marks : 50
More information[Time: Hours] 2. The cash book is used for recording the credit transaction of the business
Q.1) A) N.B: [Time: 2 1 2 Hours] Please check whether you have got the right question paper. 1. All Questions are compulsory carrying 15 marks each. 2. Working notes should form part of your answers wherever
More informationD.K.M COLLEGE FOR WOMEN (AUTONOMOUS),VELLORE-1. PG & RESEARCH DEPARTMENT OF COMMERCE ACCOUNTING AND BUSINESS FOR MANAGERS BSC - ISM
D.K.M COLLEGE FOR WOMEN (AUTONOMOUS),VELLORE1. PG & RESEARCH DEPARTMENT OF COMMERCE ACCOUNTING AND BUSINESS FOR MANAGERS BSC ISM UNIT I SECTION A 2 MARKS 1. Define Accounting. 2. What is Journal? 3. Write
More informationUnit 1. Final Accounts of Non-Manufacturing Entities. chapter - 6. preparation of final accounts of sole proprietors
chapter - 6 preparation of final accounts of sole proprietors Unit 1 Final Accounts of Non-Manufacturing Entities Final Accounts of non-manufacturing Entities Learning Objectives After studying this unit
More informationMASTER OF COMMERCE Term-End Examination June, 2010 O MC0-03 : RESEARCH METHODOLOGY AND STATISTICAL ANALYSIS
No. of Printed Pages : 8 MASTER OF COMMERCE Term-End Examination June, 2010 O MC0-03 : RESEARCH METHODOLOGY AND STATISTICAL ANALYSIS Time : 3 hours Maximum Marks : 100 Note : Answer any five questions.
More informationCOMPILED BY : CA RAJESH R DALAL-J.M.PATEL COLLEGE OF COMMERCE-FOR CLASS WORK
PARTNERSHIP FINAL ACCOUNT 1) A and B were in partnership sharing profit in the ration 3: 2. From 1 st January, 2018 they admitted C into partnership giving him 1/6 th share in Profit. He brought Rs cash,
More informationP.G. Diploma in Banking and Finance EXAMINATION, 2017 BANKS, FINANCIAL INSTITUTIONS AND FINANCIAL MARKETS. Paper I
Total No. of Questions 5] [Total No. of Printed Pages 2 Seat No. [5179]-1 P.G. Diploma in Banking and Finance EXAMINATION, 2017 BANKS, FINANCIAL INSTITUTIONS AND FINANCIAL MARKETS Paper I Time : Three
More informationCPT June 2017 Crash Course FUNDAMENTALS OF ACCOUNTING
CPT June 2017 Crash Course FUNDAMENTALS OF ACCOUNTING (SECTION A - 60 Marks) The dictionary is the only place where success comes before work. Hard work is the key to success, and hard work can help you
More informationTHE INDIAN COMMUNITY SCHOOL, KUWAIT
THE INDIAN COMMUNITY SCHOOL, KUWAIT SERIES : II TERM /FN/ 2018-2019 CODE : 055 TIME ALLOWED : 2 HOURS NAME OF STUDENT : MAX. MARKS : 50 ROLL NO. :.. CLASS/SEC :.. NO. OF PAGES :4 ACCOUNTANCY ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
More informationPTP_Intermediate_Syllabus 2012_Jun2014_Set 1. Paper 5- Financial Accounting
Paper 5- Financial Accounting Whenever necessary, suitable assumptions should be made and indicate in answer by the candidates. Working Notes should form part of your answer Section A is compulsory and
More informationAttempt any seven out of ten questions. (iii) Q.3. Attempt any three out of five questions. 1 of a company is often the
No. of Printed Pages : 8 DIPLOMA IN SECURITY MANAGEMENT (DSM) Term-End Examination June, 2014 BSEI-008 : SUPERVISION AND OPERATION HANDLING Maximum Marks : 100 Time : 3 hours Note : (i) Q.1 is compulsory.
More informationMGT101 Long Questions
MGT101 Long Questions Question No: 56 ( Marks: 5 ) Write down the five advantages of Limited Company. Answer It is a legal entity created by law and hence has its own recognition, good will and brand equity
More informationMTP_Intermediate_Syllabus 2016_June2019_Set1 Paper 5- Financial Accounting
Paper 5- Financial Accounting Dos, The Institute of Cost Accountants of India (Statutory Body under an Act of Parliament) Page 1 Paper 5- Financial Accounting Full Marks : 100 Time allowed: 3 hours Section
More information13. BRANCH ACCOUNTS SOLUTIONS TO ASSIGNMENT PROBLEMS
13. BRANCH ACCOUNTS SOLUTIONS TO ASSIGNMENT PROBLEMS PROBLEM No. 1 (A) Debtors Method: Delhi Branch Account 2010 Particulars Rs. Rs. 2010 Particulars Rs. Rs. Jan. 1 Dec.31 By Bank Stock 7,000 Cash Sales
More informationFoundation Access Course for Undergraduate Programmes. Examinations for / Semester 1
Foundation Access Course for Undergraduate Programmes Cohort: FACUP/09/FT Examinations for 2009 2010 / Semester 1 MODULE: FOUNDATION IN ACCOUNTING I MODULE CODE: ACCF Duration: 2 1 2 Hours Reading time:
More informationMASTER OF COMMERCE. Term-End Examination. Time : 3 hours Maximum Marks : 100 Note : Attempt any five questions. All questions carry equal marks.
No. of Printed Pages : 8 MCO-05 MASTER OF COMMERCE Term-End Examination co co June, 2011 wzd- CD MCO-05 : ACCOUNTING FOR MANAGERIAL DECISIONS Time : 3 hours Maximum Marks : 100 Note : Attempt any five
More information