Download Question Paper of "Finaicial Accounting", Question Paper of BBA 2nd Semester, Subject Code : BB - 201, Paper ID C02071 Paper 4

Roll No………..

Total No. of Questions:07  

BBA (Sem. - 2"'t)

FINANCIALACCOUNTING

SUIIJECT CODE : BB - 201

Paper ID : [C02071]

Time : 03 Hrs

Instruction tr Candidates:

l)  Section - A is Compulsory.

2) Attempt any Four questions from Section - B.

Section - A

Q1)

a) Define cost concept.

b) Journalize-capital introduced Rs. 50,000.

c) Assets and l-liabilities.

d) Trail balance.

e) Book keeping vs Accounting.

f)  Reducing  installment method of depreciation.

g) Explain the error of principles.

h) What do you mean by financial Accounting.

i) What do you mean by BIS.

j) Current iabilites.

 Q2)  Discuss in detail meaning, principles and conventions of accounting?

 Q3)  What do you mean by depreciation? Explain in detail need, objectives and any

          two methods of computing depreciation with the help of examples?

 Q4)   Why is b Trial Balance prepared? Prepare Trial Balance with Imaginary figures?

 Q5)  Write notes on:

(a) Journal and ledger.

(b) Types of errors.

 Q6) On 31^st December 2006 the cash book of Madhab showed a debit balance of Rs. I,850. On  comparing the cash with the pass book, the following discrepancies were  noted

(a)     Cheques issued Rs. 6,000 were not presented at Bank by 3 l- 12-06.

(b)     Cheques for Rs. 8,000 were deposited in bank but were not cleared.

(c)      A cheques for Rs. 200 received from Dhaban and deposited in bank was dishonoured. No advice for non-payment was received from Bank till 1-1-07.

(d)     A cheque for Rs. 510 was paid into Bank but Bank credited the amount with Rs. 501 by  mistake.

(e)      Bank received interest on debentures on behalf of Madhab amounting to Rs. 250.

(f)     A cheque for Rs. 500 entered into the cash book was omitted to be banked. Prepare a Bank  Reconciliation Statement and show the balance as per pass book.