SURANA COLLEGE Department of Management I … SEM BBA MODEL QP.pdf · SURANA COLLEGE Department of...

1

SURANA COLLEGE

Department of Management

I Semester BBA

Model Question Paper – I

Subject: 1.3 - Fundamentals of Accounting

Time: 3 Hours Max. Marks: 70

SECTION – A

Answer any five sub-questions. Each carries two marks (5X2 = 10)

1. a) State any two objectives of Accounting.

b) What is meant by Goods?

c) What is Business Entity concept?

d) What is Real A/c?

e) State any two features of Ledger

f) Give the meaning of Journal Proper.

g) What is Bank Reconciliation Statement?

h) What is Trial Balance?

SECTION – B

Answer any Three. Each carries six marks. (5 X 6 = 18)

2. State the differences between Journal and Ledger

3. Classify the following into Personal, Real or Nominal A/cs.

a) Furniture A/c

b) Interest A/c

c) Outstanding Wages A/c

c) Capital A/c

d) RKS Ltd., A/c

f) Investments A/c

g) Repairs A/c

h) Goodwill A/c

2

4. Journalize the following transactions.

June 2016

1. Started business with capital Rs. 1,00,000

2. Deposited into Bank Rs. 80,000

3. Purchased goods and paid by Cheque Rs. 40,000

4. Sold goods to Nischal Rs. 50,000

5. Purchased goods from Amith Rs. 60,000

6. Paid Carriage Rs. 2,000

7. Received cash from Nischal Rs. 20,000

8. Paid to Amith by Cheque Rs. 30,000

5. Enter the following transactions in Sales Book

2015, April

1 Sold to Mohith, Bangalore 10 quintals of Rice @ Rs. 2,200 per quintal

5 Sold to Mansi, Mysore 5 quintals of Jowar at Rs. 1,800 per quintal.

15 Sold to Maju of Hassan 20 quintals of Wheat at Rs. 2,200 per Quintal

20 Sold to Mohan of Belgaum 10 quintals of Rice @ Rs. 2,400 per Quintal and allowed him Trade discount of 10%.

22 Sold to Mahesh, Mangalore 20 quintals of Ragi at Rs. 2,000 per quintal and allowed him a trade discount of 5%.

24 Sold to Deepak, Dharwad 15 quintals of Sugar at Rs. 4,000 per quintal for cash.

26 Sold Machinery worth Rs.8,000 to Aditya Traders, Ahmedabad,

28 Sold to Mohan, Bellary 15 quintals of Sugar at Rs.4,200 per quintal.

6. Rule a petty cash book with four analysis columns for

a) Postage and Stationery

b) Telephone Expenses

c) Carriage and

d) Other expenses and enter the following transactions. The book is kept on imprest system the amount being Rs. 750 only.

2011, April Rs.

1 Petty cash in hand Rs. 250 and received cash to make up the imprest.

6 Paid for stamps 50

8 Paid for mobile recharge 100

12 Paid to pens and note books 150

15 Paid to STD charges 30

3

18 Paid to carriage 60

20 Paid for repair of water tap 25

22 Paid for flowers and fruits 75

25 Paid for stationery purchased 15

SECTION – C

Answer any Three. Each carries fourteen marks. (4 X 14 = 42)

7. Enter the following in appropriate subsidiary books and post them to ledger.

2016, June Rs.

1 Bough goods from Ashok 20,000

6 Sold goods to Bharath 10,000

8 Bought goods from Ashok 15,000

10 Sold goods to Bharath 7,000

12 Returns from Bharath 500

15 Returns to Ashok 500

18 Sold goods to Chandru for 40,000

Subject to a trade discount of 20%

20 Purchased goods from Ashok for 80,000, subject to a trade discount of 25%.

8. Prepare Trading and Profit and Loss A/c and Balance Sheet of RKS Enterprises after taking into account the adjustments. Trail balance as at 31/03/2011

Particulars Dr.

(Rs.)

Cr.

(Rs.)

