Download PTU (I.K. Gujral Punjab Technical University Jalandhar (IKGPTU) ) MCA (Master of Computer Application) 2020 March 1st Sem 72710 Accounting And Financial Management Previous Question Paper
Roll No. Total No. of Pages : 02
Total No. of Questions : 09
MCA (2015 to 2018) (Sem.?1)
ACCOUNTING & FINANCIAL MANAGEMENT
Subject Code : MCA-104
M.Code : 72710
Time : 3 Hrs. Max. Marks : 60
INSTRUCTIONS TO CANDIDATES :
1. SECTIONS-A, B, C & D contains TWO questions each carrying TEN marks each
and students have to attempt any ONE question from each SECTION.
2. SECTION-E is COMPULSORY consisting of TEN questions carrying TWENTY
marks in all.
SECTION-A
1. What is an Accounting? Explain its Principles, Concepts and conventions of Accounting.
Write a brief note on double entry system of an Accounting.
2. Redraft the incorrect trial balance :
Name of Account Debit Credit
Capital 30,000
Furniture 3000
Deposit with bank 22,500
Interest Received 1,125
Miscellaneous Receipts 2,250
Sundry Creditors 3,750
Sundry Debtors 10,500
Discount Allowed 750
Discount Received 600
Purchases 90,000
Sales 1,20,000
Return inwards 1,500
Return outwards 2,250
Carriage inwards 2,250
Carriage outwards 1,500
Salaries 4,500
Wages 3,000
Miscellaneous Exp 3,000
Cash in hand 375
Opening stock 17,100
Closing stock 8,550
1,64,250 1,64,250
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1 | M-72710 (S6)-1296
Roll No. Total No. of Pages : 02
Total No. of Questions : 09
MCA (2015 to 2018) (Sem.?1)
ACCOUNTING & FINANCIAL MANAGEMENT
Subject Code : MCA-104
M.Code : 72710
Time : 3 Hrs. Max. Marks : 60
INSTRUCTIONS TO CANDIDATES :
1. SECTIONS-A, B, C & D contains TWO questions each carrying TEN marks each
and students have to attempt any ONE question from each SECTION.
2. SECTION-E is COMPULSORY consisting of TEN questions carrying TWENTY
marks in all.
SECTION-A
1. What is an Accounting? Explain its Principles, Concepts and conventions of Accounting.
Write a brief note on double entry system of an Accounting.
2. Redraft the incorrect trial balance :
Name of Account Debit Credit
Capital 30,000
Furniture 3000
Deposit with bank 22,500
Interest Received 1,125
Miscellaneous Receipts 2,250
Sundry Creditors 3,750
Sundry Debtors 10,500
Discount Allowed 750
Discount Received 600
Purchases 90,000
Sales 1,20,000
Return inwards 1,500
Return outwards 2,250
Carriage inwards 2,250
Carriage outwards 1,500
Salaries 4,500
Wages 3,000
Miscellaneous Exp 3,000
Cash in hand 375
Opening stock 17,100
Closing stock 8,550
1,64,250 1,64,250
2 | M-72710 (S6)-1296
SECTION-B
3. Bring out the difference between cash flow statement and a fund flow statement.
4. What is financial Management? Discuss in Brief scope, nature, role and advantages of
financial management.
SECTION-C
5. What is Marginal costing? Discuss its nature, scope and importance.
6. What are standard costing? Explain the nature, importance and variances of standard
casting.
SECTION-D
7. Discuss the advantages of computerised Accounting.
8. What are the sub modules of computerised accounting system?
SECTION-E
9. Write short note on :
a) What is ratio analysis?
b) Budgetary Control
c) Profit and loss A/C
d) What is operating activities?
e) Features of trial balance
f) Define Capital Expenditure. Given examples.
g) Difference between Fixed assets and current assets.
h) Money measurement concept
i) Sole proprietary concern
j) Computer program for accounting
NOTE : Disclosure of Identity by writing Mobile No. or Making of passing request on any
page of Answer Sheet will lead to UMC against the Student.
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This post was last modified on 22 March 2020