AL Umar

AL-UMAR PROFESSORS ACADEMY
Campus 1: Near Gourmet Ismail Nagar Main Bazar General Hospital. Ph: 042- !"1!1!!-# Campus 2: $pp. Main Gate General Hospital %ahore. Ph: 042- !"1!1!& Campus : Ghazi 'oa( Bus )top Near Gourmet. Ph: 042- !"1!1!"-* Campus 4: +,-HN- C-MP.)/ -ahloo 'oa( Bus )top ,ahna Nau. 042- !2&1! &- *
Paper: Business Communication & Report "ota# Mar$s:%& Note: Solve any two questions. )' Discuss t*e process an+ e#ements o, t*e communication). /*at is t*e meant 01 non-2er0a# communication an+ its ,our 2arious ,orms)3 /*at are 2arious 0arriers to communicationB com !! "ime: ':'& (ours

Paper: Business Communication & Report "ota# Mar$s:%& Note: Solve any two questions. )' Discuss t*e process an+ e#ements o, t*e communication). /*at is t*e meant 01 non-2er0a# communication an+ its ,our 2arious ,orms)3 /*at are 2arious 0arriers to communicationB com !! "ime: ':'& (ours

Paper: Business Communication & Report "ota# Mar$s:%& Note: Solve any two questions. )' Discuss t*e process an+ e#ements o, t*e communication). /*at is t*e meant 01 non-2er0a# communication an+ its ,our 2arious ,orms)3 /*at are 2arious 0arriers to communication44444444444444444444444444444444444444444444444444444444444444444444444444444444444 B com !! "ime: ':'& (ours

Campus 1: Near Gourmet Ismail Nagar Main Bazar General Hospital. Ph: 042- !"1!1!!-#
Campus 2: $pp. Main Gate General Hospital %ahore. Ph: 042- !"1!1!& Campus : Ghazi 'oa( Bus )top Near Gourmet. Ph: 042- !"1!1!"-* Campus 4: +,-HN- C-MP.)/ -ahloo 'oa( Bus )top ,ahna Nau. 042- !2&1! &- *
Paper: Business Communication & Report "ota# Mar$s: Note: Solve all questions. )' /*at are +i,,erent steps o, sta5es o, preparin5 an e,,ecti2e 0usiness messa5e). /*at point s*ou#+ 0e $ept in min+ 6*i#e 5i2in5 in ora# presentation)3 De,ine t*e #istenin5 an+ t*e resu#t o, #istenin5 (o6 to ma$e 1ou #istenin5 e,,ecti2eE#a0orate t*e ,au#ts o, #istenin5)% A 5oo+ speec* is sai+ to 0e consiste+ o, t*ree parts E#a0orate)7 Direct approac* is use+ to con2e1 a 5oo+ ne6s messa5e Discuss44444444444444444444444444444444444444444444444444444444444444444444444444444444444 B com !! "ime: ':'& (ours

Paper: Business Communication & Report "ota# Mar$s: Note: Solve all questions. )' /*at are +i,,erent steps o, sta5es o, preparin5 an e,,ecti2e 0usiness messa5e). /*at point s*ou#+ 0e $ept in min+ 6*i#e 5i2in5 in ora# presentation)3 De,ine t*e #istenin5 an+ t*e resu#t o, #istenin5 (o6 to ma$e 1ou #istenin5 e,,ecti2eE#a0orate t*e ,au#ts o, #istenin5)% A 5oo+ speec* is sai+ to 0e consiste+ o, t*ree parts E#a0orate)7 Direct approac* is use+ to con2e1 a 5oo+ ne6s messa5e Discuss44444444444444444444444444444444444444444444444444444444444444444444444444444444444 B com !! "ime: ':'& (ours

Paper: Business Communication & Report "ota# Mar$s: Note: Solve all questions. )' /*at are +i,,erent steps o, sta5es o, preparin5 an e,,ecti2e 0usiness messa5e). /*at point s*ou#+ 0e $ept in min+ 6*i#e 5i2in5 in ora# presentation)3 De,ine t*e #istenin5 an+ t*e resu#t o, #istenin5 (o6 to ma$e 1ou #istenin5 e,,ecti2eE#a0orate t*e ,au#ts o, #istenin5)% A 5oo+ speec* is sai+ to 0e consiste+ o, t*ree parts E#a0orate)7 Direct approac* is use+ to con2e1 a 5oo+ ne6s messa5e DiscussB com !! "ime: ':'& (ours
Paper: Business Communication & Report "ota# Mar$s: Note: Solve all questions. )' !n+irect approac* is use+ to co2e1 a 0a+ messa5e Discuss). E8p#ain Persuasi2e approac* an+ 6*at is t*e meant 01 9A!DA:)3 E#a0orate t*e se2en princip#es o, e,,ecti2e communication)% E8p#ain t*e essentia# parts o, a 0usiness #etter44444444444444444444444444444444444444444444444444444444444444444444444444444444444 B com !! "ime: ':'& (ours



Campus 1: Near Gourmet Ismail Nagar Main Bazar General Hospital. Ph: 042- !"1!1!!-# Campus 2: $pp. Main Gate General Hospital %ahore. Ph: 042- !"1!1!& Campus : Ghazi 'oa( Bus )top Near Gourmet. Ph: 042- !"1!1!"-*
Campus 4: +,-HN- C-MP.)/ -ahloo 'oa( Bus )top ,ahna Nau. 042- !2&1! &- *
Paper: Business Communication & Report "ota# Mar$s: Note: Solve all questions. )' Discuss t*e non-essentia# parts o, a 0usiness #etters). /*at is t*e meant 01 in;uir1 #etter- Rep#1 #etter- <i2e e8amp#es o, 0ot* o, t*em )3 De,ine or+er #etter an+ t*e re,usa# #etter a#on5 6it* specimens)% De,ine comp#aint #etter /*at point s*ou#+ 0e $ept in min+ 6*i#e 6ritin5 t*e comp#aint #etter)7 De,ine a+=ustment #etter /*at point s*ou#+ 0e $ept in min+ 6*i#e 6ritin5 t*e A+=ustment #etter44444444444444444444444444444444444444444444444444444444444444444444444444444444444 B com !! "ime: ':'& (ours

Paper: Business Communication & Report "ota# Mar$s: Note: Solve all questions. )' Discuss t*e non-essentia# parts o, a 0usiness #etters). /*at is t*e meant 01 in;uir1 #etter- Rep#1 #etter- <i2e e8amp#es o, 0ot* o, t*em )3 De,ine or+er #etter an+ t*e re,usa# #etter a#on5 6it* specimens)% De,ine comp#aint #etter /*at point s*ou#+ 0e $ept in min+ 6*i#e 6ritin5 t*e comp#aint #etter)7 De,ine a+=ustment #etter /*at point s*ou#+ 0e $ept in min+ 6*i#e 6ritin5 t*e A+=ustment #etter44444444444444444444444444444444444444444444444444444444444444444444444444444444444 B com !! "ime: ':'& (ours

Paper: Business Communication & Report "ota# Mar$s: Note: Solve all questions. )' Discuss t*e non-essentia# parts o, a 0usiness #etters). /*at is t*e meant 01 in;uir1 #etter- Rep#1 #etter- <i2e e8amp#es o, 0ot* o, t*em )3 De,ine or+er #etter an+ t*e re,usa# #etter a#on5 6it* specimens)% De,ine comp#aint #etter /*at point s*ou#+ 0e $ept in min+ 6*i#e 6ritin5 t*e comp#aint #etter)7 De,ine a+=ustment #etter /*at point s*ou#+ 0e $ept in min+ 6*i#e 6ritin5 t*e A+=ustment #etterB com !! "ime: ':'& (ours
Paper: Business Communication & Report "ota# Mar$s: Note: Solve all questions. )' /*at is t*e meant 01 co##ection #etter E8p#ain its t*ree ,o#+ purpose an+ a#so e8p#ain t*e steps o, co##ection #etter). /*at is a sa#es #etter- E8p#ain its ,unctions an+ a#so 5i2e t*e e8amp#es)3 De,ine sa#es promotion #etter Di,,erentiate 0et6een sa#es an+ sa#es promotion #etter)% /*at is a =o0 app#ication #etter- Discuss its components an+ a#so 5i2e t*e e8amp#es44444444444444444444444444444444444444444444444444444444444444444444444444444444444 B com !! "ime: ':'& (ours

Paper: Business Communication & Report "ota# Mar$s: Note: Solve all questions. )' /*at is t*e meant 01 co##ection #etter E8p#ain its t*ree ,o#+ purpose an+ a#so e8p#ain t*e steps o, co##ection #etter). /*at is a sa#es #etter- E8p#ain its ,unctions an+ a#so 5i2e t*e e8amp#es)3 De,ine sa#es promotion #etter Di,,erentiate 0et6een sa#es an+ sa#es promotion #etter)% /*at is a =o0 app#ication #etter- Discuss its components an+ a#so 5i2e t*e e8amp#es44444444444444444444444444444444444444444444444444444444444444444444444444444444444 B com !! "ime: ':'& (ours