Capital - 3,00,000

Drawings 50,000 -

Purchases and Sales 4,00,000 6,00,000

Carriage inwards 5,000 -

Carriage outwards 6,000 -

Wages 10,000 -

Bills receivable and payable 20,000 30,000

Return inwards and outwards 6,000 4,000

Discount allowed and earned 4,000 8,000

Salaries 15,000

Debtors and Creditors 1,05,000 85,000

Investments 30,000

Opening Stock 1,32,000

4

Cash and Bank 64,000

Land and Buildings 1,80,000

10,27,000 10,27,000

Adjustments: a) Closing stock Rs. 1,46,000 b) Create reserve for doubtful Debt Rs. 5,000 c) Depreciate land and buildings at 10% d) Outstanding salaries and wages Rs. 5,000 and Rs. 2,000 respectively. e) Interest accrued on investments Rs. 3,000

9. Narayan maintains his books of accounts under Single Entry system. The following

Information is available from his books of accounts.

Particulars 01-04-2015

(Rs.)

31-03-2016

(Rs.)

Furniture and Fittings 2,00,000 2,00,000

Land and Buildings 3,00,000 3,00,000

Stock 1,60,000 2,00,000

Debtors 1,20,000 90,000

Creditors 60,000 30,000

Overdraft 15,000 --------

Cash and Bank Balance 26,000 36,000

Bills payable 8,000 9,000

During the year Narayan withdrew Rs. 20,000 for his personal use. He sold his personal Car for Rs. 50,000 and introduced the proceedings into his business on 1/10/2015.

You are required to prepare (a) Statement of Affairs (b) Profit and Loss Statement and (c) Revised Statement of Affairs after considering the following adjustments:

a) Furniture and fittings to be depreciated by 5%.

b) Write off Rs. 5,000 as bad debts and create reserve for bad debts at 2% on debtors.

c) Allow interest on capital at 5% per annum.

d) Create reserve for discount on creditors @ 3%

e) Outstanding salary Rs. 5,000

f) Interest accrued but not received Rs. 2,000.

5

10. Enter the following transactions in three column cash book of Mrs. Nagalakshmi and show the balance.

1 Cash in hand Rs. 2,500 and at Bank Rs. 1,06,500

2 Sold goods for cash and deposited the proceeds Rs. 57,000 into bank.

5 Received a cheque from Srinath for Rs. 49,800 and allowed him a discount of Rs. 200

8 Purchased goods for Rs. 52,000 and paid by Cheque

10 Sold old furniture for Cash Rs. 1,800

12 Purchased investments worth Rs. 25,000 and paid by Cheque

14 Sold goods for cash Rs. 16,500

16 Deposited into Bank Rs. 15,000

18 Paid Bhaskar by Cheque Rs. 38,000 and he allowed discount Rs. 2,000

20 Paid wages Rs. 500 by cash

22 Cash withdrawn from bank Rs. 12,000 out of which Rs. 10,000 is for paying school fee of Proprietor’s Son.

25 Received from Srinath Rs. 16,800 in full settlement of Rs. 17,000.

11. From the following information find out credit sales and credit purchases of Mr. X who keeps book

under single entry system.

a) Analysis of cash book reveals the following:

Particulars Amount (Rs)

Payment to Creditors 1,05,550

Received from Debtors 52,050

Cash Sales 65,460

Bills payables 16,000

Bills receivables 15,000

Note: Discount allowed Rs. 550 and discount earned Rs.350.

b) Other Information

Particulars Amount (Rs) Amount (Rs)

Sundry Creditors 4,570 25,640

Sundry Debtors 20,000 15,620

Bills Receivable 25,400 30,450

Bills Payable 22,470 13,240

6

SURANA COLLEGE


I Semester BBA


Subject: 1.4 – Business Organisation and Environment.


SECTION-A

1. Answer any 5 sub questions of the following each carries 2 marks. [5x2=10]

a) Define business.

b) What is meant by business organization?

c) What is fiscal policy?

d) Define economic environment.

e) What do you understand by aids to trade?

f) State any 4 forms of business organization.

g) Give the meaning of unlimited liability.

SECTION-B

Answer any 3 questions of the following each carries 6 marks. [3x6=18]

2. Distinguish between public & private limited company.

3. Discuss the features/ characteristics of sole proprietorship.

4. Briefly explain the importance of business environment.

5. Discuss the Doctrine of implied authority.

6. How culture influences business? Explain.

SECTION-C


7. Analyze the characteristics of business & discuss the objectives of business.

8. State the characteristics & importance of globalization.

9. Explain the types of industry.

10. Describe the features of co-operative form of organization. Discuss its merits & demerits.

11. Discuss the influence of socio-cultural environment on business.

7

SURANA COLLEGE


I Semester BBA


Subject: 1.5 - Quantitative Methods for Business -I


SECTION-A

Answer any 5 questions, each carrying 2 marks (5 X 2 = 10)

a. What do you mean by rational number?

b. Find the HCF of 144,348,444.

c. Define Linear Equation. d. What is degree of an equation?

e. Solve for x, 2x + 4 = 46. f. Find GM between 8 and 12.

g. If � = �2 43 −5

�find A2.

