Nalanda Open University 2009 B.Com Final , Bachelor of Commerce, Part-II -Ill (Advanced Accounts) - Question Paper
Final Examination, 2009 Bachelor of Commerce, Part-II Paper-Ill (Advanced Accounts)
Final Examination, 2009 Bachelor of Commerce, Part-II Paper-Ill (Advanced Accounts)
Time: 3.00 Hrs. Full Marks: 70
Answer any Five Questions. All questions carry equal marks. ttNt cFT 3tTT TTTI 3% fl
1. What is liquidator's Final statement of Account? How is it prepared?
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2. What is Double Account System? How it is different from single Account System?
3. What journal entries are passed in the books of Transferor and Transferee in the case of Amalgamation.
4. Discuss the purpose of a Final Account? Give a specimen of a Balance sheet of a company with imaginary figures.
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5. Write short notes on the following:
(c) Prefextial Creditors : ,?
6. From the following Balance Sheet of 'X' and its subsidiary 'y' Ltd. Prepare consolidated Balance Sheet as on 31st March, 2008:
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Balance Sheet as on 31st Marc |
ti, 2008 | ||||
|
Libilities : , |
X Ltd. Rs. |
Y Ltd. Rs |
Assets |
X Ltd. , Rs. |
Y Ltd. Rs |
|
Share Capital of Rs. 10 each :)(wD'nnnn'e c |
50,000 |
20,000 |
Fixed Assets |
30,000 ]. |
15,000 |
|
Reserve : D, |
20,000 |
10,000 |
Debtors |
20,000 |
30,000 |
|
P/LA/C : tDtsD Tsl |
10,000 |
15,000 |
Investment in shares of Y Ltd. :Y@D |
30,000 1. | |
|
Creditors |
10,000 |
20,000 |
Stock |
10,000 |
20,000 |
|
90,000 |
65,000 |
90,000 |
65,000 | ||
Additional Informations
1. X Ltd purchased 80% shares of Y Ltd. on 31st December 2007 when there was a loss of Rs. 20,000 in Y Ltd.
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2. Fixed Assets appreciated is Y Ltd. by Rs. 1000.
1. 1.
7. From the folowig Trial Balance of Patliputra Electricals ltd. , you are required to prepare Final Accounts for the year ended 31st december, 2008:
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Attachment: |
| Earning: Approval pending. |