Paper: Business Communication & Report "ota# Mar$s: Note: Solve all questions. )' /*at is t*e meant 01 co##ection #etter E8p#ain its t*ree ,o#+ purpose an+ a#so e8p#ain t*e steps o, co##ection #etter). /*at is a sa#es #etter- E8p#ain its ,unctions an+ a#so 5i2e t*e e8amp#es)3 De,ine sa#es promotion #etter Di,,erentiate 0et6een sa#es an+ sa#es promotion #etter)% /*at is a =o0 app#ication #etter- Discuss its components an+ a#so 5i2e t*e e8amp#esB com !! "ime: ':'& (ours
Paper: Business Communication & Report "ota# Mar$s: Note: Solve all questions. )' De,ine cre+it #etter Discuss its 2arious $in+s). (o6 6i## 1ou +e,ine 0usiness report- /*at are t*e essentia#s o, a 5oo+ 0usiness report)3 /*at is mar$et report- <i2e t*e a+2anta5es an+ importance o, mar$et report)% Discuss +i,,erent mar$et terms 0rie,#144444444444444444444444444444444444444444444444444444444444444444444444444444444444 B com !! "ime: ':'& (ours



Paper: Au+itin5 "ota# Mar$s: Note: Solve all questions. )' /*at is O0=ect o, Au+it). De,ine a+2anta5es an+ +isa+2anta5es o, Au+itin5)3 De,ine a+2anta5es an+ +isa+2anta5es o, )ua#ities o, Au+itor)% /*at is t*e +i,,erence 0et6een Au+itin5 an+ Accountin544444444444444444444444444444444444444444444444444444444444444444444444444444444444 B com !! "ime: ':'& (ours



Paper: Au+itin5 B com !!
"ota# Mar$s: Note: Solve all questions.
"ime: ':'& (ours
)' De,ine >ouc*in5 an+ 6*at are t*e tec*ni;ues o, 2ouc*in5). /*at is continuous au+it an+ 6*at are a+2anta5es an+ +isa+2anta5es o, continuous au+itin5)3 /*at is !nterim Au+it an+ 6*at are a+2anta5es an+ +isa+2anta5es o, !nterim Au+it)% /*at is Fina# Au+it an+ 6*at are a+2anta5es an+ +isa+2anta5es o, Fina# Au+itin544444444444444444444444444444444444444444444444444444444444444444444444444444444444

Paper: Au+itin5 "ota# Mar$s: Note: Solve all questions. )' De,ine >ouc*in5 an+ 6*at are t*e tec*ni;ues o, 2ouc*in5). /*at is continuous au+it an+ 6*at are a+2anta5es an+ +isa+2anta5es o, continuous au+itin5)3 /*at is !nterim Au+it an+ 6*at are a+2anta5es an+ +isa+2anta5es o, !nterim Au+it)% /*at is Fina# Au+it an+ 6*at are a+2anta5es an+ +isa+2anta5es o, Fina# Au+itin544444444444444444444444444444444444444444444444444444444444444444444444444444444444 B com !! "ime: ':'& (ours

Paper: Au+itin5 "ota# Mar$s: Note: Solve all questions. )' De,ine >ouc*in5 an+ 6*at are t*e tec*ni;ues o, 2ouc*in5). /*at is continuous au+it an+ 6*at are a+2anta5es an+ +isa+2anta5es o, continuous au+itin5)3 /*at is !nterim Au+it an+ 6*at are a+2anta5es an+ +isa+2anta5es o, !nterim Au+it)% /*at is Fina# Au+it an+ 6*at are a+2anta5es an+ +isa+2anta5es o, Fina# Au+itin544444444444444444444444444444444444444444444444444444444444444444444444444444444444 B com !! "ime: ':'& (ours

Paper: Au+itin5 B com !!
"ime: ':'& (ours
)' /*at is Au+it Pro5ram an+ 6*at are its O0=ecti2es). /*at is t*e proce+ure to appoint an Au+itor)3 /*at are t*e ri5*ts o, Au+itor)% /*at are t*e +uties o, Au+itor44444444444444444444444444444444444444444444444444444444444444444444444444444444444

Paper: Au+itin5 "ota# Mar$s: Note: Solve all questions. )' /*at is Au+it Pro5ram an+ 6*at are its O0=ecti2es). /*at is t*e proce+ure to appoint an Au+itor)3 /*at are t*e ri5*ts o, Au+itor)% /*at are t*e +uties o, Au+itor44444444444444444444444444444444444444444444444444444444444444444444444444444444444 B com !! "ime: ':'& (ours

Paper: Au+itin5 "ota# Mar$s: Note: Solve all questions. )' /*at is Au+it Pro5ram an+ 6*at are its O0=ecti2es). /*at is t*e proce+ure to appoint an Au+itor)3 /*at are t*e ri5*ts o, Au+itor)% /*at are t*e +uties o, Au+itor44444444444444444444444444444444444444444444444444444444444444444444444444444444444 B com !! "ime: ':'& (ours

Paper: Au+itin5 "ota# Mar$s: Note: Solve all questions. B com !! "ime: ':'& (ours
)' /*at are t*e #ia0i#ities o, an Au+itor ,or t*e ,o##o6in5'- Frau+ .- Li0e# ). /rite +o6n t*e specia# points ,or t*e Au+it o, ,o##o6in5'- Ban$ .- !nsurance Compan1 44444444444444444444444444444444444444444444444444444444444444444444444444444444444

Paper: Au+itin5 "ota# Mar$s: Note: Solve all questions. )' /*at are t*e #ia0i#ities o, an Au+itor ,or t*e ,o##o6in5.- Frau+ .- Li0e# ). /rite +o6n t*e specia# points ,or t*e Au+it o, ,o##o6in5.- Ban$ .- !nsurance Compan1 44444444444444444444444444444444444444444444444444444444444444444444444444444444444 B com !! "ime: ':'& (ours

Paper: Au+itin5 "ota# Mar$s: Note: Solve all questions. )' /*at are t*e #ia0i#ities o, an Au+itor ,or t*e ,o##o6in53- Frau+ .- Li0e# ). /rite +o6n t*e specia# points ,or t*e Au+it o, ,o##o6in53- Ban$ .- !nsurance Compan1 44444444444444444444444444444444444444444444444444444444444444444444444444444444444 B com !! "ime: ':'& (ours

Paper: Au+itin5 "ota# Mar$s: Note: Solve all questions. )' /*at is Statutor1 Report an+ 6*at are its O0=ecti2es). /*at is )ua#i,ie+ Report an+ 6*at are its contentsB com !! "ime: ':'& (ours
)3 /*at is Prospectus Report an+ 6*at are its contents)% De,ine !nterna# Contro#- Sa5est a suita0#e interna# contro# s1stem ,or a ,irm44444444444444444444444444444444444444444444444444444444444444444444444444444444444

Paper: Au+itin5 "ota# Mar$s: Note: Solve all questions. )' /*at is Statutor1 Report an+ 6*at are its O0=ecti2es). /*at is )ua#i,ie+ Report an+ 6*at are its contents)3 /*at is Prospectus Report an+ 6*at are its contents)% De,ine !nterna# Contro#- Sa5est a suita0#e interna# contro# s1stem ,or a ,irm44444444444444444444444444444444444444444444444444444444444444444444444444444444444 B com !! "ime: ':'& (ours

Paper: Au+itin5 "ota# Mar$s: Note: Solve all questions. )' /*at is Statutor1 Report an+ 6*at are its O0=ecti2es). /*at is )ua#i,ie+ Report an+ 6*at are its contents)3 /*at is Prospectus Report an+ 6*at are its contents)% De,ine !nterna# Contro#- Sa5est a suita0#e interna# contro# s1stem ,or a ,irm44444444444444444444444444444444444444444444444444444444444444444444444444444444444 B com !! "ime: ':'& (ours

Paper: Economics o, Pa$istan "ota# Mar$s: Note: Solve all questions. )' /*at is +i,,erence 0et6een economic +e2e#opment an+ 5ro6t*). /*at are c*aracteristics o, +e2e#opin5 countries)3 De,ine 2icious circ#e o, po2ert1- (o6 6e can remo2e it44444444444444444444444444444444444444444444444444444444444444444444444444444444444 B com !! "ime: ':'& (ours



Paper: Economics o, Pa$istan "ota# Mar$s: Note: Solve all questions. )' /*at are t*e Per-re;uisites o, economics +e2e#opment). /*at is t*e Capita# ,ormation o, (uman capita#44444444444444444444444444444444444444444444444444444444444444444444444444444444444 B com !! "ime: ':'& (ours



