Total No. of Questions : 11 Total No. of Printed Pages : 8 @ DH-191 B.B....¢'Semester Examination, 2014 Accounting Paper - B-104 i) Time : 3 Hours} [Maximum Marks : 35 Note :- Attempt section wise question as directed reaction wise. ae = eeeare RA PRagate elt a cesar hs eR we 9 SECTION -'A' Note := Attempt any five questions. it ate ae oie gett om at 1. Choose the correct answer - ah Pe gre = PTO. @) DH-191 ‘The language of Accounting is (Money (0) Transaction ~ (c) Business (@)_ None of these date wt (o) a (@) aa (3) arr (@) sia deat Capital account is (@) Personal Account (b) (© Real Account Impersonal Account (4) Nominal Account # i arnt (3) aera ae) ei xT (@) aes om) aE oT Which account of the following will be credited on giving of goods in donation @s= Sales Ave (b) Purchase A/c {€)" Donation Ale (4) Cash A’e FR SR oh we Frente & or ari- DH-191 DH-191 ® ‘object of final Accounts is, 1) ‘To know net profit (©) To know capital (©) Toknow sales (47 To know financial position ae at ar ger Bea B (@) geet a) aT (3) Pea srr (2) afi Feats ar (vii) Goodwill is (@) Floating Asset (b) Wasting Asset Tatar a oh e (©) Fietitivus Asset (d) - Int A) oem an oe wait: . (a) sore yar (@) end we (@) ater ams le Asset © : () ada) oe ah (b) Personal Ale Gi) Bank Reconcihation statemesu is prepared (@) None of these (@) * Ona certain date (b)Atthe end of the year (@) aera are (©) Betore the final accounts (sa 8 ae aa (a) Atthe end of each month pro. Bas ons feoen ae a B_ 6) DH-197, (oi) om Fae fafa or (a) aS oer F (a) fen emt at A vee (7) sete ae & ara woe SECTION -" ay aaia oer 3x3=9 Short Answer Type Questions Note z+ Attempt any three questions, 2% Distinguish between Book-Keeping and Accounting, paves oo faher # oT ae Se ‘xplain the importance of Journal. Fea WAAL Discus the various causes of charging depreciation, apa aa amt & Pai are an wR afar) 5, What do you mean by adjustments ? eortat & omy amt waa 2 7 PTO. 6) DH-191 6." Why Bank Reconciliation staement is prepared, fe eee Rae et aaa aT 1 we- a SECTION - a oat aca Long Answer Type Questions Note :- Attempt any three questions. Re - at dt get 3 or afi 7. Explain the meaning and process of accounting, Sales ar orf ote at aratst) 8, What is Ledger ? Enumerate the need and importance of ledger cent en? er} cere ce ee i PR ire 9. On Ist April, 2009 M/s K.K. Purchased a machine for Rs. 10,000 whose life is 10 years only. They decided to depre- ciate the assets at 12.5% per annum on diminshing bal- ance method, You are required to prepare the machine ac- ‘count for the first three years only. The accounts are closed every year on 31 March.Ww. (7) DH-191 Bed Bo fo 41 otha, 2009 10,000 50 a1 eas meer A farts ong 0ork Ba arr We ay & ee Te 12. Be amd ey dt aah & Bq as ra waren th ani #t a fa a8 By From the following balances extracted from the books of Prakash, Prepare final accounts for the year ending 31" March 2010. Gross Profit Rs. 2812, closing stock Rs. 7000, 6% Loan Rs. 1000, Sundary expenses Rs. 796, creditors Rs. 7480, Income tax Rs. 406, Rent paid Rs. 592, Bank Rs. 6492, Debtors Rs. 3800, Properties Rs. $350, Investment Rs. 4000, Interest on Investment Rs. 244, capital Rs. 17500, Furniture Rs. 1200, Provision for Bad Debts Rs. 600. Adjustment = (i) Accurued interest on Investment Rs. 50 Gi) Sundry experises includes Rs. 96 of charity Gil) Prepaid Rent Rs. 100, ‘arn geet 8 ay Frain teat @ 31 an, 2010 A ware BF ad af & Re oer Aa aif — P.T.O. ® DH-191 Ba AT 2812 80, SAAT FT 7000 Fo, 6% F7 1000 Bo, fata ar1 796 G0, AAT 7480 Go, EET 406 Bo, Frere Fem 592 ¥o, saftey (2) 6492 Go, Bree 3800 bo, waa 5350 %o, FARIA 4000 Fo, Parana ma ART 244 Go, Ht 17500 80, iter 1200 Fo, stir FET SATA 600 Fo 1 war (i) ira a afta aI 50 01 Gi) Rite aa 96 Fo wT F EL (iii) Gea Pra 100 Fe! 11, What is Bank Reconciliation Statement ? Discuss the pro- tion Statement. cedure of preparing Bank Recon ae vam Pract a en 8 2 he wa Beer oe fae ah & fie ara +++