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Reg. No. : ...............................

Code No. : 4362 Sub. Code : DNA 2 B

B.C.A. DEGREE EXAMINATION, MAY 2016.

Second Year — Non-Semester

Computer Applications — Main (DD & CE)

Paper VI — ACCOUNTANCY

(For those who joined in July 2008 onwards)

Time : Three hours Maximum : 100 marks

PART A — (5  5 = 25 marks)
Answer any FIVE questions out of Eight.

1. Enter the following transactions in proper

subsidiary books and post in the ledger.
2000 Jan. Rs.
1 Bought goods from B. Balan 1,000
2 Sold goods to S. Solomon 500
8 D. David sold goods to us 500
10 S. Sankar bought goods from us 350
12 Received goods returned by S. Solomon 40
15 We returned goods to B. Balan 25
19 Sold goods to. M. John 250
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2000 Jan. Rs.

20 Purchased goods from E. Edward 300
23 Damaged goods returned to D. David 60
25 Sold goods to S. Sankar 320
30 S. Sankar returned goods 70

2. On 31st December 1978. Your cash book showed a

debit balance of Rs. 8,500. Before that date you
had issued cheques amounting to Rs. 3,200, but
they were not yet presented for payment. A cheque
of Rs. 600 paid by you into the Bank was not
credited. There were entries for interest on
current account Rs. 35 and for Bank charges Rs. 8
in the pass book. Prepare a bank reconciliation
statement.

3. The following are the balances in the ledger of Mr.

Shankar for the year ended 31st March 1996.
Rs.
Opening stock :
Raw materials 20,000
Work-in-progress 3,000
Finished goods 10,800
Purchase of raw materials 50,000
Sales 2,40,000

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Rs.
Fuel and coal 1,000
Wages 32,000
Factory expenses 40,000
Office expenses 30,000
Depreciation on plant and machinery 3,000
Closing stock :
Raw materials 20,000
Work-in-progress 4,000
Finished goods 8,000

Prepare manufacturing and trading account for

the year ended 31st March, 1996.

4. Pass necessary adjustment entries for the

following adjustments :
(a) Interest has accrued on investments Rs. 500
(b) Commission received in advance Rs. 1,000
(c) To provide 10% interest on capital of
Rs. 2,50,000
(d) Interest charged on drawings Rs. 520
(e) Rs. 2,000 to be transferred to reserve fund.

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5. How do you incorporate the following in the

Tanjore turf club balance sheet for the year
31.3.1997
Rs.
Medal distribution fund 98,400
Interest on the fund investments 28,900
Medals distributed 28,700
Medal distribution fund investments 98,000

6. Find out the amount of salaries to be debited to

income and expenditure account for 1999 from the
details given below :
Rs.
Payments made for salaries during 1999 48,000
Outstanding salary as on 31.12.98 2,000
Outstanding salary as on 31.12.99 3,200
Paid salary as on 31.12.98 1,200
Prepaid salary as on 31.12.99 1,600

7. The Sa Mines Co. Ltd. took from D a lease of a

mine for a period of 25 years from 1st January,
2000 on a royalty of Rs. 5.00 per tonne of mineral
got with a dead rent of Rs. 20,000 and power to
recoup short workings during the first five years of
the lease.

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The annual outputs were as follows :

2000-2000 tonnes ; 2001-3000 tonnes ;
2002-4000 tonnes ; 2003-4500 tonnes;
2004-5000 tonnes.
Give journal entries in the books of the company.

8. A company leased a colliery on 1.1.92 at a

minimum rent of Rs. 20,000 merging into a royalty
of Rs. 1.50 per tonne with power to recoup short
workings over the first four years of the lease. The
output for the colliery for the first four years was
9000 tonnes, 12000 tonnes, 16000 tonnes and
20000 tonnes respectively. Give journal entries for
four years in the books of lease.

PART B — (5 × 15 = 75 marks)

Answer any FIVE questions out of Eight.

9. Enter the following transactions in a cash book

with cash, bank and discount columns :
1968 Rs.
Jan. 1 Muthu commenced business with 10,000
2 Remitted into current account with bank 9,000
6 Paid to Kannan by cheque was
allowed discount Rs. 100 4,000
10 Cash sales 4,000
11 Paid into bank 3,000
15 Manickam paid into our bank account 1,000
19 Issued a cheque to Neelan for furniture purchased 2,000

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1968 Rs.
Jan. 20 Received from Nandan 500
Discount allowed 50
22 Withdraw from bank 200
25 Cash purchases paid by cheque 800
31 Paid salaries by cheque 1,200

10. Petty cashier received Rs. 600 on April 1, 1999

from the head cashier. Prepare a petty cash book
on the imprest system for the month of April 1999
from the following items :
Rs.
3 Stamps 50
5 Taxi fare 100
6 Pencils and pads 75
7 Register 25
10 Speed post 45
12 Telegram 35
15 Refreshment 55
16 Autofare 20
19 Typing paper 60
20 Busfare 15
22 Trunk calls 43
25 Office cleaning 18
30 Courier services 17

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Show the analysis of payments as postage and

stamps, telephone and telegrams, conveyance,
stationary and sundry expenses.
Assume imprest amount of Rs. 600.