Paper: Economics o, Pa$istan "ota# Mar$s: Note: Solve all questions. )' /*at is Farm Mec*ani?ation 5i2e ar5uments in ,a2our an+ a5ainst it). /*at is A5ricu#tura# Price Po#ic1@ 6*at are its o0=ecti2es44444444444444444444444444444444444444444444444444444444444444444444444444444444444 B com !! "ime: ':'& (ours



Paper: Economics o, Pa$istan "ota# Mar$s: Note: Solve all questions. )' /*at is A5ricu#tura# Cre+it- (o6 ,ar it is t*e important ,or a5ricu#tures). /*at is t*e importance an+ pro0#ems o, in+ustria# sector o, Pa$istan44444444444444444444444444444444444444444444444444444444444444444444444444444444444 B com !! "ime: ':'& (ours



Paper: Economics o, Pa$istan "ota# Mar$s: Note: Solve all questions. )' /*at is 0a#ance o, "ra+e an+ 0a#ance o, pa1ment an+ 6*at are causes o, a+2erse BOP). /*at is Forei5n "ra+e- /*at is importance o, Forei5n "ra+e ,or economic +e2e#opment o, Pa$istan44444444444444444444444444444444444444444444444444444444444444444444444444444444444 B com !! "ime: ':'& (ours



Paper: Economics o, Pa$istan "ota# Mar$s: Note: Solve all questions. )' /*at is Pri2ati?ation- /*at are its merits an+ +emerits). /*at is importance an+ pro0#ems o, Rai#6a1 Pa$istan44444444444444444444444444444444444444444444444444444444444444444444444444444444444 B com !! "ime: ':'& (ours

Paper: Economics o, Pa$istan "ota# Mar$s: Note: Solve all questions.
B com !! "ime: ':'& (ours
)' /*at is Pri2ati?ation- /*at are its merits an+ +emerits). /*at is importance an+ pro0#ems o, Rai#6a1 Pa$istan44444444444444444444444444444444444444444444444444444444444444444444444444444444444

Paper: Economics o, Pa$istan "ota# Mar$s: Note: Solve all questions. )' /*at is Pri2ati?ation- /*at are its merits an+ +emerits). /*at is importance an+ pro0#ems o, Rai#6a1 Pa$istan44444444444444444444444444444444444444444444444444444444444444444444444444444444444 B com !! "ime: ':'& (ours

Paper: Economics o, Pa$istan "ota# Mar$s: Note: Solve all questions. )' De,ine Unemp#o1ment- /*at are causes o, unemp#o1ment in Pa$istan). /*at is La0our Unrest- /*at are t*e pro0#ems to t*e #a0our o, Pa$istan44444444444444444444444444444444444444444444444444444444444444444444444444444444444 B com !! "ime: ':'& (ours

Paper: Economics o, Pa$istan B com !!
"ime: ':'& (ours
)' De,ine Unemp#o1ment- /*at are causes o, unemp#o1ment in Pa$istan). /*at is La0our Unrest- /*at are t*e pro0#ems to t*e #a0our o, Pa$istan44444444444444444444444444444444444444444444444444444444444444444444444444444444444

Paper: Economics o, Pa$istan "ota# Mar$s: Note: Solve all questions. )' De,ine Unemp#o1ment- /*at are causes o, unemp#o1ment in Pa$istan). /*at is La0our Unrest- /*at are t*e pro0#ems to t*e #a0our o, Pa$istan44444444444444444444444444444444444444444444444444444444444444444444444444444444444 B com !! "ime: ':'& (ours

Paper: Business La6 "ota# Mar$s: Note: Solve all questions. )' De,ine Contract- /*at are essentia#s o, 2a#i+ contract). De,ine o,,er- /*at are essentia#s o, 2a#i+ o,,er44444444444444444444444444444444444444444444444444444444444444444444444444444444444 B com !! "ime: ':'& (ours

Paper: Business La6 "ota# Mar$s: Note: Solve all questions. B com !! "ime: ':'& (ours
)' De,ine Contract- /*at are essentia#s o, 2a#i+ contract). De,ine o,,er- /*at are essentia#s o, 2a#i+ o,,er44444444444444444444444444444444444444444444444444444444444444444444444444444444444

Paper: Business La6 "ota# Mar$s: Note: Solve all questions. )' De,ine Contract- /*at are essentia#s o, 2a#i+ contract). De,ine o,,er- /*at are essentia#s o, 2a#i+ o,,er44444444444444444444444444444444444444444444444444444444444444444444444444444444444 B com !! "ime: ':'& (ours

Paper: Business La6 "ota# Mar$s: Note: Solve all questions. )' De,ine consi+eration- /*at are essentia#s o, 2a#i+ consi+eration). Ao consi+eration@ Ao contract E8p#ain)3 /*at is position o, minors a5reement@ e8p#ain44444444444444444444444444444444444444444444444444444444444444444444444444444444444 B com !! "ime: ':'& (ours

Paper: Business La6 "ota# Mar$s: Note: Solve all questions. )' De,ine consi+eration- /*at are essentia#s o, 2a#i+ consi+erationB com !! "ime: ':'& (ours
). Ao consi+eration@ Ao contract E8p#ain)3 /*at is position o, minors a5reement@ e8p#ain44444444444444444444444444444444444444444444444444444444444444444444444444444444444

Paper: Business La6 "ota# Mar$s: Note: Solve all questions. )' De,ine consi+eration- /*at are essentia#s o, 2a#i+ consi+eration). Ao consi+eration@ Ao contract E8p#ain)3 /*at is position o, minors a5reement@ e8p#ain44444444444444444444444444444444444444444444444444444444444444444444444444444444444 B com !! "ime: ':'& (ours

Paper: Business La6 "ota# Mar$s: Note: Solve all questions. )' De,ine ;uasi contract a#so e8p#ain its ru#es). /*at is 0reac* o, contract- /*at are t*e reme+ies to 0reac* o, contract)3 /*at is contract o, 5uarantee an+ in+emnit1- /*at is t*e +i,,erence 0et6een to t6o44444444444444444444444444444444444444444444444444444444444444444444444444444444444 B com !! "ime: ':'& (ours

Paper: Business La6 "ota# Mar$s: Note: Solve all questions. )' De,ine ;uasi contract a#so e8p#ain its ru#es). /*at is 0reac* o, contract- /*at are t*e reme+ies to 0reac* o, contractB com !! "ime: ':'& (ours
)3 /*at is contract o, 5uarantee an+ in+emnit1- /*at is t*e +i,,erence 0et6een to t6o44444444444444444444444444444444444444444444444444444444444444444444444444444444444

Paper: Business La6 "ota# Mar$s: Note: Solve all questions. )' De,ine ;uasi contract a#so e8p#ain its ru#es). /*at is 0reac* o, contract- /*at are t*e reme+ies to 0reac* o, contract)3 /*at is contract o, 5uarantee an+ in+emnit1- /*at is t*e +i,,erence 0et6een to t6o44444444444444444444444444444444444444444444444444444444444444444444444444444444444 B com !! "ime: ':'& (ours

Paper: Business La6 "ota# Mar$s: Note: Solve all questions. )' /*at is 0ai#ment an+ p#e+5e- /*at are +uties 0ai#er an+ 0ai#ee). De,ine an+ Di,,erentiate sa#e an+ a5reement to se##44444444444444444444444444444444444444444444444444444444444444444444444444444444444 B com !! "ime: ':'& (ours



Paper: Business La6 "ota# Mar$s: Note: Solve all questions. )' De,ine unpai+ se##er- /*at are its ri5*ts). De,ine con+ition an+ 6arrant1- E8p#ain *o6 con+itions are treate+ as 6arrant1)3 De,ine an+ E8p#ain ne5otia0#e instruments an+ its ,eatures44444444444444444444444444444444444444444444444444444444444444444444444444444444444 B com !! "ime: ':'& (ours



Paper: Business La6 "ota# Mar$s: Note: Solve all questions. )' Di,,erentiate 0et6een 0i##s o, e8c*an5e an+ promissor1 note). De,ine crossin5 o, c*e;ue a#so e8p#ain its t1pes)3 /*at is common carrier e8p#ain its ri5*ts an+ +uties44444444444444444444444444444444444444444444444444444444444444444444444444444444444 B com !! "ime: ':'& (ours


Paper: Business La6 "ota# Mar$s: Note: Solve all questions. )' /*at is proce+ure ,or app#ication ,or re5istration o, tra+e union). /rite a +etai# note on Bi## o, La+in5 an+ C*arter Part1)3 /*at are +uties an+ Lia0i#ities o, Rai#6a1 a+ministration as carrier o, 5oo+s44444444444444444444444444444444444444444444444444444444444444444444444444444444444 B com !! "ime: ':'& (ours



