Annamalai University Question Paper December 2014
(SECOND YEAR)
(PART-III)
220: ACCOUNTING MANAGEMENT
Time: Three hours Maximum: 100 marks
Answer any FIVE questions (5 × 20 = 100)
1. a) Define accounting concept. Explain various accounting concepts.
b) What is double entry system? Discuss the rules for double entry system.
2. a) Journalise the following transactions:
Nov.1 Commenced business with cash 25000
2 Opened a bank account 2500
5 Bought furniture 1500
7 Bought goods from Senthil 2400
12 Paid for stationery 100
15 Paid wages 25
16 Interest received 400
18 Sold good for cash 3100
b) Differentiate the “Journal from Ledger”.
3. a) What is cash book? Explain the different types of cash book.
b) Explain various types of subsidiary books. State its significance.
4. a) Define Transaction, Entry, Narration and Account.
b) Prepare a Trial Balance from the following:
Particulars ` Particulars `
Cash in hand 2000 Loan 14000
Purchases 28000 Returns outwards 4000
Sales 44000 Wages 8000
Carriage inwards 1000 Establishment expenses 12000
Interest on investment 1000 Capital 22000
Creditors 12000 Returns inwards 8000
Debtors 8000 Carriage outwards 2000
Machinery 20000 Discount received 1200
Stock 10000 Commission received 800
2
5. a) From the information given below prepare trading account.
Particulars `
Opening stock 1,00,000
Purchases 1,50,000
Purchase returns 25000
Direct expenses 10000
Carriage inwards 5000
Sales 400000
Closing stock 50000
b) How do you prepare profit and loss account?
6. a) Explain the debit note and credit note.
b) What are the advantages of purchases book?
7. a) What are the procedure for prepare final account?
b) What are the benefit of three column cash book?
8. a) Explain the concept of fund flow statements.
b) Explain the technique of preparing a cash flow statement with imaginary
figures.
9. a) Explain types of partners.
b) What are the elements of partnership?
10. a) What are the limitations of fund flow statements?
b) What are the advantages of cash flow statements?
------------------
5813
B.B.A. DEGREE EXAMINATION December 2014
(HOSPITALITY AND TOURISM MANAGEMENT)(SECOND YEAR)
(PART-III)
220: ACCOUNTING MANAGEMENT
Time: Three hours Maximum: 100 marks
Answer any FIVE questions (5 × 20 = 100)
1. a) Define accounting concept. Explain various accounting concepts.
b) What is double entry system? Discuss the rules for double entry system.
2. a) Journalise the following transactions:
Nov.1 Commenced business with cash 25000
2 Opened a bank account 2500
5 Bought furniture 1500
7 Bought goods from Senthil 2400
12 Paid for stationery 100
15 Paid wages 25
16 Interest received 400
18 Sold good for cash 3100
b) Differentiate the “Journal from Ledger”.
3. a) What is cash book? Explain the different types of cash book.
b) Explain various types of subsidiary books. State its significance.
4. a) Define Transaction, Entry, Narration and Account.
b) Prepare a Trial Balance from the following:
Particulars ` Particulars `
Cash in hand 2000 Loan 14000
Purchases 28000 Returns outwards 4000
Sales 44000 Wages 8000
Carriage inwards 1000 Establishment expenses 12000
Interest on investment 1000 Capital 22000
Creditors 12000 Returns inwards 8000
Debtors 8000 Carriage outwards 2000
Machinery 20000 Discount received 1200
Stock 10000 Commission received 800
2
5. a) From the information given below prepare trading account.
Particulars `
Opening stock 1,00,000
Purchases 1,50,000
Purchase returns 25000
Direct expenses 10000
Carriage inwards 5000
Sales 400000
Closing stock 50000
b) How do you prepare profit and loss account?
6. a) Explain the debit note and credit note.
b) What are the advantages of purchases book?
7. a) What are the procedure for prepare final account?
b) What are the benefit of three column cash book?
8. a) Explain the concept of fund flow statements.
b) Explain the technique of preparing a cash flow statement with imaginary
figures.
9. a) Explain types of partners.
b) What are the elements of partnership?
10. a) What are the limitations of fund flow statements?
b) What are the advantages of cash flow statements?
------------------
5813
0 comments:
Pen down your valuable important comments below