“ &ana‚ iva&ana AaiNa sausaMskar yaaMsaazI iSaxaNa P`asaar - iSaxaNamahYaI- Da^.baapUjaI
saaLuMKo
EaI svaamaI ivavaokanaMd iSaxaNa
saMsqaa‚ kaolhapUr
Smt.Akkatai Ramgonda Patil Kanya
Mahavidyalaya, Ichalkaranji.
Department of Commerce and Management
BCOM-III
2015-16
Appeared
students
|
First
class with dist
|
First
class
|
Second
class
|
Pass
class
|
Fail
students
|
Pass
students
|
%
|
119
|
12
|
35
|
33
|
15
|
24
|
95
|
79.83
|
“ &ana‚ iva&ana AaiNa sausaMskar yaaMsaazI iSaxaNa P`asaar - iSaxaNamahYaI- Da^.baapUjaI
saaLuMKo
EaI svaamaI ivavaokanaMd iSaxaNa
saMsqaa‚ kaolhapUr
Smt.Akkatai Ramgonda Patil Kanya
Mahavidyalaya, Ichalkaranji.
Department of Commerce and Management
BCOM-III
2014-15
Appeared
students
|
First
class with dist
|
First
class
|
Second
class
|
Pass
class
|
Fail
students
|
Pass
students
|
%
|
102
|
12
|
39
|
26
|
9
|
16
|
86
|
84.31
|
“ &ana‚ iva&ana AaiNa sausaMskar yaaMsaazI iSaxaNa P`asaar - iSaxaNamahYaI- Da^.baapUjaI
saaLuMKo
EaI svaamaI ivavaokanaMd iSaxaNa
saMsqaa‚ kaolhapUr
Smt.Akkatai Ramgonda Patil Kanya
Mahavidyalaya, Ichalkaranji.
Department of Commerce and Management
BCOM-III
2013-14
Appeared
students
|
First
class with dist
|
First
class
|
Second
class
|
Pass
class
|
Fail
students
|
Pass
students
|
%
|
104
|
19
|
42
|
31
|
06
|
06
|
98
|
94.23
|
question paper - preliminary examination
sub- audit
sub- audit
ana‚ iva&ana AaiNa sausaMskar
yaaMsaazI iSaxaNa P`asaar - iSaxaNamahYaI- Da^.baapUjaI saaLuMKo
EaI svaamaI ivavaokanaMd iSaxaNa
saMsqaa‚ kaolhapUr
Smt.Akkatai Ramgonda Patil Kanya
Mahavidyalaya, Ichalkaranji.
Department of Commerce and Management
BCOM-III
2017-18
Appeared
students
|
First
class with dist
|
First
class
|
Second
class
|
Pass
class
|
Fail
students
|
Pass
students
|
%
|
130
|
19
|
48
|
40
|
14
|
10
|
121
|
93.08
|
Sr.no.
|
Name
of students
|
%
|
1
|
Powar
Pooja Balaso
|
73.11
%
|
2
|
Suryavanshi
Ujwala Mahadeo
|
73
%
|
3
|
Mali
Sujata Savanta
|
72.39
%
|
.“ &ana‚ iva&ana AaiNa sausaMskar yaaMsaazI iSaxaNa P`asaar - iSaxaNamahYaI- Da^.baapUjaI saaLuMKo
EaI svaamaI ivavaokanaMd iSaxaNa
saMsqaa‚ kaolhapUr
Smt.Akkatai Ramgonda
Patil Kanya Mahavidyalaya, Ichalkaranji.
Preliminary Exam-2017-2018
Class : B.Com. -III Subject: Advanced
Accountancy (Auditing) Paper
No. II
Date : 17/10/2018 Time :10.00 am- 11.00 am Total
Marks : 25
Que.
1: Solve any two Questions. (20
Marks)
1.
Advantages of
auditing?
2.
Difference
between internal audit and external audit.
3.
What do you
understand by the term vouching? Explain its importance to auditors.
Que. 2: Write a short note. (Any 1) (5
Marks)
1.
The objective
of internal check.
2.
Continuous
audit.
“ &ana‚ iva&ana AaiNa sausaMskar yaaMsaazI iSaxaNa P`asaar - iSaxaNamahYaI- Da^.baapUjaI
saaLuMKo
EaI svaamaI ivavaokanaMd iSaxaNa
saMsqaa‚ kaolhapUr
Smt.Akkatai Ramgonda
Patil Kanya Mahavidyalaya, Ichalkaranji.