Paper: Business "a8ation "ota# Mar$s: %& Note: Solve any two questions. )' /*at are t*e +i,,erent t1pes o, Pro2i+ent Fun+). E8p#ain t*e ,o##o6in5 6it* re,erence to !"O .&&''- Accumu#ate+ Pro,it .- Deprecia0#e Assets 3- Di2i+en+ %- Compan1 )3 /*at are t*e +i,,erent t1pes o, per;uisites an+ a##o6ances en=o1e+ 01 a sa#arie+ person44444444444444444444444444444444444444444444444444444444444444444444444444444444444 B com !! "ime: ':'& (ours


Campus 1: Near Gourmet Ismail Nagar Main Bazar General Hospital. Ph: 042- !"1!1!!-# Campus 2: $pp. Main Gate General Hospital %ahore. Ph: 042- !"1!1!&
Campus : Ghazi 'oa( Bus )top Near Gourmet. Ph: 042- !"1!1!"-* Campus 4: +,-HN- C-MP.)/ -ahloo 'oa( Bus )top ,ahna Nau. 042- !2&1! &- *

Paper: A+2ance Accountin5 "ota# Mar$s: %& Note: Solve any two questions. Q1. '.3%<i2e =ourna# entries in t*e 0oo$s o, Rias & Co an+ Amir & Co On 'st Banuar1 .&&C (ai+er & Co purc*ase+ mac*iner1 on (ire purc*ase "*e terms o, t*e contract 6ere as ,o##o6s:Cas* price o, t*e mac*ine 6as Rs %&@&&&DRs 'E@&&&D- 6ere to 0e pai+ on t*e si5nin5 o, t*e a5reement "*e 0a#ance 6as to 0e pai+ in annua# insta##ment o, Rs C@&&&D- p#us interest !nterest c*ar5ea0#e on t*e outstan+in5 0a#ance 6as '.F per annum Depreciation at '&F p a is to 0e 6ritten o, +iminis*in5 0a#ance met*o+ B com !! "ime: ':'& (ours
Required: '- Prepare re#e2ant accounts in t*e 0oo$s o, (ai+er & Co ,rom ' st Banuar1 .&&C to 3'st Decem0er .&'& .- S*o6 mac*iner1 account at its 6ritten +o6n 2a#ue in t*e 0a#ance s*eet o, t*e purc*aser as at 3'st Decem0er .&&G Q2. H Lt+ Purc*ase+ a car ,rom Y Lt+ on *ire purc*ase s1stem "*e cas* price o, t*e car is Rs %7&@&&&D- "*e mo+e o, pa1ments 6as as ,o##o6s:'- .7F o, cas* price +o6n pa1ment .- Remainin5 0a#ance in t*ree e;ua# insta##ment at t*e en+ o, 1ear p#us interest I '&F pa H Lt+ 6rites o,, t*e +epreciation at '&F on +iminis*in5 0a#ance met*o+ !t pai+ t*e +o6n pa1ment an+ 'st insta##ment at t*e en+ o, 'st 1ear@ 0ut cou#+ not pa1 t*e .n+ insta##ment at t*e en+ o, .n+ 1ear "*e *ire 2en+or too$ possession o, t*e car at t*e en+ o, .n+ 1ear
Required: S*o6 t*e necessar1 #e+5er accounts in t*e 0oo$s o, 0ot* parties Q3. Frenc* transport a5enc1 purc*ase+ t6o cars costin5 Rs .%&@&&& eac* ,rom Rain0o6 Auto Co on 'st Banuar1 .&&7 on t*e *ire purc*ase s1stem "*e terms o, pa1ment 6ere as ,o##o6s:'- Pa1ment o, Rs E&@&&& ,or eac* car on +e#i2er1 Remain+er in t*ree e;ua# insta##ments to5et*er 6it* interest I '&F p a to 0e pai+ at t*e en+ o, eac* 1ear
.- Frenc* "ransport A5enc1 6rite o,, .&F +epreciation eac* 1ear on t*e 6ritten +o6n 2a#ue met*o+ "*e Frenc* "ransport pai+ t6o insta##ments +ue on 3' st Decem0er .&&7 an+ .&&E 0ut cou#+ not pa1 t*e ,ina# insta##ment 3- Rain0o6 Auto Co repossesse+ one car a+=ustin5 its 2a#ue a5ainst t*e amount +ue "*e repossession 6as +one on t*e 0asis o, .7F +epreciation on t*e ,i8e+ insta##ment met*o+ Required: /rite up t*e #e+5er accounts in t*e 0oo$s o, 0ot* parties

Paper: A+2ance Accountin5 "ota# Mar$s: %& Note: Solve any two questions. Q1. A "ra+in5 Corporation 6as ,orme+ 6it* an aut*ori?e+ capita# o, 7&@&&& or+inar1 s*ares o, Rs '&&& eac* On 'st Banuar1 .&'&@ t*e compan1 issue+ 3&@&&& s*ares to t*e 5enera# pu0#ic an+ 7&&& s*ares issue+ to a 2en+or@ Mr As5*ar ,rom 6*om compan1 *a+ ac;uire+ mac*iner1 6ort* Rs 7&&@&&& on 'st Banuar1 .&'& App#ication 6ere recei2e+ on '& t* Banuar1 .&'& on#1 ,or .7&&& s*ares an+ conse;uent#1 7&&& s*ares 6ere ta$en up 01 t*e un+er6riters On .&t* Banuar1 .&'& s*ares 6ere a##otte+ to t*e app#icants Pass the journal entries in the books of the o!"anies and show the #alan e Sheet. Q2. Usman "ra+in5 Co presents t*e ,o##o6in5 Ba#ance S*eet as on 3' st Decem0er .&'& $iabilities Rs. %ssets Rs. Aut*ori?e+ capita# 3&&&@&&& Fi8e+ Assets: !ssue+@ su0scri0e+ & pai+ up Lan+ & Bui#+in5 G&&@&&& Capita#: P#ant & Mac*iner1 C&&@&&& '.&&& s*ares o, Rs '&& eac* '.@&&@&&& Furniture 'G&@&&& <enera# Reser2e C&&@&&& Current Assets: Pro,it & Loss .7&@&&& Stoc$ .7&@&&& Cre+itors 'J7@&&& De0tors ..&@&&& Pro2ision ,or ta8 E7@&&& Ban$ '3&@&&& 2&'()'))) 2&'()'))) "*e compan1 purc*ases ,res* mac*iner1 ,or Rs .&&@&&& ,or 6*ic* it pa1s Rs .7&&& 01 c*e;ue an+ ,or 0a#ance a##ots or+inar1 s*ares Rs '&& eac* at .7F premium "*e compan1 t*en issue+ t6o 0onus s*ares ,or e2er1 ,i2e or+inar1 s*ares *e#+ at present For t*e purpose o, amount o, 0onus@ uti#i?e t*e Pro,it & Loss account an+ 0a#ance out o, <enera# Reser2e *ou are required to "ass journal entries for the above arran+e!ents and redraft the o!"any,s #alan e sheet. "*e ,o##o6in5 are t*e e8tracts ,rom t*e +ra,t Ba#ance S*eet o, ABC Compan1 Lt+ as on 3&t* Bune .&'& %uthori-ed .a"ital Rs.
4444444444444444444444444444444 4444444444444444444444444444444
B com !! "ime: ':'& (ours
Q3.
3&@&&& or+inar1 s*ares Rs '&& eac* 3&@&&@&&& /ssued' subs ribed 0 "aid u" a"ital: .&@&&& s*ares o, Rs '&& eac* .&@&&@&&& Reser2e Fun+ '.@&&@&&& Pro,it & Loss Account J@&&@&&& "*e 0oar+ o, Directors recommen+e+: '- "o issue 0onus s*ares in t*e ratio o, one 0onus s*are ,or e2er1 ,i2e or+inar1 s*ares *e#+ .- "o issue ri5*t s*ares in t*e ratio o, one ri5*t s*are ,or e2er1 ,our or+inar1 s*ares *e#+ "*e 0onus s*ares 6i## not 0e entit#e+ ,or a0o2e ri5*t s*ares For t*e purpose o, issue o, 0onus s*ares@ t*e ,un+s 6ere to 0e pro2i+e+ out o, Pro,it & Loss Account an+ reser2e ,un+ in e;ua# proportion Required: Ma$e necessar1 =ourna# entries to 5i2e t*e e,,ect to t*e recommen+ation o, 0oar+ an+ s*o6 *p6 6ou#+ t*e1 e,,ect t*e Ba#ance S*eet

