P.G.

DEPARTMENT OF COMMERCE AND RESEARCH CENTRE (Regular)

SRI PARASAKTHI COLLEGE FOR WOMEN, COURTALLAM

(An Autonomous College of ManonmaniamSundaranar University, Tirunelveli)

[Under the Management of HR & C.E. Dept]

Reaccredited with ‘A’ Grade (3.38) by NAAC

FINANCIAL ACCOUNTING – 21UICCom1

CLASS: I [Link]., Date:02.01.2023

Semester: I Time: 3 hr

Marks:75

K Section – A (10 x 1 = 10)

CO [Link].
LEVEL Answer all Questions
CO1 K1 1. The business entity concept can be applied to a __________
a) Sole Proprietor b) Partnership firm c) Company d) All the three
CO1 K2 2. Each transaction is first entered in the
a) Ledger b) Journal c) Trial Balance d) Balance Sheet
CO2 K1 3. Goodwill is
a) a current asset b) an intangible asset c) a tangible asset d) a fictitious
asset
CO2 K1 4. Balance Sheet is a statement of __________
a) Financial position of the organisation b) Profit c) Loss d)
Liabilities
CO3 K3 5. Cost of goods sold Rs. 540000, rate of profit 25% on sales. Amount of
Sales is ________
a) Rs. 640000 b) Rs.720000 c) Rs. 540000 d) Rs. 800000
CO3 K1 6. Total debtors account shows:_______
a) Credit Purchase b) Cash sales c) Credit Sales d) Cash purchase
CO4 K2 7. Under the straight line method, depreciation is calculated on:
a) Written down value b) The original cost c) The scrap value d)
Special value
CO4 K2 8. The amount of machinery depreciation is will be debited to ________
a) Cash Account b) Depreciation Account c) Machinery Account d)
Provision for Depreciation
CO5 K2 9. Hire purchase price includes___________
a)Cash price and interest b) cash price and down payment c) down
payment and interest d)Down payment and sales price
CO5 K3 10. The cost of goods sold on hire purchase is transferred to____________
a) Sales account b) Purchase account c) Hire Purchase trading account
d)Stock account
Section – B (5 X 5 =25)
Answer ALL Questions by choosing either (a) or (b)

CO1 K4 11 a) Give a list of different accounting concepts and conventions.

(OR)
b) Distinguish between book keeping and Accounting.
CO2 K5 12 a) Prepare trading account of Archana for the year ending 31.12.2009
from the following information
 Opening Stock 80000
Purchases 860000
Freight inwards 52000
Wages 24000
Sales 1440000
Purchases Returns 10000
Sales returns 316000
Closing stock 100000
Import duty 30000
(OR)
b) From the following information, prepare balance sheet.
Rs
Capital 500000
Sundry Creditors 50000
Debentures 200000
Sundry debtors 100000
Assets 775000
Cash at bank 25000
Other liabilities 100000
Profit 50000
CO3 K1 13 a) What are the difference between balance sheet and statement of affairs?
(OR)
b) Find out the profit from the following information
Rs
Capital at the beginning 800000
Drawing during the year 180000
Capital at the end of year 900000
Capital introduced during the year 50000
CO4 K3 14 a) What is Depreciation? What are the causes of Depreciation?
(OR)
b) A machine was purchased for Rs. 30000 on 1.1.2006. it is expected to
last for 5 years. Estimated Scrap at the end of 5 years is Rs. 5000. Find out
the rate of depreciation under straight line method.
CO5 K2 15 a) On 1.1.2007, X purchased machinery on hire purchase system. The
payment is to be made Rs. 4000 down (on signing of the contract) and Rs.
4000 annually for three years. The cash price of the machinery is Rs.
14900 and the rate of interest is 5%. Calculate the interest in each year’s
instalment.
(OR)
b) Calculate interest from the following details:
Cash price: Rs. 20000, Rate of Interest: 10%, Down Payment: 20%
Annual instalment:
At the end of the 1st year Rs. 7600
At the end of the 2nd year Rs. 5000
At the end of the 3rd year Rs. 6600
Section- C (5 X 8 =40)
Answer ALL Questions by Choosing either (a) or (b)
CO1 K3 16 a) Record the following transactions in the personal account of Kapil
Date Particulars Rs
Apr 1, 2000 Sold goods to Kapil 6000
Apr 5, 2000 Cash received from Kapil 5800
And allowed discount him 200
Apr 18, 2000 Kapil purchased goods 8000
 Apr 30, 2000 Received cash from Kapil account 4500
May 1, 2000 Balance from last month b/d 3500
May 12, 2000 Sold goods to Kapil 12000
May 22, 2000 Received cash from kapil 4850
And allowed him discount 150
May 31,2000 Received cash in full settlement of Kapil 10250
a/c

(OR)
b) Prepare Trial balance from the following
Rs Rs
Capital 9000 Rent Outstanding 1000
Plant and Machinery 12000 Opening Stock 2000
Purchases 8000 Sales returns 4000
Sales 12000 Investments 14000
Sundry Creditors 8000 Debtors 12000
Bank loan 22000
CO2 K4 17 a) Mr. Kamal provides the following information to the year 2010:
Opening stock-Rs. 25000, Purchases- Rs. 250000, Freight and Cartage-
Rs. 10000. Closing Stock- Rs. 15000, Operating expenses- Rs. 40000,
other income-Rs. 20000 and Sales- Rs. 400000. Calculate Gross Profit and
Net profit of Mr. Kamal.
(OR)
b) From the following trial balance, prepare Trading, Profit and Loss
account and balance sheet of 31.12.2011
Trial Balance
Purchases 11870 Capital 8000
Debtors 7580 Bad debts received 250
Return inwards 450 Creditors 1250
Bank Deposit 2750 Return outwards 350
Rent 360 Bank overdraft 1570
Salaries 850 Sales 14690
Travelling Expenses 300 Bills payable 1350
Cash 210
Stock 2450
Discount allowed 40
Drawings 600
27460 27460
Adjustments:
(i) The closing stock on 31.12.2011 was Rs. 4200
(ii) Write off Rs. 80 as baddebts and create a reserve for bad debts at 5%
on sundry debtors.
(iii) Three months rent is outstanding.
CO3 K2 18  a) From the following details, findout the net credit sales for the year
Rs
Opening balance of Sundry Debtors(Dr) 20000
Cheque collection during the year 180000
Cash Collection during the year 25000
B/R received during the year 5000
Closing balance of sundry Debtors 24000
Bad Debts return off 2500
Discount allowed 1000
Goods returned by customers 2500
 Cheque Dishonour 500
(OR)
 b) Find out purchases and sales from the following details by making
necessary account
Rs
Opening balance of Debtors 30000
Opening balance of Creditors 10000
Collections from Debtors 160000
Discount received 2500
Bad debts 1000
Payment to Creditors 14000
Discount allowed 1500
Returns inwards 2000
Returns outwards 3000
Cash purchases 6000
Cash Sales 10000
Closing balance of Debtors 35000
Closing balance of Creditors 15000

CO4 K5 19 a)A machine purchased on 1stJuly 2003 at a cost of Rs. 14000 and Rs.
1000 was spent on its installation. The depreciation is written off at 10%
on the original cost every year. The books are closed on 31 dec, each year.
The machine was sold for Rs. 9500 on 31st March 2006. Show the
machinery account for all the years.
(OR)
b) On 1.1.2005 Excel Motors Ltd., purchased a machine for Rs. 21000 and
spent Rs. 9000 for erection charges. After using the machine for 3 years, it
was sold for Rs. 24000. Depreciation is charged at 10% on original cost.
Accounts are closed on 31st Dec each year. Prepare Machinery Account
for 3 years.
CO5 K1 20 a) What are the between hire purchase system and instalment purchase
system?
(OR)
b) X purchased a machine under hire purchase system. According to the
terms of the agreement Rs. 40000 was to be paid on signing of the
contract. The balance was to be paid in four annual instalments of Rs.
25000 each plus interest. The cash price was Rs. 140000. Interest is
chargeable on outstanding balance at 20% per annum. Calculate interest
for each year and the instalment amount.
 P.G. DEPARTMENT OF COMMERCE AND RESEARCH CENTRE (Regular)
SRI PARASAKTHI COLLEGE FOR WOMEN, COURTALLAM
(An Autonomous College of ManonmaniamSundaranar University, Tirunelveli)
Reaccredited with ‘A’ Grade (3.38) by NAAC
PRINCIPLES OF MARKETING – 21UICCom2

Date:04.01.2023 Time: 10-1 P.M.

