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Madras University BCA Question Paper (Financial Accounting)

1. Explain different steps in accounting.

2. Distinguish between Single entry system and double entry system.

3. A partner has withdrawn the following sums from the business for his personal use during the half year ending 30.6.2005
22nd January – Rs. 500
31st January – Rs. 200
18th February – Rs. 100
9th March – Rs. 150
4th May – Rs. 400
30th June – Rs. 1,000
Find the average due date and calculate interest at the rate of
5% per annum

4. On 1.1.2000 there was machinery worth Rs. 1,80,000 in a business firm. On 30th June, 2000 a machine was purchased for Rs. 20,000. On 31.12.2000, a machine was sold for Rs. 4,200 which was purchased for Rs. 4,000 on 1.1.2000.

On 31.12.2001, a machine which was purchased on 1.1.2000 for Rs 12,000 was sold for Rs. 8,000

Depreciation is provided at 10% per annum on fixed instalment basis. Prepare machinery account for the year 2000 and 2001.

5. Mohan, a retail merchant commenced business with a capital of Rs. 12,000 on 1.1.2004. Subsequently on 1.5.2004 he invested further capital of Rs. 5,000. During the year he has withdrawn Rs. 2,000 for his personal use. On 31.12.2004, his assets and liabilities were as follows.
Cash at bank Rs. 3,000
Debtors Rs. 4,000
Stock Rs. 16,000
Furniture Rs. 2,000
Creditors Rs. 5,000
Calculate the profit or loss made during the year 2004.

6. Sun limited opened a branch at Madurai. It invoiced goods to the branch at cost plus 25%. Information was given below
Goods sent to the branch (invoice price) Rs. 50,000
Cash sent to branch for expenses Rs. 8,000
Cash sales Rs. 22,000
Credit sales Rs. 23,000
Cash received from debtors Rs. 20,000
Bad debts written off Rs. 600
Stock on 31st December (invoice price) Rs. 4,800
Prepare branch account

7. From the following transactions prepare the Branch account
Opening stock of branch Rs. 36,200
Closing stock of branch Rs. 33,140
Opening branch debtors Rs. 11,300
Closing Branch Debtors Rs. 6,040
Opening petty cash at the branch Rs. 220
Closing petty cash at the branch Rs. 140
Goods send to branch Rs. 1,56,680
Branch expenses met by Head office Rs. 7,000.
Cash sent by Head office to branch to meet petty expenses Rs.1,040
Cash sales Rs. 1,68,200
Cash received from branch debtors Rs. 27,700.

8. X, Y and Z share profits in the ratio of 3 : 2 : 1. On 31st March,
2006, their balance sheet was as follows :
Liabilities Rs. Assets Rs.
Creditors 12,000 Machinery 25,000
General reserve 3,000 Stock 11,000
Capital Debtors 9,500
X 20,000 Goodwill 13,000
Y 15,000 Cash 1,500
Z 10,000
60,000 60,000





We have following question papers also of BCA Course of Madras University. If you want to download any of these, you can contact us on website where you are visiting now.

NUMERICAL AND STATISTICAL METHODS, DATA STRUCTURES & ALGORITHMS
FINANCIAL ACCOUNTING
VISUAL PROGRAMMING & SOFTWARE ENGINEERING
OPERATING SYSTEMS & MICROPROCESSORS
RESOURCE MANAGEMENT TECHNIQUES AND WEB TECHNOLOGY
DATA STRUCTURES & PROGRAMMING IN 'C'
MATHEMATICS
DIGITAL LOGIC FUNDAMENTALS AND PROGRAMMING IN C
COBOL PROGRAMMING
PROGRAMMING IN COBOL AND C++
DATABASE MANAGEMENT SYSTEM
PROGRAMMING IN JAVA & DATA COMMUNICATION AND NETWORKING
FINANCIAL,COST AND MANAGEMENT ACCOUNTING
SYSTEM ANALYSIS & DESIGN
DATABASE MANAGEMENT SYSTEMS AND COMPUTER GRAPHICS
OBJECT ORIENTED PROGRAMMING WITH C++
COMPUTER GRAPHICS

Attached Files

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