bca44

Topics: Finance, Debt, Question Pages: 8 (748 words) Published: October 18, 2014
Page 1 of 2
Summer 2014, ASSIGNMENT
PROGRAM
BCA(REVISED 2007)
SEMESTER
3RD SEM
SUBJECT CODE & NAME
BC0044– ACCOUNTING AND FINANCIAL MANAGEMENT
CREDIT
4
BK ID
B0805
MAX. MARKS
60
Answer all Questions
Q.No
Questions
Marks
Total Marks
1
What is over capitalization? How do we know over capitalization has occurred? [10]
10
2
Explain the steps involved in Funds Flow statement.
[10]
10
3
Explain permanent and temporary working capital.
[10]
10
4
Following are the extracts from the Trial Balance of a firm as on 31st March 20X7 Dr
Cr
Sundry Debtors
2,05,000
Provision for Doubtful Debts
10,000
Provision for Discount on Debtors
1,800
Bad Debts
3,000
Discount
1,000
Additional Information:
1) Additional Bad Debts required Rs.4,000
2) Additional Discount allowed to Debtors Rs.1,000
3) Maintain a provision for bad debts @ 10% on debtors
[10]
10
Page 2 of 2
4) Maintain a provision for discount @ 2% on debtors
Required: Pass the necessary journal entries and show the relevant accounts including final accounts. 5
Explain the objectives of cash management
[10]
10
6
Why wealth maximization is superior to profit maximization
[10]
10

Page 1 of 2
Summer 2014, ASSIGNMENT
PROGRAM
BCA(REVISED 2007)
SEMESTER
3RD SEM
SUBJECT CODE & NAME
BC0044– ACCOUNTING AND FINANCIAL MANAGEMENT
CREDIT
4
BK ID
B0805
MAX. MARKS
60
Answer all Questions
Q.No
Questions
Marks
Total Marks
1
What is over capitalization? How do we know over capitalization has occurred? [10]
10
2
Explain the steps involved in Funds Flow statement.
[10]
10
3
Explain permanent and temporary working capital.
[10]
10
4
Following are the extracts from the Trial Balance of a firm as on 31st March 20X7 Dr
Cr
Sundry Debtors
2,05,000
Provision for Doubtful Debts
10,000
Provision for Discount on Debtors
1,800
Bad Debts
3,000
Discount
1,000
Additional Information:
1) Additional Bad Debts required Rs.4,000
2) Additional Discount allowed to Debtors Rs.1,000
3) Maintain a provision for bad debts @ 10% on debtors
[10]
10
Page 2 of 2
4) Maintain a provision for discount @ 2% on debtors
Required: Pass the necessary journal entries and show the relevant accounts including final accounts. 5
Explain the objectives of cash management
[10]
10
6
Why wealth maximization is superior to profit maximization
[10]
10

Page 1 of 2
Summer 2014, ASSIGNMENT
PROGRAM
BCA(REVISED 2007)
SEMESTER
3RD SEM
SUBJECT CODE & NAME
BC0044– ACCOUNTING AND FINANCIAL MANAGEMENT
CREDIT
4
BK ID
B0805
MAX. MARKS
60
Answer all Questions
Q.No
Questions
Marks
Total Marks
1
What is over capitalization? How do we know over capitalization has occurred? [10]
10
2
Explain the steps involved in Funds Flow statement.
[10]
10
3
Explain permanent and temporary working capital.
[10]
10
4
Following are the extracts from the Trial Balance of a firm as on 31st March 20X7 Dr
Cr
Sundry Debtors
2,05,000
Provision for Doubtful Debts
10,000
Provision for Discount on Debtors
1,800
Bad Debts
3,000
Discount
1,000
Additional Information:
1) Additional Bad Debts required Rs.4,000
2) Additional Discount allowed to Debtors Rs.1,000
3) Maintain a provision for bad debts @ 10% on debtors
[10]
10
Page 2 of 2
4) Maintain a provision for discount @ 2% on debtors
Required: Pass the necessary journal entries and show the relevant accounts including final accounts. 5
Explain the objectives of cash management
[10]
10
6
Why wealth maximization is superior to profit maximization
[10]
10

Page 1 of 2
Summer 2014, ASSIGNMENT
PROGRAM
BCA(REVISED 2007)
SEMESTER
3RD SEM
SUBJECT CODE & NAME
BC0044– ACCOUNTING AND FINANCIAL MANAGEMENT
CREDIT
4
BK ID
B0805
MAX. MARKS
60
Answer all Questions
Q.No
Questions
Marks
Total Marks
1
What is over capitalization? How do we know over capitalization has occurred? [10]
10
2
Explain the steps involved in Funds Flow statement.
[10]
10
3
Explain...
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