Roll no.

PPN COLLEGE KANPUR

BBA N 305

DEPARTMENT OF PROFESSIONAL AND SELF-FINANCE COURSES

B.B.A (SemesterThird)-2012 Paper: Fifth Company Accounts Time: 3 Hours] [Maximum Marks: 70

NOTE: Attempt any five questions. All question carry equal marks.

Ques.1 Give journal entries I. II. III. IV. Issue of shares(3) Forfeiture of share (3) Reissue of forfeited shares (4) Allotment of shares(3)

Ques. 2 Write short notes on : I. II. III. IV. Amalgamation in nature of merger (4) Net asset Method(4) Capital reserve(2) Sinking fund(4)

Ques. 3 (a) Prepare the format of liquidator final statement. (b)Prepare detailed format of Trading &Profit and loss and balance sheet for the company. Ques. 4 (a) Pass the journal entries in the books of transferor.(7) (b) Journal entries in the book s of transferee in case of purchase method.(7)

Ques. 5 X ltd issued for public subscription 60000 shares of Rs10 each at premium of Rs 2 per share: On application Rs.2 On allotment Rs.5(including premium ) On first call Rs.2, On second call Rs.3. Applications were received for 90000shares. Allotment was made pro-rata to the application for 72000 shares. The remaining application were refused allotment .excess money received on application was adjusted with allotment money. X to whom 3000 shares were allotted failed to pay both calls .These shares were subsequently forfeited and 2000 shares out of forfeited shares were reissued to Z as fully paid up at Rs.& per share. Pass journal entries in the books of X ltd. Ques. 6 following in the P/L of ABC Ltd for the year ending 31st march, 2000 Particulars To salaries To income tax To depreciation (including Rs.5000) Rs. 36,500 38,500 55,000 Particulars By gross profit b/d By subsidy received from govt. By profit on sale of machinery Cost 2,20,000 Depreciation value 70,000 Sales price 2,50,000 Rs. 500,000 1,20,000 1,80,000

To compensation for the breach of contract To provision for bad debt To general reserve To general expenses To proposed dividend To directors fees To loss on sale on investment To net profit Total

8,000 2,000 6,000 4,000 25,000 15,000 10,000 600,000 8,00,000 Total

8,00,000

Roll no.
PPN COLLEGE KANPUR

BBA N 104

DEPARTMENT OF PROFESSIONAL AND SELF-FINANCE COURSES

B.B.A (Semester First)-2012 Paper: Fourth Book Keeping and Basic Accounting Time: 3 Hours] [Maximum Marks: 70

NOTE: Attempt any five questions. All question carry equal marks.

Ques. 1 Write short notes on : (a) Difference between book keeping and accounting. Also explain the Types of accounts with examples and their respective rules. Differentiate between Profit and Loss account and balance sheet with their respective formats .(7)

(b)

Ques. 2 Explain the following: (a) Various users of accounting information (b) Accounting principles, conventions, and concepts.

Ques. 3 Explain the term depreciation. Explain straight line method and written down value method also provide the respective journal entries passed during depreciation. Ques 4 Krishna Iron Ltd. Purchased on 1 st Jan ,2008 a plant for Rs.80,000. On 1 st Apr.2009 , it purchased another plant costing Rs.48000.on 1st Sep.2010 the plant purchased on 1st Jan 08 was sold for Rs.42000 and on the same date a fresh plant was purchased for Rs. 75,000. Depreciation is provided at 10%p.a on the written down value method every year. The company closed the accounts on 31st d ec. prepare the plant account in the books of company. Also pass the necessary journal entries for all the above transactions.

Ques. 5 on 1st Jan. 2001 Raja Ram opened a Bank A/C by depositing Rs.6000 in cash all the remittances are to be paid into bank on the same day on which they are received and all payments are made by cheques.enter the following transactions in three column cash book. Date 2001 Jan 2 5 7 Transactions

Goods sold to Mohan for cash Rs.250 Settled Haris account of Rs.200 at discount of 5%. Received from Shayam a cheque for Rs. 725.Discount allowed Rs.25.