Duration: 3 Hrs Marks:75
K Section – A (10 x 1 = 10)
CO [Link].
LEVEL Answer all Questions
CO1 K1 1. Which of the following is not in marketing concepts?
a) The production concept b) The selling concept
c) The societal marketing concept d) The Supplier Concept
CO1 K2 2. ___________ is a financial institution that allows one country’s currency to be
exchanged for that other country
a)Money Market b) National Market
c) Foreign exchange market d) world market
CO2 K2 3. ______________ is referred to as the process of identify the name of the
producer with the product
a) Branding b) Standardisation c) Grading d) Packing
CO2 K2 4. The first stage of product life cycle is _______________
a) Growth b) Maturity c) Introduction d) Decline
CO3 K1 5. When the manufacturer sells the same product at two or more different prices
is called as _____________
a) Administration pricing b) Monopoly Pricing
c) Dual Pricing d) Skimming pricing
CO3 K3 6. Cost oriented pricing policy is also referred to ___________
a) Cost plus pricing b) Demand plus pricing c) competition plus pricing
d) demand plus competition pricing
CO4 K1 7. Which of the following is the cheapest way of advertising?
a) Media b) Radio c) online d) newspaper
CO4 K3 8. Discount, Coupons and free contest are the examples of ________--
a) Channel of distribution b) Sales promotion
c) Advertising d) Personal selling
CO5 K1 9. The route by which products reach consumers is called __________
a) Retailers b) Wholesalers c) Marketing Channel d) Agents
CO5 K2 10. Which is the high cost way of transportation?
a)Air b) Water c) Railway d) Roadway
Section – B (5 X 5 =25)
Answer ALL Questions by choosing either (a) or (b)
CO1 K1 11 a) What is Market? List out the Classification of markets.
(OR)
b) State the importance of Green Marketing.
CO2 K5 12 a) Evaluate theproduct mix strategy.
(OR)
b) What do you mean by Packaging? What are the types of Packaging?
CO3 K3 13 a) Discuss the Pricing Objectives.
(OR)
b) Briefly explain the pricing policies.
CO4 K2 14 a) Demonstratethe elements inAdvertising Copy.
(OR)
b) State the importance of Advertising.
CO5 K4 15 a) Explain the types of Retailer.
(OR)
b) Discuss the significance of logistics.
Section- C (5 X 8 =40)
Answer ALL Questions by Choosing either (a) or (b)
CO1 K1 16 a) What are the functions of marketing?
(OR)
b) Explain about Service Marketing
CO2 K3 17 a) Explain the stages in Product Life Cycle.
(OR)
b) Identify the process of new product development.
CO3 K4 18  a) Explain the kinds of Pricing(OR)
 b)Analyse the factors affecting price of a product.
CO4 K5 19 a)Appraise the Kinds of Advertising.
(OR)
b) Explain the Methods of sales promotion
CO5 K2 20 a) Explain the types of Channels of Distribution.
(OR)
b) What are the activities involved in Logistics?
 SRI PARASAKTHI COLLEGE FOR WOMEN, COUTRALLAM
DEPARTMENT OF COMMERCE AND RESEARCH CENTRE
I [Link]- SEMESTER I – ALLIED I

SUMMATIVE SEMESTER EXAMINATION – NOVEMBER 2022

BUSINESS COMMUNICATION - 21UIA1Com1

Course Code: 21UIA1Com1 Duration : 3 Hours

Date & Time : 19-12-2022 (2-5 pm) [Link] : 75

CO K Q. SECTION –A (10 x 1=10)

level NO
CO1 K1 1 Which one is the process of exchanging messages between a seller and a
customer?
a) Organisational Communication b) Business Communication
c) Material Communication d) Professional Communication
CO1 K1 2 In oral Communication there is possibility of immediate ______.
a) Reaction b) Response c) Refection d) Reset
CO2 K2 3 Letter written to confirm the order placed is _______.
a) Defective Letter b) Cancellation Letter
c) Acknowledgement Letter d) Enquiry Letter
CO2 K3 4 ___ is sent against an enquiry.
a) Offer b) Quotation c) Reply d) Order
CO3 K1 5 Which letter is drawn to unfreeze the amount locked in debtors?
a) Enquiry Letter b) Order Letter c) Collection Letter d)Complaint Letter
CO3 K1 6 To announce the change in the location of business, which of the following
letter is drawn?
a) Circular Letter b) Sales Letter c) Agency Letter d) Insurance Letter
CO4 K2 7 Account held by business people is____.
a) Saving A/C b) Current A/C c) Recurring A/C d) Fixed Deposit A/C
CO4 K3 8 Loan given on the basis of C’s is ______.
a) Clean Loan b) Secured Loan c) Mortgage d) Hypothecation
CO5 K2 9 A person employed to do act for another is ______.
a) Principal b) Agent c) Brokers d) Consignor
CO5 K2 10 A person possessing goods and selling it in his own name without the
principle’s name is _____.
a) Factor b) Warehouse Keeper c) Broker d) Commission Agent
CO K Q. SECTION –B (5 x 5=25)
level NO Answer all questions in 250 words

CO1 K4 11 a) Explain the need for communication.

(OR)
b)Describe the detail the layout of business letters.
CO2 K2 12 a) How to write a letter of enquiry?
(OR)
b) Explain the essential characteristics of good enquiry letter.
CO3 K3 13 a) Explain the steps involved in writing collection letter.
(OR)
b) Discuss the characteristics of circular letter
CO4 K1 14 a) Classify the types of banking correspondence.
(OR)
b)Write a letter to a customer on behalf of a bank agent giving information
as regards the facilities available in the bank for the safe custody of
valuables.
CO5 K5 15 a) Explain the various types of agencies
(OR)
b) An Indian firm writes a letter for an agency to represent a firm in
America, in Indian market for sales of their products. Draft a letter.
CO K Q. SECTION –C (5 x 8=40)
level NO Answer all questions in 500 words

CO1 K2 16 a) Explain the main barriers to organizational communication.

(OR)
b) “Effective correspondence will add to the beauty of business entity”
Explain.
CO2 K1 17 a) Write an enquiry letter from M/S Jabesh Trading Co. to the Agra General
Merchants asking for details of the woolen clothes and terry cotton clothes.
(OR)
b)You have sent an order for sun-glasses, but the firm failed to supply it
within the specified time. Draft a letter for cancelling the order.
CO3 K3 18 a)M/S Ritesh & Company, Calicut, sent a letter to M/S Kumar &Co., Cochin
asking for the payment of dues. They also sent a statement of accounts to
them. Draft the letter.
(OR)
b) Draft a circular letter to be sent to your customers, offering them a
commodity at cheaper rates, if ordered in bulk, giving suitable reason for
reducing the prices.
CO4 K4 19 a)A customer approached you for a second loan. But being the manager of
the bank, regret the request, as it is not possible to grant a second loan.
(OR)
b) As a bank manager, write a letter to a customer, expressing inability to
grant advance, owing to inadequacy of the security offered.
CO5 K5 20 a) Write a complaint-letter to the principal showing the inconveniences
caused due to the delay in the dispatching of goods.
(OR)
b) Write a letter for a manufacturing company, informing a selling agent of
the decision of the company to terminate the agency.
 SRI PARASAKTHI COLLEGE FOR WOMEN, COURTALLAM
(An Autonomous College of Manonmaniam Sundaranar University)
PG DEPARTMENT OF COMMERCE AND RESEARCH CENTRE
SUMMATIVE SEMESTER EXAMINATION – NOV 2022
MODERN BANKING – 21UIIICCom5
Date & Time: 02-12-2022 (10-1 pm) [Link]: 75
Duration: 3 Hrs

Q.N Section –A (10X1=10)

CO K level
O Multiple Choice Questions - Answer all questions
Which financial institution provided refinance facilities
CO1 K1 1 ( a ) IFC ( b ) SFC
( c ) IDBI ( d ) none of these
Which bank meets the long term requirements of agriculturists
CO1 K1 2 ( a ) Primary cooperative societies ( b ) Land Development Bank
( c ) State Cooperative Bank ( d ) Rural Bank of India
The RBI is the banker to the government when it,
CO2 K2 3 ( a ) Controls the Credit ( b ) Advice the Government
( c ) Issues loans and treasury bills ( d ) none of these
What is the period for which the ways and means the advances are
granted to central and state governments.
CO2 K1 4
( a ) 3 Months ( b ) One months
( c ) 6 Months ( d ) One year
The rate of interest payable on various deposits is determined by
the
CO3 K2 5
( a ) Head office of the each bank ( b ) Central Government
( c ) Reserve Bank of India ( d ) Indian Bank Association
The best suited deposit for a trading community is
CO3 K3 6 ( a ) Savings Deposit ( b ) Fixed Deposit
( c ) Current Deposit ( d ) Recurring Deposit
The following one is a negotiable instrument , negotiable by usage
or custom
CO4 K1 7
( a ) Bill of Exchange ( b )Accommodation Bill
( c ) Promissory Note ( d ) Share Warrant
The most important feature of a negotiable instrument is
CO4 K2 8 ( a ) Free transfer ( b ) Transfer free from deposits
( c ) Right to Sue ( d ) ( a ) and ( b ) together
The Important delivery channel of E-Banking is
( a ) Home banking ( b ) Tele banking
CO5 K2 9
( c ) Internet banking ( d ) Mobile banking
 The biggest constraint in E- Banking is
CO5 K3 10 ( a ) Start-Up cost ( b ) Maintenance cost
( c ) Training cost ( d ) Security cost

