BBA-02
December Examination 2016
BBA Pt. I Examination
Fundamentals of Accounting
Paper BBA-02
Time 3 Hours Max. Marks 80
Note: The question paper is divided into three sections B and C. Write answers as per given instructions.
Section A 8 × 2 16
(Very Short Answer Questions)
Note: Answer all questions. As per the nature of the question delimit your answer in one sentence upto 30 words. Each question carries 2 marks.
Write accounting equation.
Explain going concern concept.
What do you mean by real accounts?
What do you mean by purchase book?
What is contingent liability?
What entry will be passed for the overcast of the purchases book by 2000?
144
BBA-02 200 3 (P.T.O.)
BBA-02 200 3 (Contd.)
144
Write the name of two accounts which are prepared in
General Ledger.
(viii) Write journal entry for issue of debentures as colletaral
security.
Section B 4 × 8 32
(Short Answer Questions)
Note: Answer any four questions. Each answer should not
exceed 200 words. Each question carries 8 marks.
Prepare Journal Entry of the following:
Goods purchased from Ram 20000
Goods sold to Hari in Cash 10000
Salaries paid to Mohan 5000
Payment made to Ram in full settlement 19800
Give the reasons for the difference between balances of Cash
Book and Pass Book.
Write the difference between Receipts and Payments Account
and Income and Expenditure Account.
Write journal entries of forfeiture and re-issue of shares.
Why is it necessary to charge depreciation?
Explain any four accounting conventions.
Write a note on "Outstanding Expenses" and "Unearned
Income"
Explain in brief, the different types of Cash Book.
BBA-02 200 3
144
Section C 2 × 16 32
(Long Answer Questions)
Note: Answer any two questions. Each answer should not
exceed 500 words. Each question carries 16 marks.
10) Explain the following terminology:
Fictitious Assets
Provisions and Reserves
Goods-in-Transit
Cash-in-Transit
11) Write a note on "Accounting Concepts" and use of computer
accounting in current era.
12) What types of problems arise in departmental accounting and
how are they solved?
13) State the provisions of the Companies Act regarding redemption
of preference shares.