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    17 views6 pages

    Bba 1 Sem B 105 Introduction To Financial Accounting 2017 PDF

    Uploaded by

    A vyas

    Copyright:

    © All Rights Reserved
    Download as PDF or read online from Scribd
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    of 6
    online BU.com ‘Total No. of Questions : 11 Total No. of Printed Pages : 12 o DL-119 B.B.A. I" Semester (New) Examination, 2016-17 Introduction to Financial Accounting . Paper - B-105 . Erime: 3 Hour] (Maximum Marks:35 FF Note ‘+ Attempt all the questions. F ; Fate - wit ae afar 81 2 e seenion. @ agree 1505 Objective Type Questions Note = Attempt Sout of & te aE dhe ea at 1. Choose the correct answer Ot ont a ar A PTO. online BU com online BU.com @ DL-119 Book-keeping means : (a) Keeping books (b) Keeping accounts safely in Almirah (©) Keeping the record of business transactions in the books (@)_ Neither of the these gear ar sare (3) geet eT @) dar geet & arent F Gao (a) aaa arth ar Rear geet 3 eT fi, art 9 ag aa First step of accounting process is : (@ Record of trassaetion in the books (&) To make summary in the form of financial statement (© Ledger posting (@) None of the above Seatorr itv ar eT eT B= (a) gaat 4 sent a aaier wor onlineBU com sox a gounuo online BU.com online BU.com @ DL-119 @) DL-119 (9). Pete React & ey A aie fa ET Mant (8) card wert (@) a wer (@) sader 1 a ag aa (@) ARS oe Gi) Double entry system was invented by : (3) eer erat @ Carter @ wa ald ©) Bathiboi (6) Trial Balance is: @ Asummary 6 ean (&) A-statement (@_ J:Betthy © Assen fase srt ar snfteare Pea eT (@ Balance sheet (a) ae we iat: () sete (@) wate (3) bape feat (wher @) 8a (@) ware iv) Capital account is : (Pret (Nominal Account (vi) Dopriciation is provided on : cons © Fixed assets (b) Real Account ()Corrent assets (©) Personal Account © _ Intangible assets @ None of these © Liquid assets PTO. onlineBU.com online BU com ox a gounuo online BU.com online BU.com © DL ) DL-119 Be a sats rar rer B 2a emer Rae aw avo BL (a) ert achat (a) a3 mew @) ag wait @) a (8) sgt wR (8) sifeneat arr () afer watt ses (vii) Balance sheet discloses is : wey @ Liquid position of business SECTION -'B' (b) Financial position of business ag sata eet 33-9 (©) Caming capacity of business Short Answer Type Questions (@ _ Income position of business © Note = Attempt any three ont of five. far sie are. 5 ate = Po dn wa ag et atl (si) aera Barat Rat 2. Distinguish between Book-Keeping and Accounting, (a) meres ft Pe Ret gear er ee 3 ee re (9) saa spr are 3. Explain the rules of for Joumalising. (@) mera oa Rei orate (arta) Bere wea B Rem aT ‘Bank Reconciliation statement is prepared by : 4, What is meant by Depriciation ? Give its chief (@ Customer of the bank charactersites. (}) Bank aR Wa ae a ores BP eee ge RT a (© Tax authorities 5. What is Balance Sheet ? Why is it prepared ? (@ Auditor pre: Far wen 2 ap et Bere Ra ore B ? online BU com online BU.com wos agouruo online BU.com ” DL-119 jon statement ? Explain the importance of preparing a Bank Reconciliation statement, Se ores Rawr aa 8? Ae ame Rarer an Smee A Fra) wea SECTION -'C' oe sata oe 7x3=21 Long Answer Type Questions Note :- Attempt any three out of five, E ote + feel dhe 8 AE te er ats 3 7. Explain the term Accounting. Discuss its merits and limi- tations. Rais ge A oner ie: taier & ant cer desi aw ant afore 8, Prepare Trial Balance from the following information :~ Fr Geni & cee eT Capital Account Rs. 6000-00 Mom : 3 3 PIO. online BU com ox a gounuo online BU.com @) Furiture Account vette rar Commission Accounting (Cr) shart ee (ate) ctroi Account qian ‘Trading Expenses Account earaes 2 T Pureahse Account wa a Sales Account ee et Purchase Returns Account aa al ee Sales Retums Account ‘Papa are) aren Creditors Account ‘are Debtors Account online BU com DL19 Rs, 850-00 Rs, 350-00 Rs, 115-00 Rs, 460-00 Rs, 9650-00 Rs. 12,870-00 Rs, 350-00 Rs, 620-00 Rs. 2720-00 Rs. 4960-00 online BU.com ® DL-t19 tae eat Cash Account Rs, 3240-00 aa am Bills Receivable Account Rs. 1200-00 safer re ‘Travelling Expense Account Rs, 320-00 at ae erat Discount Account Rs, 155-00 aa (over) erat = satres Account Rs. 720-00 2 ae at 9. What is" Written down value Method’ of providing for de- preciation ? How does it differ from the fixed instalment method ? Be arate et Hae We Tet! ae B 2 ae Pra Pe ‘watts 8 Fa sere fr 8? 10. From the following balances extracted from the books of Prakash. Prepare final accounts for the year inding 31* Mareh 2016 : PTO, online BU com oy agounuo online BU.com (10) DL-119 sobre At geet 8 fered Prefer onfterit @ 31 ard 2016 @ wre AF aa 7 fae er art far BAI Gross Profit Rs, 2812-00 a oT Closing Stock Rs, 7000-00 ite 6% Loan Rss, 1000-00 6% Sundary Expenses Rs, 796-00 Pe er Creditors Rs. 7480-00 Ee Income Tax. Rs, 406-00 ar Rent paid Rs, $92-00 Perce Re Bank Rs, 6492-00

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