Q.N Section B (5x5=25)

CO K level
O Answer ALL questions by choosing either (a) or (b
K4 ( a )Analyze the services rendered by NABARD
CO1 & 11 ( or )
K5 ( b ) Evaluate the role of Co-operative bank
K3 ( a ) Identify the needs for credit control
CO2 & 12. ( or )
K5 ( b ) Explain the following (i) REPO RATE (ii)CCR
K3 ( a ) Identify the different kinds of deposits
CO3 & 13. ( or )
K2 ( b ) Classify the different kinds of account holders.
K1 ( a ) What are the features of Negotiable Instrument?
CO4 & 14. ( or )
K4 ( b ) Distinguish between Cheque and Bills of Exchange
K1 ( a ) List out the popular E-Banking transactions.
CO5 & 15. ( or )
K2 ( b ) Explain in brief the features of E-Cheque

Q.N Section C (5x8=40)

CO K level
O Answer ALL questions by choosing either (a) or (b)
K2 ( a ) Explain the functions of EXIM Bank
CO1
& 16 ( or )
K3 ( b ) Identify the Innovative services of commercial bank
K5 ( a ) Explain the functions of RBI
CO2
& 17 ( or )
K2 ( b ) Compare the qualitative and Quantitative measure
K4 ( a ) Analyze the procedure for opening and Closing accounts
CO3
& 18 ( or )
K3 ( b ) Identify the Banker and Customer Relationship
K1 ( a ) What is a negotiable instruments ? Explain its different kinds
CO4
& 19 ( or )
K1 ( b ) List out the different forms of crossing and their significance
( a ) Explain the features of E-banking and bring out its merits and
K5
CO5 demerits.
& 20
( or )
K4
( b ) Classify the techniques of E-Cheque
 P.G. DEPARTMENT OF COMMERCE AND RESEARCH CENTRE (Regular)
SRI PARASAKTHI COLLEGE FOR WOMEN, COURTALLAM
(An Autonomous College of Manonmaniam Sundaranar University, Tirunelveli)
[Under the Management of HR & C.E. Dept]
Reaccredited with ‘A’ Grade (3.38) by NAAC
SUMMATIVE SEMESTER EXAMINATION – NOVEMBER 2022
COMPUTER APPLICATION IN BUSINESS – 21UIIIDECom1
Date & Time: 05-12-2022 (10-1 pm) Marks : 75
Duration : 3 Hrs
Course Knowledge [Link] SECTION – A
Outcome Level Answer All Questions (10 x 1 = 10)

CO 1 K1 1. Which is the main memory of computer?

a) CD b) DVD
c) Internal hard drive d)RAM
CO 1 K1 2. Who is the father of Computers?
a) James Gosling b) Charles Bobbage
c.) Dennis Ritchie d) Bjarne
CO 2 K1 3. ----------- is not in MS word
a) Italic b) Font
c.) Bold d) Magic tool

CO 2 K2 4. -------- is a landscape
a) Page Orientation b) Paper size
c.) A font style d) Page Layout
CO 3 K2 5. What are the basic rectangular building blocks of a
spread sheet?
a) Cells b) Zoom slider
c.) Help Button d) Top arrow
CO 3 K2 6. Another name for a pre programmed formula in Excel is
a) Cell b) Graph
c.) Function d) Range

CO 4 K1 7. In the formula, which symbol specifies the fixed rows or

columns?
a) $ b) * c) % d) ;
CO 4 K3 8. Tab scroll buttons are place on Excel Screen?
a) Towards the bottom right corner
b) Towards the bottom of left corner
c) Towards the top right corner
d) Towards the top left corner
CO 5 K2 9. ------------ menu to create a textbox on a slide
a) View → Text box
b) Tools → Text box
c) Insert → Text box
d) Format → Text box

CO 5 K3 10. ---------- is the easiest way to place same graphic in same

place in all slides.
a) Place graphic in Notes Master
b) Place graphic in slide Master
c) Place graphic in handout Master
d) Place graphic manually in all slide
 SECTION – B
Choose either (a) or (b) ( 5 x 5 = 25)

CO 1 K1 11. a) What is a computer? Give its Characteristics.

(OR)
b) Why computers are used in different fields?
CO 2 K2 12. a) Compare the page numbers with book marks in MS
word.
(OR)
b) Demonstrate how tables are working in MS word.
CO 3 K3 13. a) Plan the features of MS Excel.
(OR)
b) How do you identify the formatting options available
in worksheets.
CO 4 K4 14. a) Examine the Pvfunctions in Excel.
(OR)
b) Assume the use of formulas in excel? And how do we
create?
CO 5 K5 15. a) Highlight the important features of MS PowerPoint.
(OR)
b) Determine how we are perform editing fields in MS –
access.
SECTION – C
Choose either (a) or (b) ( 5 x 8 = 40)

CO 1 K1 16. a) List the components of computers in detail.

(OR)
b) How the networks are classified ? explain its types.
CO 2 K2 17. a) Demonstrate the Mail merge concept in MS-word.
(OR)
b) Explain the header and footer options in detail.
CO 3 K3 18. a) Develop the applications of spreadsheets in business?
(OR)
b) Identify the types of charts available in Ms-Excel.
CO 4 K4 19. a) Analyze the uses of financial functions in Ms-Excel.
(OR)
b) Examine how the statistical functions are useful in
business.
CO 5 K5 20. a) Explain the data base tables which are working in Ms-
access.
(OR)
b) Compare how the tables and charts are inserted in Ms-
PowerPoint.
 SRI PARASAKTHI COLLEGE FOR WOMEN, COURTALLAM

(An Autonomous College of Manonmaniam Sundaranar University, Tirunelveli)

[Under the Management of HR & C.E. Dept]

Reaccredited with ‘A’ Grade (3.38) by NAAC

P.G. DEPARTMENT OF COMMERCE AND RESEARCH CENTRE (Regular)

BUSINESS MATHEMATICS – 21UIIIA2COM1

Date: 07-12-2022 (10-1 pm) Marks:75

Duration: 3 Hrs

K Section – A (10 x 1 = 10)

CO [Link].
LEVEL Answer all Questions
CO1 K1 1. The compound interest on Rs.1000 at 10% per annum for 2 years is
a) 200 b) 210 c) 220 d)205
CO1 K2 2. If the true discount on a sum due 2 years hence at 5% per annum be
Rs.75, then the sum due is
a) Rs.750 b) Rs.825 c) 875 d) 800
CO2 K2 3. The ratio of a to b is the written as
a) a:b b) a x b c) a+b d) a-b
CO2 K1 4. The duplicate ratio of 3:5
a) 5:3 b) 9:25 c) 6:15 d) 15:25
CO3 K1 5. The set of all odd numbers less than 7, denoted by P as
a) P={1,3,5} b) P={0,3,5} c) P={2,4,6} d) P={5,6,7}
CO3 K2 6. If S=f(p), S=Sales volume, p= price, what represent f is
a) Relation b) function c) operation d) None of these
CO4 K3 7. If Two matrices can be added only they are of the ____ order
a) Same b) different c) unit d) null
CO4 K3 8. A = [ 7 6 -5 4] is an
a) 1 X 4 matrix b) 1 X 1 Matrix c) 4 X 4 Matrix d) None of these
CO5 K1 9. ____ is the branch of Mathematics which deals with changes in
related variables
a) Matrix b) Calculus c) Average d) Ratio
CO5 K2 10. In=f P=pq– C(q), pq is Revenue C(q) is cost what represent P is
a) Production a) Promotion c) Product d) Profit

Section – B (5 x 5=25)
K
CO [Link]. Answer ALL Questions by choosing either (a) or (b)
LEVEL
CO1 K1 11. a) A man deposits a certain sum of money into a bank. It amounts to
Rs.12,325 in 8 years and amounts Rs.13,565 in 10 years. Find the sum
invested and also the rate of simple interest offered by the bank.
(or)
b) The banker’s discount is Rs.275, and true discount Rs.250. Find the
amount of the bill and rate of interest.

