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(DICS 31)

B.A./B.Com./B.Sc. DEGREE EXAMINATION, DEC. - 2013


(Examination at the end of Final Year)
Paper - II – SCIENCE AND CIVILIZATION
Time : 1 1/2 Hours Maximum Marks : 50

SECTION - A (2 × 13 = 26)
Answer any TWO of the following questions

1. Explain the Great discoveries, results and their uses to human beings.
Y ß«− EÉßÑS¾Þ Ï Ã( È v ß—Å” È" #à È" ç" È" .§" È ÛP! PÞ!Ã(YÞ!( Hß«¼$ .YÞ!È" #ç" ( ÉÈ" ¿†ß«'È" #2
2. Describe the salient features of Paleolithic and Neolithic periods.
¬*” ¾A‡¼! #YÞ!È" # È" (¿¼! # P ” › ¾A‡¼! #YÞ!È" #à È" #T½ ÉßѼ! (È" #ç" ( ÉÈ" ¿†ß«'È" #2
3. Describe advantages of Auto mobiles and Aeroplane.
Ev]È2 #R³$ Ä6 È" (¿¼! # ÉÈ" .§ à Hß«¼$ .YÞ!È" #ç" ( ÉÈ" ¿†ß«'È" #2
4. Explain the uses of satellites and raders.
Õ*v RÄ$ v6 ¾A| ¾‹ YÞ!(¿†b ÉÈ" ¿†ß«'È" #2
5. Write about Medieval period.
È" (¤ Þ ½¼! #YÞ!† YÞ!(¿†b ÉÈ" ¿†ß«'È" #2
6. Describe the changes in the field of Agriculture.
È" ½È" Õ*¼! ( ¾Þ †YÞ!†Ä] È" bd§" È" .¾Þ (−ç" ( ÉÈ" ¿†ß«'È" #2
SECTION – B (3 × 4 = 12)
Write short notes on any THREE of the following

7. (a) Vitamins ÉuÉ(§6 Ö

(b) Fertilizer J¾Þ (È" 'Ã(

(c) Synthetic Fiber AÔ†œÞ v P‹! RD—²¾‹

(d) Paper PAZ” È" #

(e) Green Revolution ß× ¿” Éß«ÇÈ" È" #


(f) Solar energy ßÔ.¾Þ ½ Ì! P!›

(g) ICBM L2AÔ2´2JÈ6 (2

(h) Social Justice Õ*†A—(PÞ! § ½¼! (†

(i) Telephone v$ Å°M§6


SECTION – C (3 × 4 = 12)
Answer ALL questions

8. Fill in the blanks

a) ________ period is between Ancient and Modern periods.

~¬*c§" ¼! #YÞ!†0 E¤ Þ (¨PÞ! ¼! #YÞ!† È" (¤ Þ ½ YÞ!à PAÄR¨ª ________ ÉÌ! ¢PÞ!¿†a ²| §" ¡2
b) ________ Micro organisms causes infections.

________ D§X ßÔ.PÞ!ˆ®P!È" #à È" ç" È" .§" È" '¨P! D§X PÞ! È ½¤ Þ (Ã( ßÔ†®PÞ!É(Õ*›¾ #2

c) ________ cough related disease.

________  Þ YÞ!(\ ßÔ†²†¤ Þ RÈ2 (§" È ½¤¡2

d) ________ discovered stream Engine.

________ EÉ¿ ¼! (†~” È" #§" ( PÞ!§" (Y §2 §" (2


9. Choose the correct answer.
ßÔ¿R¼$ (§" ßÔÈ" .¤  §" È" #§" ( YÞ!(¿›†a (È" #2
a) Radio was discovered by
i) Marconi ii) Graham bell
iii) Faraday iv) Darwin
¾X | ¼$ .§" ( PÞ!§" (Y ¨§" È ¾2 È" ¾Þ (2
i) È" .¾\S¨ ii) ®YAß× †³$ Ä6
iii) °*¾Þ |X iv) | ¿Ë§6
b) Men in West Asia found copper around
i) 4000 B.C. ii) 3500 B.C.
iii) 3000 B.C. iv) 4500 B.C
È" .§" È" '|Þ ( ß«ÍdÈ" ( EAÔ¼! .Ä] K ßÔ†È" ” Ö¾Þ †Ä] ¾AZ PÞ!§" (Y § ª¾Þ (2
i) ®P`!ß«Q2 8444 ii) ®P`!ß«Q2 7944
iii) ®P`!ß«Q2 7444 iv) ®P`!ß«Q2 8944
c) The heart of computer is

i) Key board ii) Mouse


iii) CPU iv) Printer
PÞ!†ß«Q½u¾‹ PÞ!( YÞ!(†|2 È" †v ¡2
i) P!³]¾Þ (} ii) È" “ŒÔ
iii) AÔ2A«2¼! # iv) ~A«†u¾‹
d) Bacteriology
i) Study of animals ii) Study of Plants
iii) Study of Bacterial iv) Study of Batterie

³RP!w¿¼! .Ãl
i) i†” (È" 'à D¤ Þ ½¼! (§" † ii) È2 #PÞ!Sà D¤ Þ ½¼! (§" †
iii) ³RP!w¿¼! . YÞ!(¿†b D¤ Þ ½¼! (§" † iv) ³RuÀ D¤ Þ ½¼! (§" †
10. Match the following.
a) Pests i) blood cloting

b) K. vitamin ii) insulin

c) Sugar iii) Alan Tring

d) Computer iv) Agriculture.

i” ß«¾Þ (a (È" #2
a) c|Þ Ã( i) ¾Þ PÞ!› Ôß S†¤ Þ È" #
b) ÉuÉ(¯Œþ ii) F§" (ßÔ(ůŒþ

c) a P2!S¾Þ iii) DïŒþ ~v †Y‹!

d) PÞ!†ß«Q½u¾‹ iv) È" ½È" Õ*¼! (È" #


(DBC 31)
B.Com. DEGREE EXAMINATION, DEC. - 2013
(Examination at the end of Final Year)
Part – II : Commerce
Paper – III : BUSINESS LAWS
Time : 03 Hours Maximum Marks : 100

Section - A (4×5=20)
Answer any four of the following

1) Offer
{沆³ê¦åý®çý
2) Discharge of contract
Jæ²´…¦åýÏçý$$ ÐÏïý*^çý®çý
3) Surety
ßÑ$¦èÅåþ$yåý$
4) Unpaid Seller
^ïýÌÎ…^çý¯ AÏçý$ÂMåûæ²#¦èÅåþ$yåý$
5) Essential commodity
¯◊çýÄÏçýæÛÅåþÏçýæÛ$¡Ïçý#
6) Consumer protection council
ЯÃðü*Våû¦èÅåþ$ Ååþ„åûÖü æÛ…æ›$Ïçý$$
7) Special resolution
{æ²◊óýÄMåû  Å>®çýÏçý$$
8) Doctrine of indoor management.
A…◊çýÅŠþ ¯ÅåþÒæÞüÖü ìۦ詅◊çýÏçý$$
Section - B (2×10=20)
Answer any Two of the following

9) What are the essentials of valid contract?

^ïýÊΦåýW®çý Jæ²´…¦åýÏçý$$ Ãðü$$MåûP BÏçýÓçüÄM>Ê$ HÐ$?


10) State the remedies for breach of contract.

Jæ²´…¦åýÏçý$$ EÊÎ…Våû®çýMåû$ Eæ²ÓçüÏçý$®èÊ$ ◊ðýÊ$æ²#Ïçý$$.


11) What are the rights of bailee?

ºðüOÌ Ãðü$$MåûP æÞüMåû$PÊ$ HÐ$?


12) Elucidate the penalties received for violations under essential commodities Act.

¯◊èÄÏçýæÛÅåþ ^çýrtÏçý$$ {Mëû…¦åý A†{MåûÏçý$ÊMåû$ Ч…^òý fÆÏçý*®èÊ$ ÐÓçü¨MåûÆ…^çý$Ïçý$$.

Section - C (3×20=60)
Answer any Three of the following

13) Explain the impact of undue influence and mis-representation on an agreement.

Jæ²´…¦åýÏçý$$ Ð$>¦åý A®çý$_◊çý{æ²¾éÏçýÏçý$$, AæÛ◊çýÄÏçýÅåþ~®çý {æ²¾éÏ诱 ÐÏçýÆ…^çý$Ïçý$$.


14) Describe different modes of discharge of a control

M>…{séMåû$t ÐÏïý*^çý®çý ^òýÃåü$$ ÐЪ¦åý Ç◊çý$Ê$ ÐÏçýÆ…^çý$Ïçý$$.


15) What are the rights and duties of agent?

Ggðü…sŒü Ãðü$$MåûP æÞüMåû$PÊ$, Ъ¦åý$Ê$ HÐ$?


16) Critically examine the working of consumer protection councils.

ЯÃðü*Våû¦èÅåþ$ Ååþ„åûÖü Ïçý$…yåýÌ æ²¯ Ååþ$®çý$ ÐÏçý$Ååþ×®è◊çýÂMåû…V> æ²ÆÕÌ…^çý$Ïçý$$.


17) Enumerate the implied conditions and warranties in a contract of sale.

AÏçý$ÂMåûæ²#M>…{séMåû$tËZ¯ {æ²^çýa®çý± æØÅåþ◊çý$Ê$, ßÐ$>Ê$ ◊ðýÊ$æ²#Ïçý$$.


18) Discuss the powers and duties of directions.

yïýOÅïþMåûtÅåþÎ A§M>Å>Ê$, Ъ¦åý$Ê$ ^çýÆa…^çý$Ïçý$$.


(DBC 32)
B.Com. DEGREE EXAMINATION, DEC. - 2013
(Examination at the end of Final Year)
Part – II : Commerce
Paper – III : INCOME TAX AND PRACTICAL AUDITING
Time : 03 Hours Maximum Marks : 100

Section - A (2×5=10)
Answer any two of the following

1) Objects of auditing.
Byëýsëü…VŠû Ê„>ûÄÊ$
2) Internal check
A…◊çýÅåþY◊çý ◊çý¯S
3) Verification of assets
BæÛ$¡Ê$ æÛÆ^çý*^çý$r
4) Audit report
ByëýsŒü ¯Ïòý§Måû
Section - B (2×20=40)
Answer any two of the following

5) Explain the appointment and removal of auditor.


ByëýrÅŠþ ¯Ãåü*Ïçý$MåûÏçý$$, ◊õÊW…æ²#Ê®çý$ ÐÏçýÆ…^çý$Ïçý$$.
6) Distinguish between verification and valuation of assets and liabilities.
BæÛ$¡Ê$, Aæ²™Ê$ æÛÆ^çý*^çý$r, Ïçý$*ÊÄ…Måû®çýÏçý$$Ê Ïçý$ª¦åýÄ ◊óýyèÊ$ ◊ðýÊ$æ²#Ïçý$$.
7) ‘Vouching is the essence of audit’. Comment.
‘Byëýsëü…VŠû ÜêÅ>…ÓçüÏòý$ K_…VŠû’ ÐÏçý$Æ×…^çý$Ïçý$$.
8) Describe the procedure involved in auditing.
Byëýsëü…VŠû ËZ¯ M>Å>ÄæÛÅåþ⯠ÐÏçýÆ…^çýÏçý$$.
Section - C (2×5=10)
Answer any two of the following
9) Assessment year
æ²®çý$± ¯Å>©ÅåþÖü æÛ…Ïçý◊çýÝÅåþÏçý$$
10) Resident
¯ÏèìÛ
11) Fully exempted income
æ²NÆ¡V> æ²®çý$± Ð$®çýßÅþ$$…^çý¹yëý®çý B¦èÃåü$Ïçý$$
12) Self - assessment.
æÛÒÃåü$… æ²®çý$± ¯Å>©ÅåþÖü
Section - D (2×20=40)
Answer any two of the following

13) Mrs. ‘X’ has following income


Rs.
a) Salary 1,10,000

b) Dearness allowance (forming part of salary for

retirement benefits) 12,000

c) Medical allowance (actual expenditure Rs. 4,000 6,000

d) Education allowance (for three children) 5,200

e) Rent free house in Delhi for which the employer paid Rs. 5,000 per month as rent. The
house is equipped with rented furniture. The rent of the furniture is Rs. 300 p.m.

f) The employer had provided her a domestic servant, a sweeper and a watchman. The
employer paid Rs. 200 p.m. to each.

g) The employer spent Rs. 2,500 on her refresher course.

h) The employer paid her telephone bills of Rs. 2,200

i) Profession tax paid by Mrs. X is Rs. 1,200

Compute her taxable income for the assessment year

}Ïçý$† ‘X’ Ãðü$$MåûP B¦èÃåü$Ïçý$$Ê$ D Ъ¦åýÏçý$$V> Ïçý#®çý±Ð.