SECTION-B

Answer any 3 questions, each carrying 6 marks

2) Solve for x:��

�+

��

�= 11.

3) Solve��

�−

�(��)

�= 13.

If � = �2 31 −1

� � = �0 −3

−1 3� find a 2x2 matrix X such that A-X=3B.

4) If � = �1 34 2

� � = �2 13 4

�

Find AB’ and A’B and comment on the result.

5) Find the sum of all integers between 100 and 400 which are divisible by 7.

SECTION-C


1.30 kg of cake and 26 kg of sweets together cost Rs. 7,100 and 25 kg of cake and 13 kg of sweets

together cost Rs. 5,050. Find the cost price of each per kg.

2. Solve for x, (2x-7) (3x+1) = (2x-5) (3x+2).

3. The sum of four numbers which are in A.P. is 32 and the product of its extremes is 55. Find the

numbers.

4.Solve by matrix method

2x+3y=8

3x-y=1

5. If 2A+B=�4 36 −21 0

� and 3A+2B=�3 −2

−6 10 −8

� find A and B.

8

SURANA COLLEGE


I Semester BBA

Model Question Paper – II

Subject: 1.6 - Management Process


SECTION – A

Answer any five sub-questions. Each question carries two marks: (5 X 2 = 10)

1. a) Define Management.

b) What is Committee?

c) Give the meaning of MBO.

d) What is Grapevine?

e) Define control.

f) State the meaning of social responsibility.

g) What are the types of plans?

SECTION – B

Answer any three questions. Each question carries five marks: (3 X 6 = 18)

2. Discuss the merits and de-merits of centralization of authority.

3. Bring out the differences between management and administration.

4. Briefly explain the principles of a sound/good communication system.

5. Is management a profession? Explain

6. Briefly explain Herzberg’s theory of motivation.

SECTION –C

Answer any three questions. Each question carries fourteen marks: (3 X 14 = 42)

7. Explain the nature, scope, span and levels of management.

8. Explain the advantages and disadvantages of line and staff & functional organization.

9. Briefly explain the importance, scope and features of a sound/good control system.

10. Explain the significance of leadership in management. Describe the nature of autocratic and

democratic styles of leadership.

11. What is communication? Explain the importance in business and also discuss the principles of an

effective communication system.

9

SURANA COLLEGE


I Semester BBA




SECTION – A

Answer any five sub-questions. Each carries two marks (5 X 2 = 10)

1. a) Define Accounting.

b) Give the meaning of Accounting Standards.

c) Who is a Creditor?

d) What is Nominal A/c?

e) What is a Ledger?

f) State any two advantages of subsidiary books.

g) Why is Bank Reconciliation Statement prepared?

h) State any two objectives of preparing Trial Balance.

SECTION – B


2. State the difference between Trade Discount and Cash Discount.

3. Classify the following into Personal, Real or Nominal A/cs.

a) Buildings A/c

b) Pre paid insurance A/c

c) Printing & Stationery A/c

c) Stock of Stationery A/c

d) M/s Ideal Drapes A/c

f) Commission A/c

g) Commission received in advance A/c

h) Bank overdraft A/c

4. Prepare a Trial Balance from the following ledger balances for the year ended 31-12-2010.

Particulars Amount (Rs) Machinery Furniture Capital Purchases

78,000 2,000

1,00,000 60,000

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Sales Return inwards Return outwards Stock Discount Received Discount Allowed Debtors Creditors Salaries paid Wages paid Carriage outwards Bad-debts- recovered Rent paid Advertisement Cash

1,27,000 1,000

750 30,000

425 800

45,000 25,000 7,550

10,000 1,200

525 10,000 2,000 6,900

5. Prepare the personal account of Ms. Madhuri from the following transactions 2012 March 1st Debit balance of Madhuri’s A/c Rs. 10,000