CO2 K3 12 a) Solve the total amount Rs.1024 in the ratio 9:7

(or)
b) Identify the
 fourth proportional to 3,7,15
 Mean proportion between 8 and 32

CO3 K4 13 a) Conclude a function from S1 to S2 where

S1 ={a, b, c, d} and S2 = {1,2,3,4}

(or)
b) If f(x) = x2 – 3x+16 Test f(1) and f(2)
CO4 K5 14 1 2 0 −1
a) IF A = , B= what is the value of AB
3 4 6 7

(or)
2 0 9
b) Estimate the value 3A if A = −1 6 11
4 8 −11

CO5 K2 15 a) Analyse dy/dx if

x4 - 9
x2 +3
(or)
b)Explain the simple marketing model
K Section- C (5 X 8 =40)
CO [Link].
LEVEL Answer ALL Questions by Choosing either (a) or (b)
CO1 K1 16 a) A machine costing Rs.35,000 whose expected life time is 10 years was
purchased. What is scrap value at the end of its life, depreciation on the
reducing instalment system being charged at 10% p.a
(or)
b) A producer sells a sofa set listed at Rs.12,000 to a retailer allowing a
trade discount of 20% and cash discount 10%. The retailer in turn sells it
allowing 10% discount and gaining 25% profit on the cost. Find the sales
price and also find out the marked price of the retailer.
CO2 K2 17 a) In a mixture of 28 litres, the ratio of milk and water is 5:2. If 2 litres of
water is added to the mixture, infer the ratio of milk and water in the new
mixture.
(or)
b) If a:b=2:5, show (3a+4b) : (4a+5b)
CO3 K3 18 1
a) If g(x) = Solve
𝑥−1
i) g(0) ii) g(1) iii) g(-1) iv) g(2)

(or)
b) In a survey of 100 families the numbers that read the most recent issues
of various magazines were found to be as follows:

Readers Digest 28
Readers Digest and Science Today 8
Science Today 30
Readers Digest and Caravan 10
Caravan 42
Science Today and Caravan 5
All the Three Magazines 3

Using set theory, Identify

(i) How many read none of the three magazines?
(ii) How many read Caravan as their only magazines?
(iii) How many read Science Today, if and only if they read Caravan?

CO4 K5 19 2 3 5 −2 0 2
a) If A = B = and C =
−1 4 −1 6 1 −3

Prove (A+B)+C = A+(B+C)

(or)

2 2
b) Find the value of inverse of A =
3 5

CO5 K4 20 𝑑
a) Simplify (2x2 +5 log x) (3x4 + 7x3)
𝑑𝑥

(or)
b) A manufacturer can sell x items per month at a price of
p = 300 – 2x rupees. Producing x items costs the manufacturer y rupees
where y = 20x +1000, Discover How much production will yield
maximum profits?
 SRI PARASAKTHI COLLEGE FOR WOMEN , COURTALLAM
An Autonomous College of The Manonmaniam Sundaranar University
Reaccredited with “A” Grade (3.38) by NAAC
Under the management of H.R & [Link]
NON- MAJOR ELECTIVE – I
ACCOUNTING PRACTICES – 21UIIINECom1

Date & Time: 09-12-2022 (10-12 pm) Max. Marks : 50

Duration: 2 Hrs
SECTION –A
Answer all the questions (10 x 01 =10)
Course K [Link]. Section- A
Outcome Level Answer All Questions (10 x 1 =10)
CO1 K1 1 The debts owing to others by the business is known as
a) liabilities b) expenses c) debtors d) None of these
CO1 K1 2 As per dual aspect concept, every business transaction has
a) three aspects b) one aspect c) two aspects d) None of these
CO2 K2 3 Which of the following is correct?
a) Capital = Assets + Liabilities
b) Capital = Assets – Liabilities
c) Assets = Liabilities – Capital
d) All
CO2 K2 4 Posting on the credit side of an account is written as
a. To b. By c. Being d. None
CO3 K2 5 Credit sales are recorded in
a) sales book b) cash book c) journal proper d)purchase book
CO3 K2 6 The balance of cash book indicates
a) net income b) cash in hand
c) difference between debtors and creditors d) Gross Income
CO4 K1 7 Trial balance is prepared to find out the
a) profit or loss b) financial position
c) arithmetical accuracy of the accounts d) None of these
CO4 K1 8 Suspense account in the trial balance is entered in the
a) Trading A/c b) Profit and loss A/c
c) Balance sheet d) None of these
CO5 K3 9 Balance sheet is a
a) statement b) account c) ledger d) List
CO5 K3 10 Net profit is added to
a) gross profit b) drawings c) capital d) wages

Course K [Link]. Section- B

Outcome Level Answer All Questions by choosing either (a) or (b) (5 x 3 =25)
CO1 K2 11a What do you mean by accounting?
(OR)
11b. What do you mean by materiality principle?
CO2 K4 12a July 13, 2022 – Received cash Rs.24,700 from Shanthi in full settlement of
her account of Rs.25,000. Pass Journal Entries.
(OR)
12b Deepak is a dealer in stationery items. From the following transactions,
pass journal entries for the month of January and February, 2018.
Jan. `1 Commenced business with cash 2,00,000
2 Opened a bank account by depositing cash 1,00,000
3 „A 4 papers‟ sold on credit to Padmini and Co. 60,000
4 Bills received from Padmini and Co. for the amount due
5 Bills received from Padmini and Co. discounted
with the bank 58,000
Feb.15 Bills of Padmini and Co. dishonoured
 CO3 K3 13a Enter the following transactions in Returns Inward Book:
2022 April 6 Returned by Shankar 30 shirts each costing Rs.150, due to
inferior quality.
8 Amar Tailors returned 10 Baba suits, each costing Rs.100, on account of
being not in accordance with their order.
21 T.N. Stores returned 12 Salwar sets each costing Rs.200,being not in
accordance with order
(OR)
13b Enter the following transactions in a single column cash book of
[Link].
2021 Jan 1 Started business with cash ... Rs. 1,000
3 Purchased goods for cash ... Rs. 500
4 Sold goods ... Rs. 1,700
5 Cash received from Siva ... Rs. 200
12 Paid Balan ... Rs. 150
14 Bought furniture ... Rs. 200
15 Purchased goods from Kala on credit ... Rs. 2,000
20 Paid electric charges ... Rs. 225
24 Paid salaries ... Rs. 250
28 Received commission ... Rs. 75
CO4 K1 14a What are the advantages of a Trial Balance?
(OR)
14b What are the objectives of preparing a Trial Balance?
CO5 K5 15a Prepare a Trading Account from the following information of a trader.
Total purchases made during the year 2021 Rs.2,00,000.
Total sales made during the year 2021 Rs.2,50,000
(OR)
15b From the following information, prepare a Trading Account for the year
ended 31.12.2021.
2021 Jan 1 Opening stock Rs.15,000
2021 Dec 31 Purchases Rs.16,500
Sales Rs. 30,600
Closing stock Rs. 13,500

Course K [Link]. Section- C

Outcome Level Answer All Questions by choosing either (a) or (b) (5 x 5 =25)
CO1 K2 16a Briefly explain the users and their need for accounting information.
(OR)
16b Briefly explain the various accounting concepts.