Ååþ*.
a) i◊çý… 1,10,000

b) MåûÅåþ$Ïçý# ¾åü◊èÄÊ (沦åýÑ ÐÏçýÅåþÖü æÛ¦åý$³êÃåü*ÊMåû$ Måûʦåý$)12,000


c) BÅ÷VåûÄ ¾åü◊çýÄ… (QÅåþ$a^òýìÛ®çý§ & 4,000) 6,000

d) ЦèÄ ¾åü◊çýÄ… (3 ì²ÊÎÊMåû$) 5,200

e) ÈëýÍÎËZ E_◊çý Våû•æÞü ÏçýæÛ† MõÅåþMåû$ ®ïýÊMåû$ Ãåü$fÏçý*¯ ^ïýÌÎ…_®çý A¦ïý© 5,000

A…¦åý$ËZ A¦ïý©Måû$ ◊ðý_a®çý Eæ²MåûÅåþÖéÊ$ ®ïýÊæÛÆ A¦ïý© 300

f) Ãåü$fÏçý*¯ ‘X’ AÏçýæÛÅåþÏçý$$ÊMåû$ V>®çý$ JMåû 沯Ïçý$¯ìØ, îÛÒæ²ÅŠþ, M>æ²Ëé¦èÅåþ$¯± ¯Ãåü$Ð$…^èyåý$.

ÏèÆMëû A◊çý®çý$ ^ïýÌÎæÛ$¡®çý± ®ïýÊæÛÆ A¦ïý© & 200 JMõPMåûPÆMëû

g) Æ{æ›æØÅŠþ M÷Ååþ$Ý MõÅåþMåû$ ‘X’ Ñ$¦åý Ãåü$fÏçý*¯ Ååþ*. 2,500 QÅåþ$a ^òýìÛ®èyåý$

h) Ãåü$fÏçý*¯ ^ïýÌÎ…_®çý ‘X’ sðüÌ·ø®Œý »Ê$ÎÊ$ Ååþ*. 2,200

i) ‘X’ Måûsëüt®çý Ïçý•†¡ æ²®çý$± Ååþ*. 1,200

{æ²æÛ$¡◊çý æ²®çý$± ¯Å>©ÅåþÖü æÛ…Ïçý◊çýÝÅ>¯Mëû B¦èÃåü*¯± VåûÖëü…^çý…yëý.


14) From the following information, compute total income of Mr. Surya for the current assessment
year.

a) Interest on tax free Govt. Securities Rs. 15,000 (net)

b) Interest on tax free debentures of X Ltd. Rs. 8,900 (net)

c) Interest on tax free debentures of Y Ltd. Rs. 7,800 (net)

d) Interest on debentures of Z Ltd. Rs. 12,000 (gross)

e) Lottery winnings Rs. 60,000 (gross)

f) Dividends from Indian companies Rs. 65,000 (gross)

g) Dividends from foreign companies Rs. 45,000 (gross)

h) Interest from bank deposits Rs. 10,000

1
i) Rent from sub let house Rs. 3,000 for portion (actual rent paid for the entire house Rs.
3
5,000 p.m. actual repairs Rs. 1,500)

j) Management consulting fee Rs. 45,000


k) Rent from letting of plant and machinery including building and furniture Rs. 60,000
(ordinary repairs Rs. 4,000, insurance premium Rs. 1,000 depreciation Rs. 6,000). He

claims the following deductions :

i) Collection charges of interest Rs. 1,200

ii) Collection charges of lottery winnings Rs. 2,000

iii) Lottery tickets purchased Rs. 6,000

iv) Interest on loan to purchase shares in foreign companies Rs. 1,800

{æ²æÛ$¡◊çý æ²®çý$± ¯Å>−ÅåþÖü æÛ…Ïçý◊çýÝÅåþÏçý$$Måû$ æÛ*ÅåþÄ Ïïý$$◊çý¡… B¦èÃåü*¯± {Mëû…§ ÐÏçýÅ>Ê Bª¦èÅåþ…V>
ËðüMëûP…^çý…yëý:

a) æ²®çý$±Ëóü¯ {æ²¾åü$◊çýÒ ñÛMåû*ÄÆsíüÊñ²O ¯MåûÅåþ Ïçýyíýz Ååþ*. 15,000

b) X ÌÐ$sðüyŠý æ²®çý$± Ëóü¯ yëýºðü…^çýÅåþÎñ²O ¯MåûÅåþ Ïçýyíýz Ååþ*. 8,900

c) YÌÐ$sðüyŠý æ²®çý$± Ëóü¯ yëýºðü…^çýÅåþÎñ²O ¯MåûÅåþ Ïçýyíýz Ååþ*. 7,800

d) Z ÌÐ$sðüyŠý yëýºðü…^çýÅåþÎñ²O æÛ*¥Ê Ïçýyíýz Ååþ*. 12,000

e) ËérÇËZ VïûÊ$³ö…§®çý æÛ*¥Ê Ïïý$$◊çý¡… Ååþ*. 60,000

f) ¾éÅåþ Ãåü$ Måû…ñ²°Ê ®çý$…yëý æÛ*¥Ê yëýÐyïý…yåý$Î Ååþ*. 65,000

g) ЦòýÕ Måû…ñ²°Ê ®çý$…yëý æÛ*¥Ê yëýÐyïý…yåý$Î Ååþ*. 45,000

h) ºéÄ…Måû$ yëý³êhrÎñ²O Ïçýyíýz Ååþ*. 10,000

i) Eæ² A¦ïý©Mëû_a®çý Våû•ßìÛ¡ ®çý$…yëý 1/3 Ïçý ¾éV>¯Mëû Ïçý_a®çý A¦ïý© Ååþ*. 3,000 (Ïïý$$◊çý¡… Våû•ß¯Mëû
^ïýÌÎ…_®çý ÏèæÛ¡ÐMåû A¦ïý© ®ïýÊMåû$ Ååþ*. 5,000, ÏèæÛ¡ÐMåû Ïçý$ÅåþÏçý$Â◊çý$¡Ê$ Ååþ*. 1,500)

j) ¯ÅåþÒæÞüÖü æÛÊß Ååþ$æÛ$Ïçý$$ Ååþ*. 45,000

k) ¾åüÏçý®èÊ$, æ›Ç±^çýÅåþ$◊÷ æÛß A¦ïý©MëûÏçýÒ¹yåý$®çý ³êÎ…r$, Ãåü$…{◊èÊ$ ®çý$…yëý A¦ïý© Ååþ*. 60,000
(ÜꪦèÅåþÖü Ïçý$ÅåþÏçý$Â◊çý$¡Ê$ Ååþ*. 4,000, ÀÏçý* {î²Ð$Ãåü$… Ååþ*. 1,000, ◊çýÅåþ$Våû$¦åýÊ Ååþ*.
6,000)
A◊çý®çý$ M÷Ååþ$◊çý$®çý± ◊çýWY…æ²#Ê$ :
i) Ïçýyíýz ÏçýæÛ*Ê$ ^èÇjÊ$ Ååþ*. 1,200

ii) ËérÇËZ VïûÊ$³ö…§®çý Ïïý$$◊衯Mëû ÏçýæÛ*Ê$ ^èÇjÊ$ Ååþ*. 2,000

iii) ËérÇ sëüMïûPr$Î Mõ®çý$V÷Ê$ Ååþ*. 6,000

iv) ЦòýÕ Måû…ñ²°ÊËZ ÏèséÊ Mõ®çý$V÷Ê$ MõÅåþMåû$  æÛ$Måû$®çý± ¹$$Öü…ñ²O Ïçýyíýz Ååþ*. 1,800.
15) State the provisions of law relating to set off and carry forward of losses.

®çýÙêtÊÏçý$$¦åýÅ>, Ïçý$$…¦åý$Måû$  ìÛMõ¯ ³øÏçý#rÊMåû$ æÛ…¹…ª§…_®çý ^çýrt ¯¹…ª¦åý®çýÊ$ ◊ðýÊ$æ²#Ïçý$$.


16) Explain the incomes partly exempted from tax.

æ²®çý$± ®çý$…yëý ³ê„ëûMåûÏçý$$V> Ð$®çýßÅþ$$…^çý¹yë ®çý B¦èÃåü*Ê®çý$ ÐÏçýÆ…^çý$Ïçý$$.


(DBC 33)
B.Com. DEGREE EXAMINATION, DEC. - 2013
(Examination at the end of Final Year)
Part – II : Commerce

Paper – III : COST AND MANAGEMENT ACCOUNTING


Time : 03 Hours Maximum Marks : 100

SECTION - A (4 × 5 = 20)
Answer any FOUR of the following.
1) Cost unit
È" ½¼! ( ¼! $¨v

2) Nature of management accounting

¨¾Þ Ëß× Ï DP †v †Y‹ ßÔË· È" È" #

3) Indirect materials
D~ß«”$ ½…Þ ß«§é¾Þ ¦È" #

4) Halsey plan
ØÌŒý(Ô ß«œÞ PÞ È" #

5) Apportionment
ß«†*«Ï

6) Trend analysis
~ß«È" ’‡› ÉÌ0 ÇßÑÈ" #

7) Current ratio
~ß«ßÔ(›”$ ¨ßÑ−‡›

8) Overhead
NÈ" ¾‹ 5× |‹
SECTION – B (2 × 10 = 20)
Answer any TWO of the following.
9) Explain the nature and scope of cost accounting.

È" ½¼! ( DP †v †Y‹ ßÔË· È" È" #0 ß«¿¤¡Ã§" ( ÉÈ" ¿†a$ (È" #2
10) From the following balance sheet of X company as on 31.12.2005 calculate (a) Debt
equity ratio (b) Fixed assets turnover ratio (c) Current ratio (d) Liquid ratio.

Liabilities Rs. Assets Rs


Equity Capital 100 Fixed Assets 180

9% Preference capital 50 Stores 25

8% debentures 50 Debtors 55

Reserves 20 Bills receivable 3

Creditors 45 Bank 2
265 265

¡YÞ (È" Fbd§" 7525626449 ¯év X PÞ †5«© E*Ô› Dß«•Ã ß«v w §" (†|
(a) Dßß«'− GP Ëv ¨ßÑ−‡› (b) *ÔŸ¾AßÔ(›Ã u¾PªÈ" ¾‹ ¨ßÑ−‡› (c) PÞ ¾R †u( ¨ßÑ−‡› (d) ÅP Ë|‹ ¨ßÑ−‡›¨
ÄU P S†a$ †| 2
Dß«'−Ã( ¾Þ .2 EßÔ(›Ã( ¾Þ .2
GP ËvX È" $ä Þ §" È" # 100 *ÔŸ¾AßÔ(›Ã( 180

9 ÌA”$ † E¤¡PÞ ½ß«' Ðév È" $ä Þ §" † 50 Õ[w¾Þ (Ö 25

8 ÌA”$ † | ³U †a$ ¾Þ (Ç 50 ²#Ï ®YÞ ßÔ(›Ã( 55

¿i¾Þ (ËÃ( 20 È" ßÔ.Ã( ´Ã(ÇÃ( 3

²#Ï §é”$ Ã( 45 ³ ½†PÞ (Ä] §" YÞ  Þ ( 2

265 265

11) The following are the Balance Sheets of kumar & Co. for the years ending 31st,
December, 2003 and 2004. Comment on the financial position of the concern by
preparing comparative Balance Sheets :
Balance sheets as at 31st December, 2003 and 2004

Liabilities 2003 2004 Assets 2003 2004


Rs. Rs. Rs. Rs.
Equity share capital 6,00,000 8,00,000 Land and buildings 3,70,000 2,70,000
Reserves and surplus 3,30,000 2,22,000 Plant and machinery 4,00,000 6,00,000
Debentures 2,00,000 3,00,000 Furniture & fixtures 20,000 25,000
Long-term loans Other fixed assets 25,000 30,000
On mortgages 1,50,000 2,00,000 Cash in hand
Bills payable 50,000 45,000 and at bank 20,000 80,000
Sundry creditors 1,00,000 1,20,000 Bills receivables 1,50,000 90,000
Other current Sundry debtors 2,00,000 2,50,000
Liabilities 5,000 10,000 Stock 2,50,000 3,50,000
Prepaid expenses -------- 2,000