Paper: A+2ance Accountin5 "ota# Mar$s: %& Note: Solve any two questions. Fo##o6in5 are t*e e8tracts ta$en ,rom t*e ,inancia# statements o, Para+ise Paper Lt+ at t*e 1ear en+e+ 3'st Decem0er .&'& Parti ulars Rs. Parti ulars Rs. <ross sa#es E7&@&&& Lon5 term Lia0i#ities C&@&&& Sa#es return '&@&&& Cas* .'@&&& Aet pro,it 0e,ore ta8es 7&@&&& Mar$eta0#e Securities 'J@&&& !nterest e8penses '.@&&& Accounts recei2a0#e %J@&&& !ncome ta8 rate %&F !n2entor1 7&@&&& Cost o, 5oo+s so#+ %7.@&&& Aet ,i8e+ Assets .&&@&&& Operatin5 e8penses '.E@&&& Pai+ up capita# I Rs '& eac* '&&@&&& "ota# current #ia0i#ities J7@&&& Pro,it & #oss account KCr L 3&@&&& <enera# Reser2e 7&@&&& "*e compan1 *a+ issue+ '&@&&& e;uit1 s*ares on 3'-'.-.&'& Mar$et 2a#ue per s*are on 3'-'.-.&'& 6as Rs .7 .al ulate: '- Current Ratio .- Earnin5 per s*are 3- De0t-E;uit1 Ratio %- !nterest co2era5e Ratio 7- Price D Earnin5 Ratio Q2. From t*e ,o##o6in5 in,ormation ca#cu#ate ,or 0ot* companies '- <ross Pro,it Ratio .- /or$in5 capita# Ratio 3- Stoc$ turno2er Ratio %- Li;ui+ Ratio 1 $td. * $td. Sa#es .7@.&@&&& .'@%&@&&& Cost o, sa#es 'G@.&@&&& 'E@37@&&& Openin5 stoc$ 3&&@&&& .J7@&&& C#osin5 stoc$ 7&&@&&& 37&@&&& Ot*er current assets JE&@&&& E%&@&&& Ot*er ,i8e+ assets '%@%&@&&& 'E@&&@&&& Aet 6ort* '7@&&@&&& '%@&&@&&& De0t K#on5 termL G&&@&&& G7&@&&& Current #ia0i#ities E&&@&&& EE7@&&& Q1. B com !! "ime: ':'& (ours
Q3.
From t*e ,o##o6in5 Ba#ance S*eet@ 1ou are re;uire+ to ca#cu#ate: '- Current Ratio .- Li;ui+ Ratio 3- De0t-E;uit1 Ratio %- Capita# 5earin5 Ratio 7- Proprietor1 Ratio #alan e Sheet Lia0i#ities Rs Assets Rs S*are capita# 7&&@&&& Lan+ & Bui#+in5 37&@&&& <enera# Reser2e 7&@&&& P#ant & Mac*iner1 3&&@&&& Pro,it & Loss ADC 7&@&&& Furniture & Fi8ture %&@&&& EF De0entures %&&@&&& Sun+r1 De0tors .&&@&&& "ra+e cre+itors E&@&&& Stoc$ '7&@&&& Outstan+in5 E8penses '7@&&& Cas* %&@&&& Pro2ision ,or ta8ation .&@&&& Prepai+ e8penses '&@&&& Propose+ Di2i+en+ 3&@&&& Pre#iminar1 e8penses 37@&&& 444444444 444444444 11'22'))) 11'22')))

Paper: A+2ance Accountin5 "ota# Mar$s: %& Note: Solve any two questions. Q1. "*e ,o##o6in5 "ria# Ba#ance re#ates to Rin5o Rin5 Co Lt+ as on 3' st Marc* .&'& 3ebit #alan es Rs. .redit #alan es Rs. Sun+r1 +e0tors 'C&@&&& S*are capita# K3&&& s*ares P#ant C'@&&& o, Rs '&& eac*L 3&&@&&& Furniture '.@&&& Pro,it & Loss ADC K3'-'.-&GL 'E@&&& C#osin5 Stoc$ as at K3'D3D'&L '73@&&& <ross Pro,it 'G.@%7& Rent an+ ta8es .%@&&& <enera# Reser2e 7@&&& Sa#aries %J@&&& Sun+r1 cre+itors 33@&&& O,,ice e8penses 3.@7&& Lia0i#ities ,or e8penses G@77& Discount 3@7&& Discount .@&&& A+2ance income ta8 .J@&&& JF De0entures K'D'D'&L %&@&&& Cas* in *an+ J@7&& Compensation to emp#o1ees E@7&& !nterim +i2i+en+ '.@&&& Pre#iminar1 e8penses %@&&& Une8pire+ pa1ments C@&&& 444444444 4444444444 2(4'))) 2(4'))) "*e ,o##o6in5 a++itiona# in,ormation is a2ai#a0#e '- O,,ice e8penses inc#u+e Rs %7&& an+ Au+it ,ee Rs 7& as au+it e8penses .- C*ar5e +epreciation on P#ant an+ Furniture I'&F 3- Outstan+in5 e8penses: '- Sa#aries Rs 3&&& .- !nterest on De0entures %- Directors +esire t*e ,o##o6in5: iL Rs C&&& trans,er to 5enera# reser2e iiL Pro2ision ,or ta8ation to 0e ma+e up to Rs '7&&& iiiL /rite o,, 7&F o, pre#iminar1 e8penses i2L Rs 7 per s*are as ,ina# +i2i+en+ 7- "*e aut*ori?e+ capita# o, compan1 consists o, 7&&& s*ares o, Rs '&& eac* B com !! "ime: ':'& (ours
From t*e ,o##o6in5 0a#ances 6*ic* appeare+ as on 3' st Decem0er .&'& in t*e 0oo$s o, t*e A$ram Ari, Lt+ prepare t*e Pro,it & Loss ADc ,or t*e 1ear en+e+ 3' st Decem0er .&'& an+ its Ba#ance S*eet as on t*at +ate Parti ulars Rs. Parti ulars Rs. Aut*ori?e+ & issue+ capita# '7@&&@&&& Sun+r1 cre+itors ''@7&@&&& S*are premium account %&@&&& Cas* in *an+ & at 0an$ 'EJ@&&& <enera# reser2e '37@&&& !nterest on +e0entures '7@&&& Di2i+en+ e;ui#isation reser2e ''&@&&& 7F in2estment at cost C&&@&&& EF +e0entures 7&&@&&& P#ant & Mac*iner1 Director ,ee '7@7&& Kcost C&&@&&&L 7.7@&&& !nsurance "a8 +e+ucte+ at source '&@7&& K'D%D'& to 3'D&3D''L 'J@&&& !nterest on in2estmentK5rossL %&@&&& Stoc$ K3'-'.-'&L C7&@&&& Motor "ruc$ Kcost '%G@7&&L C%@7&& Furniture Kcost '&&@&&&L C&@&&& Lan+ & 0ui#+in5 Kcost G&&@&&&L 7&&@&&& De0tors '.@7&@&&& Pro,it & Loss ADc 3&&@&&& A+2ance ta8 '7&@&&& Ba#ance ,rom tra+in5 account CJG@7&& !nterim +i2i+en+ pai+ on '7DJD'& G&@&&& Sa#aries '&&@&&& %djust!ents: '- Depreciation sc*e+u#e ,or 1ear .&'& s*o6s ,o##o6in5 resu#ts: '- Depreciation I '&F on ,i8e+ insta##ment met*o+ on #an+ & 0ui#+in5 an+ on P#ant & mac*iner1 6as 6ron5#1 c*ar5e+ to tra+in5 account .- Depreciation on motor truc$ Rs .&@&&& 3- Depreciation on ,urniture I 7F on ori5ina# cost .- Annua# 5enera# meetin5s recommen+ations: '- "rans,er Rs C&@&&& to +i2i+en+ e;ui#isation reser2e .- "rans,er Rs .&&@&&& to pro2ision o, ta8ation 3- Pa1ment o, ,ina# +i2i+en+ o, Rs '7 per s*are o, '&& eac* 3- !n2estments mar$et 2a#ue is Rs JJ7@7&& Q3. "*e ,o##o6in5 0a#ances are ta$en ,rom t*e 0oo$s o, A#p*a Lt+ ,or t*e 1ear en+e+ 3' st Decem0er .&'& 3ebit #alan es Rs. .redit #alan es Rs. Stoc$ K'D'D'&L .&&@&&& S*are capita# C&&@&&& Purc*ases .%&@C&& Pro,it & Loss ADC CJ@'&& /a5es %G@3&& <enera# Reser2e '&&@&&& M Fue# an+ po6er .G@%&& Di2i+en+ e;ui#isation reser2e %7@&&& Sa#aries C.@&&& Sun+r1 cre+itors '&7@&&& !nsurance '.@&&& Outstan+in5 e8penses .E@C&& Au+it ,ee 'E@&&& Pro2ision ,or +ou0t,u# +e0ts %@3&& Repair & Rene6a# J@&&& Pro2ision ,or ta8ation %7@&&& Mana5ers commission '.@&&& Unc#aime+ +i2i+en+ '&@&&& Rent & rates .E@&&& Misc receipts .7@&&& Depreciation C7@&&& Sa#es JG&@&&& Lan+ & 0ui#+in5 7&&@&&& Purc*ases Returns '@C&& Mac*iner1 an+ e;uipments ..C@7&& Motor 2e*ic#e ..&@&&& Q2.
Furniture Sun+r1 +e0tors Prepai+ e8penses Cas* at 0an$ Cas* in *an+ !ncome ta8 pai+
'&7@&&& '%'@.7& C@&&& .%@&&& '3@J7& %&@&&& 44444444 2)'&)')))
44444444444 2)'&)')))
%djust!ents: '- C#osin5 stoc$ Rs 77@&&& .- Sa#es inc#u+e Rs ..@&&& 5oo+s n sa#e or return Kcost price '&@&&&L 3- Ma$e a pro2ision o, 7F on +e0tors ,or 0a+ an+ +ou0t,u# +e0ts a,ter 6ritin5 o,, Rs %.7& as 0a+ +e0ts %- Pro2i+e Rs 37&&& ,or ,urt*er ta8ation 6*i#e ta8 #ia0i#it1 ,or #ast 1ear 6as Rs 73&&& 7- Directors recommen+ +i2i+en+ I GF on s*are capita# E- Mana5er is entit#e+ to a commission o, '7F on net pro,it 0e,ore c*ar5in5 *is commission su0=ect to minimum o, Rs '.&&& Required: Prepare "ra+in5 an+ Pro,it & Loss ADC ,or t*e 1ear en+e+ 3' st Decem0er .&'& an+ a Ba#ance S*eet as at t*at +ate

