~=~I

a C
v• om .
(P J
ar t-I I) (S em est SD-70
Tot a lN o. of Pag es: 3
J
er- III ) (C
C C -B l : Co an ua ry _ 2BCS) (New) Examinatio
rp or at e A 023 n,
Su b cc ou
C ntin (P d g ap er - I) (C AC Ct )
• 0 e: 73507
pay an d Da te : Fr ida y
fin te: 20
2.3 0 p.m . to • ~ - Ol - 2023
4 3 p.m . Total Ma rks : 40
Instructions : 1) All
F" qu est ion s carry equ al marks
2) .
Uigu res to the right m . d.icate full ma
3) rks
se of cal cul ato r is allowed.
.

Qt ) Sh or t an sw er questions.
a) Ex pla in - Calls in ad va nc e and cal
ls-in arrears. {51
OR
a) Re iss ue of forfeited shares.
b) Dh an ara j Co .L td. invited applicat
ions for l 5,0 00 equity shares of
Rs. 100 each payable Rs. 30 on
application, Rs.SO on allotment and
Rs . 20 on the First and fi na l call.
Applications were received for \2, 00
sh are . Sh are s were allotted to all 0
the applicants.The company received
all the a1noun du e on each call.
Th e company tsreq uest you to make entries injoumal of
the company.\51

OR
Ram Lt d. provides you the follow
ing information.
b) Rs.
4,00,000
Fr ee Reserves
· Paid up Capital 3,00,000
(equity sh are s of Rs.l 00 each)
250
Price per share settled
Calculate:-
i) Maximurn buy back ceiling.
b ght back
ii) No. of shares to be ou , _ r.o.
 SD-70
Q l) Short answer que
. . . 5\ions .
.
. Method of redempt·
a) Lxphun msurance ion of debentures. [5)
Pohcy OR
a) b.p la m. . •{
in br'.c , type s of debentures?
Zo/o debentures ofRs.10 .
b) Krush · na Co. issuebld 50t00 1 00 each at a premnu n
the option of company
of Rs. 200\repa~a efath after 7 years at a prem
e debenture is called as iu
.· m
of l 5%. T 1e price o , on application Rs. 50
•ncluding prem.
ium and Rs. 300 on fi 0
on a11otment Rs . 400 1 rst call. '
Pass journal entries for issue of
debentures.
b) Rajesh Co.Ltd. O R (SJ
issued on 1/04/2017, 80
each repayable at the end th 0 8% debentures o f
of 8 year at premium Rs. I000
redemption fund was cr of 10 %. The debentures
eated by transferring
and it was invested in 9% Rs.1, 00, 000 from prof
G ov it
Prepare Debenture Redem ernment Bonds.
ption FundA/c and Deb
fund investment Ale fo enture Redemption
r the firs
t two years.
Q3) Short answer ques
tions
a) What is mean cont.
ingent Liabilities?
OR IS)
a) Give a specimen of
statement of profit an
d loss
b) The paid-up capital of
shares capital and R the yash Ltd is Rs
3
s. 2'25 ,000 eqm.ty 'shar · ' 00 ,000 33/«o pr fi
are tracted from the e capital. Following e erence
Marex
ch31,2019: book f th b l
so e company for the ye
ar enadeance
d ons
Particulars

ion penses
Rent an rateex
s
General expenses 1,02,000
Sales 48,000
Pure ases 12,000
Frei t and carria . 9,18,000
D ebentur · 4 77 100
tock on ;~n=ti~~; e inward

Preferencen·1v1'dend Pa
half year}
3,750
5,250
idr - - - t - - ! ~
Shares £0 r£ · ~00~
, ,5
_ e1ted accoun
t -_-_-_-_-_t-:_-:_-:_:=9~,~000~~j
2000
-2-
 'fhe val_ue_ stock on March 31,2019 was Rs. Z,IS,OOO. SD-70
Depreciation of freehold properties is to b .d d .
.
Rs. 3,40,000 ~don furll!ture e prov1 e at 2.5% on 1ts cost
at 6% on Rs.84,000
You are required to prepare the statement of profit and loss of the
company for the year ended 31st March, 20I9 and necessary notes.[10]
OR