14, 35, 000 16, 97, 000 14, 35, 000 16, 97, 000

MPÞ Ð齬e¾Þ ßÔ†ßÔŸ E*Ô› Dßß«'−à ߫vX wÄ] 6447 È" (¿¼! # 6448 È" ßÔ†È" ”$ Ö¾AÃPÞ ( ®P †¡ ɤ Þ †YA H¯éª¾ #2 Èhv
E«§é¾Þ †YA ”$ (ïé”$ »PÞ E*Ô› Dßß«'−à ߫vX w¨ ”$ ¼! .¾Þ (a0 *Ô Ðé½U ½¨†a$ (È" #:
Dßß«'−Ã( 6447 6448 EßÔ(ŸÃ( 6447 6448
¾Þ .2 ¾Þ .2 ¾Þ .2 ¾Þ .2
FP ËvX Ðév È" $ä Þ §" † 6,00,000 8,00,000 ·! .É(0 ·! È" ¯éÃ( 3,70,000 2,70,000

¿i¾Þ (ËÃ( È" (¿¼! # É(YÞ (Ã( 3,30,000 2,22,000 ¬edžu(0 ¼! (†~™éÃ( 4,00,000 6,00,000

| ³U †a$ ¾Þ (Ç 2,00,000 3,00,000 ß—Àªa$ ¾Þ ( & *—PÞ d¾Þ (Ç 20,000 25,000


™éPÞ u(wR5« ¢¾Þ „PAÅPÞ F”$ ¾Þ *ÔŸ¾Þ EßÔ(›Ã( 25,000 30,000

²#Ï Ã( 1,50,000 2,00,000 a0 ‡Ä] §" YÞ  Þ ( È" (¿¼! #


aR Ådž߫' ß× (†|X Ã( 50,000 45,000 ³ ½†PÞ (Ä] §" YÞ  Þ ( 20,000 80,000
²#Ï §é”$ Ã( 1,00,000 1,20,000 È" ßÔ.Ã( ß× (†|X Ã( 1,50,000 90,000

F”$ ¾Þ ~ß«ßÔ(›”$ Dßß«'−Ã( 5,000 10,000 ²#Ï ®YÞ ßÔ(›Ã( 2,00,000 2,50,000
ßÔ¾Þ (PÞ ( 2,50,000 3,50,000
È" #† Þ (YA aR Ådžb§" È" ½¼! .Ã( ---- 2,000

14, 35, 000 16, 97, 000 14, 35, 000 16, 97, 000
12) Two materials A and B are used as follows:

Normal usage = 50 units per week

Maximum usage = 75 units per week

Minimum usage = 25 units per week

Re-order quantity = A = 400 units

B = 600 units

Re-order period = A = 4 to 6 weeks

B = 2 to 4 weeks

Calculate for each material

(a) Minimum level

(b) Maximum level

(c) Re order level

A È" (¿¼! # B ÈR (vX ¿¼! (ÌŒýÖ É¨¼U .YÞ È" # G ɤ Þ †YA H†¡ :

Õe«§é¾Þ Ï É¨¼U .YÞ È" # = Ðé¾A¨P 50 ¼! $¨u(Ç

YÞ ¿ßÑ{ ɨ¼U .YÞ È" # = Ðé¾A¨P 75 ¼! $¨u(Ç

PÞ ¨ßÑ{ ɨ¼U .YÞ È" # = Ðé¾A¨P 25 ¼! $¨u(Ç

À E¾Þ }¿†Y‹ ß«¿È" .Ï È" # = A = 400 ¼! $¨u(Ç

B = 600 ¼! $¨u(Ç

À E¾Þ }¾‹ PAÃÈ" # = A = 4 §" (†| 6 Ðé¾AÃ(

B = 2 §" (†| 4 Ðé¾AÃ(

~ß«‡ ÈR (v ¿¼! (ÌŒýPÞ ( G ®P †¡ Ðév ¨ PÞ §" (Yr§" †| :

(a) PÞ ¨ßÑw ÕeŸ¾ #


(b) YÞ ¿ßÑw ÕeŸ¾ #
(c) À E¾Þ }¿†Y‹ ÕeŸ¾ #
SECTION – C (3 × 20 = 60)

Answer any THREE of the following

13) What are the considerations in the installation of cost accounting system ?

È" ½¼! ( DP †v †Y‹ È" ½È" ßÔŸ ~ß«È0 Ì! 5«u(wuÄ]¨ ß«¿YÞ Ï Ã( KÉ(B

14) Prepare a common size statement from the following balance sheet.
Balance sheet of Maruthi Ltd. As on 31st March
Liabilities 1999 2000 Assets 1999 2000
Rs. Rs. Rs. Rs.
Capital 1,000 1,200 Debtors 450 390
Capital reserve 90 185 Cash 200 15
General reserve 500 450 Stock 320 250
Sinking Fund 90 100 Investment 300 250
Debentures 450 650 Building 800 1,400
Creditors 200 150 Land 198 345
Other liabilities 15 20 Furniture 77 105
2, 345 2, 755 2, 345 2, 755

G ®P †¡ E*Ô› Dß«'−à ߫vX w §" (†| ßÔÈ" ( ß«¿È" .Ï ¨È0 ¡PÞ §" ( ”$ ¼! .¾Þ ( a0 ¼! (†| :

31 È" .¿d ¯év È" .¾Þ (š ÅÉ(vU |‹ E*Ô› Dß«'−à ߫vX w


Dß«'−Ã( 5=== 6444 EßÔ(›Ã( 5=== 6444
¾Þ .2 ¾Þ .2 ¾Þ .2 ¾Þ .2
È" $ä Þ §" † 1,000 1,200 ²#Ï ®YÞ ßÔ(›Ã( 450 390

È" $ä Þ §" ¿i¾Þ (Ë 90 185 §" YÞ  Þ ( 200 15

Õe«§é¾Þ Ï ¿i¾Þ (Ë 500 450 ßÔ¾Þ (PÞ ( 320 250

¨…0 ß« ¨¤¡ 90 100 5«u(w²|Þ (Ã( 300 250

| ³U †a$ ¾Þ (Ç 450 650 ·! È" ¯éÃ( 800 1,400

²#Ï §é”$ Ã( 200 150 ·! .È" #Ã( 198 345

F”$ ¾Þ Dß«'−Ã( 15 20 ß—Àªa$ ¾‹ 77 105

2, 345 2, 755 2, 345 2, 755


15) From the following details, make out the balance sheet :

(a) Stock turnover ratio – 6

(b) Capital turnover ratio – 2

(c) Fixed assets turnover ratio – 4

(d) Gross profit ratio – 20%

(e) Debtors velocity – 2 months

(f) Creditors velocity – 73 days

The gross profit was Rs. 60,000, Reserves and surplus amounts to Rs. 20,000, closing
stock was Rs. 5,000 in excess of opening stock.

®P †¡ FÈ" ˲| §" ÉÈ" ¾Aà §" (†| E*Ô› Dß«'−à ߫vX w¨ ”$ ¼! .¾Þ ( a0 ¼! (†| :

(a) ßÔ¾Þ (PÞ ( u¾PªÈ" ¾Þ ( ¨ßÑ−‡› –6

(b) È" $ä Þ §" u¾PªÈ" ¾Þ ( ¨ßÑ−‡› –2

(c) *ÔŸ¾Þ EßÔ(›Ã u¾PªÈ" ¾Þ ( ¨ßÑ−‡› –4

(d) ßÔ.ŸÃ Ä ·! ¨ßÑ−‡› – 20%

(e) ²#Ï ®YÞ ßÔ(›Ã ÈR Ä Ô* v – 2 §R ÃÃ(

(f) ²#Ï §é”$ Ã( ÈR Ä *Ôv – 73 ¾PiÃ(

ßÔ.ŸÃ Ä ·! † ¾Þ .2 60,000 ¿i¾Þ (ËÃ( È" (¿¼! # É(YÞ (Ú! (Ý ¾Þ .2 20,000 2 È" #Z†ß«' ßÔ¾Þ (PÞ ( ~¬e¾Þ †·! ßÔ¾Þ (PÞ (R5« ¾Þ .2
5,000 D¤¡PÞ †YA H†¡2

16) From the following particulars, prepare a cost sheet and find out the percentage of
works overhead to productive wages, percentage of general overhead to work cost
and the percentage of net profit on sales :

Rs.
Sales 12,00,000
Works overhead 75,000
Materials on 1.1.2008 20,000
Finished goods on 1.1.2008 30,000
Purchases 5,50,000
Office/General overhead expenses 50,000

Finished goods on 31.1.2008 25,000

Productive wages 2,50,000

Materials on 31.1.2008 70,000

Work-in –progress 1.1.2008 10,000

Work-in-progress 31.1.2008 25,000

G ®P †¡ ÉÈ" ¾Aà §" (†| È" ½¼! ( ¨È0 ¡PÞ §" ( ”$ ¼! .¾Þ ( a0 *Ô0 ~ß«”$ ½…Þ È0 ”$ ¯éÃPÞ (§" ( H”$ −‡› NÈ" ¾‹ 5× |‹ T¾Þ (dà ÌA”$ †; H”$ −‡›
Õe«§é¾Þ Ï NÈ" ¾‹ 5× |‹ T¾Þ (dà ÌA”$ † È" (¿¼! # DÈ" (»PAÃR5« Ä ·! ÌA™é¨ª ÄU P S†a$ †| 2

¾Þ .2
DÈ" (»PAÃ( 12,00,000

H”$ −‡› NÈ" ¾‹ 5× |‹ T¾Þ (dÃ( 75,000

1.1.2008 ¯év È" #| ß«§é¾A¦Ã( 20,000

1.1.2008 ¯év ”$ ¼! .R¾R §" È" Ôß (›È" 'Ã( 30,000

Pr§" (YPÚ! (Ý 5,50,000

Õe«§é¾Þ Ï E{—ßÔ( T¾Þ (dÃ( 50,000

31.1.2008 ¯év ”$ ¼! .R¾R §" È" ßÔ(›È" 'Ã( 25,000

H™é− Þ PÞ È0 ”$ §hÃ( 2,50,000

31.1.2008 ¯év È" #| ß«§é¾A¦Ã( 70,000

1.1.2008 ¯év Pr§" ÕeYÞ (”$ (§" ª ß«¨ 10,000

31.1.2008 ¯év Pr§" ÕeYÞ (”$ (§" ª ß«¨ 25,000

17) The following particulars relate to manufacturing company which has three
production departments P1,P2 and P3 and two service departments S1 and S2. The
overheads in the primary distribution are as follows :

P1 : Rs. 6,500 P2 : Rs. 6,000; P3 : Rs. 5,000;

S1 : Rs. 1,200; S 2 : Rs. 1,000


Expenses of service departments S1 and S2 are apportioned as under :
P1 P2 P3 S1 S2

S1 : 40% 30% 20% --- 10%

S2 : 30% 30% 20% 20% ----

Find out the total overheads of production departments charging service


department costs to production departments by simultaneous equation method.

¡YÞ (È" ÉÈ" ¾AÃ( MPÞ È" ßÔ(›È" ' ”$ ¼! .À PÞ †5«©Ä]¨ P1, P2 È" (¿¼! # P3 D§0 È" $|Þ ( H”$ −‡› É· YAÃ( S1 È" (¿¼! # S2
D§0 ¾R †|Þ ( (ÔÐé É· YAÃPÞ ( ßÔ†²†¤¡†b§" É2 ~¬eœÞ É(PÞ ß«†*«Ï Ä] NÈ" ¾‹ 5× |‹ Ö G ®P †¡ ɤ Þ †YA H¯éª¾ # :

P1 : ¾Þ .2 6,500; P2 : ¾Þ .2 6,000; P3 : ¾Þ .2 5,000;

S1 : ¾Þ .2 1,200; S2 : ¾Þ .21,000

(ÔÐé É· YÞ È" #à T¾Þ (dç" ( ®P †¡ ɤ Þ †YA ß«†*«ÏX a0 ¼! (È" ÄU §" (2


P1 P2 P3 S1 S2

S1 : 40% 30% 20% --- 10%

S2 : 30% 30% 20% 20% ----

ßÔÈ" (PAƧ" ßÔÊ(PÞ ¾Þ Ï Ã ß« Þ ¦‡ §é˾A (ÔÐé É· YAà NÈ" ¾‹ 5× |‹ Ö§" ( H”$ −‡› É· YAÃPÞ ( ^é¿m a0 (Ô H”$ −‡› É· YAÃ
ÈR #”$ ›† NÈ" ¾‹ 5× |‹ Ö§" ( PÞ §" (Yr§" (È" #2

18) A contractor undertake a contract to construct a building . The following information


is given below:

Rs.
Materials
Direct purchase 50,000
Issued from stores 10,000
Wages 45,000
Opening plant 1,00,000
Direct expenses 3,500
Overheads 2,000
Closing materials 1,000
Closing plant 90,000
Materials lost by fire 500
Salvage value thereon 150
Value of work certified 1,59,000
Cost of work uncertified 4,500
The value of the contract is Rs. 2,15,000. Cash received 90% value of work certified
Prepare contract account.