CO2 K4 17a Journalise the following transactions in the books of Amar and
post them in the Ledger:-
2022 March1 Bought goods for cash Rs. 25,000
2 Sold goods for cash Rs. 50,000
3 Bought goods for credit from Gopi Rs.19,000
5 Sold goods on credit to Robert Rs.8,000
7 Received from Robert Rs. 6,000
9 Paid to Gopi Rs.5,000
20 Bought furniture for cash Rs. 7,000
(OR)
17b The following are the transactions of Kumaran, dealing in stationery items.
Prepare ledger accounts.
2017 June 5 Started business with cashRs.2,00,000
8 Opened bank account by depositingRs.80,000
12 Bought goods on credit from Sri Ram forRs.30,000
15 Sold goods on credit to Selva forRs.10,000
22 Goods sold for cashRs.15,000
25 Paid Sri RamRs.30,000 through NEFT
28 Received a cheque from Selva and deposited the same in bank Rs.10,000
CO3 K5 18a Prepare a Double Column Cash Book from the following transactions of
[Link]: Rs.
2004 Jan. 1 Cash in hand 4,000
6 Cash Purchases 2,000
10 Wages paid 40
11 Cash Sales 6,000
12 Cash received from Suresh and 1,980
allowed him discount 20
19 Cash paid to Meena 2,470
and discount received 30
27 Cash paid to Radha 400
28 Purchased goods for cash 2,070
( OR)
18b Prepare Petty Cash Book on imprest system from the following particulars.
2021 Sept. 1. Received for petty cash payments Rs.1,000
4. Paid for stationery Rs. 140
9. Paid for postage Rs.80
10. Paid for printing charges Rs. 150
11. Paid for carriage Rs. 125
17. Paid for telegrams Rs.25
20. Purchased envelops Rs. 30
21. Paid for coffee to office staff Rs. 30
22. Paid for office cleaning Rs. 50
30. Paid to Rajesh Rs. 200
CO4 K1 19a The following balances were extracted from the ledger of [Link]
as on 31st March 2021. You are required to prepare a trial balance as on that
date.
Rs. Rs.
Drawings 60,000 Salaries 95,000
Capital 2,40,000 Sales return 10,000
Sundry creditors 4,30,000 Purchases return 11,000
Bills payable 40,000 Commission paid 1,000
Sundry debtors 5,00,000 Trading expenses 25,000
Bills receivable 52,000 Discount earned 5,000
Plant & Machinery 45,000 Rent 20,000
Opening stock 3,70,000 Bank overdraft 60,000
Cash in hand 9,000 Purchases 7,08,000
Cash at bank 25,000 Sales 11,80,000
(OR)
19b The following balances were extracted from the ledger of Rahul on 31st
March, 2021. You are requested to prepare a trial balance as on that date in
the proper form.
Rs. Rs.
Salaries 36,320 Purchases
1,44,670
Sales 1,73,500 Sundry Debtors
1,430
Plant & Machinery 34,300 Travelling Expenses
2,630
Commission Paid 1,880 Carriage Inward
240
Stock on 1.4.2002 11,100 Sundry Creditors
14,260
Repairs 1670 Capital, 1.4.2002
62,500
Sundry Expenses 460 Drawings 3,500
Returns Inward 1,000 Cash at Bank 1,090
Discount Allowed 1,150 Returns Outward
400
Rent and Rates 3,220 Investments
6,000
CO5 K3 20a Prepare Trading and Profit Loss Account for the year ending 31stMarch 2021
from the books of Mr. Siva Subramanian.
Rs. Rs.
Stock (31.3.2020) 15,000 Carriage outwards 4,000
Purchases 1,65,000 Wages 30,000
Purchases return 10,000 Sales return 5,000
Postage 3,000 Salaries 20,000
Discount received 5,000 Stationeries 2,000
Bad debts 1,000 Interest 8,000
Sales 3,00,000 Insurance 4,000
Stock (31.3.2021) 80,000
(OR)
20b From the following Trial Balance of M/s. Ram & Sons, prepare Trading and
profit and loss account for the year ending on 31st March 2022 and the
balance sheet as on the date:
Trial Balance as on 31st March 2022
Particulars Debit Credit
Rs. Rs.
Opening Stock (1.4.2021) 5,000
Purchases 16,750
Discount allowed 1,300
Wages 6,500
Sales 30,000
Salaries 2,000
Travelling expenses 400
Commission 425
Carriage inward 275
Administration expenses 105
Trade expenses 600
Interest 250
Building 5,000
Furniture 200
Debtors 4,250
Creditors 2,100
Capital 13,000
Cash 2,045 ______
45,100 45,100
================
Stock on 31st March 2002 was Rs. 6,000.
 SRI PARASAKTHI COLLEGE FOR WOMEN, COURTALLAM
(An Autonomous College of the Manonmaniam Sundaranar University)
Re-accredited with ‘A’ Grade (3.38) by NAAC
(under the Management of H.R. & C.E. Dept.)
PG Department of Commerce and Research Centre
SUMMATIVE SEMESTER EXAMINATION – NOVEMBER 2022
INCOME TAX - I- VCCOM11
Date & Time: 29-11-2022 (10-1 pm) Marks: 75
Duration : 3 Hrs
Section -A (10X1 = 10Marks)
Answer all the questions
1. Who is resident?
2. Define the term ‘previous year’ and ‘Assessment year’
3. What is tax - free perquisites?
4. Define Pension?
5. Write a note an self occupied property
6. What is annual value?
7. Define clearly the term ‘profession’
8. State any four inadmissible expenses.
9. What is meant by long term capital gain?
10. What is causal income?

Section- B (5 X 5 = 25 marks)
Answer all the questions

11. a) Explain the various kinds of Agricultural Income.

(OR)
b) On 1-6-2019 ‘B’ a Malaysisan citizen left India after a continuous stay of 10 years.
During the financial year 2020-21, he came back to India and stayed for a period of 46
days and left. In the previous year 2021-22, he came back to India on 10-10-2021 and
stayed here thereafter for one year.
Determine ‘B’ residential status for the assessment year 2022-23.

12. a) Explain profits in lieu of salary.

(OR)
b) Smitha is an employee of a partnership firm. She submits the following
information:
Basic salary Rs.30,000 per month. Dearness allowances : Rs.8,000 per month (1/4 of
which is part of salary for retirement benefits) Employer’s contribution to provident fund
Rs.4,000 per month. (smitha makes an equal contribution) Interest credited at the rate of
15 % Rs.30,000. Commission received by her on turnover, Rs.10,000. fixed commission
per month Rs.3,000. Bonus Rs.5,000. Children hostel expenditure allowance received for
3 of her children Rs.15,000.
Find out the Gross income of Smitha if he Provident fund is i) statutory provident fund ii)
unrecognised provident fund.

13. a) Shri. Jayaraj owns a property at Chennai (Municipal value Rs.1,60,000; fair rent
Rs.1,80,000; Standard Rent Rs.1,50,000). The house is let out up-to September
30,2021(monthly rent being Rs.15,000). From October 1, 2021 the property is self
occupied for own residential purpose. Find out the gross annual value for the assessment
year 2022-23.
(OR)
b) Arul owns a residential house property. It comprises two equal residential units -
units 1 and unit 2. while unit 1 is Self occupied by Arul for his residential purpose, unit II
is let(rent being Rs.5,000 p.m). Municipal value of the property is Rs.1,20,000; Standard
Rent is Rs.1,30,000 and fair rent is Rs.1,50,000. Find the gross annual value of the
property for the assessment year 2022-23.
14. a) Mr. Rajan submits the following particulars of his business from which you
calculate the income from business:
Net profit as per P/L a/c (after charging the following) Rs.1,25,000.
a) Sales tax Rs.20,000 and Income Tax Rs.55,000.
b) Bad debts provision Rs.3,000.
c) Commission to procure business order Rs.8,000.
d) Int. On capital Rs.38,000.
e) Depreciation Rs.4,000(but as per income tax rules Rs.2,000 Only)
(OR)

b) From the followings, compute the taxable income under the head income from
business, profit before adjusting the following items is Rs.5,50,000.
Administration expenses - Rs.10,000
Trade expenses -Rs.5,000
House hold expenses - Rs.3,000
Discount allowed -Rs.4,000
Income tax -Rs.2,000
Provision for bad debts - Rs.2,000
Bad debts - Rs.3,000
Donation to P.M National relief fund - Rs.4,000
Legal fee - Rs.200

15. a) What is capital gain? Distinguish the short term and long term capital gain.
(OR)
b) Compute ‘Income from other sources’ from the following information for the
financial year 2021-22
` I. Amount won from :
Lottery -Rs.80,000 ;Betting on Horse Racing - Rs.8,000
II. Amount received from:
Lottery -Rs.63,000; Betting on Horse Racing - Rs.42,000
III. Income from:
Lottery - Rs.1,800; Betting on Horse Racing -Rs.1,000

Section- C (5 X 8= 40 marks)
Answer all the questions
16. a) ‘R’ had the following income during the previous year 31-3-2022.
i. salary received in India for three months - Rs.9,000
ii. Income from House property in India(computed) -Rs.13,470
iii. Interest on savings bank deposits in SBI - Rs.1,000
iv. Amount brought into India out of the past un-taxed profits earned in Germany
- Rs. 20,000
v. Income from agriculture in Indonesia being invested in India - Rs.12,350
vi. Income from business in Bangladesh, being controlled from India - Rs.10,150
vii. Dividend received in Belgium from French companies out of which Rs.2,500
were remitted to India - Rs.23,000
You are required to compute his total income for assessment year 2022-23, if he is
(a) Resident; (b) Not ordinarily resident; (c) Non- resident
(OR)
(b) compute the Agricultural income of [Link] for assessment year 2022-23.
a) Income from self cultivated land Rs.75,000
b) Rent of agricultural land Rs.80,000
c) Annual value of house given to tenants Rs.6,000
d) Interest on loan borrowed to purchase agricultural land Rs.15,000
e) Collection charges on recovery of Rent for agricultural Land Rs.500
f) Land revenue paid to Govt. Rs.1,000
g) Labour charges Rs.300
h) Depreciation of equipment Rs.800
i) Purchase of seeds and fertilizers. Rs.3,000
j) Interest on arrears of land revenue received from Tenants Rs.15,000
k) Business income Rs.90,000
17. a) From the following details compute the income of ‘A’ who is employed by R
Ltd. for the assessment year 2022-23.
i) Basic salary -Rs.1,16,000
ii) Dearness allowance (considered for service benefits) -Rs.28,000
iii) High cost of living allowance -Rs.30,000
iv) House rent allowance (actual rent paid is Rs.60,000 in Delhi)- Rs.48,000
v) Commission (at 2 % of turnover achieved by A) - Rs.18,000
vi) Insurance premium of ICICI prudential on policy in the name of Mrs.A (sum
assured Rs.2,00,000) paid by ‘A’ - Rs. 44,000
vii) Own life LIC premium paid Rs.90,000
viii) Deposit in PPF Rs.70,000
On 10th March,2022’R’ Ltd. Offers equity shares to employees at the rate of Rs.410
per share( Market price Rs.600 per share on 10th March, 2022). ‘A’ accept the offer
and as per terms of the offer applies for 500 shares on 20th March 2022( Market
price on 20th March, 2022 Rs.590 per share).
Calculate the amount eligible for deduction u/s 80C.
(OR)
b) Mrs. X, an employee of Tamilnadu Government submits the following information
relevant for the assessment year 2022-23.
Salary : Rs.86,000, Entertainment allowance : Rs.8,000, Bonus Rs.10,200,
Education allowance Rs.4,000(for her grand children). Income tax penalty paid by
employer: Rs.2,000. Medical expenses reimbursed by employer: Rs.2,000. Leave
travel concession: Rs.1,000, Free residential telephone Rs.4,000, Free refreshment
during office hours Rs.4,000. Payment of Electricity Bills by employer: Rs.1,060.
Reimbursement of gas bills Rs.1,000, Professional Tax paid by employer: Rs.300,
professional tax paid by Mrs.X : Rs.150.
Mrs.X is provident with a car of more than 1.6 ltr for both personal and office use
and expenses of maintaining and running the car with chauffeur are borne by the
employer.
Contribution to PPF Rs.1,20,000
(principal amount ) Repayment of Loan taken for purchase of house:Rs.70,000.
Determine the taxable salary and amount deductible u/s 80C.