3rd Bought of Madhuri Rs. 2,000

5th Goods worth Rs. 2,300 sold to Madhuri

9th Paid to her Rs.2,500

12th Returned Goods to Madhuri Rs. 300

15th Madhuri bought goods from us Rs. 4,000

18th She returned goods Rs. 750

22nd Received a bearer Cheque from Madhuri for Rs. 2,500

25th Goods worth Rs. 500 sent back to her

30th Madhuri sold goods to us worth Rs. 3,000

6. Enter the Following transactions in the simple cash book of Murali Krishna

2012 April

1 Balance of cash in hand Rs 20,000

8 Purchased goods for cash Rs 5,000

15 Sold goods for cash Rs 7,500

22 Received commission Rs 1,500

24 Purchased Furniture for Rs. 7,000

27 Paid to Shwetha on account Rs 4,300 in full settlement of Rs. 4,500.

29 Received from Ramesh on account Rs. 2,900 in full settlement of Rs. 3,000.

30 Rent paid Rs 2,000

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SECTION – C

Answer any three. Each carries fourteen marks. (3 X 14 = 42)

7. Journalise the following transactions and prepare ledger accounts and trial balance.

2012, June Rs.

1 Commenced business by investing 50,000

5 Purchased a Machinery from Mahesh on credit 12,000

6 Borrowed loan from Citi Bank 25,000

8 Bought goods for cash 15,000

10 Paid suppliers of Machinery 7,500

12 Sold goods to M/s Acharya Traders 10,000

15 Goods Returned by M/s Acharya Traders 1,000

25 Paid Salaries to office staff 3,000

27 Purchased Motor Cycle for cash 15,000

29 Received from M/s Acharya Traders in full settlement 8,850

8. From the following Trial Balance of Mr. Aditya and considering the adjustments, prepare Trading and Profit and Loss A/c for the year ended 31-03-2012 and Balance Sheet as on that date.

Adjustments:

a) Outstanding expenses: Wages Rs.400, salaries Rs. 1,000 and Rent Rs.500.

b) Unexpired insurance Rs.300

c) Write off Rs.200 as bad debts and make a provision for doubtful debts at 5% on debtors.

d) Depreciate machinery at 5% and furniture at 10%.

e) Closing stock on 31-03-2012 Rs. 18,000.

Trial Balance as on 31-03-2012

Particulars Debit Credit

Capital & Drawings 10,000 50,000

Opening stock 25,000

Bills receivable & payable 5,000 6,000

Returns 2,500 3,500


Wages 9,600

Rent & Taxes 3,500

Salaries 11,000

Printing & Stationery 1,500

Insurance 1,300

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Machinery 30,000

Furniture 5,000

Debtors and Creditors 16,200 12,000

Cash in hand 200

Cash at Bank 9,700

2,34,000 2,34,000

9. Mr. Vishnu a retailer has the following balances of his business accounts:

Particulars 01-04-2011 31-03-2012

Amount (Rs.) Amount (Rs.)

Cash 3,500 4,500

Bank overdraft 1,000 -


Bills Payable - 500

Debtors 7,000 10,000

Creditors 2,500 1,500

Stock 4,000 6,000

Furniture 5,000 8,000

Machinery 8,000 8,000

During the year, the trader has withdrawn Rs.4,000 in cash & Rs.1,000 in goods.

He has introduced Rs.3,000 as further capital on 1/7/2011.

It has been decided to allow interest on capital @ 6% p.a. The addition to furniture has been made on 01/01/2012. The depreciation on furniture & machinery is to be calculated at 10% p.a. RBD should be provided at 10% on debtors.

Prepare statement of profit or loss for the year ended 31/03/2012 & redraft statement of affairs assuming that there is prepaid printing expenses of Rs.300.

10. Enter the following transactions in a three column cash book

2007 January

01 Balance of cash in hand Rs 4000 and at bank Rs 16000

02 Paid Satish by cheque Rs 9,500 is full settlement of his A/c for Rs 9600

04 Bought goods for cash Rs 800 and for cheque Rs 3,000

06 Drew cash for office use Rs 3,000

07 Paid wages in cash Rs 2,500

08 Paid Umesh Rs 1200 by cheque

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10 Sold goods for cash Rs 8000

12 Received cheque from Bharath Rs 3,200 in full settlement of his a/c for Rs 3,250

15 Bharath’s Cheque was dishonored.

20 Paid Rs 9,200 into bank

24 Received cheque from Joseph Rs 4,200 on A/c and deposited the same into Bank

27 Received Harish Rs 1,750 in full settlement of his A/c 1,800

30 Received cheque from Reddy Rs 5,850 in full settlement of his A/c for Rs. 5,900

11. You are given:

a) Balance sheet of Jayaram on 01.01.2013.

b) Cash transactions for 12 months to 31.12.2013

c) A summary of transactions for the year.

a) Balance sheet as on 01.01.2013.

