Roll No. ________ Code No.

OC-116

FIRST SEMESTER EXAMINATION 2021-22

Class - B.B.A.
Subject - Financial Accounting

Time : 2.30 Hrs. Max. Marks : 80

Total No. of Printed Page : 08 Mini. Marks : 28
_________________________________________________________________________________
uksV % iz'u i= rhu [k.Mksa esa foHkDr gS A lHkh rhu [k.Mksa ds iz'u funsZ'kkuqlkj gy dhft,A
vadksa dk foHkktu izR;sd [k.Mksa esa fn;k x;k gSA
Note:- Question paper is divided into three sections.Attempt question of all three
section as per direction Distribution of marks is given ineach section.

[k.M & ^v*/ Section 'A'

vfry?kqmRrjh; iz'u ¼'kCn lhek 30 'kCna½

Very short answer type question, word limited 30 word.

izR;sd bdkbZ ls nks iz'u dk mRrj fyf[k;sA

Write answer any two question from each unit. 10x2=20

bdkbZ & I / Unit -I

iz-1 [kkrk i`"B la[;k ls vki D;k le>rs gSa \

What do you mean by Ledger Folio Number ?

iz-2 ryiV cukus dk D;k mn~ns'; gS \

What are the objects of preparing Trial Balance ?

iz-3 ys[kkadu dk vFkZ crkb,A

Explain the meaning of Accounting.

OC-116 P.T.O.
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bdkbZ & II / Unit -II

iz-4 LFkfxr vkxr O;; ls vki D;k le>rs gSa \

What do you mean by deferred revenue expenditure ?

iz-5 lEHkkO; nkf;Ro D;k gS \

What arecontingent liabilities ?

iz-6 lek;kstu dk vk'k; fyf[k,A

Write the meaning of adjustment.

bdkbZ & III / Unit -III

iz-7 vof'k"V ewY; D;k gS \

What is Scrap Value ?

iz-8 xqIr lap; D;k gS \

What is secret reserve ?

iz-9 ewY;gzkl dh LFkk;h fdLr i)fr D;k gS \

What is Fixed Instalment of Depreciation ?

bdkbZ & IV / Unit -IV

iz-10 lk>snkjh lays[k D;k gS \

What is Partnership Deed ?

iz-11 olwyh [kkrk D;k gS \

What is Realisation Account ?

iz-12 ykHk izkfIr vuqikr D;k gS \

What is gaining ratio ?

OC-116 P.T.O.
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bdkbZ & V / Unit -V

iz-13 izfooj.k ls vki D;k le>rs gSa \

What do you understand from Prospectus ?

iz-14 okgd _.ki= dks le>kb,A

Describe the bearer debenture.

iz-15 LoSV lerk va'kksa ls D;k vk'k; gS \

What do you mean by Sweat Equity Share ?

[k.M & ^c*/ Section 'B'

y?kqmRrjh; iz'u ¼'kCn lhek 60 'kCna½

Short answer type question, word limited 60 word.

izR;sd bdkbZ ls ,d iz'u dk mRrj fyf[k;sA

Write answer any one question from each unit. 5x6=30

bdkbZ & I / Unit -I

iz-16 ys[kkadu ds mn~ns';ksa dk o.kZu dhft,A

Describe the objectives of Accountancy ?

vFkok @ OR
jksdM+ cgh ds izdkjksa dks laf{kIr esa Li"V dhft,A
Explain in brief of types of Cash Book.

bdkbZ & II / Unit -II

iz-17 O;kikfjd [kkrk ,oa ykHk&gkfu [kkrk esa varj dhft,A

Distinquish between Trading Account and Profit &Loss Account.

OC-116 P.T.O.
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vFkok @ OR

vnRr O;;] iwoZnRr O;;] mikftZr vk; ,oa vuqikftZr vk; dk lek;kstu dSls fd;k tkrk gS \
How adjusted outstanding expenses prepaid expenses, accured income and unearned

income.

bdkbZ & III / Unit -III

iz-18 gzkl dk vk'k; gS \ gzkl ds fy, izca/k djuk D;ksa vko';d gS \

What is Deprediation? Why is arrangement for depreciationis made?

vFkok @ OR

iwathxr lap; o vk;xr lap; esa varj djks A

Distinguish between Capital Reserve & General Reserve.

bdkbZ & IV / Unit -IV

iz-19 deZ ds lekiu dh fofHkUu fof/k;ksa dks crkb,A

Explain the methods of dissolution & firm.

vFkok @ OR

ykHk izkfIr vuqikr ,oa R;kx vuqikr esa varj Li"V djsaA
Distinguish between Gaining Ratio and Sacrificing ratio.

OC-116 P.T.O.
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bdkbZ & V / Unit -V

iz-20 iwokZf/kdkj va'k D;k gS \ buds fofHkUu izdkj dk o.kZu dhft,A

What is meant by Preference Shares ? Discuss the various types of preference share.

vFkok @ OR

_.ki= ls vki D;k le>rs gSa \ daiuh }kjk vuq"kkafxd izfrHkwfr ds :i esa _.ki=ksa ds fuxZeu lsD;k
rkRi;Z gS \
What do you understand by debenture ? What do you understand by issue of debenture

as a collateralsecurity ?

