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Uttarakhand Technical University 2010-Final Year B.Com Accountancy- II - Question Paper

Thursday, 07 February 2013 06:55Web


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Univesity Name: Uttarkhand University
Paper name: Accountancy- II
Academic Year: 2010
Courses: B.Com 3rd Year exam


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911

Roll No

B.COM. (Final Year)Examination 2010 ECO- 14 (Elective Course/

Accountancy- II/ Yl[|lfOf/l - II

Time: 3 Hours    Maximum Marks : 35

le; : 3    : 35

Note: Attempt all the Sections of this question paper.

Ulv:    d [.Mf dT gy dtft? 1

Section -A Hiix- d

1.    State True or False./    (3x1=3) igt ; xyr crib?i

(a)    Book-Keeping is an Art and Science.

4,-Wdldil dTf TFTT fOKfU g I

(b)    Ownership and possession of Asset is transferred to Purchaser under Installment payment system.

fdLr gxTTU if e drT df if d wiPm ,0 dT vf/fdij gLTfufr gTn gi

(c)    Partnership Deed is not in writing. ii>niji lyT fffT ugh gfTfi

2.    Fill in the blanks / fjDT TOfUT dt f dtft? I    (2x1=2)

(a)    Increase in Working Capital is.........................

dfftr it e f.......................................gi

(b)    Ideal Current ratio is..................................

vn"f py ...................................................gi

Section -B/ httx [i

Answer any two of the following questions. Each question carries 5 marks.    2x5=10

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1.    What do you mean by Cash Flow Statement? jfd5-idg Ricjui l vTi w    g ?

OR/ VSTOT

Differentiate between Shares and Debentures.

V"TT vfj _um=T e vt dift? i

2.    Differentiate between Hire-Purchase System and Installment Payment System. fdjlill d; if TFTT fdLT HfXTM if 3 VTj dtft? i

OR/VT0T

Describe any two methods of valuation of Goodwill.

[f d eYfdu dt fdugt nf ffraf dT o4u dtft; i

HTTX- X

Answer any two questions from the following. Each question carries 10 marks. 2x10=20 fUnfyfeid e l fdgh nT i"UT d mrf nhft, i i"u 10 vdT dT g 1

1.    Raman purchased a Motor Car on Hire-Purchase System. The total cash price of the car is Rs. 15,980 payable Rs. 4000 cash down and Three Installment of Rs. 6000, Rs. 5000 and Rs. 2000 payable at the end of First, Second and Third year respectively. Interest is charged at 5% per annum. Rate of depreciation is 10% on straight line method.

You are required to prepare necessary accounting records in Journal and Ledger in the books of Raman. feu U fdji;i [fhn if if ,d eTvf dif [fM i dif dT dy fldM e; 15,980 :o g Vf ;g 4000 :o d,fud d8TT 6000 :o, 5000 :o d8TT 2000 :o dh de"T% iFie f}dl; raiT d; oT d vd e n;

fd"dt e pdT; tTUT g i c;t 5 ifd"Td OTfTd nf l Oy dh tid g i gi H/Tr j[TT iTTyr if 10 ifd"Td

dh nf l yur; truT gi

vTi feu dt iL-ddl e fTturePT ,0 [ridT ogh d vTO";d y[r dlft, i

OR

V8TOT

What are the bases of apportionment of Joint Expenses in departmental accounts? Explain.

fOrrX; [iidT e 1;Dd o;;T dt CTvU d fOfTu vr/rif d; g ? ie>Tb, i

2.    Discuss the various ways in which company can redeem its debentures.

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OR

vaiOT

From the following Balance Sheets of Texal Ltd., you are required to prepare a schedule of changes in Working Capital and a statement of flow of fund:

VDiy ffVM d fUu fPsBT l diTy ith e iffodu dt vuipt rsrT qm cgro dT fOof.i d;rf dhft, i

Land and buildings

Plant and machinery

Stock

Debtors

Cash at Bank

Capital

Profit and Loss A/C

Creditors

Mortgage

31st December 2006 50000 24000 9000 16500 4000 103500 800000 14500 9000

103500

31st December 2007 50000 34000 7000 19500 9000 119500 85000 24500 5000 5000

119500


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