Accounts

BCA II Year

Syllabus: Three column cash book and marginal costing

Answer the following question 1X15 =15

1. prepare three column cash book from the following transactions of M/S Vinayaks enterprises for
the month of Jan 2018

1.1.2018 Cash in Hand Rs 8,000

Bank OD Rs 6,400

5.1.2018 Cash sales Rs 6,400

7.1.2018 Purchased Goods by cheque Rs 4,000

9.1.2018 Purchased furniture for cash Rs 4,400

11.1.2018 Cash paid to Mr Rohan Rs 4,000

14.1.2018 Deposited into bank Rs 14,000

16.1.2018 Bank charged interest on OD Rs 400

25.1.2018 Sale of goods for cheque and sent to bank immediately Rs 6,000

27.1.2018 Rent Paid by cheque Rs 1600

28.1.2018 Paid wages by cheque Rs 1000

29.1.2018 Drew cash for personal use Rs 1000

30.1.2018 Paid salary Rs 2,000

31.1.2018 Interest collected by bank Rs 3,400

Answer the following question 2X10 =20

2. A Company produces a single product and sells it at Rs 800 each. The marginal cost is Rs 480 per
unit. The fixed cost is Rs 3,20,000

Calculate.

Contribution per unit

PVR

Break even quantity

Break even sales

3. you are given the following data for the year ended 31.3.2019 of kavya ltd.,

variable cost Rs 12,00,000

fixed cost Rs 6,00,000

Sale Rs 20,00,000

Find out

Break even Sales

Profit when sales amounted to Rs 25,00,000

Sales required to earn a profit of Rs 5,00,000