Student Corner


&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 




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
Class : B.Com. -III             Subject: Advanced Accountancy (Auditing)        Paper No. II
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
Class : B.Com. -III             Subject: Advanced Accountancy               Paper No. II
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
Class : B.Com. -III             Subject: Advanced Accountancy (Taxation)          Paper No. IV
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
Class : B.Com. -III             Subject: Advanced Accountancy                                            Paper No. III
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
Class : B.Com. -III             Subject: Advanced Accountancy                                            Paper No. III
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.



    &anaiva&anaAaiNasausaMskaryaaMsaazIiSaxaNaP`asaar-iSaxaNamahYaI- Da^.baapUjaIsaaLuMKo
EaIsvaamaIivavaokanaMdiSaxaNasaMsqaakaolhapUr
Smt.AkkataiRamgondaPatilKanyaMahavidyalaya, Ichalkaranji.
Preliminary Exam-2018-2019
Class : B.Com. -III             Subject: Advanced Accountancy              Paper No. I
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
&anaiva&anaAaiNa sausaMskar yaaMsaazI iSaxaNaP`asaar-I SaxaNamahYaI- Da^.baapUjaIsaaLuMKo
EaIsvaama IivavaokanaMd iSaxaNa saMsqaakaolhapUr
Smt.AkkataiRamgondaPatilKanyaMahavidyalaya, Ichalkaranji.
Preliminary Exam-2018-2019
Class : B.Com. -III             Subject: Advanced Accountancy               Paper No. I
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.
&anaiva&anaAaiNasausaMskaryaaMsaazIiSaxaNaP`asaar-iSaxaNamahYaI- Da^.baapUjaIsaaLuMKo
EaIsvaamaIivavaokanaMdiSaxaNasaMsqaakaolhapUr
Smt.AkkataiRamgondaPatilKanyaMahavidyalaya, Ichalkaranji.
Preliminary Exam-2016-2017
Class : B.Com. -III             Subject: Advanced Accountancy               Paper No. II
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.















&anaiva&anaAaiNasausaMskaryaaMsaazIiSaxaNaP`asaar-iSaxaNamahYaI- Da^.baapUjaIsaaLuMKo
EaIsvaamaIivavaokanaMdiSaxaNasaMsqaakaolhapUr
Smt.AkkataiRamgondaPatilKanyaMahavidyalaya, Ichalkaranji.
Preliminary Exam-2017-2018
Class : B.Com. -III             Subject: Advanced Accountancy                          Paper No. III
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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