Paper: A+2ance Accountin5 "ota# Mar$s: %& Note: Solve any two questions. Q1. A#i !n+ustries Lt+ issue+ 7&&& '&F De0entures o, Rs '&& eac* Pass =ourna# entries an+ prepare Ba#ance S*eet in eac* o, t*e ,o##o6in5 cases '.3%7Q2. De0entures De0entures De0entures De0entures De0entures are are are are are issue+ issue+ issue+ issue+ issue+ at at at at at par an+ re+eema0#e at par JF +iscount an+ re+eema0#e at par CF premium an+ re+eema0#e at par par an+ re+eema0#e at %F premium 7F +iscount an+ re+eema0#e at %F premium B com !! "ime: ':'& (ours
Luc$1 <roup Lt+ *as outstan+in5 '.F +e0entures o, Rs 7&&@&&& on ' st Banuar1 .&&G t*e compan1 pa1s interest on 3' st Decem0er at t*e en+ eac* 1ear "*e compan1 *as t*e option to cance# t*e +e0entures 01 +ra6in5s at par or 01 purc*ase ,rom open mar$et !t purc*ase+ its o6n +e0entures o, Rs '&&@&&& on 3' st Decem0er .&&G at Rs GJ eac* ,or cance##ation !t ,urt*er purc*ase+ ,or re+emption@ +e0entures o, Rs '&&@&&& 01 +ra6in5s at par on 3'st Decem0er .&'& 5ournali-e the above transa tions on the assu!"tions that rede!"tion of debentures is: '- Out o, Pro,it .- Out o, Capita#
Q3.
On 'st Banuar1 .&'&@ a compan1 *as '.F outstan+in5 +e0entures o, Rs 3&&@&&& "*e interest is pa1a0#e on 3&t* Bune an+ 3'st Decem0er "*e compan1 is a##o6e+ to purc*ase its o6n +e0entures 6*ic* ma1 0e cance##e+ or $ept or reissue+ at t*e compn1s option "*e compan1 ma+e t*e ,o##o6in5 purc*ases 01 c*e;ues in open mar$et On 3'st Marc* .&'& 44444 3&& +e0entures I Rs GJ e8-interest On 'st Ao2em0er .&'& 4444 '7& +e0entures I Rs GC cum-interest "*e +e0entures 6*ic* 6ere purc*ase+ on 3' st Marc*@ 6ere cance##e+ on 3' st Decem0er .&'& 6ive the ne essary journal entries to re ord the above transa tions for the year 2)1)' and also show the relevant ite!s in the balan e sheet as on 31st 3e e!ber 2)1).

Paper: A+2ance Accountin5 "ota# Mar$s: %& Note: Solve any two questions. Q1. "*e *ea+ o,,ice o, a compan1 in2oices 5oo+s to its Be*#am 0ranc* at cost@ 6*o a#so purc*ases 5oo+s in+epen+ent#1 ,rom #oca# parties ,or 6*ic* pa1ments are ma+e 01 t*e *ea+ o,,ice A## t*e cas* co##ecte+ 01 t*e 0ranc* is 0an$e+ on t*e same +a1 to t*e cre+it o, t*e *ea+ o,,ice an+ a## e8penses are +irect#1 pai+ 01 t*e *ea+ o,,ice e8pect ,or a pett1 cas* account maintaine+ 01 t*e 0ranc* ,or 6*ic* perio+ica# trans,ers are ma+e ,rom t*e *ea+ o,,ice From t*e ,o##o6in5 particu#ars@ s*o6 t*e 0ranc* account as maintaine+ in t*e *ea+ o,,ice 0oo$s@ re,#ectin5 t*e 0ranc* pro,it ,or t*e 1ear en+in5 3'-'.-.&'& Parti ulars !mprest cas* 'D'D'& 3&&& !mprest cas* 3'D'.D'& Sun+r1 +e0tors on 'D'D'& Stoc$ on 'D'D'&: "rans,erre+ ,rom ( O '&&& Direct#1 purc*ase+ 01 0ranc* .&&& Rs. .&&& 'C7& .7&&& Parti ulars Returns ,rom customers Rs. B com !! "ime: ':'& (ours
<oo+s sent to 0ranc* ,rom ( O 7&@&&& "rans,er ,rom ( O ,or pett1 cas* e8pense .7&& .&@&&& Ba+ +e0ts 'E&&& Discount to customers
S*orta5e o, stoc$ Cas* sa#es Cre+it sa#es Direct purc*ases Stoc$ on 3'-'.-'&: "rans,erre+ ,rom ( O Direct#1 purc*ase+ 01 0ranc* Q2.
%&&& %7&&& '3&@&&& %7&&& '7&&& '.&&&
Cas* recei2e+ ,rom customers '.7@&&& Branc* e8penses 3&@&&& <oo+s costin5 Rs E&& 6ere +estro1e+ +ue to ,ire & a sum o, Rs 7&& recei2e+ ,rom t*e insurance compan1
Ba01 s*oes o, La*ore opene+ a 0ranc* in Mu#tan to 6*ic* 5oo+s are in2oice+ at cost p#us .7F From t*e ,o##o6in5 in,ormation re5ar+in5 Mu#tan 0ranc*@ prepare Mu#tan 0ranc* account in t*e 0oo$s o, 0a01 s*oes ,or 1ear en+e+ 3'-'.-'& Rs. Openin5 stoc$ 6it* 0ranc* ''E&& C#osin5 stoc$ 6it* 0ranc* '&&&& Cre+it sa#es 3&7&& Cas* sa#es G%7& Cas* recei2e+ ,rom +e0tors 'G.&& <oo+s recei2e+ ,rom *ea+ o,,ice 'CJ&& <oo+s in transit on 3'-'.-'& '3&& Discount a##o6e+ to customers .7&& Ba+ +e0ts at 0ranc* '&&& Cas* sent 01 *ea+ o,,ice to 0ranc* ,or: Rent Rs '7&& A+2ertisement Rs .E&& Sa#aries Rs %7&& Sun+r1 e8penses Rs J7&
Q3.
B Lt+ 6*ose *ea+ o,,ice is in Narac*i@ *as a 0ranc* in !s#ama0a+ "*e !s#ama0a+ 0ranc* +oes not $eep a comp#ete set o, 0oo$s 0ut sen+s 6ee$#1 returns o, its transactions to t*e *ea+ o,,ice@ 6*ic* ,rom t*e 0asis o, entries in t*e *ea+ o,,ice #e+5er A## purc*ases are ma+e 01 t*e *ea+ o,,ice an+ 5oo+s are in2oice+ 01 t*e 0ranc* at se##in5 price 6*ic* s*o6s a pro,it o, .&F A## e8penses are pai+ 01 t*e *ea+ o,,ice@ an+ a## cas* recei2e+ 01 t*e 0ranc* is 0an$e+ intact ,or t*e cre+it o, *ea+ o,,ice account From t*e ,o##o6in5 ,i5ures re#atin5 to t*e 1ear en+e+ 3' st Decem0er .&'& Prepare t*e 0ranc* "ra+in5 & Pro,it & Loss Account an+ 0ranc* account ,or t*e 1ear en+in5 3'-'.-.&'& Parti ulars Branc* stoc$ 'st Banuar1 KSa#es PriceL Branc* +e0tors 'st Banuar1 <oo+ in2oice+ to 0ranc* KSa#es priceL Cas* sa#es Cre+it sa#es Branc* stoc$ 3'st Decem0er KSa#es priceL <oo+s returne+ to ( O KSa#es priceL <oo+s returne+ ,rom customers Discount a##o6e+ Cas* recei2e+ ,rom customers Rent /a5es <enera# e8penses Rs. .%&& '7&& 3&@&&& E&&& .3E&& .EE& %&& 3&& '37& .'J&& %&& 'G&& %&&

