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    Bca 04 Ba It 03

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    Jatin Singh
    This document contains an exam for a course on computer-based accounting and financial management. It includes three sections: Section A contains long answer questions about accounting concepts and preparing financial statements. Section B includes short answer questions about accounting topics that must be answered in 250 words or less. Section C is objective questions to be filled in with one word or phrase. The exam tests knowledge of accounting principles, ledger posting, preparing financial statements from trial balances, and concepts like working capital and cost accounting.

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    Bca 04 Ba It 03

    Uploaded by

    Jatin Singh
    21 views4 pages
    This document contains an exam for a course on computer-based accounting and financial management. It includes three sections: Section A contains long answer questions about accounting concepts and preparing financial statements. Section B includes short answer questions about accounting topics that must be answered in 250 words or less. Section C is objective questions to be filled in with one word or phrase. The exam tests knowledge of accounting principles, ledger posting, preparing financial statements from trial balances, and concepts like working capital and cost accounting.

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    BCA-04-BA-IT-03

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    This document contains an exam for a course on computer-based accounting and financial management. It includes three sections: Section A contains long answer questions about accounting concepts and preparing financial statements. Section B includes short answer questions about accounting topics that must be answered in 250 words or less. Section C is objective questions to be filled in with one word or phrase. The exam tests knowledge of accounting principles, ledger posting, preparing financial statements from trial balances, and concepts like working capital and cost accounting.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    21 views4 pages

    Bca 04 Ba It 03

    Uploaded by

    Jatin Singh
    This document contains an exam for a course on computer-based accounting and financial management. It includes three sections: Section A contains long answer questions about accounting concepts and preparing financial statements. Section B includes short answer questions about accounting topics that must be answered in 250 words or less. Section C is objective questions to be filled in with one word or phrase. The exam tests knowledge of accounting principles, ledger posting, preparing financial statements from trial balances, and concepts like working capital and cost accounting.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 4

    Roll No. …………………..

    BCA–04/BA–IT–03
    Computer Based Accounting and Financial
    Management
    Bachelor of Computer Application (BCA–11/16)
    Second Semester, Examination, 2017
    Time : 3 Hours Max. Marks : 70
    Note : This paper is of seventy (70) marks containing
    three (03) sections A, B and C. Attempt the
    questions contained in these sections according to
    the detailed instructions given therein.
    Section–A
    (Long Answer Type Questions)
    Note : Section „A‟ contains four (04) long answer type
    questions of fifteen (15) marks each. Learners are
    required to answer two (02) questions only.
    1. What is Accounting ? What are the basic concepts of
    accounting ? Describe their importance.
    2. What is ledger ? Describe its importance. What are the
    rules of posting in it ?
    3. The Trial Balance of Suresh Chandra & Sons shows
    the following balances as on 31st December, 2014 :
    Debit Balances `
    Purchases 60,000
    Sales Returns 1,500

    A-61 P. T. O.
    [2] BCA–04/BA–IT–03

    Plant and Machinery 90,000


    Opening Stock 40,000
    Discount Allowed 350
    Bank Charges 100
    Sundry Debtors 45,000
    Salaries 7,000
    Wages 10,000
    Freight Inwards 1,000
    Freight Outwards 1,200
    Rent, Rates and Taxes 2,000
    Advertisements 2,000
    Cash at Bank 7,000

    Credit Balances `
    Capital Account 1,13,075
    Sales 1,27,000
    Purchases Returns 1,275
    Discount Received 800
    Sundry Creditors 25,000
    Closing stock was valued at ` 35,000.
    Prepared Trading and Profit & Loss Account for the
    year ended 31st December, 2014 and the Balance
    Sheet as on that date.

    A-61
    [3] BCA–04/BA–IT–03

    4. What do you mean by working capital ? Explain the


    various factors which are taken into account in
    determining the working capital needs of a firm.
    Section–B
    (Short Answer Type Questions)
    Note : Section „B‟ contains eight (08) short answer type
    questions of five (5) marks each. Learners are
    required to answer six (06) questions only. Answers
    of these questions must be restricted to two hundred
    fifty (250) words approximately.
    Briefly discuss any six (06) of the following :
    1. “Is Accounting Science or Art ?”
    2. Accounting Equation.
    3. Advantages of Journal.
    4. Advantages of Preparaing a Bank Reconciliation
    Statement.
    5. A company has fixed expenses of ` 90,000 with sales
    at ` 3,00,000 and a profit of ` 60,000. Calculate the
    profit volume ratio. Further, calculate the sales volume
    assuming that in the next period, the company suffered
    a loss of ` 30,000.
    6. Essentials of a Good Cost Accounting System.
    7. Write short notes on the following :
    (a) Interest on Capital and Drawings
    (b) Master Budget
    8. Distinguish between Budgetary Control and Standard
    Costing.
    A-61 P. T. O.
    [4] BCA–04/BA–IT–03

    Section–C
    (Objective Type Questions)
    Note : Section „C‟ contains ten (10) objective type
    questions of one (01) mark each. All the questions
    of this section are compulsory.
    Fill in the blanks with appropriate words or phrases :
    1. Amount payable by the entity to the outsiders is termed
    as ...........
    2. A system in which accounting entries are made on the
    basis of amounts having become due for payment or
    receipt is called ............
    3. Nominal Accounts are related to ..............
    4. Oustanding salaries are shown as .......
    5. ............ is a dynamic method of analysis showing the
    changes over a period of time in financial statement
    analysis.
    6. ..... may be defined as cost of producing one additional
    unit of product.
    7. Marshalling of balance sheet means .......
    8. Standard Costing is a techniques which aims at .......
    9. ......... are those assets which cannot be seen and
    touched.
    10. ............ measures how efficiently the sources entrusted
    to the business are being used.

    BCA–04/BA–IT–03 160

    A-61

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