Preliminary Exam-2017-2018
Class : B.Com. -III Subject: Advanced
Accountancy (Auditing) Paper
No. II
Date : 17/10/2018 Time :10.00 am- 11.00 am Total
Marks : 25
Que.
1: Solve any two Questions. (20
Marks)
1. Advantages of auditing?
2. Difference between internal audit and external
audit.
3. What do you understand by the term vouching?
Explain its importance to auditors.
Que. 2: Write a short note. (Any 1) (5
Marks)
1. The objective of internal check.
2. Continuous audit.
“ &ana‚ iva&ana AaiNa sausaMskar yaaMsaazI iSaxaNa P`asaar - iSaxaNamahYaI- Da^.baapUjaI
saaLuMKo
EaI svaamaI ivavaokanaMd iSaxaNa
saMsqaa‚ kaolhapUr
Smt.Akkatai Ramgonda
Patil Kanya Mahavidyalaya, Ichalkaranji.
Preliminary Exam-2017-2018
Class : B.Com. -III Subject: Advanced
Accountancy (Auditing) Paper
No. II
Date : 14 /10/2017 Time :10.30 am- 11.30 am Total
Marks : 25
Que.
1: Solve any two Questions. (20
Marks)
4.
What is the
object of internal audit?
5.
Difference
between internal audit and external audit.
6.
What do you
understand by the term vouching? Explain its importance to auditors.
Que. 2: Write a short note. (Any 1) (5
Marks)
3.
The objective
of internal check.
4.
Classes of
errors.
“ &ana‚ iva&ana AaiNa sausaMskar yaaMsaazI iSaxaNa P`asaar - iSaxaNamahYaI- Da^.baapUjaI
saaLuMKo
EaI svaamaI ivavaokanaMd iSaxaNa
saMsqaa‚ kaolhapUr
Smt.Akkatai Ramgonda
Patil Kanya Mahavidyalaya, Ichalkaranji.
Preliminary Exam-2016-2017
Class : B.Com. -III Subject: Advanced
Accountancy (Auditing) Paper
No. II
Date : / /201 Time :10.30 am- 11.30 am
Total Marks : 25
Que.
1: Solve any two Questions. (20
Marks)
1 What is the object of internal audit?
2. Difference between internal audit and external
audit.
3. What do you understand by the term vouching?
Explain its importance to auditors.
Que. 2: Write a short note. (Any 1) (5
Marks)
1 The objective of internal check.
5.
&ana‚ iva&ana AaiNa sausaMskar yaaMsaazI iSaxaNa P`asaar - iSaxaNamahYaI- Da^.baapUjaI
saaLuMKo
EaI svaamaI ivavaokanaMd iSaxaNa
saMsqaa‚ kaolhapUr
Smt.Akkatai Ramgonda
Patil Kanya Mahavidyalaya, Ichalkaranji.
Preliminary Exam-2017-2018
Date : 14 /10/2017 Time :8.30 am- 9.30 am Total
Marks : 25
Q.1. the following is the trail balances o kotak bank ltd as 31
march 2014 20 marks
Particulars
|
Rs
|
Particulars
|
Rs
|
Cash in
hand
|
737500
|
Share
capital
|
2360000
|
Balances
with RBI
|
7500000
|
Statutory
reserve
|
1150000
|
Balances
with other bank
|
4345000
|
Capital
reserve
|
80000
|
Stationery
and stamps
|
62500
|
Revenue reserve
|
1000000
|
Tax paid
in advance
|
127500
|
Currents
year profits
|
2500000
|
Other
fixed assets
|
410000
|
Interest
accrued
|
865000
|
premises
|
1275000
|
Inter
branch adjustment
|
97500
|
Overdraft,
loans and cash credit
|
77000000
|
Bills
payable
|
2400000
|
Bills purchased
and discounts
|
3000000
|
Borrowings
|
400000
|
Govt.securities
|
59500000
|
Term
deposits
|
94500000
|
shares
|
600000
|
Saving
accounts
|
44000000
|
Debentures
and bonds
|
5525000
|
Demand
deposits
|
10730000
|
160082500
|
160082500
|
Additional information
1. Acceptance
endorsement and other obligation amounted to Rs.850000.
