M.B.A. DEGREE EXAMINATION, NOVEMBER 2017
Hotel Management and Catering Science
FINANCIAL AND MANAGEMENT ACCOUNTING
(2016 onwards)
Time 3 Hours Maximum 75 Marks
Part A (10 x 2 20)
Answer all questions.
1. What is financial accounting?
2. Explain the journal entries.
3. What is meant by ledger?
4. What is management accounting?
5. What is cash book?
6. What is common size income statement?
7. What do you mean by ratio analysis?
8. What is sources of application?
9. Define budget.
10. Write note on P/V ratio.
Sub. Code
12
CP-8278
2
sp6
Part B x 5 25)
Answer all questions.
11. What are the managerial uses of accounting?
Or
Pass journal entries in the books of Shyam.
Jan Started the business with capital of Rs. 2,00,000
Jan Paid salary Rs. 20,000
Jan Depreciation on machinery Rs. 40,000
Jan Bought van Rs. 5,00,000
Jan Purchased goods for cash 2,00,000
12. What are the methods of accounting?
Or
Explain the various kinds of subsidiary books.
13. What are the merits of financial statement
analysis?
Or
Calculate the trend percentages from the following
figures of X Ltd taking 2009 10 as the base year.
Year Purchases Sales N/P
2009-10 2,555 3,252 452
2010-11 4,385 5,542 565
2011-12 6,282 7,645 646
2012-13 7,832 8,362 760
CP-8278
3
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14. What are the merits of fund flow statement?
Or
From the following calculate fund from operation.
Rs.
N/P for the year 1,20,000
Dividend received 10,000
Depreciation 5,000
Profit on sale 5,000
15. How is master budget prepared?
Or
What are the scope of capital budgeting?
Part C x 10 30)
Answer all questions.
16. Distinguish between management accounting Vs
financial accounting.
Or
An asset is purchased on 1.1.2016 for Rs. 2,50,000.
Depreciation is to be provided annually 10% per
annum on diminishing balance method. You are
required to prepare asset amount for the first 10
years.
17. What are the merits of preparing trail balance?
Or
What are the factors determining working capital?
CP-8278
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18. Distinguish between fund flow statement Vs cash
flow statement.
Or
From the following information prepare flexible
budget for over heads at 60% and 80%
capacity.
60% capacity

Fixed O/H
Depreciation 30,000
Insurance 10,000
Salary 28,000
Semi-variable O/H
Power fixed] 60,000
Repairs fixed] 6,000
Variable O/H
Raw materials 12,000
Wages 40,000
Total 1,86,000
Estimate working hours 1,86,000 hours.
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