BACHELOR'S DEGREE PROGRAMME
Term-End Examination June’ 2015
ELECTIVE COURSE: COMMERCE ECO-14: ACCOUNTANCY-II
Time: 2 hours Maximum Marks: 50
Note: Attempt any four questions including question no. 1 which is compulsory.
You have to attempt total four questions out of total seven questions in which 1st question is theoretical and compulsory. From rest 6 questions you have to attempt only 3 question in which you can select cash flow and funds flow theory section, ratio analysis practical section and partnership practical section from which 2 questions are certain. For the last one, you can select issue of shares and debentures section.
Chapter wise selected questions:
Departmental accounts: MUST STUDY
1. What is departmental accounting? Mention its uses. Explain the basis of allocation of various expenses amongst various departments.
2. How Inter-departmental transfer is treated in departmental accounts? Explain the treatment of unrealized profit in departmental account.
3. Distinguish between departmental and branch accounting.
Branch account: MUST STUDY
1. What is Branch accounting? What are its objectives? Distinguish between department and branch accounting.