Paper: A+2ance Accountin5 "ota# Mar$s: %& Note: Solve any two questions. Q1. On 'st Banuar1 .&'& A*me+ o, La*ore consi5ne+ to Ba0ar o, Mu#tan 5oo+s ,or sa#e at in2oice price Ba0ar is entit#e+ to commission o, 7F on in2oice price an+ .&F o, an1 surp#us price rea#i?e+ <oo+s in2oice+ to Ba0ar at Rs '%%@&&& so as to 5i2e a pro,it o, .&F on cost "*e e8penses o, t*e consi5nment amounte+ to Rs J7&& On 3' st Marc* .&'&@ an account sa#es 6as recei2e+ ,rom Ba0ar s*o6in5 t*at *e *a+ e,,ecte+ sa#es o, Rs '.&@&&& in respect o, .D3 o, t*e ;uantit1 o, 5oo+s consi5ne+ to *im (is actua# out o, poc$et e8penses amounte+ to Rs C%&& Ba0ar accepts a 0i## +ra6n 01 A*me+ ,or Rs %&@&&& remitte+ t*e 0a#ance+ +ue ,rom *im in cas* 6ive onsi+n!ent a Q2. ount and #abar,s a ount in the books of %h!ad. B com !! "ime: ':'& (ours
On 'st Ban@ .&'& Sa#eem C*emica#s o, La*ore sent '&&@&&& #iters o, c*emica# to Fur;an o, Faisa#a0a+ at a cost o, Rs '3 per #itter "*e1 pai+ carria5e Rs C&&&@ an+ octroi +ut1 Rs '&&& Fur;an recei2e+ t*e consi5nment an+ un#oa+in5 c*ar5es amounte+ to Rs '&&& 6ere pai+ On .Ct* Fe0ruar1 .&'& Fur;an sent an account sa#es s*o6in5 C&@&&& #iters o, c*emica# so#+ I Rs 'E per #iter@ se##in5 e8penses incurre+ Rs %&&&@ 5o+o6n rent Rs '7&&@ commission I %F an+ +e#cre+re commission 'F on sa#es (e a#so reposte+ a s*orta5e o, .&&& #iters +ue t*e #ea$a5e One o, t*e customers 6*o purc*ase+ .&&& #iters on cre+it 0ecame inso#2ent an+ on#1 7&F reco2er1 6as ma+e
,rom *im Pass t*e entries an+ prepare consi5nment account in t*e 0oo$s o, Sa#eem C*emica#s Q3. A Lt+ o, Sia#$ot sent on consi5nment 5oo+s to H Lt+ o, Narac*i 6it* ,o##o6in5 +etai#s !n2oice price 3@&&@&&@&&& Frei5*t c*ar5es J7@&&& !nsurance cost 7&@&&& Ot*er c*ar5es 7&@&&& H Lt+ so#+ out o, t*e 5oo+s ,or Rs '@J7@&&@&&& "*e +etai# o, e8penses o, H Lt+ is 5i2en 0e#o6: Sa#es commission 7F Stora5e e8penses .&&@&&& Mar$etin5 e8penses 37&@&&& Un,ortunate#1 one ,ourt* o, t*e consi5nment 6as #ost 01 ,ire prior to s*orta5e o, t*e 5oo+s "*e insurance compan1 sett#e+ t*e c#aim ,or Rs 7&@&&@&&& A Lt+ recei2e+ a 3 mont* 0i##s o, e8c*an5e ,rom H Lt+ in sett#ement o, t*e +ues Required: Dra6 up consi5nment account@ H Lt+ account an+ a0norma# #oss account in t*e 0oo$s o, A Lt+

Paper: A+2ance Accountin5 "ota# Mar$s: %& Note: Solve any two questions. Q1. S & S Lt+ are contractors ,or t*e construction o, a pier ,or t*e sea,ront +e2e#opment compan1 "*e 2a#ue o, t*e contract Rs 3&&@&&&@ an+ pa1ment is 01 en5ineers certi,icate su0=ect to a retention o, '&F o, t*e amount certi,ie+O t*is is to 0e *e#+ 01 t*e sea,ront +e2e#opment compan1 ,or si8 mont*s a,ter t*e comp#etion o, t*e contract "*e ,o##o6in5 in,ormation is e8tracte+ ,rom t*e recor+s o, S an+ S Lt+ /a5es on site %'.E& Materia# +e#i2ere+ to site 01 supp#ier 7CGEE Materia# +e#i2ere+ to site ,rom store '&'C& (ire o, p#ant .'&3& E8penses c*ar5es to contract 3&E7 O2er*ea+s c*ar5e+ to contract C33& Materia#s on site on 3&t* Sep@ .&'& ''EE& /or$ certi,ie+ '7&@&&& Pa1ment recei2e+ '37@&&& /or$ in pro5ress Knot t*e su0=ect o, a certi,icate to +ateL '.E'3 /a5es accrue+ on 3&t* Sep@ .&'& .C.E B com !! "ime: ':'& (ours
Materia# costin5 Rs 33C% 6as +ama5e+ an+ *a+ to 0e +ispose+ o,, ,or Rs CC% Required: Prepare contract account an+ 6or$ in pro5ress account in t*e 0oo$s o, contractor@ a#so s*o6s t*e re#e2ant items as 6ou#+ appear in t*e Ba#ance S*eet Q2. P Lt+ 6as a6ar+e+ a contract to 0ui#+ an o,,ice 0#oc$ in La*ore an+ 6or$ commence+ at t*e site on 'st Marc* .&'& Durin5 t*e perio+ o, 3'st Decem0er .&'&@ t*e e8pen+itures on t*e contract 6ere as ,o##o6s: Materia# issue+ ,rom stores G%@''& Materia# purc*ase+ .C&@J&& Direct e8penses E'@%G& /a5es 'C%@G3& C*ar5es ma+e 01 t*e compan1 ,or a+ministration e8penses Rs .'@%E& p#ant an+ mac*iner1 purc*ase+ on 'st Marc* ,or use at site Rs '.'@C&& On 3'st Decem0er .&'& t*e stoc$ o, t*e materia# at t*e site amounte+ to Rs .'@E%& an+ t*ere 6ere amounte+ outstan+in5 ,or 6a5es Rs 3@EE& an+ +irect e8penses Rs %G& P Lt+ *as recei2e+ on account t*e sum o, Rs E%'@J&& 6*ic* represents t*e amount o, certi,icate no ' issue+ 01 t*e arc*itects in respect o, 6or$ comp#ete+ to 3' st Decem0er .&'&@ a,ter +e+uctin5 '&F retention mone1 "*e ,o##o6in5 re#e2ant in,ormation is a#so a2ai#a0#e: '- "*e p#ant an+ mac*iner1 *as an e,,ecti2e #i,e o, ,i2e 1ears@ 6it* no resi+ua# 2a#ue@ an+ .- "*e compan1 on#1 ta$es cre+it ,or t6o-t*ir+ o, t*e pro,it on 6or$ certi,ie+ Required: Prepare a contract account@ 6or$ in pro5ress account@ an+ s*o6 t*e items appeare+ in 0a#ance s*eet o, P Lt+ on 3'st Decem0er .&'& Q3. A contractor ma$es *is accounts to Decem0er 3' in eac* 1ear Contract no 73% commence+ on Apri# '@ .&'& "*e cost recor+s 1ie#+ t*e ,o##o6in5 in,ormation on Decem0er 3'@ .&'& Materia# c*ar5e+ out to site .@'7& La0our 7@&'' Forman E3' A mac*ine costin5 Rs '@7&& *as 0een on site ,or J3 +a1s !ts 6or$in5 #i,e is estimate+ is ,i2e 1ears@ its ,ina# scrap 2a#ue o, Rs '&& A super2isor 6*o is pai+ Rs '@.&& p a *as spent appro8imate#1 one *a#, o, *is time on t*is contract A## ot*er e8penses an+ a+ministration e8penses amounte+ Rs '@.E' Materia#s in stores at site at 1ear en+ cost Rs .%C "*e contract price is Rs .&@&&& On 3'st Decem0er .&'& .D3 o, t*e contract 6as comp#ete+ Arc*itects certi,icate *as 0een issue+ co2erin5 Rs '&@&&& an+ Rs C@&&& *as so ,ar 0een pai+ on account Prepare a contract account an+ state *o6 muc* pro,it or #oss s*ou#+ 0e inc#u+e+ in respect o, contract no 73% in t*e ,inancia# accounts to 3' st Decem0er .&'&

