GRACE COLLEGE OF COMMERCE
MANAGED BY : SHRI N. P. VEKARIYA EDUCATIONAL & CHARITABLE TRUST
SYBCOM SEM – 4
SUB. : ENGLISH
Q.1
Q.2
Q.3
What Effective Ways Are Suggested By Sam Horn To Sidestep Stale Mates?
Character Sketch of Sudha Murty As Revealed In Appro Jrd.
Write Essays: A. The Indian Navy B. How I Spent My Last Holiday.
SUB. : BUSINESS COMMUNICATION
Q.1
Q.2
Q.3
Explain Physical & Psychological Barrier.
Write Short Notes On: A. You Attitude
B. Outward Appearance of B. L.
Define The Terms:
1.Commercial English
2. Correctness
SUB. : CORPORATE ACCOUNT
Answer any two of the following:
Q.1
The Balance Sheets of Raj Ltd. And Ravi Ltd. as on 31-3-2011 were as under:
Liabilities
Rs.
Rs.
Assets
Rs.
Rs.
Equity shares of Rs. 100 each
20,00,000 15,00,000 Goodwill
- 6,00,000
General Reserve
1,23,000
- Building
5,00,000
Profit and Loss Account
2,40,000
75,000 Plant & Machine
7,60,000 7,23,000
Creditors
5,27,000 3,14,000 Stock
4,74,000 1,27,000
Bills Payable
- 1,27,000 Debtors
8,14,000 4,18,000
Cash & Bank
3,42,000 1,48,000
28,90,000 20,16,000
28,90,000 20,16,000
Additional Information:
(a) Both the companies decided to wind up and to acquire the business of these two companies, a
new company called Bhavya Ltd. Was formed with share capital of Rs. 35,00,000 divided into
shares of Rs. 100 each and 500 5% debentures of Rs. 100 each.
(b) All the assets of Raj Ltd. Except cash & bank balance were sold at following mentioned revalued
figures :
Building and Plant & Machine after writing off 20% and stock after increasing 10%
New Company agreed to pay to creditors
(c) All the assets of Ravi Ltd. Were purchased by New Company with the exception of cash and
bank balance. In assets, Goodwill valued at Rs. 3,00,000 and Plant and machine at Rs. 4,00,000
whereas remaining assets were taken over at book values. Liabilities were taken over at book
value by new company.
(d) The consideration in case of Raj Ltd. Paid by 10,000 shares, 250 debentures and balance in
cash, while in case of Ravi Ltd. 7000 shares, 250 debentures and balance paid in cash.
(e) The remaining shares of the new company were issued to public at a premium of 10% and all
these shares were subscribed for an were fully paid.
You are required to prepare ledger accounts in the books of Raj Ltd. And pass necessary
entries in the books of Bhavya Ltd.
Q.2
The following is the Balance sheet of Urja Ltd. As on 31/03/2009 :
Liabilities
Rs.
Assets
8% 5000 Pref. Shares of Rs. 100 each
5,00,000 Goodwill
15,000 equity shares of Rs. 100 each
15,00,000 Buildings
General reserve
1,25,000 Machineries
P & L Account
1,00,000 Investments
9% debentures
3,75,000 Stock
Creditors
1,50,000 Debtors
Cash and Bank
Discount on debentures
Preliminary expenses
Rs.
2,00,000
12,50,000
6,25,000
2,50,000
1,75,000
62,500
62,500
25,000
1,00,000
27,50,000
27,50,000
On 01/04/09, Raj Ltd. Absorbed Urja Ltd. With the following conditions :
(a) Raj Ltd. Took over the tangible assets except cas and bank balance and Investments. It also
took over Creditors.
(b) The equity shareholders of Urja Ltd. Were to be alloted five equity shares of Raj Ltd. Of Rs. 10
each at a market price of Rs. 12 per share for every share held by equity shareholders.