2. Bills for
collection Rs.80000
3. The authorized
capital of Rs. 2500000 divided into 25000 shares of Rs.100 each
From the above trail balance and additional
information prepare
a. Balance sheets as
on 31/03/2014.
b. necessary
schedule required for balance sheet.
OR
Q.1.solve any question
10
A) Fire occurred in the premises of Mohan Company
on 30 April 2015.
The following information was obtained from
the available records.
Stock
on 31/12/2012 RS.156200
Stock on 31/12/2013 RS.179740
Sales from 1/01/2014 to 30/04/2014 Rs.120000
Purchases
from 01/01/2014 to 30/04/2014 Rs.100000
Sales for
the year ended 31/12/2013 Rs.190000
Purchases
from the year ended 31/12/2013 Rs.173400
It was the practice to be company to
value the stock at 10% above cost.
It stock the salvaged valued at cost
Rs.47400 the amount of the insurance policy was Rs.334800.there was average clause in the policy
Calculate the amount of the claim for
insurance
B. on January 2012 Mr. Anup purchased a truck
from Hindustan and motors ltd on Hire purchase 10
basis the payment was made as under
RS.100000 on the signing agreement
(01/01/2012)
Rs.130000 on 31/12/2013
Rs. 120000 on
31/12/2014R
Rs. 110000 on 31/12/2014
Interest
include in cash price at rate of 10% p.a. depreciation was charged at 20% on
written down value method.
Prepare truck A/C in the books of Mr. Anup
Q.2 Write short notes (any one) 05 marks
1. Objectives of management accounting
2. Importance of cost accounting
&ana‚ iva&ana AaiNa sausaMskar
yaaMsaazI iSaxaNa P`asaar - iSaxaNamahYaI- Da^.baapUjaI saaLuMKo
EaI svaamaI ivavaokanaMd iSaxaNa
saMsqaa‚ kaolhapUr
Smt.Akkatai Ramgonda
Patil Kanya Mahavidyalaya, Ichalkaranji.
Preliminary Exam-2016-2017
Date : /
/201 Time :8.30 am- 9.30 am Total
Marks : 25
Q.1. the following is the trail balances o kotak bank ltd as 31
march 2014
20 marks
Particulars
|
Rs
|
Particulars
|
Rs
|
Cash in
hand
|
73750
|
Share
capital
|
236000
|
Balances
with RBI
|
750000
|
Statutory
reserve
|
115000
|
Balances
with other bank
|
434500
|
Capital
reserve
|
8000
|
Stationery
and stamps
|
6250
|
Revenue
reserve
|
10000
|
Tax paid
in advance
|
12750
|
Currents
year profits
|
2500000
|
Other
fixed assets
|
41000
|
Interest
accrued
|
86500
|
premises
|
127500
|
Inter
branch adjustment
|
9750
|
Overdraft,
loans and cash credit
|
770000
|
Bills
payable
|
240000
|
Bills
purchased and discounts
|
300000
|
Borrowings
|
40000
|
Govt.securities
|
5950000
|
Term
deposits
|
945000
|
shares
|
60000
|
Saving
accounts
|
440000
|
Debentures
and bonds
|
55250
|
Demand
deposits
|
10730000
|
160082500
|
16008250
|
Additional information
1. Acceptance
endorsement and other obligation amounted to Rs.85000.
2. Bills for
collection Rs.8000
3. The authorized
capital of Rs. 250000 divided into 2500 shares of Rs.100 each
From the above
trail balance and additional information prepare
a. Balance sheets as
on 31/03/2014.
b. necessary
schedule required for balance sheet.
OR
Q.1.solve any question
10
A) Fire occurred in the premises of
Mohan Company on 30 April 2015.
The following information was
obtained from the available records.
Stock on 31/12/2012 RS.156200
Stock on 31/12/2013 RS.179740
Sales from 1/01/2014 to
30/04/2014 Rs.120000
Purchases from 01/01/2014 to
30/04/2014 Rs.100000
Sales for the year ended
31/12/2013 Rs.190000
Purchases from the year ended
31/12/2013 Rs.173400
It was the practice to be company to
value the stock at 10% above cost.
