Himachal Pradesh University (HPU) 2009 Other Bachelor

B.C.A.
House exam
ACCOUNTANCY AND BUSINESS PRACTICES
Time Allowed: three Hrs. Max Marks : 80

Do any 5 ques. from part A & part B.
SECTION-A
Q.1 What do you mean by accounting concepts and conventions? (marks 16)
Q.2 What is accounting? discuss its importance and scope. (marks 16)
Q.3 What is double entry system?Explain its rules with example. (marks 16)
Q.4 What is Cash Book? discuss its kinds.
provide ruling of any 2 kinds of Cash book. (marks 16)
Q.5 “Ledger is the principal book of accounts in a business”.Do you agree with this statement. provide reasons. (marks 16)
SECTION-B
Q.6 “Trial Balance is the conclusive evidence of the arithmetical accuracy of books of accounts” comment. (marks 16)
Q.7 Journalize the subsequent transaction .
2008
JAN 1. started business with cash Rs.30,000
2. purchased furniture for Rs. 15,000
3. purchased goods for cash Rs.22,000
4. purchased goods from R on credit Rs. 8000
5. sold goods for cash Rs.7000.
6. sold goods on credit to M Rs. 9000
7. paid rent Rs.750
8. donation Rs. 900
9.paid salary to Sham Rs.5000
10.deposited Cash into bank Rs. 20,000 (marks 16)
Q.8 from the subsequent particulars of M/S DUTTA ,pass opening entry as on January 1,2008:
Cash Rs. 50,000; Bank Rs 12000; Due from Raj Rs.5000;Ram Lal Rs.6000; stock Rs.22000;building Rs. 80,000; Bills Receivable Rs. 4000; Due to Ram Pal Rs.15000;
Sanjeev Rs.11000; Bills Payable Rs.18000. (marks 16)

Q.9 Post the transaction into ledger:
2008
April 1 capital introduced to commence business. Rs.50000
April 2 bank account opened and cash deposited Rs.6000
April 3 loan taken from Kumar Rs.4000
April 4 goods purchased from Mehta Rs.3000
April 5 goods purchased for cash Rs.1500
April 6 furniture purchased for cash Rs.6000
April 7 goods sold for Cash to A Rs.6000
April 8 typewriter purchased for cash Rs.3000 (marks 16)
Q.10 Explain the following:
1. book keeping
2. format of journal
3. Personal accounts, real accounts, nominal accounts.
4. ledger
5. Accounting is science or art. (marks 16)

Earning:   Approval pending.