Total No. of Questions—8] [Total No. of Printed Pages—7
Seat
No. [5372]-54
B.Sc. (Hospitality Studies) (Fifth Semester) EXAMINATION, 2018
504 HOTEL ACCOUNTING
(2008 PATTERN)
Time Three Hours Maximum Marks 70
N.B. Attempt only six questions including Question No. 1 which
is compulsory.
(ii Use of pocket calculator is allowed.
(iii Figures to the right indicate full marks.
1. An authorised capital of "Hotel Yogi" consists of 5,00,000 Equity
Shares of 10 each. Out of this they have issued 3,00,000 Equity
Shares of 10 each for public subscription
Trial Balance as on 31st March, 2017
Debit Balances Credit Balances
Goodwill 2,00,000 Sales
Stock Rooms 25,00,000
Food 90,000 Food 15,00,000
Beverages 1,30,000 Bar 10,00,000
Salaries 14,00,000 Banquets 7,50,000
Land and Building 15,00,000 Creditors 1,20,000
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Purchases General Reserve 2,25,000
Food 7,40,000 P&L Appropriation A/c 1,75,000
Beverages 3,50,000 10% Debentures 5,00,000
Advertisement 75,000 Fixed Deposits 1,90,000
Kitchen Equipment 5,00,000 Interest on Investment 40,000
Wages 2,50,000 Share Capital
Audit Fees 2,00,000 1,50,000 Equity Shares
Utensils 1,20,000 of 10 each 15,00,000
Kitchen Expenses 90,000
Guest Entertainment 50,000
Restaurant Furniture 2,70,000
Gas and Fuel 3,85,000
Printing and Stationery 75,000
Glass and China 65,000
Debenture Interest 50,000
Government Bonds 10,00,000
Insurance 2,50,000
Banqueting Debtors 2,00,000
Director's Fees 1,90,000
Cash 1,08,000
Preliminary Expenses 1,20,000
Calls in Arrears 60,000
Sundry Expenses 32,000
Total 85,00,000 Total 85,00,000
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Additional Informations
Closing stock was valued as
Food 1,10,000 and Beverages 1,40,000.
Directors proposed the following
Transfer of 2,25,000 to General Reserve.
(ii Dividend 22% to Equity Shareholders.
Prepare Trading Profit and Loss Profit and Loss Appropriation
A/c for the year ended 31st March, 2017 and a Balance Sheet as
on that date.
2. Write short notes on (any two)
Value Added Tax
Characteristics of Budget
Importance of Working Capital.
3. Mr. and Mrs. Ritesh Chopra arrived and occupied Room No. 309
on E.P. 4,000 in "Hotel Samrudhi" on 7th Sept. at 6.30 A.M.
He desired to check out on 10th Sept. at 1.30 P.M. Their
charges and credit items are given below. Prepare Guests' Weekly
Bill
Sept. 7 Charge items
E.M.T.; Breakfast; Telephone 35; Laundry 120; Newspaper
20; Lunch with one guest; A.N.C.; Food sundries 150; Dinner.
Deposited 15,000 in cash.
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Sept. 8 Charge items
E.M.T. one cup; E.M.C. two cups; Breakfast with one guest; Magazine
90; A.N.C.; Cigarattes 65; Local Tour 1,200; Snacks 70;
Soft Drinks 100; Dinner for one only.
Sept. 9 Charge items
E.M.C.; Breakfast; Gift Parcle 300; Railway Tickets; 1,500; Lunch,
A.N.C.; Telephone 40; Dinner; Deposited 5,000.
Sept. 10 Charge items
E.M.T.; Breakfast; Newspaper 20; Lunch; Taxi Bill 300.
Hotel Tariff
E.M.T. 20 per cup
E.M.C. 30 per cup
A.N.T. 25 per cup
A.N.C. 40 per cup
Breakfast 130 per person
Lunch 250 per person
Dinner 300 per person.
Calculate service charge 10% on Apartment and Food only. Check
out time is 12.00 Noon. It is a policy of a hotel that, if guest
checks out within the next two hours of check out time then not
to charge service charge on Apartment. Mr. Ritesh checked out after
settling his bill in cash.
[5372]-54 5 P.T.O.
4. Explain the following terms
V.P.O.
Company
Budget
Interim Dividend
Preliminary Expenses.
Write in one word, a term or phrase for the following
An incorporated association, which is an artificial legal
person created by law, having a separate entity, with
a perpetual succession and a common seal.
The expenses which are incurred at the commencement
of a company or formation expenses of a company.
An amount paid by front office of a hotel on behalf of
guest staying in a hotel to be charged to him against
his bill.
A plan of operations to be carried out by various departments
in a company which is expressed in quantities and monetary
values to be prepared prior to a specific period.
A dividend declared by directors and paid by a company
between two Annual General Meetings of a company.
5. From the following information find out cost of food sales
Particulars
Stock on 1st April, 2016 41,250
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Stock on 31st March, 2017 45,000
Purchases of Food 5,02,500
Purchase Returns 3,750
Staff Meals 67,500
Guest Food Complementary 22,500
Food transferred to Bar department 75,000
Transferred from Bar to Food department 7,500
If sales are of 8,43,750; find out Gross Profit.
From the information given below prepare as Income
statement of Rooms Schedule No. 1 as per uniform system
of accounting
Particulars Particulars
Room Sales 6,60,000 Allowances 10,000
Employee Benefits 55,000 Wages and Salaries 1,60,000
Contract Cleaning 16,000 Laundry Dry-cleaning 22,000
Commission 48,000 Uniforms 15,000
Operating Supplies 17,000 Guest Transportation 10,000
6. Distinguish between (any two)
Allowances and Discounts
Preference Shares and Equity Shares
Guests' Weekly Bill and Visitor's Tabular Ledger.
[5372]-54 7 P.T.O.
7. From the following prepare a consolidated income statement of
"Hotel Sarovar" as per uniform system of Accounting
Revenue
Rooms 45,00,000; Food 18,75,000; Beverage 3,75,000.
Cost of Sales
Food 5,62,500; Beverage 1,50,000.
Payroll Expenses
Rooms 18,00,000; Food 6,00,000; Beverage 1,05,000.
Other Expenses
Rooms 3,30,000; Food 2,55,000; Beverage 75,000.
Undistribut Operating Expenses
Marketing 1,80,000; Administration 3,52,500; Repairs 1,00,000.
Fixed Expenses
Insurance 1,50,000; Depreciation 2,50,000.
Tax is to be charged 30% of profits.
8. Answer the following (any two)
What are the advantages of budgetary control
Explain any five characteristics of a company.
State the reasons for granting of allowances to a guest in
a hotel.