It stock the salvaged valued at cost
Rs.47400 the amount of the insurance policy was Rs.334800.there was average clause in the policy
Calculate the amount of the claim for
insurance
B. on January 2012 Mr. Anup purchased a truck
from Hindustan and motors ltd on Hire purchase 10
basis the payment was made as under
RS.100000 on the signing
agreement (01/01/2012)
Rs.130000 on 31/12/2013
Rs. 120000 on 31/12/2014R
Rs. 110000 on 31/12/2014
Interest include in cash price at rate of
10% p.a. depreciation was charged at 20% on written down value method.
Prepare truck A/C in the books of Mr. Anup
Q.2 Write short notes (any one)
05 marks
1. Objectives of management accounting
2. Importance of cost accounting
&ana‚ iva&ana AaiNa sausaMskar
yaaMsaazI iSaxaNa P`asaar - iSaxaNamahYaI- Da^.baapUjaI saaLuMKo
EaI svaamaI ivavaokanaMd iSaxaNa
saMsqaa‚ kaolhapUr
Smt.Akkatai Ramgonda
Patil Kanya Mahavidyalaya, Ichalkaranji.
Preliminary
Exam-2018-2019
Date : 13/ 03 /2019 Time :10.30 am- 11.30 am Total
Marks : 25
Q.1.
Attempt any two questions. (20 mark)
A) Mr.MAHESH is employed in BMC ltd SATARA his employments
are as under
1. Basic
salary Rs.50000 P.M.
2. D.A.Rs.20000.P.M.(40%
(which is considered for retirement benefits)
3. City compensatory allowance Rs.200
p.m.
4. H.R.A. Rs.7000.p.m.
5. Rent paid by Assesses
for the house is Rs.6000 per month.
6. Children education allowance Rs.200
p.m. per child. He is having three children.
7.
Medical allowances Rs.1000.p.m.
8. Contribute to R.P.F.RS.5000 P.M.by the
employee and en equal is contributed
the employer.
9. Interest credited to his recognized provident
fund @ 13%p.a.was Rs.60000.
10. He has professional
tax Rs.2500.p.a.
B.) the following is the profit and loss account
for the year ended 31 March 2017.
Particulars
|
Amt.
|
Particulars
|
Amt.
|
To
salary
|
78000
|
By
gross profit
|
200000
|
To
advertisement
|
8000
|
By
sundry receipt
|
8400
|
To
fire insurance
|
3500
|
By
gifts from father
|
25000
|
To
office expenses
|
4500
|
By
interest on fixed deposit
|
6000
|
To
depreciation
|
15800
|
By
bad debts recovered
|
5400
|
To
bonus
|
12800
|
||
To
income tax
|
8600
|
||
To
Sales tax
|
4500
|
||
To
int. on bank loan
|
5600
|
||
To
R.D.D
|
3500
|
||
To
net profit
|
100000
|
||
Total
|
244800
|
Total
|
244800
|
Adjustments
1 . Salary
includes Rs.4200 paid to a domestic servant.
2 . Advertisement
includesRs.550 as expenditure incurred for selling household
Furniture.
3. Allowable depreciation as per I.T. rules is Rs.14000.
4. Sales
tax includes Rs.500 as per penalty for not filing return in time
5. Bank
loan is taken for business purpose.
c) Residential
status of individual and HUF.
Question 2. Short Notes (any Two) 05 marks
1. Concept in GST
2. Person.
3. Perquisites
4. Assessment year and previous year.
&ana‚ iva&ana AaiNa sausaMskar
yaaMsaazI iSaxaNa P`asaar - iSaxaNamahYaI-
Da^.baapUjaI saaLuMKo
EaI svaamaI ivavaokanaMd iSaxaNa saMsqaa‚ kaolhapUr
Smt.Akkatai Ramgonda Patil Kanya
Mahavidyalaya, Ichalkaranji.
Preliminary
Exam-2017-2018
Date : 14 /03/2018
Time :8.30 am- 9.30 am
Total Marks : 25
Q.1.