Sundry Creditors. 18,000 Cash 20,000

Bills payable 8,000 Bills receivable 7,500

Jayaram’s Capital 1,01,000 Debtors 19,500

Stock 30,000

Land and Building 50,000

1,27,000 1,27,000

b) Cash Transactions up to 31.12.2013

Particulars Amounts Particulars Amounts

To Balance b/d 01.01.13 20,000 By Wages 7,400

To Receipt from debtors 1,35,000 By Salaries 6,000

To bills receivable (received)

45,000 By Bills Payable (Paid)

By Rent paid

36,600

20,000

By Payment to Creditors. 53,500

By Office Expenses 4,000

By Drawings 15,000

By Balance c/d. 31.12.13 57,500

2,00,000 2,00,000

c) Other Information Rs.

Purchases 1,50,000

Discount Received 5,000

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Sales 1,90,000

Discount allowed 1,000

B/R received during the year 45,500

B/P issued during the year 77,500

Stock of goods on 31.12.2013 35,000

Reserve for doubtful debt as 10% p.a. Depreciate Land and Building Rs.3,500.

Prepare Trading and Profit and Loss a/c. and Balance Sheet of Jayaram on 31.12.2013.

15

SURANA COLLEGE


I Semester BBA




SECTION-A

Answer any 5 sub questions of the following each carries 2 marks. [5x2=10]

a) Define liberalization.

b) What is commerce?

c) Mention 4 environmental legislations in India.

d) Name the types of promoter.

e) Mention any 2 objectives of co-operative society.

f) Give the meaning of legal environment.

g) Mention any 4 qualities of a successful businessman.

SECTION-B


2. Distinguish between commerce, trade & industry.

3. State the rights & duties of partners.

4. Discuss various types of co-operative society.

5. Explain the various internal factors that create profound impact on business.

6. Explain the methods of operation of MNC’s.

SECTION-C


7. Give the meaning of business.Discuss the relationship between government & business.

8. Explain briefly liberalization, privatization & globalization.

9. Write a note on legal environment & technological environment.[Impact/ Influence]

10. What is organization? Discuss the factors which influence the choice of a form of organization.

11. Discuss the features & merits of new industrial policy 1991.

16

SURANA COLLEGE


I Semester BBA




SECTION-A

1. Answer any 5 questions, each carrying 2 marks

a) What is HCF and LCM?

b) What is HCF of 256 and 1166?

c) What is meant by quadratic equation? d) Write the types of equations.

e) Solve for x, x+ ��

�= 11

f) The first term of a GP is 5 and the common ratio is -2, what is the 6th term?

g) If � = �2 −13 2

�find B2.

SECTION-B


2. Solve through formula method: x2 +3x -28 =0.

3. Solve for x under formula method 9x2 – 3x – 2=0.

4. If � = �2 51 3

� � = �1 −1

−3 2� Find AB and BA.

5. If � = �0 2 32 1 4

� �� = �7 6 31 4 5

�

Find i. 5B-3A, ii. 2A+4B

6. The sum of first two terms of GP is 15 and the sum of first three terms of the same is 63. Find the 5th

term.

SECTION-C


7. The weekly wages of 30 persons consisting of men and women amounts to Rs 3,800. Each men

receives Rs. 160 and each women Rs. 120 as wages per week. Find the number of men and women.

8. Solve by elimination method.

x + y = 15

3x – y = 21

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9.A sum of Rs 312 divided among four persons, A, B, C and D, the amount received by them in G.P. If

A and D together received Rs 252, find the amount received by each person separately.

10. If � = �2 1 23 1 11 3 2

� �� = �1 1 22 1 11 2 1

� Prove that (AB)’=B’A’

11. Show that

�3 4 72 1 3

−5 −1 2�= -40

18

SURANA COLLEGE


I Semester BBA


Subject 1.6 - Management Process


SECTION – A


1. a) Give the meaning of co-ordination.

b) What are policies?

c) Give the meaning of committee.

d) What is meant by recruitment?

e) State two essentials of effective control.

f) State the steps in control process.

g) What is ethics?