MPÞ PA†~v PÞ w¾Þ ( ´Å}†Y‹ §" ( ¨¿»†a$ (uPÞ ( PA†~v PÞ (w šßÔ(Pr¯éª|Þ (2 ¢¨P ßÔ†²†¤¡†b§" ÉÈ" ¾AÃ( ®P † Þ FÈ" Ë|Þ RÈR (§" ¡2
¾Þ .2
ÈR (vX ¿¼! (ÌŒýÖ

~ß«”$ ½…Þ Pr§" (YPÚ! (Ý 50,000

Õ[w¾‹ §" (†| šßÔ(Pr§" ªÉ 10,000

È0 ”$ ¯éÃ( 45,000

~¬e¾Þ †·! ß«' ¬edžu( ÉÃ(È" 1,00,000

~ß«”$ ½…Þ T¾Þ (dÃ( 3,500

NÈ" ¾‹ 5× |‹ Ö 2,000

È" #Z†ß«' ÈR (vX ¿¼! (ÌŒýÖ 1,000

È" #Z†ß«' ¬edžu( 90,000

DZªP PAŬ[¾ #§" ÈR (vX ¿¼! (ÌŒýÖ 500

PAŬ[¾ #§" ÈR (vX ¿¼! (ÌŒýÖ ÉÃ(È" 150

ßÔ¿wR5« a0 *Ô§" ß«¨ ÉÃ(È" 1,59,000

ßÔ¿wR5— a0 ¼! (¨ ß«¨ ÉÃ(È" 4,500

PA†~v PÞ (w ÉÃ(È" 2,15,000

§" YÞ  Þ ( šßÔ(Pr§" ª ÈR #”$ ›† ,ßÔ¿wR5— a0 *Ô§" ÉÃ(È" Ä] 90%- PA†~v PÞ (w U ™é§" ( ”$ ¼! .¾Þ ( a0 ¼! (†| 2
(DBC 34)
B.Com. DEGREE EXAMINATION, DEC. – 2013
(Examination at the end of Final Year)
Part - II : Commerce
Paper - III : BUSINESS CORRESPONDENCE AND REPORT WRITING

Time : 03 Hours Maximum Marks : 100


SECTION-A (4 × 5 = 20)
Answer any Four of the following
1) Formal Communication
Ä †a$ §" ~¬e¼! (RÈR (§" ßÔ† 0 Ì! È" #2
2) Feedback
~ß«‡ß«'*Ñ{
3) E-mail
G*RÈR (Ä
4) Elements of communication.
ßÔ† 0 Ì! È" #Ä]¨ D†ÌAÃ(
5) Enquiry letter
ß«¿Ì]¤ Þ §" H”$ ›¾Þ È" #
6) Resume
Õe¾A†Ì! È" #
7) Special report
~ß«”0 ½PÞ ¨È0 ¡PÞ
8) Intra-personal communication.
È" ½P ›YA D†”$ ¾Þ \”$ ßÔ† 0 Ì! È" #2
SECTION-B (2 × 10 = 20)
Answer any Two of the following

9) Explain the process of communication.


ßÔ† 0 Ì! È" # ~ß«®P ¼! (§" ( ÉÈ" ¿†a$ (È" #2
10) Give an account of communication networks.
ßÔ† 0 Ì! «ß ' DÅÇPÞ Ã YÞ (¿†b ”R Ã(ß«'È" #2

11) Draft model a letter calling for interview.


È" “VPÞ ß«¿…Þ PÞ ( *«Ã(a$ ( §" È" $¯é H”$ ›¾A¨ª ”$ ¼! .¾Þ ( a0 ¼! (†| 2

12) Describe the steps involved in report writing.


¨È0 ¡PÞ ”$ ¼! .¾Þ ( a0 ¼! #uÄ] FÉ(| È" '§" ª D†ÌAç" ( ÉÈ" ¿†a$ (È" #2

SECTION-C (3 × 20 = 60)
Answer any Three of the following
13) What are the functions of communication?
ßÔ† 0 Ì! È" # ¼U #PÞ S ɤ Þ (Ã( KÉ(B

14) Bring out different forms of communication.


Éɤ Þ ßÔ† 0 Ì! ¾Þ .¬eç" ( ”R Ã(ß«'È" #2

15) Suggest measures for effective communication.


ßÔÈ" (¾Þ ¦È" †”$ RÈR (§" ßÔ† 0 ÌA¨P a$ ¾Þ ½Ã( ßÔ.b†a$ †| 2

16) Discuss the physical aspects of business letter.


Ð齬e¾Þ H”$ ›¾Þ È" # ¼U #PÞ S ³ ß× ½ÉßѼ! .Ã( a$ ¿d†a$ (È" #2

17) Classify reports with suitable examples.


ßÔ¿R¼U (§" H§éß× ¾Þ Ï ÃÄ] ¨È0 ¡PÞ Ã§" ( È" À\PÞ ¿†a$ †| 2

18) Enumerate the skills required to write replies against complaints.


*—¾A½ Þ (ÃPÞ ( ßÔÈ" .¤§é§hÃ( ~Ðé¼! #uPÞ ( PAÈ" Ã*Ô§" R§R ß«'Ï ½È" #§" ( ”R Ã(ß«'È" #2
(DBC 35)
B.Com. DEGREE EXAMINATION, DEC. – 2013
(Examination at the end of Final Year)
Part – II : Commerce
Paper – III : BUSINESS DATA PROCESSING SYSTEMS
Time : 03 Hours Maximum Marks : 100

SECTION - A
Answer any Four Questions. (4 × 5 = 20)
5Ô…Þ ¯Œþ * J
®P †¡ Ðév Ä] KR R ¯é ¯éÃ(\ ~ß«Ì! ªÃPÞ ( ßÔÈ" .¤§é§" È" #Ã( ~Ðé¼! #È" #2

1) Control File.

¨¼! (†~”$ Ï R5—ÌŒý2

2) Data storage Files and Records.

|0 v ¨ÃË R5—ÌŒýÖ È" (¿¼! # ¿PA¾‹ }Ã(2

3) Creating Database.

|0 v ³† ŒÔ ®P ¼† (ßѯŒþ2

4) Distributed System.

| ^*Ôw².½u|‹ *ÔßÔtÐŒþ$2

5) Mailing Lables.

ÈR (¾ #ņY‹ Ć ²(ÌŒýÖ2

6) Dialog Boxes.

R|R Ä Y‹ ³ P‹ ÖÃ(2
7) Format Menu.

°e¾A»sŒý ÈR (§" (2

8) Database administration.

|0 v ³† ŒÔ D| »¨^(ÔwßѯŒþ2
SECTION - B
Answer any TWO Questions. (2 × 10 = 20)
5Ô…Þ ¯Œþ * ´
KR R ¯é ¾R †|Þ ( ~ß«Ì! ªÃPÞ ( ßÔÈ" .¤§é§" È" # ~Ðé¼! #È" #2

9) State stepwise procedure to build database.


D†a$ Ã(YA |0 v ³† ŒÔ ¨¿»†a$ ( PA¾Þ ½ßÔ¾Þ Û¨ ”R Ã(−È" #2

10) Explain the important commands of Dbase software.


Dbase ÕeŒ—wÈ0 ¾‹ Ä]¨ È" #T½RÈR (§" PÞ È" .†|‹ à YÞ (¿†b ÉÌ! ¢PÞ ¿†a$ (È" #2

11) Describe what are the types of files.


R5—ÌŒý ¼U #PÞ S ¾Þ PAÃ( ~Ðé¼! #È" #2

12) Features of Word processing.


È" ¾‹ } ~¬‹5Ô*Ô†Y‹ Hß«¼U .YAÃ( ¾A¼! #È" #2
SECTION - C
Answer any Three Questions. (3 × 20 = 60)
5Ô…Þ ¯Œþ * *Ô
KR R ¯é È" $|Þ ( ~ß«Ì! ªÃPÞ ( ßÔÈ" .«§é§hÃ( ~Ðé¼! #È" #2

13) Bring out the Basic features and Menu options of MS – Word Software.
MS È" ¾‹ } ÕeŒ—wÈ0 ¾‹ ¼U #PÞ S ~ß««§é§" Ã…Þ ×êÃ(0 ÈR (§" . E5«Û¯ŒþÖç" ( ”R Ã(ß«'È" #2

14) Describe the difference between data processing and data manipulation.
|0 v ~¬eßÔ*Ô†Y‹ È" (¿¼! # |0 v È" .¨ß«'Ć ßѯŒþ È" (¤ Þ ½ È" ½”h½ÕeÃ( ”R Ã−†| 2

15) What are Formatted Reports? Explain the advantages of Formatted reports.
°e¾A»vU |‹ ¿¬[¾‹ w Ö KÉB Ðév ¼U #PÞ S Hß«¼U .YAÃ( ~Ðé¼! #È" #2

16) Mail Merge creation in MS – Word.


JÐŒþ$2JŒÔ2 * È" ¾‹ }Ä] ÈR (¾ #ÌŒý ÈR (¾‹ m ®P ¼† (ßѯŒþ YÞ (¿†b ”R Ã(−È" #2

17) What are the different chartes used in Excel and Explain it in detail?
JP‹ Ö¼U (ÌŒý Ä]¨ Éɤ Þ ¾Þ PAà ^龋 w ÖÃYÞ (¿†b ÉÈ" ¿†ß«'È" #2

18) Write the Applications and limitations of Dbase Software.


Dbase ÕeŒ—wÈ0 ¾‹ Ä]¨ D*«ÇP0 Ñß ¯ŒþÃ( È" (¿¼! # Ðév ß«¿É(”$ (Ã( ”R Ã(−È" #2
*****
(DBC 36)
B.Com. DEGREE EXAMINATION, DEC. - 2013
(Examination at the end of Final Year)
Part - II : Commerce
Paper – III : CORPORATE ACCOUNTING
Time : 03 Hours Maximum Marks :100

SECTION – A (4 × 5 = 20)
Answer any Four of the following

1) Internal reconstruction.
D†”$ ¾Þ \”$ ß«'§" ¾‹ ¨¾A»Ï È" #
2) Liquidation expenses
ß«¿ßÔÈ" .*«› T¾Þ (dÃ(
3) Slip System
cv ß« Þ ¦‡
4) Revenue account
¾A²| U ™é

5) Loss of stock
ßÔ¾Þ (PÞ ( §" ßÑwÈ" #
6) Minority interest
DÃ−ßÔ†U ½PÞ (Ã EßÔP ›
7) Statutory reserve
ÌAßÔ¯é”$ »PÞ ¿i¾Þ (Ë

8) Exchange ratio
ɨÈ" (¼! ( ¨ßÑ−‡›
SECTION – B (2 × 10 = 20)
Answer any Two of the following
9) Compare Indian accounting standards with international accounting standards.

