Sikkim-Manipal University of Health Medical and Technological Sciences (SMUHMTS) 2007 M.B.A Finance FA - Financial Accounting and Management - Question Paper

c. Rs.91,985
d. None of the above

62. What is the total amount to be added to Bank Balance as per the Cash book?
a. Rs.1, 80,760
b. Rs.1, 90,850
c. Rs.2, 15,960
d. None of the above

63. What is the balance as per the Bank Statement?
a. Rs.1, 54,300
b. Rs.1, 35,200
c. Rs.3, 70,000
d. None of the above

64.What is the total balance after adding the amount to be added to the Bank balance as per the Cashbook but before deduction?
a. Rs.2, 15,960
b. Rs.3, 70,260
c. Rs.4, 15,150
d. None of the above

Q.No: 65-69

2004 March 1 Balance of cash in hand Rs.4, 000 and at bank Rs.16, 000
- 2 Paid Satish by Cheque Rs.9, 500 in full settlement of his account for Rs.9, 600
- 4 Bought for cash Rs.800 and for Cheque Rs.3, 000
- 6 Drew cash for office use Rs.3, 000
- 7 Paid wages in cash Rs.2, 500
- 8 Paid Umesh Rs.1, 200 by Cheque
- 10 Sold goods for cash Rs.8, 000
- 12 Received Cheque from Bhakta Rs.3, 200 in full settlement of his account for Rs.3, 250. Deposited Bhaktha’s Cheque into the bank.
- 15 Bhaktha’s Cheque was returned dishonored
- 20 Paid Rs.9, 200 into bank
- 24 Received Cheque from Joseph Rs.4, 200
- 27 Paid Henry Rs.1, 750 in full settlement of his account for Rs.1, 800
- 30 Received Cheque from Jagdish Rs.5, 850 in full settlement of his account for 5,900.

By preparing three-column Cashbook ans Q.No. 65-69

65. What is the total Discount column (debit side)?
a. 50
b. 100
c. 150
d. 200

66. What is the total of discount column (credit side)?
a. 50
b. 100
c. 150
d. 200

67. What is the closing balance of cash in hand?
a. Rs.3, 300
b. Rs.6, 600
c. Rs.9, 900
d. None of the above

68. What is the closing balance of Bank column (i.e., Bank Balance)?
a. Rs.10, 500
b. Rs.12, 100
c. Rs.12, 700
d. None of the above

69. What is the total of cash column and Bank column on sides of 3 column Cash book ?
1. Cash ---- Rs.20, 850
Bank ---- Rs.32, 600
2. Cash --- Rs.32, 00
bank --- Rs.17. 850
3. Cash ---- Rs.23. 950
Bank---- Rs.33. 150
4. None of the above

Q.no: 70-75

TRIAL BALANCE
as on 31st December 2002

Particulars Dr. Rs. Cr. Rs.
R. Rajan’s Capital
R. Rajan’s Drawings
Purchase and Sales
Sales and Purchase Return
Stock (1-1-2002)
Wages
Building
Freight and Carriage
Trade Expenses
Advertisement
Interest
Taxes and Insurance

Earning:   Approval pending.