Download PTU (I.K. Gujral Punjab Technical University Jalandhar (IKGPTU) BHMCT 2020 March (Bachelor of Hotel Management and Catering Technology) 2nd Sem 14518 Accounts II Previous Question Paper
Roll No. Total No. of Pages : 02
Total No. of Questions : 09
BHMCT (Sem.?2)
ACCOUNTS ? II
Subject Code : BH-106
M.Code : 14518
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 have 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 an appropriate word/True/False :
a) The closing balance of Machinery account will be shown on ????.. side of Trial
Balance.
b) Bad debts are adjusted by ????.. from the Sundry Debtors account in the
Balance sheet at year end.
c) ????.. expenses are shown on the asset side of the Balance sheet at the end of the
year.
d) Depreciation is the reduction in the value of a ????.. asset and is treated as a
????.. of the business.
e) Payment of Life insurance premium of the proprietor by the business is treated as
?????. in the business.
f) All expenses are shown on the credit side of the Trading account.
g) Balance Sheet is made in an account form.
h) Drawings account is added to Capital account in the Balance Sheet.
i) Assets are things of value owned by an equity.
j) Preliminary expenses are treated as Deferred Revenue expenditure of the business.
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1 | M-14518 (S5)-1907
Roll No. Total No. of Pages : 02
Total No. of Questions : 09
BHMCT (Sem.?2)
ACCOUNTS ? II
Subject Code : BH-106
M.Code : 14518
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 have 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 an appropriate word/True/False :
a) The closing balance of Machinery account will be shown on ????.. side of Trial
Balance.
b) Bad debts are adjusted by ????.. from the Sundry Debtors account in the
Balance sheet at year end.
c) ????.. expenses are shown on the asset side of the Balance sheet at the end of the
year.
d) Depreciation is the reduction in the value of a ????.. asset and is treated as a
????.. of the business.
e) Payment of Life insurance premium of the proprietor by the business is treated as
?????. in the business.
f) All expenses are shown on the credit side of the Trading account.
g) Balance Sheet is made in an account form.
h) Drawings account is added to Capital account in the Balance Sheet.
i) Assets are things of value owned by an equity.
j) Preliminary expenses are treated as Deferred Revenue expenditure of the business.
2 | M-14518 (S5)-1907
SECTION-B
2. How and Why are Final accounts prepared?
3. Explain Direct and Indirect expenses and there treatment while preparing final accounts.
4. Differentiate between Revenue Expenditure and Capital expenditure, clearly bringing out
there treatment while preparing Final accounts.
5. Distinguish between Trial Balance and Balance Sheet.
6. Define the following terms :
Asset, Liability, Expenses, and Incomes.
SECTION-C
7. What is Bank Reconciliation Statement? State the reasons of disagreement between the
cash book bank balance and the pass book bank balance.
8. Is trial balance a conclusive proof of the accuracy of the books of accounts? What are the
errors not disclosed by the trial balance.
9. On 31
st
March 2017, the following trial balance was extracted from the books of M/s
Ruperder& Sons. Prepare the Income Statement and Balance Sheet.
.
Adjustments :
a. Closing Stock Rs 25000.
b. Rent prepaid amounted to Rs 5000.
c. Depreciate Plant and Machinery @ 5 %
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.
Debit Balance
Amount
Credit Balance
Amount
Opening Stock 20,000/- Sales 500,000/-
Purchases 70,000/- Purchases Returns 10,000/-
Sales Return 2000/- Discount Received 3000/-
Carriage Inward 1000/- Interest Received 7000/-
Freight 5000/- . Capital 200,000/-
Wages and Salaries 25000/- Creditors 30,000/-
Advertisement 20,000/- Bills Payable 20,000/-
Printing and Stationery 10000/-
Rent
67000/-
Power and Fuel
20,000/-
Plant and Machinery 380,000/-
Furniture and Fixtures 50,000/-
Debtors 75000/-
Cash
25000/-
770,000/-
770,000/-
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This post was last modified on 30 March 2020