Download PTU HMCT-B.Sc 2020 March 5th Sem 70458 Hotel Accountancy Question Paper

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Roll No. [ T[] | [ 1] Total No. of Pages : 03
Total No. of Questions : 09

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INSTRUCTIONS TO CANDIDATES :

1. SECTION-A is COMPULSORY consisting of TEN questions carrying TWO marks each.
2. SECTION-B contains FIVE questions carrying FIVE marks each and students have to attempt any FOUR questions.
3. SECTION-C contains THREE questions carrying TEN marks each and students have to attempt any TWO questions.

SECTION-A

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1. Write short notes on :
   1. Internal control
   2. Departmental accounting
   3. Current assets
   4. Statutory audit
   5. Outstanding expenses

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   6. Profit and loss account
   7. Liabilities
   8. Uniform system of accounting
   9. Write two limitations of trial balance.
   10. Write two disadvantages of allocation.

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2. Explain the advantages of Trial balance.
3. What are the various steps to review the internal audit in an organisation?

SECTION-B

4. Show the treatment of prepaid rent and depreciation in profit and loss account and balance Sheet

   INFORMATION:

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   Particulars	Rupees (amt)
   Rent	7,000
   Machinery	20,000

   Prepaid rent : 400
   Depreciation @ 10.25% on machinery

5. Write short notes on :
   1. Capital
   2. Tangible assets

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   3. Reserves
   4. Bad debts
   5. Drawings
6. From the following information you are required to prepare an income statement of rooms :

   Room sales	2,50,000	Contract service	12,000
   Payroll and related expenses	36,000	Laundry and dry cleaning	6,000
   Commission paid	15,000	Operating services	3,500
   Guest transportation	10,000	Training	9,000
   Travel agent commission	3,000
   Telecommunication	9,000
   Staff uniform	2,000
   Rooms allowances	96,000
   Cable and television	21,000

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SECTION-C

7. What do you mean by uniform system of Accounting? Explain advantages of uniform system of accounting.
8. What do you mean by audit? Differentiate between internal audit and External audit.
9. From the following balances extracted from the books of Nimitz on 31% December, 2017, prepare Trading and Profit and loss Account and Balance Sheet :

   TRIAL BALANCE

   Opening stock	9,600	Repairs to plant	160
   Wages and salaries	3,200	Cash in hand	200
   Commission on purchases	200	Debtors	4,000
   Freight	300	Income tax	550
   Purchases less return	11,850	Drawings	650
   Sales less return	24,900	Capital	5,000
   Trade expenses	20	Bills payable	500
   Bills receivable	600	Loan	900
   Rent	200	Discount on purchases	400
   Plant	2,000	Creditors	2,330
   Bad debts	500

   Information : Stock at the end was Rs 3,500

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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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