10 12 15 20 27

Purchased a typewriter for Rs.200,spent Rs.50 on its repairs. Shayams cheque was returned dishonored. Received a money order for Rs.25 from Hari. Shyam settled his account by means of a cheque for Rs.755, Rs.5 being for interest charged. Purchased machinery from Rajiv for Rs.5000 and paid him by means of a bank draft purchased from bank for Rs.5005

Ques 6 Prepare Trading and Profit and Loss Account and Balance sheet from the following particulars: Trial Balance as on 31st Mar2002

Name of accounts Purchases and sales Discount Salaries Travelling expenses Carriage inward Insurance Commission Shop rent Cash in hand Cash at bank

Dr. 1,80,300 20000 5,000 2700 1500 3200 4000 3350 27,000

CR. 300,000 500 -

Bank loan Interest on loan Building Machines Motor vehicles Opening stock Debtors and creditors Capital Total

30,000 1500 40,000 20,000 10,000 57,000 32500 4,08,050

22,250 55,300 4,08,050

Prepare final accounts taking into consideration following adjustments: 1. 2. 3. 4. 5. 6. Closing stock Rs. 62,000 Prepaid shop rent Rs. 300 Interest on bank loan outstanding for 6 months @10% Prepaid insurance Rs. 200 Write-off bad debts Rs 1500 Depreciation is to be charged on building at 2.5% and machines and motor vehicles at 10%.

Roll no.
PPN COLLEGE KANPUR

BBA N 105

DEPARTMENT OF PROFESSIONAL AND SELF-FINANCE COURSES

B.B.A (Semester First )-2012 Paper: Fifth Business Law Time: 3 Hours] [Maximum Marks: 70

NOTE: Attempt any five questions. All question carry equal marks.

Ques. 1 Differentiate between (a) Pledge and bailment.(7) (b) Contract of indemnity and contract of Guarantee. Ques. 2 Discuss the mutual rights and duties of partners.(14) Ques. 3 write short notes on : a) b) c) d) e) Contingent contract.(2) Quasi Contract(2) Doctrine of privity of contract(4) Doctrine of caveat emptor(4) Auction of sale(2)

Ques. 4 differentiate between : (A) Promissory Notes and Bills of Exchange (7) (B) Bills of exchange and Cheque.(7) Ques. 5 Write short notes on : (a) (b) (c) (d) Partnership deed(2) Registration of firm(2) Dissolution of firm (6) Implied Authority of partner (4)

Ques. 6 what do you mean by a negotiable instrument? Explain the liability of parties to negotiable instruments.(14) Ques 7 What is coercion? What are the differences between coercion and undue influence? Ques 8Explian clearly the meaning of bailment as provided in the Indian contract act. Explain the essentials of a contract of bailment.

Roll no.
PPN COLLEGE KANPUR

BBA N 505

DEPARTMENT OF PROFESSIONAL AND SELF-FINANCE COURSES

B.B.A (Semester Fifth)-2012 Paper: Fifth Financial Mathematics Time: 3 Hours] [Maximum Marks: 75

NOTE: Attempt any five questions. All question carry equal marks.

Ques 1 write short notes on: (a) Asset Valuation approach (5) (b) Price Earning approach (5) (c) Bond Valuation model (5) Ques 2 differentiate between: (15) a) Systematic risk and Non -Systematic risk b) Market risk and Business risk

Ques 3 (a) What is the general relationship between risk and return.(5) (b) Discuss the significance of time value of money. Illustrate with practical example. (10) Ques 4 (a) Ram took certain amount as a loan from bank at the rate of 8%p.a.simple interest and gave the same amount to Shyam as a loan at the rate of 12%p.a.if at the end of two years he made a profit of Rs.320 in the deal , what was the original amount.(10)

(b)Rohan deposits rs.10, 000 today at 12%p.a., in how many years will it grow to Rs.1,60,000. (5)

Ques 5 Blw ltd. Wishes to borrow some money without interest and is ready to repay in 10 years.blw ltd. Can contribute towards sinking fund Rs.12000 each year. If the compound interest rate is 8%p.a. find out as how much money can be borrowed.(15)

Ques 6 (a) At the beginning of each year Rs.5,000 is deposited into savings account which carries 8%p.a. compound rate of interest. Find out the he balance at the end of 5 years.(7) (C) The share of a trading company is currently selling for Rs.23. It has the following prospects for the next year. SHARE PRICE(RS) 25 30 35 NEXT YEARS DIVIDEND PER SHARE 1.00 1.50 2.00 PROBABILITY 0.25 0.50 0.25

Calculate the expected return on companys share for one year holding period. (8)