Gujarat University 2007 B.C.A Computer Application Financial Accounting and Management (New ) - Question Paper

FBCA-05
April-2007

Seat No. :

Financial Accounting and Management
(New Course)

Time : three Hours] [Max. Marks : 70


1. (a) Give the meaning and proforma of an Account. Also provide the rules of Debit and

Credit. (8)
(b) Explain different kinds of Accounts with improper examples. (6)
OR

Prepare Subsidiary Books of A to Z Furniture Mart with the help of the subsequent vouchers and post the transactions therefrom to respective ledger accounts and also prepare a Trial Balance. On 1–1–2007 cash and bank balances were Rs. 6,000 and Rs. 5,200 respectively. On the identical date, his capital was Rs. 11,200.

(i)


CREDIT MEMO

Bill No. 505 Date 2–1–2007



STYLE FURNITURE MART Station Road, Surat.


Shri A to Z Furniture Mart

Sr. No.

Particulars

Nos.

Rate
Amount

Rs.

1.

2.

3.
Tables Sofa Set Chairs


Less: Trade Discount @ 10%
20

4

4
50

700

150
1,000

2,800

600

4,400

440

3,960

Sunil Shah

(Partner)



(ii)

CREDIT MEMO
Bill No. 59 Date 3–1–2007
A to Z Furniture Mart
Satellite Road, Ahmedabad.


Shri Patel & Sons, Rajkot.
Sr. No.
Particulars
Nos.
Rate Amount
Rs.
1.

2.

3. Sofa set Tables Chairs


Less: Trade Discount @ 10% 2

8

2 900

60

200 1,800

480

400
2,680

268
2,412
Sanjay Mevada


(iii)

DEBIT NOTE NO. 9


PATEL & SONS Rajkot.





Date 4–1–2007



A to Z Furniture Mart A/c. Debit.
Received from you two damaged tables for which Rs. 120 are credited to your account.



(iv)

DEBIT NOTE NO. 5


STYLE FURNITURE MART Station Road, Surat.

P.P. Patel.




Date 6–1–2007



A to Z Furniture Mart A/c. Credit.
Received from you two damaged tables for which Rs. 100 are credited to your account.
Sunil Shah



(v)



RECEIPT NO. 30


STYLE FURNITURE MART Station Road, Surat.



Date 10–1–2007


Received from Shri A to Z Furniture Mart, Ahmedabad Rs. 2,000
cash and a crossed cheque Rs. 1,800, Discount Rs. 60 deducted.

Sunil Shah

(vi)









Account : Charity

Amount : Rs. 51/–

VOUCHER NO. 52



A to Z Furniture Mart



Date 26–1–2007


Particulars : Paid Rs. 51/– in cash to Secretary of Anathashram.






(vii)

Sanjay Mevada


CASH MEMO
No. 101 Date 20–1–2007
A to Z Furniture Mart
Satellite Road, Ahmedabad. Shri Shah & Sons, Valsad.

Earning:   Approval pending.