· ¾Þ š¼! ( DP †v †Y‹ ~ß«È" .Ï Ã§" ( D†”$ ¾Amš¼! ( DP †v †Y‹ ~ß«È" .Ï Ã”P ßÔ¿¬[Ã(dÈ" #2
10) The following is the Balance Sheet of Mahesh Co. Ltd. As on 31 Dec. 2004:
Liabilities Rs. Assets Rs.
12,000 Shares of Land & Building 37,20,000
Rs. 500 each 60,00,000 Plant & Machinery 38,00,000
2,600 Debentures of Furniture & Fittings 1,00,000
Rs. 500 each 13,00,000 Patents & Trademarks 4,00,000
Sundry creditors 5,00,000 Stock 2,00,000
Insurance fund 1,30,000 Sundry Debtors 6,00,000
Workmen Cash 1,80,000
Savings bank 4,00,000
Reserve fund 6,50,000
Profit & Loss A/c 20,000
90,00,000 90,00,000
Kumar Co.Ltd. agreed to take over Mahesh Co.Ltd. on the following basis:
a) Payment of cash at Rs. 90 for every share in Mahesh Co. Ltd.
b) Payment of cash at Rs. 550 for every debenture in Mahesh Co. Limited.
c) Exchange of 4 shares of Kumar Co. Ltd. of Rs. 75 each (quoted in the market
Rs. 140 each) for every share in Mahesh Co.Ltd.
Write necessary Journal entries in the books of Mahesh Co. Ltd.
7525626448 È" ((× ŒÑ PÞ †2 ÅÉ(vU |‹ E*Ô› Dß«•Ã ß«v wPÞ ®P †¡ ɤ Þ †YA H†¡2
Dß«•Ã( ¾Þ .2 EßÔ(›Ã( ¾Þ .2
560444 Ðév Ã( ·! .É(0 ·! È" ¯éÃ( 7;0640444
5P ¾Þ .2 944 arß«•§" :40440444 ¬edžu(0 ¼! (†~™éÃ( 7<0440444
60:44 | ³U †a$ ¾Þ (Ç ß—¿ªa$ ¾‹ È" (¿¼! # *—v w†YÞ (Ã( 50440444
5P ¾Þ .2 944 arß«•§" 570440444 ~v |‹ È" .¾Þ (SÃ( & («vU †u(Ç 80440444
Éɤ Þ ²#Ï §é”$ Ã( 90440444 ßÔ¾Þ (PÞ ( 60440444
¹È" . ¨¤¡ 50740444 Éɤ Þ ²#Ï ®YÞ ßÔ(›Ã( :0440444
ß«¨Ðé¿ (ÔɆY‹ Ö ³ ½†PÞ ( 80440444 §" YÞ  Þ ( 50<40444
¿i¾Þ (Ë ß—†|‹ :0940444
Ä ·! §" Òewà U ™é 640444
=40440444 =40440444
R5« PÞ †5«©¨ PÞ (È" .¾‹ PÞ †5«© ÅÉ(vU |‹ G ®P †¡ ɤ Þ †YA šßÔ(PPÈ" yé¨P Mß«−† Þ † PÞ (¡¿†¡2
a) È" ((× ÔŒý PÞ †5«©Ä]¨ ~ß«‡ Ðév PÞ ( §" YÞ  Þ ( ¾Þ .2 =4Ã( aR Ådž߫'2
b) È" ((× ÔŒý PÞ †5«©Ä] ~ß«‡ | ³U †a$ ¾Þ (ÇPÞ ( §" YÞ  Þ ( ¾Þ .2 994Ã( aR Ådž߫'2
c) È" ((× ÔŒý PÞ †5«©Ä]¨ ~ß«‡ Ðév PÞ ( ² Þ (Ã(YA PÞ (È" .¾‹ PÞ †5«©Ä]¨ 8 Ðév Ã( Ðév 5P ¾Þ .2 ;9Ã( j À ,PPvU †|‹
È" .¾R SsŒý ÉÃ(È" ¾Þ .2 584 MPÞ Ðév PÞ (-
È" ((× ÔŒý PÞ †2 ÅÉ(vU |‹ ß«'ßÔ›PAÃÄ] DÈ" ßÔ¾Þ RÈR (§" ß« Þ (£Ã( ~Ðé¼! #È" #2

11) A life insurance company disclosed a fund of Rs. 2,00,000 and the balance sheet
total Rs. 45,00,000. On 31.12.01 before taking following into consideration.
a) A claim of 10,000 was intimated and admitted but not paid during the year.
b) A claim of 6000 outstanding in the books for 8 years
c) Interest on securities accrued Rs. 800 but not received during the year.
d) Rent on own building occupied Rs. 2,000.
e) Premium of 600 is payable under reinsurance.
f) Re-insurance recoveries 26,000.
g) Bonus utilized in reduction of premium Rs. 10,000 and
h) Agents commission to be paid 8000.
Pass the necessary journal entries for the above omission recomputed the fund show
he balance sheet total after making the above adjustments.

MPÞ lÉ”$ ¹È" . ßÔ†ßÔŸ G ®P †¡ ÄU PÞ SÄ]P šßÔ(PPPÞ È" #† Þ ( 75256245 ¨¤¡ ¾Þ .2 60440444 È" (¿¼! # E*Ô› Dß«•Ã ß«vX w
ÈR #”$ ›† ¾Þ .2 890440444 ”R ż! (j† Ôß (›†¡2
a) E ßÔ†È" ”$ Ö¾Þ È" #Ä] 540444 PR Ǿ #ÐŒþ$ ”R ż! (a0 *Ô D†[PÞ ¿†b§" ß«−v P ¾ #†PA aR Ådža$ Ć  Þ (2
b) YÞ ”$ < ßÔ†È" ”$ Ö¾Aà §" (†b aR Ådž^éÅÖ§" :444 PR Ǿ #ÐŒþ$§" ( ¾Þ  Þ (£ a0 ¼! .Å2
c) 5ÔPÞ .½¿vX ÃR5« E¿m†b§" È" |X } <44 ßÔ†È" ”$ Ö¾Þ È" #Ä] ¾ #†PA È" ßÔ.Ã( PAĆ  Þ (2
d) E®PÞ É(†b§" Õ‹†”$ ·! È" §" † R5« D R £ ¾Þ .2 604442
e) ß«'§" ÀºÈ" . È" ßÔ.Ú! Ý ®P † Þ ¾Þ .2 :44 aR Ådža$ |Þ RÈR (§" ¡2
f) ß«'§" ÀºÈ" . È" ßÔ.Ã( 6:04442
g) ~{«É(¼! († ”$ Z\†ß«'YA ɨ¼U .Z†b§" ³]§" ŒÔ ¾Þ .2 5404442
h) aR Ådž^éÅÖ§" KjU †uÇ PÞ Ê(ßѯŒþ ¾Þ .2 <04442
R5« ßÔ¾Þ (£³ uÇPÞ ( bv w ß« Þ (£Ã( ~Ðé*Ô0 ¨¤¡¨ ‡¿Z ÄU P S†b R5« ßÔ¾Þ (£³ uÇ ”$ ¾AË”$ E*Ô›*Dß«•Ã ß«vX w ÈR #™é›¨ª PÞ §" (Yr§" †| 2
12) The summarised Balance Sheets as on 31-12-05 of Rama Ltd. and Krishna Ltd. are
as under.
Liabilities Rama Krishna Assets Rama Krishna
Ltd. (Rs.) Ltd. (Rs.) Ltd. (Rs.) Ltd. (Rs.)
Authorised and issued Goodwill - 1,00,000
capital of Rs. 100 each 15,00,000 5,00,000 Buildings 6,00,000 -
Capital Reserve - 50,000 Plant and Machinery 6,50,000 4,20,000
General Reserve 2,00,000 60,000 Furniture 10,000 5,000
Profit and Loss A/c 1,20,000 - Stock 3,80,000 2,10,000
6% Debentures - 3,00,000 Debtors 2,30,000 1,80,000
Creditors 2,40,000 95,000 Cash and bank balance 1,90,000 15,000
Expenses on new project - 75,000
20,60,000 10,05,000 20,60,000 10,05,000

Krishna Ltd. was absorbed by Rama Ltd. on 1st January 2006 on the terms given
below:
a) Fixed assets other than goodwill to be valued at Rs. 5,00,000 including Rs.
6,000 for Furniture.
b) Stock to be reduced by Rs. 20,000 and debtors by 5%.
c) Rama Ltd. to assume liabilities and to discharge 6% debentures by the issue of 5%
debentures and a cash premium of 6%.
d) The new project to be valued at Rs. 95,000.
e) The shareholders of Krishna Ltd. to receive cash payment of Rs. 30 per share plus
four equity shares in Rama Ltd. for every five shares held.
f) Rama Ltd. to pay liquidation expenses of Krishna Ltd. amounting to Rs.
6,000.
Draft the journal entries in the books of Krishna Ltd. and Rama Ltd. and Balance
Sheet after absorption.
7525626449 §" ¾AÈ" ( ÅÉ(vU |‹ È" (¿¼! # ®P ßÑ— ÅÉ(vU |‹ Ðé¿ E*Ô› Dß«•Ã ß«vX wÃ( G ®P †¡ ɤ Þ †YA È" '¯éª¾ #

Dß«•Ã( ¾AÈ" ( Å2 ®P ßÑ— Å2 EßÔ(›Ã( ¾AÈ" ( Å2 ®P ßÑ— Å2


,¾Þ .2- ,¾Þ .2- ,¾Þ .2- ,¾Þ .2-
D¤¢PÞ –”$ j À D¾ #§" YÞ (|‹ ÉÌŒý * 50440444
È" $ä Þ §" È" #: 1
MPrSPÞ S Ðésê ¾Þ .2 544 arß«•§" 590440444 90440444 ·! È" ¯éÃ( :0440444 1 *
È" $ä Þ §" ¿i¾Þ (Ë * 940444 ¬edžu( È" (¿¼! # ¼! (†~™éÃ( :0940444 80640444
Õe«§é¾Þ Ï ¿i¾Þ (Ë 60440444 :40444 ß—¿ªa$ ¾Þ ( 540444 90444
Ìê·! §" Òewà U ™é 50640444 * ßÔ¾Þ (PÞ ( 70<40444 60540444
6% | ³U †a$ ¾Þ (Ç * 70440444 ²#Ï ®YÞ ßÔ(›Ã( 60740444 50<40444
~ß«ßÔ(›”$ Dß«•Ã(,²#Ï §é”$ Ã(- 60840444 =90444 §" YÞ  Þ ( È" (¿¼! # »ê½†PÞ ( ¨ÃË 50=40444 590444
®Pr”$ › ~¬ejU PÞ (w T¾Þ (dÃ( * ;90444
640:40444 540490444 640:40444 540490444
®P ßÑ— ÅÉ(vU |‹ 0 ¾AÈ" . ÅÉ(vU |‹ Ä] 452452644: §" ®P †¡ ¨²†¤ Þ §" ÃPÞ ( Ä]²| ßԆƧ" È" # aR †¡§" ¡2
a) YÞ (|‹ ÉÌŒý É(§" Ø É(Zŧ" *ÔŸ¾AßÔ(›Ã§" ( ¾Þ .2 90440444Ã(YA ¨¾Þ —¾ #†b¯é¾Þ (2 ,¾Þ .2 :0444 ß—¿ªa$ ¾Þ (”P ßÔØ-
b) ßÔ¾Þ (PÞ ( ÉÃ(È" §" ( ¾Þ .2 640444 ”P§" (0 ²#Ï ®YÞ ßÔ(›Ã§" ( 9%”P ”$ Z\†a$ È" ÄU §" (2
c) ¾AÈ" ( ÅÉ(vU |‹ Dß«•Ã§" ( šßÔ(Pr†u(†¡2 :%| ³U †a$ ¾Þ (ÇPÞ ( ² Þ (Ã(YA 9% | ³U †a$ ¾Þ ǧ" ( j À a0 Õe›¾Þ (2 §" YÞ  Þ (
~{«É(¼! († :%2
d) Pr”$ › ~¬ejU PÞ (w ÉÃ(È" ¾Þ .2 =90444Ã(YA ¨¾Þ —¾ #†b¯é¾Þ (2
e) ®P ßÑ— ÅÉ(vU |‹ Ðév §é¾Þ (ÃPÞ ( MPrSPÞ S Ðév PÞ ( ¾Þ .2 74 arß«•§" §" YÞ  Þ ( aR Ådž߫' È" (¿¼! # ~ß«‡ 9 Ðév ÃPÞ ( ¾AÈ" .
ÅÉ(vU |‹ Ä] 8 Õe«§é¾Þ Ï Ðév Ã( ¬‹† Þ (™é¾Þ (2
f) ¾AÈ" . ÅÉ(vU |‹ PÞ †5«© ÅP Ë|0 ßѯŒþ T¾Þ (dà ®P † Þ ®P ßÑ— ÅÉ(vU |‹ PÞ ( ¾Þ .2 :0444 aR Ådž^éÅ2

R5«ÉÈ" ¾Aà §" (†| ¾R †|Þ ( PÞ †5«©Ã ß«'ßÔ›PAÃÄ] bv w ß« Þ (£Ã( ~Ðé*Ô0 ßԆƧ" È" # ”$ ¾AË”$ E*Ô›0 Dß«•Ã ß«vX w¨ a$ .ß«†| 2

SECTION – C (3 × 20 = 60)
Answer any Three of the following
13) The Balance Sheet of Surya & Co. Ltd. for the year ending 31-3-2011 was as
follows:
Liabilities Rs. Assets Rs.
Equity share capital Goodwill 1,00,000
(Rs. 10 each) 8,00,000
Reserve & surplus 1,50,000 Other fixed assets 12,00,000
10% Debentures 2,00,000 Current assets 2,00,000
Creditors 2,00,000
Provision for taxation 1,50,000
15,00,000 15,00,000
On the above date, an independent valuation of goodwill and other fixed assets was
made at Rs. 1,50,000 and Rs. 15,00,000 respectively. Current assets include debtors
of Rs. 1,00,000 out of which 15% as bad. The net profits of the company for the past
3 years were Rs. 1,20,000; Rs. 1,40,000 and Rs. 1,52,500 of which 20% was placed
to reserve. The normal rate of return 10%.
Calculate the value of share by net asset method and yield method.

