Download PTU (I.K. Gujral Punjab Technical University Jalandhar (IKGPTU) BHMCT 2020 March (Bachelor of Hotel Management and Catering Technology) 1st Sem 14503 Accounts I Previous Question Paper
1 | M-14503 (S5)-232
Roll No. Total No. of Pages : 02
Total No. of Questions : 09
BHMCT (Sem.?1)
ACCOUNTS?I
Subject Code : BH-105
M.Code : 14503
Time : 3 Hrs. Max. Marks : 30
INSTRUCTIONS TO CANDIDATES :
1. SECTION-A is COMPULSORY consisting of TEN questions carrying ONE mark
each.
2. SECTION-B contains FIVE questions carrying 2
1
/
2
(Two and Half) marks each
and students has to attempt any FOUR questions.
3. SECTION-C contains THREE questions carrying FIVE marks each and students
have to attempt any TWO questions.
SECTION-A
1. Fill in the Blanks with the word debited or credited :
a. Capital account is always?????when the proprietor contributes into the
business.
b. Bad debts are written off by?????bad debts account and crediting sundry
debtors account.
c. Machinery account will be?????when machinery is sold by the business.
d. All expenses/losses are?????as per double entry system.
e. Furniture account is?????when the business sells furniture.
Fill in the Blanks with an appropriate word :
f. Cash is a?????asset. (Fixed/ Current)
g. Purchases Book always shows?????balance. (Debit/ Credit)
h. In every transaction, at least?????parties are involved.
i. ?????Book maintains cash balance under imprest system.
j. Capital account is a?????account.
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1 | M-14503 (S5)-232
Roll No. Total No. of Pages : 02
Total No. of Questions : 09
BHMCT (Sem.?1)
ACCOUNTS?I
Subject Code : BH-105
M.Code : 14503
Time : 3 Hrs. Max. Marks : 30
INSTRUCTIONS TO CANDIDATES :
1. SECTION-A is COMPULSORY consisting of TEN questions carrying ONE mark
each.
2. SECTION-B contains FIVE questions carrying 2
1
/
2
(Two and Half) marks each
and students has to attempt any FOUR questions.
3. SECTION-C contains THREE questions carrying FIVE marks each and students
have to attempt any TWO questions.
SECTION-A
1. Fill in the Blanks with the word debited or credited :
a. Capital account is always?????when the proprietor contributes into the
business.
b. Bad debts are written off by?????bad debts account and crediting sundry
debtors account.
c. Machinery account will be?????when machinery is sold by the business.
d. All expenses/losses are?????as per double entry system.
e. Furniture account is?????when the business sells furniture.
Fill in the Blanks with an appropriate word :
f. Cash is a?????asset. (Fixed/ Current)
g. Purchases Book always shows?????balance. (Debit/ Credit)
h. In every transaction, at least?????parties are involved.
i. ?????Book maintains cash balance under imprest system.
j. Capital account is a?????account.
2 | M-14503 (S5)-232
SECTION-B
2. Explain two accounting concepts of your choice.
3. Why is Journal sub-divided? Briefly explain various types of subsidiary books.
4. Discuss prominent characteristics of Journal and Ledger.
5. What is a contra entry and how is it passed?
6. Discuss opening entry.
SECTION-C
7. What is ?Double Entry System?? Discuss the important rules with appropriate examples.
8. Enter the following in a Triple Column Cash Book :
2017 Rs
Jan-01 Cash in hand 15000
Jan-01 Cash at bank 57000
Jan-05 Sold goods 19000
Jan-09 Paid by cheque for direct purchases 13400
Jan-17 Paid cash wages 1200
Jan-26 Received cheque from Avinash 10000
Jan-28 Deposited the above cheque in Bank
Jan-29 Paid advance rent 30000
9. Enter the following transactions in the Journal and the Ledger :
a. Raj started business with Rs 350,000.
b. Opened Bank account with Rs 200,000
c. Purchased Machinery Rs. 100,000 and paid Rs. 30,000 on installation of the
machinery.
d. Purchased goods worth Rs. 50,000 from Ramesh.
e. Sold goods for Rs. 20,000 on cash.
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 30 March 2020