18. a) Sanjay owns 3 houses two of which ae Self occupied, the particulars of which are
as under.

House 1 House House

Rs Rs Rs
Municipal value 70,000 1,00,000 2,00,000
Fair rental value 82,000 1,30,000 2,20,000
Standard rent ------- 1,10,000 2,30,000
Actual rent ------- --------- 2,00,000
Repairs 10,000 20,000 5,000
Insurance 6,000 7,000 3,000
Municipal taxes 5,000 10,000 15,000
Land revenue 8,000 3,000 4,000
Interest on money borrowed for construction of the property II is Rs.50,000. Date of
borrowings of loan is 1.10.2018. Find the net income from the house property.
(OR)
b) from the particulars furnished by Suman for the previous year ending March 31, 2022.
Compute the taxable income from house property for the assessment year 2022- 23.
He owns a house property at a metro city.
Its Fair rental value per annum is Rs.27,000 and Municipal value Rs.24,000. The house
was let out from April 1, 2021 to August 31,2021 @ Rs.2,100 per month. From
September 1,2021, Suman occupied the house for his residence.
Expenditure incurred and paid on the property: a) Municipal tax Rs.4,000
b) fire insurance Rs.2,500 c) Land revenue Rs.4,600 and d) Repair Rs.1,000.
Interest paid on borrowings for construction : a) for the year Rs.21,600 b) proportionate
pre construction interest Rs.12,960.
19. a) Explain the various incomes chargeable to tax under the head ‘profits and gains of
business or profession’.
(OR)
b) Kumar a lawyer by profession keeps his cash book as per cash system of accounting.
The following is the summary of his cash book for the year ended 31st march 2022.
Receipts Rs Payments Rs
To Balance 5,000 By Rent of chamber 2,400
Fees 35,000 Car expenses 3,600
Remuneration 3,000 Household expenses 12,000
examiner
Interest on bank 2,500 Local taxes for the house 1,200
deposits
Rent from house 8,000 Repairs of the house 4,000
property
Dividends 1,600 LIC premium for self 4,800
Cost of books for 4,000
profession
Medical treatment of self 5,000
By Balance 18,100
55,100 55,100
Additional information:
a) 1/3 of the house is used by Kumar for his own residence.
b) Kumar is insured for Rs.40,000
c) Kumar has to get Medical treatment for an eye ailment caused by intensive study of
law books.
d) 1/2 of the car expenses relate to personal use of the car by Kumar.
Depreciation computed at the prescribed rate on the written down value of the Car is
Rs.2,000
Compute his income from profession.

20 a) [Link] owned two motor cars which were mainly used for business
purposes. The written down value on April 1, 2021 of these cars is Rs.1,81,000. the block
of assets comprising of only these two cars, was sold in June 2021, for Rs.1,50,000. In
September 2021, he sold 1,000 shares in X Ltd. (unlisted) an Indian Company, for Rs.
30,00,000. He had purchased the same during March, 2005 for Rs.3,10,000. A House plot
purchased in March, 2011 for Rs.3,00,000 was sold by him for Rs.9,35,000 on January
18,2022. (CII 2010-11: 167, 2004-05: 113, 2021-22: 317)
Compute the capital gains chargeable to tax in respect of the above transactions for the
assessment year 2022-23.
(OR)
b) Compute the income from other sources of Miss. Anu from the followings details
furnished:
1. She holds Rs.50,000, 10% tax free Government securities.
2. She received Rs.10,000, interest on Tamilnadu state government securities.
3. She holds 1,00,000, 10% Tax free debentures of P &R Co. Ltd.(Listed)
4. Rs.12,000, interest was received by her on Tax free securities of a Ltd.
Company.
5. Rs.60,000, 15% debentures are held by her in a Ltd Co.
6. Rs.8,000, interest was received by her on securities of a paper mill
company(Listed)
 SRI PARASAKTHI COLLEGE FOR WOMEN , COURTALLAM
An Autonomous College of The Manonmaniam Sundaranar University
Reaccredited with “A” Grade (3.38) by NAAC
Under the management of H.R & [Link]
P.G. DEPARTMENT OF COMMERCE AND RESEARCH CENTRE
SUMMATIVE SEMESTER EXAMINATION – NOVEMBER 2022
CORPORATE ACCOUNTING- VCCom12
Date & Time: 01-12-2022 (10-1 pm) Max. Marks : 75
Duration : 3 Hrs

SECTION –A
Answer all the questions (10 x 01 =10)

01. What is a share?

02. What are calls in arrears?
03. What is the Meaning of redeemable Preference shares?
04. What is Capital Redemption Reserve?
05. What is dividend?.
06. What is reserve fund?
07. What is called amalgamation?
08. What is absorption?
09. What is called internal reconstruction?
10. What is sub-division of shares?

SECTION –B
Answer all the questions (05 x 05 =25)

11. a) A Ltd. issued 10,000 shares to the general public. Share value of Rs.10 will be
collected as follows: On application Rs.2; on allotment Rs.4; on first and
second call Rs.2 each. All the shares are subscribed by the public. Pass journal
entries.
(Or)
b) R Ltd. Company issued 1,00,000 shares of Rs.10 each payable as under: Rs.2
on application; Rs.3 on allotment; Rs.3 on first call and Rs.2 on final call. The
public applied for 90,000 shares. These shares were allotted. The final call was
not made. All the money due on these shares was received except the first call
on 400 shares. . Pass journal entries.

12. a) A company had as part of its share capital 1,000 redeemable preference shares
of Rs.100 each fully paid up. When the shares became due for redemption, the
company had Rs.60,000 in its reserve fund. The company issued necessary
equity shares by Rs.25 specifically for the purpose of redemption and received
cash in full. Make the necessary journal entries recording the above
transactions
(Or)
b) A company had as a part of its share capital, 1,000 redeemable preference
shares of Rs.100 each fully paid-up. When the shares became due for
redemption, the company has Rs.60,000 in its reserve fund. The company made
minimum new issue of equity shares of Rs.25 each necessary for the purpose of
redemption and received cash in full. Make the necessary journal entries
recording the above transaction.

13. a. Show how you will exhibit the following items in the balance sheet of a company
as on Dec.31, [Link] cost of building Rs.4,00,000; Book value of building on
1st Jan.2016 Rs.2,80,000; Depreciation to be written off at 5% on written down
value.
(Or)
b. From the following particulars, show how the fixed asset machinery should be
shown in the balance sheet of the company as on 31st Dec.2016. Cost of machinery as
per balance sheet Rs.2,40,000; Amount purchased during the year Rs.12,000; Cost of
machinery sold during the year Rs.7,000; Depreciation Rs.10,000
14. a) Calculate purchase consideration:
a. A cash payment equivalent to Rs.2.50 for every Rs.10 share in Green Ltd. (No. of
shares 60,000)
b. The issue of 90,000 shares of Rs.10 fully paid, in White Ltd. having an agreed
value of Rs.15 per share.
c. The issue of 5% debentures of White Ltd. for 6% Debentures of the Green Ltd.
(Rs.1,00,000) at a premium of 20%.
(Or)

b) A company purchased assets of Rs.3,50,000 and took over the liabilities of

Rs.30,000. It agreed to pay the purchase price Rs.3,30,000 by issuing debentures
of Rs.100 each at a premium of 10%. Pass journal entries.

15. a) X Ltd. with a share capital of 1,00,000 equity shares of Rs.10 each fully paid
decides to repay members Rs.2 per share thus making each share of Rs.8 fully
paid. Give journal entry.
(Or)
b) In order to eliminate the accumulated losses of Rs.45,000 from the balance
sheet, a company has decided to convert its 15,000, 7% preference shares of
Rs.10 each, Rs.6 per share paid. Show journal entries in the books of company.

