FirstRanker Logo

FirstRanker.com - FirstRanker's Choice is a hub of Question Papers & Study Materials for B-Tech, B.E, M-Tech, MCA, M.Sc, MBBS, BDS, MBA, B.Sc, Degree, B.Sc Nursing, B-Pharmacy, D-Pharmacy, MD, Medical, Dental, Engineering students. All services of FirstRanker.com are FREE

📱

Get the MBBS Question Bank Android App

Access previous years' papers, solved question papers, notes, and more on the go!

Install From Play Store

Download OU B.Com 4th Sem Corporate Accounting Important Questions

Download OU (Osmania University) B.com (Bachelor of Commerce) 4th Sem Corporate Accounting Important Question Bank For 2021 Exam

This post was last modified on 23 January 2021

OU BSc Computer Science 2021 Important Question Bank || Osmania University (Important Questions)


B Com (Generals/Computers) II year IV Semester

Corporate Accounting


UNIT I: Company Liquidation

--- Content provided by‌ FirstRanker.com ---

  1. What is meant by Liquidation?
  2. Statement of Affairs.
  3. Liquidator.
  4. Contributory.
  5. Deficiency / Surplus (List H).
  6. --- Content provided by‌ FirstRanker.com ---

  7. Over-riding preferential payments.
  8. Preferential creditors.
  9. Liquidator’s Remuneration.
  10. What are the different methods of liquidation of company? (Long)

UNIT II: Amalgamation

--- Content provided by FirstRanker.com ---

  1. Define the following words.
    • (a) Amalgamation
    • (b) Absorption
    • (c) External reconstruction
  2. The pooling of Interest Method.
  3. --- Content provided by‍ FirstRanker.com ---

  4. Write the distinction between amalgamation in the nature of merger and amalgamation in the nature of purchase. (Long)
  5. What is purchase consideration? Explain the various methods of purchase consideration.(Long)
  6. Write the journal entries in the books of Transferor and Transferee Company.(Long)
  7. : Amalgamation

UNIT III: Internal Reconstruction and Acquisition of Business

--- Content provided by‍ FirstRanker.com ---

Internal Reconstruction:

  1. Define Internal Reconstruction and its accounting treatment.(Journal Entries)(Long)
  2. What is need for capital Reduction?
  3. Provisions of Internal Reconstruction.

Acquisition of Business:

--- Content provided by FirstRanker.com ---

  1. What is Acquisition of Business?

UNIT IV: Account of Banking companies

  1. Slip system of ledger posting.
  2. Cash credits, Loans, Overdraft.
  3. Branch Adjustments, Non-banking assets.
  4. --- Content provided by‍ FirstRanker.com ---

  5. Statutory Reserve, Provision of doubtful debts, Provision for Taxation.
  6. Rebate on bills discounted.
  7. Bills for collection and Non-performing assets.
  8. Contingent liabilities.

UNIT V: Accounts of Life Insurance Companies and Accounts of General Insurance Companies and Insurance claims

--- Content provided by‌ FirstRanker.com ---

Life Insurance:

  1. Define the following words.
    • (a) Premium
    • (b) Claims
    • (c) Annuities
    • (d) Surrenders
    • --- Content provided by​ FirstRanker.com ---

    • (e) Consideration for annuities granted
    • (f) Reversions
    • (g) Re-Insurance
    • (h) Reversionary Bonus
    • (i) Life assurance fund
    • --- Content provided by​ FirstRanker.com ---

  2. Write the difference between valuation Balance sheet and normal Balance sheet. (Long)

General Insurance:

  1. Reserve for Unexpired Risk
  2. Difference between Life insurance and General Insurance.(Long)
  3. --- Content provided by​ FirstRanker.com ---

  4. Catastrophe Reserve.

Insurance Claims:

  1. Insurance claims.
  2. Memorandum trading A/c.
  3. Average Clause.
  4. --- Content provided by⁠ FirstRanker.com ---


Important Problems Unit wise:

UNIT I: Company Liquidation

Page No’s: A-3, A-7, A-12, A-14, A-16, A-19, A-21, A-22

UNIT II: Amalgamation

Page No’s: B-9, B-13, B-16, B-21(1), B-22(2), B-25(6&7), B-28(11&12)

--- Content provided by​ FirstRanker.com ---

UNIT III: Internal Reconstruction and Acquisition of Business

Page No’s: C-2, C-5(1&2), C-7(6), C-8(7), C-9(9), C-10(10)

D-1, D-6(1), D-7(2&3)

UNIT IV: Account of Banking companies

Page No’s: E-25(11, 12, 13 & 14), E-27(4), E-28(5,6&7), E-31(11), E-32(14), E-33(15&17), E-37(24)

--- Content provided by⁠ FirstRanker.com ---

UNIT V: Accounts of Life Insurance Companies and Accounts of General Insurance Companies and Insurance claims

Page No’s: F-10, F-12, F-14, F-16, F-19, F-20, F-24(1&2), F-30(9), F-26(5)

G-7, G-9, G-11, G-16(1), G-17(2&3)

H-3, H-6(5), H-7(6), H-8(9,&10), H-11(15)

FirstRanker.com

--- Content provided by​ FirstRanker.com ---



This download link is referred from the post: OU BSc Computer Science 2021 Important Question Bank || Osmania University (Important Questions)

--- Content provided by‌ FirstRanker.com ---