~
The authorized capital of Raghunath Company Ltd. is Rs.5,00,000
consisting of equity shares ofRs.10 each. Following was the extract of
Trial Balance of the company as on 31 March2019.
..-Particulars Dr.Rs
~
Cr.Rs.
Investment at cost 1,00,000
- Cash on hand 53,000
Bills Receivable 55,800 -
Sundry Debtors and Creditors 55,1 00 90,500
Freehold property at cost 5,10,500 -
. 15,000
Depreciation Reserve
4,00,000
Equity share capital full y paid up
1,50,000
So/o debentures
1,50,000
~Bank overdraft - _J
~ - vas valued at Rs. l .4~,500.
/03/2019 v d d for Rs. 3,75 O.
Stock on 31 . ton debentures is Prov1 c fit at Rs. 38,175.
Outstanding mteres de @ 50% of net pro i
• • r.: tax was ma O 68 675
Prov1s1on ior 'd d Rs. 3,80 . ltcd at Rs. ' .
. . was prov1 e . nts was rcsu
Depreciation . all above ad3ustme
fter making
Surplus a . . d to prepare-. with required notes.
You are requ11e 31/03/2019 along
Balance sheet as on [SI

Short answer ques~o:-to Tally ERP 9.4

a) Introductio OR
· tally.
. groups m
b) Explain

◄►
◄► ◄►
 !JI UNMRSITY (SUM
SIIRI VENKATESH l\,f ~!R), EXAMINATIONMAY-JUN
nuutAVIDYA
B,ComII LAYAICHA E2023
Subject: Cor. (Sem,-111) (CncS) LKARNJI
P?rate Accountin p
J)ate: Friday, 02/06/2023 (SubJect Code: 7350~ ( aper-I)
10.30 a.m. to 12.30 p.m. Total Marks: 40
dons: 1) All questions are compulsor
2) F'
igures to the right . d' y.
3) Use of cal . m icate marks.
, , , • • • • • • • , , , , , • culator 1s allowed
••••••••• •••• ••• ••••••••••••
Short answer quest············· ' •••••••• •••,, •••• ,
IODS.
Explain the types of Preference Shares. (5)

What do you mean by Forfeiture Shares~R

as: issued 12500 Eqw·ty Shares of Rs.I00 each at a premium of Rs.SO each
payableCo.
) Sangit

On Application Rs.20
On Allotment Rs.90 (including premium Rs.50)
On Final Call Rs.40
All installments due were received except the Final Call on 250 shares.
Give Journal Entries to record the above transactions. (5)
OR
Sunshine Co. Ltd. furnishes you the following accounting data
Paid up Equity Share Capital of Rs.250000 in shares of Rs.I 00 each.
Balance of Revenue Reserve of Rs.200000.
Balance of Share Premium account Rs.50000
Bank Balance Rs.340000
The company bought back 500 shares at Rs.400 each.
Pass Journal Entries for buyback of shares.

2) Short answer questions. (5)

a) Define Debentures and state its features.OR
Explain Sinking Fund Method of redemption of debentures.
. d 12000 !6% Debentures of Rs.JOO each at a premium of Rs.50
b) Tej Co. Ltd. issue ,
payable as follows:
On Application Rs.30_ . reroiuro)
On Allotment Rs.85 (including p
On First & Final Call Rs.35 d be tufCS. The application for 2000 deben~
":tit
The Co received apPlications for. J40~to remaining claiJllallts all call were mad• (SJ
aroi:ted
:i
and the debentureS. were issued the above transactions.
• J __ ,.1 Entnes to recor
..,uected. Give O"llfllAI
1
 !JI UNIVERSITY (SUM ,
SHRI VENKATESII l\,f~ ~ ) , EXAMJNATIO
.,.uutAVIDYAL NMAY - n~1n
B• Com II ( AYA ICBA U\Jl~fJ 2023
Subject: Cor. o Sem,-111) (CBCS) LKARNJI
p rate Account'
Date: Friday, 02/06/2023 (Subject Code: 735:~ (Paper-I)
: 10.30 a.m. to 12.30 p.m.
Total Marks: 40
ctions: 1) All questions
2) F' are compulsor
igures to the right . d' Y.
3) Use of c 1 . tn icate marks.
culator ts allowed
• • • • • • • • • • • • • • • • .a••••••••••••
••••••••
•
•••••••••••••••••••
Short answer questio ••••••••■ ■ ■ ••••••• ,
. ns.
) Exp1am the types of Preference Shares.
(5)
What do you mean by Forfeiture Shares~R

Sangit
payableCo.
as: issued 12500 Equity Shares of Rs.100 each at a premium of Rs.SO each
On Application Rs.20
On Allotment Rs.90 (including premium Rs.SO)
On Final Call Rs.40
All installments due were received except the Final Call on 250 shares.
Give Journal Entries to record the above transactions. (S)
OR
Sunshine Co. Ltd. furnishes you the following accounting data
Paid up Equity Share Capital ofRs.250000 in shares ofRs.100 each.
Balance of Revenue Reserve ofRs.200000.
Balance of Share Premium account Rs.50000
Bank Balance Rs.340000
Toe company bought back 500 shares at Rs.400 each.
Pass Journal Entries for buyback of shares.

