Department of Management Studies

ACCOUNTING FOR MANGEMENT

Model Exam
Year / Sem: I / I Part A (10*!0" Date: 0/ 1/ 01#

Mar$s: 100
1. What is money measurement concept?
. !e"ine In"#ation Accountin$.
%. !escri&e the "eatures o" company?
'. What is compoun( )ourna# entry?
*. What is "ormu#a "or assets turno+er ratio?
,. What (o you mean &y "#o- o" "un(?
.. What is /ero0&ase( &u($etin$?
1. What are the "unctions o" cost accountin$?
2. What are the &ene"its o" computeri/e( accountin$ system?
13. Write short note on co(i"ication.
Part % ( &*1' ! (0"
11. 4a5 !e"ine accountin$ an( its &ranches? 61,7
Or
4&5 8ourna#ise the "o##o-in$ transaction in the &oo9s o" 9umar an(
prepare prepare necessary #e($er accounts. 61,7
313 8an 1 :umar starte( &usiness -ith the capita# o" Rs. ,3;333
% Amount recei+e( "rom <an9 Rs. 13;333.
' =urchase( $oo(s "rom Ra+i "or Rs. *;333.
* Returne( $oo(s to Ra+i "or Rs.1;333.
, >o#( $oo(s "or cash "or Rs. *;333.
2 >o#( $oo(s to ?a9shman "or Rs. %;*33.
13 Amount o" Rs. %;.*3 pai( to Ra+i as "u## sett#ement.
1 ?a9shman returne( $oo(s -orth Rs. *33.
3 =ai( sa#aries Rs.*33.
Amount pai( to Mohan throu$h a <an9 Rs. 1;*33.
' With(ra- money "or pri+ate use Rs.1;333.
%3 With(ra- money "or &usiness use Rs.%333.
1. 4a5 Write short note on 61,7
1. <uy &ac9 o" securities.
. Emp#oyees stoc9 option
%. >tatutory &oo9s.
'. >hare a##otment on pro0(ata &asis.
Or
4&5 From the "o##o-in$ <a#ance o" Mr. Ra)an "or the year en(in$ on
%1.%.311 61,7
Capita# 1;33;333
!ra-in$s 11;333
<ui#(in$s 1*;333
Furniture .;*33
Motor @an *;333
?oan "rom Aari B1C interest 1*;333
Interest pai( a&o+e 233
>a#es 1;33;333
=urchase( .*;333
Openin$ >toc9 *;333
Esta&#ishment EDpenses 1*;333
Wa$es ;333
Insurance 1;333
Commission Recei+e( ';*33
>un(ry !e&tors 1;133
<an9 <a#ance 3;333
>un(ry cre(itors 13;333
Interest 4Cr5 %;333
The "o##o-in$ a()ustment are to &e ma(eE
a5 The c#osin$ stoc9 -as Rs.%;333
&5 Outstan(in$ -a$es Rs. *33
c5 =repai( Insurance Rs. %33
(5 Commission recei+e( on a(+ance Rs. %33
e5 A##o- interest on capita# B13C
"5 !epreciation <ui#(in$ .* C ; Furniture F Motor @an B13C
$5 Char$e interest on !ra-in$ Rs. *33
h5 Accrue( Interest Rs. *33.
1%. 4a5 !iscuss the important o" "inancia# statement? 61,7
Or
4&5 Form the "o##o-in$ &a#ances >heets; Gou are reHueste( to prepare a
"un( "#o- statement. 61,7
%A)A*+E S,EE-
)ia.ilities #1/1/10 #1/1/11 Assets #1/1/10 #1/1/11
>hare capita# 13;333 1*;333 FiDe( Assets 13;333 3;333
=ro+ision "or taD ;333 %;333 Current Assets 1%;333 1';*33
=ropose( (i+i(en( 1;333 1;*33
=ro"it F #oss AIc ';333 ,;333
Tra(e cre(itors ';333 ,;333
Outstan(in$ EDp. ;333 %;333
#0000 #10&00 #0000 #10&00
A((itiona# In"ormation
I. !i+i(en( pai( (urin$ 313 is Rs. ;333.
II. TaD pai( (urin$ 313 is Rs. *33.
1'. 4a5 J +ost A22ounting is an essential tool of Management J. Gi+e your
comments on the statement. 61,7
Or
4&5 The sa#es turno+er an( pro"it (urin$ t-o years -ere as "o##o-E 61,7
Year Sales Profit
(3s" (3s"
313 1;'3;333 1*;333
311 1;,3;333 3;333
Gou are reHuire( to ca#cu#ateE
I. =I+ Ratio *C
II. >a#es reHuire( to earn a pro"it o" Rs.'3;333
III. =ro"it -hen sa#es are Rs. 1;3;333.
1* 4a5 !iscuss the si$ni"icance o" computeri/e( accountin$ system. 61,7
Or
4&5 EDp#ain the importance o" prepac9a$e( Accountin$ >o"t-are? 61,7