SECTION – B


2. Briefly compare line organization and staff organization

3. Briefly explain the essentials of a good plan.

4. What are the factors influencing span of control?

5. Distinguish between formal and informal organization.

6. What are the steps in decision making?

SECTION –C


7. Briefly explain the steps in planning process

8. Briefly explain Henry Fayol’s principles of management.

9. Briefly explain Mc. Gregor’s Theory X & Theory Y.

10. What are the leadership styles? Explain in brief.

11. Explain the barriers to communication. Suggest the measures to overcome it.

19

SURANA COLLEGE


I Semester BBA

Model Question Paper – III



SECTION – A

Answer any five sub-questions. Each carries two marks (5 X 8 = 10)

1. a) State any two merits of Accounting

b) What is Accounting Cycle?

c) How are the accounts classified under English System?

d) What is Double Entry System of Accounting?

e) What is a Debit Note?

f) Give the meaning of subsidiary books.

g) State any two reasons for differences in balances as per cash book and pass book.

h) Why is a trial balance prepared?

SECTION – B


2. State the merits and de-merits of single entry system.

3. Prepare Debtors Account & Creditors Account from the following

Opening balance of Sundry Debtors Rs. 80,000

Opening balance of Sundry Creditors Rs. 50,000

Credit Purchases Rs. 45,000

Credit Sales Rs.1,96,000

Received cash from debtors Rs.1,56,000

Paid cash to creditors Rs. 40,000

Return, outwards Rs. 15,000

Allowed Discount Rs. 4,000

B/R received Rs. 30,000

Discount Received Rs. 2,000

Return inwards Rs. 17,500

20

Rebate allowed to debtors Rs. 5,500

Bad Debts Rs. 9,000

B/R dishonored Rs. 7,500

4. Prepare an analytical petty cash book from the following transactions:-

July 2012

1st Received from Cashier Rs. 1,000

3rd Paid for Postage Rs. 25

5th Purchased Stationery Rs. 30

7th Sent Telegram Rs. 15

9th Paid for Carriage Rs. 35

12th Paid to Abhilash Rs. 150/-

14th Auto charges paid Rs. 50/-

18th Paid to office cleaning Rs. 33/-

22nd Bough Postal Stamps Rs. 25/-

28th Paid for Journal and Magazines Rs. 150/-

30th Clients refreshment charges Rs. 40/-

5. Prepare the Bank Reconciliation Statement from the following details.

a) Balance as per cash book as on 31st March 2012 Rs. 30,000

b) Cheques of Rs. 25,000 deposited on 28th March 2012, but not credited in bank account.

c) Interest of Rs. 2,000 credited in bank account only.

d) Cheques issued for Rs. 15,000 out of which only Rs. 10,000 is cleared in the bank account as on

31st March 2012.

e) Bank charges of Rs. 1,000 debited in bank account only.

f) A customer made a payment of Rs. 10,000 directly into bank account on 30th March 2012 and

informed on 04th April 2012.

g) Bank paid insurance premium of Rs. 3,000 as per standing instructions on 31st March 2012, the

same was not recorded in cash book.

h) Cheque of Rs. 6,000 deposited on 27th March 2012 was returned dishonored on 30th March 2012,

the same was not recorded in cash book.

6.Pass journal entries for the following transactions.

a) Kushal commenced business with a capital of Rs. 75,000

b) Opened a bank account with Rs. 22,000

c) Goods purchased for cash Rs. 10,000

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d) Sold goods to Harish on credit Rs.16,000

e) Furniture purchased for Rs. 6,000 and paid by cheque.

f) Paid staff salary Rs. 3,500 by cheque.

g) Received from Harish Rs.15,900 in full settlement.

h) Provide depreciation on Furniture Rs. 200.

SECTION – C

Answer any three. Each carries fourteen marks. (4 X 14 = 42)

7. Enter the following transactions in a journal, prepare ledger and trial balance.

2007

August

1st Gupta Started business Cash Rs 7,000 and Machinery Rs 10,000

2nd Purchased goods from Peter Rs 12,000

3rd Sold goods for cash Rs 6,000

5th Paid Peter on account Rs 10,000

7th Returned goods to Peter Rs 500

10th Sold goods to Nelson Rs 4,000

11th Purchased goods from John Rs 8,000

14th Goods returned to John Rs 8,000

22nd Sold goods to Robert Rs 2,000

27th Paid John on account Rs 5,000

30th Paid wages Rs 2,000

8. Prepare three column cash book from the following transaction.

2005

August

1st Balance of cash in hand Rs 4,000 Bank over draft Rs 10,000

3rd Received a bearer cheque from Mahesh for Rs 5,000 & allowed his discount Rs 130

