University of Mumbai 2007-4th Sem M.E Construction Engineering & Management Accounting & Finance Managent - Question Paper

Equity shares    Rs. 2 lakhs    11%

Retained Earnings Rs. 4 lakhs    10 %

Calculate weighted average cost of capital.

b) Explain double entry system of accounting.    10

Q. 2.a) What are the rules of debit and credit with respect to Nominal, Real and

Personal accounts.    10

b) Explain Ratios and highlight its importance in Finance management.    10

Q. 3* Journalise the following and post them into ledger.    20

a)    Sudhir commence his business with cash Rs. 40,000.

b)    Purchased machinery worth Rs. 10,000 for cash.

c)    Received Rs. 5000 on account from shri. Wadekar

d)    Received Rs.300 on account of commission.

e)    Paid office rent Rs. 350/-

f)    Czsh sales Rs.4000

g)    Received on Account from Ramesh Rs.690. h.)    Deposited into Bank Rs. 2500.

Q. 4. From the following figures extracted from the books of shri.Gopal you are 20 requested to prepare a trading and profit and loss account for the year ended 31.3.1997 and a balance sheet as on that date after making the necessary adjustments

VTAj.nl 07.29}

Cj>\A    ~    

Adjustments.    I i1 -

1)    Stock on 11.3.1997 was valued at Rs. 72,600- '

2)    A new Machine was installed during the year costing Rs. 15400 but it was not recorced in the books as no payment was made for it. Wages Rs. 1100 paid for its errection have been debited to wages account.

3)    Depreciate plant and machinery by 33 1/3"* %; Furniture by 10% and free hold properly by 5%.

4)    Loose tools were valued at Rs. 1760 on 31.3.1997.

5)    Write off Rs.660. as bad Debts on sundry debtors,

6)    Maintain a provision of 5% on sundry debtors for doubtful debts.

Q. 5 a) find out Debtor turnover Ratio and average Collection period from the following Information.    10

Q. 6 a) you are appointed Project Manager of a Project costing Rs. 1200 Cr. identify the sources of long term and short term finance and explain the features of each. 1U b) Explain the following in context of Balance sheet.    10

i) Assets ii) Liabilities.

Q . 7 a) Give a brief accounl of the various Ratios need to analyze the performance of A company.    10

b) Distinguish between

i)    Income and cash flow statement    10

ii)    Financial and Management accounting.

VI.AfrtO? 250    *    *7 If, I ' s

}f f    rv>j4; '    ' +

Con/3327-07.    ( FURTHER REVISED COURSE)    BB-1682

(4 Hours)    [ Total Marks : 100

N.B.: (1) QuestionNo.1 is compulsory. Attempt any four questions from the rest.

(2)    Assurre suitable data wherever necessary.

(3)    Marks awardedjo each question is indicated on the right.    _A C*> ffbC- //h .

Q. 1. a) A company has the following capital structure    10

Debt.    Rs. 6 lakhs    4%    <* ] i 1JV

Preference shares: Rs. 2 lakhs    8%    ' '