SECTION –C
Answer all the questions (05 x 08 =40)

16. a) A company with an authorized capital of Rs.25 Lakhs issued a prospectus

inviting applications for 1 Lakhs shares of Rs.10 each and the terms of
payment: On application – Rs.5; on allotment - Rs.2.50 and on first and final
call Rs.2.50.
The company’s offer was oversubscribed by 10,000 shares. The amount due on
allotment was received in full. Excess share application money was returned.
There were calls in arrears to the tune of Rs.50,000 for first and final call.
Sundry assets were purchased for Rs.1,50,000 by issue of shares to the vendors.
Pass journal entries for the above transactions.

(Or)

b) A Ltd invited applications for 10,000 shares of Rs.10 each at a discount of 10%
payable as follows: On application Rs.3; on allotment Rs.3 and on first and final
call Rs.3. Applications received were for 10,000 shares and all these were
accepted. All the money due was received except the first and final call on 500
shares. These shares were subsequently forfeited and reissued at Rs.8 per share
as fully paid up. Pass necessary entries in the journal of the company

17. a) The following are the details taken from the records of B Ltd. on June 30.
2015:Equity shares (fully paid up) Rs.6,00,000; Preference shares (fully paid
up) Rs.3,00,000; General reserve Rs.2,00,000; P & L a/c (Credit) Rs.1,25,000
and share premium a/c Rs.50,[Link] company decided to redeem the
preference shares at a premium of 10% out of its general reserve and P & L
a/c. Give journal entries relating to redemption of preference shares.

(Or)
b) A company had as part of its share capital 1,000 redeemable preference shares
of Rs.100 each fully paid up. When the shares became due for redemption, the
company had Rs.60,000 in its reserve fund. The company issued necessary
equity shares by Rs.25 specifically for the purpose of redemption and received
cash in full. Make the necessary journal entries recording the above
transactions.

18. a) . The following particulars relating to a Ltd. Co. which has gone into voluntary
liquidation. You are required to prepare liquidators final statement of
accounts after allowing for his remuneration @ 3% on amount realized and 2.5
 % on the amount paid to unsecured creditors except preferential
creditors.12,000 Equity shares of Rs.10 each, Rs.8 paid up Assets realized
Rs.9,24,000 excluding amount realized by sale of securities held by secured
creditors. Preferential creditors Rs.24,000; Unsecured creditors Rs.8,51,094;
Secured creditors (Security realized Rs.1,62,000) Rs.1,38,000; Debentures
holding a floating charge on all assets Rs.3,00,000; Expenses of liquidation
Rs.9,000. A call of Rs.2 per share on the partly paid equity shares was duly
paid except in case of one share holder owning 1,200 shares.
(Or)
b) The Over- Confident Ltd. went into liquidation with the following liabilities:
a. Secured creditors Rs.20,000 (securities realized Rs.25,000)
b. Preferential creditors Rs.600
c. Unsecured creditors Rs.30,500
d. Liquidators expenses in connection with liquidation amounted to Rs.252.
19. a) The liquidator is entitled to remuneration of 3% on every amount realized and
1.5% on the amount distributed to unsecured creditors except preferential
creditors. The various assets (excluding securities in the hands of fully secured
creditors) realized Rs.26,000. Prepare liquidator’s final statement of account.

(or)
b)

20. a) Give journal entries for the following transactions

a. 30,000 equity shares of Rs.10 each fully paid reduced to share of Rs.5 each fully
paid
b. 300, 9% debentures of Rs.1,000 each converted into 1,500, 12% debentures of
Rs.100 each
c. The debit balance of P & L a/c Rs.1,50,000 and the preliminary expenses
Rs.30,000 were written off
d. The value of plant and stock were written down by Rs.60,000 and Rs.30,000
respectively.

(Or)
b) A Ltd passed resolution and got Court permission for the reduction of its share capital
by Rs.5,00,000 for the purposes mentioned as under:
i. To write off the debit balance of profit and loss a/c of Rs.2,10,000
ii. To reduce the value of investments by Rs.80,000
iii. To reduce the value of plant by Rs.90,000 and goodwill by Rs.40,000
The reduction was made by converting 50,000 preference shares of Rs.20 each fully paid to
the same no. of preference shares of Rs.15 each fully paid and by converting 50,000 equity
shares of Rs.10 each fully paid up to Rs.6.60 each. Pass journal entries.
 P.G. DEPARTMENT OF COMMERCE AND RESEARCH CENTRE (Regular)
SRI PARASAKTHI COLLEGE FOR WOMEN, COURTALLAM
(An Autonomous College of Manonmaniam Sundaranar University, Tirunelveli)
[Under the Management of HR & C.E. Dept]
Reaccredited with ‘A’ Grade (3.38) by NAAC
BUSINES LAW –V CCom13
Date & Time: 03-12-2022 (10-1 pm) Marks : 75
Duration: 3 Hrs

SECTION – A
Answer all the Questions
1. What is consensus ad idem?
2. Define offer.
3. State the effects of a wagering agreement.
4. What is meant by attempted performance.
5. Define agent.
6. Who is a sub agent?
7. What is caveat emptor?
8. What is meant by warranty?
9. What do you mean by patent?
10. Give any two examples of trademark.

SECTION – B
Answer all the Questions
11.a) Explain the case study of Balfour Vs Balfour.
(OR)
b) Assume the legal rules relating to offer.
12. a) Distinction between wagering agreement and contingent contract.
(OR)
b) What are the circumstances under which a contract may be discharged by supervising
impossibility?
13.a) How we can create an agency by contract?
(OR)
b) Analze the duties of an agent.
14.a) How are goods classified under the sale of goods Act?
(OR)
b) State the exceptions to the rule ‘caveat emptor’.
15.a) Examine the types of intellectual property rights.
(OR)
b) Why trademark is important for every organization?

SECTION – C
Answer all the Questions:
16.a) Analyze the classifications of contracts.
(OR)
b) Discuss the legal rules regarding consideration.
17.a) Distinguish between contract of insurance.
(OR)
b) Explain the rules regarding contingent contracts.
18.a) Examine the various modes of termination of an agency.
(OR)
b) Evaluate the rights of an agent.
19.a) Project the essential elements of a contact of sale.
(OR)
b) Differentiate between hire purchase and sale.
20.a) Identify the steps involved in registration of patent.
(OR)
b) Why we promote and protect intellectual property rights?
 SRI PARASAKTHI COLLEGE FOR WOMEN, COURTALLAM
(Autonomous)
P.G Department of Commerce and Research Centre
Semester V – Core Elective
SUMMATIVE SEMESTER EXAMINATION – NOVEMBER 2022
COST ACCOUNTING – VCCOM14
Date & Time: 10-12-2022 (10-1 pm) Marks:75
Duration: 3 Hrs
SECTION A (10 X 1=10)
Answer ALL the questions
1. Define the term costing
2. What do you mean by Opportunity cost?
3. What do you understand by Material control?
4. Write Short note on Trade Discount
5. What is Piece Rate System?
6. What is idle time?
7. What do you understand by variable overhead?
8. What is Machine hour rate method?
9. List out objectives of Job costing
10. What do you mean by normal loss?

SECTION B (5 X 5=25)
Answer ALL the questions
11. a. State the objectives of cost accounting
(Or)
b. What are the advantages of cost accounting?

12. a. Calculate a) Reorder level b) Maximum level c) Minimum level

Maximum usage in a month 600 Units
Minimum usage in a month 400 Units
Average usage in a month 450 Units
Lead time: Maximum 6 months, minimum 2 months
Reorder Quantity - 1500 Units
Maximum reorder period for emergency purchase – 1 month.

(Or)

b. The following information you are required to calculate Economic Order Quantity
Annual consumption of materials 20000 units
Cost of buying per order Rs.10
Cost per unit Rs.100
Storage and carrying cost 10 % on cost

13. a) From the following data given by the personnel Department, Calculate the labour turnover rate by
applying a) Separation method b) Replacement method c) Flux method

No of workers on the payroll

At the beginning of the month 900

At the end of the month 1100

During the month 10 workers left; 40 workers were discharged and 150 workers were recruited, of these
25 workers are recruited in the vacancies of those leaving while the rest were engaged for an expansion
scheme.

(Or)
b) In a factory workers are paid at Rs.50 per hour. During the month of April 2022, there were 25
working days of 8 hours each.

There is also a piece work plan where in Rs.10 is to be paid per piece produced.

