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Old Exam Papers June 2012 (Set 2)

Old Exam Papers June 2012 (Set 2)

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Mr. Ram to whom 160 shares were allotted, failed to pay<br />

allotment money and on his subsequent failure to pay first<br />

call, his shares were forfeited. Mohan the holder of 240<br />

shares, failed to pay the two calls and his shares were<br />

forfeited. Give Journal Entries and prepare Balance Sheet<br />

of S Ltd. 10+6<br />

9. What is 'Trial Balance' ? Discuss those mistakes which<br />

can not be detected by trial balance. 8+8<br />

10. Write short notes on the following :<br />

(i) Inter Departmental Transactions<br />

(ii) Stock and Debtor Method of Branch Accounts 8+8<br />

200 8 BBA-02<br />

A<br />

BBA-02<br />

B.B.A. (Part I) EXAMINATION,<br />

<strong>June</strong>, <strong>2012</strong><br />

FUNDAMENTALS OF ACCOUNTING<br />

Paper-BBA-02<br />

(Fundamentals of Accounting)<br />

Time allowed : Three hours<br />

Maximum marks : 80<br />

Attempt any five questions. Each<br />

question carries equal marks.<br />

1. Explain the following accounting terminology :<br />

(i) Current Assets<br />

(ii) Current Liabilities<br />

(iii) Balance Sheet<br />

(iv) Discount<br />

4+4+4+4<br />

PTO

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