Attempt any two question
. 20 marks
B) from the following information given prepare a
statement of cost showing total cost and profit for the year ended 31 December
2015
Particulars
|
Amounts
|
Opening
stock of finished goods
|
30000
|
Opeining
stock of raw materials
|
200000
|
Opeining
stock of work in progress
|
75000
|
Purchases
of raw materials
|
2375000
|
Carriage
inward
|
62500
|
Wages
|
875000
|
Workers
managers salary
|
150000
|
Factory
employee salary
|
300000
|
Factory
rent & taxes
|
36250
|
Power
|
47500
|
Other
production exp.
|
215000
|
Sales
|
4300000
|
Income tax
|
25000
|
Interest
on debenture
|
50000
|
Sales
office exp.
|
80000
|
General
exp.
|
102500
|
Office
rent
|
60000
|
Stock of
finished goods (31/12/2015)
|
75000
|
Stock of
raw materials (31/12/2015)
|
250000
|
Work in
progress (31/12/2015)
|
50000
|
C). following is
the trial balance sheet of Mahindra ltd Pune on 31.12.2015.
Liabilities
|
Amount
|
Assets
|
Amounts
|
Equity
share capital
|
1000000
|
Plant and
machinery
|
500000
|
General
reserve
|
400000
|
Furniture
|
700000
|
Profit and
loss ac
|
400000
|
Stock
|
600000
|
10%debenture
|
200000
|
Sundry
debtors
|
200000
|
Bank
overdraft
|
75000
|
Bills
payable
|
200000
|
Bills
payable
|
25000
|
Cash and
bank balance
|
200000
|
Provision
for taxation
|
150000
|
||
Total
|
2400000
|
Total
|
2400000
|
1. Sales for the year Rs.3200000
2. Average stock in hand Rs.300000
3.
Gross profit Rs.1800000
Compute the following accounting ratio
a)Current ratio b) Quick ratio
c) Proprietary ratio d) Stock turn over ratio
Q.2 Write short notes (any one)
05 marks
1. Advantages of marginal costing
2. Current ratio
3. Factors determining requirement of working
capital.
&ana‚ iva&ana AaiNa sausaMskar
yaaMsaazI iSaxaNa P`asaar - iSaxaNamahYaI-
Da^.baapUjaI saaLuMKo
EaI svaamaI ivavaokanaMd iSaxaNa saMsqaa‚ kaolhapUr
Smt.Akkatai Ramgonda Patil Kanya
Mahavidyalaya, Ichalkaranji.
Preliminary
Exam-2017-2018
Date : 14 /03/2018
Time :8.30 am- 9.30 am
Total Marks : 25
Q.1.
Attempt any two question
. 20 marks
B)
from the following information given prepare a statement of cost showing
total cost and profit for the year ended 31 December 2016
Particulars
|
Amounts
|
Opening
stock of finished goods
|
30000
|
Opeining
stock of raw materials
|
200000
|
Opeining
stock of work in progress
|
75000
|
Purchases
of raw materials
|
2375000
|
Carriage
inward
|
62500
|
Wages
|
875000
|
Workers
managers salary
|
150000
|
Factory
employee salary
|
300000
|
Factory
rent & taxes
|
36250
|
Power
|
47500
|
Other
production exp.
|
215000
|
Sales
|
4300000
|
Income tax
|
25000
|
Interest
on debenture
|
50000
|
Sales
office exp.
|
80000
|
General
exp.
|
102500
|
Office
rent
|
60000
|
Stock of finished
goods (31/12/2016)
|
75000
|
Stock of
raw materials (31/12/2016)
|
250000
|
Work in
progress (31/12/2016)
|
50000
|
C). following is
the trial balance sheet of Mahindra ltd Pune on 31.12.2015.
Liabilities
|
Amount
|
Assets
|
Amounts
|
Equity
share capital
|
1000000
|
Plant and
machinery
|
500000
|
General
reserve
|
400000
|
Furniture
|
700000
|
Profit and
loss ac
|
400000
|
Stock
|
600000
|
10%debenture
|
200000
|
Sundry
debtors
|
200000
|
Bank
overdraft
|
75000
|
Bills
payable
|
200000
|
Bills
payable
|
25000
|
Cash and
bank balance
|
200000
|
Provision
for taxation
|
150000
|
||
Total
|
2400000
|
Total
|
2400000
|
1.
Sales for the year Rs.3200000
2.
Average stock in hand Rs.300000
3.
Gross profit Rs.1800000
Compute the following accounting
ratio
a)Current ratio b) Quick ratio
c) Proprietary ratio d) Stock turn over ratio
Q.2 Write short notes (any one)
05 marks
1. Advantages of marginal costing
2. Current ratio
3. Factors determining requirement of working
capital.
