Veer Narmad South Gujarat University 2011 Post Graduate Diploma SB-4499 Financial & Cost Accounting : - 3 P.G.D.C.B.A - Question Paper
SB-4499 P.G.D.C.B.A. Examination March / April - 2011 Financial & Cost Accounting : Paper - III
Time : 2 Hours] [Total Marks : 40
Instructions :
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(2) All questions carry equal marks. |
1 Do you believe that Computerized Accounting system saves time with a great accuracy ? How ?
2 Narrate the difference between Financial and Cost Accounting System.
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2 Do you believe that modern business organization has to give more focus on Cost Accounting system ? Why ?
3 Journalize the following Transactions and post them into ledger : February : 2011
1 Tanisha started the business with cash Rs. 2,00,000
2 Took loan from Bank of Baroda Rs. 50,000.
3 Opened a bank account in State Bank of India and deposited Rs. 20,000.
4 Purchased furniture Rs. 5,000.
5 Purchased goods from Mr. Kamal Rs. 5,00,000
6 Sold goods to Ms. Puja Rs. 4,00,000
7 Paid cash to Mr. Kamal Rs. 49,500 after receiving cash dioscount Rs. 500
8 Received Rs. 99,000 from Ms. Puja after allowing her cash discount of Rs. 1,000.
9 Paid salary Rs. 2,000
10 Paid wages Rs. 300
4 Write any two :
(i) Basic elements of cost
(ii) Importance of Financial Accounting
(iii) Cost Accounting Methods.
SB-4499] 2 [ 100 ]
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| Earning: Approval pending. |
