Dr B R Ambedkar Open University (BROU) 2009-2nd Year B.Com B.A//B.Sc (3YDC) First Spell , Subject code No& Name:08 COMMERCE GROUP-A Code No& Name: 02 - Accountancy by DrBR Ambedkar Open Univer

Total No.of Pages:7]
Code No.216/A/09
S64



FACULTY OF COMMERCE
B.A/B.com/B.Sc second Year(3YDC) 1st Spell Examination, May 2009
Subject code No& Name:08 COMMERCE GROUP-A
Course Code No& Name: 02 - Accountancy


Time:3 Hours]
[Max Marks:100
[Min Marks:35

SECTION- A
[Marks: 4x15= 60]

Instructions to the candidates:
a) ans any 4 of the subsequent ques. in about 30 lines every.
b) every ques. carries 15 marks

1) Distinguish ranging from consignment and sale ?.

2) What is a Bill of Exchange ? elaborate its features ?

3) discuss various kinds of reserves.

4) From the subsequent particulars prepare Bank Reconciliation statement as on 31-12-2008.

a) Bank balance as on per Cash book on 31-12-2008 Rs. 8000.
b) Interest allowed by the bank Rs.300 is not obtained on Cash book.
c) Bank charges appearing in passbook only Rs. 60.
d) Cheques issued before 31-12-2008 but not cashed Rs. 1200.
e) Cheques deposited but not credited before 31-12-2008 amounted to Rs 2000.
f) Dividend collected by bank on behalf of the Customer Rs.300. appearing in passbook
only.

5) From the subsequent Trail Balance of Kiran as on 31-03-2008, prepare final accounts.

Dr.Balances Rs Cr. Balances Rs.

Drawings 7,200 Capital 60,000
Stock 1-4-2007 20,500 Sales 1,40,000
Purchases 68,000 Creditors 14,300
Carriages 1,500 Bills payable 4,200
Debtors 23,000 Discounts 1,000
Cash 2,700 Salaries 17,700
Bills Receivable 9,300 Insurance 1,200
Furniture 10,000
Machinery 28,000
Office Rent 2,000
Wages 21,000
General expenses 6,900

Total 2,20,000 2,20,000

Earning:   Approval pending.