Class : B.Com. -III Subject: Advanced
Accountancy Paper No. I
Class : B.Com. -III Subject: Advanced
Accountancy Paper No. I
Class : B.Com. -III Subject: Advanced
Accountancy Paper No. II
Class : B.Com. -III Subject: Advanced
Accountancy Paper No. III
&ana‚iva&anaAaiNasausaMskaryaaMsaazIiSaxaNaP`asaar-iSaxaNamahYaI-
Da^.baapUjaIsaaLuMKo
EaIsvaamaIivavaokanaMdiSaxaNasaMsqaa‚kaolhapUr
Smt.AkkataiRamgondaPatilKanyaMahavidyalaya,
Ichalkaranji.
Preliminary Exam-2018-2019
Date : 17/10/2018 Time :8.30 am- 9.30 am Total Marks : 25
Q.1. the following is the trail balances of kotak Mahindra bank 31
march 2016 10 marks
Particulars
|
Rs
|
Particulars
|
Rs
|
Cash in hand
|
737500
|
Share capital
|
2360000
|
Balances with RBI
|
7500000
|
Statutory reserve
|
1150000
|
Balances with other bank
|
4345000
|
Capital reserve
|
80000
|
Stationery and stamps
|
62500
|
Revenue reserve
|
1000000
|
Tax paid in advance
|
127500
|
Currents year profits
|
2500000
|
Other fixed assets
|
410000
|
Interest accrued
|
865000
|
premises
|
1275000
|
Inter branch adjustment
|
97500
|
Overdraft, loans and cash credit
|
77000000
|
Bills payable
|
2400000
|
Bills purchased and discounts
|
3000000
|
Borrowings
|
400000
|
Govt.securities
|
59500000
|
Term deposits
|
94500000
|
Shares
|
600000
|
Saving accounts
|
44000000
|
Debentures and bonds
|
5525000
|
Demand deposits
|
10730000
|
160082500
|
160082500
|
Additional information
1. Acceptance endorsement and other
obligation amounted to Rs.850000.
2. Bills
for collection Rs.80000
3.
The authorized capital of Rs. 2500000 divided into 25000 shares of Rs.100 each
From the above
trail balance and additional information prepare
a. Balance sheets as on 31/03/2016. 05 mark
b. necessary
schedule required for balance sheet.
05 mark
Q.2.solve
any question (one) 10
A) Fire occurred in the premises of MohanCompany
on 30 April 2015.
The
following information was obtained from the available records.
Stock
on 31/12/2012 RS.156200
Stock
on 31/12/2013 RS.179740
Sales
from 1/01/2014 to 30/04/2014 Rs.120000
Purchases
from 01/01/2014 to 30/04/2014 Rs.100000
Salesfor
the year ended 31/12/2013 Rs.190000
Purchases
from the year ended 31/12/2013Rs.173400
It
was the practice to be company to value the stock at 10% above cost.
It
stock the salvaged valued at cost Rs.47400 the amount of the insurance policy
was Rs.334800.there was average clause
in the policy
Calculate
the amount of the claim for insurance
OR
B.on
January 2012 Mr. Anup purchased a truck from Hindustan and motors ltd on Hire
purchase 10
basis
the payment was made as under
RS.100000
on the signing agreement (01/01/2012)
Rs.130000
on 31/12/2013
Rs.
120000 on 31/12/2014R
Rs.
110000 on 31/12/2014
Interest
include in cash price at rate of 10% p.a.depreciation was charged at 20% on
written down value method.
Prepare
truck A/C in the books of Mr. Anup
Q.2
Write short notes (any one) 05 marks
1. Objectives
of management accounting
&ana‚iva&anaAaiNa sausaMskar yaaMsaazI
iSaxaNaP`asaar-I SaxaNamahYaI- Da^.baapUjaIsaaLuMKo
EaIsvaama IivavaokanaMd iSaxaNa saMsqaa‚kaolhapUr
Smt.AkkataiRamgondaPatilKanyaMahavidyalaya,
Ichalkaranji.
