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    BCOC-131 2022 june exam

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    rajlumbhani27

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    BCOC-131 2022 june exam

    Uploaded by

    rajlumbhani27
    7 views6 pages

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    © © All Rights Reserved

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    7 views6 pages

    BCOC-131 2022 june exam

    Uploaded by

    rajlumbhani27

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 6

    No.

    of Printed Pages : 6 BCOC-131

    B.Com. (CBCS)
    Term-End Examination
    June, 2022

    BCOC-131 : FINANCIAL ACCOUNTING

    Time : 3 hours Maximum Marks : 100

    Note : Attempt any five questions. Each question carries


    20 marks.

    1. (a) Define Accounting. Describe the qualitative


    characteristics of accounting information. 3+7

    (b) Distinguish between Indian Accounting


    Standards and International Accounting
    Standards. 10

    2. Why is journal sub-divided ? Name the special


    journals and state the types of transactions
    entered in each of them. 5+15

    3. Define Depreciation. Distinguish it from


    Depletion, Amortization and Obsolescence.
    Describe the methods of recording depreciation
    in the books of accounts. 2+6+12

    BCOC-131 1 P.T.O.
    4. (a) What is meant by Balance Sheet ? Give the
    format of vertical presentation of Final
    Accounts. 4+10

    (b) Find out the Cost of Goods Sold from the


    following data extracted from the books of
    Allied Ltd. for the year ending on
    31st March, 2020. 6
    Particulars <
    Stock on 1st April, 2019 50,000
    Purchases 10,00,000
    Purchase Returns 50,000
    Stock on 31st March, 2020 70,000
    Direct Expenses 60,000
    Indirect Expenses 1,00,000

    5. (a) What is meant by Joint Venture ? Explain


    the salient features of Joint Venture. 3+7

    (b) Distinguish between the following : 5+5


    (i) Joint Venture and Consignment
    (ii) Joint Venture and Partnership

    6. What do you mean by Invoice Price ? Give


    reasons for consigning the goods at invoice price.
    Name the items which are recorded at invoice
    price in consignment account. Give journal
    entries passed for the adjustment of loading in
    respect of each item. 3+6+3+8

    BCOC-131 2
    7. What are the main objectives of maintaining the
    branch accounts ? Explain how branch stock
    account helps in keeping effective control over
    the branch stock. 8+12

    8. On 1st January, 2018, X Ltd. purchased


    10 machines from Y Ltd. on hire-purchase
    system. Payment was to be made over a period of
    3 years in equal half yearly instalments of
    < 7,385 payable on 30th June and 31st December
    each year. Cash price was < 4,000 per machine
    and the rate of interest was 8% p.a. payable on
    half yearly balances. X Ltd. depreciated the
    machines @ 20% p.a.

    On 1st January, 2019, after paying two


    instalments, X Ltd. transferred the machines to
    Z Ltd. for a consideration of < 10,000. Z Ltd.
    paid this amount on 10th January, 2019 and the
    next instalment to Y Ltd. on the due date.

    Prepare necessary accounts in the books of


    X Ltd. and Y Ltd. 10+10

    9. What is meant by Computerized Accounting ?


    Explain its merits and demerits. State the
    considerations to be kept in mind while choosing
    an Accounting Software. 2+6+6+6

    BCOC-131 3 P.T.O.
    ~r.gr.Amo.gr.-131
    ~r.H$m°_. (gr.~r.gr.Eg.)
    gÌm§V narjm
    OyZ, 2022

    ~r.gr.Amo.gr.-131 : {dÎmr` boImH$aU


    g_` : 3 KÊQ>o A{YH$V_ A§H$ : 100
    ZmoQ> : {H$Ýht nm±M àíZm| Ho$ CÎma Xr{OE & àË`oH$ àíZ Ho$ 20 A§H$
    h¢ &

    1. (H$) boIm§H$Z H$mo n[a^m{fV H$s{OE & boIm§H$Z OmZH$mar


    H$s JwUmË_H$ {deofVmAm| H$m dU©Z H$s{OE & 3+7

    (I) ^maVr` boIm§H$Z _mZH$m| Ed§ A§Vam©ï´>r` boIm§H$Z


    _mZH$m| _| AÝVa ñnîQ> H$s{OE & 10

    2. OZ©b H$m Cn-{d^mOZ Š`m| {H$`m OmVm h¡ ? {d{eï> OZ©b Ho$


    Zm_ ~VmBE Am¡a ~VmBE {H$ CZ_| go àË`oH$ _| {H$g àH$ma Ho$
    boZXoZm| H$s à{d{ï> H$s OmVr h¡ & 5+15

