Location via proxy:   [ UP ]  
[Report a bug]   [Manage cookies]                
Scribd Logo
Upload

Welcome to Scribd!

  • 407 views

    AFM Case Study Mba

    Uploaded by

    N . pavan
    1. This document contains an exam for an accounting course, with 8 questions covering various accounting topics like financial statements, ratio analysis, cost accounting, and basic accounting principles. 2. Question 8 is compulsory and asks students to prepare trading, profit & loss, and balance sheet statements from a trial balance including various adjustments to accounts. 3. The other questions cover definitions of accounting and cost accounting, adjusting entries, ratio calculations, break-even analysis, and differences between cash flow and funds flow statements.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd

    AFM Case Study Mba

    Uploaded by

    N . pavan
    407 views2 pages
    1. This document contains an exam for an accounting course, with 8 questions covering various accounting topics like financial statements, ratio analysis, cost accounting, and basic accounting principles. 2. Question 8 is compulsory and asks students to prepare trading, profit & loss, and balance sheet statements from a trial balance including various adjustments to accounts. 3. The other questions cover definitions of accounting and cost accounting, adjusting entries, ratio calculations, break-even analysis, and differences between cash flow and funds flow statements.

    Original Description:

    Asdf

    Copyright

    © © All Rights Reserved

    Available Formats

    PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    1. This document contains an exam for an accounting course, with 8 questions covering various accounting topics like financial statements, ratio analysis, cost accounting, and basic accounting principles. 2. Question 8 is compulsory and asks students to prepare trading, profit & loss, and balance sheet statements from a trial balance including various adjustments to accounts. 3. The other questions cover definitions of accounting and cost accounting, adjusting entries, ratio calculations, break-even analysis, and differences between cash flow and funds flow statements.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    407 views2 pages

    AFM Case Study Mba

    Uploaded by

    N . pavan
    1. This document contains an exam for an accounting course, with 8 questions covering various accounting topics like financial statements, ratio analysis, cost accounting, and basic accounting principles. 2. Question 8 is compulsory and asks students to prepare trading, profit & loss, and balance sheet statements from a trial balance including various adjustments to accounts. 3. The other questions cover definitions of accounting and cost accounting, adjusting entries, ratio calculations, break-even analysis, and differences between cash flow and funds flow statements.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    You are on page 1of 2

    Code No: MB1613 /R16

    MBA I Semester Regular/Supplementary Examinations, Jan/Feb-2018


    ACCOUNTING FOR MANAGERS
    Time: 3 Hours Max. Marks: 60
    Answer Any FIVE Questions
    All Questions Carry Equal Marks
    Question No. 8 is Compulsory
    1. a What is accounting? State how accounting useful to different types of users? 6M
    b Explain the need for subsidiary Books (Ledgers)? And what are the advantages of trial balances? 6M

    2. a Explain the need for harmonizing Accounting Standards? 6M


    b What do you mean by adjusting entries? Why is it necessary to pass adjusting at the time 6M
    of preparing final accounts?

    3. a What is funds flow statement? Discuss the significance of fund flow Statement as a tool of 6M
    financial analysis?
    b From the following information calculate 1) current ratio 2) quick ratio 3) Fixed assets 6M
    ratio 4) Debt-equity ratio and 5) Proprietary ratio

    Liabilities Rs. Assets Rs.


    Equity share capital 1.00.000 Cash in hand 2,000
    6% Preference Share 1.00.000 Cash at bank 10,000
    Capital
    7% Debentures 40,000 Bills receivable 30,000
    8% Govt. loan 20,000 Investments 20,000
    Bank Overdrafts 40,000 Debtors 70,000
    Creditors 67,000 Stock 40,000
    Proposed dividends 10,000 Furniture 30,000
    Reserves 1,50,000 Land, Buildings 2,20,000
    Provisions for tax 20,000 Machinery 1,00,000
    Profit and loss a/c 20,000 Goodwill 35,000
    Preliminary expenses 10,000
    5,67,000 5,67,000

    4. a Define cost accounting and explain the advantages of it? 6M


    b Explain the various methods of costing and elements of cost with examples? 6M

    1 of 2

    WWW.MANARESULTS.CO.IN
    |''|'''||''||'''||||
    Code No: MB1613 /R16
    5. a A manufacturer has supplied the following information relating to one his product 6M
    Total variable costs Rs.30,000
    Total sales Rs.60,000
    Units sold 20,000
    Total fixed costs Rs.18,000
    Calculate: 1.Contribution per unit, 2.Break-even point, 3.Margin of safety, 4. Profit,
    5.Volume of sales to earn a profit of Rs.24,000
    b Explain the importance of Make or Buy Decision in uncertainty conditions? 6M

    6 a Journalize the following transaction with narration and post into ledgers 6M
    2015 April 1 Received cash from ABC Rs.40,000
    2015 April 5 Purchased good from XYZ 15,000
    2015 April 8 Sold goods to MNP 25,000
    2015 April 10 MNP returned goods 500
    2015 April 15 Bought furniture from PQR 10,000
    b Explain the Limitations of Financial Statements? 6M

    7. a Distinguish between funds flow statement and cash flow statement? 6M


    b Explain the advantage of CVP analysis in decision making? 6M

    8. From the following Trail balance of ABC prepare trading and Dr. Rs. Cr. Rs. 12M
    profit & loss a/c for the year ending 31st March 2015 and
    balance sheet on that data
    Purchases 21,750
    Discount allowed 1,300
    Wages 6,500
    Salaries 2,000
    Travelling expenses 400
    Sales 35,000
    Commission 425
    Carriage inward 275
    Administration expenses 105
    Trade expenses 600
    Interest 250
    Building 5,000
    Furniture 200
    Debtors 4,250
    Capital 13,000
    Creditors 2,100
    Cash 7,045
    50,100 50,100

    Adjustments:
    Closing Stock wasRs.6, 000/- Depreciate buildings by 20%, create a provisions for
    bad debts at 10% on debtors, outstanding wages Rs.475.
    *****
    2 of 2

    WWW.MANARESULTS.CO.IN
    |''|'''||''||'''||||

    You might also like