Vardhaman Mahaveer Open University Hindi: is an open university in Kota, Rajasthan, India, established on July 23, 1987, and was initially known as Kota Open University.


The question paper of the Fundamental of Accounting BBA I Sem is given below :

Section A
(Very Short Answer Type Questions )
e: Answers all 7 questions. As per the nature of the questions you de limit your were in one sentence up to 30 words. Each question carries equal marks. (Marks
=14)
1. Current Cost
2. Financial Statement.
3. Money Measurement.
4. Convention of Conservatism.
5. Book Keeping
6. Depreciation
7. Balance Sheet
8. Provisions
9. Capital Expenditure
10. Accrual concept
11. Accrued wages
12. Prepaid Expenses
13. Capital
14. Credit Purchase
15. Cash Sales
16. Petty Cash Book
17. Single column Cash Book
18. Real Account
19. Entry
20. Compound Entry
21. Bad debts
22. Trade Discount
23. Cash Discount
24. Profit and Loss Account

Section B
(Short Answer Type Questions)
Answer any 4 questions. Each answer should not exceed 200 words. Each question carries 07 marks. (Marks 7x4 = 28)

1. Advantages of Petty Cash Book.
2. Define Depreciation and it’s methods.
3. What do you mean by unearned income?
4. What is Receipt and Payment account?
5. Differences between Income & Expenditure Account and Receipt & Payment
Account.

6. Sectional and self balancing system.

7. A company took a loan from bank worth Rs. 4,00,000 and issue 5,000 12%
Debentures of Rs. 100 each as a collateral security. Explain how you will deal with
the issue of debentures in the books of the company.

8. Explain each subsidiary book in brief. Also describe the advantages of keeping
subsidiary books.

9. Different methods of charging depreciation.
10. Three column cash book.
11. How inter departmental transfers are dealt with in departmental accounting?
12. Procedure of preparation of bank reconciliation statement.
13. What is accounting? Explain its scope.
14. What is meant by full disclosure?
15. What is journal and journalising?
16. What is subsidiary books?
17. What are the types of cash books?
18. What is Bank reconciliation statement?
19. Explain the written down value method of depreciation.
20. Prepare Horizontal Form of Balance Sheet.
21. Prepare Vertical Form of Balance Sheet.
22. What do you mean by unearned income?
23. What is Receipt and Payment Account?
24. What is Income and Expenditure Account?

BBA I sem Fundamental of Accountiong question paper








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Vardhaman Mahaveer Open University
Address: Rawatbhata Rd, Kota, Rajasthan 324021
Phone: 0744 279 7000