SUBJECT CODE: BHM108 416 Date: 20.07.09 ROLLNo NATIONAL COUNCIL FOR HOTEL MANAGEMENT AND CATERING TECHNOLOGY NOIDA SUPPLEMENTARY EXAMINATIONS - 2009 COURSE 48 Year of 3-year B.Se. SUBJECT ‘Accountancy TIME ALLOWED 03 Hours, MAX. MARKS: 100 (Marks allotted to each question are given in brackets) Q1. Explain briefly: (a) imprest system of Analytical Petty Cash Book (b) Contra Entries OR (@) Why is the journal subdivided? What are the advantages of maintaining ‘subsidiary books of accounts? (b) What do you understand by final accounts? Why are they prepared? (6+5=10) Q.2. Journalise the following transactions: 2006 Rs. Jan 1 Hari started business with cash 3,00,000/- 4 Deposited cash into bank 50,000/- 10 Cash purchases 20,000/- 14 Purchased furniture from Fumiture Mart 5,000/- 15 Gash sales 30,000/- 20 Paid Roshan by cheque 12,000/- 25 Received commission 6,000/- 28 Sold goods to Dev — less trade discount 20% 8,000/- 30 Paid rent to landlord by cheque 2,000/- 31 Paid salaries 10,000/- (10) Q.3. Post the following transactions directly into the Ledger and find the balances: 2006 Rs. Jan 4 Raman started ousiness with cash 5,00,000/- 5 Purchased computer from computer point 20,000/- 10 Paid telephone bill 5,000/- 20 Cash purchases 15,000/- 31 Cash sales 35,000/- (10) CODE: BHMOB11SUBJECT CODE: BHM108 Q4. Redraw correctly the Trial Balance given: 24 Trial Balance Particulars Debit (Rs.) | Credit (Rs.) | Premises we 3,000/- | Machinery 850/- Bad Debts _ 140 Retum Outwards 130/- 7 | Cash 20/- seat Discount received 150/- Capital 3,680/- Fixtures 280/- Bank overdraft 500i- (Creditors 2,500/- Purchases 5,000/- Sales 5,200- {Debtors 3,000/- | [Interest received 130/- TOTAL: 12,2901. 12,290/- OR What is a Trial Balance? What are its advantages and explain the methods of constructing a Trial Balance? (10) Q5. Explain briefly any three accounting concepts and any two accounting ‘conventions. OR Explain with suitable examples the classification of accounts. Also give the rules for debiting and crediting the various types of accounts, (10) Q6. What is the Bank Reconciliation statement? What are the reasons of disagreement between the Cash Book, Bank balance and the Pass book bank balance? OR Explain with the help of neatly drawn formats the various types of subsidiary books. ‘CODE: BHMO8/11 (10)JBJECT CODE: BHM108 34 27. Enter the following transactions in a three column cash book of Raghu and balance the cash book at the end: 2006 Rs. March 1 Cashinhand = * 50,000/- 4 Cash at bank 16,000/- 5 Cash purchases 6,000 10 Deposited cash into bank 4,000/. 15 Received from Gopal 1,470/- Discount allowed 30/- 20 Cash withdrawn from bank for office use 2,000/- 25 Paid to Ganesh in cash 2,8001- Discount allowed by him 2001. 30 Paid office rent by cheque 500/- 31 Paid salaries in cash 4,000/- (10) oR Explain in one or two lines: (a) Asset (b) Stock () Creditor (@) Drawings (©) Purchases (8 Goods (g) Cash Discount (n) Capitat Folio Account (10x1=10) Q8. (2) Give five points of distinction between Capital Expenditure and Revenue Expenditure. (0) State whether the following are Capital or Revenue: (i) Cost of acquisition of copyrights (i) Repairs to building (ii) Additions to factory building (iv) Freight for bringing new furniture for office (¥) Amount spent on uniforms for staff (5#5=10) ‘CODE: BHMOE/11‘SUBJECT CODE: BHM108, 44 Q.9. On 31* March 2008, the following trial balance was extracted from the books of Raju Particulars —_ Debit (Rs) | Credit (Rs) Purchases 4,50,000/- Sales |___200,000- ‘Opening Stock 10,000/- =i Wages - 42,600 | {Salaries ae _ 14,500/- | Purehase returns 2,000 | Sales retuns 1,500 | [Rent & Rates 2,500/- insurance Premium 600/- General Expenses _— 1,400/- _| Machinery i 75,000 Sundry Debtors - 12,000/- Cash in hand 4,500/- Cash at bank 7,500/- Drawings 3,000 | Discount allowed = 2,000/- af interest paid aan 3,000 im Caniage outwards E 70,000 Ail Commission received - 3,000/- Sundry creditors 15,0007. Capital | ___30,000/- TOTAL: 2,50,000/- 2,50,000/- Prepare Trading account and Profit & Loss account for the year ended 31# March2006 and a Balance Sheet as on that date after taking into account the following: (a) Outstanding wages Rs.1,500/- (0) Prepaid Insurance Rs.100/- (c)__Depreciate machinery by 10% (qd) Stock on 31 March 2006 was valued at Rs.40,000/- CODE: BHMOE/11 (6+5+10=20)