6th Deposited into bank Mahesh cheque Rs 320 in settlement of Rs 1000

10th Paid to Anil by bearer cheque Rs 320 in settlement of Rs 350

15th Received from cash sales Rs 275 & crossed cheque Rs 5225

19th Paid for cash purchases by cheque Rs 645

22nd Paid for cheque to Kavya Rs 725 in settlement of Rs 800

25th Draw for office use Rs 1900 & for personal use Rs 900

27th Paid for advertisement Rs 245

28th Paid staff salary by cheque Rs 2,250

22

29th Paid office rent by cash Rs 400 & house rent by cheque Rs 375

31st Received a crossed cheque of Rs 580 from Srinivas in settlement of Rs 620 & deposited into bank

9. From the following Trial Balance of Ms. Mamatha and considering the adjustments, prepare Trading and Profit and Loss A/c for the year ended 31-03-2012 and Balance Sheet as on that date.

Additional Information:

a) Outstanding salaries Rs. 1,500

b) Create reserve for doubtful debts at 5%.

c) Interest accrued on investments Rs. 1,800

d) Depreciate land and buildings at 5% and furniture and fittings at 10%.

e) Closing stock Rs. 56,000.

Trial Balance as on 31-03-2012

Particulars Debit Credit

Capital & Drawings 20,000 1,50,000

Opening stock 42,000

Bills receivable & payable 10,000 10,000

Returns 1,500 2,000


Wages 5,000

Investments 15,000

Salaries 6,000

Carriage outwards 2,500

Land and buildings 85,000

Discount 2,000 3,000

Furniture and fittings 95,000

Debtors and Creditors 30,000 20,000

Cash in hand and at bank 20,000

Interest received 2,000

Carriage inwards 2,000

Bad debts 1,500

Commission received 500

Total 4,87,500 4,87,500

10. Enter the following transactions in subsidiary books

23

2016

July

1st Bought 5 dozens of accountancy books from Archana Stores @ Rs.12 per Book

3rd Sold 60 management books to Chetan @ Rs.240 per Book

5th Purchased 50 Economics books @ Rs.70 per book from Amar Book Stores, Less 10% trade

discount

8th Bought Machinery worth Rs.4000/- from Ganesh Stores

10th Returned 5 Accountancy books to Archana Stores

12th Sold 10 dozens of Note books to Amar Stores @ Rs.10 per note book

15th Chetan returned 4 Management book

17th Bought goods worth Rs.1,100 from Anil Stores

21st Returned 8 Economics books to Amar Stores

23rd Sold goods worth Rs.4000/- to Balaji Stores

25th 120 English books sold to Ganesh Stores @ Rs.240 per dozen

27th Goods of Rs.400 sent back to Anil Stores

30th Sent credit note to Balaji Stores for Rs.500/-

11. Akshay keeps his books in Single Entry system. The following information is supplied to you.

Particulars Amount (Rs.) Amount (Rs.) 1/1/2010 31/12/2010

Cash 1,000 2,000


Bank (Cr) 10,000 (Dr) 20,000

Bills Payable 10,000 5,000

Debtors 25,000 31,000

Creditors 20,000 25,000

Stock 30,000 40,000

Furniture 10,000 10,000

Plant & Machinery 20,000 20,000

Land & Buildings 50,000 50,000

Motor Car (1/4/2010) -- 40,000

During the year, he has withdrawn Rs. 5,000 for personal use & paid Rs.10, 000 for his son’s College fees. On 1/7/2010, he introduced additional capital of Rs.10, 000.

Adjustments: a. Depreciate Plant & Machinery, Furniture & Motor Car @ 10% per annum. b. Appreciate Land & Buildings by 20%

24

c. Write off Bad-debts Rs.1,000 & Maintain RBD @ 5% on Debtors, d. Allow interest on capital @ 10% per annum, e. Insurance prepaid Rs. 500. Prepare statement showing profit or loss as on 31/12/2010 & revised statement of affairs as on that date.

12. Mr. Rahim carries on a grocery business and does not keep his books in double entry basis. The following particulars have been extracted from his books.

01-04-2013 31-03-2014 Plant & Machinery 50,000 51,000

Stock 44,000 39,000 Sundry Debtors 16,000 51,000

Sundry Creditors 25,000 20,000 Cash in hand 800 1,600 Bank Balance (Dr.) 12,500 (Cr.) 14,000

The following transactions appear in Cash Book of the year.