Preliminary Exam-2018-2019
Date :17/10 /2018 Time :8.30 am- 9.30 am Total Marks : 25
Q.1. the following is the trail balances kotak mahindra bank ltd
as 31march 2016 20
marks
Particulars
|
Rs
|
Particulars
|
Rs
|
Cash in hand
|
73750
|
Share capital
|
236000
|
Balances with RBI
|
750000
|
Statutory reserve
|
115000
|
Balances with other bank
|
434500
|
Capital reserve
|
8000
|
Stationery and stamps
|
6250
|
Revenue reserve
|
10000
|
Tax paid in advance
|
12750
|
Currents year profits
|
2500000
|
Other fixed assets
|
41000
|
Interest accrued
|
86500
|
premises
|
127500
|
Inter branch adjustment
|
9750
|
Overdraft, loans and cash credit
|
770000
|
Bills payable
|
240000
|
Bills purchased and discounts
|
300000
|
Borrowings
|
40000
|
Govt.securities
|
5950000
|
Term deposits
|
945000
|
Shares
|
60000
|
Saving accounts
|
440000
|
Debentures and bonds
|
55250
|
Demand deposits
|
10730000
|
160082500
|
16008250
|
Additional information
1. Acceptance
endorsement and other obligation amounted to Rs.85000.
2. Bills for
collection Rs.8000
3. The authorized
capital of Rs. 250000 divided into 2500 shares of Rs.100 each
From the above
trail balance and additional information prepare
a. Balance sheets as on 31/03/2014.
b. necessary
schedule required for balance sheet.
OR
Q.1.solve any question
10 A) Fire occurred in the premises of Mohan
Company on 30 April 2015.
The following information was
obtained from the available records.
Stock on 31/12/2012
RS.156200
Stock on 31/12/2013
RS.179740
Sales from 1/01/2014 to 30/04/2014 Rs.120000
Purchases from 01/01/2014 to 30/04/2014 Rs.100000
Sales for the year ended 31/12/2013 Rs.190000
Purchases from the year ended 31/12/2013 Rs.173400
It was the practice to be company to value the stock
at 10% above cost.
It
stock the salvaged valued at cost Rs.47400 the amount of the insurance policy
was Rs.334800.there was average clause
in the policy
Calculate
the amount of the claim for insurance
B. on January 2012 Mr. Anup purchased a truck
from Hindustan and motors ltd on Hire purchase 10
basis
the payment was made as under
RS.100000 on
the signing agreement (01/01/2012)
Rs.130000
on 31/12/2013
Rs. 120000
on 31/12/2014R
Rs. 110000
on 31/12/2014
Interest include in cash price at rate of 10% p.a.
depreciation was charged at 20% on written down
value method.
Prepare
truck A/C in the books of Mr. Anup
Q.2
Write short notes (any one)
05
marks
1. Advantages of cost accounting.
2. Limitation of management accounting.
&ana‚iva&anaAaiNasausaMskaryaaMsaazIiSaxaNaP`asaar-iSaxaNamahYaI-
Da^.baapUjaIsaaLuMKo
EaIsvaamaIivavaokanaMdiSaxaNasaMsqaa‚kaolhapUr
Smt.AkkataiRamgondaPatilKanyaMahavidyalaya,
Ichalkaranji.
Preliminary Exam-2016-2017
Date :/ /201 Time :8.30 am- 9.30 am Total Marks
: 25
Q.1. Any question solve
A) mr.nishant is employed in BMC ltd sangali
his employments are as under 20 markk
1.basic salary Rs.30000 P.M.
2.D.A.Rs.5000.P.M.(40% (which is considered for retirement
benifites)
3.city compensatory allowance Rs.200 p.m.
4.H.R.A.rs.4000.p.m.
5.rent paid by assessee for the house is rs.5000 per month.
6.children education allowance rs.200 p.m.perchild.he is having
three chidren.
7.medical allowances Rs.2000.p.m.
8. contribute to
R.P.F.RS.4000 P.M.by the employee and en equal is contributed the employer.
9.interest credited to his recognized provident fund @ 13%p.a.was
rs.52000.
10.he has professional
tax rs.2500.p.a.
B.) the following is the
profit and loss account for the year ended 31 march 2017.
