Financial Management and E-Banking 2018 April (2015 Ad)

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BTS-VI-04.I 8-0667 Reg. No.

B.Teclt. Degree VI Semester Examination April 2018


IT 15-1601 F'INANCIAL MANAGEMENT AND E-BANKING
QAI5 Scheme)
Time: 3 Hours Maximum Marks: 60

PART A
(Answer,4Il, questions)
(10x2:20)
I. (u) What are the rules for debit and credit?
(b) Distin gu ish betr.l,een capital expend iture artd ret en ue expend iture.
(c) Explain in tu,o or tlrree senlences: (i) Fixed Cost (ii) Variable Cost.
(d) Define: (i) Current Ratio (ii) Liquid Ratio.
(e) What do you mean by funds from operations?
(r) What is a cash flow statement?
(g) Write a short note on SFNB.
(h) Write a brief note on management issues in online banking.
(i) Distinguislr between Trial Balance and Balance Sheet.
0) What are the limitations of Ratio analysis?

T'ART B
(4 x l0:40)
II. Fronr the follorving inflornration prepare a grading A/c, profit and loss
account aud balance shect.
Trial Ilalance
Dr Cr
Opening stock 20,400
Sales 1,46,500
Salary 12,490
Insurance 1,950
Discount receivecl 6s0
Audit Fees 1.370
Plant and Machincry 8.500
Commissiorr received 2,640
Interest on Inrresturents 400
Repairs office 1,890
Sundry Expenses 950
Salcs [teturrrs 2,000
Discount allor,vcd 2.5 00
Rent paid 6,390
Purchases 85,950
Travellirrg Expenses 5,350
Wages 60. I 40
Carliage iuw'ards 1,650
Office lighting 3,474
Purchase Returns 1,430
Investrnents in Govt. Securities 12,000
Debtors 2,900
Capital 67,000
Creditors 19,800
Drawings 7,000
Cash at Bank 1.520
2,38,42A 2.38.420
(P.r.o.)
2

Adjustnrents:
(i) Closing stock is valued at Rs. 2, 50,000.
(ii) Depreciate plant and machinery at l0 ok.
(iii) Salary outstanding Rs. 2,500.
(iv) Rcnt prepaid Rs. 1000.
(v) Commissiorr received in Advalice is Rs. 40.
(vi) Interest accnred on Investlrent Rs. 100.
OR
lll. I)efine Accourrting. Explain any ten accouuting concepts and conventions.

IV. Define cost accounting, What are the objcctives of C.rst accounting?
Disting,islr betrveen cost accounting ancl Financial accounting.
OR
V. Frorn thc lollowing data, calculate:
(i) Break even point expressed in amount of sales in rupees.
(ii) Number of units that must be sotd to earn a profit of Rs.
1,20,000 per vear.
(iii) I{ow manr"utiits are to be sold to earn a net income of 159',, of
sales?
Selling Price Per Unit Rs.,10/-
Variablc cost Per Unit Rs.25l-
F ixed Facrorv Overheads Rs. I .60,000/-
F'ixed Sellin_s Cost Rs.20,000/_

VI' (a) Define funds florv statenrent. Distinguish betxcen FLLnds Flow, statement and
Cash FIolr, statelxeltt.
(b) Define cost reduction. Distirrguish betu,een cost recluction and cost control.
OR
VII. Frorn the follow,ing inlbrmation calculate:
(i) Schcciule of changes in rvorking capital.
(ii) [iunds fiorrr operations.
(iii) FLrnds flow staternenr.

Balance Sheet
Liabilities 2003 2002 Assets 2003 20{02
Share Capital 3.25.000 3,00,000 Land 5,1 0,000 4,50,000
PII- Alc I ,70,000 1,00,000 Plant machirrer,v 90,000 r.00.000
Debentures 1,50,000 2.00.000 Stock 1,10,000 80.000
Creditors q8.000 75.00i) Debtors 30,000 46,000
O/s Expenses 2,000 s.000 Caslr 5,000 4.000
7^45,000 6,80,000 7,45,000 6,80,000

VIfl. (a) Explain Banking via online Service.


(b) Explain the marketing issues in Online Banking.
OR
IX. Explain categories of Home Banking^

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