ßÔ.¾A½ PÞ †5«© ÅÉ(vU |‹ Ðé¿ E*Ô› Dß«•Ã ß«v wPÞ 75*7*6455§" ®P †¡ ɤ Þ È" #YA È" '§" ª¡2
Dß«•Ã( ¾Þ .2 EßÔ(›Ã( ¾Þ .2
GP ËvX Ðév È" $ä Þ §" È" # YÞ (|‹ ÉÌŒý 50440444
,¾Þ .2 54 arß«•§" - <0440444
¿i¾Þ (Ë0 É(YÞ (Ú! (Ý 50940444 F”$ ¾Þ *ÔŸ¾AßÔ(›Ã( 560440444
54%– | ³U †a$ ¾Þ (Ç 60440444 ~ß«ßÔ(›”$ EßÔ(›Ã( 60440444

²#Ï §é”$ Ã( 60440444


ß«§" (ª PPßÔ† K¾A−u( 50940444
590440444 590440444

R5« ”0 ¢§" 0 YÞ (|‹ ÉÌŒý È" (¿¼! # F”$ ¾Þ *ÔŸ¾AßÔ(›Ã ß«'§" C È" $Ä ½†PÞ §" §é˾A ¾Þ .2 50940444 È" (¿¼! # ¾Þ .2 590440444
È" ¾Þ (ßÔYA ¨¾Þ —¾ #†a$ ²| §" ¡2 ~ß«ßÔ(›”$ EßÔ(›ÃÄ] ²#Ï ®YÞ ßÔ(›Ã( ¾Þ .2 504404440 F† Þ (Ä] 59% ¾A¨ ³ PX Ã(2 YÞ ”$ È" $|Þ (
ßÔ†È" ”$ Ö¾Þ È" #Ã(YA ¨PÞ ¾Þ Ä ·! È" #Ã( È" ¾Þ (ßÔYA ¾Þ .2 506404440 ¾Þ .2 50840444 È" (¿¼! # ¾Þ .2 50960944 YA È" '§" ª¡2
F† Þ (Ä] 64% ¿i¾Þ (Ë È" '§" ª¡2 ÕeÈ" .§" ½ ¾A²| ¾0 u( 54%.
R5« D†ÌAç" ( E«§é¾Þ È" #YA a0 ßÔ(Pr¨0 Ðév ÉÃ(È" §" ( ¨PÞ ¾Þ E*Ô› ß« Þ ¦‡ È" (¿¼! # ß—Ã ß« Þ ¦‡ §" §" (ßÔ¿†b ÄU P S†a$ †| 2
14) The following trial balance was extracted from the books of Sravani Bank Ltd. for
the year ending 31-3-2012.
Debit Balance Rs. Credit Balances Rs.
Money at call & short notice 22,500 Share capital 1,50,000
Cash in hand 30,000 General Reserve 61,500
Cash with RBI 45,000 Profit & Loss A/c 60,000
Investments 96,000 Deposits 8,89,500
Buildings 68,400 Borrowings 90,000
Balance with other banks 57,000 Bills payable 24,000
Cash credits 7,95,000 Staff security deposit 10,500
Interest on deposits and
Borrowings 1,18,500 Discount on bills 15,000
Bills purchased 1,80,000 Commission, Brokerage 13,500
Salary, other expenses 72,000 Interest on loans 1,75,500
Audit fee 5,100 Income from investment 8,700
Postage, Telegram, Stationary 6,300
Depreciation on assets 2,400
14,98,200 14,98,200
Adjustments:
a) Provide Rs. 10,000 for rebate on bills discounted
b) Bills for collection Rs. 1,50,000 and endorsement Rs. 1,40,000.
c) Provide income tax at 40% of net profit.
You are required to prepare bank Profit and Loss Account and Balance Sheet along with
necessary schedules.
®ÌAÈ" Ï ³ ½†PÞ ( ÅÉ(vU |‹ Ðé¿ ß«'ßÔ›PAà §" (†| (ÔPÞ ¿†a$ ²| §" D†PÞ Ï 75*7*6456 ¯év P ®P †¡ ɤ Þ È" #YA H§" ª¡2
|R ´sŒý ¨ÃËÃ( ¾Þ .2 ®PR | sŒý ¨ÃËÃ( ¾Þ .2
PP¾Þ YA§0 ”$ PÞ (SÈ" È" ½È" ¤¡Ä] aR Ådža0
§" YÞ  Þ ( 660944 Ðév È" $ä Þ §" È" # 50940444
a0 ‡Ä] §" YÞ  Þ ( 740444 Õe«§é¾Þ Ï ¿i¾Þ (Ë :50944
RBI È"  Þ £ §" YÞ  Þ ( 89044 Ìê·! §" Òewà Rê™é :40444
5«u(w²|Þ (Ã( =:0444 | ¬eku(Ç <0<=0944
·! È" §" È" #Ã( :<0844 ²#×êÃ( =40444
F”$ ¾Þ »ê½†PÞ (à È"  Þ £ ¨ÃËÃ( 9;0444 aR Ådž߫' ß× (†|X Ã( 680444
§" YÞ  Þ ( ²#×êÃ( ;0=90444 *Ô²¶†¡ 5ÔPÞ .½¿vX | ¬eku(Ç 540944
| ¬eku(Ç0 ²#×êÃR5« È" | } 505<0944 ß× (†|X ÃR5« | Õ•S†u( 590444
ß× (†|X à Pr§" (YPÃ( 50<40444 PÞ Ê(ßѯŒþ0 ~³]PÞ ¾0 k 570944
l™éÃ(0 F”$ ¾Þ T¾Þ (dÃ( ;60444 ²#×êÃR5« È" | } 50;90944
E| sŒý {—n 90544 5«u(w²|Þ (ÃR5« E§é¼! (È" # <0;44
¬[(Ôwk0 vU Å®YAÐŒþ$, (Ôwßѧ" À :0744 EßÔ(›Ã5R « ”$ ¾Þ (YÞ ( Þ à 60844
580=<0644 580=<0644
ßÔ¾Þ (ª»êu(Ç:
a) ¾Þ .2 540444 ß× (†|X Ã( | Õ•S†u(R5« ¿³† u( K¾A−u( a0 ¼! .Å2
b) È" ßÔ.Ã( PPßÔ† ´Ã(ÇÃ( ¾Þ .2 50940444 È" (¿¼! # {ÔËPÞ ’”$ (Ã( ¾Þ .2 508404442
c) ¨PÞ ¾Þ Ìê·! È" #R5« E§é¼! ( ß«§" (ª 84% K¾A−u( a0 ¼! .Å2
R5« D†ÌAç" ( E«§é¾Þ È" #YA a0 ßÔ(Pr¨ »ê½†PÞ ( ¼U #PÞ S Ìê·! §" Òewà Rê™é0 E*Ô› Dß«•Ã ß«v wPÞ §" ( DÈ" ßÔ¾Þ RÈR (§" 5Ñ|Þ .½Ã(§" (
”$ ¼! .¾Þ ( a0 ßÔ.› a$ .ß«†| 2

15) Rahiman Co. Ltd. Was incorporated on 1st May 2010 to take over the business of a
going concern from 1st January of the same year. The total turnover for the year
ending 31st December was Rs. 4,00,000 namely Rs. 1,20,000 upto May 1st and Rs.
2,80,000 for the following period. The profit and loss account details are given
below. Ascertain the profit prior to incorporation and also divisable profits. Gross
profit Rs. 1,40,000.

Rent, Rates 6,480 Insurance 1,440


Lighting 4,080 Salaries 15,600
Director fee 4,000 Sales commission 20,000
Office expenses 4,800 Sales discount 10,000
Carriage outward 6,000 Bank charges 840
Repairs 2,760 Bad debts 1,200
Interest on loan 2,400 Net profit 60,400

¾Þ *× È" .¯Œþ & PÞ †5«© È0 ( 50 6454 ¯é|Þ ( §" ÈR .R R D 0 ßÔ†È" ”$ Ö¾Þ È" # i§" È" ¿ 5 §" MPÞ Ð齬e¾A¨ª Pr§" (YPÃ( a0 *Ô†¡2
| 5Ô†²¾Þ ( 75 ¯év P ÈR #”$ ›È" # DÈ" (»PAÃ( ¾Þ .2 804404442 F† Þ (Ä] È0 ( 5 È" ¾Þ PÞ ( ¾Þ .2 50640444 YA§" (0 ”$ ¾Þ (Ðé”$
PAÌê¨P ¾Þ .2 60<40444 YA§" ( È" '§" ª¡2 Ìê·! §" Òewà Rê™éPÞ ( ßÔ†²†¤¡†b§" ÉÈ" ¾Þ È" #Ã( ®P †¡ ɤ Þ È" #YA È" '§" ª¡2 R5«
D†Ì! È" #ç" ( E«§é¾Þ È" #YA a0 ßÔ(Pr¨ §" ÈR . Þ (PÞ ( ß«Q¾Þ ËÈ" # Ìê¿ê¨ª È" (¿¼! # É¿êi©¼! ( Ìê¿êç" ( ÄU P S†a$ †| 2 ßÔ.ŸÃ
Ìê·! È" # ¾Þ .2 508404442
D R £ ¾0 u(Ç :08<4 ¹È" . 50884
ÈR Ã(”$ (¾Þ ( 804<4 l™éÃ( 590:44
R|R ¾R PÞ w¾Þ ( {—n 80444 DÈ" (»PÞ ß«' PÞ Ê(ßѯŒþ 640444
E{—ßÔ( T¾Þ (dÃ( 80<44 DÈ" (»PÞ ß«' | Õ•S†u( 540444
DÈ" (»PÞ ß«' ¾Þ Ðé×ê :0444 »ê½†PÞ ( T¾Þ (dÃ( <84
È" (¾Þ È" (»”$ (›Ã( 60;:4 ¾A¨ »êPX Ã( 50644

Dß«•R5« È" |X } 60844 ¨PÞ ¾Þ Ìê·! È" # :40844

16) On 1st April 2000 a company issued debentures for Rs. 1,00,000 redeemable at par
at the end of 5 years and it was resolved that a sinking fund should be formed and
invested in tax free securities, assuming that the interest received on the investments
was at the rate of 5 per cent on cost, that the interest was received yearly and
immediately invested and that the investments were realised at a loss of Rs. 300 at
the end of five years.
Reference to the sinking fund table shows that Re. 0.180975 invested at the end of
year, at 5% compound interest will produce Rs. 1 at the end of 5 years.
Prepare sinking fund account and sinking fund investment account.

