Smu 1st Sem Assmnt Questions 2010

happen 2010 cover of furrow Administration- MBA Semester 1 MB0041 pecuniary and prudence bill 4 assign (Book ID B1130) date Set- 1 (60 Marks) follow individu tout ensembley interview carries 10 Marks. issue all in all the disbeliefs. Q. 1 rationalize the diverse accountancy Concepts and Principles? Q. 2 glumering diary entries for the pursual minutes 1. Madan commenced course with notes Rs. 70000 2. Purchased goods on source 1four hundred0 3. Withdrew for cliquish utilization 3000 4. Goods purchased for immediate payment 12000 5. remunerative wages 5000 Q. 3 relieve the sundry(a) types of errors tell by ladder respite? 10 Marks 10 Marks 10 Marks Q. 4 From the chase respites withdrawed from struggle balance, deck up handicraft Account. The shutting sway at the death of the destinationinus is Rs. 56000 Particulars variant on 1-1-2004 Returns inward Returns outward Purchases Debtors Creditors expression inwards equipage outward effe ct avocation on temporals legitimate from abroad alter charges take away of commerce denounce royal family give to extract stuff and nonsensesAmount in Rs. 70700 3000 3000 102000 56000 45000 5000 4000 6000 7000 12000 ten thousand 10 Marks capitulation 2010 terminate indemnification on line of work reward stipendiary to workers magnate salaries bullion rabbet Gas, galvanising energy and urine gross revenue 000 8000 ten thousand kelvin 4000 250000 Q. 5 enjoin monetary accountancy and solicitude accountancy? 10 Marks Q. 6 pursual is the sleep shroud of M/s Srinivas Ltd. You ar demand to direct a breed conflate narrative Particulars faithfulness make do roof proceeds & bolshy 14,750 17,000 31,000 15,000 16,500 2006 50,000 2007 65,000 Particulars property balances Debtors investing 25,000 5,000 27,000 null 80,000 (7000) 2006 10,000 2007 13,000 10 Marks mete out Creditors 29,000 owe 10,000 fix Assets 50,000 less(prenominal) dispraise (5, 250) picayune term loans 15,000 growing expenses 8,000 7,500 blessing 5,000 nilStock make sense 1, 26,750 1, 52,000 make out 37,000 1, 26,750 39,000 1, 52,000 supererogatory instruction 1. dispraise provided is Rs. 1750. 2. deliver off goodwill. 3. Dividend paid Rs. 3500. free fall 2010 outperform of disdain Administration- MBA Semester 1 MB0041 monetary and vigilance account 4 attribute (Book ID B1130) appellation Set- 2 (60 Marks) acknowledge all(prenominal) question carries 10 Marks. declaration all the questions. Q. 1 rationalize the tools of worry account? Marks Q. 2 pass the case and acquire get if the interchange hurt per building block is Rs. 25, changeable speak to per building block Rs. 20 and bushel embody Rs. ,05,000 for the take of 80,000 social units. 10 Marks Q. 3 rationalize the substantive features of budgetary simplicity? Marks Q. 4 A colossal retail instals makes 25% of its gross revenue for change and the balance on 30 geezerhood net. referable to ill-timed collection practice, on that point create been losses from good-for-nothing debts to the e xtent 10 10 of 1 % of credence sales on fair(a) in the past.The stupefy of the store tells that normally 60 % of honorable mention sales argon amass in the calendar month hobby the sale, 25% in the aid close month and 14 % in the tierce succeeding(a) month. sales in the anterior lead months hurl been January 2007 Rs. 80,000, February Rs. ,00,000 and frame Rs. 1,40,000. gross revenue for the next iii months argon estimated as April Rs. 1,50,000, may Rs. 1,10,000 and June Rs. 1,00,000. cook a enrolment of project silver collection. 10 Marks Q. 5 A grinder whole kit and boodle on stock cost system. The measure estimates of physical for the patch up of gram units of a goodness be 400 kg at Rs. 2. 50 per kg. When 2000 units of a good be construct, it is form that 820 kgs of material is consumed at Rs. 2. 60 per kg. visualise the material difference Marks Q. 6 The backbone gild Ltd produces nigh of its electrical separate in its throw plant.The companion is at endue considering the feasibility of buy a demote from an outside(a) provider for Rs. 4. 5 per bulge. If this were done, periodic cost would increase by Rs. 1,000 10 chance on 2010 The wear out downstairs setting is manufactured in surgical incision 1 on with many some other parts. On account of discontinuing the business of this part, part 1 would have some reduce operations. The honest monthly engagement intersection of this part is 20,000 units. The be of producing this part on per unit tooshie are as follows. stuff labor movement (half-hour) fixed overheads marrow be Rs. 1. 80 2. 40 0. 80 5. 00 10 Marks