Cash Sales Rs.62,500, received from Debtors Rs.3,20,000, Purchases made 57,700, Payment to Creditors Rs.2,34,000, General Expenses paid Rs.42,900, Wages paid Rs.30,000, Drawing Rs.13,600.

During the year Rahim had taken goods worth Rs.3,900 from the business for his own use and had not paid any amount in to the business. Prepare Trading and Profit and Loss A/c. for the year ending 31st March 2014 after charging depreciation on Plant & Machinery at 10% p.a. and the Balance Sheet as on that date.

25

SURANA COLLEGE


I Semester BBA




SECTION-A-

1. Answer any 5 sub questions of the following each carries 2 marks. [5x2=10]

a) What is prospectus?

b) What is co-operative society?

c) What is micro environment of business?

d) Give the meaning of transfer of technology.

e) Give any 4 points of distinction between co-operative society & Joint Stock Company.

f) Give the meaning of privatization.

g) State the various components of political environment.

SECTION-B


1. Distinguish between general partnership & limited partnership.

2. Write a short note or differentiate between memorandum of association & articles of association.

3. Explain the characteristics of Joint Stock Company.

4. What are the limitations of environmental analysis?

5. Explain the impact of natural & social environment on business.

6. Discuss the contents of partnership deed.

SECTION-C


7. What is economic environment & explain its various components.

8. Discuss the merits & demerits of sole-proprietorship form of organization.

9. Discuss various kinds of companies.

10. Explain the various functions of business along with its role in social development.

11. How is a joint stock company incorporated? Explain the different stages of formation of a

company.

26

SURANA COLLEGE


I Semester BBA




SECTION-A

1. Answer any 5 questions, each carrying 2 marks

a) What is HCF of 16, 24 and 44?

b) Find LCM of 16, 24 and 36.

c) Find value of x, when 3x2-27=0. d) Solve for x, 4x2 +4=20. e) Solve: 5x2=48-2x2. f) Find the 8th term of GP. 5, 15, 45.

g) If A = �13

� B=[1 6 7] Find AB.

SECTION-B


2. A purchased 4 tons of wheat and 3 tons of sugar for Rs. 31,000, B purchased 3 tons of sugar for

Rs. 22,000. Find the price per ton of wheat and sugar.

3. Solve �

�− 22 =

��

�and

�

�− 23 =

��

�

4. If � = �2 3 4

−3 0 2� , � = �

3 −4 −51 2 1

� and � = �5 −1 27 0 3

�

Find matrix ‘X’ such that 2A+3B-X=C.

5. If 2� + � = �2 3 11 4 0

� �� 3� + 2� = �4 6 12 3 9

� Find the matrices A and B.

6. Three numbers whose sum is 18 are in AP. If 2, 4, 11 are added to them respectively, the

resulting numbers are in G.P. find the numbers.

SECTION-C


7. Solve for x and y

6x+2y=18xy

3x+8y=30xy

8. Solve for x and y, 3

�+

1

�= 9

1

�−

2

�= 10

9.A person saved Rs. 50 in first month, Rs. 80 in the second month and Rs. 110 in the third month and

so on. How much did he save in 5 years?

27

10. If A=�2 13 75 4

� and B=�2 −3 14 −2 5

� Prove that (AB)’=B’A’

11. There are two families A and B. There are two men, three women and one child in family ‘A’ and a

man, a woman and two children in family ‘B’. The daily intake of calories as recommended for men

2400, woman 1900 and children 1800. For protein intake men 55 grams, women 45 grams and children

33 grams.

Using matrices, calculate the daily total requirement of calories and protein for each of the two families.

28

SURANA COLLEGE


I Semester BBA


Subject 1.6 - Management Process


SECTION – A


1. a) What is administration?

b) What is an objective?

c) What do you mean by MBE?

d) Give the meaning of motivation.

e) State any four qualities of a good leader.

f) What are single use plans?

g) Expand POSDCORB.

SECTION – B


2. Discuss the merits and de-merits of de-centralization of authority.

3. Discuss the essentials of a sound control policy.

4. Is management an art or science? Discuss.

5. Briefly explain Maslow’s need hierarchy theory of motivation.

6. Briefly explain the features of management.

SECTION –C


7. What is staffing? Explain the process of staffing.

8. Briefly explain the different types of plans.

9. Explain briefly the various types of organization structure

10. Briefly explain the methods of establishing control.

11. Explain the social responsibility of business towards various sections of the society.

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