2) Short answer questions. (S)

a) Define Debentures and state its features.
OR
Explain Sinking Fund Method of redemption of debentures.
. d . d 12000 16% Debentures of Rs.JOO each at a premium of Rs.SO
TeJ Co. Lt . issue ,
payable as follows:
On Application Rs.30_ . remium)
On Allotment Rs.85 (mcludmg p
On First & F~ C_all ~-~\ 4000 debentures. The 3Jl!'licatio:it°~~~ed=::
The Co. received apphcat1ons ; issued to the remaining ~taunants c (5)
reiected and the debentures. we d the above tranSacttons.
collected. Give Journal Entnes to recor
1
 c) Ptuhant Co. Ltd, bas issued OR
Redemption Fund for the 8% D ebentures of Rs.300000: .
purpose of repaying th ti pr_oposes to create
rofits and invests the am e loan, ~~ setting aside Rs. l 5000
a
• p ount
Prepare the Debenture Re in 10% Government Secunties.
demption Fund Account an
om of
Fund Investment Accoun d the Debenture Redem .
t for two years. ption

Q. 3) Short answer qu
estions.
a) Give note on Current
Assets.
OR (5)
a) Explain the Operati
ng Expenses.
b) The paid up capi
tal of the Sughandha Di
Share Capital and Rs.22 stribut~rs Ltd. is ~. 30
5000 Equity Shares Ca 00 00 . 3% Prefe rence
from the books of com pital. Following balance
pany for the vear ended s are extracted
on 31 st March 2022
Particular
Salaries Amount
Surplus Account (er.) 52500
Distribution Expenses 29 25 0
Rent and Taxes 51000
General Expenses 24 000
Sales 6000
Purchases 45 90 00
Freight and Carriage In 238550
ward
Debenture Interest ( for 187S
half year )
Stock on 1st April 2018 2625
Preference Dividend Pa 70 25 0
id
Share Forfeited Accoun 4500
Adjustment- t
1000
1. The value of stock on
31
2. Depreciation on Free • March 2022 was Rs. I 07500.
hold Properties is to be
on Furniture at 6% on Rs provided at 2.5o/, on its
.4200 0. costs Rs. l 70000 and
You are required to prep
ended on 31 st March 20 are the Statement of Pr
22. ofit and Loss of the co
mpany for the ym
b) The Sangam Tradin OR (18)
g Co. Ltd., bad on Au
Equity Shares of Rs.10 tho
0 each. Th e balances as riz.ed Capital of Rs.120000 divid ed into
2022 were as follows: per ledger of the com
pany as at 3 1,1 Ma d
Partiealar
Calls in Arrears Amount
Premises 15 000
Plant and Machinery 600000
Interim Dividend paid 720000
6% Debentures
15 000
Profit and Loss A/C (01.0
4.2021) 600000
S\Dldrv Creditors
29000
tOOOOo
2
 0eneral Reserve
4:'- Government Securities (0I.0S.2018)
f1xnires 50000
120000
sundry Debtors I4400
Goodwill 134000
41500
soooo
cash in hand
Cash at B I79800
ank
Debenture Interest up to 30.09.2018 !8000
Bills payable 76000
share ca ital full called I 0200 shares of Rs. I 00 each I 020000
piepare Balance Sheet as on 31.03.2022 as per Schedule III Part- I of the companies Act 2013
profit for the year after taking into account following adjustment was Rs.! 74380.
t. 'fhe Stock at 31.03.2022 was valued at Rs.302000.
2. J)epreciate Plant and Machinery by I0% and Fixtures 5%.
3, Make Provision for Income Tax to the extent ofRs.50000
4. !',(ake provision for Bad Debts at Rs.6000.
s. provide Final Dividend at 5%,
6. Jnterest on Government Securities is due for the year . (S}

. 4) Short answer questions.

a) Advantages ofTally ERP 9 OR

b) Types of Vouchers in Tally

•••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••