Download PTU ( I.K.Gujral Punjab Technical University (IKGPTU)) The Bachelor of Business Administration (BBA) 2020 December 2nd Sem 10547 Corporate Accounting Previous Question Paper
Roll No.
Total No. of Pages : 02
Total No. of Questions : 18
BBA (2014 to 2017) / BRDM / B.SIM (2014 & Onwards)
(Sem.?2)
CORPORATE ACCOUNTING
Subject Code : BBA-204
M.Code : 10547
Time : 3 Hrs. Max. Marks : 60
INST RUCT IONS T O CANDIDAT ES :
1 .
SECT ION-A is COMPULSORY cons is ting of TEN questions carrying TWO marks
each.
2 .
SECT ION-B cons ists of F OUR Sub-sec tions : Un its-I, II, III & IV.
3 .
Eac h Sub-section contains TWO questions each , carry in g T EN ma rks e ach .
4 .
Students have to atte mpt an y ONE ques tion from each Sub-section.
SECTION-A
Write briefly :
1)
Preference Shares.
2)
Preliminary Expenses.
3)
Redemption of Debenture.
4)
Managerial Remuneration.
5)
Difference between Provisions and Reserves.
6)
Bonus Shares.
7)
Internal Reconstruction.
8)
Discuss any two methods for calculating Goodwill.
9)
Accounting Software.
10) Mutual Funds.
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SECTION-B
UNIT-I
11) Explain the meaning, usage and accounting treatments for right issue of shares?
12) The authorized capital of a limited company is Rs. 2,00,000 divided in to 20,000 equity
shares of Rs. 10 each. Out of these, 15,000 shares have been issued to the public, payable
Rs. 2 on application, Rs. 4 on allotment, Rs. 2 on first call and Rs. 2 on second and final
call. Pass necessary journal entries and prepare Balance sheet. All amounts have been
duly received.
UNIT-II
13) For the year ended 31st December, 2012. The balance of P&L A/c of Xerox Limited
before charging depreciation amounted to Rs. 2,00,000. Depreciation provided during the
year Rs. 40,000. The paid up capital of the company consisted of 5,000 6% preference
shares of Rs. 100 each and 60,000 Equity shares of Rs. 10 each. Interim dividend on
Equity Shares is at 7.5%. A Credit balance of profit of Rs. 35,000 brought forward from
previous year. The following appropriations were made :
a) To pay the dividend on preference shares.
b) Final dividend of 5% to be paid to Equity Shareholders.
c) Provision for tax Rs. 26,000.
d) Transfer minimum amount to General Reserve.
e) Corporate Dividend Tax 16.2225.
14) What are the different types of Dividend? What are the conditions to be satisfied before
declaring dividend? Explain the accounting treatment of dividend.
UNIT-III
15) What are the objectives of Amalgamation? Discuss in detail the key differences between
Amalgamation, Absorption and Reconstruction.
16) Explain the various purchase considerations methods. Discuss various accounting
treatment in the books of the transferor and transferee company.
UNIT-IV
17) Write the features of financial reporting in the case of Merchant Bankers.
18) What are the benefits of computerized accounting? Explain its role in bringing
transparency and accuracy in accounting records.
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 15 February 2021