Liquidation expenses Rs. 17,500 were to be met by Raj Ltd.
(c) The preference shareholders of Urja Ltd. Were to be allotted eight equity shares of Raj Ltd. Of
Rs. 10 each at a market price of Rs. 12 per share for every share held by preference
shareholder.
(d) Investments were sold for Rs. 2,05,000
(e) The debentureholders of Urja Ltd. Were to be allotted 9% debentures of Raj Ltd. In such a way
that debentureholders get 20% premium
(f) Raj ltd. Took stock at Rs. 1,55,000 and machinery at Rs. 5,25,000. Provide 5% BDR on debtors.
Prepare Realisation A/c, Equity shareholders A/c and Preference shareholders A/c in the books
of Urja ltd. And pass necessary journal entries in the books of Raj ltd.
Q.2
The following is the Balance sheet of Dhara Ltd. as on 31/03/2011 :
Liabilities
Rs.
Assets
6400 equity shares of Rs. 100 each
6,40,000 Goodwill
4800 10% Pref. Shares of Rs. 100 each
4,80,000 Building
General Reserve
60,000 Machinery
P&L A/c
2,18,000 Stock
9% Debentures
2,16,000 Debtors
Creditors
1,32,000 Bills Receivable
Bills Payable
24,000 Cash-Bank
Discount on shares
Advertisement suspense A/c
Rs.
1,28,000
3,08,000
3,90,000
3,94,000
1,92,000
1,28,000
1,12,000
62,000
56,000
17,70,000
17,70,000
The new company Bina ltd. was formed to take over the business of Dhara ltd. except cash and
bank balance :
(a) 5 equity shares of Rs. 100 each (Rs. 80 paid) of Bina ltd. will be given against 4 equity shares of
Dhara ltd.
(b) 4 equity shares of Rs. 100 each (Rs. 80 paid) of Bina ltd. will be given against 3 preference
shares of Dhara ltd.
(c) The debenture-holders of Dhara ltd. to be issued sufficient debentures of Bina ltd. so as to give
them a premium of 10%
(d) Bills receivable and bills payable are not taken over by the new company. Rs. 1,10,000 was
realized from bills receivable and Rs. 18,000 paid for bills payable.
From the above information prepare: Ledger accounts in the books of Dhara ltd. and Balance
sheet of Bina ltd. after reconstruction.
SUB. : COST ACCOUNT
Answer any two of the following:
Q.1
In a factory 5000 units are introduced into a process at a cost of 100000.the total additional
expenditure incurred by the process is 165000.from the past experience, it is calculated that of units
introduced 20% are normally spoilt in the course of manufacture. Scrap value 5.prepare process account
if units introduced are 1.4000units 2.3500 units 3.4200 units.
Q.2
A building contractor having undertaken construction work at a contract price of 500000 began
the execution of the work on 1st April 2010.
Machinery installed at site
30000
Material sent to site
170698
Labour at site
148750
Direct expenses
6334
Overhead charges allocated
8252
Material return from the site
1098
Work certified
390000
Cash received
360000
Work uncertified
9000
Material on hand 31.3.2011
3766
Wages accrued on 31.3.2011
5380
Value of machinery as at 31.3.2011
22000
2/3 of the profit of the contract on the basis of cash received is to be transferred to profit and
loss account. Prepare contact account.
Q.3.
What is meant by reconciliation of profit as shown by cost account and that shown by financial
accounts ?also explain difference between cost account and financial account.
SUB. : MONEY AND FINANCE
Answer any two of the following:
Q.1
Q.2
Q.3
State the Model Business Cycle.
What is Inflation? Discuss characteristics and Causes of Inflation.
Discuss the meaning of Central Bank and discuss its functions.