During the month worker X produced on average 48 pieces per working day.
Ascertain the wages of worker X under
a) Time wages b) Piece rate wages
14. a) A company producing concern is divided into four departments A, B, C are production departments
and D is a service department. The actual expenses for a period are as follows

Rent Rs.10,000
Repairs to plant Rs.6,000
Depreciation of plant Rs.4,500
Lighting expenses Rs.1,000
Supervisory expenses Rs.15,000
Fire insurance (on stock) Rs.5,000
Power Rs.9,000
Employer’s liability for insurance Rs.1,500

The following information is available in respect of the four department

Particulars A B C D
Area ([Link]) 1,500 1,100 900 500
No. Of lights 75 11 9 5
No. Of employees 200 150 100 50
Total wages (Rs.) 60,000 40,000 30,000 20,000
Value of plants (Rs.) 2,40,000 1,80,000 1,20,000 60,000
Value of stock (Rs.) 1,50,000 90,000 60,000 -
Apportion the costs to the various departments on the most equipment method.

(Or)

b. The following details are furnished by a manufacturer of a product

Direct Materials Rs.75,000

Direct wages Rs.30,000
Machine hours 20,000
Labour hours 50,000
Works Overhead Rs.15,000

Calculate the different overhead absorption rates.

15. a) From the following data is available in respect of Job No.102.

Direct Materials Rs.17,000

Wages 160 hours at Rs.50 per hour.
Variable overhead incurred for all jobs Rs.80,000 for 2000 Labour hours.
Fixed overheads are absorbed at Rs.20 per hour

Find Profit or loss from the job if the job is billed for Rs.40,000.

(Or)

b. From the following data prepare process a/c

Materials (500 units) Rs.10,000

Labour Rs.8,000
Indirect expenses Rs.7,000
Normal loss 5% of input
Scrap value Rs.31 per unit

SECTION C (5 X 8 = 40)

Answer ALL the questions

16. a) Distinguish between cost accounting and financial accounting
(Or)
b. During the year 2021 X Limited produced 50,000 units of a product. The following were the expenses
Stock of raw materials on 1-1-2021 Rs.10,000
Stock of raw materials on 31-12-2021 Rs.20,000
Purchase of raw materials Rs.1,60,000
Direct wages Rs.75,000
Direct expenses Rs.25,000
Factory expenses Rs.37,500
Office expenses Rs.62,500
Selling expenses Rs.25,000
You are required to prepare a cost sheet showing cost per unit and total cost at each stage.
17. a) From the following information calculate
a) Economic order quantity
b) Reorder level
c) Maximum level
d) Minimum level

Normal usage per day 150 units

Minimum usage per day 100 units
Maximum usage per day 200 units
Reorder period 50 to 60 days
Annual usage is 50,000 units
The cost of purchase is Rs.100 per order
Cost per unit Rs.1.00
Carrying cost is 10 % per annum
(Or)
b. The following information is provided by X Ltd for the year 2020
2020
June 1 Stock of materials 200 units at Rs.2.50 per unit
3 Purchased 300 units at Rs.3 per unit
7 Purchased 500 units at Rs.4 per unit
10 Issued 600 units
12 Purchased 400 units at Rs.4 per unit
18 Issued 500 units
24 Purchased 400 units at Rs.5 per unit
28 Issued 200 units
Prepare the store ledger under FIFO method.

18 a. Calculate the earnings of workers on the basis of Taylor’s Differential piece rate system
Standard time per unit 12 minutes
Standard rate per hour Rs.60
Differentials to be used 80% and 120%
In a particular day of 8 hours, Worker ‘X’ produced 30 units and worker ‘Y’ produced 50 units.
(Or)
b. Calculate the earnings of 3 workers A, B and C under ‘Merrick’s multiple piece rate system’, given the
following
Standard production per day 150 units
Normal piece rate Re.0.50 per unit
Production of workers on a particular day
A - 120 units
B - 140 units
C - 160 units

19. a) A manufacturing concern has three production departments and two service departments. In July
2022, the departmental expenses were as follows
Production Departments
A Rs.16,000
B Rs.13,000
C Rs.14,000
Service Departments
X Rs.4,000
Y Rs.6,000

The service department expenses are charged out on a percentage basis viz.
A B C X Y
Expenses of Department X 20% 25% 35% - 20%
Expenses of Department Y 25% 25% 40% 10% -
Prepare a statement of secondary distribution under repeated distribution method.
(Or)
b. From the following particulars compute the Machine hour rate
Cost of the machine Rs.11,000
Scrap value Rs.680
Repairs for the effective working life Rs.1,500
Standing charges for 4 weekly period Rs.40
Effective working life 10,000 hours
Power used 6 units per hour at 5 paise per unit
Hours worker in 4 weekly period 120 hours.
20. a) Meenkshi Printers undertook two jobs during the 1st week of June 2022. The following details are
available
Job 110 (in Rs.) Job 120 (in Rs.)
Materials supplied 4000 2000
Wages paid 900 600
Direct expenses 200 100
Material transfer from Job 120 to Job 110 200 200
Material returned to store - 100

Find the cost of each job and profit or loss if any, assuming that job 120 is completed and invoiced to the
customer (Sales) at Rs.3000.
(Or)
b) Sairam & Co., produces a product through two process A and B. Prepare the process accounts from the
following details relating to March 2022
Process A Process B
Material 45,000 15,000
Labour 60,000 25,000
Chargeable expenses 5,000 10,000
Overhead 12,000 5,000
 SRI PARASAKTHI COLLEGE FOR WOMEN ( AUTONOMOUS )
COURTALLAM
III [Link] – Semester V
Semester Examination – November 2022
BASICS OF RESEARCH METHODOLOGY - V MECom1

Date & Time: 06-12-2022 (10-1 pm) Marks: 75

Duration : 3 Hrs

SECTION – A

I. Answer all the questions in a sentence or two : 10x1=10

1. Define Research.
2. What is a research problem?
3. What is research design?
4. What is sampling?
5. What is meant by primary data?
6. What is meant by observation?
7. What is data processing?
8. What is coding?
9. What do you meant by report writing?
10. What is research report?
SECTION – B
II. Answer all questions in each 250 words : 5 x 5 =25
11( a ) What are the objectives of research?
( OR )
( b )What are the characteristics of research ?
12( a ) Analyse the various sampling errors.
( OR )
( b ) What are the methods of sampling ?
13.( a ) Distinguish between primary and secondary data
( OR )
( b ) Briefly explain the qualities of good questionnaire
14 ( a ) What are the procedure for rating and ranking scale?
( OR )
( b ) Distinguish between editing of data and coding of data.
15. ( a ) What are the significance of research report?
( OR )
( b ) Draft the format of research report.
SECTION – C
III. Answer all questions in 500 words : 5 x 8 = 40
16( a )Describe the various types of research?
( OR)
( b ) Discuss the formulation process of research problem.
17 ( a) Describe the merits and demerits of sampling
( OR )
( b ) What are the steps to be taken to sampling techniques?
18( a ) Explain the various types of probability or Random sampling methods.
( OR )
( b ) Explain the methods of data collection.
19 ( a ) Explain the various kinds of tabulation
( OR)
( b ) Explain the various types of classification
20 ( a ) Explain the types of research report.
( OR )
( b )Describe the qualities of good research report.
 SRI PARASAKTHI COLLEGE FOR WOMEN , COURTALLAM
An Autonomous College of TheManonmaniamSundaranar University
Reaccredited with “A” Grade (3.38) by NAAC
Under the management of H.R &[Link]
[Link] –III Year Semester –V
SUMMATIVE SEMESTER EXAMINATION – NOVEMBER 2022
Skill Based Common-Personality Development – VSBcom1
(From 2018 entrants onwards)

Date & Time: 08-12-2022 (10-12 pm) Max. Marks : 50

Duration: 2 Hrs
SECTION –A
Answer all the questions (10 x 01 =10)

01. How can a person be himself?

02. What do you mean by SWOT analysis?
03. What is attitude?
04. What is negative attitude?
05. What do you mean by Habit?
06. Define: Friendship.
07. What is SQ3R in reading?
08. What do you mean by integrated personality?
09. Define: Meditation
10. Write a short note on Leadership skill.
SECTION –B
ANSWER ANY FIVE QUESTIONS(05 x 03 =15)
[Link] different steps to be taken to know one?
12. What are the efforts of positive attitude?
13. Your attitude determines your altitude. Comment.
14. Values have different impact on an individual life. Explain.
15. What are the problems associated with reading?
16. What are the characteristics of Integrated Personality?
17. Style of Leadership- Discuss.
18. Describe the Characteristics of Good habit.

SECTION –C
ANSWER ANY FIVE QUESTIONS(05 x 05 =25)

[Link] the importance of personality development.

[Link] negative makes a person pessimistic. Comment.
[Link] in attitude causes change in behavior and results. Comment.
22. Explain the role of personality in the process of perception.
[Link] readers are what they read. Comment.
24. Explain the Practical aspect of personality Development.
25. Explain the different dimension of Personality Development.
26. Write a short notes on: a)SigmundFrecid’sPsycl Theory
b) Analytic Theory.