5 K~*«ÌŒý 6444§" MPÞ PÞ †5«© 9 È" ßÔ†È" ”$ Ö¾Þ † ET¾Þ (§" Ôß È" (È" $Ì꽨P ÉÈR .a$ §" † a0 (Ô ¨É(”$ ›† ¾Þ .2 50440444
| ³U †a$ ¾Þ ǧ" ( gêÀ a0 5Ô§" ( È" (¿¼! # §é¨ Pr¾Þ PÞ ( ¨…0 ß«¨¤¡¨ K¾A−u( a0 ¼! (È" ÄU §" ¨ ¨¾Þ —¾ #†aR §" ( È" (¿¼! # ß«§" (ª Ć ¨
5ÔPÞ .½¿vX ÃÄ] 5«u(w²| 5«vU w§" (2 5«u(w²|Þ (ÃR5« 9% È" |X } È" ½¼! (†R5« È" ßÔ(›† Þ ¨ I*× †b ~ß«š ßÔ†È" ”$ Ö¾Þ † È" |X }¨ ÈR †u§0
5«u(w²| 5«vU w§" (2 L Þ È" ßÔ†È" ”$ Ö¾Þ † ET¾Þ (§" 5«u(w²|Þ (Ã( ¾Þ .2 744 §" ßÑw†§" PÞ ( È" ßÔ.þ #¯é¾ #2

¨…0 ß«¨¤¡ ß«v wPÞ ~ß«PA¾Þ † L Þ ( ßÔ†È" ”$ Ö¾Þ È" #à ET¾Þ (§" 9% a$ ®PÞ È" |X }”P MPÞ ¾Þ .¬e¾ # ¾AÈ" sê¨P ~ß«š ßÔ†È" ”$ Ö¾Þ † ET¾Þ (§"
425<4=;9 5«u(w²| 5«uwÈ" ÄU §" ¨ ”R ż! ( a0 ¼! #a$ (§" ª¡2

¨…0 ß«¨¤¡ Rê™é§" ( È" (¿¼! # ¨…0 ß«¨¤¡ 5«u(w²| Rê™é§" ( ”$ ¼! .¾Þ ( a0 ¼! (†| 2

17) H Ltd. acquired 80,000 shares of Rs. 10 each in S Ltd., on 1.10.2010. The
summarized Balance Sheets of H Ltd., and S Ltd., on 31.3.2012 were as under
Liabilities H Ltd S Ltd Assets H Ltd. S Ltd.
Rs. Rs. Rs. Rs.
Share capital in Goodwill 1,00,000 -
shares of Rs.10 each 20,00,000 10,00,000 Machinery 5,00,000 4,50,000
Furniture 20,000 40,000
P & L A/c 50,000 45,000 Shares in S Ltd. 8,80,000 -
Reserves 1,00,000 1,50,000
9% Debentures - 2,00,000 Stock 5,20,000 6,50,000
Bills payable 20,000 10,000 Debtors 1,80,000 2,70,000
Creditors 4,00,000 2,00,000 Bills receivable 10,000 15,000
Cash 2,80,000 1,80,000
9% Debentures in S Ltd 80,000 -
25,70,000 16,05,000 25,70,000 16,05,000

Bills receivable of S Ltd., include bills for Rs. 8,000 accepted by H Ltd., and creditors of
S Ltd., include Rs. 20,000 due to H Ltd., an amount of Rs. 30,000 was transferred by S
Ltd., from the current year profit to Reserves. Prepare consolidated Balance Sheet.

525426454 ¯é|Þ ( H Ltd20 Ðé¾Þ ( S Ltd20 Ä] <40444 ÐésêÃ( Ðésê 5 P ¾Þ .2 54 ar||§" PÞ ÅZ È" '§" ª¡2
752726456 ¯é|Þ ( ßÔ†… ß«›È" # a0 ¼! (²| §" E*Ô› Dß«•Ã ß«vX wÃ( G ®P † Þ FÈ" ˲| §" É
Dß«•Ã( H Å2 S Å2 EßÔ(›Ã( H Å2 S Å2
¾Þ .2 ¾Þ .2 ¾Þ .2 ¾Þ .2
Ðésê È" $ä Þ §" † YÞ (|‹ ÉÌŒý 50440444 *
¾Þ .2 54 à ÐésêÄ]Ç 640440444 540440444 ¼! (†~™éÃ( 90440400 80940444
ß—Àªa$ ¾‹ 640444 840444
Ìê·! §" Òewà Rê™é 940444 890444 S Å20 Ä]¨ ÐésêÃ( <0<40444 *
¿i¾Þ (ËÃ( 50440444 50940444 ßÔ¾Þ (PÞ ( 90640444 :0940444
=) | ³U †a$ ¾Þ (Ç * 60440444 ²#Ï ®YÞ ßÔ(›Ã( 50<40444 60;40444
aR Ådž߫' ´Ã(ÇÃ( 640444 540444 È" ßÔ.Ã( ´Ã(ÇÃ( 540444 590444
²#Ï §é”$ Ã( 80440444 60440444 §" YÞ  Þ ( 60<40444 50<40444
S Å20 Ä]¨ =% | ³U †a$ ¾Þ (Ç <40444 *
690;40444 5:0490444 690;40444 5:0490444
S Ltd., Ä]¨ È" Ôß .Ã( ´Ã(ÇÄ]Ç ¾Þ .2 <0444 à ´Ã(ÇÃ( H Ltd., D†[PÞ ¿†^éè PÞ Å*Ô È" '§" ªÉ2 S Ltd., Ä]¨ ²#Ï §é”$ Ä]Ç H

Ltd20 PÞ ( aR Ådž^éÅÖ§" ¾Þ .2 640444 Ã( PÞ Å*Ô È" '§" ªÉ2 ”$ §" È" ¾Þ ›È" .§" ßÔ†||¾Þ Ìê¿êÄ]Ç §" (†b S Ltd20 ¾Þ .2 740444 Ã( ¿i¾Þ (Ë ¨¤¡P

È" (Ûdžb†¡2 KPX PÞ ’”$ E*Ô› Dß«•Ã ß«v wPÞ §" ( ”$ ¼! .¾Þ ( a0 ¼! (†| 2

18) Krishna Co. Ltd. went into voluntary liquidation on 31.12.2012. The following was
the position of the company:
Rs.
Share capital in shares of Rs. 10 each fully paid. 1,00,000
Unsecured creditors 36,000
Partly secured creditors with a charge on the leasehold property 24,000
Preferential creditors 9,800
Assets realized:
Leasehold property 20,000
Other assets 86,000
Liquidation expenses amounted to Rs. 1,680. The liquidator is entitled for a
remuneration of Rs. 1,200 plus 2% on all assets realized plus 2% on amount paid to
unsecured creditors. Prepare liquidator’s final statement account.
7525626456 ¯é|Þ ( PÞ ’ßÑ— PÞ †5«© F^éh ß«Q¾Þ ËPÞ ß«¿ßÔÈ" .*«› aR †¡§" ¡2 §é¨ *ÔŸ‡YÞ ”$ (Ã( ¡YÞ (È" ɤ Þ †YA È" '§" ª¡2
¾Þ .2
¾Þ .2 54 ß«Q¿›YA aR Ådžb§" ÐésêÄ]Ǩ È" $ä Þ §" † 50440444
ØÊ( Ć ¨ ²#Ï §é”$ Ã( 7:0444
P Ã(§éÀ E*Ô› Ê( Þ ”$ §" Rê PÞ Å\§" Pr†”$ ØÊ( YÞ Ã ²#Ï §é”$ Ã( 680444
E¤¡PÞ ½ß«' ²#Ï §é”$ Ã( =0<44
EßÔ(›Ã( È" ßÔ.Ú! (Ç:
P Ã(§éÀ E*Ô› 640444
F”$ ¾Þ EßÔ(›Ã( <:0444
ß«¿ßÔÈ" .*«› T¾Þ (dÃ( ¾Þ .2 50:<42 ÅP Ë|0 u¾Þ (PÞ ( ¾Þ .2 50644 ¬e¿”P*ÑPÞ † ¬eu(YA EßÔ(›Ã È" ßÔ.Ú! Ç Ê( Þ 6% È" (¿¼! #
ØÊ( Ć ¨ ²#Ï §é”$ ÃPÞ ( aR Ådža0 ÈR #”$ › Ê( Þ 6% PÞ Ê(ßѯŒþYA ø†a$ (§" (2 ÅP Ë|0 u¾‹ ”$ (¡ ¨È0 ¡PÞ Rê™é ”$ ¼! .¾Þ (
a0 ¼! #È" #2
(DBC 37)
B.Com. DEGREE EXAMINATION, DEC. - 2013
(Examination at the end of Final Year)
Part - II : Commerce
Paper – III : ADVANCED MANAGEMENT ACCOUNTING
Time : 03 Hours Maximum Marks :100

SECTION – A (4 × 5 = 20)
Answer any Four of the following

1) Limitations of financial accounting


É”$ › DP †v †Y‹ ß«¿É(”$ (Ã(
2) Flexible budget
a$ ¾Þ ²|R msŒý

3) IRR
D†”$ ¾Þ \”$ ¾A²| ¾0 u(
4) Flow of fund
¨¤¡ ~ß«Ðéß× È" #

5) Absorption costing
ßԆƧ" È" ½¼! .†PÞ È" #
6) Break even point
ßÔÈ" ( T†|Þ §" ´† Þ (È" '
7) Standard cost
~¬eÈ" .Ï PÞ È" ½¼! (È" #
8) Overhead Variance
NÈ" ¾‹ 5× |‹ Éa$ ¾Þ Ï È" #
SECTION – B (2 × 10 = 20)
Answer any Two of the following

9) Explain the role of management accountant.

¨¾AËß× PÞ DP †vU †sŒý ¬e~”$ §" ( ÉÈ" ¿†a$ (È" #2

10) The following cost details are extracted from the records of Sukesh & Co. for the
year ending 31st December 2011 and 2012.
31.12.2011 31.12.2012
Sales (in Rs. Lakhs) 150 200
Total Cost (in Rs. Lakhs) 120 150
You are required to calculate:
a) Profit volume ratio.
b) Fixed cost.
c) Break even point of sales.
d) Sales required to earn a profit of Rs. 90 lakh and
e) Profit when sales are Rs. 280 lakhs.
ßÔ(U† ŒÑ PÞ †5«© ÅÉ(vU |‹ Ðé¿ ß«'ßÔ›PAà §" (†| (ÔPÞ ¿†a$ ²| §" È" ½¼! ( ÉÈ" ¾Þ È" #Ã( 75 | 5Ô†²¾‹ 6455 È" (¿¼! # 6456
¯év P ®P †¡ ɤ Þ È" #YA È" '§" ª¡2
7525626455 7525626456
DÈ" (»PAÃ( ,¾Þ .2 Ã…Þ ÃÄ]- 594 644
ÈR #”$ ›È" # È" ½¼! (È" # ,¾Þ .2 Ã…Þ ÃÄ]- 564 594
R5« D†ÌAç" ( E«§é¾Þ È" #YA a0 ßÔ(Pr¨
a) P/V ¨ßÑ−‡›¨

b) *ÔŸ¾Þ È" ½¼! .¨ª


c) Ìê·! §" ßÑw ¾Þ *× ”$ DÈ" (»PAç" (
d) ¾Þ .2 =4 Ã…Þ Ã( Ìê·! È" # E¿m†a$ È" ÄU §" §" ª DÈ" (»PÞ ß«' ÉÃ(È" §" (
e) DÈ" (»PAÃ( ¾Þ .2 6<4 Ã…Þ Ã( D¾ #§" ¨PÞ ¾Þ Ìê¿ê¨ª ÄU P S†a$ †| 2
11) From the following data, calculate overhead variances.
Budgeted overheads:
Fixed Rs. 6,000
Variable Rs. 4,000 10,000
Actual overheads:
Fixed Rs. 5,000
Variable Rs. 5,000 10,000
Budgeted output: 10,000 units
Actual output: 8,000 units
Budgeted hours: 5,000
Actual hours: 5,000
®P †¡ ÉÈ" ¾Aà §" (†| ß«¾P…Þ È" ½¼! ( Éa$ ¾Þ Ï Ã§" ( ÄU P S†a$ †| 2
²|R mvU |‹ ß«¾P…Þ È" ½¼! .Ã(
*ÔŸ¾Þ È" ½¼! .Ã( ¾Þ .2 :0444
a$ ¾Þ È" ½¼! .Ã( ¾Þ .2 80444 540444
DßÔÃ( ß«¾P…Þ È" ½¼! .Ã(
*ÔŸ¾Þ È" ½¼! .Ã( ¾Þ .2 90444
a$ ¾Þ È" ½¼! .Ã( ¾Þ .2 90444 540444
²|R mvU |‹ H”$ −‡› 540444 ¼! $¨u(Ç
DßÔÃ( H”$ −‡› <0444 ¼! $¨u(Ç
²|R mvU |‹ YÞ †uÃ( 90444
DßÔÃ( YÞ †uÃ( 90444

12) From the following information, prepare a funds flow statement of Venu Ltd.
Balance Sheets of Venu Ltd. As at 31.3.2004-2005
Liabilities 2004 2005 Assets 2004 2005
Rs. Rs. Rs. Rs.
Share capital 1,00,000 1,25,000 Buildings 1,00,000 95,000
General reserve 25,000 30,000 Plant 75,000 84,500
Profit and Loss a/c 15,250 15,300 Stock 50,000 37,000
Bank loan 35,000 20,000 Debtors 40,000 32,100
Creditors 75,000 47,600 Cash 250 300
Provisions for 15,000 17,500 Goodwill - 6,500
taxation
2,65,250 2,55,400 2,65,250 2,55,400

Additional information:
a) Dividend paid – Rs. 11,500
b) Depreciation on plant – Rs. 9,000.
c) Income tax paid during the year Rs. 16,500
d) Depreciation on buildings – Rs. 5,000