SUB. : INCOME TAX
Answer any two of the following:
Q.1
Q.2
(A) Service Tax (B) Settlement Commission
The Following Incomes Are Given By Mohan During Financial Year 2010-11
1. Directors Fees
2000
2. Income From Agricultural Land In UK
5000
3. Ground Rent For Land In Pathankot
10000
4. Interest On Post Saving Bank
100
5. Interest On Deposits With Ifci
500
6. Dividend From A Foreign Company
700
7. Rent From Sub Letting House
26250
8. Winning From Horse Race
12300
9. Interest on Security
4000
10. Gift from Friend
2694(TDS 10.2%)
11. Dividend from UTI
5000
Q.3
From The Following Particulars Calculate His Taxable Income Under The Head Income From
Capital Gain.
Assets Sold By Mrs S =900000(10-11-2013) Paid Valuation Charges Rs 100000.Assets Received
From Her Father In Succession On 20-5-1995.Her Father Had Purchased The Assets In 1978-79 For
280000.Fmv 1.4.81 560000.After That He Purchased House For Rs 1520000 And She Also Invest In Nhai
Bond.
A.Y 2014-2015.Cii 81-82=100,94-95=259,95-96=281,13-14=939.
SUB. : ACCOUNTING AND FINANCE – 4
Answer any two of the following:
Q.1
From the following particulars of Ram Insurance Co. Ltd. In respect of their Fire department, you
are required to prepare Revenue Account for the year ended 31/03/2011 :
Particulars
Rs.
Additional reserve for unexpired risk dated 31/03/10
1,80,000
Reserve for unexpired risk on 31/03/10
7,40,000
Liability for outstanding claims (31/03/10)
80,000
Liability for outstanding claims (31/03/11)
1,10,000
Claims paid
5,70,000
Losses of sale for motor
15,000
Depreciation
5,000
Re-insurance recoveries
75,000
Premium received
12,60,000
Re-insurance premium given
1,30,000
Commission on direct business
1,10,000
Commission on re-insurance accepted
15,000
Commission on re-insurance ceded
15,000
Interest and dividend
1,20,000
Income tax deducted thereon
24,000
Management expenses
2,02,000
Profit on sale of investments
10,000
Legal expenses for claim
10,000
Other information :
(a) Provided for unexpired risk as per code of conduct and additional Reserve for unexpired risk at
20% of net premium income.
(b) Bonus utilised in reduction of premium of Rs. 30,000 is not recorded in Books of Accounts.
Q.2
Darshak purchased a machine on 01/01/2012 from Vidhi. The terms were as under :
At the time of agreement
4000
First annual installment (31/12/10)
8000
Second annual installment (31/12/11)
4000
Third annual installment (31/12/12)
4000
Machinery cash price of Rs. 17,200. Machine is to be depreciated at 10% p.a. by diminishing
balance method.
Prepare :
(a) Journal entries for the first year in the books of both the parties.
(b) In the books of Darshak : Asset Account and Vidhi Account
Q.3
Write short notes on –
a) Importance of Cash management
b) Objectives of Management of receivable
Or
SUB. : BUSINESS MANAGEMENT – 4
Answer any two of the following:
Q.1
Q.2
Q.3
What is Marketing Research? Explain Marketing research process.
Explain the meaning and types of Research Report.
What is Research Design? Write different types of research design.
ASSIGNMENT SUBMISSION /MCQ TEST/ SEMINAR
BCOM
STD
CLASS
DATE
DAY
TIME
BCOM – 6
CLASS – A
02/03/2016 WEDNESDAY
AT 9.30AM
BCOM – 6
CLASS – B
03/03/2016
THURSDAY
AT 9.30AM
BCOM – 4
CLASS – A
04/03/2016
FRIDAY
AT 9.30AM
BCOM – 4
CLASS – B
05/03/2016
SATURDAY
AT 9.30AM
BCOM – 2
CLASS – A
08/03/2016
TUESDAY
AT 9.30AM
BCOM – 2
CLASS – B
09/03/2016 WEDNESDAY
AT 9.30AM