Paper: A+2ance Accountin5 "ota# Mar$s: %& Note: Solve any two questions. Q1. H Lt+ 6ent into 2o#untar1 #i;ui+ation on 3' st Decem0er .&'& /*en t*eir Ba#ance S*eet as ,o##o6s: $iabilities Rs. !ssue+ capita# .7&&& s*ares o, Rs '&& eac* .7@&&@&&& '.F +e0entures secure+ 01 a ,#oatin5 c*ar5e C&&@&&& !nterest outstan+in5 on +e0entures KSecure+ as a0o2eL GE@&&& Cre+itors G7E@&&& %ssets: Lan+ an+ 0ui#+in5 C3&@&&& P#ant an+ mac*iner1 '.@&&@&&& Patents %&&@&&& Stoc$ 7&3@&&& Sun+r1 +e0tors G3'@&&& Cas* at 0an$ 3.7@&&& Pro,it an+ #oss 'E3@&&& Cre+itors inc#u+e+ pre,erentia# cre+itors o, Rs .37@G&& "*e e8penses o, #i;ui+ation amountin5 to Rs .3@77& "*e #i;ui+ator is entit#e+ to a commission 3F on asset rea#ise+ B com !! "ime: ':'& (ours
an+ . 7F on amount +istri0ute+ amon5 t*e unsecure+ cre+itors "*e assets 6ere rea#ise+ as ,o##o6s: Lan+ an+ 0ui#+in5 CJ&@&&& P#ant an+ mac*iner1 '&@7&@&&& Patents ..7@&&& Stoc$ %G'@&&& Sun+r1 +e0tors ECG@&&& S*o6 t*e #i;ui+ators ,ina# statement o, accounts Q2. "*e MDs un,ortunate Lt+ 6ent into 2o#untar1 #i;ui+ation "*e ,o##o6in5 is t*e Ba#ance S*eet as on 3'st Decem0er .&'& $iabilities Rs. %ssets Rs. S*are capita#: !ssue+ C&&&& e;uit1 Bui#+in5 '%&@&&& s*ares o, Rs 7 eac* %&&@&&& P#ant an+ Mac*iner1 .&&@&&& De0entures 3&&@&&& Stoc$ in "ra+e G7@&&& Ban$ o2er+ra,t 3&@&&& Boo$ +e0ts E7@&&& Sun+r1 cre+itors %&@&&& Cas* in *an+ .&@&&& Pro,it & Loss ADC .7&@&&& 44444444 4444444444 77)'))) 77)'))) P#ant an+ mac*iner1@ an+ 0ui#+in5 6ere 2a#ue+ at Rs ''7@&&& an+ Rs '.&@&&& respecti2e#1 !n rea#i?ation@ #osses o, Rs .&@&&& 6ere on stoc$ an+ Rs '7@&&& on 0oo$ +e0ts "*e e8penses o, #i;ui+ation amounte+ to Rs 3J&& t*e #i;ui+ator is entit#e+ to a commission o, .F on a## assets rea#i?e+ e8pect cas* in *an+ an+ . 7F on amounts +istri0ute+ to unsecure+ cre+itors Sun+r1 cre+itors 5i2en in a0o2e 0a#ance s*eet are a## unsecure+ "*e +e0entures are secure+ on a## assets@ rea#i?e+ Pre"are the liquidator,s state!ent of a ount.
Q3.
"*e ,o##o6in5 is t*e Ba#ance S*eet o, Moon Lt+ as on 3' st Au5ust .&'& $iabilities Rs. %ssets Rs. !ssue+ capita# Lan+ & Bui#+in5 .&&@&&& 37&&& s*are o, Rs '& eac* 37&@&&& P#ant & mac*iner1 ''7@&&& GF mort5a5e +e0enture K*o#+in5 a Patents '7@&&& F#oatin5 c*ar5e on a## assets o, t*e !n2estments 37@&&& Compan1L '&&@&&& Stoc$ %7@&&& Outstan+in5 interest on +e0entures G@&&& Sun+r1 +e0tors C7@&&& KSecure+ as a0o2eL Cas* at 0an$ %&@&&& Loan secure+ 01 *1pot*ecation o, Pro,it & Loss ADC J&@7&& Stoc$ %7@&&& "ra+e cre+itors J%@7&& Cre+itors ,or sa#aries & 6a5es '7@&&& Lia0i#ities ,or 6or$mens compensation .@&&& O6in5 to <o2t ,or ta8es '&@&&& 4444444 4444444 8)2'2)) 8)2'2)) "*e compan1 6ent into 2o#untar1 #i;ui+ation on ' st Septem0er .&&& an+ a #i;ui+ator 6as appointe+ 6it* a remuneration o, .F on a## assets rea#i?e+ 6it* t*e e8ception o, cas* at 0an$ an+ .F o, t*e amount +istri0ute+ amon5 unsecure+ cre+itors ot*er t*an pre,erentia# cre+itors Stoc$ rea#i?e+ ,or Rs 37@&&& an+ t*e ot*er assets e8c#u+in5 cas*
rea#i?e+ Rs %&7@&&& "*e e8penses o, #i;ui+ation 6ere Rs E3'& prepare t*e #i;ui+ators ,ina# statement o, account an+ s*o6 t*e 6or$in5 ,or #i;ui+ators remuneration

Paper: Business "a8ation "ota# Mar$s: %& Note: Solve any two questions. Q1. /*1 it is necessar1 to +i,,erentiate 0et6een capita# an+ re2enue- E8p#ain t*e 2arious tests to c*ec$ 6*et*er a particu#ar receipt is capita# or re2enueQ2. /*at are t*e not a##o6a0#e +e+uctions un+er t*e *ea+ 9income ,rom 0usiness:Q3. E8p#ain t*e ,o##o6in5 pena#ties '- Pena#t1 ,or ,ai#ure to ,urnis* return statement .- Fai#ure to +eposit t*e a++itiona# ta8 3- Fai#ure to maintain t*e recor+s %- Fai#ure to issue receipt 9999999999999999999999999999999999999999999999999999999999999999 B com !! "ime: ':'& (ours

Paper: Business "a8ation "ota# Mar$s: %& Note: Solve any two questions. Q1. /*1 it is necessar1 to +i,,erentiate 0et6een capita# an+ re2enue- E8p#ain t*e 2arious tests to c*ec$ 6*et*er a particu#ar receipt is capita# or re2enueQ2. /*at are t*e not a##o6a0#e +e+uctions un+er t*e *ea+ 9income ,rom 0usiness:Q3. E8p#ain t*e ,o##o6in5 pena#ties '- Pena#t1 ,or ,ai#ure to ,urnis* return statement .- Fai#ure to +eposit t*e a++itiona# ta8 3- Fai#ure to maintain t*e recor+s %- Fai#ure to issue receipt 9999999999999999999999999999999999999999999999999999999999999999 B com !! "ime: ':'& (ours

Paper: Business "a8ation "ota# Mar$s: %& Note: Solve any two questions. Q1. Q2. Q3. /*at are t*e po6ers an+ ,unctions o, 9Fe+era# Boar+ o, Re2enue:/*at are t*e po6ers an+ ,unctions o, 9Commissioner in#an+ Re2enue:E8p#ain t*e ,o##o6in5 terms 6it* re,erence to !"O .&&''- "a8 pa1er .- Pa$istan source income 3- !n+ustria# un+erta$in5 %- Ro1a#t1 9999999999999999999999999999999999999999999999999999999999999999 B com !! "ime: ':'& (ours

Paper: Business "a8ation "ota# Mar$s: %& Note: Solve any two questions. Q1. Q2. Q3. /*at are t*e po6ers an+ ,unctions o, 9Fe+era# Boar+ o, Re2enue:/*at are t*e po6ers an+ ,unctions o, 9Commissioner in#an+ Re2enue:E8p#ain t*e ,o##o6in5 terms 6it* re,erence to !"O .&&''- "a8 pa1er .- Pa$istan source income 3- !n+ustria# un+erta$in5 %- Ro1a#t1 9999999999999999999999999999999999999999999999999999999999999999 B com !! "ime: ':'& (ours

Paper: Business "a8ation "ota# Mar$s: %& Note: Solve any two questions. Q1. Q2. Q3. /*at are t*e +i,,erent t1pes o, assessment/*at is t*e proce+ure o, ,i#in5 an appea# to C!R appea#sB com !! "ime: ':'& (ours

Paper: Business "a8ation "ota# Mar$s: %& Note: Solve all questions. Q1. Q2. E8p#ain t*e ,o##o6in5 e8emptions'- Pension .- !ncome o, e+ucationa# institution 3- E8emption un+er internationa# a5reement %- !ncome o, Mo+ar0a B com !! "ime: ':'& (ours

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"ota# Mar$s: Note: Solve all questions.

"ime: ':'& (ours

AL-UMAR PROFESSORS ACADEMY

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"ota# Mar$s: Note: Solve all questions.

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Paper: Economics o, Pa$istan "ota# Mar$s: Note: Solve all questions.

B com !! "ime: ':'& (ours

AL-UMAR PROFESSORS ACADEMY

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"ota# Mar$s: Note: Solve all questions.

"ime: ':'& (ours

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