G ®P †¡ ßÔÈ" .^é¾Þ † E«§é¾Þ †YA È0 Ï ( Å2 Ðé¿ ¨¤ Þ (à ~ß«Ðéß× ¨È0 ¡PÞ ”$ ¼! .¾Þ ( a0 ¼! (†| 2
752726448 È" (¿¼! # 752726449 §" È0 Ï ( Å2 E*Ô›0 Dß«•Ã ß«vX wÃ(
Dß«•Ã( 6448 6449 EßÔ(›Ã( 6448 6449
¾Þ .2 ¾Þ .2 ¾Þ .2 ¾Þ .2
Ðésê È" $ä Þ §" † 50440444 50690444 ·! È" ¯éÃ( 50440444 =90444
Õe«§é¾Þ Ï ¿i¾Þ (Ë 690444 740444 ¬edžu( ;90444 <80944
Ìê·! §" Òewà Rê™é 590694 590744 ÕewP‹ 940444 7;0444
»ê½†PÞ ( ²#Ï † 790444 640444 ²#Ï ®YÞ ßÔ(›Ã( 840444 760544
²#Ï §é”$ Ã( ;90444 8;0:44 §" YÞ  Þ ( 694 744
ß«§" (ªRPR K¾A−u( 590444 5;0944 YÞ (|‹ ÉÌŒý * :0944
60:90694 60990844 60:90694 60990844
D Þ §" ß«' ßÔÈ" .^é¾Þ †
i) ¾Þ .2 550944 | É|R †|‹ aR Ådž^é¾Þ (2

ii) ¬edžu(R5« ”$ ¾Þ (YÞ ( Þ à ¾Þ .2 =0444


iii) ßÔ†È" ”$ Ö¾Þ †Ä] aR Ådžb§" E§é¼! (ß«' ß«§" (ª ¾Þ .2 5:0944

iv) ·! È" ¯éÃR5« ”$ ¾Þ (YÞ ( Þ à ¾Þ .2 90444


SECTION – C (3 × 20 = 60)
Answer any Three of the following

13) Following information relate to a company for a 60% capacity. Prepare a flexible
budget for production at 80% and 100% capacity with the following:

Production at 60% capacity 1200 units

Material Rs. 200 per unit

Labour Rs. 80 per unit

Expenses Rs. 20 per unit

Factory overheads Rs. 80,000 (40% fixed)

Administrative overheads Rs. 60,000 (60% fixed)

MPÞ PÞ †5«© ¼U #PÞ S :4% H™é− Þ PÞ Ì! P ›P ßÔ†²†¤¡†b§" ÉÈ" ¾AÃ( ®P †¡©¼! (²| ¯é¾ #2 <4% È" (¿¼! # 544% H™é− Þ PÞ
Ì! P ›P G ÉÈ" ¾Aà E«§é¾Þ †YA a$ ¾Þ ²|R msŒý ”$ ¼! .¾Þ ( a0 ¼! (†| 2

:4% H™é− Þ PÞ Ì! P ›P H”$ −‡› 5644 ¼! $¨u(Ç


ÈR (vX ¿¼! (ÌŒý ¾Þ .2 644 MPÞ S ¼! $¨sŒýP
®Ì! È" ( ¾Þ .2 <4 MPÞ S ¼! $¨sŒýP
T¾Þ (dÃ( ¾Þ .2 64 MPÞ S ¼! $¨sŒýP
°e½PÞ wÀ NÈ" ¾‹ 5× |‹ Ö ¾Þ .2 <40444 ,84% *ÔŸ¾Þ È" #-
ß«¿¬eç" NÈ" ¾‹ 5× |‹ Ö ¾Þ .2 :40444 ,:4% *ÔŸ¾Þ È" #-
14) Explain the significance of MIS.

MIS ¼U #PÞ S ~¬eÈ" #T½”$ §" ( ÉÈ" ¿†a$ (È" #2


15) The standard labour mix for producing 100 units of a product is
4 skilled men @ Rs. 3 per hour for 20 hours
6 unskilled men @ Rs. 2 per hour for 20 hours.
But due to shortage of skilled men, more unskilled men were employed to produce
100 units.
Actual hours paid were
2 skilled men @ Rs. 4 per hour for 25 hours.
10 unskilled men @ Rs. 2.50 per hour for 25 hours.
Compute the labour mix variance.
544 ¼! $¨u(Ç ”$ ¼! .¾Þ ( a0 ¼! #uPÞ ( ~¬eÈ" .Ï PÞ É(®Ì! È" ( * ®Ì! È" ( R§R ß«'Ï ½† YÞ Ã ®ÌAÉ(PÞ (Ã( §" Ã(YÞ (¾Þ ( 64 YÞ †uÃ(0 YÞ †u
MP S†v P ¾Þ .2 7 R§R ß«'Ï ½†Ä† ¨ ®ÌAÉ(PÞ (Ã(0 E¾Þ (YÞ (¾Þ ( 64 YÞ †uÃ(0 YÞ †u MP S†v P * ¾Þ .2 6 R§R ß«'Ï ½† YÞ Ã ®ÌAÉ(PÞ (Ã(
ø†a$ §" † Þ (È" ç" R§R ß«'Ï ½†Ä† ¨ ®ÌAÉ(PÞ (ç" ( 544 ¼! $¨u(Ç H”$ −‡›Ä] Hß«¼U .Z†a$ |Þ RÈR (§" ¡2 ÐéßÔ›ÉPÞ aR Ådž߫'Ã(
,YÞ †uÃÄ]-2

R§R ß«'Ï ½† YÞ Ã ®ÌAÉ(PÞ (Ã( F Þ £¾Þ ( ,6- 69 YÞ †uÃ(0 YÞ †u MP S†v P ¾Þ .2 8 R§R «ß 'Ï ½† Ć ¨ ®ÌAÉ(PÞ (Ã( 54 È" (†¡0 69
YÞ †uÃ(0 YÞ †u MP S†v P ¾Þ .2 6294 ®ÌAÉ(PÞ É(®Ì! È" ( Éa$ ¾Þ ×ꨪ PÞ §" (Yr§" †| 2

16) From the Balance Sheets of Aravind Co Ltd. you are required to prepare Cash Flow
Statement:
Liabilities 31.12.03 31.12.04 Assets 31.12.03 31.12.04
7% preference shares - 10,000 Fixed assets 41,000 40,000
Equity shares 40,000 40,000 Less: Depreciation 11,000 15,000
General reserve 2,000 2,000 30,000 25,000
P & L A/c 1,000 1,200 Debtors 20,000 24,000
Debentures 6,000 7,000 Stock 30,000 35,000
Creditors 12,000 11,000 Cash 1,200 3,500
Taxation provision 3,000 4,200 Prepaid expenses 300 500
Proposed dividend 5,000 5,800
Bank overdraft 12,500 6,800
81,500 88,000 81,500 88,000
D¾Þ Ɇ ‹ PÞ †5«© ÅÉ(vU |‹ Ðé¿ E*Ô› Dß«•Ã ß«v wPÞ Ã¯é«§é¾Þ †YA a0 ßÔ(Pr¨ §" YÞ  Þ ( ~ß«Ðéß× ¨È0 ¡PÞ §" ( ”$ ¼! .¾Þ ( a0 ¼! (†| 2
Dß«•Ã( 75256247 75256248 EßÔ(›Ã( 75256247 75256248
;)–E¤¡PÞ ½ß«' Ðésê * 540444 *ÔŸ¾Þ EßÔ(›Ã( 850444 840444
GP ËvX Ðésê 840444 840444 ,*- ”$ ¾Þ (YÞ ( Þ Ã 550444 590444
Õe«§é¾Þ Ï ¿i¾Þ (Ë 60444 60444 740444 690444
Ìê·! 0 §" Òewà Rê™é 50444 50644 ²#Ï ®YÞ ßÔ(›Ã( 640444 680444
| ³U †a$ ¾Þ (Ç :0444 ;0444 ßÔ¾Þ (PÞ ( ¨ÃË 740444 790444
²#Ï §é”$ Ã( 560444 550444 §" YÞ  Þ ( 50644 70944
ß«§" (ªPPßÔ† K¾A−u( 70444 80644 È" #† Þ (YA aR Ådžb§" 744 944
T¾Þ (dÃ(
~ß«‡¬e¡†b§" | É|R †|Þ ( 90444 90<44
»ê½†PÞ ( NÈ" ¾‹ ~y錗w 560944 :0<44
<50944 <<0444 <50944 <<0444

17) A textile company is considering to invest in a project which costs Rs. 20,00,000.
Estimated salvage value of zero, tax rate is 30% . The company uses straight line
depreciation for tax purpose and the proposed CFBT (Cash Flow Before Tax) from
the project are as under:
Year CFBT
Rs.
1 4,00,000
2 4,00,000
3 6,00,000
4 6,00,000
5 10,00,000
Determine
i) Payback period
ii) Average rate of return
iii) Internal rate of return
iv) NPV at 15%
MPÞ vU P‹ ÖRvU ÌŒý PÞ †5«© 640440444 Ã( 5«u(w²| YA MPÞ ~¬ejU PÞ (wÄ] 5«sêwè ¨Ì! d¾ #†b†¡2 ¾Þ  Þ (£ ÉÃ(È" ßÔ(¯éª2 ß«§" (ª ¾0 u(
74% *ÔŸ¾Þ Ðé¾ #§éà ߫ Þ ¦‡ ~ß«PA¾Þ †YA ”$ ¾Þ (YÞ ( Þ à ÄU P SÕe›¾Þ (2 ß«§" (ªPÞ ( È" #† Þ ( ”$ ¾Þ (YÞ ( Þ à ”$ ¾AË”$ E§é¼! (†
(CFBT) ¡YÞ (È" ɤ Þ †YA È" '§" ª¡2
ßÔ†||Ã( CFBT
¾Þ .2
5 80440444
6 80440444
7 :0440444
8 :0440444
9 540440444
R5« ÉÈ" ¾Aà E«§é¾Þ †YA
i) ‡¿Z aR Ådž߫' PAà È" ½È" ¤¡
ii) ßÔYÞ u( ¾A²| ¾0 u(
iii) D†”$ ¾Þ \”$ ¾A²| ¾0 u( È" (¿¼! #
iv) 59% | Õ•S†u( ¾0 u( È"  Þ £ ¨PÞ ¾Þ ~ß«ßÔ(›”$ ÉÃ(È" PÞ §" (PPS†| 2

18) Rockson Ltd. Purchases 10000 units p.a. from an outside supplier at Rs. 10 each.
The management feels that this component should be manufactured rather than
buying it from outside. For this purpose a machine costing Rs. 50,000 will be
required to be installed. Its annual capacity is 30,000 units and life is 5 years. The
following additional information is available:
Material cost per unit will be Rs. 2.00
Labour cost per unit will be Rs. 1.00
Variable overheads 100% of labour cost. Advice the management.
¾AP‹ ßÔ¯Œþ Å|| ²¼! (u ßÔ߫Ǽ! (¾‹ §" (†| MPrSPÞ S ¼! $¨sŒýPÞ ( ¾Þ .|| 54/- ar||§" 54444 ¼! $¨uǧ" ( Pr§" (YPÃ( a0 ßÔ(›†¡2 G
PA†¬[§R †sŒý§" ( Pr§" (YPÃ( a0 (Ô² Þ (Ã( H”$ −‡› a0 ¼! (|Þ † È" (†b Þ ¨ ¼! .iÈ" .§" ½† ¿êÉßÔ(›§" ª¡2 H”$ −‡› a0 (Ô› ,¾Þ .||-
940444 ÉÃ(È" YÞ Ã ¼! (†~™é¨ª Pr¨ ÕeŸ*«†a$ È" Ã*Ô H†u(†¡2 ¼! (†~”$ † Ðé¿ÓPÞ Ì! P › 740444à ¼! $¨u(Ç0 lÉ”$ PAÆ2 9
ßÔ†||Ã(2
D Þ §" ß«' ßÔÈ" .^é¾Þ †:
¼! $¨sŒý ÈR (vX ¿¼! (ÌŒý È" ½¼! († ,¾Þ .2- 62442
¼! $¨sŒý ®ÌAÉ(PÞ È" ½¼! († ,¾Þ .2- 52442
a$ ¾Þ ß«¾P…Þ È" ½¼! .Ã( ®ÌAÉ(PÞ È" ½¼! (†Ä] 544%2 ¼! .iÈ" .¯é½¨P ßÔÃبÈ" ˆ| 2