Download PTU MCA 2020 March 1st Sem 72710 Accounting And Financial Management Question Paper

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Roll No. HEEEEEEEEER Total No. of Pages : 02
Total No. of Questions : 09
MCA (2015 to 2018) (Sem.-1)
ACCOUNTING & FINANCIAL MANAGEMENT
Subject Code : MCA-104

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M.Code : 72710
Time : 3 Hrs. Max. Marks : 60
INSTRUCTIONS TO CANDIDATES :
1. SECTIONS-A, B, C & D contains TWO questions each carrying TEN marks each and students have to attempt any ONE question from each SECTION.
2. SECTION-E is COMPULSORY consisting of TEN questions carrying TWENTY marks in all.

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SECTION-A
1. What is Accounting? Explain its Principles, Concepts and conventions of Accounting.
Write a brief note on double entry system of Accounting.
2. Redraft the incorrect trial balance :

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Name of Account Debit Credit
Capital 30,000
Furniture 3000
Deposit with bank 22,500
Interest Received 1,125

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Miscellaneous Receipts 2,250
Sundry Creditors 3,750
Sundry Debtors 10,500
Discount Allowed 750
Discount Received 600

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Purchases 90,000
Sales 1,20,000
Return inwards 1,500
Return outwards 2,250
Carriage inwards 2,250

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Carriage outwards 1,500
Salaries 4,500
Wages 3,000
Miscellaneous Exp 3,000
Cash in hand 375

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Opening stock 17,100
Closing stock 8,550
1,64,250 1,64,250

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SECTION-B
Bring out the difference between cash flow statement and a fund flow statement.

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What is financial Management? Discuss in Brief scope, nature, role and advantages of financial management.
SECTION-C
What is Marginal costing? Discuss its nature, scope and importance.
What are standard costing? Explain the nature, importance and variances of standard casting.
SECTION-D

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Discuss the advantages of computerised Accounting.
What are the sub modules of computerised accounting system?
SECTION-E
Write short note on :
a) What is ratio analysis?

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b) Budgetary Control
c) Profit and loss A/C
d) What is operating activities?
e) Features of trial balance
f) Define Capital Expenditure. Given examples.

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g) Difference between Fixed assets and current assets.
h) Money measurement concept
i) Sole proprietary concern
j) Computer program for accounting
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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