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DRIVE
PROGRAM
SEMESTER
SSUBJECT CODE &
NAME
BK ID
CREDIT
MARKS
ASSIGNMENT
SPRING 2016
MBA
I
MB 0041
FINANCIAL AND MANAGEMENT ACCOUNTING
B1624
4
60
Note: Answer all questions. Kindly note that answers for 10 marks questions should be
approximately of 400 words. Each question is followed by evaluation scheme.
Q.No
Question
Marks
1
From the following information prepare the Balance Sheet of a Firm :
Total Marks
Write notes on :
a) Value Added Ratios
b) Balanced Score Card
5
5
10
10
From the following Balance Sheet as on 31. 03. 2014 and 31. 03. 2015, prepare Cash
Flow Statement using Indirect method:
Liabilities
Share Capital
General Reserve
Profit and Loss Account
31.03.2014
4,00,000
1,00,000
50,000
31.03.2015
5,00,000
1,20,000
60,000
1,00,000
1,50,000
40,000
8,40,000
NIL
1,40,000
50,000
8,70,000
Total
NIL
3,00,000
2,50,000
1,50,000
1,00,000
40,000
8,40,000
20,000
2,85,000
3,00,000
1,40,000
95,000
30,000
8,70,000
Assets
Goodwill
Land and Building
Plant and Machinery
Inventories
Receivables
Cash
10
01.04.2014
70,000
1,20,000
20,000
31.03.2015
85,000
1,40,000
26,000
10
1
1
2
1
2
1
1
1
From the following information and assumption that the balance in hand on 1st Jan 2016 is
Rs.1,35,000, prepare a cash budget for January 2016 to June 2016
Month
Materials
Sales
Wages
January
February
March
April
May
June
60,000
72,000
61,000
71,200
84,000
87,600
1,54,000
2,04,000
1,82,000
1,87,200
2,15,000
2,27,400
25,000
29,200
26,200
60,000
54,000
56,000
Sales
&
Distribution
Overhed
10,000
12,000
13,000
15,400
19,000
21,000
Production Administration
Overhead
Overhead
12,000
12,600
12,000
13,000
16,000
16,400
2,500
3,400
3,500
3,500
4,000
4,000
Assume that 50% are cash sales. Assets are to be required in Feb. and April. Therefore,
provision should be made for payment of Rs.26,000 and Rs.60,000 for the same. An application
has been made to a bank for grant of loan of Rs. 50,000 and it is hoped that it will be received in
the month of May. It is anticipated that a dividend of Rs.70,000 will be paid in June. Debtors
are allowed 1 month credit. Sales commission @ 3% on sales is to be paid. Creditors (for goods
and overhead) grant one months credit.
A
10
10