#1
September 5th, 2012, 12:47 PM
| |||
| |||
B.Com Uttarakhand Paper (Nainital)
Hello sir I am studying in B.Com in Uttarakhand now I want to get its previous question paper so please tell me that from where I can the question paper. The question paper for the Financial Accounting topic in the Business Communication subject for the Bachelor of Commerce course of Uttarakhand University is as given below. B.Com-10 (Bachelor of Commerce) First Year, Examination-2015 BC - 01 Financial Accounting Section - A (Long Answer Type Questions) 1. What are the objectives of financial accounting? Also explain the parties that are interested in financial statements. 2. What is the Hire Purchase System? Mention the entries necessary in the books of the buyer as well as the seller when goods are sold on the Hire Purchase System. 3. What do you mean by Dependent Branch? What are the rules for preparing accounting records of dependent branches? Section - B (Short Answer Type Questions) 1. Accounting Concepts. 2. Objectives of Accounting. 3. Branch Nominal Account Method. 4. Rectification of Errors. 5. Method of recording Joint Venture Transactions. 6. Distinguish between Capital and Revenue Expenditure. 7. Record the following transactions in the Journal of M/s Dehradun Furniture. Jan 1 Started Business with Cash Rs. 10,000. Jan 2 Deposited into bank Rs. 9,000. Jan 3 Purchased Machinery for Rs. 5,000 from Jawahar and gave him a Cheque for the amount. Jan 10 Paid installation charges of Machinery Rs. 100. Jan 23 Goods worth Rs. 100 given as Charity. Jan 25 Paid for Stationery Rs. 500. Jan 26 Withdrew from Bank for Private use Rs. 500. Jan 30 Paid wages Rs. 350 and Rent Rs. 300. 8. On January 1, 2015 Y Ltd. purchased a machinery for Rs. 2,00,000. They spent Rs. 12,000 on its freight and Rs. 8,000 for its installation. The expected life of the machine is 10 years. It is expected that the Machine will be sold for Rs. 20,000 after its useful life. Prepare Machinery Account and Depreciation account for 3 years. Book of Accounts are closed on December 31, every year. Use Fixed Installment Method to calculate depreciation. Section - C (Objective Type Questions) Write true/false against the following. 1. Real Accounts are the accounts which show transactions with persons. 2. All receipts are entered in the credit side of cash book. 3. Prepaid expenses are assets of the business. 4. Trade discount is given by the business to its debtors for payments made before its due date. Last edited by Neelurk; March 19th, 2020 at 02:57 PM. |
#2
March 15th, 2017, 01:02 PM
| |||
| |||
Re: B.Com Uttarakhand Paper (Nainital)
Hi I would like to have the question paper for the Financial Accounting topic in the Business Communication subject for the Bachelor of Commerce course of Uttarakhand University?
|