SUBJECT CODE: BHM108 EXAM DATE: 20.05.
2019
ROLL No……………………………
NATIONAL COUNCIL FOR HOTEL MANAGEMENT
AND CATERING TECHNOLOGY, NOIDA
ACADEMIC YEAR 2018-2019
COURSE : 2nd Semester of 3-year B.Sc. in H&HA
SUBJECT : Accountancy
TIME ALLOWED : 03 Hours MAX. MARKS: 100
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(Marks allotted to each question are given in brackets)
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Q.1. What is Trial Balance? Explain the advantages of Trial Balance.
OR
Explain the three types of accounts with examples. Give their respective golden rules of journalizing the transactions. (10)
Q.2. Explain the meaning and purpose of preparing final accounts. (10)
OR
Differentiate between the following (any two):
(a) Debtors and creditors (b) Cash book and petty cash book (c) Reserve and revenue (2x5=10)
Q.3. What is capital and revenue expenditure? Explain with examples.
OR
What is accounting? Explain the objectives of accounting. (10)
Q.4. Journalise the following transactions:
Date Particulars Rupees
January 1 Capital paid into bank 3,00,000/-
January 1 Bought stationery for cash 400/-
January 2 Bought goods for cash 25,000/-
January 5 Sold goods for cash 10,000/-
January 6 Bought office furniture from Mahendra Bros. 40,000/-
January 11 Sold goods to Jacob 12,000/-
January 12 Received cheque from Jacob 12,000/-
January 14 Paid Mahendra Bros. by cheque 40,000/-
January 16 Sold goods to Ramesh & Co. 5,000/-
January 20 Bought from S.Seth & Bros. 15,000/-
January 23 Bought goods for cash from S.Narain & Co. 22,000/-
January 24 Sold goods to P.Prakash 17,000/-
January 26 Ramesh & Co. Paid on account 2,500/-
January 28 Paid S.Seth & Bros. by cheque in full settlement 14,800/-
January 31 Paid salaries 2,800/-
(10)
Q.5. Write short notes on any five:
(a) Goodwill (b) Closing stock (c) Net profit
(d) Cash discount (e) Contingent liability (f) Depreciation (5x2=10)
Q.6. Define Bank Reconciliation Statement and list the cause of difference in the cash book and pass book balances.
OR
What is the meaning of Journal? Explain the contents of journal format and show how posting is done in it by any two
imaginary transactions. (10)
Q.7. Enter the following transactions in a three column cash book:
2011 Particulars Rupees
March 1 Cash in hand 10,000/-
March 1 Cash at bank 8,000/-
March 2 Sold goods for cash with cash discount @ 10% 6,000/-
March 5 Paid by cheque for direct purchases 1,500/-
March 7 Paid rent in cash 1,000/-
March 9 Deposited cash into bank 2,000/-
March 10 Received cheque from Arun after a discount of Rs.100/- 900/-
March 11 Received commission in cash 700/-
March 12 The cheque received from Arun was dishonoured 900/-
March 14 Paid cash wages 100/-
(10)
CODE: ACCTS/02/MAY/19/NC Page 1 of 2
SUBJECT CODE: BHM108 EXAM DATE: 20.05.2019
Q.8. Enter the following transaction in the Purchase Book of M/s. Raj Electrical Store:
2018 Purchased goods from Surya Electrical:
April 2 200 Tubelights @ Rs.350/- each
50 table fans @ Rs.900/- each
20 heaters @ Rs.1,000/- each
Trade discount 15%
April 10 Bought goods from New Light Traders:
20 table fans @ Rs.1,500/- each
40 ceiling fans @ Rs.1,500/- each
10 electric irons @ Rs.700/- each
Trade discount 20%
Sales tax 8%
April 20 Purchased goods from Hardeep Electricals on credit:
120 dozen bulbs @ Rs.80/- per dozen
Trade discount 10%
April 22 Bought goods from Sunny electricals:
5 electric irons @ Rs.550/- each
April 28 Bought goods from Furniture house on credit:
12 chairs @ Rs.1,000/- each
2 tables @ Rs.1,500/- each
(10)
Q.9. Prepare a Trading, Profit & Loss Account and Balance Sheet from the following Trial Balance adjustments:
(i) Closing stock valued at 40,000/-
(ii) Depreciate furniture and fixture @10%, plant and machinery @20%
(iii) Wages outstanding 2,000/-
(iv) Salaries prepaid 1,000/-
Particulars Debit (Rs.) Credit (Rs.)
Sales 1,00,000/-
Capital 2,00,000/-
Furniture & fixtures 50,000/-
Plant & Machinery 80,000/-
Debtors 30,000/-
Creditors 20,000/-
Bank Overdrafts 10,000/-
Purchase 20,000/-
Wages 10,000/-
Cash in hand 20,000/-
Power & fuel 9,000/-
Carriage outwards 6,000/-
Rent 20,000/-
Electricity 5,000/-
Advertisement 15,000/-
Salary 10,000/-
Drawings 45,000/-
Opening Stock 10,000/-
3,30,000/- 3,30,000/-
(20)
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CODE: ACCTS/02/MAY/19/NC Page 2 of 2