    3. _yë`õmg H$mo n[a^m{fV H$s{OE & _yë`õmg go Adj`,


    n[aemoYZ VWm AàMbZ _| AÝVa ñnï> H$s{OE & boIm
    nwñVH$m| _| _yë`õmg H$mo [aH$m°S>© H$aZo H$s {d{Y`m| H$m dU©Z
    H$s{OE & 2+6+12

    BCOC-131 4
    4. (H$) ~¡b|g erQ> go Š`m A{^àm` h¡ ? ApÝV_ boIm| Ho$
    bå~dV² àñVwVrH$aU H$m àmê$n Xr{OE & 4+10

    (I) 31 _mM©, 2020 H$mo g_mßV hþE df© Ho$ {bE AbmBS>
    {b{_Q>oS> H$s nwñVH$m| go CÕ¥V {ZåZ{b{IV Am±H$‹S>m| Ho$
    AmYma na ~oMo JE _mb H$s bmJV kmV H$s{OE & 6
    {ddaU <
    1 Aà¡b, 2019 H$mo ñQ>m°H$ 50,000
    H«$` 10,00,000
    H«$` dmngr 50,000
    31 _mM©, 2020 H$mo ñQ>m°H$ 70,000
    àË`j ì`` 60,000
    AàË`j ì`` 1,00,000

    5. (H$) g§`wº$ CÚ_ go Š`m A{^àm` h¡ ? g§`wº$ CÚ_ H$s


    à_wI {deofVmAm| H$s ì`m»`m H$s{OE & 3+7

    (I) {ZåZ{b{IV _| AÝVa ñnï> H$s{OE : 5+5


    (i) g§`wº$ CÚ_ Ed§ àofU
    (ii) g§`wº$ CÚ_ Ed§ gmPoXmar

    6. ~rOH$ _yë` go AmnH$m Š`m A{^àm` h¡ ? ~rOH$ _yë` na


    _mb H$mo ào{fV H$aZo Ho$ H$maU Xr{OE & CZ _Xm|
    (AmBQ>åg) Ho$ Zm_ ~VmBE Omo àofU ImVo _| ~rOH$ _yë`
    na [aH$m°S>© {H$E OmVo h¢ & àË`oH$ _X (AmBQ>_) Ho$ g§~§Y _|
    bmoqS>J Ho$ g_m`moOZ Ho$ {bE H$s OmZo dmbr OZ©b
    à{d{ï>`m± Xr{OE & 3+6+3+8

    BCOC-131 5 P.T.O.
    7. ~«m±M boIo ~ZmE aIZo Ho$ _w»` CÔoí` Š`m h¢ ? `h
    g_PmBE {H$ ~«m±M ñQ>m°H$ ImVm {H$g àH$ma ~«m±M ñQ>m°H$ na
    à^mdnyU© {Z`§ÌU aIZo _| ghm`H$ hmoVm h¡ & 8+12

    8. 1 OZdar, 2018 H$mo EŠg {b{_Q>oS> Zo dmB© {b{_Q>oS>


    go 10 _erZ| AdH«$` nÕ{V na IarXr & _yë` H$m
    ^wJVmZ 3 dfm] _| < 7,385 àË`oH$ N>_mhr Ho$ ~mX 30 OyZ
    d 31 {Xgå~a H$mo {H$`m OmEJm & amoH$‹S> _yë` à{V _erZ
    < 4,000 Wm Am¡a ã`mO H$s Xa 8% dm{f©H$ Wr Omo
    AY©-dm{f©H$ eofm| na Xo` Wm & EŠg {b{_Q>oS> Zo _erZm| na
    20% dm{f©H$ H$s Xa go _yë`õmg bJm`m &

    1 OZdar, 2019 H$mo Xmo {H$ñVm| H$m ^wJVmZ H$aZo Ho$ ~mX
    EŠg {b{_Q>oS> Zo < 10,000 Ho$ à{V\$b Ho$ ~Xbo _erZ|
    µOoS> {b{_Q>oS> H$mo hñVm§V[aV H$a Xt & µOoS> {b{_Q>oS> Zo
    10 OZdar, 2019 H$mo `h am{e EŠg {b{_Q>oS> H$mo MwH$m Xr
    Am¡a AJbr {H$ñV Xo` {V{W na dmB© {b{_Q>oS> H$mo MwH$mB© &
    EŠg {b{_Q>oS> Am¡a dmB© {b{_Q>oS> H$s nwñVH$m| _| Amdí`H$
    ImVo V¡`ma H$s{OE & 10+10

    9. H$åß`yQ>arH¥$V boIm§H$Z àUmbr go Š`m A{^àm` h¡ ? BgHo$


    JwU Ed§ Xmofm| H$s ì`m»`m H$s{OE & EH$ boIm§H$Z
    gm°âQ>do`a H$m M`Z H$aVo g_` {H$Z KQ>H$m| H$mo Ü`mZ _|
    aIZm Mm{hE ? ~VmBE & 2+6+6+6

    BCOC-131 6

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