Exam Details
| Subject | accounts & finance | |
| Paper | ||
| Exam / Course | pg diploma in computer applications (pgdca) | |
| Department | ||
| Organization | acharya nagarjuna university-distance education | |
| Position | ||
| Exam Date | May, 2017 | |
| City, State | new delhi, new delhi |
Question Paper
Total No. of Questions 10] [Total No. of Pages 03
P.G. DIPLOMA EXAMINATION, MAY 2017
COMPUTER APPLICATIONS
(Paper VII) Accounts Finance
Time 3 Hours Maximum Marks: 70
Answer any five questions
All questions carry equal marks
Q1) Explain double entry system of book keeping.
Q2) Discuss cost classification with examples.
Q3) Explain the functions of finance.
Q4) Differentiate between funds flow analysis and cash flow analysis.
Q5) Explain the advantages of ratio analysis.
Q6) What are the determinants of working capital?
Q7) What are the advantages of bank reconciliation statement?
Q8) From the following trial balance prepare trading and profit and loss account for
the year ended 31st Mar 2010.
Particulars Debit Credit
Rs. Rs.
Opening stock 51,000
Capital 72,000
Purchases 2,50,000
Sales 4,00,000
Carriage inwards 12,000
Wages 50,000
Salaries 26,000
Commission 3,000
Bad debts 2,000
Insurance 4,000
Rent, Rates and Taxes 12,000
Postage and telegram 2,800
Q9) From the following details you are required to make an assessment of the
average amount of working capital requirement of Fine Drinks Limited.
Average period Estimate for the
of credit first year
Rs.
Purchase of material 6 weeks 26,00,000
Wages 1½ weeks 19,50,000
Overheads:
Rent, rates, etc. 6 months 1,00,000
Salaries 1 month 8,00,000
Other overheads 2 months 7,50,000
Sales Cash 2,00,000
Credit sales 2 months 60,00,000
Average amount of stocks and work-in-progress 4,00,000
Average amount of undrawn profit 3,00,000
It is to be assumed that all expenses and income were made at even rate for the
year.
Q10) During the year the following transactions took place in the business
Dates Particulars Amount
October 1 Commenced business with cash 40,000
2 Purchased goods on credit from Shyam 30,000
3 Paid Gopalan an advance for goods ordered 2,000
4 Received cash from Murthy as advance for goods
ordered by him 3,000
5 Purchased furniture for goods for
office use for cash 2,000
6 Paid wages 500
7 Goods returned to Shyam 10,000
8 Goods sold to Kamal 2,000
9 Paid Postage and Telegrams 1,000
10 Withdrew cash for personal use 1,000
P.G. DIPLOMA EXAMINATION, MAY 2017
COMPUTER APPLICATIONS
(Paper VII) Accounts Finance
Time 3 Hours Maximum Marks: 70
Answer any five questions
All questions carry equal marks
Q1) Explain double entry system of book keeping.
Q2) Discuss cost classification with examples.
Q3) Explain the functions of finance.
Q4) Differentiate between funds flow analysis and cash flow analysis.
Q5) Explain the advantages of ratio analysis.
Q6) What are the determinants of working capital?
Q7) What are the advantages of bank reconciliation statement?
Q8) From the following trial balance prepare trading and profit and loss account for
the year ended 31st Mar 2010.
Particulars Debit Credit
Rs. Rs.
Opening stock 51,000
Capital 72,000
Purchases 2,50,000
Sales 4,00,000
Carriage inwards 12,000
Wages 50,000
Salaries 26,000
Commission 3,000
Bad debts 2,000
Insurance 4,000
Rent, Rates and Taxes 12,000
Postage and telegram 2,800
Q9) From the following details you are required to make an assessment of the
average amount of working capital requirement of Fine Drinks Limited.
Average period Estimate for the
of credit first year
Rs.
Purchase of material 6 weeks 26,00,000
Wages 1½ weeks 19,50,000
Overheads:
Rent, rates, etc. 6 months 1,00,000
Salaries 1 month 8,00,000
Other overheads 2 months 7,50,000
Sales Cash 2,00,000
Credit sales 2 months 60,00,000
Average amount of stocks and work-in-progress 4,00,000
Average amount of undrawn profit 3,00,000
It is to be assumed that all expenses and income were made at even rate for the
year.
Q10) During the year the following transactions took place in the business
Dates Particulars Amount
October 1 Commenced business with cash 40,000
2 Purchased goods on credit from Shyam 30,000
3 Paid Gopalan an advance for goods ordered 2,000
4 Received cash from Murthy as advance for goods
ordered by him 3,000
5 Purchased furniture for goods for
office use for cash 2,000
6 Paid wages 500
7 Goods returned to Shyam 10,000
8 Goods sold to Kamal 2,000
9 Paid Postage and Telegrams 1,000
10 Withdrew cash for personal use 1,000