uroa'épmisnsao-anniay/'sdy bitps://www.cesustudy.com N (201217) B.B.A.-III Sem. 18053 B. B. A. Examination, Dec. 2017 ‘COMPANY ACCOUNTS (BBA-305) (New) Tne : Three Hours) [Maximum Marks: 75 Note: Attempt questions from all Sections as per instructions. Section-A, (Very Short Answer Questions) ‘Attempt all the five questions. Each question carries 3 marks. Very short answer is required not exceeding 75 words. 35215 What is Government liquidator? ‘Whatis preference share? ‘What do you understand by reconstruction of a company? hutps://www-cesustudy.com nsoo:amrey sda ‘woo'Apn uroa'épmisnsao-anniay/'sdy 18083, bitps://www.cesustudy.com Define a subsidiary company. ‘What particulars ate to bs given roganting sundry debtors inthe Balance Sheet of Company. Section-B (Shore Answer Questions) ‘Attecnpt any two questions out ofthe following three ‘questions. Each question carries 7% marks. Short answers required notexceeding 200 words. 714215 Give the differentkinds of debentures, ‘What do you understand by liquidation of company. ‘A company purchased assets of the Book value ‘© 9.90,000 from another company, It was agreed that the puschase consideration be paid by issuing 11%, Debentures of ¥ 100 each, Assume debentures have been issued (i) at par (i) at premiom of 10% and (i) at discount of 10%, Give oecetsary journal ‘entries inthe books of purchasing compy. Sectioa-C (Detatted Answer Questions) Attempt any chree questions out of the following five ‘questions. Each question carries 15 marks. Answer is required indetai, ISd=45 hutps://www-cesustudy.com ‘woo'€pmisnsoo:anmaysdaiyuroa'épmisnsao-anniay/'sdy 10, 5 18083 bitps://www.cesustudy.com @ Give a specimen form of Balance sheet of acompany asperSchedule-Ulof Companies Act, 2013. What is divisible profit ” What various provisions have been made in Companies Act regarding disaibution of dividend 7 Can the dividend be paid out of (a) Reservesand (b) Capital profits. Explain. ‘What accounting entries are rade in the books of Amalgamating company and Amalgamated company? Dabur India Ltd. issued a prospectus inviting pplications for 1,200 shares of ® 10 each at premium of € 2 pershare payable as follows (@) onapplicaion €2, (0) onallotment ¥ 5 (©) onfissteall €3and(4) onsecondcall® 2 Applications were received for 1,800 shares end allotment made pro rata tothe applicants of 14,000, shares. Money overpaid on applications was employedon sccountof sums duconallotment. XK, towhom 240 shares were alloted, uted to pay the AHlotment money and on his subsequent failure ta pay the frat cal his shares were forfeited. hutps://www-cesustudy.com ‘woo'€pmisnsoo:anmaysdaiy uroa'épmisnsao-anniay/'sdy ‘bttps://www.cesustudy.com Rama, who was allotted 360 shares, thite to pay the ‘wo calls and ber shares were forfeited after the second all : OF the shares forfeited 480 shares were sold to Kini ‘credited as fully paid for © 9 per shave, the whole K's ‘shares being included. Show jeumal and Cash: Boole the Balance Sheet, A company has 600,000 10% debentures outstanding on {st Jan, 2016 on that date Debenture Redemption Fund stood at © 5,00,000 represcated by T 5,90,000,6% (2021) loan ofthe U.P. Government ‘The annual installment added 10 the Debenture Redemption Funds € 64600, (On 31st December, 2016 the Balance of Bank Account (after interest on investment) had been received was 156,400. On that date the investments were sold 183% net and the debentures were paid off, ‘Show the necessary Ledger Accounts for 2016, 190834 hutps://www-cesustudy.com ‘woo'€pmisnsoo:anmaysdaiy