LC-341 Sub.

Code
91616
B.B.A. DEGREE EXAMINATION
AIRLINE AND AIRPORT
MANAGEMENT
APRIL 2021 EXAMINATION
&

APRIL 2020
ARREAR EXAMINATION
First Semester
ACCOUNTING FOR MANAGERSS
(2019 onwards)
Duration:3 Hours Maximum: 76 Marka
Part A
Answor all questions.
d0x2=20)
1. What do you mean by
journal?
2. Define a
lodgor.
3. What is trial balance?
4. What in a canh book?

5 What do you undarstand by subaidiary bock?

6. What in prime cost?

7. Dofine manago ment
accounting
8. What is marginal eoating?
9. What is BEP?

10. What is meant by cnsh budgot?

Part B
(6x6=25)
Anwwor all quewtions by chooaing oithor (a) or (b)

11. (a) Explain the functions of aceounting

(6) Prepare aceounting equation on the banis of the

Tollowing:
() Ram started buainona with cash Rs.20,000
(i) Rahim purchasod furniture for canh Ra.2,000
(0i) Rahim paid ront Rs.200
(iv) Rahim purchaaod goods on erodit Rn.3,000
() Rahim mold goodw for canh R.3,000

12. (a)What do you mean by triple column cash baok? Give

I npecimen of it.
Or

(b) Prepare following transactions in purchnses book.

2019 July 7 Purchamed from Madhan Ra.6,500
23 Purchased from Anand Ra.4,000
30 Vau old us goods Rs.ö,000

13. (a) Difforentiate betwoon managoment accounting and

20Nt ACCOunting.

(b) Explain the elemonts of cont accounting

14. (a) ropare a npecimon lor cost sheet with examplos.

(b) What aro the prucodure followed to maintain staron

control?

C-3441
 15. (a) Explain the significance of marginal costing.

(b) Explain the objectives of cont volumo profit analywin.

Part C ( * 10= 30)

Answer all questions by choowing either (a) or (b)

16. (a) Discuss the main objocta, limitations and methods

of preparing a
tra ur
6)Journalize the following transactions
2019 Jan 3 Received cash from Ranm Rs.15000

4Purchased goods for cash Ra.2.500

11 Sold goods to Hari Rs.3200
13 Paid Ramesh Rs.l400

17 Received from Hari Ra.1100

20 Bought goods from Ram Rs.2200
27 Paid rent Rs.480

30 Paid salary Rs.1100

31 Draw cash from Bank for office Rs. 1500

31 Neceived interest Rsl000

17.
(a)rite ( ahort notes on aPurehases book and a Sales
ok. a
inary transactions in them. Also show how
these ledger appearance.
Or

6) Pram the following information, caleulate

) BEP
(i) Margin of safoty

(ii) Contribution

441
3441|
 (iv) Profit

Fixed cost Ra.36,000

Variable cost Ra.60,000
Salon Ra.1.20,000
Salen in unit
Ra.40,000o
18. (a) Explain the merits and demerits of standard
cOsting
Or

(b) The expenses budgetod for produetion of 10000

units in a factory are furnished bolow:
Materials per unit Rs.70

Labour 26
Variable o 20
Fixod o'h (Ra.1,00,000) 10

Varinblo exp (Direct)

Selling exponaes (166 fixed) 3

Dintribution expensos(20% fixod) 7

Adminintration expenmon(50000)
Fixed for all expenaes total cost per unit (to mako
and soll) 166
Propare a loxiblo budgot for the production of 8o00 unita