Particulars
|
Amt.
|
Particulars
|
Amt.
|
To salary
|
78000
|
By gross profit
|
200000
|
To advertisement
|
8000
|
By sundry receipt
|
8400
|
To fire insurance
|
3500
|
By gifts from father
|
25000
|
To office expenses
|
4500
|
By interest on fixed deposit
|
6000
|
To depreciation
|
15800
|
By bad debts recovered
|
5400
|
To bonus
|
12800
|
||
To income tax
|
8600
|
||
To Sales tax
|
4500
|
||
To int. on bank loan
|
5600
|
||
To R.D.D
|
3500
|
||
To net profit
|
100000
|
||
Total
|
244800
|
244800
|
Adjustments
1.salary
includes rs.4200 paid to a domestic servant.
2.advertisement
includes rs.550 as expenditure incurred for selling household furniture.
3.
allowable depreciation as per I.T.rules is rs.14000.
4.sales
tax includes r.500 as per penalty for not filing return in time
5.bank
loan is taken for business purpose.
c)
Question
2. Short notice (any one)
05 marks
1.income
2.person.
&ana‚iva&anaAaiNasausaMskaryaaMsaazIiSaxaNaP`asaar-iSaxaNamahYaI-
Da^.baapUjaIsaaLuMKo
EaIsvaamaIivavaokanaMdiSaxaNasaMsqaa‚kaolhapUr
Smt.AkkataiRamgondaPatilKanyaMahavidyalaya,
Ichalkaranji.
Preliminary Exam-2017-2018
Date : 14 /10/2017 Time :8.30 am- 9.30 am Total Marks : 25
Q.1. the following are the balances sheet of Mahesh ltd satara. 20 marks
Balance sheet of Mahesh ltd.
Liabilities
|
2014
|
2015
|
Assets
|
2014
|
2015
|
Equity share capital
|
1000000
|
1500000
|
Buildings
|
1250000
|
1900000
|
Profit and loss ac
|
810000
|
1015000
|
Land
|
900000
|
1100000
|
10%debenture
|
400000
|
600000
|
Inventory
|
210000
|
215000
|
Accounts payable
|
320000
|
290000
|
Account receivable
|
170000
|
185000
|
Outstanding expenses
|
20000
|
65000
|
Cash in hand
|
25000
|
90000
|
Sundry creditors
|
20000
|
30000
|
Preliminary exp.
|
15000
|
10000
|
Total
|
2570000
|
3500000
|
Total
|
2570000
|
3500000
|
Additional information
1.a
building costing rs.950000 and land costing rs.200000 was purchased for cash
2.equity
share and debenture were issued for cash at par
3.fund
from operation were rs.810000.
4.divident
paid during the year rs.300000
From the above information prepare
A) Statement of change in working capital (08)
B) Statement showing sources
and application of funds (08)
OR
Q.1.solve any question
A) from the following information
given prepare a statement of cost showing total cost and profit for the year
ended 31 december 201510
Particulars
|
Amounts
|
Opening stock of finished goods
|
30000
|
Opeining stock of raw materials
|
200000
|
Opeining stock of work in progress
|
75000
|
Purchases of raw materials
|
62500
|
Carriage inward
|
2375000
|
Wages
|
875000
|
Workers managers salary
|
150000
|
Factory employee salary
|
300000
|
Factory rent & taxes
|
36250
|
Power
|
47500
|
Other production exp.
|
215000
|
Sales
|
4300000
|
Income tax
|
25000
|
Interest on debenture
|
50000
|
Sales office exp.
|
80000
|
General exp.
|
102500
|
Office rent
|
60000
|
Stock of finished goods (31/12/2015)
|
75000
|
Stock of raw materials (31/12/2015)
|
250000
|
Work in progress (31/12/2015)
|
50000
|
B. following is the trial balance sheet of
mahendra ltd pune on 31.12.2015.
10
Liabilities
|
Amount
|
Assets
|
Amounts
|
Equity share capital
|
1000000
|
Plant and machinery
|
500000
|
General reserve
|
400000
|
Furniture
|
700000
|
Profit and loss ac
|
400000
|
Stock
|
600000
|
10%debenture
|
200000
|
Sundry debtors
|
200000
|
Bank overdraft
|
75000
|
Bills payable
|
200000
|
Bills payable
|
25000
|
Cash and bank balance
|
200000
|
Provision for taxation
|
150000
|
||
Total
|
2400000
|
Total
|
2400000
|
Q.2 Write short notes (any one)
05 marks
1. Objectives of management accounting
2. Importance of cost accounting
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