Pondicherry University 2009 B.C.A Computer Application ,fundementals of accountancy - Question Paper

17. describe Depreciation and discuss the various methods of providing depreciation

18. discuss in detail about the Dupont analysis.


PART-C(5*10= 50 MARKS)
ANSWET 5 ques.

19. (a) from the subsequent particulars of Mr.karunanithi, who keeps his books on single entry, prepare Trading profit and loss account and a balance sheet for the year 31st December 1999.

1.1.99 31.12.99
Rs. Rs.
Machinery 18,000 18,000
Stock 8,000 7,000
Debtors 2,000 3,000
Creditors 5,000 4,000
Cash 4,660 5,120

The subsequent transaction took place during the year ending 31st December 1999

Rs.
Wages 6,000
Sundry expenses 2,500
Printing 1,120
Rent 2,500
Lighting 780
Cash collection from customers 82,500
Cash purchases 64,340
Carriage 1,680
Purchase Returns 1,000

During the year Mr. Karunanithi had taken goods form his business for his own use amounted to Rs. 15 per week. He had not paid any money into business. He had also taken cash Rs.3, 120 for domestic purpose.

Or
(b) The subsequent Trail Balance of Arun as at 31st Dec.2005 is provided to you. Prepare final Accounts.

Debit balances Rs. Credit balances Rs.

Opening stock 15,000 capital 90,000
Land and Buildings 35,000 sundry creditors 9,600
Machinery 50,000 purchase
Furniture and returns 2,100
Fixtures 5,000 sundry incomes 1,200
Purchases 1, 06,000 Reserve for bad
Salaries 11,000 debts 300
General expenses 2,500
Rent 3,000
Postage and
Telegram 1,400
Stationary 1,300
Wages 26,000
Freight on
Purchases 2,800
Carriage on sales 4,000
Repairs 4,500
Sundry debtors 30,000
Bad debts 600
Cash in hand 100
Cash at bank 6,400
Sales returns 5,100
_______ ________
3, 10,200 3, 10,200
¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯

Adjustments:
(i) Wages outstanding Rs.2, 100.
(ii) Depreciate: Land and Buildings 2%, Machinery 10% and Furniture and Fixtures 15%
(iii) Closing Stock Values Rs.14, 900.


20. (a) compute current asserts, current liability, and stock turnover ratio from the following:

Earning:   Approval pending.