[k.M & ^l*/ Section 'C'

nh?kZ mRrjh; iz'u
Long answer type question.

fuEukafdr esa ls fdUgha nks iz'uksa dks gy dhft;sA

Attempt any two questions from the following :- 2x15=30

bdkbZ & I / Unit -I

iz-21 f}&izfof"V iz.kkyh ls vki D;k le>rs gSa \ blds fu;e rFkk blds ykHk fyf[k,A
Whatdo you understand by double entry system ? Write its rule and merits.

bdkbZ & I I / Unit -II

iz-22 nqcs baVjizkbZtsl ds fuEufyf[kr ryiV ls 31 ekpZ 2021 dks lekIr gq, o"kZ ds fy, mlds vafre ys[ks
rS;kj dhft, A
From the following trial balance of Dubey Enterprises, prepare his FinalAccounts for

the year ended 31st March 2021.

OC-116 P.T.O.
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uke 'ks"k (Dr. Balance)

Rs.
Ø; ¼lek;ksftr½ Purchases (Adjusted) 6,89,200
xkM+h&HkkM+k (Carriage) 900
osru (Salaries) 11,900
lkekU; O;; (General exp.) 900
gzkl (Depreciation) :
Hkou (Building) 600
QuhZpj (Furniture) 600
1200
Hkou (Building) 30,000
QuhZpj (Furniture) 6,000
iwoZnRr O;; (Prepaid exp.) 200
fofo/k nsunkj (Sundry Debtors) 8,000
jksdM+ (cash) 1,750
LVkWd (Stock) 31.3.2021 56,250
frokjh dk mpar [kkrk (Tiwari's Suspense A/c) 5000
-------------------------------
dqy ;ksx (Total) 8,11,300
-------------------------------
tek 'ks"k (Cr. Balance) :-
foØ; (Sales) 7,40,000
cV~Vk (Discount) 900
iwWath (Capital) 48,500
vnRr O;; (Expenses unpaid) 700
fofo/k ysunkj (Sundry Creditors) 21,200
----------------------
dqy ;ksx (Total) 8,11,300
----------------------

frokjh dk mpar [kkrk ml jksdM+ dks fn[kkrk gS tks mls ,d la;qDr lkgl ds fy, Hksth x;h gSA
frokjh us lwpuk Hksth gS fd lkgl ls 4000 :- dk ykHk gqvk gS] ftlesa nqcs dk Hkkx 1000 :- gSA
iqLrdksa esa bldk lek;kstu fd;k tkuk'ks"k gS A

OC-116 P.T.O.
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Tiwari's suspense account represent cash sent to Tiwari's for a joint venture. Tiwari has
sent intimation that the venture has resulted in a profit of Rs. 4000 of which Dubey's

share is Rs. 1000. This remains to be adjusted in the books.

bdkbZ & III / Unit -III

iz-23 lap; ls vki D;k le>rs gSa \ fofHkUu izdkj ds lap;dks Li"V dhft,A
What do you understand by Reserve ? Explain different kind of reserves.

bdkbZ & IV / Unit -IV

iz-24 ujs'k] egs'k rFkk lqjs'k ,d QeZ esa lk>snkj gSa vkSj mudk ykHk&gkfu vuqikr 4 % 3 % 3 gSA mUgksaus
QeZ ds fo?kVu dk fu.kZ; fy;k vkSj egs'k dks laifRr;ksa dh olwyh ,oa izkIr jkf'k dk forj.k djus
ds fy, fu;qDr fd;kA egs'k dks ikfjJfed ds :i esa Lda/k vkSj nsunku ls olwyh dk 5 izfr'kr
feysxkA fo?kVu dh frfFk dks QeZ dk rS;kj fd;k x;k fpV~Bk fuEu gS &
Naresh, Mahesh and Sureshare partner in a firm, their presit sharing ratio is 4 : 3 : 3.

They decided to dissolve the firm and appoint Mahesh to realise the assets and distribute

the proceeds. Mahesh is to receive 5% of amount realise from stock and debtors as

his remuneration. The following is the Balance Sheet preparedby firm as on the dated

dissolution.
-----------------------------------------------------------------------------------------------------------------------------
nkf;Ro jkf'k laifRr;kWa jkf'k
(Liabilities) (Amount) (Assets) (Amount)
-----------------------------------------------------------------------------------------------------------------------------
ysunkj (Creditors) 59,000 jksdM+ (Cash) 1500
iwath(Capital) nsunkj (Debtors) 43,500
ujs'k (Naresh) 30,000 Lda/k (Stock) 60,000
egs'k (Mahesh) 20,000 50,000 lqjs'k dh iwath
(Capital of Suresh) 4500
---------------- ----------------
1,09,000 1,09,000
-----------------------------------------------------------------------------------------------------------------------------
OC-116 P.T.O.
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egs'k us nsunkjksa ls 35000 :- rFkk Lda/k ls 47000:- olwy fd,A ysunkjksa dks iw.kZ Hkqxrku esa 57]500
:- pqdrk fd;kA blds vfrfjDr vnRr O;; ds :i esa 500 :-pqdk;sA lqjs'k vko';d jkf'k ykrk
gSA jksdhdj.k ys[kk] lk>snkjksa dk iwath ys[kk rFkk jksd ys[kk cuk,A
Mahesh realised Rs. 35000 from Debtors and Rs. 47000 from stock. Creditors were

paid Rs. 57,500 in full settlement. Beside outstanding expenses of Rs. 500 were also

paid. Suresh bring necessary Cash. Show the Realisation Account, Partner;'s Capital

A/cand cash A/c.

bdkbZ & V / Unit -V

iz-25 va'k ls D;k le>rs gSa \ blds izdkjksa dks foLr`r :i ls le>kb,A
What do you mean by Share ? Explain its types in detail.

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OC-116 R-000