11. Prepare the trial balance of Sukumaran as at 30th

June 1966.
Rs.
Cash 370
Opening stock 5,700
Debtors 3,200
Sales 63,900
Wages 13,200
Creditors 5,200
Bad debts reserve 400
Carriage 300
Trade marks 5,300
Advertising 1,250
Salaries 10,900
Machinery 28,900
Land and buildings 28,000
Rent received 5,000

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Rs.
Electricity 6,500
Bills receivable 1,700
Travelling expenses 2,300
Insurance 3,600
Purchases 12,000
Purchases returns 500
Discounts 300
Bad debts 700
Bank 8,500
Capital 58,720

12. Define the term ‘Asset’. How are assets generally

classified? Give two examples for each type of
assets.

13. A firm had the following balances on 1st January,

1964 :
Rs.
Provision for bad and doubtful debts 650
Provision for discount on debtors 320
Reserve for discount on creditors 480

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During the year bad debts amounted to Rs. 450;

discount allowed were Rs. 1,580 and discounts
received were Rs. 970. During 1965 bad debts
amounting to Rs. 230 were written off while
discounts allowed and received were Rs. 1,250 and
Rs. 890 respectively. Sundry debtors were
Rs. 15,000 on December 31, 1964 and Rs. 9,000 on
December 31, 1965. Sundry creditors on these two
dates were Rs. 10,500 and Rs. 12,600. It is the
firm’s policy to maintain a provision of 5 per cent
against bad and doubtful debts and 3% for
discounts on debtors and a reserve of 2% on
creditors.
Show the accounts relating to provision an debtors
and reserve on creditors for the years 1964 and
1965.

14. The following particulars relate to the sports club

of India.
Income and expenditure account for the year
ended 31st December, 1975.
Rs. Rs.
To Salary 1,500 By Entrance fees 10,500
To Printing and stationary 2,200 By Subscriptions 15,600
To Advertising 1,600 By Rent
To Audit fees 500 receivable 4,000
To Fire insurance 1,000
To Depreciation on sports 9,000
equipment
To Excess of income over 14,300
expenditure
30,100 30,100

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Receipts and payments account for the

year ended 31st Dec, 1975
1 Jan. 1975
st By Salary 1,000
To Balance b/d 4,200 By Printing and stationary 2,600
To Entrance fees 1974 1,000 By Advertising 1,600
1975 10,000 By Fire insurance 1,200
To Subscriptions 1974 600 By Investments 20,000
1975 15,000 By Balance c/d 7,800
1976 400
To Rent received 3,000
34,200 34,200

The assets on 1st January 1975 included club

grounds and pavilion Rs. 44,000, sports equipment
Rs. 25,000 and furniture and fixture Rs. 4,000.
Prepare the opening and closing balance sheets.
15. From the following income and expenditure
account for the year ended 31st Dec. 1979, you are
required to prepare the receipts and payments
account for the year ending 31st Dec., 1979.
Income and Expenditure a/c for the year ending
31st Dec. 1979
Expenditure Rs. Income Rs.
To Salaries 4,500 By Subscription 9,800
To Stationary 800 By Profit on sports meet
To Rent 1,200 conducted 800
To Postage 300 By Interest received at 5% 500
To Sundry expenses 1,500
To Depreciation (building) 1,000
To Excess of income over 1,800
expenditure
11,100 11,100

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Other information on 1st January 1979

subscription due was Rs. 300 and stock of
stationary was Rs. 150 and on 31st December 1979
Rs. 100 Expenses outstanding on 1st January 1979
was Rs. 200 and on 31st Dec., 1979 Rs. 100. Rent
prepaid on 1st Jan., 1979 was Rs. 200 and
outstanding on 31st December 1979 was Rs. 100

16. On 1st January, 1990 Binani obtained a mining

lease and on 1st January 1991 he sub leased part
of the mine to Chidambaram. Show ledger a/cs in
Binani’s books on the basis of the following
particulars.
Year Lease Sub-lease
1990 tonnes raised 6000 -
1991 tonnes raised 28000 5000
1992 tonnes raised 33000 7000
1993 tonnes raised 29000 9000
Royalty per tonne Re. 1 Re. 1.50
Minimum rent p.a Rs. 25,500 Rs. 11,000

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